Bitcoin Forum

This morning I read the news in https://www.tapchibitcoin.vn with CEO Bitmex saying, Arthur Hayes says Ethereum is just Shitcoin, coming down $ 100. The truth or lies of Bitmex CEO, Arthur Hayes on ETH?

This is false. Ethereum is not a shitcoin, and I do not see it happening that its price would be reduced to $100. The market is currently unfavorable and not just to ethereum, but all of the coins. It is okay to see a reduction of prices of the coins at this time. When all of this is over, and the market experiences a bullish trend again, you will see the price of ethereum spike up once more.

This is probably the shittiest comment I've read here coming from the CEO of an exchange that makes shitload of money from people going long or shorting crypto assets. We all know how the market went down, market capitalization went down, a lot of good coins shed their prices considerably, I mean BTC went from its ATH of $20k to as low as $5500. This doesn't mean BTC would be referred to as a shitcoin. In the order of importance, we ordinarily have BTC, ETH and every other alt out there in the market. Therefore, referring to ETH as shitcoin is a tad disrespectful.

It will not come down to that level. It is still one of the best coins we have in this space. It definitely will rise again.

i think it's just temporary, itt will rise again and definitely not a shitcoin.

i don't thing ethereum is a shitcoin, i think it's just the market which is a bit down, hopefully it will improve later

Ethereum has endured itself for a long time and the market is now on downwards as well. So, Ethereum is not a shitcoin we can say. But having some hard times, it will also rise as per the market stands, I guess.

Don't be worried about price down. Because Ethereum will do good in future. Ethereum has a huge potential and bright future I guess. It was doing good in past so, we have to wait for future profit.

He made some FUD to collect Ethereum from the dip.
Don't believe them. Ethereum is the best.

the eth network has completely unresolved problems. Its future now depends on scalability solutions. October updates will show us the real picture

I think Ethereum is the best coin on the cryptocurrency market, and what it's losing in value right now is the impact of the falling market. as soon as the market starts to grow, then Ethereum will soar in price.

LOL. If you think ETH is just a shit coin so can you sell all your ETH for me? LOL. I'll buy them all asap when we can contact to each other :). It's the best altcoin and ETH's blockchain is being used to develop so fucking many ICO projects and people in this crypto world have one more way to earn money is investing in ICO project so you still think it's just a shitcoin? LOL.

Ethereum has done much better in the past so, it will be much better in the future. Because its future is very good, there is a lot more chance of profit. Do not worry, please wait, you  will certainly get better result.

If Mr. Hayes speaks of ethereum as a shitcoin, where do the other altcoins stands? If we were to think about this, Ethereum has the backing of more than 150 organizations working together to ensure the widespread adoption of this altcoin. Wide range of industries were taking advantage of it's platform. It only means one thing, ethereum is one heck of an altcoin.
Do these organizations and industries find ethereum a shitcoin? NO, i don't think so.

Ethereum will be much better in the future because it is potential for profit. Ethereum will do much better as it has been in the past. But at the present time, the price is a little lower. In the future it will bring profit for investors.

The Ethereum is a machine. Slow and powerful, besides with a huge and strong team, all these famous people will eventually use his technology and who will not, will be left behind. While all large and small companies tell us what it is, it's slow, not technological, it's slowly moving forward, constantly introducing something new into its system. And all the rest for him as a test site)

Now eth will replace etc.

I think he's not going down to $ 100 ! And the people who sell it will feel sorry and bite their elbows when it costs $ 10,000.

Not shitcoin, but too many negative trends that hit ethereum and other altcoins. the meaning of shitcoin is not a coin that can fall to $ 100. Shitcoin is a coin that is not clear about the project and its future. Ethereum has a clear future in my opinion.

