Is Ethereum going to Die?

[fvb]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

[1715162419]

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[tsaroz]

Nothing would live forever. But it would probably outlive me.
Ethereum has been a leader and continuous improvement to the blockchain has again made it competitive. There are several external projects that aims at making ethereum easier and they are getting real attention, this also points out that people are more hopeful and believe in Ethereum than any of it's competitors.

[bakasabo]

I think that people who think that Ethereum will die make this conclusion after seeing how Ethereum price reduced in last 2-4 weeks, compared to how other altcoin and Bitcoin prices recovered. You people should remember how in winter Ethereum showed tremendous growth, reaching new ATH. Almost every day price has added tens or hundreds of dollars. Previously price went up sharply, now it goes straight now. Everything is naturally.

[LUCKMCFLY]

While BTC continues with its great life, I also have a coins that will most have life is, however now seeing everything from the point of view that ETH is recovering very fast, it must be very prudent, according to this article, according to this article.

Even if ETH surpasses its local resistance, the journey upward will be difficult. Given the dominant bearishness in the market, ETH’s next strong resistance was marked at $2,279 – a 13% appreciation from $2,029. Traders’ support will prove to be crucial at this point.

And the conclusion:

Given the dominance of the bears, ETH may move between $2,029 and $1,831. However, this was possible if no disruption was felt in the Bitcoin market. A change in BTC trend could lead ETH to also follow its path, pushing the market in the unpredictable zone.

Source: https://ambcrypto.com/ethereums-momentary-bullishness-is-threatened-by-this/

It is necessary to take care of the great emotions and do not allow us to make mistakes in the market, this does not mean that it is endangered eth, but the particular economies ours, although BTC is the king, ETH follows his direction.

[Meta anggraini]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.

[Sayeds56]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.

If you look at the number of new project being launched om Binance smart chain since past 6months that will tell you the whole story. I agree that Ethereum is a Big network and big name in crypto Industry but the way its fee is rising it will force New projects to go to alternatives like Polkadot and Matic. The Ethereum 2.0 may reduce the Transaction fee but that remains to be seen.

[mamahdedeh]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.

If you look at the number of new project being launched om Binance smart chain since past 6months that will tell you the whole story. I agree that Ethereum is a Big network and big name in crypto Industry but the way its fee is rising it will force New projects to go to alternatives like Polkadot and Matic. The Ethereum 2.0 may reduce the Transaction fee but that remains to be seen.

It is logical that if consumers want an effective and efficient network, of course they will look for something like BSC which is more efficient in transfer fees. but so far ethereum still has faith in crypto, so I think it's very hard to die

[sammy21]

It is logical that if consumers want an effective and efficient network, of course they will look for something like BSC which is more efficient in transfer fees. but so far ethereum still has faith in crypto, so I think it's very hard to die

If ETH has fixed the problem of cost efficiency that has been happening so far, the market focus will return to ETH, because many have switched to other platforms such as BSC due to transaction fee problems, not even a few have switched just because as a temporary substitute while waiting for the transaction fee problem to be resolved at the end of the year. ETH, ETH won't be easy to die even to shift the rank 2 position he currently occupies.

[Quantum907]

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 largest coin after bitcoin out of more than 10500 coins and tokens, don't say ethereum is dead because of the price drop, I'm sure ethereum will rise again soon.

[Farma]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.

sometimes, people are tired of waiting for the development of a coin until they think like that. I also once thought that the price of ethereum would fall down. however, right now I wouldn't think so. I think it will only make us hesitate in holding coins. I used to think like that, and lost the moment to sell ethereum at such a high price. Right now, I don't want to lose that moment again.

[vermigerous]

I think it's not easy for a top coin to easily die although it's still possible, however for a top coin to die it must first lose its market value and it's volume supply in the market. Ethereum has a big potential, even it decrease it's price for now, it cannot die easily since it started in a point that it has low value.

[killerfrost]

I think it's not easy for a top coin to easily die although it's still possible, however for a top coin to die it must first lose its market value and it's volume supply in the market. Ethereum has a big potential, even it decrease it's price for now, it cannot die easily since it started in a point that it has low value.

