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

[LogitechMouse]

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.

There are 2 reasons why they are saying this.

1. Freedom of speech - we are in a place where we can say our opinions freely. If they see Ethereum as a shitcoin then so be it. I don't see any problems with it since they can just say anything that they want to it. They are a huge Bitcoin supporters and for them, all of the coins are shitcoins except for Bitcoin. They are maximalist lols .

2. They are paid - another one is that they might be paid by some random people out there just to say negative things about Ethereum. Its also possible that the other competitors of Ethereum are paying them just to say things like that.

Overall, we know what Ethereum is. Some might say its a shitcoin still after what he did but some will say that it isn't because of the successes and upgrades that they've made.

[Lantind]

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.

Such a person is only more suitable to be called stupid not evil, because greed will not always bring him victory, so don't pay too much attention to such a person because there are more important jobs to ignore.

[wxa7115]

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.

There is not such a thing, no one is paying people to only speak highly of bitcoin, those people are what we call bitcoin maximalists, basically they only believe in bitcoin and nothing more, personally I think there is room for more coins and good projects but to each his own.

However the number of those projects is limited and due to the freedom that we enjoy in this market a great deal of projects do not succeed, which has lead many people to not trust altcoins and this includes ethereum as well.

[justdimin]

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

You could be right about bitcoin because it is the first one and it has a great name, but that wasn't the case for ethereum at all. First of all we had namecoin as second, then for the longest time it was litecoin that was second. In order for ethereum to become second it had to shred its skin, become something new, have an infight that ended up with ETC to be created as the original how it was created, then ethereum had to help other tokens to be created on its blockchain, allow even nations to store stuff in its blockchain and then we are talking about ethereum convincing those places to actually come in, all of which took YEARS before it could happen.

Ethereum wasn't first and it certainly wasn't name neither. It worked very hard, vitalik made it happen and he really gave all the awesome things to ethereum in order to make it the second coin. I am not saying other coins will do it too, all I am saying is it is not timing, so others "can" do it if they work hard enough.

[wxa7115]

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.   

Many people have not been here long enough to remember but the reason many of those that have been here for long enough do not like ethereum has to do with the DAO incident, basically what it happened is that a hacker stole a lot of money from that coin and the ethereum developers decided to fork the chain before this happened giving their money back to the ones that lost that money.

This may seem like a good thing but it violates the concept of the immutability of the blockchain which means that anyone could steal your coins by changing the code, this event is what created ethereum classic which refused to do this and it is one of the reasons why some see ethereum classic as the real ethereum.