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

[Botnake]

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.

I don't know about you but Ethereum is no shit coin, just because it dumps more than bitcoin doesn't mean it's a shit coin, we all know every crypto follows bitcoin market movement.

Shitcoins? it seems like he is referring to another coin.

ETH maybe not as profitable as bitcoin now but thus far but it's also bullish and has reached a new ATH if I'm not mistaken.
I understand that now everyone loves ETH, that's normal, and we can't force that thing as there's no guarantee when investing, we are all taking risk. 

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

I didn't loose any money staying in Ethereum, I bought a small amount of it when the price was still below $1000 and currently I'm in profit, eth doubled the amount I invested in it,so for me eth is no scam, it has even broken the previous ATH, I'm expecting it to hit $2000 before the bull run ends, don't forget the price of any crypto is determined by demand and supply.

The hate of @muenze on ETH is very obvious, I'm wondering what made him/her hate ETH that badly.
Probably he/she failed to sell ETH during the bull run and panic sell when ETH had some major correction.

[tvplus006]

in fact I feel that my profit increases when investing in Ethereum.

Is that so? Then you forgot how ETH was $1400 last time and Bitcoin was $18000. Now ETH is $1200 and Bitcoin is $38000. So how can you have made a profit? Eth is a shitcoin

You forgot to write that with ATH, bitcoin lost 6 times in price, and ethereum - 20 times. Accordingly, now ethereum shows a greater profit from its minimum price than bitcoin. And given the fact that the price of ETH can potentially still increase by 2 times, then the profit on it will be higher.

[muenze]

You forgot to write that with ATH, bitcoin lost 6 times in price, and ethereum - 20 times. Accordingly, now ethereum shows a greater profit from its minimum price than bitcoin. And given the fact that the price of ETH can potentially still increase by 2 times, then the profit on it will be higher.

But isnt this bold part the point? People think ETH is safe because its huge but all bitcoin billionaires think the opposite. They rather bought projects cheap not when they were high already.

See something as KoinOS. If the team can deliver you can make 3000% with eyes closed. If you are very lucky 30000% or even x300000%. Thats why crypto is about. Disrupting markets. Finding new, better solutions and solving problems of mankind. Not making billionaires richer. Not hoping for 50% gains on ETH when it can as well crash by 90% again.

[muenze]

People still dont get it. In a year KoinOS will be $50-500mil and now its $2mil.

Yet they rather buy ETH or Ripple. Ridiculous. I now know why only the 1% get rich

[muenze]

The same can be said about Bitcoin, most altcoins and even fiat money. ETH isn't the best altcoin ever, but some altcoins aimed to be "ETH killer" weren't performing well.

Except last bullrun bitcoin was $18000. Eth was $1400.

Now Bitcoin is $35000-42000 and Eth is $1400.

ETH was down to $70 at one point as BTC was still $3800. Lol.

[jacafbiz]

One thing I am sure of is Ether price is not going to $70 again unless the network is hacked, good Ethereum has not made good gains in BTC value but so is almost all the Altcoins in the space, how many Altcoins has made their ATH against BTC again, look at BNB, check the ATH in BTC because today it made another ATH. Just do bash Ethereum because you don't like it, Ethereum never promise to be a Store fo Value in the first place

[republicrypto]

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.

indeed, history will repeat itself, but not for now,
i think the history will come out again in the next few years, not in this year my friend
because bitcoin already hit more than $40K and the price of bitcoin will not go under $30K in the near time, i believe that
regards

[JooBra]

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.

indeed, history will repeat itself, but not for now,
i think the history will come out again in the next few years, not in this year my friend
because bitcoin already hit more than $40K and the price of bitcoin will not go under $30K in the near time, i believe that
regards

You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.

[Hamphser]

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.

indeed, history will repeat itself, but not for now,
i think the history will come out again in the next few years, not in this year my friend
because bitcoin already hit more than $40K and the price of bitcoin will not go under $30K in the near time, i believe that
regards

Everything is possible though but we shouldnt really crossed out the fact or the possibilities that it might happened once again but to look on whats the current position
of the market then its really hard to believe that we would really be going back into those digits.For now the best thing to be done is to utilize these movements for your
own benefits or advantages.It doesnt matter on where it would be heading as long you do make profits on short time basis then that what matter most.
Price can go to heights that we've never anticipated but it can also go down or crash that we never believe that it would happen again.No one can predict the future in short talks.

[ice098]

You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.

Most of the coins now use eth blockchain in their contract, but now eth has its big competitors named binance chain and polkadot. But ak believe that when bitcoin pumps it will be the same for the eth, but takes some time. I don't know if the eth 2.0 is already released with this we can expect that eth will continue to grow higher and higher maybe what we can see in the market is just a dip, sooner or later it will show more patterns that can help us to say what will be its next movement.

[vintages]

You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.

Lol. What he should have said is that when compared to Bitcoin, ETH won't stand the chance.

But still to a lot of people, they feel that ETH has no value because their gain after holding for so long has lesser impact or gain when compared to Bitcoin.

[muenze]

You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.

Its not only a good thing. Theres a flood of erc20 tokens (and before it was ICOs) but they are kinda ruining crypto.So maybe eth does more harm than good?

Then look at eth costing $50 to transfer a token? Its ridiculous

We should make a scam accusation thread against ETH for these fees

[doctor877]

today 1 ETH is now at 1400 level which can still go higher. most times these projects developments usually takes time thats why investors think they are wasting time and slow. until its fully achieved before investors and outsiders see the real purpose of the project. ETH is a project with a massive future which is in progress. no project will have an easy ride. transaction fees is appalling which of the tiring thing with using ETH chain now. it will get better because there is a tight competition already. market crash also will happen which is why you have to determine what you will do in such situations.

