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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
nelson4lov
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November 20, 2020, 10:00:17 PM
 #141

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'm also a big fan of Ethereum, i just want to point out something for you, those high transaction fees are caused by too many transactions going on at that moment on the Ethereum Network, when the network is over loaded that's when you will see insane transaction fees, and you talked about Ethereum becoming unpopular just because of high transaction fees?, that's impossible, so I don't agree to that part, there's no way Ethereum will become unpopular, it's been up the chart for years, undoubtedly one of the best altcoin , besides the ETH2.0 will soon be out, let's just hope it will solve all the existing problems on the Ethereum Network.

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November 20, 2020, 10:09:31 PM
 #142

You know dude eth have a huge market cap & i m trading for 2 years in many exchanges. And I think ethereum long holding support will be at same. Look at now it's pumping again to the moon.
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November 20, 2020, 10:17:48 PM
 #143

You know dude eth have a huge market cap & i m trading for 2 years in many exchanges. And I think ethereum long holding support will be at same. Look at now it's pumping again to the moon.
When we do talk about on when a coin will die then its really hard to point out fingers or do make out some conclusion and if we do just simply based up
on whats the current standing of ETH into the market then you would normally say that it is impossible for the moment.

We cant deny that erc20 or smart contract feature is one of the most revolutionary projects that we had which really have some actual utility or real life usage
this is why its hard to believe that it would be vanished out into this market.

Id rather say that most of altcoins below are typically shit or arent really worth of.

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November 20, 2020, 10:21:06 PM
 #144

ETH is second to BTC and it's dying isn't possible. ETH is currently waxing strong and I believe the high fees will gradually reduce as it's currently doing. People are anticipating alit growth from ETH . Remember it's a coin Crypto enthusiasts look up to always after BTC.
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November 20, 2020, 10:21:30 PM
 #145

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.
Note that ethereum will die but you will see ether-2.0 as bitcoin that's mean eth is the next btc. Obviously polkadot will take place aside eth By having too many chains.
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November 20, 2020, 10:21:54 PM
 #146

As an investor, I was surprised to see the high transaction fees from Ethereum, but if I analyze it doesn't make Ethereum demand less.
Moreover, the price of Ethereum continues to rise, making people continue to use Ethereum even though Ethereum transaction fees are high.
So there's no way Ethereum is going to die, that's a guess that won't happen. So there is no need to panic about the increase in Ethereum
transaction fees, I'm sure the Ethereum development team will solve this soon.

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November 20, 2020, 10:27:18 PM
 #147

With the current state of Ethereum having congested network due to high transactions on its blockchain, i do agree the gas fees is expensive but it was more ridiculous some weeks ago. However, with Testnet going as plan and ETH 2.0 launching in the future, hoping this problem will be solved. Ethereum is by far one of the best or should i say King of Altcoin.
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November 20, 2020, 10:46:30 PM
 #148

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 don't think due to the high fees and the long queue on ethereum network these days would die or become have zero demands in the markets, we would see ethereum 2.0 launch soon and I just hope it could resolve the issues in the current network (includes the high fees).
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November 20, 2020, 10:51:25 PM
 #149

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.
Assuming that Ethereum is going to die because of high fees and congestion is the same as the expectation for bitcoin to die and be replaced by another altcoin because of the same reason.

But in 2017, the same as bitcoin, Ethereum got high fees and congestion too in transaction but it did survived. And as 2.0 approaches, this has been said to solve those problems.

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November 20, 2020, 11:28:55 PM
 #150

ETH is second to BTC and it's dying isn't possible.
Dying is always possible, why not? But it seems not likely to happen now or in the near future because ETH is even getting strong. Ethereum is the king of altcoin and it really shows that it leads others to improve the values. However, I'm not against the fact that nothing lasts forever, including ETH.  Wink

ETH is currently waxing strong and I believe the high fees will gradually reduce as it's currently doing.
Will the fees be lower?
Honestly, I doubt it. If there is no certain way planned by Vitalik to reduce it, it won't be lower.

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November 20, 2020, 11:39:22 PM
 #151

ETH is second to BTC and it's dying isn't possible.
Dying is always possible, why not? But it seems not likely to happen now or in the near future because ETH is even getting strong. Ethereum is the king of altcoin and it really shows that it leads others to improve the values. However, I'm not against the fact that nothing lasts forever, including ETH.  Wink
No, dying is impossible for Bitcoin and for Ethereum too, Hey we are in the crypto world, not the human world, You say "the fact that nothing lasts forever" Yes for real life, how possible that these facts you use also in the crypto world? Are you kidding?

