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Author Topic: What is your view and your opinion about Ethereum?  (Read 1028 times)
Lorence.xD
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February 21, 2024, 06:40:38 PM
 #81

Won't be considered second to Bitcoin for no reason.  Even right now its market price is close to $3k and there's a possibility for the breakout this May due to ETF approval. Given how large its chain is, it is quite not surprising and more of anticipated from Ethereum to be  a good crypto to invest your money with. It has long term progress and development which will for sure make it alive in this industry for long. No wonder why ETH is always on the list of the best coins of this technology.
Ethereum is the king of altcoins as none other altcoins have been able to capture the market like it has been from 2011. Today the price of Ethereum rose to $2900 which is incredible as Bitcoin has been trading side ways for sometime now. The Ethereum ecosystem is bigger than Ethereum itself and that is why it listed as the second coin on CMC. For every transaction on its ecosystem every user needs Ethereum as without it user cannot make any transaction that is another reason why it has the second biggest marketcap after Bitcoin. A large number of financial institution in the US have applied for Ethereum spot ETF. If it gets approved by the SEC then its price might go beyond the $3500 mark in the future.

to discuss the issue of ethereum, we can no longer doubt this coin because ethereum can always follow the flow of bitcoin, and its value is greater than other altcoins so we can say it is the king of all altcoins, and in the future if it is approved by the SEC then the value of ethereum will reach ATH is new and this will definitely happen in the future, if you really have large capital then investing in ethereum is the right decision.
It is indeed can be called the top Altcoin of this market but not because of its value but the size of its chain, large volume, and number of people or its community of users. ATH is possible to be hit halfway of this year if all of its progress will be successful althroughout. Glad that I have never given up of it for the years its price went down. I managed to accumulate  a decent amount by now and cheers for those who believed. Hoping tha there would be more of its progress for this year forward.

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February 24, 2024, 11:07:52 PM
 #82

Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.

What is your view and your opinion about Ethereum? You can share if you want.

Reality says otherwise, Bitcoin grown from $3k to 52K in just over a year while Ethereum clearly struggled to grow with such a phase and the transition of switch from PoW to PoS made the holders to lose their trust over ethereum now there are more competitors for the smart contracks especially BNB which offers very cheap gas fee compared to erc20 token transfers so I would say ethereum can be one of the coin but it's more profitable than Bitcoin is very wrong statement.









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February 24, 2024, 11:26:58 PM
 #83

Ethereum is my favorite altcoin among probably thousands of types to date,
The gas fee price which always tends to be unreasonable at certain times does not make it difficult to use in daily transactions, even though I hold it a little but it is felt because the acceleration of price recovery is not as potential as other altcoins in units.

This year in just a few months eth is more brilliant in price increase, the fact is that the project running under ethreum has good attention and superior results than other cain, I think ethreum is an example for other altcoins that expensive prices, buy good services, users have good enthusiasm all the time, either as holders or daily users.









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February 25, 2024, 01:00:49 AM
 #84

Ethereum is my favorite altcoin among probably thousands of types to date,
The gas fee price which always tends to be unreasonable at certain times does not make it difficult to use in daily transactions, even though I hold it a little but it is felt because the acceleration of price recovery is not as potential as other altcoins in units.

This year in just a few months eth is more brilliant in price increase, the fact is that the project running under ethreum has good attention and superior results than other cain, I think ethreum is an example for other altcoins that expensive prices, buy good services, users have good enthusiasm all the time, either as holders or daily users.
the brilliant price increase as you have spoken earlier maybe a proof that despite the high gas fee people are still go on about using it anyway, people seem to disregard the gas fee even if it costs an arm and leg at this point wonder what motivates it but we all know that sometime in ethereum blockchain there's massive nft and token airdrops that the value surpass the fee so despite gas priced 80 gwei people still go on and try to get that airdrop because if they are late the airdrop value is probably gonna be tanking.
also we must remember that L2 blockchains these days always try to motivate people into bridging their asset to the L2 maybe to increase the TVL but i've seen this trend increasing and increasing as the time goes.
this just means that the demand for ethereum is humongous if everyone and their big companies are making L2 which means its gonna utilize ethereum under the hood to lock for the sake of making it available in their L2 blockchain and also it means that these many L2 with massive funding will always depends on ethereum, it secured ethereum position in the market.

