Quote from: stfN2128 on August 04, 2019, 08:40:10 PM

Quote from: Vishnu.Reang on August 04, 2019, 05:48:28 AM

As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.

And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?

Almost all alts had a really bad time. when bitcoin goes down again i expect alts going down much more, also ethereum. keep in mind that the latest news about ethereum regarding using bsv chain were not so good. (my personal opinion)

If btc crashes I expect alts to follow suit, but if btc does a normal-sized correction then slow fall, I strangely think that may benefit alts -- and in the longrun, probably better for btc as well. Now alts may not improve a lot against fiat in such a scenario, but against btc then there is a chance, as btc dominance may go down a bit.

BTC around 8-9K, then I can see a minor alt season breaking out. But if BTC keeps climbing like it has, then I think there won't be much relief for alts.

And I think it was the BCH chain they were considering? Not that it matters really, but yeah, that news wasn't generally taken very well.