We all understand how it stands for this market. In my opinion, ETH will always be the altcoin with the largest position in the market, in general its changes are very significant over time.

[Sayeds56]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.

sometimes, people are tired of waiting for the development of a coin until they think like that. I also once thought that the price of ethereum would fall down. however, right now I wouldn't think so. I think it will only make us hesitate in holding coins. I used to think like that, and lost the moment to sell ethereum at such a high price. Right now, I don't want to lose that moment again.

You are absolutely right that people are tired of waiting for Ethereum upgrade to complete and see some improvement in its transaction speed resulting in reduction in fee but it is not happening. Let's hope that this upgrade comes to an end and upon completion, meets expectations of Ethereum Investors/Traders.

[CokeCoin]

The main problems of Ethereum are high commissions and slow scalability - problems that EOS is solving better. But first of all the altcoins are tied to Ethereum and secondly it keeps developing, moving to Proof-of-Stake will solve lots of Ethereum problems (not all of them of course). For EOS there are still a lot of goals to reach but in future it will definitely be the main Ethereum competitor. I don't think any of these coins will die

[hodap]

Can't figure it out. How can he be dead if there are so many different projects tied to him? Used by many users and traded in many places. This is a giant network.

Agree, the possibility only if the network became very slow and very expensive then the users and project will leave the network.
Otherless its impossible for a huge network like Ethereum to be died.

sometimes, people are tired of waiting for the development of a coin until they think like that. I also once thought that the price of ethereum would fall down. however, right now I wouldn't think so. I think it will only make us hesitate in holding coins. I used to think like that, and lost the moment to sell ethereum at such a high price. Right now, I don't want to lose that moment again.

You are absolutely right that people are tired of waiting for Ethereum upgrade to complete and see some improvement in its transaction speed resulting in reduction in fee but it is not happening. Let's hope that this upgrade comes to an end and upon completion, meets expectations of Ethereum Investors/Traders.

This is the biggest bottleneck Ethereum is now fighting with and the users and investors are becoming more and more impatient. Understandably they start to lose trust slowly and we need an urgent upgrade as soon as possible. It has been said already though that it will take at least another year.

[DrBeer]

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.

Now Ethereum resembles a Colossus with feet of clay. On the one hand, it is essentially the founder of samart-projects. He has a great story, millions of fans and so on. On the other hand, there is an uncontrolled rise in the cost of gas for transactions, a slowdown in the network ... Well, and many other, small, but unpleasant "moments". How they will fix it - there is no clear picture yet. But the market needs change. And now Ethereum has become hostage to its popularity.

[Flowzer]

The main problems of Ethereum are high commissions and slow scalability - problems that EOS is solving better. But first of all the altcoins are tied to Ethereum and secondly it keeps developing, moving to Proof-of-Stake will solve lots of Ethereum problems (not all of them of course). For EOS there are still a lot of goals to reach but in future it will definitely be the main Ethereum competitor. I don't think any of these coins will die

It could be solved with EOS 2.0 and the PoS mechanism, but if it too long to be developed than i doubt people want to wait that long.
For EOS, its have a unique thing on the network like account based rather than address based, but its also something that prevent people to use the network since u need to pay some dollars to create the account.

[aditasetia123]

how many times ethereum said to be die , i am heard since few years ago while there are alot competitors in market. We see now matic, solana , binance smart chain and other platform that trying to compete and replace etheereum platform , but most of them didn successfully 100% . Ethereum still be king and even community being greater than before

[john1010]

It will not, Ethereum has a solid community, platform and partners, but I always doubt that many of the erc20 token that are using the smartchain could be, and many of the old project has been died already and they are gone, that is the saddest part, there are so many good project before but now, they are not existing and the others are discontinued it is because of the old time problem of eth chain, very slow, and the high transaction fee, and that is the problem that ethereum must be address.

[hichamito37]

ETH is the best altcoins I've ever known. ETH's dead, this really can't happen. High fees are not eth killing problems. I believe vitalik will overcome that next year and bring ETH back to the throne of altcoins.