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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
chikading2016
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November 19, 2020, 07:06:47 AM
 #21

Ethereum will not going to die, it is already been trusted in crypto field so there are so many people that still used and hold ethereum that is why it will always rise after a huge falling of the price.

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November 19, 2020, 07:28:33 AM
 #22

More interesting progress and developments will going to happen in Ethereum for upcoming months and years. It won't die. Eventually, there are already previous speculations that eth wouldn't lasts long but here it is, still standing next to bitcoin. In line with this, other coins attempted to replace ethereum but failed because the trust and reputation of investors goes to this coin.
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November 19, 2020, 07:32:19 AM
 #23

I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

You made mention of EOS, how many years since it's inception and it hasn't succeeded in beating Ethereum, even Binance chain is yet to, so I do not think there is any out there which can succeed. Yes, in the last months the fee was very high and discouraging even network congestion was not helping matters but that didn't stopped people from using it for whatever endeavour they want, that also didn't stopped upcoming projects from leveraging the blockchain to build their projects, so what does this mean? It means that, till date, Ethereum blockchain offers the best of services, and this is the reason why many blockchains has tried to beat it, but couldn't. Lastly, with the forthcoming Ethereum blockchain upgrade, I believe a lot of new changes will be witnessed which will help make the blockchain more better and stronger. Therefore, to answer your question, Ethereum is not going to die but will continue growing as it has been doing.

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November 19, 2020, 07:34:00 AM
 #24

Ethereum survives in 2017 when price was over 1500$ per ETH, the transaction fee was way too high but still many are using ethereum at the time, if the same thing happens again Ethereum isnt going to die because of it, at least its not the first time, i believe many coins will have high transaction fee if they surge higher in value.
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November 19, 2020, 07:44:34 AM
 #25

The rise in the transaction fee is much discussed as a big issue with the growth of ethereum. Same as this Bitcoin has been said to be dead for several reasons. Particularly the network congestion and the confirmation delay is always stated as a prime reason. Ethereum going towards death is not gonna happen. The update of ethereum 2.0 will make a big change in the entire network and market of ethereum.
True, bitcoin already said to be dead for god know how many times and here we are although there's no real solution to btc fee other than lightning network or maybe i'm missing something but btc turns out to be functional right now. ethereum 2.0 update will certainly be the most important turn point for eth to reach an even higher adoption and increase in value hopefully.

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November 19, 2020, 08:11:39 AM
 #26

I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

Only recently I converted to ETH but not as a supporter or believer or whatever,,, but as a recognizer that they are finally doing something right and I do think they are undervalued in price because the demand and utility is surely there.

ETH 2.0 Vitalik just said this week is coming sooner than expected (but he could be wrong) and that should solve the fee issues that causes price to be low.

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November 19, 2020, 08:19:56 AM
 #27

With a large market cap value and also being very actively traded on various exchangers, I think ethereum will still remain in the cryptocurrency market for a long time. Maybe this time a lot of new coins are emerging but I think ethereum will still be the king of altcoins for a long time

I have similar thoughts about ETH, there are so many investors in the coin. The market is fairly big compared to other coins, so in my opinion there is no chance that ETH is just going to die. With the bitcoin price so high at the moment, there will probably investors looking for other coins again. I would not sell my ETH at the moment.
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November 19, 2020, 08:35:57 AM
 #28

We can not say that Ethereum is going to die knowing the fact is on #2 position as a trading volume and as cap. About the fees you should not worry . Ethereum is cheaper than Bitcoin when it comes to transactions fees and speed. I know there may be also other coins who are fast than these 2 but they are safest as a investments

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November 19, 2020, 08:37:53 AM
 #29

Of course NOT!

EHT is growing and growing, with lot of projects and coins that are supported by ETH blockchain
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November 19, 2020, 08:59:38 AM
 #30

Ethereum will not die, and on the contrary, it will get bigger after the upgrade.
Ethereum is the king of altcoins and so far no other altcoin can match up. Including some that you mentioned, they are a long way from what ethereum has got.



