highperspective (OP)
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November 17, 2017, 06:16:18 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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MartiniBlanco
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November 17, 2017, 06:17:53 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
It will need some time before there is some more space for Ethereum. The most people are just looking at Bitcoin and they are scared to buy something else!
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anitaraymonds
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November 17, 2017, 06:36:22 PM |
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Yes, the observation is right but since the beginning of this week Ethereum has been rising and has made a new high for the past one month. Ethereum is about $331. I think Ether is on its way up.
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SONG GEET
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November 17, 2017, 06:36:48 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
Right now ethereum and other coins are out of investors interest because all of them are busy trying to figure out where bitcoin price is heading towards. People are just selling off their alts including ethereum to buy bitcoin and ride the current bitcoin wave. When hype over bitcoin will be over than people will start to buy ethereum and other altcoins, Just hold your alts tightly.
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deepcryptomine
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November 17, 2017, 06:41:29 PM |
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Ethereum price has moved from 8$ to 300$ in less than a year while BTC price has moved from around $1000 to $8000. I think Ethereum has since more gain then btc this year.
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bamboylee
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November 17, 2017, 06:42:47 PM |
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First, bitcoin uptrend is somehow affecting ethereum and other alts from progressing. It is halting the grow of alts because investors cannot turn away from lucrative profit from bitcoin surge.
Another is that ethereum may have lost some of investors confidence because of the bugs that is showing up and the recent incident with the parity code. I think ethereum may need to look into those serious things before it can move forward again.
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Haunebu
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November 17, 2017, 06:55:38 PM |
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Ethereum price has moved from 8$ to 300$ in less than a year while BTC price has moved from around $1000 to $8000. I think Ethereum has since more gain then btc this year.
I agree with you here. Ethereum has grown quite a bit by a huge margin since the start of this year just like bitcoin and many other altcoins. I feel its growth has slowed down since Vitalik and the team are taking time to release the new features which is why investors are looking at other altcoins and bitcoin for short term profits. Once these features are released, I believe Ethereum will fly again to crazy levels. HODL.
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Tigerheart3026
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November 17, 2017, 07:00:42 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
Only for now, but I do believed it will move up a weeks from now or months, I knew many of the ethereum holders waiting and holding for this token because ETH is next into bitcoin.
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Morguk
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November 17, 2017, 07:06:42 PM |
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Yes, Ethereum has definitely been lingering lately and can't seem to move from the $300 mark. However I would consider this a good thing for those invested, it's remained calm and stable while alts and BTC have been all over the place. I think it will surge again, be ready for it.
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nsasuiteb
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BAILOUT
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November 17, 2017, 07:12:44 PM |
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Nah, ethereum 10 to 300 while bitcoin 1000 to 8000. What are you talking about? Bitcoin is just late to pump party. Ethereum is stable
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cryptohorsee
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The Operating System for DAOs
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November 17, 2017, 07:13:48 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
Because ethereum is constantly dumped by the ICOs who exchange all their ethereum into fiat. That is why ethereum cannot break out from the current price.
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arpon11
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November 17, 2017, 07:21:32 PM |
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I don't really know what is happening to this great technology since June this year and I have been wondering what is the really problem. Some of ethereum's token are even outperform in progress more than ethereum itself.
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noloco
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November 17, 2017, 07:22:50 PM |
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This, also there is a lot of movement from ethereum to ethereum tokens, pumping money to the full ecosystem not only eth.
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Learn.It
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November 17, 2017, 07:29:29 PM |
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A lot of focus on bitcoin recently with large investors coming in and all the forks. If bitcoin slips I think ethereum will remain solid.
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Gnosis7777
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November 17, 2017, 07:34:26 PM |
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Maybe if it didn't get hacked every 2 months people would buy it.
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Maxre
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November 17, 2017, 07:51:25 PM |
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I think people are now focusing a lot on BTC and BCH. and eth is the most stable altcoin I have seen so far.
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Similificator
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November 18, 2017, 02:10:36 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
I can probably say that your observation is on point. Clearly even if we say we also love ethereum, everyone will still agree that they will choose bitcoin over ethereum over and over again. Simply because bitcoins are more reputable because of its age. That is why people will always choose bitcoins(not to mention the price of bitcoin).
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ubeng07
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November 18, 2017, 03:49:30 PM |
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Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
Right now ethereum and other coins are out of investors interest because all of them are busy trying to figure out where bitcoin price is heading towards. People are just selling off their alts including ethereum to buy bitcoin and ride the current bitcoin wave. When hype over bitcoin will be over than people will start to buy ethereum and other altcoins, Just hold your alts tightly. yes for the right time some alts may moved toward that as of now we see that there is no movement of altcoin but sooner there will be so better to hold it just for now and we know that this is not for longer that having no movement of altcoin. Better to wait with patience and just hold it.
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Zendalet
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November 18, 2017, 03:55:26 PM |
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Maybe if it didn't get hacked every 2 months people would buy it. If several hundred million worth of Ethereum gets frozen every 2 months the supply would be a lot lower. Confidence would be at a low though.
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bundo
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November 18, 2017, 04:30:04 PM |
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the average coin fell by more than 20% to 30% there are even more. It could be said the current altcoin price weakened on the back of weakening prices or falling prices of virtual currencies will be able to re-enter when there is a large purchase or buy altcoin coins in general. I hope Ethereum buys a lot
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