Is Ethereum going to Die?

[triat]

Ethereum is getting more strong day by day. The only sad thing is it's fee in the current times. It can be considered top 3 coins in the market with demands, high value. Moverove, maximum altcoins are created on Ethereum network. So, no doubt about it's trust. After all, I don't see any issues about it without fees.

I think if the price of eth gas were much lower than it is now, the price for 1 Eth would increase x5 from the current price. We will be able to verify this only after the next update on the eth network.

[1715184179]

1715184179

[1715184179]

1715184179

[1715184179]

1715184179

[1715184179]

1715184179

[1715184179]

1715184179

[1715184179]

1715184179

[Swopon]

Ethereum is getting more strong day by day. The only sad thing is it's fee in the current times. It can be considered top 3 coins in the market with demands, high value. Moverove, maximum altcoins are created on Ethereum network. So, no doubt about it's trust. After all, I don't see any issues about it without fees.

I think if the price of eth gas were much lower than it is now, the price for 1 Eth would increase x5 from the current price. We will be able to verify this only after the next update on the eth network.

I don't know why they are not working to decrease the network fees. But it is indeed in this time to create one step more trustworthy and reliable for all the users with a general fees. May be they are working or not but still it has the good global positioning.

[Dexion]

.

I don't know why they are not working to decrease the network fees. But it is indeed in this time to create one step more trustworthy and reliable for all the users with a general fees. May be they are working or not but still it has the good global positioning.

We can only hope that this cost problem will be resolved soon, if it is not resolved immediately ETH will only be in a silent state and even drop gradually, but to die it is still very far away, even though currently altcoins are in good performance, because ETH has widely recognized and credibility is already recognized as one of the biggest names in crypto.

[rainingbitcoins]

That's right, there are still many opportunities to invest in ethereum supported by new things that ethereum will implement, of course, it will increasingly raise people's awareness of how much profit we can get tomorrow. the point is to keep an eye on the movement of ethereum and determine the investment so you don't regret it in the future

For the development of platforms and technology, I don't think we need to doubt ethereum. But deciding to invest in Ethereum today, of course, makes some people will consider the options if they see what has happened to the Ethereum market.
ETH is pumping strongly this year, and the current price is still fairly stable and strong just like BTC. I think the momentum will shift to other altcoins which some of us are already starting to see pump up.
to date, ethereum is still very strong at the top of altcoins.

yes, investing in eth now is not recommended because it has just reached (ATH) an all time high. it is very risky for now, but there are still many alt coins that have potential and are highly recommended for investment.

[francois-cooper]

If you look at the chart, ETH is very bullish versus BTC.

[Dexion]

I can't see any possibility that ethereum gonna die any soon or any day. At this point ethereum is one of the biggest platform based token in the world. It has a huge community and  great 3rd party dev support. And day by day it's just growing more. At this point ethereum have some problems bloke high fees tx Speed butbafter eth2.0 ethereum will fix those. I I think at that point ethereum will grow more.

to overthrow eth which has become a big name is unlikely, eth2.0 does promise to fix complaints of high costs, but the signs of being launched are still a big question mark, and this is eagerly awaited by investors as proof of how big and professional the team is. eth developer

[blackened515]

I can't see any possibility that ethereum gonna die any soon or any day. At this point ethereum is one of the biggest platform based token in the world. It has a huge community and  great 3rd party dev support. And day by day it's just growing more. At this point ethereum have some problems bloke high fees tx Speed butbafter eth2.0 ethereum will fix those. I I think at that point ethereum will grow more.

Over some uncountable months going to years, the creation of eth2.0 is still in progress, look, the usage of ethereum is fading away with time, people are leaving ethereum for Binance smart chain especially new defi projects, NFT. Let's be realistic, if ethereum take a lot of time to complete the technical development of eth2.0 where they have promised to reduce the transaction fee, then eth will be dead for until they are ready.

[SaiyanSS3]

This topic has become so heated. It’s undoubtable, devs are fleeing ethereum, ICO are fleeing ethereum, even the airdrop are not appealing in ethereum no more, everybody are fed up with paying unreasonable gas fee for transaction, everybody who interact with ethereum would eventually goes broke, it isn’t even possible to think of a possible solution to fix the fee structure.

[max6575]

with more on works from developer, with the future terms of entrance there should be more offers from developer with product and service on extent with the chance as investors and trader to work on plan with the trading to hold token as the decision on entering jobs on crypto finance.

[SaiyanSS3]

With current development, it might be inevitable ethereum would loss more market share to its cheaper competitors, it’s crazy do you not realising everybody would flee? Will ethereum loss like big cpu chip maker loss it’s market share to famous gpu chip maker??? It’s interesting development, ethereum might be destined to die?

[kevindjunaidi]

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 Ethereum will not die until whenever, because Ethereum will remain a popular blockchain and platform for smart contract, so until whenever Ethereum will be the best investment for the long-term and that is evident from the ranking of Ethereum which remains in 2nd position on coinmarketcap, so that proves if people still believe to investing in Ethereum and I believe Ethereum will find a solution to make gas fees become low (maybe when ETH 2.0 is released then gas fees from Ethereum will be low), therefore I am sure if the gas fees from Ethereum has become low, so of course the price of Ethereum will increase higher than the current price and I think now is the right time for you to invest in Ethereum, because you can still get profit from investing in Ethereum.

