Ethereum SCAM?

[nicecrypto]

Eth is slow in terms of price if consider to btc but that is as a result of the many ico's lunched using the eth network, still that is not to be consider eth as scam, inshort, you should give credit to eth, as a result of eth we have many erc20 project in the market with good potential to grow big, not all erc20 project are scam, many are genuine and good.

Naturally, everyone understands that ETH has done a lot for our market, but now it is in such a situation that it is easier for them to be a scam and disappear with all the money.

What kind of situations are you referring to that can not be rectified? Do you think such a reputable company like ethereum will just suddenly turn into scam and disappear? Lol! I don't that is what Vitalik had in mind when he was founded eth, there is always a solution to any problem.

[jarhed]

Eth is slow in terms of price if consider to btc but that is as a result of the many ico's lunched using the eth network, still that is not to be consider eth as scam, inshort, you should give credit to eth, as a result of eth we have many erc20 project in the market with good potential to grow big, not all erc20 project are scam, many are genuine and good.

Naturally, everyone understands that ETH has done a lot for our market, but now it is in such a situation that it is easier for them to be a scam and disappear with all the money.

What kind of situations are you referring to that can not be rectified? Do you think such a reputable company like ethereum will just suddenly turn into scam and disappear? Lol! I don't that is what Vitalik had in mind when he was founded eth, there is always a solution to any problem.

Ethereum is one of the main ponolites of the cryptocurrency market. This platform and coin has very large volumes of popularity and trading around the world.

[jackblacksparrow]

ETH is not a SCAM, not only ETH but all alts are in a bad position now, but I assure you that after the ETH 2.0 update and the transition to PoS will affect the ETH for the better

[Korkorjkk]

Scam projects don't last long. And Ethereum can never be a scam because it has stayed for long. Scam projects usually run away with funds within some months after raising the money.

[suzanne5223]

Eth is slow in terms of price if consider to btc but that is as a result of the many ico's lunched using the eth network, still that is not to be consider eth as scam, inshort, you should give credit to eth, as a result of eth we have many erc20 project in the market with good potential to grow big, not all erc20 project are scam, many are genuine and good.

Naturally, everyone understands that ETH has done a lot for our market, but now it is in such a situation that it is easier for them to be a scam and disappear with all the money.

What kind of situations are you referring to that can not be rectified? Do you think such a reputable company like ethereum will just suddenly turn into scam and disappear? Lol! I don't that is what Vitalik had in mind when he was founded eth, there is always a solution to any problem.

He's definitely talking about the situation which is happening to ethereum back because their project is having some slight network problem which I believe it was because of their recent updating of the network according to the ETH roadmap and I don't see any reason why that's a problem though. Besides, I don't see any reason why the ETH team will run away now or in the future. I guess the above user don't know the reason why this thread was created in the first place.

[anexxty009]

This looks normal for any developer but not enough reason to callnthe developers out as scam and there is no absolute reason to see ETH as scam

[coinsycrip09]

This looks normal for any developer but not enough reason to callnthe developers out as scam and there is no absolute reason to see ETH as scam

yeah, i agree with what you say.
there is no strong evidence that leads to ethereum is a project scam, there are many projects that believe in ethereum and use the ethereum platform. so it's not possible ethereum is a scam. i am sure there is a good explanation to overcome this misunderstanding.

[Coltpython]

The conspiracy surrounding Ethereum is so much. From Vitalik Buterin being shady to Eth not having a maximum total supply. Ethereum is my favourite coin after Bitcoin and all these scam allegations have been debunked. They are unfounded.

[Iykejunior]

why would one call ethereum scam? after the open doors of adoption that ethereum has brought to the blockchain you still call it scam? I believe one day ethereum will almost as important to crypto users as bitcoin

[Maslate]

why would one call ethereum scam? after the open doors of adoption that ethereum has brought to the blockchain you still call it scam? I believe one day ethereum will almost as important to crypto users as bitcoin

That's solely because of the big dump of price, it was over $1K before but now only trading at over $100+, of course those who don't have enough understanding and knowledge about the development of ETH, will call it SCAM.

Mostly, investors are only looking at the price movement, it's value to be specific and now if you look at the chart of ETH, it's going down, and this year although it recovers a bit, but such recovery is not enough to please the investors.

