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Author Topic: The POSITIVE effects of ETH going down  (Read 1375 times)
coaprotet
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December 10, 2018, 09:53:04 AM
 #101

I also think that such a market correction is great for the whole industry. We will finally see less scammers and people that are here for short term profits. The believers will still hold whatever happens and as soon as the market recovers we will be rewarded.

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December 10, 2018, 09:59:47 AM
 #102

The positive efffects of ETH going down

1. Short term investors are put off
2. Hype based projects that never deliver are discouraged to put in the extra effort.

Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.

Agree?

Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork



there is no positive effect from this decline. all good things are destroyed and you still say that's a good thing?
investors lose and prices continue to fall day by day. if this situation continues, sooner or later not only is ethereum destroyed but the cryptocurrency can also end.

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robro (OP)
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December 10, 2018, 10:00:03 AM
 #103

I also think that such a market correction is great for the whole industry. We will finally see less scammers and people that are here for short term profits. The believers will still hold whatever happens and as soon as the market recovers we will be rewarded.

Agree with you there!
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December 10, 2018, 10:11:47 AM
 #104

there has never been a positive effect of the decrease in ethereum except for the holders. and traders. with the decline in ethereum prices, people will be interested in buying more
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December 10, 2018, 10:59:01 AM
 #105

It is making it easier for new companies to get into ETH crypto space. For startups the biggest trouble is always between the time of concept to getting their first funding, and during that stage they do need to make tests and really work the concept into reality and when ethereum based startups do something they usually require a bit of ethereum and when it is 1500 for one single ethereum that is a lot of money for a new startup, usually they have that much as a whole and ethereum requires it to be just for one ethereum.

This way startups can just get one or two ethereum and not spend thousands of dollars for it and still use it to check if their idea works. Basically made the ethereum crypto startup space a lot easier to get into and created a lot of income from the newly founded ideas. Lets hope there will be a lot more in the future until ethereum goes back up.

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robro (OP)
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December 10, 2018, 11:09:57 AM
 #106

It is making it easier for new companies to get into ETH crypto space. For startups the biggest trouble is always between the time of concept to getting their first funding, and during that stage they do need to make tests and really work the concept into reality and when ethereum based startups do something they usually require a bit of ethereum and when it is 1500 for one single ethereum that is a lot of money for a new startup, usually they have that much as a whole and ethereum requires it to be just for one ethereum.

This way startups can just get one or two ethereum and not spend thousands of dollars for it and still use it to check if their idea works. Basically made the ethereum crypto startup space a lot easier to get into and created a lot of income from the newly founded ideas. Lets hope there will be a lot more in the future until ethereum goes back up.

Great insights - we've been self funded until now, focusing mainly on developing our product, hiring top developers and engineers. Very soon we'll release the testnet and we believe that based on what we already have to show, and once the market is back up - investors will have some solid reasons to jump at the opportunity. Smiley
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December 10, 2018, 11:19:26 AM
 #107

Positive effect - that many can buy more crypto now, more easy entering level for new users, market selfcleaning itself from
bad projects.

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December 10, 2018, 11:29:57 AM
 #108

For a year to go down, I don't think it should be the reason we give up on ETH.
That's right, if we only need to see the positive side of bearish ETH at the moment. Even so, I disagree with your statement that this will delay short-term investors.
Short term depends on our perspective. If you talk about cryptocurrency, the value can rise in one year. And for some people, a year can be said to be short in terms of investment. Cool

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December 10, 2018, 04:12:45 PM
 #109

Exiting scammers at this moment is good, but they join us so easy how they exit now.
I think for now is time to create new technics to exclude scammers
This is really a very difficult question, which today is worrying a very large number of people. I’m sure that today you need to correctly understand that technologies and services today should still be transparent
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December 10, 2018, 06:26:36 PM
 #110

I don't really know what people shorting at 90 are hoping to gain besides a short squeeze, though some have pointed out that a small short position now for a large holder of ETH may generate a substantial short squeeze and allow for dumping of bags.
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December 10, 2018, 06:32:55 PM
 #111

Every dump to some support levels of Eth is a good opportunity. This volatile market is really great for in-day traders.
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December 10, 2018, 06:44:11 PM
 #112

For a year to go down, I don't think it should be the reason we give up on ETH.
That's right, if we only need to see the positive side of bearish ETH at the moment. Even so, I disagree with your statement that this will delay short-term investors.
Short term depends on our perspective. If you talk about cryptocurrency, the value can rise in one year. And for some people, a year can be said to be short in terms of investment. Cool
Reading through the Q3 report for the year of coingecko ( https://assets.coingecko.com/reports/2018-Q3-Report/CoinGecko-2018-Q3-Report-EN.pdf ) , got a lot of exposition to the high level of volatility of Ethereum which dumps the price. The demand in ethereum reduced due to investors low response to ICOs as the year round up, and the shared percentage of other platform for projects' token had significant effect. In the coming year due improved response to the control of cryptocurrency is some countries, it will bring confidence to mainstream investment which could pump the price.

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December 10, 2018, 06:45:58 PM
 #113

many new comers or investors will be glad at this low market price.
they can enter the ETH cryptocurrency market with a good deal to have.
Price is very appreciated especially to those first comer in the cryptocurrency world.
We can gain big at this market value.
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December 10, 2018, 06:46:45 PM
 #114

I also think that such a market correction is great for the whole industry. We will finally see less scammers and people that are here for short term profits. The believers will still hold whatever happens and as soon as the market recovers we will be rewarded.
how it can be useful. you say that such a correction helps to clear the market of those users who do not believe in crypto. But what about those people who live on cryptocurrency? they just have to sell because they need money. they can't buy food for bitcoin
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December 10, 2018, 06:59:49 PM
 #115

Basically, these positive impacts you've mentioned were the facts that an investor should do if this crisis are happening. But not all investors will further give up their eth coin. Some may still want to hodl it, until the price will rise to their desired amount.
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December 10, 2018, 07:13:35 PM
 #116

Eth very strong coin and  have good potencial in future!
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December 10, 2018, 07:20:04 PM
 #117

Although it's very alarming to see the market price drop but it also brings some positives as you stated. Also this is the only opportunity for those who are not financially sound to get some ETH in our wallet and see what the future hold for us.

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December 10, 2018, 07:28:06 PM
 #118


I don't think that Ethereum's fall will have a positive effect. All subcoins are negatively affected. and many projects are ending. Ethereum's hard to go back to his old days. We can see the positive effects of the Ethereum fork stage.

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December 10, 2018, 07:31:40 PM
 #119

I don't think there is anything positive about the decline in Etehreum's prices at this time. because the price of Ethereum is very influential in changing prices in the market. and I don't see the positive point of this decline.

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December 10, 2018, 07:42:12 PM
 #120

You could also implement these methods for any other altcoins if you do so and not just only for ETH. Real investors would make a money from the market even if it is too bearish. That's how they make money from investing to trading so if you are a trader you could possibly make some profit if you know what you are doing.

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