Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Domithra on October 20, 2018, 02:34:48 AM
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yeah it all kinda moves as a group doesn't it, but I know people trade coins against each other as well. Alt coins appear to be a little more volatile than bitcoin.
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Actually Ethereum's price is not dependent on Bitcoin as long as Ethereum can be consistent in running its market. Because Ethereum is very good and it takes many projects in the ICO to become tokens. In this case Ethereum could actually raise its finances through the ICO and most of it control the state of the price of Ethereum.
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Yeah, ethereum value depends on bitcoin. If bitcoin rises slowly, then ethereum and other alcoints will follow behind. It is undeniable that the influence of bitcoin on the value of other coins is very large. That's natural because bitcoin is the first crypto currency to be launched so bitcoin has a large community.
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In the Reality, it's not true that particular coin prize dependent on the Bitcoin or any other. It's just a normal thing whenever any news impact on the market, whether it's going or up-down people used to take reference of good coins like Bitcoin. That's the thing really matter in price change for others. Even when Bitcoin go down that time many coins got good uptrend. Maybe that time people want to invest in other coins. In the last days, Even ETH was more down over to the Bitcoin. Even many times Doge-coin was up when the market swimming in the red ocean.
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Somehow, ethereum price is greatly influenced by bitcoin. As we see the market, the movement of BTC will directly affect the movement of all altcoins including ethereum. We could not deny the fact that BTC holds greater share on the market. Although, there are many factors affecting the movement of ethereum but it's undeniable that a large portion of it is by the influence of btc.
ICO's have a share on the movement because most of project are basing their platform on ethreum blockchain. A large circulation of the coin was put into the ICO market.
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In every global firm im sure there is a unit used as a check on other things. Its more like the dollar being the global unit for stock exchange. BTC has more influence than any other coin. Have you even wondered by the BTC is not grouped but The ETH falls under altcoins?. ETH can run its market for sure but the ultimatum will always be used as the check on it and other coins..
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes, that's true the value of ethereum prices always depends on the price of bitcoin. If bitcoin rises slowly, then ethereum and other alcoints will also follow behind. and it cannot be denied that the influence of bitcoin on the value of other coins is very large. That's natural because bitcoin is the first crypto currency to be launched so bitcoin has a large community.
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In my opinion there are other factors that influence the weakening of Ethereum's price, namely the increase in traders who take it, this is also one of the causes.
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if in my opinion and what I've read and pay attention not only to etherium that follows the movement of the bitcoin price chart. but there are some cryiptocurrency having price chart movements like bitcoin bro ..
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Bitcoin and ethereum are very different, I see ethereum have a lot of ICO projects now and some of them have changed scams, I think ethereum will have a good price when there is no scam ICO project.
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Bitcoin’s market cap is huge. When bitcoin goes up, cryptocurrency index goes up and vice versa. Bitcoin is the de facto digital currency. The reason mentioned in the other answer is also true that FIAT-ETH conversion is not offered by all exchanges, often times you have to spend BTC to trade ETH. Again, the reason is the huge volume of trade for bitcoin.
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i think ethereum still depends on bitcoin as well as other altcoins, even though it looks like it can stand on its own because there are still many ico projects running well until now but ethereum prices still hold strong on bitcoin prices.
and in my opinion ethereum prices cannot be separated from the rise and fall of bitcoin prices.
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Maybe if now yes. So now the Ethereum market is still influenced by the Bitcoin market because the Bitcoin users in Crypto are more than 50%. But I am sure that in the near future Ethereum can slowly escape the dependence of the ups and downs of the market can be separated from the influence of Bitcoin. Because Bitcoin users are slowly starting to release their Bitcoin and move to Ethereum. on the other hand Ethereum prices are also affected by Tokens in the ICO.
