Those growths are normal and expected to happen especially if we take Ethereum as an example of one of the top-performing altcoins.
Just look at over a week since this thread is created. No altcoins season happened but a usual growth on some coins. There's no reason for their recent price increase, just a usual hype, and consistency in the market.
Topic: Reasons why Ethereum keep rising while Bitcoin on a stable mode - page 2. (Read 371 times)
September 11, 2021, 05:28:17 AM
September 11, 2021, 05:09:25 AM
Many altcoins are also doing great lately even when the market is down their keep rising such as Hex token which is still on a bull run for the past two months this shows that the altcoin market, ethereum is at a more stable price trend this week.
Only HEX tokens are in a good trend, while other Altcoin markets like Ethereum are not in a good trend even though the price still looks very decent, but if Bitcoin crashes again like a few days ago, then Ethereum will follow suit.I have to disagree with what OP had said as it was not the market it looks like. He probably misses the trend where Bitcoin does the rally first while ETH is still on the wait.
Well, Bitcoin is recently declining, Let see how ETH behaves in the coming days. Maybe I was wrong but for sure ETH price will just fall as well.
September 11, 2021, 04:45:31 AM
Many altcoins are also doing great lately even when the market is down their keep rising such as Hex token which is still on a bull run for the past two months this shows that the altcoin market, ethereum is at a more stable price trend this week.
Only HEX tokens are in a good trend, while other Altcoin markets like Ethereum are not in a good trend even though the price still looks very decent, but if Bitcoin crashes again like a few days ago, then Ethereum will follow suit. September 11, 2021, 04:15:07 AM
And lately bitcoin and ethereum have experienced a sharp decline and are followed by other altcoins. And this really has a big impact on some people who have bitcoin and ethereum assets so whether they will be frustrated, I don't think so. And hopefully in the future the price of bitcoin and other altcoins can be stable again
I do not think they are frustrated to see bitcoin and ethereum prices dropping, but some can feel frustrating because they are not confident of holding bitcoin or ethereum even in this bloody market.Bitcoin and ethereum prices will increase again soon and the price will rise more than the last higher price so they do not have to worry at all.
Instead, prepare their bitcoin or ethereum when the price starts to increase.
Some people use this moment to accumulate more bitcoin and ethereum because they see the price is at a low price and if they do not use this moment, they will lose the chance to make a big profit later.
September 11, 2021, 01:53:35 AM
I have a feeling that this crazy altcoin boom is not viable in the long run. Bitcoin dominance has now declined to 41%, down from the level of 47% we had a few weeks ago. That means that even if we take out the stablecoins (~7% of the total market cap), the altcoins now comprise the majority of cryptocurrency market cap. And that doesn't make sense, because for these coins the acceptability is just a fraction of that of Bitcoin. Either the alts are heavily inflated, or Bitcoin is underpriced.
Most likely Bitcoin's dominance in the cryptocurrency market will decline as the influence and development of altcoins will continue to grow. I think that soon we will get used to the fact that the dominance of bitcoin will be below 50% and will fluctuate between 35-50% and this will become the norm in the future.
Altcoins somehow are legitimized themselves when institutions started believing in them because of the DEFI. As long as ETH and the rest of the altcoins like BNB continue to earn developers to build projects in them, they will also gain popularity and have a higher value. Institutions are buying altcoins like ETH, DOT and SOL thus reducing the BTC dominance, but it doesn't mean BTC will be in the stable mode for a long time. It will start to build up again and sees the price continue up again.
September 11, 2021, 01:38:32 AM
I have a feeling that this crazy altcoin boom is not viable in the long run. Bitcoin dominance has now declined to 41%, down from the level of 47% we had a few weeks ago. That means that even if we take out the stablecoins (~7% of the total market cap), the altcoins now comprise the majority of cryptocurrency market cap. And that doesn't make sense, because for these coins the acceptability is just a fraction of that of Bitcoin. Either the alts are heavily inflated, or Bitcoin is underpriced.
Most likely Bitcoin's dominance in the cryptocurrency market will decline as the influence and development of altcoins will continue to grow. I think that soon we will get used to the fact that the dominance of bitcoin will be below 50% and will fluctuate between 35-50% and this will become the norm in the future.
