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Topic: Why can't the current Ethereum price keep up with the Bitcoin price? - page 2. (Read 1023 times)

sr. member
Activity: 1119
Merit: 206
Popkitty.io - Blockchain Social Media
Same question for you, why can't the current price of Dash, Litecoin, Dogecoin, Stellar, Ripple, and more keep up with the Bitcoin price?? Not only Ethereum bro but every coin. You cant hope the price of the coin will be the same again only because Bitcoin reach the same price in 2017. Because in the cryptocurrency we know that price is affected by many factors.
legendary
Activity: 2618
Merit: 1105
Ethereum is having many problems which need to be fixed first, and it will be worth $1k when 2.0 releases as there is so much hype behind. Atm, Ethereum cannot follow btc because btc is taking over the entire crypto marketcap again and has been dominating all the alts since the beginning of the 2020 bull run.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
I think ethereum price is nicely keeping up with that of bitcoin's because if you remember well few months back eth price was ranging in between $100 to $200 but as market improved and btc dominated eth has slowly followed it as well and that is why it is trading above 500 now with more upside expected.
sr. member
Activity: 1638
Merit: 339
Actually what happened to ethereum?
Its normal, in cryptocurrency, there is nothing that will be the same again. When the 2017 Bitcoin price reaches $17K and many altcoins (Ethereum and other) reach their ATH, doesn't mean when bitcoin price reach $17K again, altcoin and other will reach the same price. There is no such formula like that, it is all about demand and supply
member
Activity: 154
Merit: 16
You should know the gas fees about ethereum. Its the biggest culprit against ethereum price mooning. Eth-2.0 coming & hope that it fixed soon as possible. By the way ether price pumping now.
hero member
Activity: 1428
Merit: 506
Maybe because the Defi hype is not over yet so many people have not focused on ethereum and it makes it a little difficult for ethereum to keep up with bitcoin prices, but keep calm friends because ethereum will continue to grow in 2021
There is the time for ethereum to soar in the market just like what happen before when btc increase eth will also increase. We have to look at the current price at least eth is moving good in the market. Also peopoe focus more on bitcoin than ethereum so we have to observe the market and for sure eth will increase just like before.
legendary
Activity: 2982
Merit: 1153
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?

Ethereum market is independent from Bitcoin Market so, I think it is wrong to assume that everytime Bitcoin price goes up , ETH should keep up.  Remember they have different community, different developers and different marketing approach.  So, possibly the reason why ETH can't keep up with BTC surge is that, ETH had surged already even before BTC market surge this time.
sr. member
Activity: 1050
Merit: 286
We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients.

The answer was came with the current pump in bitcoin and Ethereum.The bitcoin price had reached of 18k$+ and the Ethereum price crossed a new moon of 500$ again after a huge month gap.So if this continue,we can expected the price of bitcoin to the new moon of 20k$.
That might be true but we cannot predict the movement of the market since it is volatile in terms of price but as we can see as of now the price of bitcoin is continuing to rise and even reached its highest peak since the golden time which is on 2017. As bitcoin rises up the ETH also rising up but the gap is far greater than the last time that bitcoin has bull run. Also other altcoins that time are rising but now we cannot see that some of the altcoins are not going with the flow of rising of bitcoin.
sr. member
Activity: 1176
Merit: 252
Futurov
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?

ethereum price already surpass $500 mate, and the reason why this year is not like 2017 is because a lot of good altcoins born then marketcap of altcoins now divided to all good altcoins, not like 2017 only few good altcoins in the market,
and maybe thats the main causes why ethereum price didn't like in 2017
full member
Activity: 1638
Merit: 122
Indeed everyone expected Ethereum and other altcoins to go up when Bitcoin was like it is today. But it isn't easy because many people are still focused on rising Bitcoin and investing there. This is not just the case with Ethereum. Most altcoins are not getting the high rise effect of the current Bitcoin situation. But today is good news because Ethereum has broken through $500

its now on 500? woah i didnt see that comin . i was checkin eth value from time to time but earlier i saw that it was over 480 something . the op was just excited but eth is just moving slow this time compare to where it was last 3 years ago .

 like everyone else i was also expecting that my tokens are gonna fly a bit but its sad that the value of them are still the same , i guess theres gonna be no pump for them because people foccus too much on btc and on eth .
hero member
Activity: 2324
Merit: 562
Marketing Campaign Manager |Telegram @Usekevin
We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients.

