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RE: Why I think Ethereum (ETH) is poised to fail - Two Major Mistakes Are Made

in #ethereum6 years ago (edited)

We are in a huge mining bubble, when over 50% of the market cap can't scale.

Watt is already per second, no need for an extra per time.
Either TWh per hour or just Terawatt.

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In my opinion all alt coins are overvalued (in a bubble) and Bitcoin is undervalued. Hype is created by marketing teams of alts while BTC get mostly negative attention, and exactly there is all the real innovation. Thanks for the correction! I edited it.

Bitcoin core is crippled by Blockstream, to make money with extra services and can not be used as money.
The real innovation comes from alt-coins, but this is no problem, because we have a market to sort this things out.

Really? The only service that makes money(made by Blockstream) is the liquid sidechain and it only the monthly fee. Blockstream will hardly make money off the LN and RSK so?

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