Bitcoin Forum

Ethereum now down position number three coin of coinmarketcap. XRP now top two number currency. So what is your thinking about Ethereum trading? Now I am hopeless. Maximum time I trade by Etheum. So Now I am disappointed for downfall of ethereum

Well those two coins are battling it out for the second spot in recent months. Ethereum slipping is due to Bitcoin talking down some alts so when Bitcoin recovers I'm sure that Ethereum will regain its number 2 spot unless XRP hold its position (but I doubt that it can sustain the run).

If I'm in your shoes, I wouldn't panic as this point but continue to buy Ethereum and wait till the dust settled between the Bitcoin Cash war. Continue to accumulate Ethereum and I'm sure that once a break out run happen, you will be happy that you made the right decision.

It’s hard to beat Ethereum.
Almost all markets are in the red today. so no need to worry about that. I'm sure that It will regain its place. Ethereum use will increase drastically, which will lead to higher prices..

If you are really an ETH trader, I don't see how it was a big deal to be disappointed just because it now fall to rank 3. You can continue your trading as usual as it can't really affect the overall trading strategy.

And with the current trend that is happening to bitcoin, all altcoins are bound to be affected.

Just have a wild conclusion about Etherium once it didn't still meet your criteria even after a big increase on bitcoin price or should say a healthy market now occurs.

Ethereum and ripple is always fight for the marketcap so this was many times changing the position in crypto market. I think you are not active in this forum that is the only reason for saying your hopeless statement. All the peoples are ready to participate in Ethereum but Ripple is a banking sector project so some big whales are involved in this project. It is the difference of both project so Ethereum will beat the Ripple at anytime.

The market cap of a coin doesn't really matter a whole lot in trading IMO, and all coins have taken a tumble recently, just some have fallen in price more steeply than others. Once things start to settle down after the recent tanking in price of all cryptocurrencies, I expect there may be a point where Ether is once again #2 in market cap if you care so much about it. Ethereum might be on a downfall, but this definitely isn't as big of a deal for traders as it might seem, and many more factors contribute to a downfall of a cryptocurrency.

Things are getting worse for ETH and I do not like seeing this discount because it has haunted me this year, causing me to lose a lot of money. Perhaps the interest of so many people is becoming less and less, and investors are showing signs of leaving the market more and more, making the value of all pennies unrecoverable.

Why are you even worried? it's not even the first time Ripple has been in the second place ahead of Ethereum and besides ripple is far older
than Ethereum
To me Ethereum has done so well and there is yet more to come. The current slump in the market isn't affecting ethereum alone..almost all major coins are in the deep.

It doesn't matter. As far as a I know, since October these two coins have somewhat exchanging position so many times. But their supporters are pushing each other, so its all good I guess.


Lol. Why are you hopeless? Its not the end of crypto. This is just another test for most traders because of the current slump we've seeing. Just take this as a good lessons for you so that next time you won't get disappointed or at least be prepared. Just go long and don't short them because of the market situation.

Yeah, the tension begins between Ripple and Ethereum. For the second time this year Ripple had overtake Ethereum in second spot in terms of market cap. Some say this is jus a pump for Ripple, but I think the trials made by some banking institutions had an impact.

Keep investing on Ethereum. It is way better than XRP. Keep in mind that Ripple holds most of the XRP and shit tons of XRP has been premined. This makes XRP kind of more like a centralized coins. Banks are also getting involve with this currency. Crypto currencies were meant to be decentralized. Just keep hold of it until the market starts to recover and stabilize again. Ethereum will go back to its initial position. So will XRP.

It had been playing at the number 2 and 3 spot for quite a while now.
Tension? Yeah it already happened since Vitalik told the people that the market wont experience the same way it did last year. Now he is an economist. ;D

Well, with trading there is a lot of loss since the market is not stable. It will happen over and over again but there is still a lot of expectation before the year end so maybe there is still some light ahead.

Ethereum had problems with that also last year and I know that it will recover as much as what happened also on last years downtrend.

For me whether second or third position in cmc does not matter and that is not what is going down with market sentiment. Ripple  can't be compared with etheruem nor other decentralized altcoin.  Ripple is more of a centralized coin which makes it more of fiat.

You would really be just upset if you have bought on the peak and tension on trading is inevitable rather than tensioning yourself it would be much better
to take this situation as an opportunity to buy cheap. No matter on what would be the position of ETH in the market top 3 isn't still bad and I would see that it can
able to reclaim its spot once again and also come to think off that unexpected things do happen with this market.

I advice you exit then check if where it will correct. There should be a correction level that you can re-enter if you really believe in that project. But if you're really aiming for profits go for the ones that are undervalued.

As a trader you certainly know there are both tops and bottoms, bears and bulls. Even this sudden decrease in Ethereum price creates an opportunity for a winning trade (provided a proper money management). Take a lesson, and keep trading  ;)

This is a temporary exit from the 2nd position in the rating of cryptocurrency. As soon as we start growing, then the ETH will return to its place again. Don't worry!

I'm personally quite bearish for ethereum at the moment, so I prefer to keep just Bitcoin in these market conditions...

during the war turmoil that occurred between two SV and ABC coin supporters, the effects given to large coin coins were also quite large and made damage to the market, it seems this would be a problem in the future because it eliminated trust so that trading volumes also declined. hope in the ethereum also weakened

Yes trading really is not good now because of eth is crash.It really affects all in market.lt might lost our benefits now to have income.This is the worst thing and time to trade now.

No need to worry bro it is a temporary change in cryptocurrency ETH has decent potential and very promising coin in the coin market. It will get back again to its previous rank and hopefully, the market will dramatically change within a few days.

Oddly enough Ethereum goes to the bottom, all projects are trying to fix their profits. Vitalik Buterin needs to make some decision, otherwise Ethereum can finally lose its price!

rank of an altcoin based on its market capitalization is completely meaningless no matter which coin it is. it becomes even more meaningless when that said coin has a huge premine such as both XRP and ETH which had majority of their coins premined. so try not to put too much thought into which one of these two shitcoins are rank 2 and which one is 3!

as for trading them right now we are still in the dumping phase for most altcoins, specially the "top rank" ones. so the strategies that you can use these days would only be shorting or buying the dips to dump right away at dead cat bounces.

Ehtereum has endured for a long time already, especially in comparison to other coins in the market. No wonder that such holding power and endurance would not last for forever so to speak; however, knowing that it has such capacity to be be strong despite the negative market status, it will show good gains once it begins to recuperate, and I am sure that it can get back its spot.

Even how many times it downfall its value, as long as there's a buyer continuously buying and selling. It means that Ethereum in the right time it will bounce gain, then if that happen for sure Xrp will be left behind by Ethereum again. This is just a temporarily things happened in the market, so if you have money to buy Eth, you better take the chance then hold.

Just trade it if you truly support Eth, the downfall made by the recent dump of bitcoin and the commotion from ICO's adds the burden from their battle for the number two spot but it doesn't mean XRP is better than Eth wait for the price recover to kicks the bear situation then we can see who's the real number two, Eth has its own issues but compare to Xrp I will choose Eth instead from the two of them to hold and trade.

It`s how we need to look at things, in the long run. Fluctuating price means that price goes up and down, who like short term trades can try it, price will moves up and down, in long run I think price of ethereum will grow. Ethereum is still looking for its bottom, I thought it will be at 200 dollars, but it dropped more. Personally I don`t like short term trades with ethereum, it doesn`t have fluctuations I like, but I have couple on a side for future, I think that decent potential you talk about can push price very high one day.

Etherum is now a very volatile altcoin, bot advisable to trade with at the moment. Advisable if you are to trade,.trade with bitcoin pair it more stable

The Ethereum price is falling due to lack of people investing in ICOs. The Ethereum price reached up to $1400 due to high number of people buying Ethereum to invest in ICOs. Now many people are disappointed with ICOs yet small percentage of people are buying Ethereum.

Right now all coins have that tension on trading. It is not easy to decide if coins are too low that it is amazing idea to buy them or it is idiotic to buy them right now because they are going low.

Both the ideas could be true, we have no idea what will happen. Ironically everyone believed the price is dead set low for 6 thousand dollars and nothing under would happen but now that it is under 6 thousand dollars we all think it might go even lower if miners keep on fighting.

Nevertheless, ethereum is a better choice than bitcoin that is for sure. It by far went down a lot more than bitcoin, bitcoin is about quarter of what it used to be and can go as much as that and still not yield close to what ethereum can during that market. If a bull hits I can see ethereum going ten times what it is right now.

I don't understand how XRP jumped so high when all the prices were red. I know they shared positive news but if there was another digital currency instead, maybe there would be an increase but that would be like pump-dump. Essentially, I am against the central digital currency and I don't want to see them upstairs.

