Fundamentals?
ETH fundamentals?
OK, help me out here... fundamentally, what is ETH good for?
ETH is currently as good as any other crypto - meaning it's basically no good for anything other then gambling What makes ETH's fundamentals good are it's core mechanics that keep it open to a wider range of applications for the future. This means more arguments to buyers, on why they should be excited about buying. The crypto markets in general need constant flow of new ideas of innovation to keep people excited enough to keep them from exiting. ETH has potential in my eyes just because it's easy to sell ETH to people that have no idea about crypto. I don't try to determine what crypto will prevail in practical use, it's enough for me to determine what crypto can be sold the easiest. That's why I got interested in ETH just when it was around 1$. I had no idea if ETH's technical side will live up to it's promises. But I knew that the given promises will get a lot of attention.
But at least for some days, I'm out of ETH. The ETH market is no stranger to concentration of wealth and these fast surges usually end when FOMO is strong and they end rather harshly. I could be wrong and ETH could continue the surge. But luckily ETH has served me well enough this month, that I can afford to be wrong and make my bet following my regular principles of trading.
Fuck off with your alt-coin pumping shit thanks.
the only time you show up here is to pump your shitcoins and dump on bitcoin ... we don't need your eastern euro-trash shittalk around here thanks.