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Title: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: restuibu on November 19, 2020, 11:25:12 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Vaskiy on November 19, 2020, 11:53:34 PM The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet. At some point people move their investments from bitcoin to altcoins. This time it hasn't happened. This is the prime reason why there is no big growth with the altcoins price, particularly ethereum. Another thing, previously ethereum grew high due to the increased number of ICO that contributed to a massive growth to ethereum. Now that hasn't happened, as people are aware of ICO.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: concept2 on November 19, 2020, 11:59:58 PM The situation is not the same. Bitcoin can have its old pattern but it id not necessary that ethereum also has to follow. This has made many investors like you disappointed.
However, it is a good chance for me cause I can estimate the future price of Ether. It does not incrase its price currently but I do believe that in a near future, its price will go up. I can see the opportunity through the shadow. The price does not change significantly and is stable around $400. And the longer it stays here, the longer time I can use to collect. Never underestimate Ethereum. Its blockchain is one of the most powerful and the advantages are undeniable. Dont hesitate to buy more ethereum, especially if you are a supporter. Ether will soon rise and dominate the market as the second largest coin of the crypto world Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: FinneysTrueVision on November 20, 2020, 12:00:28 AM Ethereum has higher inflation than Bitcoin. They have no cap on their maximum supply so they are just creating money to infinity. Bitcoin is much more scarce and new coins are mined at a much lower rate. There is more ETH supply that can be dumped on the market. I don't know how their market cap compares vs. 2017 but I would assume it is not 50% worse like the price is.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: harizen on November 20, 2020, 12:27:08 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? Aside from dollar figures, there's not much action in the BTC/ETH pair compare back during the ETH hype. In 2017, if my calculation is right when the BTC hits the $18,000-$19,000 mark, the Etherum price was around BTC0.04 to BTC0.05. Most altcoins got carried by BTC dominance during that year even the small-cap coins. There's also a high demand for ETH that year. But looking at today's situation, most altcoins stayed on their average BTC price that's why looking at dollar figures, not much price increase even BTC is on an uptrend. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Nivia1st on November 20, 2020, 12:45:14 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? There is too much competition on the Dapps platform and it's not like in the past when there was only Ethereum. Binance chain, Polkadot, Cardano, Tron, Eos, and many other dapps platforms are better quality than ethereum. this is the reason why when the uptrend returned, ethereum prices did not experience a high enough increase. people are less focused on ethereum, they have started to be attracted to competitors because they have a pretty bright future. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: tbct_mt2 on November 20, 2020, 01:10:37 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k You sad wrong. The price of bitcoin and Ethereum did not hit their all time high at the same time. You can check charts of Bitcoin and Ethereum again and see what I meant. In reality the price of Bitcoin reached its all time high first and about 1 month later, Ethereum reached its all time high and the same goes for other altcoins.So if the history will be repeated, the market might see a bull run of altcoins and I expect top altcoins will have their bull run one month after bitcoin falls from its high this year. We don't know the high of bitcoin this year and still waiting for it. Quote Actually what happened to ethereum? Many things happened with Ethereum, in the past with ICO scams, last few months with DeFi scams and likely developments are in progress that we don't know.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: LogitechMouse on November 20, 2020, 01:27:37 AM ~ 2 possible reasons that I see with this.1. Supply and Demand - We know that Ethereum hasn't any supply limit unlike Bitcoin. The supply of Ethereum at 2017 is obviously lower than what it is right now and add the fact that ICO hype has been there at the same year. The demand for Ethereum at that time is increasing because of the ICO's that are being created in the Ethereum Blockchain causing its price to rise. 2. Investors prefer to invest into Bitcoin rather than Ethereum - I think this is obvious already. People rather invest into Bitcoin because they see it more profitable compare to Ethereum. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Yudhisthir on November 20, 2020, 01:30:28 AM Ethereum is a utility token and it has not done much to decrease it's transaction fees and increase it's speed. Ethereum 2.0 could make the difference but at current moment, Ethereum's price increase would render Ethereum unusable. Bitcoin on the other hand does not have to be fast and cheap but still it's fees and speed are comparable to Ethereum.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Hallmader on November 20, 2020, 01:40:30 AM Funds are more focused in Bitcoin right now so it is understandable that Ethereum will not be able to keep up with Bitcoin's rise. But that doesn't mean there is something wrong with Ethereum. There isn't wrong with Ethereum. It is still the best altcoin there is and ETH 2.0 is still on its way. It's just that the large funds coming from institutional investors are choosing Bitcoin more than any other.
No need to worry about this though. Ethereum is still on its way to $1,000. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: tbct_mt2 on November 20, 2020, 01:46:53 AM Ethereum is a utility token and it has not done much to decrease it's transaction fees and increase it's speed. Ethereum 2.0 could make the difference but at current moment, Ethereum's price increase would render Ethereum unusable. Bitcoin on the other hand does not have to be fast and cheap but still it's fees and speed are comparable to Ethereum. Ethereum is a token. Did you actually spend a few minutes to search and find documents on Ethereum before you invested in the token Ethereum? Did you read its white paper?Ethereum is a coin, an altcoin and has its blockchain. Its blockchain was used by many projects to run their projects on ERC-20 chain. Those projects are parasites on Ethereum network and they are tokens. Ethereum is not a token. https://ethereum.org/en/whitepaper/ Quote Ethereum The intent of Ethereum is to create an alternative protocol for building decentralized applications, providing a different set of tradeoffs that we believe will be very useful for a large class of decentralized applications, with particular emphasis on situations where rapid development time, security for small and rarely used applications, and the ability of different applications to very efficiently interact, are important. Ethereum does this by building what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. A bare-bones version of Namecoin can be written in two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of the platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, blockchain-awareness and state. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: judeafante on November 20, 2020, 02:47:57 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? Nothing really happened to Ethereum, it's still the second most popular coin in the market, and still the best choice for the smart contract, investors are on a wait and see now, but once they launch their 2.0 version things will be different, the price could go double, it's just Bitcoin dominance as it's highest making it the most preferred and had a big chunk of investors funds. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Beparanf on November 20, 2020, 02:52:26 AM Simply all eyes of the investors is interested on Bitcoin burll run right now unlike 2017 where the whole crypto is on hype. BTC is very bullish due to recent progress like PayPal and Biden which surely will give boost on BTC alone. ETH don't make any move right and the only news in there pipeline is the upcoming upgrade to there blockchain. During 2017, ETH hype due to tons of ICO that using ETH blockchain as well as there token to participate in different ICO.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Eddyc on November 20, 2020, 03:02:28 AM The market has become more professional and Bitcoin marketing around the world has gained a lot of strength and for being a pioneer and many global influencers consider it as Digital Gold. Unfortunately Ethereum is not being influenced by so much advertising and it affects prices. In 2017, many investors were laymen and dreamed of a revolution in the financial system, which is why we found an increase in virtually all altcoins. In short, the world has changed and the game is different.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Nalbo on November 20, 2020, 03:06:28 AM When people talk about crypto they talk about bitcoin. Bitcoin is considered a investment even in not techy community and traditional stock and commodity investors. The limited supply and relative safety makes bitcoin an attractive investment.
