Why is ETH dropped so dramatically - Increased 600% since October 2016

in #bitcoin7 years ago (edited)

So I compared Bitcoin vs Ethereum on tradingview.com
blur-1853262_1920.jpg

BTC - increased just over 600% since October 2016 (Red line)
ETH - increased just over 2800% since October 2016 (Orange line)
screenshot-2017-06-21-1.jpg

Coinbase - graphs
https://www.coinbase.com/charts?locale=en-US
BTC
1 DAY
screenshot-2017-06-21-1.jpg

1 WEEK
screenshot-2017-06-21-3.jpg

1 MONTH
screenshot-2017-06-21-1.jpg

ETH
1 DAY
screenshot-2017-06-21-2.jpg

1 WEEK
screenshot-2017-06-21-2.jpg

1 MONTH
screenshot-2017-06-21-1.jpg

Now that there are issues this ETH blockchain and being so over valued in such a quick period.
The ICO and crowdsales are pushing the prices of both - especially ETH.
Let's wait and see what happens.

Got the graphs on www.tradingview.com
https://www.tradingview.com/chart/?symbol=BITFINEX%3ABTCUSD

Hope you enjoyed my post and appreciate your comments and suggestions
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Let me be clear, I don't claim to be an advisor or an expert in any of these coins / assets / tokens. I may have gotten some facts wrong, but I'm going to give you my opinion. Take them for what they are worth and make up your own mind and do your own investigation. This is not financial advice or must not be construed as such. Past performance is no indication of future success. This is your money - manage wisely!

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