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Author Topic: Market END or MANIPULATION?  (Read 189 times)
No_more_cheaters
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September 14, 2018, 09:59:32 AM
 #1

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
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September 14, 2018, 10:51:07 AM
 #2

how can ETH, which was supposed to be a "stable" coin
ETH as a stable coin? it is not a stable coin, USDT is.

drop a 85% since ATH?
Bitcoin dropped as well so expect that all of its underlings will go down.

how can drop that much the price? absolutely nonsense
Can't believe the drop? you have to believe it as you can see it with your naked eyes and this topic doesn't belongs to Speculations. I think this suits Altcoin's.

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September 14, 2018, 11:55:45 AM
 #3

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
Ethereum is also one of the decentralized platform so it is pump and dump at anytime. If you want to make good profit this is the right place because market will not end and worst altcoins are going to be dead. All the prices are depends on demand of the coin so we can't conclude at anytime. Nowadays most of the Projects are follow the ethereum smart contract so you feel it will not success in future but actual concept is different from ETH.

   
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September 14, 2018, 12:00:06 PM
 #4

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense

You speak like a newbie,just calm down and everything will be allright.
Most of the altcoin prices dropped with more than 80% under their ATH,ethreum is no different than all the other altcoins.Such a price drop means that their prices were a part of a speculation bubble that bursted(which is good for the market).
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September 14, 2018, 12:38:20 PM
 #5

It's unpredictable market and people can sell there ethereum anytime as long as they want to sell as we can't force them to keep holding. Although it's a drastic drop within a short period of time. We just hope that this will recover quickly as many token will be affected and the confidence of the investors will lost.

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September 14, 2018, 01:47:16 PM
 #6

No one ever know a stable coin even bitcoin has its ups and downs the fluctuation is real and I think were going to experience changes now and then every time the markets of Cryptocurrency fluctuates, We can not know the future of a coin even for the long running and first coin that is bitcoin, There is no such thing as stable coin, But I can never say that the market of cryptocurrency will end with such down trend, And a manipulation is even reasonable at times like these.
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September 14, 2018, 01:54:31 PM
 #7

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
Every coin will dump for sure, and there is no investment that is pure profit without experiencing any loses. Look at bitcoin, this is a top coin and yet its dumping. Maybe its a price manipulation but every coin will experience this. ETH is doing good today, this mean that it will always pump after a big fall just like bitcoin.

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September 14, 2018, 01:56:54 PM
 #8

When btc drops altcoins also drops. But if you want to invest and day trade i think altcoin is the best for that. If you are going to invest in bitcoin i suggest that you hodl or if you want to trade in btc you must invest with a higher amount of money so that you can have high profit. The market is so unpredictable, i think that you must be aware everyday with the pumps and dumps in the market.

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September 14, 2018, 02:44:06 PM
 #9

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
The price of bitcoin fell since the beginning of this year this is not due to the manipulation this is happening because of the investors who wants to cashout their money when it reaches very high prices so it keeps continue to fall from that but the whales maybe initiated this but panic sellers caused the prices to fall very much and ethereum also fropped due to the same reason and its growth maybe stable but it is not a stable coins.

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September 14, 2018, 03:20:43 PM
 #10

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense

You say it yourself, it was supposed. Between theory and practice, there can be a great difference, especially in crypto. A supposition is not much different than speculation. Ethereum is, at some level, overhyped by the ERC20 token. Ethereum also has (or had) a scalability issue. And to be honest, Vitalik is not really good to be the leader of such project (I am not saying I am)

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September 14, 2018, 03:56:05 PM
 #11

yesterday the ETH price reached the lowest price this year, yesterday the ETH price dropped below $ 200. the price of ETH is lower than expected.
now the price of the ETH has begun to rise, but do not rule out the possibility if the price falls below $ 200, because the downtrend is happening now.

