Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: imikocha1994 on September 05, 2018, 10:26:41 AM
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
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Altcoins prices right now are dependent on bitcoin. Everything usually goes down when bitcoin goes down.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Yes I think Bitcoin price will affect the value of ethereum. Because bitcoin is still the King of crypto currency.
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In my opinion, of course it would be a reasonable thing when the price of Bitcoin affects the entire crypto market situation. Bitcoin dominance is more than half, and when there is fluctuation in Bitcoin, the total marketcap will be affected, and that will be a stimulant for the community to make decisions.
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Yes it is ethereum is also depends his value to Bitcoin because it is more ahead to ethereum that's why most of the investors invest a bigger amount to Bitcoin when it hits his lowest value in the market it get the biggest profit after it started to increase.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I think It is true mate. The price of ethereum dependent of bitcoin. Because butcoin is the King of crypto currency.
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Actually they work in terms. It looks like they but goes up in price at the same pace. If Bitcoin will rise eth will also rise
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It's true..... The price of ethereum is dependent on the price of Bitcoin and not just ethereum, its so with all other altcoins too, thats why as bitcoin price fell all other coins price fell. The price of altcoins is directly proportionally to the price of Bitcoin.
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Yes ethereum growth depend on bitcoin , that is why when bitcoin price rise other will also affected too.
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This can be easily checked, if you look at the entire market, then you can see that the whole cryptocurrency always follows Bitcoin
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It is pretty correct, bro. Ethereum price always depends on bitcoin, so when bitcoin goes down the price of ethreum also drops. While if the price o bitcoin is rising, the price of ethereum also tends to increase. It can be seen on coin market cap, how the price of ethereum and bitcoin improve.
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Bitcoin is the best coin that you will see in all exchanges, I think all coin prices will depend on Bitcoin and I still doubt that if a coin like ethereum does not depend on the price of Bitcoin.
although many projects use the ethereum blockchain network, the selling value of ethereum will decrease because many buy at low prices
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In fact, the price of bitcoin influences all crypto currencies. We can see the price of other coins tend to rise if bitcoin price is rising, including ethereum price. Till now, the price of ethereum still follows the price of bitcoin.
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The price of almost all crypto is dependent on how bitcoin is faring in the cryptocurrency market. I do not know why it happens that way but in one way or the other, that is how it works.
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The price of almost all crypto is dependent on how bitcoin is faring in the cryptocurrency market. I do not know why it happens that way but in one way or the other, that is how it works.
I think why all Coin always follows Bitcoin prices because Bitcoin is a source of income for all Coins in circulation, so if Bitcoin goes down everything will go down because all are chasing Bitcoin prices, so it can be said that Bitcoin is the king of all Altcoin.
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Altcoins prices right now are dependent on bitcoin. Everything usually goes down when bitcoin goes down.
If we were to scrutinize their price charts, everything that you've just said was true. One factor that attributed to this fact i think, is that every major exchange offers BTC trading pairs (where you can trade BTC for alts rather than alts for fiat or USDT). Because BTC is the top coin being traded for other alts in terms of market cap, volume, and general popularity, it is thus at the center of the crypto economy.
Nevertheless, the fact remains that Bitcoin and Ethereum [or any altcoins] differ in purpose. Essentially, Bitcoin is a digital currency and Ethereum is a decentralized network of applications. Although in a way, Ethereum developers and companies depend on the Bitcoin network for its stability and security.
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The answer here is yes my friend, ETH and all other altcoins still under the affect of Bitcoin price, just a little movement from Bitcoin side will always take the whole market go together
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see from the movement, indeed this bitcoin has an influence for all coins, with the decline of bitcoin making the others also come down and vice versa and the answer is that bitcoin has a big influence on coins like ethereum too.
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see from the movement, indeed this bitcoin has an influence for all coins, with the decline of bitcoin making the others also come down and vice versa and the answer is that bitcoin has a big influence on coins like ethereum too.
Agree, this is what they called bitcoin dominance, thats why when bitcoin is decreasing on price. All altcoins decreasing in price as well, and all of the altcoins are paired with BTC thats why.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Totally dependent on bitcoin should not be the case, partially maybe. Everyone know that cryptocurrency is started by bitcoin and then altcoin so if bitcoin is taking heavy damage ETH will not be at a safe zone that is for sure.
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I think all coin prices will depend on Bitcoin and I still doubt that if a coin like ethereum doesn't depend on the price of Bitcoin.
although many projects use ethereum blockchain networks, ethereum's selling value will decrease because many buy at low prices
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ethereum and bitcoin have very different types of platforms and have very different technological concepts, bitcoin and ethereum are very different.
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Yeah I think ETH price is also depending on Bitcoin price too. Because Bitcoin still has the most influence in the market and ETH still can’t beat bitcoin in this influence
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it is so true that if you compare both charts you loose the will to invest in ETH... seriously, I am an enthusiast of ETH and admirer of the doors that it opened for all humanity, but in the end bitcoin rules and if btc goes down, the other coins follow... unfortunately we have a BTC dominance around 52% for a long time and it really seems it will stay that way for now...
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Usually this is the case, as soon as bitcoin begins to grow and at the same time ethereum also begins to grow, this happens in about 99% of cases, but ethereum itself also sometimes grows independently of bitcoin, but this is rare.
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Not only Ethereum but also others coin depends on bitcoin. When bitcoin price increasing then you notice that all others coins increase simultaneously.
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My experience in 2016 is that the prices of altcoins and BItcoin are the opposite.
Suppose Bitcoin rises then the altcoins price drops in price and Bitcoin drops in price so altcoins increase in price.
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It is related with the bitcoin and the market situation right now. Maybe later, we will see that Ethereum will move differently from btc, but it won't move apart from market situation, ever.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Yes, true that not only the ethereum but also other coins price depend on the price of bitcoin. Because when we see the coin price graph of the market we see that if the price of BTC down than other coin also down.
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Obviously it is.... Ethereum price is dependent on bitcoin. You can see that from the recent fall in price of ethereum and other altcoins, all these happened because of the dump in bitcoin price.