On the other hand Ethereum is just a work in progress. It has not still have it's final outlook and is ever changing. The current price is driven by institutional buyers and they are just interested in bitcoin. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: coin-investor on November 20, 2020, 03:13:09 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? We are in moving into a new scenario in the market, very much different from the previous market in the all-time high, Bitcoin dominance is pretty much higher compared before, because of the too many altcoins not delivering what they are expected to deliver, the spotlight is on Bitcoin, Ethereum is still good but scalability is one of the issues that hinder for many investors to more money in Ethereum, but let's see after they launch their new version. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: cotton ball on November 20, 2020, 03:16:14 AM ethereum is no longer like it used to be, the price is very different nowadays many people buy because of a phenomenal ICO that can make a lot of pretty good profits but when an ICO scam appears everything has changed rarely anyone dares to buy an ICO because the high loss rate makes ethereum leave the holder they and people prefer bitcoin at this time because its value and price will surely strengthen over time.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Skadi360 on November 20, 2020, 04:19:01 AM Its not necessary that ethereum will follow the steps of bitcoin when it comes to pricing. Lots of factors differ like how forsage and uniswap projects rugpull made the ethereum fee sky rocket. This made the ethereum holders go to other altcoins and back to bitcoin which is more stable than ethereum this year. Well, ethereum will have its own time in the future just this timw its bitcoin.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: mu_enrico on November 20, 2020, 04:38:40 AM Just checked Coinmarketcap and found this circulating supply data:
* BTC: 18,548,487 BTC * ETH: 113,498,999 ETH I don't think ETH price will catch up with BTC price because of this reason alone. Not to mention other issues like scalability, centralization, and premine. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: BIN-BIN on November 20, 2020, 05:10:39 AM The market force is what determine the price movement in 2017 we see almost all the cryptocurrencies in the market making remarkable gains in the market with their price raising and market volume constantly on the increase but in this present case only bitcoin is making the gains all other altcoins are just onlookers for now.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Debonaire217 on November 20, 2020, 05:20:51 AM Although Ethereum price is not increasing like Bitcoin does and still not overstepping it, Ethereum is still a good investment. In fact, it is recommendable to invest in bot coins because bot of them have high value. Also both of them are the ons competing at the rate. Some might say its not worthy at all today nut Ethereum is still improving and expansing its capabilities to overstep bitcoin.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Tomiwa_akin on November 20, 2020, 06:55:25 AM It's what usually happen whenever there is a massive uptrend. Bitcoin always pump first to a certain level, it will remain stagnant for a while and then ETH and some others will gain their momentum and rise faster.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: michellee on November 20, 2020, 08:01:49 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Ethereum is okay right now. Ethereum just needs more time to increase, and now is the time for bitcoin to search for the high price first before the altcoin increases. Ethereum will increase at the right time, and maybe that will after bitcoin reach the next high target price, so you need to be patient. Maybe ethereum will have a chance to get $500 shortly and will increase to $1k soon.Actually what happened to ethereum? The bitcoin price now seems to want to increase, and it already breaks $18k. It will soon break $18,500 and $19k, but we need to wait for more because the price will not jump to that price in a few hours unless there is a big pump coming at the market. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: KaratX on November 20, 2020, 08:08:03 AM It's not the right time for altcoins yet, ethereum is still at this level because of bitcoin, dominance is way up too so altcoins will only revaluate in few percentages, I suggest that this is still the best time to buy altcoins, this is an opportunity that won't last more than few weeks
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: meanwords on November 20, 2020, 08:11:34 AM If you consider the current market of 2017 and 2020, there's just a huge difference. 2017 was the year of ICO which was under Ethereum so there's no doubt that Ethereum had a really great year alongside Bitcoin. If you look at the current situation, Bitcoin was hype not because of ICO, but because of different factors like Paypal, elections, stocks, etc, that greatly affects the investors to invest in Bitcoin alone.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: prince V on November 20, 2020, 08:13:25 AM Just checked Coinmarketcap and found this circulating supply data: Yupz I think so, this is the main reason why eth prices cannot follow the current bitcoin price, unlike 3 years ago where the circulation of eth supply is still not as much as now.* BTC: 18,548,487 BTC * ETH: 113,498,999 ETH I don't think ETH price will catch up with BTC price because of this reason alone. Not to mention other issues like scalability, centralization, and premine. This year will not be the same as 2017 for altcoins especially erc2 tokens, because indeed the current situation in the crypto world is not the same as what happened in 2017. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: nelson4lov on November 20, 2020, 08:28:11 AM Actually what happened to ethereum? In my opinion, Ethereum's price has been heavily hampered by its scalability issues which has plagued the network since the start of the year. On normal terms, Ethereum should be worth somewhere around $200 - $300 but the price growth to ~ $450 - $500 price levels is due to the fact that Ethereum 2.0 launch is imminent. Ethereum has experienced over 350% growth this year since touching the $134 low in the March 2020 crypto flash sales. That said, Ethereum is on par with bitcoin's growth but not much as in 2017. Don't forget in 2017, Every avid Ethereum fanboy was garnering for the "flippenning" which didn't happen btw. It's different now. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: New_order on November 20, 2020, 08:36:53 AM Give it some time more before complaining, its in history that bitcoin always take the first lead in every bull season and altcoins don't follow the bullish movement instantly, within few more weeks altcoins should start surging as well but that depends on bitcoin dominance
