Adriandmen (OP)
Sr. Member
Offline
Activity: 292
Merit: 251
Telegram: @Adriandmen
|
|
June 28, 2016, 01:53:36 PM |
|
Looking at the graphs, it seems that ETH is dropping rapidly.
Why is that?
|
|
|
|
tokeweed
Legendary
Offline
Activity: 4116
Merit: 1459
Life, Love and Laughter...
|
|
June 28, 2016, 02:04:47 PM |
|
It's no surprise really. The DAO was attacked and lost quite a lot of ETH funds. I'm more suprised as to why the price has not fallen even more right after the attack. But a lot of people (me included) speculate that it's the insiders of Ethereum that are trying to support and maintain the price after the big recent dump. And they should in order to protect their whole investment in the platform. But how long could that really last? I mentioned a possible short opportunity coming just a while ago in this thread https://bitcointalk.org/index.php?topic=1045967.msg15394832#msg15394832
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
haendehochueberfall
|
|
June 28, 2016, 02:30:50 PM |
|
Looking at the graphs, it seems that ETH is dropping rapidly.
Why is that?
It's because price would already be through the basement if it wasn't supported artificially after the last dump (look at the unnatural sideways -action with no volatility of last week). The marketmanipulation was obvious and now is maybe coming to an end. Sorry for your loss. If you didn't identify the market as heavily rigged you shouldn't trade alts. Still time to get an exit ...
|
|
|
|
Dank Frank
Sr. Member
Offline
Activity: 406
Merit: 250
Too Weird to Live. Too Rare to Die...
|
|
June 28, 2016, 02:49:05 PM |
|
And lots of alt coins drops when btc rises. I wonder where eth will be in a few weeks...
|
|
|
|
SmirkinPepe
Member
Offline
Activity: 84
Merit: 10
|
|
June 28, 2016, 02:51:49 PM |
|
|
|
|
|
vlom
Legendary
Offline
Activity: 1498
Merit: 1117
|
|
June 28, 2016, 03:07:44 PM |
|
Looking at the graphs, it seems that ETH is dropping rapidly.
Why is that?
It's because price would already be through the basement if it wasn't supported artificially after the last dump (look at the unnatural sideways -action with no volatility of last week). The marketmanipulation was obvious and now is maybe coming to an end. Sorry for your loss. If you didn't identify the market as heavily rigged you shouldn't trade alts. Still time to get an exit ... eth is really moving strange during the last weeks. if you don't have time to make your own investigations then it is better to stay out. fortunately i was able to sell at good price and now i am just holding and forgetting about the rest on my eth.
|
|
|
|
freshman777
|
|
June 28, 2016, 03:16:33 PM |
|
Hot money exiting ETH, jumping on NXT, NEM.
|
ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
|
|
|
jjacob
Legendary
Offline
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
|
|
June 28, 2016, 03:18:36 PM |
|
And lots of alt coins drops when btc rises. I wonder where eth will be in a few weeks...
We know that this is not the case with ETH. Both BTC and ETH had a bull run some time back. Plus bitcoin isn't rising rapidly now.
|
|
|
|
Ayers
Legendary
Offline
Activity: 2786
Merit: 1024
Vave.com - Crypto Casino
|
|
June 28, 2016, 03:20:46 PM |
|
so for you 0.002 drop is "dropping rapidly" lol, isn't it just 10%, to me it look like a market activity, it is dumping after buying cheap when the dao made the price crash to a very low level, i don't remember if it was 0.0014 or lower
|
|
|
|
jjacob
Legendary
Offline
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
|
|
June 28, 2016, 03:29:24 PM |
|
so for you 0.002 drop is "dropping rapidly" lol, isn't it just 10%, to me it look like a market activity, it is dumping after buying cheap when the dao made the price crash to a very low level, i don't remember if it was 0.0014 or lower
An 8% drop does look out of place when Bitcoin has moved in the opposite direction (+2%). More than profit booking, I think the drop has something to do with the softfork being debated.
|
|
|
|
Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
|
|
June 28, 2016, 04:01:42 PM |
|
We all know it's useless and we all know people are in it for profit. So it has to have up's & down's and in this case it also has extreme manipulation. We all see it !
