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Author Topic: Why I'm NOT Buying Ethereum...  (Read 20663 times)
Solondrado (OP)
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January 15, 2019, 06:59:35 PM
 #1

Intro:

Back in 2017 it looked as if Ethereum was on its rise to becoming a dominant crypto in this sector, then the crash happened...After the big crash the entire crypto market took a hit, but Ethereum seemed to take the biggest hit out of any top 10 coin in the market. Ethereum was eventually "gapped" by XRP. Recently Ethereum has been fighting back to reach 2nd place in the cryptoverse, but here's why I think this will prove to be ineffective.

Ethereum:

The biggest problem with Ethereum is ICO's. ICO's are becoming a thing of the past and STO's are starting to takeover. This could save Ethereum from plummeting further, but the issues is with the fact STO's won't be as big of a craze as ICO's were. STO's require REAL results, while ICO's were just ideas and white papers. STO's require REAL investors with a BIG net worth, while (most) ICO's allowed anyone to invest. The main issue is that not many people will be able to buy into these STO's. There also won't be as many of them as ICO's. I think STO's could actually be successful and potentially great for this community, but their impact on the ETH price won't be near as great as ICO's were.

Where We Are Today:

There are still tons of quality projects out there that have the potential for big rises. Bitcoin is the leader in this market and one can assume will always have some type of value regardless of fundamental uses. Nauticus has been generating a lot of buzz recently with their launch and there's potential for their NTS token to do well within this community. Certain STO's are making great strides in the market and appear to be legitimate projects that should further legitimize this community. WEAK PLAYERS are bailing on crypto & this is GREAT. We want all of the scammers OUT of this community, so that quality projects can soak up the money that is left behind.

Projects mentioned:

Bitcoin - (self explanatory)

Nauticus - https://nauticus.exchange/

Ethereum - (self explanatory)

STO's - https://www.listico.io/sto/list

Disclosure:

Do your own research...be smart with your money  Grin
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January 15, 2019, 07:44:55 PM
 #2

Although i myself back security tokens and prefer them over the utility ones but i do not think this has anything to do with the price of ethereum, i mean eth is a blockchain technology project with smart contracts that can automate most things plus whole lot of other features so icos or stos it simply does not matter for eth network as a company. If you are serious investor then you should know that eth is poised to grow more and more over time.

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Bennix
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January 15, 2019, 07:57:10 PM
 #3

I decided not to buy etherium because the developers have failed to checkmate, evaluate and verify the authenticity and veracity of the project managers using its blockchain to run various ICO.This has resulted in high instability on the future and price of etherium.In order words,there is also tendency that some genuine project managers using etherium blockchain might build their own blockchain, and once this happen ,the liquidity of etherium will be distorted.
However, I observed that etherium developers have not shown the total supply of etherium, and this is one the reasons I decided not to buy etherium because not showing the total supply of etherium means more coins could be created,and this is not a welcome development for long term investors.
Saint1990
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January 15, 2019, 08:02:00 PM
 #4

I saw bunch of post shilling about nauticus exchange and naiticus is very fresh project which need to prove itself in the market. By taking support of ethereum and creating post about ethereum will not gonna work. If you really want to make nauticus successful then try other methods to bring user on nauticus exchange.
About ethereum future with the STOs, STOs will be fully tokenized and obviously there will be demand for the most trusted and adopted blockchain infrastructure like platform like ethereum.

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January 15, 2019, 08:15:10 PM
 #5

Although i myself back security tokens and prefer them over the utility ones but i do not think this has anything to do with the price of ethereum, i mean eth is a blockchain technology project with smart contracts that can automate most things plus whole lot of other features so icos or stos it simply does not matter for eth network as a company. If you are serious investor then you should know that eth is poised to grow more and more over time.

I agree. I think ETH will do good. I think ETH might do better than Bitcoin, but idk how long that will take. I like utility tokens like BNB (Binance), NTS (Nauticus) and then I also like ETH and BTC. If this was about Litecoin, then maybe haha, but not ETH. Eth is poised to do well. It just might fall a lot further before it recovers all the way.
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January 15, 2019, 08:29:07 PM
 #6

Yes, I gree with you. STO's are might be the exit for Ethereum from this long falling. New projects are legit and the percent of scam projects will be reduced. Also it's more difficult to launch STO rather than ICO. I'm still believe in Ethereum.

