Post
Topic
Board Speculation (Altcoins)
Re: ETH and ICOs - Do you think that the decline of ETH price will affect ICOs?
by
South Park
on 11/10/2018, 16:32:39 UTC
We've hit the bottom last month, according to some analysts

https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/

Do you agree that what really propelled bitcoin's run are the massive ERCO 20 based ICOs last year? This means that Bitcoin's rise has been indirectly fueled by ETH?
That is completely false, what made the price of bitcoin to go up was that the developers were dedicated to activate segwit, if the price did not skyrocket any sooner was because there was a very strong opposition coming from the miners and then as soon as the developers achieved their goal the price began skyrocketing like we hadn't seen before.