Ethereum is not a shitcoin and it can never go down as $100. The last its price can fall reach is $200; Ethereum is a widely used coin among ICOs because of the smart bade contract functionality it offers and it is widely invested in because it has a very great future with the tendency to displace bitcoin in the near future. So because the price of ethereum is going down everyday does not mean you should be calling it a shit coin. The fall in ethereum price is just down to decline in crypto market and once the market survives again, ETH will increase in price back again.

yes i also heard about this news,  this is a very unfortunate news but this ki6of situated is normal here,  ups and downs are investors regular partner so I would suggest that doesn't loss hope cause with time thing will be back to its track

If ETH is a shitcoin. So what are all the altcoin developed under ETH's platfrom to be called? ETH is the best altcoin and has the greatest hope of its future development. So do not worry too much when the price goes down at this time. Just wait and you will find your thoughts completely wrong

well if you want to do business in this place you must have to accept one thing and that is you have to deal with bad times and risk, and if you wants to be successful then you must have to clam in this kinds of situation otherwise it will be hard for you to earn profit from here

By the way, you can read such statements over and over again, even about Bitcoin. In this statement Ethereum is badly done this time. That's nothing new. I don't really think that the price of Ethereum will fall so far, because this altcoin has a lot of support. It can happen, but that doesn't mean that it will really happen. So you shouldn't always take statements like that first and see what the reality looks like. For me, this is another attempt to drive the price down and not a news.  ;)

All of the top cryptocurrencies have experienced price dip due to current market situation not just Ethereum. It has been three years since this coin is in the market. I hope it will survive more.

Right now Ethereum is traded at around 300 USD and has market capital of 31.27 billion. I don’t think shit coin would be able to raise this much capital. If people find usability and utility on them, there is still chance for them to come back.

eth is my favorite altcoin and personally I do not consider it a shitcoin I think I will continue to use it regardless of its value for its versatility, speed of transactions and smart contracts

I don't own any eth, but I completely agree that it is one of only a small number of altcoins worth owning.  There is a lot you can do with it, and eth is going to survive any crypto meltdown if that should occur.  I would be willing to bet money on that.  True, it is now getting slammed along with other altcoins but it will survive this.

If you were a contrarian investor, whereby you buy investments which are currently very unpopular, you could probably make a decent profit on eth.  Same could be said for buying gold too.  Both of those have been sold off to almost irrational levels and that should tell you it's a good time to buy.

Just checked eth price, which I normally do not do.  It stands at about $278.  That is ridiculous for eth.  Guaranteed when it recovers it's going back to over $1000.

The statement revealed by him too can be considered a way of price manipulation. Surely the statement from him could have made few people stop from buying or investing on ethereum. So, it is our need and we need to analyze in the better way to find the truth lying inside.

For some reasons he has underestimated the value of ETH I think. I don't think that ETH will touch the $100 level. It is a very strong coin. But due to the current market conditions ETH has fallen down. But sooner it will start going up for sure.

I don't think Ethereum is like that, not even close. All alt coins are having a really bad time but from them all, this is the one i expect surviving the most in the upcoming years and growing at a good pace.

In fact, some people believe that the price of it will triple by the end of the year: https://coincodex.com/article/1387/bitcoin-and-ethereum-prices-are-expected-to-triple-by-the-end-of-2018-survey-shows/
 (https://coincodex.com/article/1387/bitcoin-and-ethereum-prices-are-expected-to-triple-by-the-end-of-2018-survey-shows/)

It could be a matter of opinion or it could be a matter of perception. We will have to wait and see.

I do not agree with this statement, i think when the market recovers then we will see eth as the first alt to move and provide the now investors with profits, so do not take negative statements seriously.

This must be the false news. Don't believe that.This may be the move to reduce the price of Ethereum.Now the price of Ethereum is around 276$,this is due to some dump in the price of bitcoin.Whenever the price of Bitcoin is reduced,their will be some reduction in Ethereum and all the altcoins.Use the fluctuations to buy Ethereum at low.It may not possible in future.If the price of Ethereum reaches 500$, you can't see Ethereum at 270$ again.

