This is something only oldfags can answer. When Ethereum first came out, what was the general consensus...

This is something only oldfags can answer. When Ethereum first came out, what was the general consensus? Was it seen as 'the next bitcoin'? How many other 'the next bitcoins' were there at the time? Was it a sure bet to get rich or was there just as much FUD as with every new coin today?
In hindsight it seems like it was pretty much a guarantee this would moon. But when you browsed biz and other forums in 2015, what did you find?

I think you had to have a bit of an imagination to understand the implications that smart contracts could have

Shitcoin led by russian teenager. 2015 was a year filled with hundreds of new shitcoins that all promised the world. Have a look at eth price charts.

Sure, but in the end crypto is mostly about hype in the first place. I just want to know if this was basically the biggest thing in crypto since bitcoin back then.

bump

btw
I think this year we will have the flippening

In New biz it would be treated as a scam coin

Vitalic was a drug addict and just released from jail. His dad once used him for porn as he was a child, you still find photos in the dark web. Vitalic still is psychotic and he hates humans, but he loves code. You have to understand that back inna days ETH seemed to be a scam, created by a traumatized childporn star. Nobody hat a glue...

Dude I watched the presale at $20 and passed.

I thought they were brilliant, but I never thought it could go mainstream. I always thought it would only be used by nerds.

I was right, but obviously I should have invested anyway.


Now I have EOS, it won't happen again. EOS will flip ETH and I'll make more money in the end even though I never really made anything off of Ethereum (I completely checked out for a few years)

Wasn't that supposed to happen in July 2017. Get off the dick mate

Nice fud. I rememberr those.

Just look in the archive man. Most people believed it was a scam that was going no where. Used to have a lot of the posts capped, pretty funny in hindsight. Wish I bought more back then.

no it wasn't a sure bet. it was heavily fudded and met with a lot of scepticism not just on Veeky Forums but all over. there has never been a sure bed. same as neo. its easy to think in hindsight "wow how come everybody didn't just stock up on these top coins when they were cheap".

and then you need to factor in not only buying ethereum, but actually being able to hold it. same with neo. think about all the people who dropped their stacks happy to walk away with x2, x5 even x10. its never as easy as it seems in hindsight.

Do you really believe this?
I think eth has succeeded for two reasons, one being obviously it's tech, but secondly the first mover advantage. Same reason why bitcoin is still on top despite far superior challengers or forks. It's true first movers don't always dominate, but it would take some big big changes for something to overtake eth and be the smart contract platform of choice. Maybe if ICOs start happening on it, as they have with NEO recently, but I'm not so sure.
Just food for thought.

It was during a time when all altcoins were shit scam coins except for a very few

there are even old bitcoin talk threads on ethereum where people conducted polls on who thought ethereum was a scam or not lmao. not even just disbelief in the project, but legitimate concerns it was a scam. the results were like 60-70% of people in favour of it being a scam IIRC

There were a few delays.
>tether printers going into overdrive
>Segwit2x countdown (lol cancelled)
>free coin forks

BTC is on life support, but you can't keep a vegetable relevant forever.

jumping off this, was there other smart contract coins that were fudded appropriately and disappeared, or hyped then failed, back then?

yeah, i don't know where you're getting this idea. eth has a roadmap to scale, already has a huge developer community, tons of dapps in progress...it's going to take a lot more than a slightly different, slightly improved (???) version of ethereum to flip ethereum.

i mean look at bitcoin. it's a piece of shit lol.

Not so different from now then. I'm always beating myself up over not investing back then, but I guess I would've thought everything was a scam anyway if I had known crypto.

People thought it was a scam, yeah.

it was "just another shitcoin" that was "overpriced" at 9$, as well as 20$...

you can't trust this board long-term
short-term maybe... even a retarted chicken sometimes finds a corn, you know...
Veeky Forums is that chicken

pic related. it's the average Veeky Forums-poster (minus the spoons, of course. pic rel. is actually a super-rare "spoon pajeet")

Everything is hype driven these days, just look at Iphone 4,5,6,7,8,x c,s,se
or hundreds of other phones which do the exact same thing with same features. If the consuming trend say you have to buy the next one then you have to buy it.

