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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
Novatech8
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November 20, 2020, 10:02:17 AM
 #121

Ethereum isn't the best altcoin for mouth sake, it's even better in some countries than bitcoin, it's well supported and it has strong team too, people won't quit using ethereum platform because of high gas fee so Ethereum can't die because of gas fee

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November 20, 2020, 10:06:18 AM
 #122

If Ethereum is a new altcoin it's possible that people will abandon the platform for another but we are talking about the second best cryptocurrency in the entire crypto space, how will the project die because of surging gas fee? This is so pointless
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November 20, 2020, 10:12:57 AM
 #123

Until there are developers working to improve the ethereum blockchain and there are new projects coming in and creating new tokens, ethereum will stay and people will continue to support the ethereum blockchain. There are new blockchains popping up and they said "hey this is better than ethereum" but still people always trust crypto coins that has been around in this industry for a long time like bitcoin and ethereum.

People already knew that ETH have strong foundations, even there are lots of new competitors who are aiming to dethrone this project. Developers, investors and traders still value this coin, trust that being build already been established with how things are moving right
now, this project still the top next crypto and still holding the position.

If Ethereum is a new altcoin it's possible that people will abandon the platform for another but we are talking about the second best cryptocurrency in the entire crypto space, how will the project die because of surging gas fee? This is so pointless

Just use this logic and you'll be able to figure it out. Not just because of surging gas fee but the usages and  the worht of this project
are the best basis for all the traders and investors who looks in every perspectives and potentials.

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November 20, 2020, 11:13:49 AM
 #124

Many people have always assumed that ethereum will die, when the price drops drastically, when there are new altcoins that are on the rise and so on, when that happens people think there is another altcoin that can replace ethereum, but in fact ethereum continues growing and becoming the number 2 crypto that is the most popular today. Especially now that eth will soon launch ethereum 2.0 with various advantages offered to facilitate every transaction that occurs on the eth platform later.

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November 20, 2020, 12:50:56 PM
 #125

Many people have always assumed that ethereum will die, when the price drops drastically, when there are new altcoins that are on the rise and so on, when that happens people think there is another altcoin that can replace ethereum, but in fact ethereum continues growing and becoming the number 2 crypto that is the most popular today. Especially now that eth will soon launch ethereum 2.0 with various advantages offered to facilitate every transaction that occurs on the eth platform later.
My guess is that the situation should change dramatically after the Ethereum 2.0 update. It is a pity that today Ethereum is being assembled very slowly on a deposit contract, and therefore, as previously assumed, the developers will postpone the update and today a new date has already been announced on January 31, 2021. In my opinion, ETH is the best altcoin among all existing ones and even has certain advantages over Bitcoin, so we should not let it die, especially since it has real indicators of development and growth.

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November 20, 2020, 12:56:59 PM
 #126

If the tention is about only the high transaction fee then here is actually no way because as much the coin will demandful the fee will be high. Even it's ethereum or any other.

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November 20, 2020, 01:19:49 PM
 #127

If the tention is about only the high transaction fee then here is actually no way because as much the coin will demandful the fee will be high. Even it's ethereum or any other.
Large fees occur due to overloaded ethereum network. and there will also be an update on ethereum 2.0 which might solve this fee problem, so i'm very sure that ethereum is far from dead
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November 20, 2020, 01:22:23 PM
 #128

Ethereum has been in the cryptocurrency world for a long time and I'm not sure if Ethereum is going to die. It is one of the most innovative blockchains to date and has earned a lot of reputation since its creation. People think of Ethereum as a digital currency that can become part of our financial system.

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November 20, 2020, 01:55:53 PM
 #129

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 this is a problem that every cryptocurrency is having, and even if other ones you have mentioned now should get to the level that Ethereum currently sits at, they are also going to become the same thing that Ethereum is now and they will be experiencing delays and high fees as the network gets congested.

Ethereum has lots of projects being launched on its network, both the good ones and the bad ones, and they are filling up space, the network is carrying a lot, so sometimes we are going to be experiencing the same thing. It’s just Bitcoin, when the network gets congested it starts experiencing delays and fees increases too.
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November 20, 2020, 01:58:08 PM
 #130

There are a lot of Ethereum competetors wich want to replace it, but I think that`s awesome, when we have competition, sphere grows faster. Ethereum team started to work a lot on Ethereum 2.0, when many projects announced their blockchains, which are better then Ethereum nowadays. I don`t think it`s diying, but I suppose soon part of Ethereum market will be devided between eth 2.0 and some other projects. Monopoly of Bitcoin and Ethereum don`t let to continue other projects development as it could be

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November 20, 2020, 05:08:45 PM
 #131

If the tention is about only the high transaction fee then here is actually no way because as much the coin will demandful the fee will be high. Even it's ethereum or any other.
Actually not just the fees but in general ETH is not looking promising now although it will always be relevant but I mean the use case is not as much as it was before and the DEFI bubble is certainly over or at least slowed down to such an extent that now not many projects are being made and investors have turned away already.

