Bitcoin Forum

For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.

I think your information for Ethereum is limited. Other projects within the network are of course important, but the high number of them is not a big deal! There are also serious projects in EOS and Tron networks. But the best in quality is still in the Ethereum network!

I also don't understand how you're conducting your views on Ethereum's price. The Ethereum rose to $ 1500 during the bull season. But one of the most important reasons for this increase was the dominating FOMO. Add to that the high Bitcoin price. Ethereum was able to pass 0.1 against BTC at that time. The real success will be to push up that level again.

Thought the key previously to the bullish run of coins was held by bitcoin now it's held by ethereum.
Cut it out with all this theory that are self acclaimed just to suit the current situation and to fit into the desires of who made the theory

such a naive thing to say.

you seem to have forgotten that the only reason why ETH went that high in 2017 was because of the massive ICO hype that was going on. basically there were hundreds of new ICOs every month and in order for people to participate in them they were forced to buy ether which is why its price went up in first place.

today the ICO hype is dead and also the remaining small hype under different names (like IEO) is owned by other platforms and exchanges like Binance hat is forcing people to buy THEIR token to participate in them.
so there is no more reason for people to buy ether as much as they did in 2017 so there won't be any pump near as big as that one either.

on top of all that, a centralized coin like ethereum with lots of issues that has been pumped and dumped a lot of times is nearing its end of line because every coin like this has a certain cap for the number of times it can get pumped and when it reaches that cap, it becomes increasingly hard to pump it. and ethereum is near that cap.

I think it does not matter much if most of the tokens are based on erc 20 and eth network but i do partially agree with you that eth will make its decisive and massive move first and then the bullish effect will transfer to other alts and tokens so may be we will see eth recovery and bulls gaining momentum in coming months do patience is the key.

If we see the monthly chart then it is quite clear that eth does not have many resistances to break to recover fully to all time high price again i think it is matter of breaking the 400 level and then 800 and eth can do it quite fast. I am sure good times are coming ahead for eth and its holders as exciting upgrades are also coming up.

but if you see top 100 altcoins many of thats have there own blockchain or using other blockchains they also not moving well only BTC is doubled the price since couple of months fact is people buying only BTC the king!

This time it's different compared with what already happened in 2017. Most of platforms are using ethereum as tokenization and remember IEO has already changed the payment system to participate in ico. I guess that needs a lot of effort from ethereum. I can believe if that will happen as long as we will see there will be FOMO to the ethereum to be used to participate or buy ICO tokens again.

Nope Ethereum no longer holds the key, it's even fair to say every exchange owned token that IEOs will be performed on now owbs the key to the success of the altcoin that carried out an UEO in  their exchange. The reasons why Ethereum spiked that high in 2017 was a combination of the bull market & ICOs but mostly ICO as most investors were buying Ethereum to invest in other altcoin which increased the demand of ETH hut now the attention will be giving to exchange own token like BNB that's why binancecoin is experiencing success right now and in months to come I'm positive other exchanged owned token will experience success too.

This is now the challenge for Ethereum since the ICO market has been drought and it is about to die anytime now. The growth that Ethereum will show in the future depends on its own status because it won't depend to the ICO market anymore. There is now IEO but it requires now a certain coin that's made by the exchange to be exact, Binance coin and other exchange coins that's currently do IEO on their platforms. If ETH goes back to $1k soon, the reason won't be caused by ICOs.

As investors, we are hoping for that to happen again, I missed ETH to be at that range, when it reached that level, I think it would not go down anymore, but t was just god blinded by my greed, I should have made a decent profit that time if I choose to sold it.

What is wrong with project to moving their funds to a stable currency after the ICO or IEO in other to avoid giving excuses about price dump of the fund collected? If a project is truly working as detailed in their road maps, price may not be very good but will be within acceptable medium by investors and traders and not when developers just share the crowd fund for their personal aggrandizement and withdraw support from the project citing bearish market.   

I understand the point that the high ETH price in 2017 was due in part to the ICO fever, but the fact remains that ETH is still the top altcoin in market cap, and plenty of altcoins have ETH as their primary (or only) trading pair.
A surge in ETH price would cause an apparent surge in dollar price of the ERC20 coins too. I think it is fair to say that an ETH price surge could pull up the whole alt market.
I wouldn't discount ETH just yet. Smart contracts have an almost assured future, and ETH is still the top smart contract coin by some distance.