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February 25, 2024, 08:06:55 AM
 #85

It very obvious that Ethereum is following after the price movement of Bitcoin, so anyone who invest in Ethereum will as well reap a profiting investment as those into are into Bitcoin investment. This analysis is good but and that is because Ethereum over the years has gained enough reputation being the second most trusted coin in the market is a lot for someone to have it for a long term trade. However I still prefer sticking with Bitcoin investment.
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February 25, 2024, 09:33:00 AM
 #86

When it has to do with the best cryptocurrency bitcoin is the best then followed by ethereum in the list of altcoins however ethereum still at it's infant stage than bitcoin in terms of price which makes ethereum highly profitable due to its high volatility but the disadvantage about altcoins is that same high volatility that can bring you massive profit in a single bull run can likewise bring your investment to nothing. But nevertheless, among all altcoins ethereum stands out and it seems to be the next best cryptocurrency to base on after bitcoin.
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February 25, 2024, 09:57:54 AM
 #87

Well I am still very 'bullish' for Ethereum and price us still up more then 8 percent in the last week. It is the highest for the coins in the top 10 of the coinmarketcap.

I think alot of this 'bullish' movements is because of rumors of spot ETH etfs. There is alot of people saying it is going to happen soon now. Grayscale CEO Michael Sonnenshein says it a matter of when not a matter of if.

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February 25, 2024, 10:20:04 AM
 #88

When discussing potential profits in the upcoming bull run, many investors are considering eth over btc. It seems that some perceive btc as having already reached its peak. However, regardless of whether one chooses eth or btc, the likelihood of profit remains high due to the anticipated bull run.

Eth appeal lies in its current affordability compared to btc. Investors see it as an opportunity to get in early. btc, being the pioneer, has already seen significant growth. Some believe eth has more room for appreciation. The speculation around the bull run is fueled by events like the btc halving and the approved btc ETF. These events can drive both btc and eth prices upward. I think  allocating a portion of the investment to eth around 70% and the rest to bitcoin 30% is a balanced approach. Alternatively, some investors start with bitcoin during the initial bull run and then transition to eth once btc stabilizes.

In my opinion longterm holding remains a winning strategy. Because those who believed in btc potential back in 2008 and held onto it have reaped substantial rewards. Remember that investing involves risk, and market dynamics can be unpredictable. Some win, and others lose.. it’s the nature of the game.

 To sum it up, both eth and btc offer opportunities for profit. Whether you’re a believer in the longterm potential or aiming for short term gains, staying informed and diversifying your investments is essential.

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February 25, 2024, 10:28:49 AM
 #89

Well I am still very 'bullish' for Ethereum and price us still up more then 8 percent in the last week. It is the highest for the coins in the top 10 of the coinmarketcap.

I think alot of this 'bullish' movements is because of rumors of spot ETH etfs. There is alot of people saying it is going to happen soon now. Grayscale CEO Michael Sonnenshein says it a matter of when not a matter of if.
It is possible that the planned launch of a spot ETH ETF led to the recent rise in Ethereum prices, as the rumor could have attracted the attention of many investors. And besides that, what is triggering Ethereum's current and future rise is due to a new development called "restaking".
And whatever the reason, I always believe that Ethereum is the best choice after Bitcoin in terms of long-term investment, and I believe that Ethereum and Bitcoin will continue to rise and this year is the right time to collect more coins from both.

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February 25, 2024, 10:30:48 AM
 #90

Well I am still very 'bullish' for Ethereum and price us still up more then 8 percent in the last week. It is the highest for the coins in the top 10 of the coinmarketcap.

I think alot of this 'bullish' movements is because of rumors of spot ETH etfs. There is alot of people saying it is going to happen soon now. Grayscale CEO Michael Sonnenshein says it a matter of when not a matter of if.

