Looks likes ETH is breaking out of BTC pair

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Quote from: JessicaVL on November 19, 2019, 03:28:06 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Thanks for this! Super interesting post! I'd be interested in finding out what trading platforms you use, and what you think about marketplaces like Vertex. Maybe you could do a video?

WTH!!! Meaningless post. You are trying to promote vertex exchanger in wrong way. Don't try to promote in wrong way or you will be banned from this forum. Be careful

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Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Thanks for this! Super interesting post! I'd be interested in finding out what trading platforms you use, and what you think about marketplaces like Vertex. Maybe you could do a video?

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Quote from: Faxmate on November 13, 2019, 09:47:40 PM

Let us just talk about the main reason or purpose of investors spending their money in digital currencies. Do you really think it is the speed of transactions or compatibility or support. Correct me if I am wrong, it is ‘the profits’ that someone can really make from digital assets. Ethereum is far far behind bitcoin in this regard. For the remaining points, I would suggest doing some research and see how bitcoin fulfills those requirements.

You are very close to the truth brother and the reason why I said you are very close is that it is not everyone that actually do out money into cryptocurrency for digital asset purpose, but I must really confess to you that 80 percent of those who have money in cryptocurrency have it for them to be able to make more money through it by using it for the purpose of digital asset, but I think that this is the reason why the market is not growing, many users or do I say investors now, because the term user means that the person is using it for the reason why cryptocurrency was created, but what we see no are investors and if everyone is just investing, it will be easy for the whales o manipulate us but if we are all using it for payments, they the value will grow naturally without manipulation.

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Quote from: cryptothreads on November 14, 2019, 09:57:32 PM

Quote from: pundit on November 10, 2019, 07:38:48 AM

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Bitcoin technology may be old but in the crypto market this coin is always the number one choice because of the fact that everyone sees Bitcoin as the best asset to hold. I think comparing technology is a really stupid idea because all coins use blockchain. In fact, if you want to compare with Ethereum, you should choose good coins such as BNB, BCH, EOS because these are the coins that are competing for 2nd place in the near future.

I personally choose Bitcoin not for technology but the potential for Bitcoin is huge and when it comes to the crypto market, people only refer to Bitcoin.

There's no need for comparison now, and as the current competition goes through ethereum over bitcoin it was just a little percentage. While bitcoin remains uncertain these days, letting go or giving up was not a good suggestion. But remaining strong on our goals is a good mindset, because one day we won't expect some great things to give us joy. This might not be fast, but I know it would suprice everyone someday.

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Quote from: pundit on November 10, 2019, 07:38:48 AM

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Bitcoin technology may be old but in the crypto market this coin is always the number one choice because of the fact that everyone sees Bitcoin as the best asset to hold. I think comparing technology is a really stupid idea because all coins use blockchain. In fact, if you want to compare with Ethereum, you should choose good coins such as BNB, BCH, EOS because these are the coins that are competing for 2nd place in the near future.

I personally choose Bitcoin not for technology but the potential for Bitcoin is huge and when it comes to the crypto market, people only refer to Bitcoin.

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Quote from: pundit on November 10, 2019, 07:38:48 AM

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Lol, it looks like you haven't follow the Bitcoin and Ethereum price. There's no way that Ethereum can compete with bitcoin as far as the price goes, regardless if bitcoin is too slow and fees are high. Around the first six month of 2017, there was a lot of noise that Ethereum will take over, hence the so called "Flippening". Many Ethereum investors are so hype and thinks that they can just overtake Bitcoin that time. But it didn't happen, so I'm not seeing it happening as well with ETH 2.0 release.

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Quote from: pundit on November 10, 2019, 07:38:48 AM

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Let us just talk about the main reason or purpose of investors spending their money in digital currencies. Do you really think it is the speed of transactions or compatibility or support. Correct me if I am wrong, it is ‘the profits’ that someone can really make from digital assets. Ethereum is far far behind bitcoin in this regard. For the remaining points, I would suggest doing some research and see how bitcoin fulfills those requirements.

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Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

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Quote from: Omega Weapon on November 01, 2019, 09:34:22 PM

Quote from: BitHodler on October 31, 2019, 01:24:16 PM

Quote from: iamaruf on October 31, 2019, 10:14:16 AM

According to coingecko btc is 52.77% lower than ATH and ETH is 82.327% lower than ATH.so till now eth lower than btc pair. Maybe one day eth can break out btc price.But It's really hard for eth.

I'm pretty sure that if people weren't hoarding Ethereum for their POS upgrade, the price would probably hover below the $100 mark today....

If true this is a sign of concern not only for ethereum but for the rest of altcoins, if the second most powerful coin in the market of cryptocurrencies doesn't really have a healthy demand then what can we expect of the rest of the altcoins? This is especially important for all of those that are supporting projects other than bitcoin, after all even if I believe that bitcoin is going to be the coin that will be adopted worldwide we still need the altcoin market to be strong and yet it is incredibly weak right now.

There is demand. People are stocking it up for the 2.0 update that will add staking. I'm fairly certain the low price is mainly just do the nature of the business, volatility. You'll be happy with your investment today if they release the 2.0 update during the next bull run. Even without the update, we should be seeing new all time highs. The 2.0 update will just be icing on the cake.

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Quote from: Triffin on November 09, 2019, 02:59:56 PM

Quote from: davinchi on November 07, 2019, 07:26:03 AM

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I believe that Ethereum has more potential than Bitcoin. To date, Bitcoin is more attracting attention for its volatility, because everyone wants to get a very good and fast profit. But Ethereum is beneficial for long-term prospects, since despite the fact that the coin is developing at a very slow pace, Ethereum has very great potential and the results will be 100%, since this coin has much more advantages than other cryptocurrencies. I would not mind using Ethereum as a means of payment, because the speed of transactions and the price of transactions are quite suitable for this. I am sure if society will be actively interested in ethereum, then its price will stabilize due to its relevance.

Bitcoin transaction was not like this too when it was still a baby like Ethereum, the transaction became slow as we had much increase in its usage, and believe me that Ethereum will have the same challenge too when they get to that stage of bitcoin later in future, so don’t jubilate yet as if Ethereum is going to remain this way.

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one. I like Ethereum and I know how good their project is too, and how effective it is also, which I don’t doubt that they will make a very great investment for future, but bitcoin would always be ahead of them all, and no matter how good Ethereum is , people will still prefer to live more with bitcoin than Ethereum.

