Topic: Most of the cryptos are falling except ETH. Reason? - page 4. (Read 411 times)
Hmmmm i don't think ETH is raising? It has been playing on $680-720 for about a week now, with $742 at its peak. I dont think there's any need for explanation for this, it's pretty normal to be honest. Unlike BTC, which is constantly decreasing. It even hit $7985 as its lowest this week.
Because the BTC is going down.
So most of the tokens go down with the BTC, and ETH doesn't fall because the ICO market is getting hot, so people start buying ETH.
So most of the tokens go down with the BTC, and ETH doesn't fall because the ICO market is getting hot, so people start buying ETH.
Everything is kept on ETH, a lot of ICOs are made on its basis and produce their own tokens, and therefore its price keeps and they can fall in price because it is not clear what is going on with their projects.
That's what a good solid coin with actual use does. Ethereum is needed for the crypto, it's used to create smart contracts and relatively big number of vendors accept it. But don't think it's always rising, look at the charts. It was under $400 just a couple of months ago after it's all time high $1,400 (if I remember correctly).
Everything has been going down of late, including ETHEREUM. A few weeks ago ETHEREUM was over 800 USD and now it is just over 700 USD. The market in general is just going down and down and day traders are squeezing out every little bit of profit they can from the pumps and dumps that are happening in some coins and tokens on a daily basis. Unless we see some real institutional money coming in and mass adoption of cryptos, we will not see any better effects in the crypto markets and we will just see a general decline year after year if something does not happen.
This probably got something to do with the popularity of ICOs nowadays. For most projects, they only accept eth as a mode of contribution. With that, there would always be demand for the said coin. And as we know it, higher demand follows high price.
It's been gaining ground on Bitcoin for a while now.
I also wonder why many crypto currencies are chaotic, maybe this is due to the influence of bounty participants that are too much, or maybe because there is no more development from the developer, but we must remain patient, because all the storms will end soon
From last few days it is seen that most of the cryptos price are falling. But Etherium is going on reverse. Its price is doing good.
Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
The reason is because ETH coins are always needed and in use.Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
Example: If you want to transfer your coin to another wallet surely you need ETH for GAS transfer. And if you want to sell your coin you also need an ETH for the transfer fee.
The conclusion is that ETH is always in need for a transfer fee, so ETH will stay alive.
Someone's gotta pay their gas somehow 
Ethereum increased less then others at last cryptoboom and people believe in it's hardfork which could be this year. That's causes stable demand on this coin.
Ethereum is a good coin on its own and now it looks like ethereum is going to break out from following the price of bitcoin and go its own way. The ethereum blockchain is a good project that has the potential to stand on its own without relying on the price of bitcoin for its own price like the other coins in the market do. I think we should all give it time and it will break out completely from under the shadow of bitcoin.
What type of price tracker you are using? Most of the crypto's are falling down in most of the trackers so why there's too much hype for ETH?
From last few days it is seen that most of the cryptos price are falling. But Etherium is going on reverse. Its price is doing good.
Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
As in my own prediction ethereum why would still pump now in the market because its usable in the market now,and it is the only coins that contains ERC20 ,that mostly used in the market ,therefore the supply in some exchange trading is inadequate and they want to fill it up by buying those investor who holding more ethereum in there wallet in accordance what the trade value in the blockchain market.
From last few days it is seen that most of the cryptos price are falling. But Etherium is going on reverse. Its price is doing good.
Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
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