[capcaypro]

yes indeed everyone, including myself, complained about the very expensive fees in ethereum. But when I saw the ETH 2.0 project I felt they could solve the fee problem that was holding down ethereum.

but by looking at polka dots now I suspect that in the future polka dots can be strong rivals for ethereum because if you look at ETH 2.0 it will indeed make the ETH network scalable and more stable but it will still be less competitive with Polkadot because for now I can say the
features polkadot is slightly better than ETH.

Whatever happens in the future, I hope that ethereum can minimize the fee, because there are so many who still expect ethereum.

[dhemasm]

With current development, it might be inevitable ethereum would loss more market share to its cheaper competitors, it’s crazy do you not realising everybody would flee? Will ethereum loss like big cpu chip maker loss it’s market share to famous gpu chip maker??? It’s interesting development, ethereum might be destined to die?

It's not going to die but will dying slowly if current ridiculous fee Continue but there are already some Proposal to prevent this, First EIP-1559 which will make the gas much cheaper but there also another where the miners affected with negative impact on this when the Block rewards much lower but they will get another incentive from MEV (Arbitrage) https://www.coindesk.com/ethermine-adds-front-running-software-to-help-miners-offset-eip-1559-revenue-losses

Beside that Eth 2.0 Will be implemented sooner and this going to be an game changer on the market for sure, Let's wait for now.

[daenarys_stormborn]

In my opinion, ethereum is unlikely to die, even though we know that ethereum has begun to be shifted by its rival, BNB, but it cannot be denied that ethereum still has a lot of enthusiasts and most of its projects use ethereum.

[ivankoh]

With current development, it might be inevitable ethereum would loss more market share to its cheaper competitors, it’s crazy do you not realising everybody would flee? Will ethereum loss like big cpu chip maker loss it’s market share to famous gpu chip maker??? It’s interesting development, ethereum might be destined to die?

This scenario couldn't be worse.  Although ETH's large user base is almost "fleeing" from them to move to BSC, but ETH will still have a suitable foothold, because the interaction between ETH and the defi platforms is huge.  However, if they do not quickly complete the final stage of the ETH 2.0 upgrade, the value of BSC could surpass ETH's ATH at any time.  Is it time to take ETH's place?

[SaiyanSS3]

>>https://bitcointalk.org/index.php?topic=5291085.msg56766299#msg56766299
>but will dying slowly if current ridiculous fee
they would loss market share, bleeding share, very soon the big cpu chip maker would find its own demise, but when?

>>https://bitcointalk.org/index.php?topic=5291085.msg56766350#msg56766350
>This scenario couldn't be worse.
look at the number of coins that does smart contract, their total market shares might be larger than ethereum, it’s unprecedented!

[Evgenklm]

he's dying...this is too loud to say, but if they hold out with their update for another couple of years, then the nearest competitor BNB will take its place, and it will be hard to enter the stream in such a race for a place in the sun

[rainingbitcoins]

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 Ethereum will not die until whenever, because Ethereum will remain a popular blockchain and platform for smart contract, so until whenever Ethereum will be the best investment for the long-term and that is evident from the ranking of Ethereum which remains in 2nd position on coinmarketcap, so that proves if people still believe to investing in Ethereum and I believe Ethereum will find a solution to make gas fees become low (maybe when ETH 2.0 is released then gas fees from Ethereum will be low), therefore I am sure if the gas fees from Ethereum has become low, so of course the price of Ethereum will increase higher than the current price and I think now is the right time for you to invest in Ethereum, because you can still get profit from investing in Ethereum.

for now and for the next few years ethereum will still be around. but I don't agree that Ethereum will be around anytime. It depends on ethereum, will she survive? will he be replaced with a more sophisticated system or technology in the future? Let's wait and see

[plexasm]

yes indeed everyone, including myself, complained about the very expensive fees in ethereum. But when I saw the ETH 2.0 project I felt they could solve the fee problem that was holding down ethereum.

but by looking at polka dots now I suspect that in the future polka dots can be strong rivals for ethereum because if you look at ETH 2.0 it will indeed make the ETH network scalable and more stable but it will still be less competitive with Polkadot because for now I can say the
features polkadot is slightly better than ETH.

Whatever happens in the future, I hope that ethereum can minimize the fee, because there are so many who still expect ethereum.

Polkadot won't do much to displace ETH because it requires an entire re-education of deploying and using smart contracts. You need to rebuild the network effects from step 1. That's like trying to climb a mountain, but putting a bag of rocks on your back first. It doesn't benefit from the encyclopedia of documentation and open source software designed for ETH.

Learn from CZ: To kill ETH, you copy/paste it, and make it cheaper and faster. BSC has blown past all ETH competitors very quickly, if you haven't noticed.

[Simian Finance]

I think BNB is a temporary solution for the high fees, it doesn't compete with ETH on decentralization, when ETH solves gas fees BNB will lose much of its purpose.

I do see an interlinked multi-chain future with ETH being the central store of value, and with BTC fulfilling the role of gold.

So the most likely scenario is that ETH isn't going to die in the foreseeable future.