Mabinat
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December 09, 2018, 10:31:57 PM |
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but January and February 2019 will be very different from 2018. cryptocurrency market will begin to rise in price again
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G14tz87
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December 09, 2018, 10:39:40 PM |
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On Sunday, September 9, 2018, ETH prices fell to this year's lowest at US $ 185. Although ETH has bounced above US $ 200 after the Bitcoin recovery from US $ 6190 to US $ 6450, since July ETH prices have declined faster than other crypto, as reported by CCN.com. At the end of 2017, the ETH price broke through US $ 1500 and investors of ERC20 tokens using the Ethereum protocol made a profit of 10 to 100 times the initial price of their initial coin offering (ICO). Investors tokens like EOS, Ontology, ICON, Zilliqa, and 0x get massive profits at the end of 2017, when the crypto market is at its peak. However, over the past few months, the price of ERC20 tokens has fallen in price compared to Bitcoin, which also experienced a price decline of 70% against the US dollar. Ontology and ICON have decreased by 75 to 80% against Bitcoin, which means both of these tokens have dropped by more than 95% against the dollar. Most analysts say the decline in ETH prices is due to the many ERC20 blockchain projects that sell their ETH. These projects raised millions of dollars in ETH funds at the time of their sales token. When ETH prices began to fall and the crypto market began to enter a bear market, analysts said that ERC20 projects began selling their ETH deposits, causing ETH to fall in value compared to other large crypto. It is quite evident that the ERC20 project which panicked selling large quantities of ETH had a large share of the price causing ETH prices to continue to decline. Earlier this week, Joey Krug, creator of Augur, a blockchain for predictive market protocols built on Ethereum, responded to some criticism from crypto community investors about Augur's decision to sell ETH at a value of US $ 0.7 to get cash for business operations they.
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rabinot
Jr. Member
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Activity: 154
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December 09, 2018, 10:43:05 PM |
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do not worry about ethereum, he will still be able to rise in price and everything will be fine
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alimarh
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Merit: 10
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December 09, 2018, 10:46:11 PM |
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With the way things is going now, I am afraid ethereum might touch $50 or even less, since the price have managed to go below $100, so i think anything can happen now about the price
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Xmm
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December 09, 2018, 10:48:41 PM |
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Ethereum now is good to buy because the price is very low and I think if you already doing analyze and you think this is the best time to buy ethereum, then you should buy. In general, when you are buying, act with your own instincts and information more than what people say.
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bitkanu
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December 09, 2018, 11:09:29 PM |
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Yes, Ethereum is keep decline in price and I think that it will not reach 300 dollars again
Why do you think so? the ETH will soon have a new update that will surely change its price. And I think the price will be above $ 300 ETH had proven itself that it can go up once there is a lot of good news around this project. I agree that the upcoming update can trigger a hype to its community and when it timed to a bull season then probably it can even go up more than $500. It is all about the timing on the market to make the most out of the news. We need bull run for whole the crypto and that will give a huge impact to the ethereum while it will be getting the next update to determine the total supply combined with POS system migration. It's not about the news but the sustainable developer will have needed too
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CryptoToxicAvenger
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December 09, 2018, 11:12:44 PM |
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At first, no one believed that Ethereum could drop below $ 100, but it happened. So I can't even imagine what might happen next. But I believe he can grow more.
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MRlong
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December 09, 2018, 11:17:03 PM |
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Until when ethereum will continue to decline, will it touch at the price of $ 50? It shouldn't have fallen like this. December this year is very different from December 2017. The situation is reversing. The declining of Ethereum will continue to happen in December due to the depression of the market. The opposite of the last year, when the ETH increased and reached a peak in December. So that I think you will wait for the recovery of Ethereum is predicted to recover in 2019 instead of 2018 because the low possibility to the market to rise at now.
