Topic: People who hold ETH are killing crypto, Vitalik only keeps it alive out of greed (Read 261 times)

market only crashing to correct insane high eth price

I'm surprised that it's so unproven, on some speculation, they attack one of the best and most useful crypto-currencies, which is ethereum. Why did the ethereum suddenly become a bubble? Because it grew in price to 1200 dollars? So there are other coins with no less value. The same bitcoin cash, for example. Ethereum is overrated? I do not think so. With this coin, about 52 percent of all crypto currency transactions are made. Approximately 91 percent of all ICOs are conducted on the ethereum platform. This coin is a working horse among all crypto currency.

Lol, you obviously have no idea what you are talking about.  And your noobness shines like a bald head.

Here are some basic things that you don't seem to understand:

Ethereum is one of the greatest innovations to ever happen to crypto.
People selling off their tokens or coins at certain price points is HEALTHY for the market.
myetherwallet has nothing to do with eth.  In fact, it is just a user interface that can be used to interact with the eth network.
The ICO boom which became possible through eth, is HEALTHY for the market, scams included.  Without this open platform there wouldn't be the type of diverse market we have now.  Scams actually HELP legitimate companies become more successful.
Bubble economies balloon to the TRILLIONS of dollars.  ALL of crypto is still in it's infancy.  Focusing so much on the price of a coin or token shows how much you don't understand value and potential value.

It seems to me, that you are taking your own nerd rage and feelings and applying it to everyone else and then using eth as scapegoat of sorts to your frustration.

Also, it is people like YOU that are ruining crypto, not what you claim to be overpriced bubble coins.  From your post, it is obvious that you are only looking at short temporal gains, I'm thinking you had the noob dream of becoming a millionare by investing in a magic coin?  Speculative "investors" like you are the very reason why the market is so volatile.

Aloha and mahalo for your opinion, but I strongly disagree with you

I disagree with you. Ethereum is the great cryptocurrency exactly for long-term investments. Buterin is a genuine person despite his young years. He is greedy of course (show me the person who is not greedy), but his project is the best.

Forgive me, but I think you are wrong, personally I think that ETHER is one of the best coins for today. Because I did not see such stability with many coins. So I did not see such a strong team as Vitalik. Therefore, I do not agree with you.

I think you are right , ETH great asset , now there are a lot of ICO on it and it is never replaced . In the future it will grow well

 Sir,that's your personal opinion about ETH but I have a different view entirely. ETH  is the mother of all cryptocurrencies and the future of crypto economy.

ETH is the future of the Decentralised internet, however it is over priced and full of promises that never seem to come to fruition. Lol

I totally disagree with you. Ethereum is the coolest crypto, and Vitalik is a genius guy, who has created the unique platform. Now ETH sharding roadmap is almost finished: read about it here:

https://www.coindesk.com/vitalik-first-part-ethereums-sharding-roadmap-nearly-done/

Eth is clearly not a bubble but may be bit overpriced. One Alt coin will definetely surpass eth in very near future. If You say eth is a bubble then Bitcoin is also a bubble. Surely Eth is not a long term investment anymore.

can we sticky this thread? its important for everyone in crypto to consider these points so we can prevent the bubble.

no my friend, thats not what i said at all. i know people always talk of crypto being a bubble but they are all wrong.

there is many SMALL cryptos which offer a great value to the world, to humans, better products, better services. a lot of these smaller cryptos are way undervalued and will be big. some bigger than eth some day. they bring crypto forward by working HARDER than eth. by working BETTER. by bringing better technology than eth. the future belongs to them. eth only suckers all the noobs in crypto like those who think the biggest stocks are the best. while for stocks it might be true, its not for crypto as its an emerging, always changing market.

so by money going into the eth bubble, progress for smaller cryptos is slower. as they should get the money. some already do as neo, raiblocks, but it should be more as ETH is now lazy & fat.

eth is a bubble because its got so many billions suckered up just to make early holders rich, yet eth offers extremely few value in return to crypto in whole. eth is not a gift to the world its a rip-off.

If people only invested in x50 opportunities there'd be no financial markets anywhere.