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: icekohl on November 20, 2020, 08:48:13 AM Look at market history so I can say it's a cycle. This time all of the money in the market is transfer to BTC, and ETH is just an altcoin, so it's inevitable that cash flow from itself is being transferred to BTC as well, make it can't going up with BTC.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: TastyChillySauce00 on November 20, 2020, 08:50:17 AM It's what usually happen whenever there is a massive uptrend. Bitcoin always pump first to a certain level, it will remain stagnant for a while and then ETH and some others will gain their momentum and rise faster. The bitcoin pump will always dominate the crypto market. The major altcoins can only follow this. I don't agree with it. Ethereum and other altcoins must be pumped based on the news that can affect it fundamentally. I have been facing so many situations when bitcoin was so stable but at the same time altcoin was getting dumped. The pump in altcoin definitely depends on the hype. No hype no pump. It's caused by altcoin was a speculative asset Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: joseyphil82 on November 20, 2020, 08:54:35 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Are you sure you are here that last time when Ethereum entered 1500$ per one? I doubt that because we all know that not until January 2018 most altcoins still failed to surge, if btc dominance don't go down whales won't pull their money out of Bitcoin into altcoins, whales have a big part to take for altcoins to be profitable like they did in 2017 to early 2018Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Kopetunto on November 20, 2020, 08:59:02 AM Look at market history so I can say it's a cycle. This time all of the money in the market is transfer to BTC, and ETH is just an altcoin, so it's inevitable that cash flow from itself is being transferred to BTC as well, make it can't going up with BTC. Ethereum is an Altcoin, and of course Altcoins are greatly affected because Bitcoin prices continue to soar, he is right, because investors switching to Bitcoin causes the Altcoin price to fall, but right now if you look at the Ethereum price is pretty good it can stay above $ 400 when the bitcoin price goes up, compared to altcoins medium and low cap, all down 100%. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: ethereumhunter on November 20, 2020, 09:33:44 AM Give it some time more before complaining, its in history that bitcoin always take the first lead in every bull season and altcoins don't follow the bullish movement instantly, within few more weeks altcoins should start surging as well but that depends on bitcoin dominance Yes, give it more time will be better while we can buy more ethereum for the coming of the bull run for ethereum. It will not too long after the bitcoin price can stay at the next higher price, and it could happen in the next month. The altcoin season will come soon, and we better prepare ourselves by having more amount that we can sell at a high price. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: icalical on November 20, 2020, 09:43:52 AM The situation is different, back in the day when the first time Bitcoin skyrocketing to the moon, people just jump on the bandwagon buying any crypto they can find. But now after the bubble pop-out, investors should be more careful not to repeat the same question. In my opinion, the altcoin will follow this Bull when the Investor can make sure its not just another Bubble.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Doranile432 on November 20, 2020, 10:12:04 AM Ethereum can't keep up with bitcoin because that's not how altcoins gain from Bitcoin bullish movement, it's never instant movement as it takes time for altcoins to start surging, right now it's bitcoin time to shine not altcoins
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Herbert2020 on November 20, 2020, 10:15:08 AM it is simply because bitcoin is a well known currency with a lot of actual real world use cases, it is decentralized, secure and fast to use too. it is also immutable which is one of the most important factors in the blockchain technology. on top of that bitcoin has a limited and small supply.
while ethereum is a shitcoin that is centralized, slow, expensive and mutable. meanwhile ETH has unlimited and a gigantic supply that will never let its price go up. not to mention that ETH is practically useless. the only time you see it used is when someone wants to create a scam ICO token. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Reid on November 20, 2020, 10:23:56 AM Forget about 2017.
2020 is different. Division of investment. DeFi could be the culprit and then stablecoins. When Bitcoin was being pumped on that year people are buying Ethereum first then exchanged for Bitcoin. That's still "demand" even though it just became a bridge. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Gayong88 on November 20, 2020, 10:37:31 AM 2017 was a golden peak for Eth too. ETH increases are not as aggressive as BTC today. market sentiment is also very influential plus the ongoing development of Ethereum 2.0 where scalability and gas fees are still minor obstacles. I have the belief that ETH also has a chance to go up even better in 2021. All have a process in my opinion.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: kidbounty on November 20, 2020, 10:58:48 AM Forget about 2017. 2020 is different. Division of investment. DeFi could be the culprit and then stablecoins. When Bitcoin was being pumped on that year people are buying Ethereum first then exchanged for Bitcoin. That's still "demand" even though it just became a bridge. this is one of the reasons. in 2017 people only paid attention to bitcoin and ethereum. different when compared to today. Defi, stablecoins, and even ethereum's competing platforms also have an important role to play. so forget about 2017 because the current situation is very different. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Question123 on November 20, 2020, 11:10:18 AM We need to know that not all the happens to the bitcoin right now will happen to the ethereum too, yes in the year 2017 they have same movement they increased very high on that year.