I don't think so, it's still on a coin to coin basis there are so many coins in erc20 that are considered dead coins no volume no whatsoever, and you don't expect to surge in price just because they are an Erc20 TOKEN it has nothing to do with being in Ethereum platform, it's still on investors trust, they are the one that will pump the coin.

That's not a valid argument to still hold your ERC20 shitcoins, if it has no support no volume don't put your faith on Eth because it is an ERC20 coin, better dump it all, no need for a miracle to happen because it's not going to happen.

But all stayed with ERC20.
Some of them just used it for gathering funds and now they have their own coins and not tokens anymore.

You see, when the ICO turns to get successful, you will already have the grasp to make your own coin and just let all your investors know that they could trade their ERC20 tokens for it. Could be 1:1 or whatever rule they put in.

But regardless of all that. It doesnt mean that ETH will also grow in value. Once they are listed in an exchange they can be bought with bitcoin and other main crypto currency.

in my opinion, the price of ETH used to be high. indeed, if we compare it with the current price, the price of ETH is much lower than before. Hopefully, by the end of this year, the price of ETH will return to prices like the end of 2017.

and how did you find a connection between Altcoins that already exist in the ERC20 format and the increase in the price of ETH? I think that all good projects this year or next will be transferred to their own blockchain

Although ETH still has the potential to increase strongly in the future, the price increase to $ 1500 in 2017 is mainly due to the bustling ICO market. Most projects mobilize capital by ETH thus making the price of ETH increase sharply. But I still believe in ETH and I also invest some money in it.

For me BTC still holds the barometer whether the market is in the bear or bull. As of now we only made more than 2x of prices of almost all the top cryptos in the past few months and its really only a matter of time when altcoins will surge in prices, then we can tell that the bull run is in full swing.

the main and the top, and that is btc as of now, it needs a lot of time when eth can owns the key. because eth is rely on btc lines, and i think this is the right time to buy more eth. thats only my own thought.

It's true that many altcoins are linked to ethereum but the altcoins market fate doesn't rely on ethereum. Bitcoin surge to a new ATH will determine how good altcoins will receive attention.

I understand this. ETH has greatly increased in the past few hours as Ubisoft is developing games on the Ethereum blockchain platform. Every day I see more and more big businesses are heading to the crypto market and many of them want to cooperate with Ethereum. So, we have seen that the foundation of ETH is really a great thing. The future price of ETH will certainly increase to over $ 500 again in 2020.

You can't predict altcoins price at this moment same to tokens ico project get dump at this time what it mean is we are almost not aware those price we did not expect we are try to invest even its hard to grow up every coins you will see on the market.

yeah, ethereum and others good project of cryptocurrencies will follow the price of bitcoin,
and i agree with you, now is the best time to buy and hodl more eth before the next ride on cryptocurrency price

I do not doubt the quality of ETH because in the fact that it has happened and I have seen it on ETH to date, he is a very good altcoin even though it is not in the stable coin category, but many other altcoins use the ETH platform so that ETH progress there will always be and be seen.

Until now the situation in the crypto is very unpredictable by us, very fluctuated and the condition of market is not stable. I think ethereum is doing the big prepare to make the different something. Just wait and see.

In any case, Ethereum will grow and overcome the psychological mark of $ 1000. You don't have to be an expert to know that. You just have to wait for a new bullish trend. The altcoin market will start to grow only after bitcoin takes an uptrend.

You guys are forgetting that,
If you leave BTC, then ETH is the daddy of most altcoins.
This definitely lead to the rise of the price of the ETH.
I would like to also say that investing in ETH will surely give you profits.
Eth is considered as the second most stable coin after Bitcoin.

At a time when the price of coins is low, all of them talk about dumps, or even often say that the coin will die. But this was answered by the current conditions when prices began to rise. This will take us in a better direction if we buy coins when prices are low.

I have begun to realize that it is impossible to expect ETH prices to reach $ 1000 in current conditions. The best possibility is $ 500, and that takes time for the green market until the end of this year. When the price of ETH was around $ 100 a few months ago, I was lost in direction and confused. I almost sold it, for fear of experiencing severe losses. But finally I survived, until now and I can smile a little. I am optimistic that it will soon rise above $ 300, in July to August.

great, i agree with that.
we just have to look a main of them all altcoin with erc20 blockchain.
if you invest in erc20 token, don't you ever expecting it too much because ETH is under price now.
this is the question of all erc20 shitcoin.

Yes. For ERC20 tokens it really depends on the price of ETH, even though their exchange is not in ETH. Maybe there are already many who use the Ethereum platform, or smartcontract ETH, but only 2 tokens above the ETH price, namely ThoreCoin and Maker. So, if you want the price of the ERC20 Token to rise, please waiting for Ethereum to up.