September 11, 2021, 12:00:09 AM
I have a feeling that this crazy altcoin boom is not viable in the long run. Bitcoin dominance has now declined to 41%, down from the level of 47% we had a few weeks ago. That means that even if we take out the stablecoins (~7% of the total market cap), the altcoins now comprise the majority of cryptocurrency market cap. And that doesn't make sense, because for these coins the acceptability is just a fraction of that of Bitcoin. Either the alts are heavily inflated, or Bitcoin is underpriced.
Most likely Bitcoin's dominance in the cryptocurrency market will decline as the influence and development of altcoins will continue to grow. I think that soon we will get used to the fact that the dominance of bitcoin will be below 50% and will fluctuate between 35-50% and this will become the norm in the future.
I don't agree with your statement. Altcoin market share of >50% is not justified by their acceptance levels. For payments, in the vast majority of the cases BTC is being used. Usage of ETH for this purpose has gone down tremendously, due to two factors mainly - sky high transaction fee for Ethereum, and due to the decline in BTC transaction fee (as a result of more and more users moving to Lightning Network). And for the other coins such as LTC, BCH, ETC and XLM, I don't think that there have been any noticeable increase in acceptance in the recent times.
September 10, 2021, 11:36:55 PM
And lately bitcoin and ethereum have experienced a sharp decline and are followed by other altcoins. And this really has a big impact on some people who have bitcoin and ethereum assets so whether they will be frustrated, I don't think so. And hopefully in the future the price of bitcoin and other altcoins can be stable again
September 10, 2021, 02:28:20 PM
Many altcoins are also doing great lately even when the market is down their keep rising such as Hex token which is still on a bull run for the past two months this shows that the altcoin market, ethereum is at a more stable price trend this week.
September 06, 2021, 06:56:05 PM
ETH will keep growing because it has real world usability unlike Bitcoin. Bitcoin holds value and keeps your money safe from inflation and things like that, ETH can be used for NFTS and other projects which gives it a usability factor. Bitcoin and ETH have very different purposes in the crypto space.
September 05, 2021, 06:24:46 AM
In my opinion, besides ETH is a good investment, there are many factors that play a role so that the movement of Ethereum continues to increase when Bitcoin is in stable mode, including the utility level of a token, market sentiment, and daily high and low demand and this has its own influence on cryptocurrency prices.
if I'm not mistaken, To be sure how long it will take bitcoin to resize before rising against the dollar usually for market analysis focuses on the price of the coin and following the trend at the time.
if I'm not mistaken, To be sure how long it will take bitcoin to resize before rising against the dollar usually for market analysis focuses on the price of the coin and following the trend at the time.
Aside from that, I believe most of eth holders are hoping that very soon once the gas fees under eth network goes down, the demand will surge again. And so far, we haven't felt the impact of the london hard fork. When things start to clear up, and actually experience the benefits of this fork, more than likely, eth will attract more buyers or investors which can easily contribute to the increase of price in the market.
September 05, 2021, 06:07:06 AM
I have a feeling that this crazy altcoin boom is not viable in the long run. Bitcoin dominance has now declined to 41%, down from the level of 47% we had a few weeks ago. That means that even if we take out the stablecoins (~7% of the total market cap), the altcoins now comprise the majority of cryptocurrency market cap. And that doesn't make sense, because for these coins the acceptability is just a fraction of that of Bitcoin. Either the alts are heavily inflated, or Bitcoin is underpriced.
Most likely Bitcoin's dominance in the cryptocurrency market will decline as the influence and development of altcoins will continue to grow. I think that soon we will get used to the fact that the dominance of bitcoin will be below 50% and will fluctuate between 35-50% and this will become the norm in the future.
September 05, 2021, 12:45:27 AM
It is not a surprising fact for me that altcoins follow Bitcoin’s trends.
The rise of Bitcoins is always a signal of positive movements of altcoins in the future. What is more, when Bitcoin increases by 10%, altcoins can increase by 100%. So the lower market cap is, the bigger growth can be. As Ethereum’s market cap is several times lower than bitcoin’s, it can increase stronger.
The rise of Bitcoins is always a signal of positive movements of altcoins in the future. What is more, when Bitcoin increases by 10%, altcoins can increase by 100%. So the lower market cap is, the bigger growth can be. As Ethereum’s market cap is several times lower than bitcoin’s, it can increase stronger.
