Bitcoin Forum

The price of ether is currently dumping a bit. What is the reason behind this dumping or what is the possibility of pumping ether in 2020? We look forward to hearing from you in 2021.

shitcoins have always been dumping.

whenever the bitcoin trading volume is higher it is a good indication that the money is exiting the altcoin market as everyone keeps selling their coins. obviously the biggest coins take the biggest hit.

What is happening with altcoins that drain they supply of coins in sell pool? Market literally stop at some point.

it is partly because people generally have no faith in altcoins so they never stick around in them for long. and partly because everyone who has been around long enough will want to increase the amount of bitcoin they have so they al ways take the opportunity to buy more of it before its price goes up. that is why altcoins are abandoned like this.

and finally it is because this trend has been happening for as long as this market existed so everyone is now automatically dumps altcoins without thinking about it.

The price is Ethereum ether is dumping because btc price is currently dumping. Whenever btc price is going down. Most altcoin price goes down too.. No need to stress about the reasons for the dump.

The possible reason was in connection to what's happening with bitcoin so far, after a good bounce that's expected holders will dump their asset quickly due to slight panic happened. But eventually this will break their false mindset, because market corrections tends to show recovery phases. To provide my visions for 2021, that depends when bitcoin also shows another progress on demand; eth price will also follow.

Yeah, it dumps with bitcoin but they're both recovering again. Unknown reason, supply and demand thing.
Leave 2020, 2.0 has been launched, and let's all wait until finalizes. 2021 seems like another year where it would be rising with bitcoin too.

ethereum as a branch of the parent crypto will clearly follow the movements of its parent, bitcoin. the two are very inseparable. when bItcoin goes up, then Ethereum will follow suit, and vice versa.
but we have to monitor it in 2021, it's really curious. The big hopes for bitcoin in 2021 cannot be separated from the expectations of ethereum owners.

This is quite normal when Bitcoin fails to break the resistance zone near $ 20k, so the bears swarmed and caused the price of Bitcoin to correct. But do not worry bro, Bitcoin is still in the bull trend and it cannot fall sharply in the near future.

The most recent news is that MicroStrategy is continuing to plan to acquire more Bitcoin for $ 400m. If you decide to buy and hold then it is best to buy a little bit more Bitcoin now, I predict that BTC will soon increase to $ 25k in Q1 of 2021.

Ethereum is one of the good old coins and has been increasing in value ever since, also unlike before when Bitcoin pumps and Ethereum dumps, a careful look at the market nowadays has shown that with Bitcoin growth, Ethereum follows as well and when Bitcoin dumps, Ethereum follows as well, that is to say, Bitcoin controls the market a lot. Furthermore, the possibility of Ethereum pumping by 2021 depends on the market, no one can adequately state when it will happen, but once the market is in good shape and Bitcoin is taking the lead, Ethereum will pump as well.

It is true that there is no need to stress about the reason for dumping, first of all we need to look at the movement of bitcoin, it will provide a valid reason. We are only afraid when the whole market goes up while ETH goes down.

maybe not just Look forward in 2021 but also wait for that year because 2020 seems to be stopping here and the value will stay this way or might fall down more as the newyear comes.

market fails to Hold the Bull and now we are experiencing speculation trend since the value will Up a little and fall bigger.

The price this time is 557 from 600+ weeks ago , ..Just keep if you can afford to hold more,or sell now since Buyer from last month is surely in profit even the value now is 30% lower than the Hype .

As per predictions, ethers price is expected to reach $1,000 in 2021.

it's caused by the dump that happened with bitcoin. There's no bad news coming from ethereum. It's all caused by bitcoin market was dumped due to the correction trend. There will always possibility to pump ether before the end of this year. I'm feeling bearish trend will be happening next year as I was taking the 4 year cycle to determine the trend in the cryptocurrency.
We need mo institutional investors to change it.