Although ThoreCoin and Maker is priced above ETH but with the highest ETH volume with larger transactions per day, this is that ETH is able to top it up again by waiting for the right time.

i think that you words is right, we can see how ETH is sharp decrease before it hit over than 1000$ and now in 250$.
that is aproved why almost of all erc20 token is become shitcoin for now.
but if we hold it until eth go to the moon again, i think that shitcoin can be grow like ETH too.

Even ETH depends on the bitcoin for to be bullish so we need bitcoin to be adopted more for all the cryptos prices to e increases.

But actually each coin price depends on their own demand so these are indirectional influences only.

it all depends on the market, eth is the parent of all existing altcoins so don't hesitate with eth just waiting for time to recover

THIS is not a cool way to say.
most alt coins are in their exchange which ETH is not related and mostly at BTC.
this will refer to USD price and its satoshis companion..
ETH will have no against but at ICO nor IEO

As for me it is temporary. Do not underestimate the eftrium and the cryptocurrency market in general. I believe that there will soon be a rise in cryptocurrency in general. You only need to wait

I do not agree with you as the market as a whole is gradually going up and the tokens are gradually growing, and if we speak for ETH, then this token has a very big growth prospect in the near future.

Those Ethereum tokens are probably dependent on Bitcoin price than Ethereum.  If Bitcoin goes down and ethereum price is stable, most tokens will likely go down too.

 Most do not deserve to "surge" by the way,.  Hope it remains that way.

The endless correlation between dominant coins and altcoins is not secret anymore to experienced investors. It is known fact that ETH price dictates whole Erc20 token market and price is totally depends on the movement of Ethereum. After the bull run of ETH price we can welcome back the altcoin season again.

That's the truth but there's still much time for us to wait and see the performance of this coin. Ethereum owns the key becasue most of these tokens are built on Ethereum ERC20 even though there's ongoing IEOs. Let hope that when the bull run come back, the entire altcoins will surge along side with Bitcoin. Ethereum still look promising....

In my opinion, if Erc20 is still used by all crypto users, maybe the ETH price will be successful again.  With the rise in ETH prices, it has a profound effect on the altcoin and for now, ETH prices are stable enough to survive when the market is bleeding.  This certainly can be the right moment to invest ETH as our asset, and of course just waiting for the time when ETH prices rise.

Ethereum doesn't really hold the "keys" but just opens the door for you on the first one, after that you open the doors yourself, it is just that first unlocking that they do.

I think the risks involved in this are far below the opportunities it creates, they are really trying to help the whole crypto community to build a whole new thing with their erc20 and all other methods so it could be done by everyone, making things easier so that not only the big players can have a piece of the pie but everyone could have it.

Just like bitcoin is having a huge influence on the market as a whole, I think ETH should be leading the same thread on other alternative coins. However, this is not so happening because there are other similar blockchain competing with ETH in the ecosystem. Unlike in late 2017/early 2018 when ETH has no prominent competitions. Still a surge in ETH price will likely favour some altcoins, but not all.

Sounds like the next bullrun will not be from the HYPE like the last bullrun of 2017 so what do you think will bring back the surge on price for crypto world entirely? Cos I don't think IEO will be capable like ICO to bring surging to crypto market

As you can see ETH is growing with BTC and if BTC price will rise than also ETH price will rise so ETH can reach the price of $300 in June.

Yes, the ethereum has lost the main source of pumping. But they continue to work on expanding their coin. In addition, it is worth remembering that technically ether is slightly better than Bitcoin (transaction price, speed), and the infrastructure is already mature. So ethereum will still live.

Oh, I think that the number of pumping for different assets is different. How much for ETH?

yes that is right, ETH is the point of erc20 token.
altcoin with blockchain erc20 is almost all get drop and die and become scam project becuase ETH now in under price.
before ETH hit 1000$ and all erc20 token looking good to invest but now with rate ETH just 255$ how token erc20 can survive.

The fact that many altcoins use the Erc20 platform is indisputable, but the fact now that through the movement of ETH prices does not affect the price of Altcoin using Erc20 as their platform, many altcoins don't use ETH as a price benchmark, altcoin prices move at this time, If you want to invest so that the price of Altcoin is taken at the price of ETH, then invest coins that move with ETH.

now there are no such coins, the price of which follows the price of ethereum. Ethereum itself is not an autonomous coin. eth is also moving behind bitcoin but not by itself

Many people who hope for ethereum can increase again. But the fact is that it is very difficult for ethereum to increase significantly now. Actually it doesn't matter now if ethereum can't improve, because for me this is a good time to buy ethereum. We never know ethereum when it will increase and grow even higher.

