ETH is a centralized SCAM and will drop to $30 again

[jaberwock]

The first reason people are Investing in the Ethereum is because it is trusted project it has long term goals and utilities, it has top rank in market and it is less volatile. Those people who want to convert their 100$ into 100k$, I am fully sure they are not investing they are placing bet as they are gambling in Crypto Market. Only shitcoin or Meme Coin can give this type of Profit when it is over hyped.
So be careful with your Investment.

That is definitely gambling if someone is trying to turn their 100 dollars into 100k, however if you look back (which is a futile thing right now) you could have just bought bitcoin at 50 dollars and bought 2 of them that would be 100 dollars, and right now it is getting closer to 100k.

You can do that similarly with some other coins as well, but not as clear as this one. Like I remember a period when ETH was 10 bucks, and that means 10 eth, but that is like not even 50k right now, or BNB was like 7 bucks, and you could have bought a bit more but that is not even 30k right now. So it is not really the same except bitcoin, which actually did it.

[BlackBaron]

Seems like clickbait because you created a title to invite a lot of people because of the sensitive title explanation, Your efforts to compare ETH with Coinos will not be comparable because Coinos' rating is far behind, you have to be more realistic when comparing other coins with top coins 2.

[trendcoin]

Why do people go in ETH now or trust ETH now when the secret to success was to buy ETH at $0.25 or $10?

When now you are better off going in projects that are like early eth for example koinos which the devs work relentlessy on daily as you can see on github but its still so cheap as eth was day1 so this is a chance to make $100k from $100 while eth is not only making the rich richer

Ethereum could be one of the most decentralized cryptocurrencies. You can argue that one day it will drop to $30 (very unlikely, but possible) but it is not correct to say that Ethereum is a centralized cryptocurrency. One of the cryptocurrencies with the largest miner community is Ethereum. You are making an unfair criticism. It is impossible to take into account your claims.

[SistaFista]

The problem is, we weren't know if ETH price would become $3k when it was still $10.
On the other hand, Koinos coin, if we see coinmarketcap, the price is already more than 15x from the initial price.
It is a good opportunity to buy it, using Proof of Burn that hopefully more effective than Proof of Work or Proof of Stake.

[mindrust]

The problem is, we weren't know if ETH price would become $3k when it was still $10.
On the other hand, Koinos coin, if we see coinmarketcap, the price is already more than 15x from the initial price.
It is a good opportunity to buy it, using Proof of Burn that hopefully more effective than Proof of Work or Proof of Stake.

Quite right. People didn't believe DOGE would go to ~$1 neither when it was trading at $0.0000x. Those who did however become incredibly rich. Some other shitcoins though collapsed collapsed and never reached their ATH again. It like playing slots imo. DOGE was about memes and it was fun n shit but who would have guessed that Elon would pump it?

I haven't heard of ProofOfBurn before. Sounds promising btw.

[Reid]

Why do people go in ETH now or trust ETH now when the secret to success was to buy ETH at $0.25 or $10?

When now you are better off going in projects that are like early eth for example koinos which the devs work relentlessy on daily as you can see on github but its still so cheap as eth was day1 so this is a chance to make $100k from $100 while eth is not only making the rich richer

That's true. Ethereum is way expensive but what coin will you trust nowadays? The name of the coin that you told was unknown to me so I think I'll pass.
What else is there? That's the hardest part when you want security and a long term investment. You just don't know which coin will vanish all of a sudden or is a scam attempt.
Isn't it better to just put it somewhere who built roots to be trusted by many? That's Ethereum, and Bitcoin. It may be expensive but so does they say 2 years ago when it was at $150.

ETH is a centralized SCAM and will drop to $30 again

I hope it does, so I can buy more.  

[luckyjoe]

Since so many ask..... Why ETH is a centralized SCAM?

ONE person runs it. The fees for a long time were up to $100 for tokens .... you could send your transaction by AIR MAIL or bicycle courier and it would be cheaper.... That is a scam clearly. Nobody in crypto should ever pay $100 for a transaction. I know its cheaper now but they stole our money for YEARS.

One person runs ETH. If Vitalik has a car crash ETH crashes back to $30 or $70 like last time. Bitcoin cannot crash because its decentralized.

