Ethereum is far from been dead

[gunhell16]

Many people will probably hate me for this most especially the Bitcoin maxis who don't want to see something else work out except Bitcoin but I don't care, The reality about Ethereum is unfolding right in front of our eyes and some people are still hating on ETH.

Yes it's been facing some downside for many months and ETH/BTC chart is just starting to make a turn around. If ETH is dead like many BTC maxis and haters are saying why are whales who are buying BTC like no tomorrow are now buying ETH with millions of dollars?

The must have know something, a change is inbound no doubt, even Ethereum ETF is now possible.

Wake up, this is another big opportunity right in front of your eye, Ethereum will bring good profits and it's far from been dead, don't listen to Bitcoin maxis who believe that Bitcoin is the only coin that's useful in this space, it's not.

Ethereum is still the best old smart contract project by far, no unexpectedly downtimes like those affecting Solana and few others, love it or hate it Ethereum will be back soon.

Since last year, we have had many cryptocurrencies that have made a name for themselves in this field of crypto space, except for Ethereum which has been really quiet from that time even up to now, which has even led some to think that ETH is stagnant but from what I see, that is not the case.

Where even though ETH is quiet at the moment, we can see that it still maintains its rank position in the crypto market, it is like a sleeping giant in other terms. In fact, this is also one of the things that I am doing with DCA while we are still in the bull run period now.

[Popkon6]

Ethereum is still the best old smart contract project by far, no unexpectedly downtimes like those affecting Solana and few others, love it or hate it Ethereum will be back soon.

Currently, many people talk a lot about the price of Ethereum, but the real proof of this can be found in the past bull season. When we look at 2020 and 2021, the price of Ethereum coin was at a very high level, not only Ethereum, but also all coins increased significantly. And the price of Bitcoin recorded the highest, at that time those who invested were still waiting for the price of all coins including Ethereum to increase in this current bull season. But no, the opposite happened, although the price of Bitcoin correctly made the highest record, the price of Ethereum coin could not make any record, but rather touched $ 4000.
However, investors are still uncertain about the increase in the price of Ethereum coin. However, I believe that Bitcoin investors can make correct guesses and it is normal for the price to increase in relation to the guesses and in reality it has been proven that the price of Bitcoin has made the highest record of all time.

[JeffBrad12]

Ethereum is still the best old smart contract project by far, no unexpectedly downtimes like those affecting Solana and few others, love it or hate it Ethereum will be back soon.

Currently, many people talk a lot about the price of Ethereum, but the real proof of this can be found in the past bull season. When we look at 2020 and 2021, the price of Ethereum coin was at a very high level, not only Ethereum, but also all coins increased significantly. And the price of Bitcoin recorded the highest, at that time those who invested were still waiting for the price of all coins including Ethereum to increase in this current bull season. But no, the opposite happened, although the price of Bitcoin correctly made the highest record, the price of Ethereum coin could not make any record, but rather touched $ 4000.
However, investors are still uncertain about the increase in the price of Ethereum coin. However, I believe that Bitcoin investors can make correct guesses and it is normal for the price to increase in relation to the guesses and in reality it has been proven that the price of Bitcoin has made the highest record of all time.

Ethereum just having bad run possibly caused by the dilution of L1 projects like sui, solana, and there's so many upcoming L1 project that's said to be a lot faster than ETH.
It's the risk of buying the 2nd best asset that can be replicated easily because the PoS mechanism requires little effort to replicate.
If this keeps up, it's not impossible that ETH will have same valuation as the 3rd or 4th coin in the market by market cap.

[Firstfrost]

Ethereum is still the best old smart contract project by far, no unexpectedly downtimes like those affecting Solana and few others, love it or hate it Ethereum will be back soon.

