Ethereum drastic decline

[Blamsud]

All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.

Ethereum is not worthless and I wonder where some of you simply get your assumption from. Market can be in a downtrend, shit can happen, there will always be manipulators, Ethereum is not the only coin going down fast, it could be for any reason with most of it tending towards speculation, but for what it is worth, there are still very good projects present on the Ethereum blockchain and all these are just some excuses people cook up to explain to themselves the reason for the downtrend.

I never doubt ETH, its a platform that every crypto users can be used to develop their ideas and give ease in their transactions. ETH might be in drops now but who knows later when the market recovers it might reach amount we didn't expect it to be. It's just all altcoins were being tested now by the market.

[santosummer]

ETH is back on track today. After Vitalik Buterin post in twitter to clarify his words, the value of the market has improved very rapidly. With that information, I think ETH will quickly return to its position. it's special now

[Soroskatona]

Eh, the demand has decreased hugely.
Scammy ICOs might be one cause. But its more that ICOs are in general, useless. Only a few is useful for anything. I'm not surprised that the market is doing so poorly.

[kamilah147]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

the decline in eth is commonly felt because the decline in frequency often occurs, until sometimes many of our friends feel panicked. because of seeing the current conditions. then we also hope that eth will rise again.