Will Ethereum (ETH) hold its price?

[dekafee79]

Yes, that's right, although Ethereum's price movement does not completely follow Bitcoin's price, but according to my observations, Ethereum also experiences the same price changes. However, the amount of the decrease and increase is not the same percentage as Bitcoin. For me, that doesn't matter, Ethereum is still my favorite coin and I believe Ethereum will provide maximum profit.

I have a thought whether the price movement of ethereum can not follow the price of bitcoin because of the existence of other networks that make the popularity of ethereum start to decrease, because many new projects are using Solanan and TON? This is what we need to observe. Although I still have confidence that ethereum will return to touch ATH next year, but we see the popularity of TON is also increasing. and we also know that ethereum ETF has also been approved but does not give a good impact on the price of ethereum.

[bitterguy28]

One of the biggest flaws that I personally believe is part of the reason Ethereum is still struggling to HODL a nice price and a progressive trend to the upside is the problem of supply.  Based on simple economics limited supply often assists in helping a commodity or a currency keep a nice price and prevent exponential devaluation. However Ethereum happens to have an infinite supply which I believe isn't a good property to assist the Ethereum network in growing.

you are correct that it is definitely one of the advantages of bitcoin to ethereum

ethereum will never catch up to bitcoin in terms of price because bitcoin has limited supply which helps in its demand however i think ethereum is doing well for what its worth despite not having a limited supply like bitcoin market sentiment drives the price many people use ethereum for various purposes which is why i think it was able to be second to bitcoin and stay there

however if demand goes down overtime, it will certainly be a bigger problem that it has inflationary tendencies

[Mia Chloe]

ethereum will never catch up to bitcoin in terms of price because bitcoin has limited supply which helps in its demand however i think ethereum is doing well for what its worth despite not having a limited supply like bitcoin market sentiment drives the price many people use ethereum for various purposes which is why i think it was able to be second to bitcoin and stay there
however if demand goes down overtime, it will certainly be a bigger problem that it has inflationary tendencies

Yeah that's quite true. Quite a long time ago I never even believed that Ethereum has and unlimited supply. I mostly make use of bitcoin so I never really did dig deep into the properties of the Ethereum network. Anyways I think the effect of Ethereum's supply as being unlimited is gradually surfacing on the network. Properly observing chart patterns Ethereum is quite struggling to HODL up a $2k + price tag.

From the earliest period of Ethereum's launch there was a nice progress and that of course was also as a result of the little amount of coins in circulation and gradually as amount of coins in circulation grew the network seems to have been struggling to hit an ATH.

[MRY]

Yes, that's right, although Ethereum's price movement does not completely follow Bitcoin's price, but according to my observations, Ethereum also experiences the same price changes. However, the amount of the decrease and increase is not the same percentage as Bitcoin. For me, that doesn't matter, Ethereum is still my favorite coin and I believe Ethereum will provide maximum profit.

I have a thought whether the price movement of ethereum can not follow the price of bitcoin because of the existence of other networks that make the popularity of ethereum start to decrease, because many new projects are using Solanan and TON? This is what we need to observe. Although I still have confidence that ethereum will return to touch ATH next year, but we see the popularity of TON is also increasing. and we also know that ethereum ETF has also been approved but does not give a good impact on the price of ethereum.

If we step into our current context though, it is undeniable that new platforms like Solana and TON do offer a competition to Ethereum based on their ability to offer a much faster and cheaper service. But we have to believe that Ethereum has a great place in the blockchain industry, let alone the fact that it is actively used in DeFi and NFT. Other networks are becoming more popular, but Ethereum still enjoys quite demand, especially considering that the developers of Ethereum 2.0 keep revealing further enhancements of network’s scalability and performance. We also have to follow future market trends and adjust to the fact that innovations in some given networks may pose a threat to Ethereum in the future.

[dekafee79]

ethereum will never catch up to bitcoin in terms of price because bitcoin has limited supply which helps in its demand however i think ethereum is doing well for what its worth despite not having a limited supply like bitcoin market sentiment drives the price many people use ethereum for various purposes which is why i think it was able to be second to bitcoin and stay there
however if demand goes down overtime, it will certainly be a bigger problem that it has inflationary tendencies

Yeah that's quite true. Quite a long time ago I never even believed that Ethereum has and unlimited supply. I mostly make use of bitcoin so I never really did dig deep into the properties of the Ethereum network. Anyways I think the effect of Ethereum's supply as being unlimited is gradually surfacing on the network. Properly observing chart patterns Ethereum is quite struggling to HODL up a $2k + price tag.

From the earliest period of Ethereum's launch there was a nice progress and that of course was also as a result of the little amount of coins in circulation and gradually as amount of coins in circulation grew the network seems to have been struggling to hit an ATH.

Ethereum supply is indeed unlimited, this is the cause of the price of etehreum is not as expensive as bitcoin because the supply of bitcoin is limited. And this should also be read at the beginning of Ethereum and the existing risks when the unlimited supply will have an effect on the price, because what becomes the determinants of the price is deman and supply. If Deman is high but the supply is high, the price of the coin will not rise high, different if the supply is limited with a high demand.

