Is ETH collapse caused by panic selling of all the ETH raised in ICOs?

[learningcrypto5421]

I think eth reflects the hype of ICOs and tokens with crashing tokens. it also decrease price but it does not mean eth are closed, i believe that it is an opportunity to buy eth. when it price are increase than you can sale and get profit its normal.

[Photographer]

It seems that I am not the only one to think that. Now I have found put that also some press has formulated the same hypothesis:

https://www.cryptoglobe.com/latest/2018/09/ether-price-down-due-to-short-sellers-scam-icos-scalability-issues/

[Zeneize]

It seems that I am not the only one to think that. Now I have found put that also some press has formulated the same hypothesis:

https://www.cryptoglobe.com/latest/2018/09/ether-price-down-due-to-short-sellers-scam-icos-scalability-issues/

I think this is nailing it. That is THE explanation. Now if we think that ICOs have collected billions of $ Worth of ETH, that is really scaring...

[malekcap]

i think im a bit agree with that, but im not sure yet about it but according to this bear market ICO's are not raising that much that could dump eth price but in the future im optemist to see eth mooning again and all market will be fine, dont worry! crypto is the future 

[sabine80]

i doubt that the ico are to blame for the price collapse. the whole market has collapsed and that is why ethereum fell off the price. if the market had not collapsed, ethereums price would certainly be more stable.

[cryptohunter]

Eth is collapsing like all alts.
It another alt albeit one with a superior dev team.

BTC dominance will return but I expect eth to remain number 2.

Since the vast majority of icos turned out to be junk and scams the interest in eth has dropped. However in time the other use cases for eth will be more widely utilized and if their scaling ideas work out nicely it will do well again.

Eth has a strong development team. Most of the icos could not even maintain a ltc straight clone or basic pos 3 clone.

ICO's are run by marketeers who failed to get their seed money outside of the crypto fomo arena.  For the most part they never had any hope of completing 2% of their fantasy white papers.

I hate to think of the btc and eth sucked from so many noob investors ...... sad and scary.

stick with btc or eth unless you are a master in conceptual design, coding , math specifically game theory .

[Photographer]

i doubt that the ico are to blame for the price collapse. the whole market has collapsed and that is why ethereum fell off the price. if the market had not collapsed, ethereums price would certainly be more stable.

There would be no point to blame them anyway. If they are selling ETH is because they cannot do otherwise. The need the money to develope their projects, NOT ETH AS A STORE OF VALUE. Hodling is not an option for them. As plain as that.

[Satosho Kakamolto]

I hate to think of the btc and eth sucked from so many noob investors ...... sad and scary.

Worse than that it is sad to see such a wonderful technology having turned into a colossal gambling casino, where most of the market's activity now consists in hyping one coin or another so as to perform pump & dumps schemes to rip off newcomers.

[PM.coins]

As many people talk about, panic by selling ETH keeps prices down. Should have thought more about the impact of large-scale sales. In this case I prefer to be silent and drink black coffee. While hoping prices jump at least above $ 300.

[leviathon]

Yes could very be since people are selling off the eth that they got from doing their icos and such large scale selling of coins is sure to affect any coin no matter how good that coin seems to be. With time though the coin will start to recover, it has really taken a hit and once people start buying up all the coins again then the price will be getting better.

[Satosho Kakamolto]

As many people talk about, panic by selling ETH keeps prices down. Should have thought more about the impact of large-scale sales. In this case I prefer to be silent and drink black coffee. While hoping prices jump at least above $ 300.

Price jumped to 100$ or so instead. We are living interesting times. Now will the next just lead to 1000$ or to 10$? Even Buterik in his own words has no idea

[Farahtenan]

The current price is freefall and makes eth cheap to get, a decline that makes panic but this massive decline must be faced and I still hope there will be an increase later. Study the graph that happened and enjoy this situation.

[QueenW]

maybe one of the reasons is really that the projects that conducted the fees on the air really sell everything now. But I think that this is not the only reason and they sell ethereum not only the projects that carried out Ico.

[santouao]

maybe one of the reasons is really that the projects that conducted the fees on the air really sell everything now. But I think that this is not the only reason and they sell ethereum not only the projects that carried out Ico.

Even the major projects aside from ICO falling. Many people and investors have gone scared with all the fud heard on the news. Im still firm it will recover but not fast slowly and gradually. I hope people see the development of the projects like eth which serenity will prorbably be here soon. Price will follow success once we see something new.

[antsam]

I think the number of scam projects nowadays is indeed a destroyer of trust for investors. The large amount of investor money that has been scammed by projects and crypto regulations in many countries that are unclear even tend to darken create market uncertainty

[mapsi]

Yes i know some of icos sold their eth holdings during huge dumps because of fear about vaporizing of funds. But i also know there are some strong icos with full of eth holding and they are trusting ethereums valuıe. I also believe ethereum. I think these prices only the cause of manipulations.

[dulinivanrus]

I do not believe that the price drop in the market is associated with ICO projects. This is the usual correction that was expected after the rapid growth of prices and demand for cryptocurrency, people need to communicate and make a hundred mistakes that would be more successful.

[Accts4u2]

Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?

It could be, you see these people are making a lot of money from the coins that they are making and when they are done and they have the amount of money that they want then they are going to start selling their coins which is when they start dumping eth and since they have a large number it can usually affect the price of the coin

[sergey1301]

Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?

I think that scammers are not fools. And they won't sell the Ethereum 90$ (price 14.12.2018). I think that they will wait until ETH grows to 1000+$.

[Tylev]

Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?

In part, this makes sense, since these coins are part of a common market, but this is not the main or only reason for its fall. Everybody is panicking right now, and not only fraudsters. Here there are already many reasons for playing the role, which are superimposed on one another, but the most important of them is the same big increase in the price of bitcoin last December. We have to go through the correction stage to the end, only after that the market will start to rise. However, a significant role in this is also played by the general distrust of ICO projects due to the large amount of fraud in them.