As I would see it the cost of Ethereum, as well as the various cryptocurrancy coins either specifically or in a roundabout way depend on Bitcoin. Since Bitcoin is the lord of cryptocurrancy, where it is the principal coin to show up on cryptocurrancy. In cryptocurrancy, Bitcoin has extraordinary specialist in creating other altcoin trips.
Bitcoin affects the value of Altcoin because Bitcoin is the parent of Altcoin, but that doesn't always apply especially for new coins, I often see the movement of new coins outside the Bitcoin path, but indeed if for coins not far from Bitcoin it is more dominant in the Bitcoin movement. 
Topic: Is the price of ethereum dependent on bitcoin? - page 17. (Read 5185 times)
As I would see it the cost of Ethereum, as well as the various cryptocurrancy coins either specifically or in a roundabout way depend on Bitcoin. Since Bitcoin is the lord of cryptocurrancy, where it is the principal coin to show up on cryptocurrancy. In cryptocurrancy, Bitcoin has extraordinary specialist in creating other altcoin trips.
I don't think that's true. Since there have been cases more than once, when the BTC price grew up, and the ETH rate fell down. In any case, it is not clear whether this is so in fact. After all, all coins except BTC do not lend themselves to any Analytics at all. So we have to wait for this issue to be settled and we will also be able to consistently monitor the growth or fall of the coin, for the right time.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I also hold the opinion that to a large extent the price and dynamics of Ethereum depend on the current quotations of BTC. After all, BTC remains the real trendsetter in the crypto market, directly affects the prices of all altcoins, Ethereum in this respect is no exception.
It is indeed a bit much bitcoin give effect and affect the movement of the price of other coins, for example, the only ethereum. no denying that indirectly bitcoin it gives its influence in terms of price movement. This is normal, given the strong position of the bitcoin himself in cryptocurrency.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
From my experience, I could already make sure that the cost of Eth in the crypto market really depends to a large extent on the state and prices of BTC. But it must be remembered that there are many other factors on which today the price of ETH depends, and not only on the courses of BTC.
I see that ethereum feels bad now, he even without falling bitcoin makes great moves down. At first, the coins on the platform were greatly depreciated. Has the turn of the fall of ethereum now come?
I think the same way, BTC price shows direction for ETH price and these days we see eth is falling even stronger than BTC.
Can't believe , but it is sad reality and it has happend.
Can't believe , but it is sad reality and it has happend.
When the price of bitcoin falls then the price of ethereum falls too. Whatever happens to the price of bitcoin does affect the price of eth. There can also be some outside factors that affect the price of eth though like transaction volume and times.
The price of ether is entirely related to itself. He's having trouble right now. Nobody could think of declining to these prices. Ethereum founders will correct this situation Ethereum will disappear.
I think the potential of every single coin is far away because they are very different in price today because of the huge drop in the price of the ethereum now.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I am absolutely confirmed that in fact each altcoin depends largely on the condition and prices of the BTC. Ethereum in this respect is no exception, since it also belongs to the number of altcoins. With the fall in BTC prices, Eth courses also decrease regularly.
I think so. We produce just these two cryptocurrencies. I think the main difference in terms of production, but not for the advanced user, they are similar.
sad but this is true. ethereum is still connected the bitcoin like every altcoins. but in the future ethereum with some forks slowly grow and take his own value.
Thou, i have been left wondering about what responsible for this all this while, but I think something have tied this two great coins together. Especially in the area of price response/changes, ETH seems to always respond fast to any slightest change in the price of Bitcoin. I have actually tired solving this mystery and have ended coming to this conclusion that since btc and ETH are widely used for transactions in the crypto world almost on a daily basis, these changes are therefore inevitable.
Yes, usually the price of Ethereum are affected by the changes in the price of Bitcoin. But sometimes Ethereum's price affect by the news about Ethereum on the market.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Many people's opinions on this issue can vary significantly. But I have always held the opinion that the cost of Ethereum directly depends on the prices and dynamics of BTC. Therefore, for the forecast of the crypto market, you should always monitor the BTC state.
The price of all coins are closely linked with the price of bitcoin, Ethereum is no exception to the rule, it is even more critical for Ethereum it's price is also dependent on the sucess or failure of ICOs
I think not depend on bitcoin now because looks like ethereum is hardly to going up not increasing much when bitcoin is increasing, I think it depends to the investors.
last year, based on my observation, the correlation between BTC and ETH was pretty tight large volume of small transactions to be processed relatively quickly substantially lower volatility rate, startups prefer to maintain their funds in Bitcoin !...For a lot of people bitcoin is an embodiment of cryptocurrency so whenever btc price changes it pulls almost everything else after it...
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