Remember when ETH was $1400 a few years ago then crashed to $70 as BTC crashed?

StartupAnalyst

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Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.
2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

Well, you saw that Ethereum dependence on BTC, but in fact BTC influences on all cryptomarket. You can find out that all the time when BTC is surging and surging it pulls up all cryptocurrencies but when it dumps all crypto also decreases. That doesn’t mean that alts are fake, they just “follow their leader”.

hamba laeh

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Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

ethereum is still the best in my opinion. Although the current transaction fees are high, this is a common thing in cryptocurency because many users make transactions have to be more expensive. and in my opinion there is no platform that can match the use of ethereum in cryptocurency.

sangjoewara

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Quote from: Flowzer on February 26, 2021, 04:09:47 AM

In my opinion its because all of the crypto is paired with BTC, like in the Forex most of the fiat paired with USD.
So when BTC drop all crypto follows, like how USD impact most of the fiat in the world.

True, it is very logical, but in crypto not all tokens have a partner with BTC, some of them only have a pair with USDT and ETH, which can also affect the token because USDT and ETH have a partner with BTC, so the effect can be chain-linking.

Future of Bitcoin

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When OP posted this was at 1 cent. Now its 30 cent.

The big advantage of KoinOS is it uses proof of BURN which is essentially proof of stake (so low energy) but it also has the decentralization of proof of work. Everyone can mine it. Its a valid team, not scammers. They have been working together for 6 years.Interviews with them on Youtube etc. Their first project was Steem/Steemit it was pretty good til Justin of TRX ruined it and they learnt a lot from that and are now doing the most decentralized Blockchain ever. KoinOS is in my top5 altcoins that I will hold the next 5 years next to Bitcoin, I can see x100 maybe even x500. It will definitely be bigger than Avax, Polygon, Algorand.. But its still so cheap!

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Winding down.

Quote from: Denial11 on March 01, 2021, 08:39:47 AM

The fact is that Bitcoin will remain in the first position and Ethereum will be in the second one. Every crypto is related to one another because they have one thing in common, the blockchain. Still, Ethereum is better than other cryptos that are available in the market for trading. Another project that is neck to neck with Bitcoin and Ethereum is Litecoin. You can invest in this one as it is performing well since the launch. Cryptos see ups and downs just like stocks go up and down. However, what happened in the previous market crash was a renowned one. It's a normal process with every asset that is established.

Sources>> https://www.cryptoknowmics.com/news/why-ethereum-will-rise-in-2021

We don't know yet if the market will crash this time, the previous downtrend turns out to be minor correction and bitcoin is starting to pump again close to breaking back to $50k. Bitcoin has 7% increase today while ETH has 12% increase _https://coinmarketcap.com/

Denial11

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The fact is that Bitcoin will remain in the first position and Ethereum will be in the second one. Every crypto is related to one another because they have one thing in common, the blockchain. Still, Ethereum is better than other cryptos that are available in the market for trading. Another project that is neck to neck with Bitcoin and Ethereum is Litecoin. You can invest in this one as it is performing well since the launch. Cryptos see ups and downs just like stocks go up and down. However, what happened in the previous market crash was a renowned one. It's a normal process with every asset that is established.

Sources>> https://www.cryptoknowmics.com/news/why-ethereum-will-rise-in-2021

MrcMrc

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Quote from: sangjoewara on February 26, 2021, 05:10:56 AM

Quote from: Flowzer on February 26, 2021, 04:09:47 AM

the effect can be chain-linking.

The entire crypto market is chain-linking the blockchain is a system that works together even if not at the same pace but all the various aspects of work in I same direction. I don’t consider ethereum as a scam as the ops have said just because of its market movement there are so many things that slow or hinder ethereum from moving fast as bitcoin such as ethereum pair to most of the Erc20 tokens compare to bitcoin.

Flowzer

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Quote from: Yey09 on February 26, 2021, 01:59:41 AM

Everything will crash if btc will drop signficantly. Thats how crypto market always works

In my opinion its because all of the crypto is paired with BTC, like in the Forex most of the fiat paired with USD.
So when BTC drop all crypto follows, like how USD impact most of the fiat in the world.

kvok1

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Quote from: Yey09 on February 26, 2021, 01:59:41 AM

Everything will crash if btc will drop signficantly. Thats how crypto market always works

true true bro

Yey09

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Everything will crash if btc will drop signficantly. Thats how crypto market always works

JeffBrad12

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Quote from: Zeehaxan on February 25, 2021, 12:39:53 PM

Now what will you say that ETH has grown from $70 to 2000 again and is now at around 1650 after a dip and hopefully this year it will grow big to 10k range. I just hope that people start acknowledging real projects and stop calling them scam.

That's impossible to happen dude consider we are facing the bearish trend right now and there is a possibility for ethereum to go back again to the below 1500 and that means if the bearish trend could make ethereum goes down so hard.
it looks like the yearly bullish trend is starting to happen. I personally already prepared this and just convert all of my assets into a stable coin to anticipate the bad trend now.
It seems like people must have prepared themselves for this bearish trend. Bitcoin is always red. Cry

mace15

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Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

If you check the coinmarketcap Eth has the alt dominance amongst other coins. Many crypto enthusiast believes in the future of eth and you know it is not be comparable with bitcoin. Others claimed Eth as scam but many users are always on profit because they are taking the opportunity to invest and hold on Eth.

