Eth below 0.018btc - page 3. | Bitcointalksearch.org

hongus

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Quote from: Rehmanchoudhary5 on August 09, 2019, 11:00:16 PM

I'm continously watching eth market it's going down and down even if btc is some stable near 12k, is it probably due to high dominance of btc over market, touched ATH dominance almost 70%, means all buyers willing for btc not alts that's the reason of alts bleeding, I'm thinking to hold my eth for now because i hope it'll back again. Not sure about other alts.

I think this slowdown is due to the cryptocurrency policies of large countries. USA - Russia everyone wants to make a profit from cryptocurrency, and here they are trying to introduce new laws. It seems to me that this reason is currently hampering the real growth of cryptocurrency.

#Darren

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This is horrific, BTC dominance is too high and unfortunately it harms all other altcoins. I just looked and ETH is traded around 0.017 BTC and generally I cannot remember when it has shown such low price in comparison with BTC.

zzortyx

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Ethereum price has dropped significantly since the beginning of the year. In the spring it was 0.025-0.03. This suggests that the dominance of Bitcoin is growing.

corrado25

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Yes. But this situation is observed in all coins. All coins fall in BTC. Although I think that ETH will show itself. I think ETH will seriously show itself. For example, I do not worry about him. I know there are large wallets that store large amounts of ETH

alt-fire

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For sure - holding ETH is a good decision. Now the price is to low. I think that Ethereum can reach price 0.1 BTC per 1 ETH easey. So now is good time to buy Eth cheap and hold it till good times. Hope that this good times we will see soon.

yazher

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I cannot take the risk at this moment at all because the price of the ETH is not moving up. thankfully I didn't invest in ETH if I made a wrong decision I may know having a mental illness with this kind of price movement. As we can see unlike the case of the BTC the price is holding strong on almost 12,000$ if only this was the case of ETH.

Lantind

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Quote from: Kimonoe on August 10, 2019, 02:14:54 AM

like me, I still hold Ethereum today. I am sure the future of Altcoin will come. moreover ethereum is of course the first altcoin to start the pump than other altcoins. only bitcoin is currently stable, but all altcoins average have decreased

Ethereum coins are obviously good coins, but they are not always pumped in the market, and other altcoins are also not all pumped up when ethereum is pumped, and if for bitcoin now it does look stable, it's just not entirely due to price differences between markets.

Kimonoe

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like me, I still hold Ethereum today. I am sure the future of Altcoin will come. moreover ethereum is of course the first altcoin to start the pump than other altcoins. only bitcoin is currently stable, but all altcoins average have decreased

Byakuga

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Quote from: Rehmanchoudhary5 on August 09, 2019, 11:00:16 PM

I'm continously watching eth market it's going down and down even if btc is some stable near 12k, is it probably due to high dominance of btc over market, touched ATH dominance almost 70%, means all buyers willing for btc not alts that's the reason of alts bleeding, I'm thinking to hold my eth for now because i hope it'll back again. Not sure about other alts.

Presently ETH is trading at 211$ which is very bad even when bitcoin is at 11800$,i think this is happening because many investors are moving over to bitcoin investment,its very hard to know if ETH will fall further so i dont know if this is a good time to invest in ETH

sksaddam

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Bitcoin dominance increase day by day, that's time dominance rating high 71.2% so BTC-ETH Pair e bottom price of the ETH.It is good time to buy eth.

meanwords

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It's hard too look at ETH this time around. Bitcoin is soaring high right now and converting to it while it still hasn't reach its all-time high is a good move. I think that's the reason why ETH and most altcoins right now are bleeding. It's difficult to tell whether when will altcoin follow Bitcoin's trend but only time will tell. Investing in it while it is still in dip is also a good idea in my opinion.

rijaljun

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Quote from: Rehmanchoudhary5 on August 09, 2019, 11:00:16 PM

I'm continously watching eth market it's going down and down even if btc is some stable near 12k, is it probably due to high dominance of btc over market, touched ATH dominance almost 70%, means all buyers willing for btc not alts that's the reason of alts bleeding, I'm thinking to hold my eth for now because i hope it'll back again. Not sure about other alts.

People start doubting about ethereum, including me. I think that ethereum needs an upgrade so it can jump back to its best performance. For now probably everyone is busy for heading bitcoin halving. So let's just wait until then and see what we could do for ethereum.

Kemarit

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Name   Ethereum
Symbol   ETH
Rank   #2
Ethereum price   $211.74
Market Cap   $22,715,177,924
Trading Volume   $8,033,279,263
24h Low / 24h High   $207.58 / $219.27
All time high
All time high   $1,448.18
All time high date   2018-01-13 (one year ago)
Since all time high   -85.38 %

Source: (https://athcoinindex.com/coin/ethereum)

So more than a year after hitting it's all-time-high, ETH is still way down, while BTC is just 40% of it's ATH. I guess it will take more time for ETH to even reach $500 this year. It's a combination of factors and we can't just pinpoint one reason why the price seems to be tanking at this point.

Probably it has something to do with Bitcoin's price really taking the market and altcoin investors are shifting their funds on it. I'm not giving any financial advise though, it's really up to you to HODL your Ethereum and hope that the price could go back in the future.

Rehmanchoudhary5

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I'm continously watching eth market it's going down and down even if btc is some stable near 12k, is it probably due to high dominance of btc over market, touched ATH dominance almost 70%, means all buyers willing for btc not alts that's the reason of alts bleeding, I'm thinking to hold my eth for now because i hope it'll back again. Not sure about other alts.

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