Explain to me like I'm 5 why anyone would want to buy this?
Ethereum
- Thread starter mmm....shiney!
- Start date
Ethereum has pros and cons like any speculative asset. It has utility, people use it and develop with it.
I'm sure you already that, I don't understand what you are asking because the question can be applied to all crypto.
I'm sure you already that, I don't understand what you are asking because the question can be applied to all crypto.
Price go up, sell, buy when cheap makes monies....
Bottom could be near, needs Fed to go back to QE before it bounces back
Golden ChipMunk
Well-Known Member
Price goes Up, price come down... very normal for Cryptos.
All we need is just catching the trend
That could be true, but any move by the Fed would also see the price of BTC appreciate so while we may see a rise in the price of ETH, when priced in BTC there could still be blood. While ETH may have some utility there are probably a host of alternatives out there that function better and without the associated grifters pumping the token for capital gain.
https://www.techtarget.com/searchcio/tip/Top-smart-contract-platforms-to-consider
Fairly lousy performance when compared to BTC Etfs shows that investors are largely unimpressed with ETH as an asset:
Do agree ETH has less utility but in a full blown Altcoin season mania rally, any and all shitcoins tend to outperform BTC.
Then it all comes crashing down again until the next cycle repeats itself.
For now, BTC dominance is still trending up but will turn downward eventually
There's a school of thought that most alts are going to zero. And ETH is going to be the one that is going to be hardest hit.
precious roar
Active Member
^^ Apart from a few alts, I'm leaning towards this line of thinking.
Also, "alt-season" is a thing of the past and btc is all you really want/need.
Also, "alt-season" is a thing of the past and btc is all you really want/need.