Topic: Can Ethereum survive below 0.02 BTC per coin? - page 7. (Read 3607 times)
Have to agree that eth btc pair is under pressure which is not a good thing for eth accumulators but in the end i think eth is going to explode next year both in btc and usd pair, so i will still suggest my friends not to panic and hodl, patience will definitely pay off if you are holding eth.
I can't foresee any reason why ETH can't survive at these price valuations, or even quite a bit lower. It's not like a low price makes ETH unusable.
The real question is if the bank accounts of those invested in ETH can survive. That is to be determined.
The way the market has been going, logically you'd think ETH (and most alts) will simply decrease in price (against BTC) as BTC rises, at least until BTC hits its previous ATH (or halving). Of course since this is crypto, who knows, perhaps the complete opposite will occur.
The real question is if the bank accounts of those invested in ETH can survive. That is to be determined.
The way the market has been going, logically you'd think ETH (and most alts) will simply decrease in price (against BTC) as BTC rises, at least until BTC hits its previous ATH (or halving). Of course since this is crypto, who knows, perhaps the complete opposite will occur.
Well this is crypto, and one thing for sure is uncertainty, What you least expect to happen could happen,so it is possible it could survive below 0.02 BTC
As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
Today, ethereum prices broke below 0.019 btc and may continue to decline. Price declines occur in almost all altcoins and this is due to the dominance and strengthening of prices in the market. I think the good price of altcoin will still recover because the market is impossible to depend only on bitcoin
I don't see Eth moving up sooner, with the way Bitcoin keeps pumping, is likely eth market keeps coming down because there are alot willing to sell off their Eth and buy more btc. So with this it is only when the btc pump is over then Eth can start coming up.
Yes, as I bought ETH when it was 0.01 BTC (when the price was actually $10) and that time I had no hope of it ever increasing. Now it's still 0.0189 BTC which is approx $250 and it has been the same since months. IEOs promote the exchange rather than have any impact on ETH prices. EEA as well has appointed Ethereum's ED and this may also be beneficial for helping the price movements but I am happy that it's stable with USD rather than BTC.
ETH has several issues to address before it reaches BTC level like scalability issues which Ethereum 2.0 launching in 2020 will solve. I feel we still have time till then to see how ETH develops.
ETH has several issues to address before it reaches BTC level like scalability issues which Ethereum 2.0 launching in 2020 will solve. I feel we still have time till then to see how ETH develops.
eth prices reaching 0.02btc might be possible and now this might be one of the potential things. so I think ethereum can fly high and just need the right time. so I think this is a good thing for the beginning of the rise in ethereum
Honestly, the sale off is damaging. bitcoin dominance is not good for altcoins. over the space of three months past. we have seen traders dumping altcoins in exchange of bitcoins creating more damage to altcoins. i doubt if there will ever be an altcoin season again with the way bitcoin is dominating the market.
Now all altcoins are getting cheaper and this is quite normal, given the growth of Bitcoin domination. But this is not a reason to worry about Ethereum, because it is a full-fledged project with its own history, team and community. Ethereum is too good to just die, especially in the next year after the transition of Ethereum to PoS, a big increase in its price can be expected.
Ethereum price now is below 0.02 BTC per coin.
But it will definitely survive this down fall. soon the market will rise again and the price will be good.
Just get more ETH for now and you will be happy later.
But it will definitely survive this down fall. soon the market will rise again and the price will be good.
Just get more ETH for now and you will be happy later.
Not so sure we can blame Ethereum directly for the decline in the altcoin market. More likely it was the decline of ICOs, the failure of so many new coin projects, scam icos and now regulatory issues that sort of stalled ETH progress. But even so, you'd then think one of the ETH competitors (EOS, ADA, NEO, etc) would have simply taken up the slack.
It's also possible a group of big whales are just manipulating the entire alt market, and none of the above really matters. Who knows...
I do agree that there is no saying where the ETH bottom is. Right now the entire alt market seems in freefall -- it makes it close to impossible to trade at all. Any coin that makes a movement up, seems to collapse a couple of days later.
