Azna Azhar
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Activity: 153
Merit: 0
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August 25, 2018, 12:09:28 PM |
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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 is nothing wrong with ethereum because the technology is still good. The decline was made possible because many projects running in ethereum failed, so that in the end they dumped ethereum and the price was low. |
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Isay_Gonzales
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Activity: 154
Merit: 10
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August 25, 2018, 12:24:12 PM |
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Now the market has fallen all over. Therefore it is not surprising that the ethereum too. To protect yourself from losses, you need to wait a little that the market will recover.
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Callixis
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Activity: 48
Merit: 0
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August 25, 2018, 12:40:49 PM |
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It is the hot topic today because no one can't expect that ethereum price decrease dramatically. The investors of ethereum are panicking and afraid about their investments.
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Q2kc
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Activity: 560
Merit: 15
$100k per 1 BTC in Year 2020
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August 25, 2018, 01:03:06 PM |
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I'm still very Bullish on Eth, Ethereum overcome all obstacles in the past and now Eth is still going strong, this Dip is because of all the scam ICO under the Ethereum blockchain after they raised Eth on the ICO all of that ETH is converted to USDT or BTC and this is one of the examples caused of this decrease of price we are witnessing right now.
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Haunebu
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August 25, 2018, 01:52:55 PM |
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Nothing surprising about any of this. The entire market is bearish currently just like majority of this year and the market might continue to stay bearish for a long period of time unless some amazing news breaks out which can turn the tide of this bear market into a bull market. The upcoming ETF proposal verdict might trigger a bull run, but the chances of something like this happening is quite low.
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makerst
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August 25, 2018, 01:56:18 PM |
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Those who have long experienced in the crypto-currencies have not one crisis, similar to what is happening on the market, so I would probably ask them, as it was before? But I think that the situation as a whole is similar. but there are several differences, this applies to traders with WallStreet
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Heruwa
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Activity: 252
Merit: 0
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August 25, 2018, 02:03:52 PM |
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Nothing is wrong, all altcoins are down and bitcoin itself down, this is not something new and do not fret, I'm sure all the time will be normal, the market gets better and the price starts up.
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Schwifty27
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Activity: 138
Merit: 0
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August 25, 2018, 02:39:53 PM |
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etherium in on hot topic because the price of it is getting lower but i think it's natural and maybe soon it will rise up again.
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bituperio
Member
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Activity: 208
Merit: 13
TRUSTED CARS ICO
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August 25, 2018, 03:06:46 PM |
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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?
Ethereum is not bitcoin, the supply is quite abundant as it needs to be used for investment. You have to trade to make profit and you have to always keep an eye on the market. |
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vallydelly
Jr. Member
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Activity: 336
Merit: 2
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August 25, 2018, 08:13:53 PM |
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I think the reason why eth price went down is because a lot of project team that did ICO dump a lot of their eth when the eth price was going down and it has made the number of eth in the market to be saturated so it will take time for the eth price to go up again
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boller
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August 26, 2018, 03:04:21 PM |
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We can't say anything. Just see the market. But now, I myself will not be eager to watch the market every time as what I did previously. the market is very dropped. Moreover the ETH. I know I'm not the only one person who is very surprised and shocked with the ETH price currently. But, that is still the fact, ETH is still collapsing. but, I know that it will increase again.
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Mr.Eddies
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Activity: 90
Merit: 10
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August 26, 2018, 03:18:20 PM |
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The mining ETH is not very profitable. I'm on buy and sell mining rigs group and see a huge wave of miners selling their rigs.
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Adeforever
Newbie
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Activity: 84
Merit: 0
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August 26, 2018, 03:20:19 PM |
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Buddy chill ethereum will be OK, it is just the ico project that I think is causing all the little flop, because most of the ico project find it diffi, ult to reach soft cap not to talk of hard cap, as a result, chase away most investora.
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anobtc
Member
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Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
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August 26, 2018, 03:44:47 PM |
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Because of almost ETH belong to Miners and ICOs. They need cashout their ETH for fiat money, and i think it's hard for ETH's price to steady increase in the future.
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Finding a local Moderator and Translator? View My Portfolio and feel free to contact me if you need! 😉 |
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dollurs
Newbie
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Activity: 238
Merit: 0
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August 26, 2018, 03:48:31 PM |
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Not only ETH but also all the coins have dropped huge. People are waiting to see something special. I don't see that ETH will be overcome by other coins.
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Tokoyami
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August 26, 2018, 03:55:06 PM |
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Not only ETH but also all the coins have dropped huge. People are waiting to see something special. I don't see that ETH will be overcome by other coins.
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. |
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Lorence.xD
Sr. Member
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Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
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August 26, 2018, 04:00:08 PM |
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There's nothing wrong with Ethereum in general. The facts are this, when the markets get tough, people start moving towards the strongest players in the game, at the moment that is Bitcoin. As you can see, Bitcoin dominance has increased by almost 20% in the last 8 months, simply because all the remaining hands are hedging against ETH and all other altcoins (remember most tokens are based on ETH.)
There is nothing bad about Ethereum, it is the market movement or the ups and down of the Crypto Currency market.. Market is Volatile, it is unpredictable, anything can happen at any coins as posted in the market. Beside Ethereum is one of the most stable coin as posted in the market.it has good fundamentals, clear market structure and the most important is Ethereum will recover after the market down stream on its price value as posted on the thread. |
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acidburn14
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August 26, 2018, 04:03:51 PM |
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Its not only ethereum that is doing bad in this market trend but almost all coins. We are seeing this downtrend now because a lot of regulations are being set by the government trying to take down cryptocurrencies and continue doing their thing.
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PM.coins
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August 26, 2018, 04:03:59 PM |
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ETH conditions are currently even below $ 300. the first thing I want to say is being patient to wait with this situation. according to my analysis the negative news out there, is very influential in the thought tension of the user or owner of the coin, so a little panic and then want to sell it. should be able to be patient and wait for this dry season to end.
then the last one, will the project be overcome by another project. so far I have not seen that. but it doesn't seem.
keep the spirit!! and thank's .
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jems
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August 26, 2018, 04:05:10 PM |
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there is nothing wrong with Ethereum prices because not only the ETH has decreased in the market but almost all Altcoins. What's more, I see a decrease in ETH due to the large number of ICOs that use the ETH network that are not going well so that causes investors to feel scared to pump eth and invest in ICOs.
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