Post
Topic
Board Speculation (Altcoins)
Re: Why ETH price drops if BTC drops but doesn't increase if BTC goes up?
by
wenzuo
on 13/08/2017, 00:17:49 UTC
I've been watching charts for the past couple of hours and BTC price reached ATH but ETH price doesn't even moved. Suddenly BTC price dropped and ETH price dropped as well. Why doesn't go up with the price increase of BTC?

As I expected, if you want to exchange crypto to crypto, BTC <-> ETH, if the price of BTC goes down, the price of ETH goes up and if the BTC goes up, the ETH goes down. But why the fiat to crypto value doesn't goes change as well?
eth has so many problems that it need time to repair and update, btc go through 8 years and the deep dump market last month tell many new people that btc is still the king