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Author Topic: Scammer Can affect the ETH price.  (Read 24553 times)
Cordwel
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November 16, 2018, 08:38:02 AM
 #41

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?

it's true that the scammers will immediately sell their ETH, but I'm not sure that's what caused the eth value to drop. eth that they managed to collect was not that big.
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November 16, 2018, 08:40:42 AM
 #42

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?


This is probably the only benefit of the ETH's price drop. But a lot of crypto money is closely related to the price of Ethereum. For this reason, Ethereum's price should rise as soon as possible. I think it's unlikely that until the expected bull season, Ethereum sees $ 500.
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November 16, 2018, 12:43:47 PM
 #43

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 there is no effect between scammers and ETH exchange rates. If a scammer sells ETH for a large amount, then the investor will buy it in large quantities. This means that reciprocity from ETH exists.
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November 16, 2018, 12:47:28 PM
 #44

You mean by this is those ICO projects? Yeah, that's pretty much how they do it. Since ICO projects in cryptocurrency world is hard to distinguish if it's legit, investors tend to get scammed and those scammed ETH are being dump. That's pretty much how they affect price.

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November 16, 2018, 12:49:42 PM
 #45

I also have the same thoughts as you, I was very surprised and sad because the price of etherium has fallen sharply. I don't think, why are there so many scammers who are not responsible for misusing etherium. so that this greatly affects traders and bounty hunters who expect etherium prices to rise.  and investors will definitely be greatly disadvantaged.
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November 16, 2018, 01:04:01 PM
 #46

Yes, well in fact, people now are just taking advantage in ICOs and most project are using ETH. Also got the point of Market strategy, they used it to tricks the investor and they promise something and it just turned out to be a scam, this is the reason why investors right now are scared. So the best thing to do for investors is to review which projects will be successful and worthy.
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November 16, 2018, 01:29:27 PM
 #47

not only ethereum, but all crypto.
Scammers make a lot of people lose confidence in Ethereum and Crypto and that greatly affects the market and altcoin prices

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November 16, 2018, 01:39:01 PM
 #48

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?


yes maybe that is one of them, but it won't fall easily as you say when the scam sells ethereum. this depends on the market itself, but if viewed from the current situation and situation.
can be an ethereum factor down deeper
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November 16, 2018, 02:03:05 PM
 #49

While this one have the chance of affecting the ETH market, I don't see the capital those scammers have acquired easily affect the whole market because they have quite small portion but it can't be underestimated
because the number of the coin they steal is growing day by day and need to eventually be stopped.

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November 16, 2018, 02:08:55 PM
 #50

I don't think it has any kind of relationship with the price of ETH because while they are selling, investors also have to buy it for investing in those fake ICO or whatever. So, it's less reasonable. I think ETH is being lowered just because everybody is dumping and trying to get into BTC.

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November 16, 2018, 02:10:50 PM
 #51

Scammers have a very bad effect on the credibility of the crypto market, especially the arrival of new investors, they spoil the crypto market, I hope the scammers will soon end!
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November 16, 2018, 02:42:00 PM
 #52

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?
Partly has a valid point and partly not! As we all know the so called crypto-dynamics the law between the supply and demand is the main cause of the price movements. if more sellers than buyers its usually affect the price for sure. So i think those scamming incidents are not the sole culprit about Ethereum price dropped! But its a complex caused!
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November 16, 2018, 03:08:52 PM
 #53

Yes it's true. Scammers must be destroyed! If this problem is not fast resolved maybe the future of ETH is no longer good. Smart contracts are too easy to make so the greater the chance for scamers to carry out the action.This is very bad to investors ,make them disappointed and maybe investors will not believe in cryptocurrency anymore. I hope all of this can still be improved.
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November 16, 2018, 03:35:54 PM
 #54

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?


This is probably the only benefit of the ETH's price drop. But a lot of crypto money is closely related to the price of Ethereum. For this reason, Ethereum's price should rise as soon as possible. I think it's unlikely that until the expected bull season, Ethereum sees $ 500.
ETH is really unstable in 2018. Its price goes down and now it has lowered support again. ETH prices may fall to around 120-150$ next month as the BTC continues to fall, ETH will rise to 500$ but I think we have to wait until the end of 2019


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November 16, 2018, 03:44:41 PM
 #55

at first glance it seems to affect prices because it is able to control market capitalists, but that is only temporary if scamer sells ETH as a result of cheats at low prices.
I think it's only limited to reasonable analysis.
but basically the price of ETH is not influenced by scammers because of its fluctuating nature.

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November 16, 2018, 04:05:48 PM
 #56

Scammers have a very bad effect on the credibility of the crypto market, especially the arrival of new investors, they spoil the crypto market, I hope the scammers will soon end!

I agree with you,  scammers blasted this market as they disappointed many people's  who worked for their projects.  Still there are lot of good projects who pay you via tokens, however planning for longterm is always  better.
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November 16, 2018, 04:14:28 PM
 #57

i think that's can affect market condition when scammer dumping Ethereum market for get big profit, especially when any some project with Scam Ending, i think the developer can dump the market whn they're sell the fund from crowdsale

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November 16, 2018, 04:49:23 PM
 #58

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?

Perhaps there is a lot of truth in your theory. But how then to refer to the falling price of bitcoin, which has a major impact on the movement of the entire market. At a daily eth volume, about 2 billion $ is how much they would have to sell at once to significantly affect the price drop.

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November 22, 2018, 08:45:51 PM
 #59

not only ethereum, but all crypto.
Scammers make a lot of people lose confidence in Ethereum and Crypto and that greatly affects the market and altcoin prices
This is correct, the effect of scammers in the market is often underestimated, they are giving a very bad image to cryptocurrencies and that is making a lot of people that could be interested in investing in this market to decide to not do it because they are afraid that they could be scammed, and we cannot say anything to them because the truth is that most people in the forum have been scammed at least once so we know that their worries are real.
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November 22, 2018, 08:51:26 PM
 #60

i think that's can affect market condition when scammer dumping Ethereum market for get big profit, especially when any some project with Scam Ending, i think the developer can dump the market whn they're sell the fund from crowdsale
I never noticed the price of ETH fell sharply while the rest of the coins grew. A ICO projects raise funds not only at ETH but also in other popular currencies. So, if a quick sale needs to fall in the price of all the coins. But in any case, it is necessary to fight fraud . You need to give them the collected funds strictly for the implementation of the road map and not on personal expenses.

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