I talked about it in a past post, many people look at altcoin prices in US dollars and forget that most of the time the price of altcoins goes up in US dollars because the bitcoin price has gone up.
Let's look at ETH:
January 2017 had a price of 0.14 BTC and look at the current price: 0.036 BTC I don't need to say anything else
Topic: As Ethereum begins to appreciate in the market what is the fate of other alts? (Read 180 times)
August 16, 2020, 12:43:57 PM
August 06, 2020, 12:36:40 AM
It is not strange that ethereum is appreciating, that's what we long await. But this will favour not only bitcoin but also other altcoin. The thing is that no altcoin is so far more than Bitcoin, if there would be anyone that will contend with bitcoin, it is welcome. It's all for good. For the hodlers, I believe we have learnt from the last bull run, you've got to be smart this time around and take advantage of the bull run.
Bitcoin affects most of the cryptocurrencies and so Ethereum will affect mainly altcoins. And being true to what you have said for having a smart and wise decision. I know you're giving a reminder but this time situation can repeat.There's 2.0 and it's been awaited for a long time and most holders are not willing to sell it once it's been kicking. We'll see another FOMO anytime soon and once Ethereum gets more stable to $380-$400.
There's a good potential on Ethereum after I had heard the most anticipated upgrade will come, the Ethereum volume 2 brought excitement to the investors, plus, the Defi project that also have big impact to the Ethereum.
It's exciting because it will allow holders to earn passively with its staking. 
August 05, 2020, 03:36:58 AM
(....)
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Bitcoin dominance will surely drop at some point. It can not continue to be up there. I have observed this happen before and it will happen again after bitcoin have had a good bull run. Once this begins to happen we should be sure that other altcoins will join Ethereum and all coins in cents will begin to increase in value.For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Here is the current chart for Bitcoin Dominance.
We are still above the strong horizontal support of the Bitcoin Dominance.
So, it's still difficult to claim that the Bitcoin Dominance will make a dump since only Ethereum is the one pumping here and Bitcoin is also pumping if Ethereum is pumping, although it's not the same percentage on how big the pump.
The 60% is the strong support for Bitcoin Dominance now, when we break below that, for sure a huge pumps on altcoins, leading by Ethereum.
August 04, 2020, 06:21:56 PM
There's a good potential on Ethereum after I had heard the most anticipated upgrade will come, the Ethereum volume 2 brought excitement to the investors, plus, the Defi project that also have big impact to the Ethereum.
Altcoins might follow to Ethereum while for sure the dominance of Bitcoin will drop for a while. But I think that is a temporary correction.
After reading this article blog about Ethereum's update, Ethereum 2.0’s “final” and “official” public testnet, I saw the brighter future of Ethereum one of these days.
IMO, I don't care about other altcoins aside from Bitcoin and Ethereum, which they have potential to invest.
Altcoins might follow to Ethereum while for sure the dominance of Bitcoin will drop for a while. But I think that is a temporary correction.
After reading this article blog about Ethereum's update, Ethereum 2.0’s “final” and “official” public testnet, I saw the brighter future of Ethereum one of these days.
IMO, I don't care about other altcoins aside from Bitcoin and Ethereum, which they have potential to invest.
August 04, 2020, 03:08:13 PM
It is not strange that ethereum is appreciating, that's what we long await. But this will favour not only bitcoin but also other altcoin. The thing is that no altcoin is so far more than Bitcoin, if there would be anyone that will contend with bitcoin, it is welcome. It's all for good. For the hodlers, I believe we have learnt from the last bull run, you've got to be smart this time around and take advantage of the bull run.
August 04, 2020, 02:48:52 PM
For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Bitcoin dominance will surely drop at some point. It can not continue to be up there. I have observed this happen before and it will happen again after bitcoin have had a good bull run. Once this begins to happen we should be sure that other altcoins will join Ethereum and all coins in cents will begin to increase in value. I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
August 03, 2020, 01:32:53 PM
The Ethereum movement is quite predictive. most traders jumped into the trade because of the price movement. the current bull market might be as a result of the long awaited bull that has not happened since last year. it might be another oppotunity to bring the cryptocurrency to spot light. observing the market closely shows that the other altcoins has been moving up gradually. they do not depend on ethereum price movement as well.
August 02, 2020, 09:13:59 PM
not all altcoins will increase, the ups and downs will always be on the altcoin market, I personally hold BNB for the future.
the reason is simple because BNB has an exchange that continues to advance to dominate the entire crypto market.
the reason is simple because BNB has an exchange that continues to advance to dominate the entire crypto market.
August 01, 2020, 05:23:30 AM
I don't look that much with other altcoins and their fate. But there is a connection whenever ETH is also pumping, some of them are also pumping. This time, I don't see that all of them are coming together as ETH pumps. Many altcoins don't go anymore with the hype and this means that investors and traders are only tuning to the most active cryptocurrencies. And don't just focus on ETH, BTC is also doing good this time so take a look for both ends.
For Sure, it's the time to take good look at ETH and BTC as both are pumping. Some other coins are also doing good. But as you have said, investors only focus on eth and btc mostly.
I see more developments coming on Ethereum network which is the reason behind the faster pump of Ethereum. Focusing on both ETH and BTC is good by the way.
While for ETH and BTC, you will not disagree that these two have the best potential of them all and you will never go wrong buying these.
