Ethereum signaling the next bull run for other cryptocurrencies - page 2.

carlisle1

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Quote from: Kasabus on September 08, 2021, 01:10:57 AM

As far as i'm concern, i know i'm optimistic having bitcoin and ethereum to become bullish before this year ends. The last quarter of the year are mostly the time when bullish season starts like we had in the previous years so maybe this is the reason that we are already entering the bullish season and it will be possible with bitcoin reaches its all time high soon.

We are now in the second week of this last quarter and seems that the market falls back.

To those who start their investment during the pump are now losing some decent portions of their investment,
Better to hold if you don't have any stop and loss set up. Panic will lead you to lose more.

We don't know though if this is just another good correction before another bull run to hit the market and start running stronger.
More on speculations and hoping for the best outcome with our investment.

cafucafucafu

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I don't think that Eth is necessarily a going to be a catalyst for other coins' growth in the future.

Most of the hype that is surrounding ETH right now is sort of limited to ETH's infrastructure itself and does not extend to other altcoins. E.g. ETH2.0 and upcoming staking rewards.

Whilst the price movements of ETH and most other alts are certainly correlated in some ways, it is by no means a causal relationship.

RILWAN

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The ethereum market always follows the Bitcoin trend. Once the bitcoin market took action, all other coins will follow the same trend. Ethereum can not survive the market. Alone, it relies heavily on the Bitcoin market. But again, ethereum is a front-line coin in the altcoin market. It has to serve as the blockchain that houses most of the altcoins, so it has a good market price.

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Quote from: imstillthebest on September 08, 2021, 12:32:43 AM

if most of the coins are in bullish then yes the bull run has started but that all became possible because of btc and not because of eth .
eth can be like every other coin that follows the path of btc.
let us hope that this time the bull run can be more longer so that the anticipated prices for cryptos especially in btc will now be reached .

I think its already a trend that once bitcoin reaches its new ATH, ethereum will also be expecting a bullish price, if not aleast its in a good price. And definitely if ethereum will stay in its bullish price, most of the altcoins will also be affected making their value too are seen to increase. And with that, a new altcoins season might definitely arise.

As far as i'm concern, i know i'm optimistic having bitcoin and ethereum to become bullish before this year ends. The last quarter of the year are mostly the time when bullish season starts like we had in the previous years so maybe this is the reason that we are already entering the bullish season and it will be possible with bitcoin reaches its all time high soon.

imstillthebest

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if most of the coins are in bullish then yes the bull run has started but that all became possible because of btc and not because of eth .
eth can be like every other coin that follows the path of btc.
let us hope that this time the bull run can be more longer so that the anticipated prices for cryptos especially in btc will now be reached .

aylabadia05

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Quote from: aylabadia05 on September 07, 2021, 05:54:07 AM

The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

Just like what happened today, where Bitcoin hits the bottom again of $40k right after reaching the $52k mark and now the whole market is down, and yes ETH too so Bitcoin has been a big influence of every altcoins but of course we know that this is just temporary dump and pump can happen again. ETH will continue to go up after this Bitcoin scenario, for now let people panic and fill up your bags now.

this is a great scenario happening in the market for this year. Bitcoin price lows $29K this year and $50K in my opinion the average price and Bitcoin could return to $60K price within this year and altcoins also experience a decline of more than 10%.
But there is something strange behind the current decline in market prices if we look closely, what do you think?

aylabadia05

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Quote from: Shasha80 on September 07, 2021, 06:09:50 AM

Quote from: aylabadia05 on September 07, 2021, 05:54:07 AM

The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

I agree that Bitcoin signifies the next bullrun for altcoins, and even then not all altcoins. So it's not Ethereum that marks the next bullrun, but Bitcoin
that is very influential on the market. Even the increase in Ethereum is also influenced by Bitcoin, because if we look at market it always Bitcoin
dominates the market. Therefore everyone is now focusing on Bitcoin price movements, to find out where the market is moving.

