Post
Topic
Board Altcoin Discussion
Re: Remember when ETH was $1400 a few years ago then crashed to $70 as BTC crashed?
by
chaoscoinz
on 17/02/2021, 19:19:13 UTC
ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.
I think that your opinion is quite biased and not inherent of any facts. Bitcoin is the foundation for all other cryptocurrencies so naturally if Bitcoin perishes, there is a good chance that other crypto currencies will fall with it. Ethereum is the best thing smoking right now and I feel that it may be seriously undervalued. I wish I had bought in when I first got wind of the ICO, I still remember first reading the white paper. To say that it has no value is ludicrous though.

To each his own though, my opinion!  Undecided