If you buy Ether, you are gullible as fuck

[Anonymous No.23435832]

First off, the program itself is garbage. Despite being tested for several months, it is so complicated and bad in design that people are mining blocks to a default address that they don't have access to, and a single typo in typing an address for a transaction results in loss of funds (lots of people have already lost money). The devs couldn't even be bothered doing a Windows miner release - users had to work out how to do it themselves. Even as live trading had began, an unknown exchange was sending deposits in error to the black hole 0x0000... address. The UI is unintelligible (see pic). To mine, I had to use two CMD windows in combination.

Second of all, Ether costs much less than $0.60 to mine. On my HD7970, the cost to mine was less than $0.10 per Ether. The people who bought Ether in the premine/presale paid the equivalent of $0.30 per Ether. Who the fuck even wants this shit? It has no mainstream appeal. Miners are dumping it like no tomorrow, and no one is buying because it's trash.

It's made by a 21-year-old slavshit dropout from the University of Waterloo. He has no achievements, not even academic, apart from 'Bitcoin Magazine' and Ethereum itself. He and his team of 'developers' gobbled up the millions of dollars from the presale months before the program was even released!

[Anonymous No.23435838]

I agree OP. Ethereum cannot scale thats a fact. The ETH 2.0 roll out is protracted and convoluted, not too mention that the technology they are working on is inferior and antiquated in comparison to Cardano. There is an atmosphere of ambiguity as to when the Ethereum development team will release a fully working product. If ETH 2.0 launches too early there will be without a doubt a series of disastrous catastrophic errors and bugs that will severally impact the confidence of users and investors. If they release ETH 2.0 too late they are going be left behind. Cardano has already developed a superior network that's orders of magnitude more technologically advanced than Ethereum 2.0. The ETH development team are working on an insurmountable task. Personally my own experience of using Ethereum has been overall a negative one, where the majority of the time I have to pay exorbitant amounts of money in gas fees only for my transactions to get stuck pending for one hour. If people that are technologically literate hate using Ethereum what will normies think of it when they clog the network trying to trade imaginary cats.

[Anonymous No.23435878]

Anon salty he bought the top kys

[Anonymous No.23435914]

>>23435832
>>23435838
You know that /biz/ has ID’s, right?

[Anonymous No.23435965]

>>23435838
>>23435832
nice samefag goyboy

[Anonymous No.23435987]

>>23435914
Real pathetic lol

[Anonymous No.23436015]

I see FUD, I buy

[Anonymous No.23436032]

>>23435914
>>23435965
it's two classic pasta posts you newfag retards

[Anonymous No.23436151]

>>23435832
Yes, ETH is literally what would happen if a underachieving slavic scriptkiddie made a crypto. It bypasses every normie investor's critical filter because no one knows exactly what ETH is so they pretend they do because they think people will think they are a dumb ass, of course if you mention the emperor has no clothes you're immediately labelled a maxi even if you hold a ETH stack yourself. Things built on ETH are sometimes interesting, but it's a giant technical mess underneath which is why so many projects try to be ETH killers because the sense the sick animal.

[Anonymous No.23436185]

>>23435832
Has Autism Gone Too Far?

[Anonymous No.23436237]

>>23435832
its a bit late to fud the price down... if you didnt hop on the train then sorry its already left, it cant be dragged down again for you to hop on, you had more than enough time to hop in the train and you missed it

[Anonymous No.23436280]

>>23435832
>>23435838
the absolute state of mETH bagholders.
>top fucking KEK

[Anonymous No.23436299]

>>23436015
>>23435987
>>23435965
>>23435914
>>23435878
FUCKING HELL WE ARE INVADED BY FUCKING NEWFAGS KYS ALL OF YOU CAN YOU NOT READ BUY XRP AND DIE

[Anonymous No.23436301]

>>23436032
no shit. neck yourself you desperate mETHie

[Anonymous No.23436325]

>>23435838

samefag lol

[Anonymous No.23436352]

>>23436299
no shit. but the mETH COPE in this thread reeks of desperation.
>I never said phase 2

[Anonymous No.23436359]

kys retard

[Anonymous No.23436362]

>>23435832
IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.

[Anonymous No.23436399]

>>23435832
Look, son, a bitch ^

It's ok, bitch anon, it's ok to be afraid of the upcoming flippening. People like you are going to shit and piss the blood in a couple of months. The fun fact is I ain't sure if I am going to be happier about my bags or about how rekt maxis are going to be.... iks deeeeeeeeeeeeee

[Anonymous No.23436448]

>>23436362
That's a lot of text describing a process of diarrhea... the bad thing is tho when it comes from your mouth... sadkek...

[Anonymous No.23436549]

>>23436399
leddit mETH niggers like you on suicide watch

[Anonymous No.23436565]

>>23436399
>>23436448
weave a web of cope around this

[Anonymous No.23436674]

>>23435832
WTF!!! who posts shit like that in front of millions

[Anonymous No.23436694]

>>23436674
medium functioning autists