Ethereum will continue to decline...dont buy Ethereum..

[Mandoy]

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

[Pursuer]

these news sites are very funny!
they wait and wait and wait and when they become absolutely sure about some price movement then they release some useless post.
this is a valuable article that you should've shared: https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36 and it was written before the dip meaning on June 12. also it has pretty good information.
the same news site is just going to release the exact opposite and call it a good investment if the price goes up again.

also don't post altcoin related stuff in the main board. here is bitcoin discussion.

[gribble]

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

That is just analisys technical for ethereum's price, it will be right and wrong no one know about the future
even the bitcoins has issue on the block size and still not be fixed by ecosystem,
the most important for you, please read carefully before made new thread, you have made this thread on wrong section
Please move it on altcoins discussion, it will be better than on bitcoins discussion.

[Heartilly]

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

Possibility of that to happen is possible although at the end of the day, that is a self technical analysis. But we aren't erasing the fact that it has chance to happened. Isn't it nice to have Etherium crashed some more? There are latecomers who didn't able to join the ride starting from BTC0.02 to BTC0.05 to BTC0.07 and so on.

Feel bad to those who bought at BTC0.12 above. I wonder if they will minimize their losses or will continue hold and expect that the price will bounce back again in short time.

[piloder]

Price of ETH was corrected after a huge price rally and I think that is normal. However 0.10-0.12BTC is now new floor for ETH. I have actually some buy orders at those regions, with all the feature and latest attention ethereum have gained suggests a bigger pump for ETH is around the corner.

[David Horton]

I personally wouldn't say investing in Ethereum is actually a bad move even if the value is slowly declining, that's is how the market goes. Investing in Ethereum for me is actually the best move, the price decline wouldn't be a permanent thing, surely the value will start going up again and reach new all-time highs

[Cruxer]

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value.

i dont think this is main reason, i think reason is:
- ethereum is inflation token not deflation
- ethereum is too coplicated to be able to work correctly, every month there are bugs that cause ethereum network to go down almost
- ethereum is ruled by 1 man and 1 man can destroy it forced by someone else

[JL95]

I also do not buy Ehtereum, i think its a bubble.

[Netnox]

Only a small part of the Ethereum market cap is being actively traded. Some large holders are keeping a very significant portion of the ETH in their cold storage. When they decides to dump these coins, the exchange prices are going to crash like crazy.

[talkbitcoin]

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value.

i dont think this is main reason, i think reason is:
- ethereum is inflation token not deflation
- ethereum is too coplicated to be able to work correctly, every month there are bugs that cause ethereum network to go down almost
- ethereum is ruled by 1 man and 1 man can destroy it forced by someone else

all true but apart from that as far as investment is concerned ethereum is obviously in a bubble because it went up a lot and fast without any reason. and the current price is a lot higher than the real intrinsic value of it.
also it has all the ICOs on it which will soon lead to a bigger crash. because simply these developers would want to take that money out and it will cause a big sell pressure.

[starmman]

I've put my buy orders in at 0.06 - not sure if it will drop that low - but I personally don't perceive the value to be higher than that.

[Dikobit]

At least ETH tech is usefull and tested, i don't know about the coin itself but i still think it will reach the 1k mark

[talkbitcoin]

At least ETH tech is usefull and tested, i don't know about the coin itself but i still think it will reach the 1k mark

as your first and only post you have decided to make a very misinformed comment.
the code may have been tested a little bit but it is neither useful nor without a lot of bugs.

the smart contract part has proven to be very bad and easy to exploit, DAO and a couple of others have proven this already.

the cryptocurrency part has also proven to be very bad with the high fees (nearly as high as bitcoin fees) without any backlog, and also with the recent failures of the blockchain.

and the price part is the craze coming from ICO investments and that won't last forever.

[Sidas_Crew669]

Well basically, indeed to become a best technology then it must be the existence of a corresponding turnaround. For if we can't do something well then the turnaround in the future could have happened a great loss, but it's all too dependent on growth. basically indeed ethereum has risk of loss, but if you look at all the things that exist in it then it is a great advantage would surely you can get
 

[renes]

Ethereum is not declining normally. Just a day ago someone sell his thousands of eth and so it declined normally.

[taner32]

my opinion is dont believe the news or gossip, they are telling some truth some lie.

by the way dont believe and you will be suspect, is it true or it will be ? searching news, asking people on the bitcointalk, ask questions from twitter. 

[Red-Apple]

the first and most important factor in trading or investing is timing. ethereum and a lot of other altcoins were good to invest in at some point, then they were all pumped each from 100% to 1000% and made those early investors rich.
those who have an excellent timing have already gotten out on top.

the only people remaining are those newbies who bought on top and are losing profit day by day and also those who are shorting ether or generally speaking the day traders.

[giveen]

This utter nonsense this is surely done to create commotion in the market so that people keep on selling and price falls. The price of eth is surely under attack but it is surely not going to go below 300$ and the price falling is a sign to purchase now and sell later not that eth is going to crash. Stop following fake sites.

[Adelajda]

i dont think this is main reason, i think reason is:
- ethereum is inflation token not deflation
- ethereum is too coplicated to be able to work correctly, every month there are bugs that cause ethereum network to go down almost
- ethereum is ruled by 1 man and 1 man can destroy it forced by someone else

I do accept everything what you said here,it is controlled by a single man and he determines everything about ETH and it has bugs and a major bug could dent the entire network and crash the entire network,so there are risks involved but till now it is good.

[Mandoy]

I also do not buy Ehtereum, i think its a bubble.

Just like bitcoin and other cryptocurrencies Ethereum also experiences a bubble and that article just stated that if Ethereum loses grip of the 330$ value it will continue to decline. But after seeing the charts lately Ethereum has made it back to over 330$ and it has already become stable. This is a sign that the bubble had stopped and we will see another increase in value in the coming months. But let us just be careful since a bubble may hit Ethereum again since. But investing in Ethereum is ones decision, the articles are just our guides but it is not the truth of all.