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amonymous
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March 22, 2020, 03:23:37 PM |
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In my opinion it's depends always btc because when btc price grow then eth price grow after when btc price down then every currency goes to down.
Honestly we can't expect green market without btc although don't forget back to year 2017 last. One this moment 2017 more investors and holders was receiving good profits.
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sulendra12
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March 22, 2020, 06:01:24 PM |
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Yeah we hope so, ETH is currently having bad time due to corona virus pandemic. But yeah after this, it will be better I think especially the hype from Bitcoin halving in upcoming weeks, it's not instantly will make the price recover back but at least it will be much better than this. Honestly we can't expect green market without btc although don't forget back to year 2017 last. One this moment 2017 more investors and holders was receiving good profits.
On 2017, it was just the hype and people get baited with this hype which ended up to crash. |
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hahay
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March 22, 2020, 09:10:30 PM |
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It will not boom quickly when the situation is even chaotic, the increase that occurred yesterday was only a small temporary recovery that is not necessarily to continue to go up all day because when the situation is still chaotic, prices are still very likely to be corrected and then weakened for the next few days. But however we only need to be patient and still maintain confidence to keep holding or maybe buy more, because when the situation returns to normal it is very likely that a more significant increase will occur quickly.
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prof7bit
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March 22, 2020, 09:55:06 PM |
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It will not boom quickly when the situation is even chaotic, the increase that occurred yesterday was only a small temporary recovery that is not necessarily to continue to go up all day because when the situation is still chaotic, prices are still very likely to be corrected and then weakened for the next few days. But however we only need to be patient and still maintain confidence to keep holding or maybe buy more, because when the situation returns to normal it is very likely that a more significant increase will occur quickly.
You're right today, we again saw how Bitcoin fell in price below the level of 5800 dollars. I think that perhaps the price will fall in the region of 4000 dollars in a month. So far, you need to find money somewhere to invest in Bitcoin. |
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cytpoway121
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March 22, 2020, 10:02:28 PM |
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Guys, I am telling this to you after going through some hard day's ETH sees massive upswing now. It broke the key hurdle of $130 level and gave a solid start and the bulls have gained some momentum in the market because ETH is closely tracking Bitcoins price action at the moment. I guess it depends upon the pump of BTC if it pumps I am sure alts will follow the same.
I think i will agree with you on this one, because the stages are in place for etherum to do well. What we need to balance out is when to get in on purchase, and also the exit on profits. Etherum 2.0 will be the limelight to set etherum on its boom bull run, and i am waiting for that day. |
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dainoran
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March 22, 2020, 10:49:07 PM |
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In my opinion it's common when bitcoin prices surge, so ETH also follows the increase and vice versa. so we hope that the price of bitcoin will pump again.
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Flickkk
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March 22, 2020, 10:58:59 PM |
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I guess it depends upon the pump of BTC if it pumps I am sure alts will follow the same.
Ethereum is not a forgotten coin so thats why it will proportionally pump with the ratio of the btc. Thats why it is so stable . And still. Sticking im sticking on it. We are just waiting for the Eth to pump again. |
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wozzek23
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March 23, 2020, 03:15:01 PM |
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I understand that everyone is expecting something from ethereum and that is totally realistic however have you checked what ethereum has done in the past 1 month alone?
I know that there was a market movement so ethereum didn't moved too much out of the market but it was seriously crazy honestly. Just this month we have seen both 274 dollars as the peak and we have also seen 105 dollars or so, that means ethereum is seriously risky and nothing really moved as much as that.
Bitcoin for example didn't moved like that, even right now ethereum is lower than what bitcoin dropped so ethereum is affected more. Long story short, ethereum could go up and it is destined to because if it doesn't it looks like it is not liked at all and drops more than others.
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X-ray
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March 23, 2020, 04:04:26 PM |
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It all depends on the price of Bitcoin. I still remember 2017 when Bitcoin rallied to $19k ETH rallied to $1k. I do not expect Bitcoin to do the same this year but it will pump just before halving and the same will happen to ETH.
Historically it is always the year after halving when Bitcoin has created a new all time high. I expect the same to happen next year.
That's too difficult to happen right now and you must think about the possibility for the corona virus to make the whole of countries fallen into the recession. I can expect if bitcoin will not have the same rally as what has already done by bitcoin before. We are facing a very difficult time, difficult situation and condition where so many countries have already stopped their financial activity. |
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CryptoBik
Jr. Member
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Activity: 311
Merit: 1
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March 23, 2020, 05:33:01 PM |
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It all depends on the price of Bitcoin. I still remember 2017 when Bitcoin rallied to $19k ETH rallied to $1k. I do not expect Bitcoin to do the same this year but it will pump just before halving and the same will happen to ETH.
Historically it is always the year after halving when Bitcoin has created a new all time high. I expect the same to happen next year.
