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14851574 No.14851574 [Reply] [Original]

Ethereum is a joke at this point. The only reason why it is still #2 on CMC is because ICOs are still holding large sums of it.
If Ethereum 2.0 ever comes out and if it isnt broken and if another platform hasnt taken over by then and if LN isnt mass adopted by then and... there is a lot of if-s that ETH has to pass to be ever worthy of #2 place again.

>> No.14851720

>>14851574
>ICOs
ICOs have 2.4 million ETH
https://diar.co/ethereum-ico-treasury-balances/
it's probably lower but the site hasn't been updated, I think the pattern is that they sell more as ETH is cheaper, ironically they're as retarded as the typical biz investor
this is 2% of the supply, a large sum but nothing to really doom the network, if anything the damage was already done.

>Eth 2.0
Well you "got me there", it's still not out but it probably will.

>if another platform hasnt taken
Yeah just like [any bitcoin killer from 2012 to today] killed bitcoin
not happening, even if a platform with better specs pops up, first mover advantage

>LN taking over
a. good joke
b. it's not a smart contract platform so you're comparing apples to oranges

>there is a lot of if-s that ETH has to pass to be ever worthy of #2 place again.
what do you mean again? It's still number 2 and forever will be.

>> No.14851732

>>14851574
idk anon
eth has clout. first mover advantage and it's one of the most highly respected projects in the entire space.
i could unironically see it hitting $2k by 2021

>> No.14851838

>>14851732
This anon is right. Even is development is moving at a retarded pace and its functionality isn't as good compared to other newer smart contract platforms, its first mover advantage and network effect are too goddamn big. Ethereum is cemented as THE smart contract platform in the eyes of institutional investors and corporations.

>> No.14851943

>>14851732
> $2k by 2021
Do u realise that 2021 is a year after BTC halving when BTC will go parabolic and find new ATH? Also Ethereum inflation will be lowered in 2021 by 10x, that's like 5 halvings combined.
If Ethereum only manages to climb to $2k, then it's failed.

>> No.14851952

>>14851574
Chromia is going to literally KILL ETH

>> No.14851967

>>14851574
all projects using eth 'platform' are shit buy Vaporware (VAP) at least its being honest

>> No.14851971

>>14851952
Cant kill what is pretty much dead already.

>> No.14852846

>>14851732
its fucked