August 01, 2020, 05:07:32 AM
I don't look that much with other altcoins and their fate. But there is a connection whenever ETH is also pumping, some of them are also pumping. This time, I don't see that all of them are coming together as ETH pumps. Many altcoins don't go anymore with the hype and this means that investors and traders are only tuning to the most active cryptocurrencies. And don't just focus on ETH, BTC is also doing good this time so take a look for both ends.
For Sure, it's the time to take good look at ETH and BTC as both are pumping. Some other coins are also doing good. But as you have said, investors only focus on eth and btc mostly.
I see more developments coming on Ethereum network which is the reason behind the faster pump of Ethereum. Focusing on both ETH and BTC is good by the way.
July 30, 2020, 10:38:36 PM
For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Those who bought at $50-70 when it dumped would be smiling to the banks already. The dominance still continues, when I created the OP it was around $282. It is $312 currently.
That is if they haven't sold at the first price increase, not everyone who bought at $50 - $70 will still be holding till now, some must have sold when it hit $200 or so thinking they can buy below, the most difficult part is the continuous hold, eth is on fire now no doubt, I always regard it as a long term investment because eth has a way of increasing in price unexpectedly, when you list expect it eth will strike.
July 30, 2020, 05:07:05 PM
I don't look that much with other altcoins and their fate. But there is a connection whenever ETH is also pumping, some of them are also pumping. This time, I don't see that all of them are coming together as ETH pumps. Many altcoins don't go anymore with the hype and this means that investors and traders are only tuning to the most active cryptocurrencies. And don't just focus on ETH, BTC is also doing good this time so take a look for both ends.
July 30, 2020, 03:24:50 PM
Wait for ethereum 2.o launch then only we can find the real altcoins season began or it was just a fomo created to buy more ethereum before its launch to avail the rewards.Bitcoin is also has been bumping in the meanwhile time so we can find most of the cryptos are following its trend so just buy some bitcoins for now and wait for the bullish trend to begin.
July 29, 2020, 08:39:13 PM
For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
(...)
Those who bought at $50-70 when it dumped would be smiling to the banks already. The dominance still continues, when I created the OP it was around $282. It is $312 currently.I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
(...)
(...)
There are still lot of rooms on Ethereum, as you can see the all-time-high of Ethereum which is $1,448 based on coingecko, we are still -78%.
Other altcoins will also follow but I believe it will be different percantage gains/loss if ever Ethereum will pump or dump soon.
July 27, 2020, 12:40:15 PM
For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Those who bought at $50-70 when it dumped would be smiling to the banks already. The dominance still continues, when I created the OP it was around $282. It is $312 currently.
This was a long wait before ETH crosses 300$ and with bitcoin crossing 10700$ will will continue ur to see ETH and other altcoins also will rise and will participate in this increase in price . All the investors would be happy to find this levels and will want that it continue to grow at this pace so that people can make some money on this levels . Any dips here is a good buying time .
July 27, 2020, 01:29:12 AM
In the last couple of days we have witnessed a great price increase in Ethereum and I'm super happy about it's great gain.
Same here mate,i am one of the most happiest people seeing ethereum is growing this high.Quote
I'm curious to know if it's is Altcoins season; which of the nearest alternative can you suggest for a HODLer?
An interest rate of +22.93% in 7 days isn't a bad choice after all.
There is no Altcoin season mate,look at the other coins in top 100,while Bitcoin and ethereum is pumping high other altcoins are in Red lines now.An interest rate of +22.93% in 7 days isn't a bad choice after all.
Quote
[/img]
July 26, 2020, 01:51:49 PM
In my opinion, Etherim is currently undervalued, considering how many projects work on this blckchain and what role it plays in the entire ecosystem, it should cost a lot more than now
July 26, 2020, 08:05:42 AM
In the last couple of days we have witnessed a great price increase in Ethereum and I'm super happy about it's great gain.
I'm curious to know if it's is Altcoins season; which of the nearest alternative can you suggest for a HODLer?
An interest rate of +22.93% in 7 days isn't a bad choice after all.
[/img]
Stop saying about "altcoin season" because there is no way that altcoin will grow independently because lool at the market https://coinmarketcap.com/ it is Bitcoin that Make the Bull and Ethereum like other altcoins just move with it so nope this maybe Bullrun but not Altcon season.I'm curious to know if it's is Altcoins season; which of the nearest alternative can you suggest for a HODLer?
An interest rate of +22.93% in 7 days isn't a bad choice after all.
[/img]For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Lol it is Bitcoin who pumped mate not just ethereum,Bitcoin grows up almost 4% pumping to more than $10,000 in 24 hours?I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
this is the highest since months ago,Hope will stay longer .
July 26, 2020, 05:37:35 AM
For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Those who bought at $50-70 when it dumped would be smiling to the banks already. The dominance still continues, when I created the OP it was around $282. It is $312 currently.
July 26, 2020, 01:25:09 AM
For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
July 25, 2020, 11:10:11 AM
In the last couple of days we have witnessed a great price increase in Ethereum and I'm super happy about it's great gain.
I'm curious to know if it's is Altcoins season; which of the nearest alternative can you suggest for a HODLer?
An interest rate of +22.93% in 7 days isn't a bad choice after all.
[/img]
I'm curious to know if it's is Altcoins season; which of the nearest alternative can you suggest for a HODLer?
An interest rate of +22.93% in 7 days isn't a bad choice after all.
[/img] Jump to: