Topic: Why I'm NOT Buying Ethereum... - page 6. (Read 20720 times)

Ethereum has been a project I've learned from the first day I've learned so far, but I've never invested in this project because it has several cons. In particular Vitalik is a problem in itself that is not the only negative thing that is present for me. I have never invested in the project for various reasons, such as the lack of deficiencies and mistakes, and most importantly, the fact that the project is far behind many alternatives.

Intro:

Back in 2017 it looked as if Ethereum was on its rise to becoming a dominant crypto in this sector, then the crash happened...After the big crash the entire crypto market took a hit, but Ethereum seemed to take the biggest hit out of any top 10 coin in the market. Ethereum was eventually "gapped" by XRP. Recently Ethereum has been fighting back to reach 2nd place in the cryptoverse, but here's why I think this will prove to be ineffective.

Ethereum:

The biggest problem with Ethereum is ICO's. ICO's are becoming a thing of the past and STO's are starting to takeover. This could save Ethereum from plummeting further, but the issues is with the fact STO's won't be as big of a craze as ICO's were. STO's require REAL results, while ICO's were just ideas and white papers. STO's require REAL investors with a BIG net worth, while (most) ICO's allowed anyone to invest. The main issue is that not many people will be able to buy into these STO's. There also won't be as many of them as ICO's. I think STO's could actually be successful and potentially great for this community, but their impact on the ETH price won't be near as great as ICO's were.

Where We Are Today:

There are still tons of quality projects out there that have the potential for big rises. Bitcoin is the leader in this market and one can assume will always have some type of value regardless of fundamental uses. Nauticus has been generating a lot of buzz recently with their launch and there's potential for their NTS token to do well within this community. Certain STO's are making great strides in the market and appear to be legitimate projects that should further legitimize this community. WEAK PLAYERS are bailing on crypto & this is GREAT. We want all of the scammers OUT of this community, so that quality projects can soak up the money that is left behind.

Projects mentioned:

Bitcoin - (self explanatory)

Nauticus - https://nauticus.exchange/

Ethereum - (self explanatory)

STO's - https://www.listico.io/sto/list

Disclosure:

Do your own research...be smart with your money 

I decided not to buy etherium because the developers have failed to checkmate, evaluate and verify the authenticity and veracity of the project managers using its blockchain to run various ICO.This has resulted in high instability on the future and price of etherium.In order words,there is also tendency that some genuine project managers using etherium blockchain might build their own blockchain, and once this happen ,the liquidity of etherium will be distorted.
However, I observed that etherium developers have not shown the total supply of etherium, and this is one the reasons I decided not to buy etherium because not showing the total supply of etherium means more coins could be created,and this is not a welcome development for long term investors.

I think that Ethereum should be considered only in the long term. Too much has happened and it will take time for the situation to improve. But don't write it off. He will still be able to compete for his place in the market.

Intro:

Back in 2017 it looked as if Ethereum was on its rise to becoming a dominant crypto in this sector, then the crash happened...After the big crash the entire crypto market took a hit, but Ethereum seemed to take the biggest hit out of any top 10 coin in the market. Ethereum was eventually "gapped" by XRP. Recently Ethereum has been fighting back to reach 2nd place in the cryptoverse, but here's why I think this will prove to be ineffective.

Ethereum:

The biggest problem with Ethereum is ICO's. ICO's are becoming a thing of the past and STO's are starting to takeover. This could save Ethereum from plummeting further, but the issues is with the fact STO's won't be as big of a craze as ICO's were. STO's require REAL results, while ICO's were just ideas and white papers. STO's require REAL investors with a BIG net worth, while (most) ICO's allowed anyone to invest. The main issue is that not many people will be able to buy into these STO's. There also won't be as many of them as ICO's. I think STO's could actually be successful and potentially great for this community, but their impact on the ETH price won't be near as great as ICO's were.

Where We Are Today:

There are still tons of quality projects out there that have the potential for big rises. Bitcoin is the leader in this market and one can assume will always have some type of value regardless of fundamental uses. Nauticus has been generating a lot of buzz recently with their launch and there's potential for their NTS token to do well within this community. Certain STO's are making great strides in the market and appear to be legitimate projects that should further legitimize this community. WEAK PLAYERS are bailing on crypto & this is GREAT. We want all of the scammers OUT of this community, so that quality projects can soak up the money that is left behind.

Projects mentioned:

Bitcoin - (self explanatory)

Nauticus - https://nauticus.exchange/

Ethereum - (self explanatory)

STO's - https://www.listico.io/sto/list

Disclosure:

Do your own research...be smart with your money 

Ethereum is a coin we cannot do without, most especially as an investor or a trader, which makes it  one of the best in the crypto world, except for its volatility. Even this same volatility that we talk of, is what enable some people to make so much profit from it. I am yet to see any coin that is as good and can withstand so much pressure as ETH.

Well, it is you own opinion and I have absolutely different. STO can be a trigger for ethereum as well+ POS will make ethereum growing in a long term perspective!