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Author Topic: Ethereum Will Not Devalue To Zero  (Read 1147 times)
jostorres
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August 09, 2022, 03:11:53 PM
 #121

With all the recent FUD being created against ETH. I am in conclusion that ETH will not dissolve down to zero value ever.
As it has been around for some time and has survived many times over when other crypto projects have come and gone.

Sure with the forking coming up, there will be some change. However ETH will always have a value/ just right now the price is down, but it only means good time to buy in and get more.

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?

I hate to say they never will fall to zero.  All it takes is one massive exploit like luna saw to get dropped to basically nothing.  I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks.  
Why hate? Tell me, do you have any hate on eth? Or maybe you are one of those who says that eth is a sh8tcoin. It's impossible that eth will be exploited because this coin is the most secure among all altcoins. Same with btc, there also no exploits that happened to it because if there are then they won't get this far although there's only factors which can affect their values resulting for them to decline but they can do some fix for their value to recover again. You mentioned luna right there.

Old luna may be worth almost nothing now but they did a comeback because another new luna is created on the market. I am not only sure though if it can last long.

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August 11, 2022, 03:22:33 PM
 #122

With all the recent FUD being created against ETH. I am in conclusion that ETH will not dissolve down to zero value ever.
As it has been around for some time and has survived many times over when other crypto projects have come and gone.

Sure with the forking coming up, there will be some change. However ETH will always have a value/ just right now the price is down, but it only means good time to buy in and get more.

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?

I hate to say they never will fall to zero.  All it takes is one massive exploit like luna saw to get dropped to basically nothing.  I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks. 

Not sure if they are comparable or there are exploits on Ethereum that has never been discovered by hackers or cyber criminals. But I would agree that it is unlikely to happen. The project have been existing for many years already and so far none has occurred as compare to the Luna debacle (and it might be a set up after all by the people behind).

So to answer the question, no, Ethereum will not go down to 0, similar to Bitcoin.

They are prime movers in the crypto space and people are still going to support them, no matter what. They have the consensus of our community because they have started this crypto revolution.

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August 11, 2022, 10:17:12 PM
 #123

With all the recent FUD being created against ETH. I am in conclusion that ETH will not dissolve down to zero value ever.
As it has been around for some time and has survived many times over when other crypto projects have come and gone.

Sure with the forking coming up, there will be some change. However ETH will always have a value/ just right now the price is down, but it only means good time to buy in and get more.

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?

I hate to say they never will fall to zero.  All it takes is one massive exploit like luna saw to get dropped to basically nothing.  I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks. 

Not sure if they are comparable or there are exploits on Ethereum that has never been discovered by hackers or cyber criminals. But I would agree that it is unlikely to happen. The project have been existing for many years already and so far none has occurred as compare to the Luna debacle (and it might be a set up after all by the people behind).

So to answer the question, no, Ethereum will not go down to 0, similar to Bitcoin.

They are prime movers in the crypto space and people are still going to support them, no matter what. They have the consensus of our community because they have started this crypto revolution.
Considering that it has been sitting #2 in the market for how many years of its existence which does signifies on how good the project is despite of some  cons and issues but still the community do
really put up so much trust on it and able to retain or sustain its ranking in the market.What if there would be application for possible updates and changes in regards to this one?
For sure it would really be getting even more attention and support which it would even more harder for it to be taken down into rankings
thats why i dont see on where they do get those ideas on going value to zero. lol
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August 14, 2022, 12:52:14 AM
 #124

I hate to say they never will fall to zero.  All it takes is one massive exploit like luna saw to get dropped to basically nothing.  I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks. 

Of course. Nothing is guaranteed to last forever. It's very unlikely ETH will drop to zero, due to how long it's been in the crypto/Blockchain space. Not to mention that Ethereum is the most tried-and-tested cryptocurrency after Bitcoin. Solid fundamentals and an ever-growing ecosystem of dApps, tokens, and services around ETH, tells us the probability of ETH dropping to zero is very slim. It's just like saying Bitcoin will drop to zero, when it's been the original cryptocurrency project that started this craze.

The ones who mostly come with such expressions are either ETH haters or simply don't know what crypto/Blockchain tech is truly about. We should just ignore them and carry on with what matters most (which is focusing on "building" to make ETH a better blockchain). As long as ETH prioritizes decentralization, it won't be going anywhere soon. Just my opinion Smiley

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August 14, 2022, 08:19:14 AM
Last edit: August 14, 2022, 09:47:45 AM by lepbagong
 #125

With all the recent FUD being created against ETH. I am in conclusion that ETH will not dissolve down to zero value ever.
As it has been around for some time and has survived many times over when other crypto projects have come and gone.