I believe Polkadot is the future if you ask me but still not sure how it is going to work so keeping an eye, also don't get me wrong about ETH, I myself hold a good amount of ETH but that does not mean I will only talk positive about them even when they are doing bad. The price is good but I am concerned about the future.

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November 20, 2020, 07:06:01 PM
 #132

If the tention is about only the high transaction fee then here is actually no way because as much the coin will demandful the fee will be high. Even it's ethereum or any other.
Actually not just the fees but in general ETH is not looking promising now although it will always be relevant but I mean the use case is not as much as it was before and the DEFI bubble is certainly over or at least slowed down to such an extent that now not many projects are being made and investors have turned away already.

I believe Polkadot is the future if you ask me but still not sure how it is going to work so keeping an eye, also don't get me wrong about ETH, I myself hold a good amount of ETH but that does not mean I will only talk positive about them even when they are doing bad. The price is good but I am concerned about the future.

Appreciate your logical and realistic  approach towards crypto currencies. This is how an Intelligent Investor should think about intrinsic and future value of any asset including crypto, not what value it holds today.. We should not fall in love with our holdings and sell them when they are overvalued.









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November 20, 2020, 07:10:11 PM
 #133

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.
There is absolutely no chance of eth being dead rather it is just rising from the sleeping couch and ready to moon. More adoption, more dapps, more defi, more products, more services and more users will soon be on board after eth 2.0 is here so it is time to welcome good changes that eth is coming up with rather than criticizing it.

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November 20, 2020, 07:35:01 PM
 #134

Ethereum is not going to die or not going anywhere, Ethereum is the first blockchain that is easily used by newbie and on the other hand other projects are bit different.
I hate one thing about ethereum and that is high gas fee, I hope developers are working behind the scene and this problem will resolved very soon and Ethereum now showing green sign and trying to catch bull run.
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November 20, 2020, 07:41:18 PM
 #135

Ethereum death was signed after the idea of 2.0 came about. Not to mention using gas, that was an extremely bad idea.
Plus there are much, much better options like x42 Protocol, there is no reason to use a platform with fees.
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November 20, 2020, 08:30:12 PM
 #136

Why, why exactly do you think that etheruem can't fix this and/or when there is a bit of less people the problem solves itself? I mean the options here are either ethereum will fix this issue and transaction fee's will be cheaper, or there will be some people who move to other coins and because of that there will be less people on ethereum network which will make the transaction prices cheaper again? Isn't that obvious to everyone?

Am I the only person who can see that? Obviously ethereum will not die, could it be less popular? Of course it could be, but it is not going to die, it is not going to lose its second place neither, it is just going to be either a bit lower in marketcap but still second rank, or it will continue to be awesome and continue to go up.
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November 20, 2020, 08:35:29 PM
 #137

Asking if Ethereum is going to die is just like asking the same thing with Bitcoin. Ethereum has been there side by side with Bitcoin, as long as bitcoin is there, Ethereum will never die. I mean, as you can see in the bullish market now, Ethereum also is getting hyped and pumping, so I do not think that it will die.

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November 20, 2020, 08:51:56 PM
 #138

As long as there are no really huge issues occuring ETH will not die, no way.
Making huge changes to a running blockchain is not easy and ETH is working on that for quite some time now, but it seems now that the transition will be finished in the near future, as long as there are no huge bugs showing up, which can always happen of course.
The ETH source code is probably one of the most checked and observed ones on the internet, therefore i don't think that it contains any major bug like the one who caused the DAO project to fail.
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November 20, 2020, 09:08:25 PM
 #139

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 can feel your pain and literally i have skipped to transact or swap after seeing high transaction fee per transaction but at the same time i am optimistic as well that ethereum will come up high quality and long lasting solutions for scalability so that network will be ready to host and hold the load of mass adoption for coming years without any congestion.

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November 20, 2020, 09:32:37 PM
 #140

No, these are temporary issues which will be fixed shortly and I don't think Ethereum will ever die or become unpopular anytime sooner because it's the most preferred platform for new projects and we might not find a replacement for Ethereum as there were many competitors like TRX and ADA who couldn't even come anywhere closer to Ethereum.

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