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Author Topic: Can Ethereum survive below 0.02 BTC per coin?  (Read 3566 times)
davinchi
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November 20, 2019, 07:17:06 PM
 #141

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
It is becoming clearer that the altcoin season is approaching as bitcoin has been trying to go sideways for a long time now, and during this period, I have seen some project like vechain and some other project makes some uptrend move same as Ethereum is trying to also do the same thing, so it will not be very much surprising if any moment form now, we see the value of Ethereum increase along with some other altcoins too.

Also, bitcoin might also make some surge in the coming month of December which this will definitely make the value of Ethereum to increase by almost 1 quarter of the recent price in the market. Ethereum still has very great prospect when it comes to high surge in its value which we need to continue preparing for.
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November 20, 2019, 07:23:56 PM
 #142

Ethereum is still an important altcoin and a top ICO platform so it will go up also when bitcoin starts the next rally that can start soon.
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November 20, 2019, 07:44:13 PM
 #143

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
It is becoming clearer that the altcoin season is approaching as bitcoin has been trying to go sideways for a long time now, and during this period, I have seen some project like vechain and some other project makes some uptrend move same as Ethereum is trying to also do the same thing, so it will not be very much surprising if any moment form now, we see the value of Ethereum increase along with some other altcoins too.

Also, bitcoin might also make some surge in the coming month of December which this will definitely make the value of Ethereum to increase by almost 1 quarter of the recent price in the market. Ethereum still has very great prospect when it comes to high surge in its value which we need to continue preparing for.
I believe it will be more hard to hold Ethereum price between 500-800 USD when Ethereum 2.0 will release. In December Bitcoin surge doesn't need for Ethereum. As news Ethereum 2.0 will arrive in Q1 2020, so sit tight to see Ethereum bullrun and forget about 0.02 BTC.
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November 20, 2019, 09:44:01 PM
 #144

Eth is at 0.02157BTC at the moment and it's surviving just fine.  If it were to drop below 0.2BTC, I have no doubt that it would also survive, even if it were to lose its #2 place on coinmarketcap and I don't place a lot of stock on those rankings anyway.  As far as popularity and mainstream media coverage go, Eth is one of the biggies out there and I don't think that's going to change.  If smart contracts and tokens ever get used for something other than garbage projects and scams, they're probably all going to be on Eth's blockchain.  It's always had the biggest community and the first mover advantage.

So I wouldn't worry too much about ethereum's survival.  It would be quite rare to have the #2 coin just drop out of existence.
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November 20, 2019, 11:35:36 PM
 #145

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.
But OP is talkng about the ethereum price in bitcoin term which has already achieved consider ethereum was sitting above 0.02 rate. That doesn't need to predict how much the price movement of ethereum in the dollar term consider about what has already targetted by OP already achieved. You can see how it was still increasing.
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November 20, 2019, 11:45:28 PM
 #146

if ethereum can increase demand from all over the world by legalizing ethereum usage and payments then it is certain that ethereum prices can be very expensive and can even reach more than what is said by the OP, because I believe ethereum can do like that, still hold ethereum as much as you can and do not sell until the price rises to become expensive.

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November 21, 2019, 12:25:08 AM
 #147

Ethereum represents a good value buy below that range if you're viewing this from a long term perspective and its development team and infrastructure are growing daily and there still is nothing close to rivaling it so when something becomes oversold is always a great time to accumulate it

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November 21, 2019, 12:33:59 AM
 #148

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?
not only etherum, bitcoin is still experiencing a decline this week. so in essence it is not only etherum that has decreased. The market is currently in a down period, because when there is an increase, it will definitely go down again soon. if the market is in an upward period, then the significant increase will continue and reach its peak. this is not something to worry about and etherum can certainly survive.
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November 21, 2019, 12:41:51 AM
 #149

Given that (ETH) is the largest altcoin based on current market capitalization, it makes sense to see these assets as an indicator of how altcoin performance with other large marketcaps.

Last week Heath Tabert, chairman of the U.S. Commodity Trading Commission (CFTC) said that he believes ether is a commodity and Tabert calls that Ethereum futures trading will soon become a reality. BKCM CEO Brian Kelly also believes that the classification for Ethereum is very bullish.