I also saw this news today. In general, before that, I strongly believed in Ethereum, but after reading the article, for some reason I began to think that Ethereum would repeat the fate of Bitconnect

Recently observing the performance of ethereum, I also have to agree with this that ethereum is becoming a shit coin day by day. I really don’t find any future of it. Soon it will be replaced by many promising altcoins.

No I don’t agree with this because we cannot blame it now completely because the whole market is down now. So I hope when the market will stable ethereum will take over its place.

This is not the first time someone would come out with pronouncement like this, it happens last year also, it is not peculiar to Ethereum, Bitcoin has being called so many bad name before. I use to be in this category before calling Ethereum a shitcoin because I don't understand the tech then, if Ethereum is shitcoin what is Augur, DigixDAO, ICONOMI etc built on it. The price can go low or even lower than $100 but it would bounce back

This is not true. Just because the market is not good right now, ETH is unable to recover. Once the conditions for crypto market becomes positive, we will see eth and other coins rallying around bitcoin.

If it is true then we have to say the whole industry is a shit industry. But it's not true from my opinion. Bad time doesn't make a coin worthless. We need to keep patience and give Ethereum some time,

Different people will have different sayings about different coins. But i think Ethereum is not a shitcoin. Having fluctuations does not make coins shitcoins. I still have some faith on it.

Ethereum is one the most promising coin of the industry. It is also top pick of many people. So how can it be a shitcoin? Yes i know it has fallen a lot in last few day, but the whole market is suffering nowadays.

Though Arthur is calling ETH a shitcoin but I don't agree with him. ETH might have been seeing a very rough time due to the ICO manipulation of ETH coins which has made the ICO owners to have power over ETH market by collecting all their capital in ETH. However, in my opinion. Ethereum coins still have much potential left in it from becoming a shitcoin suddenly.

You/people should at least research the definition of shitcoin is before saying nonsense. Eth might be in downtrend like what other altcoins do, but this coin is one of the most active in terms of development so this is just temporary and no need to worry. I can only see that because of this Scam ICO and wrong doing of this ICO project that is based in ERC20 affects ETH price.

Yeah true the ERC20 has affected ETH in a certain manners otherwise saying it is a shitcoin makes it easy for a decent person to judge the OP knowledge level. Bitcoin loses more than 1000 dollars in a day in downtrend but it doesn't mean that any of the coin in downtrend losing value in price makes it a  shitcoin.

ethereum is not a shitcoin, but yes for now i think ethereum still overpriced, i think its better for ethereum to stable on 100-200$ for years, it make people feeling save on invest and using this coin for ico payment

Your speculations are only panic due to lack of experience. Ethereum is very strong coin witch huge potencial for future but now need time like every coin. I will still wait for growth which we will see for sure

Of course, this is not true. It's even strange to read such comments about the Ethereum. Look at the project better, read the reviews and everything will fall into place. Good luck!

I hope he has tons of ethereum to dump in the market to drag the price to below 100 dollars. Else its just another FUD created by Bitmex CEO for his whale friends to buy up ethereum

Personally for me, ETHEREUM  is not a shitcoin but rather a very promising and potential coin.Ethereum is a coin that has good technology, team members and also very potential coin for hold. Though the price may be falling but I believe this is due to the current condition of the crypto market and it will rise when the market recover fully from the bear.

Any cryptocurrency can be called Shitcoin. Even bitcoin fits this definition. I think you should not believe such words.

There has to be some truth to this though I don't really expect just expert opinions to be considered as the guideline for investing but the recent crash of ETH market is so bad that it has the possibility to come down to a two figure price zone as it seems like right now. However, so far it looks like Arthur Hayes' statement is bit exaggerated but you cannot deny the fall of Bitcoin meanwhile.

I stopped believing in all these big personality and experts' opinion regarding coin market because most of the time they are either trying to manipulate the market or expressing their concerns which doesn't even matter. ETH has been the base of a lot of ICOs and their tokens, it looks very difficult for anyone to imagine a market without Ethereum. Though the fall might get prolonged but it will definitely bounce back.