Investors are playing us knowing that they have a big role in crypto world as without them, the entire market would be possibly paralyzed. But is somehow, some of them are still working on crypto and aren't giving up their life and money just to make way helping it recover from long dips. But is sad that isn't enough and it needs our help for fast recovery.

I am quite surprised to see the eth falling, it supposed to be a strong coin that could become the alt coin stronghold, but the situation got worsen and now its not surprised to see xrp taking the eth position, xrp is quite famous for the investment, some people even suggested xrp because of the centralised, they feel safe by investing something that being backed up by bank, and xrp has been taking the eth place several time

although ethereum is in a low position, I see if ethereum is more interested than xrp. this is not a comparison but this can be used as one of the real moments. so never to despair with ethereum because ethereum is still potential.

Just keep the faith and keep your goals in focus and don't get distracted by the down turn of Eth's price it is just a temporary thing. It will regain back on the spot on where he stands. Just change your trading strategy but never quit as it may end up of regretting afterwards.

Currently ETH is down to third place, behind the XRP, ETH price drops sharply perhaps because of the influence of bitcoin  make the altcoins decrease as  well, I think after the bitcoin price increase  ETH also will back to its position because ETH is reliable currency and big , so do not worry, ETH will return

Well, current situations indicates that it's not only ether that's having a hard time. Bitcoin followed trend and there doesn't seem to be any good news coming our way pretty much for the entire market. I agree that the decline in icos had a big effect since a lot of them are on the eth platforn to begin with. Oh well, hopefully we get to have  good end to this dragging year.

As a trader, the dethronement of ETH by XRP on coinmarketcap should not bother you. This is a problem for hodlers and those following the tech. The price drop is largely stemmed from the drop in the price of BTC.

Ethereum will take its place back soon "if", I think it is in 3d place because of some delay in their roadmap , they have put off byzantium project and now they are paying it off, If they don't do anything about it , I don't think it can take its place back .

It somehow we accept that Ethereum isn't a very competitive for now and the its developers isn't helping. It would be back soon if they take actions on it seriously and have a long term marketing strategy that could help bring into a positive outlooks.
It happens that more investors have trust into XRP and placing their money on there.

I think it's because of the recent development that Ripple is doing, the xRapid and xCurrent, but don't lose hope because Ethereum is also trying have it's better version (Link (https://medium.com/rocket-pool/ethereum-2-0-whos-building-it-54a735442e)) and maybe that's the catalyst for eth to regain it's throne. Overall, market is on bad condition so maybe that's the result and with Ripples continues updates this bear market, maybe that's the reason it stays on the top two and might last longer if ethereum didn't have it's catalyst to go back up.

do not infest too much on one coin, because the fall of coins can cause us to be destroyed not left, apply in trading with the distribution system, which starts infesting not just one coin, because the fall of one coin is not necessarily the destruction of other coins, and infusing it without emotion fortunately, because the destruction of a person usually lies in the desire to win a lot, maybe infusing  bitcoin is still interesting even though we don't put all the money there.

This is not the first time that ethereum was overtake by ripplein terms of market capitalization will happen and it happened more than three time last year alone.  Ripple has a nice team more than ethereum and the way icos are failing actually affect ethereum price.  There is no need for ethereum if tokens or projects are scamming people and investors are no longer investing because of this.  
Bitcoin is heading towards $2500 or $3000 and ethereum might fall further to the level that I think is not favourable.  We just need to allow time to tell were we ethereum is heading toward.

The thing here is that there is no coin on the market that is pretty much not subjected to huge volatility and this is one of the reasons why we always say as a trader, never joke with your stop loss as this is an integral part of every market decision.

As long as you want to trade, make sure you know what you are doing, otherwise, there is no way you will end up not making wrong decisions and for such people, they are always the target of the whales in most cases. If Ethereum price falls, see it as an avenue to be going in big for the long term when the market shows sign of recovery if you can at least not manage yourself when it comes to trading.

All coins in the market are volatile and that starts simply from even the top of them all which is bitcoin. It is a decentralized space, unregulated market, and also new, which subjects it to a higher level of volatility. However, you only get tensed when you do not know that firsthand before entering the market, and you are letting your emotions take the best part of you. The whole market is falling, live with it, if you can trade, then do so, and if you cannot, just accumulate the dips or keep holding. Simple as ABC!

I dont think so that XRP can be compared to  Ethereum. Ethereum is a very big project and there are a lot of ICO which are running on ETH block chain. Altough due to extensive pumping  Ripple has managed to attain the No. 2 slot in coinmarketcap but this will not last for long. ETH will come back and retains its No. 2 position after bitcoin.

