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Ethereum left and right,presented as a great opportunity,future currency etc etc etc then
....
this is the biggest problem in this market.
people read something on the Internet written by some random person who they don't even know and/or trust and they believe it because it is said over and over again everywhere they look.
i wouldn't call ETH scam. it is just a pump and dump, or maybe it is just me and a pump and dump is pretty normal to me.
you should not get your hopes up in these cases, get in and then get out soon. nothing except bitcoin has a solid future. the rest are all doomed.
Yes, most of these coins are just riding the popularity of bitcoins. They all claim to be the next bitcoin which is the biggest problem with these coins in my opinion. They should claim to be themselves and focus on their features instead of copying bitcoin.
It is just like other businesses. Any service that started early will have the advantage. A lot of eCommerce companies tried to compete with Amazon but one was able to beat it. I also think that bitcoins will rule crypto forever.
