Is Ethereum going to Die?

[Muslimin mj]

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 will never die forever because Ethereum is the best Platform of all time. we can see from the various developments made by Vitalik Buterin and the team. so don't be narrow-minded about the developments that are being made. don't just because of high transaction fees some time ago you say ethereum will die. this is a totally wrong opinion.

[Insomnia family]

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 will never die forever because Ethereum is the best Platform of all time. we can see from the various developments made by Vitalik Buterin and the team. so don't be narrow-minded about the developments that are being made. don't just because of high transaction fees some time ago you say ethereum will die. this is a totally wrong opinion.

I agree with your opinion on ethereum's future potential but not with your assumptions regarding ethereum's cost comparison. because not all traders like transaction fees on the ethereum network (probably). and i have a good feeling if eth price can reach $3k this month. hopefully

[Sweetbtc]

Gas fees goes up when there high network activities. E.g. people transferring ETH around the network to either buy or sell ETH or simply moving ETH from one wallet to another.
 I hold some Eth but I still favour Solana as it’s transaction fees are next to nothing and it’s faster. Time will tell whether it can catch Ether up.

[Balmain]

Gas fees goes up when there high network activities. E.g. people transferring ETH around the network to either buy or sell ETH or simply moving ETH from one wallet to another.
 I hold some Eth but I still favour Solana as it’s transaction fees are next to nothing and it’s faster. Time will tell whether it can catch Ether up.

I also use the Solona network, it's really cheap and useful. In the past, ethereum was the only one in smart contracts, now it has competitors. Having competitors and increasing competition seems very positive for the crypto market. The bsc network and the solona network have developed well this year.

[seramania]

I don't understand the thought of that person who says that ethereum will die. if ethereum will die until now maybe ethereum is not in this position and ethereum will not fill the top 5 positions of coinmarketcap. it won't die easy for ethereum because ethereum is a big coin and it takes a lot of people

[MSN02]

Ethereum in my opinion will never die. It will continue to get better and other projects will work along side with it to make it stronger. Ethereum will always be there, it’s other projects jobs to coexist along side Ethereum to make crypto more usable. This is why I’m a big fan of NEAR, NEAR has the mentality that everyone wins including other projects. NEAR works along side other projects and makes them stronger, it’s the essence of coexisting! NEAR already has a seamless bridge that connects it to ETH and it’s working on building more. Everybody wins is NEARs mentality and with this mentality crypto will take over because it brings the technology to allow everyone to win.

[bitcoinst]

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

This is said every time Ether increases in value and transaction fees go along with it. A lot is tied to the Ether, it is obvious that many projects have to transfer BSC to us in view of the high commissions in the Ether network. However, this is a forced measure, and in my opinion, the developers of Ether will be able to bring in many positive functions with their updates that will change the rules of the game.

[Boomber]

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.

That's right, because Ethereum is one of the most popular altcoin and is in demand by investors to be used as long-term investment, then the price will definitely continue to make a new ATH price, so when the price of Ethereum going down, then it's our chance to buy Ethereum and hold, because the price will definitely increase again and give us a big profit, so now is the opportunity for us to invest in Ethereum, because the price of Ethereum is going down.

[carlisle1]

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.

That's right, because Ethereum is one of the most popular altcoin and is in demand by investors to be used as long-term investment, then the price will definitely continue to make a new ATH price, so when the price of Ethereum going down, then it's our chance to buy Ethereum and hold, because the price will definitely increase again and give us a big profit, so now is the opportunity for us to invest in Ethereum, because the price of Ethereum is going down.

Better to think that way, while the value is low is a good hint to buy and store your coins inside your safe wallet.

This project will not going to die as there are many investors who trust this chain and a lots of developers who continue using this system for their projects.

Keep your money to where your knowledge resides, it will be more safety for your investment when you
fully understand how the market works and how the project move and progress.

[roosbit]

If devs were not around and active like they are... Ethereum wouldn't have been this popular but since they are around and addressing all problems that arise like the high fees we experienced a few months ago that made Ethereum less popular and pushed its users to other blockchains. With its past problems I dont think they want that to happen ever again and they will do whatever they can to keep eth alive.

Fyi already Ethereum is undergoing the London hard fork which is suppose to keep fees low and in a consistent stream which just shows how far its expected to go, eth is here to stay.

[otundebis]

When it's come to money and finance,  consistency and reliability is the key to business growth and loyalty of all the stakeholders! Ethereum really started well when it's come to transanction fees. As the network grows,  users begin to experience pain difficult on using ethereum platform.  It particularly got bad last year when fee rose to more than $100 and became worse at the peak of bull market this year!  I hope London upgrade will fix things!

[kenelmark]

I don't understand the thought of that person who says that ethereum will die. if ethereum will die until now maybe ethereum is not in this position and ethereum will not fill the top 5 positions of coinmarketcap. it won't die easy for ethereum because ethereum is a big coin and it takes a lot of people

Don't pay attention to other people who think like that because maybe his mind is still very short so he needs special learning about this so that his mind can be broad by not saying strange things like in this topic.