There was a fuck tonne of fud on bitcointalk which I unfortunately listened to and dumped my bag of over 5,000 ETH
Seriously if you know your coin is going to moon, just hold it and stay offline.
So many pathetic fucking vultures in crypto.

[-: Anyone seeing parallels to iota? :-]

They way people felt about Ethereum then, is the way that people feel about Turtle now. TURTL is up next!

Pretty much, I only have 20% in EOS now, because other stuff should outperform in 2018. But by 2019 EOS and ETH will battle for #1.

Not sure why EOS wouldn't ultimately prevail.

>i mean look at bitcoin. it's a piece of shit lol.

Literally nothing matters in this market!

No. Just no

This reminds a lot about FUD on another coin and it's lead developer.

>presage a true $20

on eth..? I remember buying at $8 and i was a latecomer

lisk, still around but not relevant

Yeah it went down. A lot

And I'm just sitting here quietly mining Akroma...

The fuck are you talking about? ETH ICO was 31 cents

Biz too....

eth has a massive scalability upgrade planned for 2018 on their roadmap. so the competition might be steeper hen you think

Guess I'm having a deja vu

I hope to god this fucker didn't sell early. I'd probably just kill myself if all I had to do to be a multi-millonaire was wait 2 years and I fucked it up.

why do people invest in orwellian danger coins that threaten our existance? do you people even think about that? iota is an evil coin

lets be real, he most likely sold at 5$ or even 10$ if he were lucky

the DAO hack pretty much cut eth's price in half and many people panic sold

I don't think any platform can beat out ETH. First mover advantage and the network is too extensive and heavily used. Newer blockchains will pop up and grow alongside the ethereum blockchain and you'll probably make gainz here but nothing like 1-2000x again. You will probably see 50-200x still.

A lot of platforms are making claims about scalability and being blockchain 3/4.0 but these are just pie in the sky promises.

There's just too much competition now. Unless your coin has a very niche area they specialize in they arent going to be big winners

Full of absolute shit, Eth was pennies to begin with.

I wasn't aware of the fundraising back in 2014, but the mainnet release in Aug 2015 was a big deal. You could tell because the hype was leaking to other boards. I first became aware of it because there were a few threads on /g/.

Those were different times though, and it was much easier to distinguish signal from noise back then. The next ETH could be right under our nose now but we wouldn't notice it because of all the flotsam.

There wasn't a complete consensus about ETH but a lot of people were saying this was your chance to redeem yourself if you missed BTC. I know that Veeky Forums gets shit on for being retarded but there are a lot of genuinely savvy people here and apart from knowing that ETH would be big, they knew WHY it would be big, presaging the ICO craze.

ETH was by no means a sure thing in 2015 though, it was still just a gamble. Arguably it was in late 2016 when we were getting the first ICOs that the impending moon became obvious.

>presale at $20

True oldfag here.

Yeah, ETH was being shilled on every single thread. Fell for the meme and dumped $300 (around december 2015) into it.

Those $300 turned into $200k and I'll be forever grateful with Veeky Forums.

That said, Veeky Forums now is garbage. There's no clear investment advice, just a bunch of shitcoin shilling and scams.

I also bought a 5K car the same month I bought ETH.

If I had dumped those 5K into ETH I would be a multimillionaire now. Fuck.

I didn't browse Veeky Forums or cared much for crypto until recently but I do have plenty of tech- and business-savvy friends and the three times I heard of a bitcoin level opportunity were:
LTC at

It was attacked like VEN and XLM are now..

Yes, Counterparty.
People were backing it as opposed to ETH in many cases.

ever wonder why the quality of biz keps getting worse? because the people capable of making money who wernt late all left

When I first heard about Ethereum it was all about the tech and the possibilities but it was a bit too futuristic and I don't think even the early adopted fully understood it. I didn't even know it was a "coin" until months after and not many people that cared about it saw it as currency.

Looking back on it, I wish I had seen the potential earlier. It was probably around $1 at the time.

I remember watching the trailer video when it came out and thought, "This thing is faggy as hell"

That video was very faggy at the time. It looked like an ad for five gum.

