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Topic: ETH owns the key - page 3. (Read 845 times)

jr. member
Activity: 322
Merit: 1
June 14, 2019, 12:12:17 PM
#51
The fact that many altcoins use the Erc20 platform is indisputable, but the fact now that through the movement of ETH prices does not affect the price of Altcoin using Erc20 as their platform, many altcoins don't use ETH as a price benchmark, altcoin prices move at this time, If you want to invest so that the price of Altcoin is taken at the price of ETH, then invest coins that move with ETH.
full member
Activity: 504
Merit: 100
June 14, 2019, 10:40:53 AM
#50
yes that is right, ETH is the point of erc20 token.
altcoin with blockchain erc20 is almost all get drop and die and become scam project becuase ETH now in under price.
before ETH hit 1000$ and all erc20 token looking good to invest but now with rate ETH just 255$ how token erc20 can survive.
member
Activity: 686
Merit: 11
June 14, 2019, 09:27:00 AM
#49
such a naive thing to say.

you seem to have forgotten that the only reason why ETH went that high in 2017 was because of the massive ICO hype that was going on. basically there were hundreds of new ICOs every month and in order for people to participate in them they were forced to buy ether which is why its price went up in first place.

today the ICO hype is dead and also the remaining small hype under different names (like IEO) is owned by other platforms and exchanges like Binance hat is forcing people to buy THEIR token to participate in them.
so there is no more reason for people to buy ether as much as they did in 2017 so there won't be any pump near as big as that one either.

on top of all that, a centralized coin like ethereum with lots of issues that has been pumped and dumped a lot of times is nearing its end of line because every coin like this has a certain cap for the number of times it can get pumped and when it reaches that cap, it becomes increasingly hard to pump it. and ethereum is near that cap.
Yes, the ethereum has lost the main source of pumping. But they continue to work on expanding their coin. In addition, it is worth remembering that technically ether is slightly better than Bitcoin (transaction price, speed), and the infrastructure is already mature. So ethereum will still live.

Oh, I think that the number of pumping for different assets is different. How much for ETH?
jr. member
Activity: 1806
Merit: 2
June 14, 2019, 09:11:36 AM
#48
As you can see ETH is growing with BTC and if BTC price will rise than also ETH price will rise so ETH can reach the price of $300 in June.
member
Activity: 784
Merit: 21
June 14, 2019, 09:06:04 AM
#47
such a naive thing to say.

you seem to have forgotten that the only reason why ETH went that high in 2017 was because of the massive ICO hype that was going on. basically there were hundreds of new ICOs every month and in order for people to participate in them they were forced to buy ether which is why its price went up in first place.

today the ICO hype is dead and also the remaining small hype under different names (like IEO) is owned by other platforms and exchanges like Binance hat is forcing people to buy THEIR token to participate in them.
so there is no more reason for people to buy ether as much as they did in 2017 so there won't be any pump near as big as that one either.

on top of all that, a centralized coin like ethereum with lots of issues that has been pumped and dumped a lot of times is nearing its end of line because every coin like this has a certain cap for the number of times it can get pumped and when it reaches that cap, it becomes increasingly hard to pump it. and ethereum is near that cap.
Sounds like the next bullrun will not be from the HYPE like the last bullrun of 2017 so what do you think will bring back the surge on price for crypto world entirely? Cos I don't think IEO will be capable like ICO to bring surging to crypto market
jr. member
Activity: 1050
Merit: 1
June 14, 2019, 08:42:09 AM
#46
Just like bitcoin is having a huge influence on the market as a whole, I think ETH should be leading the same thread on other alternative coins. However, this is not so happening because there are other similar blockchain competing with ETH in the ecosystem. Unlike in late 2017/early 2018 when ETH has no prominent competitions. Still a surge in ETH price will likely favour some altcoins, but not all.
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
June 14, 2019, 03:36:19 AM
#45
Ethereum doesn't really hold the "keys" but just opens the door for you on the first one, after that you open the doors yourself, it is just that first unlocking that they do.