SO i think it has more to do with what the do the manipulators want to do ? Users follow along whales eating crumbs.. you are irrelevant.
If the big guys want slaughter the cow to eat it they will. But it's more profitable to drag it out as long as possible with random DUMPING.
They are making a monumental fortune on this ICO scheme.. while you all do the work defending it for the crumbs they throw at your feet. You better hope you support of ETH is a wise & healthy decision for yourself and all of Crypto !
Selling out for chump change profits is not too classy guys. ..or smart.
|
FUD first & ask questions later™
|
|
|
|
starswper
Full Member
Offline
Activity: 196
Merit: 100
Hillary For President.
|
|
June 28, 2016, 05:09:39 PM |
|
People are selling eth to get into other ico sales.
|
Trump=Death
|
|
|
Adriandmen (OP)
Sr. Member
Offline
Activity: 292
Merit: 251
Telegram: @Adriandmen
|
|
June 28, 2016, 05:51:16 PM |
|
Looking at the graphs, it seems that ETH is dropping rapidly.
Why is that?
It's because price would already be through the basement if it wasn't supported artificially after the last dump (look at the unnatural sideways -action with no volatility of last week). The marketmanipulation was obvious and now is maybe coming to an end. Sorry for your loss. If you didn't identify the market as heavily rigged you shouldn't trade alts. Still time to get an exit ... I didn't buy any ETH, so I am not affected by this. I was just wondering why it dropped.
|
|
|
|
mikeymg2
Newbie
Offline
Activity: 7
Merit: 0
|
|
June 28, 2016, 05:53:19 PM |
|
ETHXIT
lol. you want to trust an unproven platform or one that's innovating and learning from its mistakes? thanks for the buy opportunity, kids.
|
|
|
|
Azael
|
|
June 28, 2016, 05:55:13 PM |
|
Might be a hard fork coming. And coins that have done hard forks have historically had their prices hammered. Sadly.
|
twitter.com/erikledgers
|
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
June 28, 2016, 07:14:47 PM |
|
Messing up the soft fork does seem pretty amatuer hour.
I am amazed that so many people are happy to invest large amounts of money in something that is consistently being shown to be flawed and/or a scam.
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
|
June 28, 2016, 07:18:06 PM |
|
It's no surprise really. The DAO was attacked and lost quite a lot of ETH funds. I'm more suprised as to why the price has not fallen even more right after the attack. But a lot of people (me included) speculate that it's the insiders of Ethereum that are trying to support and maintain the price after the big recent dump. And they should in order to protect their whole investment in the platform. But how long could that really last? Ah, the Polowhale. That entity can't be doing too healthily. Messing up the soft fork does seem pretty amatuer hour.
I am amazed that so many people are happy to invest large amounts of money in something that is consistently being shown to be flawed and/or a scam.
It's laughably amateur, but only the slow decay of price will break the spell for some folk.
|
|
|
|
happycamper
Newbie
Offline
Activity: 30
Merit: 0
|
|
June 28, 2016, 07:19:24 PM |
|
|
|
|
|
Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
|
|
June 28, 2016, 07:31:02 PM |
|
ETHXIT
lol. you want to trust an unproven platform or one that's innovating and learning from its mistakes? thanks for the buy opportunity, kids.well.. LOL We know who is laughing.. V. Butterin (after he said he dumped on you all before) Trust Of Ethereum ? Now i am the one laughing Innovation Where ? name one. platform For what ? profit ? I thought we were here for currencies. ( not scammy ICO schemes) learning from its mistakes Who is ? ..Seems they are NOT learning to me. thanks for the buy opportunity, kids Ya sure no problem.. your welcome.. moar cheap coinz 4 U nom nom nom hodl babies Let me know how that works out for you all
|
FUD first & ask questions later™
|
|
|
|