Ethereum very volatile - page 2. | Bitcointalksearch.org

okala

full member

Activity: 980

Merit: 114

Quote from: Qcrypto on February 03, 2020, 01:27:41 PM

During the past 8 days Ethereum price went up by 22.5%, more so than usual.

Currently at $190 at the time of this post, and there is a huge SELL ORDER on Binance at $195.

IT already broke $195 mark yesterday but went no further.

Another factor is that it's been trading very heavily with Velocity reaching over 15%.

Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?

It is not only ethereum that is highly volatile but all the coins. Whatever happens in ethereum is always a replicate of what happens to bitcoin. That is why I keep on telling friends that the cryptocurrencies market in general needs a new trading approach and if you used traditional trading tools or indicators in trading it you might be wipe out of the market.

Irvinn

full member

Activity: 966

Merit: 104

Today's Ethereum price is most likely the general tendency for the cryptocurrency market to fall, and not the fall in the popularity of ETH. I believe in this coin, I do not know that the ETH platform has a high demand among users and Ethereum has much higher technical characteristics than even bitcoin. I am convinced that the future of Ethereum is secure, but I am concerned about the issue that is important today, namely, what is connected with the extraction of Ethereum, since its cost is much higher than the current price of $ 130 per coin. We understand that Ethereum mining has significant energy costs and increased equipment wear, and this costs a lot of money.

Shadowkipper

sr. member

Activity: 1022

Merit: 252

Quote from: jahepahit on March 21, 2020, 10:25:33 AM

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.

jahepahit

member

Activity: 866

Merit: 10

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

wozzek23

sr. member

Activity: 1568

Merit: 283

I don't know if we have dropped as further as we can or if we will do any better but it looks like we are doing a bit better last days. We have tried to go down under 100 dollars and so forth, but bitcoin prices increases as well and ethereum is doing better too.

I think whatever has happened already happened and we are not really going down anymore, we already did and this was it, I suspect this was the last of the drops. From here on out we will probably be better and go up, maybe it will take time, maybe we will stay here for months before we see another increase, but I do not think we will go down under 5k too much anymore (not counting 4.8k+ in general). I could be wrong but it looks definitely like that is the situation right now to me.

Denamen

sr. member

Activity: 499

Merit: 250

Chainjoes.com

Quote from: whyrqa on March 18, 2020, 12:06:40 PM

Personally, I have a very high expectation from Ethereum, but today I have a lot of questions that I have no answer to. First of all, we are talking about the cost of ethereum, which, according to many analysts, is at the level of 500 dollars. It turns out that at the current price, miners suffer losses. In addition, it is necessary to take into account the fact that Ethereum was originally planned to be used as fuel for the erc20 platform, and it is logical to assume that fuel should not be too expensive. But today there are already quite a lot of opportunities where Ethereum can also be used as a means of payment. It is precisely because of this that the question arises of how much is a great price for ethereum.

There is not much hope for the price of this coin because for the time being the coin has been heavily dependent on the price of Bitcoin and if Bitcoin cannot rise, do not expect too much in Ethereum. I have analyzed many times Ethereum and it is not really popular because now the ICO is dead and people have no reason to invest in this coin.

kentrolla

hero member

Activity: 1652

Merit: 569

Catalog Websites

Quote from: Republikcoin.com on March 15, 2020, 03:06:13 AM

Quote from: metenjean on March 14, 2020, 08:03:42 PM

Looking with etehreum price today make us most disappointed because we got lower price of ethereum, impact from bitcoin going down drastically make many altcoin allow for lower price and ethereum keep continue for going down.

ethereum prices are currently down due to the influence of bitcoin prices, so when bitcoin prices rise again, I think ethereum prices will recover. yeah, the point is in bitcoin. however, this is an opportunity for investors. You know, halving will happen soon, I think it will affect the price of bitcoin and ethereum, at least up to the price of $ 9k or $ 10k.

Exactly, ETH is dependent on BTC that's the thing. The number of people using digital currency is steadily increasing so it's a kind of excitement for the Investors as well, the reason for volatility might be because it's a trustworthy alternative currency in the world. By this logic it makes a lot of sense to buy, sell and invest to be honest there is no way for a definition on the impact of volatility on digital currency.

whyrqa

full member

Activity: 1093

Merit: 103

Personally, I have a very high expectation from Ethereum, but today I have a lot of questions that I have no answer to. First of all, we are talking about the cost of ethereum, which, according to many analysts, is at the level of 500 dollars. It turns out that at the current price, miners suffer losses. In addition, it is necessary to take into account the fact that Ethereum was originally planned to be used as fuel for the erc20 platform, and it is logical to assume that fuel should not be too expensive. But today there are already quite a lot of opportunities where Ethereum can also be used as a means of payment. It is precisely because of this that the question arises of how much is a great price for ethereum.

suryapro

member

Activity: 854

Merit: 10

before I write this post, before I see the price of eth first, and it's below the price you wrote down, which is $ 116 and hopefully, tomorrow or the day after tomorrow this eth price will increase

Denreal

jr. member

Activity: 784

Merit: 6

On seeing what is here, I decided to check the current market price of Ethereum and I tried to compare it with BSV. I was every surprised that bot could have the same price. I saw $110 for both. If care is not taken, Ethereum will fall below that and it will be more disappointing.
To me, Ethereum is gradually becoming a total shit coin. Although, that is what some people call it and i am not seeing anything lesser.
At least, with the look of things, some coins have increased a little more, but for Eth, it keeps on falling.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: thirdlight on March 15, 2020, 02:17:31 PM

Of course ETH is very volatile, but the problem is that it keeps following Bitcoin, even though ETH is volatile, but when Bitcoin goes down, ETH can't do anything and it goes down too.