Bitcoin is the pioneer of this crypto industry and Ethereum has always followed the pump and dump graph of bitcoin. It is strongly influenced by bitcoin. So the point is Ethereum will always lag behind bitcoin as a follower because of its dependency on latter. But yeah, it is not that bad among altcoins. It could be named as the leader of altcoins. I prefer going with it and some trending altcoins for day trading only.

Ethereum has a sustainable market which it never been seen to the most altcoins around. I believe not just because ETH exists first after Bitcoin is the reason why it gains market popularity and has this great price but because it has a certain important role in crypto. Having this, it makes people appreciate it and I keep trusting ETH more than enough for the other altcoins.

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Quote from: davinchi on November 07, 2019, 07:26:03 AM

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I believe that Ethereum has more potential than Bitcoin. To date, Bitcoin is more attracting attention for its volatility, because everyone wants to get a very good and fast profit. But Ethereum is beneficial for long-term prospects, since despite the fact that the coin is developing at a very slow pace, Ethereum has very great potential and the results will be 100%, since this coin has much more advantages than other cryptocurrencies. I would not mind using Ethereum as a means of payment, because the speed of transactions and the price of transactions are quite suitable for this. I am sure if society will be actively interested in ethereum, then its price will stabilize due to its relevance.

Bitcoin transaction was not like this too when it was still a baby like Ethereum, the transaction became slow as we had much increase in its usage, and believe me that Ethereum will have the same challenge too when they get to that stage of bitcoin later in future, so don’t jubilate yet as if Ethereum is going to remain this way.

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one. I like Ethereum and I know how good their project is too, and how effective it is also, which I don’t doubt that they will make a very great investment for future, but bitcoin would always be ahead of them all, and no matter how good Ethereum is , people will still prefer to live more with bitcoin than Ethereum.

Bitcoin is the pioneer of this crypto industry and Ethereum has always followed the pump and dump graph of bitcoin. It is strongly influenced by bitcoin. So the point is Ethereum will always lag behind bitcoin as a follower because of its dependency on latter. But yeah, it is not that bad among altcoins. It could be named as the leader of altcoins. I prefer going with it and some trending altcoins for day trading only.

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Yeah but ethereum is actually working on how to make it faster whereas bitcoin is not. People moved to segwit slowly but they did, right now there are some places where you can once again get faster (still not as fast as it used to be) and cheaper (still not as cheap as it used to be ) bitcoin transactions yet when you look at ethereum it is already at the same level of bitcoins technology and even a bit better plus they are working on ethereum 2.0 which means they will get even faster and cheaper yet they do not have that kind of transaction logs compared to bitcoin.

It means even if they reach to bitcoins level one day the technology they are working with will make it much faster and cheaper anyway which is why I really love ethereum and its improvements.

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Quote from: davinchi on November 07, 2019, 07:26:03 AM

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one.

It's called progress, progress that should have been accompanied by a scaling roadmap. Currently the transactions are fairly low because there is not much hype in the market, but that will change eventually.

I do however have to say that Ethereum suffers from the same problem where from time to time transaction fees shoot up.... it isn't all that long ago when there were more than 170k unconfirmed transactions in the mempools.

At the end of the day, you can always have fast transactions if you're willing to pay up for it. If you're not willing to pay up for it you have to accept that you have to wait for a couple of hours in some cases.

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I believe that Ethereum has more potential than Bitcoin. To date, Bitcoin is more attracting attention for its volatility, because everyone wants to get a very good and fast profit. But Ethereum is beneficial for long-term prospects, since despite the fact that the coin is developing at a very slow pace, Ethereum has very great potential and the results will be 100%, since this coin has much more advantages than other cryptocurrencies. I would not mind using Ethereum as a means of payment, because the speed of transactions and the price of transactions are quite suitable for this. I am sure if society will be actively interested in ethereum, then its price will stabilize due to its relevance.

Bitcoin transaction was not like this too when it was still a baby like Ethereum, the transaction became slow as we had much increase in its usage, and believe me that Ethereum will have the same challenge too when they get to that stage of bitcoin later in future, so don’t jubilate yet as if Ethereum is going to remain this way.

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one. I like Ethereum and I know how good their project is too, and how effective it is also, which I don’t doubt that they will make a very great investment for future, but bitcoin would always be ahead of them all, and no matter how good Ethereum is , people will still prefer to live more with bitcoin than Ethereum.

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Quote from: coingrowth on November 02, 2019, 12:44:58 AM

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

Ethereum has always been following the paths of bitcoin market and this is nothing new for ethereum to appear stable because bitcoin has been doing this for few last couple of months. As soon as bitcoin is going to increase in value, we will see Ethereum following bitcoin even if its development team does not release any update. No one likes the stability of any coin in the market of crypto because this stops trading.

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Quote from: huige007 on November 03, 2019, 07:00:25 AM

Quote from: bassbity on November 02, 2019, 04:41:31 AM

Quote from: coingrowth on November 02, 2019, 12:44:58 AM

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

Ethereum is a slow mover. It wont be wrong even if you call it the slowest one. There is no comparison between the amount of profits that bitcoin can produce and those that ethereum produce in same duration of time. That is why I suggest bitcoin. Even if it is expensive than ethereum, it is worthy of this rate. Ethereum is not too bad either. At least it is not a bubble like most of altcoins.

It was acceptable by then that ETH never been doing great since last year. And even other altcoins seems to be more profitable than it was. However, it won't just a way to think that ETH losing its credibility and potential gaining coin in the market. ETH needs more time enough to cover its declining sentiment compared to altcoins and to other coins.

I'm not really bad into this but it sometimes giving us disappointment when we never saw few pumps rather than dumps. What we could see now is that ETH isn't showing aggressiveness and don't know if Mr. Vitalik would like to do something for better.

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Quote from: bassbity on November 02, 2019, 04:41:31 AM

Quote from: coingrowth on November 02, 2019, 12:44:58 AM

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

Ethereum is a slow mover. It wont be wrong even if you call it the slowest one. There is no comparison between the amount of profits that bitcoin can produce and those that ethereum produce in same duration of time. That is why I suggest bitcoin. Even if it is expensive than ethereum, it is worthy of this rate. Ethereum is not too bad either. At least it is not a bubble like most of altcoins.

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I am very enthusiastic to see the development of ethereum now, it seems that the price of support is very strong. Plus ethereum prices
slowly rises although not significant, but moves in a positive direction. Not to mention a lot of positive news about cryptocurrency lately
this makes many new investors jump into the world of cryptocurrency. And of course ethereum is the choice of new investors to buy,
because ethereum is the king of altcoins, it is compulsory to invest in ethereum because its potential is very good. My estimate is ethereum
by the end of this year it could go up to $ 700.

