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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
TastyChillySauce00
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March 21, 2021, 09:55:54 AM
 #461

In fact, it is a useless idea because eth is the best currency that has a lot of investors. It is natural that the price of eth has increased because the price of good currency can change at any time. I think it’s foolish to wear bad thoughts about a big coin like eth. However, there is no need to be upset about the price of gas as it will go down in the future. so consider the good side of eth.
Even the gas price itself got that high because there's too much transactions going on, speak itself about the state of the coin as of now. though many people have migrated from eth to bsc but it's more likely gonna be a temporary action due to being "forced" to migrate into BSC. I dont believe people would still stay in BSC for too long considering they are owned privately

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March 21, 2021, 10:06:54 AM
 #462

Something working proper gets cheaper with more usage.
If you go alone in a taxi you pay full price.  If two friend come along, fare is shared between the three.
Fill a bus is cheaper still. Proplem is devs cant figure out how to build a bus and choke the system to dead with taxis.
Other town meantime building effective system and sooner or later Eth is a gost town.

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March 21, 2021, 11:14:00 AM
 #463

In my opinion, Ethereum will not die because Ethereum will be an ecosystem that is constantly undergoing rapid transformation. The Ethereum ecosystem has the primary goal of being a stable and reliable system in the long term. Overall, I think that the Ethereum blockchain is a very good project that will continue to dominate the smart contract sector and that Ethereum will always be the market leader as the second most popular cryptocurrency.

I don't think so another year like this with Ethereum and they are going to lose their position, many developers are shifting chain, many traders stop using Ethereum to trade, people are not likely to use a coin that will eat up their profit and this is what happening now on Ethereum, all my altcoins are stuck in my wallet how would I trade my $50 coins if the fee to transact is $15 to $25.

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March 21, 2021, 11:26:09 AM
 #464

I don't think ethereum is going to die. But of course the ethereum network will lose some of their customers. Because small traders and bounty hunters cannot use the ethereum network now for high transaction fees. I think some other  networks will definitely take this opportunity.
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March 21, 2021, 12:40:11 PM
 #465

It won't be easy for ethereum to rise, even ethereum's position is getting better. ethereum is one of the tokens that has a high price and is useful for every crypto transaction, so I think ethereum will get stronger over time over the next few years
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March 27, 2021, 08:17:00 AM
 #466

It won't be easy for ethereum to rise, even ethereum's position is getting better. ethereum is one of the tokens that has a high price and is useful for every crypto transaction, so I think ethereum will get stronger over time over the next few years
Ethereum is not a token. It is a coin that was among the first to be forked from Bitcoin.
This coin now has certain difficulties with a high level of transaction costs, but they are temporary. Ethereum is now fully updated, it takes quite a long time, however, in July, the transaction fees should return to normal. So there is no reason to worry about ethereum. This coin should start growing in value more actively in the fall.

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March 27, 2021, 09:20:33 AM
 #467

Ethereum is not a token. It is a coin that was among the first to be forked from Bitcoin.
This coin now has certain difficulties with a high level of transaction costs, but they are temporary. Ethereum is now fully updated, it takes quite a long time, however, in July, the transaction fees should return to normal. So there is no reason to worry about ethereum. This coin should start growing in value more actively in the fall.
Yes, there's no reason to worry about Ethereum. The problem with Ethereum is the high transaction fees and the Ethereum development team are well aware of that. Especially now that most of the new projects are starting to use the BSC platform which is cheaper compared to Ethereum, indirectly this situation will make Ethereum's position under threat. As solution, Ethereum is currently innovating to become Ethereum 2.0 and in the future it will provide network to generate other crypto assets.
So far, Ethereum is improving to overcome obstacles such as high transfer fee or gas fees and bug problems, This kind of innovation will certainly be the most telling attraction for people to own Ethereum. In my opinion, This will be very good momentum for the development of Ethereum and it is likely that the Ethereum price will increase in the future.

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March 27, 2021, 10:33:40 AM
 #468

It won't be easy for ethereum to rise, even ethereum's position is getting better. ethereum is one of the tokens that has a high price and is useful for every crypto transaction, so I think ethereum will get stronger over time over the next few years
Ethereum will be very easy to go up because a token like Ethereum is a token that is very well known and also in great demand by crypto lovers in all countries, so there will be no obstacle to Ethereum even though the transaction fees on the Ethereum network cannot be said to be cheap, but the development of Ethereum is still can run smoothly.

I agree with you, there is a lot of potential left in the Ethereum market. The all time high was above 2,000 USD which would be another 20% from current levels. So as long as we are not even on a new ATH, there is no chance that ETH is going to fall in value suddenly. In my opnion ETH will be around for a long time, that such a widely used crypto coin would die seems very unlikely.
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March 27, 2021, 03:17:26 PM
 #469

If you have a look on current crypto industry condition, then you would see that people continueously investing on btc, ether and so others altcoins like ada,bnb etc! Eth gaining price that's only because people still using eth without caring high fees.otherwise eth would drop like others so called altcoins due to lack of investors & transactions but i appiciate your logical point too.so i think people might reduce using eth and start using bnb,polkadot or tron for less fee.but don't think eth wouldn't die easily cause people have to use eth for done their erc20 tokens transactions.
ETH prices and the fee doesn't have a real connection, the only connection is that if you are spending 0.0001 ETH on transaction that could go up or down but as long as its little ETH how high could it get? If the only thing that made the fee's higher, we would have seen 10x higher fee and that's it not more, it would have gone up like eth price did, but the reality is that we are paying more ETH during this period as well and not just regular price.

