rahmatullah9305
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November 19, 2020, 06:39:06 PM |
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If etheruem is having huge fees lately that I have not noticed that but high fees won't kill etheruem because bitcoin also has huge fees from time and even at the moment now it is bulling, etheruem won't die because is a strong project.
That's right, a project that is really strong in foundation and enthusiasts will not easily die by small things that sometimes make the user bored because of it, so it will be impossible to die even though it's possible that it still can.
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skarais
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November 19, 2020, 06:51:44 PM |
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All cryptocurrencies including Ethereum still have the potential to experience technical failures which will result in them being abandoned. But until recently I didn't think that Ethereum would experience it just because of the increased fee. Use other altcoin if you want to get a lower fee and let the developer do their job well. If you believe in the future potential of Ethereum then you don't need to care how much the transaction fee because in reality you are a long-term holder, aren't you ?
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Genemind
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November 19, 2020, 07:03:04 PM |
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Ethereum has built a strong foundation through the years and it has gained the trust of most investors so I don't think it would die just because of its high fees. It has passed through the tests of time and its improvements and developments are too visible. Ethereum still has a huge potential to boom in the coming days.
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Sayeds56 (OP)
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November 19, 2020, 07:09:40 PM |
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If etheruem is having huge fees lately that I have not noticed that but high fees won't kill etheruem because bitcoin also has huge fees from time and even at the moment now it is bulling, etheruem won't die because is a strong project.
That's right, a project that is really strong in foundation and enthusiasts will not easily die by small things that sometimes make the user bored because of it, so it will be impossible to die even though it's possible that it still can. You are very right that it is very strong project and will not die easily but it is facing tough issue of scalability and lower network speed since past many months. That will certainly impact its popularity if the team fails to resolve them within a reasonable time frame.
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republicrypto
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Keep it Simple guys :)
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November 19, 2020, 07:35:38 PM |
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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.
maybe a lot of project thats can be a huge competitors of ethereum mate but in my opinion no one from them will replacing ethereum as the best altcoins and i believe ethereum will not going to die, trust me regards
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copoyes
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November 19, 2020, 07:38:47 PM |
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There are many reasons why erc20 technology from eth is used more than others such as bnb, the factors may be more familiar and simple enough for developers to understand so if they are still dominant and trusted, it is likely that ethereum will not die while their technology is still dominant
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bocyaj
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November 19, 2020, 07:40:08 PM Last edit: December 18, 2020, 01:19:13 AM by bocyaj |
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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.
Ethereum is the promising project as like a bitcoin. It had a huge traders over it and most of altcoin transaction need of Ethereum for the transaction. So ethereum demand will be sustain in the market.It won't be replaced by any other altcoin.Only the ETH versin 2 may take the place of the Ethereum.
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Fredomago
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November 19, 2020, 07:44:52 PM |
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Ethereum has built a strong foundation through the years and it has gained the trust of most investors so I don't think it would die just because of its high fees. It has passed through the tests of time and its improvements and developments are too visible. Ethereum still has a huge potential to boom in the coming days.
Not just by the investors but also those developers who continued to use this chain to build thier projects, it's a never stopped to improved and developed bringing more trust from more investors and traders, far from this idea of dying, this system will continue and will allow more developers and investors to enjoy the benefits of this well developed system.
There are many reasons why erc20 technology from eth is used more than others such as bnb, the factors may be more familiar and simple enough for developers to understand so if they are still dominant and trusted, it is likely that ethereum will not die while their technology is still dominant
It's way far from other chain that being developed and with well developed approach it's more trusted by those developers. They simply find this technology fits to their work and they'll stuck using it for the best outcomes of their works.
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cryptonx
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Futurov
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November 19, 2020, 07:45:51 PM |
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ethereum going to be stronger and the price will fly high in the near time mate i don't understand why you said if ethereum will going to die ? because i can't find any reason for that buddy its better to think how to increase our ethereum amount before the price soar
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jacafbiz
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November 19, 2020, 08:02:34 PM |
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Ethereum is not going to die now unless they mess up the Ethereum 2.0 launch, there is increasing demand from Ethereum to scale and I believe time will come that there would be an exodus of developers away from Ethereum to other promising chain if they failed to come up a good scaling solution
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gatti
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November 19, 2020, 08:08:55 PM |
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Ethereum is not going to die now unless they mess up the Ethereum 2.0 launch, there is increasing demand from Ethereum to scale and I believe time will come that there would be an exodus of developers away from Ethereum to other promising chain if they failed to come up a good scaling solution
Ethereum will be replaced by ethereum itself.As like you said,Ethereum 2.0 will replaced the ethereum.And ethereum is the source for the Ethereum 2.0 and developer may replaced the Ethereum 2.0 in the place of Ethereum.And we need to wait and see it.
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Thesaintplague
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November 19, 2020, 08:13:52 PM |
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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 am not sure that it is possible. The coinmarketcap list contains a lot of blockchains that are built on very cool technologies, but for some reason Ethereum is still in first place. Two words - trust and decentralization.