ETF news is bullish for speculators and no matter the result of ETF approval speculators will keep the bullish sentiment until the news events. I am more bullish on Ethereum's other news events, like its dencun upgrade which will lower the gas fees for all the layer 2. This will bring lots of solana ecosystem users to ETH layer 2 who were more concerned about the gas fees of the ETH network. Beside that all the modular blockchain that are built on top of ETH network actually serve the ETH token so the price will go up with their adoption.









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February 25, 2024, 11:06:57 PM
 #91

ETH is just so tough that many said good altcoins are trying to dethrone it. The point of them is no longer to dethrone bitcoin but to dethrone ethereum because it is what the big ecosystem for most altcoin projects are circulating. With smart contracts, the other projects that came from it had also made something for themselves. Asset wise, I'm holding it and I am long term to it and that's why until the upcoming bull I'll slash a bit from my holdings.



 

 

 

 

 

 


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February 26, 2024, 12:03:36 AM
 #92

ETH is just so tough that many said good altcoins are trying to dethrone it. The point of them is no longer to dethrone bitcoin but to dethrone ethereum because it is what the big ecosystem for most altcoin projects are circulating. With smart contracts, the other projects that came from it had also made something for themselves. Asset wise, I'm holding it and I am long term to it and that's why until the upcoming bull I'll slash a bit from my holdings.
mainly because current trend always centered or revolve around ETH, the fact that some of the biggest new project is just plainly modifying that EVM a little bit and call it an innovation means that ethereum is just that good, the amounts of L2 deployed these days could only mean that people are so hell bent on trying to focus on solving the ethereum gas fee by releasing their own side chain which means demand for ethereum is gonna be rising meanwhile they also trying to make token as a side business I guess for their released L2.
the funding and the amount of eth bridged added with the amount of the ethereum locked has made ethereum have significant advantage if compared with it competition.
even the gap between ethereum and BNB is really far, knowing that BNB is also one of the most used blockchain aside from ethereum as well as having 4th biggest market capitalization
or at least 3rd market cap if stablecoin is put out of the competition here since we know its stablecoin.
thats just how big ethereum is, so many project centered around it and even if ethereum itself has really high gas price just for sending the simplest transaction people still latch onto it
and would still execute the transaction anyway like there's no tomorrow.

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February 26, 2024, 01:34:22 AM
 #93

ethereum is indeed the best altcoin choice at the moment, but we can see the obstacles to eth such as costs and l1 scalability, it can already compete with other projects, but still, nothing can beat eth.
but for now, i avoid trade using eth layer1 because fee is very high.
seriously ? Ethereum is the best altcoin AT THE MOMENT?

Lol Ethereum is the best altcoin all these years as have you seen this losing the rank 2 for many years now?

EThereum will always be the best option aside from Bitcoin when talking about all cryptocurrency investing because how can you call this at the moment when ethereum has all the moment ?










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February 26, 2024, 06:26:21 AM
 #94

ETH is just so tough that many said good altcoins are trying to dethrone it. The point of them is no longer to dethrone bitcoin but to dethrone ethereum because it is what the big ecosystem for most altcoin projects are circulating. With smart contracts, the other projects that came from it had also made something for themselves. Asset wise, I'm holding it and I am long term to it and that's why until the upcoming bull I'll slash a bit from my holdings.
mainly because current trend always centered or revolve around ETH, the fact that some of the biggest new project is just plainly modifying that EVM a little bit and call it an innovation means that ethereum is just that good, the amounts of L2 deployed these days could only mean that people are so hell bent on trying to focus on solving the ethereum gas fee by releasing their own side chain which means demand for ethereum is gonna be rising meanwhile they also trying to make token as a side business I guess for their released L2.
the funding and the amount of eth bridged added with the amount of the ethereum locked has made ethereum have significant advantage if compared with it competition.
even the gap between ethereum and BNB is really far, knowing that BNB is also one of the most used blockchain aside from ethereum as well as having 4th biggest market capitalization
or at least 3rd market cap if stablecoin is put out of the competition here since we know its stablecoin.
thats just how big ethereum is, so many project centered around it and even if ethereum itself has really high gas price just for sending the simplest transaction people still latch onto it
and would still execute the transaction anyway like there's no tomorrow.
That's true, all of the modifications that are circulating with the new projects still originated from ETH and that's how good it is. They just can't compare it with the other ones. Although some are really good to be seen but if it's compared to ETH, it's just off the beat and ETH is by far than any of those. Even with the actual value and price pump of the other projects that has their own mainnet and smart contracts, in terms of value and market cap, ETH beats them all.



