Quote from: adaseb on September 09, 2019, 05:04:24 AM

Quote from: JaredKaragen on September 09, 2019, 01:47:55 AM

Quote from: philipma1957 on September 09, 2019, 01:05:05 AM

Quote from: Elder III on September 08, 2019, 11:07:02 PM

The Eth devs are so paralyzed by fear and indecision that I don't put any faith in anything from them until after it happens.

Yeah pretty much the truth.

Morons.

I haven't trusted eth from the very beginning because of it's author's, it's security (to me its on the same level of trust as Adobe flash and Java), and it's centralization.... not to mention the circulating supply growth.

I am truly amazed it went from 10-1000, and i really don't expect it to last forever.... then again, Adobe flash is still a thing coming close to 2020.....

Ethereum seems to be pretty decentralized in terms of hashrate, its why its good that its mostly GPU mineable which anyone can do. However I do agree that the rich list is very centralized. There are a handful few which control most of the coins. Its why I am not happy how it was essentially an ICO before the launch.

The security however I think its very bad because of the complexity of the coin. Basically you can compare Bitcoin to an old Mercedes Diesel from the 1980s which can go on to a million miles and you can compare Ethereum to a brand new state of the art Mercedes S class from 2019. Sure the car will have many features that the 1980s diesel doesn't however if it keeps breaking down then what is the overall point. They had that DAO hack, that smart control bug which has millions of frozen coins and other issues with the coin. Can't really trust all your life savings with ETH.

I also never expected it to hit $1400, if I did I would of never sold the bulk of all my ETH holdings at like $20 or so.

Agreed. Also, It's possible that other blockchain projects ( ie: NEO Cardano, Holochain, Hedera etc.) will surpass ETH in due course. I have bought a bit of these other projects..but not Hedera (aka: HashGraph) yet. Diversifying might be a safer path in the long run.