This time they are also same in movement they increasing but not like what happen to the 2017 but it doesn't mean that you will not see again the value of $1000 per ethereum because we still have have 1 month before end of the year even will not see this value we still have more time next year for the ethereum to improve the price again so do not be worry . Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: awakpane on November 20, 2020, 11:10:49 AM In my opinion, the issues are scalability and expensive gas fees as these were the main weaknesses of Ethereum during the peak price periods that occurred in 2017 and 2018 because at that time the network was only able to handle 20 to 25 transactions per second.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: BayAngelo on November 20, 2020, 11:43:52 AM it is very simple, back in 2017, Ethereum remains the only popular smart contract available. even Tron was no where to be found. EOS was complicated and stressful. NEO which was term the ethereum of china failed to live up to expectation. that was why ethereum price was so high. Now we have many competitors, Serum, POLKADOT, AVALANCHE, ELROND and so many other. i doubt if ethereum will hit 1000 this year.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: rodskee on November 20, 2020, 11:47:55 AM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k When bitcoin spikes to 18,000 in 2017 ethereum remains bellow 1k so what are you claiming about that ethereum must be following Bitcoin now?Actually what happened to ethereum? and when Bitcoin Hype that year ETH pumped high next year and that is in 2018 so please wait until it happens. Maybe we have at least January to March in 2021 is the expected Hyping of ETH,Without Mentioning the 2.0 version effect next month i 1st day of December. Just keep the holding mate we are near to success as i also have ethereum in my wallet until now. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Arkann on November 20, 2020, 11:50:02 AM It's actually really hard to see Ethereum lag very far behind bitcoin given the 2017 weather. There is a large assumption that the problems are primarily due to scalability, where network congestion was caused by the hype among DeFi projects, which was a fundamental factor for Ethereum pricing, because of this, the transaction cost reached $ 10. I believe this is starting to change as, in certain circles, users have already started discussing platforms other than Ethereum.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Natalim on November 20, 2020, 11:51:34 AM Just be patient, we are only in the beginning stage of the bull run, don't expect that altcoins will also rise and follow the trend of bitcoin's movement. Remember that bitcoin is dominating the market hard, that means most money are invested on bitcoin but as the bull run continues and if bitcoin will break a new ATH, then I believe slowly ETH will have its run as well, and actually not only ETH but some solid altcoins as well.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: irixo10 on November 20, 2020, 12:16:49 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? There is a wide difference between Bitcoin and Ethereum, Bitcoin is the first and most trusted coin while Ethereum is the first altcoin and trusted as well, also when someone want to get started with crypto investing, the first coin he is likely to start with is Bitcoin. In addition, when you check most of the interest and/or attention the crypto space is getting, most of them are towards Bitcoin such as that of PayPal. Moreover, going down memory lane, as of 2017 there were just few blockchains wherein almost all new projects were leveraging the Ethereum blockchain but now, we have many other blockchains thus upcoming projects are now spread over many blockchains unlike during 2017 when it was majorly Ethereum. Nevertheless, Ethereum price will grow more with the upcoming upgrade but I can hardly say if it will pass $1k or not. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: ZZ8ZZ on November 20, 2020, 12:22:02 PM The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet. Altcoins will never follow BTC like they did back in 2017, you have my word for it. Of course some of them will surely go up together with BTC, but you'll never see shitcoins pumping like crazy cuz of BTC like the bullrun back in 2017. Solid projects will keep growing indeed, but having an "alt season"? Nah, don't think so. For reference you can check the charts of some coins which went up like crazy back in 2017 and as of today they're eating the dust with 0 movement at all.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: masterrex on November 20, 2020, 12:34:31 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? Mate thing is different now compared to the 2017-2018 Bullish period. Because the growing price of Bitcoin today is due to the institutional players/investors that pouring some capital into the market thats, why we can't, say that this price boom is just a bubble, Its the same as Ether actually Eth has already breached the $500 dollars price level today. I believe in December things might change in all top-ranking cryptocurrencies in the market If Bitcoin price continues to grow top altcoins will also grow next. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: DoublerHunter on November 20, 2020, 12:37:01 PM The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet. Altcoins will never follow BTC like they did back in 2017, you have my word for it. Of course some of them will surely go up together with BTC, but you'll never see shitcoins pumping like crazy cuz of BTC like the bullrun back in 2017. Solid projects will keep growing indeed, but having an "alt season"? Nah, don't think so. For reference you can check the charts of some coins which went up like crazy back in 2017 and as of today they're eating the dust with 0 movement at all.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: bitbollo on November 20, 2020, 12:46:15 PM ethereum it's a completely different cryptocurrency, both have close two different use cases and during the years we have seen a strong spread between.
