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Author Topic: Is Ethereum going to Die?  (Read 19638 times)
southerngentuk
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June 16, 2021, 03:10:33 AM
 #741

What is death for ETH?
ETH will always be the strongest altcoin in this market, and that's still happening.

I'd say it's hard for an Altcoin to always remain on the top, There are many layers to the services certain altcoin provides.
If new altcoins is there along that's revolutionary and does everything some famous altcoin as ETH does then it could replace it "I know it will be hard but there's still a chance"
Tech is continuously changing and so is the needs of people in the Crypto space and ETH took a lot of time to cover ETH's high fees issue, Therefore leading many potential altcoins to go on the rail with Binance Chain, So coin should be able to adapt if there are any drawbacks, That's just an example.
Yes I am not denying what you are saying, where is the competition?
I don't see many projects that can directly compete with ETH in all fields, BNB can be seen as one of the factors that can compete with ETH. But actually I think you will understand what is going on, moreover ETH is always listening, and they are still working on development, their upcoming updates are really looking forward to.

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June 16, 2021, 03:14:46 AM
 #742

Personally, I don't see Ethereum dying. It seen huge gains over the past year and I think it's so popular now that there is very little chance of it. Ethereum has also been great about keeping things up-to-date and changing with the times (like switching to Proof of Stake). The creators of Ethereum know what they're doing and they have proved to everyone their blockchain is one which they plan to keep updating and improving. Over time I believe we're only going to see Ethereum improve, and hopefully go up in value!
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June 16, 2021, 11:19:29 AM
 #743

As we can see, judging by the commissions, Ethereum does not die and the majority continue to use it. The team also develops the network by providing updates.


I am also of your opinion, Ethereum continues to evolve and this cannot lead to the "death" of this coin.

Ethereum will undergo an upgrade in 2022. The new version of ETH will not only push many people to stack their Ethereum in ETH 2.0, but will also increase the efficiency of the blockchain as the platform moves from consensus to proof of performance PoW Consensus Consensus (PoS).

I don't think the interest in Ethereum will go away any time soon, especially with various forecasts for the price of Ethereum rising to $ 15K - $ 20K and even a larger market cap than Bitcoin.
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June 16, 2021, 11:26:12 AM
 #744

~snip

I don't think the interest in Ethereum will go away any time soon, especially with various forecasts for the price of Ethereum rising to $ 15K - $ 20K and even a larger market cap than Bitcoin.

Ethereum is the network with most developers included in the development and there is the real strength
whatever trashes on the network, there is bunch of developers to take care in network best interest and made resilient network and that should be the key for further development

will it become the largest crypto is the question for the future, no one can know that

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June 16, 2021, 02:31:27 PM
 #745

Ethereum will not die easily because it has long had strong fundamentals most of which will be born to make comparisons and it will be difficult if the comparators are not able to make the market attractive now quite a lot of networks like ethereum are used

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June 17, 2021, 04:11:19 AM
 #746

This is depending on the development of Ethereum itself. More competitor of Ethereum is growing rapidly like Binance smart chain, and there are also others smart contract project that promising more benefits than BSC. Take alook on Solana project, i have been try to send and make transaction token SPL  /Solana Program Library to from exchange to other wallet and the fee transaction is near zero with faster comfirmation time. All crypto community will prefer to use this smart contract than expensive one. But I believe Ethereum will become much better in the future, because ETH is the leader of smart contract platform and the ecosystem currently is very strong.

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June 17, 2021, 04:45:24 AM
 #747

~snip

I don't think the interest in Ethereum will go away any time soon, especially with various forecasts for the price of Ethereum rising to $ 15K - $ 20K and even a larger market cap than Bitcoin.

Ethereum is the network with most developers included in the development and there is the real strength
whatever trashes on the network, there is bunch of developers to take care in network best interest and made resilient network and that should be the key for further development

will it become the largest crypto is the question for the future, no one can know that

While this has always been one of my arguments for Ethereum as well, you should also keep in mind that developers don't stay forever just for the sake of staying. Developers can go anywhere as they are a valuable resource. They can even port the projects from one chain to another. Ethereum must be extremely careful over the next 12 months to not lose track of BSC. It's already been said that there will be massive delays. Imagine you'd be a developer, would you have a limit in regards to being patient? I would for sure!

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June 17, 2021, 09:42:08 AM
 #748

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 believe that Ethereum will not die, although the price is having such a big dip now if we compare to one month ago when the price reach ATH $4100.
Binance, EOS, or even Polka Dot will make the market more interesting because they will compete with each other to serve the best for traders and investors.

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June 17, 2021, 02:20:57 PM
 #749

Many bigger investor hold and buy ethereum how come die, will they sell ethereum with lower price or not? Impossible have any investor want to sell their coin with lower price because they want more money and profit when buying ethereum, maybe ethereum can die when bitcoin loss management control and many country make fud but very impossible this happen.
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June 17, 2021, 02:35:20 PM
 #750

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.

So about 6 months after the OP has posted, it's still clear that ETH is the king of the hill, and will remain that way.
Sure, other networks are good, but there's only one DeFi daddy, and that one is Ethereum
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June 19, 2021, 02:26:06 PM
 #751

People thought bitcoin was going to die 5 or 10 years back. You never know what the future holds for ethereum. It's a vast ecosystem now, things could change really fast.