The answer was came with the current pump in bitcoin and Ethereum.The bitcoin price had reached of 18k$+ and the Ethereum price crossed a new moon of 500$ again after a huge month gap.So if this continue,we can expected the price of bitcoin to the new moon of 20k$.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients.
sr. member
Activity: 1610
Merit: 294
www.licx.io
If you checkout the market today you will see that ethereum price has broken 500 resistance which was very important for future price direction of eth, with this break we can expect eth to finally gain momentum that is important for longterm bulls.
Yes, and in general this is a moment that everyone looks forward to with Ethereum tokens, because it has been a long time since Ethereum had a good price increase in the market, but now Ethereum is starting to show that it is still very good to sustain in the long term.
full member
Activity: 382
Merit: 109
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
This is an imbalance when compared to the ethereum price in 2017. Maybe it was quite disappointing when bitcoin was skyrocketing, the ethereum movement did not look free.
I heard about this disappointment a few months ago due to the high ethereum gas price. thus becoming an obstacle for many investors who wish to shift their ethereum balance from their personal wallets to exchanges. it shows that market demand was not the same in 2017.


Now the Ethereum price had boost up to 500$ and many was holding for this time.Don't sell Ethereum now, you need to wait since the price get into maximum. Now Bitcoin price had crossed 18, 600$ and it was sole reason for the rise in Ethereum price.
legendary
Activity: 2268
Merit: 1655
To the Moon
...Actually what happened to ethereum?

We have previously seen how the price of Ethereum increased by 2 times, while the price of bitcoin remained unchanged. Now something similar will happen, when the price of bitcoin stops growing, and perhaps there will be a correction, the price of Ethereum will grow in relation to the price of BTC.
member
Activity: 462
Merit: 19
I don't see anything wrong with ethereum right now, it's over 500$ and still counting, altcoins can't just pump all of a sudden, that's ain't bullrun, things have to happen slowly just as it takes bitcoin weeks to get over 15,000$, all you guys lack is patience and I don't blame you, altcoin season have been gone for so long
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
It's the scability issue with ETH, that's what happened. The gas fee is killing Ethereum but hopefully all that will be resolved once ETH 2.0 is released. I know several projects on the ETH contract are waiting to launch once this version comes on. There is an ongoing project I have been following a few years now, it planned to swap before this crazy gas fee set in. Now, everything is on hold for the swap pending when the ETH 2.0 is launched. We all know that demand sets the price and value of any commodity. So, if there isn't much demand for ETH and the ERC usage there isn't going to be much appreciation in price for Ethereum.
sr. member
Activity: 2324
Merit: 263
this is one of the reasons. in 2017 people only paid attention to bitcoin and ethereum. different when compared to today. Defi, stablecoins, and even ethereum's competing platforms also have an important role to play. so forget about 2017 because the current situation is very different.
That's right, if someone keeps remembering about the crypto market that happened in 2017, then he will never have any additional thoughts at this point, because now there are so many new competitors born into crypto and most of them are all very good, close example is as you mention it.
sr. member
Activity: 644
Merit: 260
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?

Nothing happened to ETH, it's increasing at a good pace, even though I expected a bigger move considering the fact that ETH 2.0 launches 1st December. However, I'm holding ETH for very long term hence I don't bother about current prices. I do think long term holders for BTC and ETH will smile, requires a lot of patience anyway. There is no point comparing current price with what happened 2017, I even think bigger uptrend than 2017's is on the way.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
This is an imbalance when compared to the ethereum price in 2017. Maybe it was quite disappointing when bitcoin was skyrocketing, the ethereum movement did not look free.
I heard about this disappointment a few months ago due to the high ethereum gas price. thus becoming an obstacle for many investors who wish to shift their ethereum balance from their personal wallets to exchanges. it shows that market demand was not the same in 2017.
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