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Quote from: bassbity on November 02, 2019, 04:41:31 AM

Quote from: coingrowth on November 02, 2019, 12:44:58 AM

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

ETH is still having a hard time increasing it's price, unlike bitcoin it started to recover it's price due to it's downturn, that is why a lot of people have been waiting for ETH 2.0 that they are expecting it will have an improvement in the year of 2020. But i think even ETH has a low value today, it will still remain the top altcoin in the market.

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Quote from: coingrowth on November 02, 2019, 12:44:58 AM

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

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Quote from: hamdi on October 09, 2019, 09:30:39 AM

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

The cryptocurrency users does not regard Ethereum as superior to Bitcoin, as evident from the exchange rates and trade volumes. I agree that smart contracts and tokens are very innovative, but for the ordinary cryptocurrency users these things doesn't matter much. What matters for them is the use of Bitcoin as an investment asset, or as a currency, and in this case Ethereum is not superior to Bitcoin in anyway.

IMO, we are doing the mistake by grouping Ethereum together with Bitcoin. That is not right, because both of them are entirely different assets with only a few similarities. Ethereum is more like a platform and Bitcoin is an asset which is protected from inflation (suitable for use as store of value). And the users are also realizing it. Earlier the exchange rate of ETH and BTC used to be in sync. That situation has changed now.

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Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

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Quote from: BitHodler on October 31, 2019, 01:24:16 PM

Quote from: iamaruf on October 31, 2019, 10:14:16 AM

According to coingecko btc is 52.77% lower than ATH and ETH is 82.327% lower than ATH.so till now eth lower than btc pair. Maybe one day eth can break out btc price.But It's really hard for eth.

I'm pretty sure that if people weren't hoarding Ethereum for their POS upgrade, the price would probably hover below the $100 mark today....

If true this is a sign of concern not only for ethereum but for the rest of altcoins, if the second most powerful coin in the market of cryptocurrencies doesn't really have a healthy demand then what can we expect of the rest of the altcoins? This is especially important for all of those that are supporting projects other than bitcoin, after all even if I believe that bitcoin is going to be the coin that will be adopted worldwide we still need the altcoin market to be strong and yet it is incredibly weak right now.

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Quote from: dark08 on October 31, 2019, 10:20:27 AM

Quote from: Arkann on October 27, 2019, 10:35:04 AM

Quote from: Jating on October 25, 2019, 07:37:31 AM

Quote from: Genemind on October 25, 2019, 07:07:37 AM

It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

What do you mean that Ethereum has started to recover? The price is still way below, $160, and the lowest price it got is around $80 so I don't see any recovery with it.

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

Perhaps the bear market will only benefit Ethereum, because in my opinion it will make it possible to get rid of all the junk coins that are on the cryptocurrency market and clog the Ethereum blockchain. At least Ethereum already has a transaction speed much higher than Bitcoin and this already makes it a direct competitor and a contender for a leadership position. For some reason, it seems to me that in the near future we will be able to see Ethereum as a means of payment much faster than this will happen with Bitcoin. In addition, the erc20 platform is really a very good opportunity for new projects, but only in this case it would not hurt to carry out a certain control among all new projects in order to avoid fraud.

Even theres an IEO in the market I can say that ethereum is very usefull in the market but I'm excited to the ethereum 2.0 and looking forward for more volatility of its price like what happen on 2017 bullish run.

Ethereum has remained the number one altcoin since beginning. Though it has tried to take place of bitcoin but failed. However, it is believed to be the top rival of the king. Due to this, it has also grabbed huge community of supporters and admire its development over the time. Ethereum can go bullish only when bitcoin will. It is not like ethereum was able to achieve its 2017 target on its own.

I don't even consider Ethereum as a competitor of Bitcoin. Bitcoin is plainly a currency, even though it is also being considered by a lot or people as a store of value. But it is made as a currency. Ethereum, on the other hand, is created to offer smart contracts using the Ethereum blockchain technology. Ethereum was not purely created to be an alternative to fiat, unlike Bitcoin. When it comes to price, Ethereum is still not a competitor of Bitcoin. Look at its market cap. It is not even 1/8 of Bitcoin's.

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Quote from: iamaruf on October 31, 2019, 10:14:16 AM

According to coingecko btc is 52.77% lower than ATH and ETH is 82.327% lower than ATH.so till now eth lower than btc pair. Maybe one day eth can break out btc price.But It's really hard for eth.

I know it's not going to happen, but people should ignore that $1.4k all time high of Ethereum because the demand factor has changed a lot since then.... it's no longer the ICO's being the driver of demand, but actual usage.

Ethereum technically doesn't have to go up a lot because people need to have just enough of it to fund the fees for the applications running on top of it, which is why their plans to go POS will be a make or break type of event.

I'm pretty sure that if people weren't hoarding Ethereum for their POS upgrade, the price would probably hover below the $100 mark today....

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Quote from: Arkann on October 27, 2019, 10:35:04 AM

Quote from: Jating on October 25, 2019, 07:37:31 AM

Quote from: Genemind on October 25, 2019, 07:07:37 AM

It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

What do you mean that Ethereum has started to recover? The price is still way below, $160, and the lowest price it got is around $80 so I don't see any recovery with it.

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

Perhaps the bear market will only benefit Ethereum, because in my opinion it will make it possible to get rid of all the junk coins that are on the cryptocurrency market and clog the Ethereum blockchain. At least Ethereum already has a transaction speed much higher than Bitcoin and this already makes it a direct competitor and a contender for a leadership position. For some reason, it seems to me that in the near future we will be able to see Ethereum as a means of payment much faster than this will happen with Bitcoin. In addition, the erc20 platform is really a very good opportunity for new projects, but only in this case it would not hurt to carry out a certain control among all new projects in order to avoid fraud.

Even theres an IEO in the market I can say that ethereum is very usefull in the market but I'm excited to the ethereum 2.0 and looking forward for more volatility of its price like what happen on 2017 bullish run.

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Quote from: Omega Weapon on October 28, 2019, 12:31:05 AM

Quote from: iamaruf on October 25, 2019, 07:19:08 AM

Your analysis is good Enough.but if you go back to 2017 i saw bitcoin price was 2000$ that time eth was something like 0.04 to 0.038/ETH.Now ETH is 0.02btc/ETH.still lower than before.in my conclusion ETH is not breaking out of btc pair even lower than before.I don't know in future ETH can breakout BTC pair or not.