Currently, many people talk a lot about the price of Ethereum, but the real proof of this can be found in the past bull season. When we look at 2020 and 2021, the price of Ethereum coin was at a very high level, not only Ethereum, but also all coins increased significantly. And the price of Bitcoin recorded the highest, at that time those who invested were still waiting for the price of all coins including Ethereum to increase in this current bull season. But no, the opposite happened, although the price of Bitcoin correctly made the highest record, the price of Ethereum coin could not make any record, but rather touched $ 4000.
However, investors are still uncertain about the increase in the price of Ethereum coin. However, I believe that Bitcoin investors can make correct guesses and it is normal for the price to increase in relation to the guesses and in reality it has been proven that the price of Bitcoin has made the highest record of all time.

Ethereum just having bad run possibly caused by the dilution of L1 projects like sui, solana, and there's so many upcoming L1 project that's said to be a lot faster than ETH.
It's the risk of buying the 2nd best asset that can be replicated easily because the PoS mechanism requires little effort to replicate.
If this keeps up, it's not impossible that ETH will have same valuation as the 3rd or 4th coin in the market by market cap.

Ethereum has dominated and stood its ground above Sui and Solana, many institutions opt for Ethereum for blockchain integration. Though, i agree Sui and Solana are faster than ETH however it’s impossible for ETH to have the same market cap as both third or fourth coin. That’s extreme because institutional demand and other factors gives it an upper advantage.

[Yanghudi]

there are many projects behind ethereum that continue to innovate and help keep the ethereum main network alive so that it is not possible for ethereum to die and that concerns layer2

[bitgolden]

Sometime back Ethereum was one of the favourite investment with my portfolio was always had good amount while recently my love for this coin is still as I love to have this after bitcoin it's one of the best option to keep things on balance with trust.

Sadly recently nothing positive happening and things are also getting stuck which are pretty lame for investors as they want something Biggy from this while Bitcoin is hitting ATH, but it's still nothing which is miserable, but trust is still with this because investors feel this will be having good in the future.

With current price of Bitcoin I was expecting it's going to touch $4000, but it's hanging around $2550 which is really disappointing, but things can take move in near future and price can go like bitcoin.

For sure a lot of users are like that. It is also because Ethereum is still new back in time, as we know us humans, new stuffs always excites us. I'm sure that many users changed not only because of the declining price of Ethereum or for it being old now but also because of the change of its system like its transfer from Proof Of Work to Proof Of Stake.

If you consider Ethereum, then you should also accept whatever happens to its value. Ethereum might still make a comeback in the near future but for it to have a price like Bitcoin seems impossible. Like many are saying, there will be no other coins like Bitcoin. So, sorry about that mate.

[pooya87]

Has anyone ever claimed that ETH is dead? Maybe I missed it but people have always said that it is a shitcoin but it is not dead since the centralized authority behind it has millions of dollars and still a big chunk of their 70+ million premined coins.

BTW just because people state facts about ethereum it doesn't mean they hate it. It is a centralized project with a mutable blockchain and severely flawed protocol that only has one utility: be used to create ICO scams.

Additionally just because some pumping team picks up this shitcoin and starts pumping it, that doesn't mean any of the stated facts are wrong!

[o48o]

Ethereum is far from dead, yes it has had a period of stagnation. It still hasn’t made a new all time high since late 2021, without Googling it was $4800 or similar. I think new all time highs will be made in the latter parts of tgis year. In my opinion $7,000 or even higher is not off the cards. It’s been tough for holders but we will be rewarded.

To have a healthy vibrant and working ecosystem doesn't mean coin would need to rise in value. In POS, it's actually better if the value stays stable so that people use it rather then speculate with it.
Only people who are using something as a speculative investment and hoping for the moon would think that price not mooning = being dead.

And so many of us in here were just waiting for the moon, that i think we have lost the meaning of the underlying tech. What ever happened to people who said that they were in it for the tech? Maybe that was just a coping meme.

[Frankolala]

Many people will probably hate me for this most especially the Bitcoin maxis who don't want to see something else work out except Bitcoin but I don't care, The reality about Ethereum is unfolding right in front of our eyes and some people are still hating on ETH.