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January 15, 2019, 08:34:58 PM
 #7

Ethereum has been overtaken by EOS and Cardano in terms of technology so it is likely that they will overtake in the market cap as well in due course. Ethereum is still the ICO king, but not at the current rate of development

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January 15, 2019, 08:47:25 PM
 #8

Now eth hard fork was postponed and ethereum is dropping!
Hopefully I've predicted down trend because 5 hours ago mem pool unconfirmed transactions showed growth and for me it is indicator to open short position.
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January 15, 2019, 09:24:11 PM
 #9

I don't want to buy ethereum for now, for various reasons I have. Especially the price that often decreases makes me a little bored. But I will maintain it until the end of this year. I realize that everyone has different opinions in addressing the development of the project. Well, indeed ethereum will still be a safe coin, at least for the foreseeable future.
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January 15, 2019, 09:33:09 PM
 #10

Everything in this world is changing and Ethereum also does not stand still. Tomorrow we will see the long-awaited improvements to this coin, in October the following improvements should be implemented in it. ICO activities also need substantial reorganization and government regulation. It seems to me that ICO projects will exist for a long time, but in an improved form. STO will not be able to supplant ICO, these are slightly different ways of raising funds and they must exist in parallel with each other.

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January 15, 2019, 09:43:09 PM
 #11

Everyone has the right to choose what he or she believes in and what works for him.
Despite all that is happening in the space, I am of the opinion that ethereum has been of great benefit not only to ICO, buts also to the crypto space in entirety.
It is still the best altcoin, owing from previous and present performances.
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January 15, 2019, 09:44:20 PM
 #12

Interesting point, but in any case the situation now is too confused to make any decent prediction.

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January 15, 2019, 09:58:56 PM
 #13


And I, on the contrary, buy Ethereum, and I believe in its further growth. The new update will fix the previous errors

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January 15, 2019, 10:20:15 PM
 #14

I agree with you on that. Ethereum is gradually becoming a shadow of its forner self with each passing day. ICOs were the major uses of Ethereum but with the way interests in ICOs sre diminishing with each passing day, Ethereum may lose a great deal of its relevance in the space. The team needs to start updating and adding more features to the blockchain. Imagine having a bottleneck situation when people play a cat game

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January 15, 2019, 10:32:37 PM
 #15

Now eth hard fork was postponed and ethereum is dropping!
Hopefully I've predicted down trend because 5 hours ago mem pool unconfirmed transactions showed growth and for me it is indicator to open short position.
Ah now perhaps better keep away from Ethereum, little good news , I think by the end of this year he can show growth , but will need look on market

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Solondrado (OP)
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January 15, 2019, 10:46:00 PM
 #16


And I, on the contrary, buy Ethereum, and I believe in its further growth. The new update will fix the previous errors

The update was just delayed, but it should help. Right now I'm leaning more towards Bitcoin, Nauticus, and as much as ppl hate it a little XRP (yes I know all about XRP and the difference between Ripple lol).
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January 15, 2019, 10:46:53 PM
 #17

I still think Ethereum is under appreciated. For me, it is still going to rally round and do a major sprint. The use case is enormous coupled with the fact that it has massive trade volumes and easily utilized when compared to the other cryptocurrencies. Investing in Ethereum while it is this low is one of the most important things any crypto enthusiast should be looking at doing.
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January 15, 2019, 10:48:19 PM
 #18

I still believe that Ethereum can show its great market rate again. The ocndition of the ETH price is now very annoying. But, this is the time for me to buy more coin. Because I think that ETH can have better price again. This is not about the value today, but the worth of the future with this altcoin.

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January 15, 2019, 10:49:22 PM
 #19

I believe ethereum is still one of the best projects to buy right now, irrespective of how much it has dropped, it is still a long way ahead of blockchain like NEO,EOS, Stratis, TRX etc.
Ethereum dumped hard but if the make trends over the past year is something to go by, it will also respond similarly Tia positive prove change evident in its alternative positions with ripple XRP

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January 15, 2019, 10:59:50 PM
 #20

I still believe that Ethereum can show its great market rate again. The ocndition of the ETH price is now very annoying. But, this is the time for me to buy more coin. Because I think that ETH can have better price again. This is not about the value today, but the worth of the future with this altcoin.

Eth is best alternative compared to eos and neo. Chinese guys want to take leadership but money doesn't talk here(sometimes it does). Competitive market rates don't let quantity go over than quality.

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