To me, ETH is a big bubble. It is beginning to burst.
That is why I mine it and dump right away since the DAO fiasco.
Some people (not much) are trying hard to hype it, but not many people buy their hype.
The major world ignores it.
The dev use it as a tool to make money, based on what we saw in the DAO fiasco and the recent many so-called ICOs. Through the DAO fiasco, I believe the future of ETH have been clear to me.
My suggestion to those who are new to ETH:
Invest no more than what you can afford.
Do not trust the hype news and the beautiful future of this coin, it is just a strategy to get your money.
lols the bubble burst a while ago...
ETH suffered from dao hack
ETH suffered from btc price increase
ETH suffered various network (gas) attacks since devcon2
Its still here...looking stronger to me than ever before....
ETH is still the #1 coin to buy when btc goes down
ETH is still the top performing currency on the planet for 2016
Seriously you believe the bubble is burst?
To me, the ETH bubble is far from burst yet. When it burst, it will not be a 50% dump, but far more than that. If you are long enough in alt coin world, you know what I mean.
From what I know, the majority of people in crypto have no trust in ETH. It is an altcoin with huge hype.
What happened to ETH and how the dev handled those failures make ETH doomed for sure.
It is just another pump and dump coin.
That is why I try to warn those who are new to ETH.
Do your research, and do not trust the hype.
I mean, it's your opinion, and you're entitled to have it. Just don't go preaching around as if it's fact. Imo, and I think my views are consistent with the majority of miners, devs have done an absolute wonderful job executing this project. Ethereum has the tech and has accomplished what no other alt coin has. That's the reason it has such a following. Such a market cap. So many other applications and services being developed on top of it. What other coin has all this in the same quantities? This coin lis literally the opposite of a pump and dump coin. If you've been in altcoin world for long, you know what I mean.
I've done my research, and have profited quite well so far from Eth. I'm confident I'll continue to do so.
https://www.cryptocoinsnews.com/ethereum-chart-issued-several-buy-signals/ETH devs are people who are good at telling stories. Smart contract, internet of things, distributed internet, blockchain technology, proof of stake, etc. I have heard enough of these shit. I guess tomorrow we will see the hype of big data, artificial intelligence, virtual reality, augumented reality. Do you really think these hype are gonna work? They are just beautiful bubbles.
Remember, these hype are just trying to get your money.
From the DAO fiasco, it has been clear to the crypto community who these dev are and what they are trying to do.
You can claim that you are long enough in the alt world, and you have done your research, that is fine to me. Hold your bag and see what happens.
I am trying to warn forum members who are new to ETH, to not lose their money in ETH.
By the way, do not trust what they say in the news, do your research. Some news are very misleading.