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Author Topic: Is this the downfall of Ethereum?  (Read 7902 times)

Offline Mbah Jenggot

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Re: Is this the downfall of Ethereum?
« Reply #30 on: April 29, 2021, 04:01:32 PM »
I am indeed in the position of a trader at Binance, an IEO investor on Binance and as a bounty hunter on various cryptocurrency forums as well.
But sometimes I also follow Airdrops to get money with easy tasks with only 10 minutes to finish completing the task.
But I see when getting tokens from the Ethereum blockchain network is very sad at a very high fee and even for Umbrella's airdrop project requires a transaction GAS fee of around 1.3 Ethereum and that is very sad for Aidroper.

Ethereum transaction GAS is very expensive, is this the beginning of the Ethereum coin crash?

No, I think Ethereum will never crash at the few weeks.  Ethereum  Gas is so high, but Ethereum team will have good solution, We all waiting Ethereum 2.0 completely to launch. Maybe at July this year.
Current Ethereum price is 2,700 $, So I think It is not to crash, because many investors still have hope about Ethereum 2.0. and last day Ethereum gas fee already down. let's see and wait the progress of Ethereum soon.

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Re: Is this the downfall of Ethereum?
« Reply #30 on: April 29, 2021, 04:01:32 PM »

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Offline Dexzon

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Re: Is this the downfall of Ethereum?
« Reply #31 on: April 29, 2021, 05:30:33 PM »
Seeing the price of ethereum right now seems the downfall will never happen because ethereum still keep increasing and for sure it will reach $3k in the next days and about the gas fee seems it's getting lower, this is good news for ethereum fan like me, ethereum is back to normal.
Hopefully price reduction does not occur, however i believe the correction will always be there, $ 3k is a high price for Ethereum and i think investors want more ETH before the fork be done on July

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Re: Is this the downfall of Ethereum?
« Reply #32 on: April 30, 2021, 10:20:12 AM »
Thanks senior brother. You have shared with us a very beautiful and constructive post. I hope you will share more posts like this among us. Then many of us will learn and know a lot. Day by day I just learned and learned a lot from the price of this etherium and other aspects.

Offline azmirihaque

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Re: Is this the downfall of Ethereum?
« Reply #33 on: April 30, 2021, 12:50:33 PM »
I am indeed in the position of a trader at Binance, an IEO investor on Binance and as a bounty hunter on various cryptocurrency forums as well.
But sometimes I also follow Airdrops to get money with easy tasks with only 10 minutes to finish completing the task.
But I see when getting tokens from the Ethereum blockchain network is very sad at a very high fee and even for Umbrella's airdrop project requires a transaction GAS fee of around 1.3 Ethereum and that is very sad for Aidroper.

Ethereum transaction GAS is very expensive, is this the beginning of the Ethereum coin crash?

I don't think so. It is the general market scenario that price will have ups and downs. It is true that blockchain transfer fees has increased largely and gas fees are also very expensive. But it is not the cause for falling ethereum price. Not only ether price but also other crypto's prices are also  falling. It will return again.

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Re: Is this the downfall of Ethereum?
« Reply #34 on: April 30, 2021, 12:59:09 PM »
I don't think so. It is the general market scenario that price will have ups and downs. It is true that blockchain transfer fees has increased largely and gas fees are also very expensive. But it is not the cause for falling ethereum price. Not only ether price but also other crypto's prices are also  falling. It will return again.

For me the problem of Ethereum is not based on its economic value, as we can see, it is higher than ever. For me the problem is the number of projects and users that have "abandoned" Ethereum to use other chains such as BSC or Tron. Such users and projects will hardly ever return to Ethereum, as that costs money and time.

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Offline Tunir Baap

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Re: Is this the downfall of Ethereum?
« Reply #35 on: April 30, 2021, 06:17:38 PM »
Ethereum's market is down a few days ago, but now Ethereum's market cryptocurrency is in a much stronger position. The price of etherium is much higher now than before.  The price of etherium is already hovering around eight hundred dollars.  I think the price of Ethereum will soon exceed three thousand dollars. Because Ethereum platform is currently investing a lot of people.
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Re: Is this the downfall of Ethereum?
« Reply #36 on: May 01, 2021, 10:12:38 AM »
I am indeed in the position of a trader at Binance, an IEO investor on Binance and as a bounty hunter on various cryptocurrency forums as well.
But sometimes I also follow Airdrops to get money with easy tasks with only 10 minutes to finish completing the task.
But I see when getting tokens from the Ethereum blockchain network is very sad at a very high fee and even for Umbrella's airdrop project requires a transaction GAS fee of around 1.3 Ethereum and that is very sad for Aidroper.