Many only seem to care about the price of ETH in dollars but as of late ETH is unable to recover and breakout out of BTC, when that happens this could be an indication of an impending altcoin season, but even now ETH cannot do it, it seems all the interest from new and old investors is on bitcoin, the bitcoin dominance which has been going down slightly during the last weeks is once again above 67% and if we reach a new all time high then it could be even higher than that.

Yeap.people only looking at ETH price in $ not in btc. According to coingecko btc is 52.77% lower than ATH and ETH is 82.327% lower than ATH.so till now eth lower than btc pair. Maybe one day eth can break out btc price.But It's really hard for eth.

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Quote from: Arkann on October 27, 2019, 10:35:04 AM

Quote from: Jating on October 25, 2019, 07:37:31 AM

Quote from: Genemind on October 25, 2019, 07:07:37 AM

It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

What do you mean that Ethereum has started to recover? The price is still way below, $160, and the lowest price it got is around $80 so I don't see any recovery with it.

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

Perhaps the bear market will only benefit Ethereum, because in my opinion it will make it possible to get rid of all the junk coins that are on the cryptocurrency market and clog the Ethereum blockchain. At least Ethereum already has a transaction speed much higher than Bitcoin and this already makes it a direct competitor and a contender for a leadership position. For some reason, it seems to me that in the near future we will be able to see Ethereum as a means of payment much faster than this will happen with Bitcoin. In addition, the erc20 platform is really a very good opportunity for new projects, but only in this case it would not hurt to carry out a certain control among all new projects in order to avoid fraud.

Probably, but that whole theory was tested already in the bullish cycle we have in 2017. So projects will continue to used their ERC-20 no matter if it will clogged their main net or not, as long as there are incentives and people are going to invest money on IEO/ICO it doesn't matter.

That's why we need to look at their ETH 2.0 first, but as @BitHodler have pointed out, maybe ETH will not leave POW entirely that could really affect the miners or those who have invested so much to min ETH as of today.

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Quote from: iamaruf on October 25, 2019, 07:19:08 AM

Your analysis is good Enough.but if you go back to 2017 i saw bitcoin price was 2000$ that time eth was something like 0.04 to 0.038/ETH.Now ETH is 0.02btc/ETH.still lower than before.in my conclusion ETH is not breaking out of btc pair even lower than before.I don't know in future ETH can breakout BTC pair or not.

Many only seem to care about the price of ETH in dollars but as of late ETH is unable to recover and breakout out of BTC, when that happens this could be an indication of an impending altcoin season, but even now ETH cannot do it, it seems all the interest from new and old investors is on bitcoin, the bitcoin dominance which has been going down slightly during the last weeks is once again above 67% and if we reach a new all time high then it could be even higher than that.

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Quote from: Jating on October 25, 2019, 07:37:31 AM

Quote from: Genemind on October 25, 2019, 07:07:37 AM

It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

What do you mean that Ethereum has started to recover? The price is still way below, $160, and the lowest price it got is around $80 so I don't see any recovery with it.

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

Perhaps the bear market will only benefit Ethereum, because in my opinion it will make it possible to get rid of all the junk coins that are on the cryptocurrency market and clog the Ethereum blockchain. At least Ethereum already has a transaction speed much higher than Bitcoin and this already makes it a direct competitor and a contender for a leadership position. For some reason, it seems to me that in the near future we will be able to see Ethereum as a means of payment much faster than this will happen with Bitcoin. In addition, the erc20 platform is really a very good opportunity for new projects, but only in this case it would not hurt to carry out a certain control among all new projects in order to avoid fraud.

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Quote from: Clement Kaliyar on October 23, 2019, 06:17:12 AM

Quote from: hamdi on October 09, 2019, 09:30:39 AM

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

We have a Ethereum fan here, looks like you made a billion dollars with all the DEFI contracts and custom tokens and a few billions is shared by the scammers Tongue

. If bitcoin is a rigid dinosaur then Ethereum is the scammer free heaven where any stupid could create a token and sell them for money and fool people and what about the network issue they are facing now, Ethereum is called the world computer but the network is congested as shit Tongue

.
The transaction fees in bitcoin is really low how is the fees in the ETH network now ? Tongue

.

Ethereum is not a poor digital coin. Though it is not too much profitable but again, it has remain at the top of altcoins since beginning. However, it is not a coin that can be compared with bitcoin. Actually, there is no asset on the face of Earth that can be called as rival or potential enough to beat bitcoin. Bitcoin is the best of the best and it is the whole reason why altcoins like ethereum are still alive.

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Quote from: Jating on October 25, 2019, 07:37:31 AM

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

I agree. I have bought myself into Ethereum because I'm more than interested in how the POS plan will work out, so I made sure I have at least 32ETH to be able to stake on my own.

I do have to say that I'm 50/50 on this because I'm not entirely sure if Ethereum will be leaving POW entirely, which increases the odds of a chain split because the miners obviously don't look forward to that.

If it turns out to be one big failure in the end, I'm still fairly sure that I'm turning a profit because my average overall buying price is ~$100 per coin.... a lot needs to happen for Ethereum to drop below $100 again.

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Quote from: Jating on October 25, 2019, 07:37:31 AM

~snip~
The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

I saw this in the article somewhere out there that they are going to have a new version of Ethereum and the fess quite high and almost the same with bitcoin. But I forgot where I did found those articles. But in my personal opinion, Ethereum will remain altcoin and it is impossible to bypass the current price of bitcoin. But we really don't know and hoping always bitcoin is on the top of the crypto price always.

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Quote from: Genemind on October 25, 2019, 07:07:37 AM

It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

What do you mean that Ethereum has started to recover? The price is still way below, $160, and the lowest price it got is around $80 so I don't see any recovery with it.

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

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Your analysis is good Enough.but if you go back to 2017 i saw bitcoin price was 2000$ that time eth was something like 0.04 to 0.038/ETH.Now ETH is 0.02btc/ETH.still lower than before.in my conclusion ETH is not breaking out of btc pair even lower than before.I don't know in future ETH can breakout BTC pair or not.

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It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

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Quote from: Wend on October 24, 2019, 08:13:02 AM

Quote from: Tungsten-1 on October 23, 2019, 04:29:58 AM

Quote from: supercanada1 on October 19, 2019, 04:14:24 AM

Quote from: ufaiz50 on October 17, 2019, 11:41:06 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC.