It's also possible a group of big whales are just manipulating the entire alt market, and none of the above really matters. Who knows...
I do agree that there is no saying where the ETH bottom is. Right now the entire alt market seems in freefall -- it makes it close to impossible to trade at all. Any coin that makes a movement up, seems to collapse a couple of days later.
Maybe you are right. It may not be right to blame Ethereum for the recent altcoin freefall. Like you said, I would rather place the blame on the ICOs, as well as on some of the second tier altcoins, where development has taken a back seat. One thing is pretty clear by now. There is no going back and altcoins will continue to lose ground for quite some time.
Now coming back to Ethereum, let's not forget the fact that Ethereum continues to remain as the no.2 cryptocurrency and the top-ranking altcoin ever since 2015 (both in terms of acceptability and market capitalization). So if the altcoin market is bleeding, I don't think that we can confidently say that the role of ETH in this can be ignored.
As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
The price of Ethereum depends primarily on the desire of investors to invest in this coin. And the more new projects will appear on the Ethereum network, the more they will buy ETN to invest in new projects. Therefore, we should rejoice at the appearance on the Ethereum blockchain of every good new project.
Ethereum go under 0.02BTC and still a strong one to depend.
This is the right time to get more ETH in the market and wait for the rise.
BTC goes up while ETH went down, this is normal and we know what to do on this situation.
This is the right time to get more ETH in the market and wait for the rise.
BTC goes up while ETH went down, this is normal and we know what to do on this situation.
Very unfortunate for etherium as it couldn't withstand the 0.02btc support, we may not like be having it good anymore for etherium this year as achieving the so much anticipated all time high is a far cry
The market is gradually recovering, the volume of cryptocurrency capitalization is growing. By the end of 2019, the Ethereum exchange rate may reach $ 500. At Ethereum is worth investing in the for the long term. He will show its capabilities in the future. From the current value, you can make x2 and x3 per year.
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I think so.
Bitcoin has the power to grow and big investors know it. They are slowly moving their capital from altcoins to Bitcoin. But after Bitcoin hits ATH, they will move back into altcoins to get more Bitcoins
.
Bitcoin has the power to grow and big investors know it. They are slowly moving their capital from altcoins to Bitcoin. But after Bitcoin hits ATH, they will move back into altcoins to get more Bitcoins
. 
ETH will be best of altcoins such as old. Since ICO projects were unbelievable and of course Since ICOs died, price of ETH was getting beside down. But everything is possible and that means it can be without jam tomorrow. Secondly reason, most people respect BTC instead of trading on other altcoins. Altcoins are only on the second plan for them, more than that, ETH prices has never been above 300$, it is absolutely frightful. He has been 200-300$, that means the price of ETH always has been something so around 0.1 BTC. ETH will make something about it change the situation. Friendly speaking, everything comes not to stay, only pass, that means everything is transient in the crypto industry.
Dont worry too much about ETH. ETH will always survive. As you know ETH is going to change from POW to POS in the near future. which means people is going to buy a lot of ETH.
An upgrade is expected to happen after New Year, ETH 2.0 can bring so many positive things for all Ethereum supporters! Now when the price is fluctuating the best thing we can do is to buy the dip whenever we can. People are waiting to buy, but that`s a mistake, stack some ETH in this dip, when it starts to rise it will be late for making a good profit.
Staking Ethereum will be very interesting, many people hold ETH and we are waiting for this moment to come. Mining is too expensive, with staking Ethereum will make huge progress, many people looking forward to that.
As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
The price of Ethereum depends primarily on the desire of investors to invest in this coin. And the more new projects will appear on the Ethereum network, the more they will buy ETN to invest in new projects. Therefore, we should rejoice at the appearance on the Ethereum blockchain of every good new project.
Bitcoin dominance continues to grow, so it is possible that the price of most altcoins in BTC will continue to fall and I won’t be surprised if the price of ETH drops below 0.02 BTC. But this will not kill Ethereum and other altcoins, they will continue to exist, just their price in relation to Bitcoin will be lower than today, so I see no reason to worry about the future existence of Ethereum.
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