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

[marine4u]

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 think, there should be no classical thinking in this way.  ETH has a known value for the adoption, and widest adoption of altcoins, and sometimes you don't realize that ETH means so much to the altcoin market, that widespread compatibility is  create greater value for adoption/investment.  Those comparisons will be lame even with your dyor, koinos - you have faith, keep them for a few years, let time prove its acceptance/applicability and make you worthy.

[Eternad]

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 think, there should be no classical thinking in this way.  ETH has a known value for the adoption, and widest adoption of altcoins, and sometimes you don't realize that ETH means so much to the altcoin market, that widespread compatibility is  create greater value for adoption/investment.  Those comparisons will be lame even with your dyor, koinos - you have faith, keep them for a few years, let time prove its acceptance/applicability and make you worthy.

If adoption just your point to justify the ETH then there is a lot of blockchain out that has much better feature than yet ETH still on the top. What do you think is the reason for that? Adoption, feature? Of course not its there reputation as first smart contract  blockchain is the only thing keeps ETH alive despite the slow speed and high transaction fee which other blockchain already solved while Ethereum is 3 years behind in terms of tech.

[Maestro75]

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.

I suspect also that OP made that as a hate post on ETH for no reason. There is no reason to say what he said. He can hate ETH for its high gas fees but that does not mean it is a scam platform. He can promote any other token he likes against ETH but he should not label ETH a scam without any evidence to show of scam against it. ETH is a major project in cryptocurrency which no honest person can argue against.

[Dr.Osh]

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?

you know how ethereum developed from the beginning until now ? it is a development that is not instant, and requires a process in it. I think, currently ethereum is worth the current price. ethereum is labeled with the best altcoin currently available, even below bitcoin. In addition, there are many benefits and functions that Ethereum has. if this starts from a low price, then with its continuous development, it is very natural that the price will become expensive. it's the same as what happened to bitcoin, or even other products that were cheap at first.
After all, if the price of ethereum drops and falls below the $100 range, I don't think I'm the only person thinking about buying tens or even thousands of ethereum at the time.

[zasad@]

If adoption just your point to justify the ETH then there is a lot of blockchain out that has much better feature than yet ETH still on the top. What do you think is the reason for that? Adoption, feature? Of course not its there reputation as first smart contract  blockchain is the only thing keeps ETH alive despite the slow speed and high transaction fee which other blockchain already solved while Ethereum is 3 years behind in terms of tech.

You say that: "Ethereum is 3 years behind in terms of tech", but what projects do you compare?
With a binance smart chain with 21 validators?
https://stakers.info/
The Tron ecosystem is very fast, but it is also a centralized system where most of the validators belong to the project investors.
If you look at all the known blockchains, there are few really decentralized ones: Bitcoin, Ethereum, Monero, Litecoin. POS blockchains are centralized, and ethereum developers are trying to make their blockchain as decentralized as possible.

[JohnBitCo]

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

Your analysis is similar to a person who recently come to know about crypto and tries to draw the price conclusion based on price only without knowledge of blockchain and fundamentals.
Just keep in mind, that after bitcoin, only Ethereum is truly decentralized. ETH to 30$ can be in dreams only and never in reality.

[justdimin]

You say that: "Ethereum is 3 years behind in terms of tech", but what projects do you compare?
With a binance smart chain with 21 validators?
https://stakers.info/
The Tron ecosystem is very fast, but it is also a centralized system where most of the validators belong to the project investors.
If you look at all the known blockchains, there are few really decentralized ones: Bitcoin, Ethereum, Monero, Litecoin. POS blockchains are centralized, and ethereum developers are trying to make their blockchain as decentralized as possible.

Being more decentralized and being more behind are not the same things. I do believe that ETH is not behind, like for example people say "if SOL can do 65k tps then why can't ETH do that", but the reality is that even at quarter of that number SOL got a problem, which is proof that the concept does support such high numbers but when it comes to reality it fails miserably, ETH doesn't have that chance because it is used like crazy and even one day being down would mean billions of dollars worth problems.

This is why they are at the top of the technological development, not only they are good, but they are proven to be best at that level, no other project proved themselves at that level before, always promoting how awesome they are with less than 10% what ETH has to deal with.

[Moeda]

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

In the last 5 months the price of Koinos has reached $9.22, while the current price is $0.4. Of course, this change is a big question mark for investors before investing. The extent to which the team maintains the coin price. And what the team is developing. Of course, the case is different with ETH which makes other coins depend on ETH as the owner of the blockchain. Whereas Koinos relies on ETH at the moment because it uses ETH smart contracts.

[yohananaomi]

At least provide a good argument when you say a platform is a scam or why the price will drop. Your topic title does not match with your content.

what the op said doesn't seem to be directly related to the topic used and it makes it confusing, what the desired goal can't be achieved properly.

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

Some people would buy ETH because they know it's less volatile than unknown projects. They know ethereum devs won't take their money and abandon the project.

etherum will still be a good target for the long term and you are right in your words that ethereum developers will not do anything unwise by taking their funds stored in ethereum in fact it will even make them continue to invest there.

People with less fund and looking to get rich faster are likely to bet on new and higher risk investment. It's as if they are buying a lottery ticket hoping they hit a jackpot after buying a "gem".

investing in new projects certainly needs a strong analysis and can be convincingly well, because currently many new projects are actually committing fraud, indeed to get big profits of course buying shares in new projects but of course full of risk, although there are also many successful new projects and make investors very profitable.
when you compare it to investing in ethereum, it's definitely better and more trustworthy.

