/biz/ - Business & Finance

>>14520658
It’s called FUD you fucking retard. Eth is a certified shitcoin

>>14520658
the technology is great but it may never moon again due to ICO sell pressure. feels good to be rid of it desu
t. held ETH with iron hands since 2016 and put it all in LINK at $1

>>14520658
I broke OP I broke. I carried these ETH bags for weeks and months and months. I have lost countless amount of $$ by holding these heavy, heavy bags. Today I left my bags of ETH and BTC and went all-into V-IDT and it was the best decision I've ever made.

It's up 20% already from where I purchased by new bags.

Let go of ETH OP, Vitalik is a pedo possibly and the coin is dead now that ICOs are dead and gone.

>>14520741
you dont think Ethereum 2.0 or Proof of Stake will change anything?

>>14520754
PoS doesn't work

>>14520741
Verify with eye

>>14520658
It's impossible for ETH to be a shitcoin, because LINK is an ETH token.

it has great power, but its power does not depend on the price

this shit has been in a clear downward trend for a long ass time and every 0.01 point it faces major resistance and cant cross it

>>14520780
explain

It’s can’t scale, and crypto kitties was to much for the network to handle

>>14520658
Has syncing a node gotten any better over the past year?

The tech doesn't matter at this point as it has first mover advantage and vitalik is smart enough to steal other Cryptos tech / upgrade ie sharding zil etc

>>14520780
>>14520754
he's dumb, eth 2.0 will host an independent economy

ETH is a mess

> "ok you guys stop trading"

>>14520925
ETH is a waste

>>14520658
perfect time to go in ETH. Tech is good, hype will come with 2.0, but most importantly, the cycle has reached the point of reversal. Big money will start pouring in shortly.

>>14520658
>Why do people consider ETH a shitcoin?

>>14520981
retard
https://blog.bitmex.com/ether-a-double-digit-shitcoin/

>>14520977
ETH is the weakest coin in all of coinmarketcap

>>14520658
ETH is a shitcoin because it is literally just a token of Ethereum Classic. ETH is no different than ERC-20 token, but this time under some greater entity (Ethereum Classic)

>https://medium.com/ethereum-classic/eth-to-be-tokenized-on-ethereum-classics-blockchain-2dd566889735

>>14521010
yet all of coinmarket cap is built on ETH. That's when you realize crypto is a scam right?

>>14521141
ETH is so weak, it's laughable

>>14520658
This is how you know it's the one to hold. Many are going to miss out on the end-of-year blowout and ten year ether bullrun.

Eth Is a big doo doo head

>>14521272
This sums up the criticism from ETH haters.

>>14521227
of course all the ICO scammers are gonna become multi billionaires lol

>>14521322
lol

>>14521322
stuck in parity bug*
proceeded to be stolen**

>>14520787
Yikes

>>14520658
Cardano will render it irrelevant

>>14520981
It's over, man.

>>14521565
Harmony has already made eth obsolete. People just don’t realize it yet. 118k tps already achieved and working.

>>14520658
They literally fud to get a better price.

>>14520711
>ICO sell pressure
Source or gtfo

>>14521664
>>14521322

>>14520780
Fucking braindead. Kys

>>14521660
Sorry bag holder
Ethereum will never go above 1K again

>>14521653
>he thinks tps is the only thing that matters
And how new are you? Kek

BSV will overtake eth.

When all the tokens fall....Namecoin will take its rightful place as #2

>>14521678
He's right though.

>>14521675
Where's the updated list for June 2019? They surely dont have the same amount since SEPTEMBER

>>14521752
I am sure they've accumulated more from brainlet ethereum believers

>>14521764
https://docs.google.com/spreadsheets/d/1kPqPa_w6WPmQhtYSHGEZq9zRqCKUplbtam1EOzhYZuM/edit#gid=0
Found the list, gonna search them on etherscan.
ICOs have like 3% of all ETH, not a super big deal.

>>14521678
PoS isn't anything new newfag
https://en.wikipedia.org/wiki/Peercoin

>>14520658
the killer app for ETH was ICOs. ICOs are dead.

>>14521322
you know...I think this is probably the most effective ETH fud that could ever be posted

there is no way that eth will ever experience a run again while there are all of these ICO's sitting on such massive ammounts of this coin

this really puts things into perspective and I'm questioning my hold now

>>14521801
There are brand new ICOs everyday retard
https://icodrops.com/category/ended-ico/

>>14521820
>>14521839
There are 2 kinds of people

>>14521536
seething

>>14521821
If Bitcoin had ICOs and 610,000 BTC total was in them, would you question BTC?

>>14520836
bitching about cryptokitties clogging ethereum is the litmus test for dunning-kruger opinions about this
the gas market performed as intended during the initial rush. the network literally never slowed down or crashed. newbies letting their gas price autosuggested to 20 by primitive wallets got their tx stuck for a while, that's about it. worth noting at 100 gas price, ethereum transactions were still cheaper than bitcoin
no later than the next weekend, eth devs of all stripes came up with network improvements to drive down the costs and increase thoroughput
three weeks later, costs were back to normal
then for the following year and a half, regular improvements were made
hundreds of dapps have been running on layer 1. layer 2 solutions have matured through 2018, and some popular dapps seamlessly run millions of transactions there
ofc, if you're the average btc bagholding retard who gets your news from coindesk, you don't know that. more importantly, you don't WANT to know that. after king shitcoin has been gimped into a purely speculative tool for market manipulators, you have to cling to the store of value narrative for dear life. ignore all information, refuse to learn, stick to debunked talking points. bitch about the 2016 DAO while the 2018 parity bailout failed. complain about emission rate (that you call inflation, because it's a serious economic term and makes you feel like a serious man talking about serious money - even if any economist could tell you this is not what inflation means), even though by design ethereum emission rate naturally trends towards 0 as we approach infinity, not unlike bitcoin pow stretching decades - save for the fact bitcoin has no plans to deal with decreasing block rewards, except "the price will magically rise forever because deflation". cry about PoS being about the rich, when the minimum level of entry for bitcoin mining is an ASIC farm
bitcoin has swapped fundamental value for spiritual value. gl with that

>>14521904
You've never experienced 2015 bearmarket huh?
The biggest bitcoin ICO was Ethereum which was the cause of 2015 bear market. Ironically ICO is now killing Ethereum itself.

>>14521948
>You've never experienced 2015 bearmarket huh
Nope I'm a Jan 2017fag

>>14521999
> The Ethereum foundation raised more than 31,000 bitcoin in July 2014, worth about $18.3 million at the time, when it first sold the first 60 million ether.

>>14521940
>"the price will magically rise forever because deflation"
This next halvening is going to be interesting. Things can go either way but I think whales would rather continue artificially propping BTC up.

>>14522023
Crypto has grown in influence since then. Also, BTC recovered from that bear market with a new ATH, what's to say ETH wont?

>>14522103
BTC has become immune to ICOs thanks to Ethereum. As long as Ethereum has the best tools to create smart contracts scammers will always use Ethereum to scam people.

>>14522150
Valid point.