Bitcoin Forum

I'm continously watching eth market it's going down and down even if btc is some stable near 12k, is it probably due to high dominance of btc over market, touched ATH dominance almost 70%, means all buyers willing for btc not alts that's the reason of alts bleeding, I'm thinking to hold my eth for now because i hope it'll back again. Not sure about other alts.

Name   Ethereum
Symbol   ETH
Rank   #2
Ethereum price   $211.74
Market Cap   $22,715,177,924
Trading Volume   $8,033,279,263
24h Low / 24h High   $207.58 / $219.27
All time high
All time high   $1,448.18
All time high date   2018-01-13 (one year ago)
Since all time high   -85.38 %

Source: (https://athcoinindex.com/coin/ethereum)

So more than a year after hitting it's all-time-high, ETH is still way down, while BTC is just 40% of it's ATH. I guess it will take more time for ETH to even reach $500 this year. It's a combination of factors and we can't just pinpoint one reason why the price seems to be tanking at this point.

Probably it has something to do with Bitcoin's price really taking the market and altcoin investors are shifting their funds on it. I'm not giving any financial advise though, it's really up to you to HODL your Ethereum and hope that the price could go back in the future.

People start doubting about ethereum, including me. I think that ethereum needs an upgrade so it can jump back to its best performance. For now probably everyone is busy for heading bitcoin halving. So let's just wait until then and see what we could do for ethereum.

It's hard too look at ETH this time around. Bitcoin is soaring high right now and converting to it while it still hasn't reach its all-time high is a good move. I think that's the reason why ETH and most altcoins right now are bleeding. It's difficult to tell whether when will altcoin follow Bitcoin's trend but only time will tell. Investing in it while it is still in dip is also a good idea in my opinion.

Bitcoin dominance increase day by day, that's time dominance rating high 71.2% so BTC-ETH Pair e bottom price of the ETH.It is good time to buy eth.

Presently ETH is trading at 211$ which is very bad even when bitcoin is at 11800$,i think this is happening because many investors are moving over to bitcoin investment,its very hard to know if ETH will fall further so i dont know if this is a good time to invest in ETH

like me, I still hold Ethereum today. I am sure the future of Altcoin will come. moreover ethereum is of course the first altcoin to start the pump than other altcoins. only bitcoin is currently stable, but all altcoins average have decreased

Ethereum coins are obviously good coins, but they are not always pumped in the market, and other altcoins are also not all pumped up when ethereum is pumped, and if for bitcoin now it does look stable, it's just not entirely due to price differences between markets.

For sure - holding ETH is a good decision. Now the price is to low. I think that Ethereum can reach price 0.1 BTC per 1 ETH easey. So now is good time to buy Eth cheap and hold it till good times. Hope that this good times we will see soon.

Ethereum price has dropped significantly since the beginning of the year. In the spring it was 0.025-0.03. This suggests that the dominance of Bitcoin is growing.

This is horrific, BTC dominance is too high and unfortunately it harms all other altcoins. I just looked and ETH is traded around 0.017 BTC and generally I cannot remember when it has shown such low price in comparison with BTC.

I think this slowdown is due to the cryptocurrency policies of large countries. USA - Russia everyone wants to make a profit from cryptocurrency, and here they are trying to introduce new laws. It seems to me that this reason is currently hampering the real growth of cryptocurrency.

not at all, bitcoin has always been dominating the market even when coinmarketcap website was reporting the fake dominance at less than 50% the real dominance was 99%.
that is exactly why bitcoin has always been rising in the long run while all the altcoins have been losing value over the long run.

of course in this particular case (ethereum) the reason for its continued fall is that eth has lost the market. the ICO scams are no longer hot as they were before so it has no usages anymore and people have no incentive to buy it. meanwhile the damaging effects of having an unlimited supply are starting to show themselves.

What kind of law or policies? it has been years, and they keep preventing their users/investors in cryptocurrency especially the U.S. It is no longer a secret that they want to know how much your asset is and trying to implement a tax on it. the real reason why ETH keeps moving down because people believe Bitcoin is going to take another high while alt is slowing down, and it is safer investing in Bitcoin other than alt right now if we are seeing it based on Bitcoin dominance.

You got it right. The higher dominance for bitcoin means that people are buying it instead of altcoins. You can hold eth for now, many have been holding it and just waiting for its break out.
I'm also waiting for the right time to sell it and I'm not willing to sell it at any price from these moments. But it scares me that it's likely to see ethereum falls down again below $200.

All coins, including the Ethereum, are falling for bitcoin-related reasons. Considering that the bitcoin price will rise further, risks for all of the altcoins remain.

I believe altcoin will soon collapse, People are currently focusing on BTC and they are not interested in altcoin, right now I am seeing altcoin having serious bloodshed. ETH is definitely going to go down in the long term and maybe we should buy it when it goes below $ 150

Actually there is no need to be afraid if you are patient enough because I myself am very sure that all the conditions will come back again. Now we just need to be patient, if indeed eth will drop below $200, you only need to buy back gradually, this is the strategy I always do, always buy when the price goes back down.

