Looks likes ETH is breaking out of BTC pair

[NathanJB]

It's a good news that altcoins are now starting to recover especially Ethereum. It's the best time for most investors to regain their trust for altcoins again. However, I don't see it as an indication that altcoins could take over Bitcoin because we all know how strong the foundation of Btc is. It will still remain on top and will surely gain a better price soon.

What do you mean that Ethereum has started to recover? The price is still way below, $160, and the lowest price it got is around $80 so I don't see any recovery with it.

The only good thing about Ethereum though is that they have a plan to release ETH 2.0 next year January. Just a couple of months from now. But since the market is still on the bearish trend, we don't know if this is a catalyst to at least see the price hovering $300-$500 and say that it is out of the woods already.

Perhaps the bear market will only benefit Ethereum, because in my opinion it will make it possible to get rid of all the junk coins that are on the cryptocurrency market and clog the Ethereum blockchain.  At least Ethereum already has a transaction speed much higher than Bitcoin and this already makes it a direct competitor and a contender for a leadership position.  For some reason, it seems to me that in the near future we will be able to see Ethereum as a means of payment much faster than this will happen with Bitcoin.  In addition, the erc20 platform is really a very good opportunity for new projects, but only in this case it would not hurt to carry out a certain control among all new projects in order to avoid fraud.

Even theres an IEO in the market I can say that ethereum is very usefull in the market but I'm excited to the ethereum 2.0 and looking forward for more volatility of its price like what happen on 2017 bullish run.

Ethereum has remained the number one altcoin since beginning. Though it has tried to take place of bitcoin but failed. However, it is believed to be the top rival of the king. Due to this, it has also grabbed huge community of supporters and admire its development over the time. Ethereum can go bullish only when bitcoin will. It is not like ethereum was able to achieve its 2017 target on its own.

I don't even consider Ethereum as a competitor of Bitcoin. Bitcoin is plainly a currency, even though it is also being considered by a lot or people as a store of value. But it is made as a currency. Ethereum, on the other hand, is created to offer smart contracts using the Ethereum blockchain technology. Ethereum was not purely created to be an alternative to fiat, unlike Bitcoin. When it comes to price, Ethereum is still not a competitor of Bitcoin. Look at its market cap. It is not even 1/8 of Bitcoin's.

[Omega Weapon]

According to coingecko btc is 52.77% lower than ATH and  ETH is 82.327% lower than ATH.so till now eth lower than btc pair. Maybe one day eth can break out btc price.But It's really hard for eth.   

I'm pretty sure that if people weren't hoarding Ethereum for their POS upgrade, the price would probably hover below the $100 mark today....

If true this is a sign of concern not only for ethereum but for the rest of altcoins, if the second most powerful coin in the market of cryptocurrencies doesn't really have a healthy demand then what can we expect of the rest of the altcoins? This is especially important for all of those that are supporting projects other than bitcoin, after all even if I believe that bitcoin is going to be the coin that will be adopted worldwide we still need the altcoin market to be strong and yet it is incredibly weak right now.

[coingrowth]

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

[bryant.coleman]

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

The cryptocurrency users does not regard Ethereum as superior to Bitcoin, as evident from the exchange rates and trade volumes. I agree that smart contracts and tokens are very innovative, but for the ordinary cryptocurrency users these things doesn't matter much. What matters for them is the use of Bitcoin as an investment asset, or as a currency, and in this case Ethereum is not superior to Bitcoin in anyway.

IMO, we are doing the mistake by grouping Ethereum together with Bitcoin. That is not right, because both of them are entirely different assets with only a few similarities. Ethereum is more like a platform and Bitcoin is an asset which is protected from inflation (suitable for use as store of value). And the users are also realizing it. Earlier the exchange rate of ETH and BTC used to be in sync. That situation has changed now.

[bassbity]

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

[Colt81]

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

ETH is still having a hard time increasing it's price, unlike bitcoin it started to recover it's price due to it's downturn, that is why a lot of people have been waiting for ETH 2.0 that they are expecting it will have an improvement in the year of 2020. But i think even ETH has a low value today, it will still remain the top altcoin in the market.

[Shasha80]

I am very enthusiastic to see the development of ethereum now, it seems that the price of support is very strong. Plus ethereum prices
slowly rises although not significant, but moves in a positive direction. Not to mention a lot of positive news about cryptocurrency lately
this makes many new investors jump into the world of cryptocurrency. And of course ethereum is the choice of new investors to buy,
because ethereum is the king of altcoins, it is compulsory to invest in ethereum because its potential is very good. My estimate is ethereum
by the end of this year it could go up to $ 700.

[huige007]

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

Ethereum is a slow mover. It wont be wrong even if you call it the slowest one. There is no comparison between the amount of profits that bitcoin can produce and those that ethereum produce in same duration of time. That is why I suggest bitcoin. Even if it is expensive than ethereum, it is worthy of this rate. Ethereum is not too bad either. At least it is not a bubble like most of altcoins.