Nothing can beat bitcoin for sure. Bitcoin is the whole reason why altcoins are surviving in this world. Ethereum is nothing without bitcoin. The whole digital coin depends on the king of crypto currencies, bitcoin. As far as the matter of dominance goes, bitcoin was is and will remain the dominant and no coin can takes it place. All of us can blindly trust bitcoin and altcoins need it for their survival.

At least there are still investors who are completely aware of the worth and potential of bitcoin. Bitcoin is soon going to again jump to 15k usd above by the next year beginning. If we want to see soon increase in the value, we ought to keep supporting bitcoin by either keeping it in wallets or by buying more and more of it.

Im still fan of bitcoin its more than years im using and buying some bitcoin from the market, And bitcoin its not easy to surpass in any coins even do from the top coin list in the market. And its true bitcoin can be going to pump again and reach $15k or $20k in a future for bitcoin but now bitcoin are struggle and drop on the price of $7k but it can recover soon we need to wait for now.

If you are with bitcoin then bitcoin is also with you. I mean to say, bitcoin makes its loyal investors rich and improves their living standards. It is due to this digital currency that even teenagers like Eric become millionaire. It wont be wrong if we call bitcoin a miracle. It is one amazing innovation which does not only gives back big rewards but also is the future of our money.

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Quote from: Tungsten-1 on October 23, 2019, 04:29:58 AM

Quote from: supercanada1 on October 19, 2019, 04:14:24 AM

Quote from: ufaiz50 on October 17, 2019, 11:41:06 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC.

Nothing can beat bitcoin for sure. Bitcoin is the whole reason why altcoins are surviving in this world. Ethereum is nothing without bitcoin. The whole digital coin depends on the king of crypto currencies, bitcoin. As far as the matter of dominance goes, bitcoin was is and will remain the dominant and no coin can takes it place. All of us can blindly trust bitcoin and altcoins need it for their survival.

At least there are still investors who are completely aware of the worth and potential of bitcoin. Bitcoin is soon going to again jump to 15k usd above by the next year beginning. If we want to see soon increase in the value, we ought to keep supporting bitcoin by either keeping it in wallets or by buying more and more of it.

Im still fan of bitcoin its more than years im using and buying some bitcoin from the market, And bitcoin its not easy to surpass in any coins even do from the top coin list in the market. And its true bitcoin can be going to pump again and reach $15k or $20k in a future for bitcoin but now bitcoin are struggle and drop on the price of $7k but it can recover soon we need to wait for now.

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Quote from: hamdi on October 09, 2019, 09:30:39 AM

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

If it wasn't for bitcoin then this market will not exist at all, at least have some respect for the coin that still is the best in the world and that most likely will remain that way for a very long time, I know some members of the forum are not really happy about the speed of the development of bitcoin, but when there is so much money invested already in it you cannot risk making a mistake and then losing credibility, the developers need to make sure that whatever change they apply to bitcoin it works flawlessly.

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Quote from: hamdi on October 09, 2019, 09:30:39 AM

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

We have a Ethereum fan here, looks like you made a billion dollars with all the DEFI contracts and custom tokens and a few billions is shared by the scammers Tongue

. If bitcoin is a rigid dinosaur then Ethereum is the scammer free heaven where any stupid could create a token and sell them for money and fool people and what about the network issue they are facing now, Ethereum is called the world computer but the network is congested as shit Tongue

.
The transaction fees in bitcoin is really low how is the fees in the ETH network now ? Tongue

.

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Quote from: supercanada1 on October 19, 2019, 04:14:24 AM

Quote from: ufaiz50 on October 17, 2019, 11:41:06 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC.

Nothing can beat bitcoin for sure. Bitcoin is the whole reason why altcoins are surviving in this world. Ethereum is nothing without bitcoin. The whole digital coin depends on the king of crypto currencies, bitcoin. As far as the matter of dominance goes, bitcoin was is and will remain the dominant and no coin can takes it place. All of us can blindly trust bitcoin and altcoins need it for their survival.

At least there are still investors who are completely aware of the worth and potential of bitcoin. Bitcoin is soon going to again jump to 15k usd above by the next year beginning. If we want to see soon increase in the value, we ought to keep supporting bitcoin by either keeping it in wallets or by buying more and more of it.

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Quote from: ufaiz50 on October 17, 2019, 11:41:06 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC.

Nothing can beat bitcoin for sure. Bitcoin is the whole reason why altcoins are surviving in this world. Ethereum is nothing without bitcoin. The whole digital coin depends on the king of crypto currencies, bitcoin. As far as the matter of dominance goes, bitcoin was is and will remain the dominant and no coin can takes it place. All of us can blindly trust bitcoin and altcoins need it for their survival.

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Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC.

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Ether is really a good altcoin when compared to any other altcoin. It has great potential since its better tech wise and has far better use cases than bitcoin.
Doesn't mean that it will beat bitcoin in terms of price any time soon. I really like ETH and BTC and so I have equally invested in both while keeping high hopes from ETH since has more room to grow then BTC Tongue

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Quote from: Swordsoffreedom on October 14, 2019, 04:46:41 AM

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

Are they mate? What kind of competition are you talking about because I do not see any here, there is no way that ripple can ever compete with Ethereum. When you look at both of them technology wise, Ethereum has a stronger technology, and when you look at them community wise, the community of Ethereum is very much better than that of ripple, also let us look at it from the angle of total market cap.

Forget that ripple is pumping xrp artificially, there is a limit to which they can pump the coin which will never be forever, and finally, which coin truly stands for the purpose of cryptocurrency decentralization, isit not Ethereum? So, tell me why you are exactly comparing the both coin when you should not be doing so? It is better you focus on Ethereum than ripple.

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Quote from: maydna on October 15, 2019, 01:40:18 AM

Quote from: Beparanf on October 15, 2019, 12:23:12 AM

Quote from: Swordsoffreedom on October 14, 2019, 04:46:41 AM

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

That will be difficult to beat ethereum since XRP needs to increase its volume to compete. Perhaps, that will not happen in a short time but who knows because everything on the market will be possible to happen, especially if there is a strong back up for that coin. Ethereum itself need time before the price can increase. I guess that will depends on how strong the support for ethereum because the ethereum price is not going to increase in a short time too.

But ethereum will have a chance to break 0.03 btc in this month or next month, and I guess that it will increase so high when the update of the ethereum project release in the next year. Ethereum still at the no.2 at CMC and that will not easy to replace the ethereum position at the coinmarketcap list.

