Quote from: AbNewton on April 22, 2020, 01:00:26 PM

Quote from: lahiruu on April 22, 2020, 11:45:54 AM

Quote from: davidroux on April 22, 2020, 11:20:29 AM

If the price of Ethereum drops to $130, this will be a catastrophic price and could cause the entire market to collapse in a short time. I think this only happens when the Bitcoin price cannot recover and the bear market continues its downtrend. Of course I didn't expect this but covid-19 is getting worse so anything can happen.

I really can't see it dropping to $130 (will be devastated if it does haha). Agree though, with oil now at a negative value I think anything is possible in this COVID-19 situation. Crazy times.

Yeah, oil's price went negative is not something everyone could foresee. But i think can't apply it to crypto especially bitcoin having is around the conner. Hopefully, bitcoin having could be some drive for altcoins and ETH in general.

That doesn't make sense if you talking about the correlation between oil price and crypto price. There was no even a small correlation between crypto and oil. When oil faces the negative trend but crypto can even gain the bullish trend. Halving is not a big bet right now. People are not seeing crypto as an alternative solution.