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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: DAVID GRACED20 on January 10, 2021, 05:09:20 PM



Title: Why does $ETH lead the bull markets?
Post by: DAVID GRACED20 on January 10, 2021, 05:09:20 PM
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


Title: Re: Why does $ETH lead the bull markets?
Post by: Bttzed03 on January 10, 2021, 06:05:22 PM
~ Why does $ETH lead the bull markets?
ETH might have outperformed BTC in recent days/weeks but bitcoin still leads the bull market. You should know that it carries and drags the whole crypto market.

Probably because $BTC is a bet in the past

$ETH is a bet on the future
I've been hearing that "Bitcoin is old tech" and other blockchains such as ethereum are the new tech for years now. None of these younger coins can provide better security though and a lot of them are also less decentralized than we think. Even the so called "DeFi (Decentralized Finance) runs on centralized servers and are hackable.

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Shills like this won't fly here.


Title: Re: Why does $ETH lead the bull markets?
Post by: Tytanowy Janusz on January 10, 2021, 06:41:10 PM
Why does $ETH lead the bull markets?
Probably because $BTC is a bet in the past
$ETH is a bet on the future

Propably beacause you don't know what you are talking about. BTC is 97% above 2017 ATH while ETH is -10% from 2018 ATH.


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


Low substantive shill and even you did not link us to your shilled coins because there are 3 different projects with BET ticker.


Title: Re: Why does $ETH lead the bull markets?
Post by: terrific on January 10, 2021, 06:45:22 PM
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
If this is like the 2017-2018 bull market.
We're seeing the stoppage of bitcoin's bull for the meanwhile and it's now the altcoins that are surging.
But if it's different by this time, we'll still see bitcoin moving up once ETH's done.


Title: Re: Why does $ETH lead the bull markets?
Post by: bttmember on January 10, 2021, 06:55:59 PM
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
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: bekti3 on January 10, 2021, 07:21:20 PM
since bitcoin has been bullish a few times in early December, so it's no wonder why a lot of room was provided for Ethereum to release its pump, given the changing patterns of market leaders have been a reference after bitcoin topped. If the two of them agree to the wishes of the pope, and will slowly correct together.


Title: Re: Why does $ETH lead the bull markets?
Post by: flagpara on January 10, 2021, 08:40:48 PM
How an investor can enter into the cryptocurrency because buying Bitcoin is so easy to do. Already we're seeing the halving effect of Bitcoin as we saw last all halving effect. Altcoins are just following the Bitcoin bullrun, here Ethereum is just part of it. A few weeks before Ethereum prices didn't lead to a bullrun. Any old altcoin coin price can't follow this bullrun, but some new coins can do it.


Title: Re: Why does $ETH lead the bull markets?
Post by: disconnectme on January 10, 2021, 08:41:00 PM
There is no doubt the money is moving directly to Bitcoin now and when this slows down, these sets of investors will want to something else soon and will move to Altcoins and I believe DEFI tokens will benefit a lot from this. I personally do not see Ethereum out performing Bitcoin in long term


Title: Re: Why does $ETH lead the bull markets?
Post by: republicrypto on January 10, 2021, 08:53:27 PM
There is no doubt the money is moving directly to Bitcoin now and when this slows down, these sets of investors will want to something else soon and will move to Altcoins and I believe DEFI tokens will benefit a lot from this. I personally do not see Ethereum out performing Bitcoin in long term

indeed, bitcoin will always lead this crypto world
even ethereum is better in features and others, but for sure thats not enough for eth to replace bitcoin
regards


Title: Re: Why does $ETH lead the bull markets?
Post by: casperBGD on January 10, 2021, 08:55:13 PM
~snip
$ETH is a bet on the future
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.
[/quote]

do not believe in everything that is published on twitter, and do your own research
ETH is a perspective project, but with 10k ETH, total market cap will be in range of trillion USD, and that is a big amount, would like to see that, but one should be cautions and invest only what can afford to lose


Title: Re: Why does $ETH lead the bull markets?
Post by: Mahanton on January 10, 2021, 08:58:54 PM
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
For ETH then its a yes, it does have potential but talking about BET then i dont know on what youre talking about this one.

When in question about on why it do lead among the rest? Then it is simply because of demand.It wont be sitting on 2nd in ranking on the entire without any significant features.

For now to those people who had able to buy when its still cheap do really make some serious profits at the moment.This is the time for ETH
and might able to break new ATH's.


