Ethereum drastic decline

[Al-e_x]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

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[vy99]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

Can't say I'm surprised. Ethereum has had several issues over the years including scalability.

I remember when people used to think that ETH could seriously rival BTC but we're way beyond any flippening happening.

[Kenthunan_rondo]

All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.

[hildacitra]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

I am holding Ethereum for about a year, I am waiting and expecting the price will rise as 2017 which Ethereum reach the top value. In fact, since the end of last year, Ethereum seems losing out its value, till now it is still with the lowest score. I am wondering whether Ethereum will survive in crypto currency or it will remove and completely lose its value. 

[batang_bitcoin]

You should move this thread to Altcoin Discussion.

All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.

It also has a lot of disadvantages where scammers can use it to create their coin and start their own ICO. Collect millions of dollars and later will just dump the coin they created through ETH.

[SUDARMONO]

I think that is also the reason that made ethereum go down, because the many ico scams and ponzies make people lose faith.

[aryaadikariyansyahsuwarto]

This decline is very painful, where the average lot of people save ETH after bitcoin. If this stays like this, I am sure that the ETH will be abandoned by investors and can be even worse ...

[shoeshineBro]

Ether is at $192....
Down 85% from its peak.
 
Textbook pump & dump
 
 

[Nakedbitcoin]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

This are the garbage of crypto currency, the scammed is the main reasons why the price of crypto currency in countered a massive fluctuations.  Because some investor's are losing their interest to invest their money in crypto currency because they think always that crypto is a kind of scammed activity.

[Tissuecoin]

I'm quiet surprise in the drastic fall of the market price of Ethereum. Due to this fall, a lot of ICO projects don't want to list their tokens for trading to commence. they are scared their tokens might get dumped.

[Meysa_richa]

You are very detrimental to people and also scammers are very damaging to prices and make people lose a lot, and it is true that results.

[dinapawitra]

I don't think so. In my opinion, because of the many offers buyers buy ETH at low prices, the price of ETH falls on the market...

[Crytocoin]

Winklevoss twins just announced a stablecoin backed by USD. The Ethereum-based token is:

- Approved by NY Department of Financial Services
- Dollars held in FDIC-insured State Street account
- Audited by multiple third-parties at various times

The market continues to mature.

[Virtual-Money]

altcoin is all in decline, don't be worried Ethereum is included to negative percent

[Sephire]

It is not just Ethereum but most altcoins have had a drastic decline from the Jan peak. Even bitcoin has declined 70% from its last highs. It is just a big correction that may be close to ending.

[CryptoXis]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

Those might affect the value of ETH due to its scalability and prone to negativities fud. Once ETH were established again like ETH 2.0 that Vitalak might considered. This will revived the value of ETH and potential investors will flock on it.

[Okkured]

Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)

and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.

Ethereum already has several scalability problems. for years. people used to think that the ETH could seriously compete with BTC, but remained outside of all the flipping that occurred.

I can say ethereum was damaged by his own followers. too many people suffer losses due to Ponzi schemes, gambling, and the like that use the eth platform. therefore ethereum may have to make a new innovation to restore users' trust in their platform

[dsc]

Ethereum is also responsible for all the shit ICOs.

[knuckey]

this market panic has affected eth holders to sell their assets, especially the developers competing to sell eth they got from ico. it is very sad that eth was thrown away very hard and scared many people.

[Bernardo lewanusa]

this market panic has affected eth holders to sell their assets, especially the developers competing to sell eth they got from ico. it is very sad that eth was thrown away very hard and scared many people.

because the bitcoin price continues to be bearish, the altcoin also follows it,
and of course ethereum also follows it, and bitcoin domination has also 55% made the price of altcoins worse.
keep calm and hodl!