I think that's not the cause, but Ethereum's price is constantly depreciating. The main reason is that the Chinese government has issued some bans on virtual currency. You can find out more information, and I believe it will soon recover.

ETH is not a shit coin. If it had been that bad, then it wouldn't have been surviving in the market for so long and would be giving a head on competition to BTC. We need to have faith in the coin and keep investing in it in order to make it survive.

I don't agree to you. Ethereum is one of the most promising coins in the market. The cryptocurrency market is unpredictable and the price might fall any moment. That does not mean that the coin is a shit coin. Soon ethereum will recover back its position in the market.

I take your argument as a fair point as I too agree that the ETH is a good coin despite the current price drop

I do not agree with this at all, Ethereum is a Cryptocurrency that would stand the test it f time, infact it is the first Blockchain to introduce smart contracts, this is quite huge and would enable other revolutionary innovations to be built on it's Blockchain, To me Ethereum would stand the test of time and is in no way a shitcoins

LOL, come on, guys, Ethereum is a second crypto, for me it is more important than BTC due to low fees, speed and easy use.
There is no strong competitors of ethereum at the moment

tears welling, looking at the course of Ethereum. It is not very clear why the price falls so much. One of the best-selling coins. I really hope that when the market trend changes, there will be good X

First of all its not a COIN  ;D So many projects and even for something else people use ETH . Yes you can trade is as Value aswell , but currently its being used as Fundraising mostly . Alot of projects probably sell of after ICO's . But i dont see it touching 100$ anytime soon .

If ethereum is just a shitcoin then why most ICO wants ETH for their investments?why they made ETH as the first currency to be with investment?
why they chose ERC-20 to have the contract on their tokens?
WHY WHY WHY, ETH is shitcoin because it is totally red and continually falling?
why you haven't said that before when ETH was less than 200 USD last year?

Her words are shit because saying ETH a shitcoin is equal to saying cryptocurrency market a shit. I don't know why people are blaming ETH so badly, i don't think ETH deserve this type of respect. If anybody want to blame, then blame ICO market because this year ICO market did not able to do well. Most of the projects did not reach to their target and some leave their project by collecting money. And it is not good for ETH because 99% project runs on the platform of ETH. That's why ETH goes down, but it doesn't mean ETH is dead, ETH will strongly came back, just need some time!

If ETH was a bad coin, then it would have been able to get a high demand in the market among the investors in the first place. So, this state of the coin should not define its status in the first place. ETH will rise.

It's just the usual bitmex market manipulation FUD to bring the prices down so these whales can buy more. As it is already down might as well push it down further, we all know what it is really worth so it will rise up again eventually when the market recovers.

You will be surprise to know that this man may be in possession of  large quantity of Ethereum. There is freedom of speech so anyone can wake up and say any thing without tangible evidence to back it up. You better buy now  you may not see this opportunity again

This is really funny, ETH the blockchain that many ICO's launch on is a Shitcoin, I don't believe that. The market is unfavorable to all coins and ETH is not an exemption, with time all will be well.

If ethereum is a shit coin, what do we call all other altcoins? Eth is ranked second after bitcoin and this is an acceptable fact. The fall of a coin does not mean it will not rise again. As a matter of fact, every coin has its own volatility. Some people had complained about bitcoin and called it shit coin, just because it plunged so much sometimes ago, but now that it seems to be growing steadily, we have shifted our focus away from it. I still have tge believe that ethereum will rise again.

I mean $100/coin won't be considered a shitcoin if you ask me. For something to be considered shitcoin it has to cost pennies compare to what it is today. I don't know what his motives are behind this, probably trying to bring more attention to his exchange.

Come on! If ethereum seems to you hit coin, then advice me some trusted coins! Can't believe some people think this way. Thanks to ethereum we have so many tokens and projects. ICO collection sre just growing with total market cap

I neither use Bitmex  nor know who is its CEO. But after reading that, i'm sure that i will never use Bitmex  and consider it as a shit exchange. He calls ETH is shitcoin, Why doesn't he delist ETH out of his exchange Bitmex?

