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Author Topic: Why the Ether will drop to $ 60  (Read 3234 times)
sirohige
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November 25, 2018, 08:16:35 AM
 #421

this is all possible because the influence of the bitcoin price movements that fell so deeply that it made a lot of coin falls also included ethereum prices which seemed to be affected by the collapse of bitcoin prices.
Igor.J
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November 25, 2018, 08:24:49 AM
 #422

While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
Because it is its real value, not taking into account the promotion and demand of investors. This is a naked price, depending only on its development.

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November 25, 2018, 09:05:29 AM
 #423

This is definitely one of the reasons why eth has gone that far. It should have been for different currency so that it won't be that eth all the while. Too bad for eth and the whole platform based on that as they will try to pull all of them.
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November 25, 2018, 09:12:07 AM
 #424

If we look closely at all the information about Ethereum, then we should know that the main value of Ethereum comes from investing in ICO projects, and the ICO market is getting worse due to too many scams. As investors no longer trust the ICO market, the Ethereum purchase rate will also decline!

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pieppiep
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November 25, 2018, 09:20:10 AM
 #425

yes of course that could happen because this price movement depends on the demand in the exchange, when the exchange conditions have price movements like this can also make ethereum prices fall to the price of $ 60.
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November 25, 2018, 09:33:40 AM
 #426

ETH can reach this price level. Everything is dictated by the market and bitcoin. Now many have lost faith in the cryptocurrency, but it will take a year or two and this rise is sure to happen again

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November 30, 2018, 11:18:41 AM
 #427

I don't have any reason that this ethereum will have a drastic decline back to $60 and OP has no basis to prove with his statement it's just a pure guess. Yeah Ethereum has been down but this will not go down to $60. Indeed ethereum has real product that been utilized by many projects.

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