This is my great fear. What if ADA or XLM or any other coin have the same trajectory one day and I sell too early? But maybe they won't and $1 is as good as it gets.

Well I done it with ETH and XMR dumped both for pennies, would be worth somewhere between 15-20m today.
Fudders are fucking scum.

is NEO the next ETH?

You just have to choose and hold for 2 years no matter what. It's unlikely you chose so terribly you actually lost all your money unless it was a scam.

From what I hear a lot ETH was both heavily shilled and FUDed much like another coin today I won't bother mentioning.

Well holding can be the optimal strategy depending on what point in the market you enter. ETH was released at the bottom of a very long bear market. The only way for it to go was up.

The difference with LINK is that it's being developed at the peak of a massive bear market so holding might not help.

ETH was ever attacked by bitcoin maximalists
Everyone saw thru that bullshit
Only DAO hack caused lost confidence in smart contracts

ETH was loverboy of developers as it is now. ETH was what BCH is doing now, leaving the screaming retards alone to scream scam and fud, while eth and bch is advancing technology, they stagnate

If anything it'll be NEO competing with ETH's marketcap this year

>EOS
Im going with AE but good luck mate, 3rd gen is the way to go.

Also have but in UBQ as I like what their doing too

OK so this is the kind of fud that happen with ether, well fuck me!! The oldfags that told me about chainlink months ago were right, starting to see the same wild fud!! Any old fag here that shilled me link, thank you

I was the first person to start shilling ETH on Veeky Forums. I posted in every thread for about 2 months the words “buy ethereum” because I happened to be smoking a lot of weed over Christmas 2015 This was when nobody on Veeky Forums knew what the fuck ethereum was. Then every thread became about ethereum. This was down to me.

And then I brought over more backup from reddit and the shilling became stronger.

>From what I hear a lot ETH was both heavily shilled and FUDed much like another coin today I won't bother mentioning
bzc?

I thought I should buy when it was €6. I was ready to drop 2000 but I never did and forgott about it.

>ETH is a mess

I did't browse Veeky Forums at the time, but was interested in crypto. I've been buying acid off darnet for a few years now, so that got me interested.
>tfw remember when BTC was a couple of $
>tfw remember when ETH was pennies
>tfw remember when i tried to mine LTC when it came out, but gave up because i couldn't be bothered to learn how
>tfw had the money to invest in shit, didn't, then wanted to when i lived paycheck to paycheck

Live and learn. Next best time to plant a tree yadda yadda. Lets hope the bubble doesn't pop before XLM moons, that is literally my last chance

Super oldfag and ETH whale here. I remember when the white paper came out in 2013, written by a 19 year old kid. Back then, you had bitcoin, the absolute king, and everything else was a complete shitcoin, with just a tweek to block times or rewards or some shit. ETH felt different, but because nearly everyone was a Bitcoin maximalist then, they put down Ethereum as a pre-mined scam. Mind you, in 2014, pre-mined scams were not uncommon. I came around to Ethereum in late 2015 when I examined the potential, and realized that Bitcoin would not do what Ethereum could, without scaling, and seeing a debate on scaling brewing, I calculated that Ethereum would implement its platform before bitcoin, that it would be game-changing, so the growth potential would be higher- even without the Flippening.

>Lets hope the bubble doesn't pop before XLM moons, that is literally my last chance

shill moar, faggot

Back to /b/ with you please

I clicked on Veeky Forums for the first time in march of 2016. ETH was shilled all over this place. It was THE coin and had the best original content.

>The difference with LINK is that it's being developed at the peak of a massive bear market so holding might not help.
So there's still a chance to acquire LINK at a low price? Very nice.

kek

It was a mix of 'BUY ETH' and 'RUSSIAN SCAM'

Some ETH whale shilled the fuck out of ETH on Veeky Forums here during Dec. 2015.

He gave out 1-5 ETH to people posting their address, at the time that would've been worth about 2 usd.

At that time BTC was king and everything else was pure shit. Go back in time on CMC and look at the volumes and marketcaps on other coins around at the time.

