Is Ethereum going to Die?

[grabpopcorn536]

Transaction costs on ETH are on the rise and that's the biggest minus. Also, solidity is a programming language that hinders developers from building good things on ETH.
The value on ETH is increasing because of the staking mechanism in phase one of the ETH 2.0 upgrade, ETH is included in the DEFI, and many miners are mining ETH. The scarcity of ETH is on the rise.
ETH cannot die even if its technology is worse than other blockchains.

[matchi2011]

Transaction costs on ETH are on the rise and that's the biggest minus. Also, solidity is a programming language that hinders developers from building good things on ETH.

More on the side of having high transaction fees where there are many developers and investors who are now jumping to other chain.

The value on ETH is increasing because of the staking mechanism in phase one of the ETH 2.0 upgrade, ETH is included in the DEFI, and many miners are mining ETH. The scarcity of ETH is on the rise.

There are still investors who continue to scalp this coin and they are willing to take the risk of buying and holding this coin.

ETH cannot die even if its technology is worse than other blockchains.

Being number 2, it's far from reality. There are huge amount  of money that flows from this coin.

[gabbie2010]

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,

With all the complains about the high transaction fee and traffic congestions relating to ethereum users I believed eth developers knows what is at stake and the consequences of losing their teeming users to other network must have been working underground to restore all these abnormalities and put back or relaunch an improved version of ETH  which must have solved all those problems on a good note ethereum cannot die because it had investors who still believe in their project.

[Bay_Harbour_Butcher]

In my opinion, ethereum is not yet dead, indeed now that ethereum has very many rivals / competitors, the most visible thing is its competition with the Binance smart contract or what we are better known as BSC, of course BSC is the main rival of ethereum because of its advantages in terms of very Cheap gas fee. But on the other hand, ethereum has been around for a long time before the BSC, therefore there are many projects / altcoins that have integrated with Ethereum, this is what makes ethereum very strong.

[Marvelman]

... so this topic will become funny over time, LOL.

As I was trying to read and understand what I was reading, I found this little tiny sentence: "developers are trying to scale running Blockchain which is like repairing a car while driving". I guess OP has never heard of testnet.

So, yes. This topic is already pretty funny.

[Gayong88]

In my opinion not. I never hesitate to invest with ETH. ETH itself is very fundamentalist and for now, has the second greatest potential for development after BTC. Regarding congestion and exchange fees which are still high over time, there will be solutions and adjustments by ETH developers.

[Argoo]

In my opinion, ethereum is not yet dead, indeed now that ethereum has very many rivals / competitors, the most visible thing is its competition with the Binance smart contract or what we are better known as BSC, of course BSC is the main rival of ethereum because of its advantages in terms of very Cheap gas fee. But on the other hand, ethereum has been around for a long time before the BSC, therefore there are many projects / altcoins that have integrated with Ethereum, this is what makes ethereum very strong.

When bitcoin had a price of about $ 64,000 prior to the last drop, ethereum climbed slightly above $ 2,500. It now has a price tag of about $ 55,000 and ethereum $ 2,637. This coin is still more alive than all living cryptocurrencies. Hopefully, with a successful update, the ethereum price will be above $ 5,000 this year.

[blockman]

When bitcoin had a price of about $ 64,000 prior to the last drop, ethereum climbed slightly above $ 2,500. It now has a price tag of about $ 55,000 and ethereum $ 2,637. This coin is still more alive than all living cryptocurrencies. Hopefully, with a successful update, the ethereum price will be above $ 5,000 this year.

$5,000 - $10,000.
Those are the prices that I've seen that others are hopeful with the price of Ethereum which is likely and longer questionable unlike before. For the past 3 years, Ethereum has able to reach its all time high for this year and it's hard to think of it that it was able to reach this high but it's real.

[ZaraCB]

$5,000 - $10,000.

We all hope that Ethereum will cross $5000. Ethereum has that potentiality. According to the ratio of Bitcoin and ethereum that was pumped during the bullrun of 2017, now ethereum is not pumped according to that ratio. Now ethereum is pumping slowly but the hope is that it is pumping continuously.

[Godwinpaul]

Ethereum has been on her glory until lately when the network became congested and transaction fees spiked high. I've been hearing about the ethereum 2.0 and I learnt that the first phase began around the ending of last year, but I'm yet to see any substantial developments so far. I know ethereum is still present and her demise is not in the near future.

[Nivia1st]

the likelihood of ethereum dying is more unlikely than a market crash. Even if their platform is less desirable and many have switched over, Eth is here to stay. it is very difficult to make a coin with a large market cap disappear in the market. So this is impossible even in the future.

[KimmyF]

In my opinion, ethereum is not yet dead, indeed now that ethereum has very many rivals / competitors, the most visible thing is its competition with the Binance smart contract or what we are better known as BSC, of course BSC is the main rival of ethereum because of its advantages in terms of very Cheap gas fee. But on the other hand, ethereum has been around for a long time before the BSC, therefore there are many projects / altcoins that have integrated with Ethereum, this is what makes ethereum very strong.

Absolutely right Ethereum is not going to die yet, especially not until the next big update next year. BSC just decreases the transaction cost that's it, where Ethereum blockchain has a strong community. Even when I was using a "Trust wallet", I wasn't surprised about the transaction and process. If only ETH can minimize this high transaction cost, Binance smart chain could lose this strong support for the users.

[Bilgent]

I don't expect Ethereum to die soon. As long as it is continuing to be updated, things will be better for ETH. But there is a very big problem with the fees of course. Whenever people make a lot of transactions on the network, we see its reflection on the fee amounts. This can't go on like this and I hope it won't.

[odukoyaewatomi27]

I don't see it occurring, regardless of whether Ethereum isn't performing above assumption it is as yet going to be the most utilized token and smart contract locally and the expense isn't generally that high, there were times that affirmation and charges are simply the issue but it settle, recollect the times of the massive hype, where there were huge traffic but it didn't last, at this moment the charge isn't unreasonably high.

[Alert31]

Ethereum transaction fee now is much lower than from the past months. Also, Ethereum has a huge demand despite of higher gas fee many people still use it which we can prove that it will not going to die. It also have an update to come which is good, so if it will happen and everything goes smooth for Ethereum, it will surely attract more users and investors again.

[Alohadanc3]

I can't see any possibility that ethereum gonna die any soon or any day. At this point ethereum is one of the biggest platform based token in the world. It has a huge community and  great 3rd party dev support. And day by day it's just growing more. At this point ethereum have some problems bloke high fees tx Speed butbafter eth2.0 ethereum will fix those. I I think at that point ethereum will grow more.

[cyriljundos]

I dont think so. We know that ethereum is second to bitcoin in terms of popularity and markep cap. theres bo way that ethereum would die and got dump . We known that eth has more project on going partners which is the erc20 compatability which is good and effective in these crypto world.

[nykka]

There are many new blockchains which compete with Ethereum and they also can have advantages comparing to the ETH, but I don`t think it`s dying. Most apps and protocols work with Ethereum, this blockchain has really huge followers base. which can lead Ethereum to new heights. Ethereum is a historical crypto, so it won`t die so early

[lalabotax]

I don't know why but I always want to laugh every time reading this kind of FUD.
There are so many haters of crypto including Ethereum. ETH has ever dropped very drastically reaching under $200. But it doesn't die and continue to have more than 10 times bigger than previously. In fact, ETH can still survive and then continue the progress to be one of the most promising and reputable coins in the world.

[zulfi125]

Everyone is worry about the fees, Etherreum is the best network for new projects launch on ETH network, and most of the big projects was launched on Ethereum but due to high gas fees most of the project moving on BSC network and also users using BSC network and other like Polka dot and most of the users not using Ethereum network, so I think in coming months ETH will die.