Our greatest glory is not in never falling, but in rising every time we fall. ~ Confucius
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June 19, 2021, 03:05:12 PM
 #752

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 is the second strongest coin with a market cap of more than 260 B, I think ethereum will continue to grow because of thousands of ERC-20 based tokens that rely heavily on ethereum.
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June 19, 2021, 03:25:15 PM
 #753

Once it was Bitcoin and now the same is happening with ethereum. In the past whenever there is good growth with bitcoin followed by crash in the market there'll be discussing popping up Bitcoin is towards death. With its massive growth over the years now bitcoin has outlawed every such statements.

Now the eye has moved towards ethereum which stands big next to Bitcoin. No matter whatever the thinking, the continued development keeps ethereum growing big.

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June 19, 2021, 03:55:18 PM
 #754

Once it was Bitcoin and now the same is happening with ethereum. In the past whenever there is good growth with bitcoin followed by crash in the market there'll be discussing popping up Bitcoin is towards death. With its massive growth over the years now bitcoin has outlawed every such statements.

Now the eye has moved towards ethereum which stands big next to Bitcoin. No matter whatever the thinking, the continued development keeps ethereum growing big.

The wording is also nonsense. I can't take anyone seriously who talks about "death" of a network like Bitcoin or Ethereum. It shows they haven't quite understood how these distributed protocols work.
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June 19, 2021, 05:06:41 PM
 #755

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 is the second strongest coin with a market cap of more than 260 B, I think ethereum will continue to grow because of thousands of ERC-20 based tokens that rely heavily on ethereum.
Ethereum is indeed very strong in terms of fundamentals or marketcap,
it has been more than 5 years that Ethereum has been able to be in the top 3 coinmarketcaps,
and the OP said Ethereum will die? I will answer loudly if I am in front of him, IT WILL NOT DIE!,
haha, buy Ethereum and you will understand about this project.

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June 19, 2021, 05:25:02 PM
 #756

I'm not thinking. But always ETH follows BTC. So if the BTC pull back surely ETH will moon. But current news and updates not favour for  uptrend market, I guess we need to be patient at this time.
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June 20, 2021, 06:36:31 PM
 #757

I'm not thinking. But always ETH follows BTC. So if the BTC pull back surely ETH will moon. But current news and updates not favour for  uptrend market, I guess we need to be patient at this time.
Now have dump eth price and I will open long position with eth on future if have much money, I think tomorrow have Monday and could make bitcoin or ethereum back to higher price, use 125x lev is better how to get much profit with ethereum long position, just after weekend bitcoin and altcoinw ill growing up above 10% or 20%, you can check tomorrow and get much profit if you want to get long position right now.
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June 20, 2021, 09:38:38 PM
 #758

Many bigger investor hold and buy ethereum how come die, will they sell ethereum with lower price or not? Impossible have any investor want to sell their coin with lower price because they want more money and profit when buying ethereum, maybe ethereum can die when bitcoin loss management control and many country make fud but very impossible this happen.
Ill think that was only a prediction about the OP said about etherium would be going to die or not but for us we always seen etherium are still alive making a comeback. And yes many investor holding and buying always etherium because this etherium is one of the top coins in the market and a trusted one to invest. The one can called etherium will be going to die are those people not knowing about crypto currency.

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June 20, 2021, 10:41:20 PM
 #759

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 is the second strongest coin with a market cap of more than 260 B, I think ethereum will continue to grow because of thousands of ERC-20 based tokens that rely heavily on ethereum.
Ethereum is indeed very strong in terms of fundamentals or marketcap,
it has been more than 5 years that Ethereum has been able to be in the top 3 coinmarketcaps,
and the OP said Ethereum will die? I will answer loudly if I am in front of him, IT WILL NOT DIE!,
haha, buy Ethereum and you will understand about this project.

OP didnt said the price will going down, he said that Ethereum network will die (lack of user) since the Network is slow and huge fees. Its already a while and its a bit true, many users move from ETH to BSC or another platform. Even theres still many users who able to pay the huge fees for fast transactions, but i think nowadays the condition going better for Ethereum network and the users will come back naturally.

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June 22, 2021, 05:43:13 AM
 #760

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 is the second strongest coin with a market cap of more than 260 B, I think ethereum will continue to grow because of thousands of ERC-20 based tokens that rely heavily on ethereum.
Ethereum is indeed very strong in terms of fundamentals or marketcap,
it has been more than 5 years that Ethereum has been able to be in the top 3 coinmarketcaps,
and the OP said Ethereum will die? I will answer loudly if I am in front of him, IT WILL NOT DIE!,
haha, buy Ethereum and you will understand about this project.

OP didnt said the price will going down, he said that Ethereum network will die (lack of user) since the Network is slow and huge fees. Its already a while and its a bit true, many users move from ETH to BSC or another platform. Even theres still many users who able to pay the huge fees for fast transactions, but i think nowadays the condition going better for Ethereum network and the users will come back naturally.
Indeed, currently the interest of BSC is getting higher, many of the projects are using this network. most of us complain about the cost of the ethereum network, I think this will make it a job for ethereum to be able to compete, where crypto users can certainly make transactions cheaply and quickly

It is not that the Ethereum developers didn't know about the transaction throughput bottleneck. It is that they valued other components of the network higher in the beginning and they still do but are now at work to get everything aligned in the best interest of the user.
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