[someone703]

I suspect also that OP made that as a hate post on ETH for no reason. There is no reason to say what he said. He can hate ETH for its high gas fees but that does not mean it is a scam platform. He can promote any other token he likes against ETH but he should not label ETH a scam without any evidence to show of scam against it. ETH is a major project in cryptocurrency which no honest person can argue against.

OP mentioned the secret to buying $0.25 ETH, I think he/she is seeing profits as a lottery ticket and never will when they can't afford it. But the dumb question as well as the lack of opinion when the actual market is going, everyone wants ETH but they think it's too big to have the most damn thought I've heard so much.

[Ararbermas]

Your analysis is similar to a person who recently come to know about crypto and tries to draw the price conclusion based on price only without knowledge of blockchain and fundamentals.
Just keep in mind, that after bitcoin, only Ethereum is truly decentralized. ETH to 30$ can be in dreams only and never in reality.

true, it's very obvious tho. And this kind of topic is nonsense because there's a bunch of crypto in the market why he/she end up into ethereum wherein the second most trusted and very optimistic crypto in the market and the problem only is the fees unlike other projects. Lol infact since the gas fee of ethereum increased i never heard such news that the price will plunges so hard up to $0.2 or $10. That's hilarious!

[Kingairdrop]

I was captivated by the title of your thread when i saw Scam attached to ETH, please i want you to know that the title of this thread is very wrong and can be miss understood, but when i read further i got to understand you clearly you were trying to disredit ETH which is wrong and it shows you have no idea about the technology of smart contracts and that may not go down well with most ethereum fans on the forum.

[bittick]

when i read further i got to understand you clearly you were trying to disredit ETH which is wrong and it shows you have no idea about the technology of smart contracts and that may not go down well with most ethereum fans on the forum.

This is not something new in here, he was discredit ethereum to shill his token. he thought that if this will be effective to make people to hate ethereum but the fact was the opposite thing. Ethereum fans will always think smart about that. We just need to ignore this one. This kind of FUD was also happening so many times. It's started from the competitors of ethereum who paid shillers to did FUD until some small projects were creating shilling account for this purpose.

I would not be surprised to see the same thread will appear in the future. this already predicted as ethereum was the biggest smartcontract platform.

[zasad@]

You say that: "Ethereum is 3 years behind in terms of tech", but what projects do you compare?
With a binance smart chain with 21 validators?
https://stakers.info/
The Tron ecosystem is very fast, but it is also a centralized system where most of the validators belong to the project investors.
If you look at all the known blockchains, there are few really decentralized ones: Bitcoin, Ethereum, Monero, Litecoin. POS blockchains are centralized, and ethereum developers are trying to make their blockchain as decentralized as possible.

Being more decentralized and being more behind are not the same things. I do believe that ETH is not behind, like for example people say "if SOL can do 65k tps then why can't ETH do that", but the reality is that even at quarter of that number SOL got a problem, which is proof that the concept does support such high numbers but when it comes to reality it fails miserably, ETH doesn't have that chance because it is used like crazy and even one day being down would mean billions of dollars worth problems.

This is why they are at the top of the technological development, not only they are good, but they are proven to be best at that level, no other project proved themselves at that level before, always promoting how awesome they are with less than 10% what ETH has to deal with.

It's good that you understand this, but most people of users believe that a centralized ecosystem with 21 validators is another Ethereum killer and try to compare these ecosystems. And so far no one has come closer to Ethereum than Polkadot.By the way, Polkadot is now very underestimated.

[Nazmul012]

Its unfair to claimed Eth as scam without any evidence when eth already prove itself. As far i understand, you think eth already reach higher by value and it Won't going to up more when new token as example like koinos could give much return? But if eth will drop at $30 then how could you think that others new tokens like koinos could give you 1000x return in the same time? This is illogical mate

[libert19]

How is it centralized scam? People who bought at $100 are at 30x, merge is coming, it's deflationary it has good chances to give couple X more.

Bitcoin being at $3k, they say, damn I missed it at $150, now it's expensive. It's $10k, damn missed it at $3k, you can go on.

[Alert31]

Aside from bitcoin, ethereum was the best blockchain that many people used when it was created. It is a trusted platform and now becomes valuable even if the transaction fees are too high. How can you tell OP that ETH is a centralized scam and what is your basis that it will go down again to $ 30? Give us proof and concrete evidence.

[uelque]

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 doubt that Eth is a scam and would soon go back to 30 dollar. Eth was already exisiting for many years now and they are still here making progress so how can you say it is a scam? Just to shill your project koinos and comparing it to eth? Lol. That was quite pathetic to be honest. Also, what are the chances that the project you have mentioned will most likely turns out to be like ethereum? The dev which you've mentioned that was working hard isn't enough to make a good project.  It takes more than hard work to make a project much like ethereum. So you should never compare eth or top coins to a certain project that you like.

[bounceback]

Its unfair to claimed Eth as scam without any evidence when eth already prove itself. As far i understand, you think eth already reach higher by value and it Won't going to up more when new token as example like koinos could give much return? But if eth will drop at $30 then how could you think that others new tokens like koinos could give you 1000x return in the same time? This is illogical mate

Yes, that's right, if ETH has no value anymore then all new altcoins that are already on the market will also experience a price loss because so far ETH has been the king of all altcoins, so even though currently many new altcoin projects have been launched using better technology, but in fact did not make the price of the ETH coin fall back to its lowest point, in fact its adoption is increasing every year as everyone realizes that ETH will have a higher price in the future.

[Gayong88]

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?

Etherium is a good investment, I think it's simple. As long as the fundamentals are getting stronger and growing, I'm still calm. The price goes down, it's normal, it's impossible to keep going up non-stop because of the BTC correction factor, so ETH is going down too.