The fact is that recently I began to notice the fact that Ethereum is becoming an independent coin, which will not be affected by the price of bitcoin. I believe that Ethereum can no longer be called altcoin. On this basis, Ethereum has a lot of opportunities that are reinforced by the new results of scouts, which are aimed at improving Ethereum 2.0. Nevertheless, I believe that ethereum is much more likely to take a leading position in the cryptocurrency market than Ripple. But if Ripple takes second place in the cryptocurrency market, then the first will be ethereum. Grin

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Quote from: Beparanf on October 15, 2019, 12:23:12 AM

Quote from: Swordsoffreedom on October 14, 2019, 04:46:41 AM

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

That will be difficult to beat ethereum since XRP needs to increase its volume to compete. Perhaps, that will not happen in a short time but who knows because everything on the market will be possible to happen, especially if there is a strong back up for that coin. Ethereum itself need time before the price can increase. I guess that will depends on how strong the support for ethereum because the ethereum price is not going to increase in a short time too.

But ethereum will have a chance to break 0.03 btc in this month or next month, and I guess that it will increase so high when the update of the ethereum project release in the next year. Ethereum still at the no.2 at CMC and that will not easy to replace the ethereum position at the coinmarketcap list.

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Quote from: Beparanf on October 15, 2019, 12:23:12 AM

Quote from: Swordsoffreedom on October 14, 2019, 04:46:41 AM

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

This XRP has gain 4% in just one day so and ithink around 1k satoshi increase in a week which is good for those who buy it.

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Quote from: Swordsoffreedom on October 14, 2019, 04:46:41 AM

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

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Quote from: danherbias07 on October 14, 2019, 06:27:34 PM

Sad to see that a lot of high ranking here are tryingg to bring bitcoin down in exchange for an altcoin.

Yes, let us say it is faster and cheaper with Ethereum when it comes to making transactions but that is because it is still in a good breathing position. Low usage unlike bitcoin which is being used to buy new tokens and also a first option to every company for selling anything.
That, Ethereum cannot do. The trust.

I think ethereum can be used for faster transactions because ethereum has a blockchain system that is not too dense, whereas bitcoin can send quickly, but shipping costs are more expensive because of the limited supply of bitcoin, the high price of bitcoin and the dense transactions that cause bitcoin a little slower than ethereum.

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Sad to see that a lot of high ranking here are tryingg to bring bitcoin down in exchange for an altcoin.

Yes, let us say it is faster and cheaper with Ethereum when it comes to making transactions but that is because it is still in a good breathing position. Low usage unlike bitcoin which is being used to buy new tokens and also a first option to every company for selling anything.
That, Ethereum cannot do. The trust.

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Quote from: TriplexXx on October 09, 2019, 10:20:17 AM

Don't worry the bitcoin market dominance is already falling. bitcoin market dominance reaches up to 70% of the cryptocurrency market few weeks ago but now that huge market dominance is starting to fall (66% now) and that shows a good sign that the altcoins season is coming sooner than expected.

The dominance has gone down but it is still too soon to tell what it is happening, to some this could be a period of consolidation where the price is not going to move much, after all it was really difficult for bitcoin to keep its dominance above 70%, however there are some that argue that this is the beginning of an altcoin season, and despite my doubts about it I really hope it is true since I really want to increase my bitcoin holdings and there is no better way to do that than with an altcoin season.

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Quote from: Karmakid on October 14, 2019, 04:13:45 AM

The altcoin season is coming and we should be prepared before it completely come in the cryptocurrency market. It is good for now to collect more Ethereum and other top cryptocurrency for long term investment since the altcoin market is showing some strength compare to the market of bitcoin which is on the doubt stage of the market because people don't want to get into bitcoin without any clear indication of trend.

That's what I observed and telling also and not just for Ethereum, alt season is coming. Hope we are not mistake on this, and we are repeating like 2017 bullrun. But we should not over confident, just out a stop loss, because anything can happen in crypto.But for long term hold, its favorable to accumulate now, since price is low.

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The altcoin season is coming and we should be prepared before it completely come in the cryptocurrency market. It is good for now to collect more Ethereum and other top cryptocurrency for long term investment since the altcoin market is showing some strength compare to the market of bitcoin which is on the doubt stage of the market because people don't want to get into bitcoin without any clear indication of trend.

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The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

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Quote from: Rodeo02 on October 13, 2019, 10:26:45 AM

I think its too early but next month we can confirm if the bull market will start or it will happen next year not for now.
It is just preparing for the bull market that will happen Q1 next year.

It can go sideways as there's also possibilities that the market movement can be created artificially from those investors who wanted to make some exit strategy. We know that every thing have it's own pattern but bitcoin needs to be first in moving strongly then solid alts will follow.

We can stay positively while waiting for the market to bring good sign of this strong bull to comeback. Either before the end of this year or before/after halving. ETH still have that big potential to bring huge profits.

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Yeah, Bitcoin market is going to face again a market crisis because it's fallen down again, but the total cryptocurrency platform is based on the Bitcoin price, I think Bitcoin is the main thing on this platform, so it's not an easy way to make an alternative coin, if you think this is Eth then that will be not fair, Ethreum is still a long way to go because in order to make an alternate then you also have the capacity to cover it, But Bitcoin has been reached a milestone and It has got tremendous popularity in recent time, not only that but also Bitcoin has been accepted around the many platforms and already some countries are taking this platform for the future purpose. so it looks not easy to break out BTC pair for ETH.

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Quote from: crossabdd on October 13, 2019, 10:23:11 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

yes guys, it's already seen. I also see that eth has broken the falling pattern. and start forming new bullrun patterns. and that's not only for ETH. there are some altcoins that do that, and start a new hike with a small pump. I started to believe, altcoin sessions will come soon. just waiting for BTC confirmation to go back up. and all will follow that.

I think its too early but next month we can confirm if the bull market will start or it will happen next year not for now.
It is just preparing for the bull market that will happen Q1 next year.

crossabdd

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Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

yes guys, it's already seen. I also see that eth has broken the falling pattern. and start forming new bullrun patterns. and that's not only for ETH. there are some altcoins that do that, and start a new hike with a small pump. I started to believe, altcoin sessions will come soon. just waiting for BTC confirmation to go back up. and all will follow that.

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Quote from: Goodvalony on October 12, 2019, 04:26:14 PM

we re not seeing any break out pair. the market is trying to maintain balance and avoid a total collapse. eth is struggling to maintain support against the bucoin. untill we se the bitcoin raised properly, then can we see ethereum breaking out to what ever price it is destined to be,

Bitcoin should start the uptrend first before the altcoins follow and ETH is just pumping small to save the coin from falling down. I believe we hit the bottom and with ETH it will start to grow before its update on January. I do support ETH and I hold this coin to gain profit aside from my bitcoin profit.

