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Author Topic: ETH is the king of crypto!  (Read 27305 times)

Offline legend45

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Re: ETH is the king of crypto!
« Reply #240 on: May 17, 2024, 04:44:49 PM »
When something is addressed as the king, they stay at the top spot, while others stay below. The king leads, while others follow.

Coming to the cryptospace, what stays at the top? Is it Bitcoin or Ethereum? Your answer should be bitcoin. What controls the crypto market, that when it increases or decreases other coins are affected? Bitcoin.

However, the mentioned facts can easily make you understand that Bitcoin earns respect as the king of crypto, and ethereum earns herself as the queen of crypto because she occupies the second spot in the crypto ranking, not the first spot as bitcoin
I agree with you. Bitcoin is the king and ethereum is the queen of crypto currencies. Bitcoin will always influence the performance of other altcoins, this is a reality. because the king is always in front of and followed by his followers
Therefore, we must continue to take advantage of bitcoin price movements which can have an influence on altcoin prices in the market, for example Ethereum. When the price of bitcoin collapses like it is now, many altcoins will also collapse. The market is currently unstable and seems inclined to decline in prices.
The market has improved again, so we should remain optimistic when looking at the market this time. There are many potential altcoins that we can buy to hold, even though the price is starting to get high, I am still sure the price will be much higher than now.

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Re: ETH is the king of crypto!
« Reply #240 on: May 17, 2024, 04:44:49 PM »

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Offline EthereumDev_

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Re: ETH is the king of crypto!
« Reply #241 on: May 19, 2024, 03:36:51 PM »
The market has improved again, so we should remain optimistic when looking at the market this time. There are many potential altcoins that we can buy to hold, even though the price is starting to get high, I am still sure the price will be much higher than now.
Exactly, currently many altcoins are recovering in price and this is good news because we are approaching a possible bullish season. Hopefully no bad news will attack Bitcoin and not cause its price to collapse, because so far altcoin price movements depend on the price of Bitcoin.

Offline Primo1760

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Re: ETH is the king of crypto!
« Reply #242 on: May 19, 2024, 06:40:03 PM »
Currently, ethereum is still popular, but we cannot guarantee that in the next few years ethereum will still be popular or not, because so far ethereum has had several problems that have prevented developers from being able to solve the problem.
Yes of course Ethereum is a popular currency and is slowly increasing in popularity. But here maybe you mentioned some difficulties and enjoy the difficulties maybe all these difficulties will bring shyness in future. One of the disadvantages I see in Ethereum is that transaction fees are very high. But I think the developers of Ethereum will recover this problem a lot in the future and make their platform more popular. Apart from this problem I don't see any problem but if you face any other problem then definitely mention it.

Offline doc

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Re: ETH is the king of crypto!
« Reply #243 on: May 20, 2024, 10:47:57 AM »
Currently, ethereum is still popular, but we cannot guarantee that in the next few years ethereum will still be popular or not, because so far ethereum has had several problems that have prevented developers from being able to solve the problem.
Yes of course Ethereum is a popular currency and is slowly increasing in popularity. But here maybe you mentioned some difficulties and enjoy the difficulties maybe all these difficulties will bring shyness in future. One of the disadvantages I see in Ethereum is that transaction fees are very high. But I think the developers of Ethereum will recover this problem a lot in the future and make their platform more popular. Apart from this problem I don't see any problem but if you face any other problem then definitely mention it.
The problem of high gas fees has been around for a long time, due. And ethereum dev has no solution to this problem. Currently the ethereum gas fee is down, but I think this is due to traffic problems on the ethereum network not being busy, if it's busy again the gas fee will rise again. Currently, many have switched to Solana and BSC

Offline Agbe

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Re: ETH is the king of crypto!
« Reply #244 on: May 20, 2024, 02:23:59 PM »
Currently, ethereum is still popular, but we cannot guarantee that in the next few years ethereum will still be popular or not, because so far ethereum has had several problems that have prevented developers from being able to solve the problem.
Yes of course Ethereum is a popular currency and is slowly increasing in popularity. But here maybe you mentioned some difficulties and enjoy the difficulties maybe all these difficulties will bring shyness in future. One of the disadvantages I see in Ethereum is that transaction fees are very high. But I think the developers of Ethereum will recover this problem a lot in the future and make their platform more popular. Apart from this problem I don't see any problem but if you face any other problem then definitely mention it.
The problem of high gas fees has been around for a long time, due. And ethereum dev has no solution to this problem. Currently the ethereum gas fee is down, but I think this is due to traffic problems on the ethereum network not being busy, if it's busy again the gas fee will rise again. Currently, many have switched to Solana and BSC
Ethereum can never be the king of the crypto community because just like everything about Ethereum is disappointing, we were all saying that Ethereum is following bitcoin to increase price and value but from what I am seeing, other cryptocurrencies might overtake Ethereum if they are doing well because Ethereum is not doing well at all. The congestion of the network and the high gas fee is another issue to be solved by the developers but they are not doing anything to free the network. If the gas fee has reduced the buying will increase. But the issue is the price. It is not moving.

Offline Gurujebs

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Re: ETH is the king of crypto!
« Reply #245 on: May 20, 2024, 02:53:13 PM »
The problem of high gas fees has been around for a long time, due. And ethereum dev has no solution to this problem. Currently the ethereum gas fee is down, but I think this is due to traffic problems on the ethereum network not being busy, if it's busy again the gas fee will rise again. Currently, many have switched to Solana and BSC

Your post made me remember eth2.0 hype, Ethereum community are very good in hyping, they were using transition of Ethereum from proof of work to proof of stake as evidence for the fees to drop down because that time the network was experiencing one hyper fees due to increased in Defi adoption but after the change, I never see any decrease in the fees.

I just think once a network has been deployed, you can't change some metrics about it especially the key factors like the fees, we just have to manage the network like that just like Bitcoin.
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