ETH is now hot topic - Whats wrong with it?

[Suicide101]

ETH has too many competitors at the moment. And many of these competitors is really good platforms.
And still there are a lot of very young but perspective 'like ETH' of projects.
Market is red. ETH had very good year of growth. Now there is a correction, but all this still the good price actually.

[SPENz09]

I'm sure ethereum prices will recover, someone might panic with ethereum prices which have continued to fall in the last few days, but this is the right time to buy ethereum, many ICO projects that fail and many frauds affect ethereum prices at this time.

[Nisharawal]

As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.

I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?

Is ETH becoming project which will be overcome by any other projects out there?

Even I am researching on this topic from past few days because even i am holding few positions on the Ethereum and other ERC-20 tokens and i think that decrease in the price of Ethereum will affect my holdings. I  think traders have lost their belief and hope on Ethereum and ERC-20 projects and this is sellers are increasing day by day and there is no demand seen coming on the bottom of the downtrend. If Ethereum is not having that kind of value then we must need to find some other Cryptocurrency which can replace the Ethereum. Let's hope for the best.

[joseherrera04]

I think it is still a really good platform that brings a lot of innovation to the market, the thing is that most people are focusing in it's monetary value for trading, and with a lot of altcoins coming out every day, ethereum keeps dropping in value because there is more competition.

[ford543]

With the current market, most of the market is wrong, not every ETH, I think the next time the market will be better.

[Lethapudi]

Ethereum price movements have been unexpected drops in last months, formerly with the rise in bitcoin price, the price of ethereum is also rising. Nowadays, the reason for not increasing the price may be the failure of many ıco.

[xuan87]

Yeah it makes no sense to see eth fall this deep, even Bitcoin already recover, but the eth price still falling down, the most reasonable reason is the usage of eth is decreasing, eth mostly used because of its smart contract, and when the ICO that used smart contract got problem, it will automatically affected the eth price, but I still believe eth could recover, if more people want to invest in eth, the recovery will be faster

[kirstiemorton23]

I think Ethereum became a warm topic because of a severe decline, everyone knows this situation, I do not know for sure what causes that make Ethereum's price dropped drastically, I heard the news that the decline in Bitcoin prices affects the value of ethereum and other altcoins.

[AjithBtc]

Yeah it makes no sense to see eth fall this deep, even Bitcoin already recover, but the eth price still falling down, the most reasonable reason is the usage of eth is decreasing, eth mostly used because of its smart contract, and when the ICO that used smart contract got problem, it will automatically affected the eth price, but I still believe eth could recover, if more people want to invest in eth, the recovery will be faster

Users haven't experienced this before. Now this has made them panic and stay with frustration. With bitcoin this is quite a common factor and when it happened with bitcoin people feared and later people started to stay active realizing the reality. This is new to ethereum, soon we can experience the recovery.

[Groxnii]

This year the ICO market has not succeeded, I mean that most ICO projects have not achieved their goal. That's why the market is going down, and ETH is part of this. But ETH is the main alternative to this market because most of the project runs on the ETH platform

[lzby2000]

The recent ETH is really very weak, and the reduction of demand is the biggest reason for price reduction. This year, the market has continued to decline, a large number of ICO projects into the market, more than 90% of these ICOs are worthless, ICO losses caused by a large number of people's enthusiasm for ETH declined.

[oceana]

Of course many people experience disappointment with the current decline in the price of ETH, but this is a common thing in the crypto world, we can't predict with certainty about the price of altcoins, but I have confidence that eth will survive in its class, cause until now it is still many are interested in investing in ethereum, for me this is the right time to invest in eth, my eth analysis will return to good market value in the future.

[KBCapital]

I am so sorry I did not sell out all my ETH at the price of $500. Now it is around $275 - I lost about 40% of my budget.
I can't believe that ETH can drop below $300. That is too bad.

[kingdomofhearts]

As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.

I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?

Is ETH becoming project which will be overcome by any other projects out there?

I think there are some other major factors aside from negative news coming out. I'm starting to wonder if there are also manipulators like major or whale investors in ETH who can dump the price significantly.

[futurefuturecoins]

Who keeps patiently the etherium, today the day is unsuccessful - 1 etherium costs 270 dollars. I think their worries should not lead to panic sales. I hope so that the market does not sink anymore.

[masterrex]

As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.

I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?

Is ETH becoming project which will be overcome by any other projects out there?

As a matter of fact I don't understand why Ethereum is dumping hard in this level in the sense that still many ICO still using the Ethereum Smart contracts and the demand is there for gas fees and other means. My instinct was saying that there is someone dumping Ethereums in the Market and the question is who? lets find out sooner.

[carriebee]

Who keeps patiently the etherium, today the day is unsuccessful - 1 etherium costs 270 dollars. I think their worries should not lead to panic sales. I hope so that the market does not sink anymore.

Many of users who keeps waiting for the increasing price of ethereum. We do not know until when the price could go deeper.  Yes some actually leads to panic selling because of lower rate continuously, however I believe we could see a good changes of value.

[ghosong]

As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.

I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?

Is ETH becoming project which will be overcome by any other projects out there?

Because of the many fraudulent ICOs, this is largely the reason for Ethere's decline in the market. Even if bitcoin hasn't recovered, this will also affect the price of most altcoins on the market. So if there is an ICO project going out they must consider the risk of fraud in the end. Most investors now take security precautions before investing their money.

[secianced]

I think eth is going down because bitcoin cash announced that they will do something like erc 20 plus some old projects dumped all ethereum from icos.

[KarinaMix]

Yes, now again a weak market, but it's a good chance to buy cheap air, and wait until the market soars up, and it will be, believe me.