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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
Igebotz
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December 02, 2020, 10:32:14 AM
 #241

^ Ethereum going to die is an illusion, wake up soon.

Ethereum is the future of crypto it is the next big coin after bitcoin tracing back to it origin far back to 2015 when it was just $0.4 for 1 Ethereum, today it's $621 and still going high as predicted. we all doubted bitcoin at first between 2009 and 2010 and missed the chance of becoming a billionaire today the opportunity is here again with Ethereum.
even though new Altcoins continue to appear with their perfection, Ethereum will not be replaced. the thing that I regret the most is that I was late getting to know Bitcoin and Ethereum, Ethereum will touch ATH again when eth 2.0 launches.
I remember this time in 2016 when bitcoin was fluctuating from$700-800  I bought my first 0.05btc @$50 my crypto experience then was so shallow and got scammed few days later thru Ponzi. Time to buy Eth for the future

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December 02, 2020, 02:19:04 PM
 #242

I am sure that the favorable market situation and the Etherium 2.0 update will bring results, and very soon we will see ETH break through the historical price maximum. The project is still one of the most promising today.
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December 02, 2020, 02:25:35 PM
 #243

I am sure that the favorable market situation and the Etherium 2.0 update will bring results, and very soon we will see ETH break through the historical price maximum. The project is still one of the most promising today.
Eth is one of the promising coin in the market next to bitcoin. If ever bitcoin will die then pretty sure ETH will be there as the next to bitcoin to take place with what's bitcoin left. We know that bitcoin supply is limited only and that if people bitcoin holdings will be lock forever in blockchain due to being forgotten and that no one can access that coin and left like that forever then bitcoin will going to face that kind of problem. So, once bitcoin collapse then it will all be the ETH to reign in replacement to bitcoin.
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December 02, 2020, 02:40:51 PM
 #244

To slowly phase out Ethereum is the whole point of creating ETH 2.0
Same way Sunny King created VeChain (VET) and let Peercoin die a slow and painful dead. Was number 3 now 600 something.
At some stage there simply want be any official updates, but as always no pay no music.
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December 02, 2020, 03:46:42 PM
 #245

when we talk about only Ethereum as a coin it is not dying, it is following Bitcoin .Now it is trading above 600$ and moving towards about its ATH. yes if we talk about Ethereum network it is paining us with its Gas fee, slow transaction ,transaction failure.If eth overcome all these things then it is always number 2.


IMO ETH 2.0 will overcome all of that problem, but maybe the price will drop after that. Because so many eth staked and Nobody want to make the price higher since no miner reward, dont know, just my opinions
The developers have promised that the upcoming ETH 2.0 will definitely overcome all of the problems and issues to its network, such as high gas fees. Also, Ethereum is one of the top coins in the crypto market next to bitcoin; that is why Ethereum will not die because many projects are using its platform to run and create decentralized applications and enable smart contracts.

Yeah, but is Ethereum still interesting for the traders? Since traders isnt hodler, they do daily trade. And mostly ethereum is staked means there will be huge amount of ethereum locked and cant be traded. i dont know, how to describe it more clearly.

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December 02, 2020, 03:53:48 PM
 #246

Nope, ethereum is like the right hand of the king of Cryptocurrency. Wayback 2017, ethereum is so promising and a highly potential coin in the market and that is happening today. Its not going to die, it will continuously grow and grow.

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December 03, 2020, 09:27:13 AM
 #247

Ethereum going to die? I doubt it if it's ever going to happen any time soon. The only thing I can say it hat with the latest development with lots of Developers. They could come up with something more less disappointing. One of the major problem I'm having personally is the sudden rise in gas fees using a ETH blockchain technology. It's way to much and the price of ETH compared to the way Bitcoin has been doing well lately. One would have think ETH should be close to a thousand dollars now. But reverse is the case.

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December 03, 2020, 03:26:40 PM
 #248

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 still has the active team so I am not so sure if Ethereum will going to die someday even if it is not doing good as of this moment because of the problem with their transactions and fees.

But if the other currencies will do their best to challenge the ranking of Ethereum then they still have a chance especially that XRP was able to replace Ethereum in the past but Ethereum was able to recover again it's #2 ranking. But right now in terms of Ethereum going to die, I guess the chances is very low.
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December 03, 2020, 07:19:45 PM
 #249

I don't think that Ethereum will die. Recently, Ethereum 2.0 has been launched. I believe that we will see its effects on the price on a large scale. I expect the price will go over 1k and we could even see ath in the near future. As long as Ethereum stays updated, I don't think it will die.
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December 03, 2020, 07:42:35 PM
 #250

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.
Eth is just going through its revamping phase so we need to support this as it will become an advanced blockchain solutions provider as full eth 2.0 upgrades are complete so personally im not worried about the competitors and i do not think that eth is facing any threat for its survival.

