Ethereum haven't really moved.. - page 2.

trecore4

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

Due to its abundance on the blockchain there is not much we can do about the price of ether itself. It can be clearly seen that the supply is unlimited and there is always heavy emission of the ether and explains why it is not getting pumped when we raise 5 -50K of Ethereum for an ICO project. People are buiyng the ether really quickly and in greater amount possible but still things aint moving. Thats the effect of demand and supply, where though demand is large but the supply is even more than that.

init4money

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

What are you talking about? ETH is a young currency and it has already made several things that Bitcoin can't do.

It runs so many transactions as do all the cryptos altogether including bitcoin.

it's price increased enormously - since I bought it when it was $11, it increased 34 times and it is only the very beginning.

Zendalet

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Look at that! 6% added to the dollar value of Ethereum in a day. You don't see that often with Ethereum.

tansoft64

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Quote from: crypto-curious on November 19, 2017, 09:30:10 PM

Growth is slow but it is indeed steady. Ethereum has grown so much the past year! And will only grow more over time IMO.

Yes that's true! it has rapidly growth in the past month and it is in steady mode now compare to bitcoin but eth is also a potential that can maybe become the top crypto in the future. Most of ICOs now is using eth for their smart contracts.

crypto-curious

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Growth is slow but it is indeed steady. Ethereum has grown so much the past year! And will only grow more over time IMO.

texasman86

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ETH is a sleeping giant... the retail investor is really into BTC right now but ETH will go up soon once more retail products and futures are added.

illinest

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

Markets move in cycles. You could have said the opposite thing back in March of this year. In March, Bitcoin was reeling from a test of the previous all-time highs, combined with bad news about the ETF rejection. During BTC's ~30% correction at that time, the price of ETH rose 400%.

My general feeling is that news catalyzes price movement, but it doesn't dictate it. There was natural supply/resistance in the $1200s for BTC, and bears capitalized on the bad news to dump the market.

There is not currently much news to catalyze a price movement in ETH. However, the market has been consolidating bullishly for many months now. Sideways, with higher lows, coming off a major rally. I suspect that when the spotlight leaves BTC that some of that hype will move back to ETH.

mikyadel

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there's no news for ETH and BTC is all people focusing right now as new forks come

engrshu

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Quote from: nsasuiteb on November 17, 2017, 03:12:44 PM

Nah, ethereum 10 to 300 while bitcoin 1000 to 8000. What are you talking about? Bitcoin is just late to pump party. Ethereum is stable

Maybe the op means the instance where btc has increased from $6k to $8k but Eth is still stable at $300.

Quote from: wpalczynski on November 19, 2017, 02:57:57 PM

It's still going up, it's been tough for all altcoins recently but it's recovering fast !

Gonna agree with this. Just hold on to your alts, especially to eth. Hoping that eth will rise to $400 before 2017 ends.

Capt00

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

Ethereum is less volatility compared to bitcoin that's why their price is still sticking $300+. But we've never experience of dumping it to much compared to other altcoins or even with btc.

Usuadog

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

Ethereum is getting dumped then pumped a bunch because of the people that were hoping for the Segwit situation to get them more money. These two months will be crucial.

wpalczynski

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It's still going up, it's been tough for all altcoins recently but it's recovering fast !

swaptaker

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

It's moving today and it reached $370 today. I think ethereum can start another rise after the new year. Very similar to the pattern he made in 2017. If it does, the price will become around $600 I think.

Flickkk

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Ethereum is Slowly going up.
it just played at the price 299$ - 318$
and now it is 331$. that is a great Progress for Ethereum .

sukoyomi

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In my experience, ethereum and altcoin always weaken as bitcoin prices rise. I myself also do not really understand what makes altcoin weakened. but in my view, because everyone is very interested in bitcoin when high prices and altcoin enthusiasts are declining.

Rooster101

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Ethereum rose significantly this year and many are still bullish for its next year's growth. Some forecast that ethereum price will hit $500 at the beginning of 2018 and will continue to grow onward. If this happen, ethereum will be one of the most promising cryptocurrencies after bitcoin, despite being overtaken by bitcoin cash.

X7

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More tokens in circulation - ICOs have left a stale taste in peoples mouths - all those greedy money grabs - side ways movement.. it has also moved... a LOT this year.. have some perspective

Kolokoy

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Ethereum is a good cryptocurrency but it's value is laying flat for a long time with some various reasons. Two weeks ago Bitcoin Cash was suddenly pumped hard and almost reach halfway with Bitcoin's price but people were complaining and tagged Bitcoin Cash a bubble and fake pump. This is what will happen if one day Ethereum will pump hard as Bitcoin Cash do because if there's a rising in value of an Altcoin - Bitcoin at the same time maybe affected and possibly Bitcoin's price will drop down like what happened in Bitcoin Cash event.
That's why to continue rise of Bitcoin's price will Altcoins sacrifice.

imstillthebest

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Quote from: yslyv on November 18, 2017, 12:32:12 PM

Reason is so clear. People do not buy ethereum Grin

Before we had to buy ethereum to invest in icos. But nowadays even an ico has an ethereum based token to sell, they accept many other payment methods, so we dont need to buy ethereum to join icos.

lol, why not? most people are still buying etherium more than bitcoin because etherium is a hell cheap and it is also good for longer terms of investment and trading but mostly it doesnt cost too much when sending transactions plus it is mainly used when sending altcoin and token to an online exchange. ico has an etherium based token or erc20 token but that dooesnt mean you dont need eth to sell or exchange them.

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Quote from: highperspective on November 17, 2017, 02:16:18 PM

Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?

Ethereum is the best of altcoins,it made a huge bump in price from start of the year 2017 after the bump the eth price also wavy but in recent times the eth manages stable in it price,so maybe a chance for another price bump in the next year.So don't sell your ETH it has great potential as bitcoin do.

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