Topic: Bitcoin dump, Ethereum pump! - page 3. (Read 822 times)
This month is by all accounts the downtrend for the crypto market, however ideally, one month from now will be a decent month that can turn the heading and have a major convention until the finish of this current year. I imagine that over the long haul no altcoin will dominate and turn into the new ruler on the high position.
Currently the price of altcoins is no longer dependent on bitcoin, the bitcoin market cap continues to decrease because more and more people choose more promising altcoins, I'm sure a maximum of 5 years from now the position of bitcoin will be replaced with ethereum or BNB, or other altcoins.
for a while yes, I agree that altcoins are sometimes able to move on their own and it has been seen that many altcoins reach ATH when bitcoin is experiencing a correction.but again I see it is only temporary and will not continue to be able to do that, after all bitcoin is still the spearhead for all coins in crypto.
I'm not sure that bitcoin will ever be able to replace it, because currently bitcoin's market cap is already $1.1B the closest is only ethereum, and still half of what bitcoin earns. far enough to make these changes, but it's not impossible but seems to be experiencing difficulties, maybe it will happen in a few decades can be replaced.
Currently the price of altcoins is no longer dependent on bitcoin, the bitcoin market cap continues to decrease because more and more people choose more promising altcoins, I'm sure a maximum of 5 years from now the position of bitcoin will be replaced with ethereum or BNB, or other altcoins.
Who said Mate ? did you not see the Altcoin market correction when Bitcoin corrected a few days ago ? and do you think Bitcoin is no longer promising for the future ?Hello mate, wash your face and look at the market now when Bitcoin is starting to rise others are still following, and that means Bitcoin is still very influential for all Altcoins because Bitcoin and Ethereum are coins for the rich as well as for the whales.
Currently the price of altcoins is no longer dependent on bitcoin, the bitcoin market cap continues to decrease because more and more people choose more promising altcoins, I'm sure a maximum of 5 years from now the position of bitcoin will be replaced with ethereum or BNB, or other altcoins.
That's just his personal opinion, nothing else. i saw sometimes eth pump more than btc! But that was only for short time! For example, eth ath wasn’t enough if compare with btc ath. in the long run, it won't possible to pump eth and altcoins market without increasing btc! that also indicates btc dominance will have remain in future. so why should we consider this kind of statement as valuable?
Actually such a statement does not need to be considered valuable because in the past it was also like that where the pump on Bitcoin was very influential for all Altcoins including Ethereum even though the percentage looks bigger than Altcoins in terms of increase even though in value or price it is still bigger on Bitcoin even though it only increased by a few percent only. 
That's just his personal opinion, nothing else. i saw sometimes eth pump more than btc! But that was only for short time! For example, eth ath wasn’t enough if compare with btc ath. in the long run, it won't possible to pump eth and altcoins market without increasing btc! that also indicates btc dominance will have remain in future. so why should we consider this kind of statement as valuable?
A couple of ‘hot takes’. Ethereum will fight for a flippening against BTC and Dogecoin will move up huge in CMC and will be a top 3 coin around Jan - Feb next year.
Doge suicide stack ready!
Doge suicide stack ready!
Dump bitcoin is tantamount to killing other cryptocurrencies, I'm not very interested in ETH because of high gas costs and very expensive even though it's the same thing as BTC, but still can be better than ETH, I also don't believe in the old man's words so better well enough to see later when the crypto market is accepted in many countries
at the moment what I see is bitcoin still dominates the crypto market and I find it hard to believe ETH will replace Bitcoin in the future
when Ethereum price hype that is the time also when Gas increase suddenly very high so people nowadays are looking for another coins to use .at the moment what I see is bitcoin still dominates the crypto market and I find it hard to believe ETH will replace Bitcoin in the future
Which means this don't really affect Bitcoin as like me instead of using ethereum i would rather use Bitcoin as the congestion is lowering and the fee is also lowering.
this happens recently when ethereum Gas is almost as the same as Bitcoin fee.
Ethereum is a coin that has a high reputation, with many large projects the use of ethereum will continue to increase and no longer depend on bitcoin conditions, even though bitcoin dumps but ethereum can pump.
well if the gas fee don't improve in the future then ethereum will lose its compliance for sure.
Ethereum is a coin that has a high reputation, with many large projects the use of ethereum will continue to increase and no longer depend on bitcoin conditions, even though bitcoin dumps but ethereum can pump.
In the recent times, we have been witnessing that both of these cryptocurrencies are pumping. And this is really good for the investors of both sides. However, the transaction fees are increasing a lot also as the prices increase. This has been a big problem for investors for a long time. We don't want to pay enormous amount of fees for any kind of transactions. I hope that they can solve that problem in the future.
Now we clearly see just such a trend. The bitcoin price is at over $ 61,000, but the ethereum price has risen to $ 4,340. A little more and ethereum may surpass its previous price record. Apparently, this is due to the so far successful upgrade of the Ethereum network. After such an update, the price of this coin can grow exponentially and easily reach $ 10,000. Far-sighted participants in this market stock up on this coin in advance.
In the recent times, we have been witnessing that both of these cryptocurrencies are pumping. And this is really good for the investors of both sides. However, the transaction fees are increasing a lot also as the prices increase. This has been a big problem for investors for a long time. We don't want to pay enormous amount of fees for any kind of transactions. I hope that they can solve that problem in the future.
This year there was only one point in which the Ethereum price diverged from the Bitcoin price. I don't think anything like that will repeat itself for now. However, it is very likely that this could happen again at the time of the introduction of Ethereum 2.0
Ethereum 2.0 seems to be lapsing the popularity this has been expected for couple of years now yet nothing from the Dev bringing this into reality so I guess why need to be in Ethereum when Bitcoin is in the run always?Ethereum has just make its run recently but that does not change the thing that Bitcoin will always be on the top.