[Mia Chloe]

Ethereum supply is indeed unlimited, this is the cause of the price of etehreum is not as expensive as bitcoin because the supply of bitcoin is limited. And this should also be read at the beginning of Ethereum and the existing risks when the unlimited supply will have an effect on the price, because what becomes the determinants of the price is deman and supply. If Deman is high but the supply is high, the price of the coin will not rise high, different if the supply is limited with a high demand.

Aside from supply, there are a couple of other properties that Ethereum has that I a speculate contributes to its retarded growth especially in price. Ethereum with the pace it hade during the earliest time of its launch suppose to have taken it to over $15k by now however  it still seems to be struggling to break the $3k price mark. One thing I think also affects Ethereum in growth is it's centralised network with repels decentralisation enthusiasts.

Also in so e literal sense, Ethereum has a quite congested network although it's confirmation speed for transactions is quick. My reasons for saying this is because due to many on chain tokens and coins on the network it's fees are quite high.

[rizqillah]

Ethereum supply is indeed unlimited, this is the cause of the price of etehreum is not as expensive as bitcoin because the supply of bitcoin is limited. And this should also be read at the beginning of Ethereum and the existing risks when the unlimited supply will have an effect on the price, because what becomes the determinants of the price is deman and supply. If Deman is high but the supply is high, the price of the coin will not rise high, different if the supply is limited with a high demand.

Aside from supply, there are a couple of other properties that Ethereum has that I a speculate contributes to its retarded growth especially in price. Ethereum with the pace it hade during the earliest time of its launch suppose to have taken it to over $15k by now however  it still seems to be struggling to break the $3k price mark. One thing I think also affects Ethereum in growth is it's centralised network with repels decentralisation enthusiasts.

Also in so e literal sense, Ethereum has a quite congested network although it's confirmation speed for transactions is quick. My reasons for saying this is because due to many on chain tokens and coins on the network it's fees are quite high.

It seems that ethereum transaction fees are also the reason why many people are currently abandoning ethereum and switching to other cheaper networks, is ethereum's popularity starting to decline? I haven't done any research on that, but I believe it's because of the large supply of ethereum that makes it difficult for the price of ethereum to rise at this time.

[Blaze]

Ethereum supply is indeed unlimited, this is the cause of the price of etehreum is not as expensive as bitcoin because the supply of bitcoin is limited. And this should also be read at the beginning of Ethereum and the existing risks when the unlimited supply will have an effect on the price, because what becomes the determinants of the price is deman and supply. If Deman is high but the supply is high, the price of the coin will not rise high, different if the supply is limited with a high demand.

Aside from supply, there are a couple of other properties that Ethereum has that I a speculate contributes to its retarded growth especially in price. Ethereum with the pace it hade during the earliest time of its launch suppose to have taken it to over $15k by now however  it still seems to be struggling to break the $3k price mark. One thing I think also affects Ethereum in growth is it's centralised network with repels decentralisation enthusiasts.

Also in so e literal sense, Ethereum has a quite congested network although it's confirmation speed for transactions is quick. My reasons for saying this is because due to many on chain tokens and coins on the network it's fees are quite high.

It seems that ethereum transaction fees are also the reason why many people are currently abandoning ethereum and switching to other cheaper networks, is ethereum's popularity starting to decline? I haven't done any research on that, but I believe it's because of the large supply of ethereum that makes it difficult for the price of ethereum to rise at this time.

There are few things that could be considered in order to reduce effect which high fees have on the possibility of utilizing Ethereum. One of them is to use Layer-2 like Arbitrum or Optimism which enables faster and cheaper transactions but remain on the Ethereum mainnet. We can also set the transaction time because, as mentioned earlier, the price of gas also depends on the time during the day. We should also pay attention to the current state of evolution of the Ethereum network enhancements including the improvements on the scalability we can also use it to tell us when it is time to use Ethereum again.

[debra]

Yes, that's right, although Ethereum's price movement does not completely follow Bitcoin's price, but according to my observations, Ethereum also experiences the same price changes. However, the amount of the decrease and increase is not the same percentage as Bitcoin. For me, that doesn't matter, Ethereum is still my favorite coin and I believe Ethereum will provide maximum profit.

I have no doubt about ETH. Basically, if I have free money again, my hope is to just buy ETH again, which hasn't pumped that much until the next month. So maybe there's still a chance to get high profits. And again, ETH, that's without a doubt, for this top altcoin. It's just that we often feel that the profits might not be too high if the amount of ETH is small. But yeah, I think that's much better than taking other altcoins, especially those just because of FOMO.

ETH is good for short term or long term, the distance from its ATH is still quite good. So, there's still great hope for this coin to go up past its previous ATH. That means to hold ETH, why not? So far, ETH's price movement is also very good, following Bitcoin of course. But at least that's much better.

