Is Ethereum going to Die?

[residivis]

oh no way, because etherium is the second trusted altcoin after bitcoin. Besides that, currently there is an update in etherium, namely ETH 2.0, in this way it is confirmed that etherium also has plans for the future. well we'll see what will happen for the next time.

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[ningrum]

oh no way, because etherium is the second trusted altcoin after bitcoin. Besides that, currently there is an update in etherium, namely ETH 2.0, in this way it is confirmed that etherium also has plans for the future. well we'll see what will happen for the next time.

Ethereum is certainly not going to die just like that this is a trusted coin as you say and there is no doubt about it,
and I am sure that in the future ethereum will experience extraordinary developments

[TimeTeller]

oh no way, because etherium is the second trusted altcoin after bitcoin. Besides that, currently there is an update in etherium, namely ETH 2.0, in this way it is confirmed that etherium also has plans for the future. well we'll see what will happen for the next time.

Ethereum is certainly not going to die just like that this is a trusted coin as you say and there is no doubt about it,
and I am sure that in the future ethereum will experience extraordinary developments

As we are seeing here, few months from when the OP created this thread, ETH market is actually doing good.
Gaining about 250% from the time he posted this. So is he going to ask the same question again?
Think about it. Not even fully launching the phase 1 of their eth 2.0 and they are already enjoying this price.
What more when crypto users are now finally seeing the benefits of this eth 2.0?
If eth is going to die, I think a lot of crap alts should die first.

[dogtana]

I think Cardano will overtake a large part of its usabilty.

[TofuDefi]

I don't see any reason why ETH should die. It's basically too big to fail at this point. Even when there are coins that do everything better than ETH, Ethereum will still stick around.

Purely because it's widely accepted and well known.

Logically, if Ethereum dies, all tokens that are already dependent on the smart contract network will certainly experience the same thing. Of course it will never happen because of so much support from the community to the investors who are behind it all. And now that ethereum has made it to the price of $1200, who can stop ethereum? it's absolutely impossible.

Tokens can migrate to other chains. It's not easy, but can be done in most cases.

[Beserabya]

I expect a big leap in cryptocurrencies due to the turmoil in America.
but these jumps will occur not suddenly, but at regular intervals. Ethereum will be most positively affected by this

[Becky666]

I expect a big leap in cryptocurrencies due to the turmoil in America.
but these jumps will occur not suddenly, but at regular intervals. Ethereum will be most positively affected by this

Could that be one factor that tokens will continue to grow until the end of 2021? indeed, many new things are happening at this time. Good wishes are awaited by many people at this time.

Although, many insinuated the death of Ethereum before now, most especially in 2018 but i have always said that, there are more potentials in this project compare to it competitors in the world of cryptocurrency. Without any doubt, there are good projects out there but can't be compare to Ethereum struggle to take the lead.

[cryptolord2077]

It's funny to read this old thread, such an innocent question. However, you can think about the following.
The higher the price of Ether grows, the more expensive transactions become, which means that the whole DeFi sector tied to Ethereum suffers.
What does it mean? Hello polkadot? I wonder what will happen when Ethereum finally hits $ 1,500.

[iTradeChips]

I really find it amusing that there are doomsayers telling us that this coin or that coin is not going to make it in the next months or years and will die a sudden death. First of all the coin has very impressive track record when it comes to people investing or trading with the said coin, projects that are financed because of the blockchain, and companies that are trusting the said cryptocurrency. I don't think it will die, it will just simply move on and become something else but still use the name Ethereum and it will be much more stronger cryptocurrency.

[montaga]

Currently on the road to nowhere, price alone is not enough

[Twinkledoe]

Still can't compare the many projects out there to Ethereum. made no sense to me until now. You can see how high the ethereum chart continues to grow for the day.

Yes, comparing a new project with Ethereum which is already very strong in foundation and community is very absurd, especially since most new projects also use the Ethereum platform to build their tokens, so it is definitely not a balance to compare.

You are absolutely right that most of New Projects use Ethereum Network in particular DEFIs but not all, Binance, Polkadot, Tron ,EOS and many others  have their own Network for creating smart contracts. No doubt Ethereum community is very strong but the issues of  Ethereum Network are not being resolved despite launching of Ethereum 0.2 which is very disappointing for its community.

Don't get too excited. Phase 1 of ETH 2.0 is not yet fully launched. The reason why you are not seeing the effect yet. I believe, once eth 2.0 is fully deployed, there will be improvements for sure. I don't doubt the capability of eth team. They know this problem, so I don't think they are just sitting and sleeping on it. So it is too early to tell about the capability of eth 2.0.