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Whether it's a coincidence or not, and it often happens, when the price of Bitcoin rises, Ethereum will also rise, and vice versa. And this also doesn't happen only in Ethereum. But this also happens in other Altcoin. This shows that indeed the price of Ethereum depends on the price of Bitcoin
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Yes the price of Ethereum depends upon bitcoin. Bitcoin and Ethereum are completely co-operative in market. If bitcoin price down then Ethereum price also down. When rising both prices are simultaneously rising.
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Yes, and not just etherium but all altcoins will affected once bitcoin price drastically dropped. When bitcoin will recover soon, so there's no doubt all altcoins will rise as well, especially in etherium.
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Ethereum has long been the second locomotive on the cryptocurrency market. Ethereum, a Bitcoin fork, is a platform with which you can create decentralized online services based on blockchain and smart contracts.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Yes Ethereum price depends on bitcoin market. Bitcoin and Ethereum two high ranked coins are co-operative to each other. When bitcoin price is increasing, then Ethereum price is increasing and when bitcoin price is reducing then you notice that Ethereum market simultaneously reducing.
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ETH price definitely depends on the bitcoin price. Some people (traders) says that ethusd trading is not a true auction because it's totally depend on the ETHBTC auction.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Well, Ethereum is the only altcoin that has succeeded to stand alone in some ways, although it stll still have some little attachment to bitcoin, but not like too much.
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In my opinion I think that the price of ETH still depends on Bitcoin because whenever Bitcoin drop, ETH will always follow the drop of Bitcoin too
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If you have been monitoring the market you will agree with me that there is no time that bitcoin goes up ethereum will go with it. So it is true.
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All altcoin still follow market it mean bitcoin. If bitcoin up all is up when bitcoin down all has down to. I don't know why?
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In my opinion not only ETH but also all others coins in the market still depends on Bitcoin price and they will depend like that in the future too
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not only does the increase in ethereum prices increase for me, all altcoins increase depending on the conditions of bitcoin prices, because bitcoin is the number one king in the world and also the most famous.
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Yes price of ethereum depends on bitcoin. Others cryptocurrency prices also depend on the bitcoin market. Bitcoin is the king of the crypto world.
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Yes and people are expecting with the fork, ETH can rise higher but thanks to the drop of Bitcoin, now ETH and all other crypto are dumping again
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All cryptos are dependent on the market situation and not much between each other. If BTC goes up, not all people are able to buy it in amounts they like (coz price is on rise), so they go for other valuable coins and so on.
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of course ethereum prices depend on the price of bitcoin, because bitcoin is the king of all altcoins on the market. so the price of ethereum also depends on the price of bitcoin.
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In my opinion, bitcoin is the parent of coin sharing, so that with price declines, at any time, it is very possible that it will affect other altcoins. That's where there are no altcoins that can compete with the BTC exchange rate until now when viewed from its function to date.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Yes I think Bitcoin price will affect the value of ethereum. Because bitcoin is still the King of crypto currency.
Of course, not only ethereum, I think the whole crypto world depends on bitcoin. When bitcoin's price goes down then usually all altcoins prices go down. So peoples believe bitcoin is a king of crypto currency.
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Yes Ethereum price depends on bitcoin price also. Not only Ethereum but also another cryptocurrencies price also depend on bitcoin market.
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i think price of ethereum is not dependent on bitcoin because the two coins have different investors and platforms that may help to improve to become successful.
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yes ethereum price dependent on bitcoin this not mindset it's s reallity like price of flat money dependent of dollar, the market movement and all flat money affected through the fluctuations of dollar .likewise bitcoin price controls all crypto currency not only ethereum .
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if I think all altcoin prices also depend on the bitcoin price increase position, especially with ethereum prices, if the price of bitcoin shows better value, I think ethereum prices and other altcoin prices will also follow the increase in bitcoin prices.
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The price of all other alternative coins largely depends on the price of Bitcoin. As a simple rule, all of them are paired against BTC, so the Bitcoin value will definitely affect them.
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In accordance with what I feel, if bitcoin goes down then the other altcoins come down too. And vice versa. But not completely. I think that happens sometimes.
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yes ethereum price dependent on bitcoin this not mindset it's s reallity like price of flat money dependent of dollar, the market movement and all flat money affected through the fluctuations of dollar .likewise bitcoin price controls all crypto currency not only ethereum .
It depends on Bitcoin. Probably, not so great as the other altcoins, but BTC price affects this cryptocurrency all the time.
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that is not true, both are independent of the price. none detects the other. if you noticed last week, bitcoin increased in price while ethereum was stable until recently. both prices started moving up.
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Of course, ethereum price depends on bitcoin. All other altcoins also depends on bitcoin, its the reality. If not that, then the price of ethereum and other coins wouldn't have fallen this deep if not that bitcoin price fell. The price of ethereum is directly proportional to the price of Bitcoin.
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it's a part to relate to bitcoin, because the price of bitcoin is influence to all the altcoin in the market, and i think the community is the main,
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It true that the price of Ethereum is dependent on Bitcoin because is the de facto digital currency with a has a large market capitalization. Its price affect all most all cryptocurrency value not only Ethereum. Another reason is because most exchanges offer fiat to BTC purchase hence to trade ETH you have to convert to BTC first.
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i think this time, price of ETH follow to bitcoin, when bitcoin go up, eth go too, and opposite, ETH has grow so much compared with the begining of the year
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Ethereum has its own technology and the platform is also good. I think ethereum doesn't depend on the increase in bitcoin.
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Yes it is, the price of ethereum is dependent on bitcoin. Not just ethereum, all other coins and tokens. We can see that the whole crypto market was down just because bitcoin price fell, all other coins price also fell because non can stand on its own. So yes, ethereum price is very much dependent on bitcoin
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Ethereum has its own technology and the platform is also good. I think ethereum doesn't depend on the increase in bitcoin.
