What is happening to ETH?

[shendy]

This is the game that is going on, as a beginner it must be vigilant and careful to deal with this. Need to learn a lot to bring success. Eth's value was enough to panic, but surely it can overcome and what will be done.

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[Gaaara]

Whats is happening to the market right now?

ETH is dropping as hell. 10% yesterday.

BTC still on the same!

Does anyone knows WHY?

I believe it is mostly because of bitcoin, the impact of bitcoin increasing its value is somehow significant in ETH and other altcoins its not severe but it still affects the overall market of ETH and every time bitcoin has a movement or improvement it is most likely that most (not all) altcoin might suffer for the reason of bitcoin changing.

The market fall of ETH won't be long though rejection is part of every coin in cryptocurrencies and it is normal for one to have some difficulties.

[ellehcar]

Whenever Vitalik says his predictions about crypto, it follows that eth goes down. Well, that is just based on my observation. So that's one factor. Another is altcoins are correlationally proportional to bitcoin. Whenever btc goes down, almost all altcoins go down with it too. But eth among them has surprisingly and alarmingly drastic drop. Imagine its creator says things like crypto could drop to near-zero if people will not really panic and sell all their eth. Well, I appreciate Vitalik for being honest and realistic. Anyway, at the end of the day, their decision to be swayed and sell is still up to them.

[slaman29]

Whenever Vitalik says his predictions about crypto, it follows that eth goes down. Well, that is just based on my observation. So that's one factor. Another is altcoins are correlationally proportional to bitcoin. Whenever btc goes down, almost all altcoins go down with it too. But eth among them has surprisingly and alarmingly drastic drop. Imagine its creator says things like crypto could drop to near-zero if people will not really panic and sell all their eth. Well, I appreciate Vitalik for being honest and realistic. Anyway, at the end of the day, their decision to be swayed and sell is still up to them.

I really have to agree with this. Recently anyway, sometimes I feel like these founders just need to shut up and let the market decide where it wants to go. But didn't Mr Vitalik say that he wanted to step down from Ethereum? About time too. The price will suffer like hell for sure when or if he does that, but if ETH wants to survive after this, they definitely need to clarify to everyone that Ethereum does not have 1 person to fall back on for everything. Time for this centralized leadership ETH to try become a bit more decentralized.

[starblocks]

Interest from new investors has declined a little giving some holders the jitters especially short term speculators

Add to that some negative sentiment in the market which could be attributed to recent FUD spread by the media and you have a bit of uncertainty

I wouldn't worry too much though it's normal for this to occur in the lead up to further improvements

[Yamifoud]

This is the game that is going on, as a beginner it must be vigilant and careful to deal with this. Need to learn a lot to bring success. Eth's value was enough to panic, but surely it can overcome and what will be done.

We knew already prices fluctuates easily as it happen into ETH. We never to have worries if Ethereum price fall cause it actually recover in few hours and it is matured enough for that situation. This is not the first time that market fall since from the start, there is the more worse thing happen before that of today.

[honghe99]

The decline in Bitcoin has affected the price of Ethereum. Of course, this is also related to the panic effect. When most people start panicking sales, it may cause further decline in the market!

[Mt. Dempo]

there was no news or a fundamental reason for the market crash, who knows what caused this and I was confused about this sudden decline. crypto is a fluctuating market and can change at any time, but I don't think we should panic about situations like this.

[jikurpa]

Whats is happening to the market right now?

ETH is dropping as hell. 10% yesterday.

BTC still on the same!

Does anyone knows WHY?

currently the market is declining and all crypto currencies are also experiencing a decline indeed the risk of investing in crypto currencies is often unstable rising rapidly even down very drastically without anyone being able to know for certain, in conditions like today it takes intelligence we use every opportunity we get to get a profit

[-Newera-]

Maybe it's because at the same time the stock market has fallen sharply? But it's just a guess. In the next two months we will know how the crypt market will continue to behave. Everyone is waiting for the Bitcoin.

[pisston]

Maybe it's because at the same time the stock market has fallen sharply? But it's just a guess. In the next two months we will know how the crypt market will continue to behave. Everyone is waiting for the Bitcoin.

The bad situation in the cryptocurrency market is the result of artificial manipulation. Of course, these manipulations are carried out due to the presence of a huge amount of Bitcoin in their wallets and this is exactly what big whales are abusing. There is no ethereum guilt.

[rancidgash]

The same what happenning with all other altcoins. All of it dropped from 10 to 30%. but when market goes up altcoins pumping from 10 to 30% too.)

