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Author Topic: Will ERC20 tokens benefit from Ethereum upswing?  (Read 353 times)
Skyshark (OP)
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March 06, 2019, 10:45:34 PM
 #1

Most of my hard earned tokens are ERC-20 tokens. We're all aware that an ERC-20 tokens are cryptocurrencies that's built on the Ethereum platform. And needless to say, these tokens are only compatible with Ethereum wallets. Also to transact ERC20 tokens, we are required to have some Ethereum as GAS.
I just want to know ...
Whenever Ethereum had a bull, will ERC20 tokens values increases as well?
If a certain Ethereum's smart contract suddenly become successful and its ERC20 tokens popular, will that success pull up Ethereum also?
What will be the effect to Ethereum if a smart contract failed?
Need some answers guys...




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March 06, 2019, 10:48:40 PM
 #2

Most of my hard earned tokens are ERC-20 tokens. We're all aware that an ERC-20 tokens are cryptocurrencies that's built on the Ethereum platform. And needless to say, these tokens are only compatible with Ethereum wallets. Also to transact ERC20 tokens, we are required to have some Ethereum as GAS.
I just want to know ...
Whenever Ethereum had a bull, will ERC20 tokens values increases as well?
If a certain Ethereum's smart contract suddenly become successful and its ERC20 tokens popular, will that success pull up Ethereum also?
What will be the effect to Ethereum if a smart contract failed?
Need some answers guys...





there are better encription plattforms out there by now than etherem for example waves, ethereums value is highly speculative and due to the american obsession with vitalik buterin


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March 06, 2019, 11:00:38 PM
 #3

Most of my hard earned tokens are ERC-20 tokens. We're all aware that an ERC-20 tokens are cryptocurrencies that's built on the Ethereum platform. And needless to say, these tokens are only compatible with Ethereum wallets. Also to transact ERC20 tokens, we are required to have some Ethereum as GAS.
I just want to know ...
Whenever Ethereum had a bull, will ERC20 tokens values increases as well?
If a certain Ethereum's smart contract suddenly become successful and its ERC20 tokens popular, will that success pull up Ethereum also?
What will be the effect to Ethereum if a smart contract failed?
Need some answers guys...





there are better encription plattforms out there by now than etherem for example waves, ethereums value is highly speculative and due to the american obsession with vitalik buterin



You said that a better platform than ethereum but so many new platforms in ethereum has over performed waves platform itself. Waves is having a garbage system. Only a plagiarize ethereum at this moment. their own tech can't even compete with smartcontract and erc20.  Tongue

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March 06, 2019, 11:01:14 PM
 #4

No, all tokens don't depend on ethereum value and if smart contract suddenly succeeds then it will only affect ethereum value instead of all ERC20-based tokens and if it does then it will cause decrease in ethereum
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March 06, 2019, 11:05:14 PM
 #5

Most of my hard earned tokens are ERC-20 tokens. We're all aware that an ERC-20 tokens are cryptocurrencies that's built on the Ethereum platform. And needless to say, these tokens are only compatible with Ethereum wallets. Also to transact ERC20 tokens, we are required to have some Ethereum as GAS.
I just want to know ...
Whenever Ethereum had a bull, will ERC20 tokens values increases as well?
If a certain Ethereum's smart contract suddenly become successful and its ERC20 tokens popular, will that success pull up Ethereum also?
What will be the effect to Ethereum if a smart contract failed?
Need some answers guys...





there are better encription plattforms out there by now than etherem for example waves, ethereums value is highly speculative and due to the american obsession with vitalik buterin



You said that a better platform than ethereum but so many new platforms in ethereum has over performed waves platform itself. Waves is having a garbage system. Only a plagiarize ethereum at this moment. their own tech can't even compete with smartcontract and erc20.  Tongue
There is no cause to compare two different blockchains. Waves and Eth have similarities but waves need to make a lot of development in order to catch the speed of ETH. It is obvious that, Waves dex is useless and it is full of worthless waves tokens that can't be traded.

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March 06, 2019, 11:21:15 PM
 #6

actually there is no price link because they only use ethereum as a platform so when ethereum experiences price increases ethereum doesn't have any impact on other coins
but in this case ethereum is greatly benefited, we can say that only ethereum is benefited because when there is a successful ERC-20 coin, the transaction volume of the coin will definitely be high and because each transaction uses GAS, the volume of ethereum transactions will also increase people who want to sell ERC-20 coins must first buy ethereum for the GAS

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March 06, 2019, 11:22:58 PM
 #7

Most of my hard earned tokens are ERC-20 tokens. We're all aware that an ERC-20 tokens are cryptocurrencies that's built on the Ethereum platform. And needless to say, these tokens are only compatible with Ethereum wallets. Also to transact ERC20 tokens, we are required to have some Ethereum as GAS.
I just want to know ...
Whenever Ethereum had a bull, will ERC20 tokens values increases as well?
If a certain Ethereum's smart contract suddenly become successful and its ERC20 tokens popular, will that success pull up Ethereum also?
What will be the effect to Ethereum if a smart contract failed?
Need some answers guys...





there are better encription plattforms out there by now than etherem for example waves, ethereums value is highly speculative and due to the american obsession with vitalik buterin



You said that a better platform than ethereum but so many new platforms in ethereum has over performed waves platform itself. Waves is having a garbage system. Only a plagiarize ethereum at this moment. their own tech can't even compete with smartcontract and erc20.  Tongue
There is no cause to compare two different blockchains. Waves and Eth have similarities but waves need to make a lot of development in order to catch the speed of ETH. It is obvious that, Waves dex is useless and it is full of worthless waves tokens that can't be traded.

it is fundamentally not a difference relating a tokens value weather it is using waves or ethereum as an encription service, its rather vice versa, ethereum is worse to use, its gas is constantly an object of speculations.

the fixation on encription plattforms especially ethereum is currently one of the big idiocity in the industry.