[Yamifoud]

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

ETH still has not shown its fangs, because at the price of $ 183 it is still low in my opinion even bitcoin has reached $ 9.2k but ETH has not addressed anything, so I think after the developer is right to release then there will be an increase. let's wait

Ethereum is a slow mover. It wont be wrong even if you call it the slowest one. There is no comparison between the amount of profits that bitcoin can produce and those that ethereum produce in same duration of time. That is why I suggest bitcoin. Even if it is expensive than ethereum, it is worthy of this rate. Ethereum is not too bad either. At least it is not a bubble like most of altcoins.

It was acceptable by then that ETH never been doing great since last year. And even other altcoins seems to be more profitable than it was. However, it won't just a way to think that ETH losing its credibility and potential gaining coin in the market. ETH needs more time enough to cover its declining sentiment compared to altcoins and to other coins.

I'm not really bad into this but it sometimes giving us disappointment when we never saw few pumps rather than dumps. What we could see now is that ETH isn't showing aggressiveness and don't know if Mr. Vitalik would like to do something for better.

[Triffin]

Mostly the price of ETH is becoming stable at the current value and seems to be more bearish at this level. So we should wait for the market recovery of ETH because development team should release their update then the price of ETH will surely skyrocket in the market. It is becoming more stable at the current value.

Ethereum has always been following the paths of bitcoin market and this is nothing new for ethereum to appear stable because bitcoin has been doing this for few last couple of months. As soon as bitcoin is going to increase in value, we will see Ethereum following bitcoin even if its development team does not release any update. No one likes the stability of any coin in the market of crypto because this stops trading.

[davinchi]

I believe that Ethereum has more potential than Bitcoin.  To date, Bitcoin is more attracting attention for its volatility, because everyone wants to get a very good and fast profit.  But Ethereum is beneficial for long-term prospects, since despite the fact that the coin is developing at a very slow pace, Ethereum has very great potential and the results will be 100%, since this coin has much more advantages than other cryptocurrencies.  I would not mind using Ethereum as a means of payment, because the speed of transactions and the price of transactions are quite suitable for this.  I am sure if society will be actively interested in ethereum, then its price will stabilize due to its relevance.

Bitcoin transaction was not like this too when it was still a baby like Ethereum, the transaction became slow as we had much increase in its usage, and believe me that Ethereum will have the same challenge too when they get to that stage of bitcoin later in future, so don’t jubilate yet as if Ethereum is going to remain this way.

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one. I like Ethereum and I know how good their project is too, and how effective it is also, which I don’t doubt that they will make a very great investment for future, but bitcoin would always be ahead of them all, and no matter how good Ethereum is , people will still prefer to live more with bitcoin than Ethereum.

[BitHodler]

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one.

It's called progress, progress that should have been accompanied by a scaling roadmap. Currently the transactions are fairly low because there is not much hype in the market, but that will change eventually.

I do however have to say that Ethereum suffers from the same problem where from time to time transaction fees shoot up.... it isn't all that long ago when there were more than 170k unconfirmed transactions in the mempools.

At the end of the day, you can always have fast transactions if you're willing to pay up for it. If you're not willing to pay up for it you have to accept that you have to wait for a couple of hours in some cases.

[el kaka22]

Yeah but ethereum is actually working on how to make it faster whereas bitcoin is not. People moved to segwit slowly but they did, right now there are some places where you can once again get faster (still not as fast as it used to be) and cheaper (still not as cheap as it used to be ) bitcoin transactions yet when you look at ethereum it is already at the same level of bitcoins technology and even a bit better plus they are working on ethereum 2.0 which means they will get even faster and cheaper yet they do not have that kind of transaction logs compared to bitcoin.

It means even if they reach to bitcoins level one day the technology they are working with will make it much faster and cheaper anyway which is why I really love ethereum and its improvements.

[Triffin]

I believe that Ethereum has more potential than Bitcoin.  To date, Bitcoin is more attracting attention for its volatility, because everyone wants to get a very good and fast profit.  But Ethereum is beneficial for long-term prospects, since despite the fact that the coin is developing at a very slow pace, Ethereum has very great potential and the results will be 100%, since this coin has much more advantages than other cryptocurrencies.  I would not mind using Ethereum as a means of payment, because the speed of transactions and the price of transactions are quite suitable for this.  I am sure if society will be actively interested in ethereum, then its price will stabilize due to its relevance.

Bitcoin transaction was not like this too when it was still a baby like Ethereum, the transaction became slow as we had much increase in its usage, and believe me that Ethereum will have the same challenge too when they get to that stage of bitcoin later in future, so don’t jubilate yet as if Ethereum is going to remain this way.

