ETH down == BTC up (for now)

[alani123]

well, it was time that all those bag-holders start dumping their coins on the gullible people who has fallen victim to their FUD spams, and they will never learn.
and because it was just a pump and dump i don't think it will be the big rise for bitcoin but it will have an effect on bitcoin price because all those money is going to come back into bitcoin now.

Yup, the trading volume of ETH is also falling so there's more space for liquidity to enter bitcoinmarkets. In a bullish run this could have a decently positive effect on the BTC/USD price, although the days following the popping of ETH's bubble didn't seem that exciting.

[QuintLeo]

Ethereum is such a small market it's pricing has NO effect on bitcoin pricing.

 Unfortunately.

[Amph]

Ethereum is such a small market it's pricing has NO effect on bitcoin pricing.

 Unfortunately.

well 1B marketcap is not that small in terms of crypto market cap, it's quite big, no other altcoin did reached that market ever

reminder that Bitcoin is not an altcoin, before someone say "bitcoin"

[alani123]

And it keeps going. 

[traderbit]

ETH today is getting low while bitcoin is going up, in some exchanges eth hit 0.0178 comparing with few days before when the price was much higher, hopefully i don't own any eth right now and traded those that i had few days before.

[Mobius]

Of course, ETH is an altcoin. All altcoins go down when BTC rises.

[Mervyn_Pumpkinhead]

I have to laugh that all the investors in ETH were ecstatic when the market cap broke $1b, yesterday it had dipped below $600m.

It really is a poor investment. There will be some easy Bitcoin flowing into the market, I'd expect a buy period over the next few days.

This poor investment multiplied my crypto wealth about 6x, even more then BTC did in 2013 Q4. Right now I'm in USD and EUR, waiting to see how the market will hold up 0.015 and possibly 0.01, less then that doesn't currently seem very likely.
Bitcoin is still a bad gamble in my book. The amount of accumulated coins and miners who are in debt just don't paint a pretty picture. Bitcoiners are currently euphoric over a 2week long 7% rise, only 80 days before halving. This desperation only makes me more skeptical of gambling with btc.