ETH is now hot topic - Whats wrong with it?

[voltesbazooka]

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.

I think this is true. Recently almost all coins are down in value. Maybe there's some kind of news that hit the whole crypto market's reputation which caused this. Because the depreciation is on thr whole market, not just one single coin

[sunita01]

After Bitcoin, ETH has emerged as the strongest currency in the world, after bitcoin, ETH has the most famous coin. The discussion of the ETH being hot everywhere on the market is due to its popularity.

[Bay_Harbour_Butcher]

it seems eth will still continue to decline, because eth is very dependent on the payment channels of the new ico programs that have sprung up, but lately there are a lot of ico who are not successful due to the failure to achieve softcap, and in the end the ETH was negatively affected

[pacho08]

Whether to do so has created an existential question for Ethereum. One of its underlying tenets is that it’s a decentralized platform, meaning the power lies almost exclusively with all of its users. By stepping in to fix this problem, it would completely undermine that objective.

[sinachy]

Eth is now hot topic because it surprised a whole a lot of people including me, how the price went down hitting a new all time low since 2017, many people have tagged eth as the next replacement to bitcoin, which i don't believe, so seeing the eth price went down below $300 is worth talking about by a lot people in the crypto space.

[wack slacker]

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?

ehh, I have the same question. didn't think it can get under 300$
but I think, it would soon recover. cause it's very important for ICOs.
look at 1 year ago, ETH's price just under 20$, so 15x for 1 year is very much.

[Lerikaweb]

This stagnation really depressing and people are now try to find the reason for it. But we won't know for sure,  ever. An average investor is out of control of the current situation,  so we only can wait and hope.

[slightmoon]

I don't think any thing wrong with eth like ICO or SEC. ETH will rise soon above 400 and 500$ in next month. Already BTC playing around 6500$ up and down where other coins in down trends.

[Bttzed03]

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?

Interesting topic. The price drop is mainly due to the movement of bitcoin in my opinion. It is a pain to see Eth being affected by movement of Bitcoin but it is what it is.

[Alohadanc3]

I think ICOs are the main reason behind eth to go to top and the same ICOs are the reason for eth to go down. Last few months the ICO market is heavily down. And most of the ICO depends on eth platform. So it's effects eth. You can see same things happens to NEO. And in this bearish market if a coin start falling it's hard to stop. One of the main reason was the ICOs which were successful last year they also selling eth in the open market so eth price go more down. And at this time in market there is lots of platform token and technically bthey are better than eth.

[notlasttrain]

Like in all revolutions, there will be wins (prize go up) and loses (prizes go down). Changing the mentality of how the money can be used will take normally 1-2 generations. ETH is a step forward, but hopefully not the last one. A new project can take crypto currencys to new level at any moment.

Is it worth buying a crypto currency after it has been growing steadily for six months?

[pri3oner]

it's clear after the 2017 rise that either ether  or bitcoin (maybe both) will be in recover mode! Why do u act like it's something abnormal?

[EmmanCryp]

Truly ethereum has been declining much in price but other altcoins competitors are not spared by the bears too. It's hard to believe that ethereum can be below $300. It's a good opportunity to get it at an affordable price.

[blackhawkeye1912]

One of the reasons of price drop of ETH is the dumping of coins produced from ICO sales and bounties. A massive amount of ETH were created through ICO. Better to think of a solution with this problem. Would it be good to set limit of ETH like BTC? But what will be affected by that?

[Autocarnet]

Ethereum was originally dependent on bitcoin and I don't know why you decided that it should cost $500 now.

[blckhawk]

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?

Well, ETH down situation is just alike of BTC down situation as well, I guess. That is why ETH marketcap situation feels like hopeless because BTC marketcap doesn't show any kind changes positively they just only make us somewhat excited, it would go a little higher, and then it will drop back at it again on its worst possible price situation. Just keep on doing your stuff, something miracle will happen later. May be it is not yet the time for bullrun to happen.

[cryptoblazter]

Ethereum is not perfect, it has some improvements to deal with. These might be one of the reasons of price drop. Especially now where similar blockchains are created such as cardano and neo. Technical issues should be resolved immediately to show Ethereum is still the second best.

[chip1994]

This time it is clear that Ethereum is the most potential crypto on the market, surpassing BTC. The altcoins, as well as ICO, are now using smart contract technology of ETH so the future of ETH will be very potential. So it is not difficult to understand that by the end of 2018 ETH will recover strongly.

[Kharz]

Unfortunately, the rates of ETH is still below $300 recently. I've just checked the price is about $274 right now. I think the ETH rates will always become a hot topic till the next year. It is because many people invest in ETH, and they want to know about the current issues related it. Moreover, the market development seems very slow. Many people be afraid and look for the information by discussing it to others.      

[Rengga Jati]

ETH is a very hot topic. Many say it will collapse, many also say it will survive. And I myself cannot guarantee which is true in the future. But, seeing the price or rate in the market right now, i also realize that Ethereum is going to collapse. But, I will not be pessimistic. I know that all coin rates are dumping. I'm still sure that the ETH can survive and increase it value. For, most projects use this coin for the main payment. It will be always hot topic in this bear market.