Quote from: AmoreJaz on March 17, 2021, 10:36:36 PM

Quote from: jossiel on March 17, 2021, 10:30:42 PM

Quote from: NatureMoves on March 17, 2021, 03:59:06 PM

Do you think Ethereum has potential to become store of value? Why or why not?

Yes.

It's becoming into that point because people wouldn't want to sell it because of the fees. By looking the past prices of it, this can be said that it's one of the good store of value that we have.

But I agree that if the ETH devs won't find a way to solve the current problems that we're dealing with about high fees, it's classification of being a store of value would be gone gradually.

i have high hopes eth team will resolve this gas efficiency problem. i dont think they are sleeping on this prob. now, they will see that a lot of projects are now being built under BSC network. so if they will not resolve their gas issues, they will lose a lot of projects also as several of them already swapped to BEP20.
so right now, it is really not smart to sell your eth, they have high potential to increase its value in the next coming months. next month, we will see the impact of this so-called berlin hard fork. will it make a difference for eth?

We have to wait with the promise about solving the gas problem or high fee problem. They have only taken action when they see that their competitor which is the BSC starts to gain many users and became more desired than the ETHs smart contract.

I won't say that someone selling their ETH isn't smart. We don't know the reason why they do that but if there's a valid reason of why they do that, it's fine. But if someone just sell it out of panicking, maybe that can be said as not smart and not worth it of sale.