Topic: Is the price of ethereum dependent on bitcoin? - page 8. (Read 5185 times)
Yes, all of the coins in Crypto are the same. The rise and fall of the price of bitcoin will have a considerable influence on the price of coins in crypto. Bitcoin is like a father to crypto where he is a role model for all coins. Bitcoin itself will experience an increase if it has got a pump to catapult the price, as good news circulating persecutes crypto, and the demand for bitcoin is increasing, it will increase bitcoin prices.
I think it affects the Crypto market. When the price of Bitcoin soars, Ethereum will follow price increases. And maybe the Altcoin market will rise too. I often observe this in various exchanges. Basically Bitcoin is a reflection of the entire Cryptocurrency market.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Based on my experience, I think the value of ethereum is not based on bitcoin because there is a scenario that bitcoin value goes up and the value of ethereum goes up and sometimes the value of bitcoin goes up and ethereum goes down so I think they are not connected to each other.
so much is made of the main coins as Bitcoin as a benchmark, so did the Ethereum are indeed to be able to count on in the future.
I think that the state and prices of BTC affect the state of the entire crypto market, and not just Ethereum. Because today BTC really remains a confident leader and king of crypto, investors are looking at its prices first of all. Therefore, it largely affects the dynamics of the development of the entire crypto market.
I believe it is very true(just check the prices and their movements), however if any coin will be priced separately (gain freedom) that would be ethereum. I believe we will see a rise in ether in 2019.
No, it isnt. Ethereum has own price which not depend on other major crypto currency even bitcoin but Bitcoin may influence all altcoins prices because it is the oldest and strongest of crypto currency.
I thin the price all Altcoins not only Ethereum depends on the price of Bitcoin. Bitcoin is the most popular Cryptocurrency and it also dominate the market with high percentage in coinmarketcap,any swing in Bitcoin price will affect the whole market
The price of any altcoins depends on Bitcoin and Ethereum is no exception. Bitcoin is the leader in terms of capitalization and to ensure a separation, that is why all altcoins rise or fall in price once Bitcoin is rising or falling.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I'm aftaid for now, it is partially true, say 70%+ true. Because if you look at the charts of Bitcoin and ethereun is the past years till now, you will see a high degree of positive correlation between them.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Based on my experience, I think the value of ethereum is not based on bitcoin because there is a scenario that bitcoin value goes up and the value of ethereum goes up and sometimes the value of bitcoin goes up and ethereum goes down so I think they are not connected to each other.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I'm aftaid for now, it is partially true, say 70%+ true. Because if you look at the charts of Bitcoin and ethereun is the past years till now, you will see a high degree of positive correlation between them.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Based on my experience, I think the value of ethereum is not based on bitcoin because there is a scenario that bitcoin value goes up and the value of ethereum goes up and sometimes the value of bitcoin goes up and ethereum goes down so I think they are not connected to each other.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Based on my experience, I think the value of ethereum is not based on bitcoin because there is a scenario that bitcoin value goes up and the value of ethereum goes up and sometimes the value of bitcoin goes up and ethereum goes down so I think they are not connected to each other.
Yes, it is. Especially vividly this was confirmed by the drawdown of the Bitcoin exchange rate on the first Wednesday of autumn and against its background the drop in Ethereum price by 20 %.
Negative or positive change in bitcoin price directly affects other crypto currencies. Half the crypto market belongs to Bitcoin. Ethereum didn't pass the bitcoin. Ethereum platform should make more efforts to enlarge the platform.
I have been watching the ethereum and bitcoin price for a long time and from what I saw is that not always the price of Ethereum changes when the price bitcoin changes.
There has been many times that bitcoin price went up but the ethereum price didn't and the other side when ethereum rocked but bitcoin didn't changed.
Negative or positive change in bitcoin price directly affects other crypto currencies. Half the crypto market belongs to Bitcoin. Ethereum didn't pass the bitcoin. Ethereum platform should make more efforts to enlarge the platform.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Of course, the price of ethereum, like other cryptocurrencies, is completely dependent on the price of bitcoin. Bitcoin price dominates other types of cryptocurrency using its high level of capitalization. It is a high level of capitalization that allows Bitcoin to control the price of altcoins. I honestly don’t like it at all. I hope the market will find a way out of the current unhealthy situation. 
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
In essence it is, when increasing the capitalization of the market, then everything starts to grow and Ethereum and bitcoin, of course sometimes it also happens that bitcoin is growing a little, and the Ethereum are not. 
Alas, yes, considering how manipulative the cryptocurrency market is now, the correlations between the price of Bitcoin and the price of Etherium are clearly visible, but it is much more difficult for the ether to recover its position after the fall.
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Maybe it is true. Cause not only just ethrium I think maximum altcoins price increase and decrease by Bitcoins price up and down. Maybe this situation will be continue untill market recover. Jump to: