[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 8 KB, 284x177, index.jpg [View same] [iqdb] [saucenao] [google]
2605902 No.2605902 [Reply] [Original]

ETH has been sucking lately.

Give it to me straight, will ETH ever hit $400 and more?

I'm starting to think it's a scamcoin and I should invest in LTC instead.

>> No.2605930

>>2605902
I have 3 coins but I sold one

Gonna hold on to the other two and see what happens. All the coins are tanking right now tho

>> No.2605938

Not until the scalin issues are solved and deployed. Hype train is over now that every ICO has proven the current chain isn't up to task.

>> No.2605982

ETH is really not a usable currency like BTC or LTC, it's a "crypto-fuel" for smart contracts, and I don't even know what the fuck that means.

That's why I should probably exchange all my ETH for LTC.

>> No.2606430

Many experts think ETH will fail.

It has brought a lot of money for many people, but this doesn't indicate it works.

>> No.2606572
File: 31 KB, 500x331, 1274609625225.jpg [View same] [iqdb] [saucenao] [google]
2606572

>>2605938
they are already working on the fix and very close to implementing it. but please, sell your eth, I'm looking to buy more cheap eth

>> No.2606633

>>2605982
yes it is, read the white paper you stupid nigger
>>2606430
"many experts" believe everything not named bitcoin will fail. most experts, though, think Eth will continue to moon soon, or after they fix the gas issue


eth hype died down because total morons being stupid as fuck with their money. buying eth at $80, then handing it over to a dogshit ICO LMFAO

>> No.2607265
File: 210 KB, 500x500, ip.bitcointalk.org.png [View same] [iqdb] [saucenao] [google]
2607265

>>2606633

ETH already has competition in the smart contracts field, with better technology.

Tell me what makes ETH special?

Even DubaiCoin has successfully adopted the idea of having both a cryptocurrency and smart contracts in the same platform.

>> No.2607395

>>2607265
>Tell me what makes ETH special?
Came first, already famous.

>> No.2607553

>>2607395

Well that applies to Bitcoin and holds true, so you have a good point.

But every blockchain AFTER Bitcoin is a bit different.
Bitcoin is the only real household name. Everything after Bitcoin faces a rough competition.

>> No.2607710
File: 102 KB, 935x964, 1479348914195.png [View same] [iqdb] [saucenao] [google]
2607710

All I know is that ETH is getting awfully close to being unprofitable to mine. People stop mining, the computational pool decreases, delays start happening, block difficulty adjusts downwards which weakens security of the entire network, etc...

If the value keeps dropping, the entire platform will collapse along with it.

>> No.2607754

>>2605902
>Give it to me straight, will ETH ever hit $400 and more?


No, never.

>> No.2607949

BUY NOW OR SOON KEKS. DONT LET THE FUDERS BIAS FUCK YOU OVER. 350-450 BY AUG GUARANTEED

>> No.2607987

ETH is just waiting for the next big news, which will come shortly.

Don't listen to the desperate cucks trying to get in at a lower price. Buy now and buy big.

>> No.2607996

>>2607710
Reminder that it was 50usd only two month ago.

>> No.2607999

>>2607987

Your opinion is biased because you're an ETH holder.

I'm not.

>> No.2608035

>>2607996
Reminder that network traffic has increased by an order of magnitude since then

>> No.2608040

>>2607996
This, people are quick to forget the real price. It should probably settle at about $70 and then continue healthy 5 year long sideways movement.

>> No.2608049

>>2607999
Your opinion is biased because you're not an ETH holder. All opinions are biased.

>> No.2608057

>>2608040
>$70

Wouldn't even cover power costs for mining currently

>> No.2608072

>>2607710
What price does it need to be to become unprofitable? I want to the biggest GPU crash ever haha

>> No.2608078
File: 273 KB, 500x584, glitch.gif [View same] [iqdb] [saucenao] [google]
2608078

>>2608035
When it reached 380eur the fundamentals said that it is about 44pct over valued. I'll start worryinh when it hits 230eur.

>> No.2608104
File: 1.98 MB, 3840x2160, IMG_20170625_151550.jpg [View same] [iqdb] [saucenao] [google]
2608104

>>2608057
ETH will never ever go that low again. Screencap this! You noether

>> No.2608153

>>2608057
>Wouldn't even cover power costs for mining currently

Interesting that it could cover mining costs just fine a few months ago and now all of the sudden it won't?

Miners can always just switch to ETC or whatever other coin.

>> No.2608160

>>2608078

>eur

What are you, Finnish?