Obolo (OP)
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September 06, 2018, 05:29:32 PM |
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I have been keeping eyes on ethereum so far this week and I realize a strange dip in the value of ethereum. Well I don't think this will lead to the collapse of ethereum completely, however, I do think it will go down way more due to panic sales and most ICO's selling their tokens. Guys do you think all ECR20 tokens will follow ethereum in terms of further dip in prices?
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xelamb
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September 06, 2018, 05:34:53 PM |
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They were created and supported by ERC20. Because creating them is quite easy and the cost is very low. That's a great option. ETH prices fell mainly due to the dumping of ICOs when they raised capital
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Stumbleupon
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September 09, 2018, 12:46:11 PM |
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Actually the market of crypto currency is showing so much volatility in this year. Most of the crypto currencies are going down day by day. We have seen some rise but again they are going down. In that case it is possible that all erc 20 tokens can be low. But the price will rise very soon and use this as an opportunity.
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Varun Kanwar
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September 09, 2018, 12:52:51 PM |
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The market conditions are not getting better and everyday we can see dip in btc and eth prices. However, other coins which are ERC20 are not dependent on eth price. They are mostly linked to btc prices. If btc goes down then we will surely see more dip in erc 20 coin prices.
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bittick
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September 09, 2018, 01:06:30 PM |
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I have been keeping eyes on ethereum so far this week and I realize a strange dip in the value of ethereum. Well I don't think this will lead to the collapse of ethereum completely, however, I do think it will go down way more due to panic sales and most ICO's selling their tokens. Guys do you think all ECR20 tokens will follow ethereum in terms of further dip in prices?
No, it's not true. I should remind you there was a lot of ERC20 asset that still defend its price caused by they have been creating a fully working product. that's the key to protect the investor's trust. I should remind you that it will have a correlation with the bitcoin price too. you can try to see the ethereum based icos which have created product. |
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dogtana
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September 09, 2018, 01:08:00 PM |
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Many are intended to become a unique blockchain so those should be fine at least.
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Balmoon
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September 09, 2018, 01:13:03 PM |
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When viewed based on the tokens I have, it is true, tokens continue to fall along with ethereum, which is currently decreasing, but in my opinion it depends on the use of each token or what the ICO is running like, so it seems like not all tokens will follow eth continuously down.
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Black Coffee
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September 09, 2018, 01:35:43 PM |
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Indeed there was a dump that occurred to ethereum, but this was also caused by the fall of the market and almost all the coins fell. I think the collapse of ethereum will not have a big impact on tokens erc20.
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flyingdutchmen
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September 09, 2018, 01:39:03 PM |
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I have been keeping eyes on ethereum so far this week and I realize a strange dip in the value of ethereum. Well I don't think this will lead to the collapse of ethereum completely, however, I do think it will go down way more due to panic sales and most ICO's selling their tokens. Guys do you think all ECR20 tokens will follow ethereum in terms of further dip in prices?
No, it's not true. I should remind you there was a lot of ERC20 asset that still defend its price caused by they have been creating a fully working product. that's the key to protect the investor's trust. I should remind you that it will have a correlation with the bitcoin price too. you can try to see the ethereum based icos which have created product. Can you name a few of these projects? I can’t think of a single one actually that retained it’s price. I am mostly holding alts with real products (Hacken, Cobinhood, etc) but they have been slammed nonetheless. |
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Koadharber
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September 09, 2018, 01:45:24 PM |
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I have been keeping eyes on ethereum so far this week and I realize a strange dip in the value of ethereum. Well I don't think this will lead to the collapse of ethereum completely, however, I do think it will go down way more due to panic sales and most ICO's selling their tokens. Guys do you think all ECR20 tokens will follow ethereum in terms of further dip in prices?
What would you expect? Erc20 tokens or simply ETH is the main platform and they do use it and come to think if the main frame collapse then it isn't surprising for those projects to follow and as others said I cant see any token specially erc20 do able to retain its price inspite on such bearish market which do result on giving a very red negative prices but as we all know even how deep is the negative no one really knows if this would be the end or not. |
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felicanoma
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September 09, 2018, 01:58:27 PM |
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After I analyzed and monitored myself I got the answer that the ECR20 token did not follow ethereum because of what, after I saw when eth went up another token was dropped and when eth dropped the other tokens which included the ECR20 actually went up.
all tokens have their own strength and have their own power how they maintain and release so there is no way for other tokens to follow ethereum.
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harapan
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September 09, 2018, 02:06:21 PM |
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indeed ethereum has experienced a very unnatural price decline but this does not make all ERC20 tokens experience a price drop like ethereum because many of ERC20 see the price of bitcoin is not ethereum
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Dayattaufik
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September 09, 2018, 02:16:33 PM |
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even though ethereum tokens are currently down or drastically reduced, that does not mean other tokens are dropped, but all tokens will follow decreases such as ETH
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arakuns
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September 09, 2018, 02:18:57 PM |
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Actually it has been the trend that most erc 20 tokens follow suit with ethereum price dip but the rate which ethereum is dumping in the last few week is quite higher than any other ethereum based tokens. I just hope the market recover soon.
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cytpoway121
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September 09, 2018, 08:56:10 PM |
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The basic truth is that
Once Etherum dumps all other erc 20 tokens follow because t affects them massively
It causes altcoins to forcefully have a reduction in price value and assets too
But altcoins or erc20 tokens do fight back and we expect Etherum to do the same
Fight back
Survive the dump and become what we all want it to be
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dillonplayadoe
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September 09, 2018, 09:06:09 PM |
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No, as long as the network is up and functioning I see no reason why other coins would fail. Also with the technology becoming more and more mainstream if Ethereum becomes and issue many strong projects will jump off Ethereum onto their own blockchain.
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lazy effort
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September 09, 2018, 09:29:43 PM |
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Only the technology is from Ethereum but it depends from the project. If the project is good, the token price will increase, if it's not good, the token price will decrease.
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diedvw96
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September 09, 2018, 09:33:31 PM |
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It depends on how much they rely on the ETH platform to make their transactions, there are many ec-20 tokens that are very tied to ETH and without a doubt their value will fall with ethereum, but there are also others that are worthwhile and work independently, those do not think they will affect much, although this bear market affects us all.
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Binauf
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September 09, 2018, 09:47:49 PM |
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I honestly don't think so. I believe most erc20 tokens are just on the ethereum platform because of the ease of using the smart contracts. Many of them would follow for the time being, but when their main net is ready, they'll leave ethereum at some point.
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CryptopreneurBrainboss
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September 09, 2018, 09:48:07 PM |
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Now this is the moment you will see the differences between shitcoins and tokens. On paper almost all erc20 will dip while some will just be a corrections others will even dip lower than their ICO prices The tokens which are useful to the Crypto community will bounds back after the dip but the shitcoins will die and give birth to new shitcoins and the cycle will continue.
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