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Bitbtc8 (OP)
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June 13, 2019, 05:50:43 AM |
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For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
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kurcalas
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Activity: 378
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June 13, 2019, 06:44:09 AM |
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For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
I think your information for Ethereum is limited. Other projects within the network are of course important, but the high number of them is not a big deal! There are also serious projects in EOS and Tron networks. But the best in quality is still in the Ethereum network! I also don't understand how you're conducting your views on Ethereum's price. The Ethereum rose to $ 1500 during the bull season. But one of the most important reasons for this increase was the dominating FOMO. Add to that the high Bitcoin price. Ethereum was able to pass 0.1 against BTC at that time. The real success will be to push up that level again. |
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kingpin4321
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June 13, 2019, 07:11:54 AM |
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Thought the key previously to the bullish run of coins was held by bitcoin now it's held by ethereum.
Cut it out with all this theory that are self acclaimed just to suit the current situation and to fit into the desires of who made the theory
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Herbert2020
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June 13, 2019, 08:45:02 AM |
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such a naive thing to say.
you seem to have forgotten that the only reason why ETH went that high in 2017 was because of the massive ICO hype that was going on. basically there were hundreds of new ICOs every month and in order for people to participate in them they were forced to buy ether which is why its price went up in first place.
today the ICO hype is dead and also the remaining small hype under different names (like IEO) is owned by other platforms and exchanges like Binance hat is forcing people to buy THEIR token to participate in them.
so there is no more reason for people to buy ether as much as they did in 2017 so there won't be any pump near as big as that one either.
on top of all that, a centralized coin like ethereum with lots of issues that has been pumped and dumped a lot of times is nearing its end of line because every coin like this has a certain cap for the number of times it can get pumped and when it reaches that cap, it becomes increasingly hard to pump it. and ethereum is near that cap.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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bigcash2011
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June 13, 2019, 08:48:31 AM |
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I think it does not matter much if most of the tokens are based on erc 20 and eth network but i do partially agree with you that eth will make its decisive and massive move first and then the bullish effect will transfer to other alts and tokens so may be we will see eth recovery and bulls gaining momentum in coming months do patience is the key.
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qazgroup
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RiveMont
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June 13, 2019, 09:17:26 AM |
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If we see the monthly chart then it is quite clear that eth does not have many resistances to break to recover fully to all time high price again i think it is matter of breaking the 400 level and then 800 and eth can do it quite fast. I am sure good times are coming ahead for eth and its holders as exciting upgrades are also coming up.
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gaitonde
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June 13, 2019, 09:47:35 AM |
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For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
but if you see top 100 altcoins many of thats have there own blockchain or using other blockchains they also not moving well only BTC is doubled the price since couple of months fact is people buying only BTC the king! |
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X-ray
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June 13, 2019, 10:04:30 AM |
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For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
This time it's different compared with what already happened in 2017. Most of platforms are using ethereum as tokenization and remember IEO has already changed the payment system to participate in ico. I guess that needs a lot of effort from ethereum. I can believe if that will happen as long as we will see there will be FOMO to the ethereum to be used to participate or buy ICO tokens again. |
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CryptopreneurBrainboss
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eXch.cx - Automatic crypto Swap Exchange.
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June 13, 2019, 10:23:43 AM |
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Nope Ethereum no longer holds the key, it's even fair to say every exchange owned token that IEOs will be performed on now owbs the key to the success of the altcoin that carried out an UEO in their exchange. The reasons why Ethereum spiked that high in 2017 was a combination of the bull market & ICOs but mostly ICO as most investors were buying Ethereum to invest in other altcoin which increased the demand of ETH hut now the attention will be giving to exchange own token like BNB that's why binancecoin is experiencing success right now and in months to come I'm positive other exchanged owned token will experience success too.
