"People who have invested on ETH soon will be poor", said CZ #BSC

[numanoid]

ETH version 2 aka ETH. 2.0 will be launched their final phase around in the end 2021 or early 2022
https://cointelegraph.com/news/when-will-ethereum-2-0-fully-launch-roadmap-promises-speed-but-history-says-otherwise

Time to move on to Binance Smart Chain, shall we?
#BSC

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[heyhat]

He starts being ugly lol. I will never invest in his centralized network and its projects. It does not matter how much I will gain from them. If I do not buy ETH, there are plenty of decentralized options, Dot, ADA, Cosmos, Avax etc. etc. BSC network will be at the end of this list.

[bassbity]

looks like ETH. 2.0 wasn't too popular and didn't seem like it was being looked at by any of the big investors. maybe they are starting to be disappointed with Ethereum? Well, to be honest, as small traders we were disappointed, because during the growth of crypto, especially Ethereum, they were busy becoming fee loan sharks. so the impact is that many have left Ethereum this time. where had Vitalik been when a loyal Ethreum user asked for a fee reduction?
so all investors feel they don't care about ETH anymore. 2.0.


we turned to the BSC, and agreed to make the switch

[coinswebid]

He starts being ugly lol. I will never invest in his centralized network and its projects. It does not matter how much I will gain from them. If I do not buy ETH, there are plenty of decentralized options, Dot, ADA, Cosmos, Avax etc. etc. BSC network will be at the end of this list.

maybe he made that twits because of the huge transactions fee on ethereum network mate
for sure, thats could be a reminder for ethereum developer to fix thus issue

[Casdinyard]

Statements without substances won't matter. We have seen, and heard many people who are negative to cryptocurrencies eversince. Any investment has risks, and if you won't be careful with your investments, losses will follow but that's not limited to Ethereum that is why I am confused with this crypto, being mentioned. Above other alts, Ethereum have proven itself and those who are not new in this industry would easily understand why this statement quite sound as a joke. You'll be poor in the world of investments if you will allow yourself to be by making decisions such as selling during bearish market behavior.

[Tytanowy Janusz]

Wrong. He never said that people who invested in ETH will be poor. He said that ETH is rich guys network - damn you need to be rich if you pay 100$ in fees to move funds
and goes on to say that these people will soon be poor ... because of paying such crazy commissions, which in addition will likely continue to grow.

Its not about ETH investors its about ETH users.

[sujonali1819]

Time to move on to Binance Smart Chain, shall we?
#BSC

To be honest ETH is more useless than bitcoin nowadays . And not only eth but also All tokens from eth platform is really useless and I afraid to make a transaction on eth platform.

I paid ~$60 and ~$80 fees for doing a eth token exchange in uniswap. Lol. From that time I started to think maybe this will not big in future due to it’s fee.

If this really run for a long most of the project will migrate to BSC (Binance smart chain), and already it’s started. So I think what the tweet said is atleast a little bit correct.

[Flowzer]

Wrong. He never said that people who invested in ETH will be poor. He said that ETH is rich guys network - damn you need to be rich if you pay 100$ in fees to move funds
and goes on to say that these people will soon be poor ... because of paying such crazy commissions, which in addition will likely continue to grow.

Its not about ETH investors its about ETH users.

It can be true, the cz word is ambigous and have more than 1 interpretation...
But at this time many ETH supporters angry with that tweet because the price ETH keeps dropping and somehow its relate to the tweet (ETH Holders will be poor).

[AB de Royse777]

Wrong. He never said that people who invested in ETH will be poor. He said that ETH is rich guys network - damn you need to be rich if you pay 100$ in fees to move funds
and goes on to say that these people will soon be poor ... because of paying such crazy commissions, which in addition will likely continue to grow.

I must say CZ has a good sense of humour. It's a sarcastic post but OP's title was misleading, and I feel I have wasted my energy LOL

But at this time many ETH supporters angry with that tweet because the price ETH keeps dropping and somehow its relate to the tweet (ETH Holders will be poor).

Let them to drop all the way under $150 :-P
I will buy some :-D

[Renampun]

ETH version 2 aka ETH. 2.0 will be launched their final phase around in the end 2021 or early 2022
https://cointelegraph.com/news/when-will-ethereum-2-0-fully-launch-roadmap-promises-speed-but-history-says-otherwise

Time to move on to Binance Smart Chain, shall we?
#BSC

CZ's statement was extremely dangerous, and could just be a boomerang for him...
BSC is a 'copy cat' of the smart contract eth, is it appropriate for him to say this cruel thing? many respect eth even though the gas fee is crazy, but those who imitate it are very unnatural to say this cruel thing.

