Ethereum and Bitcoin Cash getting closer. What next?

[omonuyak]

there is plenty coming from ETH for sure https://www.coingecko.com/en/coins/ethereum

This is good news. I also see ethereum recovery very soon and heading towards $300 as it is shown on the chart. I am not the fan of ethereum but I do believe that something is underway technically that might push it across $300.

[jarhed]

there is plenty coming from ETH for sure https://www.coingecko.com/en/coins/ethereum

This is good news. I also see ethereum recovery very soon and heading towards $300 as it is shown on the chart. I am not the fan of ethereum but I do believe that something is underway technically that might push it across $300.

Ethereum over the past month has kept the price well and for periods has even grown in value. It seems to me that with the fall of the altcoin market, Ethereum is not cheap now. I think that in the next month the price will not be above 250 dollars.

[AjithBtc]

From the Op it is clear that during the month of February ethereum and bitcoin cash was close in value. Further the growth has taken place with small difference. The difference has grown higher after the month of April, when bitcoin began to grow gradually. Now ethereum sits around $180 and bitcoin cash around $225. There is not much of difference, but for large scale investors it will be a loss if invested in ethereum by that time.

[hashman]

there is plenty coming from ETH for sure https://www.coingecko.com/en/coins/ethereum

This is good news. I also see ethereum recovery very soon and heading towards $300 as it is shown on the chart. I am not the fan of ethereum but I do believe that something is underway technically that might push it across $300.

Ethereum over the past month has kept the price well and for periods has even grown in value. It seems to me that with the fall of the altcoin market, Ethereum is not cheap now. I think that in the next month the price will not be above 250 dollars.

ETH is one of the strongest coin at the market. Everybody still expecting ETH will start the alt season. For BCH people waiting it may follow BTC while BTC increasing. By the way BCH/BTC already dropped after BSV hardfork. And following years we can see more hardforks and the range at BCH/BTC can be bigger.
By the way RTH is doing well. It crushed with all market but still one of the strongest one. My expectation is the price of ETH will catch the BCH at near future.

[gaston castano]

Today the price of ethereum and bitcoin cash has come close in value. By now the value of ethereum is $122.23 and Bitcoin Cash is found $122.61, and will the price of bitcoin cash fall further providing path for users to make a large scale investment on bitcoin cash moving from ethereum.

maybe the value of bitcoin cash at that time was declining, yes I guess that is a good opportunity to buy because usually the value of bitcoin cash and ethereum differ quite significantly.
so this is the right moment to enter. But from market capitalization it will be difficult to pursue ethereum.

There is one word for that, "Manipulation" although I don't know the reason behind why they are keeping on doing that,

So do you mean dev is manipulating prices to take profits or something like that?

[rodel caling]

Today the price of ethereum and bitcoin cash has come close in value. By now the value of ethereum is $122.23 and Bitcoin Cash is found $122.61, and will the price of bitcoin cash fall further providing path for users to make a large scale investment on bitcoin cash moving from ethereum.

maybe the value of bitcoin cash at that time was declining, yes I guess that is a good opportunity to buy because usually the value of bitcoin cash and ethereum differ quite significantly.
so this is the right moment to enter. But from market capitalization it will be difficult to pursue ethereum.

There is one word for that, "Manipulation" although I don't know the reason behind why they are keeping on doing that,

So do you mean dev is manipulating prices to take profits or something like that?

Manipulation of each altcoins is depends on The support of every developer, but not derictly to manipulate the coins because I still believe every coins need to volume demends tradable in the market.

[judeafante]

Today the price of ethereum and bitcoin cash has come close in value. By now the value of ethereum is $122.23 and Bitcoin Cash is found $122.61, and will the price of bitcoin cash fall further providing path for users to make a large scale investment on bitcoin cash moving from ethereum.

If you are a holder of both coins you are in a win situation, every holders of both cons don't care about the competition between the two coins as long as they can give profit, volume and development, I'm ok with Bitcoincash moving closer to Ethereum, but i don't think they can pull down Ethereum to it's position with the current development Ethereum is implementing.

[cosmofly]

I know that everyone is worried about the price of alts now. But keep in mind that this is what the sharks are doing, they are trying to push the price of the alts to a record low level before they push the price of it up again. This is the rule of a financial market and we need to understand it to choose a good time to buy. And this is a good time to buy and hold a few more months.

[Cnut237]

Today the price of ethereum and bitcoin cash has come close in value. By now the value of ethereum is $122.23 and Bitcoin Cash is found $122.61, and will the price of bitcoin cash fall further providing path for users to make a large scale investment on bitcoin cash moving from ethereum.

The price of a coin alone doesn't mean anything. You need to consider number of coins in circulation as well - this is why everyone looks at market cap.

If a coin has a price of $1,000 and the supply is 1,000,000 coins, this is exactly the same as if the coin has a price of $1,000,000 and the supply is 1,000 coins. the two situations are identical. The coin in the second scenario isn't any better or worse than the one in the first scenario, the price of $1,000 or $1,000,000 is meaningless unless supply is also considered.

[adroitful_one]

Today the price of ethereum and bitcoin cash has come close in value. By now the value of ethereum is $122.23 and Bitcoin Cash is found $122.61, and will the price of bitcoin cash fall further providing path for users to make a large scale investment on bitcoin cash moving from ethereum.

Yes, but the market cap for Ethereum is more than 4 times the amount of Bitcoin Cash. This is a very important factor to look at. There are 108 million Ethereum and only about 18 million BCH. That's the reason for the prices being so close to one another. It's simple supply and demand. Ethereum still has 4 times the investment of BCH and 4 times the interest as well. BCH will probably always be worth more than Ethereum when looked at by the dollar value, but it's only because there's not as many of them to go around.