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krisnajsadrak
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November 19, 2020, 09:12:56 PM |
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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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die
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Quintrix
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November 19, 2020, 09:45:18 PM |
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It is the second most dominant coin in the market with a dominance of ETH 10.5% those who people thinks that will replace do not have this kind of dominance, I don't see the volume and the price going down, every coin/token have issues on scalability, but the team is fixing this and their new version will likely fix this.
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Kang TB
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November 19, 2020, 09:56:59 PM |
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It is the second most dominant coin in the market with a dominance of ETH 10.5% those who people thinks that will replace do not have this kind of dominance, I don't see the volume and the price going down, every coin/token have issues on scalability, but the team is fixing this and their new version will likely fix this.
yeah, maybe the OP late to buy ethereum, and now he think if the price already too high so, he write this thread for the OP this is not too late to buy ethereum, because ethereum price will create new ATH in the future
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Innocant
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November 19, 2020, 10:00:42 PM |
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We always said etherium going die in a months or a year but until now etherium are still kicking and rise the price that we dont expected. But about the transaction fees Ill think we cannot do that if the etherium has a high fee and even do bitcoin they have a same situation they increase the transction fee and maybe because of these happening right now that bitcoin are in high price so that's they increase the transaction also.
So many altcoins right now are trying to replace etherium to be a number two spot so thats why they are also trying find ways and make some move to surpass on it.
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Fakhrulenclix
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November 19, 2020, 10:21:22 PM |
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When I saw the title of the thread, I knew this thread is from a newbie. A high gas fee doesn't mean people will leave it and make the project die, Yes there are a lot of coins provide a cheap transaction fee, but it's cant to beat the popularity of Ethereum. I'm sure that Ethereum teams will come up with a solution for such a transaction fees
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Sayeds56 (OP)
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November 20, 2020, 12:31:20 AM |
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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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die Well said. The difficulties Ethereum network is facing since many month will not die down so soon and projects will migrate to other networks like Polka Dot. It is a young project that officially migrated to Main net in July. Since then it has attracted numerous investors and has reached Rank # 8. The Business news magazine Bloomberg has chosen Polka dot as new competitor of Ethereum. Its current price is only 10% of Ethereum but potentially it can grow many folds. Currently, 253 projects are based on Polka dot such as stable coins to social networks. According to the Polka Project tracker, this number was less than 200 at the beginning of September, so a sharp increase has been seen in just a few weeks. According to some industry experts, developers activity can be considered a powerful metric that reflects the true value of a project.
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kidbounty
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November 20, 2020, 12:58:41 AM |
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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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die Well said. The difficulties Ethereum network is facing since many month will not die down so soon and projects will migrate to other networks like Polka Dot. It is a young project that officially migrated to Main net in July. Since then it has attracted numerous investors and has reached Rank # 8. The Business news magazine Bloomberg has chosen Polka dot as new competitor of Ethereum. Its current price is only 10% of Ethereum but potentially it can grow many folds. Currently, 253 projects are based on Polka dot such as stable coins to social networks. According to the Polka Project tracker, this number was less than 200 at the beginning of September, so a sharp increase has been seen in just a few weeks. According to some industry experts, developers activity can be considered a powerful metric that reflects the true value of a project. yes you're right, Polkadot is the main contender. but even so ethereum doesn't die. Right now Ethereum is too strong to lose. just look at they still rank 2nd in market cap. but that doesn't mean Polkadot doesn't have a chance in this competition. as you said in just a few weeks since they launched their mainnet they were flying high and gaining a lot of new users. this is a serious threat to ethereum in the future.
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Sayeds56 (OP)
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November 20, 2020, 01:21:53 AM |
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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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die Well said. The difficulties Ethereum network is facing since many month will not die down so soon and projects will migrate to other networks like Polka Dot. It is a young project that officially migrated to Main net in July. Since then it has attracted numerous investors and has reached Rank # 8. The Business news magazine Bloomberg has chosen Polka dot as new competitor of Ethereum. Its current price is only 10% of Ethereum but potentially it can grow many folds. Currently, 253 projects are based on Polka dot such as stable coins to social networks. According to the Polka Project tracker, this number was less than 200 at the beginning of September, so a sharp increase has been seen in just a few weeks. According to some industry experts, developers activity can be considered a powerful metric that reflects the true value of a project. yes you're right, Polkadot is the main contender. but even so ethereum doesn't die. Right now Ethereum is too strong to lose. just look at they still rank 2nd in market cap. but that doesn't mean Polkadot doesn't have a chance in this competition. as you said in just a few weeks since they launched their mainnet they were flying high and gaining a lot of new users. this is a serious threat to ethereum in the future. I totally subscribe to your views and strongly believe that in a competitive environment only the fittest survives. The projects with strong Marketing and Technical teams and Visionary management, will certainly perform better, either it is Ethereum or Polka dot. Crypto currencies Market is full of surprises, we cant not correctly predict what tomorrow brings for us, only the time answers our all questions.
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