NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Ethereum Price Has Best Risk-Reward Ratio Ever: Crypto Venture Capitalist

Nick Chong
Nick Chong
5 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ethereum hasn’t done too well over the past year. Since peaking at $1,400 and nearly “flipping” Bitcoin, the cryptocurrency has embarked on a steep downtrend, shedding a large majority of its value as demand has tapered off.

In fact, one ETH is now valued at under 0.02 BTC — a level not seen since the pre-ICO bubble levels, which is crazy to think about.

Related Reading: Veteran Investor: Demand For ‘Psycho Crypto Currencies’ Good For Gold Prices

To make matters worth for Ethereum bulls, the community has been slammed by its critics — namely Bitcoiners — and competitors to the platform have been propped up, like EOS, Cosmos, or Tron.

But, one cryptocurrency venture capitalist is arguing that should history repeat itself, now may be the optimal time to invest in ETH, no matter what sentiment is like.

Crypto Twitter Tensions Flare

Over this past weekend, tensions have flared between members of the Ethereum Twitter community and the broader Crypto Twitter.

The spats seem to stem from a presentation from Michael Goldstein, who had a bit of fun bashing “nocoiners” and “s**tcoiners” at a Bitcoin-centric conference on the weekend. In that presentation Goldstein, the President of the Satoshi Institute and a prominent industry commentator, explained how one could “meme Bitcoin to the moon”.

Goldstein issued his keynote somewhat in jest, but according to Youtuber “Crypto Bobby”, the founder of Proof of Talent, it has “ruffled some feathers” across the industry, including those in the Ethereum space.

Related Reading: Crypto Analyst Expects 20% Ethereum Drop, Altcoin Capitulation in 2 Weeks

This perpetuates hate that Ethereum has been receiving for months now, as it remains down around 80% from its all-time high — both in U.S. Dollar terms and in BTC terms.

Indeed, many on Twitter, have pointed towards the crypto asset’s great underperformance as a sign of the death of the project, which used to be the crypto industry’s flavor of the month.

Ethereum Could Recover

According to Chris Burniske, however, the pain may soon be over for Ethereum holders and believers. In a two-part Twitter thread posted on Tuesday, the Placeholder Venture partner, who famously coined the term “crypto assets”, gave his thoughts on the future of ETH.

Summing up the project’s current status in one sentence, Burniske wrote that “Ethereum is enduring its first mainstream bear market, just as Bitcoin did in 2014/15.

1/ $ETH is enduring its 1st mainstream bear market, just as $BTC did in 2014/15.

In retrospect, 2014/15 was the best risk/reward period for investors to get BTC exposure.

— Chris Burniske (@cburniske) August 20, 2019

While the investor didn’t tip his hand when it comes to where he believes Ethereum will bottom — if at all — he argued that Bitcoin’s first mainstream bear market, when it tumbled from $1,300 back to the low-hundreds, was “the best risk/reward period for investors” to gain ETH exposure. Drawing similarities between then and now, he opined:

“To objective observers, the network’s momentum was clear despite the bearish price action; those pre-disposed to dislike based on perceived vested interests, were blinded by biases & missed the bus.”

Indeed. Over the past few months, Ethereum has seen strong fundamental developments. For instance, stablecoins based on the blockchain now transact more volume than Venmo, one of the leading fintech firms. Also, decentralized finance applications have started to swell on the platform, with millions of dollars worth of decentralized loans being issued every week.

Related Reading: Ethereum Price Chart Shows Possible Pattern to 1000% Gains Against Bitcoin

Burniske argues that “what happened to Bitcoin is happening to Ethereum now”, implying that should history repeat itself, now’s a great time to scale into the second-largest cryptocurrency, despite the “FUD”.

Featured Image from Shutterstock
Tweet123Share213ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

TOKEN6900強勢吸金:1周融資破20萬美元 無視市場邏輯再掀迷因熱潮

TOKEN6900 (T6900)對所有所謂的“基本面”嗤之以鼻,用行動證明它不靠基本面也能贏 —— 上線僅一周便籌集超20萬美元。 這款全新迷因幣根本不在乎新聞怎麼說,也不在乎圖表怎麼走。它唯一的信...

estherw 3 hours ago
Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350

Ethereum is approaching a pivotal moment as it pushes to reclaim the $2,600 level, aiming to break free from weeks...

Sebastian Villafuerte 9 hours ago

FUNToken’s P2E Model Isn’t Just a Game: It’s a Scalable Digital Economy

FUNToken is going beyond basic play-to-earn mechanics by laying the groundwork for a scalable digital economy that targets the global...

NewsBTC 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Price Hits Support

Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

Aayush Jindal 1 hour ago
xrp price xrpusdt

XRP Price Brewing A Monster Rally? This Patter Might Hold The Key

James Halver 2 hours ago
스네이키웨이($AKE), AI 매수·인플루언서 제휴·블록체인 게임 앞세워 프리세일 개시

스네이키웨이($AKE), AI 매수·인플루언서 제휴·블록체인 게임 앞세워 프리세일 개시

Soyeon Lee 3 hours ago

Premium Sponsors

Press Releases

  • 3 altcoinuri de urmărit în prima săptămână a lunii iulie 2025

    7 hours ago
  • XRP versus Shiba Inu: Care criptomonedă are șanse mai mari să creeze milionari?

    XRP versus Shiba Inu: Care criptomonedă are șanse mai...

    7 hours ago
  • XRP, SOL, LTC holders turn to OPTO Miner to earn $5,777 in...

    10 hours ago
  • More and more XRP and ETH holders are turning to APT Mienr...

    11 hours ago
  • XRP versus Shiba Inu: Care criptomonedă are șanse mai mari să creeze milionari?

    ...

    12 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.