Post
Topic
Board Altcoin Discussion
Re: Remember when ETH was $1400 a few years ago then crashed to $70 as BTC crashed?
by
muenze
on 04/02/2021, 01:56:31 UTC

Different Layers, crosschain ect. Once developed and implemented there will be less fees and faster transactions.
Sure there will be better projects, but you dont need to reinvent the wheel.
If you want to make great gains, its not about ETH!

So what is eth about then for you? You made a pretty high quality post going into some details,
but as already stated last bullrun eth went to $1400 and then down to $80. I mean the only logical
way to hold eth forever no matter the price i can see is if you are Brock Pierce and got like millions
of eth and already sold a good amount. Then indeed at some point you couldnt care less if eth goes
down.

But I assume 99% of people on Bitcoin Talk arent Brock Pierce yet.

So your only chance really is go in low market cap projects if you want financial stability for yourself.

The kinda odd thing with this is even if nobody will ever dethrone ETH, then what is even the use of
Uniswap and all the Tokens? Which then also opens up the question whats the use of ETH with all
its altcoins?

Because as I see it right now store of value (bitcoin, and smaller projects with potential) and
trading are the main features of crypto. There is some percentage being used for payments
too of course, and some other things. And defi too like Nexo (for which you dont need ETH).

But all the other things like oracles/gateways to the real world are still being worked on and
still finding themselves. I think people would prefer decentralized solutions not just an eth token.