Is ETH where BTC was in early 2017?

[voyager23]

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

[1713399971]

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[1713399971]

1713399971

[RussianEnglishTranslation]

Most development is happening on Ethereum and that's unlikely to change soon.

[makishart]

Why it would be foolish to think about the graph between bitcoin and ethereum were correlating from one to the each other?
The hardcap supply of ethereum is not yet determined and you can imagine how much it will worth when it reached the total supply.
That's why the next consensus will become a big bet for the ethereum holders. I do believe 2k looks possible for each ethereum dude.

[passwordnow]

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018.

[voyager23]

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018.

Yes exacrly, can you imagine the forums in 2015, people saying no way am I buying at £1000! It's never going to rise (BTC).

I have been researching psychology of investing, and obvs WARREN BUFFET comes UP strong, and his simple idea of BET AND FORGET as the best strategy (providing you are not tempted to trade daily or monthly).

I think this will be 2 strategies I will use. I might HODL some ETHS and also try trading with some.

But you can imagine the forums in 2015, people having the same discussion we are having now.

[PerfectCircle]

Most development is happening on Ethereum and that's unlikely to change soon.

Do not compare Ethereum to BTC, its plain stupidity to use BTC past market movement for Ethereum, I find this to be so misleading, remember Ethereum is able to come this far today because of bitcoin, the only good reason why it's good to hold Ethereum is it's a capable cryptocurrency, invest because of this and also don't forget that buying low is way better

[voyager23]

Most development is happening on Ethereum and that's unlikely to change soon.

Do not compare Ethereum to BTC, its plain stupidity to use BTC past market movement for Ethereum, I find this to be so misleading, remember Ethereum is able to come this far today because of bitcoin, the only good reason why it's good to hold Ethereum is it's a capable cryptocurrency, invest because of this and also don't forget that buying low is way better

Define "buying low" though???

[rijaljun]

I think they don't act the same way as you can see from 2017 when the Bitcoin is falling the Ethereum and other coins were going up well it's not typically the altcoins copying the Bitcoin but I think there's really an influence between the Bitcoin and the rest of the altcoins.

[passwordnow]

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018.

Yes exacrly, can you imagine the forums in 2015, people saying no way am I buying at £1000! It's never going to rise (BTC).

I have been researching psychology of investing, and obvs WARREN BUFFET comes UP strong, and his simple idea of BET AND FORGET as the best strategy (providing you are not tempted to trade daily or monthly).

I think this will be 2 strategies I will use. I might HODL some ETHS and also try trading with some.

But you can imagine the forums in 2015, people having the same discussion we are having now.

I can imagine that because every time that there's a surge in the prices, people will say that it's always expensive as f. I have never heard of that strategy of Warren Buffett but I'm applying that principle before and every amount of money that I invest it should be forgotten and it's an amount that I can afford to lose. That was effective although I still have regrets when I've sold earlier yet those times I already got some profits on it. And you know what? in the next years, when bitcoin is $100k, they'll say it's expensive which is really and the same for Ethereum if it hits $5k-$10k. It's a cycle for every price met of these two coins, it won't be stopped being called expensive unless they ride the boat and bought now and wait for those times and prices to come.

[jacafbiz]

There is argument to be made about this, that Ethereum is where BTC was in 2017 but the issue is that all these Dapps is making it difficult to onboard new users to Ethereum, if Billionaires can raise this issue that the gas price on Ethereum is very high, if Ethereum can sort itself out and come out with good scaling solution then Ethereum $10k here we come.

[kenelmark]

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

For tokens like ETH are very good tokens to have at any time, so there is no need to invite other people to think about this because they themselves can also see in the market that ETH is indeed a very strong token in all aspects and there is no need to hesitate to buy it. , and myself also often buy ETH for my trading land daily.

[RokokGudangGaram]

They have similarities but still Ethereum is too early to be compared to bitcoin base on my view because Ethereum price is very dependent to bitcoin price, if in case the bitcoin dominance will go down pretty bad then this maybe the time that Ethereum will do it's best in order to take the same path to what bitcoin has walk through.

