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Author Topic: Why does $ETH lead the bull markets?  (Read 332 times)
AssociatesBumble579
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February 03, 2021, 11:53:14 AM
 #21

Ethereum is leading the bull market as well in this present situation as previous because the ETH hit $1500. On the other hand BTC is now on going with $40k + and it is historical pump until it's origin. I have seen in many more forum discussion to say "Crypto industry going to die" They had said this type speech when the market was in dangerous moments in 2017-2018 financial session. But now the environment has been converted with instead this concept. So, It will be must br the topic that the ETH is leading  bull market.

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February 03, 2021, 12:03:45 PM
 #22

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future
You are wrong to compare Bitcoin and Ethereum and their leading role in bull market. Did you look back charts in 2019 to see how bitcoin rallied and led the market till today. The today bull market has led by bitcoin, not Ethereum. Ethereum is following bitcoin as many altcoins.

The crypto market will not be bullish if bitcoin is not in its bullish time.

Quote
while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Your title is written about Ethereum so why in this post, $BET was mentioned? If you want to shill $BET, please stop.

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February 03, 2021, 12:10:15 PM
 #23

Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds

I don't quite agree with you. 

Bitcoin is an asset that will retain its value in the future.  Bitcoin is the future global reserve currency and the world's main strategic asset. 

Ethereum is an innovative asset.  The Ethereum ecosystem allows testing new technologies in the field of decentralized finance.  This is a very important role for the Ethereum cryptocurrency.  Bitcoin is too conservative an asset to experiment with.  Ethereum is an experiment to create a decentralized world computer. 

In my opinion, it is advisable to invest in bitcoin in the long term.  In the short to medium term, investing in Ethereum is a very smart choice.

 
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February 03, 2021, 12:15:53 PM
 #24

All thanks go to bitcoin if not Ethereum won't be trading at 1500$ now, who else would drive the bull market if not bitcoin? Today Bitcoin hits 36,800$, it shows that Bitcoin isn't done with bull season yet and it can even drive Ethereum price up to 2000$, so yes that's my answer, bitcoin still leads the bull market not Ethereum

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February 03, 2021, 12:49:03 PM
 #25

Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds

There were many promising projects in the cryptocurrency market, but there are always two left - Ethereum and Bitcoin. All other projects are temporary and their price depends on the price of Bitcoin and Ethereum. But I think that this year Dfinity can change the market and there will be 3 projects that control the market (not counting Tether, of course).

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February 03, 2021, 03:35:12 PM
 #26

Bullish eth occurs because you want to follow the bitcoin market, which happened a few weeks at the end of the year and at the beginning of the year now bitcoin is down and Eth is rising in a bullish market, this is a good start for Eth in the future with bullish ETH then all altcoins will follow the market, like doge xrp and other top coins

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February 03, 2021, 04:07:55 PM
 #27

Bullish eth occurs because you want to follow the bitcoin market, which happened a few weeks at the end of the year and at the beginning of the year now bitcoin is down and Eth is rising in a bullish market, this is a good start for Eth in the future with bullish ETH then all altcoins will follow the market, like doge xrp and other top coins
I think this is an important influence of the bitcoin market. but the moment of renewal that ethereum had planned for a very long time was also right. had been delayed a few times and it turned out that there was no better moment to get a powerful pump.
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February 04, 2021, 01:52:30 AM
 #28

Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds

It's because ETH is the leader as far as altcoin market goes, so everything it does have a trickle effect to the rest of the altcoins. Currently though, there are good news as MicroStrategy is also investing on ETH right now that's they it has surpasses and established a new all time high.

While the rest of altcoin is still way below their all time high, ETH has breaking it and will continue to push to even $2000 this week.

There are a lot of competitions out there, but ETH has established itself so competitions are left behind.

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February 04, 2021, 02:41:52 AM
 #29

because Defi made big changes to the current ethereum price of course this creates a lot of surprises that benefit many investors in the near future Defi has raised ethreum prices much higher than before in the near future that's surprising and investors have entered with this huge investment amount is very strong and accelerating ethereum prices now take a very short time Defi looks strong making it much more useful for finances.
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February 04, 2021, 03:07:20 AM
 #30

Ethereum is predicted big, and what it has reached is just a mile away from the previous ath. Maybe if the predicted value is reached, then your questions will get the answer. Right now the bull market is led by the bitcoin. Whenever the market is bullish there'll be impact over the altcoins. Ethereum being the one with the largest marketcap after bitcoin, it is now moving with good pace.