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November 21, 2019, 01:15:55 AM
 #150

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?
not only etherum, bitcoin is still experiencing a decline this week. so in essence it is not only etherum that has decreased. The market is currently in a down period, because when there is an increase, it will definitely go down again soon. if the market is in an upward period, then the significant increase will continue and reach its peak. this is not something to worry about and etherum can certainly survive.
When bitcoin have lower price ethereuem never can raise up to higher price because eth price depend with how bitcoin position, without any update from Vitalik owner of ethereum maybe difficult how to see ethereum have higher price at the future, waiting for ethereum back above $1k I think less chance with situation of crypto right now, just reality ethereum will back soon above $500.

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November 21, 2019, 02:56:12 AM
 #151

Depending on the condition, if the market conditions are more profitable to hold BTC then the holders will remove it.
There may be some that still hold it, but for short-term holders it does not consider it.
I think if the ALT market gets better people will buy back ETH.

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November 21, 2019, 01:03:18 PM
 #152

you are right
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November 21, 2019, 01:26:38 PM
 #153

I also don't understand why eth values continue to decline. I think maybe this is due to the many ICO projects that are scam and some ICO projects use the ethereum platform. if this time the ICO project is no longer trusted, the demand for ethereum will decrease and make its value go down. and also added at this time the value of bitcoin is also down, then the value of ethereum will also go down. if at the end of this year bitcoin dumps again maybe eth values will fall to 0.01 btc.

 
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November 21, 2019, 01:33:33 PM
 #154

Don't worry about this, mate. In my view, Ethereum will always be the main key of altcoins. Until now they continue to make developments that have a very significant impact on other projects, because the platforms they have created are very useful. At present more than 60% of projects use their platform, this indicates that the development they make will be very meaningful and potentially has a bright future.
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November 21, 2019, 01:53:00 PM
 #155

Most of the current IEO does not work as expected by the project holders. and only large exchanges IEO have the trust of investors and users. and if things have improved, and people have started to love IEO, I hope that eth prices will also increase.

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November 21, 2019, 02:04:28 PM
 #156

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?
IMHO! Ethereum is already an established coin, and it has a in-demand use case and products (smart contracts) so why doubting in Ethereum's capability the price is just temporary as we all know, Trading dictates the daily price of a particular coin or token it may rise and fall, pump or dump so what's the difference after all, that's why stop doubting in Ethereum's future im sure it will survive as long as the cryptocurrency still exist.
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November 21, 2019, 02:19:33 PM
 #157

2020 will be the year of BTC and ETH.
BTC will be pumped due to upcoming halving.
ETH will be pumped due to upcoming update ETH 2.0 + investors will be lured to staking.
And maybe, the world crisis will come and investors will look for alternatives.

So be positive in these hard days and cumulate more Bitcoins and Ethers  Smiley.

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November 21, 2019, 02:30:27 PM
 #158

Very difficult, a reason Ethereum ROI peaked significantly in 2017 because it was originally created as a smart contract, focusing on an industry that we usually call today (ICO) and in a time when supply needs continue to increase dramatically, quite the opposite today where inflation move just a little. It's not as easy as that liquidity in Ethereum, maybe if trends like ICO come and approach now make ETH as the beginning of the peak again, but unfortunately there are more competitors nowadays. I hope Ethereum 2.0 can fix this.

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nutriagrigia
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November 21, 2019, 03:30:04 PM
 #159

2020 will be the year of BTC and ETH.
BTC will be pumped due to upcoming halving.
ETH will be pumped due to upcoming update ETH 2.0 + investors will be lured to staking.
And maybe, the world crisis will come and investors will look for alternatives.

So be positive in these hard days and cumulate more Bitcoins and Ethers  Smiley.

if this is the year of Bitcoin and Ethereum then around the majority of altcoins we will also see a lot of news and updates. if everything will  be so good, then everyone who is now increasing their portfolios will become rich


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MyIdeas
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November 21, 2019, 03:33:47 PM
 #160

2020 will be the year of BTC and ETH.
BTC will be pumped due to upcoming halving.
ETH will be pumped due to upcoming update ETH 2.0 + investors will be lured to staking.
And maybe, the world crisis will come and investors will look for alternatives.

So be positive in these hard days and cumulate more Bitcoins and Ethers  Smiley.

if this is the year of Bitcoin and Ethereum then around the majority of altcoins we will also see a lot of news and updates. if everything will  be so good, then everyone who is now increasing their portfolios will become rich
All other coins which have solid business or a strong community will definitely rise in value because when bitcoin market gets good health then all the investors start to invest even in other good coins because they think now the crypto market is better. They all correlate the bitcoin market with the whole crypto market.
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