Goodvalony

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we re not seeing any break out pair. the market is trying to maintain balance and avoid a total collapse. eth is struggling to maintain support against the bucoin. untill we se the bitcoin raised properly, then can we see ethereum breaking out to what ever price it is destined to be,

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The keyword here is might, but after looking at the price today, I don't see any trickle down effect, still the alts are bleeding furiously and no one is moving which indicates that the sideway patterns may continue up to the end of the month.

Quote from: Willitivity on October 11, 2019, 06:06:03 PM

Actually, this shows a bullish diversion for ETH and might have a trickle down effect to other alts but that doesn't mean alt season is here as everyomay claim. BTC dominance can grow back in a short while and we'll be back to alts bleeding out. I believe some pretty cool news surrounding ETH this week was the reason for the little breakout we saw.

And there's no cool news surrounding ETH this week as well, the only big news will come next year when ETH 2.0 will go on production. Community still believes in Ethereum 2.0 despite scaling challenges.

Willitivity

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Actually, this shows a bullish diversion for ETH and might have a trickle down effect to other alts but that doesn't mean alt season is here as everyomay claim. BTC dominance can grow back in a short while and we'll be back to alts bleeding out. I believe some pretty cool news surrounding ETH this week was the reason for the little breakout we saw.

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Quote from: Murat on October 10, 2019, 04:02:02 AM

Bitcoin price is way too high that's why most the people looking to buy ETH. ETH has the potential to go as big as BTC in the market. With ETH you can do send or receive also you can get services from ETH Dapps. Also recently we heard the news from big liquidity groups that institutional investors are investing in altcoins such as ETH LTC BCH etc. In the altcoin market, ETH is always the leader in the altcoin market and the price correction already happened. I think we would not see the 52 weeks low 82 USD again in the near future. For me, it's great time to get in ETH as people already started investing in ETH.

Analyzed by who? Are people after the price or after a coin that is functioning well and giving profit from time to time, the mistake many people do make is that they feel they have to buy the whole of bitcoin to make an investment. Let me tell you this, the increase in bitcoin is always greater than that of Ethereum, you will find out that if Ethereum is $150, if you buy the $150 worth of it in bitcoin, you will get more profit than holding 1 Ethereum worth the $150.

It is just a bad mentality that we have to purchase a whole of bitcoin, and that is why many people are thinking bitcoin is expensive to purchase now, and while we are saying this, people are still purchasing lots of bitcoin regularly. Is it not people that do buy 0.1 btc? Or are you not counting that has an investment because it is not up to 1 btc?

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Quote from: hamdi on October 09, 2019, 09:30:39 AM

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

nope its impossible to happen because bitcoin potential is very different if we make a comparison with ethereum. And in fact the percentage of the demand in the market is too far , so there's no way it will happen in the future . in my opinion there's a possibility to make a ATH but when it comes overtaking bitcoin well that's difficult. So i suggest stop assuming too much when it comes ethereum or alts because you know they are very weak when there's a bullish in the market. Regards.

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As per this weeks Crypto Technical Analysis, Bitcoin has suddenly jumped by $500, up from $8,200 to a recent high of $8,700 and currently trade at $8,380. It’s not clear why bitcoin rose, but it looks like this has more to do with Ethereum than BTC. That’s because Ethereum moved a bit earlier and a bit faster, rising from $179 to $195 and currently trade at $186.

The reason for this breakout would be due to the launch of ethereum 2.0 genesis block in January. Also, UNICEF said -

Quote

“will now be able to receive, hold and disburse donations of cryptocurrencies ether and bitcoin, through its newly-established UNICEF Cryptocurrency Fund."

All these factors lead to the bullishness of Cryptocurrencies.

Source

MonsterV

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Quote from: dark08 on October 11, 2019, 03:36:23 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Your analysis is good but based on my experienced and analysis on ethereum it's still follow on the move of bitcoin in other words if bitcoin will go down right now ethereum will also follow this is the power of bitcoin, but yet its a good move for ethereum to hold the $180+ level.

Well it's true that bitcoin and ethereum will always be correlated. Maybe @OP got good news about ethereum from its analysis but @OP only did a single analysis on the pair. Even though ethereum charts shows good but bitcoin chart shows opposite, ethereum will not be able to fight bitcoin because they are correlated.

Like the picture below, maybe yesterday ethereum chart was good because the state of bitcoin had broken resistance but now situation has turned back and let's look at the next situation.

darkangel11

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Quote from: palle11 on October 11, 2019, 06:31:26 AM

Quote from: Yamifoud on October 11, 2019, 04:36:20 AM

but I have confidence that it will move back to $200-$300 before we end up this year. But as many says, only it happens if bitcoin will also move.

In this history of cryptocurrency, bitcoin has never been down while altcoins increase and it is not going to happen now, I don't think so. In 2017 , it was bull for bitcoin likewise also altcoins.
In 2018 till now, same bear and bull for bitcoin and altcoin is still trying to come up . So bitcoin has always been the guard to the move up or down.

Not in general but single altcoins used to pump when Bitcoin was not. Especially altcoins with low volume.
ETH is pumping because there's going to be a hard fork and people are stacking up as always. When BCH was about to fork it pumped and then dumped after the fork. It has nothing to do with Bitcoin and its price.

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Quote from: Yamifoud on October 11, 2019, 04:36:20 AM

but I have confidence that it will move back to $200-$300 before we end up this year. But as many says, only it happens if bitcoin will also move.

In this history of cryptocurrency, bitcoin has never been down while altcoins increase and it is not going to happen now, I don't think so. In 2017 , it was bull for bitcoin likewise also altcoins.
In 2018 till now, same bear and bull for bitcoin and altcoin is still trying to come up . So bitcoin has always been the guard to the move up or down.

BitHodler

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Quote from: dark08 on October 11, 2019, 03:36:23 AM

Your analysis is good but based on my experienced and analysis on ethereum it's still follow on the move of bitcoin in other words if bitcoin will go down right now ethereum will also follow this is the power of bitcoin, but yet its a good move for ethereum to hold the $180+ level.

Everything is very much still connected to what Bitcoin does unless there is an altcoin season, which I don't see happen any time soon. People need to be aware of that and make a rational decision and not just fomo in.

A lot of people have been trapped in buying overly expensive altcoins because they were "breaking out" in a bullish way. Bitcoin did not agree with that and the whole market took a massive dive as result of that.