I would also like to believe in it. But I am sure that sooner or later Bitcoin will update its peak value. And I would also like the dominance of Bitcoin to decrease and the movement of altcoins not depend on the movement of Bitcoin. |
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pandanaran
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March 23, 2020, 06:44:21 PM |
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according to my observation, that the price of ETH and several other altcoins follows the bitcoin price movements. although not completely but Bitcoin is still a benchmark for the increase in the price of ETH and several other cryptoqurrency. You can see that the current price of ETH starts to rise following the price of bitcoin, maybe in the middle of the year if BTC can touch $ 8k - $ 9k then it is very likely that ETH and other top altcoins can increase significantly again.
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TheGreatPython
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March 23, 2020, 09:25:17 PM |
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Bitcoin price and ethereum price (or any altcoin price) has this very clear connection between them. Lets say that one xcoin worth exactly 0.1 bitcoins right? In that case when bitcoin is 5000 dollars the price of xcoin will be 500 dollars, when it is 6000 dollars it will be 600 dollars so basically as long as the price between xcoin and bitcoin is still 0.1 and doesn't change, the price of xcoin will only change when bitcoin price changes. Ethereum/ bitcoin pair usually stays the same during this big times, which means when bitcoin drops the price of ethereum drops as well, when price goes back up the price of ethereum goes back up as well.
The only exception happens when ethereum to bitcoin prices change because in times like this people buy bitcoin with ethereum, they later sell that bitcoin too but bitcoin increased when you bought it with ethereum and dropped back to what it was, so no change yet ethereum only got sold so it changes.
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Japinat
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March 24, 2020, 02:38:47 AM |
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according to my observation, that the price of ETH and several other altcoins follows the bitcoin price movements. although not completely but Bitcoin is still a benchmark for the increase in the price of ETH and several other cryptoqurrency. You can see that the current price of ETH starts to rise following the price of bitcoin, maybe in the middle of the year if BTC can touch $ 8k - $ 9k then it is very likely that ETH and other top altcoins can increase significantly again.
Again, we are overreacting, in the last few days bitcoin was struggling to stay at $6000, now it has pump and we think bitcoin will rise together with ETH? Please, let us observe this closely, the price is not stable yet, it could be some kind of whales manipulation, so let's not celebrate too early now. I would only react if bitcoin will surpass its high this year so far, for now, I have to hold my excitement. |
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Dart18
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March 24, 2020, 03:47:57 AM |
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It's too cheap. Investors might get hungry anytime since there is an upcoming change.
That staking process will need a lot of Ethereum in their wallets to feel the profit.
It came down so hard and there is no way to go but just upward.
After all this quarantine in our country I will be buying Ethereum again. I hope I am just not late yet.
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DonFacundo
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March 24, 2020, 04:46:53 AM |
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Eth is crossing $130 now but I don't see the sign of pump of Eth price because the world is facing pandemic and it can dump anytime and yes it depends to the bitcoin movement and the altcoins will follow.
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Ziskinberg
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March 24, 2020, 04:54:34 AM |
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It's too cheap. Investors might get hungry anytime since there is an upcoming change.
That staking process will need a lot of Ethereum in their wallets to feel the profit.
It came down so hard and there is no way to go but just upward.
After all this quarantine in our country I will be buying Ethereum again. I hope I am just not late yet.
Why not buy right now? when quarantine is over, probably people will start buying again as they are expecting the market will recover. This is the right time to buy, buy them at dip. |
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U_Trune
Newbie
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March 24, 2020, 05:06:22 AM |
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Now ETH price $133 up last 24 hours 6% up Eth price. I see Eth price charts hope some days after Eth price touch $150 up.
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Divinespark
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March 24, 2020, 06:33:28 AM |
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I don't see any chance for ETH to explode in the near future, ETH has stabilized in the last few days because Bitcoin is showing signs of going up. But I'm pretty sure bitcoin will continue to crash in the near future as the halving is approaching. And I am ready to buy ETH at $ 80 again
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skeleto88
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March 24, 2020, 06:45:50 AM |
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ETH getting pump up because of BTC gaining some raise, I don't see any possible reason eth would get as much as high of what you think as long as it price spike depends on btc pumps. Even with its near approaching halving it would not make any difference as bitcoin still dominates the chart unless ETH make its own run and that thing would happen.
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Ziskinberg
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March 24, 2020, 07:49:23 AM |
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ETH getting pump up because of BTC gaining some raise, I don't see any possible reason eth would get as much as high of what you think as long as it price spike depends on btc pumps. Even with its near approaching halving it would not make any difference as bitcoin still dominates the chart unless ETH make its own run and that thing would happen.
Hopefully ETH will make its own run, that's what altcoins investors would want as the biggest altcoins leading the market would mean a rise for some altcoin also, in fact a lot of people are not happy with the current price of altcoins now as their investment on altcoins tokens are also affected, I am not sure if that time will come but I hope it will happen, that would lead to decrease of bitcoin's dominance rate. |
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