Why is Eth value dropped now?

[MrPao]

I think it has something to do with some gambling games. Have you ever seen FOMO3D? Such a game has caused a blockage in Ethereum.

[Mytoken]

You are too right. Due to limited capacity, the value of Ethereum has been reduced. Although it has a large user base, Ethernet is not much innovative at present, and its customers are losing!

[CuJIaBiTi]

The market influences everything. It is foolish to deny this, of course the influence is not so much, but decent. And since because of the fact that the market is dropping less projects that collect less ethereum, that's the impact of the market.

[luksonmandela]

Is it because Ethereum's limited capacity?

When it reached resistance level it corrected and it formed bearish trend. Now there are two nearest support levels on 260$ and 250$. I think price will do its correction first at 260$ and if it breakthroughs this price next stop will be at 250$. But if we consider that autumn begins, we should expect bullish trends from these two prices. It's really hard to say exactly what it would do.

[richminded]

Not only is ethereum experiencing a price decline, it happens to all cryptocurrency including bitcoin, this year is a bad year for cryptocurrency, this might happen because this year many ico projects ended in scams, resulting in a decrease in confidence in cryptocurrency .

I agree with you . Most of the heads of ICO projects are showing signs of selling more ETH and this has made ETH prices continue to fall in recent times. Personally, I'm sure the price of ETH could grow again with the participation of new investors but this year everything is very sad for the whole market.

We have more months to go, its sad but we must let go of that emotion. Let's keep on buying ETH, because it will rise again one day. No one is sure about the current fall of ETH but its strongly stable on $250-$280, I jsut hope that it will not drop more on this level so we can be confident about the future of this coin. ETH has prove over the years and I know it will not crash easily. Hodlers must remain calm and focus.

[patrickrn32]

https://twitter.com/patr11k/status/1033112760694054913

many ETH are send from an Wallet which receive funds from Genesis Wallet, to Bitfinex, so maybe there will be another big drop!
Watch out

[BitcoinVSfiat]

Not just the Ethereum, all the altcoins and the bitcoin dropped now. The downtrend has not come to an end yet, market volumes are low and uncertainties remain in the market.

[unpack]

Restrictions, regulations, less trust from investors and they sell in big numbers their Ethereum, exchange problems, there are many reasons, but with one consequence.

[popolite11]

now is a very difficult period for the entire crypto market .... the price falls on all altcoins, you need to be patient

All the cryptocurrencies are down, and ETH as well - the bearish trend is dominating. It is so strong that the current situation might not be changed for several months more.

[raiderking96]

The price of Ethereum fell probably due to the cryptocurrency this year as losing trust from investors, because not only ethereum has experienced a significant price decline this year. The decline in trust could be due to the many ICO projects that ended SCAM.

[BagzMM]

I think its not the only ETH is in downfall also the bitcoin. Maybe it is because market is not in good state let us just hope for the pump. It will come soon!

[GreatArkansas]

Is it because Ethereum's limited capacity?

It is because so many people who are spreading fake news about ethereum. There are many FUD spreading now. I also believe that ethereum is on price correction now, because of the very very long bull run of ethereum last year.

[jay sd]

ETH has fallen down to the support level. Now it is a good time to buy. I think the traders let ETH to down up to this level. Let's hope that ETH will not this level down.

[VanDeinsberg12]

Not only is ethereum experiencing a price decline, it happens to all cryptocurrency including bitcoin, this year is a bad year for cryptocurrency, this might happen because this year many ico projects ended in scams, resulting in a decrease in confidence in cryptocurrency .

I agree with you . Most of the heads of ICO projects are showing signs of selling more ETH and this has made ETH prices continue to fall in recent times. Personally, I'm sure the price of ETH could grow again with the participation of new investors but this year everything is very sad for the whole market.

But at least this time is even better compared with the condition of the crypto market in a few years ago. They are all worth nothing and this time they are slowly gaining their value. It may take a lot of time but it will be so good to build the stability. Crypto needs more mature to be exist in the technology industry.

[ibuddy122505]

Not only is ethereum experiencing a price decline, it happens to all cryptocurrency including bitcoin, this year is a bad year for cryptocurrency, this might happen because this year many ico projects ended in scams, resulting in a decrease in confidence in cryptocurrency .

I agree with you . Most of the heads of ICO projects are showing signs of selling more ETH and this has made ETH prices continue to fall in recent times. Personally, I'm sure the price of ETH could grow again with the participation of new investors but this year everything is very sad for the whole market.

But at least this time is even better compared with the condition of the crypto market in a few years ago. They are all worth nothing and this time they are slowly gaining their value. It may take a lot of time but it will be so good to build the stability. Crypto needs more mature to be exist in the technology industry.

Damn true. That's what everyone wants to experience, very mature industry! Looks like BTC is going to have to start to make its move, hence ETH showing signs of weakness. So Not anytime soon moving up. I wouldn't miss this time grabs some.

[munify]

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.

You are right, even though this is falling but by thinking positively then in the current conditions it can be an opportunity to get a profit.

[Coinredd]

There are a lot of negative news spreading across the globe that affects the market negatively, so there are declines in this market.

[tranquyen123456]

BTC Dominance - the capitalization of Bitcoin, is increasing, now more than 50%. Bitcoin has accounted for more than half the market capitalization of the electronic money market. This suggests that pre-encapsulated cash flow is pulling out of the Altcoin and into Bitcoin, as investors find that Bitcoin is the most valuable value-for-money algorithm and " most.
In the context of falling trends, ICO projects are increasingly discredited, Ethereum also suffered the situation of selling off as many other Altcoin.

[minairia3]

BTC Dominance - the capitalization of Bitcoin, is increasing, now more than 50%. Bitcoin has accounted for more than half the market capitalization of the electronic money market. This suggests that pre-encapsulated cash flow is pulling out of the Altcoin and into Bitcoin, as investors find that Bitcoin is the most valuable value-for-money algorithm and " most.
In the context of falling trends, ICO projects are increasingly discredited, Ethereum also suffered the situation of selling off as many other Altcoin.

Nowadays, this is the trend that something big or there's something brewing going on for a big pump. If you know this spculative type and you see something in the chart, go big. This is a bias that you don't go against as what happen last year.

[Cremmsto]

I would not say that the price falls only on etherium . The whole market has been declining for a long time