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Topic: What Happened with ETH ? (Read 5594 times)

full member
Activity: 854
Merit: 101
September 24, 2019, 11:18:30 AM
Ethreum is with some problems in the market now and as what i am always tell.
This down is due to the demand from the people, there is not much demand to it.
Another one, BTC fell and it affects Ethereum also, i hope this will go high again.,
copper member
Activity: 67
Merit: 5
September 24, 2019, 11:12:42 AM
every crypto currency goes through accumulation advancement and distribution phase, right now eth and other altcoins are being accumulated as bitcoin dominance is very high, when bags and demand is more than supply prices would moon again. there is no fixed ratio in which btc and eth price should be.
legendary
Activity: 3766
Merit: 1217
September 24, 2019, 10:22:58 AM
The Ether prices have once again breached the crucial support levels. A few minutes back, the 0.02 BTC level was breached and as of now the exchange rate is hovering at around 0.01996 - 0.01997 BTC per coin. This is going to be a huge dampener for the altcoin fans. When ETH suddenly spiked 30% (against BTC) during the last two weeks, I had warned that it was not going to last. And now my prediction came true.

ETH may undergo temporary spikes, which may energize its users. But unless there is a solid improvement in the basics, the prices are not going to recover completely. First of all, ETH needs a resurgence in the ICO market. Unless Ether is widely used as a smart contract platform, its exchange rate is not going to rise. And secondly, they should resolve the issue of high transaction fee. This might be difficult to believe for the experienced users, but a few days back the daily transaction fee of the Ethereum network surpassed that of Bitcoin!!!
legendary
Activity: 1638
Merit: 1042
September 24, 2019, 09:08:26 AM
Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened Huh if bitcoin price is $ 20 000 then ethereum price is only $ 600 Roll Eyes

