Is Ethereum going to Die?

[Sihab76]

Etherium Coin is one of the second largest and most popular coins in the market.  Although its popularity has declined somewhat due to excess gas, it has not been destroyed.  The Ethereum Authority is doing its utmost to reduce the gas.  They are going to bring a derivative called Ethereum 2.  I believe that very soon Etherium will overcome all the disabilities and become very popular again.

[capokmerah]

it looks like it's too early to judge Ethereum will end. surely there will be something new that can expand Ethereum's existence in crypto. Ethereum can still do a lot for cryptocurrency development

yes you are absolutely right, the same as my thoughts. although for example he got data from somewhere, in fact eth is still strong and getting stronger with evidence that ethereum is getting bullish. the exact opposite of what he expected.

Oh Yeah ! In fact, more and more new coins have appeared lately ETH is still superior and that means ETH is not easily abandoned by developers, investors or traders. in the midst of competition for new coins whose development is quite fast but ETH is still strong !

[Dexion]

Nope it wont. Ethereum's fixing everything up and they know the problem. Eth 2.0 is the key to this and it'll surely be mooning again.

Hopefully it will be published soon when ETH2.0 starts to be implemented, the cost issue is very unhealthy if left to linger, and will look like a mere lure if it is not implemented immediately.

[bonyaserg]

A coin like Ethereum has been and will be the most sought after in the cryptocurrency market. So you just have to wait a bit until commissions are available to all users again. I think that the developers will soon fix everything and Ethereum will again become, as always, the most stable and profitable coin. So that all operations for withdrawal or replenishment of funds are available.

[RazerCrypto25]

I think having high fees is one of the setbacks of ETH. I don't think it will die anytime soon, especially since new exchanges and projects that are related to ETH are still launching.

[no-ice-please]

Ethereum is a massive player in the industry with brilliant minds backing it up. If ETH were to die, rest assured a lot would die along with it.

I agree, but if you take a closer look at BSC, you can understand that projects will simply be rebuilt into another network over time and everything will be restored.

Yes but the market cap is a good indicator of what network the people want to entrust their money with. ETH isn't so valuable for no reason. They will find scaling solutions and reach a sufficient transaction throughput.

Also many developers are still building on ETH.

[zaim7413]

Oh Yeah ! In fact, more and more new coins have appeared lately ETH is still superior and that means ETH is not easily abandoned by developers, investors or traders. in the midst of competition for new coins whose development is quite fast but ETH is still strong !

From the past Ethereum has always been strong in the crypto space, so if now there is a new network that wants to compete with the Ethereum network, there are many things that must be prepared because what is fighting is a popular token like Ethereum, not shitcoin.

[fulcare]

Ethereum is a massive player in the industry with brilliant minds backing it up. If ETH were to die, rest assured a lot would die along with it.

I agree, but if you take a closer look at BSC, you can understand that projects will simply be rebuilt into another network over time and everything will be restored.

Yes but the market cap is a good indicator of what network the people want to entrust their money with. ETH isn't so valuable for no reason. They will find scaling solutions and reach a sufficient transaction throughput.

Also many developers are still building on ETH.

Yes it is a good consideration for the large market capitalization cryptocurrencies. Under normal circumstances there is a reason for them to be so valuable and right now I think it is because they are the most decentralized and most secure currencies.

[Cadaver20]

From the past Ethereum has always been strong in the crypto space, so if now there is a new network that wants to compete with the Ethereum network, there are many things that must be prepared because what is fighting is a popular token like Ethereum, not shitcoin.

You are absolutely right. Ethereum is the king of altcoins. So to compete with the king must be like the king. The big traders are still trading in ethereum. If ETH's gas fee is reduced then all competitor will lost into oblivion.

[manok jepang]

Indeed at this time Etherem is losing some users due to the problem of high transaction fees, so people choose to switch to BSC which has a much lower fee fee, I think this is a big disadvantage for etherem, but you don't forget that ETH is a very powerful altcoin and  owned a very wide network in crypto, it is very unlikely that ETH will die, I am sure etherem will find a way out of this problem,

[rahmatullah9305]

Indeed at this time Etherem is losing some users due to the problem of high transaction fees, so people choose to switch to BSC which has a much lower fee fee, I think this is a big disadvantage for etherem, but you don't forget that ETH is a very powerful altcoin and  owned a very wide network in crypto, it is very unlikely that ETH will die, I am sure etherem will find a way out of this problem,

In general, there is a solution, namely by reducing the amount of transaction fees on their own network so that users who have moved to the BSC can come back to use the Ethereum network, but I am also a little surprised why Ethereum doesn't do that.

[Asuspawer09]

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.

Obviously not there is so much project that is into Ethereum Network even though we are experiencing a big issue when it comes to transaction fees Ethereum is still the top 2 cryptocurrency.

