Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: OverEasy on June 26, 2017, 08:37:22 PM



Title: WTH ! Why is ETH dropping like a rock?
Post by: OverEasy on June 26, 2017, 08:37:22 PM
What news did I miss? Was heading to the moon a few days ago....bye bye profits


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: boatznhoes on June 26, 2017, 08:47:10 PM
Thats how crypto goes. just wait it out.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: Tmdz on June 26, 2017, 08:49:56 PM
Vitalik died, didn't you hear?


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: BustyKuroNeko on June 26, 2017, 08:57:42 PM
Vitalik died, didn't you hear?

No he didn't...

https://twitter.com/VitalikButerin/status/879127496024772610

He is very much alive, it's just fake news to cause panic


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: newtybar on June 26, 2017, 09:00:26 PM
Lot's of stuff added with the the snowball of panic selling from those new to the game (I am also relatively new, but was in it early enough to absorb a lot of this shock).

To me it looks like there's newly discovered scaling issues across two the main cryptos (BTC and ETH), which is causing FUD regarding the technology and bleeding into other Alts.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: go4crypto on June 26, 2017, 09:47:17 PM
ETH has corrected down to $200 from its ~ $400 peak couple of weeks ago. Now bounced back to $245.
It may take a few weeks of sideways moves in $200- $400 range to complete the correction.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: wqqas on June 26, 2017, 10:09:51 PM
What news did I miss? Was heading to the moon a few days ago....bye bye profits

I have tried my best to explain it here. Specially why ethereum.
https://bitcointalk.org/index.php?topic=1987291.0


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: jpouza on June 26, 2017, 10:50:31 PM
Thats how crypto goes. just wait it out.

Yeap, this is how it works, and the main thing is and will continue to be Bitcoin, ETH is under correction and as always, there are a lot of FUD around, specially talking about altcoins world.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: jono_t2000 on June 26, 2017, 11:10:10 PM
Because there was a large surge of ICOs and a whole heap of new Altcoins created. And like most crowdstarters/ICO's the majority of them fail. Now the developers of these coins are having to sell off to survive and taking everyones investments with them


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: kadscuk on June 27, 2017, 01:17:55 AM
Because there was a large surge of ICOs and a whole heap of new Altcoins created. And like most crowdstarters/ICO's the majority of them fail. Now the developers of these coins are having to sell off to survive and taking everyones investments with them

You put a smile on my face (added to my ignore list)

There should be an option to downvote the clowns on here



Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: thangoffshore on June 27, 2017, 01:31:18 AM
Because there was a large surge of ICOs and a whole heap of new Altcoins created. And like most crowdstarters/ICO's the majority of them fail. Now the developers of these coins are having to sell off to survive and taking everyones investments with them

You put a smile on my face (added to my ignore list)

There should be an option to downvote the clowns on here



Ignore is enough, I think.

People can say whatever they want, but we are also able to shut them off completely, forever. Fair enough, isn't it?

P/S: This person has been added to my ignore list also.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: nasibakar on June 27, 2017, 04:33:29 AM
Someone needs to cash some money,
I sm not that person.
I would actually catch it for PoS later,... HODL.

I am a Hodler and a collector,
I dont actually like ETH bit it is like keeping hen for the eggs,
So I ll catch ETH


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: bobo012 on June 27, 2017, 05:27:51 AM
ICOs are cashing out. They want to secure some money into cash


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: NaXxow on June 27, 2017, 08:57:36 AM
Not only ETH is dumping, BTC, LTC and many altcoins experience it too. Though ETH suffer more, one reason is POLO disabled wallet deposit/withdrawals  due to ongoing network instability.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: carlisle1 on June 27, 2017, 09:00:51 AM
Not only ETH is dumping, BTC, LTC and many altcoins experience it too. Though ETH suffer more, one reason is POLO disabled wallet deposit/withdrawals  due to ongoing network instability.
that's right almost all coins have been struggling and falling I think time to buy more of your coins if you believe that there's a lots of chances to push up
again, but in the other hand its still best to keep assessing and keep testing the fall down before placing an entry.


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: shuuk on June 27, 2017, 09:02:43 AM
Some bigs cashing out the rest do panic sell
thats the game

dont sell hold !


Title: Re: WTH ! Why is ETH dropping like a rock?
Post by: endaiin on June 27, 2017, 12:27:31 PM
I don't know why, but i think this is a good time to buy Eth.