We meet the fact that the Ethereum gas fee is so high, and I think this is a big problem but doesn't mean Ethereum will dying or die. I believe there will be a solution to this problem.
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November 20, 2020, 11:50:52 PM
 #152

When we do talk about on when a coin will die then its really hard to point out fingers or do make out some conclusion and if we do just simply based up
on whats the current standing of ETH into the market then you would normally say that it is impossible for the moment.
We can exactly pinpoint and come to a conclusion by monitoring the progress of each coin and how the developers are working in sorting out the issues and if you are seeing a dead silence from the development team then you can reach a conclusion that the project is dead Wink.

We cant deny that erc20 or smart contract feature is one of the most revolutionary projects that we had which really have some actual utility or real life usage
this is why its hard to believe that it would be vanished out into this market.
ETH is not the only coin that provides the smart contract feature and there are ton of other projects and the only difference is the popularity.

ETH 2.0 will be implemented soon and with the way the price is rising the momentum is in its path right now.
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November 21, 2020, 04:28:56 AM
 #153

ethereum will never die but now ethereum is addressing something quite a price development and that increase is a better starting point how ethereum prices have gone up now and some of their competitors have made different innovations polka dots will become ethereum competitors in the future that will make quite a difference if ethereum did not develop ETH 2.0.


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bitcoin31
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November 21, 2020, 04:36:05 AM
 #154

I believe many years or even more decades that ethereum will still here in the cryptocurrency because you will see it is potential coin.
Im not negative about what happening to the ethereum now but we need to see the bright side of what happen because it rising it's value.
Even ethereum have issues or problems Im still believe to this coin and I will support still because I know it's capability.
RabbiTANK
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Sovryn - Brings DeFi to Bitcoin


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November 21, 2020, 06:09:48 AM
 #155

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.
Huge fee and congestion on Ethereum network can't stop people and developers from using ethereum or choosing ethereum over other smart contract, in crypto space old is always gold, developers still prefers ethereum because every smart contract ideas started from ethereum that's why it's the king of every altcoins

Eco_111
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November 21, 2020, 06:21:45 AM
 #156

The potential of ethereum can't be denied, investors and whales don't just buy ethereum for nothing sake, to me Ethereum is still very undervalued right now, developers still use erc20 for new projects more than other smart contract projects, why? The interest in ethereum blockchain can't be compared to any so high gas fee isn't an excuse to stop using ethereum
proTECH77
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Bisq Market Day - March 20th 2023


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November 21, 2020, 06:30:31 AM
 #157

Since the  pandemic could not make Ethereum die during the process, show it will still improve despite it reduce when bitcoin was rising in the market which was making bitcoin investors to make a good profit from their trade in the market. During the pandemic Ethereum network was causing many investors to lose profit just because the network was not too stable for them to make a good profit from their Investment.
Since we enter pandemic, altcoin and Ethereum where reducing in the market which was causing some traders to start experience network failure in the market. Bitcoin is still rising which is causing other cryptocurrencies to reduce in the exchange market, that is making their investors to make a good profit.

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illnino
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November 23, 2020, 07:57:05 PM
 #158

It would not likely to happen, looking how bitcoin is bulling right now ethereum also joins the hype and bulling. It has survive through all these years and keep thriving so it wont die just like a bubble. it has well establish foundation and earn the title king of all altcoins.


I would not call it the hype — Ethereum had to do up even earlier. Nevertheless, it will be better to hold this altcoin. Soon it will be I hope 800 USD!
coinswebid
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November 23, 2020, 08:00:20 PM
 #159

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.

if you look the price of ethereum now, do you see some reason that will make ethereum going to die ?
because even a lot of project claimed better than ethereum, but i don't think all the project you mentioned above will replace ethereum my friend

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InwardContour
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November 23, 2020, 08:22:07 PM
 #160

The potential of ethereum can't be denied, investors and whales don't just buy ethereum for nothing sake, to me Ethereum is still very undervalued right now, developers still use erc20 for new projects more than other smart contract projects, why? The interest in ethereum blockchain can't be compared to any so high gas fee isn't an excuse to stop using ethereum

Ethereum is the pace setter of smart contracts and the most trusted and efficient smart contract platform at the moment. In as much as I don't like the fact that transaction fee is high comparatively (compared to other blockchains with smart contract like TRON and BSC), it's still the most used. Countless projects have built on ETHEREUM blockchain and still building, ETH 2.0 is gaining massive traction even before official release. Holding ETH long term to me is a wise decision.
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