Why is Ethereum market value going down?

[LuffyD.Monkey]

I think it is because of Bitcoin price because i think Bitcoin price is impacting all over the market almost all coins are at the lowest price and some ICOs Token are at the loss just because of the down price of bitcoin because all market is depending on bitcoin price that is why Eth and other market is in loss trend,

It is not only the market value of ETH which is falling down now-a-days. In fact, the market value of almost all the crypto coins arefalling and that is because of the decrease in the demand of the crypto coins in the international market and due to the ban of the crypto currencies by most of the countries. We need to pray and hope for a positive change in the market in the coming days.

[South Park]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

it's because the current market conditions are not conducive and many bad news that attack cryptocurrency which eventually a little trading in ethereum which eventually make the volume ethereum to be thinning not only ethereum just seems some coin affected by the reduction of bitcoin price also experienced a reduction in volume trading. hopefully this nightmare does not last long and can make price recovery quickly.

You must prepare yourself and expect the worst, while I will like for the price to recover quickly I cannot see any sign that will happen, the last time there was such a crash after reaching an all time high it took bitcoin years to recover and since most of the market is very dependent on how bitcoin performs then this means that altcoins are going to have a hard time as well.

[BUK2016]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

I don't think that is only FUD that is affecting the value of ethereum but there are factors like government regulatory policy on bitcoin and crypto currency, decline in the value of bitcoin has a major influence on ethereum among others.

[JL421]

It is because of fud many countries have started to ban ico or either have set really tough regulations against ico so because of this all of ico which raised funds are withdrawing it and because of fud investors are also driving away from ethereum which is causing the price to collapse

[manish9841]

Now I also contemplate that the heightened scrutiny in India and Pakistan is also contributing some bad market sentiments. But I firmly believe Ethereum will bounce back soon as things become more apparent and regulated.

[South Park]

It is because of fud many countries have started to ban ico or either have set really tough regulations against ico so because of this all of ico which raised funds are withdrawing it and because of fud investors are also driving away from ethereum which is causing the price to collapse

True, the regulation or banning of icos has affected ethereum the greatest, after all bitcoin does not need icos to sustain its value, while ethereum is completely dependent on new projects getting more and more money to keep its price this is why we are seeing ethereum crashing a lot harder than bitcoin and I think that is going to be the case for a long time.

[Shenzou]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

I think that after the huge pump in price that etehreum had over the past months was due to the popularity of etehreum based ICOs which have been storming the cryptocurrency market and dominated it for weeks, and since recently Facebook and google have banned all the cryptocurrency related ads including ICO advertisements, the ethereum has sufferd from that hit and that what caused the price to go down, but i am pretty sure that soon enough and as the whole market goes up the ethereum will go up with it.

[Anjikbel]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Its up trend again

[velive08]

now the ethereum is already green, and I believe that the present ethereum will continue to increase significantly in the coming months. so we can remain optimistic with the market that has been red.

[manish9841]

Nice that it is trending again. I just read that one of the research paper indicated that Bitcoin is Shariah compliant, meaning that coins and tokens could also be Shariah Compliant effectively. This could potentially have aided in the growth of the market where more Muslim brothers and investors from country such as UAE, Qatar, etc. are able to trade.

Read further in the below link
https://news.bitcoin.com/research-paper-declares-bitcoin-compliant-with-shariah-law/

[so98nn]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Its not the case with onlh ETH but all the alts are witnessing downfall at this moment because they are completely reluctant or say dependent on btc for their growth and whenever it goes down the prices of all the coins go down.Bitcoin has become the base for other currencies as most of them are exchanged in respect to it and transactions being carried over its blockchain.So when it recovers all the alts will go up like Eth also.

[FalcoonRed]

I also do not know the cause of ethereum down because I see the market today almost 40% of its price coins start to rise including bitcoin, but I am surprised when seeing ethereum prices dropped different from other top coins.

[dvillier]

This is all a direct result of methodology. We ought not let the market manage on what we ought to do with our monies. Rather, let us by and large manage how the market ought to be by strategizing keenly too. We ought to perceive the way that the market can support a decent esteem gave we give combined endeavors that assistance its esteem thrive. In the event that all financial specialists know how to wittingly play the diversion simply like in securities exchange, doubtlessly the estimations of digital forms of money will by one means or another balance out. All things considered, I think it is as yet critical to have it managed all together at the cost to extremely well adhere to a protected range.

[bogacola]

Because a lot of people who invested want quick profits and when the price goes down a bit, there's panic selling.

[Lenzie]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Alot of altcoin are dependent on etehreum platform and enable fot some like bounty hunters to earn a bitcoin they will use a conversion of altcoin to ethereum and selling it to bitcoin. This looks like the demand for eth is decreasing and it became just a stepping stone to own a bitcoin. That is why the price is dipping, because of a lot of ICO out there awarding a lot of token to bounty pool.

[k_kuchkarov]

Well, when the whole market so hesitates of course the ETH will also be at it!
It would be strange that if only the ETH would remain unchanged, now the increase is back!

[gabmen]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Alot of altcoin are dependent on etehreum platform and enable fot some like bounty hunters to earn a bitcoin they will use a conversion of altcoin to ethereum and selling it to bitcoin. This looks like the demand for eth is decreasing and it became just a stepping stone to own a bitcoin. That is why the price is dipping, because of a lot of ICO out there awarding a lot of token to bounty pool.

Well you don't have to isolate etherium here as obviously, majority of the market took a plunge first quarter of this year and there seems to be no sign yet of a full recovery. Eth is pretty similar to btc and once the bulls return, eth holders will be thankful they held on.

[Reatim]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Alot of altcoin are dependent on etehreum platform and enable fot some like bounty hunters to earn a bitcoin they will use a conversion of altcoin to ethereum and selling it to bitcoin. This looks like the demand for eth is decreasing and it became just a stepping stone to own a bitcoin. That is why the price is dipping, because of a lot of ICO out there awarding a lot of token to bounty pool.

Well you don't have to isolate etherium here as obviously, majority of the market took a plunge first quarter of this year and there seems to be no sign yet of a full recovery. Eth is pretty similar to btc and once the bulls return, eth holders will be thankful they held on.

Right, everything went down not just Ethereum, and everyone losses a lot of money in the time span. I was so lucky to have exited and sold all my Ethereum as all-time-high but then re-invested with it went into crisis. There are a lot of causes like governments crackdown on ICO and the crypto sphere. But lets say that they can't stop it and lately we have surges but I'm not sure if this is the start of a bull run though.

[Faxmate]

Because a lot of people who invested want quick profits and when the price goes down a bit, there's panic selling.

This one factor really down everything. At one side, people are always starving for the good rates. But when a single fud or bad news came in the market and some people think they may lose their income, got insecure and start selling their coins. Seeing them, these people also make selling at panic. And they are only responsible for the end results in form of dip for that coin.

[ahah]

The market is like this, a wave of plunge, a wave of skyrocketing. Otherwise, why can you make a profit from it? Someone makes money for so long that someone loses money, and people who lose money are always more than those who make money. This is how the market operates.