Nobody is hating on Etherum, rather it's Etherum that turned into a shitcoin after converting from PoW to PoS. If not for the owner of the project who is using money to sustain Etherum, we would have seen something different by now. I am an altcoin fan be they are not promising in future and if they can finally grow in value it will be in a very slow pace. There's no unique problem that Etherum solves anymore.

[Orpichukwu]

there are many projects behind ethereum that continue to innovate and help keep the ethereum main network alive so that it is not possible for ethereum to die and that concerns layer2

The competition is really on the high side, but ETH is not being defeated so easily. There are so many L2 projects out there offering faster and better service, but most of them depend on ETH. Some projects might just migrate to a different chain, but ETH still holds a large number of blockchain transactions, and so many believe in it. It's not easy to replace the mother head of all shitcoins.

[Webetcoins]

For sure a lot of users are like that. It is also because Ethereum is still new back in time, as we know us humans, new stuffs always excites us. I'm sure that many users changed not only because of the declining price of Ethereum or for it being old now but also because of the change of its system like its transfer from Proof Of Work to Proof Of Stake.

If you consider Ethereum, then you should also accept whatever happens to its value. Ethereum might still make a comeback in the near future but for it to have a price like Bitcoin seems impossible. Like many are saying, there will be no other coins like Bitcoin. So, sorry about that mate.

The really shocking or at least exciting thing was the tokens and projects under ETH, those were great and we made a lot of money from them but at the moment we are seeing it not be that much because of the gas fee. During that 2021 run, the gas fee was so much trouble that we have seen how things change and people started to avoid it. If we can do that then we could end up with some profit with ETH, just if we could get some great projects, but we are not seeing it anymore.

Other chains are getting the attention and that is why they are not really dealing with ETH anymore and we are not seeing it rise. Unless ETH convinces projects to be under its chain, we are going to see it slow for a long time, eventually even going out of second place.

[Hedis]

People get so caught up in the Bitcoin vs everything else worldview that they cease thinking logically, Ethereum isn’t dead just because it’s undergone a difficult patch. Every market has its cycles. The fact that big money is discreetly buying up ETH while most retail traders are ignoring it says a lot, These people don’t just chuck millions around for fun and if the ETF truly gets approved it might be a big turning point. Bitcoin is amazing but it’s not the only thing that counts. Ethereum has shown itself again and over. It’s proven reliable, it’s always improving and it still runs much of the smart contract ecosystem, I think anyone sleeping on ETH now might regret it later.

[GigaBit]

For sure a lot of users are like that. It is also because Ethereum is still new back in time, as we know us humans, new stuffs always excites us. I'm sure that many users changed not only because of the declining price of Ethereum or for it being old now but also because of the change of its system like its transfer from Proof Of Work to Proof Of Stake.

If you consider Ethereum, then you should also accept whatever happens to its value. Ethereum might still make a comeback in the near future but for it to have a price like Bitcoin seems impossible. Like many are saying, there will be no other coins like Bitcoin. So, sorry about that mate.

The really shocking or at least exciting thing was the tokens and projects under ETH, those were great and we made a lot of money from them but at the moment we are seeing it not be that much because of the gas fee. During that 2021 run, the gas fee was so much trouble that we have seen how things change and people started to avoid it. If we can do that then we could end up with some profit with ETH, just if we could get some great projects, but we are not seeing it anymore.

Other chains are getting the attention and that is why they are not really dealing with ETH anymore and we are not seeing it rise. Unless ETH convinces projects to be under its chain, we are going to see it slow for a long time, eventually even going out of second place.

I think that general investors have no complaints about transaction fees at present, but there is no significant change in the price of Ether until the altcoin season starts. Since everyone is paying attention to Bitcoin all over the world, there is not much investment in Ether or altcoin projects. Those who are interested in investing or whale investors think that the price of Bitcoin can increase a lot in a short time, which is why investors are depositing a large part of their investment only in Bitcoin.

Many of the whale investors are withdrawing money from their other projects and putting it in Bitcoin. But I definitely believe that the current position of the price of Ether is still a good time to invest. Those who can keep some part of their investment in Ether and hold it will have the possibility of getting high returns.