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mickey_miner
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Proof-of-Stake Blockchain Network
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December 09, 2018, 11:17:29 PM |
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Until when ethereum will continue to decline, will it touch at the price of $ 50? It shouldn't have fallen like this. December this year is very different from December 2017. The situation is reversing. There is nothing impossible and we can will see the price of 50$. A few months ago, people refused to believe that ethereum would cost 300$, i think they are in shock now.
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pocketfullofpoke
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www.daxico.com
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December 09, 2018, 11:19:39 PM |
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It will not surprise me anymore if ETH will continue to decline or have its market cap and price fall. In this bearish market, no crypto is exempted especially bitcoin who became the center of this fiasco. I doubt it will continue to fall next year and so with ETH too. This is also the very opportunity to buy some more of bitcoin and general alts around.
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ZzV1Finn
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December 09, 2018, 11:20:17 PM |
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At first, no one believed that Ethereum could drop below $ 100, but it happened. So I can't even imagine what might happen next. But I believe he can grow more.
First said that $200 is the bottom, then that below $100 rate will not fall, and now he has $ 80 showed and this is not the limit, so answering the author's question I would say that $50 we will see.
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sarul
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December 09, 2018, 11:27:00 PM |
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At first, no one believed that Ethereum could drop below $ 100, but it happened. So I can't even imagine what might happen next. But I believe he can grow more.
That is one of the crypto miracles, no one believes but that's what happened. So I guess for now, nobody believes the price will rise again like yesterday, I hope that it will also happen later. If that happens in a direction, I think it can also does for the opposite, but the time is really unknown.
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miropp
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December 09, 2018, 11:46:00 PM |
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Reducing the ether is still possible. This year is full of surprises and can be anything. But it's not the end, it's just a good time to invest.
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Akpuv
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December 09, 2018, 11:49:02 PM |
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Until when ethereum will continue to decline, will it touch at the price of $ 50? It shouldn't have fallen like this. December this year is very different from December 2017. The situation is reversing. I would never have believed ETH would ever fall below $200, but it fell far below it, and currently $95. I am almost loosing hope on it, but since most other coins are also affected, it means it too may come up again.
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spike420211
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December 09, 2018, 11:58:56 PM |
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Until when ethereum will continue to decline, will it touch at the price of $ 50? It shouldn't have fallen like this. December this year is very different from December 2017. The situation is reversing. So it should be, the cycle must close to start. Look at the economic graphs of any developed countries, you will see about the same picture, the rise that ends with a recession which in turn ends with another rise.
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el_lobo
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December 10, 2018, 12:41:32 AM |
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The whole price decline in the crypto sector is terrifying. I did not expect anything like that and so my joy is not great about it. $50 for one ethereum is really cheap, but i do not really want to see that price.
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Sephire
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December 10, 2018, 12:43:17 AM |
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ETH is only doing what bitcoin and market is doing so not anything wrong with it. It will recover nicely when market starts going up again.
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moonblocks
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3... 2... 1... Launch!
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December 10, 2018, 12:52:56 AM |
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It's not just Ethereum but the whole market has been declining which is quite ironic considering Charlie Lee suggested that Litecoin could get as cheap as $20 at the end of last year when the market was at its peak and this has almost become a reality now so it's a very uncertain time but the dumping won't go on forever
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marksayson
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December 10, 2018, 12:56:53 AM |
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I hope we never reaches that 50 usd price. But now ethereum coin has show a good green price after many days of experiencing red days. We just hope that it will continue to go green for now.
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BankDex.io / Decentralized Exchange
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rricksu
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December 10, 2018, 01:07:38 AM |
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Until when ethereum will continue to decline, will it touch at the price of $ 50? It shouldn't have fallen like this. December this year is very different from December 2017. The situation is reversing. At the moment the ethereum is at 95 dollar market value, in the early 2017 I think it is much lower, then if ETH still goes low continuously, then we should hope there's an action that Vitalik can do to it to regain its market value.
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