Quote from: dumpsterhawk on Today at 01:32:47 PM

Quote from: Kavelj22 on September 02, 2025, 02:47:03 PM

I still can't fully trust Ether's performance despite its recent highs. I'll be sure follow ethereum for the next period to maintain this performance growth to prove that the current price movement isn't the product of a few whales' actions to manipulate the market. I say this because i know the eth network still suffer from scalability problems and lack of major updates, which open the door to other competitive networks to take parts from the eth portion in the market. Some still believe that eth is still alive just because some chain networks that are developed in top of it. While few others believe in the Vitalik abilities to sustain the network.

It is a shitcoin for the gullible that only has first mover advantage. Its technology stack is trash, it does not scale well and it is complicated with stupid L2s that serve no purpose other than to enrich the founders at the expense of retail. As you can see, there are very few people who believe or interact with Ethereum here. They mostly keep the people suckered in through channels where you are not allowed to be as critical of it. I have never heard one smart person tell me good things about Ethereum. Whenever I met other crypto people, all I could hear about it was bad stuff.

Its price performance is terrible. Always look at the ETH/BTC chart, not the USD chart.

I started stop believe in Ethereum long time ago since years, although i don't think it's a shitcoin. No it's not by all means. You can either compare Ethereum to other major cryptocurrencies to see that there is already real use cases for EVM to create and lunch smart contracts at top of the blockchain and Eth is the network token used to perform actions within. Or just see how well eth is doing in the trading market considering how big is its marketcap and how many holders and miners nodes.

Ethereum is not to be fully trusted for various reasons. Centralized policies and lack of major updates are big red flags, however it's not fair or correct to call it a shitcoin.