[yohananaomi]

The fee of ETH network has been reduced a bit now but the current fee is also higher than other networks.  And that's why many projects and DEX are now using Binance Smart Chain instead of ETH network.

must continue to make improvements because of the high costs, in a current situation like this where everything is in trouble, of course it will have an impact if it is maintained. while other platforms strive to provide very low cost and remain fast. it will definitely be a concern for ethereum on this.

And that doesn't mean it's a bad thing for ETH because ETH charges very commensurate fees for transactions running on their own network, now imagine if you make a transaction on the Tron network with a transaction fee of 1 Tron unit, while the Tron price is $200 ( this as an example) or parable, would you say expensive?

nothing bad of course but we know the fees on ethereum are high right now and are being improved, so it's no wonder so many other platforms are popping up because all project makers are avoiding those high fees and we can't turn a blind eye. but I believe that ethereum will always be the best priority, especially if ethereum want to make changes like last time.

[Chathusand]

Because Ethereum is one of the most popular altcoins and is in high demand by investors as a long-term investment, the price will almost certainly continue to rise, so when the price of Ethereum falls, it's our chance to buy Ethereum and hold, because the price will almost certainly rise again, giving us a large profit, so now is the time for us to invest in Ethereum.

[Sweetbtc]

Etherium will never die. Etherium die mean all coin which are on Eth smart contract will died . London fork is just patt of Eth Upgrade and you can see how people showing interest. I want to buy more ETH, but I’m debating if I should wait for a pullback. If regulation talks increase or a regulation bill is close, I’m hoping for a good dip…

[cryptoknows]

Ethereum in my opinion will never die. It will continue to get better and other projects will work along side with it to make it stronger. Ethereum will always be there, it’s other projects jobs to coexist along side Ethereum to make crypto more usable. This is why I’m a big fan of NEAR, NEAR has the mentality that everyone wins including other projects. NEAR works along side other projects and makes them stronger, it’s the essence of coexisting! NEAR already has a seamless bridge that connects it to ETH and it’s working on building more. Everybody wins is NEARs mentality and with this mentality crypto will take over because it brings the technology to allow everyone to win.

Yes, friend. I also believe that the future of cryptocurrency directly depends on ETH and its related projects, such as this Near project. Indeed, thanks to these cross-chains, we are expected to develop cryptocurrency not only in this narrow area on the Internet, but will also reach a new level of being, this will help these technologies come closer to our daily life.

[marcous]

I am also a fan of ETH.  I think ETH is a pretty good coin for future investment.  It's just that the drawback is a large fee as you say.  I think ETH will be more advanced for the next few years.  And also a lot of coins that use the ETH network.

For the problem of transaction fees on the Ethereum network, I don't see it as a drawback because with the current price of ETH, I think the amount of transaction fees that must be incurred is still very commensurate and worth it even though some people say it's not affordable , even though in the past the expenditure of transaction fees was almost the same as now if we look at the form of ETH, only because the price of ETH in the past was still very cheap, so the costs we incur look very cheap, even though the amount of expenditure is also almost the same as now although in terms of dollars it has seen an increase due to the influence of the price of ETH itself.

[barabeku]

I don't understand the thought of that person who says that ethereum will die. if ethereum will die until now maybe ethereum is not in this position and ethereum will not fill the top 5 positions of coinmarketcap. it won't die easy for ethereum because ethereum is a big coin and it takes a lot of people

I also find opinions about the collapsing of Ethereum to be ridiculous. I think that if such a giant dies, other altcoins are not likely to survive then a fortiori. Especially ERC-20 tokens that are built upon Ethereum. The thing is that Ethereum’s team is developing their product all the time. Now they are developing the plan of switching to Proof-Of-Stake and sharding.

[monmoynatt]

No i don't think that Ethereum will die. Ethereum is Best cryptocurrency. It’s Position second in cryptocurrency Market. People call it mother of all currency. Some Times it’s Price will down and some Times it’s price will up it is simple. But it will go more strong position in future i think it. And now it’s price gradually increasing. Now Ethereum's price is near about $3200 and it will continue i think. So we call that Ethereum will never die.

[Pamadar]

I am also a fan of ETH.  I think ETH is a pretty good coin for future investment.  It's just that the drawback is a large fee as you say.  I think ETH will be more advanced for the next few years.  And also a lot of coins that use the ETH network.

For the problem of transaction fees on the Ethereum network, I don't see it as a drawback because with the current price of ETH, I think the amount of transaction fees that must be incurred is still very commensurate and worth it even though some people say it's not affordable , even though in the past the expenditure of transaction fees was almost the same as now if we look at the form of ETH, only because the price of ETH in the past was still very cheap, so the costs we incur look very cheap, even though the amount of expenditure is also almost the same as now although in terms of dollars it has seen an increase due to the influence of the price of ETH itself.

Transaction fees are fair now with ETH if you look back last few months,

Traders and investors are more okay now since they can transact now with some few dollars to spend, unlike way back where you
can't deal with the transaction since the amount of fee sometimes is more than the value of your token to trade. Traders who already understand this kind of situation are not affected and they will continue to use this system and continue to trust this chain.