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Author Topic: What is happening to Ethereum?  (Read 13096 times)
olumyd (OP)
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October 16, 2018, 10:12:48 AM
 #1

Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?
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October 16, 2018, 12:08:50 PM
 #2

Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?

This topic belongs to the Altcoin sub-forum.
I believe that ethreum will grow only if bitcoin grows,even though the two cryptocurrencies aren't connected.
ICOs are dead and ,as far as I remember,ETH doesn't have a limited supply,like bitcoin,which means that ETH will never reach stable price above 1000 USD.

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October 16, 2018, 01:53:36 PM
 #3

Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?

This topic belongs to the Altcoin sub-forum.
I believe that ethreum will grow only if bitcoin grows,even though the two cryptocurrencies aren't connected.
ICOs are dead and ,as far as I remember,ETH doesn't have a limited supply,like bitcoin,which means that ETH will never reach stable price above 1000 USD.

is there a possibility that these two coins are connected? if bitcoin is high, eth is also high, because seeing what is happening now, bitcoin has a more stable price, while eth, has decreased quite dramatically
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October 16, 2018, 01:56:22 PM
 #4

One thing that I have been asking myself for a long time.
Are this tokens and also Ethereum dependent to the Bitcoin price?
But if that is the case, we might see investors walking away selling ETH already.
The market is really unpredictable. I guess we will just have to go with it.

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October 16, 2018, 02:02:12 PM
 #5

Every cryptocurrency depends on bitcoin success.

However, Eth´s price is falling more than BTC.

I believe Eth has some issues, which need to be solved:

1 - Desktop wallet. All bad and too complicated to use. No, MEW is not a desktop wallet.

2 - Proof of Stake. Is it going to be released? It was postponed, when will it be  released? Which direction is Eth going?

3 - Vitalik Centralization. Is it Vitalik's blockchain? It looks like he decide everything?

4 - Plasma (Ethereum Lightning Network). Is it going to be released? LN is already going on in the mainnet,but Plasma is still in early stages.

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poiska7662
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October 16, 2018, 02:06:54 PM
 #6

I've just heard a rumor that whales are controlling the price of ETH so they can buy it low also it said that it will last until the first quarter of 2019.

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October 16, 2018, 02:07:57 PM
 #7

It's hard for anyone to tell exactly what's going on with ETH, but I still expect the coin to grow again at over $ 700. Only wish for low prices, not dare to wish at high prices, so it will be difficult to achieve.

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Cryptoguru274
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October 16, 2018, 02:16:28 PM
 #8

Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?

It's quite unfortunate that Ethereum could not kick start a high movement, however I believe during this last quarter of the year,2018, the price of Ethereum might move than $300.

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October 16, 2018, 02:32:27 PM
 #9

Don't worry mate, every crypto currency will rise by time. All we need to do is to wait.
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October 16, 2018, 03:00:45 PM
 #10

Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?
It can't consider about it has a very strong correlation with bitcoin, as far as I know this time ethereum price movement was pegged to the bitcoin and if there was no any pump on bitcoin and that will not give any direct impact to the ether.
But we must build another momentum for ethereum, I thought that ethereum ETF has made it even worst than before.

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October 17, 2018, 05:45:17 AM
 #11

not only ethereum, there are many other coins that cannot rise from the fall of this market. indeed bull run is expected by everyone, but we don't know when it can happen and it's better to keep multiplying or folding assets to welcome the bull run that will happen later.
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October 17, 2018, 07:59:29 PM
 #12

Mostly likely it is due to the bearish sentiment in the market, as long as it stays bulls will not be able to dominate, once overall sentiment bevomes positive only then we can expect good price gains and bulls in control.

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October 17, 2018, 09:13:31 PM
 #13

Ethereum is good projects and has one of the best developer teams but price is something different, so invest in ethereum while you can, it will rise surely also it is less risky to nvest in it now.
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October 17, 2018, 09:44:07 PM
 #14

I've been out of market for some time but I've always kept an eye on coimarketcap to understand the market and create strategy to get back. But right now I have a lot of doubts about Ethereum and trying to understand what is happening with this coin. Yet all I know is that Ethereum is at a speculative moment where many FUD revolve around it.
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October 18, 2018, 02:27:10 AM
 #15

From the analysis of the market, it seems that the price of the Etherium is some how connected to Bitcoin. If that is the case and a people start to realise it, then possibilities are that a lot of investors will turn away from this Altcoin. However, the price is mostlikely to go up again. So, think about your choices and then decide if you would like to take some risk and buy it now.
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October 18, 2018, 06:55:09 AM
 #16

You can do it, maybe buy more. All coins are in the same condition, experiencing a downward trend. We cant judge ethereum and leave it. Ethereum is the best altcoin after bitcoin. We see what surprises will occur 2019
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October 18, 2018, 07:30:28 AM
 #17

ETH has been hit harder than other coins recently, and looks good value for buying more. It is still a hugely important project and I expect it to rise considerably once the next bull run starts.






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October 18, 2018, 10:36:42 AM
 #18

it is just money exiting while keeping the situation hidden without letting the bag holders panic and dump it down drastically.
of course the dump from $1500 to this level which is 85% dump has been big enough to clear the market from most bag holders but there is still a lot more remaining and with the ICO age coming to an end with all the scams and bans the usage of ethereum dies too.

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October 18, 2018, 11:08:20 AM
 #19

There seems to be a connection between Bitcoin and ETH. It is possible we can see a high ETH price after Bitcoin's bull run. I would like to see the price around $450-$500 in the new year.
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October 18, 2018, 11:17:08 AM
 #20

Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?
It can't consider about it has a very strong correlation with bitcoin, as far as I know this time ethereum price movement was pegged to the bitcoin and if there was no any pump on bitcoin and that will not give any direct impact to the ether.
But we must build another momentum for ethereum, I thought that ethereum ETF has made it even worst than before.

You are right but I think the situation is more complex actually.
As you know there are 3 trade pair
1 ETH-BTC price
2 ETH-USD price
3 BTC-USD price
there is an organic relation between pair 1 and pair 2. but the most important factor which influences big ETH movement is the trust to the BTC. If the BTC market conditions are well ETH will rice and if the BTC market conditions are not good ETH price will diminish. Of course ETH also have own fundamental and technical dynamics

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