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March 06, 2019, 11:30:24 PM
 #8

actually there is no price link because they only use ethereum as a platform so when ethereum experiences price increases ethereum doesn't have any impact on other coins
I don't think so. Both altcoins and Ethereum have a positive correlation and price rates affect to each one. If the price of altcoin increases then there is a money flow to this altcoin. Money flow to particular ERC20 token will have a positive effect on ETH's price.
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March 06, 2019, 11:42:22 PM
 #9

Technically yes but not all, because most of the erc20 tokens are paired with ETH on exchanges, if there is an increase of price in eth it will automatically affects token prices. Like for an instance we have $139 value of ETH and we have BETH(Bethereum token) its value is $0.0018 @ 0.000013 Eth. If eth will reach $1400 what do you think will happen? 0.000013 eth X $1400 = $0.0182.  A huge increase right.
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March 07, 2019, 12:56:43 AM
 #10

I don't think so, there is never any case that Ethereum price affects other ERC-20 based coin. I know that most of ERC-20 token only has ETH pair since it's only listed in Decentralized Exchange, but they are small project with small market cap coins. So, I don't think Ethereum rising will have huge effect. And the other coin that already has well developed project they already has their own BTC pair or even a fiat pair. So, they will not be affected too.

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March 07, 2019, 01:01:22 AM
 #11

It seems like alts, even ERC20 would be more associated with an increase in price if the price of bitcoin were to rise.

Since most of the ERC20 tokens are also trading against bitcoin in the markets today.
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March 07, 2019, 01:04:26 AM
 #12

there are many token who will never be worth anything again because the related project is unsuccessful. in the future, only tokens will certainly have a value that is part of a successful project. therefore, not all tokens will benefit from the upswing of ethereum.
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March 07, 2019, 07:32:32 AM
 #13

Definitely all ethereum blockchain based tokens will be greatly affected by the ethereum upswing especially it will be on a upgrade probably before this year ends. But before that, bitcoin must rise first so ethereum and different altcoins will be also on the trend.

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March 07, 2019, 07:40:14 AM
 #14

Most of my hard earned tokens are ERC-20 tokens. We're all aware that an ERC-20 tokens are cryptocurrencies that's built on the Ethereum platform. And needless to say, these tokens are only compatible with Ethereum wallets. Also to transact ERC20 tokens, we are required to have some Ethereum as GAS.
I just want to know ...
Whenever Ethereum had a bull, will ERC20 tokens values increases as well?
If a certain Ethereum's smart contract suddenly become successful and its ERC20 tokens popular, will that success pull up Ethereum also?
What will be the effect to Ethereum if a smart contract failed?
Need some answers guys...



It is not certain. But still it has an affect on its tokens also. So if Ethereum network gets a power, tokens gets power also. But when Ethereum demand increase, then all tokens loose their demand also. So everytime market gets its balance own. So sometimes it may affect, sometimes not.
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March 07, 2019, 08:10:53 AM
 #15

I think it is not like that if you are worried about the value of your erc tokens then remember that the value depends on two main factors one is the quality of the individual project and secondly the overall trend and volume in the market so i will say that if you are holding good quality tokens then wait for the bull trend to have better value for your tokens.

baghdatis1990
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March 07, 2019, 09:19:59 AM
 #16

       There is no link between ERC20 and ETH. The only common point between the two is that ERC20 uses the ETH platform. Both for the ERC20 and other projects, the price is influenced by the quality of the project and the market volume for trading.




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March 07, 2019, 03:09:07 PM
 #17

For the fact that ethereum tokens are created in the ethereum blockchain doesn't mean that when there is a bull run in the price of ethereum that those token will get same bull run, we need to understand that creating a token is just like forking the bitcoin blockchain and creating another coin from it, this will not affect the price of the coin you created in any way even though it is a fork from Bitcoin.

The only difference is that the token is being deployed to the ethereum blockchain. This is why you still have to pay for listing to get your token on exchanges.
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March 07, 2019, 03:18:41 PM
 #18

No, ethereum price upswing won't affect the price of ERC 20 tokens, the only thing that can affect the price of good ERC20 tokens is if market condition change from sideway movement to a bullish mode.

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March 07, 2019, 03:28:54 PM
 #19

Market changes are likely to affect the value of ERC20, the rise of Eth or bitcoin does not affect it to make the platforms still valuable and beneficial to its holders.

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March 07, 2019, 03:33:43 PM
 #20

Of course will win,and most importantly the fact that the higher the Ethereum rises and becomes more reliable,the greater is support aldonas,as they are a ISO and spend their money on development of the project is collected in ETH,so 100% of it many depend


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