Quote from: lepbagong on August 14, 2022, 08:19:14 AM

Quote from: Tellek Garing on August 09, 2022, 07:46:46 AM

Quote from: wheelz1200 on August 08, 2022, 04:00:12 PM

Quote from: worldtraveller321 on June 16, 2022, 08:22:00 PM

With all the recent FUD being created against ETH. I am in conclusion that ETH will not dissolve down to zero value ever.
As it has been around for some time and has survived many times over when other crypto projects have come and gone.

Sure with the forking coming up, there will be some change. However ETH will always have a value/ just right now the price is down, but it only means good time to buy in and get more.

What are your thoughts on this?

Do you think ETH Will be around for a long time? or do you think it will go down to zero ?

Tell me your thoughts and why?

I hate to say they never will fall to zero. All it takes is one massive exploit like luna saw to get dropped to basically nothing. I'd say it's very unlikely yes but I wouldn't never say never when talking about crypto and future price outlooks.

I don't think what happened to Luna falling will ever happen to ethereum. Ethereum founder are not that greedy to go into the same agreement that brings Luna down. We have seeing ethereum facing a lot of challenges in the past but came out of it stronger. In 2019 when I sold some of my Ethereum hold for $78 each I did not know that it would get to $4000 one day but that happened after 2 year.

The last ATH that ethereum got was very good at $4,891.70 although currently there is a decrease of up to -58.93%, obviously not too bad because it happened to bitcoin which is the reference for all coins, compared to the previous ATH the current decline is very far from the value but % is still pretty good.

when you sold ethereum in 2019 actually a year earlier ethereum had reached $1,396 and that was a very good increase. but a year (2020) later there was an increase but it was not significant and it was only in 2021 that there was a sharp increase and renewable ATH was formed.

now it's starting to decline again and it's a natural thing and often done after ATH occurs, so it didn't occur to me that ethereum would be able to decline more sharply and even feared it could become zero, obviously very unlikely to happen, ethereum is still very much needed for many transactions and will obviously continue to exist.

The true remains that this market moves in cycles and that is what many people don't understand. Ethereum is the second best coins in term of market capitalization and is a major definer of most of altcoins price and existing so I believe that buy and holding it will never result in loss but the impatient one will ever sell at loses.