Hi
I see that in the fall of the cryptocurrency since last one quarter or so, ETH has been relatively weaker with respect to BTC.
Currently BTC is still well above its lows made in February, while Ether has broken well below its Feb lows and languishing much lower. Just wondering, what is that so despite the fact that ETH blochchain has many applications on it.
I need a reasoning for relative weakness and not why every thing is falling in general.
The majority of people are thinking about the social media advertising through facebook and twitter give a lot of impact on the publication of the majority platform that runs in ethereum blockchain.
Remember the latest news about the publicy companies are still able to advertise on the facebook or twitter i guess.
In fact, whales try to give another pressure to the market.
After EOS team was dumping a lot of ethereum to the market and that gives the more possibility to the whales to take off ethereum to the bottom.
Remember a lot of people interested in ico since the last year. If those are pulling out their money and ether will get worst chart rather than bitcoin.