On the contrary, ethereum and all other crypto is depending on bitcoin. It does not yet happen that altscoin are moving independently. There are some cases maybe that they are moving oppositely to bitcoin but generally speaking they are all following the footstep of bitcoin.
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Yes that's why you can sell altcoins fall when bitcoin drops in price etherum depends on bitcoin but sometimes etherum price we grow when Bitcoin drop,
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there are so many coins that depend on bitcoin, and I think one of them is ethereum, because we know for ourselves that bitcoin is a coin that determines many cryptocurrency.
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I invest a lot in coins, and that is one very good idea so we don't worry too much about the coins we have and we can calm down.
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If you actually study the trend in crypto currency, there is actually no doubt that either directly or indirectly the price of all other coins are mostly dependent on the trend of bitcoin.
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If you actually study the trend in crypto currency, there is actually no doubt that either directly or indirectly the price of all other coins are mostly dependent on the trend of bitcoin.
Yes, it is true. It is no doubt that Bitcoin influences Ethereum. When the Bitcoin price is increasing like today, the price of Ethereum follows it. I think it is normal since Bitcoin is like the main coin in crypto space.
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in this time, we can see that the price of ETH base on bitcoin, if you often observe market you can realize when the price of BTC go up the eth too, and oppesite.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Ethereum is one of the few coins on the market with real life usage due to its unique smart contract which allows projects to create their own coins on the Ethereum Blockchain. Before the 2018 long bear market, Ethereum appeared quite independent and could make market price surges without waiting for Bitcoin to rise before.
Currently, Ethereum seems to be largely affected by the price movement of Bitcoin without being able to rise independently if Bitcoin stays or decline in price.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
When the price of Bitcoin approaches $9,000 the price of Ethereum also rises and wants to reach $300.
This is what I see from coinmarketcap and price movements Ethereum always follows Bitcoin even though Eth is a little slow to increase the price
Investors also still think that the price of Bitcoin will continue to rise because the amount of supply decreases,
if we see ethereum there are indeed many projects but price movements always follow bitcoin because in crypto coin exchanges both are always the choice (BTC / ETH)
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yes I think the altcoin price will also depend on the price of bitcoin. because bitcoin is also a good and most important coin, because bitcoin also looks very popular throughout the world
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By the looks of it almost all the altcoins are dependent to the price of bitcoin because bitcoin are mainly used in the exchange to be paired with any altcoins so its pretty much connected by the price of bitcoin
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in this time, we can see that the price of ETH base on bitcoin, if you often observe market you can realize when the price of BTC go up the eth too, and oppesite.
Yes, it depends on Bitcoin also they are different and use different protocols as well. Hope that this year Ethereum will reach more than 500 dollars.
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I also think that the price of ETH depends on the price of BTC. Because when I look at coinmarketcap, I always see that when Bitcoin grows, then ETH also grows.
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there are so many coins that depend on bitcoin, and I think one of them is ethereum, because we know for ourselves that bitcoin is a coin that determines many cryptocurrency.
Although Ethereum uses other technology, it depends on Bitcoin as the other tokens. probably, in several years the situation will change. ETH will become more independent.
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Unfortunately, I think yes. Ethereum price still depends on the Bitcoin price. I see there is a big correlation between the prices of Ethereum and Bitcoin. Currently, when Bitcoin price can rise significantly, then the Ethereum price follows to rise. But when it dropped, ETH price also declined for a while.
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yes I think ethereum is also good and also the price depends on the increase in the price of bitcoin. , because now the growth of fluctuations in bitcoin prices is also good, I think the price of ethereum will also follow the price movements of bitcoin, because bitcoin is also the front coin
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Maybe this is true, because it often happens like that. I often see Ethereum price movements often coincide with Bitcoin prices, When the price of Bitcoin rises will be followed by the increase in the price of Ethereum. Not only Ethereum, but also other Altcoin prices. And this I think is not unusual, because Bitcoin is the parent of the Cryptocurrency currency. And every change in the price of Bitcoin will always be followed by the price of Altcoin, including this Ethereum.
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Bitcoin is the god of the cryptomarket so every bitcoin move is affected all altcoins include the ethereum although this time ethereum price is slowly increasing but the ethereum price is dependent on Bitcoin .
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Bitcoin is the parent of Cryptocurrency, and Bitcoin has a big influence on other coins. Also included Ethereum, Ethereum will go up if the price of Bitcoin rises, and Ethereum will also fall if the price of Bitcoin falls.
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there are so many coins that depend on bitcoin, and I think one of them is ethereum, because we know for ourselves that bitcoin is a coin that determines many cryptocurrency.
Although Ethereum uses other technology, it depends on Bitcoin as the other tokens. probably, in several years the situation will change. ETH will become more independent.
It must happen, sooner or later. Nevertheless, until Bitcoin remains the most trusted cryptocurrency and choice #1 of the investors, it will always affect Ethereum and its price.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Yes mostly people have the mindset that the price of ethereum depends on the price of bitcoin at least i have two reasons about it, first reason bitcoin is the leader of cryptocurrencies so the movement of price of cryptocurrencies always follow the price of bitcoin based on my experience and the second reason ethereum is biggest decentralize application dapps platform and it has made the ethereum to be queen of cryptocurrencies and bitcoin is the king of cryptocurrencies, so the queen always follow the king in the price and in the development.
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there are so many coins that depend on bitcoin, and I think one of them is ethereum, because we know for ourselves that bitcoin is a coin that determines many cryptocurrency.
Although Ethereum uses other technology, it depends on Bitcoin as the other tokens. probably, in several years the situation will change. ETH will become more independent.
It must happen, sooner or later. Nevertheless, until Bitcoin remains the most trusted cryptocurrency and choice #1 of the investors, it will always affect Ethereum and its price.
Another thing to consider is that everyone judges the crypto market based on the price of Bitcoin. If its price goes up, then everyone understands that the crypto market comes to life and the prices of other coins are rising. Moreover, Bitcoin has a dominance above 50% in the crypto market, so it affects most coins, including Ethereum.
