ETH Is A Scam Like Terra Luna And Only Makes Millionaires Rich Who Hold 1000ETH

[bittick]

So you called the bitcoin as a scam when you were seeing someone who make a lot of money from the coin that has become a major coin. It's showing how pathetic you are. The smart people are investing in the promising coin rather than gambling into the new coin like koinos that can disappear anytime. They are smart and that's why they are choosing bitcoin and ethereum instead of investing in the new token that has the same performance anytime.

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[masterrex]

IMO, I think this accusation is not new anymore, in fact even before there are some people accusing the Ethereum project as a scam and Ponzi scheme-driven platform. But through the years the platform has survived and developed and turned into one of the most popular cryptocurrencies in the crypto industry next to Bitcoin.

So what I was pointing out here, Is anyone can say and believe, what they want to believe, It's a free world, but just remember that at the end of the day we will be the ones who regret if the results are different from our own expectation, just like what happens in Ethereum.

IMO, I believe Terra Luna and Ethereum has a lot of differences, They are founded and exist at different time, and in the different market situation, so it's inappropriate to compare both because they are not incomparable in many aspects, and thats what I believe    

[SyndicateLabs]

It's funny because OP, I don't have much thought when mistakes come from myself without correcting them but blaming others. Who is successful? Who failed? And how does it affect us?
Investing and the desire for quick profits is a common sentiment among new entrants, and what I have witnessed in the last part of the market is no different from gambling as the people who make them have the tendency to deceive the minds of new entrants. If you are not alert enough and satisfied with the profits earned, it is easy to understand failure. If you can't buy more BTC or ETH than others, look for other opportunities for yourself. Don't force yourself with the success formulas others have.

[arifteguhr]

IMO, I believe Terra Luna and Ethereum has a lot of differences, They are founded and exist at different time, and in the different market situation, so it's inappropriate to compare both because they are not incomparable in many aspects, and thats what I believe    

You are right, that no altcoin is worth comparing to ETH from various aspects, except that BNB will be ETH's toughest competitor because both have utility that benefits the community, compared to Terra it will probably be better Shiba because they never fall so will not harm traders and investors.

[ninis45]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

[Tony116]

, compared to Terra it will probably be better Shiba because they never fall so will not harm traders and investors.

I think Shiba is better than Luna, Shiba was created as a pure memecoin and with the hype surrounding it may have helped many people get rich and also many losers. But it is not like Luna, a coin that is considered as potential and outstanding that can compete with other major altcoins like Sol, near...and then everything happened in just 3 days for Luna to collapse, leading to a series of investors losing money. In the game Luna almost no investors get a profit, the only one who is profitable is probably Dokwon. Luna is worse than memecoin.

[adaseb]

The issue with ETH going POS is that miners will no longer keep the network decentralized it will be the top 1% holders pretty much since that is how staking works.

It’s good for the environment but it’s no different than what we have with traditional banking systems. This was not satoshi goal when he created Bitcoin. Basically the largest holders will get most of the staking rewards and most small users won’t be able to stake at all.

[bitterguy28]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

[fortuner]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

For me Ethereum and Teraluna are two very different coins.
And it's true what you said that if Teraluna is also a new project that is growing while Ethereum has been alive and well for years, I think it's impossible for Ethereum to also be a scam like Teraluna.

[dezoel]

Yeah, that is what others are saying that eth was a centralized shit scam coin but we cannot deny it that this bullied coin was not worst as other scam shit coins. This coin doesn't dump really low that are close to zero but a lot of scam coins have been dumping like crazy and never recover anymore. Some are worst because they are not in the exchanges anymore.

I don't think rich people can earn a profit with eth but all of us have the chance as long as we know what we are doing. We can use eth for trading and investing. Eth is also useful in smart contract creation projects. If you are a developer you can make use of eth to make more money.

[Jose Mourinho]

I think you are in a deep depression because you lost a lot of money while investing with luna, so you carry the name ethereum which has been very shining so far, I think even a very layman doesn't believe that ethereum is a fraud like luna, and I think someone is rich or not must have to hold 1000 ethereum, even one can be rich if only hold a little eth because eth has very high potential.

[bitterguy28]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

For me Ethereum and Teraluna are two very different coins.
And it's true what you said that if Teraluna is also a new project that is growing while Ethereum has been alive and well for years, I think it's impossible for Ethereum to also be a scam like Teraluna.

You've just copied what I said because same point that i start is what your post says also lol. but thanks for the effort in seconding the echo of my post.

I think you are in a deep depression because you lost a lot of money while investing with luna, so you carry the name ethereum which has been very shining so far, I think even a very layman doesn't believe that ethereum is a fraud like luna, and I think someone is rich or not must have to hold 1000 ethereum, even one can be rich if only hold a little eth because eth has very high potential.

