What Happened with ETH ?

[konflikkastil]

Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600

[kindbtc]

I think it is due to increasing dominancy of bitcoin in the market at the moment as soon as it settles down or changes direction we are definitely going to see better prices and recovery in eth and other alts too but at the moment seems like btc is taking the game away from alts.

[jackg]

Bitocin has increased in dominance because more popel know about it existing.

Hold in if you have any eth as it seems to be hugging the $200 point quite well now (you could try to sell and buy back for less in btc value to increase your amount of eth but I don't think we'll fall much further).

[louisBSAS]

Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600

I think this is due primarily to the fact that recently Ethereum has a lot of competitors who are luring new projects into their networks, which reduces the popularity of Ethereum and accordingly affects the price level of this coin.

[CryptoIyke]

Etherium has been so disappointing to say the least and a lot of altcoins are also following the lead, this goes to show how much unpredictable the crypto market is, why one need to understand the dynamics and flow with it. It is etherium now, may be bitcoin next

[kram31]

As long as the Ethereum goes down continuously it is best time to hop on and buy more.
I dont expect ETH to go worst but love the opportunity to have it, i guess this is just because people are giving more demand to BTC now.
But soon everything will be in normal, just buy more now!

[martina14]

Just a normal thing in cryptocurrency and its market.
Some goes down while others go up. this is very common. but what we need to do is to extend the opportunity on things like this.
It is easy and cheaper now to harvest and wait for the fruit to be ripe once the bull run comes.

[Saint-loup]

Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600

I think it's mainly because the teams of ICO projects sold the Eth they earned during their ICO by selling their tokens against Ethers.
A big amount had been bought by people and then sent to ICOs in exchange of tokens. But ICO teams had to finance their projects in fiat then, so they had to sell their ethereum bags.
You can check the ethereum bagholds and spendings of several ICOs there https://app.santiment.net/projects/ethereum]https://app.santiment.net/projects/ethereum

An interesting article on the subject :
https://blog.bitmex.com/ethereum-holdings-in-the-ico-treasury-accounts/

[Pet240]

Crypto enthusiasts are presently looking forward to old bitcoin more than any altcoin, which is also applicable to ethereum. So if they notice pthat bitcoin is about to pump or that its is pumping, they sell off their altcoins at any price. This is also affecting ethereum and that is why it is not growing independent of bitcoin.

[hrunya102]

Nobody owes anybody anything in the market. The situation is constantly changing, there are many factors affecting the price, but ETH is the king of the Alts, so we are waiting for the Alt season.

[goinmerry]

Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600

ETH just got driven up by BTC last 2017. That increase is not the increase we want to see since it's more of relying purely on BTC.

Look at what happened today, now with BTC at over $11,000, ETH is still sleeping like a cow. This just means that everything about ETH is just a hype last 2017.

But you can play short-term trades here to make some profits. Still one of the top altcoins with a good volume.

[Catmurs]

What happened to him ?)
bad news I do not observe this coin , only the fact that all altcoins are falling and Ethereum including , in the future it will certainly restore its price to bitcoin.

[disconnectme]

IEO is what takes away or suck away value from Ethereum, then ICO was at the peak and there is need to stack Ethereum in your wallet if you want to take part in ICO especially the hot ICOs, but now there is no need to hold Ethereum unless you are a developer that need it for your platform, another thing we should notice is that most of these ICOs that raised Ethers are now dumping on the exchanges in need of cash for their platform

[numanoid]

Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600

Who knows what happened? Maybe you can find the reason while you see if bitcoin dominance is higher than 65% right now, so people are exchanging their altcoin to bitcoin.
Not only ETH, 99% from all altcoins also in same situation with ETH. While their price should be rise alomg with bitcoin, but their price only changed a little

[samcrypto]

Nobody owes anybody anything in the market. The situation is constantly changing, there are many factors affecting the price, but ETH is the king of the Alts, so we are waiting for the Alt season.

There is no required price for ETH, it is unpredictable and if bitcoin becomes bette compare to ETH then so be it. I still believe with ETH, the season of altcoins will come and surprise us. I don’t believe that ETH will just stay below $600, ETH can be more and ETH will go for more that’s the reality for me.

[chanler]

ETH is likely the other altcoins that still experience the dumping price on the crypto market. So far, we can see the progress of Ethereum during this recovery era in 2019, but it dropped again to only around $224.10. Actually, it has been a good move in some weeks ago, but of course, the BTC price may really give a big impact to all altcoins, including the Ethereum. But personally, I believe that this coin can enhance its power again and reaches the great price some months later

[Muttley]

It happened witho most of altcoins due bitcoin dominance.

[ivaf]

In 2017, Ethereum was needed to participate in ICO. There was a great demand for it, respectively, and the price was high.
Now there is no hype, so the price is kept at the lower bounds.

[suryapro]

In this year the development of Bitcoin has indeed increased sharply,so resulting in a very far price difference with ethereum. however, if you have eth, you should hold it, because eth also has very good development, besides Bitcoin

[lolgato1]

Ethereum is the best partner of bitcoin, during 2017 ethereum prices were around 5% of the price of bitcoin. when the bitcoin price is $ 5600 then the ethereum price is $ 280
But why since 2018 until now when bitcoin has reached $ 11 707, ethereum is still $ 227. The ethereum price should be $ 585.
What happened if bitcoin price is $ 20 000 then ethereum price is only $ 600

Yes, it should be, but price is diffrent. It is caused by distrust in this altcoin.
Just like Gold and Silver. Silver is falling for many years, while Gold is growing.