Title: Re: Why does $ETH lead the bull markets?
Post by: titanprojects on January 10, 2021, 08:59:56 PM
Seriously this bull run of the market is nail biting. What do you think guys whats the next level???


Title: Re: Why does $ETH lead the bull markets?
Post by: so98nn on January 10, 2021, 09:06:23 PM
This is not the way it looks like. The crypto space is always driven by one almighty currency and that’s bitcoin and nothing else. ETH can’t overcome the btc market because of its virtually growing supply and well demand keep more or less stable due to lesser investment opportunities.

Btc has always been upward arrow for every crypto currency. Whether this is because of its ever growing popularity or increase in the price the result is outstanding and in the favour of bitcoin only.


Title: Re: Why does $ETH lead the bull markets?
Post by: masterrex on January 11, 2021, 07:29:51 AM
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

I believe Ethereum is leading now on the Altcoin market but not on the entire crypto market because Bitcoin was still leading in the cryptocurrency market, by the way, I dont know much about the BET project that you mentioned I guess you should include some link about that project so that we can examine.


Title: Re: Why does $ETH lead the bull markets?
Post by: AmoreJaz on January 11, 2021, 07:55:55 AM
~ Why does $ETH lead the bull markets?
ETH might have outperformed BTC in recent days/weeks but bitcoin still leads the bull market. You should know that it carries and drags the whole crypto market.

Probably because $BTC is a bet in the past

$ETH is a bet on the future
I've been hearing that "Bitcoin is old tech" and other blockchains such as ethereum are the new tech for years now. None of these younger coins can provide better security though and a lot of them are also less decentralized than we think. Even the so called "DeFi (Decentralized Finance) runs on centralized servers and are hackable.

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Shills like this won't fly here.

bottomline, he just want to shill that coin. never heard that alt though. if BTC is a bet in the past, then it will not keep its topnotch position in the market til this day. dont understand why people are having thoughts that btc is somewhat becoming obsolete but definitely far from it. eth will just be the second best in the crypto market.


Title: Re: Why does $ETH lead the bull markets?
Post by: disconnectme on January 11, 2021, 09:15:37 PM
Ethereum does not lead bull market, it is Bitcoin that lead, as we are seeing recently, it is from Bitcoin that money first move to the Big Altcoins and then Mid cap then low cap Altcoins.

Bitcoin>Top Altcoins> Mid cap > Low cap

I believe people should start looking at those tokens they wish to invest to now


Title: Re: Why does $ETH lead the bull markets?
Post by: ife2020 on January 11, 2021, 09:21:45 PM
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

There is a need to start treating crypto currency reviews with more professionalism and not just guess and vibes. Even in the previous bull run; etherum has never lead the bull market; you need to understand that bitcoin remains the king of crypto tokens. Bitcoin leads, others follow . Etherum also dominates the altcoin world; but not to the level of bitcoin dominance.

Always do your research and refrain from putting your investments under pressure.


Title: Re: Why does $ETH lead the bull markets?
Post by: devollito on January 11, 2021, 09:26:42 PM
Why you say rthereum leads the matket, it is still bitcoin wich leads the bull matket, and look at the market now...after btc bearish ethereum and other alt also down againts dollar. If ethereum leads the bull market it will not going down againts dollar while btc down.


Title: Re: Why does $ETH lead the bull markets?
Post by: inanilujimi on January 12, 2021, 03:32:09 AM
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
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.

could you please provide a relevant link man?
where do you get this misleading information?
kuta already saw that bitcoin made the bull market, ETH just followed what bitcoin was doing as well as other altcoins.
look when bitcoin dump up to $ 30k almost all altcoins follow the dump that happened to bitcoin, bitcoin has a major role in the market not ETH or other altcoins.


Title: Re: Why does $ETH lead the bull markets?
Post by: Teraboy on January 12, 2021, 05:45:49 AM
Why you say rthereum leads the matket, it is still bitcoin wich leads the bull matket, and look at the market now...after btc bearish ethereum and other alt also down againts dollar. If ethereum leads the bull market it will not going down againts dollar while btc down.
That's indeed ethereum is only following bitcoin and it gets pumped due to the bitcoin market is less volatile and the bitcoin whales are moving to the ethereum. Ethereum never leads the bullish trend in crypto but bitcoin is always become the coin that leads all of crypto in the market.
We can see that from the recent chart of bitcoin. It shows that the bitcoin is growing before another crypto will grow too.


