Ethereum price dump

[Bitvinu12]

Can anyone explain why Ethereum is kissing the floor?

Also btc anf other all top coins now kissing flow. So we cant predict whats the reason for it. But iam 100% sure all coins will be pump in 2020.because lot of projects will be completing in this year. Dont worry.

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[cryptobull3]

A lot of shitty ICOs , and also failed ICOs affected on Ethereum price and affected on its price , Ethereum needs to immigrate to Proof of stake algorithm as soon as possible or it prices goes deeper , It needs to stop producing new coins!

[pazzanegro]

Actually I will not be surprised If ETH will fall to 18-20$ Crowd panic made it under 100$ per ETH, so why not to dump under 20$?) Im shocked of market situation... Looks like good times are over

[kentrolla]

Agree ETH showed a negative effect this year but remember it was the only coin to compete with BTC, and I am sure the value of ETH will go up in upcoming days. Ethereum is unique project and we'll known for its stability in the market, few ICO's tampered the reputation of ETH and I am sure it will recover slowly and give a tight fight to regain its position in CMC.

[Prompyboo]

A lot of shitty ICOs , and also failed ICOs affected on Ethereum price and affected on its price , Ethereum needs to immigrate to Proof of stake algorithm as soon as possible or it prices goes deeper , It needs to stop producing new coins!

I am not sure that this will help to the Ethereum to maintain its position. I'm talking about the fact that the transition to POS will not be a very loud event for ethereum

[wdnj]

Main reason: market is down and we are experiencing bear season.
The demand from the people is not quite good.
There are more people selling than buying the coins in the market and many is in panic mode.
GOODNEWS: it will not stay longer it will go high anytime soon.

[UniversityCoin]

I think that the fall is primarily due to the fact that many ICO projects are produced on the basis of Ethereum. Investors of these projects change tokens for ETH and then sell it for dollars. I think this is the first reason for the fall in prices for Ethereum.

[siruiiuris]

Most of the ideas are 'whole market is kissing the floor' but pay attention: Ethereum is using for most of the tokens which are created by Ethereum system, I mean Ethereum has a 'usage area' , almost all of the cryptocurrencies have not a usage area excluding trading. People are talking about future of blockchain in side of usage area. One of the most important coin which have a usage area is dumping today. I do not understand and I did not show any persuasive idea.

[santino11]

There is no exact explanation about this and there is no exact reason why is this happening.
But it is sure that people are selling low! Though whatever is happening now,
it is a good situation to get more ETHEREUM before it rises again.
I think 2019 will be a year for Ethereum.

[matricaria]

The price of this coin went down very strongly. I think that now it is not the best time to invest in Ethereum

[Bitcoincole]

I think ethereum price strongly dump in the market because of market circulation were bitcoin as the leading coin are falling its price in the market, so it cannot hide that all coin will be affected. All we gonna do is make passive in your coin holding. For the best interest it is very good opportunity to the newly member to buy more on top coins in a affordable price value.

[hildacitra]

Many cyrpto users moan about the decrease of Ethereum, it was significantly down. As we know, in the 2017 it was on top price, but now it is losing out the value. Comparing from other altcoins, I think this is the most unexpected for the very low price.

I my self has lost a bitter of my ethereum.

[siruiiuris]

There is no exact explanation about this and there is no exact reason why is this happening.
But it is sure that people are selling low! Though whatever is happening now,
it is a good situation to get more ETHEREUM before it rises again.
I think 2019 will be a year for Ethereum.

Ethereum is different than Bitcoin as function. If Ethereum make difference as usage area, I can agree with you.

[Yamifoud]

Many cyrpto users moan about the decrease of Ethereum, it was significantly down. As we know, in the 2017 it was on top price, but now it is losing out the value. Comparing from other altcoins, I think this is the most unexpected for the very low price.

I my self has lost a bitter of my ethereum.

I know we almost feel bad with the current situation and asking for its recovery but isn't the way it looks like an easy. It's a big sorry for ourself that we are losing but I'm still positive that our market and the entire crypto will recover soon,  it's a little patient on it.

[Debonaire217]

Can anyone explain why Ethereum is kissing the floor?

I guess it is not just the ETH that suffer the critical market, bitcoin, XRP and many more are the same as they pave their way to the bottom. But don't worry, the price decline is now going to increase in a very soon.