showbiz111 (OP)
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February 23, 2018, 07:23:01 PM |
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium.  |
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rupesh2
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February 23, 2018, 07:30:29 PM |
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ether price was 0.03 btc few months back then it got stable at 0.05 btc and its ATH in recent months was 0.12btc .
so as per me 0.07 or 0.08 btc is good price for ether if it get stable there .
if you concerned for dollar price then entire market recovering phase , so its ok .
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blacktux88
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February 23, 2018, 08:53:38 PM |
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there is no reason to be shocked of eth price,,, the hole market was going down with the btc fall...
the regulation part is nothing new in cryptocurrecy ..
last yeaer the prices went up at july- august to dezember...
willl be a interessting year 2018
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acorcos
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February 23, 2018, 09:24:12 PM |
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium. I really like panic on a high 4 digit level. Seems like all cryptos are heavily inflating because of hedge funds stepping into the party. |
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Hawker
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February 23, 2018, 09:32:41 PM |
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Today there is a lot of speculation, the market is a bit unstable, but it will be back in a short time.
Ethereum will be$ 2000 this year guys.
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sedou
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February 23, 2018, 09:38:26 PM |
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Ether is doing just fine right now compared to the morning. I do not think it is fluctuating too much considering what is going on in the market and BTC.
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bogacola
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February 23, 2018, 09:59:30 PM |
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That's quite normal given the fact pre-sale buyers are selling right now with x profits. Interest is got to be HUGE to cover that selling pressure, and it just can't be huge this much time after launch.
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marks1976
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February 23, 2018, 10:45:16 PM |
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium. All of ethereum correction caused by the bitcoin itself. As you can see ethereum gets more drop than bitcoin but it looks something good hgive anohter waves to the ethereum itself. Due to the bitcoin transaction fees decreasing a lot and people are thinking it's better than ethereum but they are forgetting about the purpose of etheruem itself to provide future technology rather than the blockchain only for actual payment system. |
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rodskee
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yahoo62278
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February 23, 2018, 10:53:17 PM |
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium. maybe you a have a point or the whales play it to pump and dump because ethereum are now popular and the price become hugable according to your thoughts more projects plan for the etehreum, i think nothing to worried for the etehreum price so what are waiting for because now is the right time to buy ethereum sooner you can earn huge profits if the project plans of every country for the ethereum become succesful all ethereum holder's also become succesful. |
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Yuuto
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February 23, 2018, 11:05:15 PM |
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium. I guess it's because of the slowdown of the ICO hype. Since ETH is the primary platform on which the ICO tokens are issued on, when ICO hype dies off it obviously means that ETH will be less attractive to investors as well. That's just how it works. Also bitcoin dominance has been pretty low, and it's just returning to its normal level. ETH being the second largest crypto has a lot to do with the bitcoin dominance going to all time lows, and now the trend is reversing. Just normal market volatility. Not everything follows past performance. |
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Apened
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February 23, 2018, 11:08:03 PM |
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Why is the price dropping so much right now? The price usually goes with the trend, it can go down or it can go up regards of the outbreak of news. - It usually take upto 3–5 days for bad news or good news to influence the market. If you would do a thorough research you will discover that the news trending now is that many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar) which is a good development for etherium. Reason is volatility and a healthy trend line. If you will going to check closely and conclude that ethereum has a big rise and stay up at 0.1btc per Ethereum before it dumps it is related to bitcoins price a healthy correction that's the most important any coin can stay in a range of price and can dump or pump it depends on its history chart how it goes to that price. Another reason is bitcoins dominance not all the time ethereum can be reversing with price of bitcoins it can resist the dump but not the big pump. |
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crestella
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February 23, 2018, 11:12:37 PM |
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Reason behind ethereum price falling ? The price of ethereum down is not an excuse, it is not usually the first and second, it is a crypto market game where altcoin prices can go up and down every day.
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TwoSides
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February 23, 2018, 11:25:36 PM |
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ETH at $8k rate is still acceptable in my opinion although it dropped so much than BTC in the past few days. We're probably just expecting that it'll go back to $1k rate after the major dip weeks ago. I guess it's because of the slowdown of the ICO hype.
Since ETH is the primary platform on which the ICO tokens are issued on, when ICO hype dies off it obviously means that ETH will be less attractive to investors as well. That's just how it works. Also bitcoin dominance has been pretty low, and it's just returning to its normal level. ETH being the second largest crypto has a lot to do with the bitcoin dominance going to all time lows, and now the trend is reversing.
Just normal market volatility. Not everything follows past performance.
Hope this is the real reason. There's a lot of ICO's here and there and it would be good for it to slow down since some of them only becomes scam afterwards. |
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hosseinimr93
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February 23, 2018, 11:43:08 PM |
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Nothing special is happening. Ethereum price is changing same as other coins. If you look at other coins price change in the past 24 hours, you will see that all coins have fallen. It's the nature of this market. Sometimes all coins fall at the same time.
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Viscera
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February 23, 2018, 11:48:34 PM |
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I have no reason about the entire market dip, But i'm more concern about the satoshi value behind it. Though new comers wants USDT to take price action of Ethereum and other alts. I hope they will shift to Bitcoin satoshi and trade a pair of Ethereum.
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Nick Abimanyu
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February 24, 2018, 12:35:43 AM |
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Globally crypto prices have declined including ethereum. I think the main cause is:
1. The effects of the drop in bitcoin prices,
2. There is its migration process from ethereum users in a particular country, to investing into altcoins that its country publishes, as has been the case in China.
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mhine07
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February 24, 2018, 12:59:47 AM |
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I think that there is no exact reason why etherium price goes down just like in the other altcoins , and not just etherium price is goin down but most of all the altcoins and the bitcoin is in the state of falling down in their values. But i think this is only temporary in all the altcoins in the cryptocurrency world to drops their price. There will be the time that their price will go high again , it only takes patience in it.
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dealung
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February 24, 2018, 02:28:02 AM
Last edit: February 24, 2018, 06:56:35 AM by dealung |
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We do not have to worry about the problem of this decline, bad news or FUD is not useful and will not affect anything anymore. See the future and plan ahead better than now.
Remember Venezuela is building their crypto and pre-sales for Petro is ongoing, this will definitely continue and I hear that Turkey and Iran are planning their crypto.
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Asuka
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CryptoTalk.Org - Get Paid for every Post!
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February 24, 2018, 03:20:04 AM |
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There's no exact reason why Ethereum price is going down, because all altcoins are falling and bitcoin too.
You don't need to worry all alts are dropping not only Ethereum, a few months the value of crypto currency will increase again. Don't panic, just hold and patiently wait.
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vasrasus
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February 24, 2018, 05:02:46 AM |
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There's no exact reason why Ethereum price is going down, because all altcoins are falling and bitcoin too.
You don't need to worry all alts are dropping not only Ethereum, a few months the value of crypto currency will increase again. Don't panic, just hold and patiently wait.
That is normal since it was just recovering and came from a pump, etherium still a good catch so there's nothing to worry, buy more now that its decreasing and we can sell it soon enough. there's a time for them so just have patience. |
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