The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet.
Altcoins will never follow BTC like they did back in 2017, you have my word for it. Of course some of them will surely go up together with BTC, but you'll never see shitcoins pumping like crazy cuz of BTC like the bullrun back in 2017. Solid projects will keep growing indeed, but having an "alt season"? Nah, don't think so. For reference you can check the charts of some coins which went up like crazy back in 2017 and as of today they're eating the dust with 0 movement at all. 
Topic: Why can't the current Ethereum price keep up with the Bitcoin price? - page 4. (Read 1020 times)
November 20, 2020, 07:22:02 AM
November 20, 2020, 07:16:49 AM
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?
Actually what happened to ethereum?
There is a wide difference between Bitcoin and Ethereum, Bitcoin is the first and most trusted coin while Ethereum is the first altcoin and trusted as well, also when someone want to get started with crypto investing, the first coin he is likely to start with is Bitcoin. In addition, when you check most of the interest and/or attention the crypto space is getting, most of them are towards Bitcoin such as that of PayPal.
Moreover, going down memory lane, as of 2017 there were just few blockchains wherein almost all new projects were leveraging the Ethereum blockchain but now, we have many other blockchains thus upcoming projects are now spread over many blockchains unlike during 2017 when it was majorly Ethereum. Nevertheless, Ethereum price will grow more with the upcoming upgrade but I can hardly say if it will pass $1k or not.
November 20, 2020, 06:51:34 AM
Just be patient, we are only in the beginning stage of the bull run, don't expect that altcoins will also rise and follow the trend of bitcoin's movement. Remember that bitcoin is dominating the market hard, that means most money are invested on bitcoin but as the bull run continues and if bitcoin will break a new ATH, then I believe slowly ETH will have its run as well, and actually not only ETH but some solid altcoins as well.
November 20, 2020, 06:50:02 AM
It's actually really hard to see Ethereum lag very far behind bitcoin given the 2017 weather. There is a large assumption that the problems are primarily due to scalability, where network congestion was caused by the hype among DeFi projects, which was a fundamental factor for Ethereum pricing, because of this, the transaction cost reached $ 10. I believe this is starting to change as, in certain circles, users have already started discussing platforms other than Ethereum.
November 20, 2020, 06:47:55 AM
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?
When bitcoin spikes to 18,000 in 2017 ethereum remains bellow 1k so what are you claiming about that ethereum must be following Bitcoin now?Actually what happened to ethereum?
and when Bitcoin Hype that year ETH pumped high next year and that is in 2018 so please wait until it happens.
Maybe we have at least January to March in 2021 is the expected Hyping of ETH,Without Mentioning the 2.0 version effect next month i 1st day of December.
Just keep the holding mate we are near to success as i also have ethereum in my wallet until now.
November 20, 2020, 06:43:52 AM
it is very simple, back in 2017, Ethereum remains the only popular smart contract available. even Tron was no where to be found. EOS was complicated and stressful. NEO which was term the ethereum of china failed to live up to expectation. that was why ethereum price was so high. Now we have many competitors, Serum, POLKADOT, AVALANCHE, ELROND and so many other. i doubt if ethereum will hit 1000 this year.
November 20, 2020, 06:10:49 AM
In my opinion, the issues are scalability and expensive gas fees as these were the main weaknesses of Ethereum during the peak price periods that occurred in 2017 and 2018 because at that time the network was only able to handle 20 to 25 transactions per second.
November 20, 2020, 06:10:18 AM
We need to know that not all the happens to the bitcoin right now will happen to the ethereum too, yes in the year 2017 they have same movement they increased very high on that year.
This time they are also same in movement they increasing but not like what happen to the 2017 but it doesn't mean that you will not see again the value of $1000 per ethereum because we still have have 1 month before end of the year even will not see this value we still have more time next year for the ethereum to improve the price again so do not be worry .
This time they are also same in movement they increasing but not like what happen to the 2017 but it doesn't mean that you will not see again the value of $1000 per ethereum because we still have have 1 month before end of the year even will not see this value we still have more time next year for the ethereum to improve the price again so do not be worry .
November 20, 2020, 05:58:48 AM
Forget about 2017.
2020 is different.
Division of investment. DeFi could be the culprit and then stablecoins.
When Bitcoin was being pumped on that year people are buying Ethereum first then exchanged for Bitcoin.
That's still "demand" even though it just became a bridge.
2020 is different.
Division of investment. DeFi could be the culprit and then stablecoins.
When Bitcoin was being pumped on that year people are buying Ethereum first then exchanged for Bitcoin.
That's still "demand" even though it just became a bridge.
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.
