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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
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November 24, 2020, 10:41:22 PM
 #181

ethereum is the king of altcoins and many projects use the ethereum blockchain, which means that ethereum is still in demand by everyone. For fees it's not a big deal and I also emphasize to you that if Ethereum will never die, if Ethereum dies then many projects will also die
the only disadvantage of Ethereum is that the fee is not cheap...
hundreds of coin / token projects use erc20, this is what keeps Ethereum going strong. if you think Ethereum will die then something is wrong with your mind. the king of all Altcoins will continue to stay where it belongs.



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November 24, 2020, 11:08:49 PM
 #182

I don't think Ethereum will drop from second position on the ranking list talk less of dieing. It's going to boom more when the ETH 2.0 launches which will be very soon.
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November 24, 2020, 11:17:50 PM
 #183

ethereum is the king of altcoins and many projects use the ethereum blockchain, which means that ethereum is still in demand by everyone. For fees it's not a big deal and I also emphasize to you that if Ethereum will never die, if Ethereum dies then many projects will also die
the only disadvantage of Ethereum is that the fee is not cheap...
hundreds of coin / token projects use erc20, this is what keeps Ethereum going strong. if you think Ethereum will die then something is wrong with your mind. the king of all Altcoins will continue to stay where it belongs.
gas fee only be main problem for ethereum , but most investors and traders use ethereum for every transaction especially for trading. if many people shouting its fee very expensive , in fact no one leave ethereum as their portofolio. look at ethereum price day by increasing alot , about network fee it will solved later. look it as profitable portofolio

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November 25, 2020, 07:20:39 AM
 #184

I see no reason of dying. Even I believe it will boom more in the coming months. After Btc it's the most trustable coin till date. I agree a huge gas fee and the slow network is the concerning thing otherwise it's all good. On the other hand, many other coins look promising.

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November 25, 2020, 07:47:45 AM
 #185

I see no reason of dying. Even I believe it will boom more in the coming months. After Btc it's the most trustable coin till date. I agree a huge gas fee and the slow network is the concerning thing otherwise it's all good. On the other hand, many other coins look promising.
Agreeing with you it is really difficult for ETH to die, at this point the whole market is rising, and ETH is also rising and there is no sign of going down.

I am not a big fan of eth, as there are many platforms in this market that i prefer, but undeniably the popularity of the platform has helped eth dominate altcoins until now. But what is now with eth is that they need to listen to the community and change for a good future ahead of eth.
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November 28, 2020, 07:54:23 AM
 #186

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.
Repairing a car while driving? Do you even know how blockchain works? What do you think will happen is Ethereum blockchain get stopped or halt? Things can be fixed in blockchain without stoping the whole running system, and gas fee isn't a genuine reason for Ethereum to go down, for the love of Ethereum many users have gotten used to the congestion and since the next fix update is coming this December there is no point in worrying

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November 28, 2020, 08:12:33 AM
 #187

As the amount of gas fees goes down the prices of the currencies will go down but will go up again ethereum will never die there is little time for long term investment the same is the case with ethereum as the car gets slower at first and gradually increases in speed. Currency prices fluctuate due to unsustainable market but will develop as demand increases ethereum's position after bitcoin is a good currency for ethereum investment long term investments have to wait.
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November 28, 2020, 08:30:07 AM
 #188

Ethereum is really becoming obsolete over time, there are already a lot of cool projects that can take the place of Ethereum, one of them, the Avalanche project. But this will not happen soon, so far Ethereum is stable in the top.

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November 28, 2020, 08:43:40 AM
 #189

Ethereum is really becoming obsolete over time, there are already a lot of cool projects that can take the place of Ethereum, one of them, the Avalanche project. But this will not happen soon, so far Ethereum is stable in the top.
lol its not becoming obsolete because eth has its own use and its no just one but there more than that . other coins do only have a single or double use but that wasnt unique because other coins can also do that , those are the coins that can easily become obsolete and replaced if they dont exert too much effort to make thier project standout . if you think avalanche is one of the coin that can beat eth why would you not say that it can beat eth now and why say it will beat eth later . are you not confidently sure .
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November 28, 2020, 11:39:56 AM
 #190

The experience ethereum are passing through for over three months now, on high fee's charge, which is the course of the upgrade of ethereum in Blockchain, currently the fees are gradually reducing, which in a future time, ether fee's will be stable.
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November 28, 2020, 11:45:00 AM
 #191

