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Topic: Why does $ETH lead the bull markets? (Read 332 times)

full member
Activity: 1190
Merit: 111
February 04, 2021, 05:15:35 PM
#47
Do you understand what your talking about here in the forum? How come that ETH is leading the bull market?
can't you see how much each Bitcoin now in the market together with its volume or your just blind. I think you need to research about this matter. Because, it is too obvious that Bitcoin is leading the market and followed by Ethereum only.
newbie
Activity: 55
Merit: 0
February 05, 2021, 02:28:50 AM
#45
BTC and ETH are both leading the bull market right now. Volumes sure are going up for both top cryptocurrencies. They are making sure the market is lively enough that other altcoins are growing as well just like DOT, LINK and XRP. These are all big tokens right now. BTC and ETH hitting new highs are important for everyone. We make money out of this. Better grab it!
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
February 04, 2021, 06:09:01 PM
#44
I dont think so and i dont see it happening anytime soon because if you compare what’s happening now to what happened in 2017 then you would see that btc price is 19% higher that 2017 while ethereum is just breaking about 5% increase from 2018 and bitcoin Is never a thing of the past
your calculation based on the gap between the bitcoin price and bitcoin old ATH price. It was almost doubled and ethereum is only getting a small gap after it's increasing to $1600 for each ethereum while the old ATH was around $1355
Bitcoin is not leading the anytime as per the trend can be changed anytime. The market doesn't always need bitcoin to do that.
That being said if ethereum can lead the bull market. It's not relevant to use the gap between the current price and old ATH to determine which coin leads the bullish market.
The trend will not see from that factor.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
February 04, 2021, 05:58:41 PM
#43
I just think that ETH investor is bitcoin investor, the scenario will be like this, the investor will push bitcoin to high price ans after that they have got a lot of profit they will sell a half to take the profit and after that they will push ETH, this is why the bull run from bitcoin and ETH never happen simultaneously.

Many investor will have a thinking that altcoin season will start when bitcoin price trying to decrease after increasing price drastically or in sideway market. Like has been happening now, bitcoin price movement is in the sideaway market and ETH is trying to reach new all time high. This is will happen as long as there is no bad fundamental factor comes.
BTC and ETH are market leaders no matter it is a bull or bear market. The price of ETH dictates the rest of altcoins whether the trend will be up or down. Maybe in the next 5 years, an alternative blockchain network will be used as a fundamental basement for altcoins and that new crypto will replace the ETH. Alt season is obviously the price shadow of top altcoins especially ETH. The ETH has higher potential to hit $2000 soon but every trader has to do homework before getting rekt on financial markets.
legendary
Activity: 2436
Merit: 1008
February 04, 2021, 05:55:14 PM
#42
Do you understand what your talking about here in the forum? How come that ETH is leading the bull market?
can't you see how much each Bitcoin now in the market together with its volume or your just blind. I think you need to research about this matter. Because, it is too obvious that Bitcoin is leading the market and followed by Ethereum only.

When the time this thread was created, maybe OP saw that ETH is leading the bull market. But it's a no brainer to think that they are the most dominant as BTC is already climbing its way up even from last year.

And the thread was supposedly to shill $BET as out of nowhere, it was mentioned without explaining what it is. I don't even know what coin or token it is.
full member
Activity: 1330
Merit: 147
February 04, 2021, 05:46:36 PM
#41
I just think that ETH investor is bitcoin investor, the scenario will be like this, the investor will push bitcoin to high price ans after that they have got a lot of profit they will sell a half to take the profit and after that they will push ETH, this is why the bull run from bitcoin and ETH never happen simultaneously.

Many investor will have a thinking that altcoin season will start when bitcoin price trying to decrease after increasing price drastically or in sideway market. Like has been happening now, bitcoin price movement is in the sideaway market and ETH is trying to reach new all time high. This is will happen as long as there is no bad fundamental factor comes.
member
Activity: 812
Merit: 10
BountyMarketCap
February 04, 2021, 04:28:01 PM
#40
Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Now the big institutions and fund managers are turning their focus towards Ethereum which will create massive eth demand in the market so expect the price or value to grow big too, I think Ethereum will start making bigger moves in coming weeks.
sr. member
Activity: 1092
Merit: 250
February 04, 2021, 03:50:06 PM
#39
Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds

of course, the leader will always lead mate
first bitcoin known as the leader in crypto world, then ethereum i think everybody knew if ethereum is the leader of altcoins, thats why ethereum lead the bull in altcoins market
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 04, 2021, 03:44:25 PM
#38
One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize  and invest once again the ethereum.
market confidence in crypto is currently on the rise. The bull moment that occurred in Ethereum was also influenced by the market which was in good condition. I think the market has maintained its position quite well and for a long time. people who came to the crypto market in 2018 until now will probably understand how the struggle to be patient and continue to believe in the crypto market. when a lot of bad news says crypto is a bad investment and a scam.

many people have strong belief that once this eth 2.0 is fully deployed, eth network will improve immensely and so its value in the market. right now, we havent experienced the improvement of the network and yet we are seeing the bullish run of eth in the market.
that means, a lot of people believe that eth team can deliver what they are promising to the community. so brace yourselves once phase 1 of eth 2.0 was fully up and working...
member
Activity: 372
Merit: 11
elysian.finance
February 04, 2021, 03:37:20 PM
#37
The crypto space is constantly determined by one all-powerful currency which is bitcoin and that's it. ETH can't overcome the Bitcoin market on account of its large developing supply and well demand keep pretty much stable because of lesser investment openings.

