IMO those of you that are propping up Eth have lost your mind. Your wealth will be next...Soon...
Care to explain your reasoning?
I don't like Ethereum either, but there isn't anything that does the same things in a better way
yet, so even if I don't like it I have to use it and buy it.
This alone however isn't enough to create value though, just because I buy some ETH from an exchange it doesn't mean the company I send my ETH to buy services/game assets won't sell their ETH.
Since there's no real competition though, the price should stay stable. Moonboys are going to get disapointed (those few who might still be around, that is) when the price don't go high, but no one is going to lose money... at least yet.
In the beginning all your heard was decentralized coin with smart contracts. Then decentralized flew out the window. At that point it became just another shitcoin with contracts. But had the following of 10 million people who had hyped it into something great when indeed turns out a fake all along. Those of you who praise it just want to belong to something and make believe its great when you know they have failed in every aspect of development since release. No doubt this is the most hyped shitcoin on the planet. Who ever figures out the scaling issues first and actually stays loyal to a decentralized network will become the new king of crypto. It wont be Vitastink and his network clogging goons.