Since it's also inflationary with ETH you can't have a scarcity effect. I think there are too risk in ETH for seeking a profit while holding for long term. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Anyobsss on November 20, 2020, 12:56:32 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Ethereum isn't doing bad tho. If you will look at ethereum's trend it is bullish and today, Ethereum just break through the 500 USD resistance, and it's a good sign. More people will ride the trend and it means demand. We just have to be patient, it might not rise quickly like btc but it is slowly and steadily gaining. Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Kvalentine on November 20, 2020, 01:27:44 PM Bitcoin charts shows steady growth unlike pump charts that drives straight up lines, bitcoin grows higher and fix corrections along the journey, this show make you understand that altcoins will do the same thing, altcoins won't just surge up instantly, they will slowly move up, Ethereum is a bit over 500$ today
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: pilosopotasyo on November 20, 2020, 01:37:54 PM We are in a different scenario, so many things have happened we have DeFi, we have stable coin decentralized is on the hype, things that are not there on the last all time high, we have to see what happen after we record another all time high, will the price still go up, will it crash, we don't know until it happen.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Mahdirakib on November 20, 2020, 01:47:25 PM Mate thing is different now compared to the 2017-2018 Bullish period. Because the growing price of Bitcoin today is due to the institutional players/investors that pouring some capital into the market thats, why we can't, say that this price boom is just a bubble, Its the same as Ether actually Eth has already breached the $500 dollars price level today. I believe in December things might change in all top-ranking cryptocurrencies in the market If Bitcoin price continues to grow top altcoins will also grow next. Now we hearing good news related to bitcoin after every few days. Like large investment from big institution and billionaire, newly adoption at various platform. These helped bitcoin to gain strong position and huge growth. While ethereum don't have any recent good news. Even the eth 2 launch is obscure. Gas fee mostly remaining high. So I think it will take longer time for eth to increase like before. Maybe not this year. And bitcoin will gain more strong position than ethereum within the time.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: kevinzxz on November 20, 2020, 01:55:13 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? In my opinion, what makes the price of Ethereum does not increases very high like in 2017 is : 1. ICO are not popular anymore, because in 2017 many new project (ICO) were using Ethereum platform and this made the price of Ethereum increases very high; 2. There are already many new project whose product are the same as Ethereum (blockchain), so Ethereum has a lot of rivals for now; 3. Cryptocurrency market hasn't had a bull run yet, because only the price of Bitcoin has increased very high for now and altcoin prices are still recovering. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: abahcoin on November 20, 2020, 01:58:34 PM not always like that, first in 2017 in my opinion ethereum helped increase the price of bitcoin. Because many people invested in the ethereum ICO, ethereum prices went up and at the same time increased bitcoin prices. Now many people are investing in bitcoin and the ethereum ICO project is less profitable so the price of bitcoin rising doesn't really affect Ethereum prices.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: 7788bitcoin on November 20, 2020, 02:13:23 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k If you are surprised by the price disparity then you need to understand the bottom it reached after touching their all time high valuation. With the delay in transactions as well as the delay in rolling the ETH 2.0 upgrade is the reason they are struggling to break the resistance around $500 when the price of bitcoin already touched $18k. Still i was surprised to see that ETH was able to make these big strides in valuation.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Lore06 on November 20, 2020, 02:25:56 PM If we want to compare eth and bitcoin prices in 2017 with the current eth and bitcoin prices, the current eth price should have reached $ 800, but as we see, eth price is still far from most people's expectation.
The reason is, the current situation is much different from the situation in 2017 from various sides, especially the supply of eth which is already very large. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: isaac_clarke22 on November 20, 2020, 02:36:42 PM It's simply because of the difference of the supply that circulates around the market.
ETH and BTC are different when we start to talk about scalability. Consider as well that many people are into Bitcoin, but that doesn't put ETH into the corner. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: bocyaj on November 20, 2020, 02:45:09 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? It may be due to many factors.The people may invest more in bitcoin in 2020 and it may equal during 2017.So the price of ethereum is low due to investors for now will be low.Some are waiting to inverse in Ethereum 2.0 then in ETH.Because new coin always inspire the investors. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Dragonfund on November 20, 2020, 03:00:47 PM It's simply because of the difference of the supply that circulates around the market. ETH and BTC are different when we start to talk about scalability. Consider as well that many people are into Bitcoin, but that doesn't put ETH into the corner. This is wrong. I know supply actually determine the rate of buy and sell but you should know that even if bitcoin supply is more than 21 million, each Btc can be price at $50k/Btc. It's actually what price the buyers are willing to bid and what sellers are asking. It's just like the way auctions work in localities, that's how order book determines its price. Looking at ethereum, one can deduce that its ready to explode as soon as Eth2.0 goes live as the current price remains at $506,thr next resistance is $610 and hoping Btc price don't flip this as 2020 all time high. If Btc dominance should shift, altcoins will go gaga, and ethereum will be the leader. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Lordhermes on November 20, 2020, 03:15:08 PM Remember that the difference in drop down between bitcoin and ethereum wasn't that much as of 2017 so both started the bull together within a close range, meanwhile the 2020 bullrun case is quite different and on top of the delay in ethereum 2.0 which of course has effect on the price stability now.
..... ETH is practically useless. the only time you see it used is when someone wants to create a scam ICO token. That's why ethereum is known as utility token that's, a center of different innovations in the crypto space thereby giving room and opportunity for scammers through ICO, DeFi and many more.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: ije07 on November 20, 2020, 03:17:43 PM it is not impossible if ethereum can break $ 500, you can see for yourself the current market situation after bitcoin pumped $ 18k and has influenced the ethereum price to break the $ 500- $ 505 range. to me it is amazing that ethereum can hit $ 500 before the end of the year comes.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Smartprofit on November 20, 2020, 03:19:14 PM Ethereum may be priced at $ 1,000, but how justified is that price?
Ethereum has its own ecosystem, in particular DeFi. The higher the price of Ethereum, the higher the commission on its network. The higher the fees in the Ethereum network, the worse for the projects of the Ethereum ecosystem. The worse the situation is for projects, the less the value of Ethereum as a cryptocurrency. At the same time, the rise in the price of bitcoins is accompanied by an increase in the price of Ethereum (in BTC). Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Insomnia family on November 20, 2020, 03:46:57 PM If we want to compare eth and bitcoin prices in 2017 with the current eth and bitcoin prices, the current eth price should have reached $ 800, but as we see, eth price is still far from most people's expectation. The reason is, the current situation is much different from the situation in 2017 from various sides, especially the supply of eth which is already very large. Yes, that's right, when compared to 2017 it is very different. but at least ethereum has been doing well in terms of pricing although not what we expected for ethereum to go up to $ 800- $ 1k after seeing BTC pump up at $ 18k. However the current increase in ETH prices leaves most of the erc20 altcoin / token holders a little disappointed due to the high gas costs, the congested network, especially if the altcoins generated from the bounty, especially those listed on Uniswap, require high withdrawal fees and are not worth the payoff koinya. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Jackl87 on November 20, 2020, 03:49:41 PM Since September the total markectap of cryptos increased from 330B$ to now above 500B$, this means a lot of new FIAT went into the crypto market.