Sure with the forking coming up, there will be some change. However ETH will always have a value/ just right now the price is down, but it only means good time to buy in and get more.

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?

I hate to say they never will fall to zero.  All it takes is one massive exploit like luna saw to get dropped to basically nothing.  I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks.  
I don't think what happened to Luna falling will ever happen to ethereum. Ethereum founder are not that greedy to go into the same agreement that brings Luna down. We have seeing ethereum facing a lot of challenges in the past but came out of it stronger. In 2019 when I sold some of my Ethereum hold for $78 each I did not know that it would get to $4000 one day but that happened after 2 year.
The last ATH that ethereum got was very good at $4,891.70 although currently there is a decrease of up to -58.93%, obviously not too bad because it happened to bitcoin which is the reference for all coins, compared to the previous ATH the current decline is very far from the value but % is still pretty good.

when you sold ethereum in 2019 actually a year earlier ethereum had reached $1,396 and that was a very good increase. but a year (2020) later there was an increase but it was not significant and it was only in 2021 that there was a sharp increase and renewable ATH was formed.

now it's starting to decline again and it's a natural thing and often done after ATH occurs, so it didn't occur to me that ethereum would be able to decline more sharply and even feared it could become zero, obviously very unlikely to happen, ethereum is still very much needed for many transactions and will obviously continue to exist.

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August 14, 2022, 03:00:27 PM
 #126

yes, it's clear that the Ethereum price will not go to zero, it's just bullshit,
don't you see how the Ethereum Ecosystem continues to grow?,
especially with the change of the PoW algorithm to PoS I'm sure Ethereum will have more holders and communities.

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August 14, 2022, 09:40:55 PM
 #127

bitcoin and Ethereum are the basic of cryptocurrency coins and I don't see them going to zero as much as I believe that bitcoin will not plummet to zero I also does with ethereum also. Those two coins have been there since inception and they are the most safest coin that I can advise anyone to invest in in my opinion, most of the altcoins that are now having their own blockchain started from ethereum before they migrate to their own personal blockchain, ethereum is really a strong project it can't go to zero

I support this position. It seems to me that something very catastrophic must happen for ETH to collapse to zero.

The most likely scenario is that it turns into a centralized currency and thus loses its decentralization and thus its users will gradually abandon it. I know that the applications that are developed on the network using smart contracts are numerous and supported by powerful projects but this is not enough to support the network.
What happened with the Luna network provides a clear example, and applications have been able to migrate to other networks to avoid collapsing as well as developers abandon network support and update.

R


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August 14, 2022, 11:10:17 PM
 #128

bitcoin and Ethereum are the basic of cryptocurrency coins and I don't see them going to zero as much as I believe that bitcoin will not plummet to zero I also does with ethereum also. Those two coins have been there since inception and they are the most safest coin that I can advise anyone to invest in in my opinion, most of the altcoins that are now having their own blockchain started from ethereum before they migrate to their own personal blockchain, ethereum is really a strong project it can't go to zero

I support this position. It seems to me that something very catastrophic must happen for ETH to collapse to zero.

The most likely scenario is that it turns into a centralized currency and thus loses its decentralization and thus its users will gradually abandon it. I know that the applications that are developed on the network using smart contracts are numerous and supported by powerful projects but this is not enough to support the network.
What happened with the Luna network provides a clear example, and applications have been able to migrate to other networks to avoid collapsing as well as developers abandon network support and update.

Yeah, but when Ethereum shift to PoS, they might, at a certain level loses that decentralization? So it's a argument of PoW being not environment friendly against PoS which they might lost decentralization.

But in any case, it is done already, they are moving to PoS, there merger has been successful in testnet. And I'm also in the majority that  Ethereum will not be devalue to Zero. It's too big already, maybe have invested a lot of money, like 32 Ethereum to become a validator.

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August 16, 2022, 06:07:48 PM
 #129

bitcoin and Ethereum are the basic of cryptocurrency coins and I don't see them going to zero as much as I believe that bitcoin will not plummet to zero I also does with ethereum also. Those two coins have been there since inception and they are the most safest coin that I can advise anyone to invest in in my opinion, most of the altcoins that are now having their own blockchain started from ethereum before they migrate to their own personal blockchain, ethereum is really a strong project it can't go to zero

I support this position. It seems to me that something very catastrophic must happen for ETH to collapse to zero.

The most likely scenario is that it turns into a centralized currency and thus loses its decentralization and thus its users will gradually abandon it. I know that the applications that are developed on the network using smart contracts are numerous and supported by powerful projects but this is not enough to support the network.
What happened with the Luna network provides a clear example, and applications have been able to migrate to other networks to avoid collapsing as well as developers abandon network support and update.

