adaseb
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September 03, 2019, 05:39:25 AM |
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The reason why ETH is struggling to rally and bitcoin isn't is because there are too many people who are underwater in their ETH positions, while in BTC they are not.
Someone did some realized profits/losses based on balances on both ETH and BTC when a transaction took place and somewhere around 80% of all ETH investors are sitting at a loss and with BTC most investors are sitting at a profit.
Hence the reason why every decent rally we get on ETH causes it to get shorted down, its pretty bad that we couldn't touch $400 a few months back.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Vladok
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September 03, 2019, 09:11:26 AM |
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I would not say that the price is struggling, the price just stands in one place and does not move, for more than a month
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Republikcoin.com
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September 03, 2019, 09:38:48 AM |
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since this thread was created, bolajiy123 asks if it's a bad signal? It seems like it is indeed a bad signal because at this time the price of ETH is falling below $ 180. although bitcoin prices are recovering, but not with most altcoins, especially ETH. it's just that this is an opportunity for those who want to buy ETH.
so far, I believe that ETH is trying to pass the price of $ 200 again. it would be nice to see that the price of ETH could be above $ 200 again for this month, especially if it could be higher.
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Om.monata
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September 03, 2019, 12:07:46 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
there is no bad sign for eth, this price will now be one of the prices that will return to the best position in the future. right now eth is just waiting to get the best price and stable market conditions, because when viewed market conditions greatly affect current ethereum prices
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ichai
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September 03, 2019, 12:15:38 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
The price of ETH will go down further as ICOs are increasingly unlocking tokens, they are gradually selling it and making its price unable to rise sharply. ETH is still affected by Bitcoin, so I think its price will still fall.
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peter0425
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September 03, 2019, 12:40:32 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
The price of ETH will go down further as ICOs are increasingly unlocking tokens, they are gradually selling it and making its price unable to rise sharply. ETH is still affected by Bitcoin, so I think its price will still fall. Lol which ICO is unlocking the tokens?can you mention even atleast one of them? Almost all of the project are locked ,not paying still and some are run away already and not responding to the updates so which are you referring about unlocking their tokens? Ethereum will struggle until Bitcoin starts to grow high again ,because all of alts now are just relying for what bitcoin activities soon
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_ZeD_
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September 03, 2019, 12:53:48 PM |
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Eth is deeply integrated into the market. Naturally, there is no excitement on it now, but bitcoin pulls it along. If the bitcoin rate does not rise rapidly, then Eth should steadily go up.
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bison
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September 03, 2019, 01:07:21 PM |
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Eth is deeply integrated into the market. Naturally, there is no excitement on it now, but bitcoin pulls it along. If the bitcoin rate does not rise rapidly, then Eth should steadily go up.
yes, a gradual increase in bitcoin will help altcoin and ETH follow suit. but if bitcoin is increasing rapidly, and is not followed by market demand then ETH and altcoin will be difficult to keep up with the growth of bitcoin. before the update occurs ETH requests should increase.
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Cnut237
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September 03, 2019, 01:07:42 PM |
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As with most alts, I don't think the ETH price drop has much to do with how good or bad ETH is, it's more a symptom of the general market movement. A lot of good alts look very underpriced against historic levels, vs both $ and BTC. I would expect that once real bullish sentiment is back then alts will overtake BTC as the main drivers of price growth.
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UstadSoleh
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September 03, 2019, 01:10:54 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
If you look at Ethereum prices I think the price is stable. But if no surprising movement would be very difficult to make a profit. But I don't think that this would be bad. It looks like Ethereum will be Hardfork. The possible price of Ethereum can again surprise us all. And if looking at the price of Bitcoin this week is also very positive because the price also rises. I think Ethereum will also respond to the Bitcoin movement.
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kennen1113
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September 03, 2019, 02:25:36 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
The market is even worse now as crypto experts consider that ETH in the future will continue to decline. Our alts season is still far away and we should be prepared for the strong dump of the whales. I expect the price of ETH to go down to $ 154 in the coming days. Crypto experts have a reason for that, and the first thing we can easily see is the dominance of bitcoin, which is rising so high, capitalization is flowing towards bitcoin, and when there is no sustained capitalization, altcoins, especially large altcoins such as eth, the value will go down with a high frequency, altcoin season is still very obscure. The price that you anticipate will be able to reach in the near future, this battle of eth is very hard, investors like us are also fighting fiercely in the situation of being stuck.