Ethereum transaction GAS is very expensive, is this the beginning of the Ethereum coin crash?
You said a word of reasoning. One of the reasons Etherium's market is down is that Ethereum's additional transactions fee. Those who regularly monitor the Ethereum platform must have noticed how much Ethereum's gas frlee has increased.However, at present, Ethereum's transaction fee has become quite normal. Tokens are now being traded from the Ethereum platform However, as the market for Ethereum has come down, I hope the market will come back soon.
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Re: Is this the downfall of Ethereum?
« Reply #36 on: May 01, 2021, 10:12:38 AM »


Offline Muneeb22

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Re: Is this the downfall of Ethereum?
« Reply #37 on: May 01, 2021, 04:47:04 PM »
Because of gas fee the ETH wallet projects are going to down and this is true but now the gas fee is low and i hope again the new projects will in the ETH wallet in future.

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Re: Is this the downfall of Ethereum?
« Reply #39 on: May 07, 2021, 12:47:34 AM »
Although other cryptocurrency coins are currently down the market, its market still is in good shape. Ethereum's price is steadily rising. As you may know, the current price of Ethereum is over three thousand dollars. Even a few days ago where the market was close to 2 thousand dollars. However, I believe that the price of etherium will increase further. Because people are now investing heavily in this platform.
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Offline Freemind

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Re: Is this the downfall of Ethereum?
« Reply #40 on: May 07, 2021, 02:38:55 PM »
Although other cryptocurrency coins are currently down the market, its market still is in good shape. Ethereum's price is steadily rising. As you may know, the current price of Ethereum is over three thousand dollars. Even a few days ago where the market was close to 2 thousand dollars. However, I believe that the price of etherium will increase further. Because people are now investing heavily in this platform.

Ethereum will continue to grow in terms of economic value, no one is going to abandon it, but it is very possible that less will be used to create new projects. Although the transaction fees have come down and are cheaper, we still don't know if it is a totally definitive solution. It is also unlikely that projects that have migrated to BSC or Tron will go back to Ethereum, it would be a waste of resources.
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Offline Damrai5$

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Re: Is this the downfall of Ethereum?
« Reply #41 on: May 08, 2021, 09:25:59 AM »
The Ethereum price did not increase as much as the crypto market due to higher Ethereum transaction fees. Whenever it is seen that Ethereum price has come down but Ethereum price is just pumping. If the transaction fee is reduced like Binance Smart Chain, then Ethereum Price will go up further. The BSC platform has the lowest transaction fee for which the BNB price has risen sharply in a short period of time. It is seen that everyone is interested in the platform where the network fee is less and whether the pair token price of that platform is pumping a lot.

Offline Lanirex

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Re: Is this the downfall of Ethereum?
« Reply #42 on: May 11, 2021, 05:53:49 PM »
For the problem of high Eth Gas, according to my observation, all of that has been resolved, because I see that the price of ETH Gas has started to fall in the last few days.  Eth Gas Price is very influential on Ethereum, many people are disappointed with Ethereum because Gas Eth is very high.  However, it seems that the community is starting to get happy seeing the price of gas falling. And this I believe will make Ethereum increase again.

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Re: Is this the downfall of Ethereum?
« Reply #43 on: May 11, 2021, 06:47:54 PM »
Don't panic.  ETH bullish periode is still ongoing and we can be sure than this was only a market correction in order to jump up again to higher price rate.  We are glad to see Eth price is more than 3k and maybe hugher coming again.

You're right mate, Ethereum is going strong now. We must be calm about high gas fee. I have seen several investors have waited the Ethereum team will solve this problem. Current Ethereum price is 4,000 now, I think Ethereum price will soar and touch 4,500 at this month.
Maybe whales have the reason why, they push Ethereum now..Lets see.
« Last Edit: May 11, 2021, 07:22:33 PM by The Professor »
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Re: Is this the downfall of Ethereum?
« Reply #44 on: May 12, 2021, 07:15:13 AM »
The Ethereum price did not increase as much as the crypto market due to higher Ethereum transaction fees. Whenever it is seen that Ethereum price has come down but Ethereum price is just pumping. If the transaction fee is reduced like Binance Smart Chain, then Ethereum Price will go up further. The BSC platform has the lowest transaction fee for which the BNB price has risen sharply in a short period of time. It is seen that everyone is interested in the platform where the network fee is less and whether the pair token price of that platform is pumping a lot.
The ethereum price has now exceeded $ 4300 and it is predicted that by the end of the summer it may reach $ 10,000. However, the most interesting thing is that the level of capitalization of this coin has already exceeded $ 500 billion, and its dominance has reached 19.6 percent. It is already really becoming a contender to overtake Bitcoin in terms of capitalization and price dominance. It would be great. This market is already in need of change. Bitcoin has stagnated in development, and therefore, dramatic changes are needed in this market.

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