Why is Eth value dropped now?

[boomshakalaka11]

Is it because Ethereum's limited capacity?

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[Ctn]

Is it because Ethereum's limited capacity?

I see big pump on the way.
But, its true that ETH is really struggling with network scaling issues right now.

Since two weeks or so ETH transactions are increased so much and the network congestion continues to suspend these transaction and making them pending for over 24 hours and more time!

This is nightmare for the ETH, and if there is nothing they can do about its scalability issue then ETH gonna get suffer a lot in the future.

[boomshakalaka11]

Is it because Ethereum's limited capacity?

I see big pump on the way.
But, its true that ETH is really struggling with network scaling issues right now.

Since two weeks or so ETH transactions are increased so much and the network congestion continues to suspend these transaction and making them pending for over 24 hours and more time!

This is nightmare for the ETH, and if there is nothing they can do about its scalability issue then ETH gonna get suffer a lot in the future.

Big pump...Scared me...

Scaling is actually a big problem for all blockchain projects, not only ETH.

I saw many projects unable to withdraw their altcoins now due to ETH network congestion, the problem is severe now and I agree with you that they need to provide with solution asap, otherwise they will suffer a lot.

[febrian1705]

decline occurs not only eth but almost all coin is experiencing a period of less stable.
it's time for investment instead of selling

[Lala Sravan]

Ethereum was down because of Bitcoin was dropped. Presently cryptocurrency market in Red so all the Altcoins down. It’s not only Ethereum. But it will recover soon.

[batang_bitcoin]

Are you sure that you see the market of ETH now dropping?

Maybe you are wrong and you've been looking to the past months chart of ethereum? I see there's a nice pump for ETH couple of days until today and this is because the market is getting healthier again.

Bitcoin is pumping so it is part of it too.

I saw many projects unable to withdraw their altcoins now due to ETH network congestion

Are you new to this network congestion?

[boomshakalaka11]

Are you sure that you see the market of ETH now dropping?

Maybe you are wrong and you've been looking to the past months chart of ethereum? I see there's a nice pump for ETH couple of days until today and this is because the market is getting healthier again.

Bitcoin is pumping so it is part of it too.

I saw many projects unable to withdraw their altcoins now due to ETH network congestion

Are you new to this network congestion?

Yes I am new...Does it happen frequently?

[StevenPop]

The reason for the drop in the price of ethereum is because the price of bitcoin is dropping. When the price of bitcoin drops it affects the price of all of the altcoins in the market and ethereum is no exception from this. Considering how prices are dropping now, I think ethereum is holding up pretty well compared to others

[AssassinCreed]

As a newbie, I can understand this question. I just want to say that you should be familiar with the market and understand the history of this industry. This will be of great help to you. I believe that when you understand all this. You will become a qualified investor.

[batang_bitcoin]

Are you sure that you see the market of ETH now dropping?

Maybe you are wrong and you've been looking to the past months chart of ethereum? I see there's a nice pump for ETH couple of days until today and this is because the market is getting healthier again.

Bitcoin is pumping so it is part of it too.

I saw many projects unable to withdraw their altcoins now due to ETH network congestion

Are you new to this network congestion?

Yes I am new...Does it happen frequently?

Not really happening frequently.

If there are too many transactions, there is network traffic that makes the transactions congested. It also happens to bitcoin.

[Lagduf]

Is it because Ethereum's limited capacity?

Another drop right now just to follow what has already happened with bitcoin. The bitcoin is getting a little bit decrease and i guess it will come back later. But what do you mean about ethereum's limited capasity? The only reason all of cryptos are following bitcoin. When it was getting a little drop and it will give a lot of impact to the market.

[dobol]

Is it because Ethereum's limited capacity?

Another drop right now just to follow what has already happened with bitcoin. The bitcoin is getting a little bit decrease and i guess it will come back later. But what do you mean about ethereum's limited capasity? The only reason all of cryptos are following bitcoin. When it was getting a little drop and it will give a lot of impact to the market.

I think that's not entirely true, because there are some opposite coins, there are certain aspects that affect the price of ethereum, like some news that happened a few hours ago

[Chiidynno]

I guess it's because of economic demand

[zerocashdev]

As you could notice all the coins are losing in value so do not be surprised, it is better to think how to invest at a favorable price of a coin 

[askmecrypto]

Is it because Ethereum's limited capacity?

I see big pump on the way.
But, its true that ETH is really struggling with network scaling issues right now.

Since two weeks or so ETH transactions are increased so much and the network congestion continues to suspend these transaction and making them pending for over 24 hours and more time!

This is nightmare for the ETH, and if there is nothing they can do about its scalability issue then ETH gonna get suffer a lot in the future.

They are coming up with sharding for that. I personally believe a lot in Ethereum, there are a lot many rivals who claim that they are better then Ethereum, however, none of them have proved there worth and existance in real world usage.

Sharding, moving to POS, casper, things are coming and ETH will be jumping back above $1K soon. Thats all my assumptions, always DYOR.

[RedzoneASE]

Is it because Ethereum's limited capacity?

No, I don't think it is the case. The market volume is really low for all coins. It is not just ETH has limited capacity but the market as well. Even if a coins potential is high but in a bearish trend I think all could be affected.

[Sebas.tian]

Is it because Ethereum's limited capacity?

I would say it is normal market trend as all cryptocurrencies have been bearish until now. Though ETH's value had been more affected now because of network saturation due to these massive airdrops lately.

[xenosaga]

Is it because Ethereum's limited capacity?

I see big pump on the way.
But, its true that ETH is really struggling with network scaling issues right now.

Since two weeks or so ETH transactions are increased so much and the network congestion continues to suspend these transaction and making them pending for over 24 hours and more time!

This is nightmare for the ETH, and if there is nothing they can do about its scalability issue then ETH gonna get suffer a lot in the future.

I've been hearing a lot of noise that ETH is not a good coin and it's value is actually empty. I don't think so but when a legendary members puts it that way I can't help but get emotionally dragged.

[Colin Memfis]

for me the reason for the drop in the price could be an increase in the commission when converting (today in the news I read), but maybe I'm wrong.
in any case, I think it will not last long

[Hero of Legendary]

if the situation is leading you into a panic stage you should not let yourself be on that situation but you must see how big opportunity is the situation now for you to have an eth in your bag.