Bitcoin Forum

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

Frankly there is no comparison between ETH and Bitcoin. In 2017 Bitcoin reached an all time high and so did majority of alts.

Coming to 2021 ETH is in way better position then most other altcoins. Just go and check coinmarketcap for the top 50 and you will know.

The reason why ETH pumped in 2017 was because by the end of the year altcoin season started as Bitcoin dominance went down. In 2021 it is yet to start as Bitcoin is still pumping and still dominating the market.

why look for a new one if the old one is on the right track, remember the ETH 2.0 dude is in progress now, it is likely that in the future the transaction fees will not be as big as now, anyway is there any recommendation from you other than ETH?
rather than still looking for why you should look for something that is not necessarily true.

From that, I think ethereum can increase more than $2,000. No matter if you say that ethereum is a scam, but if ethereum can give me another big profit, I will still use ethereum to make money, and I see that ethereum has the possibility to hit the other high price. When bitcoin prices can increase more, it could give more chances to ethereum to hit the new ATH. And that will be possible to happen when the altcoin season comes in this year, making many altcoins increase, not just ethereum.

Ethereum is over 1000$ now and bitcoin dominance is still affecting Ethereum, when Ethereum surge to 1400$ in 2017 bullrun bitcoin dominance was no more back then, it has already decreased alot and it opens door for altcoin season, now dominance is still very high but Ethereum still made it to 1100$, do you know what will happen if dominance start decreasing? You don't know what you are talking about

Bitcoin and ethereum doesn't have similarities so doesn't need for a comparison between those coins. Growth of ETH depends on its own development not based on bitcoin and if you feel that ethereum is following the bitcoin all the time then you shouldn't invest on ethereum just buy only the Bitcoin.

Ethereum is a great coin and a well-deserved leader in altcoins. Moreover, it is not a fraud, since since 2015 it has been performing various useful functions in the cryptocurrency market. More than 80 percent of tokens are issued on the ethereum platform and this is also an unconditional confirmation of its high image.
Moreover, the current problem with high transaction fees arose precisely because of the high demand for using the ethereum platform, because most of the new DeFi projects were released on its platform. Even many state stablecoins are issued in ERC-20 format.
After a complete update of this coin as part of the improvements to Ethereum 2.0, the position of ethereum will become even stronger, I am completely sure of this.

There has been no competitor to Ethereum so far. We can't call it a coincidence, we can call it the success of the Ethereum blockchain.
Competition is always nice, but there is no platform to rival Ethereum. We must support Ethereum in these terms.

who is scam?. people who selling his eth is scam. ETH didn't scam people whatever you say.

yes of course, on average the projects use eth blockchain. for sure those all called scam.

Whatever, the most undervalued crypto project I know is Ethereum, I don't understand why you called it a scam, in March 2020 I was lucky to buy at 150$ and today it's a bit over 1000$, this project deserves to be sold at 2000$ right now but I believe it will still happen soon, sorry to say OP your point doesn't make sense

Yeah, I still remember went it went $70-$80 a couple of years ago and I said to myself this is the perfect opportunity to invest because the price is so cheap. So look at the price now, maybe its still below their all time high but getting into 4 digits already. It might not be a store of value, and I think it was not design to be like that. It's dapp, so I don't know what the OP is complaining here to the point of calling it shitcoin and scam, Lol.

People are using ethereum on their own risk, I remember there are so many FUD to the ethereum in the past but if we are talking about the scalability problem and this problem has not been expected by etherem code dev when they were deploying ethereum. It's also not easy to fix it consider ethereum has alive and it has millions of users.
To deploy the EIP is need a very complicated process.

You are absolutely right no one can predict about future specially in crypto world every thing is possible but as OP saying its not going to happen because Ethereum and Bitcoin are completely different things crush is possible but not as its peoples feeling about this now its time to touch new highs in this era.

You have been deceived or you are not analyzing it all correctly how can it be called a scam, when it's the second popular coin in the market with billions of market cap, if that's what you choose to believe then we can't do anything on it, there are only few like you when everybody is making profit from Ethereum, you choose not to make profit out of it.

It is possible that those who remain in Ethereum will be able to make up for lost profits when this coin begins to grow rapidly. We are already seeing such an increase, with the price of ETH rising by more than 50% over the past few days. And in the next few days, waiting for an ATH update.

These words come from someone who missed Ethereum train more than once! There are people who are in Ethereum from the start, they sold at top and bought back on bottom, and as it is for all the people who buy on top, they will have to wait before they become green! Of course if they don't sell in the meantime, with loss!
I got in Ethereum late, I could have a lot more Ethereums now, but I didn't have experience back then, and I was reading these "so-called experts" and believed in their "it's a scam". Now I don't trust anyone, especially the ones without solid arguments for their claims (good or bad!), and even before I check someone's arguments I do my own research.

I dont know what you are trying to accomplish but it is quite clear that you are trying to FUD eth as the price is spectacularly rising now. Yes there is a chance that you lost money in Eth but so can you in any other investment including bitcoin.

I’ve remembered it very clearly, the great crash of 2018. But thank God, I still hold and believe in Ethereum. They have positioned very well than the other altcoins right now. For now, only Bitcoin and Ethereum are on a hot streak. Ethereum will never be a scam. This is my favorite altcoin.

In fact, the comparison is not just ethereum, but almost all altcoins. We know that currently, the dominant increase in bitcoin occurs. while ethereum in 2017 was assisted by the ICO which at that time was very popular. So far, I feel that Ethereum's development hasn't been like 2017, it's just that I feel that Ethereum's price development, when bitcoin price is above $ 30k, is currently better than other altcoins.

I think that this year Polkadot can show a good result, the capitalization of Dot coins can increase at least 5 times

Wouldnt bitcoin have the most users? I mean i have created a couple of ETH addresses but they are mainly just to store some tokens. I am not aware of ETH having an actual killer app that people use alot, same as Tron unless you consider Casinos a killer app.. But maybe i am just misinformed and ETH has some killer apps that millions of people use? I mean it would almost have to be billions of users at their current market cap to actually make sense.

