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Author Topic: ETH experiences the deepest downfall this year  (Read 1119 times)
DonFacundo
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October 11, 2019, 05:58:33 AM
 #121

not just eth, every cryptos in the market experienced downfall like LTC, BNB and etc., but now it's nice to see that ethereum is recovering, seems it's a good sign that ethereum will pump this year if bitcoin reaching up again at $10,000, I guess.

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October 11, 2019, 11:01:41 AM
 #122

Actually there are a lot of opportunities that we can get from the crashed price in ETH,  I won a lot of trades by using bounce play setup where I used Fibonacci retracement as tool.

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October 13, 2019, 03:47:22 AM
 #123

Ethereum is better ever before surely,but the price need to correct to normal due to ICO bubble.

The most promising things happening on ethereum now are more news Dapps,such as games(cryptokitties,GodUnchained), DeFi (compound,MakerDAO,more than 500M us dollars involved), and ETH2.0(PoS,scalability),which seems both get nice results.

The programmable feature of Ethereum is creating more new opportunities,such as Decentralized identity,DAO,many news app.

Really excited to see new tech and business happening on it,for me I will hold to see what's next.

 
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October 13, 2019, 03:51:37 AM
 #124

The booming period for ICOs has passed, so ETH is having a hard time attracting investors.
Well maybe if these ICOs weren't either scams or attempting to do unnecessary things, Eth might be doing better.  As it is, most ideas devs come up with are useless at best.

Ethereum is still a great coin, tho.  I don't think its best days are behind it at all, and I believe the altcoin market is just in a slump.  It's easy to predict doom and gloom when things aren't going well for alts, but this is a state of affairs we've seen many times before in the last 5-6 years.  There are plenty of things that can be done on the Eth platform, so don't give up hope.
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October 13, 2019, 05:59:11 AM
 #125

Ethereum is still a great coin, tho.  I don't think its best days are behind it at all, and I believe the altcoin market is just in a slump.  It's easy to predict doom and gloom when things aren't going well for alts, but this is a state of affairs we've seen many times before in the last 5-6 years.  There are plenty of things that can be done on the Eth platform, so don't give up hope.

No one is denying the fact that ETH is a great coin. But they have ignored the issues for too long. Scalability issues were a concern for more than a year now and Vitalik Buterin and his sidekicks refused to act. Now they are talking about it, when the transaction fee has already climbed to a level that may of the users are finding uncomfortable.

ETH was first listed in 2015 (that was when the ICO came out). The popularity peaked in 2017, when the ICO craze was at the zenith. Back then, the major advantages with ETH was the very quick confirmation time (less than a minute) and the very low transaction fee (often less than one cent). But the situation has changed drastically now. From what I have found, the confirmations are taking up to 10 minutes now.

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October 13, 2019, 06:07:24 AM
 #126

Actually there are a lot of opportunities that we can get from the crashed price in ETH,  I won a lot of trades by using bounce play setup where I used Fibonacci retracement as tool.
I myself analyze ethereum using Time Frame 1 Day to be able to see the potential of ethereum this year to be able to reach the point of 300 $ Quite difficult. ethereum must experience continuous increases without significant decreases. of course this is quite difficult if we see there is only 2 Months before 2020

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October 13, 2019, 06:10:34 AM
 #127

This is the year of worst and severe worst case for the Ethereum as it has already seen the biggest down fall to reach the price of $130. But now it has recovered since 5 months and also it was reached to $320 in last two weeks. So, only holding of this coin is the only suggestion because almost all of the big giant facing this market scenario.
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October 13, 2019, 06:20:35 AM
 #128

Actually there are a lot of opportunities that we can get from the crashed price in ETH,  I won a lot of trades by using bounce play setup where I used Fibonacci retracement as tool.
I myself analyze ethereum using Time Frame 1 Day to be able to see the potential of ethereum this year to be able to reach the point of 300 $ Quite difficult. ethereum must experience continuous increases without significant decreases. of course this is quite difficult if we see there is only 2 Months before 2020
After reaching a peak of $1400, Ethereum only dropped and now the value of the coin is around $170 to $200 during the last few months. This is really bad because if the coin fails to rise well, a lot of investors will tend to sell more and will cause the price of ETH to drop to $100 at any time. Now is a bad time to invest but if you choose this coin as a long-term investment, consider it carefully.

I personally sold all ETH when the coin reached $300 and would never return to investing again because ETH is no longer a potential coin.
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October 13, 2019, 06:27:19 AM
 #129


Ethereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been unsafe for ethereum. The destruction was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a gathering in Osaka this year. The destruction was in reality a cruel blow on it.

It was at that point dropped to $220 and after that to $160 per token. The following day ended up being random as the value rose to $175. Positive thinking and confidence in ethereum were reestablished in brokers.

