First, bitcoin uptrend is somehow affecting ethereum and other alts from progressing. It is halting the grow of alts because investors cannot turn away from lucrative profit from bitcoin surge.
Another is that ethereum may have lost some of investors confidence because of the bugs that is showing up and the recent incident with the parity code. I think ethereum may need to look into those serious things before it can move forward again.
Topic: Ethereum haven't really moved.. - page 4. (Read 829 times)
Ethereum price has moved from 8$ to 300$ in less than a year while BTC price has moved from around $1000 to $8000. I think Ethereum has since more gain then btc this year.
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?
Right now ethereum and other coins are out of investors interest because all of them are busy trying to figure out where bitcoin price is heading towards. People are just selling off their alts including ethereum to buy bitcoin and ride the current bitcoin wave. When hype over bitcoin will be over than people will start to buy ethereum and other altcoins, Just hold your alts tightly.
Yes, the observation is right but since the beginning of this week Ethereum has been rising and has made a new high for the past one month. Ethereum is about $331. I think Ether is on its way up.
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 will need some time before there is some more space for Ethereum. The most people are just looking at Bitcoin and they are scared to buy something else!
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?
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