SO Hard on Ethereum,This is what SOLID BITCOINERS called Ethereum  ;D though for years ETH is proving to be Legit crypto and continuing to make updates in their Platform.
And This is why Bitcoin stays on top because after investing in Altcoins and make a profit they are coming back to invest in Bitcoin again and so the Pump happens.
2021 Meaning this year its over and the waiting will expend next year.

no correction of tittle thread, you had typo Etherium - https://etheriumled.com/ I got Control brightness.

when the people sell their coin together at the same time - Bitcoin has a pair of any altcoin, if the mother down possibility altcoins will be followed. - cut your weak hand buddy.

if you talk about ethereum, i think you don't have to be worry about the down on ethereum price now,
and maybe this is a chance to buy more ethereum in lower price, because in my opinion ethereum price will stay above $500 my friend

Even if the ethereum price gets a dump, that is because ethereum follow bitcoin price. But on this day, we see that ethereum gets a green candle, which means that the price increases again, although not too high. We need to be patient for more because ethereum will not be at a low price, and there will be a time for ethereum to start increase. When the crypto market is down, you should use that to buy more bitcoin and ethereum because the next thing that can happen is the crypto market will turn directly to the high price. If that can happen in the next day, you will have a chance to make a profit.

The trend of the market i think many people are thinking it is going up, i also believe the market is up and there will be corrections. With what happens in the short term it will frighten the newcomers of this market over the recent corrections, i believe a lot of people have bought well-priced cryptos over the times. so. Ethereum has always been an important player in this market so trust it, maybe by 2021 we won't be able to buy ETH at less than $ 1000.

Yes, and not only Ethereum has experienced a decline in price, but several other popular Altcoins have also decreased, but I have seen that in recent days the market has shown another improvement on every Altcoin price including Ethereum too, something like this has certainly happened to previous years, but the possibility of Ethereum bouncing back is always there.

It could be that the speculation of a decline in Ethereum prices is related to a large pump in the future. but this is just basic speculation not necessarily the case. So my advice is when Ethereum goes down don't worry and keep buying when the price is low, and take advantage of selling Ethereum to the highest price.

The Ethereum exchange rate has not been very encouraging over the past week, although my personal beliefs about the near future are only positive. But today we can see almost 6% growth in Ethereum over the past 24 hours. I believe that before the New Year holidays, we will still observe certain price fluctuations, since the holidays have always been the reason for the decline in prices.

It is normal if many people think that the market will go up because we see a good move from almost all of the market's coins. And if we compare it with the last year, this year bring a good sign for the crypto market to have the next bull run.

Although we are still waiting for the next bull run, all coins can still increase, and for the ethereum, this coin shows a good sign to grow, and hopefully, it will back and increase higher in the next bull run.

Move on for now as the market may go to another big correction and will be expected before the end of year because if there is a good thing to happen more it must be now and not for tomorrow.

market keeps on trying to move up yet not enough to cover the amount speculators looking forward.

so instead of having a Bitter feeling i will Sell all my coins later this night and will have a vacation for a while,since i have been monitoring for almost whole November and now december.
felt tired and frustrated,hopefully by next year after this Corona ends from the vaccine,economy will regain its comfort and will begin earning investors again.

ethereum is not too strong to go up to its price high until now the price is not too high last year it makes the price not so strong ethereum 2.0 also doesn't make the price much better the only bitcoin which is more consistent for price increases ethereum has a lot of disposals so prices also don't better because it also keeps the ethereum price still low until now. If bitcoin flies high ethereum will follow behind because the price is not very stable.

Yes, it is clear that you should really take advantage of it because looking for profit through Ethereum through buying at the lowest price is very possible and fun, because Ethereum is the one that always has the potential to increase in price.

the reason for the decline in ethereum is of course because bitcoin is also experiencing a decline in price, it is natural for all altcoins. But don't worry because the market is currently doing a correction, which will make 2021 even more beautiful :)

I am still thinking positively at the end of this year and early knowing that the market movement is indeed very good when bitcoin is down it's easy to come back I think this indicates the next bullrun is coming too so keep an eye on the movement and the extent to which this will continue to rise to high levels , we know that the comparison with before the following year is very far away so it will return to the new ATH and reach the highest score.
Altcoins will arrive soon as before the so-called altcoin season.

There's no bad news for ethereum and it's always following the bitcoin. Last week we have experienced with the correction that happened with bitcoin and ethereum was also getting the same trend too and this time bitcoin is very bullish. ethereum is also doing the same thing too dude.
The only reason why ethereum is dumping right now due to the bitcoin and this is the fact. We can't argue about this. No news has come for ethereum.

I also agree with your idea. Bitcoin causes price increases and decreases in ALtcoins what we feel most clearly when the crypto change.

All other cryptocurrencies depend on the Bitcoin price. Because if the price of Bitcoin does not increase, then the price of many big projects will not increase, so there is no profit by investing in those projects. Exactly the same situation is associated with Eth, if the price of Bitcoin does not increase then it would not be right to expect anything bigger from eth. Because if the bitcoin market dumps for any reason, all the other cryptocurrencies will also dump.

We hope that this week can be a good week than the previous week. I see that bitcoin now increases and could back to $19,400. We are close to hitting $20k, and even if that time still is unknown, I am sure that the bitcoin price will hit that price in the end. The altcoin gives a good sign this week, and many of them can move back to the high price. Sooner or later, the altcoin season will come back to the market, and the new ATH for bitcoin will be coming too. We need to prepare for the coming by trying to earn more and more bitcoin, so we can sell it when the new ATH comes.

The reason behind the fall of Ethereum was the sudden correction of Bitcoin, the price drop of Bitcoin was unexpected due to the funding rate of the futures market.

the reason for the dumping a bit of the price of the ethereum is because of the decentralized market. you can't predict the market whether it goes up or down it's natural to have ups and down in the market it's usually what happened. well we all looking forward to it the launch of the ethereum 2.0 was a blast let's hope that the price of ethereum will continue to increase more.

Be happy you can get to know ethereum when ethereum starts in a very good position, and continue to hold it and invest the existing funds in ethereum, because you will not regret it later.

ethereum will continue to move up but the possibility for the end of this year to reach $ 1K will be difficult to materialize because with bitcoin $ 24K ethereum is still perched in the range of $ 662. the possibility of reaching $ 800 is a feat in itself for ethereum of course and is very good.

Now that BTC has a new ATH, I'm confident that ETH will also do the same thing and go up big just like Bitcoin. This is not just an speculation, it is based on the updates and progress of ETH platform. I'm holding some of this good token and I'm not afraid to see a small correction with ETH, it will rise again in time just wait for that right moment to happen early next year.

Yes, small correction is totally fine. But when that thing really comes out, they start panicking and don't want to lose money hence they sell it afterwards even though it's just get dumped for 10% which is literally really normal in cryptocurrency scenario. Welp, we can't blame em anyway.

And the price is surge to $660 which has been pumped by $100 in 7 days, maybe we could see new ATH in new year? Let's see.

You are talking about Ethereum ETH right? So as for as its price is concerned it has done really well since april this year and the outlook remains bullish while going into 2021 so expect good bullish momentum ahead and I see ethereum as a very expensive alt in 2021.

for $700 I still agree because now ethereum is close to that but for $800 or $1000 I don't think that will be possible in the next 10 days, that figure is still too high

The current price of Ethereum is not the objective price of Ethereum as a financial product, it is just the impact of the Bitcoin price. As soon as bitcoin falls (and this will be approximately in the 2-3 quarter of 2021), ether will collapse with a crash, and even ahead of the fall in price, in relation to the fall in the price of bitcoin. In the short term (1-2 quarters), we can still see the "growth" of the ethereum rate, but again - this is all just a concomitant process, the growth of the bitcoin rate.

It was going back again to the below $600 a few hours ago. Ethereum will be so difficult to achieve $700. This coin can't break the resistance between $660 and without big support from the big traders or institutional investors and it's quite impossible for ethereum to reach such target. Im thinking about the current rate could be considered as the best rate for ethereum to be stayed.

We may never know what ethereum will be like in a week, tomorrow we can wake up to ethereum being 800+ dollars, or even over 1k+ as well, or we can wake up and find it under 400 dollars as well. People keep assuming that ethereum will move according to reason but crypto currencies do not move according to reason, most of them move depending on whatever they want. Which is why I highly suspect that people will not really want to try to guess or predict what will happen.

Best case here is to buy ethereum and hold it, do not put all your money into it, just buy with some of your in hand cash, if price goes up you can say you profited from this move, if it goes down you can put some more into it. That is the only thing that comes to my mind, obviously you can find a better method if you know one, but I would say do not be worried about volatile movements and expect ANYTHING from ethereum.

down because of the market or down because this is the initial stage for the pump? I don't think this is a certainty yet. but remember that ethereum will definitely be one of the potential tokens in the future and will rise from the price side

it seems that the increase will be more certain in 2021. because after the holidays there will be a potential for an increase, but it is not yet known what percentage of the increase is but we hope it can be maximized

Indeed, almost all altcoins are affected by the unusual movement of bitcoin, so that so far altcoins are also attached to bitcoin, it has not happened, neither is ethereum who always follows what bitcoin is doing. but towards the end of the year ethereum began to follow the movement of bitcoin again.

However, ethereum's movement has not yet been maximized and will continue to move until next year and may carve out a new ATH, hopefully ethereum can do that because it has been long awaited that ethereum has not been able to make a surprise that so far can be done by way of ethereum's own good work.

There is nothing to worry about the future of Ethereum it's still one of the safest and profitable coin to invest this coming year and maybe next year they can claim it to be their year, I don't see any dumping it's been that since the market bullish, it's not always up, there's always a correction along the way, as long as the dip it not more than 5% Ethereum is ok will be ok.

i dont know if what is reason behind the dump . no bad news came out on ether lately , news that covers the eth dump without reasoning is not counted .

lets call this dump a common phenomenon for the coins but for the pumps i think i know and we all know the reason why ether pump alot and yes it has also something to do with the news , a solid positive news . 2020 is going to an end now and there could be no pumps anymore but dips , dips maybe still possible .

There is no project in the space after Bitcoin that still commands the level of investors Trust like Ethereum, I believe Ethereum will keep going up as the market grows but I doubt we will see it hit its ATH in Bitcoin against, The ATH in BTC is 0.14BTC in USD value over $3k that is 5X from here, If BTC dumps and catch up, this is another scenario but I don't see it dumping for Ethereum to catch up

You can trade ETH using contracts for difference since it offers to capitalize on price fluctuations.

Ethereum prices are a bit dumped because bitcoin is currently experiencing a pump, of course many people are selling their altcoins and want to take advantage when the pump happens but don't worry because in 2021 we will see Ethereum pumping too.

I am not too worry about ethereum because I am sure ethereum will have its time to increase. No matter if the price starts slower, it will rise again as before. Maybe the next year will be a good time for ethereum to break $750 and $1k. And then, the price will have the opportunity to break the barrier of the high price. The update before could attract more investors to come and invest the money in that project.

I think it's just a minor correction. Everyone is waiting for the ethereum version 2.0 update. If there is a correction, I think allocate your funds to this coin, because it is likely that if it has been released the Ethereum 2.0 network, the price prediction will be in the range of @10,000.

The Merge or Ethereum 2.0 will be released in the middle of next month, and I also strongly believe this will make the price of ETH rise very high, but to reach 10K I think it is difficult to achieve this year, because the market conditions are not supportive.