Here is why some don't deserve to be in crypto or even have chance to talk about it, because if you don't know how it work definitely you are type that cause fud, calling ETH shitcoin is just mere talk, ETH has all it takes to and is the second best crypto after the btc, for it price to come down don't say it a shot and if you must know the up and down is the heart of crypto and any coin that goes up and don't want to come down is a shit for pump and not really nature of crypto so the time for eth to correct it momentum is now and soon all market will see a green candle , so if you only want up and up I think crypto is not for you.

That is just dumb. I dont understand it, so it must be a shitcoin. Well, how about all these ICOs and the billion dollar market everyone is trying to deflate?

Think about how Ethereum can be a shitcoin if it is a tool for launching ICO and is constantly in demand. I think that this person deliberately deceives everyone, he want would profit from manipulating the price.

- As I know many ICO projects have emitted ETH.
- Ethereal's current supply exceeded 95,912,556 ETH, surpassing 5,559,880 ETH compared with the expected supply from Ethereum's parent. At a transaction price of $ 275 / ETH, the difference in supply was up to 1, $ 5 billion.
So, I will sell ETH. I will buy NEO.

I have big doubts, there will be no price 100, I think the code will start the market with strong growth,price of the ethereum will be more than 1000. But it will not be this year.

I think there's a lot more than ETH in the top 20 of market cap right now that have less of a reason to be there (cough....ripple...cough), but ETH has some pretty serious issues to overcome and there are other dapp platforms launched or launching that already address scalability/speed and other concerns.  Its surprising how quickly people have turned on ETH, but not without some good reason.

It just hoax and that news didn't has fundamental and possible reasons to trust. I believe eth still alive and can survive with the market condition. The decrease of eth's price just temporary and i believe the price will be increase few months later. If we see in the coinmarketcap, the price of eth still reach $270, but i think it will increase because of big demand to buy eth from people who see the chance in this condition. I sure that the eth will be bear up in the red zone condition and the price will be valuable and can't reach under $250.

Ethereum will still rise and recover back ,now is the best time to buy.

Ethereum is one of the best altcoins, it is not a shitcoin, although the current market in Ethereum is not ideal, but this is not because it is shitcoin, if Ethereum is shitcoin then it should have died.

In the electronic money market, ETH is a potential electronic currency next to the BTC. ETH discount is due to the movement of the market. Technology, market, value, community, and popularity of ETH will confirm the value of ETH. The price of ETH will rise when the market stabilizes.

I think that you need to be so aggressive towards the ETH project, because this project, along with other projects, also depends very much on the price of BTC, so you can once again make sure that BTC manages the market and all our decentralization is really just not there.

If ethereum is a shitcoin then i think bitcoin is the only crypto that we can call good. Ethereum already proved what it can do and so far there are still a lot of ico's that are using their platform so better not to listen in some news now.

I do not agree with the fact that ethereum is shitcoin, this coin is very strong from a prospective project. But at the moment he is going through a difficult time, when marketmakers want so that people lose confidence in the crypto currency and massively sell it for pennies!

The rumors are always threatening when ETH slide the resistance and the value goes down. A coin has a strong influence and accounts for over 90% of the new altcoin built on it and they claim it is shitcoin. This argument is unfounded. If ETH is independent. I think its value has grown significantly. Just a little adjustment to bring the balance, I think ETH will return true value.

Ethereum is just going down because it follows the footsteps  of Bitcoin and of course we are in a bear market so that is quite normal for me.

What kind of insight is that! are you accusing the 3 year old Ethereum Coin as Shitcoin. I think that is a big nonsense accusation the statistics debunk that stupid claim as we all know that Ethereum price was reach $1300 dollars last year and despite of that achievement still someone is calling it a shitcoin what a dumb.

