Reason behind Etherium price falling

[apur688]

I think the decline in ethereum prices is nothing but the impact of falling bitcoin prices. Bitcoin as the largest altcoin plays an important role in cryptocurrency. When bitcoin prices rise, prices of other altcoins including ethereum also rise. And when the bitcoin price falls, other altcoin prices come down. Apart from bitcoin, the cause of the decline in the price of ethereum is the number of people who dump. So I advise traders to stay in effect when buying altcoins. To keep prices stable. thank you

[trimulia]

breaking news are piece of shit always make the price dump,sure they buy first before make a news about cryptocurreny

[bbc.reporter]

All of you should read the news more because the cryptospace's future is in a delicate situation. Today the USA's SEC will decide if ETH is a illegal security or not. If they say that it is then that will the end of all the cryptospace development in America. Exchanges too will be liable for listing ETH and other tokens categorized as securities.

[merrillolive]

Any currency drops, very few can guess the reason why. Because ETH exists and develops around the world. We can not rely on a small factor to speculate on why ETH decreases. There are many hidden causes within us that can not be predicted.

[Godef]

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.

As and have all other similar coins, and in than their the problem. this uncertainty, they still not very well are worth afloat, and soon all same some of them strongly fall apart.

[creeps]

All of you should read the news more because the cryptospace's future is in a delicate situation. Today the USA's SEC will decide if ETH is a illegal security or not. If they say that it is then that will the end of all the cryptospace development in America. Exchanges too will be liable for listing ETH and other tokens categorized as securities.

If this news is true, this can be the reason why the price of ETH are falling. Well I still believe on ETH and of course it will survive in the long run. This might be a short correction because of FUD news or what but we must remain on the positive side and keep on buying good coins.

[leea-1334]

All of you should read the news more because the cryptospace's future is in a delicate situation. Today the USA's SEC will decide if ETH is a illegal security or not. If they say that it is then that will the end of all the cryptospace development in America. Exchanges too will be liable for listing ETH and other tokens categorized as securities.

If this news is true, this can be the reason why the price of ETH are falling. Well I still believe on ETH and of course it will survive in the long run. This might be a short correction because of FUD news or what but we must remain on the positive side and keep on buying good coins.

ETH is particularly vulnerable to regulations because it is led by founders and have known centralized developers. These are identifiable by authorities unlike Bitcoin where it has no leader. People say ETH is more decentralized because of mining power and nodes are more distributed, but that means quite little when it comes to regulations. Plus all the ERC20 tokens on top of the blockchain, very delicate indeed.

[cannycassiopeia]

Right now, Ethereum price worth is $600 because Bitcoin is also falling down. Correction period is much better than what had happened last first quarter. And even most of the coins are affected of the Bitcoin's price. Full of corrections and all of the coins are based on BTC price are sometimes frustrating. But what can we do if this is the law in market trading. Accept that every coins need to be corrected, just use your trading ability so that it will not affect your investments.

[JCLee]

When you create this topic, then the exchange rate of the entire market is in decline, not ETH alone. The depreciation of ETH at that time was influenced by the negative news as well as the government ban. It is the psychology of investors, and many people panic sell to avoid losses.

[rodel caling]

I think ethereum droping their price in the market because they are affected of bitcoin price slowly goes to increase their price in the market, totally last bitcoin price are in great price level but look at today the price begin to droping again in the coin market cap. So i'm yet checking the ethereum price in the coin market how much they drop again due to bitcoin price dump. But don't worry wait for the right time to increase again their price both to get an great earning in the future before end of the year 2018.

[Blockfolioz]

Though ethereum stands high among the altcoins making path to most of the altcoins developed it has dependence upon bitcoin. In this regard quite often mutual growth happens with bitcoin and ethereum. This will continue even when the price grows much high.

[robynmario]

The reason for the downturn can be a natural accident because the bitcoin value has been dropped. There is no validation reason for this sudden decrease. The blockchain conference"Consensus Conference" in the United States was widely predicted. Probably the reason but I'm not sure about that. However, I am optimistic with predictions from Tom Lee. He thinks that the crypto market value will increase rapidly after the consensus conference.

[Teraboy]

Re reason for etherum price falling is due to the fall in price of bitcoin which affect the crypto currency market presently

the majority of cryptos have fallen and they are all just following the trend of crypto. A big sell off due to the upbit investigation by korea regulators are starting the bearish trend, yesterday another bad news was appearing as central bank of zimbabwe bans all of financial institution related to the crypto.

[BattleZeo]

Why is the price dropping so much right now?

CoinDesk 2018 is proud to present  4th annual blockchain technology summit. I think the reason is that this conference did not meet the expectations of investors. Now everyone is waiting for the fall of cryptocurrencies.

[Paniudto]

Any currency drops, very few can guess the reason why. Because ETH exists and develops around the world. We can not rely on a small factor to speculate on why ETH decreases. There are many hidden causes within us that can not be predicted.

Negatives news with regards to ethereum are the ones bringing the price of ether down but i think it is over now because over the past few weeks we can see ether is going upward.

[fia_naila]

The reasons ethereum fallings are :
1. Whole marketcap is falling remember ethereum is also depend on bitcoin price.
2. Looked like many project cashing out for making the project. And its nor danger.
3. Etheruem has been up very much and its time to price consolidation before taking off again.

[miyaka26]

Corrections and dumps from the last ATH last December that would likely affect the overall cryptocurrencies prices not mentioning the FUD's and negative news that was spread this opening quarter of the year, remember that the price fluctuations are sometimes unpredictable and it is the games of losses and timing, convert to fiat if the bear or a major crash is going to happen then buy the dip when it hits the bottom, profitable if you know the timing that it is kinda hard to hit.

[maarx]

Strength of investors have come down may be. I just heard a news that Ethereum system is upgraded which would cause the value would go down but will boom to the moon down the line after this incident. I would update the news here once i get it with clear and correct information on it. The demand factor has to be even looked at when concerning the price hike and fall.

[blue_nexus15]

Ethereum has had a fairly high price hike and many investors have plunged into buying then the market has fallen and they have sold out a lot as the value of ETH as well as a lot of other coin drops deep. This is a whale's strategy to get money from bad investors, I think the market will rebound in the next few days.

[Sharingjoy]

Any currency drops, very few can guess the reason why. Because ETH exists and develops around the world. We can not rely on a small factor to speculate on why ETH decreases. There are many hidden causes within us that can not be predicted.

Yeah the price will drops due to many hidden factors and the most influential are those whales that want to get their profits.