Anyway, I continue to believe in Ether, despite the fact that he fell heavily.
It seems to me that such a strong project should recover.
The price is beyond our control, but the technology is the control of the team, they can improve and develop it.
We have a good price last year but we fell this year, but that does not mean we have no chance to recover, we have to think positive all the time.
This is not true. You cannot think positive, this is not a girlfriend problem.
The technology will also not solve this. Project existing depends on tech,
but project (and price) success depends on trust people have in it.
When people start trusting it again, they will start investing and HODLing.
Which will naturaly drive the price high.
To achieve that, the ETH team should be more open and listen to the public
(but not too much). So far they only speak, without listening.
Allowing ASICs to exist was the first big mistake.
Monero team gained a huge trust bonus when they cut out the ASICs.
I don't know how many ETH users are mainers, but for sure every ETH miner is
a potential ETH user and HODLer/trader.
It's cute you think those "asics" are truly hardware based. They're not, btw. They're basically the same GPUs everyone else has, but with the extra shit not needed for mining turned off. Note these "asics" don't have an order of magnitude advantage over gpu rigs?
Ethash algo is
still effectively asic resistant.