I think the risks involved in this are far below the opportunities it creates, they are really trying to help the whole crypto community to build a whole new thing with their erc20 and all other methods so it could be done by everyone, making things easier so that not only the big players can have a piece of the pie but everyone could have it.
hero member
Activity: 888
Merit: 500
June 13, 2019, 06:14:03 PM
#44
In my opinion, if Erc20 is still used by all crypto users, maybe the ETH price will be successful again.  With the rise in ETH prices, it has a profound effect on the altcoin and for now, ETH prices are stable enough to survive when the market is bleeding.  This certainly can be the right moment to invest ETH as our asset, and of course just waiting for the time when ETH prices rise.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
June 13, 2019, 06:00:07 PM
#43
Cryptocurrency support Ethereum blockchain one way that could be right. Need some time to pump Bitcoin then altcoins could be pump in cryptocurrency.

That's the truth but there's still much time for us to wait and see the performance of this coin. Ethereum owns the key becasue most of these tokens are built on Ethereum ERC20 even though there's ongoing IEOs. Let hope that when the bull run come back, the entire altcoins will surge along side with Bitcoin. Ethereum still look promising....
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 13, 2019, 05:46:30 PM
#42
For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
The endless correlation between dominant coins and altcoins is not secret anymore to experienced investors. It is known fact that ETH price dictates whole Erc20 token market and price is totally depends on the movement of Ethereum. After the bull run of ETH price we can welcome back the altcoin season again.
Ucy
sr. member
Activity: 2576
Merit: 401
June 13, 2019, 05:14:36 PM
#41
Those Ethereum tokens are probably dependent on Bitcoin price than Ethereum.  If Bitcoin goes down and ethereum price is stable, most tokens will likely go down too.

 Most do not deserve to "surge" by the way,.  Hope it remains that way.
full member
Activity: 579
Merit: 102
June 13, 2019, 05:05:07 PM
#40
I do not agree with you as the market as a whole is gradually going up and the tokens are gradually growing, and if we speak for ETH, then this token has a very big growth prospect in the near future.
sr. member
Activity: 994
Merit: 250
June 13, 2019, 01:26:08 PM
#39
As for me it is temporary. Do not underestimate the eftrium and the cryptocurrency market in general. I believe that there will soon be a rise in cryptocurrency in general. You only need to wait
full member
Activity: 728
Merit: 131
June 13, 2019, 01:07:56 PM
#38
THIS is not a cool way to say.
most alt coins are in their exchange which ETH is not related and mostly at BTC.
this will refer to USD price and its satoshis companion..
ETH will have no against but at ICO nor IEO
sr. member
Activity: 1092
Merit: 256
June 13, 2019, 01:05:19 PM
#37
For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
it all depends on the market, eth is the parent of all existing altcoins so don't hesitate with eth just waiting for time to recover
legendary
Activity: 1176
Merit: 1000
June 13, 2019, 12:56:54 PM
#36
For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
Even ETH depends on the bitcoin for to be bullish so we need bitcoin to be adopted more for all the cryptos prices to e increases.

But actually each coin price depends on their own demand so these are indirectional influences only.
member
Activity: 308
Merit: 10
June 13, 2019, 12:53:59 PM
#35
i think that you words is right, we can see how ETH is sharp decrease before it hit over than 1000$ and now in 250$.
that is aproved why almost of all erc20 token is become shitcoin for now.
but if we hold it until eth go to the moon again, i think that shitcoin can be grow like ETH too.
sr. member
Activity: 1092
Merit: 284
June 13, 2019, 12:51:23 PM
#34
Yes. For ERC20 tokens it really depends on the price of ETH, even though their exchange is not in ETH. Maybe there are already many who use the Ethereum platform, or smartcontract ETH, but only 2 tokens above the ETH price, namely ThoreCoin and Maker. So, if you want the price of the ERC20 Token to rise, please waiting for Ethereum to up.

Although ThoreCoin and Maker is priced above ETH but with the highest ETH volume with larger transactions per day, this is that ETH is able to top it up again by waiting for the right time.
sr. member
Activity: 1524
Merit: 270
June 13, 2019, 12:39:36 PM
#33
Yes. For ERC20 tokens it really depends on the price of ETH, even though their exchange is not in ETH. Maybe there are already many who use the Ethereum platform, or smartcontract ETH, but only 2 tokens above the ETH price, namely ThoreCoin and Maker. So, if you want the price of the ERC20 Token to rise, please waiting for Ethereum to up.
member
Activity: 248
Merit: 11
June 13, 2019, 12:17:41 PM
#32
great, i agree with that.
we just have to look a main of them all altcoin with erc20 blockchain.
if you invest in erc20 token, don't you ever expecting it too much because ETH is under price now.
this is the question of all erc20 shitcoin.
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