And look how many people are sorry now because last year they were afraid to buy bitcoin, now the price has increased 3 times. Well I hope you will not regret it like these people and keep what you hold now. Keep calm, ETH is still the first.

Now we only need to wait until bitcoin dominance decreases and becomes alts dominance. Everyone is now focused on bitcoin, it's natural, because this is also a fundamental influence, news, and bitcoin is starting to approach the fork period. I was hoping that the alts would go down because I could buy it cheaper while waiting for the alts season to come. So make a wise decision now.

Please keep dumping, I will ALL IN if ETH Below $150. Maybe it will be happening if BTC Dominance reach almost 80%  ;D
I still believe with ETH even new competitor (BNB) keep growing until this time. ETH still hiding something great from us...  :D

wow collapse? how can you say something like that? If Alt is going to face its doom, then why would you suggest us to buy it at or below $150.
it does not make any sense at all. And if you do not know about it yet, a few months ago, ETH was traded at $100 or even below that. But look at it now.

I notice it too even bitcoin dominance for a week still Ethereum could not catch up so well everyday as well as some altcoins in the market. Still hoping for Ethereum to make a comeback this year so that it can compete well with bitcoin dominance.

maybe he hates alts ( those that are not profitable and uncommon ) except eth because eth has a high potential among other alts and yes all alts including eth and even btc can all collapse because that is how crypto works  . solid coins can collapse but only on a reasonable amount   .

its also normal that btc is more indemand . many people likes to bought bitcoin because btc is more on the safe side but this doesnt mean that the rest of the alts are a bad choice for investment or for personal use .

This present time is for bitcoin investors. Nonetheless, if anyone decides to sell off his altcoins, most especially the good ones, you never can tell when altcoins will begin their journey to the top, so that might make you to miss out of the crucial moment of altcoins uptrend.
Also, investing or trading on bitcoin may not guarantee you your profit, because bitcoin's price itself is not stable. Today it is up and tomorrow it is down. Therefore, this instability might be risky for whoever is not a pro in trading.
Sometimes, I also wished I could just sell my altcoins and invest in bitcoin, but my experience so far in the crypto space, as regards trading and investment, will not allow me to venture into such. Patience is highly important and only those who are patient and do not get agitated with happenings in the crypto space, will succeed with altcoins investment.

Ethereum is had different characteristics compared to other altcoin. Ethereum was the best one compared to the remaining altcoins. The only similarity is the price of Ethereum will decrease as like other altcoin, when the price of bitcoin is tends to decrease.

Looks like ethereum and all other alts are going to have enough tougher months as btc halving event is coming next year and we are already in halving pre hype zone for btc and if the overall volume of crypto market does not grow significantly we can see btc dominancy going further higher and alts struggle even more. Lets see what market brings in coming months.

Unless Bitcoin dominance is reducing, It will continue to be a though market for all other alternative coins, The peak of altcoins is when Botcoin was losing it dominance which was slightly over 50% , now It is 71%, that indicates why only bitcoin is more valuable from its ATH compared to altcoins.

It has been such a normal thing when the price of BTC increases, then it will influence the price of altcoins, commonly, it will down.
It also happens on ETH. ETH has reached around $300 some months ago and it makes the value of ETH increase so much. However, it all decreased again during the dropping market condition or market correction. I think it needs more times for Ethereum to reach its better price on the market, following the success of BTC.
Of course, there will be a certain time for ETh to come up again and prove that this altcoin is worthy enough to hold or have.

I believe this is the best time to  acquire and bag much Eth now as the price is really low. Even with the Bitcoin price been steady and Ethereum is dropping, this shows the dominance of Bitcoin over other alts

This is the fate of all altcoins. As time goes by people begin to understand that there is no place in global economy for hundreds of altcoins. People will want an alternative cryptocurrency that is easy to use and won't have time to learn about many other and watch their prices change. All laws and regulations are made for bitcoin and if any cryptocurrency becomes big it will be the one everyone knows about.

Somehow every altcoins is bleed to death despite the gains bitcoin has made in the recent weeks.Ethereum growth in price is critical if we are to see an altcoin bull season. It seem likely however that we are going to see bitcoin dominance of over 70℅

I think holding ethereum for the long term is not the wrong choice. Almost all altcoin prices are currently falling due to price strengthening and bitcoin dominance, but ethereum is a long-term investment and I don't think I would worry too much if I hold ethereum for the long term even though the price is currently falling against bitcoin

Not so many supports for ethereum because the price still remain stable to go down. Ethereum looks possible to touch another bottom bellow 0.018.
IEO has already robbed the buy support for ether and this time majority of investors of ICO think about what should they buy ether when they can't use it for ICO or IEO.
This is the problem that was making ethereum decreased a lot.

BTC is getting stable around 11k. Now I don't think that BTC will cross the dominance level more than 75% in the upcoming days in this year. That means people will get less profit margin in from BTC. SO the next thing after the BTC is still the ETH. So we can hope that ETH will do best in the last quarter of this year.