Bitcoin is like a magnet that has been able to attract the attention of many people from the past until now. But what is happening in the market at the moment I notice the rising price of Bitcoin has little effect on the price of Ethereum. If we study further, it is Solana who has had an impact on the increase in Bitcoin for this year even though Bitcoin has fallen again in price.

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Quote from: aylabadia05 on September 07, 2021, 05:54:07 AM

The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

Just like what happened today, where Bitcoin hits the bottom again of $40k right after reaching the $52k mark and now the whole market is down, and yes ETH too so Bitcoin has been a big influence of every altcoins but of course we know that this is just temporary dump and pump can happen again. ETH will continue to go up after this Bitcoin scenario, for now let people panic and fill up your bags now.

Just as I thought it's just another quick bull trap and I feel sorry for those people who fall for it thinking that it's another bull run. Lol I bet some whales right is laughing due to gaining their profit from those who buy at $50k. And it seems that most altcoins fall for it thinking it's another bull run.

People do really never learn from the past but if they were just new in the market I would understand but for those who believe that this is gonna get us far to break another ATH is a delusion. Just look at the chart already and you will see how those lines drop to almost all altcoins.

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Quote from: Shasha80 on September 07, 2021, 06:09:50 AM

I agree that Bitcoin signifies the next bullrun for altcoins, and even then not all altcoins. So it's not Ethereum that marks the next bullrun, but Bitcoin that is very influential on the market. Even the increase in Ethereum is also influenced by Bitcoin, because if we look at market it always Bitcoin dominates the market. Therefore everyone is now focusing on Bitcoin price movements, to find out where the market is moving.

When you are looking for the bull runs, it is usually bitcoin that goes up first. Remember all the other alt seasons and you will realize that first it is bitcoin that goes up, meanwhile alts go up only in fiat but not too much in bitcoin price, even maybe drop in bitcoin price sometimes as well. When bitcoin reaches to a point where it is hard to make more money or at least keep making that type of return that ends up with a lot of altcoins start taking turns and going high. I believe that the same thing will happen this year as well, first bitcoin and ethereum will go up to high levels, then it will pour into other coins as well and go super high.

Shasha80

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Quote from: aylabadia05 on September 07, 2021, 05:54:07 AM

The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

I agree that Bitcoin signifies the next bullrun for altcoins, and even then not all altcoins. So it's not Ethereum that marks the next bullrun, but Bitcoin
that is very influential on the market. Even the increase in Ethereum is also influenced by Bitcoin, because if we look at market it always Bitcoin
dominates the market. Therefore everyone is now focusing on Bitcoin price movements, to find out where the market is moving.

aylabadia05

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The influence of Bitcoin on other Cryptocurrencies is there but not so big or not on all Altcoins. When Bitcoin goes up, maybe Ethereum, Binance and some Top Altcoins also go up, but there are also Altcoins that don't go up in price or even decrease. Once again I say that the positive effects that Bitcoin has on other Cryptocurrencies exist, but not for all.

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Quote from: kidbounty on September 06, 2021, 06:48:33 AM

Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

yes this is indeed a signal for all crypto coins. but I don't think it will last long. so choose wisely which coin to buy, or you will be disappointed because the price doesn't go up. The state of ethereum is a natural signal for all altcoins, when good ETH is high, other altcoins will always follow, especially altcoins that are on the ERC20 network.

we can actually see ethereum revive the altcoin market. this is a good signal because choosing an altcoin is not so difficult for short term trading. the most important thing is not to get carried away by emotions to continue trading. immediately exit if conditions do not allow. take advantage of it. and immediately switch to another asset. because the signals that appear seem to be alternately belonging to several altcoins in the market.

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Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

yes this is indeed a signal for all crypto coins. but I don't think it will last long. so choose wisely which coin to buy, or you will be disappointed because the price doesn't go up. The state of ethereum is a natural signal for all altcoins, when good ETH is high, other altcoins will always follow, especially altcoins that are on the ERC20 network.

carlisle1

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Quote from: lenovop-70 on September 05, 2021, 02:06:16 AM

The Ethereum price will sideway with uptrend for this week IMHO, and that is good chance to alts to growing healthy.