Yes maybe eth will go to $3000 this year if bitcoin keeps rising. but if bitcoin crashes a bit eth is back at $100 again sooner than you can say "OUCH", or do you disagree?

I just see no situation where buying eth would ever make sense unless you bought it for $10

At present Ethereum seems more promising in terms of profit ratio as we know bitcoin already rise too much still has the potential to rise more in the coming weeks but I would say Ethereum just started its bull run and I am hoping it will cross its ATH again sooner or later but we should not compare Eth and Btc. We all know its a highly volatile market and can move beyond one's imagination.

It will be wrong to say that Ethereum crashed because the same happened to Bitcoin. Ethereum reached ATH level three years ago, on 14th January 2018 ($1,422 as per Coinmarketcap). At that time, Bitcoin was undergoing a steep correction, with the prices having fallen from $20,000 to around $14,000 per coin in a matter of few weeks. Ethereum prices started crashing only in February 2018.

Bitcoin and etherum are different coins, have different markep caps, trading volume, liquidity and also different prices. so what happens between the increase or decrease in bitcoin and etherum, must be different too. as well as altcoins and other new projects, it will be different. it's just that, the trend will be the same. for example bitcoin as the crypto mainstream has increased purchasing power or trading volume which makes the price rise, then altcoins will also experience the same trend even though the percentage increase is not the same.

If we'll keep on comparing Bitcoin and Ethereum, we'll surely get lost on the right track. These two are different and they both have good potential. Their movement isn't as uniform as what we expect. Ethereum's price doesn't always rely on Bitcoin. I wouldn't personally look for a coin that is better than Ethereum because as for me, it isn't a scam since its foundation is already firm.

it's not entirely ethereum's fault. If you look at it thoroughly, it's not just ethereum that at that time it fell more than 50%. ethereum real projects and they have real use, then why would you call them a scam. to me it is unfounded.

indeed in the future ETH has the potential to fall because the current bullrun looks like a bubble. and sooner or later it will explode. but that does not mean when that happens eth will be worthless, there will definitely be a second chance. the same as today.

Is there a specific reason for spreading the FUD or you missed investing in ETH when it was cheap ?
Whatever the reason be, I find ETH to be in a good position as it is still doing better than most of the altcoins.
It is trusted by many for it's innovative technology and good potential which is the main reason why it is growing better than other altcoins.

big events are often remembered . the drop of eth was serious and gives a serious threats to its life because many believed that eth was a scam and the bubble have burst but all that judge eth too early was wrong  .

 value recovered gradually and together it gained the trust of those who miss interpret eth  . i dont know why there are still that stuck on the past and cant move on ,

issue on eth is already over . it wasnt a scam , cased closed !

The actual reason is that when the market is good then everyone buy bitcoin and the value of it get boosted after that when it reach to a value people start to do trade to earn profit so they also start to buy other coins which then give a chance to other coins to increase their value.

So we have to wait a little and after that the altcoin season will start and the altcoins of other solid projects will also start to rise.

Ethereum may not be a scam. But for sure they can't claim the moral highground like Bitcoin. In case of Bitcoin, there is no evidence to prove that Satoshi Nakamoto ever profited out of his invention. The coins that he mined in 2009 and 2010 are still there and they haven't been moved in more than a decade. On the other hand, Vitalk Buterin and the other Ethereum developers have earned big money from their invention. But it isn't necessarily a bad thing, unless they try to scam others (similar to what Craig Wright did with his BSV shitcoin).

Keep in mind that there is always a risk if you decide to invest in crypto. Today bitcoin continues to grow and maybe tomorrow the price will go down, and this is the very nature of cryptocurrency. Price fluctuations are one of the things you need to pay attention to and you need to set the right strategy so you don't experience losses. The market can change from time to time and that's normal. So what needs to be considered is the risk that may arise such as a price dump suddenly.

I can say that today my successful investment in ethereum has been 100% successful. I got a 100% return on my investment value in less than 30 days. I will probably have some time ahead to think about whether I will sell it 50% and secure the capital or I will continue to hold it until ATH is reached.

What's the BTC yearly return and what about ETH? Compare both and then come to a conclusion. I wouldn’t say it’s better than BTC cause it’s not possible, but calling it a scam or shit is a bad idea I think.
Regarding the return, did ETH have the ATH when BTC had the ATH? No, you have to understand the cycle, in a bitcoin bullrun, everyone accumulate BTC, sell their alt mostly and convert into BTC and once there's alt season, they will convert their BTC into different alt.
ETH will show the green only at the alt season.

I understand you expected so much from the ETH market but ETH is not a shitcoin and its even the number one best altcoin we have in the market.

Before you can judge any altcoin in this established market you need to consider the factors the affected the coin price cause this present market is led by Bitcoin and Bitcoin will reach a certain realm before any altcoin will follow.
ETH is a store of value mate.

You can not compare Bitcoin with any altcoin.

I dont agree with you.

The community is not ready to invest in copycat projects which are just shitcoin.

This is false ETH current transaction was
Fast    - 221 gwei (~ 15 sec)
Average - 181 gwei (~ 1 min)
Low     - 80 gwei (> 10 min)
Where do you get the idea of $20 transaction fees.

ETH has come very close to its previous ath. Since Bitcoin is now dominant, eth is getting a little late to go to its new ath. I think eth could record something more new this year. Maybe it will take some more time.

The market is now in full bull run, so it remains to be seen when eth will go full force towards its new ATH. This is not a scam.

People invest in ETH because there are many coins and projects running above it and this is why they trust in it despite the many red flags that it has around it, also while it is true the coin has given bigger losses than bitcoin when both coins crash at the same time the truth is that since it has a smaller market cap than bitcoin it is easier to move for whales and the profits you can get are also better.