[percy_tc]

You say ETH has no value? You know 90% of coins are eth20 coins right? ETH will pass his all time high soon. The rise of ETH is healthier this time cause we see more side movements which is good.

Its not only a good thing. Theres a flood of erc20 tokens (and before it was ICOs) but they are kinda ruining crypto.So maybe eth does more harm than good?

Then look at eth costing $50 to transfer a token? Its ridiculous

We should make a scam accusation thread against ETH for these fees

Muenze, you cheeky.. . My bet that you own a lot of ERC-20 and ETH, but well, would be great to spread some fud to buy more on low.  

[slaman29]

Of course I remember, I bet many of us do:) And kudos to everyone who bought as much as possible back when it went down below $100 (and IIRC it twice went down below to $90 even as recently as 2019).

A good network never stays down. And I am happy to say I changed my mind about ETH.

[muenze]

Its not only a good thing. Theres a flood of erc20 tokens (and before it was ICOs) but they are kinda ruining crypto.So maybe eth does more harm than good?

Then look at eth costing $50 to transfer a token? Its ridiculous

We should make a scam accusation thread against ETH for these fees

Muenze, you cheeky.. . My bet that you own a lot of ERC-20 and ETH, but well, would be great to spread some fud to buy more on low.  

I do use ETH a lot more now than a few years ago. Basically only UniSwap tho and so I also hold more ETH now indeed.

I am not sure Uniswap is that much of a Unique proposition tho because UniSwap would run on any other platform too and not have $50 fees.

I do see ETH getting gains when they finally fix the fees like with ETH 2.0 I guess? No idea when it comes.

But the fact is still a small project WITH A GOOD TEAM like KoinOS I mean look at the devs, their githubs, look at their youtube videos, their former projects. Imagine a UniSwap with NO TX FEES. How can this not go x100 in the long run? Its a much smaller risk compared to eth which was down to $80 last crash

[kevinzxz]

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.

just because of that and you said if Ethereum is a scam? and what makes the price of Ethereum go up or down is not Ethereum, but the market that makes the price of Ethereum go up or down, because if a lot of people are investing in Ethereum then of course the price of Ethereum will definitely increase very high, besides that if there is no project from Ethereum, then there will be no idea about smart contract, because the idea comes from Ethereum and of course the idea is very useful until now, therefore Ethereum is one of the best cryptocurrency for now, even though the price of Ethereum has not risen very high from its ATH price, but I believe that soon the price of Ethereum will definitely increase very high (bull run).

[geegaw]

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.

just because of that and you said if Ethereum is a scam? and what makes the price of Ethereum go up or down is not Ethereum, but the market that makes the price of Ethereum go up or down, because if a lot of people are investing in Ethereum then of course the price of Ethereum will definitely increase very high, besides that if there is no project from Ethereum, then there will be no idea about smart contract, because the idea comes from Ethereum and of course the idea is very useful until now, therefore Ethereum is one of the best cryptocurrency for now, even though the price of Ethereum has not risen very high from its ATH price, but I believe that soon the price of Ethereum will definitely increase very high (bull run).

I cannot guarantee and believe that ethereum will go very high in the near future but I still agree with you that the usefulness of ethereum is clearly evident in the crypto market, ethereum's network is almost ubiquitous in this market and part of the value of ethereum is based on this, therefore, a view that has no intrinsic value is false. Ultimately, this is an investment market, the value of the asset will increase depending on the investor and the community, scam and no scam, it's really no more important than we can make a lot of money here

[Blockchain_cl]

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.

I think your wrong. Your comparing 2018 peak of the Altbullrun with  2021 beginning of the Altbullrun.
Eth opend the door for so many projects. I dare to say its probably the most important coin/project of 2021 and for the technology itself.
Different Layers, crosschain ect. Once developed and implemented there will be less fees and faster transactions.
Sure there will be better projects, but you dont need to reinvent the wheel.
If you want to make great gains, its not about ETH!  Go find some Low Cap Low Supply Alts with good narrativ, fundamentals  and potential to Pump x100. Its now or never (Alt least till next cycle)

If Bitcoin is King, Eth is Kingdom, think about that!

Greetings

[muenze]

Different Layers, crosschain ect. Once developed and implemented there will be less fees and faster transactions.
Sure there will be better projects, but you dont need to reinvent the wheel.
If you want to make great gains, its not about ETH!

So what is eth about then for you? You made a pretty high quality post going into some details,
but as already stated last bullrun eth went to $1400 and then down to $80. I mean the only logical
way to hold eth forever no matter the price i can see is if you are Brock Pierce and got like millions
of eth and already sold a good amount. Then indeed at some point you couldnt care less if eth goes
down.

But I assume 99% of people on Bitcoin Talk arent Brock Pierce yet.

So your only chance really is go in low market cap projects if you want financial stability for yourself.

The kinda odd thing with this is even if nobody will ever dethrone ETH, then what is even the use of
Uniswap and all the Tokens? Which then also opens up the question whats the use of ETH with all
its altcoins?

Because as I see it right now store of value (bitcoin, and smaller projects with potential) and
trading are the main features of crypto. There is some percentage being used for payments
too of course, and some other things. And defi too like Nexo (for which you dont need ETH).

But all the other things like oracles/gateways to the real world are still being worked on and
still finding themselves. I think people would prefer decentralized solutions not just an eth token.