[luckyledger]

ETH is good for short term or long term, the distance from its ATH is still quite good. So, there's still great hope for this coin to go up past its previous ATH. That means to hold ETH, why not? So far, ETH's price movement is also very good, following Bitcoin of course. But at least that's much better.

It's great to have some ETH for the future to come because a diversified portfolio is a good portfolio.
Who knows what the future will bring, however, looking after ETH is essential if a person is interested in the alts overall.

[Hisbullah]

Yes, that's right, although Ethereum's price movement does not completely follow Bitcoin's price, but according to my observations, Ethereum also experiences the same price changes. However, the amount of the decrease and increase is not the same percentage as Bitcoin. For me, that doesn't matter, Ethereum is still my favorite coin and I believe Ethereum will provide maximum profit.

I have no doubt about ETH. Basically, if I have free money again, my hope is to just buy ETH again, which hasn't pumped that much until the next month. So maybe there's still a chance to get high profits. And again, ETH, that's without a doubt, for this top altcoin. It's just that we often feel that the profits might not be too high if the amount of ETH is small. But yeah, I think that's much better than taking other altcoins, especially those just because of FOMO.

ETH is good for short term or long term, the distance from its ATH is still quite good. So, there's still great hope for this coin to go up past its previous ATH. That means to hold ETH, why not? So far, ETH's price movement is also very good, following Bitcoin of course. But at least that's much better.

Buying ethereum and holding is still a potential way that we can do this time because the current ethereum price is still low at $2,672 while ethereum once reached ATH $4,891 in October 2021. Although we don't have to target the ethereum price to reach ATH again, at least if we buy now and sell at a price of more than $3K, we can already make a profit. 4#K is still reasonable, because I also don't target a price that is too high for ethereum this time.

[Vx1]

Yes, that's right, although Ethereum's price movement does not completely follow Bitcoin's price, but according to my observations, Ethereum also experiences the same price changes. However, the amount of the decrease and increase is not the same percentage as Bitcoin. For me, that doesn't matter, Ethereum is still my favorite coin and I believe Ethereum will provide maximum profit.

I have no doubt about ETH. Basically, if I have free money again, my hope is to just buy ETH again, which hasn't pumped that much until the next month. So maybe there's still a chance to get high profits. And again, ETH, that's without a doubt, for this top altcoin. It's just that we often feel that the profits might not be too high if the amount of ETH is small. But yeah, I think that's much better than taking other altcoins, especially those just because of FOMO.

If we are active in crypto trading or investment, I strongly agree if these people buy or invest in Ethereum. I too, if I have cold money, want to buy more Ethereum on Friday.
Regarding the security of investing in Ethereum, it is no longer in doubt. Ethereum is the best coin today.

[Crypto Library]

If we are active in crypto trading or investment, I strongly agree if these people buy or invest in Ethereum. I too, if I have cold money, want to buy more Ethereum on Friday.
Regarding the security of investing in Ethereum, it is no longer in doubt. Ethereum is the best coin today.

Good decision you have taken.
I also want to say that Ethereum is the second most trusted and most beneficial coin after the Bitcoin. If people are looking for investing in altcoin then they can easily chose Ethereum and make DCA strategy with it and start investing on here also as like the bitcoin. I want also hope in this coin that it will definitely cross the all time high price of it in this time. So when Ethereum make good dip in these time and if a people have some idle money and he is interested to investing in altcoin should must chose the Ethereum on the first list. Even then some of peoples have some doubt about the maximum supply of etheream but I don't think that the Ethereum founder will do such thing that will make dump Ethereum.

[bounceback]

Yesterday, when bitcoin price dropping under $66k seems easily for Ethereum price drop from highest price above $3650 without few hours since BTC drop price of Ethereum most lower under $2450.
But difference when bitcoin have been success recovering and up to $68k current of Ethereum get stuck around $3540 and seems not related for Ethereum price when bitcoin going down.
Have been several months since Ethereum price drop under $3k very difficult break out higher and take more than several months later will up above $3k or the current ETH price keep stuck however bitcoin success hitting higher price or bitcoin keep going down.

[dekafee79]

Yesterday, when bitcoin price dropping under $66k seems easily for Ethereum price drop from highest price above $3650 without few hours since BTC drop price of Ethereum most lower under $2450.
But difference when bitcoin have been success recovering and up to $68k current of Ethereum get stuck around $3540 and seems not related for Ethereum price when bitcoin going down.
Have been several months since Ethereum price drop under $3k very difficult break out higher and take more than several months later will up above $3k or the current ETH price keep stuck however bitcoin success hitting higher price or bitcoin keep going down.

I also noticed this since ethereum price dropped below $3k and bitcoin went back up but it seems ethereum is having a hard time getting back to $3k. this is what makes investors a little doubtful of ethereum performance in the last few months, they say because ethereum supply is too big but it seems because ethereum has a lot of competitors as a network right now because there are BSC, solanan and TON.