Let him feel what he must have because he knows nothing when he invested , and now that he lose everything he wanted to add Ethereum with this scam project .

[doomloop]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

Luna is not expensive as eth, that is why even the poor people are also involved in it but for eth that can be true because eth is expensive as well as its gas fees. Eth is an old coin but in terms of progress? I think it had stopped long time ago. The said eth 2.0 plans for eth have been on going for years and still no real answers if it is still active or when it will exactly end. Terra luna on the other hand is not really that new but it was started 2 year years ago, unfortunately it meet his untimely end.

Luna and eth can be the same because both are altcoins however their faith are different because one is still alive and kicking while the other is already dead.

[RussianEnglishTranslation]

ETH was great when I bought it in the PRESALE from the PREMINE at $0.25 back in 2015. I even kept buying a few 100s of Ethereum at $10 in 2017 since it was a good deal back then when everything was still cheap. So do I tell it to boast? Nope. I tell you this because it gives you the secret on how to be successful in Crypto like Brock Pierce (who bought way more than I of ETH and became a billionaire)  but we are not too late. You can use this same simple trick still today. Sold the most at around $4000 which feels like a good deal since now ETH is only $2000. Could have waited a bit and got lucky selling at $4800 but you never can get the top or bottom exactly right so it feels like a great deal to me either way.

I put all my ETH winnings (besides some Cash for living and my small beach home) into Bitcoin since Bitcoin is the future with so many paths like global reserve currency some day, protection from USD Inflation and possibly new currencies issued by governments, as countries as germany issued several times in the last 100 years because the old currencies became worthless (and I think that its likely happening to the USD sooner or later too) and ETH is just a centralized project by 1 guy to get rich and make everyone rich who bought it at $0.25 or $10. Of course thats an achievement. Vitalik did a great job but now he is finished and at his peak and its time to make room for the new and the projects that will still go x10000.
 
Unless you love financial struggle, then please stop reading and go buy top50 crypto projects!

What can we learn from crypto that 99% of people in crypto still have not understood who go in Luna, expensive ETH and other top100 shitcoins with scam fees and ICO scams and premine and wall street in them already? Trust a project BEFORE the masses go in. BEFORE Wall Street goes in. When its not SAFE. Have faith and trust a GOOD project. So if you did buy ETH at $0.25 that was a great deal. If you bought Bitcoin at $1 that was a great deal. But ETH will not go x10000 again right? So even if you put only $5000 into ETH now what do you think it will be worth some day? Maybe if you are lucky $10k or $15k? With the risk it falling back to under $100 as in 2017/2018 and then eventually going bankrupt like Luna.
 
So what you must learn from history of Crypto and Bitcoin is you only get financial independance in Crypto by buying good projects early when they are still cheap. Before McAffee and all the others are in them. Before Youtube influencers shill them. Before Kevin oLeary and Anthony Scaramucci buy them. When its uncertain and insecure like those who put $50k into Bitcoin when it was $100. It was extremely risky back then to do that. But it was the right and the best decision you could ever make. So what to do now?
 
Now I watch the "new tokens" on CMC and Coingecko daily since 8 years for good projects but frankly 99,99% is just memetokens and other garbage scams especially in the last 1-2 years. I did find some really good projects that I went in early and made x50, x100 and even more a few times but only recently I found the currently best project in whole of crypto....
 
So today I want to introduce a great project that is still only $0.40 but will be $100, maybe even $500 some day, its got one of the best Blockchain Dev Teams in the world who have been working together as a team since 6 years which is rare in crypto. Their first project was Steem/Steemit which was bought by Justin of Tron in a hostile way. Since then they thought about what they can give back to Crypto. How they can make crypto better. More decentralized. So a villain as Justin cannot do something as this again. How they can bring more decentralization to Crypto with their PROOF OF BURN Blockchain.

Proof of Burn is like Proof of Stake but its better since it includes the decentralization from Proof of Work without the insane energy costs. So its ESG ready and ready for the future while having the highest decentralization possible since everyone can mine it. The project is still only valued at $40m market cap even tho its one of the best blockchain teams in Crypto.. Their blockchain can do more than all other top100 blockchains and there is zero fees.

Even if we continue to have a bear market this will go from currently $40m market cap to $400m within the next 12 months.
 
Their developers have Videos on Youtube explaining their project and introducing themselves, so you can verify they are a real team and know what they are talking about, and you can see they are not scammers like Luna and so many other projects. Their devs have not sold off huge amounts of coins and there was no premine or presale so its fully decentralized and fair.
 
As you can see on their Github they have been working daily on their project.
 