The price of coins doesn't determine whether a project is a good project or a shit project, the market price of a coin is determined by the market demand and supply, when there are more buyers then the prices will increase but when there are many sellers then the price dips, so to make the price of coins go up, we should begin to preach good and talk good about cryptos so that new people will join the space and buy more.  

i think you dont have a guts because you dont think before posting it, etherium is not a shitcoin because it's still alive and alot of ICO and people are still using it.

shitcoin which occupies the 2nd position lol, even if ETH shitcoin i think he will survive, ETH is one of the coins that has the fastest growth in value, just release in 2015, and now have a big comunity, and also one of the coins that has the most ico.

Ethereum is my favorite Altkoin.To that the crypto currency market is not stable now, does not mean that the Ethereum will drop to $ 100. This is one of the most reliable coins.

i think that you are just a shitposter and Ethereum is the cryptocurrency №1, it has more usecases than any other coin among more than 1800 from coinmarketcap, even including bitcoin.

Eth is great and I'm pretty sure that eth is not a shitcoin. Eth is next to btc and no other alts are close to it than eth. Stop the hate and just wait until eth and other alts recover.

Ethereum has a clear future in my opinion, besides that Ethereum is also a platform for many ICO projects, so investors will buy Ethereum to invest in ICOs. in my opinion Ethereum is not shitcoin, but too many negative trends have hit ethereum and other altcoins, making the price fall for a while.

It is your opinion. I havent heard that CEO of Bitmex said this. You provided some local site but not official english source, like cnbc or ccn.
So do not spread false news. Ethereum is not a shitcoin!

I think Ethereum will never cost 100 dollars... And I hope it will rise again very soon...

Only fools sell it at such a low price and smart buy !

If ICOs continue to sell ETH during this time to make a profit, then ETH prices may fall to that level in the near future. ETH is the cryptocurrency that fell the most heavily because all ICO thing scared the market and sold all the time. Hope they can calm down and do not panic sell so ETH can come back up

Ethereum isn't a shitcoin, and there is no way it is coming as low as a hundred dollars. Yes. the coin is really experiencing some difficult moment at this time, but I do not think that it is enough to say that it is one shitty coin. This coin is one of the best we have in the market, and it in a short time, it will prove itself. just relax and watch.

I think Ethereum is still very good for investment and if people think this is a shitcoin then surely you have psychological problems because this is the top coin in this market. Personally, I still choose to invest because Ethereum has a lot of potential and one day this coin can reach $500 if the altcoin season reappears. However, everyone's thoughts are different and you need to have a plan when choosing to invest in this coin.

Wow, this thread started on 2018 when Ethereum price is really going down and we have seen it < $100 isn't it. And then this month alone, it suddenly peaked around $260-$280, that's why we need more patience in this market.

We can't really say that Ethereum is a shitcoin because it is still the top altcoin out there. It might have been undergoing a lot of price correction as we have seen, but it is slowly rising up, so we shouldn't lost hope on this project on the contrary, the it is still one of the best asset to invest specially that we have high hope this 2020-2021 that the crypto market will have a good bounce.

It's even a little strange to see how sometimes they speak of one of the best and most reliable cryptocurrencies. Ethereum has passed the test of time, has a good team that takes care of its improvements. Now we expect the introduction of the largest improvements - Ethereum 2.0. that will bring this coin to a whole new level of development. The number of transactions in ethereum is superior to other coins, including bitcoin. This is one of the most beloved coins on this forum.

If Bitcoin goes down to, let's say 1500$ then it's possible that it can drag down Ethereum to 100$ but it's not possible to see Bitcoin goes down to that extent anymore so ETH will be fine, do not believe everything you read online

Very hard to accept that Ethereum is a shit coins and that it will hit 100$, if this is true why is Ethereum the second best? Do you know how many thousand of coins are under Ethereum? This is no nonsense coin and it's just getting started, those who don't accumulate now will blame themselves later

ETH is very important proejct for the industry and i dont think that it will go to 100 dollars in the future

Whatever he said is his own view and not the view of everyone. If he calls ETH a shitcoin then what do we call the rest of altcoin? Probably he has a biased view about the ethereum and I do not think this is the first time we will be hearing such bad statement not even from someone who has an interest in blockchain project but someone that have invested time, energy and money. When you hear or read about such statement, you should consider it as a propangada directed toward a targeted coin.

