awakpane
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November 20, 2020, 11:10:49 AM |
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In my opinion, the issues are scalability and expensive gas fees as these were the main weaknesses of Ethereum during the peak price periods that occurred in 2017 and 2018 because at that time the network was only able to handle 20 to 25 transactions per second.
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BayAngelo
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November 20, 2020, 11:43:52 AM |
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it is very simple, back in 2017, Ethereum remains the only popular smart contract available. even Tron was no where to be found. EOS was complicated and stressful. NEO which was term the ethereum of china failed to live up to expectation. that was why ethereum price was so high. Now we have many competitors, Serum, POLKADOT, AVALANCHE, ELROND and so many other. i doubt if ethereum will hit 1000 this year.
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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November 20, 2020, 11:47:55 AM |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
When bitcoin spikes to 18,000 in 2017 ethereum remains bellow 1k so what are you claiming about that ethereum must be following Bitcoin now? and when Bitcoin Hype that year ETH pumped high next year and that is in 2018 so please wait until it happens. Maybe we have at least January to March in 2021 is the expected Hyping of ETH,Without Mentioning the 2.0 version effect next month i 1st day of December. Just keep the holding mate we are near to success as i also have ethereum in my wallet until now.
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Arkann
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November 20, 2020, 11:50:02 AM |
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It's actually really hard to see Ethereum lag very far behind bitcoin given the 2017 weather. There is a large assumption that the problems are primarily due to scalability, where network congestion was caused by the hype among DeFi projects, which was a fundamental factor for Ethereum pricing, because of this, the transaction cost reached $ 10. I believe this is starting to change as, in certain circles, users have already started discussing platforms other than Ethereum.
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Natalim
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November 20, 2020, 11:51:34 AM |
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Just be patient, we are only in the beginning stage of the bull run, don't expect that altcoins will also rise and follow the trend of bitcoin's movement. Remember that bitcoin is dominating the market hard, that means most money are invested on bitcoin but as the bull run continues and if bitcoin will break a new ATH, then I believe slowly ETH will have its run as well, and actually not only ETH but some solid altcoins as well.
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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November 20, 2020, 12:16:49 PM |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
There is a wide difference between Bitcoin and Ethereum, Bitcoin is the first and most trusted coin while Ethereum is the first altcoin and trusted as well, also when someone want to get started with crypto investing, the first coin he is likely to start with is Bitcoin. In addition, when you check most of the interest and/or attention the crypto space is getting, most of them are towards Bitcoin such as that of PayPal. Moreover, going down memory lane, as of 2017 there were just few blockchains wherein almost all new projects were leveraging the Ethereum blockchain but now, we have many other blockchains thus upcoming projects are now spread over many blockchains unlike during 2017 when it was majorly Ethereum. Nevertheless, Ethereum price will grow more with the upcoming upgrade but I can hardly say if it will pass $1k or not.
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ZZ8ZZ
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November 20, 2020, 12:22:02 PM |
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The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet.
Altcoins will never follow BTC like they did back in 2017, you have my word for it. Of course some of them will surely go up together with BTC, but you'll never see shitcoins pumping like crazy cuz of BTC like the bullrun back in 2017. Solid projects will keep growing indeed, but having an "alt season"? Nah, don't think so. For reference you can check the charts of some coins which went up like crazy back in 2017 and as of today they're eating the dust with 0 movement at all.
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masterrex
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November 20, 2020, 12:34:31 PM |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
Mate thing is different now compared to the 2017-2018 Bullish period. Because the growing price of Bitcoin today is due to the institutional players/investors that pouring some capital into the market thats, why we can't, say that this price boom is just a bubble, Its the same as Ether actually Eth has already breached the $500 dollars price level today. I believe in December things might change in all top-ranking cryptocurrencies in the market If Bitcoin price continues to grow top altcoins will also grow next.
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DoublerHunter
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November 20, 2020, 12:37:01 PM |
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The scalability issues are the main problem and the current market conditions are not as same as in 2017. BTC first time has crossed the $17k price and the altcoins have followed this route all the way up to ATH. The alt season will bring the big money to the market and BTC price has not reached the top level yet.
Altcoins will never follow BTC like they did back in 2017, you have my word for it. Of course some of them will surely go up together with BTC, but you'll never see shitcoins pumping like crazy cuz of BTC like the bullrun back in 2017. Solid projects will keep growing indeed, but having an "alt season"? Nah, don't think so. For reference you can check the charts of some coins which went up like crazy back in 2017 and as of today they're eating the dust with 0 movement at all. ^ Definitely right and the fact that ethereum did not have a fixed amount while bitcoin has a fixed cap in the market. There are too many differences between them. It is surely ethereum will never grow up like what bitcoin price did, it totally different if the coin is fully decentralized than the centralized one. Probably, no one will want to hold ethereum as payment but it is useful for those who run projects defi.