And the bigger problem? ETH is high and it always crashes the crypto market like last time it went from $1500 peak down to $80 again and took even bitcoin with it. So thats an extremely high risk but only few people can usually see it because always the masses get screwed over and only few win. Now whats the upside? Did anyone even ever look at how much market cap eth needed to be for you to become a millionaire? With your $1k or $10k or even $100k investment in ETH? Maybe when 1 eth gives you 1 building in new york... Maybe then it would work.......... but how realistic is this??

With KoinOS..... it can easily go x100 still. Maybe even x1000 (40bn market cap) so with KoinOS a LOW RISK with great upside..... you might actually be able to buy an apartment in NYC with a pretty small investment some day........

They are having some amazing features no other blockchain has and now we are still early I just bought more today. 

[darkangel11]

One person runs ETH. If Vitalik has a car crash ETH crashes back to $30 or $70 like last time. Bitcoin cannot crash because its decentralized.

ETH is run by about 200 devs. Vitalik has a lot to say but I doubt the coin would cease to exist because he had a car crash.
If ETH is such a shitcoin, what about projects that use ETH chain? Are they all shitcoins too?
Bitcoin cannot crash? That's a new one. What about 2014 and 2018? What about 2020 covid crash?

And the bigger problem? ETH is high and it always crashes the crypto market like last time it went from $1500 peak down to $80 again and took even bitcoin with it.

You don't know how the market works. ETH never made bitcoin crash it's always the other way round.
You talk like someone who lost money on ETH and is trying to promote some unpopular altcoin to make some money back.

[Dollar_Hunter]

do you want to spread FUD for Ethereum?, look guys!,
you should really make news that promises to drop the price of Ethereum!,

I understand you, because I once sold Ethereum at $100, and now I really regret it,
 if you want Ethereum at a low price, too bad you're wasting your time

[Mosharafhh]

Ha ha ha Funny eth is a platform which is most usable now a days if you follow new upcoming project they just only bridge with eth i mean they just follow eth project just they flow over eth i mean you can check every new rpc which on chainlist everyone is focus on eth address and all thing first occurs on eth!! Is it not normal everyone will like eth most than others?

[Xal0lex]

Why do people go in ETH now or trust ETH now when the secret to success was to buy ETH at $0.25 or $10?

When now you are better off going in projects that are like early eth for example koinos which the devs work relentlessy on daily as you can see on github but its still so cheap as eth was day1 so this is a chance to make $100k from $100 while eth is not only making the rich richer

Trusted because ETH is already a deflationary asset that will allow the price to rise in the future, it is an attractive investment asset, which is why more and more ETH is leaving exchanges and settling in investors' wallets. Trust because ETH is a huge ecosystem with a huge number of tokens deployed on it.

There are a lot of ETH killers, but few people need them and they are not as popular as ETH. ETH has a lot of unresolved problems right now, but if the developers will be able to solve them and implement everything they have planned, it will become even more difficult for other projects to compete with ETH. I believe that ETH has a great future ahead of it and it has just enormous potential.

[Bttzed03]

Since so many ask..... Why ETH is a centralized SCAM?

ONE person runs it. The fees for a long time were up to $100 for tokens .... you could send your transaction by AIR MAIL or bicycle courier and it would be cheaper.... That is a scam clearly. Nobody in crypto should ever pay $100 for a transaction. I know its cheaper now but they stole our money for YEARS.

On the contrary, more centralized blockchains like BSC with less node validators has cheaper fees.

~ And the bigger problem? ETH is high and it always crashes the crypto market like last time it went from $1500 peak down to $80 again and took even bitcoin with it.

That last part is probably the funniest thing I've read in months. It's the other way around, BTC remains the main driver for altcoin prices.

ETH run by one person was a foolish assumption but ETH bringing down BTC is on a whole new level of foolishness.

~ With KoinOS..... it can easily go x100 still. Maybe even x1000 (40bn market cap) so with KoinOS a LOW RISK with great upside..... you might actually be able to buy an apartment in NYC with a pretty small investment some day........

They are having some amazing features no other blockchain has and now we are still early I just bought more today. 

Yeah keep shilling that while making a fool of yourself. Good luck.

