Kezacky
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August 07, 2019, 09:58:04 AM |
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maybe the reason why bitcoin prices skyrocketed is because bitcoin demand is higher than ethereum, but that doesn't mean ethereum won't go up in price, I'm sure with ethereum potential, ethereum is the second best altcoin on this market I think we will witness an increase in ethereum prices after bitcoin are at the highest price again.
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Sozialtourist
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August 07, 2019, 10:06:29 AM |
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Just look at the Bitcoin dominance. We are already at 68 % and rising. It's really no wonder that all altcoins, including ETH, are struggling to keep up with Bitcoin. We won't see an altseason as long as the BTC dominance is that high.
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CryptoIyke
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August 07, 2019, 10:23:47 AM |
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There is a huge trend reversal, during the beginning of the bitcoin bull run, a lot of persons had invested in eth and some other altcoins hoping of a repeat of 2017 event but it was all disappointing. I had exited eth and moved back to etherium when I noticed it is not favorable.
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Coltpython
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August 07, 2019, 10:31:19 AM |
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Ethereum is the chief coin in use during the era of ICOs. At the time of the bear market, several of these ico devs dumped their accrued ethereum to hedge for usdt. The price of eth has not recovered from the massive dump. It's going to take a miracle for eth to go back to its 2017 price levels
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Plinteng
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August 07, 2019, 11:02:01 AM |
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maybe behind all that because of market demand, if many take part in bitcoin automatically prices will go up especially if a lot of positive news can affect the price of bitcoin. but I believe that there will be a time where ethereum prices can rise to high prices. It is only a matter of time
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Boriss
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August 07, 2019, 11:04:00 AM |
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Nothing happened, it's just reduction of demand, ETH could not hold the price at that level anymore.
First there are no so much ICO happening in 2019, next big factor is small transaction fees of BTC so people don't need buy ETH for cheaper transactions.
That would be the 2 biggest reasons why ETH price couldn't keep up with the price, don' think it has any other reason behind the story or alt season altogether.
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agusiska
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August 07, 2019, 11:31:07 AM |
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it could be etherium fame has taken by other coin, so the demand was reduced and making the price has stuck, or even fall like now.
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labenea
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The Standard Protocol - Solving Inflation
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August 07, 2019, 11:52:03 AM |
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demand and supply in the market is one of the reasons that makes coin prices go up or prices go down, if more market demand or more people invest in ethereum, of course prices will go up and vice versa.
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Metall303
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Oikos.cash | Decentralized Finance on Tron
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August 07, 2019, 12:39:43 PM |
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Ethereum is still good as investment. There's still potential profit to it by holding for a long term. Devs of it and founder Vitalik is still there and managing ethereum and their team thinking how ethereum can be profitable to its users and holders.
He recently decided that it would be good to unite with Bitcoin cash, which caused very negative sentiment among the Ethereum community. I think Vitalik does not know what to do |
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MCDev
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August 07, 2019, 12:42:30 PM |
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The ETH price will never rise too high, and it is very difficult to go to ATH in 2018. Currently the demand for ETH is not so much, ICO is dead and it makes ETH collapse.
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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August 08, 2019, 10:20:43 AM |
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It will still go up, do not listen to people that think ethereums time is done, it is still the best all around there is. Right now, all of market went down, all the way from 20k times to this day price has always been shaky and bear run hurt it like hell, however it is recovering, it is even focusing on making it proof of stake instead of proof of work. It is also the leader in ICO fundings and it is also allowing dapps to built and games to be played, it also has blockchain storing data technology.
Basically, anyone can do whatever they want with it and there is nothing better at what ethereum does better than ethereum itself. It may not be what it used to be and it may have hard days but eventually it will rise back up and will go up, remember this is the second biggest coin right now.
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Khuongcute2503
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August 08, 2019, 11:01:35 AM |
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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  At the time of 2017, the market exploded because of ICO. Everyone holds ETH to join ICO, which makes ETH very valuable. Currently, the situation has changed. People no longer participate in many ICOs, this issue partly affects the value of ETH. But don't worry, I think ETH will soon return to its true value in the future. I still realize that cutting-edge technology will help it grow well. When the 2.0 update succeeds, I think you will be surprised by what ETH brings us. Keep calm and wait. Good luck to you guy!! |
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Krabby
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https://primedao.eth.link/#/
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August 08, 2019, 11:05:21 AM |
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The price of ethereum has fallen sharply due to the fact that projects that raised money in ethereum sold a lot in 2018.
Agree, that's the truth. In 2018 all ICO projects sold all the ETH they had to maintain the project. And it made ETH decline like it is now. And I think it's difficult for ETH to go up like before because now no project holds ETH. |
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bisdak40
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August 08, 2019, 11:45:50 AM |
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The price of ethereum has fallen sharply due to the fact that projects that raised money in ethereum sold a lot in 2018.
I tend to also believe that this might be one of the reason why ETH's price has declined sharply from it's ATH. During the year 2017 where there are lot of ICOs who reached hardcap, the ETH which is a proceed from ICO may have been converted to other currencies like BTC and it has not recovered it's price since then. |
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Rafif000
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August 08, 2019, 11:56:08 AM |
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most projects using ethereum might also have an effect, although not too large, when bitcoin moves up the traders are still focused on buying bitcoin, so ethereum is still stuck and when bitcoin is more stable, ETH will become the second choice of traders I think it can drive up the price of ETH.
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cichaescut
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SYNCHROBIT
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August 08, 2019, 12:08:29 PM |
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Ethereum as well as all other altcoins are very silent at the moment. This happens due to BTC dominance that is extremely high at the moment. Once it will go down, altcoins will show their potential, especially ETH.
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thiscomm
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August 08, 2019, 12:17:12 PM |
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I think it all happened when ETH started announcing that they were developing their version to the latest version. since then the price of ETH has come down and has continued to fall, until now. but I am sure that ETH will catch up with BTC after version 2.0 was launched by ETH. although there will be some problems at the start of the launch due to some new policies that have been made by ETH developers.
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cryptonewbie
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August 08, 2019, 12:22:17 PM |
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A popular theory that I seem to believe is that the effects of ico era in 2017/2018 has affected the price of ethereum significantly as most of the project owners that collected eth during their various icos have crashed the price by dumping during the bear run in order to protect the value of their funds. Whether ethereum will ever recover from this massive dump remains to be discussed
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Freescan
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August 08, 2019, 12:30:54 PM |
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we cannot fully assume that the rise in ethereum prices depends on the price of bitcoin. as far as I know the increase in the price of coins depends on demand and also supply in the market. if the price of bitcoin goes up, altcoin can change to go down and it can also go up. because the crypto market is sometimes unpredictable
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cliber
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umachit.fund
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August 08, 2019, 07:42:39 PM |
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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 have not found the right answer to cause Ethereum prices to drop since 2018. I had thought that early in 2019, Ethereum would go back together with the price of Bitcoin, which is 5% as you mentioned ... But in reality it is not like that at this time. It could be because a lot of new coins were born, or because Ethereum has less demand. |
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