Why would you call it a scamcoin whereas its doing very good for itself?
the only thing that ethereum did good was to have its price increased! meaning profit for those who got in early. it is not doing good in any other aspect.
- it has a big premine of 70+ million which is 77% of current total supply
- it doesn't have any cap meaning it will keep on producing supply (more supply + less demand = price drop)
- it has a buggy code, it can easily be abused through smart contracts just like how DAO abused it.
- the cost of creating a smart contract is pretty high compared to other platforms. so a regular developer can not work with ethereum easily without spending a lot of money.
- the transaction costs (the fees) are rising and last time i checked they are $1.4 on average.
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I personally don't think it's a terrible investment, so which altcoin do you consider being the best investment?
it is a terrible investment right now because it is in a bubble and if you read that link you can see what the risks ICOs are causing are. which means there is a much bigger risk of a big drop than there is any risk of rise.
it was certainly a very good investment before i even made
a topic back when it was a good time to invest in it hint: price was 0.007-0.01
BTCas for which other altcoin, any other altcoin that has not been pumped has more potential of giving profit than this.