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September 14, 2018, 03:59:50 PM
 #12

There is no such thing as stable coin. Bitcoin has its ups and downs and price fluctuates every time, so Ethereum also has its ups and downs and price fluctuates every time, this is normal in the markets of Cryptocurrency. And I do not believe that the market of cryptocurrency will end.

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September 14, 2018, 04:23:20 PM
 #13

Be very careful with ETH. Like other altcoins, it has crashed way more than bitcoin.  This up reaction might be exhausted. The trend is down. It has a very attractive support price at 140-145 usd.
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September 14, 2018, 04:59:49 PM
 #14

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
It is possible to go down, the same class of Bitcoin has also decreased, especially at very sharp ETH, but I think it's okay for ETH rather than Bitcoin, in principle basically every coin will play or descend on this market, very unique price fluctuations it often makes people panic and is not strong on such rapid movements, it is also very likely that many people sell it on a large scale whether it's manipulation or whatever, which is clearly successful has made most people panic and sell.

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September 14, 2018, 06:20:09 PM
 #15

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
I also get disappointed about the ways this market is dropping and it is really frustrating.  I hold some coins and tokens that has gotten dumped of about 90% since January.  I don't know if this is the end but I believe strongly that some people are manipulating the price of cryptocurrencies.

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September 14, 2018, 06:35:11 PM
 #16

Name: No_more_cheaters
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 Huh

how can drop that much the price? absolutely nonsense

When people do ICOs, after the ICOs they sell their ETHs to convert to Fiat. another thing, bitcoin is falling, so the ETH price is also going to fall, another reason is because it is not having many ICOs because governments are imposing tough regulations against ICOs and as we have many ICOs created by scammers, people are staying away from ICOs. put it all together then you will understand that it is understandable that the ETH price is falling

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September 14, 2018, 06:43:05 PM
 #17

how can ETH, which was supposed to be a "stable" coin
ETH as a stable coin? it is not a stable coin, USDT is.

I assume he meant "stable" in the sense that high-cap coins are less volatile than low-cap coins, which is true. But I would always expect ETH to be more volatile in both directions than BTC.....I've been using it as one of my gauges for overall altcoin sentiment for the past couple years.

Anyway, 85% is nothing out of the ordinary for an altcoin. Bitcoin has had bigger drops from its ATH in the past. 2014 was slightly worse than that.

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September 15, 2018, 09:58:35 PM
 #18

how can ETH, which was supposed to be a "stable" coin
ETH as a stable coin? it is not a stable coin, USDT is.

I assume he meant "stable" in the sense that high-cap coins are less volatile than low-cap coins, which is true. But I would always expect ETH to be more volatile in both directions than BTC.....I've been using it as one of my gauges for overall altcoin sentiment for the past couple years.

Anyway, 85% is nothing out of the ordinary for an altcoin. Bitcoin has had bigger drops from its ATH in the past. 2014 was slightly worse than that.
I wonder why this hasn't been moved to Altcoin's.

It seemed to recovered a bit today if that's what he meant about calling it as a stable coin. Like what we call about bitcoin as stable than the rest. I agree that bitcoin had bigger drop than this and its just a normal drop since we get used to it.

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September 15, 2018, 10:30:16 PM
 #19

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
There is no stable coin I think because every coins is following the trend of bitcoin. The dump is normal aftet reaching the peak, we should not panic. This kind of drop will continue in the future, learn from this one now and see the opportunity of buying cheap coins.
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September 15, 2018, 10:39:21 PM
 #20

Name: No_more_cheaters
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 Huh

LoL...throw-a-way account much??

He/She has some heavy bags of ETH, no doubt

It is possible there is manipulation yall, the big dip to $180 was only AFTER bitmex introduced the eth swap and Arthur Hays says "Hey, this is your best chance to punt ETH", what he meant by that can be interpreted many ways...

https://www.trustnodes.com/2018/09/12/bitmex-accused-of-manipulating-ethereums-price

But as for ETH's future?....there is literally billions of dollars of ICO money built on top of the platform. That alone would help me sleep at night if I had a big bag of ETH.

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BTC




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