How do I get my friends to stop buying Ethereum?

Ive done over 2000 hours of research on ETH alone, and I decided to buy. Already in nice profit.

Why stop your friend?, I do not understand the question, but he might have done even more research then me, and can spot another alternate reason to buy this technology as its in its infancy!.

He sounds smart, but I cannot tell the future…..neither can he!

• he is either going to make off like a BANDIT or LOSE all his MONEY!
• Its his ‘hard earned money’, what right do you have to tell him what to do with his hard earned cash!!!! IS THIS REALLY BEING A TRUE FRIEND!?

Im guessing by the time you read this post, and screw you face up at it, your friend is over at his place, drinking some bud lite, and eating Doritos on the internet, buying up more ETHEREUM!!!!

Just let him be young grasshopper…. :-)

Ethereum is really a great option for beginner cryptoinvestor cause it serving as a building platform for the vast majority of apps and smart contracts in cryptoworld, which allow its holders to send tokens that represent values, like ICOs. These values can be things other than digital currencies, making it different to Bitcoin: Ethereum vs Bitcoin: Is Ethereum a Better Bitcoin Alternative?

Ethereum is a decentralized p2p network just like Bitcoin, but users have the unique ability to create "smart contracts" and there are many other functionalities on this open-source, public, blockchain-based distributed computing platform, which already provided Ethereum quick and impressive growth to #2 position in cryptoworld and good prospectives to become #1 cryptocurrency very soon, in 2018–2019.

Here are the quick overview of top benefits of Ethereum: Ethereum - Development - Top Benefits of Ethereum

1. Ethereum network comes with EVM (Ethereum Virtual Machine) which makes it Turing-complete.
2. Ethereum is almost a brand new platform.
3. Ethereum can develop many decentralized applications.
4. Apps which connected to Ethereum almost never go down and cannot be shut down.
5. Ethereum reinforces the financial department for the company.
6. Ethereum is gaining speed and momentum faster compared to Bitcoin.
7. Ethereum blockchain can transfer funds very easily for making payment.
8. Ethereum has no limit on bandwidths.

Buy Ethereum at ATH (All Time High), sell when it dips and show your loss to your friends. Since Ethereum has a nice future, you have to be careful with trend analysis. For example, you could have bought ETH at 500 USD and sold them at present when Bitcoin is in beast mode. No worries - you can always (not) follow the Elliott wave principle and continue BUY HIGH SELL LOW every other minute. If your friend trust your researches, give them the same advice about the entry and exit points.

Make sure they don’t access the internet to read Ethereum’s whitepaper, know about most of the new ICOs that are based on Ethereum Network and anything related to why Ethereum has a bright future. They should never about the algorithm behind ETH, Proof-of-stake and if they do, then make sure they don’t research about why does it even matter or how is it different from Bitcoin or most crytpos’ Proof-of-work.

Don’t let them read articles like these too:

References:

• Cracking the Ethereum White Paper – Bo – Medium
• Bitcoin SHOCK: Cryptocurrency could be OVERTAKEN by ethereum as world leader, experts say
• Top 3 Reasons to Buy Ethereum
• Ethereum May Upgrade to Proof of Stake in 2018 Says Vitalik Buterin
• Ethereum's Big Switch: The New Roadmap to Proof-of-Stake - CoinDesk
• Proof of Work vs Proof of Stake: Basic Mining Guide

Hope this (doesn’t) help.

Regards,
Paras Lehana

Why do you want to stop them, it seems they are well informed.

Remember one thing, Bitcoin, is just a store of value, Ethereum on the other hand has utility, and 1000’s of decentralised applications are being built on top of the network, applications that will start to go live, which will lift the price of Ethereum substantially, and eventually surpass Bitcoin’s value.

The corporates are buying in and this will massively expand the network. I keep telling people, we are right now with Ethereum, where Bitcoin was in 2010. Don’t let this pass by.

Find a promising project and get in !

Even if you just put $100 in, leave it for a year or two, then come back to me :)

Creating a New Economy on the Internet – Graeme Conradie – Medium

Why might you stop them? It's their cash and you don't have anything to pick up from it. Surprisingly more terrible, you have a ton to lose. What happens if ethereum goes to 10,000 usd per ether in the following 10 years? (I'm not saying it will, but rather no one knows). Your companions will loathe your guts. You are not in charge of their accounts and I accept they're altogether adults and can settle on their own choices.

Focus on the fundamentals.

Cryptocurrencies need two characteristics to be a good store of value, decentralization (no banks) and a cap on total units (no inflation). Ethereum has neither, it’s inflationary and centrally controlled to such a degree that the blockchain gets rewritten.

Bitcoin, and some other “Cryptocurrencies” are designed specifically as a store of value. They’re cryptographic, so you only have to trust mathmatics, not people.

Ethereum is not a cryptocurrency, by definition it’s more of a “Kleptocurrency” cobbled together to try and compete with Bitcoin.

The banker kleptocurrency Ethereum, is designed to fleece suckers who think “all digital money is the same”.

With Bitcoin you own a piece of the 21 million total units, that’s scarcity value, like diamonds.

Ethereum doesn’t have a cap. They’re going to keep issuing Ethereum forever…the only question is who’s going to be left holding the bag…

It’s the banks again, up to their same old tricks.

Just ask your friends 2 questions:

1. You remember what happened in 2008 and why Bitcoin was created?
2. Do you trust the banks enough to give them your money (again)?