True. They only thing I am looking forward to is Augur. Which isn't even directly under Ethereum.
Doesn't it run on the Ethereum network though.
That will make Ethereum useful.
That remains to be seen sir. I've seen lots of hype and promises in crypto and most of them are disappointing. The altcoins scene is exactly like the penny stocks scene. It's full of P&D's to make money out of clueless idiots.
And the way Ethereum was hyped, released, then dumped, it sure is looking just like another well executed P&D. But we'll see what develops. It's probably going to be another year before we something good out of this.
Of course crypto in general is a cesspool so I agree with most everything you said except that Ethereum "sure is looking just like another well executed P&D." It could turn into a big pile of crap like everything else but the scope of the project makes it not just another typical alt P&D. A very special P&D? maybe. But I still hold out some hope for this project. Even if Augur fails miserably it is a worthy experiment.
I think Ethereum started out well. But then for a variety of reasons they started having funding problems. Maybe their burn rate was high, BTC crashed, who knows... And if my theory is correct, that most of the ETH presale was bought by mostly insiders and people close to Buterin, then they were already planning how to make some of it back before the project truly fails without producing anything when all the funding is gone.
So they had no choice but to hype it up, get some publicity, get a hurried 'frontier release' ready, then dump to the clueless buyers at the exchanges.
Just like some penny stock companies, some started with a real plan but ended up doing something shady in order to survive.