BTC just dominated the scene and it was clear that 99% of the crypto community was totally blindsighted. All blindly following BTC, the halvening was a big event about to happen at the time.

Not a lot of people understood the implications of ETH, and without ETH's rise later in 2016 it wouldn't have been possible for all the other alts to be where they are now.
ETH showed BTC it was outdated, slow, basically dieing tech. From that point on ETH inspired a lot of alts to be created. However, ETH has the best and biggest dev community, the most well defined roadmap and usecase. Besides that it also has a massive headstart on all other solutions trying to copy it.

I'm expecting ETH to take over the #1 spot very soon (before this summer) and reach a value of 5000-10000 before EOY. After the craze that was 2017 partnership announcements, copypasted whitepapers and shiny websites won't cut it anymore.

This year will be about the actual usecase and transaction amount (spoiler: ETH is the only blockchain actually being used for millions of transactions).

When Scaling will be -completely- solved in the second half of this year and full staking of ETH will be introduced, you better hold onto your butts because the price is going to Voyager I levels. (hint: look at what happened to Dash's price after masternodes got introduced, and it's a useless coin otherwise).

tl;dr: you're missing out on the biggest investment opportunity in crypto and possibly any scene for the coming 10 years if you don't at least hold a few ETH right now.

Bonus tip: we're about to break out from a pennant on ETH/FIAT. Sharp pricerise is incoming

I fully agree with everything that you say, I only wish I had more money to put into ETH. I'm holding 35 ETH and I don't think that'll be enough.

Who knows?

bump

Smart user
Rarity around here

Whats your next prophecy? Stellar, Ada, RaiBlocks?

>my oh my, someone that knows what theyre talking about!
>a rare breed these days, i say
God you fucking newfags piss me off

Well done brah you deserve good things

I always had faith despite the doubters.

I got laughed at, but look who's laughing now

by OG bitcoin holders, ethereum was seen as a scam, and it still is.

you're wrong faggot. ETH is doomed.

why would it prevail?

ETH is closing in on sharding, at that point it's too late

Very interesting. Thanks user

t. long Wang

I have 110 ETH, should I just hold onto it and not fuck with anything else?

I just want to reach $1 million, I can wait a couple years if need be.

i'm also an oldfag and he's just shilling to you. don't listen to him.

prajeet scam

trade for BTC and hold for 3-4 years. screencap this

More or less the same experience link gets now. A complete dichotomy of extreme fud and extreme loyalty.

I already have 1 BTC (not much, I know) but I honestly just don't think BTC has much of a future.

I like you.
>pls be in london

Is EOS is going to ruthlessly murder Ethereum WITH NO SURVIVORS? Of course!

Even when ETH scales it will still require transaction fees. EOS has a $1 billion VC capital injection program.

If you didn’t buy a lot of EOS for under a dollar you should really reconsider if crypto is for you.

Stop shilling this crap in every thread, Pajeet

Lol just look at the replies you're getting.
Yes IOTA is the future, plain and simple.

Eh, saying EOS is going to murder ETH is like saying BCH is going to murder BTC - it's simply not going to happen.

ETH has a way bigger development team, bigger names back it, and ETH will solve it's scaling issues - not a matter of if, just a matter of when.

Is ICX good too? I have 3k not sure if I'll make desu

Coinmetro is having a flash presale for their upcoming ICO.

The password to get in is- (Hardcap)

Coinmetro is an exchange that’s planning on accepting fiat... I think it could be big and follow the lines of kucoin and binance

if you’re interested, use my code so we both get a bonus
go.coinmetro.com/?
refId=5a5a99547edf7210aa11551b

Lisk is gonna wreck eth gains this year

Cool. Good luck building a Facebook clone on top of Ethereum.

Oh right, you can’t do that because Ethereum requires transaction fees and EOS doesn’t.

I was the only EOS shill on Veeky Forums for months. This isn’t a low market cap shitcoin I’m trying to bag dump on Veeky Forums

Talking about EOS on Veeky Forums has no impact on EOS.

Tl;dr Ethrereum will always require transaction fees and will be made obsolete by EOS which is the optimal blockchain