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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
terrific
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June 28, 2021, 05:35:51 AM
 #781

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.
The fees have came down, look at BSC and it is now the one being crowded which is for sure making the fees high.
Eth fee is now low and it is the top of all altcoins, it is bery unlikely that it will be dead.

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June 28, 2021, 07:06:30 AM
 #782

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.

Everything that lives will die, that's for sure, ethereum and crypto will die, maybe it will be replaced with something else. The big problem for me is can I get any benefits before I die?

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June 29, 2021, 12:09:30 AM
 #783

The problem is that today Ethereum cannot offer a real solution to its problems. And the new alts, in addition to supporting smart contracts, with a fairly simple migration of smart contracts, offer many more interesting features on their platforms. At the same time, the developers of Ethereum, now all efforts are thrown into solving the balance of the cost of transactions, and subchains, which are implemented by default in many alternatives. The question is - for the survival of Ethereum, it must have really unique features in order not to lose its positions and defeat competitors. BUT. Instead of developing features, the key tasks of the system are currently far from new functionality, but only fix problems. What is much inferior to competitive projects

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June 29, 2021, 12:23:21 AM
 #784

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.
It think its impossible for the etherium to die, because most of the projects now are in etherium base. Now that its value got higher than before and etherium is one of the best investments for a long term. As of now etherium is one of my best choice in choosing to invest my money and i have it in my wallet.

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June 29, 2021, 07:15:23 AM
 #785

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.
It think its impossible for the etherium to die, because most of the projects now are in etherium base. Now that its value got higher than before and etherium is one of the best investments for a long term. As of now etherium is one of my best choice in choosing to invest my money and i have it in my wallet.
right, currently ethereum is still ranked second after bitcoin, and we can see that this year's peak exceeds the previous peak price. Besides that, with many investors who believe in eth, I think it is difficult to shift eth, especially now that eth gas has gone down

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June 29, 2021, 07:26:33 AM
 #786

Why do you think that it is going to die in 2021? I know price is an important factor, but for a second disregard it. Back in march and April, everyone was claiming ETH, BTC, insert altcoin was going to the moon and everyone will be rich. That was a few months ago and price plays with emotions.
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June 29, 2021, 06:14:35 PM
 #787

The problem is that today Ethereum cannot offer a real solution to its problems. And the new alts, in addition to supporting smart contracts, with a fairly simple migration of smart contracts, offer many more interesting features on their platforms. At the same time, the developers of Ethereum, now all efforts are thrown into solving the balance of the cost of transactions, and subchains, which are implemented by default in many alternatives. The question is - for the survival of Ethereum, it must have really unique features in order not to lose its positions and defeat competitors. BUT. Instead of developing features, the key tasks of the system are currently far from new functionality, but only fix problems. What is much inferior to competitive projects

I find it weird I'm starting to defend ETH a lot these days but I've personally been convinced that they offer the right solutions at an approach that is conservative enough. Very similar people argue Segwit and LN were not real solutions to scalability problems (but they were!).

I think ETH is ultimately wrong do go POS but I'm happy they did and we can find out if that really is viable for security.

I think fixing problems as they come is a privilege for bit networks:)

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June 29, 2021, 09:45:25 PM
 #788

The problem is that today Ethereum cannot offer a real solution to its problems. And the new alts, in addition to supporting smart contracts, with a fairly simple migration of smart contracts, offer many more interesting features on their platforms. At the same time, the developers of Ethereum, now all efforts are thrown into solving the balance of the cost of transactions, and subchains, which are implemented by default in many alternatives. The question is - for the survival of Ethereum, it must have really unique features in order not to lose its positions and defeat competitors. BUT. Instead of developing features, the key tasks of the system are currently far from new functionality, but only fix problems. What is much inferior to competitive projects

I find it weird I'm starting to defend ETH a lot these days but I've personally been convinced that they offer the right solutions at an approach that is conservative enough. Very similar people argue Segwit and LN were not real solutions to scalability problems (but they were!).

I think ETH is ultimately wrong do go POS but I'm happy they did and we can find out if that really is viable for security.

I think fixing problems as they come is a privilege for bit networks:)


This is not a defense, this is a real assessment of the situation, slightly seasoned with personal preferences Smiley Conservatism in such a dynamic and volatile market can create big, or rather, irreparable problems. 5 years ago, no one thought that in the crypto world there might be something from the "great" other than bitcoin. But time has shown that bitcoin is certainly a "fundamental" system, but functionally it is already far behind progressive concepts.

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June 29, 2021, 10:12:09 PM
 #789

of course he will not die, it is still a reliable network, but recently his popularity has been decreasing, and the same BSC, on the contrary, is increasing
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June 29, 2021, 11:28:25 PM
 #790

~

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

Its cant be die unless all node shutdown the network, the problem is if many users leave the network, it will lead to that condition. So, we hope ETH 2.0 come soon and really solve the problem.

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June 30, 2021, 02:08:40 AM
 #791

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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

Its cant be die unless all node shutdown the network, the problem is if many users leave the network, it will lead to that condition. So, we hope ETH 2.0 come soon and really solve the problem.
I think ethereum already has plans to develop its products, until now many still believe in it, it's just that yesterday the ethereum network had a high gas rate, but for me it was just a temporary problem and will eventually be resolved with new innovations later

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June 30, 2021, 07:19:21 AM
 #792

eth its backbone for smaller coins. Aeternity attract money throught Eth
I do not know if Aeternity is a good investment.
Ethereum sure is a good investment but I think that I won't agree with you about Aeternity.

