Why are ETH prices falling sharply?

[pokxon]

I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?

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[UZIzzzz]

I think it's perfectly possible to go down to $200 because there's a serious shortage of money in the whole market.
Currently, many ICO teams are looking to sell ETH, so they can exchange ETH for legal tender.

[Efta321]

If the holiday period is difficult for now, many people who will not do this including myself will not expect this. We will wonder why this is happening and is it possible that eth will return at its peak.

[bitmover]

I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?

300 was a strong support and a psychological barrier and many people was surprised.

I don't believe it will fall more... However, nobody knows what's going to happen.

Remain calm and don't take rush decisions

[jaxteller]

it's already at $264, this is crazy. I never thought that ETH would go down this much. I hope it will regain its solid pricepoint again, because this is worrying. LTC is on the same boat, plummeting as well. Let's wait and hope for it to go back to stable pricepoints.

[lesnik_utsa]

Totally agree with you. Sense to sell in such a red market, when one bottom pierces another bottom. I do not think that this is the best solution. But many people really need money, since they most likely got their coins in the bounty and now sell them. At the same time, they do not think that over time it will be much more profitable

[lesnik_utsa]

Yes - this is news about ICO. I did not think that such a decision is the best. Do not they have time to wait a while. Maybe it's just a rumor? I do not understand.

[cabron]

I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?

300 was a strong support and a psychological barrier and many people was surprised.

I don't believe it will fall more... However, nobody knows what's going to happen.

Remain calm and don't take rush decisions

It looks like they are up to make holders panic and if you do, you better do it right now or hold your peace because when it strikes up again, it won't be going slow. You might not be able to afford it anymore when all of a sudden the price skip and goes up more than $500 in an hour. That would shock the world watching how terribly they lose their chance to win a lottery.

[Ulya63]

Whales to give on ethereum so that its cost was less than 2016 so that it could be institutionalized for the investor. After a long fall, a stable coin grows and everyone believes in it who went into this market. People believed in crypto currency even when bitcoin cost 1 dollar. 2019, the value of all the Crypto-currency may be more than 1 trillion dollars you need to believe the current and wait for it.

[nazaididuan1]

Because the ICO market is very depressed, the demand for ETH is decreasing!
There are still a lot of ico teams after the completion of the sale, for the maintenance of the project and the subsequent development, began to sell ETH into legal tender!
After many investors saw the market downturn, panic selling was also the reason for ETH's decline!

[bitcoinm3ster]

I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?

It is just one of the reasons. The main reason is that Ethereum is on the downtrend of its cycle, it must reset its price before grow again and 200 USD may be happen in a few next days

[Noobaru]

I was surprised to see it drop so fast too. But it seems this is because bitcoin's domination is rising and is already at its peak of over 50% this year. So it simply means that people are selling altcoins and buying bitcoin. But I wouldn't worry too much, because some analyses report that the trend is likely to reverse anytime soon. Altcoins seem to be hitting their support bottom, from where they can explode upwards.

[Nova666]

I think etn will fall to two hundred dollars the whole market is slowly dying out, but there is a hope that closer to the winter will return the previous price

[charlotte04]

I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?

Maybe it's because our market is at a downtrend and waiting for a reversal. It is good to buy in now while its cheal and everybody knows that it will go up anything soon.

[Z_Max]

If the ethereum falls to $ 200 it will be insane. Many hope only for big growth and keep it for what would be good to earn. Maybe this is done specifically to scare and then it will grow again. Anything can happen.

[Pa1n]

Its so sad story. ETH is under 300$. As we know eth has very big potential. Eth falls very much but it will rise more too. We should consider that too. However, other altcoins are falling too.

[btc_angela]

Its just investors exiting and cashing out. We are in the bear market and a lot of them are making the necessary adjustment to at least mitigate their loses. All of us has been negative 60 already, so if you don't make corrective actions, your may lose more. But I don't think that it will fall below $200, I think it has already reached the bottom. And now the process of accumulation begins. I'm still very bullish and I still see it hitting at least $500 at the end of the year.

[Palider]

Mainly because there are to much ICO that requires ETH as an investment yet they fail to reach soft cap to start their project. Also there are still some issues regarding FUDS that destroying crypto as a whole. However i think that this will be fixed in the future.

[Twkasun52]

yeah me too. I bough ETH @ 960$ ha ha.Hope next big bull run will save us all.ETH will be hit ATH again.

[Balinsayaw]

Because there are many holders dump their ETH. It’s a supply and demand if they dump on s lower price, the price will dip more lower. If the dumper done the price will increase soon.