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one. I like Ethereum and I know how good their project is too, and how effective it is also, which I don’t doubt that they will make a very great investment for future, but bitcoin would always be ahead of them all, and no matter how good Ethereum is , people will still prefer to live more with bitcoin than Ethereum.

Bitcoin is the pioneer of this crypto industry and Ethereum has always followed the pump and dump graph of bitcoin. It is strongly influenced by bitcoin. So the point is Ethereum will always lag behind bitcoin as a follower because of its dependency on latter. But yeah, it is not that bad among altcoins. It could be named as the leader of altcoins. I prefer going with it and some trending altcoins for day trading only.

[Distinctin]

I believe that Ethereum has more potential than Bitcoin.  To date, Bitcoin is more attracting attention for its volatility, because everyone wants to get a very good and fast profit.  But Ethereum is beneficial for long-term prospects, since despite the fact that the coin is developing at a very slow pace, Ethereum has very great potential and the results will be 100%, since this coin has much more advantages than other cryptocurrencies.  I would not mind using Ethereum as a means of payment, because the speed of transactions and the price of transactions are quite suitable for this.  I am sure if society will be actively interested in ethereum, then its price will stabilize due to its relevance.

Bitcoin transaction was not like this too when it was still a baby like Ethereum, the transaction became slow as we had much increase in its usage, and believe me that Ethereum will have the same challenge too when they get to that stage of bitcoin later in future, so don’t jubilate yet as if Ethereum is going to remain this way.

If people were to share the burden, and keep bitcoin less in traffic, you will see that bitcoin transaction too would be a very fast one. I like Ethereum and I know how good their project is too, and how effective it is also, which I don’t doubt that they will make a very great investment for future, but bitcoin would always be ahead of them all, and no matter how good Ethereum is , people will still prefer to live more with bitcoin than Ethereum.

Bitcoin is the pioneer of this crypto industry and Ethereum has always followed the pump and dump graph of bitcoin. It is strongly influenced by bitcoin. So the point is Ethereum will always lag behind bitcoin as a follower because of its dependency on latter. But yeah, it is not that bad among altcoins. It could be named as the leader of altcoins. I prefer going with it and some trending altcoins for day trading only.

Ethereum has a sustainable market which it never been seen to the most altcoins around. I believe not just because ETH exists first after Bitcoin is the reason why it gains market popularity and has this great price but because it has a certain important role in crypto. Having this, it makes people appreciate it and I keep trusting ETH more than enough for the other altcoins.

[adroitful_one]

According to coingecko btc is 52.77% lower than ATH and  ETH is 82.327% lower than ATH.so till now eth lower than btc pair. Maybe one day eth can break out btc price.But It's really hard for eth.   

I'm pretty sure that if people weren't hoarding Ethereum for their POS upgrade, the price would probably hover below the $100 mark today....

If true this is a sign of concern not only for ethereum but for the rest of altcoins, if the second most powerful coin in the market of cryptocurrencies doesn't really have a healthy demand then what can we expect of the rest of the altcoins? This is especially important for all of those that are supporting projects other than bitcoin, after all even if I believe that bitcoin is going to be the coin that will be adopted worldwide we still need the altcoin market to be strong and yet it is incredibly weak right now.

There is demand. People are stocking it up for the 2.0 update that will add staking. I'm fairly certain the low price is mainly just do the nature of the business, volatility. You'll be happy with your investment today if they release the 2.0 update during the next bull run. Even without the update, we should be seeing new all time highs. The 2.0 update will just be icing on the cake.

[pundit]

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

[Faxmate]

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Let us just talk about the main reason or purpose of investors spending their money in digital currencies. Do you really think it is the speed of transactions or compatibility or support. Correct me if I am wrong, it is ‘the profits’ that someone can really make from digital assets. Ethereum is far far behind bitcoin in this regard. For the remaining points, I would suggest doing some research and see how bitcoin fulfills those requirements.

[Baofeng]

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Lol, it looks like you haven't follow the Bitcoin and Ethereum price. There's no way that Ethereum can compete with bitcoin as far as the price goes, regardless if bitcoin is too slow and fees are high. Around the first six month of 2017, there was a lot of noise that Ethereum will take over, hence the so called "Flippening". Many Ethereum investors are so hype and thinks that they can just overtake Bitcoin that time. But it didn't happen, so I'm not seeing it happening as well with ETH 2.0 release.

[cryptothreads]

Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.

Bitcoin technology may be old but in the crypto market this coin is always the number one choice because of the fact that everyone sees Bitcoin as the best asset to hold. I think comparing technology is a really stupid idea because all coins use blockchain. In fact, if you want to compare with Ethereum, you should choose good coins such as BNB, BCH, EOS because these are the coins that are competing for 2nd place in the near future.

I personally choose Bitcoin not for technology but the potential for Bitcoin is huge and when it comes to the crypto market, people only refer to Bitcoin.