Get out of ethereum while you still can!

[bathrobehero]

I see a lot of ethereum fudding going on. I think people just want to make a killing buying in on the dip so they make it sound like all it lost. If the current congestion means ethereum is worthless then so is bitcoin.

BTC and ETH are not even in the same neighborhood. If any coin is overvalued during this crazy crypto pump across all coins, the winner is surely ETH.

Realistically speaking it should not be valued for as much as it does.

Based on what? The fact that its risen so fast? Its a fact that a lot of ethereum is now effectively locked up in various ICOs and the demand for ETH to pay gas fees is rising at an enormous pace. The demand for bitcoin however I feel is more speculative since you don't actually need it for anything, except maybe to buy altcoins on exchanges.

You answered your own question. ETH is like the the new walletbuilders; allowing dumb people to easily create their own scams but with ICOs instead of premines.

"The demand for bitcoin however I feel is more speculative since you don't actually need it for anything, except maybe to buy altcoins on exchanges."

I was about to call you a lot of names but then I checked and your account is barely older than 3 months.

I pay in Bitcoin for almost everything I buy online, it's the gold standard except it's actually more valuable and more useful. Claiming otherwise makes you look like a fool and makes me think why anyone would even care to tell you this...

[Ucy]

Wish you could tell us why it's a scam rather of making a short post and dissappearing from the thread.  Bitcoin needs a strong competition otherwise progress will be slow

[PopuliCapital]

i would hate to see all the suicides from the crash of eth. spare yourself and get out now.

eth is nothing but a house of cards with other houses of cards built on top of it.

in other words, eth is a scam which enables other scams. it won't end well...

ETH is in a bubble, unfortunately, but come on now, a scam?

This is worth a look (http://populicapital.com/website-launch-and-ethereum-correction/). I layered a well known bubble chart from Hofstra University over ETH/USD and the signs are clear that there is a huge crash underway.

For those in it for the long term, you are safe. In 1-2 years time, ETH will be higher again. It is going to pass out Bitcoin in market capitalisation pretty soon also.

But for now, a major correction is needed.

[kalodu]

I see a lot of ethereum fudding going on. I think people just want to make a killing buying in on the dip so they make it sound like all it lost. If the current congestion means ethereum is worthless then so is bitcoin.

BTC and ETH are not even in the same neighborhood. If any coin is overvalued during this crazy crypto pump across all coins, the winner is surely ETH.

Realistically speaking it should not be valued for as much as it does.

Based on what? The fact that its risen so fast? Its a fact that a lot of ethereum is now effectively locked up in various ICOs and the demand for ETH to pay gas fees is rising at an enormous pace. The demand for bitcoin however I feel is more speculative since you don't actually need it for anything, except maybe to buy altcoins on exchanges.

ETH is merely got so much hype due to most of the ICO are going with their platform but no one knows that ETH is controlled by the developer and so can do anything, that is the reason this time we care seeing dump in ETH but it was expected long back, and we can see more down if their is no real support. But in bitcoin you are telling that it is used for buying altcoins then i think you have not used bitcoin for other uses like gambling, in casinos and sports betting, purchase goods online. if your country is accepting bitcoins then you can do much more activity

Bitcoin can be used for gambling and purchasing goods but it isn't required for those purposes. Ethereum can also be used for gambling and purchasing goods and I don't see any technical reason why bitcoin would be able to perform that function better than cash or ETH. The only thing you currently NEED bitcoin for is purchasing alts, and to some extent purchasing black market goods. ETH on the other hand is NEEDED for most ICOs which creates a much bigger real demand, of course there is a big speculative value to it but in my opinion less so than bitcoin.

I see a lot of ethereum fudding going on. I think people just want to make a killing buying in on the dip so they make it sound like all it lost. If the current congestion means ethereum is worthless then so is bitcoin.

BTC and ETH are not even in the same neighborhood. If any coin is overvalued during this crazy crypto pump across all coins, the winner is surely ETH.

Realistically speaking it should not be valued for as much as it does.