I can tell that ETH network is still the best compared to EOS and Tron. However, the reason why ETH made it to the 1,000 USD mark was because of the ICOs popped out and they were not few but they were a lot! Since the ICOs today are not booming, the ETH's future is at its higher risk of going low.  For now, what I am looking forward to the secured token that will be more available soon.

I think you do not fully understand what you are talking about. Of course, the price of altcoins depends on ETH, but not a single shitcoin based on erc20 will grow with ETH. Many factors influence the price of altcoins, erc20 is just one of these factors.

The price of ETH and other altcoins is dependent on the price of BTC. If BTC goes on a bullrun, most likely ETH and other altcoins go too. Now, BTC increases, notice that ETH and some altcoins also increase. For some coins that were built on top of the Ethereum Blockchain, they're definitely dependent on ETH price.

surges will definitely happen again and as long as you can maintain the privkey properly, then your eth will be safe in your wallet for a long time. be patient

I never had doubts in ETH even during its darkest times and see no reason to panick about it now. Right you are, we will all smile really soon!

My perspective on this price surge issue is that if a coin will go up in price, the coin itself must make some progress on its own even when the FOMO period is not at hand. Although during bullrun, some shit coins also surge in price in a very drastic manner. Therefore I don't really see Ethereum as the key to the price surge of the coins on ethereum network but the price surge will be on the development and progress of the coin itself.

Let's think of the situation with the exchange gets worst, doesn't matter as long the projects sustained by ETH are successfully at some point they will grow the value of ETH, in conclusion ETH is a long term investigation.

not all altcoins experience a surge when ethereum experiences price increases, and when ethereum has very cheap prices as now some altcoins actually have price increases so ethereum doesn't have the key to all this and the most influential to all coins is bitcoin

If all other altcoins will continue to strive then it need Ether as a fuel. Hence the idea that any ERC 20 coin can surpass the performance of Ether is laughable since all Erc 20 Coin is a subset of Ether.

Yes, eth has significant impact in the world of crypto, but they are not the only one with great influence in the crypto market. Let us not forget bitcoin, it is still the basis of many other altcoins. When you talk about crypto, the first thing that someone asks is the current price of bitcoin. Have you ever met someone who first asks for the price of eth?

 Eth doesn't hold the key but rather Bitcoin but nonetheless we shouldn't overlook the fact that Eth is good catch on it's own. Have also observed that rise in Eth doesn't bring about rise in other altcoins but rise in Bitcoin does

I will no, he's not. Altcoins got pump or not, it surely there are actions from their respective developers like presenting a product that is smooth. So I guess, it has nothing to do with what you say.

The reason for ethereum based token to rise in price when ethereum increases is due to the already placed buy orders against Ethereum.
Most of Ethereum tokens on centralized and decentralized exchange are traded paired with Ethereum. So, they increases in price simultaneously to some extent.

I think BTC, ETH and other top cryptocurrencies have price correlation to each other and that we need for them to attain real world use-cases and massive adoption in order achieve exponential growth! "No crypto is an island!" so to speak. :)

with the way bitcoin is staring to rise up again these day the altcoins out there are having another terrible week of getting dumped and losing their values against bitcoin as traders are cashing out of the altcoin market and once again going back to bitcoin. although the slow rise of bitcoin has opened up room for most of these altcoins to keep their price relatively close to what they had before they dumped.

Experts predict for one Ethereum coin in December 2021, the price is equivalent to 3330 Dollars. That's the minimum value. If the maximum value is around 3506 Dollars. So ETH investments are suitable for the long term.

there is no future that knows and might happen but we do not expect too high for fear of being disappointed if the price we are targeting is not in line with reality.
Ethereum does have a good future, so it is very suitable to be an option to invest and moreover seeing the current market growth is quite good.

in any case, the winners will remain those users of cryptocurrency who actually keep their cryptocurrency for a long time.  Many of us became participants in the cryptocurrency business, because we wanted to use the chance to become financially independent, and therefore we can assume that the cryptocurrency market is their main source of income.  Very rarely does a cryptocurrency remain motionless in our portfolios.