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Of course, the price of ethereum directly depends on the price of bitcoin. This is due to the fact that Bitcoin has a very high level of capitalization, which exceeds the capitalization of all cryptocurrencies combined. Only when Bitcoin loses such a high level of capitalization, only then will the cryptocurrency gain relative price freedom.
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The whole cryptomarket is dependent on bitcoin price so bitcoin price is affected all coins price level include the ethereum price but this year ethereum price is affected too deeply compared with old ethereum market currently ethereum price is too low .
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Yes still the whole cryptomarket price is dependent on bitcoin price although this year several times ethereum acted difference we can understand it if look ethereum price now. compared with 2017 ethereum market this is too low price although ethereum following Bitcoin price.
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There are many factors affecting the price of ETH and yes one of them is the price of Bitcoin. I think it has been proven already that when BTC rises, the price of altcoins rises too. So with BTC is on the stable price of 7k to 8k now, one thing that affects the altcoins will be internal news in my opinion.
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Ethereum’s price is mostly predicated on that of Bitcoin, as the leading cryptocurrency determines in which direction the entire market will head. Indeed, if BTC is higher, so do altcoins; the opposite is also true.
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The price of both ethereum and bitcoin varies. But it is often seen that when the value of bitcoin increases, the value of ethereum also increases. And when the value of bitcoin falls, the value of ethereum also falls.
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I don't think it's the same because it was affected by Ethereum also going down with when the price of Bitcoin rose.
This contrasts with those who always say that the two of them walk side by side.
I really like Ethereum because Ethereum is simpler and widely known by people.
So I always monitor Ethereum prices when compared to Bitcoin prices.
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Not only Ethereum but also others cryptocurrency depends on bitcoin market. Because bitcoin dominates over 70 percent of the whole cryptocurrency market cap. When bitcoin market starting to increase, simultaneously others cryptocurrency market also increase. So Ethereum price also depends on bitcoin market.
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Not only Ethereum but also others cryptocurrency depends on bitcoin market. Today you can notice that the coinmarketcap chart, all coins bounce down when bitcoin bounce down. Simultaneously when bitcoin market is starting to rising, then others altcoins starting to increase. You can easily realise bitcoin is the king of cryptocurrency Kingdom.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I think It is not true. Ethereum price depends on demand and supply. But bitcoin price also affect ethereum price. Because Bitcoin is the king of cryptocurrency. Bitcoin price will affect all cryptocurrency, I see bitcoin is still the first of cryprocurrency
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I agree mate. All cryptocurrency will depend on bitcoin price. Because bitcoin is the King of crypto currency. When the bitcoin price goes up, I believe ethereum and other crypto currency also go up. That is my opinion, maybe It is true.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Many people say all cryptocurrency depend on bitcoin. I doubt about that. Because I think cryptocurrency price depend on demand and supply. Bitcoin will affect all cryptocurrency But not depend. It is my opinion. Because I see many coin die, Bitcoin is still exist.
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Not only ethereum all other altcoins price are depend on BTC market if bitcoin maintaining more than $15 k definitely ethereum will pump again if ethereum maintain high price level all ERC20 tokens will pump again .
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I think it's because they love Bitcoin and EThereum but don't know their way of thinking that Ethereum is more of the same decentralization as Bitcoin.
They are wrong to judge because these two coins should be like that, it is purely the result of traders who trade every day.
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it's possible for me. Bitcoin and ethereum is a popular coin in the world. So many people have the coin and hold it. And the people can calm if they buy this coin for holding both of the coins.
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In my opinion, it depends to some extent, because we can look at the coinmarketcap and see that when the price of Bitcoin rises, then the price of Ethereum starts to rise. When the price of Bitcoin falls, then the price of Ethereum falls.
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Etherum price I don't think that it's depending on Bitcoin to rise, if it's true what happen last two year when Bitcoin hits $20000 dollar while Etherum was just behind the corner and just down in value, when Bitcoin is busy increasing, but let's see what's going to happen to Eth soon.
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You are allowed to login at several Deep Web marketplaces with the only help of links, that determines next : new buyers and dealers are not allowed to enroll until they will receive an alternative link from an already enlisted customer.
You can find those at httр://deeponionmarkets.cоm/, it posts active alternative URLs to all of the Deep Web markets. You shall follow these urls in order to register on the sites.
Wherever there are some issues with an access (links don't work), you ought to lie in wait and check for Darknet marketplaces URLs. Keep trying, because some of the marketplaces shut down and open signing up frequently, due to server load.
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I do think that Bitcoin's price affects all of the other altcoins around. If BTC is looking positive, I think the demands on ETH and other altcoins are also positive making their prices go up too.
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I mean, that all crypto currencies are independent of the another currencies. But on practice we can see that if btc goes down - another tockens or cryptos goes down too. I think btc is like as US dollar to another currencies. Its really interesting topic to discuss but the true we will never know. Omg, its like a philosophical topic xD
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
In my crypto life i see only one time that BTC price was gone down and ETH price goes up. Otherwise all alt coin price depends on BTC and there is no doubt because buyers and sellers must pair their tokens with BTC.
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Of course Ethereum is dependent on bitcoin market. Because in cryptocurrency market cap bitcoin and Ethereum two both very much profitable and more effective cryptocurrency in the market. When bitcoin will hit high direction then the Ethereum price will move on same direction. So you can easily realise that Ethereum is fully depend on bitcoin market.
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Bitcoin becomes the main coin so that it can affect market conditions, when the price of bitcoin goes down, ethereum also follows it.
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Unfortunately yes. Ethereum and almost all other cryptocurrencies directly depend on the price of bitcoin. Of course, it is absolutely abnormal that the decentralized cryptocurrency market is strictly dependent on the price of bitcoin. In my opinion, this is not in any other market. I think this is still a manifestation of the immaturity of this market. Some analysts believe that over time, ethereum may go beyond the price influence of bitcoin. I want to see this as soon as possible.
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One coin is the base of others.
One coin is the foundation of all.
Bitcoin price movement affect the entire market volume. That's the way of bitcoin momentum.