September 04, 2021, 11:40:25 PM
I have a feeling that this crazy altcoin boom is not viable in the long run. Bitcoin dominance has now declined to 41%, down from the level of 47% we had a few weeks ago. That means that even if we take out the stablecoins (~7% of the total market cap), the altcoins now comprise the majority of cryptocurrency market cap. And that doesn't make sense, because for these coins the acceptability is just a fraction of that of Bitcoin. Either the alts are heavily inflated, or Bitcoin is underpriced.
September 04, 2021, 11:39:09 PM
In my opinion, besides ETH is a good investment, there are many factors that play a role so that the movement of Ethereum continues to increase when Bitcoin is in stable mode, including the utility level of a token, market sentiment, and daily high and low demand and this has its own influence on cryptocurrency prices.
if I'm not mistaken, To be sure how long it will take bitcoin to resize before rising against the dollar usually for market analysis focuses on the price of the coin and following the trend at the time.
if I'm not mistaken, To be sure how long it will take bitcoin to resize before rising against the dollar usually for market analysis focuses on the price of the coin and following the trend at the time.
September 04, 2021, 10:47:17 PM
So you want it to happen at the same time, we all see how BTC is recovering from the big drop, and now the altcoin rally is next.
I don't think it's a problem to analyze when looking at the current state of the market everything is great, now there won't be a lot of people who believe that the price will drop.
I don't think it's a problem to analyze when looking at the current state of the market everything is great, now there won't be a lot of people who believe that the price will drop.
I also think the same way, I think the price of bitcoin is also gradually increasing over time and right now the price is $50,000. I think this is such a good news for us, the increasing price of bitcoin will unlock the potentially increasing price for the alts too and we can see the green chart in the market.
September 04, 2021, 10:27:05 PM
Back question for you,
Why does ETH increase, BTC needs to increase or decrease?
The problem is already in the price, and sometimes we complicate ourselves as well as others. In this area one has to ask a lot of nonsense and impose it on many people's point of view, let go of these limitations and instead just feel what it is.
Why does ETH increase, BTC needs to increase or decrease?
The problem is already in the price, and sometimes we complicate ourselves as well as others. In this area one has to ask a lot of nonsense and impose it on many people's point of view, let go of these limitations and instead just feel what it is.
September 04, 2021, 07:58:06 PM
As the price goes high, the fees also do the same thing while other network is pumping as well, yet the fees are still reasonable. I know ETH is a good one, i do have this one but the fees is slowly killing the small investors, I thought the fork finally address this issue, but its not working. Anyway, Bitcoin goes up altcoins will follow later on and this has been my thinking since then because it always happen.
September 04, 2021, 07:52:10 PM
You must dig some news on the crypto new site. The high fees were making people to pay more to did the transaction in ethereum and this is also making ethereum to be deflationary as sometimes the production by miners are less compared with ethereum that were getting burned. This is making people are buying more and more with the hope that if the supply can be less from time to the time.
That's why the price of ethereum increases even higher than bitcoin this time. Bitcoin needs a big news to pump its price while ethereum can do that by implement a very good update as a technical reason.
The fees on ethereum network were so crazy and im stay away from ether chain as i didn't wanna spent a threedigits amounts of money just to pay the fees
That's why the price of ethereum increases even higher than bitcoin this time. Bitcoin needs a big news to pump its price while ethereum can do that by implement a very good update as a technical reason.
The fees on ethereum network were so crazy and im stay away from ether chain as i didn't wanna spent a threedigits amounts of money just to pay the fees
September 04, 2021, 07:51:21 PM
I'm posting this site as I see this is somehow showing good thing regarding if it's altcoin season or not but unfortunately it shows not yet but it shows an altcoin month. Most alts are in surge mode right now and it's just a good sign that we are nearing I guess for another altcoin season, not to let the hopes up but I guess we are heading on that path once again.
In conclusion, the ethereum bull will only last as long as the Bitcoin ethereum pair stay down, but how long will bitcoin resize before picking up against the dollars?
Only time will tell and no one can really predict that move but with the recent recovery on exchange flows from the current May crash, I think the bulls are back. I'm confident the last quarter will just be better. Jump to: