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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: De_nis on August 15, 2018, 07:46:02 PM



Title: The price of most ERC20 tokens depends on the price of the ether!
Post by: De_nis on August 15, 2018, 07:46:02 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: siggy on August 15, 2018, 07:54:56 PM
I do not see there any anbelievable or unpredictable thing, because these tokens can not work without Ethereum's blockchain.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: tk808 on August 15, 2018, 07:55:44 PM
Why is this not correct? The teams that create ERC-20 are dependent on Ethereums blockchain to survive in the first place. Just because they market their platform/services and etc, doesn't mean they are not directly connected to Ethereum.

At the end of the day, most ERC-20 tokens are copy and pasted.

Another broader example is Bitcoin's dominance of the market. When Bitcoin falls or gains, alternative coins will follow. Everything is connected, and if the top 2 coins that are interlinked and every other alt-coin is synonymous with these chains, then all markets will follow suit.

There's a lot to this, but mainly has to do with the traders. Since every token is traded in either ETH or BTC, then their valuations will also decline due to being linked. Just like if any currency devalues in the real-world, those companies valuations also decrease, unless they gain against those currencies (valuing the company even higher).


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: IrinaPro94 on August 15, 2018, 08:09:43 PM
this is not quite so the price depends only on the ico after the token enters the market the price is quoted already from the enthusiasts of the crypto market who believe in the token, correct me if it is not


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: De_nis on August 15, 2018, 08:14:37 PM
Why is this not correct? The teams that create ERC-20 are dependent on Ethereums blockchain to survive in the first place. Just because they market their platform/services and etc, doesn't mean they are not directly connected to Ethereum.

At the end of the day, most ERC-20 tokens are copy and pasted.

Another broader example is Bitcoin's dominance of the market. When Bitcoin falls or gains, alternative coins will follow. Everything is connected, and if the top 2 coins that are interlinked and every other alt-coin is synonymous with these chains, then all markets will follow suit.

There's a lot to this, but mainly has to do with the traders. Since every token is traded in either ETH or BTC, then their valuations will also decline due to being linked. Just like if any currency devalues in the real-world, those companies valuations also decrease, unless they gain against those currencies (valuing the company even higher).

Communication ETH and altcoins is not very proportional, it is not predictable, if we talk about real projects, their cost should be somehow related to USDT, because the projects require real costs.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: crypto228 on August 15, 2018, 08:15:13 PM
I think that you are mistaken. Does not depend on the etherium. In general, the entire crypto-currency market shows itself practically the same in times of falls. All translate into dollars and prices for all fall without objective reasons. We fall together, grow up separately, here are the laws of this market.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Crypdon on August 15, 2018, 08:16:18 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

It's a good theory but doesn't always work. Most alts will follow bitcoin including ethereum so they all kind of rise and fall together. In a stable market some alts rise above the rest and those might be ethereum tokens. If these projects were reliant on ETH then yes there would be a stronger correlation, but once on the platform it just requires a bit of ETH to cover wallet transactions


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: JuliaJi on August 15, 2018, 08:16:43 PM
it is decentralisation?  why so? if major coins are falling - altcoins too, if they are growing everything is green, is it manipulation of the market?


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: The Cryptovator on August 15, 2018, 08:19:24 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Never, erc20 token price not depend ethereum. Every alt coin price depend community and trading volume. Erc20 token just created using ethereum blockchain, it doesn't mean ethereum controlling price of all erc20 token. No value of ERC20 it self if there isn't trader community to trade the token. Any one able to create erc20 token by using small gas fee. But it will be worst if no community for trading with it.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: MikeyVeez on August 15, 2018, 08:29:55 PM
If it is true than simply prove it. I think that it is not a true. Because if Ethereum is falling down, then transactions fees are low and people can use more Ethereum network and use the ERC-20 tokens.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: InGODweTrast3 on August 16, 2018, 04:59:31 PM
I also believe that the pricing of tokens and ico is not quite transparent, more precisely not even fair when you buy at the price of ICO, and then the project sells its token on the stock exchange with a discount of 90% !!!


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: tk808 on August 16, 2018, 06:10:12 PM
Why is this not correct? The teams that create ERC-20 are dependent on Ethereums blockchain to survive in the first place. Just because they market their platform/services and etc, doesn't mean they are not directly connected to Ethereum.

At the end of the day, most ERC-20 tokens are copy and pasted.

Another broader example is Bitcoin's dominance of the market. When Bitcoin falls or gains, alternative coins will follow. Everything is connected, and if the top 2 coins that are interlinked and every other alt-coin is synonymous with these chains, then all markets will follow suit.

There's a lot to this, but mainly has to do with the traders. Since every token is traded in either ETH or BTC, then their valuations will also decline due to being linked. Just like if any currency devalues in the real-world, those companies valuations also decrease, unless they gain against those currencies (valuing the company even higher).

Communication ETH and altcoins is not very proportional, it is not predictable, if we talk about real projects, their cost should be somehow related to USDT, because the projects require real costs.


They aren't exactly 1-to-1, and often there is a time-lag between markets correlating, but all markets behave in the same manner. Just like how every market declines when BTC declines, ETH to a lesser extent, but it still occurs. You can view the past 4-5 days where ETH lost about (rough numbers) 15%, then gained 15%, and see how most ERC-20 tokens and similar platforms behaved.

Eth's price is a fantastic indicator of what will happen to your erc-20 tokens.

Their costs are never related to USDT (only when the ICO is occurring and for a brief time after it has ended), and real-costs do not even come into play when it comes to stability of ICO funded projects. Bitcoin is the major driving force behind all valuations, and Ethereum plays a similar role on the markets, but mainly ETH's affects similar blockchains and ERC-20s.  


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Taniya1901 on August 16, 2018, 06:25:44 PM
Well, that's a fair pattern. For the survival of all those tokens need to have Etherium things went well, all tokens erc-20 depend directly on Eterium.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: artemdubina88 on August 17, 2018, 07:37:26 AM
I think so the price of tokens depends on Ethereum but he, in turn, depends on bitcoin , here's to us here monarchy ))


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Altcoins enthusiast on August 17, 2018, 07:42:10 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
That is the major reason why when ether is getting dump most of the erc20 tokens are also getting dump.  There transactions hundred percent depends on ethereum network an as such ethereum has great said on them.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Kreks on August 18, 2018, 01:15:54 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Always will return to their respective tokens, because after the token is released, nothing can affect the price except the community. And even developers will not be able to control prices. Indeed the global situation, say Bitcoin or Ethereum will have an effect on a token, but I think all tokens or altcoins will also refer to Bitcoin or Ether trends.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: gawuk on August 18, 2018, 02:21:41 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Maybe that happens when a coin is paired with Bitcoin or Ethereum, and is normal when prices influence each other.
But I think when a token has been listed in many markets and received a global response, the Ether price and erc20 tokens situation can be contradictory.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Teraboy on August 18, 2018, 02:24:01 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
thought the bitcoin still give a lot of impact to the price of ERC20 tokens too. But it's true that the price of ERC20 tokens depend on the ethereum. But i thought that you can try to see what has already happened with it. Mostly of coins are following ethereum and bitcoin trend right now.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Orang Tua on August 18, 2018, 02:50:20 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Of course there is an effect, but we will always look for references to usd or values in fiat. But when the token is still in the ico process, then of course Ethereum's situation will determine the price of a token, even though some projects give prices with dollars.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: WaffleMaster on August 18, 2018, 03:36:03 AM
Tokens literally need Ethereum for core functions of them As well, tokens would not even be in existence if it wasn't for Ethereum. Tokens need Ethereum gas to even be sent from one wallet to the next... Ethereum is tied to Bitcoin and tokens are tied to Ethereum whether you like it or not.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: BitcoinHodler on August 18, 2018, 07:21:21 AM
the only thing that you need to realize is that both ETH and its tokens are speculative "things". and being speculative means their prices are not real, it is based on faith of investors in the profit that they can potentially gain in the future as these things get pumped.

so when the "faith" in a pump is shattered or as the investors come to realization that the pump has been over and the dump has begun they start dumping everything and price of all of them come down together.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: vallydelly on August 18, 2018, 09:55:35 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
I don't really think so, I might agree on that if you had mentioned bitcoin, but for eth, I don't think other erc20 tokens depends on it's price because most times even when eth price is down, some erc20 tokens will still stay strong.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: lang shao on August 18, 2018, 10:04:03 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
They are and not depending on each other. Sometimes when ethereum not stable and down in price, the ERC20 not affected. But when we say bitcoin, it should be affected as all token/coin depending on this coin.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: jefcasidy on August 18, 2018, 11:46:04 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

I do not agree totally that price of most erc20 tokens depends on the price of eth, all erc20 tokens price depends on the market performance, it does not really matter of ethereum is up or not, even though they are depend on ethereum network but eth price does not have any much effect on them.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: norcia on August 19, 2018, 12:36:26 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

I think so, because usually the developer provides purchases with Ethereum. But I think that happens when ico, because after the token is registered on the market, there is a possibility of coins being pumped or vice versa. And I think the most affected are developers, even though investors pay for it.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: losiva on August 19, 2018, 10:30:39 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Never, erc20 token price not depend ethereum. Every alt coin price depend community and trading volume. Erc20 token just created using ethereum blockchain, it doesn't mean ethereum controlling price of all erc20 token. No value of ERC20 it self if there isn't trader community to trade the token. Any one able to create erc20 token by using small gas fee. But it will be worst if no community for trading with it.