Those that invest in bitcoin not only care about the profits but also about bitcoin being a store of value, but those that invest in ethereum most likely only care about the profits and that is why they keep investing in the coin.

I doubt that time will come again. We saw Bitcoin crashed back to $27,000 for around one hour some days ago but it came back big as it crosses $39,000 today.
One major reason the price won't fall as that of 2017 again is that a lot of big companies have invested in the major cryptocurrencies now and I believe they will protect from falling beyond normal.

Ethereum itself is not a scam even before when the bitcoin price reaches its first ATH. The movement of ethereum is somehow following the movement of bitcoin but not as that as bitcoin reaches the price that high, the ethereum also will. Not every time the prices of each other will follow but the movement of bitcoin really affects the other altcoin. We should wait for the time that the altcoin season will start and let's focus our money to invest in those tokens. Bitcoin's price is too high, profit is on the altcoin for now.

as I said earlier that the increase in altcoin prices does not always depend on the increase in Bitcoin itself and vice versa. currently Bitcoin market dominance is still up significantly and while ETH is also experiencing the same thing although it is not the same as in 2018. but I am sure if Bitcoin experiences a downward correction then Eth still has the opportunity to go up even higher.

Despite the high fees, it's still at the top line for most altcoins. That's what makes it valuable too because of the fees that you guys are paying. I'm not paying for high fees when I transact and I make sure that I'm patient enough to wait a little bit longer and not rushing as I send to save fees.
$1200 is the peak this cycle and will eventually break the last ATH for sure.

You are spreading fud here, Eth with its expensive fees is not the best blockchain but Eth is legit project, Ethereum 2.0 will fix the fees but no body knows how and what the impact to its price when Eth 2.0 released.


Eth is not shitcoin it is being used to deploy smart contract.

This is a good result, but it needs to be fixed. Otherwise, the price can similarly be changed in the smaller side. In such cases, the correct solution should be to use a stop loss. Since everyone has the same expectations about the new ATH of ethereum.

The market still bullish  and if in case that the last ath already been achieved chances that it will aim for more is still possible.

There are many speculation in terms of how the market will proceed, it's no stopping for now maybe if you are already a holder

just keep your position and think twice before taking your next step.

I disagree that Ethereum is said to be a scam and has no value, I also believe Ethereum is currently much better than other altcoins.
I say this not only because I am a supporter of Ethereum, but there is irrefutable evidence that Ethereum has started to return to its ATH price.
This means that many Ethereum holders will get profit from Ethereum, I'm even optimistic that this year's Ethereum price will create a new ATH
like Bitcoin. Don't let your disappointment with the Ethereum transaction fees which are currently rising, so don't admit that Ethereum is a good
and profitable project.

I guess that he wanna try to remind us about the bad scenario that could happen anytime. Bitcoin and any other coins were getting big bullish trend but again it's not will be last forever. The first time that bitcoin pumped to the 20k as its ATH and people were never predicting it the dump to happen started from at the end of January. it says that this is just an awareness thread about the bearish trend that can happen soon.
It's too naïve to call the major coin as the shitcoin.

What is this irrefutable evidence, friend?

Last ATH of Bitcoin was $18k or maybe $20k on some asian exchanges.
So then ETH was $1400.

Now Bitcoin is at $40k and ETH is $1200.

So with Bitcoin you doubled your money, while with ETH you still lost even NOW!

And when it crashes, ETH will go to $50 or maybe $150 but bitcoin will stay high at maybe $20k so why is eth any good? It really isnt. Its only good for the large bag holders who got it for $10.

you know what? I've love to see that happen, I wish it will so I can accumulate cheap bitcoins. I am just actually waiting for the correction to come, and it seems it will not come anytime soon yet since bitcoin is making a new ATH in just a very short period of time.

$40k was achieved? What's next, are we ready for $50K?

Let us then talk like this not only about ETH, but also about all altcoins! Most of them look unimportant compared to bitcoin now, look at the same ICON that made a lot of noise in 2017-2018. It is at the bottom ... It was clear that the market pump would begin with the growth of bitcoin, but the altseason could still be ahead!

You are correct, the growth of the coin each stage isn't the same. Looking at PPT in 2018 and now, it's a huge difference. Altcoins haven't received much attention during this period.

Therefore, you need to invest in Ethereum when the price of Ethereum is at the bottom and then you can get a good profit from this, and if you will invest in Ethereum now, it will be a huge risk and therefore it is worth waiting for a correction and then you can safely invest in Ethereum.

The market is full of ups and downs but it is only natural as it is how the market works. Right now, you cannot prove that Eth is a shit coin with no intrinsic value because the investors are putting a value of it right now. Eth is playing at $1k plus already and it is ready to break it's ATH anytime soon but if you worried that the market will crash again once we can hit a new ATH then you should not worry about it because every happenings has a right time.

Meaning if you can buy at a right time and you can sell at a right time also then you will definitely profit for sure either you are going to buy Eth or other crypto currencies that you think has an intrinsic value.

The good part about buying right now, it would mean you could profit from it when it breaks over ATH and I think it will not stop here after coming this close to ATH price. When bitcoin was around 19k but failed to go above 20k, we waited nearly a month for it to go there, so we should give ETH a bit more time for it to go there. Plus we do have that phase 2 of 2.0 where staking will become a reality and it is about 1 to 2 years away, and I believe it is going to be taking the price a ton higher thanks to that.

However do you know even the best part? If the price ever drops in the next 2 years, you could always buy more from lower level, do a DCA, and you can profit again a lot when it becomes staking because there is no way it would drop after 2.0 became a thing, it will become something profitable for a very long time for everyone.

The same can be said about Bitcoin, most altcoins and even fiat money. ETH isn't the best altcoin ever, but some altcoins aimed to be "ETH killer" weren't performing well.