It will not and it's still traded above 200 and i think this is an old prediction that must not be discussed again. We just try to take the current price that already available in the market. We must be more realistic with the situation that is still happening in the cryptocurrency.

Bear market affect all coins and one of the things which exists in a bear market is emotions or sentiment, thus during bear market at any slight negatively a token dumps more, but here is the interesting part; when the market start turning for good only the good altcoins appreciates in price while those who aren't dumps more. Now with this at hand, I don't agree that Ethereum is a shitcoin because it has never failed to bounce back once it dumps as a result of the market. If Ethereum is a shitcoin why is it still the number 2 in CMC? And why does it keeps maintaining that position against all odds? What about the other shitcoins which are dying off, how can they be classified? ETH is one of the best altcoins in this crypto space.

I think it's not good to say etheteum a shit coin. Eventhough it's price decreases continously it would be still a high potential coin because of it's volume trading. Maybe ethereum would face a little bit problem, but it is not the reason to be called a shit coin.

"Ethereum is just Shitcoin"... is this true or not? How do you measure truthfulness here? And how can you believe anyone in crypto when each guy is an interested person here? :)

Do you believe what he said? I doubt if ethereum will still come back so low. The one that happened last will be the end of such. Although, ethereum is prone to manipulations, however, which is also what we see happen to others. No matter how much it is manipulated, you will likely not see such price again.

In my opinion , it is impossible that Ethereum is shitcoin. Ethereum platform has been used so many projects. The proof is that eth not go down under $100 . In fact the price of eth is above $200 , now.

I don't consider eth as shitcoin as well. as compared to many blockchain projects, eth has strong development team aside from its well-known founder Vitalik Buterin. Eth platform has solid foundation to begin with and not just an ordinary blockchain project. they changed things in so many ways as there are countless projects that are using their network. and they are continuously developing their platform as we know there is coming Eth 2.0. By any means, I would not consider eth as shitcoin. it goes down just like many other alts, but the difference is, they are not abandoning their platform but rather continue developing it. Buterin will not let his project goes down for nothing. he already built reputation in the crypto community so I don't think he will stake his reputation for money.

This is just another FUD,

Don't let any random statement like this to change your thought about ETH, we all know how good ethereum is and how it was built its reputation to be the second largest altcoin in the market. Going down to $100 is possible if it is highly affected with the bear market but I don't see any reason to call it a shitcoin.

that's just part of someone's predictions, just like people who say bitcoin will go up by $ 50k at the end of 2017, but in fact it doesn't. the likelihood of someone who says etherum will fall to $ 100 is the same. so, it's hard to say which is really going to happen, until now even bitcoin continues to fall after it had reached $ 10k, and etherum still lasts $ 220. in my opinion this is not too bad and etherum will definitely continue to rise again no matter if bitcoin goes up or not.

Of course it's not shit. it’s just written by upset investors or bitcoin maximalists who do not recognize other coins except bitcoin. Tone Vays long time ago said that Ethereum is a shitty coin, but this coin continues to evolve and bring profit to its investors

Anything is possible it could really go down below $100,
But I don't agree that it is a shitcoin because it is a great crypto.
I think this is just another one of those statement that is given to make a FUD to the traders.

Yes , they build their reputation and its only destroy when there are too many shit tokens created  and use ethereum  platform for making too many fraud crowdsale.
How i wish with new ETH version they can solve that issue so investors trust will back again.

yes its not ,its just the platform use as a tool to make different shit tokens in the market.

That's right, Ethereum tokens cannot be categorized into shitcoin, because there have been many project developers who use smartcontrac from Ethereum, and also many have succeeded, meaning Ethereum cannot be said to be shitcoin even though sometimes it has decreased prices, and we cannot judge a coin. only through price alone.

