Why is Ethereum doing so poorly?

Oh, the 51% chain :D

What you're implying will never happen in your lifetime. I say that as an eth holder

Eth network is slow and proof of stake is broken.

This is evident by a shitcoin like uniswap raising network gas fees and transaction times over 10000% during it's airdrop. Eth and any coins based on it are not robust enough to handle normie tier traffic density. This is why the banking system has made it's bed with the ISO tokens.

>hurr durr only 25% in 7 days
ETH is going to be above $1000 ext year, while at least half of the shitcoins you mention will go to near zero and the others will fall by a lot soon you ngmi retard

>deluded
>and I agree

retard

So wrong. L2 solutions will make gas fees unimportant and that’s just on the eth 1.0 chain.

Far more liquidity in the ETH markets.

While you dream of 2.0 other faster networks are already working and being used by institutions. Some of these networks are faster and have more throughput than global credit card purchases.

Proof of stake will hold eth back forever. That is the source of validation slowness.

The utility of eth will fade away as other networks are built that do everything it can do but faster.

i cant believe how still retards worry about this stuff. More demand = more people working to fix these problems, same happened with the internet. This is why bitcoin or eth transaction fees or speeds are not a problem, they will be solved. I dont know how but they will and i dont need to worry about it.

IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.

We're hitting $700 today

The problem is already fixed on other blockchains. Your example is like a guy who believes steamships will get ever faster when airplanes already exist.

Proof of stake is a meme that will kill the tokens value

This

Pretty much everything in tech needs constant upgrades

Name one (1) blockchain that scales.

Xrpl

he’s from reddit of course he’s retarded

>centralized gross settlement protocols are decentralized blockchains

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Betting against Ethereum has to be a retards move, much like betting against Bitcoin. Keep stacking your eth bags, keep stacking your Alts bag like IOV and become rich. It's that simple

Tell me how is it centralized brainlet? Sure major institutions will be running most of the nodes, but anybody who wants to can set up a validator and check the work. How in the f*** is that any different? You might say well the banks could do a 51%. That's true but all the independent validators that are also hooked up to the network would cry foul, and that would look really bad for XRPL. There would be no incentive for any major institution who is serious about using XRPL to conduct a 51% attack if they want their systems to keep working properly. And even then it would take many different institutions and probably some independent validators to be in on the scheme. And I can imagine that as the network grows the number of independent validators will go up. So is it more centralized, yes I guess so, but independent validators can hook up to the system and check the work. so it's really a difference that makes no difference. Except in speed.

Its a meme, a decentralized "computer" that cant even run the most basic shit without retarded fees and slowing down

A bet on ETH/AVAX is going to be the soundest move imh

I don't think anybody is arguing that ethereum is going to go down in value. At least what I'm arguing is when it goes up it won't be because of utility, it will be because of hype. And the thing about hype is it dies out. The thing about utility is it's forever. So will it go up in the short term Yes. Will it go up in the medium term probably. Will it stay up forever maybe I don't know. Is there a chance that in the long term it tanks to the f****** ground as other networks prove themselves is more robust? That is a definite possibility.

That being said it will go up based on hype, but will it go up just as much in value as other coins that actually have utility? Probably not It's probably going to stick around the $1,000 to $10,000 level for the next few years. I can't see it running to $100,000 when other networks are faster more reliable and less spaghetti.

How to spot a retard who's going to die poor, they bet against the best move. Go stack Eth dumbass and you can also throw in a bage of BASE. To hedge the funds from loss