Interesting to look at the market conditions in terms of established alt coins and Ethereum.
It's no surprise that Ethereum is heavily weighted in the crypto-markets and has had an impact on mostly
all coins that share an exchange with it. When Ethereum was added to BTC-e it was introduced
into a small, select group of well established alt coins such as LTC, PPC, and NMC. These coins have
had 4 years or more of existence in this space and perhaps have undergone the trials of true price
discovery. I believe it should be noted that the Ethereum has yet to undergo the trials and tribulations
of price discovery. It seems that there will be a "retaking" of market share from Ethereum by older alt coins
and perhaps this is the start of it.
It's no surprise that Ethereum is heavily weighted in the crypto-markets and has had an impact on mostly
all coins that share an exchange with it. When Ethereum was added to BTC-e it was introduced
into a small, select group of well established alt coins such as LTC, PPC, and NMC. These coins have
had 4 years or more of existence in this space and perhaps have undergone the trials of true price
discovery. I believe it should be noted that the Ethereum has yet to undergo the trials and tribulations
of price discovery. It seems that there will be a "retaking" of market share from Ethereum by older alt coins
and perhaps this is the start of it.