I see Ethereum is still the leader of all Dapps who wants to bring their technology to the blockchain world. Every new project wants to join the ethereum platform and have it's token or coin ERC20 complaint.
Etherium is maintaining its second position. If everything goes well, I see the etherium price to $500 until December. For the long run, it may go again to $1500. At the moment, on dips, we need to accumulate more. Also, we always need to maintain our positions as long as possible. Since in many worst-case scenarios, ethereum has proved itself, I see a very good future for it with is coming upgrades.

I think that the team of ethereum is working in the right direction and what they have already done, I really like.  After the last update, I see a significant improvement in the ethereum blockchain, because the transaction speed has greatly increased, and the price has also become noticeably lower.  K Although in any case, the price for transactions in with in any blockchain should be considered from the point of view of the personal approach of the cryptocurrency user, who offers his price in order to make the transfer of his funds much faster.

Yes. If we see in terms of volume, indeed ETH is higher. But if in terms of token prices, ThoreCoin and Maker is superior. If the volume of ThoreCoin and Maker is equal to the volume of ETH, maybe the price is much lower than ETH.

ethereum remains the best altcoin but ethereum is good for long-term investment because seeing ethereum prices currently in a down trend this requires a long time to change the rising trend

in my opinion Ethereum has been on this trend for quite a long time and now sees it going up and maybe later he can go up high.
long enough we all wait for big steps, but the market is not too strong to rise so the increase is slow.
Ethereum is a good and very bright future, so those who have it must be patient.

Ethereum is sure one of the best altcoins so far. But it will takes time maybe a long time to make ethereum back to its glory in the past. We can see the down trends right now, and it seems quite far to make it great again.

The last few weeks has been good to all ethereum holders. Holders are getting almost twice of their holdings in April of this year. It seems surprising to me that the altcoins are not pushing as many were anticipating. Although ethereum continues  rising in price, the altcoins keeps dropping.

Well for ethereum to hit ATH again its all on bitcoin ,if bitcoin can hit a new all time high like Jan 2018 then all altcoins will start surging in price ,remember that all altcoins start surging after bitcoin hits almost 20k in January 2018

And you ignore 1 thing, that altcoin is not only in the Ethereum network. Even the altcoins running under the Ethereum network have no effect on ETH prices. Like the ONE or BNB tokens some time ago, before the BNB had its own network.
And all altcoins in my opinion influence the movement of bitcoin, so if you want an altcoin to go up then you should expect that bitcoin continues to grow.

It may possibly surge this year to return to the glory day.

if we are talking about altcoins, we. Should remember that ethereum is an altcoin too but plays a major role in the market. Altcoins will definitely rise when the time comes. Disregard all statements that altcoins will be left out on this bullrun

I think like that looking at the market in 2017 when the first eth price to the position of $ 1000 the altcoin price experienced a significant increase. maybe this will apply now when eth prices will increase.

Ethereum is still by far the most dominant crypto besides bitcoin.  Handles the most transactions and has the most projects on its network.  1000 is an easy goal to reach and it will happen quite soon, that is an easy 4x or so from the current price.

Partially you are correct because when you look at the price of ETH now. Secondly, ethereum is far still the most dominant and popular alternative coin after bitcoin. It has a bright future.

THose ERC-20 coins are just in contract with the ETHEREUM though they are not depending on that.
Remember that the main trading in the community is BTC-ALTS. they are depending on the demands from the people and not from the surge of ETH.

I do not agree with you, very often the price of a token does not depend at all on the price of ETH, sometimes there is a financial interdependence, of course. In my opinion, the main thing is that there was a bull season and then the bulk of the coins will show a good price increase.

eth is the altcoin's main key holder, currently altcoin may not be able to become one of the altcoins that has increased significantly. maybe in a few months it can happen and altcoin will follow an increasing trend

Ethereum does poses a good quality as cryptocurrency is concern but the OP seems not to understand that it not all altcoin that rely on Ethereum surge in price before they can also surge and the last time I checked coin like BNB,BSV etc still posed good trend in the market than ETH.

I am not arguing this with you really because anything can happen, but we really need to face the fact first, Ethereum already has so many competitors, and some of these competitors are really limiting Binance ability to lift their head up high again.

Ethereum surges when it was virtually the one running chain program, and every project wants to register on Ethereum being the most popular chin provider, but looking at this year after all these scammers started registering using ECR20, many are already shifting their attention to Binance and EOS, the worst is that people are running away from ICO now, and registering on IEO, while it is a must for anyone registering on Binance IEO to use Binance chain.

I agree with you on this and apart from the fact that ethereum is the key factor that will drive the principal up, ethereum is also an altcoin and so people should not generally say that altcoins are bad