Keeps shilling his million token but good analysis
An intelligent analysis on the future of crypto
- Thread starter nooby_mcnoob
- Start date
Why not just move to something that is cheaper and does the same...
From my newbie understanding of crypto, it seems that technical solutions will cannibalize each other for recognition because that's what techs live for, but those financing these developments are looking for a platform to build on in order to build products to sell and make money from. For analogy, it's like arguing which type of concrete to use for a house foundation while developers are looking to sell houses.
EXCELLENT ANALOGY.
He sold all his Ethereum during a dip and right before Ethereum 2.0 is coming out? Wow...
He is determined to lose.
As per my experience in this market, I can say that we will never say that we are satisfied with something we already have. At one time, we will want to see technical developments for ease and the moment we have them, we will also be afraid of using the technology we always wanted. And frankly, I see no stop to this.
He's actually a decent trader.
They probably have other intentions then you. It's maybe not about make things easier, but about making money.
I listened to his speech, and I'm not denying he's a good trader although I think his selling of his Ethereum position was a bad idea. But he goes on to talk about how much better the performance of these newer tokens are, which he's right. But, he never once mentions the fundamental aspects of how established Ethereum is. Because just like Bitcoin, Ethereum is almost as established as Bitcoin, and soon more and more players will flock to Ethereum if they haven't already.
He goes on to mention the high gas fees of Ethereum, but what he doesn't mention is the fact that Ethereum 2.0 will soon be out and the high gas fees will be done away with.
All the other tokens he's mentioned are great tokens but they are also super risky since they are in their early stages. Ethereum is probably the safest asset next to Bitcoin, and it's already been tested with the SEC and passed.
I think his evaluation is off. Not to mention if Bitcoin has another rally it's automatically going to take Ethereum with it.
He goes on to mention the high gas fees of Ethereum, but what he doesn't mention is the fact that Ethereum 2.0 will soon be out and the high gas fees will be done away with.
All the other tokens he's mentioned are great tokens but they are also super risky since they are in their early stages. Ethereum is probably the safest asset next to Bitcoin, and it's already been tested with the SEC and passed.
I think his evaluation is off. Not to mention if Bitcoin has another rally it's automatically going to take Ethereum with it.