Ethereum price speculation / reasons for current crash?

[LankaJay]

In recent months most of the ICOs were launched based on ETH and lots of projects were scams. That can be a reason to the price drop of ETH I think.

[Bagaji]

Well, it may take ethereum some time to recover from the current downward trend because so many investors may likely take profit any time they is an increase in the market value of ethereum and that push its value downward in the coming days.

[Koadharber]

Lately we’ve seen a massive crash in Ethereum and most of it’s erc-20 tokens.
The peak price of ethereum was somewhere around the $1500 range, and has fallen below $200 today.
In my opinion This could be an effect of
-the big inflation
-ico’s dumping ethereum, due to lack of funds in fiat

What do you guys think about the bottom price for ethereum and what do you think is the main cause for the recent crash?

Ps: make sure you’re wearing your seatbelts guys because it’s about to get bumpy out there

Have you heard on the news on what vitalik said? I do believe that words is really a big factor on why ETH dump into these price ranges as of todays.Hitting up new lower lows and can possibly dip even more since the market is still bearish plus add up on the fuds and news which can really put prices down.For now we cant do anything but to hold up and don't panic sell instead these are the best time to accumulate when people are on panic.

[StarkInternational]

crash  reason is china regulations. china ban cryptoactivity and 3 000 000 000 $ in crypto activity. and some people lose money.
its not good light for crypto investors. but its only shortterm shock. we can see werry soon new pumps. dont sell with ---

[Apaxy]

crash  reason is china regulations. china ban cryptoactivity and 3 000 000 000 $ in crypto activity. and some people lose money.
its not good light for crypto investors. but its only shortterm shock. we can see werry soon new pumps. dont sell with ---

I can not understand why, if the problem occurs in the crypto-currency market, are the guilty parties immediately looking for in China? In my opinion, despite the different statements of the Chinese government, the crypto-currency market is still developing well in this state.