Bitcoin is hardly a bubble in comparison to what's going on with Ethereum. Bitcoin works well and is secure.
Can you name a single dapp that's actually useful? No? A single use case for turing complete smart contracts that isn't A) pipe dream unicorn magic B) solvable with multisig?
ETH's primary use case is stealing others ETH in the form of dubious s̶e̶c̶u̶r̶i̶t̶i̶e̶s̶ token sales.
>normies buying eth just because it's "cool" and has hype and is going up (no it's not going to go up forever)
>culture revolves around Overlord Vitalik, hype, 'lambos' and shitting on bitcoiners
>community is deliriously positive when it comes to ethereum and extremely biased against bitcoin
>community largely dismissive of issues with ethereum and think everything will be fixed in the magical future that's finally filled with use cases for eth
>community largely dismissive of competing technology, falling for the same bullshit bitcoiners fell for thinking eth will go nowhere
>sharding isn't easy and might not even work out
>proof of stake design isn't easy and might not even work out
>not everyone needs to be fucking writing smart contracts
>writing safe smart contracts is extremely difficult
>multisig alone can solve many problems
>RSK
>a lot of the 'value' of eth is flowing into appcoins which are actually useless and can't justify their existence, leading to dilution
>EEA is literally just a pump narrative and they're not doing anything substantial
>/r/methtrader idiots are taking out loans to go all in on margin, further fueling the bubble
>>2399584
IDK OP, what do you expect? ETH Is only worth above $1 because its a normie coin. The more sheep you can get to believe something is useful the more its value goes up, it was same with Dogecoin, people were posting pics on 9gag of them mining on laptops (cpu mining) and getting $0.1 after destroying their battery by mining for days 24/7. "Normie zombie sheep" wants to be part of whatever is popular.
They didn't do this with BTC because BTC was "money used to buy drugs, illegal shit and everything else". Back when BTC was $300 it was only used by people who knew how to mine. Nowadays there are people who have > 10 ETH without even knowing what a blockchain is or how it works
They just see ETH Alliance and (their) authority brainwashing kicks in with all the fancy company logos = buy.
>>2399584
It's a free market. Various coins can be successful.
Please take a hard look at your one-sided mindset.
Bitcoin is outdated, has high transaction fees, and can take days to process. Look at the unconfirmed transactions! Many have to wait hours or days for Bitcoins to show up in their account after purchasing with a credit card.
Bitcoin developers have had years to do a soft fork and make it better but they never did. August 1st they finally are going to try to do an update, but many are against it.
I do hope Bitcoin improves for Bitcoiners sake but Ethereum is much better than BTC and has many possibilities.
31 billion dollars doesn't go into a coin because it's all hype and a scam.
Please stop creating your nonsense threads.
Why can't ETH & BTC & other coins co-exist?
I remember when LTC came out years ago how much of a witchhunt hardcore bitcoiners had about it, even though it was better than BTC even years ago... and BTC devs didn't even work to improve BTC in anyway. LTC has basically forced them to do so by getting Segwit & LN first. If that's what it takes for BTC devs to get off their ass then so be it.
>>2399837
ETH is a centralized scam. BTC is the only coin worth anything.
https://www.youtube.com/watch?v=wUUVlatCvp0
This doesnt mean there isnt a lot of money to be made trading.
>Write 20 page white paper
>???????????
>get $20million in eth
Bitcoin shills at work boys. Careful and HODL ETH