Title: Re: Why does $ETH lead the bull markets?
Post by: AssociatesBumble579 on February 03, 2021, 11:53:14 AM
Ethereum is leading the bull market as well in this present situation as previous because the ETH hit $1500. On the other hand BTC is now on going with $40k + and it is historical pump until it's origin. I have seen in many more forum discussion to say "Crypto industry going to die" They had said this type speech when the market was in dangerous moments in 2017-2018 financial session. But now the environment has been converted with instead this concept. So, It will be must br the topic that the ETH is leading  bull market.


Title: Re: Why does $ETH lead the bull markets?
Post by: hd49728 on February 03, 2021, 12:03:45 PM
Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future
You are wrong to compare Bitcoin and Ethereum and their leading role in bull market. Did you look back charts in 2019 to see how bitcoin rallied and led the market till today. The today bull market has led by bitcoin, not Ethereum. Ethereum is following bitcoin as many altcoins.

The crypto market will not be bullish if bitcoin is not in its bullish time.

Quote
while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Your title is written about Ethereum so why in this post, $BET was mentioned? If you want to shill $BET, please stop.


Title: Re: Why does $ETH lead the bull markets?
Post by: Smartprofit on February 03, 2021, 12:10:15 PM
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

I don't quite agree with you. 

Bitcoin is an asset that will retain its value in the future.  Bitcoin is the future global reserve currency and the world's main strategic asset. 

Ethereum is an innovative asset.  The Ethereum ecosystem allows testing new technologies in the field of decentralized finance.  This is a very important role for the Ethereum cryptocurrency.  Bitcoin is too conservative an asset to experiment with.  Ethereum is an experiment to create a decentralized world computer. 

In my opinion, it is advisable to invest in bitcoin in the long term.  In the short to medium term, investing in Ethereum is a very smart choice.


Title: Re: Why does $ETH lead the bull markets?
Post by: Bitbtc8 on February 03, 2021, 12:15:53 PM
All thanks go to bitcoin if not Ethereum won't be trading at 1500$ now, who else would drive the bull market if not bitcoin? Today Bitcoin hits 36,800$, it shows that Bitcoin isn't done with bull season yet and it can even drive Ethereum price up to 2000$, so yes that's my answer, bitcoin still leads the bull market not Ethereum


Title: Re: Why does $ETH lead the bull markets?
Post by: silverston on February 03, 2021, 12:49:03 PM
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

There were many promising projects in the cryptocurrency market, but there are always two left - Ethereum and Bitcoin. All other projects are temporary and their price depends on the price of Bitcoin and Ethereum. But I think that this year Dfinity can change the market and there will be 3 projects that control the market (not counting Tether, of course).


Title: Re: Why does $ETH lead the bull markets?
Post by: Rampagoe004 on February 03, 2021, 03:35:12 PM
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


Title: Re: Why does $ETH lead the bull markets?
Post by: TWW on February 03, 2021, 04:07:55 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: Kemarit on February 04, 2021, 01:52:30 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: cotton ball on February 04, 2021, 02:41:52 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: Vaskiy on February 04, 2021, 03:07:20 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: Noctis Connor on February 04, 2021, 03:14:50 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: cheezcarls on February 04, 2021, 03:30:52 AM
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).


Title: Re: Why does $ETH lead the bull markets?
Post by: Banulit on February 04, 2021, 04:38:26 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: WalkerIVIV on February 04, 2021, 04:47:25 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: bison on February 04, 2021, 04:58:59 AM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: b1boy on February 04, 2021, 05:28:30 AM
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


Title: Re: Why does $ETH lead the bull markets?
Post by: firmino10 on February 04, 2021, 08:37:20 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: AmoreJaz on February 04, 2021, 08:44:25 PM
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...


Title: Re: Why does $ETH lead the bull markets?
Post by: coinswebid on February 04, 2021, 08:50:06 PM
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


Title: Re: Why does $ETH lead the bull markets?
Post by: tycsols on February 04, 2021, 09:28:01 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: Ridwan Fauzi on February 04, 2021, 10:46:36 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: agustina2 on February 04, 2021, 10:55:14 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: seleme on February 04, 2021, 10:58:41 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: JeffBrad12 on February 04, 2021, 11:09:01 PM
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.


Title: Re: Why does $ETH lead the bull markets?
Post by: Nisterse on February 05, 2021, 07:28:50 AM
BTC (https://trade.kucoin.com/BTC-USDT) and ETH (https://trade.kucoin.com/ETH-BTC) 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!