I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.
Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).
I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).
That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.
Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.
Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.
Have you ever seen DeFi that built in ethereum platform that was really useful for us and fix the common problem in the community? I have not, at least not yet.
Im not sure about does ethereum is really need the fresh money but i just hear if almost a half from the total ethereum were dumped at ATH was coming from the vitalik's personal wallet (pre-mined coin for him)
The fact that the ico address of ethereum itself still contains more than 30k bitcoin at this moment.
That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.
- Hardforking & constant delay - I would rather call it "network upgrade" but yeah the delay for the launching of ethereum 2.0 is is also delaying the growth of eth both in development and in price. I read that it could be postponed until 2021
I just think if what has already said by ethereum core developers if complete ethereum 2.0 updates can't be done in the next year and they were saying the possible date to complete all of updates in the next year after 2020 which is 2021. it doesn't mean ethereum core dev is postponing the ethereum 2.0