Why Etherium price is decreasing day by day ?

[vyombly]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

[yelllowsin]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

I believe because of The DAO hack. The ETH community hasnt decided to hard fork it yet, till a decision is done i don't see it recovering. And if they don't fork the damn thing i guess it is as bad as doing nothing because it affects ETH price directly.

[RicSpag]

The future expectations for Ethereum from their supporters is that it is the perfect time to buy and that it will go back up again. And some who believe that it will be dead in awhile.

[SameFaces]

It is because of its hack, and I think it will continue for a few months and people will now never adopt it until they find a proof of its full security.

[greentea]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

The DAO hack shattered confidence in the ETH platform and Solidity.

Articles such as this came out, exposing security issues in the language.

http://nakamotoinstitute.org/mempool/ethereum-is-doomed/

https://blog.blockstack.org/solar-storm-a-serious-security-exploit-with-ethereum-not-just-the-dao-a03d797d98fa#.tpgclo8x7

Don't know exactly what the future holds for ETH, this is crypto ... maybe it recovers or maybe not

[bones261]

     Due to the nature of the DAO attack, which demonstrated a recursive call vulnerability in the Solidarity language for the EVM, is why the price is tumbling. They tried to blacklist the Child Dao that drained the DAO of over 3 million Ether with the soft fork. They quickly discovered that the soft fork was vulnerable to an attack, where the DAO attacker could basically flood the network with calls that would have the miners producing empty blocks for days or weeks. So they had to give up on the soft fork. This has caused an additional fall in price as investors lose confidence in the Ethereum Foundation's ability to solve the DAO attack problem. Right now, the only option appears to be a hard fork. The hard fork option is somewhat unpopular. This also has contributed to Ethereum's downfall in the markets.
     The only hope that Ethereum will ever have is if it can be demonstrated that a secure smart contract, that is complex, can actually be programmed and run on the EVM. Some think that that the Solidarity language running on the EVM is too flawed to ever function as an economical and secure way to run DAPPS and smart contracts on a distributed, decentralized network.

[dancing altcoin shiva]

It has a real chance to go to zero, that's why.

[The Sceptical Chymist]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

I believe because of The DAO hack. The ETH community hasnt decided to hard fork it yet, till a decision is done i don't see it recovering. And if they don't fork the damn thing i guess it is as bad as doing nothing because it affects ETH price directly.

Even though I don't understand the technicalities of it, I do believe that's exactly it.  Not to mention that to many eth is just another shitty shitcoin.  I suspect it's going to rebound because of community support but it's definitely in a precarious situation.

[dancing altcoin shiva]

They are deamed if they do and deamed if they don't. Between a rock and a hard place.
Vitalik should not have pumped it with the developement fund.

[r0ach]

It has a real chance to go to zero, that's why.

^ This.  Eth was just a banker backed scheme to try and co-opt Bitcoin in the first place.  It really deserves to die anyway.

[smooth]

     Due to the nature of the DAO attack, which demonstrated a recursive call vulnerability in the Solidarity language for the EVM, is why the price is tumbling. They tried to blacklist the Child Dao that drained the DAO of over 3 million Ether with the soft fork. They quickly discovered that the soft fork was vulnerable to an attack, where the DAO attacker could basically flood the network with calls that would have the miners producing empty blocks for days or weeks. So they had to give up on the soft fork. This has caused an additional fall in price as investors lose confidence in the Ethereum Foundation's ability to solve the DAO attack problem. Right now, the only option appears to be a hard fork. The hard fork option is somewhat unpopular. This also has contributed to Ethereum's downfall in the markets.
     The only hope that Ethereum will ever have is if it can be demonstrated that a secure smart contract, that is complex, can actually be programmed and run on the EVM. Some think that that the Solidarity language running on the EVM is too flawed to ever function as an economical and secure way to run DAPPS and smart contracts on a distributed, decentralized network.

So bottom line is that after two years they are, at best, more or less at square one. No surprise the price is dropping.

[bitbollo]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

probably some funds come back in the bitcoin capitalization !
in the past I have seen a lot of movement between LTC DOGE and BTC,
or even any coin (DASH e.g.) with a good cap.
we are next to the halving so probably (with DAO HACK) this is another reason why price decrease.

[Carlsen]

I've been watching that deacrease for a few days, and now and thinking about investing a little in ether.
The hack is one thing that pulled the price down, but the coming halving is another one.
I'm sure a lot of people bet on a price increase on bitcoin side and therefore selling their ether.
By the way, I don't think that halving be good for bitcoin price...

[SmirkinPepe]

Wonder who will dare to launch the next big smart contract project on the ETH chain...

Also is ETH the most mispelled alt-coin ever?

[HarryKPeters]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

I am sure it is of the soft fork.
They did manipulate the price of ETH and the DAO last week by pumping it.

But let's be real, if you are an holder and you know about decentralization, would you trust ETH now?

[Carlsen]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

I am sure it is of the soft fork.
They did manipulate the price of ETH and the DAO last week by pumping it.

But let's be real, if you are an holder and you know about decentralization, would you trust ETH now?

From all I have read today, they have stopped the soft fork plan and moved on in doing a hard fork.
Does anybody know when this is going to take place?

[Nxtblg]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

As prior posters have noted, it's fallout from The DAO hack sinking in. Both fell at the time, but ETH was essentially bailed out by Bitcoin's pump; that muffled its fall in fiat terms. To be honest, I was wondering why it held at ~$12 until today.

Just goes to show you, some bad news (news with bad implications over a longer term) is only partially priced into the market when it spreads.

[Nxtblg]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

I am sure it is of the soft fork.
They did manipulate the price of ETH and the DAO last week by pumping it.

But let's be real, if you are an holder and you know about decentralization, would you trust ETH now?

From all I have read today, they have stopped the soft fork plan and moved on in doing a hard fork.
Does anybody know when this is going to take place?

From what I've read, there's no definite date. You'll prolly read about it first at the Ethereum subreddit.

[raphma]

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

.. why it held at ~$12 until today.

in my opinion, manipulation. eth price dumped hard to 0.014 in one day(hack day) and a few days later had almost a 100% recover. to me, that's was a fake pump to whales get out eth.

now it can die in peace.

[Yakamoto]

I'm going to be completely honest right now; there is a small, small chance that Ethereum will be able to recover from the hack. The community that exists right now is more or less going to be the community it will have for the rest of its lifespan, and that's because those who are still here are the ones that have confidence in it after all the events over the past two months.

I am not trying to spread FUD, but when a crypto gets hacked at the network level, where control is basically lost, it typically collapses due to people leaving and the loss of trust completely. If you can name a crypto that has recovered from a hack that was as in-depth as this one and managed to walk out relatively unscathed, I'd like to read about it.