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bitbollo
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Nec Recisa Recedit
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November 20, 2020, 12:46:15 PM |
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ethereum it's a completely different cryptocurrency, both have close two different use cases and during the years we have seen a strong spread between. Since it's also inflationary with ETH you can't have a scarcity effect. I think there are too risk in ETH for seeking a profit while holding for long term.
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Anyobsss
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DeFixy.com - The future of Decentralization
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November 20, 2020, 12:56:32 PM |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
Ethereum isn't doing bad tho. If you will look at ethereum's trend it is bullish and today, Ethereum just break through the 500 USD resistance, and it's a good sign. More people will ride the trend and it means demand. We just have to be patient, it might not rise quickly like btc but it is slowly and steadily gaining.
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Kvalentine
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November 20, 2020, 01:27:44 PM |
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Bitcoin charts shows steady growth unlike pump charts that drives straight up lines, bitcoin grows higher and fix corrections along the journey, this show make you understand that altcoins will do the same thing, altcoins won't just surge up instantly, they will slowly move up, Ethereum is a bit over 500$ today
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pilosopotasyo
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November 20, 2020, 01:37:54 PM |
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We are in a different scenario, so many things have happened we have DeFi, we have stable coin decentralized is on the hype, things that are not there on the last all time high, we have to see what happen after we record another all time high, will the price still go up, will it crash, we don't know until it happen.
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BACK FROM A LONG VACATION
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Mahdirakib
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In Search of Incredible
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November 20, 2020, 01:47:25 PM |
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Mate thing is different now compared to the 2017-2018 Bullish period. Because the growing price of Bitcoin today is due to the institutional players/investors that pouring some capital into the market thats, why we can't, say that this price boom is just a bubble, Its the same as Ether actually Eth has already breached the $500 dollars price level today. I believe in December things might change in all top-ranking cryptocurrencies in the market If Bitcoin price continues to grow top altcoins will also grow next.
Now we hearing good news related to bitcoin after every few days. Like large investment from big institution and billionaire, newly adoption at various platform. These helped bitcoin to gain strong position and huge growth. While ethereum don't have any recent good news. Even the eth 2 launch is obscure. Gas fee mostly remaining high. So I think it will take longer time for eth to increase like before. Maybe not this year. And bitcoin will gain more strong position than ethereum within the time.
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kevinzxz
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👉bit.ly/3QXp3oh |🔥Launchpad on TON
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November 20, 2020, 01:55:13 PM |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
In my opinion, what makes the price of Ethereum does not increases very high like in 2017 is : 1. ICO are not popular anymore, because in 2017 many new project (ICO) were using Ethereum platform and this made the price of Ethereum increases very high; 2. There are already many new project whose product are the same as Ethereum (blockchain), so Ethereum has a lot of rivals for now; 3. Cryptocurrency market hasn't had a bull run yet, because only the price of Bitcoin has increased very high for now and altcoin prices are still recovering.
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abahcoin
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November 20, 2020, 01:58:34 PM |
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not always like that, first in 2017 in my opinion ethereum helped increase the price of bitcoin. Because many people invested in the ethereum ICO, ethereum prices went up and at the same time increased bitcoin prices. Now many people are investing in bitcoin and the ethereum ICO project is less profitable so the price of bitcoin rising doesn't really affect Ethereum prices.
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7788bitcoin
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Merit: 1023
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November 20, 2020, 02:13:23 PM |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k If you are surprised by the price disparity then you need to understand the bottom it reached after touching their all time high valuation. With the delay in transactions as well as the delay in rolling the ETH 2.0 upgrade is the reason they are struggling to break the resistance around $500 when the price of bitcoin already touched $18k. Still i was surprised to see that ETH was able to make these big strides in valuation.
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Lore06
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November 20, 2020, 02:25:56 PM |
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If we want to compare eth and bitcoin prices in 2017 with the current eth and bitcoin prices, the current eth price should have reached $ 800, but as we see, eth price is still far from most people's expectation. The reason is, the current situation is much different from the situation in 2017 from various sides, especially the supply of eth which is already very large.
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isaac_clarke22
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November 20, 2020, 02:36:42 PM |
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It's simply because of the difference of the supply that circulates around the market. ETH and BTC are different when we start to talk about scalability. Consider as well that many people are into Bitcoin, but that doesn't put ETH into the corner.
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bocyaj
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November 20, 2020, 02:45:09 PM Last edit: December 18, 2020, 07:54:47 AM by bocyaj |
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
It may be due to many factors.The people may invest more in bitcoin in 2020 and it may equal during 2017.So the price of ethereum is low due to investors for now will be low.Some are waiting to inverse in Ethereum 2.0 then in ETH.Because new coin always inspire the investors.
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