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Basically most of the altcoins are dependent on the Bitcoin price. If Bitcoin price fall, altcoin price also fall except few occasion. For example, you can see the bitcoin price now, It has been dumped so the price of Ethereum dumped now.
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All coins are centered on Bitcoin. While so far we can see that many altcoins are growing because Bitcoin also keeps increasing. Yes, I think the Ethereum movement is also dependent on Bitcoin. But that's not always the case because Ethereum is experiencing very slow growth, to respond to the increase in Bitcoin prices.
I am in trading if you want to buy Ethereum always see the condition of the Bitcoin movement.
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I don't think ethereum will exceed the price of bitcoin in the near future. But it is likely that this will happen if ethereum publishes the latest technology which makes interested people prefer to invest in ethereum. That's what makes the price difference because people are more interested in buying bitcoin nowadays. Bitcoin is the center of crypto prices
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Bitcoin still has dominance over the crypto market and most of the coin depend on the btc market. Every Altcoin market changes with the btc market. Maybe that's no how a decentralized market reacts but unfortunately, that is the truth. We have seen this from the past and still that happens every time.
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I don't think ethereum will exceed the price of bitcoin in the near future. But it is likely that this will happen if ethereum publishes the latest technology which makes interested people prefer to invest in ethereum. That's what makes the price difference because people are more interested in buying bitcoin nowadays. Bitcoin is the center of crypto prices
Ethereum does not set itself the task of exceeding the price of bitcoin. Although there are forecasts that the price of ethereum after the introduction of ethereum 2.0 updates may rise to $ 11,000. The rise in prices in the cryptocurrency market can also be affected by the emergence of a global economic crisis. This year's events on the cryptocurrency market will be very interesting and unpredictable in its consequences. Therefore, we expect surprises in the next few months.
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Bitcoin still has dominance over the crypto market and most of the coin depend on the btc market. Every Altcoin market changes with the btc market. Maybe that's no how a decentralized market reacts but unfortunately, that is the truth. We have seen this from the past and still that happens every time.
Once again I say, this is indeed true. Many Cryptocurrency coins whose prices still depend on the price of Bitcoin. This could be because Bitcoin is the king of Cryptocurrency, so either Ethereum or other Altcoin has also made Bitcoin as a reference for their price changes.
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Not only ethereum the whole cryptomarket is dependent on bitcoin price so still bitcoin is the King of the cryptomarket but sometimes some altcoins do not following bitcoin price they suddenly increasing depends their project strength.
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Yes ethereum price moment is dependent on bitcoin because still bitcoin domination is increasing also this is the high market capitalization coin in cryptomarket so lot of altcoins are following every second bitcoin price if bitcoin price increase definitely many altcoins price will increase instantly include ethereum.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
In my opinion this is 80% correct, and it's not only Ethereum that depends on the price of Bitcoin. But I think all altcoi depend on Bitcoin.
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Sorry to have to answer that "Yes". Bitcoin is still the king of the crypto market, of course the value of all altcoins is governed by it. Haven't dared to expect someday ETH price will be higher than BTC price :)
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It is somewhat true but not always rather i would say that the price depends on volume for example if the volume of overall crypto market is growing the price of those coins will increase which are getting most of this volume. So sometimes btc gets all the volume and pumps and sometimes the volume goes to top coins that all pump together so it is different everytime.
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for now I'm not sure if bitcoin is the benchmark high or low ETH, because btc is experiencing a significant increase while ETH is still the same price
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I think the price of ethereum is depend on bitcoin.The Bitcoin is king of cryptocurriencies.also has big trading volume and market cap.so I think the price of btc affects ETH and other altcoins.
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We know that most of the altcoins are dependent on the Bitcoin price.so I think the price of ethereum is depend on bitcoin.For example, you can see the bitcoin price now, when It has been dumped so the price of Ethereum dumped now.
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We know that most of the altcoins are dependent on the Bitcoin price.so I think the price of ethereum is depend on bitcoin.For example, you can see the bitcoin price now, when It has been dumped so the price of Ethereum dumped now.
You are wrong, Ethereum not dumped, go check coinmarketcap, Ehtereum raise around 9%. You think Ethereum dump because you using BTC pair, and this is not fair. If you want to see the real price, always check it using USD price or other stable coins
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Yes I think Bitcoin price will affect the value of ethereum. Because bitcoin is still the King of crypto currency.And the number one coin in the world is Bitcoin. And Etherium is the next coin of Bitcoin.
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I think its price depends a lot on the price of bitcoin. Because Ethereum's market was in a much worse position when the price of bitcoin was down. But with the rise in the price of bitcoin over the last few days, the price of etherium has been rising a lot.So I think the price of Ethereum depends a lot on the price increase of Bitcoin
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Bitcoin has more dominance and popularity in the crypto market and that affects every other coins in the market. When the price of bitcoin goes high, ETH and other coins will have the strength to reach new price heights, but when the price of bitcoin drops, so goes all altcoins.
For ETH and BTC, the margins depends on how hard it goes, either up or down. The harder the price of BTC goes down, so doe ETH, but when the price of BTC goes up, and the have a little correction, it doesn't affect ETH.
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Yes. I think the rise or fall of the price of Bitcoin affects Ethereum. And this applies not only to Ethereum but to all altcoins. If you take a look at the market, you will see that as the price of Bitcoin increases, so does the price of Ethereum. And the price of Bitcoin goes down and so does the price of Ethereum.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Bitcoin is the king of all cryptocurrency coins. So don't be surprised if bitcoin price goes up ethereum and other altcoins go up, it has become a common thing.
There is very little chance that ethereum will not keep up with bitcoin prices
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In my opinion, bitcoin has a little effect on increasing other altcoins but what is more influential with increasing altcoins is the demand if a lot of demand will occur to this altcoin scarcity which causes altcoins to rise.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
Bitcoin is the king of all cryptocurrency coins. So don't be surprised if bitcoin price goes up ethereum and other altcoins go up, it has become a common thing.