Yeah sure, I agree with your point, erc20 tokens price does not depend on eth price, that they are hosted on the ethereum network doesn't mean that it depends on eth price, the price of tokens depends on the market demand and supply.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: elosi on August 20, 2018, 12:35:39 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

I don't think that is true, price of erc20 tokens does not depend on the eth price, the price of erc20 tokens depends on the demand of the coins in the market, if the project is a really good project and with good partnerships then the price will be increasing.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: BITSPANISH on August 20, 2018, 12:38:09 AM
Not only ETH, I think all ERC20 tokens' price depend on BTC price as well :). BTC is the king of this world and it affect to all other cryptocurrencies' price in this world. But I think ETH has more effect than BTC to ERC-20 token because all these tokens work depend on Blockchain of ETH.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: mastadonballs on August 20, 2018, 12:48:34 AM
I don't think so :). Although all ERC-20 tokens created depend on ETH's blockchain but price of each ERC-20 token depend on quality of project behind :). If a token has good project behind, its price can rise to the moon while ETH price is falling. For example, at the moment ETH price is really low but price of good tokens keep rising at the same time :).


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: ntarah langger on August 20, 2018, 12:59:00 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
most altcoins are converted to bitcoin and also ethereum, so of course the altcoin exchange rate depends on the two coins.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: blockchainmarketus on August 20, 2018, 12:59:16 AM
The price of ether depends on the btc. Yeah that is cryptomarket. WHen btc red all are red. Why is that? Because BTC have most infrastructur that bridge with real life business. Many offline and online shop accept btc. HOtel, restaurant, buy house, cars and services of hosting accept BTC. When BTC demand increase the price increase too. Look at tokens, new tokens have supporter fewer than 10 000 people. active trading about 20 % or more. No products, no infrastructur, the tokens will be abandoned by traders.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Shikamaru on August 20, 2018, 01:21:18 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

In my opinion, of course prices can be affected, but will not be able to make conclusions when tokens have been released on the market. Consensus starts to develop, and good tokens will start pairing with fiat currency, and this will break dependence, even though the global situation will still be a reference.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: ajqjjj on August 20, 2018, 01:22:29 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
Most of the tokens are independent in price because many tokens are failed but Ethereum is alive in the market. So few tokens are follow the Ethereum way but Ethereum also depends on Bitcoin do you agree that because if Bitcoin is raise others also move forward and it will fall automatically most of the altcoins are fall including Ethereum.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: DevelopmentBank on August 20, 2018, 01:26:36 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Not really.

ERC20 tokens are primarily traded using ETH which means that, yes, they are somewhat related to the value of ETH. However, the value of an ERC20 token will really depend on the value that is decided by the market. Take for example some ERC20 tokens in CryptoKitties which are worth 100+ ETH. In that example, the value of the ERC20 cryptokitty token is obviously not related to ETH value but rather to the cuteness or rarity of that token.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Escf4 on August 20, 2018, 01:36:04 AM
This could be possible that the price of most ERC20 tokens will really ve dependent to the price of ethereum , because this tokens when traded accepts the altcoin etbereum in the exchange or trading sites ,so therefore ethereum are the referrence price of this ERC20 tokens and coins.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: chreez on August 20, 2018, 02:30:17 AM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
Technically they don't depend on Ethereum for their price movements but on the other hand, the market is also a reflection of human responses which is why sometimes the prices looks like they are tied opposite to ETH price.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Kaniel-ouots on August 20, 2018, 02:32:48 AM
no its not true evne ethereum price depend on bitcoin price so everything is just follow the same target or we can say boss (bitcoin)


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: AndrewBrown on August 22, 2018, 03:13:56 PM
The prices of ERC20 tokens are affected by a much higher factor than ethereum. In my opinion, I think that the level of demand and supply are the basic things that affect these tokens the more, rather than the price of ethereum. While it might be true that ethereum does relatively have an effect on these tokens, I do not think it is a major factor that affect them.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: orkoso on August 22, 2018, 03:38:43 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Most do yes, but not all. Those that have an immediate dividend possibility are clearly in demand and they do preserve the value in terms of fiat.