No worries mate, Ethereum will soon catch up my personal opinion is that Eth will be over 3000 mark by march and there are many fundemantal and technical reasons for that which are obvious like institutional interest is the highest for ETH after btc so those people will be buying big bags of ETH, secondly common people are more interested in ETH now perhaps because btc price seems expensive to them and ETH gives them cheaper option.

I don't think we should even compare these two.

Bitcoin is dominating the market and that doesn't mean that the others are garbage. They are slowly following the steps of bitcoin since some people are actually trading some of their funds to get cheaper altcoins that might follow like Ethereum. There are a lot of times like these and there are a lot of times like in the past where Ethereum reached its ATH while Bitcoin is continuously falling.

So how this applies to current market? BTC is doing well and we are in a bull market why you are talking about crash and cheap Eth etc now? Right now the direction is up and it is expected to continue like this atleast for this whole year with small corrections and dips on the way up so no need to panic.

This time market became more matured. Many institutions invested in BTC and they are not here for a quick profit. That is the reason we are seeing a stable growth of the market and BTC cross the 40k market and still didn't crash at all. As long as BTC stays stable ETH market will also grow potentially and other ALTs too.

i don't think ethereum is scam i really think you don't understand how the market works, not because the bitcoin price increase doesn't mean that the ethereum must follow. what happened before was just a coincidence and does not related to each other.

I think this is a strong statement against Ethereum, But I suspect that you are a supporter of those projects that quietly dubbed as an Ethereum killer. By the way, we are all bound by our own opinion and if you think that ETH is not worthy for your investment then it's only yours and not ours, The data is all against your accusation if Ethereum is a shitcoin like what you said, it should not be in the top spot, the most of the Defi sector was all using Ethereum compared to your so-called Ethereum Killer. so it's clear as the sunshine Ethereum is not a shitcoin but it has a flaw that needs to be fixed by continued development.

This i can definitely agree on a little more. But you have to see in the same time other smaller projects will still be much better than ETH. Like I bought ChainLINK in january 2018 for like 30 cents each and its now $15 so thats x50.

When ETH was at $70 last time you did not even get x15 now. Thats because so many people bought ETH for $10 or even $0.25

We need more projects that have a low price for a long time so everyone can get on for cheap and then when wallstreet x100 the price we all sell :D

There needs to be a correction in the title. ETH crashed from $1,400 to $70 not because of the drop in BTC exchange rates, but as a result of the destruction of the ICO sector. By mid-2018, huge numbers of ICOs were turning out to be scams, and investors had lost large amounts of ETH and BTC by investing in these projects. It was the collapse of the ICO sector which resulted in ETH exchange rates declining to double-digits and the drop in BTC prices didn't had a major impact.

No one says that ethereum is a scam but it's talking about the possibility for the big dump to happen again. We know that this time the market seems facing another correction.
Ethereum gets dumped so hard only on a few hours and bitcoin too.
The possibility for crypto to be dumped again will always there. Just try to be realistic as the bulltrend will not be last forever.

ETH almost hits its 2018 all time high as yesterday it touched $1348 and crashed today. I don't believe there are many people hold ETH from 2018 until today if they bought it at price around $1400 or 0.15 BTC for one ETH.

If people are patient and brave enough to hold like this, at least they deserve an equaliser in $ value. I know they still get loss in BTC value but have an equaliser in one pair is better than double loss in 2 pairs. The equaliser is not take the inflation rate of fiat in the past 3 years.

Market seemed have bounce back already, we might be able to see ETH breaking its current ATH soon. I'm prepared for this and I'm excited on what to see, you know, bitcoin break $20k and it reach $40k, so if the same scenario will happen, probably ETH will be trading at least $3000 which is awesome.

It's great if you still hold Ethereum in your wallet as one of the asset that you put into your portfolio. Ethereum has the potential to hit ATH this year if bitcoin doesn't fall. But if bitcoin crashes, then I don't think ethereum will be able to peak like it did in 2017.

I have happily recommended some friends to buy ethereum since November 2020 and luckily they took the risk and at this point I believe they have made a lot of profit. But now, I seem to prefer to refrain from buying assets in the market because the price in my opinion is quite high. There is a risk I have to consider if I am going to buy and that is accepting all the consequences of the trade should the price fall.

Your reason is not so strong that you say Ethereum is a scam, maybe you are just disappointed by the very high increase in Ethereum
transaction fees. I don't think that Ethereum is a bad project or a scam project, because it is not easy to achieve what Ethereum has done
until now to become the best altcoins.

I don't feel that I lose money when investing in Ethereum, in fact I feel that my profit increases when investing in Ethereum. Maybe you
bought Ethereum at the peak price and when Ethereum fell to the price of $ 70, you cutloss. You should be using the stop-loss feature,
so when the Ethereum price drops you won't lose a lot of money.

I'm not sure of the truth, but there are more predictions coming from the experts stating there is big growth to happen with ethereum by this year. The important thing, it could reach $20k which is something big. When I saw the statement I remembered the old days after the bull market reaching $1400.

After the bull trend of 2017 market crashed after ath, but people were speculating that the upcoming year is for ethereum. We can expect a competence growth against bitcoin and so on. Finally both suffered drastic down market. This time if such situation should not happen. Lets too hope for the best growth.

Always remember that prices doesnt correlate from time to  time.Bitcoin market might rise but doesnt signify that altcoin would really do the same move.
Same goes in other projects as well. I guess youre some fella that had lost much bigtime in ETH? am i right? Why much hate? ETH wont able to reach out
top 2 ranking in overall if this one is truly a shit project. Bitcoin can move on its own but wont really be dragging the entire market but we cant ignore the fact
that it do really drives the impressions overall.When bitcoin market is on dump then same goes to alts too.

