Can Ethereum survive below 0.02 BTC per coin?

[poornamelessme]

If you would like to see which coins fell most here is the website for you: https://athcoinindex.com/
There are only few altcoins that are not in 90% loss compared to the highest price.

That's an interesting site. I was well aware of the drops for the marketplace, but it's kind of striking when you see every coin like that with such huge losses.

My takeaway isn't to single out ETH like it's price is terrible, but simply the entire marketplace is down. The lack of successful ICOs definitely hurts ETH, but if the market recovers and if 2.0 spurs on a run, the price can recover somewhat.

And those are pretty big ifs, but still, it's not like ETH is the biggest loser, easily seen by some coins at 99%+ losses.

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[Vishnu.Reang]

Now the prices have fallen much further, despite the prevalence of the IEOs. Even the support level of 0.018 was breached quite easily. And it didn't took much time to reach the current level of 0.0169. Outlook is tragic for Ethereum holders. I would expect the majority of the holders to convert most of their tokens to either BTC or Tether.

[trust7]

Now the prices have fallen much further, despite the prevalence of the IEOs. Even the support level of 0.018 was breached quite easily. And it didn't took much time to reach the current level of 0.0169. Outlook is tragic for Ethereum holders. I would expect the majority of the holders to convert most of their tokens to either BTC or Tether.

I don't think it's that tragic. The Ethereum will keep their positions. If the Ethereum is a scum, then all other violas are lower than the lower one.

[kram31]

Still buying more EThereum now and i dont want it to go high as i am not contented on what i have now.
I am pretty sure that 0.03 BTC per ETH will be done before the year ends and its the minimum price.

[jarhed]

Still buying more EThereum now and i dont want it to go high as i am not contented on what i have now.
I am pretty sure that 0.03 BTC per ETH will be done before the year ends and its the minimum price.

I think that Ethereum can still fall by 10-15% in relation to Bitcoin. Because a fairly high level of Ethereum mining now.

[zabir.brutov]

Just look at the market, it seems like everything is going well. Market is green and even ETH is raising and maybe will get back to 0,02 per BTC within a short period of time. The 4th quarter will show the potential of all altcoins, especially of ETH.

[ololajulo]

Altcoin price movements are very dependent on bitcoin. However strong eth if bitcoin falls then eth will also drop. It's just that compared to other altcoins the decrease in eth isn't very significant and still in reasonable stages. Currently the market is still not stable. The price of coins is still up a little but the decline is very much. So you have to be very careful not to get stuck.

You should know the trend is changing with bitcoin-altcoin price movement, recently the price movement had been inverse, if you consider very well what could have been the factor for the over 70% dominance? The challenges of the falling price face by ethereum maximalist is not how the team sees it, and most of the updates on the project does not show the concern either

[papagravel]

As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.

And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?

The longer Ethereum drags in time until the introduction of the new POS consensus mechanism, the longer it will sink in price with respect to Bitcoin. Many investors are gradually losing patience and selling their Ethereum. I mentioned two main factors that affect the decline in the price of Ethereum.

[dkbit98]

Bitcoin is more like 90% dominance and it is still going up and not many coins will survive.
I am not sure what price for EHT but it can lower for sure.

[satriagedhe]

that possible because ETH still have dominance on coin creating with their system , but btc dominance right now are really massive just wait and we will see what will happen next

[Danslip]

BTC is right now nearly 70%. Since l joined in the crypto market, l always have believed ETH and l keep believing it. But right now it seems to me BNB is more profitable than ETH. l have a little feeling thang next months ETH event will fall down very badly, there is high risk to invest it for a short time, for a long time you can prefer ETH, maybe it will take a long time. it seems ETH needs a lot of time to be healthy.

[1chempion123]

 ethereum is also a fact that many ico sales have received ethereum as the currency to buy tokens, for now, ethereum still have a good future  in the long run.

[jthor]

ethereum is also a fact that many ico sales have received ethereum as the currency to buy tokens, for now, ethereum still have a good future  in the long run.

Of course, Ethereum has a great future. Even now, the coin has very high liquidity in the cryptocurrency market and many use the coin as a real payment.

[Free1bitco.in]

BTC is right now nearly 70%. Since l joined in the crypto market, l always have believed ETH and l keep believing it. But right now it seems to me BNB is more profitable than ETH. l have a little feeling thang next months ETH event will fall down very badly, there is high risk to invest it for a short time, for a long time you can prefer ETH, maybe it will take a long time. it seems ETH needs a lot of time to be healthy.

since BTC dominates 70%, ETH prices continue to decline. as one of the people holding back ETH, I was quite frustrated to see this. I am one of those who believe that the price of ETH can again reach prices above 0.035 btc this year. but, in fact, the current price of ETH has decreased to 0.016btc / ETH. yeah, seeing this makes my spirits go down a little. but, I might hold it back, for now, I believe that the price will rise again above 0.02 btc / eth for this year.

[Chemcrier]

Have you forgotten that there was a time that Ethereum reached a low price of $80, and I know that while it was still technically above 0.02 BTC because bitcoin was also falling in price, I just want to point out that at that period, people were speculating that the Cryptocurrency market is dying and that they would keep reducing in price until they Cruze to exist entirely, now look at where we are, I think that even if Ethereum goes below 0.02BTC, it would survive and bounce back, because that's what it does.

[BlackFor3st]

As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.

And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?

There is always a chance for a comeback especially if the market will start to recover, Ethereum is consistent now in the 2nd position base on coinmarketcap therefore the chance for a comeback is very high. The prices now is very low and many will surely use this chance to stock some eth and hold it for a long term.

Though we didn't really know the thinking of big whales but what I am sure of, Ethereum will grow once the market will start to grow again base on how the market is cycling for how many years.

[attech21]

It can be go below it but it can be also temporary like the price of btc in 2017 and the price of btc in 2018 they not similar right? So it must be go lower and lower then catch up again into higher price like now btc is getting higher and there are some rumors that it will gonna get its price again like 2017.

[samuraijin]

now the price of ETH / BTC has increased to 0.021 BTC, I think the bear market has run out and ended, maybe they will not last too long below 0.02 BTC, this will encourage the price of ETH to strengthen against BTC, some BTC holders still believe in ETH so they buy it and make the price of ETH to be increased, it looks like ETH is still given the trust to be the best Altcoin in the next few years and remains in 2nd place Coinmarketcap

[jazmuzika217]

If you are eth holder and decide to sell your coin in this kind of price I think you are not thinking well. Because all we know that eth is now at the low price. And if you are going to sell your eth even you are loss then invest at bitcoin I think it is not practical also even if all we know that btc is a good investment and fast to recover always think that you are aleady loss to eth. So make another investment to btc and hold your eth and have more patience.

[Moore234]

The price of the second coin by total market capitalization, ether (ETH), stepped over the USD 180 level. Meanwhile, the developers are discussing the transition from Ethereum 1.0 to Ethereum 2.0, facing both supporters and critics alike.
While the last couple of weeks were not the happiest the cryptocurrencies have seen, many are experiencing a rise in their prices this week. Ethereum in particular is seeing a growth in its numbers, breaking through that USD 180, and it’s now  trading at c. USD 183, or 1% more than 24 hours ago. Majority of other top 10 coins are also showing similar gains today.