Btc has consistently been upward for each crypto currency. Regardless of whether this is a direct result of its consistently developing fame or expansion in the price the outcome is remarkable and in the courtesy of bitcoin as it were.
jr. member
Activity: 392
Merit: 2
February 04, 2021, 12:28:30 AM
#36
I dont think so and i dont see it happening anytime soon because if you compare what’s happening now to what happened in 2017 then you would see that btc price is 19% higher that 2017 while ethereum is just breaking about 5% increase from 2018 and bitcoin Is never a thing of the past
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
February 03, 2021, 11:58:59 PM
#35
One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize  and invest once again the ethereum.
market confidence in crypto is currently on the rise. The bull moment that occurred in Ethereum was also influenced by the market which was in good condition. I think the market has maintained its position quite well and for a long time. people who came to the crypto market in 2018 until now will probably understand how the struggle to be patient and continue to believe in the crypto market. when a lot of bad news says crypto is a bad investment and a scam.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
February 03, 2021, 11:47:25 PM
#34
I am seeing 10kETH and even 20kETH campaigns being run on social media especially twitter so this means that whales and other big players are in favor of ETH and we can expect raging bulls taking ETH to big gains in coming weeks.
I can't find that dude, can you drop the link to that campaign? it sounds like that's a scam campaign. I remember there are bunch of scammers creating the same thing like you have mentioned above.

I wanna try to make sure whether that is the thing that creates the bull run for ethereum or not.
Thank you so much.
full member
Activity: 674
Merit: 100
February 03, 2021, 11:38:26 PM
#33
One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize  and invest once again the ethereum.
hero member
Activity: 2282
Merit: 659
Looking for gigs
February 03, 2021, 10:30:52 PM
#32
Although we are happy that the price of ETH is surging, so are the gas fees. Honestly, this is the biggest downside and weakness of Ethereum right now and it's not good for small traders right now. Like last night, I wanna claim token rewards, but I need to pay a gas fee of $27. A couple of my colleagues also shared that when they wanna swap something on Uniswap, the fee was even more ridiculous at $72. Lately, one of my friends posted a status on her Facebook that the initial gas fee was $112. She tried to make it lower, but the transaction failed.

AnySwap could be a great alternative if we want very cheap gas fees, but Uniswap's popularity continues on and comes with a terrible price of uncontrollable surge of fees (both factory and transaction).
hero member
Activity: 1008
Merit: 540
February 03, 2021, 10:14:50 PM
#31
Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Why you need to compare or depend bitcoin into other coin? Yet they have differences where bitcoin is much oks than others im not saying there not going to be pump but somehow those coins has their own potential to be in bullrun too because of the demand of each coins and etheruem is the second leading among of those coins then people will choose what they want to invest with their money and they see a lots in potential of ethereum even me i will choose eth over those coins because i see that people will pump it up.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
February 03, 2021, 10:07:20 PM
#30
Ethereum is predicted big, and what it has reached is just a mile away from the previous ath. Maybe if the predicted value is reached, then your questions will get the answer. Right now the bull market is led by the bitcoin. Whenever the market is bullish there'll be impact over the altcoins. Ethereum being the one with the largest marketcap after bitcoin, it is now moving with good pace.
sr. member
Activity: 1288
Merit: 253
February 03, 2021, 09:41:52 PM
#29
because Defi made big changes to the current ethereum price of course this creates a lot of surprises that benefit many investors in the near future Defi has raised ethreum prices much higher than before in the near future that's surprising and investors have entered with this huge investment amount is very strong and accelerating ethereum prices now take a very short time Defi looks strong making it much more useful for finances.
legendary
Activity: 3080
Merit: 1353
February 03, 2021, 08:52:30 PM
#28
Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds

It's because ETH is the leader as far as altcoin market goes, so everything it does have a trickle effect to the rest of the altcoins. Currently though, there are good news as MicroStrategy is also investing on ETH right now that's they it has surpasses and established a new all time high.

While the rest of altcoin is still way below their all time high, ETH has breaking it and will continue to push to even $2000 this week.

There are a lot of competitions out there, but ETH has established itself so competitions are left behind.
TWW
full member
Activity: 1456
Merit: 109
February 03, 2021, 11:07:55 AM
#27
Bullish eth occurs because you want to follow the bitcoin market, which happened a few weeks at the end of the year and at the beginning of the year now bitcoin is down and Eth is rising in a bullish market, this is a good start for Eth in the future with bullish ETH then all altcoins will follow the market, like doge xrp and other top coins
I think this is an important influence of the bitcoin market. but the moment of renewal that ethereum had planned for a very long time was also right. had been delayed a few times and it turned out that there was no better moment to get a powerful pump.
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