If crypto will continue to become popular as the days will pass by then Ethereum has a chance to walk the same path to bitcoin but this will only happen if the team behind the Ethereum will continue to upgrade it's platform until it will satisfy it's users, investors and holders.

[Ultegra134]

Why it would be foolish to think about the graph between bitcoin and ethereum were correlating from one to the each other?
The hardcap supply of ethereum is not yet determined and you can imagine how much it will worth when it reached the total supply.
That's why the next consensus will become a big bet for the ethereum holders. I do believe 2k looks possible for each ethereum dude.

All Cryptocurrencies have a degree of correlation between them. I relatively present since the early days of 2017, it was priced at approximately $10-20 at that time. I think that it's going to remain second in market cap and stay as the king of altcoins. Likewise, I think that even now, that the price is at around $1.400, is a worthy investment. Sometimes, when trading, I regret buying fractions of BTC, instead of Ethereum.

[MickGheethespayse]

Yea it is. I just thought that this morning.  Considering that it started 2017 at 2013 prices, I think that we all know what is coming

[bttmember]

It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?

ETH is being hyped as the disrupter of the internet as BTC was of the finance world.

Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!

So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?

It would be foolish to just try to correlate the graph against BTC and think it will act the same?

Thought please?

Yes, I have seen a lot of posts with such comparisons and there are many people who believe that eth will reach 10k, 15k and even 20k this bull season. I do not know if eth will hit such high prices but definitely im bullish and eth should try to hit 3k as soon as possible to generate even more bullish momentum.

[7788bitcoin]

There is argument to be made about this, that Ethereum is where BTC was in 2017 but the issue is that all these Dapps is making it difficult to onboard new users to Ethereum, if Billionaires can raise this issue that the gas price on Ethereum is very high, if Ethereum can sort itself out and come out with good scaling solution then Ethereum $10k here we come.

Do you think that billionaires should intervene so that the ETH developers should understand the real issue, hope you are aware of the update and hopefully the situation will be sorted when it is completely activated. I am not expecting the price to reach $10k anytime soon but what i am thinking is that what happens if the SEC comes out with a lawsuit against them as it is a real possibility in the near future considering the amount of scams that took place using the platform and they raised money just like Ripple during the initial stages for the project.

[tbterryboy]

There are lots of things that has been happening with Ethereum, the devs are working on some developments and I believe that these developments are going to help in boosting the market in the future and it will keep Ethereum at a level where it will be able to compete with so many other coins in the market which is good.

So, we should still be expecting the growth in price, as you know it never stops, it just keeps going up because everyday there will always be new investors and the old investors are investing as well and it keeps growing.

[atjiat]

There are lots of things that has been happening with Ethereum, the devs are working on some developments and I believe that these developments are going to help in boosting the market in the future and it will keep Ethereum at a level where it will be able to compete with so many other coins in the market which is good.

So, we should still be expecting the growth in price, as you know it never stops, it just keeps going up because everyday there will always be new investors and the old investors are investing as well and it keeps growing.

One way or another, Ethereum is still very far behind Bitcoin, especially if we take into account the indicators of 2017. If the fact that Bitcoin has reached its new high of 40,000 and has now bounced back to $ 30,000, then Ethereum should be worth at least $ 2,000.

[Xardasim]

One way or another, Ethereum is still very far behind Bitcoin, especially if we take into account the indicators of 2017. If the fact that Bitcoin has reached its new high of 40,000 and has now bounced back to $ 30,000, then Ethereum should be worth at least $ 2,000.

ETH has already become one of the few top altcoins that has experienced the most increase. Already, the recent increase has affected BTC itself the most, as altcoins only reached the new ATH in value with USD. Maybe it will be like 2017 and we will see better prices in the next days. Hoping to see 1trillion USDT sent to any exchange on whale alert. lol