For most investors that are not so familiar with cryptos yet but heard from it and want to give it a shot there is only one project they know to invest into: Bitcoin. During the bullrun in 2017 it also began with a rise of BTC but then afterwards the altcoin season began and BTC dropped to 1/3. Maybe we will see such behaviour again soon. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: kindbtc on November 20, 2020, 03:49:56 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k If you checkout the market today you will see that ethereum price has broken 500 resistance which was very important for future price direction of eth, with this break we can expect eth to finally gain momentum that is important for longterm bulls.Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Sterbens on November 20, 2020, 04:16:48 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k This is an imbalance when compared to the ethereum price in 2017. Maybe it was quite disappointing when bitcoin was skyrocketing, the ethereum movement did not look free.Actually what happened to ethereum? I heard about this disappointment a few months ago due to the high ethereum gas price. thus becoming an obstacle for many investors who wish to shift their ethereum balance from their personal wallets to exchanges. it shows that market demand was not the same in 2017. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: InwardContour on November 20, 2020, 04:30:22 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? Nothing happened to ETH, it's increasing at a good pace, even though I expected a bigger move considering the fact that ETH 2.0 launches 1st December. However, I'm holding ETH for very long term hence I don't bother about current prices. I do think long term holders for BTC and ETH will smile, requires a lot of patience anyway. There is no point comparing current price with what happened 2017, I even think bigger uptrend than 2017's is on the way. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Lantind on November 20, 2020, 04:36:52 PM this is one of the reasons. in 2017 people only paid attention to bitcoin and ethereum. different when compared to today. Defi, stablecoins, and even ethereum's competing platforms also have an important role to play. so forget about 2017 because the current situation is very different. That's right, if someone keeps remembering about the crypto market that happened in 2017, then he will never have any additional thoughts at this point, because now there are so many new competitors born into crypto and most of them are all very good, close example is as you mention it.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Mpamaegbu on November 20, 2020, 05:20:27 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k It's the scability issue with ETH, that's what happened. The gas fee is killing Ethereum but hopefully all that will be resolved once ETH 2.0 is released. I know several projects on the ETH contract are waiting to launch once this version comes on. There is an ongoing project I have been following a few years now, it planned to swap before this crazy gas fee set in. Now, everything is on hold for the swap pending when the ETH 2.0 is launched. We all know that demand sets the price and value of any commodity. So, if there isn't much demand for ETH and the ERC usage there isn't going to be much appreciation in price for Ethereum.Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: FireBallex on November 20, 2020, 05:23:07 PM I don't see anything wrong with ethereum right now, it's over 500$ and still counting, altcoins can't just pump all of a sudden, that's ain't bullrun, things have to happen slowly just as it takes bitcoin weeks to get over 15,000$, all you guys lack is patience and I don't blame you, altcoin season have been gone for so long
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: tvplus006 on November 20, 2020, 05:28:46 PM ...Actually what happened to ethereum? We have previously seen how the price of Ethereum increased by 2 times, while the price of bitcoin remained unchanged. Now something similar will happen, when the price of bitcoin stops growing, and perhaps there will be a correction, the price of Ethereum will grow in relation to the price of BTC. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: gatti on November 20, 2020, 05:36:18 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k This is an imbalance when compared to the ethereum price in 2017. Maybe it was quite disappointing when bitcoin was skyrocketing, the ethereum movement did not look free.Actually what happened to ethereum? I heard about this disappointment a few months ago due to the high ethereum gas price. thus becoming an obstacle for many investors who wish to shift their ethereum balance from their personal wallets to exchanges. it shows that market demand was not the same in 2017. Now the Ethereum price had boost up to 500$ and many was holding for this time.Don't sell Ethereum now, you need to wait since the price get into maximum. Now Bitcoin price had crossed 18, 600$ and it was sole reason for the rise in Ethereum price. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: $anounimus$ on November 20, 2020, 05:55:57 PM If you checkout the market today you will see that ethereum price has broken 500 resistance which was very important for future price direction of eth, with this break we can expect eth to finally gain momentum that is important for longterm bulls. Yes, and in general this is a moment that everyone looks forward to with Ethereum tokens, because it has been a long time since Ethereum had a good price increase in the market, but now Ethereum is starting to show that it is still very good to sustain in the long term.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Tomcolor on November 20, 2020, 06:25:59 PM We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: usekevin on November 20, 2020, 06:37:49 PM We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients. The answer was came with the current pump in bitcoin and Ethereum.The bitcoin price had reached of 18k$+ and the Ethereum price crossed a new moon of 500$ again after a huge month gap.So if this continue,we can expected the price of bitcoin to the new moon of 20k$. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: imstillthebest on November 20, 2020, 07:11:24 PM Indeed everyone expected Ethereum and other altcoins to go up when Bitcoin was like it is today. But it isn't easy because many people are still focused on rising Bitcoin and investing there. This is not just the case with Ethereum. Most altcoins are not getting the high rise effect of the current Bitcoin situation. But today is good news because Ethereum has broken through $500 its now on 500? woah i didnt see that comin . i was checkin eth value from time to time but earlier i saw that it was over 480 something . the op was just excited but eth is just moving slow this time compare to where it was last 3 years ago . like everyone else i was also expecting that my tokens are gonna fly a bit but its sad that the value of them are still the same , i guess theres gonna be no pump for them because people foccus too much on btc and on eth . Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: cryptonx on November 20, 2020, 07:50:59 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? ethereum price already surpass $500 mate, and the reason why this year is not like 2017 is because a lot of good altcoins born then marketcap of altcoins now divided to all good altcoins, not like 2017 only few good altcoins in the market, and maybe thats the main causes why ethereum price didn't like in 2017 Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: sapnu on November 20, 2020, 09:26:08 PM We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients. The answer was came with the current pump in bitcoin and Ethereum.The bitcoin price had reached of 18k$+ and the Ethereum price crossed a new moon of 500$ again after a huge month gap.So if this continue,we can expected the price of bitcoin to the new moon of 20k$. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: lionheart78 on November 20, 2020, 09:45:09 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? Ethereum market is independent from Bitcoin Market so, I think it is wrong to assume that everytime Bitcoin price goes up , ETH should keep up. Remember they have different community, different developers and different marketing approach. So, possibly the reason why ETH can't keep up with BTC surge is that, ETH had surged already even before BTC market surge this time. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: mace15 on November 20, 2020, 09:59:18 PM Maybe because the Defi hype is not over yet so many people have not focused on ethereum and it makes it a little difficult for ethereum to keep up with bitcoin prices, but keep calm friends because ethereum will continue to grow in 2021 There is the time for ethereum to soar in the market just like what happen before when btc increase eth will also increase. We have to look at the current price at least eth is moving good in the market. Also peopoe focus more on bitcoin than ethereum so we have to observe the market and for sure eth will increase just like before.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: cryptopediabd on November 20, 2020, 10:14:06 PM You should know the gas fees about ethereum. Its the biggest culprit against ethereum price mooning. Eth-2.0 coming & hope that it fixed soon as possible. By the way ether price pumping now.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Fakhrulenclix on November 20, 2020, 10:18:10 PM Actually what happened to ethereum? Its normal, in cryptocurrency, there is nothing that will be the same again. When the 2017 Bitcoin price reaches $17K and many altcoins (Ethereum and other) reach their ATH, doesn't mean when bitcoin price reach $17K again, altcoin and other will reach the same price. There is no such formula like that, it is all about demand and supplyTitle: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: optimisticcm on November 20, 2020, 10:44:28 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k I think ethereum price is nicely keeping up with that of bitcoin's because if you remember well few months back eth price was ranging in between $100 to $200 but as market improved and btc dominated eth has slowly followed it as well and that is why it is trading above 500 now with more upside expected.Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: 2double0 on November 20, 2020, 10:47:49 PM Ethereum is having many problems which need to be fixed first, and it will be worth $1k when 2.0 releases as there is so much hype behind. Atm, Ethereum cannot follow btc because btc is taking over the entire crypto marketcap again and has been dominating all the alts since the beginning of the 2020 bull run.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: arufox on November 20, 2020, 10:55:28 PM Same question for you, why can't the current price of Dash, Litecoin, Dogecoin, Stellar, Ripple, and more keep up with the Bitcoin price?? Not only Ethereum bro but every coin. You cant hope the price of the coin will be the same again only because Bitcoin reach the same price in 2017. Because in the cryptocurrency we know that price is affected by many factors.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: angrybirdy on November 20, 2020, 11:10:34 PM It is because ethereum is independent and its price do not depend on the increasing price of bitcoin. Ethereum is having a hard time because of its scalability issue, though its price just recently pass $500. But you should accept that its price won't keep up with the price of bitcoin as of now.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Dr.Osh on November 21, 2020, 04:44:03 AM since 2019, the price of bitcoin has always been dominant, rising higher than the price of an altcoin. this is also happening at this time. The reason why the Ethereum price doesn't go up at the same time as the Bitcoin price is, because the Bitcoin price dominates it, and puts pressure on the altcoin. however, ethereum's price tag of $ 1k or more is still possible for now. in fact, when the ethereum 2.0 development happens, i think it could make ethereum rise more than dominant too.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: poodle63 on November 21, 2020, 05:55:07 AM Bitcoin price or bullish have nothing to do with ETH people should stop thinking that these coins correlate to each other somehow because they don't.
A small increase for ETH significantly affect their eth market capitalization because the total supply so many and sometimes it's hard to justify seeing from the market perspective. You will be wondering if eth could rise $100 suddenly, where those money comes from? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: lifeOK on November 21, 2020, 07:46:08 AM It is because ethereum is independent and its price do not depend on the increasing price of bitcoin. Ethereum is having a hard time because of its scalability issue, though its price just recently pass $500. But you should accept that its price won't keep up with the price of bitcoin as of now. Anyone hating on its movement right now, that's very normal. But if you're going to give up from it then your action recognize as abnormal, as you have failed badly get the reasoning. It's pretty reasonable Ethereum is confronting some issue, when 2.0 came to live everything become ordinary and we'll see a smart price.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: dezoel on November 21, 2020, 05:16:35 PM All altcoins are almost as further away from their ATH at least as much as ETH, nothing is ever close to something like that, they are pretty further away. Which is why ethereum is further away as well. Bitcoin never dropped as much as altcoins, it did dropped to 4k for a while which required x5 for breaking the ATH price but all other coins went as much as x15 needed or even x20 needed to go back to ATH levels.