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December 03, 2020, 07:50:25 PM
 #251

As long as there is still supply and demand then ethereum will not die, it's just that there is one thing about ethereum for now and that is the high cost of gas, I hope the developers are working behind the scenes and this problem will be resolved soon. because we were excited to see the ethereum green signal but not happy to see the high cost.

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December 03, 2020, 10:04:56 PM
 #252

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.
Eth is just going through its revamping phase so we need to support this as it will become an advanced blockchain solutions provider as full eth 2.0 upgrades are complete so personally im not worried about the competitors and i do not think that eth is facing any threat for its survival.

Very well said. The aim of Ethereum 2.0 is to shift from miners to Proof of stake. PoS), because it is far more Energy efficient compared to Proof of work. Hopefully, it will also solve the problem of scalability and security. How much it will succeed to reduce Gas and transaction fee, that remains to be seen.

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December 03, 2020, 10:15:53 PM
 #253

I don't think that Ethereum will die. Recently, Ethereum 2.0 has been launched. I believe that we will see its effects on the price on a large scale. I expect the price will go over 1k and we could even see ath in the near future. As long as Ethereum stays updated, I don't think it will die.
Even if the update of etherium has launched etherium is always alive and the prices of etherium still in a high price and maybe it will reach the price of 1k just like you said. And we hope it will be like in the other year etherium was going crazy increasing the price.

The one and only could tell that is not believing etherium that would become a future in cryptocurrency.

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December 03, 2020, 10:35:53 PM
 #254

You aren't a real supporter if you can't support eth in bad times Cheesy, I know these days the transaction fess are unbelievable, but I don't think that will make Ethereum unpopular, it has already gained popularity since it is the 2nd best cryptocurrency and also the best altcoin in the crypto sphere, I can't deny the fact that other networks offer lower fees and the rest, but that doesn't mean they are going to replace Ethereum, and besides the ETH 2.0 is expected to solve these high fees issue, so let's just wait till ETH2.0 is fully deployed.
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December 04, 2020, 07:36:46 AM
 #255

I don't think that Ethereum will die. Recently, Ethereum 2.0 has been launched. I believe that we will see its effects on the price on a large scale. I expect the price will go over 1k and we could even see ath in the near future. As long as Ethereum stays updated, I don't think it will die.
In fact, I feel that Ethereum will become even more popular when Ethereum 2.0 is around. in fact, there is currently no altcoin that can replace ethereum. thinking that ethereum is dying, there will be a lot of ERC20 coins that will be missing for now. in fact, ethereum is still badly needed for now.

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December 04, 2020, 08:02:05 AM
 #256

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.

where did you saw that ethereum became unpopular? open your eyes and look on coinmarketcap. always in top 3. the main thing that developers are working.

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December 04, 2020, 09:30:07 AM
 #257

Congestion here and there, yea it's bad and I get it but one thing you aren't getting is even Polkadot and other eth wannabes can become a victim of congestions too, when there are many users on Polkadot or other congestion can happen too.

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December 04, 2020, 11:35:24 AM
 #258

I don't think the ethereum will die as you can see they have their new release called ethereum 2.0 I think it is to improve the ethereum. how come do yout think that the ethereum is going to die, about the price?
montaga
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December 04, 2020, 11:52:22 AM
 #259

I don't think the ethereum will die as you can see they have their new release called ethereum 2.0 I think it is to improve the ethereum. how come do yout think that the ethereum is going to die, about the price?

At a later stage the creator will certainly work very hard against it. After all that is why he created Eth2 were he makes the money with staking. Ethereum will not die so long a single miner mines it. So it will be around longer than most, no need to worry about it.
Eth2 currently trading at about $26

Proof of Work Eth Genesis block  https://blockchair.com/ethereum/block/0 (Ethereum-chain 2015-07-30)
Proof of Stake Eth2 Genesis block   https://beaconcha.in/block/0  (Beacon-chain 01/12/2020)
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December 04, 2020, 01:37:05 PM
 #260

I dont think Ethereum will die. If you are having problem with gas fees, Bitcoin has a high transaction fee too. Unlike Bitcoin, the devs of ETH is still alive, even its founder is visible they can still improve the scalability and enhance the features of ETH in their next update ETH 3.0? Smiley
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