Yeah, but when Ethereum shift to PoS, they might, at a certain level loses that decentralization? So it's a argument of PoW being not environment friendly against PoS which they might lost decentralization.

Bitcoin is also exposed to this problem, and perhaps to a greater degree.
The problem of decentralization cannot be matched with any other problem because the premise of network manipulation becomes larger. As for Ethereum, I expect that the major platforms for trading will become the biggest controller, and all cards used in mining will move to mining other currencies. I mean, the problem of power consumption will not stop after this update.

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August 19, 2022, 01:10:08 AM
 #130

Yeah, but when Ethereum shift to PoS, they might, at a certain level loses that decentralization? So it's a argument of PoW being not environment friendly against PoS which they might lost decentralization.

But in any case, it is done already, they are moving to PoS, there merger has been successful in testnet. And I'm also in the majority that  Ethereum will not be devalue to Zero. It's too big already, maybe have invested a lot of money, like 32 Ethereum to become a validator.

Ethereum will lose decentralization with the PoS upgrade, but it'll still be a better option than Solana or any of its competitors. It's very unlikely ETH will go to zero because it's the pioneer of smart contracts. Saying ETH will go to zero is like saying BTC will go to zero. I've said this many times already. The only ones who think ETH will go to zero are none other than haters or those who like to spread a lot of FUD.

Believe me, there's more to Ethereum than meets the eye. There are prominent companies and VCs supporting ETH, so it's likely the cryptocurrency will reach "Mars" at a very fast pace. Who knows if Fiat will go to zero instead of crypto? Just my thoughts Grin

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August 22, 2022, 07:11:03 AM
 #131

With all the recent FUD being created against ETH. I am in conclusion that ETH will not dissolve down to zero value ever.
As it has been around for some time and has survived many times over when other crypto projects have come and gone.

Sure with the forking coming up, there will be some change. However ETH will always have a value/ just right now the price is down, but it only means good time to buy in and get more.

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?

I hate to say they never will fall to zero.  All it takes is one massive exploit like luna saw to get dropped to basically nothing.  I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks.  
I don't think what happened to Luna falling will ever happen to ethereum. Ethereum founder are not that greedy to go into the same agreement that brings Luna down. We have seeing ethereum facing a lot of challenges in the past but came out of it stronger. In 2019 when I sold some of my Ethereum hold for $78 each I did not know that it would get to $4000 one day but that happened after 2 year.
The last ATH that ethereum got was very good at $4,891.70 although currently there is a decrease of up to -58.93%, obviously not too bad because it happened to bitcoin which is the reference for all coins, compared to the previous ATH the current decline is very far from the value but % is still pretty good.

when you sold ethereum in 2019 actually a year earlier ethereum had reached $1,396 and that was a very good increase. but a year (2020) later there was an increase but it was not significant and it was only in 2021 that there was a sharp increase and renewable ATH was formed.

now it's starting to decline again and it's a natural thing and often done after ATH occurs, so it didn't occur to me that ethereum would be able to decline more sharply and even feared it could become zero, obviously very unlikely to happen, ethereum is still very much needed for many transactions and will obviously continue to exist.
The true remains that this market moves in cycles and that is what many people don't understand. Ethereum is the second best coins in term of market capitalization and is a major definer of most of altcoins price and existing so I believe that buy and holding it will never result in loss but the impatient one will ever sell at loses.
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August 22, 2022, 07:44:24 AM
 #132

~snip~

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?
ETH is one of the very popular altcoins and so far investors are still very interested in investing with it because it has been proven that ethereum can provide them with greater returns than other altcoins, I personally strongly believe that ETH will remain in the market and will earn even better value in the future, especially next month the ethereum merger will be officially announced so that it will certainly be a positive trend for ETH price movements.

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August 22, 2022, 05:12:56 PM
 #133

Every friction that occurs and various speculations to destroy eth will always be there. But as you can see, eth will always be fine and run as usual. And you can imagine if the price of Eth reaches zero, I believe that this may be the end of the cryptocurrency's glory

Ethereum is one of the most well-established altcoins and it's getting better each year. It is well founded and has reached different milestones already so getting devalued is really impossible. There are actually upcoming updates about its development that most investors are looking forward to. Eth is actually getting even better so I don't think mocking it would affect it.
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August 23, 2022, 05:19:42 PM
 #134

Every friction that occurs and various speculations to destroy eth will always be there. But as you can see, eth will always be fine and run as usual. And you can imagine if the price of Eth reaches zero, I believe that this may be the end of the cryptocurrency's glory
For bitcoin maybe yes, that once it drops to zero it will now be the end for the whole crypto market because all crypto relies into it but for ethereum? No. The crypto market will still continue and people can move on because there are still other cryptos left. People will easily forget eth because they are not relying on eth anymore but instead of eth, people are now using layer 2 coins.