[Jating]

do you want to spread FUD for Ethereum?, look guys!,
you should really make news that promises to drop the price of Ethereum!,

I understand you, because I once sold Ethereum at $100, and now I really regret it,
 if you want Ethereum at a low price, too bad you're wasting your time

If he is spreading FUD then for sure he won't succeed because his claim is really is unreasonable. And as a community, we know how solid Ethereum and Ethereum based project is, yeah I know the gas fees are very high that we can't afford it, but they are working very hard about it.

I sold Ethereum at $80, and yes I also regret it, but it doesn't mean you can't re-invest on them again and make money. That's the beauty of crypto, you can manage to chase what you may have lost.

[RussianEnglishTranslation]

Why do people go in ETH now or trust ETH now when the secret to success was to buy ETH at $0.25 or $10?

When now you are better off going in projects that are like early eth for example koinos which the devs work relentlessy on daily as you can see on github but its still so cheap as eth was day1 so this is a chance to make $100k from $100 while eth is not only making the rich richer

I don't think ETH is a scam but its distribution is unfair. Some good projects to buy low right now are:

UTNP, ICP, 0xMR, DRC, ATRI, FTM

[magneto]

Why do people go in ETH now or trust ETH now when the secret to success was to buy ETH at $0.25 or $10?

When now you are better off going in projects that are like early eth for example koinos which the devs work relentlessy on daily as you can see on github but its still so cheap as eth was day1 so this is a chance to make $100k from $100 while eth is not only making the rich richer

Well, maybe because there isn't an apparent successor to ETH?

I don't know what you're looking at, but ETH is still the primary chain that matters right now. Most projects launch first on ETH and then move to different networks over time, and that is the powerful network effect that ETH holds.

And yes, ETH is somewhat centralised, sure, but it is still a lot less centralised when you compare it to other alts that are available nowadays.

[doctor877]

Not everyone thinks in this way, maybe because you are a newbie. You can't compare that token to ETH. ETH with so much success and breakthrough while the team are working from time to time to make it better. It's much better and preferable to put funds in ETH than the other token. What is more recommendable is for investment diversification which is very normal.

[capedbaldy]

Not everyone thinks in this way, maybe because you are a newbie. You can't compare that token to ETH. ETH with so much success and breakthrough while the team are working from time to time to make it better.

I think so too, he compared the top 2 coins of ETH with Koinos at 3k+ rating, really the difference is not comparable, but if he is sure about Koinos then there is no point in making comparison statements with ETH. Koinos also adopts from the ETH network and only trades listings on uniswap. LOL

[shinratensei_]

Seems like clickbait because you created a title to invite a lot of people because of the sensitive title explanation, Your efforts to compare ETH with Coinos will not be comparable because Coinos' rating is far behind, you have to be more realistic when comparing other coins with top coins 2.

Shillers will never be realistic. they will always be creating non sense comparison between their garbage tokens compared with the major coin like ethereum which is not even a sense thing.
Click bait title will always be used by shillers to attract people to take a look at their tokens. Mentioning the major coin like ethereum has become the main strategy for all of them to promote their tokens. This time people know that so well about what they have done by making a non sense comparison like this. People are aware about this.

[kesmex]

Not everyone thinks in this way, maybe because you are a newbie. You can't compare that token to ETH. ETH with so much success and breakthrough while the team are working from time to time to make it better. It's much better and preferable to put funds in ETH than the other token. What is more recommendable is for investment diversification which is very normal.

Yes Ethereum is one of the top altcoins and I think when we invest money into Ethereum it is much safer than other tokens,
besides that for long-term investments it is much more profitable too,
Ethereum will not stop here and they will continue to grow and develop, let's just wait for it

[Fivestar4everMVP]

Why do people go in ETH now or trust ETH now when the secret to success was to buy ETH at $0.25 or $10?

When now you are better off going in projects that are like early eth for example koinos which the devs work relentlessy on daily as you can see on github but its still so cheap as eth was day1 so this is a chance to make $100k from $100 while eth is not only making the rich richer

First of all, your topic says a different thing while your post says a different thing all together, you are totally out of contest.

Secondly, that you missed eth and also can't make use of Ethereum blockchain right now due to high transaction fees does not mean it's scam, atleast, when accusing a person or platform of being a scam, present your evidence, you can't just come out and accuse a platform like Ethereum of being a scam without proper evidence, scam related issues are not taken lightly, so better watch it, don't just come out and accuse people or platform of being a scam carelessly.