[mindrust]

Really still someone believes that ETH con, personally I doubt it, because if ETH was a scam, it would not be on the 2nd place and people would not believe in it so much

Ripple and bcash are scams but they are #3 and #4. ETH is pretty much in the same boat with them.

The only non-scam coin in the top 10 is XMR and LTC. (BNB is not really crypto, more like a company stock. Can't really say it is a scam though.)

[Ilaya]

Ethereum is a virtual platform that serves as an avenue for complicated financial transaction. It makes transferring of funds efficient and allow for greater operationality for business, Ethereum can never be scammed is a strong crypto currency second after bitcoin

[hv_]

Over promised


Under deliverd



Eferium is just an experiment that didnt work out.

Ethereum is premined scam, if you helping Vitalik and foundation to sell it, you also scamer.

And it was an ICO, they sold securities for money, telling noobs it is the new world computer, the new internet of money, but new they cannot deliver.  This is SEC relevant and illegal.

Edit:  Go down the checks and answer if ETH is a security

•Is there a person or group that has sponsored or promoted the creation and sale of the digital asset, the efforts of whom play a significant role in the development and maintenance of the asset and its potential increase in value?

•Has this person or group retained a stake or other interest in the digital asset such that it would be motivated to expend efforts to cause an increase in value in the digital asset? Would purchasers reasonably believe such efforts will be undertaken and may result in a return on their investment in the digital asset?

•Has the promoter raised an amount of funds in excess of what may be needed to establish a functional network, and, if so, has it indicated how those funds may be used to support the value of the tokens or to increase the value of the enterprise? Does the promoter continue to expend funds from proceeds or operations to enhance the functionality and/or value of the system within which the tokens operate?

•Are purchasers “investing,” that is seeking a return? In that regard, is the instrument marketed and sold to the general public instead of to potential users of the network for a price that reasonably correlates with the market value of the good or service in the network?

•Does application of the Securities Act protections make sense? Is there a person or entity others are relying on that plays a key role in the profit-making of the enterprise such that disclosure of their activities and plans would be important to investors? Do informational asymmetries exist between the promoters and potential purchasers/investors in the digital asset?

•Do persons or entities other than the promoter exercise governance rights or meaningful influence?

 
 

https://www.sec.gov/news/speech/speech-hinman-061418

[xbiv2]

And it was an ICO, they sold securities for money,

Left hand sold to right hand

[bkbirge]

https://cointelegraph.com/news/joe-lubin-only-conceptions-of-bitcoin-and-ethereum-were-immaculate

Against this somewhat fashionable signalling of the death knell for altcoins, a summer 2019 report from institutional crypto exchange San Francisco Open Exchange proposed that Ether is arguably no longer an altcoin as it “is coming into its own as a blockchain that is publicly recognized as an asset on its own terms, much like Bitcoin.”

[Cike_Dati]

Everything will be fine with Ethereum since this platform has already taken very big roots.

[hv_]

Everything will be fine with Ethereum since this platform has already taken very big roots.

 .. big scam roots- absolutely .  Try to sell the dumbest world Computer to the Kids - what a DAO

[akungagal]

That's solely because of the big dump of price, it was over $1K before but now only trading at over $100+, of course those who don't have enough understanding and knowledge about the development of ETH, will call it SCAM.

Mostly, investors are only looking at the price movement, it's value to be specific and now if you look at the chart of ETH, it's going down, and this year although it recovers a bit, but such recovery is not enough to please the investors.

it seems like the person who said ethereum scam was someone who had bought eth at the highest price at that time and when he saw that eth prices were now very down, frustrated him and said that eth was a scam.

i agree with what you say, it takes a lot of understanding and knowledge to understand that ethereum is not a scam. now eth is starting to move up, it's not very good yet. but hopefully there will be a good change in the next few months. and people who say ethereum scam will believe that eth is a good coin and has a value.

[altscaner]

scam? that's a non-suspicious accusation, I think etheruem is not a scam, especially a few hours ago ethereum had a sizable volume on binance, but at this time ethereum had problems with its very tight transactions, I was surprised that ethereum often held forks but for transaction problems it was not resolved. .

[MMA Rats]

Everything will be fine with Ethereum since this platform has already taken very big roots.

I support you, especially since ETH has the largest team that improves its project, I think ETH will become even better after the transition to Pos