Actually ETH had been down for some time now and the depreciation in the value has been very intense as a result of which it is not so much easy to get recovered. So there is a tension in holding ETH because an investor needs return but ETH has been down for long.

ETH price keep falling and it's currently struggling in 140+$ level despite still many alt coins are using it's erc20 smart contract the threat from other coins like eos and neo who put up there own smart contract independently really affect eth price movement. Let's see how vitalik and company make things favorable again to eth in the long run.

Honestly, even a couple of months ago I was absolutely sure that Ethereum would rise close to the end of this autumn. What we see, does not make me happy. Hopefully, ETH will gain soon.

because many ICOs are cashing out right now to spend with their projects that is why ICOs should accept many currencies to prevent this from happening in the future to spread the fund and avoid dumping.

I think that XRP is top2 now, because it's manipulated currency. We can see it because this coin didn't react on the fall of bitcoin at 4600. Eth reacted as a normal cryptoassers. So I dont see any reasons for panic

We all disappointed but what we can do about it, that's the important question you need to answer. Don't blame market or cry because is not helping but think with realistic will open our mindset this is too far to follow. I only said cut loss all and try new step out side crypto market.

Like bitcoin, eth has also made good moments in history. It becomes the most famous altcoin in last year and this year too people are using it. It is cheaper than bitcoin and gives better profits than other altcoins.

Market should be fairly predictable but it is currently not at all. It is a hopeless situation.
You can still make good amount of money if you understand the market. Those profiting are very tiny which shouldn't be the case.

vitalic know about it. he can not buy his ethereum, even they have much. your disapointed and my too can not grow up ethereum price back into january 2018, even so many ICO scam use ethereum flatform and sell off them.

I was thinking ethereum was incredibly cheap during the 200 dollar times, I mean I knew bitcoin was at a good price and that was bottom and I failed because it dropped even further but it still makes sense a bit, because the miners sold their bitcoin and that dropped the price in bitcoin which caused all market to drop. However nothing happened to ethereum, there is no massive sell off, there is no trouble, there is no code error or double spend or something.

There is no ICO that stole all of our money. Ethereum literally is living the best time of its life with all the amazing stuff thats happening around it. When the price drops this much, I seriously think about selling everything I can to get more ethereum right away because it looks so so great at this price, I feel like we are missing out so much from not buying ethereum.

This is a very difficult test for us as ethereum holders, besides the position of ethereum already shifted by ripple, this is also the lowest price point for ethereum this year, I even see the marketcap difference between number 2 and 3 starting to stay away.

I think this is the general situation of the market. Keep up the good work and try to increase the amount of eth

In my opinion, it is normal for ETH to go down to third place at this moment or the next. The world that ETH created is really the crypto world that I want. XRP can not do that for bitcoin and ETH!

Hello! the whole community is frustrated by the fall of Ethereum. I think that in the long run, Ethereum will return its position. HODL!

I am not a trader but I also hold an ether who is also disappointed because it has fallen so badly. But I still believe and will continue to hold on to it, if you are an ether trader I think you can just turn into an ether holder for a long time, because I are still sure ether will recover in the future.

I don't have any reason to get worry about it, because this is just a temporarily things happens, and this is normal things also  where it is most often happened in the field of trading business. And I am sure in the end Ethereum will bounce again and xrp will be left behind once that happen anyway.

It is just a temporary effect due to market fall but once it recover, ETH will be in the 2nd rank again. ETH platform is widely used in many ICO's and probably it  will have a huge adjustment once market recoveries will start. Volatility makes this things so vulnerable and it give a huge impact into ETH holders as its price goes deeper today.

We must not be hopeless regarding with ethereum price. Since it is the king of altcoin, it will go back to its peak price which is 700 usd. Well, it might take long period before it will sustain its momentum again but we need to wait rather than to lose our hope. Ethereum and other coins are dumping yet they are always move upward when there is a good news or development.

I think this could happen because the ETH is not the same as before and people are more inclined to sell ETH. This has a huge impact on the people who are keeping ETH because they have a great deal of faith in the project but until now they have just been disappointed. I believe next year will be the year when more new technology coin will develop and will beat ETH in the future.

Ethereum indeed has lowered the price very deeply now, and the day traders, especially when they see the price of Ethereum come back down, most of them have experienced panic and concern because of the falling price of Ethereum, so we must have our own speculations and beliefs about Ethereum in future.