Yes but ETH was dropping too much we compared to other alts. Seems now ETH is behaving like other alts. It used to not drop that much

now the market is unpredictable, even for a solid cryptocurrency such as ethereum my friend
i think ethereum try to find a bottom price,, 

It seems that it is not Ethereum looking for a bottom price, but some whale shakes weak hands to find the bottom price.
The lowest price for ETH this year was $170 - I do not think it could fall back to this price again. November will be a month of increases.

[Chachacoin17]

Whats is happening to the market right now?

ETH is dropping as hell. 10% yesterday.

BTC still on the same!

Does anyone knows WHY?

this is just a kind of manipulation of the wholesaler's game to buy at a low price, they always create panic at the small traders to sell their coins, and I still believe that eterum and others will soon go to the moon

We can't control the manipulations unless there's a regulations behind eth platform, but I don't think this will continue to ponder. Whatever it takes the holder will not surrender even though right now many people perish a lot without any successful trades. Eth will soon recovers and survive the current trend happening.

[Reatim]

Maybe it's because at the same time the stock market has fallen sharply? But it's just a guess. In the next two months we will know how the crypt market will continue to behave. Everyone is waiting for the Bitcoin.

This is also my hunch as to why crypto in general experience a sharp decline in the last couple of days. Stock market falls sharply and the domino effect is has to crypto is very solid. Right now though it seems that its over as some altcoins seems to bounce back and ETH is just below $200 (at $199.xx).

[DudeAtWork420]

Whats is happening to the market right now?

ETH is dropping as hell. 10% yesterday.

BTC still on the same!

Does anyone knows WHY?

this is just a kind of manipulation of the wholesaler's game to buy at a low price, they always create panic at the small traders to sell their coins, and I still believe that eterum and others will soon go to the moon

We can't control the manipulations unless there's a regulations behind eth platform, but I don't think this will continue to ponder. Whatever it takes the holder will not surrender even though right now many people perish a lot without any successful trades. Eth will soon recovers and survive the current trend happening.

Even if ETH gets regulated by the goverment or any cryptocurrencies get regulated , we still can not control it. Just look at those fiat, how many times it got pumped or dumped by them ? even because of that, some countries were facing a crisis. Manipulation is part of human, as long as you and them are human we can not avoid it.
beside manipulation, the reason why cryptocurrencies moved to the ground was due to fear and hesitation. a lot of thing happened with them when cryptocurrencies reached its peak a few months ago, losing their investment and even some of them were losing their house.

[BTCedgar]

The reason why the price of the bitcoin and etheruem is falling , because those people who bought bitcoin and etheruem like before 2-5 years are selling their bitcoin and etheruem because they need money or they scared to lose their profit and because of that other people are selling bitcoin and etheruem because they panic.

[btsjungkook]

Bitcoin and etheruem prices are falling because more and more investors are selling Bitcoin/etheruem at low prices, causing the price of Bitcoin/etheruem to drop. If they continue to hold Bitcoin/etheruem at a low price I am sure the price of Bitcoin/etheruem will not fall this way. And now there are also some countries that prohibit the use of Btc/Eth so that Btc/Eth users in the country stop using Btc/Eth. Surely this greatly affects the development of Bitcoin prices. But the current Bitcoin/Etheruem price increase may be long and the price will rise even higher.

[Biscutard]

Whats is happening to the market right now?

ETH is dropping as hell. 10% yesterday.

BTC still on the same!

Does anyone knows WHY?

It is probably the FUD again that brings down the price of most altcoin and bitcoin. It will continue for the next few months if we don't have a good news coming. So the suffering and bleeding of most altcoins will be felt so does bitcoin because it just dropped to -$300 from it's previous price, what more could we expect from it?

[marcbitcoins]

Whats is happening to the market right now?

ETH is dropping as hell. 10% yesterday.

BTC still on the same!

Does anyone knows WHY?

Not only the Ethereum but most of the Altcoins are falling again. This was due to we are still in the middle of the bearish market in which most Cryptos were affected, its just happen that Bitcoin did not fall but this is not what we are looking for the Bitcoin price therefore Bitcoin is still affected too. Hopefully it will bounce back now and that the bearish market will be over as we have few months left before this year will end.

[maldini]

All of this is because the market is still in flux, when the trend has risen but the volume is not parallel to the increase, the market will return to the bear. So you just have to hold the coin you have, learn to be patient from now on than you regret and lose