 

 

 

 

 

 


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February 28, 2024, 12:21:12 AM
 #95

ethereum is a gigantic scam. The founder vitalik buterin is a serial scammer that claimed he could simulate quantum computers on classical computers to mine bitcoin faster than existing bitcoin asics. Vitalik buterin premined 72 million eth when he created it. That is 60% of the current supply. Proof of majority premined stake is not decentralized so why bother with blockchain? Blockchain is extremely slow, expensive, and inefficient. The only reason to use blockchain when eth was hopelessly centralized from the start is to fleece blockchain technobabble guzzling imbeciles.
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February 28, 2024, 03:02:06 AM
 #96

That's true, all of the modifications that are circulating with the new projects still originated from ETH and that's how good it is. They just can't compare it with the other ones. Although some are really good to be seen but if it's compared to ETH, it's just off the beat and ETH is by far than any of those. Even with the actual value and price pump of the other projects that has their own mainnet and smart contracts, in terms of value and market cap, ETH beats them all.
definitely, the fact that eth is being labeled as expensive blockchain, due to the fact that many of these side chains need to submit their transaction to the ethereum L1 whether it was sequencer or something like that, arbitrum, optimism and many l2 to comes are gonna be making smart contract that submit tx executed within these sidechain to the ethereum that means ethereum just gonna get more burdened with many more transaction but truth is, ETH has shown to be having the most active ecosystem, there are too many NFT being deployed despite knowing the fee gonna be astronomical but they just deployed it in ethereum probably due to the fact that the success rate if deployed in ethereum mainnet is definitely higher than deploying in some random lesser market cap blockchain and probably due to the availability of the liquidity.
right now so many ETH is locked by many staking protocols, thats why the price of ethereum also increasing, seems like a good future for ethereum enjoyer in genral if im being honest.
after all, we've been on the sub $2k for many years now its already $3.2 to be honest im content.

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February 28, 2024, 04:16:00 AM
 #97

The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.

What is your view and your opinion about Ethereum? You can share if you want.

Ethereum has the opportunity to continue to increase in value, it is not surprising that many people are looking for alternatives to invest in this potential Altcoin.  Ethereum price movements will continue to accelerate like Bitcoin, which has had quite high prices since its launch until now.  However, both Ethereum and Bitcoin have been complained by many people because they incur quite high transaction fees.  However, Ethereum remains the most popular Altcoin that many people are interested in.

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February 28, 2024, 07:29:22 AM
 #98

ethereum was the first altcoin that I received when I started getting to know the world of crypto currency in 2017. In fact, my life changed a lot from ETH. However, due to limited knowledge, I didn't set aside Ethereum at all at that time. nevertheless it is my favorite coin to this day. and a lot of my portfolio is here besides bitcoin.

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February 28, 2024, 08:45:51 AM
 #99

That is it. When we have to rate bitcon somewhere we can also rate Ethereum somewhere too. Bitcoin can be the king of cryptocurrencies but Ethereum is also a King in the AltCoins cryptocurrencies. Ethereum has been an influential and profitable coin and in due time, we would see lot of the crpto investors dumping bitcoin for Ethereum. Likely the potentialities of Ethereum is approaching to the potentials of bitcoin. Let's hope to see Ethereum bringing hope to the rest of the AltCoins that maybe seem shitty.

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February 28, 2024, 10:23:10 AM
 #100

the current price of ETH is $3,300 and BTC is around $60k. that means to reach $10k ETH requires a price increase of 3x the current price or 300%, while for bitcoin to reach $100k only requires a price increase of around 90%. Without positive news about ETH, this seems difficult to happen because usually the percentage increase in the price of the two will not be much different.

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