Remember when ETH was $1400 a few years ago then crashed to $70 as BTC crashed?

[muenze]

ethereum is clearly the crypto with the most users, and you can't ignore this fact. maybe they should immediately fix the problem of gas fees so that they don't drag on and don't hurt the crypto community who use ethereum in the medium and large scale

Wouldnt bitcoin have the most users? I mean i have created a couple of ETH addresses but they are mainly just to store some tokens. I am not aware of ETH having an actual killer app that people use alot, same as Tron unless you consider Casinos a killer app.. But maybe i am just misinformed and ETH has some killer apps that millions of people use? I mean it would almost have to be billions of users at their current market cap to actually make sense.

Yes maybe eth will go to $3000 this year if bitcoin keeps rising. but if bitcoin crashes a bit eth is back at $100 again sooner than you can say "OUCH", or do you disagree?

I just see no situation where buying eth would ever make sense unless you bought it for $10

[1714079315]

1714079315

[1714079315]

1714079315

[1714079315]

1714079315

[1714079315]

1714079315

[1714079315]

1714079315

[1714079315]

1714079315

[gurunanakji777]

At present Ethereum seems more promising in terms of profit ratio as we know bitcoin already rise too much still has the potential to rise more in the coming weeks but I would say Ethereum just started its bull run and I am hoping it will cross its ATH again sooner or later but we should not compare Eth and Btc. We all know its a highly volatile market and can move beyond one's imagination.

[bryant.coleman]

It will be wrong to say that Ethereum crashed because the same happened to Bitcoin. Ethereum reached ATH level three years ago, on 14th January 2018 ($1,422 as per Coinmarketcap). At that time, Bitcoin was undergoing a steep correction, with the prices having fallen from $20,000 to around $14,000 per coin in a matter of few weeks. Ethereum prices started crashing only in February 2018.

[fuer44]

Bitcoin and etherum are different coins, have different markep caps, trading volume, liquidity and also different prices. so what happens between the increase or decrease in bitcoin and etherum, must be different too. as well as altcoins and other new projects, it will be different. it's just that, the trend will be the same. for example bitcoin as the crypto mainstream has increased purchasing power or trading volume which makes the price rise, then altcoins will also experience the same trend even though the percentage increase is not the same.

[Cling18]

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

If we'll keep on comparing Bitcoin and Ethereum, we'll surely get lost on the right track. These two are different and they both have good potential. Their movement isn't as uniform as what we expect. Ethereum's price doesn't always rely on Bitcoin. I wouldn't personally look for a coin that is better than Ethereum because as for me, it isn't a scam since its foundation is already firm.

[Nivia1st]

it's not entirely ethereum's fault. If you look at it thoroughly, it's not just ethereum that at that time it fell more than 50%. ethereum real projects and they have real use, then why would you call them a scam. to me it is unfounded.

indeed in the future ETH has the potential to fall because the current bullrun looks like a bubble. and sooner or later it will explode. but that does not mean when that happens eth will be worthless, there will definitely be a second chance. the same as today.

[pawanjain]

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

Is there a specific reason for spreading the FUD or you missed investing in ETH when it was cheap ?
Whatever the reason be, I find ETH to be in a good position as it is still doing better than most of the altcoins.
It is trusted by many for it's innovative technology and good potential which is the main reason why it is growing better than other altcoins.

[imstillthebest]

big events are often remembered . the drop of eth was serious and gives a serious threats to its life because many believed that eth was a scam and the bubble have burst but all that judge eth too early was wrong  .

 value recovered gradually and together it gained the trust of those who miss interpret eth  . i dont know why there are still that stuck on the past and cant move on ,

issue on eth is already over . it wasnt a scam , cased closed !

[mobilestrike]

there are not the same conditions as in 2018 now the dominance of bitcoin on the market is much more pronounced, there is no doubt that bitcoin has reached its all-time high while ethereum trudges and has a slower climb and has not yet reached its maximum value (1400 $) but i think that with a little more time it will get there, at least for me it is not scam

The actual reason is that when the market is good then everyone buy bitcoin and the value of it get boosted after that when it reach to a value people start to do trade to earn profit so they also start to buy other coins which then give a chance to other coins to increase their value.

So we have to wait a little and after that the altcoin season will start and the altcoins of other solid projects will also start to rise.

[bryant.coleman]

If we'll keep on comparing Bitcoin and Ethereum, we'll surely get lost on the right track. These two are different and they both have good potential. Their movement isn't as uniform as what we expect. Ethereum's price doesn't always rely on Bitcoin. I wouldn't personally look for a coin that is better than Ethereum because as for me, it isn't a scam since its foundation is already firm.

Ethereum may not be a scam. But for sure they can't claim the moral highground like Bitcoin. In case of Bitcoin, there is no evidence to prove that Satoshi Nakamoto ever profited out of his invention. The coins that he mined in 2009 and 2010 are still there and they haven't been moved in more than a decade. On the other hand, Vitalk Buterin and the other Ethereum developers have earned big money from their invention. But it isn't necessarily a bad thing, unless they try to scam others (similar to what Craig Wright did with his BSV shitcoin).