what happened can be explained briefly and concisely. the ICO hype that 95% of the
participants had invested via the ETH detour is over. this led to the huge volume and the price increase. Wink
member
Activity: 672
Merit: 29
September 24, 2019, 07:22:38 AM
Bitcoin has about 56% of crypto market now but it doesn't mean the other coin won't skyrocket like bitcoin. Let's just fold our hands and watch what happens next if we enter the bullrun season. By then we'll know how useful altcoin tokens will be
full member
Activity: 456
Merit: 100
Borderless Mobile Finance Marketplace
September 23, 2019, 06:59:00 AM
we understand in price movements We can see firsthand that Bitcoin is king and Ethereum is the representative, Ethereum only has scalabillity issues. Many developers want to make dapps on Ethereum but they are encouraged to pay higher fees for slower transactions, so they migrate to other platforms.
full member
Activity: 924
Merit: 106
homt.net
September 23, 2019, 04:32:49 AM
This shows that altcoins are more risky investment with possible high returns. But you knew that before you invested in altcoins, didn't you?
What does it mean? Again, if you invest now, you can get higher return, but also you can loose more than if you invested in Bitcoin.
newbie
Activity: 18
Merit: 0
September 23, 2019, 04:24:32 AM
Ethereum is currently doing their carport deal or having their token haggled to individuals.
This isn't an ideal opportunity to gripe. this is an ideal opportunity to assemble and purchase more tokens.
We can have a wise venture on what's going on now.
hero member
Activity: 2576
Merit: 579
September 23, 2019, 01:05:01 AM
on the other hand that is currently rife is IEO, which reduces ethereum demand. different during the ICO period, where most projects require ETH. but with the innovation that will occur in early 2020, I think ethereum will be able to revive. but I'm sure there are still many who are interested and believe in ETH until now
The effect of IEO on ETH is not too much, because projects that use IEO to raise funds, they also use the ETH platform in their tokens, meaning that ETH is still trusted by most crypto lovers, both falling prices and rising prices.
full member
Activity: 812
Merit: 100
www.cd3d.app
September 22, 2019, 10:44:10 PM
Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened Huh if bitcoin price is $ 20 000 then ethereum price is only $ 600 Roll Eyes
Simply because many people know the existence of bitcoin that's why the demand keep increasing while ethereum still recovering from the latest downwards but hold on tight for sure it will become profitable maybe not this year but in news prediction said 2020 is the real deal.
on the other hand that is currently rife is IEO, which reduces ethereum demand. different during the ICO period, where most projects require ETH. but with the innovation that will occur in early 2020, I think ethereum will be able to revive. but I'm sure there are still many who are interested and believe in ETH until now
sr. member
Activity: 1936
Merit: 290
September 22, 2019, 10:37:23 PM
I can't explain about think because every project Is moving at its own pace, although that right bitcoin and Ethereum price was very related up year 2017. Actually for the bad efact lot of scam ico for decrease investor so this is the right point for decrease Ethereum price. I hope that if again more investors come back then definitely Ethereum price will go up.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
September 22, 2019, 01:46:17 PM
Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened Huh if bitcoin price is $ 20 000 then ethereum price is only $ 600 Roll Eyes
I can't verify this 5 percent price ratio to BITCOIN unless someone resourceful verifies this but if this is true, it might have to do with fewer coins we had at that time as compared to the thousand of coins we have today that bitcoin trades with and has diluted it's value.
Possibly the number of Ethereum tokens could also be the reason for the fall of its crypto command in terms of power or simply because we have better coins on the market that has cut though Eth.
AFAIK the number of
member
Activity: 655
Merit: 10
September 22, 2019, 01:36:06 PM
possible market correction, usually if a coin has experienced a high price increase it will certainly experience a price decline below. this is the nature of crypto, so keep calm let alone ethereum altcoin top, I'm sure they still have a chance to return to the highest price again.
member
Activity: 434
Merit: 10
September 22, 2019, 01:27:48 PM
We can't guess why eth price movements are getting weaker now compared to the relatively very stable  of bitcoin prices in the last few months, basically bitcoin has an influence on altcoin price movements in the market, but of course it doesn't really have a significant effect in my opinion, the decline in altcoin prices especially eth at this time is caused by demand and supply factors, the more buying demand that occurs will certainly make eth prices continue to rise, and vice versa if many sell eth, we can be sure prices will drop dramatically for example in 2017 where world investors began to make bitcoin as their priority in investing, so at that time investors started buying bitcoin in large quantities, and this automatically made bitcoin prices higher and in 2018 many investors began to sell their bitcoins because they were influenced by negative news that circulating the ban bitcoin circulates in several countries, and this automatically makes the price of Bitcoin and altcoin go down quickly.
In 2018 the price of 1 bitcoin (BTC) is equivalent to 6,610.10 US dollars. This figure is down 49.87% compared to the end of 2017 amounted to 13,187.60 US dollars. At that time, the price of ethereum dropped 70,92% from $722.41 / 1 ETH to $210.07 / 1 ETH.
full member
Activity: 434
Merit: 104
September 22, 2019, 01:25:12 PM
Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened Huh if bitcoin price is $ 20 000 then ethereum price is only $ 600 Roll Eyes
Simply because many people know the existence of bitcoin that's why the demand keep increasing while ethereum still recovering from the latest downwards but hold on tight for sure it will become profitable maybe not this year but in news prediction said 2020 is the real deal.
full member
Activity: 532
Merit: 108
September 22, 2019, 12:33:50 PM
The math does not work here, at the moment eth does not have such a news background as then in 2017 - 2018, then everything grew in principle, but eth showed the best dynamics, note that everything also fell, not only one eth, of course, many top10 coins fell less than eth, but this is because the eth bubble was too inflated, unlike other coins.
full member
Activity: 728
Merit: 131
September 22, 2019, 11:51:51 AM
Before, ETHEREUM having a vry best demand due to the use of ICO, investors are buying ETH and invest to the project and the team surely keep it good.
2018 onwards as many projects were scammed, team run with the ETH and sell it in the market to make it FIAT which destroys the price.
member
Activity: 462
Merit: 10
September 22, 2019, 11:42:51 AM
Now despite of the price btc could be the same as in 2017, the market condition is more like the end of 2016, everybody is fearfully watching when btc will ride it's ATH, and than big bull will come
full member
Activity: 468
Merit: 100
September 22, 2019, 10:35:47 AM
ethereum is the best partner of bitcoin, of various altcoins, ethereum is the best. but why is the price of ethereum difficult to be equal with bitcoin, maybe because it's already different enthusiasts or others. ethereum maybe also must follow the lead of bitcoin more
full member
Activity: 1442
Merit: 106
September 22, 2019, 07:01:06 AM
I believe there is no peg of ethereum to bitcoin. Every project Is moving at its own pace. That you there was an increase in ethereum price when there was an increase in bitcoin does not in anyway justify that there should be a corresponding effect in subsequent time
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