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Author Topic: Ethereum: Good alt or stay away?  (Read 67119 times)
Aki4real
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April 04, 2016, 08:15:35 AM
 #1

Hi everyone, I've been around for a while now.. 
I've seen a lot of posts positive and negative about Ethereum.

At the moment I am holding Bitcoins, but I have invested in some Ether as well.

Now I am wondering, what are legitimate concerns about Ether (except for IPO, as I've already read this in a lot of posts).

So can anyone bring real other issues to the table, to enlighten me (and maybe a lot of other readers?)

Thanks!

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April 04, 2016, 02:38:27 PM
 #2

No one will give you good advice.
But mine advice - Keep amount you can easily lose, this market is overvalued for now Wink
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April 04, 2016, 02:40:43 PM
 #3

As long as Ethereum is in continuous development and become more useful in the future, it is a good coin.
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April 04, 2016, 02:41:13 PM
 #4

I think the same: ETH value jumped too fast. Maybe it's a big pump and the dump will follow, or maybe it's legit, but even then the market has a good chance to adjust.
But I don't want you to miss the opportunity because of me being too scared Smiley
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April 04, 2016, 02:47:20 PM
 #5

Hi everyone, I've been around for a while now.. 
I've seen a lot of posts positive and negative about Ethereum.

At the moment I am holding Bitcoins, but I have invested in some Ether as well.

Now I am wondering, what are legitimate concerns about Ether (except for IPO, as I've already read this in a lot of posts).

So can anyone bring real other issues to the table, to enlighten me (and maybe a lot of other readers?)

Thanks!

thats the key, i will only trust in bitcoin, i mean that every trade i made, i made it to get more bitcoins, in the end, is just to get more bitcoins, so to reply you about the main question, is to yes, go into eth if there is a good Price , not like now atm that i'm writing this, since i really think is overvalued now.
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April 04, 2016, 02:53:10 PM
 #6

It has potential,  I'd say but its value went up too high too fast based on hype.  I'm actually surprised that it hasn't crashed ar this point, but that bodes well for you if you hold it. 



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April 04, 2016, 08:47:29 PM
 #7

Ethereum has already gone up so much I don't think it is a good idea to invest a large amount into.
Just invest a small amount you can afford to lose. If it drops then you can think about investing big


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BitMaxz
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April 04, 2016, 09:55:35 PM
 #8

Ethereum has a potencial to growth but its still an altcoin and better to dont invest more than you can afford to lose..
If you are a trader you can try buy some and use it for trading purposes so that you can watchout for the price..

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April 04, 2016, 10:01:45 PM
 #9

Maybe I'm wrong, but I'd expect a correction as after such a sharp rise that used to happen. Otherwise the coin itself has a good potential.
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April 04, 2016, 10:05:25 PM
 #10

You are misinformed. Ethereum is not an Altcoin, it is new blockchain tech that is far different from bitcoin and for a different use. Bitcoin is a store of value. Ether is the fuel to run the ethereum network.

Microsoft is heavily involved in Ethereum.

http://www.zdnet.com/article/microsoft-solidifies-its-blockchain-as-a-service-work-with-new-banking-partnership/

Invest in Ether and long hold for at least 1 year.

Ethereum has a potencial to growth but its still an altcoin and better to dont invest more than you can afford to lose..
If you are a trader you can try buy some and use it for trading purposes so that you can watchout for the price..
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April 04, 2016, 10:13:43 PM
 #11

You are misinformed. Ethereum is not an Altcoin, it is new blockchain tech that is far different from bitcoin and for a different use. Bitcoin is a store of value. Ether is the fuel to run the ethereum network.

Microsoft is heavily involved in Ethereum.

http://www.zdnet.com/article/microsoft-solidifies-its-blockchain-as-a-service-work-with-new-banking-partnership/

Invest in Ether and long hold for at least 1 year.

Ethereum has a potencial to growth but its still an altcoin and better to dont invest more than you can afford to lose..
If you are a trader you can try buy some and use it for trading purposes so that you can watchout for the price..

....if you wanted evidence that this coin is being pumped than this is it.
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April 04, 2016, 10:35:42 PM
 #12

I would stay away from it since there is no real substance to back it & I believe it is just a bogus shell for bitcoin that will burst as any bubble has in the past. Sorry to let anyone that thinks the opposite of my view.

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April 04, 2016, 11:06:51 PM
 #13

Until it does Proof of Stake, it is useless to me,

However even when it does
this is a Major Concern
http://ethereum.stackexchange.com/questions/143/what-are-the-ethereum-disk-space-needs/160#160
Quote
Currently, the network is growing at around 1GB per month. It's hard to anticipate how large it could grow and at what pace, but there are already efforts underway to implement state-tree pruning in various clients. These techniques will contribute towards so-called "light-clients".

That is going to centralize it before long and even sooner if it grows at a faster rate. Tongue
So even when it has PoS, I will probably ignore it.

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April 04, 2016, 11:21:41 PM
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http://ethereum.stackexchange.com/questions/143/what-are-the-ethereum-disk-space-needs/160#160
Quote
Currently, the network is growing at around 1GB per month. It's hard to anticipate how large it could grow and at what pace, but there are already efforts underway to implement state-tree pruning in various clients. These techniques will contribute towards so-called "light-clients".

Just the tip of the iceberg.. Wink

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April 05, 2016, 12:30:25 AM
 #15

It is a good altcoin because I've made a lot of money from ETH.
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April 05, 2016, 12:45:17 AM
 #16

It is a good altcoin because I've made a lot of money from ETH.

The fact you got in early and made money has nothing to do with future price action. I think the money has already been made on Ether during the pump and the future is uncertain. Price has to get past .0372 on Poloniex before I would consider going long again.

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April 05, 2016, 08:47:16 AM
 #17

Great responses guys, without the FUD en hyping I see elsewhere!

Thanks and keep it coming if you feel like you have an useful addition.

So far I've noted an overall positive opinion about ETH and its developments, but it might be overpriced atm.

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April 05, 2016, 09:09:51 AM
 #18

It is a good altcoin because I've made a lot of money from ETH.

The fact you got in early and made money has nothing to do with future price action. I think the money has already been made on Ether during the pump and the future is uncertain. Price has to get past .0372 on Poloniex before I would consider going long again.


The higher price at the moment can make the Ethereum development to continue 4.5 years, within this period, I think there should be some good development.

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April 06, 2016, 08:53:46 AM
 #19

A bump here, wondering if there are more views.. or people don't respond because they are sick of all the ETH posts Smiley

Anyhow, not much to say about ETH except for the IPO and Hyped price atm it seems.
I guess if youre not in it for short term gains (price-action profit) ETH might be a good investment for an altcoin.

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April 06, 2016, 02:44:11 PM
 #20

well, I liked Ethereum as an altcoin and a new technology that brought new features at first. and I really find it interesting. but as days go by I am getting a little disappointed in it.
also from the start, it was all hype. spams everywhere. all the available social media that was remotely related to crypto were being spammed with numerous bots hyping ETH, they still do (not as big) and that is the main reason for the rise. but this kind of rise always has a cap.

another thing that I don't like is the maximum number of coins. not everybody may agree with this but I think a huge number (5x what bitcoin has) will prevent any big price achievement, because there always will be more coins to dump (high supply vs low demand.)

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