ETH is now dying, what do you think?

[Yurkov]

Ethereum price is dropping due to ICOs selling their ETHs. It's a cascade effect, hopefully, it will end soon.

For me it is just a period of the moment like other coins have their downs now, etherum is just a alt but thanks to its original technologic things it could surprise us with the price soon, hopefully.

[davisagughalam]

i didnt think ETH would suffer as much as its suffering currently. shows you that nothing is sure in cryptocurrency. even with all the utility and erc20 tokens on the plaltform, guess its not saving it. still a lot of sells crashing the prices. crypto needs a whole new wave of investment. only saving grace.

[Milkymann]

I think now we need to buy all tokens like bitcoin or etherium and all famous altcoins because all tokens on the bottom now.

[tonyosa]

Investors confidence on ethereum is really being tesed right now, it is hitting a lower of the lows even as bitcoin seem to be stable above 6000$, eth merely 250$

[herrzinfakt]

Each coin has it's ups and downs. It's made it this far so I'm sure the prices will go back up again. I mean bitcoin is going down too, doesn't mean it that bitcoin is dying. They are each going through their normal phase. Don't worry too much about it, in the long run it should be fine.

[Hivecool]

I think that we can still be in a state of falling for a long time. I hope that later people will simply get tired of this and they will start buying crypto-currencies. And again, the hype will rise and growth will go x10))

[helen28]

I think that we can still be in a state of falling for a long time. I hope that later people will simply get tired of this and they will start buying crypto-currencies. And again, the hype will rise and growth will go x10))

You are right, after a week or during first week of the following month it will for sure will rise again, that is why we just need to just keep holding what we do have, don't panic as it will just cause stress in our life.

[Tilim@Tilim]

I think that in the future Ethereum will cost no more than $ 300. It is unlikely that we will now see the price of $ 1000.

[jokowo]

Crypto market is been red for last 3 months. Everyone has lost money. What do you think?

I am a person who suffered losses due to the fall of the market over the past few months, but I still try to remain patient and calm to continue to monitor the market. I am currently looking for a gap to recover all my losses. There is still great confidence that this will soon end and return to normal.

[bitcoinmux]

Btc and ethereum never dies at all and according to my opinion the last 6 months was worst time for crypto market and now its time go green because at this moment of every year crypto market will touch the sky and don't worry about it.

[Casey7]

Well, it's alredy recovering today. And if take a look at the cost of ETH a year ago, you can see that it costed $40-$50. So even after the bloodbath it's still 10 times more valuable than a year before. That doesn't look like a reason for panicking for me.

You are right when we compare the price last year, we will see recent price is still much more than last year eventhough after dumping.
It does need to be panick. But sometime, the investor or trader who bought the etherium in high price such as 1000 dollar, of course they will be panick.

[kate.poisonglen]

Ethereum price is dropping due to ICOs selling their ETHs. It's a cascade effect, hopefully, it will end soon.

That's one of the significant reasons. ICOs sell off ether and the price goes down.
According to the following statistics, ~90k eth has been sold by the top 10 ICOs over the last month.

https://sanbase-low.santiment.net/assets/erc20

[legenduim]

I don't think so, ETH can't die. ETH price drops is normal now because bad situations of the market now. When BTC down from $8k to $6k in a week, did you say BTC die?

Ethereum is not going to die. The platform is being improved. Buterin has been working on some changes on it - he wants to make the operations faster. Additionally, here, you can find the information about ETH new hardfork - https://www.youtube.com/watch?v=ttxY924ySxw

[Lilmon]

Well, it's alredy recovering today. And if take a look at the cost of ETH a year ago, you can see that it costed $40-$50. So even after the bloodbath it's still 10 times more valuable than a year before. That doesn't look like a reason for panicking for me.

Yeah but it still has brought losses to a lot of people, remember not everyone invested on ethereum since the beginning, some people even bought right after the moment it began to drop, however I still think that it could recover, of all the cryptocurrencies out there ethereum is the one that looks more polished and proffesional of all.

[wooiuy]

No, I don't think so. I think Ethereum will have a better future. Although the price of Ethereum has dropped a lot now, I think this is the overall development of the encryption market. The price of Ethereum is very low now, and I will continue to invest in this market.

[jeron31]

I don't think ETH is dying. It's just a long correction and in my opinion this period will end soon and we will see growing market again.

[MOG247]

Ethereum needs serious attention to survive in this bear market. Some say, it will rise to its peak in the last quarter of the year and I do hope so.

[cryptotrade007]

Ethereum is very overvalued at this point, and the bigger investors see that, so there is no new money going into it.  There are many upcoming platforms that will do a better job than eth has ever done.  Ethereum was the first, but I don't believe it will be the best in the future.

[ka4ok1331]

I don't think that Ethereum is dying. Everything now has a low price and this does not seem that everything is dying. People just became to pessimistic  about crypto. But I think the feelings should change soon

[FaucetKING]

I don't think that this will be sorted easily, this is a trouble because peoples are afraid, they FOMO and then hard dump their hodlings easily.
Only few will be rich, thats the rule and only true belivers might earn alot and become wealthy, also remember, like btc made alot of peoples rich, it can make alot poor.