The notion that “Ethereum is a shitcoin” is passé in 2021.

[DrBitcoin]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

Wouldn’t these people root for DEXs to succeed? They love that Bitcoin is decentralized, DEXs are certainly less centralized than Coinbase.

Can someone justify this to me? I don’t get it.

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[RussianEnglishTranslation]

1st they are likely paid shills by institutions that hold a lot of Bitcoin. Second, people that got into Bitcoin early call everything else a shitcoin because they are afraid that Bitcoin will lose it's value if better cryptocurrencies are adopted. Basically greed and fear.

[ashmodeus]

every coin is a shitcoin except bitcoin, that what max people call , they even seems like making bitcoin like a religion on their minds , but what we can say , they is early player, and also strong hand , since 10 years ago finally patience give a huge profit. just ignoring them , ethereum will continue even without their acknowledgment.

[Ozero]

1st they are likely paid shills by institutions that hold a lot of Bitcoin. Second, people that got into Bitcoin early call everything else a shitcoin because they are afraid that Bitcoin will lose it's value if better cryptocurrencies are adopted. Basically greed and fear.

I also noticed this in the statements of many on this forum. They are trying to denigrate any altcoins, extolling only bitcoin. Thus, they try to protect and enhance their investment in this coin. For my part, I can only say that ethereum has never been, and I hope it will not be a shitty coin. After the update, which is now taking place in the framework of Ethereum 2.0, this coin will retain its position as the leader of altcoins for a long time.

[SUPERSAIAN]

No matter how many problems Ethereum has, I can't say it's shit. provides service to many projects in the market, no matter how many problems there are. There are many competitors for Ethereum now. We will see what will happen when Ethereum 2.0 comes.

[MusaMohamed]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

They can call Ethereum as a shit coin and I think they have reasons for that name-calling.

Ethereum and its smart contract create an ecosystem for scam projects. As a father of that ecosystem, Ethereum is not innocent. I think Ethereum and ERC20 chain help cryptocurrency to grow, catch up new investors, and increase the total capital for crypto market.

Seriously Vitalik and Ethereum should manage that ecosystem better, to eliminate scam projects on ERC20 chain. Vitalik failed to do this mission.

[covfefe_]

I think Ethereum has passed enough test of time to be called itself a promising and defining decentralized crypto. Ethereum pioneered a lot of things with blockchain and the world is not going to be the same. It's in real the most known and talked about coin after bitcoin. An example of great community with much active git than any other popular coins.

[serjent05]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

It is their point of view and how they look at things.  You cannot change them as if it was set in stone unless they decided themselves that they will believe on ETH.  Even many people thinks that Bitcoin is shit, what more ETH.

Wouldn’t these people root for DEXs to succeed? They love that Bitcoin is decentralized, DEXs are certainly less centralized than Coinbase.

Can someone justify this to me? I don’t get it.

They won't if they don't understand how it works.  And from the reference that they call ETH a shitcoin, they will not root for DEX'es.

[mu_enrico]

I get all of ETHs flaws, but it is a working function product.

Yes, it's working to some extent. The thing is ETH offers "world computer" but failed to scale and stuck with high fees just like BTC (or worse).

Can someone justify this to me? I don’t get it.

Those BTC maxi shill of course saying that all coins except BTC is a shitcoin. They are just being paid to do so.

Anyway, IMO ETH with its pre-mine (and hard fork ETC) still inferior to Bitcoin, not necessarily called "shitcoin."

[wxa7115]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

Wouldn’t these people root for DEXs to succeed? They love that Bitcoin is decentralized, DEXs are certainly less centralized than Coinbase.

Can someone justify this to me? I don’t get it.

The tone is harsh as it is obvious ethereum is not a shitcoin however many people are mad at ethereum because they see it as a facilitator of bad coins, we need to recognize that a great deal of coins are bad projects lead by inexperienced developers, and ethereum makes their life easier and while this is good as this brings projects like the ones you mention it also helps bad developers to make their coins.

So some people get mad about this and blame ethereum because of it, also many do not like stable coins because for them it goes against the spirit of bitcoin and the intentions of satoshi so that is yet another reason why they do not like ETH.

[Noruka]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

Wouldn’t these people root for DEXs to succeed? They love that Bitcoin is decentralized, DEXs are certainly less centralized than Coinbase.