November 20, 2020, 05:37:31 AM
2017 was a golden peak for Eth too. ETH increases are not as aggressive as BTC today. market sentiment is also very influential plus the ongoing development of Ethereum 2.0 where scalability and gas fees are still minor obstacles. I have the belief that ETH also has a chance to go up even better in 2021. All have a process in my opinion.
November 20, 2020, 05:23:56 AM
Forget about 2017.
2020 is different.
Division of investment. DeFi could be the culprit and then stablecoins.
When Bitcoin was being pumped on that year people are buying Ethereum first then exchanged for Bitcoin.
That's still "demand" even though it just became a bridge.
2020 is different.
Division of investment. DeFi could be the culprit and then stablecoins.
When Bitcoin was being pumped on that year people are buying Ethereum first then exchanged for Bitcoin.
That's still "demand" even though it just became a bridge.
November 20, 2020, 05:15:08 AM
it is simply because bitcoin is a well known currency with a lot of actual real world use cases, it is decentralized, secure and fast to use too. it is also immutable which is one of the most important factors in the blockchain technology. on top of that bitcoin has a limited and small supply.
while ethereum is a shitcoin that is centralized, slow, expensive and mutable. meanwhile ETH has unlimited and a gigantic supply that will never let its price go up. not to mention that ETH is practically useless. the only time you see it used is when someone wants to create a scam ICO token.
while ethereum is a shitcoin that is centralized, slow, expensive and mutable. meanwhile ETH has unlimited and a gigantic supply that will never let its price go up. not to mention that ETH is practically useless. the only time you see it used is when someone wants to create a scam ICO token.
November 20, 2020, 05:12:04 AM
Ethereum can't keep up with bitcoin because that's not how altcoins gain from Bitcoin bullish movement, it's never instant movement as it takes time for altcoins to start surging, right now it's bitcoin time to shine not altcoins
November 20, 2020, 04:43:52 AM
The situation is different, back in the day when the first time Bitcoin skyrocketing to the moon, people just jump on the bandwagon buying any crypto they can find. But now after the bubble pop-out, investors should be more careful not to repeat the same question. In my opinion, the altcoin will follow this Bull when the Investor can make sure its not just another Bubble.
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November 20, 2020, 04:33:44 AM
Give it some time more before complaining, its in history that bitcoin always take the first lead in every bull season and altcoins don't follow the bullish movement instantly, within few more weeks altcoins should start surging as well but that depends on bitcoin dominance
Yes, give it more time will be better while we can buy more ethereum for the coming of the bull run for ethereum. It will not too long after the bitcoin price can stay at the next higher price, and it could happen in the next month. The altcoin season will come soon, and we better prepare ourselves by having more amount that we can sell at a high price.
November 20, 2020, 03:59:02 AM
Look at market history so I can say it's a cycle. This time all of the money in the market is transfer to BTC, and ETH is just an altcoin, so it's inevitable that cash flow from itself is being transferred to BTC as well, make it can't going up with BTC.
Ethereum is an Altcoin, and of course Altcoins are greatly affected because Bitcoin prices continue to soar,
he is right, because investors switching to Bitcoin causes the Altcoin price to fall, but right now if you look at the Ethereum price is pretty good it can stay above $ 400 when the bitcoin price goes up, compared to altcoins medium and low cap, all down 100%.
November 20, 2020, 03:54:35 AM
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 $1k
Actually what happened to ethereum?
Are you sure you are here that last time when Ethereum entered 1500$ per one? I doubt that because we all know that not until January 2018 most altcoins still failed to surge, if btc dominance don't go down whales won't pull their money out of Bitcoin into altcoins, whales have a big part to take for altcoins to be profitable like they did in 2017 to early 2018 Actually what happened to ethereum?
legendary
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November 20, 2020, 03:50:17 AM
It's what usually happen whenever there is a massive uptrend. Bitcoin always pump first to a certain level, it will remain stagnant for a while and then ETH and some others will gain their momentum and rise faster.
The bitcoin pump will always dominate the crypto market. The major altcoins can only follow this. I don't agree with it. Ethereum and other altcoins must be pumped based on the news that can affect it fundamentally. I have been facing so many situations when bitcoin was so stable but at the same time altcoin was getting dumped.
The pump in altcoin definitely depends on the hype. No hype no pump.
It's caused by altcoin was a speculative asset
November 20, 2020, 03:48:13 AM
Look at market history so I can say it's a cycle. This time all of the money in the market is transfer to BTC, and ETH is just an altcoin, so it's inevitable that cash flow from itself is being transferred to BTC as well, make it can't going up with BTC.
November 20, 2020, 03:36:53 AM
Give it some time more before complaining, its in history that bitcoin always take the first lead in every bull season and altcoins don't follow the bullish movement instantly, within few more weeks altcoins should start surging as well but that depends on bitcoin dominance
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