Why is Eth value dropped now?

[duoleduo]

Probably a black hole in funds such as FOMO3D destroyed the value of Ethereum. They made Ethereum slow.

[Enzo05]

Is it because Ethereum's limited capacity?

One factor is that ICO are not using that anymore since there are competitors where in like ethereum platform that can be use to issue a new token under them like smart contracts .

[Nexus77]

Probably a black hole in funds such as FOMO3D destroyed the value of Ethereum. They made Ethereum slow.

The influence of FUD and also Fomo is quite large. especially if bitcoin experiences a downward trend it is difficult to survive other altcoins. can be ascertained will come down

[BTCedgar]

Bitcoin price has an impact on the markets of all cryptocurrencies. All investors are waiting for the rise in bitcoin prices. So now they invest more money in bitcoin. In this situation, all cryptocurrencies lag behind him. After bitcoin reaches its maximum value there will be an outflow of excess capital and this will provoke an increase in prices for all altcoins. Have patience.

[light22man]

Now its due to the ICO sells their collected Ethereum in order to get more funds for the project. I heard that last month from ICO was sold 300 000 ETH,

[feizhu1988]

I'm afraid it's unrealistic to expect the price of a coin to go up indefinitely. Prices must always rise and fall, and the market can grow healthily. However, the recent sharp drop in ETH prices I feel abnormal, the news that this is the ICO project collective selling ETH caused.

[btsjungkook]

Bitcoin dominance is going up that's why ETH is going down. Traders would want to take the opportunity to profit in the increase of bitcoin that's why it would be a big opportunity to sell their ETH or any other altcoins and then buy more bitcoin. If you observed in the previous bitcoin runs, altcoins go down when bitcoin is going up so if you observe that the bitcoin dominance is slowly going up, you better sell your coin also and buy lower or if your coin is already down then you can buy more to average down if you have more funds.

[kovaa]

If you look closely at the market, then it is not just the ethereum that falls, but almost all crypto experience the same thing. Suppose this is an opportunity to buy and own ethereum, because if the market has recovered later, then the price of ethereum will skyrocket.
We have to wait new money put into this market all coin pump then we can see ETH pump too.So be patient and hold the coins for some days it will gives us a huge profit.

[alan2here]

I think because people are not interested in ETH and in recent months ETH has not innovated on their technology. I have lost faith in ETH and will only invest in quality ICO projects. The best advice for people is to consider carefully when investing in ETH and be wise to invest

[slavasxpu]

No, it's a matter of unlimited possibilities. Just the fall of Ethereum is a consequence of the actions of exchange speculators. In the same way, speculators act on ordinary exchanges. But in the near future everything will return to normal, and will begin first slow and then rapid growth.

[PanGiMoon]

Is it because Ethereum's limited capacity?

For a long time, many coins are all in place, and they develop passively without any sudden movements up or down, so I would like to see now, but while Zach this follow does not work.

[TheWolfCrypto]

I think it depends on the promising technologies of Ethereum. Bitcoin is a very promising technology and it is growing day by day and remains on the top 1.

[tytanhamon04]

Eth has already touched its bottom and will soon be an upward turn. No need to panic. Need to buy ! The coin has all chances to keep its position in the market !

[Open4lies]

The time you created that topic is from July 2018. And I remember that it was a period when ETH faced a lot of negative information, including information about refusing to set up Bitcoin's SEC fund that affected the BTC rate as well as all of the cryptos in the market. , including ETH.

[evenkjoe]

The fall Of the Ethereum cryptocurrency in price is a regularity. Prior to that was the rise and now decline. You don't have to worry about that.

[toast]

Is it because Ethereum's limited capacity?

Cryptocurrency with all its development no one can know for sure because it is a risk and the nature of the cryptocurrency itself investment with cryptocurrencies must be ready with all the risks that will be accepted and maybe confidence and patience that can reduce fear with prices are decreasing

[styca]

I'm sure that ETH will recover. The current price looks like a great buying opportunity. It is very low relative to other coins, but ETH still has huge potential. Buy now if you haven't yet.

[jakezyrus]

Eth dropped is normal because even other cryptos do already experienced it .

There were fake news that spreading lately about eth. Many people keep saying that eth is a scam coin and will end up soon . i think this is also the reason on why eth did drop dramatically because many people are easily convinced in which it resulted for them to sell thier eth holdings .

[denbagoes]

The decline in Ethereum prices could go down because the Cryptocurrency market is currently experiencing price volatility.
I think there are many acts of crime that occur in Cryptocurrency like many frauds that occur in the ICO.
While many ICO use payments with Ethereum, this causes Ethereum prices to fall in value and impact on prices in the current Cryptocurrency market.

[_Legendary_]

Eth dropped is normal because even other cryptos do already experienced it .

There were fake news that spreading lately about eth. Many people keep saying that eth is a scam coin and will end up soon . i think this is also the reason on why eth did drop dramatically because many people are easily convinced in which it resulted for them to sell thier eth holdings .

This happens to the market and all altcoins, even bitcoin drops from $ 18,000 to $ 6,000 or more than 300%, but I'm optimistic that the ethereum market will soon improve so it can get big profits.