It's not a worse store of value than BTC, why is it dumping so hard?
What is happening to ETH?
Dominic Rivera
Other urls found in this thread:
etherscan.io
twitter.com
Jaxon Myers
Genesis wallet is dumping ETH
Mason Reed
IT'S BECOMING ETHEREAL
Bentley Moore
Sometimes ETH is leading bitcoin.
Bitcoin is gonna follow ETH soon and capitulate in a similar way.
Nicholas Kelly
As alts die, their devs dump the ETH raised in the ICO and ERC20 offerings to salvage their money.
IE: Exit scamming, essentially.
Asher Garcia
ICOs selling ETH to preserve runway. The more that do it, the more that have to do it. Run(a)way effect.
And only 20-30% of ICOs have started cashing out, so there's plenty more room for freefall.
Nicholas King
Also, NO LIMIT on the supply. It increased fairly recently here. They could raise it to billions if they wanted to.
Aiden Ramirez
Many ETH holders are converting to BCH and ETC.
Noah Ortiz
??? Address?
Sebastian Nguyen
Vitalik is exit scamming
Jacob Thomas
>taking your ETH from a dumpster fire and pouring it into a raging furnace
nigga please
Thomas Carter
Luke Bennett
that would cause it to pump..
Austin Williams
John Gray
Tyler Brooks
I thought that the genesis wallet couldn't be accessed? Doesn't it exist to be a burn address for ethereum?
Brayden James
double 7's, powerful number. usually means this is accurate
Landon Sullivan
The price dropping is bullish, though.
Liam Butler
>insane sell pressure makes the price rise
where's that image where the user doesn't realize you need a buyer to sell something, it's warranted right now.
Andrew Scott
haahaha heheheseshhh
Andrew Rodriguez
damn thats scary
Luis Martinez
people dumping eth for turkish lira
Aiden Clark
Jose Brown
user suddenly have just realized that all these while, he just rekted himself.
Owen Ross
Inherently ETH is shit, no solution to scaling and hard to code.
ETH is netscape of the early internet
Brandon Wilson
>he doesnt own even a single BTC
enjoy that fine rope round 2020
Jordan Watson
The reason ETH gained so much so fast last year is because almost all ICO's were built on the ETH platform.
As coins die, the opposite happens and they leave it.
There are over 1850 coins right now. 1750 of them will die.
Justin Murphy
>It's not a worse store of value than BTC
It is absolutely a worse store of value than BTC. The fucking founder and too devs have all said that Ether is not suited to be a currency. Vlad Zamfir has literally said that ERC20 tokens are better currencies than Ether (leading to the creation of 0xBitcoin and clones). Why would you think a utility gas token which will not even be mineable in 2020 could ever be a store of value? They aren't even doing a hard cap so inflation is infinite lmfao
Justin Bennett
Oh, just 210 320 ETH in 2018. What? Why now?