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passwordnow
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June 13, 2019, 10:37:34 AM |
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This is now the challenge for Ethereum since the ICO market has been drought and it is about to die anytime now. The growth that Ethereum will show in the future depends on its own status because it won't depend to the ICO market anymore. There is now IEO but it requires now a certain coin that's made by the exchange to be exact, Binance coin and other exchange coins that's currently do IEO on their platforms. If ETH goes back to $1k soon, the reason won't be caused by ICOs.
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freedomgo
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June 13, 2019, 10:41:10 AM |
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As investors, we are hoping for that to happen again, I missed ETH to be at that range, when it reached that level, I think it would not go down anymore, but t was just god blinded by my greed, I should have made a decent profit that time if I choose to sold it.
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betty11
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June 13, 2019, 12:01:46 PM |
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What is wrong with project to moving their funds to a stable currency after the ICO or IEO in other to avoid giving excuses about price dump of the fund collected? If a project is truly working as detailed in their road maps, price may not be very good but will be within acceptable medium by investors and traders and not when developers just share the crowd fund for their personal aggrandizement and withdraw support from the project citing bearish market.
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Cnut237
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June 13, 2019, 12:18:08 PM |
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I understand the point that the high ETH price in 2017 was due in part to the ICO fever, but the fact remains that ETH is still the top altcoin in market cap, and plenty of altcoins have ETH as their primary (or only) trading pair.
A surge in ETH price would cause an apparent surge in dollar price of the ERC20 coins too. I think it is fair to say that an ETH price surge could pull up the whole alt market.
I wouldn't discount ETH just yet. Smart contracts have an almost assured future, and ETH is still the top smart contract coin by some distance.
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aioc
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June 13, 2019, 12:25:13 PM
Last edit: June 13, 2019, 01:28:50 PM by aioc |
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For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
I don't think so, it's still on a coin to coin basis there are so many coins in erc20 that are considered dead coins no volume no whatsoever, and you don't expect to surge in price just because they are an Erc20 TOKEN it has nothing to do with being in Ethereum platform, it's still on investors trust, they are the one that will pump the coin. |
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taguig
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June 13, 2019, 12:33:43 PM |
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That's not a valid argument to still hold your ERC20 shitcoins, if it has no support no volume don't put your faith on Eth because it is an ERC20 coin, better dump it all, no need for a miracle to happen because it's not going to happen.
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Reid
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June 13, 2019, 12:45:44 PM |
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But all stayed with ERC20.
Some of them just used it for gathering funds and now they have their own coins and not tokens anymore.
You see, when the ICO turns to get successful, you will already have the grasp to make your own coin and just let all your investors know that they could trade their ERC20 tokens for it. Could be 1:1 or whatever rule they put in.
But regardless of all that. It doesnt mean that ETH will also grow in value. Once they are listed in an exchange they can be bought with bitcoin and other main crypto currency.
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awakpane
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June 13, 2019, 01:09:45 PM |
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in my opinion, the price of ETH used to be high. indeed, if we compare it with the current price, the price of ETH is much lower than before. Hopefully, by the end of this year, the price of ETH will return to prices like the end of 2017.
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Thomas-s
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June 13, 2019, 01:17:59 PM |
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and how did you find a connection between Altcoins that already exist in the ERC20 format and the increase in the price of ETH? I think that all good projects this year or next will be transferred to their own blockchain
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Erickan
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June 13, 2019, 01:21:37 PM |
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Although ETH still has the potential to increase strongly in the future, the price increase to $ 1500 in 2017 is mainly due to the bustling ICO market. Most projects mobilize capital by ETH thus making the price of ETH increase sharply. But I still believe in ETH and I also invest some money in it.
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tenebriscaelum
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June 13, 2019, 01:33:36 PM |
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For me BTC still holds the barometer whether the market is in the bear or bull. As of now we only made more than 2x of prices of almost all the top cryptos in the past few months and its really only a matter of time when altcoins will surge in prices, then we can tell that the bull run is in full swing.
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