Other Networks are surely going to be a good alternative because of the high fees in the market, but the demand in Ethereum is already solid so the gap from other cryptocurrencies is currently noticeable.

Because of the Ethereum 2.0 people are expecting to fix the gas fees issues and BSC Network is will catch up to Ethereum if the Ethereum Network will not fix the issue, because developers already have many options other than using Ethereum.

[Similificator]

I get what you are saying and I too have the same feelings about these high fees and slow confirmations. But the thing is, ethereum still has a lot of room to improve. Not to mention the number of its supporters and the people who are still new to this industry that hears it right after bitcoin. I believe it will take a lot for other coins to be at the same ranking as ethereum let alone overtake ethereum. Although what polka which other people mentioned is truly a great alternative, I still doubt it will surpase eth that easily in terms of supporters and investors.

[seleme]

Indeed at this time Etherem is losing some users due to the problem of high transaction fees, so people choose to switch to BSC which has a much lower fee fee, I think this is a big disadvantage for etherem, but you don't forget that ETH is a very powerful altcoin and  owned a very wide network in crypto, it is very unlikely that ETH will die, I am sure etherem will find a way out of this problem,

It seems people prefer investing in other projects absolutely in BNB than in ETH. There is only one bad side of ETH, it is high transaction fees, for this reason, people prefer staying away from this project. However, l think that doesn't mean ETH is going to Die or something else. There are still a lot of investors who believe in ETH. l hope the fees will decrease in the future, on the other hand, ETH can lose its own popularity. ETH is a very popular altcoin and no exaggeration to say that after BTC ETH is the second cryptocurrency that is most preferred for investing in. As you mentioned everybody wants that ETH will find a way out of this problem.

[MFahad]

Oh Yeah ! In fact, more and more new coins have appeared lately ETH is still superior and that means ETH is not easily abandoned by developers, investors or traders. in the midst of competition for new coins whose development is quite fast but ETH is still strong !

From the past Ethereum has always been strong in the crypto space, so if now there is a new network that wants to compete with the Ethereum network, there are many things that must be prepared because what is fighting is a popular token like Ethereum, not shitcoin.

Ethereum is one of the most valued coin in the current times and it has given very good return in the last few months. The good thing about Ethereum is that it is still under valued and can be 10X form the current marketcap. Those who think that Ethereum will die because of the chain limitations and high fee are totally wrong.

[no-ice-please]

Ethereum is a massive player in the industry with brilliant minds backing it up. If ETH were to die, rest assured a lot would die along with it.

I agree, but if you take a closer look at BSC, you can understand that projects will simply be rebuilt into another network over time and everything will be restored.

Yes but the market cap is a good indicator of what network the people want to entrust their money with. ETH isn't so valuable for no reason. They will find scaling solutions and reach a sufficient transaction throughput.

Also many developers are still building on ETH.

Yes it is a good consideration for the large market capitalization cryptocurrencies. Under normal circumstances there is a reason for them to be so valuable and right now I think it is because they are the most decentralized and most secure currencies.

Of course a lot of people with a lot of money can be mistaken as recent scandals have shown on the stock market, but in this case ETH has been around for a good while and maintained its position at the top for a good reason. Development is constantly going on, new plans are being made.

Just tough to roll things out the bigger the network gets.

[francois-cooper]

when yu look at the chart, yu see weekly W in others bigger W.
It is bullish.

[MUG1WARA]

Ethereum is not going die just because of the crazy hgas fees it having now, the ETH 2.0 release will solve that issue hopefully, but no doubt due to the high gas fees Ethereum as gave way for other projects like BNB and  DOT to shine, BNB has benefited more since its offer cheaper gas fees and unlike the Binance Smart Chain is just like Ethereum, so it was easy for people to just blockchain that is just like Ethereum, but offers lesser gas fees than eth.

[Tash]

Ethereum is not going die just because of the crazy hgas fees it having now, the ETH 2.0 release will solve that issue hopefully, but no doubt due to the high gas fees Ethereum as gave way for other projects like BNB and  DOT to shine, BNB has benefited more since its offer cheaper gas fees and unlike the Binance Smart Chain is just like Ethereum, so it was easy for people to just blockchain that is just like Ethereum, but offers lesser gas fees than eth.

All a matter of economics whoever can produce cheapest fees wins. Lets face it if you sent $5 to your friend he likes to receive as much as possible, if you use a system where he only receives a dollar he will not be a happy chap.
BTW, ETH 2.0 was released long ago.

[armanhusni]

In my opinion, ethereum will continue to run as the season passes, but it is not easy for other alters to replace ethereum, especially from the ethereum developer itself that continues to scale up its blockchain and strengthen the ethereu network, even though the problems that ethereum have been experiencing have been very long, but ethereum still has enthusiasts who there are still many so there is no problem with ethereum prices in the market.