Post
Topic
Board Speculation (Altcoins)
Re: Eth bubble is about to pop
by
Cyaren
on 05/06/2016, 09:24:58 UTC
Eth bubble is about to pop pull put while you can. I just sold all my ether for btc and bought 500 LTC which is a far more stable and safe coin to store value in. Think about it what has ether done to deserve $14 value??

Is it used as a currency - NO
Is it widely used for smartcontracts - NOT AT THIS STAGE
Does it have solid design - NOPE ITS FULL OF BUGS

The only thing holding the price up at the moment is hype, once that dies down ether is going down to $1-$2 range.

Most of the altcoins are blatant pump and dump schemes to reward only the pumper and the dumper. The average investor will get robbed in the process, unknowing investing in the upcoming hype.

I believe Eth is one of the pump and dump schemes. You could say that I'm wrong, but as OP said, what is Eth bring to the table that's new?