There is very little chance that ethereum will not keep up with bitcoin prices
I also notice that relation between bitcoin and ethereum price movement. Seldom for ethereum to move pump independent. Bitcoin is the main line why the altcoins sometimes are in dumped or in pump. Like today the price of btc increase and also eth. Btc is the triggering point to let the market in bullish or bearish.
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Sometimes we can see,
When btc going to down, price of eth also going to down. That's why someone say price of eth depended on btc price. And it’s something true.
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The price of ethereum does not depend on bitcoin, it is its own coin rate, and even the latest changes in the bitcoin rate over the past three months shows how ethereum reacted. That horakterno both coins have grown in price only ethereum has risen in price much more.
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This is true that the ETH coin price is depend on the market and the market running coin is the BTC because when the BTC go high then the other coin like ETH, XVG, TRX go high also.
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You may be right. I have noticed many times that while the price of Bitcoin continue to rise, so does the price of Etherium continue to rise. As the price of Bitcoin continue to fall, so does the price of Etherium continue to fall. So I believe that the price of Etherium depends a bit on the price of Bitcoin.
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Only an example of recent months shows that the bitcoin rate does not greatly affect Ethereum. When the bitcoin rate went down then the ethereum rate continued to rise. These are two different coins so don't tie them.
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We know that Bitcoin is the king of all coins. When the price goes up, all the coins will go up, but it is not compulsory. I just say on my long experience. Basically everything depends on the demand.
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Etherum only relies on bitcoin when it is time to dump price and crash the market; bitcoin has increased in value to up to 50000$ already in 12 hours, thats over 20%, meanwhile etherum remains stagnant at 1800$. But if bitcoin dips 5%, etherum dips 20%
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
By seeing the crypto currency market all this time, every bitcoin increase , I see Ethereum is increasing too. So, I think the price of Ethereum dependent on bitcoin. That's normal because bitcoin is the king of crypto currency
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The price of Bitcoin is at the highest level. Etherium is in the second stage. Etherium is dependent on the price of Bitcoin. The price of Bitcoin has increased more than other coins. When the price of Bitcoin goes down, the price of Etherium also goes down.
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According to my observations, the price of ethereum depends on bitcoin. I saw that one Russian trader uses the indicator of coincidence of the price of ethereum with bitcoin. From time to time there is a price discrepancy and he can make money on this.
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According to my observations, the price of ethereum depends on bitcoin. I saw that one Russian trader uses the indicator of coincidence of the price of ethereum with bitcoin. From time to time there is a price discrepancy and he can make money on this.
There are undoubtedly certain market trends where all cryptocurrencies are moving at a given rate. But if we take a more scrupulous look at the processes of Bitcoin and Ethereum, then, in my opinion, Ethereum has long gone into Free Floating and since 2020 has practically formed an independent schedule, regardless of Bitcoin.
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Yes of course the price of erhereum will depend on bitcoin because as far as I know bitcoin is the first token launched in the crpytocurrency and so very popular to all investors by using any transactions against ethereum especially in the srock exchange the higher value of cryptocoin.
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Actually, not only Ethereum, but almost all existing Cryptocurrencies. The price depends on Bitcoin. Try to remember again, every time there is an increase or decrease in the price of Bitcoin, other Coins including Ethereum will always follow it. This is only natural, because Bitcoin is the parent of all Crypto coins that exist today.
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bitcoin is the king of all coin which affects the price of all coin. it is impossible for coin other than bitcoin to be independent without the support of bitcoin.
when the price of bitcoin goes up, all coin will also go up and when the price of BTC goes down, all coins will also go down.
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The price of Ethereum alone does not depend on the price of Bitcoin. Cryptocurrency The value of all other coins depends a lot on the value of Bitcoin.Because Bitcoin is one of the best cryptocurrency coins. Bitcoin is the platform on which people invest the most.So if the value of bitcoin increases then the value of all other coins in cryptocurrency increases. And if the value of the bitcoin goes down, then the price of all the other coins goes down fairly.
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I think the price of ethereum do not depend on bitcoin but sometimes it may happen because of market movement it can be happen.
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Yes I Think Some times It Dependent. We saw from the First Bitcoin and Ethereum run Same Line. When Bitcoin Price increase then Ethereum Price also Increase. When Bitcoin Price Decrease then Ethereum Price Also Decrease. So we tell that Ethereum Dependent on Bitcoin.
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Of all the coins in the cryptocurrency, we call Bitcoin the king of cryptocurrencies. And Etherium is next in line with the Bitcoin price but we have seen the Etherium price increase dramatically. And what about the fact that the price of all coins has increased but the main reason is that the price of Bitcoin is so high.
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We know that Bitcoin is the king of all coins. When the price goes up, all the coins will go up, but it is not compulsory. I just say on my long experience. Basically everything depends on the demand.
Yes, mate. I agree with your argument. Actually everything depends on it’s own demand. So, bitcoin's price can not create any effect on the ethereum or other coin's price compulsory. But in some way, when the price of bitcoin is rising up, all the coin's price will increasing.
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Bitcoin is considered the basis of cryptomarket. The price of bitcoin affects the entire cryptomarket. When the price of bitcoin rises, the price of most cryptocurrencies rises and this rate decreases when the price of bitcoin decreases. But it is not necessary that all cryptocurrencies decrease or increase in this proportion.
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Of course the price of Ethereum depends a lot on the price of Bitcoin. Not only Ethereum but all other coins in cryptocurrency depend a lot on the price of this bitcoin.Simple One thing you may have noticed is that while the value of bitcoins was rising regularly, cryptocurrency was increasing the value of all other coins.So it is very easy to say that Ethereum is very dependent on Bitcoin.
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I think it's not just ethereum but all the altcoins. Because Bitcoin is like a determinant of prices in the market. Altcoins will always follow. And indeed the cycle is always like that.
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Without a doubt, the price of bitcoin affects the price of Ethereum. We can see this every time the price of bitcoin rises-the ethereum also rises, when bitcoin falls-the Ethereum also falls. This is an obvious dependence not only of the Ethereum, but also of the majority of altcoins on the price of bitcoin.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I have read many opinion here, I agree Ethereum price doesnt depend on bitcoin but on demand and supply. If demand is increasing and so high , I think the Ethereum price will increase. I agree with this.
