Re: Ethereum - Bitcoin's Tail

Quote from: SistaFista on Today at 01:43:02 PM

Quote from: NatureMoves on March 18, 2021, 01:14:51 PM

Do you think there will ever be a time when Ethereum will stop following Bitcoin? The time Ethereum goes up in value is because Bitcoin goes up in value. In the future, will people look for Ether first before Bitcoin? Or will it always be Bitcoin's sidekick Grin

What do you guys think?

What makes you think that Ethereum price is always following Bitcoin price ?
If we look at the price of bitcoin, it has increased from the old ATH(All time high) (year 2017 end) which was around $19k to $57k currently, or it has already gone 3 times from 2017 price. On the other hand, Ethereum price has increased from $1.3k to around $1.7k currently, not even 2 times from the its old ATH.
This is clearly shows that Ethereum price is not following Bitcoin price in my opinion.

yes, if we look at the history of 2017 and this year it is clear that both of them have experienced different increases, but in fact they are still the same in the top position and there is still no other type of coin that is able to shift the position of ethereum which is always in second place. This is possible because Bitcoin and Ethereum are always in demand by everyone, they will continue to complement each other