So at the end of the day this is not ETH vs BTC type of deal, this is more about ALTS versus BTC type of deal and that is why ethereum can't catch up with bitcoin. Eventually it will definitely reach back to those levels but it will probably not be easy and that is why we should not really be worried, just be patient and it will get there eventually. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Benefactor on November 21, 2020, 06:27:16 PM This is the prime motivation behind why there is no huge development with the altcoins cost, especially Ethereum. Something else, already Ethereum developed high because of the expanded number of ICO that added to a gigantic development to Ethereum. BTC is exceptionally bullish because of late advancement like PayPal and Biden which clearly will give help on BTC alone. Ethereum don't take any action right and the main news in there pipeline is the impending move up to there blockchain.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Emitdama on November 22, 2020, 10:51:50 AM If you checkout the market today you will see that ethereum price has broken 500 resistance which was very important for future price direction of eth, with this break we can expect eth to finally gain momentum that is important for longterm bulls. Yes, and in general this is a moment that everyone looks forward to with Ethereum tokens, because it has been a long time since Ethereum had a good price increase in the market, but now Ethereum is starting to show that it is still very good to sustain in the long term.I hope once the BTC market becomes stable at a price which it has to at some point, then all these altcoins don't start dropping because that is how it goes usually. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: gabbie2010 on November 22, 2020, 01:03:35 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k Actually what happened to ethereum? ethereum price already surpass $500 mate, and the reason why this year is not like 2017 is because a lot of good altcoins born then marketcap of altcoins now divided to all good altcoins, not like 2017 only few good altcoins in the market, and maybe thats the main causes why ethereum price didn't like in 2017 now besides majority of thrived ICOs projects in 2017 are mainly ERC 20 linked with ETH thus was responsible for the pump in price of ETH in 2017 invariably many altcoin are mainly exchanged to ETH, however DeFis is the rave of the movement didn't enjoy the massive investors patronage like the era of ICOs in 2017 probably due to the fact that scammers are on the prowl searching for investors to scam. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Balladtony77 on November 22, 2020, 01:12:37 PM People wants instant pump from altcoins but that's impossible, altcoins can't start pumping instantly just because bitcoin is pumping, it takes time and patience, as for those pointing to 2017 they are wrong because back then altcoins start responding to the market bull season after weeks when bitcoin is already done with it's bullish movement
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: fullhdpixel on November 22, 2020, 09:03:33 PM Indeed everyone expected Ethereum and other altcoins to go up when Bitcoin was like it is today. But it isn't easy because many people are still focused on rising Bitcoin and investing there. This is not just the case with Ethereum. Most altcoins are not getting the high rise effect of the current Bitcoin situation. But today is good news because Ethereum has broken through $500 Actually all the coins also have a corresponding USD market as well so they maintain their value in the USD value instead of BTC. Because Bitcoins is a different crypto and when alts rise we never question why Bitcoin is not rising so it doesn't make sense foe the vice versa to stand true.We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients. Maybe once the daddy market (BTC) goes down the price for altcoins will rise but not sure if the daddy market is ever gonna stop if not slow down. By the way we don't need patients, we actually had many during the pandemic, you might want to say we all need some patience ;D.The answer was came with the current pump in bitcoin and Ethereum.The bitcoin price had reached of 18k$+ and the Ethereum price crossed a new moon of 500$ again after a huge month gap.So if this continue,we can expected the price of bitcoin to the new moon of 20k$. I believe $25k is coming soon and we might look to double that by the end of 2021, but still speculations so let us all wait and see how it goes.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: kingzpro on November 23, 2020, 08:18:33 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k If you check on larger time frames the eth price is definitely keeping up with that of bitcoin but it is like a little bit delayed which is understable as initially money goes to bitcoon and then it flows to ethereum and others but one thing is for sure and that is we are in a new phase of longterm bull trend which will be here for many months hopefully.Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Ezravdb on November 23, 2020, 10:32:42 PM Ethereum price movement this year is different from 2017 because it moves quite slowly. But the price of ETH passed $ 500 yesterday and continue to move up until today. There is a chance that later this year the Ethereum price will return $ 1000. Bitcoin silent, ETH moves. applause for those who buy ETH at the cheapest price ..
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: TheClownSong on November 23, 2020, 10:59:21 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k If you check on larger time frames the eth price is definitely keeping up with that of bitcoin but it is like a little bit delayed which is understable as initially money goes to bitcoon and then it flows to ethereum and others but one thing is for sure and that is we are in a new phase of longterm bull trend which will be here for many months hopefully.Actually what happened to ethereum? The ethereum price does not follow Bitcoin price movements against the US Dollar because the Ethereum price is still under pressure against Bitcoin. This can be seen from the price movement of the eth / btc pair which still looks depressed even though currently ethereum has started to rise in price against Bitcoin. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Shasha80 on November 23, 2020, 11:23:07 PM The increase in crypto prices in 2017 and 2020 is very different, because indeed the situation is different. I think the increase
in cryptocurrency prices this year is more healthier, so it's going up slowly. It is proven that now the Ethereum price has managed to rise to the price of $ 600, and Ethereum's fundamentals also look stronger now. So if Ethereum hasn't reached the price of $ 1,000 yet and Bitcoin is already at the price of $ 18,000. There's nothing wrong with Ethereum, it's just that right now Ethereum does need a longer time to go up in price. There is nothing we can do but be patient waiting for the Ethereum price to rise. Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Sled on November 23, 2020, 11:29:16 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k 2020 is a different scenario compared to past Bullrun. I'd notice it also, altcoins never have the rally even we are already in the bullish season but instead of seeing them still in red color. Very unlikely but we can't push investors and traders as well to choose them and even for ETH for their investment and for trading. Bitcoin is more influential, profitable which gives them an option to make a deal with it than choosing ETH or any altcoins.Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: Natalim on November 26, 2020, 12:58:03 PM We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k 2020 is a different scenario compared to past Bullrun. I'd notice it also, altcoins never have the rally even we are already in the bullish season but instead of seeing them still in red color. Very unlikely but we can't push investors and traders as well to choose them and even for ETH for their investment and for trading. Bitcoin is more influential, profitable which gives them an option to make a deal with it than choosing ETH or any altcoins.Actually what happened to ethereum? Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: tarable on November 26, 2020, 01:25:45 PM Ethereum price movement this year is different from 2017 because it moves quite slowly. But the price of ETH passed $ 500 yesterday and continue to move up until today. There is a chance that later this year the Ethereum price will return $ 1000. Bitcoin silent, ETH moves. applause for those who buy ETH at the cheapest price .. Yes, and those of you who have bought Bitcoin at the cheapest price can also applaud, because the profits have almost doubled from before and even exceeded those of Ethereum, although Ethereum will also be very good for this year.Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: huiji2011 on November 26, 2020, 03:58:03 PM Crypto market scale is just this，only have so much capital，in the absence of asset predators s not realistic to lift BTC and ETH in the meantime. The normal pattern is BTC pumping，and stabilizing，then it is the turn of altcoins.
Title: Re: Why can't the current Ethereum price keep up with the Bitcoin price? Post by: gwdf1 on December 03, 2020, 08:30:33 PM At the moment, as we see, bitcoin is gaining popularity and becoming an actual topic for conversation. No other cryptocurrency can match or get around the bitcoin rate!
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