[BITCOIN4X]

Keep in mind that there is always a risk if you decide to invest in crypto. Today bitcoin continues to grow and maybe tomorrow the price will go down, and this is the very nature of cryptocurrency. Price fluctuations are one of the things you need to pay attention to and you need to set the right strategy so you don't experience losses. The market can change from time to time and that's normal. So what needs to be considered is the risk that may arise such as a price dump suddenly.

I can say that today my successful investment in ethereum has been 100% successful. I got a 100% return on my investment value in less than 30 days. I will probably have some time ahead to think about whether I will sell it 50% and secure the capital or I will continue to hold it until ATH is reached.

[Little Mouse]

What's the BTC yearly return and what about ETH? Compare both and then come to a conclusion. I wouldn’t say it’s better than BTC cause it’s not possible, but calling it a scam or shit is a bad idea I think.
Regarding the return, did ETH have the ATH when BTC had the ATH? No, you have to understand the cycle, in a bitcoin bullrun, everyone accumulate BTC, sell their alt mostly and convert into BTC and once there's alt season, they will convert their BTC into different alt.
ETH will show the green only at the alt season.

[suzanne5223]

ETH really is a shitcoin with no intrinsic value.

I understand you expected so much from the ETH market but ETH is not a shitcoin and its even the number one best altcoin we have in the market.

Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

Before you can judge any altcoin in this established market you need to consider the factors the affected the coin price cause this present market is led by Bitcoin and Bitcoin will reach a certain realm before any altcoin will follow.
ETH is a store of value mate.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

You can not compare Bitcoin with any altcoin.

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

I dont agree with you.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon!

The community is not ready to invest in copycat projects which are just shitcoin.

No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

This is false ETH current transaction was
Fast    - 221 gwei (~ 15 sec)
Average - 181 gwei (~ 1 min)
Low     - 80 gwei (> 10 min)
Where do you get the idea of $20 transaction fees.

[ScamViruS]

there are not the same conditions as in 2018 now the dominance of bitcoin on the market is much more pronounced, there is no doubt that bitcoin has reached its all-time high while ethereum trudges and has a slower climb and has not yet reached its maximum value (1400 $) but i think that with a little more time it will get there, at least for me it is not scam

ETH has come very close to its previous ath. Since Bitcoin is now dominant, eth is getting a little late to go to its new ath. I think eth could record something more new this year. Maybe it will take some more time.

The market is now in full bull run, so it remains to be seen when eth will go full force towards its new ATH. This is not a scam.

[wxa7115]

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

People invest in ETH because there are many coins and projects running above it and this is why they trust in it despite the many red flags that it has around it, also while it is true the coin has given bigger losses than bitcoin when both coins crash at the same time the truth is that since it has a smaller market cap than bitcoin it is easier to move for whales and the profits you can get are also better.

Those that invest in bitcoin not only care about the profits but also about bitcoin being a store of value, but those that invest in ethereum most likely only care about the profits and that is why they keep investing in the coin.

[Miaallen]

I doubt that time will come again. We saw Bitcoin crashed back to $27,000 for around one hour some days ago but it came back big as it crosses $39,000 today.
One major reason the price won't fall as that of 2017 again is that a lot of big companies have invested in the major cryptocurrencies now and I believe they will protect from falling beyond normal.

[sapnu]

there are not the same conditions as in 2018 now the dominance of bitcoin on the market is much more pronounced, there is no doubt that bitcoin has reached its all-time high while ethereum trudges and has a slower climb and has not yet reached its maximum value (1400 $) but i think that with a little more time it will get there, at least for me it is not scam

The actual reason is that when the market is good then everyone buy bitcoin and the value of it get boosted after that when it reach to a value people start to do trade to earn profit so they also start to buy other coins which then give a chance to other coins to increase their value.

So we have to wait a little and after that the altcoin season will start and the altcoins of other solid projects will also start to rise.

Ethereum itself is not a scam even before when the bitcoin price reaches its first ATH. The movement of ethereum is somehow following the movement of bitcoin but not as that as bitcoin reaches the price that high, the ethereum also will. Not every time the prices of each other will follow but the movement of bitcoin really affects the other altcoin. We should wait for the time that the altcoin season will start and let's focus our money to invest in those tokens. Bitcoin's price is too high, profit is on the altcoin for now.

[lousie9]

as I said earlier that the increase in altcoin prices does not always depend on the increase in Bitcoin itself and vice versa. currently Bitcoin market dominance is still up significantly and while ETH is also experiencing the same thing although it is not the same as in 2018. but I am sure if Bitcoin experiences a downward correction then Eth still has the opportunity to go up even higher.

[blockman]

Despite the high fees, it's still at the top line for most altcoins. That's what makes it valuable too because of the fees that you guys are paying. I'm not paying for high fees when I transact and I make sure that I'm patient enough to wait a little bit longer and not rushing as I send to save fees.
$1200 is the peak this cycle and will eventually break the last ATH for sure.

[devollito]

You are spreading fud here, Eth with its expensive fees is not the best blockchain but Eth is legit project, Ethereum 2.0 will fix the fees but no body knows how and what the impact to its price when Eth 2.0 released.


Eth is not shitcoin it is being used to deploy smart contract.