/biz/ - Business & Finance

is buying 1 ETH every pay check a good idea?

How we can get back ETH on its track to become a world computer.

Can we discuss unbiased about the clogged network that wanted to be a new internet and cloud computer?

What would you counter if I say following:

>Ethereum was unfortunately 10x worse than the web 2.0 it sought to replace


Ether was never built to become a „wealth“ transfer medium, Satoshi already solved it with bitcoin.
Worst thing is that Bitcoin really solved the issue, ethereum on the other hand didnt. ( why not - keep on reading )

>Wealth transfer times are incredible high.

Lets counter this one:

> Bitcoin was an obvious 10x improvement on the wire / ACH transfer

More Details, and I would recommend to take the time and read through it:
https://medium.com/coinmonks/why-ethereum-1-0-failed-and-bitcoin-succeeded-72e9594b9789

Never touched them since then.

What to do?

I am currently $40k in Debt, but that should be paid off until mid 2020

Do you think we will see another big bull run, so that I can cash out around $1000

The last time greed fucked me up when I had more then one million dollar worth of this coin, really hoped to get two million out of it, but then all of a sudden it crashed...

I am not a techie guy nore am I interested in this tech. A good friend of me ( 15years now ) hit me up with that stuff and literally pushed me to buy a small chunk of it, to get financially independent some day.

He said, that the best thing would be to wait for another hype and exchange it to Bitcoin around a ratio of 0.8 ( to be save ) or to wait 0.9-1 ( if greed takes over )