Is that so? Then you forgot how ETH was $1400 last time and Bitcoin was $18000. Now ETH is $1200 and Bitcoin is $38000. So how can you have made a profit? Eth is a shitcoin

Every crash is a good time to buy, Ethereum is a big project if crash do comes it's opportunity for those who are smart because with will surely recovers, I bought some Ethereum at 140$ in 2020 March when pandemic took a ton on the world, be smart, some coins will always recovers no matter how down they go

The same can be said for any other altcoin. Everyone has the right to invest in the cryptocurrency that he considers profitable for investment. I do not understand a bit why some of the members of this forum are so negative about Ethereum. Given the high level of capitalization of bitcoin, almost all cryptocurrencies are now following the price movement of bitcoin. Why blame ethereum for this? Moreover, recently this coin has significantly outstripped Bitcoin in price growth and even grew in price during the period. when he fell slightly or practically stood still.
Ethereum is now fully updated. I am confident that this coin will gain even more popularity after this update.

Well I congratulate you. ETH at $140 was a good buy. There was a few that had bigger gains but you had to get very lucky and you would lose alot (trying to find the right one).

So yeah if ETH crashes again to ~$100 i definitely recommend buying.

Will you keep them?

I would suggest you to look at KoinOS it only got listed at coinmarketcap today and its got a very interesting whitepaper, maybe eth killer in the future.. . Very low market cap and good team. They have a couple of videos/interviews on youtube and previous experience with blockchain projects too.Actually justin from TRON bought their project and they were mad and started CoinOS.  This will easily go to $50 mil marketcap in my opinion and from there who knows?

That's a good buy! Taking opportunity from the worst time is the best! I bought some bitcoin at that time with the risk of losing my money in the middle of the pandemic.  Though crypto buyers that time gained so much profit if they hold up to now.

Always buy from the dip!

I do not think that there is any need to worry about Eth price at the moment because we all know btc is always the one that moves ahead of the market when bulls overtake but with recent movements in price i expect Ethereum to really pick up and moon in next few weeks, lets see how it goes.

simple mate, if you don't believe with ethereum, just do not drop your money in ethereum
but the facts, until now ethereum still become the best altcoins,

This is something I never understood in crypto even after years. Why is more expensive good?
It just means theres more room for crash and there is fewer room to grow.

Also look wall street now buying bitcoin off exchanges to keep prices low.

Ethereum has no intrinsic value when it is the second popular coin in the market? if this Ethereum is a shitcoin with no value at all then all coins with the exception of Bitcoin has no value and we do not have to do any research at all because all coins are shitcoin, after Ethereum achieved its position, we should give it the respect it deserves.

More expensive only good for those who has bagholding eth for god knows how long meanwhile for the people who missed the train they gonna hate it. But, most of crypto can be bought in fraction so there's nothing to worry about fewer room to grow and bigger market cap or trading volume make it less vulnerable against market manipulation or panic selling but still vulnerable nonetheless. I think there's no problem with crypto being more expensive.

At least this is the most valuable and most used shitcoin among all of the existing one , and Much better than XRP(ripple) in any sense.
Well correct that now because Bitcoin = 33,000 ETH= 1400$ that's almost 40% growth in just a couple of weeks
If this is scam then what do you call Litecoin,XRP and all those coins in top 100? or all of them specifically ?
Best that you promote one project because it seems that was your main intention .

This is the crypto market and as much as there are technical and fundamental analysis there is a fluidity of great falls or great increases. The big question in my opinion is whether the project is worth such a high valuation to avoid the effects of bombs and evictions. In the case of Ethereum, we can rest assured that we have found application and development.

We must follow the wave.

I don't know about you but Ethereum is no shit coin, just because it dumps more than bitcoin doesn't mean it's a shit coin, we all know every crypto follows bitcoin market movement.
I didn't loose any money staying in Ethereum, I bought a small amount of it when the price was still below $1000 and currently I'm in profit, eth doubled the amount I invested in it,so for me eth is no scam, it has even broken the previous ATH, I'm expecting it to hit $2000 before the bull run ends, don't forget the price of any crypto is determined by demand and supply.

Shitcoins? it seems like he is referring to another coin.

ETH maybe not as profitable as bitcoin now but thus far but it's also bullish and has reached a new ATH if I'm not mistaken.
I understand that now everyone loves ETH, that's normal, and we can't force that thing as there's no guarantee when investing, we are all taking risk. 


The hate of @muenze on ETH is very obvious, I'm wondering what made him/her hate ETH that badly.
Probably he/she failed to sell ETH during the bull run and panic sell when ETH had some major correction.

You forgot to write that with ATH, bitcoin lost 6 times in price, and ethereum - 20 times. Accordingly, now ethereum shows a greater profit from its minimum price than bitcoin. And given the fact that the price of ETH can potentially still increase by 2 times, then the profit on it will be higher.

But isnt this bold part the point? People think ETH is safe because its huge but all bitcoin billionaires think the opposite. They rather bought projects cheap not when they were high already.

See something as KoinOS. If the team can deliver you can make 3000% with eyes closed. If you are very lucky 30000% or even x300000%. Thats why crypto is about. Disrupting markets. Finding new, better solutions and solving problems of mankind. Not making billionaires richer. Not hoping for 50% gains on ETH when it can as well crash by 90% again.

People still dont get it. In a year KoinOS will be $50-500mil and now its $2mil.

Yet they rather buy ETH or Ripple. Ridiculous. I now know why only the 1% get rich

Except last bullrun bitcoin was $18000. Eth was $1400.

Now Bitcoin is $35000-42000 and Eth is $1400.

ETH was down to $70 at one point as BTC was still $3800. Lol.

