ETH!!

[anylic]

This is a general indication of the whole market, and the market will soon recover. Please keep your assets safe and wait until the right moment

[ChinkyEyes]

It will rise in the future, because crypto newbs know only btc and eth because of mainstream media.

[HongKong]

It will rise in the future, because crypto newbs know only btc and eth because of mainstream media.

Eventually is one of the terms that the holders will use when they hope that people will make the price of their coin go higher than it is right now. I really do think that the price of Ethereum will increase in value, if the main dev keeps going on the mainstream media and hyping his coin then the price of it will increase. With Bitcoin as a competitor it would be pretty tough for it to be #1.

[tigerwood0432]

Don t panic bro , just be patient and hold = it will go up again

[hase0278]

Suddenly ETH is big dump but now slowly pumping.In this month most probably not big pumping I think.

I don't think that ETH would recover easily anytime soon, because of the hacks that have happened where user's balance is disappearing, so it would take at least a month or two before things recover. Also, big ICO's are converting into fiat now according to cointelegraph.

[dennyd999]

Suddenly ETH is big dump but now slowly pumping.In this month most probably not big pumping I think.

I don't think that ETH would recover easily anytime soon, because of the hacks that have happened where user's balance is disappearing, so it would take at least a month or two before things recover. Also, big ICO's are converting into fiat now according to cointelegraph.

Now every coin is converted to cash..its summer time..its normal..I also converted before my hollidays.  After 1 of August Bitcoin Segwit,Ethereum Metropolis will come.

Noone will ruin to zero so profitable thing like ETH or other projects. It is against the rules of game theory aka cryptoeconomic.

[prehisto]

Eth is going down & down!
I am so afraid
Can it grow up in this month?
any possibility?

I am not currently holding ETH but I am interested in it and will definitely buy it.

In my mind right now it is "correcting itself " after last big bump and at the moment there is no reason why it should go down more.
This possibly is the time to stock up on it. My prediction that it will stay at the same level for some time till its going up again.

Definitely not the time to sell.
 

If you think about the evolution of cryptocurrencies,  all of the coins are yet very young and have a long time to live. It is a correction or you may call it a panic selling. So holding them would be a best idea right now and it applies to all of the top altcoins.

I agree and with "correcting itself "  I was thinking that one of the reasons price was dropping from high of  28th, 29th of June  is that the short term profit junkies were selling and also the 1st of August now could be a factor . Also in my mind  ~ 200   is something like a psychological barrier where it will be for a while.

[ActiveP]

Is there a correlation between the price of eth and bitcoin? It seems like every time bitcoin drops, eth dips too. I am not sure about other coins as I am invested in these two. Would it be wise to sell off my eth and just hold bitcoins? It keeps trying to go over $200 but keeps flailing.

The price may drop further, I see eth predictions as low as $120, this will be bearish for a while yet, and recovery will wait until bitcoins gains traction. If bitcoin dips further, expect sub $80 eth.

[dimanyc]

This could be the reason for today's decline: https://cointelegraph.com/news/tezos-232-mln-ico-sparks-fresh-fears-for-ethereum-sell-off

[prehisto]

Is there a correlation between the price of eth and bitcoin? It seems like every time bitcoin drops, eth dips too. I am not sure about other coins as I am invested in these two. Would it be wise to sell off my eth and just hold bitcoins? It keeps trying to go over $200 but keeps flailing.

The price may drop further, I see eth predictions as low as $120, this will be bearish for a while yet, and recovery will wait until bitcoins gains traction. If bitcoin dips further, expect sub $80 eth.

I am closely monitoring ETH, BTC and litecoin. It seems that they have strong correlation , they grow and drop simultaneously .
My opinion is that they should not have any technical link but simply BITCOIN is "golden benchmark" in crypto currency world . That is if BTC is dropping than investors are certain that everything else will drop and are selling other currencies as well.

On other hand I myself do not like this logic because it would be rational to go from one currency to another if something is seemingly wrong with the first one.
But what kind of explanation is there?

P.s. Thinking of making graph analysis and starting new thread at some point

[Ahimoth]

Suddenly ETH is big dump but now slowly pumping.In this month most probably not big pumping I think.

I don't think that ETH would recover easily anytime soon, because of the hacks that have happened where user's balance is disappearing, so it would take at least a month or two before things recover. Also, big ICO's are converting into fiat now according to cointelegraph.

Yes it is. They're now converting into fiat to make every pieces of their coins safe as the activation is approaching.
But I'm quite sure eth will recover soon as the exchange is recovering. Just hold our coins tight and wait for its pump this coming month.
For sure dev has something up for this.