I don't think this is possible today. I haven't seen such a frenzied demand for decentralized projects for a long time. All the same, Eth will go even higher. Maybe even break the previous record.
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November 30, 2020, 02:21:54 AM
 #192

everyone is waiting for eth 2.0 so that the cost of GAS will be cheap, this is what everyone expects. Personally, every time I swap at Uniswap, I have to wait for low GAS costs so that I don't pay so much.
Yes, ETH 2.0 update will bring ETH to be better and I am sure ETH will not die because so many investors support it, not only that ETH network is very much needed by new projects, so there is no need to worry about ETH will die.
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November 30, 2020, 02:43:06 AM
 #193

Yes, it is actually relieving to see that the fees are steadily going down. This will improve user's experience with ETH as many will be able to deal with the said coin and thus, it will boost consumer confidence with the said cryptocurrency. I myself has profited and also has good experience when it comes to transacting in Ethereum, so it will not come as a surprise if the devs will further develop it so that it will be more user-friendly and trusting. We will continue using ETH as it is second best to Bitcoin.

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November 30, 2020, 05:16:38 AM
 #194

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 that the developer is now working hard to resolved this problem regarding the huge fee in ethereum blockchain. Also, now that they are almost done with the their current development which is the Eth 2.0 it will definitely make the works of this platform better and more user-friendly.
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November 30, 2020, 08:15:54 AM
 #195

I don't think this is possible today. I haven't seen such a frenzied demand for decentralized projects for a long time. All the same, Eth will go even higher. Maybe even break the previous record.
The frenzied demands now fades out though. For example Defi right now is not as hot as it was before and instead so many garbage tier project disguising as defi appearing and doing some rug pulls which in turn makes people lost a lot of money.
Even like that, the already existing defi projects that are popular could add some eth demands to the platform because they have many users.
TBH I'm expecting that ETH 2.0 somehow make the price go up because quite the amount of ETH got staked but maybe that's not enough.

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November 30, 2020, 08:21:58 AM
 #196

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 gas fee shouldn't be a problem right now comparing to the insane gas fee we witnessed in 2017 after Ethereum hits 1400$+ , right now you can still make transactions with 1$-6$ max,  I know that not everyone can afford this but I'm just trying to clear a point that even with high gas fee some people will still continue to use Ethereum, this morning you can make transaction on eth blockchain with 0.55$ maximum, Ethereum is way too big to go down because of gas fee
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November 30, 2020, 09:19:46 AM
 #197

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.
Looks like you are not aware of the incoming 2.0 Version release in December 1?Maybe with this Update Some Issues will be answered and addressed .

But of course Vitarin Won't Let His Coin Die and I'm sure the Support from the Community is intact and Fees are only for those who wanted to get But not for those who are investing.

And literally saying about Being aLong time believer of Ethereum?maybe you should be the one who support and understand the situation.

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November 30, 2020, 09:25:40 AM
 #198

everyone is waiting for eth 2.0 so that the cost of GAS will be cheap, this is what everyone expects. Personally, every time I swap at Uniswap, I have to wait for low GAS costs so that I don't pay so much.
Yes, ETH 2.0 update will bring ETH to be better and I am sure ETH will not die because so many investors support it, not only that ETH network is very much needed by new projects, so there is no need to worry about ETH will die.

Ethereum will not die in the near future, because many ecosystems have been born there, such as Defi,
and several other categories on the Ethereum platform, but indeed the thing that users regret the most is about Gas fees.
its the eth fees is the one that can kill itself not those avalanche , dot , etc coins that are said a big threat and can potentially end the life of eth  .

 the problem on eth fees only arises on this quarter/year but if i remember we have no problems like that on eth before but we shouldnt worry because eth team wont let their beloved eth die only for the high gas cost .
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November 30, 2020, 09:29:12 AM
 #199

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 developers are actually creating a great job since they actually developed another thing that is called DeFi or Decentralized Finance which is actually a booming platform right now. Some Alternate Cryptocurrencies are utilizing Ethereum's property to create this kinds of projects but its truly alarming because of the high fees that Ethereum have. However, we really cannot see Ethereum losing its value since its Bitcoin's number two and some Alternate Cryptocurrency already branched for ETH so it would be impossible for it to die.

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joseyphil82
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November 30, 2020, 09:42:51 AM
 #200

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 high gas fee can kill a crypto project Ethereum should be dead right now because in 2017 Eth users spend up to 40$ or more for a single transaction fee, that haven't happened this year and you are already complaining? Gas fee can't kill a project like Ethereum because it has a very special utility that's well adopted by users and devs

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