How can anyone say such a thing about Ethereum? This is the shittiest comment I ever saw. LOL! I am not worried at all with ethereum price drop. It is only a matter of time, Eth definitely will rise again.

The price decline is only a corrective process of the market, it is only reflected the demand of eth is decreasing but trading volume can still prove that ethereum's value is not a shitcoin, the buying and selling volume is very large, the market capitalization is still not low while the definition of a shitcoin is low volume, easy to manipulate and few people know about their technology. ETH is still the second largest bridge in this market, if it is truly a shitcoin, perhaps this market soon became a dead zone with no participants

I think he is jealous of what already ethereum achieve so he spread a false news to everybody in the crypto community.
Ethereum is potential coin not a shitcoin let say the price down to $100 and that's not enough to relate ethereum as shitcoin.

The price now is $200 and I believe even the price down a little bit it will move up again this month. Don't trust easily to that person.

This thread has been created for a long time, I don't understand why people are trying to pump it again. Obviously this is just FUD and it just wants to make the price of ETH collapse, but fortunately the price of ETH has recovered and now its price has gone up very high compared to 2019.

If you are reading the title properly and it seems like this opinion came from the ethereum haters as they are still thinking if ethereum will repeat the old history again when it was getting dropped a lot to the bottom. My suggestion is to forget it and just never try to take any blame that comes from the haters. It's just waste our time.

Bitmex CEO or anyone can't confirm shit coin for huge dump. We Ethereum bottom price was 80 USD when Ripple bottom price was more bottom. Now again people has interest to invest in Ethereum, so people like shit coin. Justin sun also called Tron is shit coin, don't believe whatever they said.

i dont know about this guy but you know ethereum can down that price if the market face bearish again. I don't agree ethereum is a shitcoin because  ethereum still no.2 position and still popular altcoin.

it's wrong ethereum is not shitcoin and price eth down not making eth into shitcoin because ethereum have large trading volume and smartcontract eth used in most of these crypto projects proves that eth has a lot of uses, so eth will never be shitcoin

He we go these are some kinda people who will applause when ETH grows and say shit when it turns bear. This entire forum know eth is the king of alts and we have seen the massive growth of ETH in its peak time, these people just create FUDs and want to down ETHs pride. Also we know about the development of this project and they are maintaining their reputation as well, people blindly want to post anything without knowing about the market condition is really hard to understand.

Besides, ETH got the 2nd top ranked coin in coinmarketcap below Bitcoin that should be enough that ETH is not an ordinary coins as what you think. I have been patronizing ETH eversince I got here in this community and so far it never fail my expectations. One of the reason why it is dump right now is because were still in bear trend but if you have seen how much it gained for past year that might convince you that it is a great coin.

I am not a big fan of Ethereum. But I won't agree if someone labels Ethereum as a shitcoin. After the invention of Bitcoin in 2009, the emergence of Ethereum in 2014 was one of the milestones in the history of cryptocurrency. The death of the ICO market has affected its exchange rates, but I am sure that there will be a rebound in the near future.

Ethereum is the true operating system for Blockchain lots of dapps built on it and the recent DEFI projects ..it's hard to grasp some one would make this sort of shitty comment ... well ignorance is bliss what can i say. Similarly warren buffett bashes bitcoin once in a while... those who don't understand the technology make such absurd comments.

This is just ShitNews for me, because it can't be a healthy human opinion in any way. Firstly, may be his mental condition is not ok, or he hates Ethereum from the mind. Maybe Ethereum price dropped to below $100, does it become a shitcoin? Absolutely not instead I think Ethereum is the second best cryptocurrency after Bitcoin.

Ethereum has never been a shit coin right from its inception. We are all aware that ethereum is the second largest cryptocurrency according to the coin market cap. It has maintained that position since I joined the industry and has maintained the position for a very long time. The value may be a far cry from the value of Bitcoin, but it's unique on its own.