Can someone justify this to me? I don’t get it.

Can you even take Max Keiser and Tone Veys seriously ever? I don't see any chance for them to be credible. Max Keiser himself launched Startcoin, if anyone here remembers and he failed. Or he made some money but after all it failed. Tone Veys with his technical analysis frequently failed. Just let them say whatever they want, freedom of speech you know...

[Digital_Lord]

Just ignore these people who are saying that Ethereum is shitcoin. Because they are Bitcoin shillers they have been paid for shilling Bitcoin and damaging others altcoins. Or they are holding BTC their self so they are trying to say that others altcoins are shitcoins so people sell their altcoins and buy Bitcoin.

[bamb]

I personally do not think ethereum is a shitcoin. Ethereum have come a long way, and every step of the way have been challenging to say the least!  Bitcoin is arguably more decentralized than ethereum but,  we must realize that ethereum network have made outstanding progress towards adoption of Cryptocurrency.  Today,  we are talking of defi,  decentralized  exchange and much more.   

[tyz]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

Honestly, many of the top 100 coins are no shit coins. They all build on the same technology and go their own way at one point or another. When people talk about that those top 100 coins are shitcoins, then it usually has to do with the fact that they don't understand the coin.

[Jackl87]

How can people like Max Keiser and Tone Veys still call Ethereum a shitcoin? I get all of ETHs flaws, but it is a working function product. Stablecoins are useful. DEXs are useful. These people are starting to sound like the Peter Shiffs of Bitcoin.

Wouldn’t these people root for DEXs to succeed? They love that Bitcoin is decentralized, DEXs are certainly less centralized than Coinbase.

Can someone justify this to me? I don’t get it.

I would say that the statement "ethereum is a shitcoin" is passé  since 2015. How someone could say that in 2021 is not clear to me. Ethereum is probably the most adapted blockchain that is out there, even the binance smart chain that is praised nowadays for it's low fees and almost instant transactions is basically just a copy and paste of ethereum. As others already mentioned in here, the only reason for people to call ethereum still a shitcoin is probably that they either had a lot of ETH but sold them way to early and are now jealous of ETH hodlers or they are just shillers (paid or unpaid) of competiting projects.

[Jating]

I would say that those two are either bitcoin maximalist or they don't understand how Ethereum works in real world. But we can't argue with them, I think they have made up their mind about Ethereum being a shitcoin, so be it.

But for real crypto users, or investors, Ethereum has a lot of use not just in 2021, but even in the years that it was developed and released. Currently, it has a lot of competition and yet Ethereum is still the prime movers of altcoin market.

[vermigerous]

I think only those who didn't gain any profit on ethereum that says negative in it such that it is a shit coin or so and so, because they didn't get any profit from eth investment. Just now ethereum got boom in 2021 that makes ethereum coin into another level and good reputation coin on exchange markets. It makes it now the king of altcoins, maybe it could be like the price of bitcoin in the near future.

[ashmodeus]

I think only those who didn't gain any profit on ethereum that says negative in it such that it is a shit coin or so and so, because they didn't get any profit from eth investment. Just now ethereum got boom in 2021 that makes ethereum coin into another level and good reputation coin on exchange markets. It makes it now the king of altcoins, maybe it could be like the price of bitcoin in the near future.

nah , that's too childish an excuse for some people like them , its just no more than prestige , i mean just look at them , they even baptize people to make bitcoin a god , they won't need Eth or any altcoins. that on their minds.

[aprilnot]

only fools say ethereum is shitcoin. regardless of his judgment, it would be strange to say the smartcintract platform is a shitcoin. isn't it very clear that smartcontract is driving mainstream adoption. Many altcoin projects released today use smart contracts. so what they say is a mistake.

[distr@yopmail.com]

only fools say ethereum is shitcoin. regardless of his judgment, it would be strange to say the smartcintract platform is a shitcoin. isn't it very clear that smartcontract is driving mainstream adoption. Many altcoin projects released today use smart contracts. so what they say is a mistake.

I'm confused where all this time those people who say ethereum is a shitcoin?
do they not see 2017 being the strongest momentum of ethereum blockchain adoption.
did they not see how ethereum was able to survive this long with the best development of the ecosystem.
they must all regret having said that.