[Banulit]

I think that ethereum will never gonna die knowing that many big corporations, instutition and companies are not getting interest in investing in crypto most especially with bitcoin and ethereum. Regarding the gas fee of ethereum I think that ETH 2.0 already did some adjustments just to fixed this problem that the ethereum blockchain is having.

[JeffBrad12]

Currently on the road to nowhere, price alone is not enough

The fact that if ethereum was offering the usability for its smartcontract to be used for the various purposes. I guess you are aware of the smartcontract being used to create various defi platforms with so many usabilities.
People are using ethereum for various purpose. It doesn't mean ethereum is only pegged with its price to gain the trust of the users.
People know that what ethereum is.

[cheezcarls]

Ethereum isn’t going anywhere. Right now, we are seeing Ethereum on its way to surpass its previous all-time high of $1,384. The only setback of Ethereum right now is the uncontrollable high gas fees, and one of the reasons would be the rise of DeFi projects. For me, Ethereum is not going to die. ETH’s true potential has just begun with the launch of Ethereum 2.0.   

[Vishnu.Reang]

I think that ethereum will never gonna die knowing that many big corporations, instutition and companies are not getting interest in investing in crypto most especially with bitcoin and ethereum. Regarding the gas fee of ethereum I think that ETH 2.0 already did some adjustments just to fixed this problem that the ethereum blockchain is having.

Unfortunately, it looks as if the adjustments were not good enough. The gas fees is still quite high. A few days back, it was going at 250+ Wei, and now it has come down to 100 Wei or so. Anyway, the users are still afraid that they will again witness sky high fee, such as the one we had in June-July, when the gas fee reached 700 Wei. It is like a double whammy. Both the gas fee and the exchange rate for ETH has risen. So the user ends up paying a much higher amount when translated to fiat currency.

[McDee]

I do not think that Ether will die and competitors will take its place, since it is already an established altcoin and thousands of projects are already running on its blockchain, possibly after the full launch of ETX 2.0. the situation will improve for the better and commissions will be cheaper

[fahmimajannat]

It is not possible as long as all new project depending on eth for gas fee.
As long as eth is using as gas fee its deman will be on high all the time.
Because people need it doesn’t matter whether they are trader or hunters. Everyone needs it. Even the new coins need eth to get transferred into investor or hunters wallet.
So its quite impossible for now.

[Hobo66]

I think that ethereum will never gonna die knowing that many big corporations, instutition and companies are not getting interest in investing in crypto most especially with bitcoin and ethereum. Regarding the gas fee of ethereum I think that ETH 2.0 already did some adjustments just to fixed this problem that the ethereum blockchain is having.

if the gas problem solved. then Ethereum will be impossible to beat by any other project. the Ethereum blockchain itself is a masterpiece, that high gas fee is one thing which making people concerned about that.

Still can't compare the many projects out there to Ethereum. made no sense to me until now. You can see how high the ethereum chart continues to grow for the day.

Yes, comparing a new project with Ethereum which is already very strong in foundation and community is very absurd, especially since most new projects also use the Ethereum platform to build their tokens, so it is definitely not a balance to compare.

It's very clear that a new project still depends on Ethereum to make transactions on their project. It's ridiculous to beat Ethereum.

Not every new project depends on ethereum. only those projects which are built on ethereum blockchain are somehow depends on ethereum. and now they are all finding alternative solutions for their products because it's hard for communities to pay such high transaction fee.

[DU18]

I do not think that Ether will die and competitors will take its place, since it is already an established altcoin and thousands of projects are already running on its blockchain, possibly after the full launch of ETX 2.0. the situation will improve for the better and commissions will be cheaper

although the launch of ethereum 2.0 has not yet been carried out but now we can see that the price of eth and some altcoins has increased quite high but unfortunately now the gas costs to make transactions are quite expensive and we even have to rethink in selling tokens because the costs can even reach $ 15 to $ 30 right now, and hopefully with the launch of ethereum 2.0 it will solve the problems that have been happening in Ethereum, namely scaling and gas fees, of course ethereum 2.0 will have a much larger capacity to accommodate the number of transactions that occur later.

[bryant.coleman]

Well said. The only people who are happy with higher Gas fees are miners, rest of all are suffering  but this is not good in the long Run for Ethereum Network and if the situation continues likes this Ethereum Network will become a liability. Hopefully,  Once Ethereum 2.0 is fully launched, the situation may improve but that remains to be seen.

Miners represent 1% or less of all the users. But if the fee is high, then the other users are going to shift towards coins with lower fee, such as Litecoin and Bitcoin Cash. Also, online retailers who were thinking about integrating Ethereum to their platform would decide to hold their decision. And I am not sure how much ETH 2.0 is going to help. The first phase is already implemented, and I could not notice much of a change.