It means we can have cheaper during this period as well, wait until July and you will see how eip 1559 will help us as well, that will make the fee's go down as well, it will not be simple but it will happen. That way all those excess fee charges by miners will be gone, I can't be mad at those miners neither because there are rich folks who are capable of paying that much that causes all these charges.
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March 27, 2021, 03:37:33 PM
 #470

Etherem is the most potential altcoin in crypto today, and the demand for it is increasing from the time to the time, and it has become the favorite altcoin to invest in, because the etherem has very wide reach in the crypto market so that it makes the eth stronger and more developed, even though  There are also few obstacles that must be fixed by the eth management, namely the expensive transaction fees in the form of gas, or a fee, but I am sure that the etherem will solve that small problem, so that the etherem will always last in the future,
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March 27, 2021, 05:08:28 PM
 #471

Eth is a success, it's not that volatile, it's almost stable and eben though bit hardly keeps up with BTC it has its own plan too. We shall wait with the current situation of high Eth gas, there's more to come with eth. It will have a long life, just look at how many contracts and projects under Eth network, and it's incredible increasing.
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March 27, 2021, 05:51:29 PM
 #472

Eth is a success, it's not that volatile, it's almost stable and eben though bit hardly keeps up with BTC it has its own plan too. We shall wait with the current situation of high Eth gas, there's more to come with eth. It will have a long life, just look at how many contracts and projects under Eth network, and it's incredible increasing.

eth has become a big name, many projects are under the auspices of eth, the possibility of an eth revival is still wide open, the ups and downs of a coin are natural, and decided to assume that eth will die too soon
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March 27, 2021, 06:07:41 PM
 #473

This is the real problem and issue that ethereum blockchain must fix and resolve or else many crypto enthusiasts whose using their blockchain will shift into a much affordable and convenient blockchain such as binance, elrond and polkadot.
It will be solved soon, Just wait when London Fork happens when EIP-1559 Implemented and ETH 2.0 Launched, It's basically will become a game changer on current structure on Ethereum, Beside that Ethereum community was much bigger for now with tons of contribution and project based on it but yeah for we need alternative until it's happens something like BSC, DOT, TRX, MATIC, etc. For now we just can wait.
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March 27, 2021, 06:36:20 PM
 #474

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 always be the number 2 cryptocurrency and bitcoin as the number 1 it is only going to be an issue if the Ethereum network issues are not going to be solved in the future. The high transaction fees are a big problem in the Ethereum network and if this is not going to be resolve in the future there is a chance that Ethereum is going to die because everything is going to use another network that is better. We have a lot of competitor for the Ethereum network but as long as they doing something they will still going to be a top cryptocurrency in the market there's no way another cryptocurrency is gonna catch up at this moment.
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March 27, 2021, 11:05:26 PM
 #475

Nope it won't. Right now, theres a lot of big coins with same concept like eth but at the end of the day i still believe ETH will always be number one. Just wait for ETH 2.0 and Bo0oM it gonna be lit and i think it will make the price of eth rise more than $2k.

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March 28, 2021, 01:24:04 AM
 #476

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 these three Binance, EOS, Polka Dot can take place the position of Ethereum now or for the coming future.
Because let us admit that ETH at the present time now was being used most of the time when there is a new project that will
rise here in cryptocurrency business. Where BNB, EOS, and DOT can't do it now. Therefore, your thoughts of question is not going
to happen where ETH is going to die, that's not possible to happen anyway.
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March 28, 2021, 04:04:37 AM
 #477

It would be happen if they dev don't solved this fee problem.

Especially at this time theres a lot of good coins with same concept like DOT and BNB with very good team, it will be so good because of these 2 giants become a real contender for ETH.
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March 28, 2021, 04:10:01 AM
 #478

It would be happen if they dev don't solved this fee problem.

Especially at this time theres a lot of good coins with same concept like DOT and BNB with very good team, it will be so good because of these 2 giants become a real contender for ETH.
Still, too far I think your thoughts come true.
believe me even with the high fees you can still see how ethereum chain trading is still being done.
The cost issue is bothersome, but I'm sure it won't kill ethereum.
ethereum is very strong buddy, a strong foundation will not break easily just because the wind throws the roof of the house.









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March 28, 2021, 04:10:32 AM
 #479

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.


What makes you think that Ethereum will die ?
The scaling in blockchain means that they are making it better which will further make it adoption and use cases. One of the thing it will improve is that the fee of the network will reduce. So after the scaling Ethereum will become more efficient.
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March 28, 2021, 05:21:43 AM
 #480

It would be happen if they dev don't solved this fee problem.

Especially at this time theres a lot of good coins with same concept like DOT and BNB with very good team, it will be so good because of these 2 giants become a real contender for ETH.
If they could they would've done it since long ago but they are also opposed by miner and have some conflict of interests since the dev didn't own eth because it's decentralized.
I personally would prefer if people move over to other blockchain considering all the projects too concentrated in ETH blockchain, this time around people already start migrating to other blockchain like BSC though they are centralized, we need better alternative than BSC honestly.

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