Why is Eth value dropped now?

[cryptovet2020]

When we get price falls like this, a lot of people get frightened, especially if they haven't been through one of these volatile crypto cycles before. Those who bought near the recent top will be feeling particularly bad. Many will cave into their fear and sell. In my old line of work - psychology - there is a saying: when you feel bad you make bad decisions. A lot of people are making bad decisions right now and that is putting a lot of downward pressure on prices - more than there has ever been probably.

Having said all that, the market has never been as large or as liquid (sic), and we had a good week so far, if If the uptrend is maintained we can be in the presence of an imminent recovery.

[cahkalem]

Is it because Ethereum's limited capacity?

a classic reason on eth is with their network,
when he network have an issue, this will make the price down
i think this is the main reason mate

[Mame89]

Just wait for time and be patient still hold your asset because bitcoin has started to move up and the thing that usually happens is eth will follow the movement.

[Kartika1]

well it was quite odd since bitcoin was rising for a past few days, lets hope it's gonna ride bitcoin rise next days

[Johnzky]

Is it because Ethereum's limited capacity?

Dont be specific about dumping coins because even bitcoin the number one cryptocurrency has been dropping together with all coins,if there were some whos growing is those coins that has been manipulated by whales.

Dont worry because there will come that prices will grow like ethereum and many other coins that has good potential

[balfouri]

Not only ethereum valued price was drop but most  of the altcoins will dropped too.We must wait until the currencies will rise again.

[Dissident991]

Is it because Ethereum's limited capacity?

Firstly, because Ethereum has inflation model. Secondly, it is too many collected eth during ICOs, this projects sold their eth, for example only EOS sold hundreds of thousands ETH for couple of months. Thirdly, the problem of  scalability has still not been solved.

[arikassuja]

I think the value of ethereum falls because ethereum may be affected by the bitcoin price condition and is affected by the total supply held by ethereum, if the bitcoin price drops, all cryptocurrencies will also drop and ethereum also has unlimited supply so it will be very difficult to be expensive.

[TraiKH]

Is it because Ethereum's limited capacity?

No. I have noticed the very slow movement of ETH in this positive trend. Maybe bitcoin is taking over the attention when positive news comes. On the other hand, I suppose the previous ethereum system congestion was a problem (related to the miners). I think, when it's fixed. ETH value will increase.

[maxwellfreeman]

I think the limited capacity has something to do with it.

Are you looking into PoWH3D at all?

They have an "exit scam' going right now, sounds bad at first, but it's a satirical game that can pay dividends.

I have a limited understanding, but what I do know is that they're stressing ETH right now with the amount of transactions.

If you look at the chart on this webpage - https://powh.trade/ - you can see they just blew up.

Other than that, the whole market is wavering. They won't always match BTC, even ETH or XRP.

[crossabdd]

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.

too many tokens are built on the ethereum network. to make the traffic of the ethereum transaction heavy. if the capacity of ethereum is getting full, will hardfork be done again .. ?? or they can add capacity without updating ethereum. I think ethereum should make a restriction on Token.

[elpape225]

OptiToken officially done with ico, who got moon tickets

[mich]

because now people are looking for new investments. I think ETH is too slow for the future. There are much better projects. People are discovering.

[The Seller]

I think the value of ethereum goes down because most people sell their ethereum and that is a panic because bitcoin prices are also steadily declining and it makes the ethereum network so dense that to conduct our transactions takes longer.

[juragom]

I think it has a problem in their network to make some frantic investors or investors want to switch. The decline in Ethereum prices when the price of Bitcoin declines and we also see not only Ethereum which fell in price but altcoin also experienced a price decline that is happening today.

[DaryaDancova]

Nothing can grow without small periods for rest. Now Ethereum has not yet gained enough strength to continue its growth.

[Klovezio]

because now people are looking for new investments. I think ETH is too slow for the future. There are much better projects. People are discovering.

so what is the better solution than ETH? EOS? EOS has bug too. ETH price falls because people convert it into BTC and hype. But ETH is still one of best project ever.

[InvestICO2L]

Absolute direct correlation between the price of bitcoin and other alts. Bitcoin in the drawdown - the ETH too, the ether is not alone in such situation. And the bear stage of the market is still standing. So we are waiting and don't panic.

Often when bitcoin has a decline, almost all coins in crypto market both have a drop. Some last days, bitcoin has a slight increase and a slight decrease alternately, and till now this situation is still existed . Also ethereum follows to bitcoin, it’s not because ethereum’s  limited capacity. Yep,   I am mostly prone to  bear market, particularly as you can see the bear lasts from the very beginning of this year. I think most of us should keep holding and waiting, let get away panic because if you bring panic, you probably do something in negative way and get loss.

[HotHot143]

Is it because Ethereum's limited capacity?

For me it is pretty normal especially right now it is the bearish market but I think Ethereum price is getting recharged and will BOOM in any moment. Always remember what goes up must come down but what goes down must come up.

[Apiapik]

I think ETH is too slow for the future. There are many better projects. People are discovering because now people are looking for new investments.