It's not about defending Ethereum, it's about responding to the troll. Nobody wants to feed a troll.


That's how market works. If the investor cannot judge if $1400 is too much for Ether, he shouldn't buy it the first place. I also don't see any correlation between price of Ether and market going down or up. What is the proof of your theory?


What metrics did you use to estimate the value of Ethereum? Did you count the amount of Dapps, startups, usecases that Ethereum made possible? Did you estimate the value of all future companies that will build their businesses on top of Ethereum? How did you determine that $100b is too much?


Funny that you hate Ether so much but at the same time you like to support YOUNG and REVOLUTIONARY projects. Are you aware that most of them wouldn't exist if not for Ethereum? Are you aware that Ethereum is super YOUNG and REVOLUTIONARY itself?


Ethereum wasn't created just so you can make your beloved 50x profit. Take control over your greed. It will lead you in bad place. Also, I'll personally pay you $5k if you can make better crypto than Ethereum. Actually, I'll pay you $10k, $5k for your trouble and $5k for student you hire since obviously you have zero knowledge about blockchain and Ethereum. Are you aware how complex this software is? Of course not, since you have never written a single line of code. Otherwise you would respect brilliant work of few hundreds of people that are contributing to Ethereum code base every day.

Absolutely right there still a lot of new project that under ethereum platform and still ethereum are good for long term investment no one force to buy eth but in my opinion its not killing the crypto world because etgereum is not bubble and vitalk is one of a good developer so far.

We'll I think Vitalik has come out many times to bemoan the fate of ETH. There are even rumors he is working on another project. If this is true it would turn the crypto world on its head.

Not cool dude, not cool. If you think ethereum is bubble so all crypto is all bubble ? people buy ethereum with 1 penny but people not even buy bitcoin when it first launch. And hey there many new project born in his platform.

Ethereum has indeed huge problems with ensuring the funds' safety. It makes eth a bad coin, but I am sure there are worth ones, the ones nobody ever heard about. I still don't think it's right to say eth is a bubble, I suppose there are people investinf specifically in it, so the price is not based on icos.
Eth was a revolutionary project. It introduced smart contracts which weren't available on other coins of those times. As for icos, I think it is wrong to blame eth for it, since it just was a good platform.
Ethereum made a lot of people rich as well. When it cost $20, it was already obvious that it will become something big. Lots of people got something like 10x profit with eth, whereas NEO probably only gave it to some very patient ones.

nobody even defending eth anymore    

eth is the worst coin. the market *IS* going up and down because of overpriced eth. people are selling all of their eth thats why the market is falling scamming all the new investors who are excited for crypto and stupidly buy eth....and then get dissapointed by crypto and leave. its bad for crypto...you could see this when eth got to $1400 for a short time last week, all the millions of people who got 10000s of eth for CHEAP sold them.

eth is a bubble where the late investors will only lose. yes there is some good things about eth, there is many coming updates. but thats all already in the extremely high price of over $100 billion

i got into crypto because i wanted to support YOUNG projects. i wanted to support REVOLUTIONS. i wanted to invest in projects where you are NOT SURE if they will ever succeed. like bitcoin in the early days. like eth in the early days. now? now eth is fat & lazy and will never get a x50 so why invest in there?

eth has had their chance. all they brought up was shady ICOs and make their early investors rich who got it for 15 cent or $10. buying eth now at $1100 or recently at $1400? .. i have been following eth since 6 months in this time i x50 my money thru cheap coins..... you eth investors? you not even made x2...... do you see a pattern here? eth is DONE. bring it in the backyard and shoot it. vitalik only keeps it alive because he got billions in it. they cant even show your tokens automatically in myetherwallet and there is these stupid popups all over myetherwallet, how is this joke of a product worth $100bn? any student can make a better crypto for $5k

so if you wanted huge gains you needed something as neo, waltonchain or raiblocks. thats what made people rich now. and in the future what will make people rich is the coins that are cheap now like maybe metaverse, probably spacechain, ios token and so on...

thats also the only way that crypto will not die. keep bringing up NEW innovations not BUY THE BUBBLE