Ethereum just crashed 10% in 3 hours

[LiteNight]

a couple of years ago, the Dow Jones index fell by 10% in a matter of seconds. The reason is unknown until now. The price immediately returned. Can someone else make a mistake? Someone from the hosts of the ether. 

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[yugyug]

In this crypto world it is more expected the word volatility in any form of crypto coins in the market for it is unregulated and decentralised there will be an unstable and fluctuated value of crypto currency. If the ETH got crashed 10% in 3 hrs time, then that is a natural thing for crypto. Sooner or later it will recover to a corrective state. Crypto is very high risk and we should be vigilant for sudden and unexpected changes of its value anytime soon.

[reactorjuno]

Hi folks,

I still remain quite pessimistic for Ethereum, but I was wondering if you guys have this article? https://bitcoinist.com/weiss-ratings-bitcoin-lose-ethereum/

Weiss Ratings (who have a history at failing in their predictions but it is still worth posting) predict that Ethereum will gain massively in value, absorbing a big part of the current demand for Bitcoin. Very surprising analysis and prediction.

Any constructive opinion welcome.

[tetyulfania]

Every day I check ethereum have crashed about 5% to 10%, maybe if you have much money you cna trade or invest at ethereum because every day your profit could raised to 10%. I have see how much etehreum price day by day.

[rizkyrz]

this becomes a very sad thing for ETH crypto token holders because the price of this token is very drastically lower than before, hopefully in early 2019 the ETH token price will be back to normal as early as 2018. keep our eth tokens until eth prices return high.

[duoleduo]

Don't panic, Ethereum has created a myth, it is a coin next to Bitcoin. So you only need to wait patiently, Ethereum is only temporarily in trouble.

[lusiaga]

Don't panic, Ethereum has created a myth, it is a coin next to Bitcoin. So you only need to wait patiently, Ethereum is only temporarily in trouble.

yes most of the communities say that, but in fact the price continues to fall.
and it looks like prices will easily go to 100 dollars.
hopefully  all are not correct what i said so im not going to increase panic.

[organelles]

Anyone know the reason of it?

It could be just a normal market crash, it happens. It happens to stocks, normal fiat currencies and so cryptocurrencies are no different. There are times where you will not see any growth and all you are going to see is red, its normal. That is where patience and continued support for the coin that you have invested in comes in. With time the price will gradually recover.

[Bren Briones]

The closest possible reason is bitcoin. Whenever bitcoin value moves, eventually ether will follow. It is inevitable that the price goes down but less us have a little more patience and think positive that things will be better soon and the bull run will come the soonest. Etherium will recover just like before so keep on holding! Good luck!

[kipozer]

I will also believe in the ETH project as I believed before, do not forget that this project today covers a very large number of projects that are actively working on their projects, so I think that this is not scary.

[Rahees]

ETH has crashed for so many time so I am not surprised at all. It will lose its position of the valuable altcoin if it will have such trends like current.

[jakiro.hovard]

There are a lot of similar news that something is happening with the ETH project, but nothing bad is exactly happening, because as far as I remember Vitalik Buterin clearly does not want to finish the business started with the ETH project, so I think that it would not be so right think.

[Twinscoin2017]

There are a lot of similar news that something is happening with the ETH project, but nothing bad is exactly happening, because as far as I remember Vitalik Buterin clearly does not want to finish the business started with the ETH project, so I think that it would not be so right think.

I think we don't need to be afraid on the eth price because from the start of crypto we all know that this coin is really unstable and it is also high on volatility . So if we look at the price base on what we want maybe we can feel really frustrating but if we are going to put basis of the price to our investment I believe that we can gain on it.

[drm]

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.

How so? If you have a few more of these crashes you will get a very different trend.

[Fredomago]

There are a lot of similar news that something is happening with the ETH project, but nothing bad is exactly happening, because as far as I remember Vitalik Buterin clearly does not want to finish the business started with the ETH project, so I think that it would not be so right think.

Knowing that the team behind still looking forward to make more progress and developed for much better system can bring this coin to go up again, ETH is one of those precious coins after bitcoin inside this crypto sphere, the downfall will be followed by a big rise maybe after this we will be expecting new ATH, things still positive if we are willing to hold and wait, inside this project we need to have a lots of patients.

[Nikolas_the_Wonderworker]

I believe in ethereum and the fact that it sometimes falls by 10% now, then in the near future will give a lot more growth. I have a 25% ethereum in my portfolio and I am confident in its prosperity.

[Gurjasmeet]

I think there is any thing is possible.

[reactorjuno]

One of the major differences between Ethereum and Bitcoin is that the whales are much more active towards Bitcoin, it was the first cryptocurrency on the market and some of the whales never left the boat. Whales probably had an impact on Bitcoin Cash too last year, but in general they target Bitcoin.

So the difference when we talk about altcoins in general is that what they need is a lot of hype to gain value. Remember Ripple last year.

But because market cap is very low for a lot of them, only the hype will make them gain value, it's easy on paper but the competition has became really fierce, and most importantly atlcoins have suffered from bad publicity this year. That's why it's difficult right now, and this includes Ethereum too.

[briton]

I think this is a normal thing that happens on the ethereum. even common on all coins in crypto. because crypto will continue to change and very volatile. so it's no wonder if the crash would occur in a short time.

[danivan7]

everyone who have ETC now are worries,
so if they saw price up, they are run to sell out their coin