ETH Value??? - page 7. | Bitcointalksearch.org

jostorres

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

Most of the prominent IEO that I have seen are not built on Ethereum blockchain but built on the blockchain of their hosts , most of the other Ieo you see that are on Ethereum chain are not different from ico because they are being conducted by exchanges that do not do their due diligence to ensure that the project is of a good quality and most of these projects are found on exchange like Yobit and these project are just used as pump and dump coin.

The best way for Ethereum to get a quality project and make the crowd funding system fun again is when they too start to get involved in IEO by creating a platform that will also be less decentralized and would be able to verify projects first before they accept too lunch them.

Bagani

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

Yes there are still projects that run their project in ethereum network and they are all required gas to transfer but the demand for the coin is not that huge compared to the ICO era back in 2017. And we can also say that the total supply of ethereum is unlimited thats why the price keeps on droping in value compared way back.

janggernaut

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Quote from: NeuroticFish on September 20, 2019, 06:33:50 AM

ETH had its sloppy updates and odd decisions lately all over the news.
ICOs are almost all worthless.
Altcoin market is all down.

Of course ETH is down.

2 days ago almost all of altcoin started going up. ETH went from $180 to $213 right now, even XLM was rose up to 30% since a week ago.
Once IEO ended, it will be trading in exchange sites where you can bought it during their promotion. Even though like that, ETH still at 2nd place as the biggest altcoin volume

NeuroticFish

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ETH had its sloppy updates and odd decisions lately all over the news.
ICOs are almost all worthless.
Altcoin market is all down.

Of course ETH is down.

xenomorphe1

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No, IEO doesn't need ETH as people need the coin from the exchange. And ICO is no more popular. Price of ETH is only speculation. Only traders can make its price increase or decrease.

Jating

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

It's because we are still in the bearish trend as far as altcoin goes.

So it doesn't matter if ICO/IEO/STO are built on top of the Ethereum network, there are less investors. Also there's also competition out there and other new projects are using other mainnet.

And if ever the project is successful, what follow is a huge market dump adding to the effect of Ethereum still losing so much value and way it's previous all-time-highs. If you mean suppressed = price manipulation, what do you expect from a market that is wide open and free, of course that variable come into the picture as well.

slaman29

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

Just because people demand to pay in ETH doesn't mean anything for ETH. Some would argue the value is correct. If ETH didn't have all those txs overload and didn't have all the ICOs asking for erc20 tokens and all that gas needed to make txs run, there wouldn't be any price at all for ETH.

It's just needing time now to grow. Overcome all the 2.0 hurdles. Then it'll be fine.

Cnut237

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Prices are based more on an expectation of what the coin will be worth in the future once it reaches its full potential. Same for every coin. ETH has potential far beyond merely being an ICO platform.

Yes ETH does look low in BTC terms. I think this is a consequence of low market confidence. Once we see confidence improve - and we are starting to see signs now - then ETH and other good alts should rise vs BTC.

pieppiep

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

I think the ETH price has down is because bitcoin price adjusts the price before the bitcoin price can increase back. And not just ETH, but it happens too with the other coins. You don't have to worry to see the price now is at a low price because when the right time comes, you will see ETH price will rise again. You already saw what happen in a few days ago which ETH price can jump to the higher price and break $200.

So I think we will see another high price from ETH and that will happen soon. When the market back to the high price, ETH and other coins will increase, and of course, bitcoin price will increase too. Just be patient to wait for it's coming meanwhile, you can prepare to buy more ETH if you want.

Hallmader

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

What you are saying is true. And those are the very reasons why Ethereum is always ranked next to Bitcoin. If I am not mistaken, the Ethereum Blockchain is the most utilized blockchain. The price of ETH is not suppressed. It is a fact that Bitcoin is still the most sought after coin by investors. Ethereum only comes second. But that second spot has been held by Ethereum for the longest time. That reflects how investors are prioritizing altcoins.

perla

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

I think although they use Ethereum chain, i think the use of it only for gas. And it is not take a lot of ethereum except if it is do mass transaction, and 1-2 ETH actually already cover it. Maybe system that i know only that, because i don't really know how system on a tokens work. Only know if ETH is used as gas or fee to make a transaction.

didzi

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

maybe you don't understand how the market work my friend
because the value of ethereum is depends with the power of sellers and buyers
but, as you can see now, the buyers started to control the market, and ethereum now growing in good movements
just be patient buddy Wink

Daddeus65

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Quote from: WalkerIVIV on September 19, 2019, 09:16:46 PM

it's still low compared with actual value consider about with the increase of the circulating supply of ethereum and the demands are getting decrease a lot. Majority of the new platforms have been using ethereum as the parent platform and that's correct. They require gas but it's not so much but remembers those icos will be dumping their ether to the market again to get the money. It's quite safe.
It looks like you just understand how the platform works a little bit.

This helped a lot.

So the gas is ending back up in the market, so the supply is ever increasing. Is there a total amount of ETH that can be created?

So essentially if I have this correct, the way the ETH price goes up is when the tokens on top of the ETH platform are being utilized so heavily that the demand is high, while the supply appears low. However wouldn't that mean that the platform would be getting bogged down with transactions creating a freeze? Which would then drop the demand severely since the platform won't be functioning properly. Thus keeping price low.

Bagaji

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In my opinion, ethereum market value is low mainly because many people are now using Bitcoin directly in all there crypto currency transaction because even Bitcoin transaction fee is now low as compared to when bitcoin transaction fee was high in 2017 and that of ethereum transaction fee was low. I believe this was why many people were converting Bitcoin to ethereum for there crypto currency transaction as at then in the 2017 that led to the increase in the value of ethereum.

WalkerIVIV

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it's still low compared with actual value consider about with the increase of the circulating supply of ethereum and the demands are getting decrease a lot. Majority of the new platforms have been using ethereum as the parent platform and that's correct. They require gas but it's not so much but remembers those icos will be dumping their ether to the market again to get the money. It's quite safe.
It looks like you just understand how the platform works a little bit.

sunsilk

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Calculating the total market cap and its supply limit, the price is normal at tonight's rate. Most of the IEOS and STOS now weren't sure that has been built on ethereum's smart contract. Gone are the days for that benefit of Ethereum.

Recalling that moment was early of 2018 and ending of 2017. The price now is on normal movement so don't think that there's something that is wrong with the price of it and it's a plus that the market has gone through bear market.

Mahanton

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Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Does anyone have any logical reasons why ETH price is still so low compared to its actual value?

No one knows yet the market will always have the final verdict on how it moves and not only ETH is mainly being affected
but also with BTC and all alts in the market.So no one would able to answer this out.

Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network?

Not at all.We already seeing some platforms being used or do have their own blockchain.
Talking about gas- it isnt really that big for such considered factor to look on

Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

They require buying gas to run right?

Yes, but not much.

Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Wouldn't that create demand, and result in an increasing price for ETH?

Gas are way too small and i cant see a reason for it to increase prices and come to think that most erc20
tokens at the moment are already shit coins.

Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Is it safe to say it's being price suppressed?

We cant say that yet all of coins in the market now is experiencing that price decline.

Quote from: Daddeus65 on September 19, 2019, 01:51:28 PM

Or do I not understand how the platform works?

Even you do understand- You cant point out on the actual reason why the price had not risen yet.

Daddeus65

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Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?

Topic: ETH Value??? - page 7. (Read 896 times)