[target]

Just right what the people need to read when the bear market is approaching. It's a race to dominate, BSC had grown with a partnership to other projects and so does ETH.  But this tweet sounded like Justin Sun who just happens to discover that he could ride the popularity of a project. No matter I still like BNB and the tokens using BSC.

[Febo]

"People who have invested on ETH soon will be poor", said CZ

How many ETH killers are there?  20, 100, 1000?  There are 4 asset platforms in top6 on coinmarketcap.  I am sure plenty like Tari are still deep in development and not even launched.  Some just dont want to launch a 10% made product with piles of never delivered promises as Etherum did in 2015.

[Review Master]

Time to move on to Binance Smart Chain, shall we?
#BSC

To take advantage of the current hype of BSC, we can definitely use that to grow our portfolio. But it won't be recommended for long term as hype of BSC will be vanished just like DeFi and NFT, IMO. TBH, it's just one kind of marketing from CZ to boost up BSC hype even in bear market. 

[Hamphser]

ETH version 2 aka ETH. 2.0 will be launched their final phase around in the end 2021 or early 2022
https://cointelegraph.com/news/when-will-ethereum-2-0-fully-launch-roadmap-promises-speed-but-history-says-otherwise

Time to move on to Binance Smart Chain, shall we?
#BSC

Still a hard call because even they do say that ETH 2.0 will be launching for this year but doesnt mean that abandoning will be less likely to happen.

Those words from CZ? He might have some points but it quite obvious that he's shilling out his Binance Smart Chain even if it wasnt mentioned
but you can really feel out the motives eh? 

[Lagduf]

A very nice sarcastic post by CZ, some people may get triggered by this post lol.
I see that there are lots of funny replies to the CZ's tweet but this might be the true story at all as the biggest pool against the next proposal. Maybe some people have been migrating to the BSC but this tweet can encourage the newbies to try to use BSC chain.
Eth network can't be used by the poor guy.  Only people who can afford to pay more than $10 for the fees can use ethereum. 

[AmoreJaz]

A very nice sarcastic post by CZ, some people may get triggered by this post lol.
I see that there are lots of funny replies to the CZ's tweet but this might be the true story at all as the biggest pool against the next proposal. Maybe some people have been migrating to the BSC but this tweet can encourage the newbies to try to use BSC chain.
Eth network can't be used by the poor guy.   Only people who can afford to pay more than $10 for the fees can use ethereum.  

it is a tweet, so he can freely say what's in his mind. a discreet promotion of the BSC network , i would say. challenging eth network to do their best as soon as possible. otherwise, a lot of crypto users will opt for BSC these days. tired of hearing complaints also regarding gas fees. eth team should fast track their developments and deploy their phase 1 as soon as possible.
it is really not practical for small traders to use the eth network these days. come this april, eth is saying they will launch their berlin hard fork and also address gas efficiencies. waiting for the moment that we will finally see economical fees in eth network.

[goaldigger]

This is not a good way to attract investors to use BSC, maybe he’s just sarcastic on this one or really meant to create FUD. I do acknowledge the work of Binance, but i think ETH will still be its tough competitor and for sure, it will be hard for them to replace it on top even if they just introduced the BSC platform, ETH will grow as well.

[tabas]

He has his BSC and just like in a typical competition, you'll tell what people should hear about what you have and will give a bad impression of your competitor.
CZ knows he's influential enough to say something like this. But, is Vitalik going to have a rebut?

[examplens]

Wrong. He never said that people who invested in ETH will be poor. He said that ETH is rich guys network - damn you need to be rich if you pay 100$ in fees to move funds
and goes on to say that these people will soon be poor ... because of paying such crazy commissions, which in addition will likely continue to grow.

Its not about ETH investors its about ETH users.

you guessed the point, but I am still surprised. Reading all other comments here seems that most misinterpreted his words.
It's crazy. Or it's just come from hardcore Ethereum defenders.
Also, he has not mentioned BSC anywhere or I miss something?

[numanoid]

To be honest ETH is more useless than bitcoin nowadays . And not only eth but also All tokens from eth platform is really useless and I afraid to make a transaction on eth platform.

I paid ~$60 and ~$80 fees for doing a eth token exchange in uniswap. Lol. From that time I started to think maybe this will not big in future due to it’s fee.

If this really run for a long most of the project will migrate to BSC (Binance smart chain), and already it’s started. So I think what the tweet said is atleast a little bit correct.

Everyone can read what he said? Why you guys need to pay $60-$80 only for 1 trade while you can pay only $0.5-$1 from BinanceSmartChain?

~snip

Doesn't matter we are ETH investor or user, as ETH investor,  your investment would decreased when people prefer to choose BSC instead ETH, and as ETH user, when you need to pay the gas, you must buy ETH first and the fee is crazy compared BSC