If that happened then it's good for those who are aspiring to bought this coin and store some inside their wallets,

Good enough for people who re trying to engaged to this coin and earned, just don't forget to do your DYOR to have a smooth investment journey.

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This is good chance to add more bag in alts before it goes up while Ethereum will reach $5k in couple next week like what i believe.

Good chance and if you are doing your homework you'll be compensated by good amount of profits, deal well with your research to know what's best for your money.

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If my prediction was right, i will get double profit when i put investment now in alts and change it to Ethereum when it $5k. I hope so.

Good luck in choosing your asset, that's a good idea if you know what's your doing.

MrcMrc

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Quote from: SquallLeonhart on September 03, 2021, 02:15:11 PM

Quote from: slaman29 on September 02, 2021, 07:53:32 AM

Wednesdays are dips, Thursdays are the new Fridays;)

Gas fees are still quite high but both the market is in green so everything is going up which is the situation right now, but also ethereum is getting a lot of attention even with the high gas fee which makes it a lot more valuable these days.

With all the NFT gaming and all that going on right now, there is way too much hype around the things that are based on ethereums blockchain and which is why there are too many people who buy eth and use it instead of selling it and that results with price going up consistently. However this new increase is mainly due to the fact that the whole market is up, bitcoin is up, bnb is up, everything is up right now so it would be shocking to not see ethereum go up as well during this period, it is only normal for it to go up when all others already did.

I'm happy for Ethereum of course, I was a long time non-supporter until after the last crypto boom, when the devs looked more solid, and even Buterin wasn't so much the main face of it. But I do fear NFT hype is just another version of ICO hype, with a lot of scams and speculation driving demand. Time will tell, but I think we're in for another painful bubble.

At the moment ethereum is around $3,950 and Bitcoin is already at above $51 which signifies a unified market movement both are gaining at price at the same time but it will be a slow and steady price I believe before the middle of this week ethereum will surpass 4k.

lenovop-70

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The Ethereum price will sideway with uptrend for this week IMHO, and that is good chance to alts to growing healthy. This is good chance to add more bag in alts before it goes up while Ethereum will reach $5k in couple next week like what i believe.
If my prediction was right, i will get double profit when i put investment now in alts and change it to Ethereum when it $5k. I hope so.

robattfield

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Not just ETH, if you look at it in terms of bitcoin then everything is clear. The problem is that the constant nostalgia helps limit the growth, if you have read some news like former president Trump saying that crypto is a disaster. Everyone's opinion will be different, instead of looking at anyone's point of view, think for yourself and evaluate it. Personally I see no problem at all, as I came into it not looking for quick profits and time will tell, I have been patiently waiting for this market not only this period but now even later.

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Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

I think that the rise of mainstream currencies are always signals of positive movements of altcoins in the future .All altcoins follow Bitcoins global trends. It happens because if people see that BTC is falling and a bear market is soon, they sell off altcoins first, as they are more risky. So we often observe that when there is a severe crash of BTC, all other coins also fall.

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Hopefully.'
The rise of Ethereum is really good enough currently.
However, actually, it is not the only Ethereum. We can see many altcoins are also increasing with a high percentage so far.
I believe that the bullish trend may be starting again.
Moreover, Bitcoin price is also not dropped enough so that it can be one of the good signals for increasing.

Quote from: fullhdpixel on September 04, 2021, 03:56:14 PM

Ethereum is certainly doing better than expected. I wasn't expecting it to be close to ATH this quickly but it managed to not drop too much on the recent corrections and this meant that with the new increases it was able to grow a lot closer to the ATH prices

I am also wondering that ETH may really pass the ATH, hopefully soon or before this year-end.
ETH has a great chance to rise up, again and again.

omone1

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Ethereum platform has always inspired bull run, but her platform is now on a suicide auto mission to destroy traders through gas fee. As it stands now, ETH is not the only project leading the bull run. Smart contract platforms allowing Defi to thousands of their users is leading the bull run. They all draw inspiration from Ethereum and hence try to connect to eth Mainet via bridge.

Topic: Ethereum signaling the next bull run for other cryptocurrencies - page 2. (Read 599 times)