I think it requires a lot of improvements to reach back on what it used to be. Difference is back in the day when someone wanted to use dapps and make a new game they used ethereum, when they wanted to create a new coin they used ETH ico format, when they wanted to do anything basically they used ETH and that made the price go up really high, there was a demand for it for paying ICO which was in billion dollar at one month and not all ICO's sold it right away.

Of course, with time ICO's died and owners kept on selling whereas investors stopped funding which made it go down. Nowadays we have NEO, EOS, TRON and many more for the dapp part of the deal whereas we have Binance chain and IEO hype going around for the new coin printing deal which both makes ethereum fall and not go up to what it used to be.

The lack of new ICOs and the fact that the old ICOs have failed, is of course a reason why ETH is where it is now. But honestly, I think it's mostly due to the entire alt market.

Everything is down, not just ETH. In fact, ETH may be holding up better than a lot of other coins. The best thing for ETH and probably all alts is for BTC to fall back a bit into a consolidation pattern for a couple of months.

I think buy more at lower price to DCA, you'll get more when price go up even not equal to the first time's price.
DCA Is a very considerable option in this bloody market.
I'm selling every thing to DCA> hope for a brighter future.

Holding of Ethereum is best option, then holding of bitcoin. Because bitcoin is best one for the short time profit and Ethereum is good to hold for the long period. If you want to get short time huge profit, you can inverse your money in bitcoin. If you compared only the altcoin, Ethereum is best option.

That is lower as price was in March 2016 so three years and a half ago. Most people having ethereum now did not even know it exist back then.   60 million or more then half of ether in existance, was bought at $0.31. You can imagine where bottom is then.

Just like I would advise that you never joke with bitcoin, it is the same way that I would advise that you also do not joke with Ethereum also because Ethereum is a project with very great prospects, they might be having some challenges right now with their prices, but they will eventually come out of it.

Altcoins season is generally being affected by one common factor which is the dominance of bitcoin which we all know, and the most time of bitcoin dominance, this is what we are always seeing of altcoins too. I believe strongly that altcoins will come out of these downtrend soon, cannot say if it will be this year because I see bitcoin remaining market dominance for the rest of the year but I am very sure that year 2020 will definitely speak in favor of altcoins holder.

ETH now is not popular crypto.
Last years ICO hype kept the price despite another postpones of updating network.
Now community see what eth dont need more, now we can buy on IEO for btc direct

If ETH is not popular then it would be the second coin behind Bitcoin. What happen to ETH was due to the investors reacting to the sentiments of the market. It did touch it's all time high in early 2018, unfortunately several projects started to dump and continue up to May that year that took the toll on ETH and so it haven't recover.

And then there is competition like Binance (BNB) mainnet and then XRP as well. That two alone is already a big project facing ETH right now, but it doesn't mean that the community doesn't need it. There will be time that ETH will bounce back but I don't expect it to happen this year.

Its been too long that Eth had stayed below $300. I haven't thought it will drop down that low from $1000 before but it actually went deeper below $100 last year. Hoping it will recover this year. Still good to buy and accumulate now.

I really don't care too much about the price of ETH compared to BTC. In the short term, BTC and ETH may increase or decrease in opposite directions. But in the long term, the BTC increases, ETH will also increase. If the BTC is gold, then ETH will be silver.
and now the BTC is growing quite strongly, if ETH drops in price, I will continue DCA to buy more ETH at a lower price.

Yes, the market is currently dominated and ruled by BTC and Eth is showing a downfall like all other ALT. Hopefully, by the end of this year, Eth will have a rise in its price after BTC halving is done.

What does it mean? A better opportunity to buy Ethereum than Bitcoin. Bitcoin is too expensive, while altcoins are on the lowest levels, so why you should buy Bitcoin instead of altcoins?

As we have seen after a long time observing ETH, it is very difficult to develop prices even though many people expect ETH because of their great quality and potential. Of course all think and find out what is the cause but it is difficult to explain, I assume that Crypto is not in good condition but on the contrary if the digital currency is legalized soon, Crypto will rise again, especially BTC and ETH on the wind.

Let’s see where this is heading. In my opinion, Eth and other Alt will see a rise in their prices soon after the halving of BTC is happened as more and more people are concentrated on BTC as of now. And I think this is a good time to buy some more Eth to get benefited from this dip.

There should be some strong reason behind this fall. Only people like us does not understand that. Its always a nature of a small trader to get things realized after the event has already happened.

I hold several Ethereums at the moment and my portfolio shows a few percent declines due to falling ETH prices, I'm surprised at the current market because the dominant BTC is higher and the altcoin hasn't been given a chance to rise

Yes, the market now prefers to buy bitcoin. But I thought it was the right time to buy Eth, because ether was underestimated. I have ETH in my portfolios and I don’t even worry about the price drop because I know that this coin will always be in demand.

the altcoin session will come soon, after investors get bored seeing bitcoin going up alone, then investors turn to aiming for altcoin to invest, so that with the profits made on bitcoin, they can buy more altcoin. and ethereum to become the main choice for investing, because this altcoin can provide the second highest confidence after bitcoin