One thing I am sure of is Ether price is not going to $70 again unless the network is hacked, good Ethereum has not made good gains in BTC value but so is almost all the Altcoins in the space, how many Altcoins has made their ATH against BTC again, look at BNB, check the ATH in BTC because today it made another ATH. Just do bash Ethereum because you don't like it, Ethereum never promise to be a Store fo Value in the first place

indeed, history will repeat itself, but not for now,
i think the history will come out again in the next few years, not in this year my friend
because bitcoin already hit more than $40K and the price of bitcoin will not go under $30K in the near time, i believe that
regards

You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.

Everything is possible though but we shouldnt really crossed out the fact or the possibilities that it might happened once again but to look on whats the current position
of the market then its really hard to believe that we would really be going back into those digits.For now the best thing to be done is to utilize these movements for your
own benefits or advantages.It doesnt matter on where it would be heading as long you do make profits on short time basis then that what matter most.
Price can go to heights that we've never anticipated but it can also go down or crash that we never believe that it would happen again.No one can predict the future in short talks.

Most of the coins now use eth blockchain in their contract, but now eth has its big competitors named binance chain and polkadot. But ak believe that when bitcoin pumps it will be the same for the eth, but takes some time. I don't know if the eth 2.0 is already released with this we can expect that eth will continue to grow higher and higher maybe what we can see in the market is just a dip, sooner or later it will show more patterns that can help us to say what will be its next movement.

Lol. What he should have said is that when compared to Bitcoin, ETH won't stand the chance.

But still to a lot of people, they feel that ETH has no value because their gain after holding for so long has lesser impact or gain when compared to Bitcoin.

Its not only a good thing. Theres a flood of erc20 tokens (and before it was ICOs) but they are kinda ruining crypto.So maybe eth does more harm than good?

Then look at eth costing $50 to transfer a token? Its ridiculous

We should make a scam accusation thread against ETH for these fees

today 1 ETH is now at 1400 level which can still go higher. most times these projects developments usually takes time thats why investors think they are wasting time and slow. until its fully achieved before investors and outsiders see the real purpose of the project. ETH is a project with a massive future which is in progress. no project will have an easy ride. transaction fees is appalling which of the tiring thing with using ETH chain now. it will get better because there is a tight competition already. market crash also will happen which is why you have to determine what you will do in such situations.

Muenze, you cheeky.. :D . My bet that you own a lot of ERC-20 and ETH, but well, would be great to spread some fud to buy more on low.  ;)

Of course I remember, I bet many of us do:) And kudos to everyone who bought as much as possible back when it went down below $100 (and IIRC it twice went down below to $90 even as recently as 2019).

A good network never stays down. And I am happy to say I changed my mind about ETH.

:D

I do use ETH a lot more now than a few years ago. Basically only UniSwap tho and so I also hold more ETH now indeed.

I am not sure Uniswap is that much of a Unique proposition tho because UniSwap would run on any other platform too and not have $50 fees.

I do see ETH getting gains when they finally fix the fees like with ETH 2.0 I guess? No idea when it comes.

But the fact is still a small project WITH A GOOD TEAM like KoinOS I mean look at the devs, their githubs, look at their youtube videos, their former projects. Imagine a UniSwap with NO TX FEES. How can this not go x100 in the long run? Its a much smaller risk compared to eth which was down to $80 last crash :(

just because of that and you said if Ethereum is a scam? and what makes the price of Ethereum go up or down is not Ethereum, but the market that makes the price of Ethereum go up or down, because if a lot of people are investing in Ethereum then of course the price of Ethereum will definitely increase very high, besides that if there is no project from Ethereum, then there will be no idea about smart contract, because the idea comes from Ethereum and of course the idea is very useful until now, therefore Ethereum is one of the best cryptocurrency for now, even though the price of Ethereum has not risen very high from its ATH price, but I believe that soon the price of Ethereum will definitely increase very high (bull run).

I cannot guarantee and believe that ethereum will go very high in the near future but I still agree with you that the usefulness of ethereum is clearly evident in the crypto market, ethereum's network is almost ubiquitous in this market and part of the value of ethereum is based on this, therefore, a view that has no intrinsic value is false. Ultimately, this is an investment market, the value of the asset will increase depending on the investor and the community, scam and no scam, it's really no more important than we can make a lot of money here

I think your wrong. Your comparing 2018 peak of the Altbullrun with  2021 beginning of the Altbullrun.
Eth opend the door for so many projects. I dare to say its probably the most important coin/project of 2021 and for the technology itself.
Different Layers, crosschain ect. Once developed and implemented there will be less fees and faster transactions.
Sure there will be better projects, but you dont need to reinvent the wheel.
If you want to make great gains, its not about ETH!  Go find some Low Cap Low Supply Alts with good narrativ, fundamentals  and potential to Pump x100. Its now or never (Alt least till next cycle)

If Bitcoin is King, Eth is Kingdom, think about that!

Greetings

So what is eth about then for you? You made a pretty high quality post going into some details,
but as already stated last bullrun eth went to $1400 and then down to $80. I mean the only logical
way to hold eth forever no matter the price i can see is if you are Brock Pierce and got like millions
of eth and already sold a good amount. Then indeed at some point you couldnt care less if eth goes
down.

But I assume 99% of people on Bitcoin Talk arent Brock Pierce yet.

So your only chance really is go in low market cap projects if you want financial stability for yourself.

The kinda odd thing with this is even if nobody will ever dethrone ETH, then what is even the use of
Uniswap and all the Tokens? Which then also opens up the question whats the use of ETH with all
its altcoins?

Because as I see it right now store of value (bitcoin, and smaller projects with potential) and
trading are the main features of crypto. There is some percentage being used for payments
too of course, and some other things. And defi too like Nexo (for which you dont need ETH).

But all the other things like oracles/gateways to the real world are still being worked on and
still finding themselves. I think people would prefer decentralized solutions not just an eth token.

