Quote from: Silberman on Today at 10:42:55 PM

Quote from: Blawpaw on Today at 06:27:05 PM

If you look around, the whole market is crumbling down to pieces, so why should ethereum be different? The king is going down and is takingall the little kids behind. When Bitcoin falls, the most likely scenario will be to see the big majority of the cryptos following BTC. Moreover, Ethereum is a shitcoin, so I actually do not mind to see it go to 0

Traders sometimes blind themselves to the truth they have right in front of their eyes, as much as ethereum lovers do not like it ethereum depends heavily on bitcoin in order to grow, recently we had the transition of ethereum from POW to POS and yet the rally everyone was expecting did not happen, and why that was the case? Because bitcoin was not bullish at the time, if ethereum went over this transition during the bull market the results would have been different, but this only shows how much ethereum and all altcoins depend on bitcoin for their growth.

This is the truth on which people are really that way too advanced and really that believing that ETH could shoot up its price after the update or that event.
Its true that the market is too bearish which its not surprising that it didnt able to take off.

I dont know if the community arent really just interested with that POW to POS thing from ETH but if you do really look on bigger picture, then this thing is really that significant.

Decreasing prices is always been part of the market, you cant really just see upward movements whenever fundamentals are present.