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Author Topic: Scammer Can affect the ETH price.  (Read 24488 times)
AlphaGoo
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December 13, 2018, 09:01:05 AM
 #121

Yes, a lot of ICO scams made investors fear, and even the ICO developer team felt fear of selling Ethereum, so now Ethereum has been hit hard, and I think the price of Ethereum will be difficult to recover in the future.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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langaw2018
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December 14, 2018, 09:39:27 PM
 #122

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 they will sell immediately so they can affect the whole market cap of ethereum.
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December 14, 2018, 09:46:12 PM
 #123

price of ETH down because many people hold eth and then sell them without thinking about the price. Why? because their have ETH from fundraising ICO, this is why eth price is going down. Also, the supply doesn't limited.

Well, I think eth is only for gas not for investment. I know it can be invested too but it is better invested in bitcoin. if you want to have some eth you can buy instantly with bitcoin

]
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December 14, 2018, 11:28:49 PM
 #124

I think that for the most part, the huge number of projects created at ERC20 influences the price of Ethereum. It is they who lower the price lower and lower, and the reason for this is not the readiness for such a protracted fall!
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December 15, 2018, 10:00:02 AM
 #125

Yes, when the scammers become a lot, the price of Ethereum will be affected. In fact, this has become a fact. ICO is a gathering place for scammers. The purpose of many projects is money. Ethereum is now depreciating sharply, which has become a sad reality.

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December 15, 2018, 10:17:23 AM
 #126

If the issue of scamming activities continue without any solution,  ICO will die and ethereum reputation may be affected though,  ethereum it's self is not a scam coin but those that scam people's ether will tarnish Ethereum reputation!

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December 15, 2018, 10:24:13 AM
 #127

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 is sad to say but it is the reality of ethereum. The primary use of ethereum token is to make a smart contract. The ERC20 TOKEN smart contract helps every project to show an immutable public access. ICO's take advantage of ethereum and most of them are existing not because of the future project but to scam people all over the world. Maybe, it helps for the ethereum to move down since they pull down the price of ethereum and many iCO are made in erc20 smart contract.
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December 15, 2018, 10:29:04 AM
 #128

This is the one of the reasons but the main reason is that the low demand of Altcoins and ICOs in which mostly are using the Ethereum platform. ICOs are failing and Altcoins also are panicking making the transactions using Ethereum gas to become low. If this will continue then expect Ethereum price to reach as low as $50 soon.
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December 15, 2018, 10:29:14 AM
 #129

Yea i do agree to it as well because there is a lot of people who wont buy ethereum due to this but still there are a lot of project that needed help from the ethereum so lets just wait for it to happen once again

Dacosta Osei-Tutu
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December 15, 2018, 10:53:27 AM
 #130

I strongly agree with you. These ICO scammers are the main cause of panic and discouragements in crypto. If we minimize scams in crypto. More investors will start investing in crypto.
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December 15, 2018, 10:58:09 AM
 #131

Yes, a lot of ICO scams made investors fear, and even the ICO developer team felt fear of selling Ethereum, so now Ethereum has been hit hard, and I think the price of Ethereum will be difficult to recover in the future.
yes very true. Scammers are now smart and can do everything that can scare investment and investors who want to invest in ETH.
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December 15, 2018, 11:04:29 AM
 #132

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?
These are hamsters, which are the majority on the market. And they are diluted by trade bots, so the entire market is now not only suffering from them, because there is no control, but also from the constant backwardness in development.

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December 15, 2018, 11:10:03 AM
 #133

This is the one of the reasons but the main reason is that the low demand of Altcoins and ICOs in which mostly are using the Ethereum platform. ICOs are failing and Altcoins also are panicking making the transactions using Ethereum gas to become low. If this will continue then expect Ethereum price to reach as low as $50 soon.

I do not think it is the main reason, because according to the information I know by reading the daily newspaper, no ICO scam or any hacker can make a sum of over $ 10 million. That money is too small to affect the price of ETH
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December 15, 2018, 12:48:41 PM
 #134

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?
Your opinion is certainly very convincing to me and it seems that many are trying to make a profit in a way that is not commendable, but it is indeed difficult to be able to resist this method because it can and can happen.

GermanGiant
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December 15, 2018, 01:38:12 PM
 #135

This is true, this is why eth prices are destroyed. Because of the easy terms and the absence of clear regulations, many projects launched ICO. And then many fraud projects are offered to investors. So this is what is happening at ETH now.
Autumn.MediaGrp
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December 15, 2018, 01:45:03 PM
 #136

Scammers get just the small amount of what the circulation has, i dont even think there is alot still getting baited by those things

Astermony
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December 15, 2018, 01:48:42 PM
 #137

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 agree with you because of a bunch of scammers that collecting more ETH from the investors they had scammed and now dumping massively resulting the supply getting bigger that eventually crashing the value.
LukkasG
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December 15, 2018, 02:12:11 PM
 #138

Most likely there is some truth here, but I doubt that it is the main reason for falling ETH price. I still blame speculations on the market.
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December 15, 2018, 02:17:42 PM
 #139

I think like that when scammers get ethereum with a large number of investors then the scammer directly sells it in my opinion very influential. imagine if there were 10 scammers each getting around 30 ETH then they sold it together
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December 15, 2018, 02:33:19 PM
 #140

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 agree with you because of a bunch of scammers that collecting more ETH from the investors they had scammed and now dumping massively resulting the supply getting bigger that eventually crashing the value.
maybe your opinion is true because with the many scammers, of course, it will increasingly influence the current crypto price. but the current decline in crypto prices could be one of the strategies of large investors or developers of these tokens to look for profits again in the future and none of them knows the certainty.
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