How Much Bitcoin is One Ethereum Worth?📉
366 sats \ 10 comments \ @suraz 10 Nov charts_and_numbers
Ethereum to Bitcoin Ratio at Multi-Year Lows 📉
  • The value of Ethereum compared to Bitcoin hit a three-year low as Bitcoin surged to record highs following Trump’s election victory.
  • The last time the ETH/BTC ratio dropped this low, Ethereum rallied 120% in the next two months.
  • While institutional investors have largely focused on bitcoin, Ethereum has attracted comparatively less interest, despite its pivotal role in decentralized finance and its far lower energy consumption than Bitcoin mining.
Source
write
preview
related posts
31 sats \ 0 replies \ @wingalt 10 Nov
Great shitcoiner post, it doesn't consume energy because it is centralized garbage
reply
21 sats \ 1 reply \ @freetx 10 Nov
far lower energy consumption than Bitcoin mining.
thats a 2020 talking point. There have been 2 firmware updates for NPCs on this issue, obviously the author hasn't updated his firmware in a long time.
reply
10 sats \ 0 replies \ @Bell_curve 10 Nov
Non Player Characters!
reply
10 sats \ 0 replies \ @Coinsreporter 10 Nov
Did you look at the letters over there? They have even fattened the Shit! Ethereum is a shit and if you don't believe it is that's your problem but you can't compare Bitcoin like this.
reply
10 sats \ 0 replies \ @SwearyDoctor 10 Nov
-it's centralized garbage. they'll censor it out from under you, but it won't matter because the transaction fees will equal what you want to send anyway.
-that said, both technically and institutionally, that religious adherence the investment world has to "diversification", combined with the fact that ETH is the only crypto out there that has any meaningful tradfi ramps, means there'll probably be a run for it before it'll die.
reply
10 sats \ 0 replies \ @Lux 10 Nov
reply
10 sats \ 0 replies \ @Aardvark 10 Nov
I don't know, I wouldn't trade any of my bitcoin for etherium though...
reply
10 sats \ 0 replies \ @sangekrypto 10 Nov
yes, ethereum has a dependency on bitcoin, because its price is all based on bitcoin, and recently the election was won by Trump, so is it true that the increase really worked? let's see together
reply
10 sats \ 0 replies \ @denlillaapan 10 Nov
Zero? Infinite?
I mean, ETH is crap and must/will/should die, so yeah that's gotta be the answer
reply
0 sats \ 0 replies \ @BTCLNAT 10 Nov
  • The last time the ETH/BTC ratio dropped this low, Ethereum rallied 120% in the two months that followed.
  • While institutional investors have largely focused on bitcoin, Ethereum has attracted comparatively less interest, despite its pivotal role in decentralized finance and its much lower energy consumption than Bitcoin mining.
Sorry. ETH is the world's leader of shit. So whether it recovers or not I don't give a damn. Although Bitcoin is not primarily intended to be an investment vehicle, before spending fiat shit on other shit, it is logical that investors look for a gold-like or better one, the only one is Bitcoin. And don't worry so much about the energy that Bitcoin consumes, that is getting better every day and is even helping others with energy issues. Tell Vitalik Buterin, if ETH is so good, why doesn't he just drop all the Bitcoin coins he has under his control with his private keys and keep the shit.
reply