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The fact that the price of Bitcoin directly affects the price of the rest of the cryptocurrency, including the ethereum, we can clearly see in the example of this year. As soon as Bitcoin began to fall in price since December and dropped to $ 6,000, the entire cryptocurrency also fell in price and since that time has been stagnant with Bitcoin. If Bitcoin did not provide price dominance for other types of cryptocurrency due to its high level of capitalization, then we would see now not a continuous stagnation of cryptocurrency, but chaotic price movements of coins and tokens, depending on the direction of development of their projects.
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Maybe ethereum still depends on bitcoin prices, but not for now because ethereum has many ico projects, bitcoin is a very promising coin for investment, ethereum will be difficult to rise from current prices because more altcoins are dying on the ethereum platform https://deadcoins.com/
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Will Ethereum face the same fate as Bitcoin is facing right now? What are the striking differences from Ethereum and Bitcoin?
The phenomenal increase in Ethereum prices a few weeks ago caused speculation about the change in Ethereum's coin which became the killer of Bitcoin. An increase in Ether prices and a surge in trading volume has led to a clear comparison between the two digital currencies.
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Not only ethereum, because almost all altcoins depend on the value of bitcoin. As far as I know, if investor confidence in bitcoin rises, this will also have an impact on the increase in altcoin value. And that's the opposite.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes , It is true. For now, The price of bitcoin affect the value of all altcoins. Because Bitcoin is the King of crypto currency.
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The ethereum price depends on the number of requests and offers such as other coins. The more demand for ethereum, the ethereum price will also increase. But it cannot be denied that bitcoin has an influence on the value of altcoins because bitcoin is the king of crypto currency that has the greatest confidence.
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Ethereum is still dependent on Bitcoin and the market is still affected by the Bitcoin market. But it's true you say, Ethereum has the opportunity to be free from Bitcoin and can become an independent coin, because Ethereum can rely on the token in the ICO so that from the ICO, Ethereum can boost the price to be higher without having to wait for the price of bitcoin to rise.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes, I think. The price of ethereum dependent on bitcoin. Because Bitcoin is the firts of crypto currency.
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Some way or another, ethereum cost is significantly impacted by bitcoin. As we see the market, the development of BTC will specifically influence the development of all altcoins including ethereum. We couldn't deny the way that BTC holds more prominent offer available. Despite the fact that, there are numerous components influencing the development of ethereum however it's certain that a vast part of it is by the impact of btc.
ICO's have an offer on the development on the grounds that the vast majority of undertaking are constructing their stage with respect to ethreum blockchain. An expansive dissemination of the coin was put into the ICO showcase.
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Ethereum is still dependent on Bitcoin and the market is still affected by the Bitcoin market. But it's true you say, Ethereum has the opportunity to be free from Bitcoin and can become an independent coin, because Ethereum can rely on the token in the ICO so that from the ICO, Ethereum can boost the price to be higher without having to wait for the price of bitcoin to rise.
True the ETH is still affected by the price of Bitcoin. Although they are different, bitcoin has the power to reduce the price of the entire crypto unless the cypto investors can be counted on the fingers. Even so ethereum has good power to influence the price of the entire ICO, if the ETH price is good, the ICO price is also good.
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The rest, Ethereum still depends on its market price in Bitcoin. But Ethereum also has a great opportunity to be able to get back on its own by relying on Tokens at the ICO and also some investors who enter and invest in them. I would think that later Ethereum could escape the influence of Bitcoin and become an independent coin.
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Somehow, ethereum charge is significantly motivated via bitcoin. As we see the market, the movement of BTC will at once have an effect on the movement of all altcoins consisting of ethereum. We couldn't deny the reality that BTC holds extra proportion on the market. Although, there are numerous factors affecting the movement of ethereum however it is plain that a massive portion of it's far by way of the have an impact on of btc.
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It's not like that because Ethereum also has a different vision from Bitcoin.
The Cryptocurrency market is only now following Bitcoin, when 2015 was the first time when Bitcoin rose then altcoins dropped and vice versa.
