Eth heads believe the first movers advantage is what gives both BTC and ETH equal reason to be #1 forever. This is fundamentally false, and reflects the poor understanding of cryptocurrency and lack of due diligence eth holders possess. This will ultimately be what leads to the downfall of eth. Not only are btc and eth fundamentally different, but other than a rapidly degrading first movers advantage, eth has no other competitive or comparative advantage to the countless fast, more efficient, and cheaper smart contract platforms. eth truly is the yahoo, the blackberry, of the cryptocurrency industry. see below the seething, uninformed, denying eth heads that a project offering nothing but hype will be the one to continue leading the pack.
Eth = Blackberry
Aiden Ross
Nicholas Wood
bad analogy, network effect matters a lot more for currencies than for tech brands.
Luis Miller
Reads like someone who didn't buy early like your mom told you to do.
Colton Torres
eth heads throw around words like network effect to justify their coin not dying. the network effect as a result of their first movers advantage is no guarantee or indication of its future success. eth is not a currency.
Dylan Bell
bitcoin is money
altcoins are technologies
ethereum is an altcoin
William Lopez
read like someone who is irrationally emotionally attached to their investments
Ryder Gray
like you?
Noah Evans
no, eth head. i am not an uneducated or unexperienced investor. i have sold 100% of my eth holdings at 3.5k. how about you?
Caleb Edwards
You’re all fucking retarded, buy ALGO, you won’t regret it.
Luke Morgan
Bitcoin was just the first proof of work shitcoin.
Ethereum is the EVM + the mining
Avalanche is the EVM, all other VMs, + new consensus protocol
If Ethereum is the Blackberry, then Avalanche is the iPhone
Zachary Peterson
How is that even true? The reason everyone has an iPhone is because they saw everyone around them getting an iPhone. Apple wants shit before the iPhone.
Jordan Smith
> Algo
My fucking man
wagmi
Colton Young
whats the make it stack?
Jonathan Jackson
The iPhone was successful because anyone could make an app for it and put it in the appstore.
On other platforms that was highly restricted and not as open so the iphones gained adoption much faster as they were much more useful.
Nolan Rogers
100k
Carson Baker
is this your newest cope, zuccboy?
your wife cheated on you
James Bailey
Its a centralized shitcoin using classical consensus and being limited to around 100 nodes, not decentralized and will never make it.
Sorry, you have to do better research or you wont make it.
Elijah Turner
nobody cares about your dead alts though.
Chase Rivera
Avalanche Consensus is the biggest breakthrough in Consensus protocols since Nakamoto.
Its also coming out of IC3, same as Ethereum once did, also Chainlink and many other technologies that are used in crypto every day.
You havent figured it out because you baghold some shitcoin and refuse to do research.
Henry Parker
*shits down your throat* actually, Algorand uses Pure Proof of Stake which can have an unlimited number of participation nodes, using VRFs to randomly select 1000 of these participation nodes to approve AND certify each block. Relay Nodes just exist to make consensus communication more efficient. You have done less research on this than I have, and I can tell because you smell like you masturbate to ETH 2.0 infographics twenty times a day. You’re the biggest, gayest retard in this thread so far and you should feel ashamed of yourself.
Michael Williams
that's nice, but technology has never driven price in this market, and it never will.
Charles Bell
Proof of Stake is not a Consensus Protocol, its a Sybil Control Mechanism. That you dont even know something as basic as this already says how clueless you are.
>which can have an unlimited number of participation nodes
Not all of them participate in consensus and its limited like for all classical consensus shitcoins.
Its funny that you think you know something but actually you just bought into a centralized shitcoin. Many such cases.
Luke Perry
The appstore is/was the most restrictive mobile platform.
Nicholas Edwards
Actually it does all the time, remember what happened after Cryptokitties?
That happened because Ethereum cant scale, it clogged up, fees got too high and the market collapsed.
So yes technology can influence the price.
If it would have scaled then the bullrun would have continued.
Samuel Fisher
take a look at this genius non-seething eth bagholder. seems like a reasonable, clever, and rational investor doesnt he
Grayson Carter
Not in the really early days.
It gave developers a platform to sell their apps on and it had more freedom than the competition.
But of course over time things get more restricted and shitty.
Blake Parker
nothing happened after cryptokitties, there's been a never ending stream of failed bitcoin and failed ethereum "killers" or clones since 2012.
ethereum is just a temporary tech product, it's only purpose is to dominate it's field to pump it's token's price so everyone can sell it into a hard asset.
but the thing is ethereum's actually managed that quite well, while all these embarrassing me-too altcoins haven't, so unless you sold those during their first bull market, you've just lost money.
Jackson Harris
I'm going to give you morons a free one. Quantum computing. Devs can program in any language. Devs also get royalties for unique code that gets copy pasted into other projects.
William Cooper
when all your competitors are retard who achieve their speed by big blocks and centralization you really don't have to worry about your """competition"""
Jason Turner
very good analogy. thread full of bagholders who think they were early so they must be right but are now married to obsolete tech