Also, I have observed that coins related to crypto exchanges frequently preserve their value quite well because these are value backed by exchange´s fees, so their value is good even when other tokens fall because at the end of the day you will normally sell coins and pay a fee for it and it does not matter if the market is good or bad. In that category you will find Binance, OK and similar coins.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: ynatopak14 on August 22, 2018, 03:40:54 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
One hundred percent NO NO NO!!!
there are so many ERC-20 tokens in the market that can be exchange with BTC... most of them.
those erc-20 tokens that depends with ETH are those who dont have exchange but FD and ED...
there some ERC also with USDT...


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: bitc0000 on August 22, 2018, 03:44:22 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
One hundred percent NO NO NO!!!
there are so many ERC-20 tokens in the market that can be exchange with BTC... most of them.
those erc-20 tokens that depends with ETH are those who dont have exchange but FD and ED...
there some ERC also with USDT...
ETH will not decide on the price of the ERC20. Bitcoin and supply and demand will determine the price of all altcoin and tokens in the market.
I don't know which ERC20 is affected by the price of USDT. can you help me?


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: coinlocket$ on August 22, 2018, 03:47:06 PM
It is common to associate the price of the ethereum with the relative price of ERC tokens, normally when the price of the ethereum rises, the value of the most of tokens also increases.
This I think is due to the fact that tokens are based on the ethereum chain and without this blockchan can not have any value at all. Also worthy of note is the fact that when the value of the ethereum rises the price of the tokens rises, otherwise when the value of a single token rises the price of eth can also fall.
Finally, when a token of a project reaches a strong project idea it can be detached from the chain ethereum to create a new blockchain, the last big example is EOS.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: repear7 on August 22, 2018, 03:51:44 PM
Yes, but not entirely true. Because, if u assumsed like that, you know if ether is depends on the price of Bitcoin too. So there's many point on ur statement.
As u know every ERC20 tokens have their respective projects. So if u want to know about that price you must analyze from their problem, roadmap, innovation, goals, and many more. So on there u can see the price will go up or down.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: tamango on August 22, 2018, 03:53:57 PM
It's not true for every tokens but for sure when ETH goes deeply down (like Bitcoin) almost every ERC20 goes down...


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Sasha88x on August 22, 2018, 03:55:36 PM
Price Etherium price token Erc-20 undoubtedly depends, but not because of the price of Bitcoin. The price of Bitcoins affects the entire market and for Ethereum including...


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: zeze18 on August 22, 2018, 03:55:55 PM
It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?

Yes because most of them are trade with ETH pair.
So, if the price might be increase in ETH pair but eth price is down.
The token price is actually down


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Tipstar on August 22, 2018, 04:04:30 PM
One general reason for that happening is due to almost every buy and sell order of ERC20 are placed with ether. And the current price are expressed in ether. When the price of the ether fluctuates, there would be a resistance of fluctuation but the price of the token moves with the price of Ethereum.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: namcunguyen on August 22, 2018, 04:13:17 PM
When Ethereum is also the foundation of the ICO, it is inevitable that Ethereum itself will be dominated by such projects, and sale of only one project can produce a change of purpose for the market. In these cases, ETH price may then increase and ETH based Altcoins will increase.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: Kaller on August 25, 2018, 11:37:05 AM
That is not surprising given that they are made on the ethereum platform so it is only normal that the price of ethereum will affect their prices and now that ethereum is not doing too well despite all of the other coins doing well just goes to show that a lot of the tokens are in danger now. Hopefully the price of ethereum will start to do well so the tokens can do well too.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: kzozenberg on August 25, 2018, 11:43:56 AM
As I observe the tokens are more dependent on he BTC they follow him as the leader.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: donskova29 on August 25, 2018, 08:46:51 PM
I have noticed a trend where Bitcoin falls or rises, alternative coins will follow.


Title: Re: The price of most ERC20 tokens depends on the price of the ether!
Post by: jhache on August 28, 2018, 10:40:55 AM
Well seeing as they are built on the ethereum platform then yea I guess it is only normal that the price of the tokens are dependent on the price ether. Also you cannot ignore their trading pairs, once these coins are put in the market their trading pairs are with eth so whatever happens to the price of ether is what happens to the price of the tokens.