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There's a lot of things to be excluded in order to gain independent from bitcoin market sovereignty. Ethereum will become official independence once bitcoin is dead.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
I think the price of ethereum is depending on demand and supply. But the price of bitcoin also affect the value of ethereum.
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Buying a bitcoin is not the same as buying a stock or bond. Bitcoin is not a corporation, so there are no corporate balance sheets or Form 10-Ks to review, and no costs, revenues, or profits to create a baseline against other cryptocurrencies.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes It is true. The price of ethereum dependents on bitcoin. Because Bitcoin is the King of crypto currency.
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Somehow, ethereum price is greatly influenced by bitcoin. As we see the market, the movement of BTC will directly affect the movement of all altcoins including ethereum. We could not deny the fact that BTC holds greater share on the market. Although, there are many factors affecting the movement of ethereum but it's undeniable that a large portion of it is by the influence of btc.
ICO's have a share on the movement because most of project are basing their platform on ethreum blockchain. A large circulation of the coin was put into the ICO market.
Just like bitcoin, ether token is written from the blockchain network named Etherum. Initiated by the former bitcoin writer Monthly, Etherum slid in 2014 to continue decentralization.
But different from Bitcoin, Ether is open. So, a software platform that uses ether for non-centralized transactions. At present, Etherum is traded with a value of more than US $ 472 and the overall value reaches US $ 45.5 billion.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes, and you'll notice that whenever Bitcoin is going down Ethereum will surely going down too even if Ethereum has a
fiat pair on some major exchanges but Ethereum is really depending on Bitcoin's price.
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Due to the fact that bitcoin is the first ever coin in crypto that probably manipulated the market flows. Bitcoin can influence to move the market wherever bitcoin goes whether to pump or dump.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Not dependent but inter-related. It is like Bitcoin is the parent of ethereum and when the parent is taking some blows indirectly the child ethereum will still be affected.
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Not dependent but inter-related. It is like Bitcoin is the parent of ethereum and when the parent is taking some blows indirectly the child ethereum will still be affected.
Yes, I agree with your words, all coins are automatically connected to Bitcoin. bitcoin rises even all prices must be very valuable
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Sure thing is all coin on the market have price connect with Bitcoin price, if Bitcoin go up, they will up and Bitcoin go down, they will go down too. That the reason why Bitcoin is the father of all coins
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Yes you are right , the price of ethereum depend on bitcoin, knowing fully that bitcoin is the Chief of all the cryptocurrency
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Actually Ethereum's price is not dependent on Bitcoin as long as Ethereum can be consistent in running its market. Because Ethereum is very good and it takes many projects in the ICO to become tokens.
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That's right, friend!
When cryptocurrency in 2016 and back is very contradictory between Bitcoin and Altcoins.
Bitcoin goes up, Altcoins goes down and if Bitcoin goes down then alcoins also go up in price.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes you are right i think. Most of the ICO are in ETH tokens so that eth is so demandable in crypto market and people also has a faith about eth. Six months ago i was believe that ETh price also depends on BTC price but some days ago i saw that one side BTC price is up but ETH price going to fall. So how i say ETH price depends on BTC price ??
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I don't know why if bitcoin up, ethereum and all coin goes up to. May be some one ot group manipulation crypto market, the have lot of money to do this. 1 family richest in the word may be.
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If we look at things like this, then we look at it as if we look at it like weird, we can see that if the quality of bitcoin is reduced, then the value of all coins is reduced to the value of the coins, so I think all the coins have a bit of bitcoin.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Ethereum is interesting and because it is not completely dependent on Bitcoin, many investors who have already appreciated the Blockchain system will continue to use it by developing this market and attracting new people to cryptocurrency markets
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I personally think that most altcoin price is dependent on the Bitcoin. BTC is the most trusted cryptocurrency. many people still make this crypto as the indicator of the cryptocurrency condition. The market also shows when the price of the BTC is down, the altcoins will follow, so does the Ethereum. Moreover right now, this altcoin (ETH) is still in the bad market condition, so it is normal for this.