Based on what? The fact that its risen so fast? Its a fact that a lot of ethereum is now effectively locked up in various ICOs and the demand for ETH to pay gas fees is rising at an enormous pace. The demand for bitcoin however I feel is more speculative since you don't actually need it for anything, except maybe to buy altcoins on exchanges.

You answered your own question. ETH is like the the new walletbuilders; allowing dumb people to easily create their own scams but with ICOs instead of premines.

"The demand for bitcoin however I feel is more speculative since you don't actually need it for anything, except maybe to buy altcoins on exchanges."

I was about to call you a lot of names but then I checked and your account is barely older than 3 months.

I pay in Bitcoin for almost everything I buy online, it's the gold standard except it's actually more valuable and more useful. Claiming otherwise makes you look like a fool and makes me think why anyone would even care to tell you this...

Again you CAN pay for almost everything in bitcoin but you don't NEED it. To illustrate an example would you say an average person has an advantage in deposing fiat to an exchange to buy bitcoin then using said bitcoin to buy a computer game? IMO there is no reason any rational person would do that.

[joromz1226]

i would hate to see all the suicides from the crash of eth. spare yourself and get out now.

eth is nothing but a house of cards with other houses of cards built on top of it.

in other words, eth is a scam which enables other scams. it won't end well...

Even you said all of this things, I think it will affect at all to the ethereum community, they will still continue to buy more eth.
And also for me even I'm not an eth savvy, but that was before because now I'm an eth believer now.

[bathrobehero]

Wish you could tell us why it's a scam rather of making a short post and dissappearing from the thread.  Bitcoin needs a strong competition otherwise progress will be slow

Why? If anything, altcoins are detrimental to Bitcoin itself. In theory each and every altcoin is created to better and eventually replace Bitcion.

Ethereum offers nothing really useful (over Bitcoin) that you and I can use on a daily basis.

Again you CAN pay for almost everything in bitcoin but you don't NEED it. To illustrate an example would you say an average person has an advantage in deposing fiat to an exchange to buy bitcoin then using said bitcoin to buy a computer game? IMO there is no reason any rational person would do that.

It's completely OK if most people doesn't have to rely on Bitcoin. Not everyone has to use bitcoin.

But it's still way easier to me than dealing with banks or even fiat. Being able to transfer funds across the globe behind prying eyes is invaluable to me.

[btccashacc]

Wish you could tell us why it's a scam rather of making a short post and dissappearing from the thread.  Bitcoin needs a strong competition otherwise progress will be slow

Exactly, we need some critical reasons why etherum price goes down. Well i purchased ETH when the price was 0.13 Bitcoin but i will not sell my eth right now, i just wanna hold them and maybe spend some for new ICO that will be launch at the end of this month since they only accept etherum for their ICO not bitcoin. So much negative rumours spread and i've been told by some people to sell all of my coins well i'm not gonna do that, all i can see the price would be up due to the people will buy eth in order to join the ICO that i've just mentioned above.

[LarryL]

dont panic sell, hodl. thats what im doing.

[AmarO]

Please do get out of Ethereum people I will buy it all up lol and then everyone will return to their senses so I can sell it back to them at a higher price. Margin traders got wrecked on GDAX, well too bad for them, so much improvement is in store for the Ethereum platform.

[chutchmcgillicutty]

Critical reasoning please

seriously man. this whole forum is a bunch of little fucking kids yelling at each other about who's right.

[dissident]

The hunt for the most scalable coins continues.. NEM, Ardor, Pascal, VIA, to name a few... many have "claims" of hundreds to thousands of transactions per second but this is in a controlled environment, not out in the wild amongst networks. It's not just the transaction speed but also how fast it confirms in real world terms... say a coin can go from your wallet and show up as available in poloniex in under 2 minutes.. that would be the coin to look for.

[Babayega31]

To unlucky for you to buy at the peak price but if you could wait for its pump im little bit sure that you can earn with it, And the best thing for you to do now is to hodl since its normally happen for a certain coin to get dump since this tokens are been raised depends on its demand. So try to believe on eth since remember this coin is top 2 in cryptoworld and this one will not be easily to be erased on its state and dump harder than that.