Still, eth will not devalue to zero but it can add more zeroes into its price now that the merge is getting closer. It can attract investors because they are expecting that the merge can increase the price of eth, more if the transaction fees will revert to normal.

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August 24, 2022, 11:42:29 PM
Last edit: August 25, 2022, 12:44:18 AM by jeha2015
 #135

Every friction that occurs and various speculations to destroy eth will always be there. But as you can see, eth will always be fine and run as usual. And you can imagine if the price of Eth reaches zero, I believe that this may be the end of the cryptocurrency's glory
alot ethereum haters in this market and its normal for us, every projects will attact by fudders which is actually they want buy it cheaply. Ethereum as first smart contract platform , since begining till today has alot problem ,from internal or even external. price moved with high volatility but as we know its still survive now and even getting stronger and stronger.

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August 25, 2022, 10:46:00 AM
 #136

Every friction that occurs and various speculations to destroy eth will always be there. But as you can see, eth will always be fine and run as usual. And you can imagine if the price of Eth reaches zero, I believe that this may be the end of the cryptocurrency's glory
alot ethereum haters in this market and its normal for us, every projects will attact by fudders which is actually they want buy it cheaply. Ethereum as first smart contract platform , since begining till today has alot problem ,from internal or even external. price moved with high volatility but as we know its still survive now and even getting stronger and stronger.
Having a lot of problems doesn't mean that Ethereum is sinking even more and we can see that they continue to improve and develop,
Ethereum will not stop here and I'm sure it will continue to grow,
We'll see what happens in the future and it's interesting to follow

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August 25, 2022, 04:23:43 PM
 #137

Every friction that occurs and various speculations to destroy eth will always be there. But as you can see, eth will always be fine and run as usual. And you can imagine if the price of Eth reaches zero, I believe that this may be the end of the cryptocurrency's glory
alot ethereum haters in this market and its normal for us, every projects will attact by fudders which is actually they want buy it cheaply. Ethereum as first smart contract platform , since begining till today has alot problem ,from internal or even external. price moved with high volatility but as we know its still survive now and even getting stronger and stronger.
When we compare Ethereum transactions over the past couple of months, Ethereum has a greater number of transactions due to the number of coins on the Ethereum Network. There will be a growth and a strengthening of this, making it bigger than before. In terms of volume, Ethereum is the second largest market cap. As the network improves, so will the price of ETH.

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August 25, 2022, 11:24:51 PM
 #138

If ETH get to that point in your head then am sure Crypto is dead at that time I personally think anything below 1k at this time no matter the bear market is a bargain and if you get the chance buy Surely ETH will pump although the L1 space right is swamped so basically returns maybe less than anticpated from my point of view but seriously dont fear ETH is the master of other l1s

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August 27, 2022, 01:36:18 AM
 #139

Ethereum is one of the most well-established altcoins and it's getting better each year. It is well founded and has reached different milestones already so getting devalued is really impossible. There are actually upcoming updates about its development that most investors are looking forward to. Eth is actually getting even better so I don't think mocking it would affect it.

Ethereum is the one who started the "De-Fi" craze, so it's highly unlikely it'll go to zero anytime soon. Competing chains may be faster and cheaper to use for day-to-day payments, but none of them compares to ETH in terms of decentralization/censorship-resistance. It's this reason why I believe ETH won't go to zero. However, I still believe it'll go up in price over time.

There are tons of useful dApps and tokens on the ETH chain, so I'd suggest you pick one that suits you the most. With the PoS merge on the brink of becoming a reality, ETH will become bigger, faster, and stronger than ever. Who knows if it gets to live alongside BTC for generations? Just my thoughts Grin

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August 28, 2022, 09:32:56 AM
 #140

If ETH get to that point in your head then am sure Crypto is dead at that time I personally think anything below 1k at this time no matter the bear market is a bargain and if you get the chance buy Surely ETH will pump although the L1 space right is swamped so basically returns maybe less than anticpated from my point of view but seriously dont fear ETH is the master of other l1s
is it possible to reach the expected point? it is clear that if it happens like that, it is certain that many coins will die first, of course this will make crypto trading less passionate. maybe this is too absurd even though it will always happen in crypto and is not impossible, but of course no one thinks that far.
because if ethereum drops drastically, it is certain that many will buy it, so it's not even afraid to be 0, but it is an opportunity to be able to invest on a large scale because in time ethereum will actually increase. you are right my friend that ethereum will greatly improve in time and not disappear from the market.

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