Quote from: masterrex on Today at 10:56:21 AM

Quote from: djgtr on October 15, 2021, 01:49:23 AM

Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.

I don't think so, with all of the problems in the background and the continuous user/Dapp's developer's exodus, I believe Ethereum has become riskier of dumping, more than before due to many whales that control it now. the monstrous fees on Ethereum Network are the living testament that Ethereum will no longer be the Blockchain of the masses. All of those so-called upgrades are useless. if the masses can't use it because the fees are so expensive. and that's my opinion about it.

Looking at how much ETH is used right now, I would say that it is hard to agree with you. I mean I agree that it is getting more and more clogged and that is why it is hard to assume that it will do as well as people expect it to do and that is why it is hard for anyone to say that ETH will always be second biggest coin.

I get that things like SOL with so much more fast and cheap transactions could take over as well, who knows? But, Tron has been around for a long time and it didn't had those type of projects and we are in a situation where Tron is lower than even SOL, even though SOL doesn't even have any projects that are decent yet, Tron has been around for a long time. All in all I would say that it is definitely something that I would definitely be wary of. Yes ETH looks like a not ideal blockchain to be this big, there are better alternatives, but yet people do not chose them so what can we say?