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

[Sterbens]

so where do we look at the Shitcoin indicator from Eth? he was joking without getting to know Eth better. could it be that what he thought was Shitcoin was aimed at Vilatik who openly endorsed the Shiba Inu?
a made-up joke.
at least he can show one of the characteristics of Shitcoin.

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[john1010]

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 only shit about ethereum is about their high transaction fees plus the transfer rate is too long, I always read updates about eth and they promise to do something to fix the long time problem specially in eth network.

[bitgolden]

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.

Nobody here can justify that, it is the problem of the people who say that to justify what they said and not our job to justify what they said. I always liked ethereum and even bought some under 100 dollars back in the day, hell I even bought some at 30-40 dollars levels way way way before but I sold them all when it reached 100 bucks for the first time which was my mistake but at least got some of it back later on.

Basically ethereum has been one of the best coins for me for a long time and I believe that will continue for the future as well, whoever thinks that ethereum is a shitcoin is an idiot to me. Maybe I am wrong and they are right but so far history has proven me as the correct one and all the other people who called ethereum a shitcoin has been wrong so far, we do not know what future holds so nobody can discuss that but the past says I am right and they are wrong.

[Twinkledoe]

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.

Nobody here can justify that, it is the problem of the people who say that to justify what they said and not our job to justify what they said. I always liked ethereum and even bought some under 100 dollars back in the day, hell I even bought some at 30-40 dollars levels way way way before but I sold them all when it reached 100 bucks for the first time which was my mistake but at least got some of it back later on.

Basically ethereum has been one of the best coins for me for a long time and I believe that will continue for the future as well, whoever thinks that ethereum is a shitcoin is an idiot to me. Maybe I am wrong and they are right but so far history has proven me as the correct one and all the other people who called ethereum a shitcoin has been wrong so far, we do not know what future holds so nobody can discuss that but the past says I am right and they are wrong.

They can say whatever they want but the platform itself will talk for itself. They can always find the loopholes if they don't like the network and ignore the benefits that it brings to the people. We don't need to follow that kind of people, always looking for something that may cause your downfall. Why not look at the brighter side of things? And appreciate what it is contributing to the crypto market.

[zasad@]

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.

Only idiots can talk like that. Such statements about the largest altcoin with the world's largest ecosystem, which can very easily take 1st place, would be a clear mistake.

I just googled information about these people, one trader, another trader and TV presenter. I wouldn't even take their words seriously

[kawetsriyanto]

Why should care what people like them say? Even haters will always hate whatever the conditions are. And we can't force them to like Etheruem. what matters is in ourselves. No need to listen to things that don't need to be heard, because this can affect our mentality and become carried away by the FUD flow.
Once you like Ethereum or other coins or projects, just focus on it, As long as you have done your own research and use your best strategy and  considerations, you may not need to be influenced by the FUD

[zonefloor]

This idea for ethereum is completely nonsense. 1.si ethereum is still heavily supported by its founder and the update work continues at full speed. Secondly, if ethereum is removed from the cryptocurrency market today, the market will go into a serious collapse. Because I am giving an example in the market, if there are 1000 cryptocurrencies, almost 900 of them use the ethereum subbase. In this case, the cryptocurrency market will collapse seriously. Finally, the majority of those who said this, got this perception after completely elon musk and his tweets. Elon musk has done nothing but manipulate for the cryptocurrency market. But Vitalik's contributions certainly cannot be ignored.

[ene1980]

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.

Fundamentally there is nothing wrong in the statement as ETH is used to create shitcoin and it is a platform to spam the cryptocurrency space and added with the flaws and the network issues and the higher transactions charges what do you expect anyone to address them.

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

The only issue back in the day was the low liquidity but now things have changed and there are many DEX with good liquidity.

[maisao1991]

Every top project has its roots in ERC20, what does this prove? I think Ethereun is a platform worth every project to lay a foundation to invest in, before gas costs are so high that projects leave it, if this shortcoming is fixed, I think all other platforms won't. comparable to Ethereun.

[Bitcoinjheta]

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.

For me, this is a kind of strategic attack to ethereum coin to be spattered making way to other altcoins increase there ranking next to bitcoin. We all know Ethereum coin has already tested for many years being profitable gaining coin of becoming largest community and holders.

[irsada]

Everyone has a different point of view, but will just what some people say will affect ETH?,, I don't think so.
Let's just say it's a criticism so that ETH developers are getting more active to make something even better, because as far as I know there is no altcoin that can surpass ETH until now.

[FinneysTrueVision]

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.

Tone Vays is a loud-mouthed, covid denying, carnival barker. He's full of hot air and anyone who takes him seriously is an imbecile. If it weren't for his obnoxious personality and the propagandizing he would be much more respected because I do think he sometimes makes some good points with regards to altcoins. Over the years he's had some intelligent people on his show like Fluffypony who is not one of these religious zealots.

You mention stablecoins. These might give value to the network but not to the ETH token itself. ETH is only used to pay for gas but aside from that it is just another useless coin like 99% of all the other garbage ERC-20 coins. When you look at decentralized finance it is mostly about speculation and getting huge profit for minimal effort. I understand the appeal but there are also a lot of valid criticisms to be made.

Ethereum didn't create DEXs but they became popular when the ethereum-based ones became ponzi factories.

[VanDeinsberg12]

some people are really against altcoin and just gonna stick with that idea forever maybe because their investment portfolio are largely allocated to bitcoin and that's definitely NOT a problem

and why even cares about their opinion anyway, in my own opinion I consider a coin as a true valuable coin if it somewhat brings innovation and solves the problem that we're facing
it's not like if those people keep calling eth a shitcoin eth gonna magically gone, eth could still grow despite being called shitcoin many times in the past.

[Expecto]

I started thinking like these people are getting paid for saying something like this. Because it is obvious already that Ethereum is not a scam.    If these people are serious about their statements, I really don't understand them.

[larus]

Lets be honest, none tokens will be able to overperform ETH and BTC. Thats how crypto works, name and release date are everything

[_MrTuyul404]

The term shitcoin is used for cryptocurrencies that have very little value or even no value at all.
Is the price of ethereum so small? Oh no, ATH was $4.3k
Ethereum supply is capped at 18 million per year. Due to limited supply, Ethereum eventually became scarce.
Ethereum will no longer be producing additional tokens. In theory, the more tokens the value decreases. The same principle applies to stocks.
So still want to say ethereum is Shitcoin?

[Lantind]

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.

If I see the OP who made this topic it's hard to believe if he doesn't know Ethereum, because the OP has been here since January 2014, of course he knows Ethereum very well, but when there is a topic like this that he discusses, then this will become very strange thing.

[poodle63]

Lets be honest, none tokens will be able to overperform ETH and BTC. Thats how crypto works, name and release date are everything

name and release date aren't everything, ETH could become this big because it was the first cryptocurrency
that offers fully functional smart contract if i'm not mistaken while btc, as you can see is an icon of cryptocurrency.
many old coins that atleast top 10 in CMC once nowadays already got dethroned by newer cryptocurrency which offers more functionality, that's why name
and date isn't the only factor that decide which coin gonna have big market cap.

[Noruka]

I would say that that notion is up to anyone's opinion anyway. It hasn't really ever existed in the sense that Ethereum was commonly known for being a shitcoin. There was the Bitcoin maximalist camp who called it a shitcoin in order to protect their own investments, but that's it.

[fvb]

Anyone who says that ETH is a bad coin, he is a bad person. And in fact, he does not think so, but simply speaks in pursuit of his greedy interests.