Why do people buy when coins are up and expensive instead of when its cheap and down? Right now this is ETH...

Why do people buy when coins are up and expensive instead of when its cheap and down? Right now this is ETH, why must they make the same mistake many time like in the past?

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btw it means buy Eth its cheap as fugg

>Feel like I'm stealing from someone at these prices

>kek

What shitcoin was that referencing again? Nano? There's no comparison. Ethereum is a fucking institution at this point

Same. I'm accumulating as much as I can along with the whales. ETH was recently 5X what it is now—you'd be insane to think this sale is permanent.

i will never buy eth i will cut my dick off before i touch that cancerous shit. i may buy etc at one point if it goes anywhere tech wise.

It's the same story every time. With every big drop there is some special thought that this time the drop is real and the coin will not recover from it. There won't be a bounce this time. Until traders buy up the bottom against all fears, the coin bounces and another pump cycle starts with everyone forgetting about the thing they were worried about before.

People want confirmation first so they have less risk that it will go down further

Yeah man and I fall for it everytime.

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Quit being a pussy and buy the dip. I seriously regretted not buying at 300 in March or whatever before it pumped to 800, I would have made sick gains, but I pussed out.

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I was an Eth maximalist for a long time. Started buying in early 2017 around $40 and held all the way to the top. I now own zero Eth. Vitalik has basically admitted that it will never scale and even if it did, the whole dapp thing is a meme. There is no real life demand for dapps.

Wtf are you talking about? This is the worst fud I have ever seen. Fucking Constantinople is coming out next month. Exect massive announcement on October 30th. Sharding and PoS within a year or two max. Things are looking up.

Because ETH is going to double digits in the near future. Not everyone wants to go down with the sinking ship.
OP, have you ever considered that some people may just know a bit more than you?

ETH is doing state sharding in 2021

THIS exactly is why ETH is dropping right now. Everyone who follows the news even a bit are seeing that the scaling propositions are not coming. Without scaling there will be too little tx's/s possible with ETH for it to be any use.

>some people may just know a bit more than you?
Let me guess, you read Arthur's blogpost hatchet job and now you think you're an insider.
Yes goy, get all your trading advice from exchange CEOs.

EOS will flip ETH at $10bn marketcap

The new roadmap is an improvement over the old one. Constantinople will make the network more efficient. PoS and Sharding are set to come out sometime between 2019 and 2021.

Aside from this, not really sure how fundamentals really affect price. I mean, the bullrun was totally built on hype, and Ethereum is a better product now than what it was in 2017...

>buy the dip at 240 thread

That wasn't a dip, that was the falling knife, silly.

The scaling thing is an issue, but it's one that can be resolved.
The issue of dApps having no real world demand is a much more interesting question, because it's basically a show-stopper - there's nothing we can do to solve that problem. Demand is demand.
If properly adopted, dApps could easily be the "web 3.0" paradigm we all want so much that shows like Silicon Valley feature it - Essentially a mesh network internet.
Imagine storing static HTML/CSS/JS on the blockchain and your browser requesting it from the blockchain at DNS time.
Imagine that static page connecting to the blockchain dynamically to perform would-be server-side functions.
Imagine dApps going beyond just this use case - Imagine a society where all facets of societal functions are decentralized in a blockchain-esqe manner. You ARE your private key, and something only happens in society when the private key holder him/herself instigates it with their willpower. No need for middlemen.
THAT is true freedom.

>PoS and Sharding are set to come out sometime between 2019 and 2021.

lol by the end of the year we will get PoS by 2050

how is it freedom you delusional person. This is just dreaming of decentralization like in any decade before blockchain. It turns out that people dont want to lose their entire identity and money just for accidentally showing a string of digits.

>Sharding and PoS within a year or two max
clearly you are a newfag. sharding has had like 6 deadlines already and everytime the deadline gets close eth team says, "no wait, we are delaying it another 6 months" and now... theyve delayed if for two fucking years lmao

did he photoshop the death pimples from his face again?

Sharding may take a while but PoS is actually a pretty quick win - Other blockchains have done it pretty easily, easy example is NEO which has always had a pretty fast network.

It's freedom because it eliminates the need for trust and corruptable human regulation. There are other methods of storing a password safely - We have the same problem with our usual passwords - This is web security 101 - The problem of the secret. The typical approach is to store a cryptographically secure signature that only the real user can reproduce, so the key itself does not leave the user's end, and if that's ever compromised, allow them to reset their signature with a new salt by combining with 2FA like email or SMS confirmation.

>Essentially a mesh network internet
If this is what you want you should be buying NKN, not Ethereum

Kek remember when OMG was going to solve scaling too? How did that turn out?

Give me a quick pre-google rundown on NKN user, haven't even heard of it.

ETH was 5$ just last year, plus the king of Bitcoin told us that it will be a two digit coin by EOY

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it's harder than it sounds... when something is down it's down for a reason

I came into this saying aw yeah buy low, sell high, no problem. But when your 5k turns into 1k you start to feel emotions you didn't plan on feeling

Nobody wants to catch a falling knife, user. Honestly, ETH is just dying.

It was cool and got a lot of hype because of Smart Contracts and dapps, but then it was never able to scale to do anything with them so it got almost zero first mover advantage. The only thing it ever really was successful at were ERC-20 ICOs, which is what pumped it to $1k.

Meanwhile, literally hundreds of competitors (most of whom started out as ERC tokens) have come along promising the same things as ETH but faster, cheaper, better, and more practical.

You’d be a fool to keep buying ETH as it bleeds and bleeds with nothing coming for 1-2 years to even attempt to stop that bleeding. In a year Holo or some other platform will be established at #2 and ETH will be back in double digits. Even Vitalik says ETH would be overvalued at $8...

etc is a dead chain and will not go anywhere

Lmao, stay poor, cuck

i unironically said this about nano like a month ago, and look where that went.

they dont have mponey left to buy after buying high. that is atleast true for me, while i didnt take a loan, i alread invested more than i should hae.

Were you the guy that started that meme by buying a bunch at $5 bucks?

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ZIL mainnet with all those things will be out in 5 months after testing on a new blockchain (read: not bloated)

>t. Eth bagholder

Waiting for ETH to drop below $20

>Right now this is ETH

Eternal Time Hell? Couldn't agree more.

yup, someone is definitely stealing from someone