Why are ETH prices falling sharply?

[demenBTC]

currently the eth price has touched $ 291, it is likely that there will be a decline in eth to $ 200 if the market is always like this, but I believe the price of $ 200 is the most basic price for eth

[chikading2016]

I think it is all because of the increasing number of ICO, some ICO really use th for investment and foe other purpose. I think there are also a big holders that dump their eth on a lower price. There are so many factors that can really affect the price so we need to be patience we don't need to be panic on this dip.

[Chapics]

I do not think that ICO sell Ethereum which was received for the project. most likely, the main reason for the drop in Ethereum price is the fall of the market.

[Doovla]

Yes yes there is a one way to panic when you are not pointed to the past years like i was recenlty. It is the phase where panic people sell their goods and others take them and make themselves rich in not so long period of time. We need to use this bear market if we can.

[TianaStam]

[itssawai]

Yes many ICOs are selling ETH because the bear market is prolonged than everyone originally thought, they don't wanna wait more and started selling it which has caused ETH price to drop significantly, but overall the market itself is suffering. Bitcoin is falling and other alts are crashing.

[Topsmark]

it's trite. the entire cryptocurrency market is falling.accordingly, the ETH is no exception....

[seo-maestro]

Bad ICOs are selling their ETH to cash out raised money because they are in panic fearing that the price will go lower and they will loose all the money. I think ICO sold their ETH below $300 are scams because they don't beleive in crypto and sold in the dip.

[HMember]

I think that this is a temporary phenomenon and provoked such a collapse not so far as pawns, but people who have a huge amount of eth on their hands. It remains to wait until they play enough.

[WalkerIVIV]

Bad ICOs are selling their ETH to cash out raised money because they are in panic fearing that the price will go lower and they will loose all the money. I think ICO sold their ETH below $300 are scams because they don't beleive in crypto and sold in the dip.

it could be but i think that we must try to analyze the fundamental of ethereum itself. we must see if there will be a good news about ethereum but it gets dump and i think that's not causing by the ico was dumping their ethereum. it's likely those people are trying to jump to another altcoin platform. but it looks like the price of ethereum has rebound again. we will see that.

[jokowi]

I do not believe my eyes anymore, the ethereum price has dropped to $ 300. This is not good news for investors. I think the bitcoin price increase has made people abandon ethereum. They are selling ethereum to buy bitcoin. This is not a good thing.

[TimeTeller]

it's trite. the entire cryptocurrency market is falling.accordingly, the ETH is no exception....

Yeah, that's the trend in the crypto market.
So no wonder, eth is also following what's happening around.
If you are strong enough, you will not panic.
It's just another phase in crypto, and it's not new.
Just stick around and few months from now, the market would be different.
There's no special reason why eth is falling, almost all other altcoins or tokens do.

[trns.txt]

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?

Yeah, I also don't believe to see the price of ETH falls down with a very low rate so far. But I am not sure if the dropped price will reach $200. The decline may be affected by bad issues in crypto world currently or it's just a market game. However, I believe this can rise again and reach a good rate at the beginning of next year.   

[VieleSind]

There are many reasons for the ETH to fall dramatically, so within a few days, the ETH rate has dropped below $ 300. Many sources are claiming that there are many ICO projects in which EOS has sold a very large amount of ETH to investors making ETH rates drop sharply.

[kerremy]

Yeah, that's the trend in the crypto market.
So no wonder, eth is also following what's happening around.
If you are strong enough, you will not panic.
It's just another phase in crypto, and it's not new.
Just stick around and few months from now, the market would be different.

Yeah, I agree with you, sir!
Apart from what actually causes the Ethereum price to decline, all this is a trend in the crypto market, where prices will drop dramatically, but it will also rise drastically.

[klixion]

One reason could be that ICO projects are cashing out their Ethereums for fiat for fear of not having enough capital to keep the project going.  It's understandable but it wouldn't be wise to cash out everything at the current prices. 

[BaraxLo]

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?

Lol, I think ETH is relying on ICOs too much. Maybe you should withdraw your money and wait for the price to drop down to $200 or below that and you can invest back your funds and wait till it goes back again. This is just for a little while, I believe that things will change very soon and the price of most cryptocurrencies in the market will go up.

Everything has dropped dramatically, I never expected even Bitcoin to drop down to $6000, this morning when I checked I was really surprised. But I’m not worried tho’.

[tterrorpipa]

It is shaply going down because ethereum also and so as the other coins is affected by the price drop of bitcoin. It is a simple understanding. When bitcoin price falls, the next of it is the other coins and altcoins. Ethereum includes to that option.

[andrejfilipov876]

on this question treason no one can give a clear answer. since no one expected such a sharp fall.

[langaw2018]

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?

There are many reasons for the ETH to fall dramatically, so within a few days, the ETH rate has dropped below $ 300. Many sources are claiming that there are many ICO projects in which EOS has sold a very large amount of ETH to investors making ETH rates drop sharply.