Ethereum just crashed 10% in 3 hours

[Bitcoincole]

Well, their is no news that might be the reason of dropping the price of ethereum coin is just crashed 10% in 3 hours. It was a purely a problem of supply and demand in the market thats makes the movements of stock will decreases.

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[LuciferEveningStar]

Anyone know the reason of it?

I did not know the reason why it drops but it was the best time today to invest a huge amount in order to earn more profit in the market when the price started to pump up again.

[bantalguling]

I do not know the exact reason why the ETH experienced a very large price reduction, I thought that if BTC experienced a price decrease, then the ETH affected was very large by experiencing a very rapid price decline, but the ETH was not easy to increase even though BTC was very easy to return to original price

[edulord]

I really do not know the particular reason for this why ethereum keeps falling but I am sure it is as a result of manipulation by the big whales or there is less demand for the coin as more people are selling rather than holding or buying more of ethreum. It is also being affected by the negative news spreading around it.

[GoodHounter]

no one will say exactly the reason for the fall of Ethereum. most likely it is the impact of the market decline.

[spyda5556]

Yea based on the information I've heard it's money that was made from ICO's and then dumped. Supposedly shifted into BTC but by the looks of BTC also falling it's probably more likely that the Ethereum dump was diversified into other alts as well an maybe some USD tether also. Moving it into other altcoins would make more sense though since there are some really low BTC prices on alts right now.

[skip60]

There is no reason for panicking. This fall of Bitcoin affected nearly every coin indeed.

Yes, the fall of Eth is rapit, but I believe it can easily recover with bull market. ETh is a very perspective coin, good working platform. There are too many speculations about its fall.

It ll be back at 400  at the end of the year.

[BTCreward]

There is no reason for panicking. This fall of Bitcoin affected nearly every coin indeed.

Yes, the fall of Eth is rapit, but I believe it can easily recover with bull market. ETh is a very perspective coin, good working platform. There are too many speculations about its fall.

It ll be back at 400  at the end of the year.

I think the Ethereum could still drop to $ 150. Bitcoin fell and it certainly affected all the coins and I agree with that. By the end of the year, the cost of Ethereum 400 dollars seems plausible to me, but still there is hope that the cost will return at least to 800 dollars.

[hetecon]

I just checked the course - I'm in a panic. Ethereum has gone to the bottom and now is more than 200. I can not find an objective reason for this. But it seems to me that this is temporary.

[Denreal]

This is just the reality of this time and i feel it will not last for too long. I know dome people are already panicking because of the dump and the are selling at that same low price. We should know fully well that the market will still recover and things will get better.

[kinamotorami]

As far as I know, the current rate of decline of ETH is the highest, but in today's market the pennies will never fall like ETH.

[Utyg]

The first factor is the price of bitcoin if it is down behind it and everything else. And of course the second factor is that all ISO distribute award on the air. Then this ether merges on the stock exchange at ridiculous prices. That's what all the trouble is.

[batang_bitcoin]

As far as I know, the current rate of decline of ETH is the highest, but in today's market the pennies will never fall like ETH.

This is alarming for those that holds a lot of ETH on their portfolio's.

The decline has been massive and bitcoin got a chance to pump for sometime but ETH never shown any significant move as bitcoin. Its going to be the best place to invest in this market, I'm talking about BTC. I've got few ETH's and won't sell at this moment, probably I'll buy few if it drops more.

[JCO05]

Anyone know the reason of it?

It is still because of the continuous downtrend in the market. Selling becomes more risky as the market value continues to fall. Holding should be prioritized during red market days in order to avoid complete loss of profit as well as regret when the time come that the market again starts to recover from being downed for months.

[Piskeante]

today, another 10% drop. I told you , ETH is dead, noone gives a fuck about tech, it's all about money and manipulation of the market. Enjoy this huge dump. The coin will not survive.

DO NOT PUT MONEY ON ETH. It's doomed. You've been warned.

[viktoriya1945]

I don't see any reason for such a drastic fall in the price of the Ethereum, except for news about the change of its protocol to PoS. Perhaps the price sagged because of the general negative mood of the market.

[iwamoto77]

The cost of cryptocurrencies depends on the General behavior of the market and the powerful manipulation of specially trained people in order to collapse and buy at the lowest cost and in the future to have a big profit.

[Tejas05]

Now is a bear market with a negative market sentiment. Etherum will come down to about $150 and then the bulls will kick in.

[killat]

Ethereum is still an altcoin and it will behave more or less like most of the altcoins in a bearish market: they will lose their value more than Btc.

During bullish markets there are altcoins that can perform better than Ethereum. Try to have a look to non-ICO projects (one of them in my signature) and you will be surprised to discover that a lot of profit can be done if you choose new projects but with huge potential.

[akishang]

From the looks of it, a lot of people are dumping their ETH or using ETH to buy other coins. They have given up on ETH and decided to proceed with the next investment. If I was on the same situation, I will my ETH by the time its still around $270. If the price go below that, there is no reason for me to sell because the money that I will have will not be that much. I would recommend hodling instead of selling for now.