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sarmrakib
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September 03, 2019, 03:38:54 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
Really its going steady price .It's got a downtrend and fall down heavily and starting to recover once again. The price is around 180$ at the moment and its struggling .Market always is an uncertain place .I think the platform is well established and still on the 2nd position of the market cap .So hopefully it will recover soon .
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ciang huang
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September 03, 2019, 03:54:56 PM |
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ethereum will recover and will rise together with bitcoin for this year, the fall in ethereum prices is due to the many shiitcoins which often have an adverse effect on ethereum and investors have not yet believed in ethereum which is still low and unstable but if bitcoin rises ethereum will definitely follow it
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slashz9
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September 03, 2019, 05:44:25 PM |
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well we can see bitcoin is stuck in 9600-10000 in this week, so we can expect more for ETH. because many exchange has organize ieo that mean ETH will not use for ICO, so their no chance por pump/dump in short time. unless if bitcoin fly.
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freedomgo
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September 03, 2019, 11:22:10 PM |
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well we can see bitcoin is stuck in 9600-10000 in this week, so we can expect more for ETH. because many exchange has organize ieo that mean ETH will not use for ICO, so their no chance por pump/dump in short time. unless if bitcoin fly.
I don't want to expect from ETH again as it was not able to produce a good price when BTC was at $13,000. Maybe if BTC reach higher than $13,000 there might be some good reaction in the altcoins market, I'm just looking at the dominant rate and it's has increased significantly, that makes ETH and other altcoins failed to rise even if BTC is quite bullish a bit. ETH will struggle, but we won't be affected so much with that if we continue to hold. For me, I've seen ETH struggle in the past as well, but the right time comes, ETH rises and I did not even expect it will priced at almost $1400 when it reached its ATH.
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Cnut237
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September 04, 2019, 12:16:31 PM |
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I think people need to look longer-term. YesETH price looks low at the moment, but it is still a great project and current price says more about the general market than it does about ETH in particular. I do think that ETH will recover and hit a new ATH at some point, although I'll concede that a new ATH doesn't look likely to happen anytime soon. The alt market looks very low at present but there are plenty of good coins in there and it should eventually recover. Alts are many and varied, they don't all just 'fail' at the same time - there is a lot more positive price movement to come from good alts.
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coin-investor
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September 04, 2019, 12:29:10 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
I don't see any struggle, they are very steady on where they are right now, people should not only look for the current price or the price in a one month span, they should study its contribution and it's long term profitability and status, I don't see any thread to its position. Bitcoin gap is very huge, Ethereum gap over the third coin in the market is still good at 5.40.
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icekohl
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September 04, 2019, 02:49:33 PM |
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It is the general state of the current market. Moreover, once ETH is not limited to the supply, ETH is still mined daily. ETH is one of the top coins that grow quite well according to BTC. If you mention struggling coins, I think the more sensible name is XRP, which has always been at $ 0.3 since the beginning of this year.
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Ochakemaput
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September 04, 2019, 03:26:59 PM |
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It is the general state of the current market. Moreover, once ETH is not limited to the supply, ETH is still mined daily. ETH is one of the top coins that grow quite well according to BTC. If you mention struggling coins, I think the more sensible name is XRP, which has always been at $ 0.3 since the beginning of this year.
ETH has no problems, maybe because of the current market conditions that make ETH prices in a difficult situation. but now it is not impossible that conditions will improve, when this market improves I think ETH will have the possibility to be able to immediately fix the price.
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sana54210
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September 04, 2019, 06:56:33 PM |
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it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?
Really its going steady price .It's got a downtrend and fall down heavily and starting to recover once again. The price is around 180$ at the moment and its struggling .Market always is an uncertain place .I think the platform is well established and still on the 2nd position of the market cap .So hopefully it will recover soon . Most of the altcoins that we have now are all struggling and it is not Ethereum alone, we are just being picky on Ethereum before it is tagged the king of altcoins, and I could understand everyone that have so much expectation in bitcoin that as a king of altcoins, it is meant to still leave differently which I think it is still following. If they were not storing, I am sure that they would have falling long time ago and probably one other coin would have already taken control of the position of altcoins. I think that the factor that is generally affecting altcoins is what is just making Ethereum to struggle and I am hoping that one day, the factor would be over and Ethereum would return back to its normal price that would encourage more investors and make its users have faith in it again.
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