For the long-awaited ETH pump I think it is about to happen, at the moment the price of ETH is at 3700usd, which is not bad, although it is for the price of ETH to be around $ 4k- $ 4.5k, however at short-term behaviors are seen that can indicate many things:
The price of ETH promises a lot, if we build on previous behavior, we have seen that when BTC rises, ETH also rises more strongly, now not because of the fact that the bulls are buying on the dip and defending positions.
But is this enough to break Bitcoin once again? BTC is now going the top again with 2 thousand dollars away from breaking the ATH.Quote
If the price rebounds off the 20-day EMA with strength, it will suggest that traders continue to accumulate on dips. The buyers will then make one more attempt to clear the overhead hurdle at $4,027.88.
Source: https://cointelegraph.com/news/price-analysis-10-18-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uniThe price of ETH promises a lot, if we build on previous behavior, we have seen that when BTC rises, ETH also rises more strongly, now not because of the fact that the bulls are buying on the dip and defending positions.
so what can we expect here?
At a time when BTC reached $ 66k, ETH did not rise in the way everyone expected, as we expected a $ 5k- $ 6k minimum, however the highest of the peaks for ETH was $ 4120, this does not mean that they are selling, but the bulls may not have rushed to raise the price higher because they knew that BTC was going to go down quickly and in fact, it has been at $ 59k- $ 60k, which means that the correction has not been very large, this It implies that at any moment the ETH can rebound with the minimum rise of BTC, since they have controlled the bears in the dip.
Dump bitcoin is tantamount to killing other cryptocurrencies, I'm not very interested in ETH because of high gas costs and very expensive even though it's the same thing as BTC, but still can be better than ETH, I also don't believe in the old man's words so better well enough to see later when the crypto market is accepted in many countries
at the moment what I see is bitcoin still dominates the crypto market and I find it hard to believe ETH will replace Bitcoin in the future
at the moment what I see is bitcoin still dominates the crypto market and I find it hard to believe ETH will replace Bitcoin in the future
ETH pump is working fine today. It occurs when impulses on bitcoin break out of bullish extreme resistance areas. Altcoins have taken advantage of that, many people choose to sell bitcoin to pump ETH but I would be more patient before doing that only if Bitcoin goes through the 72k9 zone.
Eth is up when bitcoin is up too.But I don't think that people have sold bitcoin to buy Ethereum. It could be the other way around that people sold their ethereum to be with the bitcoin pump.
If there are people who have done that then both are still in good prices despite the healthy correction.
After Bitcoin had broken through at the price of 1 billion, currently the price of Bitcoin began to be mired. Altcoin prices have increased. It is likely that Etherium will experience an uptrend after the price of Bitcoin slips. The trading market began to be rame by investors who will net coins that are bearish, of course also Etherium.
I hope you are not sleeping when you say this.Since when did Bitcoin break through at the price of 1 billion? because what I see the highest price on Bitcoin is $65K and it hasn't reached 1 billion when viewed in terms of the rupiah currency value, and one more thing is that Altcoins very rarely increase when Bitcoin experiences an uptrend or decline, and what is seen at this time is not decline as Bitcoin price is still at $62,043
After Bitcoin had broken through at the price of 1 billion, currently the price of Bitcoin began to be mired. Altcoin prices have increased. It is likely that Etherium will experience an uptrend after the price of Bitcoin slips. The trading market began to be rame by investors who will net coins that are bearish, of course also Etherium.
ETH pump is working fine today. It occurs when impulses on bitcoin break out of bullish extreme resistance areas. Altcoins have taken advantage of that, many people choose to sell bitcoin to pump ETH but I would be more patient before doing that only if Bitcoin goes through the 72k9 zone.
Eth is up when bitcoin is up too.But I don't think that people have sold bitcoin to buy Ethereum. It could be the other way around that people sold their ethereum to be with the bitcoin pump.
If there are people who have done that then both are still in good prices despite the healthy correction.
ETH pump is working fine today. It occurs when impulses on bitcoin break out of bullish extreme resistance areas. Altcoins have taken advantage of that, many people choose to sell bitcoin to pump ETH but I would be more patient before doing that only if Bitcoin goes through the 72k9 zone.
early 2021 is a year that can be categorized as good for bitcoin and ethereum, but in the second half of 2021, it's true bitcoin is getting dumped and ethereum pump, I believe ETH can continue to soar in terms of price and volume, ETH can reach $5k by the end of the year this, at least that's what I and we all hope for.
I also expect the same thing, although on the other hand I don't like it a little bit if Bitcoin only increases alone without being accompanied by other Altcoins except Ethereum, because this month Ethereum also experienced almost the same increase as Bitcoin, even though only Bitcoin was able to print ATH is new, while others are not. Ethereum is the coin that has the most opportunity to beat bitcoin, the dominance of ethereum tokens in the market makes the value of ethereum continue to increase and it doesn't matter even though the market or bitcoin price is red, and this is a strong indication that the market is not dependent on bitcoin.
Not really, ethereum is never going to beat bitcoin, so far institutional investors have shown interest almost exclusively in bitcoin and it is not difficult to see why, bitcoin is not only the coin with the most volume, when we actually see what cryptocurrency people use to buy actual stuff we see that in the majority of the cases people pay with bitcoin, ethereum is mostly used to buy things that are part of their own ecosystem and that for the most part are just some form of investment. Jump to: