JPnotmorgan (OP)
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November 26, 2017, 01:28:05 PM |
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It seems we will celebrate $10k per Bitcoin before Christmas, my wondering will Ether catch up? Maybe $750? Or that will be hard?
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alani123
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November 26, 2017, 01:35:12 PM |
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Ethereum, of all cyrptocurrencies, has a weird correlation with bitcoin. Of course, as an altcoin, it does have a positive correlation with BTC but this doesn't go very far. Right now for example,where bitcoin is breaking above a new all time high, Ethereum is struggling with marginal losses in its price so its safe to say that the bullish sentiment of bitcoin wasn't transferred to ETH markets.
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Ehrhc
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November 26, 2017, 01:48:20 PM |
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Ethereum, of all cyrptocurrencies, has a weird correlation with bitcoin. Of course, as an altcoin, it does have a positive correlation with BTC but this doesn't go very far. Right now for example,where bitcoin is breaking above a new all time high, Ethereum is struggling with marginal losses in its price so its safe to say that the bullish sentiment of bitcoin wasn't transferred to ETH markets.
True, and I believe it will stay below $500 as they release more tokens soon.
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Quickfant
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November 26, 2017, 02:09:08 PM |
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Not sure what price but what you will find is once the Bitcoin price gets higher is there will be a lot of people buying into altcoins with their new found wealth and pumping other alt coins up to make a profit. Depending on how much of a rise we see in Bitcoin is how much of a rise we see in alt coins.
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LogitechMouse
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November 26, 2017, 02:44:07 PM |
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For me I don't think so. Its way too high because bitcoin has reached the 9k price today but the price of ETH is at ~450$. Maybe if the price of bitcoin goes 10k, the price of ETH will go 500 or below who knows.
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inturist
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November 26, 2017, 02:51:01 PM |
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Ethereum is not a simple coin. Thera are a lot of changes will be in the future and so many difficulties were in past. Ethereum has great potential and great support of lead IT companies.
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audrey12
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November 26, 2017, 02:54:31 PM |
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Yes its possible and it can even reach $1000 ethereum is one of the best promising alt coins and if bitcoin investors will have to divert their investment I'm sure ethereum is one of their choices because for me its heading the path of bitcoin it is a good coin that can surely have a good value after some quite time and I also want to have it or invest on it
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postokenlover
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November 26, 2017, 02:58:16 PM |
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If true bitcoin comes to 1000 dollars. So ETH doesn't have to be 750 dollars. Eth certainly will rise, but depends on the market to buy, before September in bitcoin and eth ratio is 12:1, but now the gap widened, because a lot of money went to bitcoin, mainly waiting for candy caused.
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Tadblt
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November 26, 2017, 02:58:42 PM |
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It seems we will celebrate $10k per Bitcoin before Christmas, my wondering will Ether catch up? Maybe $750? Or that will be hard?
maybe another update will do that but for now there is no signals that may take Ether to $750 but bitcoin can go to $10000 before christmas maybe even before December 1 with these bullish happening in the markets. Ether is still young but have large community thats why the price is at $450, maybe when bitcoin dump eth may absorb the loss to make it $750 no one knows.
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Gaaara
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November 26, 2017, 02:59:53 PM |
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It seems we will celebrate $10k per Bitcoin before Christmas, my wondering will Ether catch up? Maybe $750? Or that will be hard?
Bitcoin's price does not have a direct impact to Ether's price so it seemed to me that while bitcoin is going to an outrageous increase of price ETH value was struggling and starts to fall down, for me it will be hard for ETH to reach a $750 if everybody is focused at bitcoin reaching a $10k dollar value.
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kucritt
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November 26, 2017, 03:03:18 PM |
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hmm maybe yes and maybe not, i dont know ethereum price increasing because of what, but my predicition that ethereum is dont have correlation with bitcoin is the price of bitcoin is not connected with ethereum. so maybe etherum price will same when the bitcoin reached $10000
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kotajikikox
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November 26, 2017, 03:07:23 PM |
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It seems we will celebrate $10k per Bitcoin before Christmas, my wondering will Ether catch up? Maybe $750? Or that will be hard?
its possible to get that price for ethereum if the bitcoin reach 10k usd I truly believe ethereum as number one altcoin in the marketcap he always follow the price pump of the father which is the bitcoin.
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hubballi
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November 26, 2017, 03:09:17 PM |
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It seems we will celebrate $10k per Bitcoin before Christmas, my wondering will Ether catch up? Maybe $750? Or that will be hard?
If you properly watch the market then you will come to know that when ever BTC is raising other altcoin even ether is also going in negative price, as user start to sell their altcoins and go for btc, when their will be dump or selling in BTC price that time you can see that ETH price can go high.
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v_Harley
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November 26, 2017, 03:14:40 PM |
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Refer to the K line in September. If the bitcoin is 10k usd, the price of eth should be able to reach about 750usd. You can make a lot of money by holding eth's expectations, or by investing eth in high quality ico.
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hahahafr
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November 26, 2017, 03:37:39 PM |
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Nope, just look at the charts and on the market capitalizations, it is impossible for ethereum to reach $750 if bitcoin gets to $10000 just because of this:
Bitcoin needs only 30 billions of dollars more in it's capitalization to reach more than $10k, and people are always investing more on bitcoin, it means that ethereum is rising too, but a little bit more slowly than bitcoin.
Btc will touch $10k first, and ethereum will probably be at $500 - $550 each one, but dont expect to see it over $750 because that is not possible.
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saidlik
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November 26, 2017, 03:48:36 PM |
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I think it will be around 500 maybe 600 it si hard to say, etc si complicated ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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MotulDiesel
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November 26, 2017, 03:51:20 PM |
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I think not only eth will price up due to bitcoin but also all coin will be improved with bitcoin. This is a good new for me because i invested in eth and some good coin either. Higher price means higher profit. Holding is a good up to this time
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suncokreten
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November 26, 2017, 03:51:24 PM |
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There is no correlation between BTC and ETH price, so one reaching 10k doesn't mean the other will rise too.
I am certain that BTC will reach $10k this year, and pretty sure ETH is going to reach $500 this year as well.
In 2018 we will see both continue to rise, but I think ETH will rise much faster than BTC.
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joinfree
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November 26, 2017, 03:59:49 PM |
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When bitcoin came up from $4000 to $6000, ethereum was still on the same price (Around $280 and $320) So that is the only proof that you need to understand that ethereum is not following bitcoin's price.
I dont know why you are always saying that bitcoin and altcoins are always the same thing, or that they both are following the same pattern, because that is not happening, well, at least for now.
So no, the price of ethereum will probably be at the same price as it is right now, maybe it will be $500, but i dont expect to see it at that price.
Just think about that bitcoin is now on $9200, there is less than a 8% to touch the $10000 mark.
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kriptom
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November 26, 2017, 04:02:37 PM |
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I think it will happen very soon. BTC will be 10k for 1-2 weeks. The end of the year of ETH will be $ 750.
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