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Topic: Why ETH dropped comparing to BTC? - page 2. (Read 207 times)

hero member
Activity: 826
Merit: 518
March 19, 2018, 03:52:13 AM
#5
In February, Eth was worth almost 0.12 BTC. Now it's 0.6. Any thoughts on why it drops? Yeah, I know that 'cryptocurrencies are highly volatile' bla bla. But are there any objective reasons?
As you said high price volatility is the reason for the price drop,there is no relation between the BTC and ETH so it doesn't give any meaning to compare this both coins every coins price changes according to the demand of that coin,maybe ETH holders are cashing out more than BTC holders.
hero member
Activity: 668
Merit: 500
March 19, 2018, 03:50:15 AM
#4
many of cryptocurrency is going down include ETH this is a effect of btc.
and some an issue about of the crypto, many of people is panic.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
March 19, 2018, 03:48:32 AM
#3
It has been recorded for quite a time when there is a huge depression in crypto price, there is a general increase in dominance of bitcoin.
If you view the price of others coin as well, you can see they've relatively decreased with respect to bitcoin.
And similar is the case for increase. Altcoins increases at a greater rate than bitcoin.
full member
Activity: 434
Merit: 246
March 19, 2018, 03:31:30 AM
#2
It has to do with the specific nature of ETH vs BTC. It has been answered in great detail before:

Please read this or this!
jr. member
Activity: 120
Merit: 7
March 18, 2018, 05:42:44 PM
#1
In February, Eth was worth almost 0.12 BTC. Now it's 0.6. Any thoughts on why it drops? Yeah, I know that 'cryptocurrencies are highly volatile' bla bla. But are there any objective reasons?
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