That has been the trend, we can't change that but we can take advantage following the trend.

It's not actually ETH only, the whole altcoins are following bitcoin's movement because it has dominated the market with a big percentage of dominant rate.
To make it easy to understand, bitcoin is volatile, so when it move significantly, it will shake the whole market.

thirdlight

sr. member

Activity: 445

Merit: 250

Of course ETH is very volatile, but the problem is that it keeps following Bitcoin, even though ETH is volatile, but when Bitcoin goes down, ETH can't do anything and it goes down too.

Smitty Werben Man Jensen

full member

Activity: 1568

Merit: 100

COMBONetwork

there are many altcoins that are very volatile, Ethereum is indeed one of them, but Ethereum is the best altcoin project, so naturally if the price is very volatile, if you are a holder then you will ignore that, but if you are a trader the risk is indeed like that

Republikcoin.com

legendary

Activity: 2716

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: metenjean on March 14, 2020, 08:03:42 PM

Looking with etehreum price today make us most disappointed because we got lower price of ethereum, impact from bitcoin going down drastically make many altcoin allow for lower price and ethereum keep continue for going down.

ethereum prices are currently down due to the influence of bitcoin prices, so when bitcoin prices rise again, I think ethereum prices will recover. yeah, the point is in bitcoin. however, this is an opportunity for investors. You know, halving will happen soon, I think it will affect the price of bitcoin and ethereum, at least up to the price of $ 9k or $ 10k.

metenjean

full member

Activity: 854

Merit: 140

Looking with etehreum price today make us most disappointed because we got lower price of ethereum, impact from bitcoin going down drastically make many altcoin allow for lower price and ethereum keep continue for going down.

leetcoiner

sr. member

Activity: 1056

Merit: 251

ETH is very volatile of course, but it is almost entirely dependent on Bitcoin, if Bitcoin does not grow or fall, then ETH will also stand still.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: thirdlight on March 08, 2020, 12:59:02 PM

ETH is really very volatile, this confirms its daily trading volume to me, then such volatility for ETH is only beneficial.

But also Bitcoin is volatile right?and other altcoins specially from the top 50 and still they are moving according to what Bitcoin does so basically?nope it is not just Ethereum and also Bitcoins.

Quote from: jarhed on March 07, 2020, 09:16:59 AM

ETH has shown over a long time that it is quite volatile, ETH can be invested for trading as well as for the long term because ETH can grow very much in a short time.

yup that is it,Ethreum is much better to Hold like Bitcoin and not to use as daytrade,having a high Price compared to ripple or litecoin?this can be one volatile currency but worth it to handle.

novaprime

sr. member

Activity: 812

Merit: 251

UniDApp - it's DeFi time!

Quote from: Oceat on March 06, 2020, 06:51:26 PM

Quote from: Genemind on March 06, 2020, 07:24:29 AM

Quote from: mahilchii on February 04, 2020, 01:20:30 AM

Well, ETH is indeed very popular coin among alts I did few research on this and it looks like due to volatility in market this happened.

Volatile is not so easy anything can happen either it may go up or down asset is risky to hold that's it.

By the way I cant see any specific change in the market yes ETH may pump after some day it's a long-term asset mate. ETH crossing $200 is not a big surprise for if it goes.

Eth is well established and its capability isn't questionable. Volatility as a given characteristic of any cryptocurrency so changes are always expected to happen. Ethereum never fails to surprise us even if we check its history so when it comes to investment, it's always advisable to choose it.

There must be something about this since ETH just suddenly rise although this volatility of the market is always present so there's still a chance that ETH might drop anytime soon. I wish this won't lead to another bearish trend since we all know after the bullish market bearish market will comes next. I'm just glad that ETH did manage to rise again and it looks so bullish compared to other altcoins.

Of course the price of ETH will increase when there is good news or the altcoin season appears but until now I think the coin is still very much dependent on the price of Bitcoin so in the near future this coin may drop even more.

In my opinion, choose the new coins available in this market because those options are more profitable for investors and if you're lucky you can earn double the profit. However, the crypto market is the most unpredictable place and you can't be sure of anything when join.

thirdlight

sr. member

Activity: 445

Merit: 250

ETH is really very volatile, this confirms its daily trading volume to me, then such volatility for ETH is only beneficial.

calandra78

copper member

Activity: 840

Merit: 114

Quote from: Hypnosis00 on March 08, 2020, 06:40:27 AM

Quote from: jarhed on March 07, 2020, 09:16:59 AM

ETH has shown over a long time that it is quite volatile, ETH can be invested for trading as well as for the long term because ETH can grow very much in a short time.

There is something we can't escape from volatility, in fact, we live this thing since the day that ETH is created. But if we look at its fluctuating rate compared to the other altcoins, you can find that ETH didn't have that much volatility. If I have to invest Ethereum, I'll consider this as a long term investment rather than of short-term one because you can just make money if you can manage to hold it for a long time.

I think the ethereum market is stronger than the other assets. maybe a fast chart movement occurs because of a sudden drop in the price of bitcoin. of course, it not only affects ethereum but also other assets. I agree with you, ethereum will be better for the long term than for a daily trade.

Topic: Ethereum very volatile - page 2. (Read 945 times)