I think that if Bitcoin goes back to $5-$6k, we might see Ethereum back to $100-$120 which I will use to stack up on Ethereum. I did so last year and I'll happily do it again. It's too good of an opportunity to say no to.

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Quote from: dark08 on October 11, 2019, 03:36:23 AM

Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Your analysis is good but based on my experienced and analysis on ethereum it's still follow on the move of bitcoin in other words if bitcoin will go down right now ethereum will also follow this is the power of bitcoin, but yet its a good move for ethereum to hold the $180+ level.

This reminds me of first quarter of 2018 wherein the downfall of bitcoin started early but ETH was at it's all time best value and survived there for approximately 3 months then ETH started to fall as well. I believe that the growth of all the altcoins are related to bitcoin's growth. I think it will take ages for altcoins to perform individually.

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It was just a looked but no really it was. Ethereum won't go far without the help of bitcoin, not even to see it now for sure cause Bitcoin still not moving back into high again. Ethereum is still at $180 plus, that it looks a sustaining price up today. Weren't be sure that it drop more but I have confidence that it will move back to $200-$300 before we end up this year. But as many says, only it happens if bitcoin will also move.

Though it looks positive since we are in the BER months which most bull run occurs but, of course, we can't still give assurance of that unless the market makes a progressive growth started this month.

dark08

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Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Your analysis is good but based on my experienced and analysis on ethereum it's still follow on the move of bitcoin in other words if bitcoin will go down right now ethereum will also follow this is the power of bitcoin, but yet its a good move for ethereum to hold the $180+ level.

Hypnosis00

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Quote from: iamzill on October 10, 2019, 03:56:23 AM

if we look in more detail ETH actually still has a chance to rise and will not come out of the btc pair. but now the altcoin market seems to be experiencing signs of rising slowly, we can wait for that moment for ETH to go up

All crypto coins have that chance, this is how the market plays actually. What we could see with ETH now is still doing great. We can't say that the market isn't healthy all, in fact, we're not dropping more as what we've experienced early this year, we are actually at high...enough to say that the market is still healthy.
I supposed to think that we might be having a few pumps this quarter but it looks like we missed again.

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Quote from: asyakashi on October 09, 2019, 09:28:03 AM

Many predict that the altcoin season has begun and market dominance over altcoin is starting to increase.
this will have a big effect on altcoin, Ethereum still has a chance to continue going up in line with this positive trend.
stay careful with rising bitcoin prices.

Yes, it starts to increase, but bitcoin still dominance at the market. We look in a few hours ago when the bitcoin price was down again, the altcoin was down too. But the other altcoin still trying to increase, but that is not easy in the middle of bitcoin dominance. That also happens with ethereum, in which the price is not growing too significant. There are many possibilities when the altcoin, especially ethereum, can break the higher price, and there is no reason for the altcoin to increase higher.

electronicash

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yes good to see altcoins are rising. i'm not of an altcoin, though its not going to rise that much but if you have about more than a million to 5 million, it must be a huge gain.
noticed you are in bitmex chart, i'm not really using Stoch RSI but i can see you do in your chart its that the default (1.3,14,14, close) and your RSI (14,close) can this setting help for day trading?

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if we look in more detail ETH actually still has a chance to rise and will not come out of the btc pair. but now the altcoin market seems to be experiencing signs of rising slowly, we can wait for that moment for ETH to go up

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Bitcoin price is way too high that's why most the people looking to buy ETH. ETH has the potential to go as big as BTC in the market. With ETH you can do send or receive also you can get services from ETH Dapps. Also recently we heard the news from big liquidity groups that institutional investors are investing in altcoins such as ETH LTC BCH etc. In the altcoin market, ETH is always the leader in the altcoin market and the price correction already happened. I think we would not see the 52 weeks low 82 USD again in the near future. For me, it's great time to get in ETH as people already started investing in ETH.

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Quote from: Chaintrader_1 on October 09, 2019, 07:28:34 AM

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

That looks like a mere coincidence and looks different viewed from a different time frame. While ETH is great, I don't think it has the capability to decouple itself from Bitcoin's fate just yet. Bitcoin dominance is at it's peak based on recent events and i dont see that changing anytime soon.

We'll have to see when and IF ethereum goes version 2.0 or proof-of-stake, but even that is a big IF.

farlack

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I think optimal price for ethereum is 0.05 btc, so 430 $ is possible to achieve.
But in short term I think it is perfect point to short ethereum and we can make a really good deal.
Yes, 190-195 is perfect zone for long term short

BitHodler

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Quote from: djselery on October 09, 2019, 11:31:59 AM

There are some signs that the altcoins market is going to recover again during the few coming weeks and months.

People have been pointing at signs of altcoin recovery this whole year and none of them have done much other than go down. BNB has been somewhat of an exception, but it has been beaten down too lately.

It makes much more sense to let the market bottom out before being bullish.... when Bitcoin takes another dump we're back to square one. Great time for satoshi stackers, not so much for get rich quick noobs. Accept that.

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There are some signs that the altcoins market is going to recover again during the few coming weeks and months. Bitcoin's dominance is actually falling, and ETH price is also slowly rising, so we expect that the prices of most promising altcoins are going to increase highly soon. And of course, Ethereum is the best and most popular altcoin right now.

TriplexXx

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Don't worry the bitcoin market dominance is already falling. bitcoin market dominance reaches up to 70% of the cryptocurrency market few weeks ago but now that huge market dominance is starting to fall (66% now) and that shows a good sign that the altcoins season is coming sooner than expected.

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Quote from: asyakashi on October 09, 2019, 09:28:03 AM

Many predict that the altcoin season has begun and market dominance over altcoin is starting to increase.
this will have a big effect on altcoin, Ethereum still has a chance to continue going up in line with this positive trend.
stay careful with rising bitcoin prices.

Dominance is still way above the 60% margin. So be able to say that altcoin is really making a recovery, dominance should be cut like in the 40%-45% in my opinion. But then again, someone will argue that we really don't see the real picture if you are going to gauge bitcoin's dominance so it's a moot argument.

So I don't think that ETH though is breaking out of BTC pair. After all all coins still rely on BTC so it's hard to say that some coin are having its own course and totally dependent of BTC, just saying.

hamdi

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its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

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Many predict that the altcoin season has begun and market dominance over altcoin is starting to increase.
this will have a big effect on altcoin, Ethereum still has a chance to continue going up in line with this positive trend.
stay careful with rising bitcoin prices.

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Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

Topic: Looks likes ETH is breaking out of BTC pair (Read 692 times)