This morning I read the news in
https://www.tapchibitcoin.vn with CEO Bitmex saying, Arthur Hayes says Ethereum is just Shitcoin, coming down $ 100. The truth or lies of Bitmex CEO, Arthur Hayes on ETH?
Bear market affect all coins and one of the things which exists in a bear market is emotions or sentiment, thus during bear market at any slight negatively a token dumps more, but here is the interesting part; when the market start turning for good only the good altcoins appreciates in price while those who aren't dumps more. Now with this at hand, I don't agree that Ethereum is a shitcoin because it has never failed to bounce back once it dumps as a result of the market. If Ethereum is a shitcoin why is it still the number 2 in CMC? And why does it keeps maintaining that position against all odds? What about the other shitcoins which are dying off, how can they be classified? ETH is one of the best altcoins in this crypto space.