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February 04, 2021, 03:14:50 AM
 #31

Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Why you need to compare or depend bitcoin into other coin? Yet they have differences where bitcoin is much oks than others im not saying there not going to be pump but somehow those coins has their own potential to be in bullrun too because of the demand of each coins and etheruem is the second leading among of those coins then people will choose what they want to invest with their money and they see a lots in potential of ethereum even me i will choose eth over those coins because i see that people will pump it up.
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February 04, 2021, 03:30:52 AM
 #32

Although we are happy that the price of ETH is surging, so are the gas fees. Honestly, this is the biggest downside and weakness of Ethereum right now and it's not good for small traders right now. Like last night, I wanna claim token rewards, but I need to pay a gas fee of $27. A couple of my colleagues also shared that when they wanna swap something on Uniswap, the fee was even more ridiculous at $72. Lately, one of my friends posted a status on her Facebook that the initial gas fee was $112. She tried to make it lower, but the transaction failed.

AnySwap could be a great alternative if we want very cheap gas fees, but Uniswap's popularity continues on and comes with a terrible price of uncontrollable surge of fees (both factory and transaction).
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February 04, 2021, 04:38:26 AM
 #33

One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize  and invest once again the ethereum.

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February 04, 2021, 04:47:25 AM
 #34

I am seeing 10kETH and even 20kETH campaigns being run on social media especially twitter so this means that whales and other big players are in favor of ETH and we can expect raging bulls taking ETH to big gains in coming weeks.
I can't find that dude, can you drop the link to that campaign? it sounds like that's a scam campaign. I remember there are bunch of scammers creating the same thing like you have mentioned above.

I wanna try to make sure whether that is the thing that creates the bull run for ethereum or not.
Thank you so much.

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February 04, 2021, 04:58:59 AM
 #35

One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize  and invest once again the ethereum.
market confidence in crypto is currently on the rise. The bull moment that occurred in Ethereum was also influenced by the market which was in good condition. I think the market has maintained its position quite well and for a long time. people who came to the crypto market in 2018 until now will probably understand how the struggle to be patient and continue to believe in the crypto market. when a lot of bad news says crypto is a bad investment and a scam.

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February 04, 2021, 05:28:30 AM
 #36

I dont think so and i dont see it happening anytime soon because if you compare what’s happening now to what happened in 2017 then you would see that btc price is 19% higher that 2017 while ethereum is just breaking about 5% increase from 2018 and bitcoin Is never a thing of the past
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February 04, 2021, 08:37:20 PM
 #37

The crypto space is constantly determined by one all-powerful currency which is bitcoin and that's it. ETH can't overcome the Bitcoin market on account of its large developing supply and well demand keep pretty much stable because of lesser investment openings.

Btc has consistently been upward for each crypto currency. Regardless of whether this is a direct result of its consistently developing fame or expansion in the price the outcome is remarkable and in the courtesy of bitcoin as it were.

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February 04, 2021, 08:44:25 PM
 #38

One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize  and invest once again the ethereum.
market confidence in crypto is currently on the rise. The bull moment that occurred in Ethereum was also influenced by the market which was in good condition. I think the market has maintained its position quite well and for a long time. people who came to the crypto market in 2018 until now will probably understand how the struggle to be patient and continue to believe in the crypto market. when a lot of bad news says crypto is a bad investment and a scam.

many people have strong belief that once this eth 2.0 is fully deployed, eth network will improve immensely and so its value in the market. right now, we havent experienced the improvement of the network and yet we are seeing the bullish run of eth in the market.
that means, a lot of people believe that eth team can deliver what they are promising to the community. so brace yourselves once phase 1 of eth 2.0 was fully up and working...

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February 04, 2021, 08:50:06 PM
 #39

Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds

of course, the leader will always lead mate
first bitcoin known as the leader in crypto world, then ethereum i think everybody knew if ethereum is the leader of altcoins, thats why ethereum lead the bull in altcoins market

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February 04, 2021, 09:28:01 PM
 #40

Lately I have been having alot of thoughts about the market.

Why does $ETH lead the bull markets?

Probably because $BTC is a bet in the past

$ETH is a bet on the future

while $BET although still undervalued is a bet on a self-evolving programmable money growing it's Mcap in leaps and bounds
Now the big institutions and fund managers are turning their focus towards Ethereum which will create massive eth demand in the market so expect the price or value to grow big too, I think Ethereum will start making bigger moves in coming weeks.

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