Their PR guy - who also has been with them since 6 years used to be a lawyer but now he only works on this project and tweets and writes pretty good articles on their project and the future and he has been featured on Hackernoon and other Crypto publications. They also have visited crypto conferences.
 
A community is building and they recently developed first open source wallets and a first open source DEX with their proof of burn blockchain that essentially is in competition with Bitcoin itself and with ETH since its more decentralized, zero fees and the best platforms for devs to develop on. This will go x10, x100, x1000 within the next 5 years. Why would anyone rather buy ETH that cant even go x5 most likely?

https://www.youtube.com/c/KoinosBlockchain/videos
https://twitter.com/koinosnetwork
https://coinmarketcap.com/currencies/koinos/
https://www.coingecko.com/en/coins/koinos
https://app.uniswap.org/#/swap?inputCurrency=0x66d28cb58487a7609877550e1a34691810a6b9fc&outputCurrency=ETH&chain=mainnet

I think you learned the secret. You aren't going to get rich investing in projects like ETH and BTC that have already mooned. That's why I invested in HBAR and ICP; both of those projects are significantly down from their all time highs and are good buys. Plus their tech makes ETH obsolete.

[JeffBrad12]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

He was not even saying if ethereum already associated with luna. he was taking ethereum as a comparison to the lune about bought the big marketcap coin in the market was a non sense thing for him. that's why he was blaming the major coin and mention his garbage coin to be the best choice by anyone. We do know that how garbage koinos is. If this is a good token and this already listed on the major exchange site but nothing happened with koinos. I just see more and more koinos shillers are talking without providing a good proof about what should we invest in koinos.

[RussianEnglishTranslation]

Why do people rather go in projects already up x2000 instead of going in early projects that will still go x2000?

I would normally agree with you 100% but this is an unusual case because the market is down and many projects in the top 100 are down over 90%, like ICP. These projects are a good buy at these rock bottom prices and offer less risk than new projects launching over the summer.

[bitterguy28]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

For me Ethereum and Teraluna are two very different coins.
And it's true what you said that if Teraluna is also a new project that is growing while Ethereum has been alive and well for years, I think it's impossible for Ethereum to also be a scam like Teraluna.

terra luna is not growing instead it is dying now and only a small part who is recovering .

Because of the recent issue in which this project is abused and dumped who will invest more on this one?
While ethereum is still working towards growing and now is in the verge of hyping more in the coming halving few years to go.

[BuNga_cute]

i don't understand why etherium is associated with luna, aren't the two different and are different networks with different systems even the downfall of luna which was re-released into luna 2.0 which is supported by many exchanges this never happened to etherium

What he was pointing is that Ethereum is being used by Millionaires like what they did in LUNA , but what I was thinking here is that Ethereum had been around for how many years now? yet still progressing ?
while Luna had just a new coin yet turn into Scamming lol, they are far different and won't have same faith even in the near future .

Luna is not expensive as eth, that is why even the poor people are also involved in it but for eth that can be true because eth is expensive as well as its gas fees. Eth is an old coin but in terms of progress? I think it had stopped long time ago. The said eth 2.0 plans for eth have been on going for years and still no real answers if it is still active or when it will exactly end. Terra luna on the other hand is not really that new but it was started 2 year years ago, unfortunately it meet his untimely end.

Luna and eth can be the same because both are altcoins however their faith are different because one is still alive and kicking while the other is already dead.

Although Ethereum is more expensive than LUNA, Ethereum is not just for the rich. However, even poor people can invest in Ethereum,
because poor people don't need to buy 1 ETH to invest in Ethereum. So poor people can buy Ethereum according to their financial ability,
maybe the high gas fee will indeed burden poor people who want to use the Ethereum network. But the advantage of Ethereum compared
to LUNA is that Ethereum has a better team, able to make Ethereum continue to grow and become the best altcoin until now.

Then regarding the problem of high gas fees, I believe one day the Ethereum team will fix it. Therefore, Ethereum is a project that has lasted
long enough in the crypto world, in contrast to LUNA, which in my opinion has an unprofessional team, therefore LUNA's performance is very bad
this year and can be said to be a scam project. I felt lucky from the start that I trusted Ethereum more than LUNA, and it was proven that my trust
in Ethereum was not in vain. Because I have managed to make quite a large profit by investing in Ethereum.

[rodskee]

Why do people rather go in projects already up x2000 instead of going in early projects that will still go x2000?

Because what you wanted from people is to find a GEM and that is a once in a Million chances  so why risk in so much harder to find when existing coin had already bring us profit and still bringing us profit till now?

Am not sure what is your motive here but I don't think we need to comply on what you are saying here.

Honestly ? had invested i Ethereum over the years and yes it only brings me good return though taking sometime most of the time .

[vukthewolfy]

Bro, take your meds, srsly.