I really have no idea why you think ethereum is a scam because if you look at it well back in 2017 bitcoin ath was $19000 while ethereum was $1000 and  we all know how dominant bitcoin has been in the crypto would and lets hope sooner rather that later we would have another alt coin season because ethereum already broke a new ath this month and there is no was its fraud and with the ethereum 2.0 i think eth2.0 would be faster and would also have cheaper sending fee

Its not the case anymore I think... These two leading the market right now is on their own league. They are still leading and still growing. Volumes are getting high rapidly especially on ETH (https://trade.kucoin.com/ETH-BTC) knowing that ETH 2.0 is coming soon. This is what drives ETH more. People are expecting more out of it.

what advice are you giving to replace ethereum? Personally, I really like ethereum, and have made a fair profit from the coin. well, comparing 2018 with this year is not wrong. however, the situation at that time was also different from today. however, I still believe in ethereum. if the price drops, I might come back to collect it again.

2018 was a very good year for the crypto world, and I regret it, because I am not very active in the world of crypto,
therefore 2021 is an opportunity for crypto investors to invest, but before investing in crypto, make sure you really analyze
 the coins you want to invest,  and this is the time

So you are yelling because eth does not growyh as you expect ? Crypto does not work like what you though and probably you did jot fit this world. Ethereum going high in 2018 because it is the first time ccoin which can create other asset with it, but if we see ethereum now at $10k the gas fees will be insane and make this people wont use ethereum anymore and choose another network like Binance smart chain or polkadot.

Lol why is that? If market crashes again ETH would be at $80 again easily. And Bitcoin maybe $3500.

Of course now its changed a bit as theres more interest in crypto so maybe new low for bitcoin would be $10k and for ETH $100. But you have to see ETH also have a lot of problems. Like dApps and Tokens are completely useless with $100 fees. Can call an Uber to transfer your tokens and its cheaper.

there is no doubt as to what happened to ethereum or bitcoin. we already saw how ethereum suffered a very strong fall. some have left but those who believe have certainly benefited from his patience and trust. it is only a matter of time. when the price goes up there will be a decrease, so it will continue. we just need to take the right moment.

ETH has gain a new ATH now and yes there are crypto that is really good for long run that would give you a huge profit just like BTC,
That is why you need to choose wisely where to invest for long term hold not every crypto is great for long term investment and it is the same for short term investment there are seasonal crypto so better clear up your mind when investing,
Are you investing for long term or for a short term to gain fast profit.

With a gas price $20 a transaction, all the smart contract (specially defi) are non functional. The ETH have no choice than crashing their own currency to keep it working.
Stable coins are already moving to new smart contract blockchains, they are buying now in order to crash the ETH very soon.
If ETH continues to go up, then it will become a sub Bitcoin trading only currency, which I don't think will work.

LOL, you need to learn about cryptocurrency. currently, there is no altcoin as good as ethereum. If you see the difference in price, you call it a scam, and I call it an opportunity. however, it happens to almost all altcoins. If you want to be safe, then you have to stick to bitcoins. I think many do not agree with this statement.

agree.
if you compare the price of bitcoin and ethereum it is very different because ethereum always follows the price of bitcoin. Sure enough, in 2017 a new altcoin season will arrive but the price of bitcoin has started to plunge deeply and caused the ethereum price to drop very deeply.
and I agree, this year the altcoin season has not arrived and the price of bitcoin is still stable at $ 40k- $ 35k, this has the potential that ethereum prices will soon catch up with bitcoin.

How many of the users who are posting in this thread were active during 2018, when ETH crashed from $1,400 to $80? The drop in Bitcoin prices played a small part, but that was not the main reason. The most important factor was the complete collapse of the ICO market. Back in 2018, there were a few well known ICOs, which turned out to be scams. The reputation of the ICO sector took an irreversible hit, and along with that the ETH prices also got hurt. That was the main reason for the crash in ETH prices.

If btc will crash like 2018 then the whole market will be doomed

I clearly remember this moment, when ETH was reduced to $ 85, everyone was very disappointed at that time,but I saw the advantages in this, transfers on this blockchain cost about 0.1¢ and erc_20 tokens were transferred without problems, now it is very expensive, if this goes on, then projects can migrate to other blockchains and will be right.

actually what happens with this kind of thinking. seeing the price go up and down thought a scam. when seeing the transaction fees rising so expensive they say a scam.
When you arrive early knowing how the crypto market works then you won't say that everything that happens is a scam. many people including myself also benefit from this very basic market analysis. buy when it's cheap and sell when it's expensive. avoid buying in a bull market. very simple and safe. So why would anyone think something profitable is a scam?

Unfortunately buying low is not only scam but also "ethereum is dead" was vivid around everywhere, just because ethereum price went down (albeit a lot) didn't mean that the coin itself was gone and would never come back, the fact that ethereum stead in top 3 during all of those falls is the example that it was always doing great and never did that bad. This is why I think it is quite important that we should focus on ethereum going down as something as a whole in crypto markets as a whole and not just on ethereum base.

I personally saw those falls many times in crypto and if one coin goes down all by itself, like how XRP did a month or two ago, that is a problem for the coin itself but if the whole crypto market falls there is nothing wrong with the coins and you can buy them when they are cheap and you can sell them when the crypto market goes up together.

Ethereum increased in price contributed to the increase in the price of the of erc-20 from a wallet to the other but Defi contributed more because of the gas war experience in the platform all in the name of getting quick tokens.

When you compare now and then, I don't think Ethereum will crash the way it did back in the previous performance. So many things are put in place and the hope of eth2.0 will make people to hold.

Yep, I was in crypto sphere in 2017 and saw the massive spike of ETH and then it's sudden downfall when it reaches around 70$-80$, and it was the worst, the first bearish trend that I've encountered. But as what the old timer say, it will make you stronger when you see your portfolio going down, don't sell but instead by at this fucking dip. And if we did follow this tip, I'm sure we could have been millionaires by now if we buy a lot of Ethereum that time. Big big lesson to all of us. So in the future, if we ever see another bear market, think of the past and make the right decision.

