Ethereum SCAM?

[King Bounty]

I think if Ethereum is a scam there is no longer an ICO that uses Ethereum as a payment, so in my opinion Ethereum is not a scam.

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[Gnosis7777]

Yup, it looks like Vitalik & Co are cashing out some of their 80% premined shitcoin.

This thread amuses me, the people that ignore or poorly attempt to refute this kind of information are like the little children that poke their fingers into their ears and scream 'La la la la la la I can't hear you', when you're saying something they simply don't "Like", in-spite of it's factual efficacy.

The average person has a 6th grade educational level, the average person in crypto probably a 2nd.

ETH is HEAVILY premined.

The Dev's blatantly put 12 million coins into a Genesis Block address for their 'personal use'.

An additional 60 million tokens were allegedly sold to 'anonymous' investors in the ICO. The oddities of that ICO sale however are the subject of debate. There was no linear mean average sales happening per day, thus  the majority of high-volume sales happened non linearly within the span of a few hours in random spikes, with the rest of the time no-one purchasing large amounts. Of course logically this points to a fraction of whale 'purchasers', which was either the Dev's themselves hoarding more coins, or institutional 'group-buys' to later pump&dump their premined shitcoin,. (Enterprise Alliance, anyone, derrrr?)


https://etherscan.io/stat/supply  - it's right in the blockchain newbs, ETH is 72,000,000 premined.

Here's another address of Vitalik pocketing another 12million premine coins for himself:
https://www.etherchain.org/tx/0x9c81f44c29ff0226f835cd0a8a2f2a7eca6db52a711f8211b566fd15d3e0e8d4


Yea, 'but muh devs need billions for da-world supa-puta, it not a ponzi'. If I had billions of dollars I would have built a spacestation on Mars. Vitalik gave you a ponzi scheme that's sole function is to launch more ERC20 ponzi's. What do you think happens when 8/10 of the coins are in only a few people's hands in such an illiquid market? Are you people really that stupid?

Enjoy poverty mETHheads.

[equal2detask123]

I think ethereum is not a scam it is also supported by the increasing number of smart contracts that also support ethereum. Ignore it if there is news that ethereum is a scam. I think it is just an issue and part of the FUD that is trying to destroy the ethereum.

[My yoriyori]

Ethereum is not a scam and it will never be the only thing you can say about ethereum no is price that fall everyday and this not only affecting ETH only it affected all the coin even the ICO

[niazzy]

Ethereum can not be a scam, because it is used throughout the crypto currency, and everyone knows the face of the developer. Imagine if this is a scam, what will happen to him

[Charlotte1337]

Vitalik will get out of the ground, with such appearance, it will save only plastic surgery   Grin. Modern means of surveillance and search of criminals create high risks for such actions. If you do the manipulation, only imperceptibly. Why would he want that money?  What will he do with them? He's rich.

[olayadave]

ethereum scam cryptocurrency will experience a great failure. it is just an issue that is played so that many traders are exposed to panic sell and sell. I am still sure if ethereum will still continue to be one good coin and will not be a scam. so I think now this ethereum can be used as a coin that has good potential

[blockchain-man]

It can be said that ETH is the most potent Altcoin on the market today. Community, market, popularity, technology make up the value of ETH. The value of ETH increases over time. Therefore, ETH is a strong Altcoin most investors choose.

[poiuyt1994]

Scam? i dont think so, etherum is one of the very best projects, with the largest number of markets after bitcoin. they are not scam

[warning_btc]

Peoples forgot meaning the word scam.
If eth not on the good perioud of their live this not makes it scam.
Scam when project gone with your moneys

[Krabat]

The one who claims that the etherium is a scam does not understand the underlying truths. Ethereum is a platform that is the basis for all other projects known to us.

[Egenen]

Scam? i dont think so, etherum is one of the very best projects, with the largest number of markets after bitcoin. they are not scam

Ethereum is not really a scam because they are working on the technology in the coin...people don't have to invest in it..

[rapsonic1337]

I do not think that a person really thinks on this topic, I think that he is worried about some other project, because today almost 100% of people in the crypto-currency world think that the Ethereum project has all the chances to displace our beloved bitcoin.

[munareal]

Ethereum is not a scam. If it was. Many new tokens will not have used its smart contracts for the development of their coins

[GermanCrypt2]

Ethereum is not scam. You should remove your post.

[negaim]

Eth is not a scam.It is one of the most used technology yet and the community is huge also.Its rate is downtrending but hope it will be up soon.

[marapundavela]

It is extremely unlikely that ethereum is a scam for the time being since in the event that you do some profound reseach about it you can't perceive any proof saying it's a scam. By the way ethereum is now a major coin in the market.

[sakuragi21]

I think it's not a scam but ethics have fallen because the bitcoin is so affecting the eth so the price drops eth we do not have to worry about eth's longterm investment like bitcoin so I think the price of eth nextyear so let's just hold our eth it's better to buy eth and hold it for a long time so the profit will increase the bitcoin price. Because of the panic and selling of eth, the price of eth also dropped.

[Xeon]

I don't understand where you have taken this data from. How Ether can be a scam if it is the second world wide known coin, which is in all ratings of experts. It is based on a solid system

[podsnegnik]

I'm sure ethereum is not a Scam.Ethereum is the second largest investment coin on the market.