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Not only eth,every alts are depand on bitcoin price. Because bitcoin is the kings of cryptocurrency.
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I personally think that most altcoin price is dependent on the Bitcoin. BTC is the most trusted cryptocurrency. many people still make this crypto as the indicator of the cryptocurrency condition. The market also shows when the price of the BTC is down, the altcoins will follow, so does the Ethereum. Moreover right now, this altcoin (ETH) is still in the bad market condition, so it is normal for this.
That is definitely correct ;D Bitcoin dominates more than 50% of the total market dominance and second to Bitcoin is
Ripple with 11.11% dominance on the market at this moment and this statistics on coin market cap really shows that
Bitcoin is really dominating the whole cryptocurrency world and almost every altcoins are depending on it.
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I think its not fully depend on bitcoin. Bitcoin is a common coin using as the pair and eth also. Ethereum has own platform. There many reason to affect on the price of ethereum. I think ICO is most one of them as you said earlier.Most of the ICO come up with the platform of Ethereum based.So it could be the major reason of moving price.
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Yes,, because bitcoin has become the master of the coins, base on this for ETH price to be imcrease that means the price of bitcoin must be increase first
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes the price of bitcoin will.affect the value of all crypto currency. Because bitcoin is still the King of crypto currency.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes the price of bitcoin will.affect the value of all crypto currency. Because bitcoin is still the King of crypto currency.
Bitcoin affects the whole cryptocurrency market because this crypto is the most dominant of them all and the
rise is Bitcoin is really needed by most of the altcoins right now to go back into shape.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes I think It is true. Because Bitcoin is the King and The first of crypto currency. Bitcoin affected all crypto currency.
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I think the increase in ethereum prices depends on demand and that also depends on the price of bitcoin, once the price of bitcoin drops I think all altcoin prices will follow the price of bitcoin.
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Ethereum is dependent on the price of bitcoin,I'm sure.If bitcoin goes up,all altcoins will go up and when the bitcoin falls everything will fall always the same.Only stable coin is not affected by bitcoin.
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I personally think that most altcoin price is dependent on the Bitcoin. BTC is the most trusted cryptocurrency. many people still make this crypto as the indicator of the cryptocurrency condition. The market also shows when the price of the BTC is down, the altcoins will follow, so does the Ethereum. Moreover right now, this altcoin (ETH) is still in the bad market condition, so it is normal for this.
That is definitely correct ;D Bitcoin dominates more than 50% of the total market dominance and second to Bitcoin is
Ripple with 11.11% dominance on the market at this moment and this statistics on coin market cap really shows that
Bitcoin is really dominating the whole cryptocurrency world and almost every altcoins are depending on it.
This is the key concept.
All money flows crypto market through Bitcoin that keeps high dominance.
So, I noted that in bear market this one increases because people move on a stable asset. In this case Bitcoin value is pretty costant and altcoins reduce own value, including Ethereum.
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Yes, you are right, the price of Ethereum to grow must take into account a lot of factors, I hope with the launch of the next update many of these factors will no longer affect the coin so much!
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
To a certain extend i think it is. We see ethereum price is making some small movement which is better than no movement while on the other hand bitcoin price is not making any move at all. From this we are able to assume ethereum is able to have a sky of its own.
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Very simple question, obviously depends on bitcoin price, when red signal in bitcoin price chart similar time Ethereum prices also red in colour.
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Bitcoin has a general influence on the entire crypto market due to the pairing of most of the coins including Ethereum to Bitcoin on the market. Also, Bitcoin holds more than half the total number of crypto investors.
However, the price of Ethereum is dependent on several factors not on Bitcoin alone. The major factors include the performance of ICOs because more than 90% of ICOs use the Ethereum Blockchain.
Yes I think It is true. The price of ethereum is dependent on bitcoin. Because Bitcoin is the King of crypto currency.