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I think that most coin prices of altcoins will always depend on Bitcoin.
Bitcoin is the king of crypto. the symbol of crypto is Bitcoin. And may people will trust BTC fo course, And It will also influence, moreover when the price is high, downtrend and probably touches the previous drop again.
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I have read many opinion here, I agree Ethereum price doesnt depend on bitcoin but on demand and supply. If demand is increasing and so high , I think the Ethereum price will increase. I agree with this.
I also agree about what you are saying because it is clear that it is the law of economics. but still the influence of bitcoin will always have an impact on altcoins, I'm not sure if anyone doesn't believe it.
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I have read many opinion here, I agree Ethereum price doesnt depend on bitcoin but on demand and supply. If demand is increasing and so high , I think the Ethereum price will increase. I agree with this.
I also agree about what you are saying because it is clear that it is the law of economics. but still the influence of bitcoin will always have an impact on altcoins, I'm not sure if anyone doesn't believe it.
Almost throughout the entire development of the cryptocurrency market, one could observe such a trend in the cryptocurrency market, where Bitcoin influenced all cryptocurrencies, including Ethereum. But lately, Ethereum seems to be in the Bitcoin Orbit at the same time, and nevertheless, it is showing independence, and this moment can be seen in the coinmarketcap indicators.
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The price of all coins depends on the price of Bitcoin. Because Bitcoin is the king of coins, which is why the price of Bitcoin has gone up. Because most investors work in bitcoins.
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Of course the price of Ethereum depends a lot on Bitcoin. Because for some time now I have seen that when the price of Bitcoin goes up, the price of Ethereum goes up Gets. Again when the price of bitcoin goes down the price of etherium is dumping.So looking at Ethereum's behavior, it is easy to say that Ethereum is dependent on Bitcoin.
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Bitcoin is currently the most popular coin in the cryptocurrency world. Ethereum ranks second in terms of popularity. As the price of Bitcoin rises in the crypto world, so does the impact on other coins .Now the market condition of Etherium is very good. The future of this coin is very bright. Besides, the price of Etherium is increasing. So looking at ethereum behavior it is easy to you say that ethereum is depend on Bitcoin.
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Ethereum does not rely on bitcoin. It moves at its speed. However, when the price of Bitcoin goes up, some times effects on some coins and some times not. Because we have seen that when the price of Bitcoin is 61000 dollars, the price of ether has not increased.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
It is my belief that the price of Etherium depends on the price of Bitcoin. However, based on science, the price of all coins increases. However, if the price of Bitcoin goes up, the price of Etherium goes up
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
It is my belief that the price of Etherium depends on the price of Bitcoin. However, based on science, the price of all coins increases. However, if the price of Bitcoin goes up, the price of Etherium goes up
I think the reason why Ethereum price depends on bitcoin, because bitcoin remains the King of crypto currency. So altcoins will follow bitcoin trend. Yes, you're right when bitcoin rise, altcoin will rise too.
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I think the price of all Altcoin, not just Ethereum, depends on the price of Bitcoin. Because I have noticed that when the price pump of Bitcoin, the price of all Altcoins also pump and when the price dump of Bitcoin, the price of all Altcoins also starts to dump. So I think the price of all Altcoins depends on the price of Bitcoin.
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I believe that price of Ethereum is partly dependent on the current value of Bitcoin, the higher the demand the better the price of the Ethereum is. We all know that Ethereum is a great platform so when the market is on the bullish season - definitely the value of Ethereum will have a domino effect.
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I think that all altcoins will depend on the Bitcoin progress, price, and also market.
Let's see:
- Bitcoin is up, the price of altcoins are down,
- BTC is down, altcoins will down again.
BTW is sideway is the chance for the altcoins because they commonly use it around
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As the Bitcoin price rises, so does the price of almost all coins. Even then the Etherium platform will be further developing in the future. The current situation is that I saw the Bitcoin price go down from $58k to $50k but I saw that the Etherium price went down. Therefore, it can be said that any increase in Bitcoin price has an effect on any coin.
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Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
The market may not be completely dependent, but 60% depends on Bitcoin.One thing you must have noticed is that when the price of bitcoin goes up or down, the price of etherium goes up or down.So looking at these trends, it is easy to say that Ethereum's market is somewhat dependent on Bitcoin.
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The ETH platform has a lot more transaction crowd. So it gained popularity. Currently the BSC platform is gaining popularity. However, ETH is a popular currency in the cryptocurrency market. The price of ETH does not increase as the price of Bitcoin increases. Its future is expected to be much better. So there is a lot of investor traffic.
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There are many altcoins around the world ethereum is one of them. Every coin in the market don't depend on other coin ethereum is not out of that. So i think the price of ethereum is not dependent on bitcoin.
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in my opinion, Bitcoin somehow has a huge impact on the entire cryptocurrency market. You need to pay attention to the indicators of Ethereum, how it is developing and how it reacts to the growth of the Bitcoin exchange rate. In my opinion, Ethereum is already leaving the altcoin and becomes a full-fledged coin with its ecosystem, which is on a par with Bitcoin and even surpasses BTС in some respects, and therefore Ethereum can fully and independently form its development and pricing.
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There are many altcoins around the world ethereum is one of them. Every coin in the market don't depend on other coin ethereum is not out of that. So i think the price of ethereum is not dependent on bitcoin.
I understand what you mean, but why after Bitcoin price fell the altcoin price, even ethereum price went down.
The situation is very complicated and I think in the future the price of altcoins will not depend on the price of Bitcoin, but it will be difficult because Bitcoin dominates the crypto market.
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I think the price of all Altcoin depends on the price of Bitcoin. This is because when the price of Bitcoin goes up, the price of almost all Altcoin rises and when the price of Bitcoin goes down, the price of almost all Altcoin goes down. So I think the price of all Altcoin depends on Bitcoin.
