Scammer Can affect the ETH price.

[chadtn]

I think that the price of the air is controlled by big players, their task is to minimize the rate and buy at the best price, then I hurry to sell the coins, I think then it can be made much more profitable. What do you think about the price reduction? What price should be on the air?

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[Astermony]

 yes you are right but for me, the main factors that affect above all reasons are the massive dumping of the Ethereum holders including the investors who are afraid to lose further.

[frost_wind]

Unfortunately, now the ethereum does not need the help of scammers to fly down , it successfully copes with this task by itself   . Those who worry about the attack 51% can calm down. Eth blockchain is safe, because the largest part of its total network hashrate is gpu miners, which means its network is decentralized.

[freya louis]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

If associated, it seems reasonable that one of the reasons why ETH prices are falling is because scammers are increasingly carrying away the investors' money they collect during the fake ICO they run. Now we must be more careful in choosing projects that will be used as places of investment and sanction the perpetrators of scams.

[wizardcrypto]

l totally agree with you mate . there are lot project in the crypto space that have well structured project vision in dilllusion all these happens because there is no regulation of ico , and many bounty hunter promote this project in the name of been paid by the project token or coin as the case may be or even with ETh which also lead to many investors believe in such project. this act have affected the price of eth and eth is yet to maintain the second position on the coin market

[chip1994]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

The scammers you mentioned in your topic are the ICO project scam, right?. And I belive that the ICO scam project will dominate the price of ETH if the project is invested a lot of money by the investors. And the other thing that the ICO project has lost the belief about the market and will panic sell all ETH to cut loss.

[nemey]

Sadly, so sadly. But I think that your statement may be true. Scammers are everywhere and they are too smart in utilizing the smart contract of ETH or other technologies. They know the chance of inviting the investors to them and then leave them with the coins that they already got. However, ETH is still in that very sad price, Looking at the price right now, it is very drastic dropped. I don't know it will need how many months to recover.

[bitcoin31]

It can affect to the ethereum price also. Because if the scammer have a lot of ethereum and they decide to sell it for sure the proce of the etjereum will dump the value. Remember scammer have a lpt of xoins because theu scam people with thousand of dollars.

[coin-investor]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Rightly said so, I have seen that so many times, so it's important that you follow the development of the ICO that you are promoting and any bad sign let the community knows about it and involve the community in finding if it is a bad one or a good one let's help each other.

[King Bounty]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

indeed one of the reasons why ETH prices fell because many ICOs were scams, which made investors sell their coins to ETH and cash out, but another cause of ETH price drops is due to falling BTC prices, so that ETH prices also down, because I'm sure if the price of BTC stays at $ 18,000, maybe the price of ETH won't go down very far like what is happening now.

[suzanne5223]

I think some hackers can affect eth price,because after hacking of exchange they can dump coins.
Also attack 51% can affect market as well

Yes, scammer can affect the price of ETH but the case of 51% attack is definitely different from hacker issue because 51% attack was logic which some coin competitor used in other to steal the show from a coin which seems to be a obstacle for their project success. While, hacking a act played by online theft but it usually affect all coins and the only reason which it can affect a single coin is if the coin was the main target.

[zcashplan]

The scammers are not only affected by the price of Ethereum. In fact, the bubble of this year is caused by scammers. Many altcoins projects are worthless, so Bitcoin will choose to depreciate sharply to kill the altcoin. Is the right way.

[R9s]

This is for sure, because after the fraudsters successfully implement the scam, they will sell the cryptocurrency they received in exchange for cash! And ETH provides them with convenience!

[Fluxtorrence9]

90% of people in crypto space that are scam victims are scammed through ICOs ,this is what is making erc20 ETH looks bad ,smart contracts has become the easiest way for scammers to scam victims ,I hope something will be done about this in the future ,ethereum deserves better

[GmBoom]

I think that it cannot be possible to accumulate scammers on that huge amount to disturb the current price marketcap of ethereum. Because when scammers pretend that their project was very legit, they can undergo for the SEC first which will be busted. But if they succeed. There is just a little amount to be accumulated for sure.

[Miklight88]

I don't see that as an excuse to get ETH dip in this market , we can all see that market generally is down even the king itself is down so why so much concern about ETH , oh you have some bag n wondering why you in lost , just hold and wait for market turn around.

[Who I]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Thus, it does not affect the price of ether in any way. The price of ether may be affected by other scammers. In other words, they are called manipulators. I consider them to be scammers as they manage the market for their own benefit

[thunderbolt88]

They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH.

[Robotbitcoin22]

Factors from the scammer did make the market crumble. ico has cheated and dumped ethereum prices. and this is very detrimental. as we already know that this year there are many ico who cheat and run away

[Fortified]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

I think not only ETH was affected but the whole cryptocurrency maybe its not affect directly but it killing crypto slowly , so this should avoided and prohibited .