ETH is now hot topic - Whats wrong with it?

[hashshashin]

The situation with Ethereum is now completely normal. The price has temporarily decreased, but the cryptocurrency itself continues its stable development. Now Ethereum feels much better than the vast majority of cryptocurrencies and is trustworthy among investors.

I think it is too early to say that the situation with ETH has stabilized and investor confidence has recovered, because the price is still low and does not show growth. But I am sure that the situation will improve and the price will rise, when the whole market recovers. There is no reason to panic.

[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?

Ethereum already reach the ATH $1200+ dollars and no doubt Ethereum was still the King of ICO and smart contract services what prove still they want to show! No matter what happen just remember that during 2015 when market still young and Bitcoin was at $200-$600 level Ethereum already prove that it has its own space in the crypto-world price doesnt matter anymore i believe it will return back as it is after the ERC20 platform ICO projects already finish its Ethereum dumping spree!

[danfred]

Ethereum remains a confident leader in the modern market of altcoins and is always a discussed coin among investors. I believe that the situation with Ethereum is completely normal - a temporary financial correction and price reduction. Therefore, now is a great time to buy Ethereum, while the price of the coin is at a minimum.

[BogdanGFTP]

Everyone say that Ethereum should worth 500$ or 50$ but nobody could say how to prove that. What is the evaluation technique that allow people to predict these prices? Current price could be overstated or understated and even the best analytics from Wall Street with many MBA and PhD degrees do not know that for sure.

[ereborltc]

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 ETH will still skyrocket. Although the current market is not very good, it will rise with the price increase of BTC.

[teosanru]

Price has fallen down so badly that I doubt if ETH would have any future at all. The trust that people initially had in ETH has been long lost and now they are exploring alternate blockchain technologies like EOS for instance. I still feel that Bitcoin will be the king, but this ETH is going to be a thing of past in no time.

[Mr.Noda]

I hope that before the New Year, the development team will introduce an update of Serenity and the price of ethereum will soar to the skies. I think this is a question of several months.

[trobbert]

Yeah, ethereum is hot nowadays, because it reached bottom level and everybody is afraid of next down trend. I predicted this down trend, but I thought that bottom point is 350. Unfortunately I was wrong and ethereum hitted 160$

[ramahero01]

I have not seen that ETH is recovering even in my opinion that the current price of ETH is still at its lowest level and I myself hope that at the end of this year the price of ETH can rise again to its peak.

[johnleo]

There is a rumor that Vitalik will develop another project, maybe it make big investor hesitate to buy more, they just want to wait and see. I think it make the future of ethereum unclear too.

[bitc0000]

For about three months, Ethereum dropped its price to 175 bucks, because a lot of ICOs were fixing their profit in fiat for the further development. That caused the price drop and now Ethereum is slowly recovering itself.

It just stopped falling down, too early for us to say that ETH is recovering. With me, if ETH can go up to 300$ then ETH is really recovering and ETH needs a big event so prices can go up, and by the end of 2018 ETH will hark fork. I am waiting for the return of ETH later this year

[andor.gellenhidi]

There was a lot of news that could worsen the situation with the ETH project, but in general I think that nothing bad happened for this project because the market is now starting to recover all its positions including such giants

[bastian466]

But at the DevCon conference yesterday, comments Vitalik Buterin founder of ethereum, resulted in a surge in ethereum prices up 4%, hopefully this will be a fresh breeze for the resurrection