Everyone who had been in crypto and had experienced the last bullrun may have learned the lesson already to dump what they have to stablecoin before everything falls apart. They know it could happen again because we had been advised over and over that history will repeat itself again. What they do now is just wait. Traders who assumes that $1800 is already the ATH had dumped already.

Exactly. I moved to fiat at $1400, thinking that it would crash soon, but Mr Elon Musk changed the fate and bought some time. Alt season is coming, and like every time it is better to be safe than late! It will happen brutally and if you are still in the game at this time, you will be under the wave for quite a long time...
I am surprised that it still standing at such a hi value with all the problems and bad news for ETH; gas price, USDT that moved to Tron chain and basically all exchanges encouraging the smart contract creators to move to TRC20 asap.
This shows that the value of the crypto is only due to pure speculation in the hand of big whales.
 

I think that your opinion is quite biased and not inherent of any facts. Bitcoin is the foundation for all other cryptocurrencies so naturally if Bitcoin perishes, there is a good chance that other crypto currencies will fall with it. Ethereum is the best thing smoking right now and I feel that it may be seriously undervalued. I wish I had bought in when I first got wind of the ICO, I still remember first reading the white paper. To say that it has no value is ludicrous though.

To each his own though, my opinion!  :-\

a good point from you, but for me, i don't think that ETH will keep decreasing,
the best option for now i think this is the time to hold and be patient,
ETH won't let us be dissapointed, ETH already maintained its position since 2017 as the 2nd best cryptocurrencies, so we don't need to worry about it.

They are already doing it with their transaction fees and so far there is no solution to it. Ethereum has already lost some part of it users, that simply can not afford to use it anymore. The fees has already killed small investors and project supporters. Even pre-sale bonuses does not help. Nowadays you 15$ to but 10$ worth tokens (not the best example, but still). All the projects that are started with enthusiasts will simply die out and only rich one will survive. Soon such slogan as "Ethereum only for the rich" will appear.

Of course, each of us can have our own opinion regarding any of the cryptocurrencies. However, to say that ethereum is a bad coin just because it falls after bitcoin and then slowly rises up is too much. The same can, if desired, be presented to almost all cryptocurrencies. Whoever says bad things about this coin, I have a very good opinion about it and I do not intend to change it. Ethereum has accumulated many of its problems, but now it is being actively updated and it will be possible to judge it after the update.

Now what will you say that ETH has grown from $70 to 2000 again and is now at around 1650 after a dip and hopefully this year it will grow big to 10k range. I just hope that people start acknowledging real projects and stop calling them scam.

You say that ETH is a scam, but did you know that ETH has helped the lives of millions of people? If you say that ETH is a scam, then people will have dumped ETH a long time ago. But what now? on the contrary, people are increasingly getting to know ETH and are interested in investing in this digital asset. What's wrong is not ETH but you. You have misjudged ETH.

Let's wait til ETH will crashed so we can see it cheap again, every time ETH crash, it always gives us an opportunity to fill our pockets, and I don't know if the bull run is already over of this is just a minor pull back for a big run to come. The trend will always happen, pump high and dump high, you should know how to treat this 2 different situation as both offers opportunity for investors.

If you check the coinmarketcap Eth has the alt dominance amongst other coins. Many crypto enthusiast believes in the future of eth and you know it is not be comparable with bitcoin. Others claimed Eth as scam but many users are always on profit because they are taking the opportunity to invest and hold on Eth.

That's impossible to happen dude consider we are facing the bearish trend right now and there is a possibility for ethereum to go back again to the below 1500 and that means if the bearish trend could make ethereum goes down so hard.
it looks like the yearly bullish trend is starting to happen. I personally already prepared this and just convert all of my assets into a stable coin to anticipate the bad trend now.
It seems like people must have prepared themselves for this bearish trend. Bitcoin is always red.  :'(

Everything will crash if btc will drop signficantly. Thats how crypto market always works

true true bro

In my opinion its because all of the crypto is paired with BTC, like in the Forex most of the fiat paired with USD.
So when BTC drop all crypto follows, like how USD impact most of the fiat in the world.

The entire crypto market is chain-linking the blockchain is a system that works together even if not at the same pace but all the various aspects of work in I same direction. I don’t consider ethereum as a scam as the ops have said just because of its market movement there are so many things that slow or hinder ethereum from moving fast as bitcoin such as ethereum pair to most of the Erc20 tokens compare to bitcoin.

The fact is that Bitcoin will remain in the first position and Ethereum will be in the second one. Every crypto is related to one another because they have one thing in common, the blockchain. Still, Ethereum is better than other cryptos that are available in the market for trading. Another project that is neck to neck with Bitcoin and Ethereum is Litecoin. You can invest in this one as it is performing well since the launch. Cryptos see ups and downs just like stocks go up and down. However, what happened in the previous market crash was a renowned one. It's a normal process with every asset that is established.

Sources>> https://www.cryptoknowmics.com/news/why-ethereum-will-rise-in-2021

We don't know yet if the market will crash this time, the previous downtrend turns out to be minor correction and bitcoin is starting to pump again close to breaking back to $50k. Bitcoin has 7% increase today while ETH has 12% increase _https://coinmarketcap.com/

When OP posted this was at 1 cent. Now its 30 cent.

The big advantage of KoinOS is it uses proof of BURN which is essentially proof of stake (so low energy) but it also has the decentralization of proof of work. Everyone can mine it. Its a valid team, not scammers. They have been working together for 6 years.Interviews with them on Youtube etc. Their first project was Steem/Steemit it was pretty good til Justin of TRX ruined it and they learnt a lot from that and are now doing the most decentralized Blockchain ever. KoinOS is in my top5 altcoins that I will hold the next 5 years next to Bitcoin, I can see x100 maybe even x500. It will definitely be bigger than Avax, Polygon, Algorand.. But its still so cheap!