What factors can cause major fluctuations of Ethereum price?

[Daisy_sta]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

[btchunter786]

Etherium prices are in a growing position this year; and it is hoped that it will remain or hold its position for 2019 also. Changes may arise but hopefully; it will not be vast for its investors. Other coins like Cardano and neo may affect its position.

[butterfly8226]

Fluctuations in ETH can be caused for many reasons. The major reasons can be- manipulation or speculative activity in the price; scandals on the currency; increasing or decreasing supply and demand. Also the govt. regulations can have major impact on the fluctuations. When there will be fluctuations in ETH price; other ETH block based coins price may rise or may fall!

[taiwww]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

Currently there is only one thing that’s bothering ETH and keeping it from going upwards. That’s it’s Gas price and transaction fees. The gas fees are getting huge these days and ETH is getting slower and slower at processing the different transactions at same time. So most of the ICO projects are getting troubled with their services and thus ETH is not getting much attention now a days. So it’s dumping right now.

[cryptoshops9944]

There are some factors that can affect the pricing of ETH. First is the mining of profitability; when user find ETH coins $300 to $400 they find profitable and starts mining. Then comes the regulations created by the Government of many countries over ETH.

[tonyosa]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

fluctuations in the price of ethereum is often times as a result of fluctuations in the price of bitcoin, it drags all other tokens alongside

[CuriousGeorge]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

The bitcoin, the news about bitcoin, any fake reviews about bitcoin an bad news related to the crypto. I think that they can be considered as strong reasons to create a lot of fear among all of the crypto holders. You can see that the fluctuation of ethereum has been following the bitcoin.

[diedvw96]

I think that the market influences the price (as to people holding Ether, who are not participating in the market). Still the "market", and/or community bases price on many factors. IMHO, for the price to go up and stay up, a real benefit from using software running on Ethereum will need to be realized. If people cannot derive real benefit from using Ethereum, the price will fall. I imagine that investors will gradually continue to buy into Ethereum, play with the software, and increasingly seek out new DAO's/business models to grow the Ethereum ecosystem and thus increasing the price once again

[invincible49]

The bitcoin, the news about bitcoin, any fake reviews about bitcoin an bad news related to the crypto. I think that they can be considered as strong reasons to create a lot of fear among all of the crypto holders. You can see that the fluctuation of ethereum has been following the bitcoin.

The price of Ethereum going down is surely not because of its slow network or high transaction fees. I fully agree with CuriousGeorge's reply. Ethereum or altcoins are down, not finding any support level is only because Bitcoin's price is getting lower every day. During 24 hours of a period- Bitcoin's price finds a support level and then getting lower than the support level in recent weeks. And with all the FUDs surrounding Bitcoin, other altcoins are sinking deep. But let's not forget that this market works just like this.

[kotajikikox]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

I think ethereum are still in good stable, ethereum is useful  in every icos project so nothing doubt ethereum the major fluctuation is depends of the icos project using eth, i hope i'm correct please coorect my opionion if wrong thanks.

[jossiel]

What factors can cause major fluctuations of Ethereum price?

1. When bitcoin price up.
2. When more people buy more Ethereum.
3. When good news comes out for Ethereum.

and how it will impact other ethereum blockchain based tokens/coins?

For ethereum it will have good impact but I don't think so with ERC20 tokens.

[sinduarianto]

Ethereum has experienced a considerable decline this month so that all coins or tokens based on Ethereum also fall in price when it will return to normal as the original price.

[cryptogeek101]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

Ethereum  price fluctuation is a functionality of demand and supply curves,however I think it have not been stated clearly that Ethereum price fluctuation has been able to create impact on ERC20 based tokens unlike the bitcoin protocol.

[hildacitra]

There two factors cause the fluctuations of Ethereum price. Fist is Fundamental factor, it is caused of the Market Cap and the Supply of the ETH it self. For example, now the supply of ETH on the market is more than the maximum limit, so it is quite difficult to the price increase. Second is the interest of the buyer of the coins.

[robertcross07]

Ethereum  is a very popular and potential coin and what can cause major fluctuation to its price are fud; negativity or any ban news. The market gets highly affected by such news unfortunately. 

[HistoryVampire]

I think it is very hard to say. As all the cryptocurrencies nature is to be being volatile. So; you can not never say when the price will be high or all. But; if you follow simple economy price goes up when demand is high and goes low when supply is high.

[ChainFish]

From my experience I won’t try to predict because it is too much uncertain. But there will certainly be various impacts on other Ethereum block chain based tokens and coins. They will also follow Ethereum fluctuations.

[ivlvov]

What factors can cause major fluctuations of Ethereum price? and how it will impact other ethereum blockchain based tokens/coins?

It seems to me that the main factor that affects the price of Ethereum is the number of people who invest in it. According to this, that's why Ethereum is cheaper every day because people sell Ethereum and invest in Bitcoin. Pay attention, ETH was stable until the BTC started rising to $ 8,000.

[UZIzzzz]

I think most of the time the warmth of the ICO will determine the price of ETH.
If the market is good, then many people will choose to participate in the ICO, so a large number of ETH will be needed as a fundraising means, which will cause the price of ETH to rise sharply.

[ChainFish]

Apart from many factors one major factor to me is smart contract competition. Recently Ethureum has faced many tough competitors from startup offering similar or better service like NEO; Lisk; EOS; Wave; etc. More can come and etherum can be down.