[Armstand]

To unlucky for you to buy at the peak price but if you could wait for its pump im little bit sure that you can earn with it, And the best thing for you to do now is to hodl since its normally happen for a certain coin to get dump since this tokens are been raised depends on its demand. So try to believe on eth since remember this coin is top 2 in cryptoworld and this one will not be easily to be erased on its state and dump harder than that.

Like how we believe in btc, eth will continue to operate even there is dump. Dump nd pump scheme were really part of cryptocurrencies market flows that we have to dealt with and watch out too.

[LIghtvelocityCoin]

I see a lot of ethereum fudding going on. I think people just want to make a killing buying in on the dip so they make it sound like all it lost. If the current congestion means ethereum is worthless then so is bitcoin.

BTC and ETH are not even in the same neighborhood. If any coin is overvalued during this crazy crypto pump across all coins, the winner is surely ETH.

Realistically speaking it should not be valued for as much as it does.

ETH experienced a good marketing. And now it will walk from the peak.

[jmixup]

Critical reasoning please

seriously man. this whole forum is a bunch of little fucking kids yelling at each other about who's right.

This guy hit the nail on the head. So much FUD, opinions based on nothing, racism, name calling, bitching.......this place is horrible these days. No sort of overall community, anyone can just post whatever they want with no moderation lol.

Now with easy to release tokens, wallet builders and no real set of rules stopping hundreds of useless coins being created and posted.
People wonder why they get scammed? Because this place makes it easy for the scammers lol

[FiendCoin]

Critical reasoning please

seriously man. this whole forum is a bunch of little fucking kids yelling at each other about who's right.

This guy hit the nail on the head. So much FUD, opinions based on nothing, racism, name calling, bitching.......this place is horrible these days. No sort of overall community, anyone can just post whatever they want with no moderation lol.

Now with easy to release tokens, wallet builders and no real set of rules stopping hundreds of useless coins being created and posted.
People wonder why they get scammed? Because this place makes it easy for the scammers lol

ETH makes it easy for scammers, duh... What part of that are people not understanding? Oh, that's right, people blinded by $$ signs and shit. Many a shirt will be lost but you can't say you weren't warned...

[jaberwock]

I doubt anyone will feel bullish for a while after the network congestion and the GDAX insta orderbook sweep to $0.1.

Better wait the dip and buy back.

But the dump may be slow.

[Peter789]

Fiend coin. ...hearing ya mate

You and others.

[shaninium]

There will be corrections to eth but as long as the ico craze continues any major dips will be bought into. Also if these apps built on its blockchain are successful then eth will always be needed at a greater rate so demand will only grow in this case. Eventually if demand improves exchanges might make more altcoin trading pairs with ether allowing it to be used more like bitcoin. Also once gpu production catches up with demand the difficulty will be so high that noone will want to sell it cheap and that will also keep its price high. I think theres a better chance of eth price doubling in next 12 months then btc. But yes before that happens there will be corrections. The only problem with ether is its unlimited supply and as far as scams go theres been plenty of those with btc as well.

[BitcoinerXX]

There will be corrections to eth but as long as the ico craze continues any major dips will be bought into. Also if these apps built on its blockchain are successful then eth will always be needed at a greater rate so demand will only grow in this case. Eventually if demand improves exchanges might make more altcoin trading pairs with ether allowing it to be used more like bitcoin. Also once gpu production catches up with demand the difficulty will be so high that noone will want to sell it cheap and that will also keep its price high. I think theres a better chance of eth price doubling in next 12 months then btc. But yes before that happens there will be corrections. The only problem with ether is its unlimited supply and as far as scams go theres been plenty of those with btc as well.

icos, eth, and its founders will probably get hit hard by the sec. insiders will dump before the news makes it public. once rules and regulations are established for icos they will return under bitcoin via rsk where they will flourish. bottom line is eth will be done. i expect eth in the 1-10$ range in the next 18 months.