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June 30, 2021, 09:12:32 AM
 #793

Personally I view Ethereum more than an investment vehicle similar to Bitcoin. Both aren't going to solve the underlying problems (that's what Cardano and Polkadot are for) but are too entrenched and too big to fail.

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June 30, 2021, 09:37:05 AM
 #794

eth its backbone for smaller coins. Aeternity attract money throught Eth
I do not know if Aeternity is a good investment.
Ethereum sure is a good investment but I think that I won't agree with you about Aeternity.

You are completely right about Aeternity. Just check this members post history and you will see that he only praises Aeternity in all his posts. This is called shilling. I dont know why would anyone buy Aeternity. Check them on coinmarketcap. While everyone gained thanks to Bitcoin rally, Aeternity managed to lose.

Speaking about Ethereum - my mobile tracking app and exchanges notifications often sends me info about Ethereum price changes (nearly every hour). Isnt it a proof that there is a lot of interest in Ethereum? And how can die something that has such an interest or demand in it?

 
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June 30, 2021, 01:17:41 PM
 #795

This is not a defense, this is a real assessment of the situation, slightly seasoned with personal preferences Smiley Conservatism in such a dynamic and volatile market can create big, or rather, irreparable problems. 5 years ago, no one thought that in the crypto world there might be something from the "great" other than bitcoin. But time has shown that bitcoin is certainly a "fundamental" system, but functionally it is already far behind progressive concepts.

Thanks for your response, and sometimes I wish I didn't get so deep into this forum, get offended and all that:) I think you're right, we're all seasoning our comments with personal preferences that sometimes we forget is not necessarily how the majority of the world sees it.

I do agree with you that being conservative in crypto can be a negative aspect and that's a lot of the reason why people think Bitcoin is a slow mover and will lose 1st mover advantage, lessons of tech tell us this doesn't last long. This I agree with you on some level.

BUT I think Bitcoin is right to be conservative and ETH too (after a period where it wasn't) -- as it seems to have fulfilled its desired objective, whereas progressive concepts that claim to "bank the unbanked" or "finance for the masses" actually have really only served to benefit more of the same few. And made life worse for those it is supposed to help (with liquidity drains, rugpulls, etc, which are not issues with Bitcoin).


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July 02, 2021, 06:30:03 AM
 #796

eth its backbone for smaller coins. Aeternity attract money throught Eth
I do not know if Aeternity is a good investment.
Ethereum sure is a good investment but I think that I won't agree with you about Aeternity.

You are completely right about Aeternity. Just check this members post history and you will see that he only praises Aeternity in all his posts. This is called shilling. I dont know why would anyone buy Aeternity. Check them on coinmarketcap. While everyone gained thanks to Bitcoin rally, Aeternity managed to lose.

Speaking about Ethereum - my mobile tracking app and exchanges notifications often sends me info about Ethereum price changes (nearly every hour). Isnt it a proof that there is a lot of interest in Ethereum? And how can die something that has such an interest or demand in it?
I didn't checked it and thanks that you have found it out.
People that keep on praising a project, a not popular project, sure he is into it and invested a lot on it.

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July 02, 2021, 08:48:16 AM
 #797

Ethereum has the chance to become the top 1 cryptocurrency in the future, as they have a strong background and Vitalik Butering as a leader.
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July 02, 2021, 09:57:23 AM
 #798

eth its backbone for smaller coins. Aeternity attract money throught Eth
I do not know if Aeternity is a good investment.
Ethereum sure is a good investment but I think that I won't agree with you about Aeternity.
Ethereum is a popular investment other than Bitcoin. As I reviewed about Ethereum there are lot of news about it and it just tell that even though ethereum changes its price but it doesn't mean that it will going to die, instead it means that there are lot of people interested on it. Ethereum is a popular cryptocurrency, just like bitcoin, it also rise and experiencing downfall but maybe it has a reason on turning its price red in crypto market. Maybe the reason why ethereum experiences it because they are just processing everything about it and maybe it will become the top 1 cryptocurrency in the future, as they have a strong and good background.

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July 02, 2021, 10:52:04 AM
 #799

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.

Everything that lives will die, that's for sure, ethereum and crypto will die, maybe it will be replaced with something else. The big problem for me is can I get any benefits before I die?

All of us small time investors and traders are really dreaming and longing for a big paycheck too mate. Possibly Ethereum and the other good alts will be able to deliver that to us but until the time comes we just have to wait for that to happen and continue trading and continue with our small activities at crypto. You have to have the patience so that we can make good decisions in our trading and investing strategies. I don't know if we are going to make it for another 10 years but from the looks of it, the hardcore Bitcoiners have made a fortune after 11 years so I think we can to with our Ethereum investments.

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July 02, 2021, 02:47:16 PM
 #800

Why Ethereum will Die. Eth is top 2 coin on coinmarketcap. Its use was has been declining for some time due to its high gas fees. But as gas fee become normal, its use is increasing again

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