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I think the price of all Altcoin depends on the price of Bitcoin. This is because when the price of Bitcoin goes up, the price of almost all Altcoin rises and when the price of Bitcoin goes down, the price of almost all Altcoin goes down. So I think the price of all Altcoin depends on Bitcoin.
That's true, I also think all of crypto currencies are depending on bitcoin, We all know the crypto price always follow the bitcoin trend. That's normal, because bitcoin is the King of crypto currency.
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If we compare the difference in the price of Ethereum and Bitcoin in 2017, with the indicators of 2020 and 2021, then we can conclude that Ethereum is very much behind bitcoin in percentage terms. but nevertheless, the pattern of the same trend persists, and if Bitcoin rises or falls in price, Ethereum follows it.
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If we compare the difference in the price of Ethereum and Bitcoin in 2017, with the indicators of 2020 and 2021, then we can conclude that Ethereum is very much behind bitcoin in percentage terms. but nevertheless, the pattern of the same trend persists, and if Bitcoin rises or falls in price, Ethereum follows it.
Of course, we all know bitcoin is always be trend center. So, if bitcoin go rise, I think Ethereum and other will follow.. I agree ethereum price is depending on bitcoin..That's true. I hope bitcoin and altcoin price will soar at this year.
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Yes, if you analyze how the Ethereum price is growing, it mostly depends on the Bitcoin price. But it is not always following the Bitcoin price trend. Sometimes Ethereum can increase even if the price of Bitcoin is in a sideways phase or decreasing. Ethereum is one of the altcoins that mostly follows the Bitcoin price trend, but it shouldn't be in all time.
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I think the price of all Altcoin depends on the price of Bitcoin. This is because when the price of Bitcoin goes up, the price of almost all Altcoin rises and when the price of Bitcoin goes down, the price of almost all Altcoin goes down. So I think the price of all Altcoin depends on Bitcoin.
That's true, I also think all of crypto currencies are depending on bitcoin, We all know the crypto price always follow the bitcoin trend. That's normal, because bitcoin is the King of crypto currency.
I do not see anything normal in the fact that a decentralized cryptocurrency has a rigid price dominance on the part of one cryptocurrency - bitcoin. Although recently there have been many cases where individual altcoins do not follow the price movement of bitcoin for some time, however, in general we see that as soon as bitcoin rises in price, then altcoins, as a rule, rise. If bitcoin falls in price, then altcoins turn red.
I don't think this will always be the case. The time will come when there will be no price dominance in this market.
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Probably I agree with this the price of ethereum dependent on bitcoin because this two kinds of coins in the market are so very popular and potential in the cryptocurrency they are interchanges day and day of value of prices depends on the demand of all investors assets.
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You are fifty percent correct because Bitcoin is the most valuable token in the world of cryptocurrency and this Bitcoin is the most expensive. Etherium's position after Bitcoin, so it can be said that if the price of Bitcoin increases, the price of tokens in the vicinity increases. So when the price of Bitcoin goes up, the price of all tokens goes up even if it is a little bit. So it can be said that the price of Bitcoin does not depend on any token but the price of other tokens depends on Bitcoin.
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"Ethereum's price depends on Bitcoin's price" I don't believe it. Because I have noticed that the price of Bitcoin has increased a lot since the beginning of 2021. The price of Bitcoin has almost tripled, but the price of Etherium has not increased in comparison. So I disbelieve that Ethereum's price depends on Bitcoin's price.
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if you watch Ethereum prices over a long period, it can still be noted that Ethereum adheres to the general market trend. And if we take into account that it is Bitcoin that affects the cryptocurrency market, then this means that it also affects Ethereum.
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Bitcoin is the king of crypto currency. Many of the countries have approved it's for their money transection. At this moment Bitcoin is running with it's full strength and popularity. The price of the Bitcoin is very high. Many investors have invest in the Bitcoin. If Bitcoin rise crypto market rise up and it fall , the crypto market go down. So I think the price of Etereum sometime depends on Bitcoin .
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Bitcoin and Ethereum are very different in matters due to the huge differences in nominal values and are difficult to equalize.
Bitcoin has a limited supply and Ethereum has unlimited coins and definitely from this factor also has a price difference.
But if we are investors, it would be better if we choose both Bitcoin and Ethereum because these two coins are really highly respected.
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"Ethereum's price depends on Bitcoin's price" I don't believe it. Because I have noticed that the price of Bitcoin has increased a lot since the beginning of 2021. The price of Bitcoin has almost tripled, but the price of Etherium has not increased in comparison. So I disbelieve that Ethereum's price depends on Bitcoin's price.
I partially agree, the price of Ethereum doesn't depend too much on Bitcoin. But Bitcoin's price growth and fall still affects it to some extent, as it really influences people's attitude to the crypto market in general.
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I think the price of Ethereum largely depends on the price of Bitcoin. Why Ethereum is the only cryptocurrency because all the other coins are fairly dependent on Bitcoin.Because Bitcoin is the king of cryptocurrency. The cryptocurrency market is now in a good position for Bitcoin.
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I don't think so because we know that when the price of BTC $20000 at that time ether price was 1500 and when BTC reached at 60000 at the same time ether price convey $1800. Here i get big difference between the two but i know that most of the time if BTC fall then Crypto currency also fall down.
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If the price of Bitcoin in cryptocurrency goes up then the price of all commodities goes up. Because Bitcoin is the best coin in the cryptocurrency and cryptocurrency occupies a huge place in it. The only thing that can be said is that Bitcoin is the lifeblood of cryptocurrency.
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In fact in the crypto market bitcoin is the most popular currency and tops all currencies depending on the value of this currency the value of other currencies increases the same situation with ethereum. As the value of Bitcoin rises and market investments increase traders continue to invest in bitcoin and other currencies.
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Bitcoin is the king of all coins. That is why all coins depend on Bitcoin. Because if the price of Bitcoin goes up, then the price of all the other coins goes up. Bitcoin occupies a huge place in the cryptocurrency which is why everything depends on Bitcoin.