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November 19, 2020, 09:02:18 AM
 #31

Ethereum is the most popular altcoin but of course it is not encouraging that you have to pay huge sums for the transfers of cryptocurrencies that are created on the Ethereum blockchain, but I will hope that Ethereum developers will do something about it or I will have to deal less with Ethereum because if you do a lot of cryptocurrency transactions on the Ethereum blockchain, then you will lose a lot of money due to high transaction fees.
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November 19, 2020, 09:09:45 AM
 #32

As far as I know the fee of ethereum has soared exponentially just because of defi craze I still remember to one of my friend who paid over $150 in fee of ethereum in order to claim very normal nft but I think transaction fee will reduce once defi and nft craze will be gone
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November 19, 2020, 09:25:00 AM
 #33

I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

I think you forget that the new ETH 2.0 is coming

The current ETH (POW) is already reaching its limit.

So the new ETH 2.0 (POS) with improvements is being prepared!

Wait for it ...
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November 19, 2020, 09:28:39 AM
 #34

Why are you thinking this foolish thought? As you know that Ethereum is currently known as the top2 digital currency in the world. Here, there are many cryptos have been taken birth on the ETH blockchain. If, Ethereum dies then all the crypto market will vanish within a minute and it will never happen now or ever. Hold your ETH and soon the price will hit $800.

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November 19, 2020, 10:00:21 AM
 #35

It won't be easy for ETH to become unpopular because the user base is huge for this coin or may I say ERC projects. As stated above in couple of posts they are heavily invested due to easiness of making new projects based on erc20 contracts and new additions to the same.

The swapping has actually made it more useful now a days. Since swap is very much required technique in the current crypto space it has made ETH as choice of pair.

Now considering this ETH won't die real soon.
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November 19, 2020, 10:34:43 AM
 #36

We can not say that Ethereum is going to die knowing the fact is on #2 position as a trading volume and as cap. About the fees you should not worry . Ethereum is cheaper than Bitcoin when it comes to transactions fees and speed. I know there may be also other coins who are fast than these 2 but they are safest as a investments

Well said. The core purpose of any business is making profit including investment/trading in crypto currencies and Cost of doing Business is very important component when it comes to profitability. The cost of Gas and transaction has gone exponentially high in case of Ethereum. Nokia was the most popular Brand 10 years ago in Cell phone industry  and today  nobody remembers it because Apple and Samsung came up with better features at reasonable price. The Clients of Ethereum  will certainly move to other networks who are offering better features with  reasonable cost.









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November 19, 2020, 10:44:39 AM
 #37

Admittedly, the fees of ETH are too high and it is a huge limitation on ETH, but it is only because of that that it comes to the conclusion that the dying ETH is not fair.
ETH is still the largest altcoin in the market and has a lot of fans, so it can't die.


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xZork
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November 19, 2020, 11:34:30 AM
 #38

The death of ETH is very unlikely, ETH is the major coin and it is the foundation of many major coins in the crypto market. If ETH dies there is no doubt that the crypto market will be in serious trouble, so the sharks will not be able to let ETH die.


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Entei
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November 19, 2020, 11:45:07 AM
 #39

What? How can the world's second largest crypto market die? The market is around $53 billion and how would longtime investor holders want to see this happen? Before raising this situation we must analyze the project and its past and when it comes to Ethereum we see that it left a great legacy and value in the market. So without mentioning the technical aspects that really add value to Ethereum.
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November 19, 2020, 12:49:07 PM
 #40

Ethereum has been in the crypto currency world for a long time, are you sure Ethereum will die?
Haha this is really ridiculous, Ethereum has a good future vision and mission, many new projects also use the Ethereum platform,
this shows that the fundamentals of Ethereum is so good, why worry about Ethereum die ?

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