Botnake

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Quote from: hamba laeh on February 25, 2021, 01:14:17 PM

Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

ethereum is still the best in my opinion. Although the current transaction fees are high, this is a common thing in cryptocurency because many users make transactions have to be more expensive. and in my opinion there is no platform that can match the use of ethereum in cryptocurency.

Let's wait til ETH will crashed so we can see it cheap again, every time ETH crash, it always gives us an opportunity to fill our pockets, and I don't know if the bull run is already over of this is just a minor pull back for a big run to come. The trend will always happen, pump high and dump high, you should know how to treat this 2 different situation as both offers opportunity for investors.

Bitloca

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You say that ETH is a scam, but did you know that ETH has helped the lives of millions of people? If you say that ETH is a scam, then people will have dumped ETH a long time ago. But what now? on the contrary, people are increasingly getting to know ETH and are interested in investing in this digital asset. What's wrong is not ETH but you. You have misjudged ETH.

Zeehaxan

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Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

Now what will you say that ETH has grown from $70 to 2000 again and is now at around 1650 after a dip and hopefully this year it will grow big to 10k range. I just hope that people start acknowledging real projects and stop calling them scam.

Ozero

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Quote from: chaoscoinz on February 17, 2021, 02:19:13 PM

Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

I think that your opinion is quite biased and not inherent of any facts. Bitcoin is the foundation for all other cryptocurrencies so naturally if Bitcoin perishes, there is a good chance that other crypto currencies will fall with it. Ethereum is the best thing smoking right now and I feel that it may be seriously undervalued. I wish I had bought in when I first got wind of the ICO, I still remember first reading the white paper. To say that it has no value is ludicrous though.

To each his own though, my opinion! Undecided

Of course, each of us can have our own opinion regarding any of the cryptocurrencies. However, to say that ethereum is a bad coin just because it falls after bitcoin and then slowly rises up is too much. The same can, if desired, be presented to almost all cryptocurrencies. Whoever says bad things about this coin, I have a very good opinion about it and I do not intend to change it. Ethereum has accumulated many of its problems, but now it is being actively updated and it will be possible to judge it after the update.

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Quote from: CutePanda on February 24, 2021, 09:45:58 PM

ETH won't let us be dissapointed, ETH already maintained its position since 2017 as the 2nd best cryptocurrencies, so we don't need to worry about it.

They are already doing it with their transaction fees and so far there is no solution to it. Ethereum has already lost some part of it users, that simply can not afford to use it anymore. The fees has already killed small investors and project supporters. Even pre-sale bonuses does not help. Nowadays you 15$ to but 10$ worth tokens (not the best example, but still). All the projects that are started with enthusiasts will simply die out and only rich one will survive. Soon such slogan as "Ethereum only for the rich" will appear.

CutePanda

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a good point from you, but for me, i don't think that ETH will keep decreasing,
the best option for now i think this is the time to hold and be patient,
ETH won't let us be dissapointed, ETH already maintained its position since 2017 as the 2nd best cryptocurrencies, so we don't need to worry about it.

chaoscoinz

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Quote from: muenze on January 04, 2021, 10:01:10 PM

ETH really is a shitcoin with no intrinsic value. Its not a store of value since when bitcoin crashes 20% then ETH crashes 50%. When Bitcoin rises ETH barely follows, ETH is still 65% down compared to the recent BTC rise.

2018: Bitcoin $19000, ETH $1400
2021: Bitcoin $32000, ETH $1000

If you stayed in ETH you have lost more money than Enron. ETH is a scam.

There is alot of new projects that do everything better than ETH or will in the future. Let us find something better than ETH that we can all buy for cheap now have a giant distribution for everyone and then go to the moon! No need to make ETH devs and people owning 50000 ETH rich for sucking $20 transaction fees out of us.

I think that your opinion is quite biased and not inherent of any facts. Bitcoin is the foundation for all other cryptocurrencies so naturally if Bitcoin perishes, there is a good chance that other crypto currencies will fall with it. Ethereum is the best thing smoking right now and I feel that it may be seriously undervalued. I wish I had bought in when I first got wind of the ICO, I still remember first reading the white paper. To say that it has no value is ludicrous though.

To each his own though, my opinion! Undecided

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Quote from: enhu on February 16, 2021, 04:49:10 PM

Everyone who had been in crypto and had experienced the last bullrun may have learned the lesson already to dump what they have to stablecoin before everything falls apart. They know it could happen again because we had been advised over and over that history will repeat itself again. What they do now is just wait. Traders who assumes that $1800 is already the ATH had dumped already.

Exactly. I moved to fiat at $1400, thinking that it would crash soon, but Mr Elon Musk changed the fate and bought some time. Alt season is coming, and like every time it is better to be safe than late! It will happen brutally and if you are still in the game at this time, you will be under the wave for quite a long time...
I am surprised that it still standing at such a hi value with all the problems and bad news for ETH; gas price, USDT that moved to Tron chain and basically all exchanges encouraging the smart contract creators to move to TRC20 asap.
This shows that the value of the crypto is only due to pure speculation in the hand of big whales.

Topic: Remember when ETH was $1400 a few years ago then crashed to $70 as BTC crashed? (Read 1533 times)