Quote from: drachman on January 24, 2020, 05:01:04 AM

Quote from: julius caesar on January 19, 2020, 04:03:18 AM

The current price of the ethereum is on the dump state. But I am hoping that it is just sleeping and preparing itself to have a bull run like what will happen on bitcoin. For sure when the price of bitcoin rises up, the other coins including ethereum will increase its price also since they are dependent on the market movement of bitcoin.

Just to be clear if ethereum is going to depend on bitcoin skyrocketing to go up in value then it is never going to grow up as everyone is expecting, ethereum needs to begin to move independently or it is never going to reach its all time high again, but since 2017 this has not been the case and people are starting to doubt if this is ever going to happen again and even if it does it will not matter if you are not holding any ethereum at that time.

If we look at 2018 and 2019, ETH does not really provide results or provide benefits for those who hold the coin or it can be said that in that year we often see price reductions that occur which then make investors will certainly prefer to stay afloat or holding the coin and this is normal. Maybe this time it takes a factor that can drive the rising price of altcoin.