Ethereum just crashed 10% in 3 hours

[manvinder030429]

Only a conventional day for ETH and entire digital currency its a piece of a ball game. We are allowed now to purchase ETH at bring down cost to hold. It will presumably will make a move in the coming week simply have more patience....

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[hawkins]

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.

to be honest, seeing ETH prices below $ 200 makes many people less enthusiastic, especially for those who hold large amounts of ETH. but we all hope that the ETH price will rise again. well this is really the opposite of the previous year.

[Rembedful]

Not only has Ethereum fallen so much in a short period of time. All the top coins have lost their value . I think that the main reason is the elimination of long positions in the market in a short period of time.

That is the thing with a volatile market and how unpredictable market can be. Ethereum has gone lower than 10% and who knows, it might still go lower than it is already.

So many people are wishing they get to see things change pretty fast to the uptrend side, but what they failed to know is that there are some bound on taking out completely the weak hands in the market and anyone who is simply just panicking for no reason will have themselves to blame in the future.

[Mabinat]

I think that this is just a negative news background affected by the fact that it has become so massively sold well and of course the manipulation of the market

[xysheeh03]

I think we have nothing to do about it, we dont actually really know about price fluctuation. And also there is none such thing as price manipulation in the market. I just think that prices goes up and down simply because of its demands and supplies. And also the volume of the coin.

[Dacosta Osei-Tutu]

What is happening to ethereum right now is very difficult to explain. But am sure there are some whale somewhere manipulating the market.

[OrangeSeller]

It perhaps got affected by the price of BTC that are dropping.
Just as usual when the price of BTC is dropping, any other cryptocurrency also following to drop on their price.

Exactly! We all know most of the time when bitcoin starts showing a huge state of decline, it automatically affects the others. In as much as the market was really coming up with some solid signals, the market for bitcoin did not really help most of the altcoins that were even trying to make the push to be able to hit a substantial stage before even diving back to the lows.
A lot of people keep saying Ethereum took the highest dive, but is that not supposed to be an opportunity to buy more?

[jonhn772]

10% crash within 3 hours, in my opinion It has been for manipulation. There are many good coins that are more down for market manipulation.

[nitin8263]

Ethereum is crashing for many days but not in a just 3 hours and we can't say where will it go, as it is decreasing day by day similar it will be increase and we have to wait.

[henrytran167]

in my opion, the bitcoin go down so the crypto market go down, ETH go down too, the price reduce, so now the price of ETH above 200$.
i think one more reason the ICOs have sell many ETH, the thing make ETH go down. Hope it will come back

[dzelenyanskiy]

There is an opinion that a strong drawdown in the price of the ethereum occurred because the founder of the EOS project massively sold the ETH coins in order to discredit this crypto-currency and make the EOS more popular. Rumors are not born from anything, so this version should also be taken into account!

[jeromix]

Well i do not always check the crypto market price movement and it seems that there could be some good reason why it continues to drop that far. As we all know that this market price for ethereum right now is the lowest market price for ethereum in the year 2018. Maybe there could be some good reason also why it drop that far.

[zxl912157]

That's very normal in cryptocurrency because the basic nature of it is always up and down the price.
If it drops 10% it might be reasonable for altcoins, even if the altcoins price is down 80% in a matter of minutes.

[Piskeante]

another crash incoming. you've been warned. 30 septembre ETF WILL BE DENIED.

[nianastasia62]

It as fall and rise ! And do not worry that you are not on the right track ! You have to believe in the idea you are investing in and Ethereum is one of the most successful coins after bitcoin !

[moepaing]

ETH is not reliable now and it has lost its strength to the increasing. EOS is close to beat ETH like the most promising alt coin to my opinion and ETH is not worthy at all.

[Dolarin]

I think the rumors about the hacking of the wex exchange may have affected. But they were false, so the price quickly recovered.

[d2s4]

Till the end of this year ETH will have small changes buut they won't be so significant because they will not cahnge the main trend of this altcoin at all.

[klarkCent]

this is not the end and we can see even greater drawdowns. because there are no factors to turn the market, and bitcoin in this case will continue to crush other coins.

[Greenparkzhiv]

Anyone know the reason of it?

Now is a bear market with a negative market sentiment. I just think that prices goes up and down simply because of its demands and supplies.