WHAT HAPPEN TO ETH??? touches below 300 USD!!!

[anjho.ace]

WHAT HAPPEN TO ETH??? touches below 300 USD!!!


https://www.ccn.com/newsflash-ethereum-price-falls-below-300-pummeled-to-9-month-low/

A sell-off sent the ethereum price plunging below $300 on Monday, forcing the second-largest cryptocurrency to its lowest mark in more than nine months.

Ethereum had traded as high as $323 earlier in the day, but a flurry of sell orders began to pummel the market at approximately 15:00 UTC, driving ETH closer and closer to $300, a level it had not touched since 2017.

what do you think? it will rebound today or will fall more?
A really sad news for holders.

[PurpleNights]

I wish we knew what happened or rather what is happening, it would have been easier and better for us all, but we don't. My heart broke and bled when I saw that the coin had reached that price range. Can all of this be over already? I miss having one of my most favorite coins flourish. I'm not giving up on the coin yet though, cos I believe in it and I know that it would bounce back in due time.

[tenebriscaelum]

We can just say its volatility at play and with it a chain of panic sell happened to the users which is why you have seen many sell orders which I think is a natural reaction into most investors or trader who don't want to be left out or lose some money. And I think the dip happened is because of the lack of good news in the market or the delay of the ETF signing which is supposed to get new investors in the market.

[karagun125]

All of us are hoping for a positive price rising, and soon there comes a day for the comeback of the etherium price. Just be patient by this time and hold your eth.

[Leftneck]

I don't know pasting the main reason. probably the effect of the decline in BTC last month.
hopefully in a short time it will return to its original price.
keep hold

[BTCLovingDude]

ethereum is not really large, it just has a big market cap which makes people think it is large. then that way of thinking led to a lot of ICOs be created on it which made it bloated but not still large. and that is one of the reasons why it has been falling, because of ICOs getting out and the hype of them slowly going away with their numbers dwindling.

[mattnguyen]

ethereum is not really large, it just has a big market cap which makes people think it is large. then that way of thinking led to a lot of ICOs be created on it which made it bloated but not still large. and that is one of the reasons why it has been falling, because of ICOs getting out and the hype of them slowly going away with their numbers dwindling.

What? How do you evaluate whether something is "large" then?

I agree that ICOs are getting out to protect the value of their raised funds. All the ICO projects are probably cashing their ETH to fiat to because they don't have risk management built into their organization. If you're going to run an ICO, you better be prepared to have a proper fund manager, otherwise you'll end up in a situation where you have to liquidate your ETH because you cant tolerate or manage price depreciation.

[terrific]

ethereum is not really large

How can you say that Ethereum isn't really large? its no. 2 on coinmarketcap and other coins under it.
If it isn't really large why there are too many erc20 coins that became popular.
And think of it that those erc20 coins are made through Ethereum's contract so I don't think that your opinion fits that.

[chris200x9]

I don't know pasting the main reason. probably the effect of the decline in BTC last month.
hopefully in a short time it will return to its original price.
keep hold

Today the whole market is in green and ETH is performing much better than bitcoin as of now. Currently, ETH price is very close to 300 mark.

what do you think? it will rebound today or will fall more?
A really sad news for holders.

If you are here to make some quick bucks then it is very sad otherwise we all know that ETH is a good coin so if we hold for long then we can sell at a much higher price. Not so easy to guess the prices on a daily basis so I never go for day trading. If my favourite coins go down a lot then I will buy more instead of worrying much.
 

[jonalva]

The price of the Ethereum is now ranging from 252$ - 316$. This is really disappointing for the holders of ETH who bought it at higher price. I hope this situation will take turn into a positive way in future.

[Tosyn2]

Most ico raise money using ethereum after the ico they would at some point convert it to USD that was why ethereum price dipped a lot.

[criptoman83]

It's not surprising that the ETH is now reduced in price. it's just that it is actively sold by startups after the ICO, so as not to lose money for the further development. Just before the projects kept the collected funds in ETH, but the latest practice has shown that it is not very far-sighted and with such a protracted down trend on the market funds are melting at high speed and the execution of all plans is simply not enough. So this situation is normal!

[StGermain]

All of us are hoping for a positive price rising, and soon there comes a day for the comeback of the etherium price. Just be patient by this time and hold your eth.

It makes sense to even increase your eth to make up your losses, i don´t think it can go much lower. It is still the choice for most ico investors and the best platform for it.

[jakasantosa]

I thought for the time being Ethereum was going down in price influenced by many things. But there are times when the price will rise again. as a crytocurrency enthusiast now, we have to wait and be patient.

[Guard225]

So many ICOs must've dumped their bags. Pretty irresponsible, they could've just waited, ETH should recover.

[ynatopak14]

what will happen to a strong coin that fell?
what to expect? everything will be fine now and better.
we are seeing the price going up, make sure to fasten your seat-belt.
and hooray to all people who bought at low.

[HarmonyGG]

All ICOs throw collected ETH on panic. Weak hands in weak projects.

[ajqjjj]

Most ico raise money using ethereum after the ico they would at some point convert it to USD that was why ethereum price dipped a lot.

I think it is not a big impact of Ethereum because all the altcoins bare continuously down in the market so no one is find the exact reason of altcoins dump. Some peoples are said as soon as possible Cryptocurrency will move to forward so keep calm all are recover soon. But some investors are afraid in this because they are all spend more investment in Ethereum. This bearish market is move to forward soon.

[rancidgash]

All of us are hoping for a positive price rising, and soon there comes a day for the comeback of the etherium price. Just be patient by this time and hold your eth.

I think that for new ath for the etherum we will need to wait long months but for some pump of this coin it will be easier, i mean that etherum could follow pump on market if it will recover in soon weeks.

[chenhaonan]

More than $300, it seems to me that Ethereum is likely to fall below $200. The recent bear market is shocking. We must invest carefully, don’t think it is the bottom.It will continue to fall.