News Source: TheCoinRepublic
There is a reset that happened where the ETH goes to sideways and goes back in bear market. There are traders who says do not trade in bear market and I do not agree to that because there are many opportunities in a bear market.
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October 18, 2019, 12:26:33 AM
 #130

since 2018 experienced a fall in prices for ETH I think now is the worst year for ETH, but we can still be optimistic with good potential ETH and also the price of ETH can return to a good position in the future, predicting 2020 can make the price of ETH recover
For me it is not the worst year for the ethereum but it is a good opportunity because yes the value is very low than before but if you think because the value is low so you have a chance to get more profit in the future and Im really sure that in 2020 also ethereum will become high again and become higher than the highest value of what it reach before so better to invest more ether now instead of buying other coins.
This year was not that bad, 2018 was a terrible year for all coins in the market including ethereum and while 2019 is not over if things remain the same then this year will be disappointing, could this change during 2020? Absolutely but many are giving up and abandoning the market and I am sorry for them because they are leaving the market just when we are getting closer to the recovery they were waiting for, but while I believe a recovery is coming I do not believe it will be as big as some may imagine.
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October 18, 2019, 12:55:32 AM
 #131

The entire market was down during 2019 Sad so ETH was no exception also their smart contracts wasn't so great in this year as we saw so many ICO's failed with their ERC-20 based token. Besides this , 2018 was awful as well for cryptocurrencies and again ETH was no exception on this so just because an articles published something to harm ETH doesn't mean they had any fault ...bear market had no mercy on coins so lets hope 2020 will bring some good news and huge green candles.

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October 18, 2019, 01:03:28 AM
 #132

The entire market was down during 2019 Sad so ETH was no exception also their smart contracts wasn't so great in this year as we saw so many ICO's failed with their ERC-20 based token. Besides this , 2018 was awful as well for cryptocurrencies and again ETH was no exception on this so just because an articles published something to harm ETH doesn't mean they had any fault ...bear market had no mercy on coins so lets hope 2020 will bring some good news and huge green candles.

yes, this year is indeed bad and far from the big expectations, but even though this year still does not provide the best, at least the recovery has occurred in the first two quarters of this year, although in the end the bear market is still very strong and not easy to resist. there is no big hope this year after the bears take back market dominance and will fully hope 2020 will be the year and season for crypto to recover more strongly

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October 18, 2019, 01:35:25 AM
 #133

If that's true, then we don't need to rush to determine.  The panic will continue to cause prices to fall, and continue to be careful.
Don't let other people make this situation the right moment to gather more ETH at a low price and stay calm.
Currently Ethereum is at $ 173 and looks better since 24 hours ago.
Looking raise since 24 hours for ethereum, still lower price I think have have keep hold and never panic to sell ethereum on lower price, always moment for ethereum back to higher price when altcoin season come, now you can invest money with ethereum where price still under $200, you get chance with ethereum still lower price because next time I think ethereum back above $500.

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October 18, 2019, 03:02:50 AM
 #134


Ethereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been unsafe for ethereum. The destruction was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a gathering in Osaka this year. The destruction was in reality a cruel blow on it.

It was at that point dropped to $220 and after that to $160 per token. The following day ended up being random as the value rose to $175. Positive thinking and confidence in ethereum were reestablished in brokers.

News Source: TheCoinRepublic

Personally I think the reason why ethereum is facing this drop in its market value is due to the fact that it does not have a fixed amount of coins which will be generated. Once the supply rate is higher than its demand rate, the market value is definitely gonna drop. If this continues, ethereum is likely to drop further down than this.
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October 18, 2019, 05:49:00 AM
 #135

I feel this is a little bit exaggerated, because etherum hasn’t have it sweet or cool since the initial dump over a year ago.

I do not think it’s the deepest price yet; if care is not taken, It could go further down

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October 18, 2019, 05:54:58 AM
 #136

If that's true, then we don't need to rush to determine.  The panic will continue to cause prices to fall, and continue to be careful.
Don't let other people make this situation the right moment to gather more ETH at a low price and stay calm.
Currently Ethereum is at $ 173 and looks better since 24 hours ago.
Looking raise since 24 hours for ethereum, still lower price I think have have keep hold and never panic to sell ethereum on lower price, always moment for ethereum back to higher price when altcoin season come, now you can invest money with ethereum where price still under $200, you get chance with ethereum still lower price because next time I think ethereum back above $500.
If we were to look for its price from the previous days, we can see that its price really decreased, but its price quickly recover from that fall, we can see that its price is slowly increasing and it might be a good sign, should hold until its price will increase and go back again even above $200.

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October 18, 2019, 05:58:58 AM
 #137

I just can't do but wonder if we can have a year like that of 2017 anytime soon. There hasn't been any reasonable or long term bull run since and this isn't affecting only ethereum but all the coins.
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October 18, 2019, 06:08:06 AM
 #138

The fact is bitcoin feels outdated to me in terms of its features and ETH on the other hand has its smart contract, that is a big difference , ETH will find its way up soon and now i think its a good time to buy before the next ETH 2.0 upgrade which i feel will introduce better features we never seen coming, its the king of all altcoins

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October 18, 2019, 08:47:23 AM
 #139

This is the reality, Tokens and other coins are based on demand and the quality of their product. So the demand will drop and prices will fall, And we can't avoid it especially as there are also crypto whales that make fuds to scare the newbie into trading and force them to sell, Here they will have the opportunity to buy at a cheap price and will be sold again at a price increase.
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October 18, 2019, 09:01:48 AM
 #140

The fact is bitcoin feels outdated to me in terms of its features and ETH on the other hand has its smart contract, that is a big difference , ETH will find its way up soon and now i think its a good time to buy before the next ETH 2.0 upgrade which i feel will introduce better features we never seen coming, its the king of all altcoins
I look at the charts today and I think that this year we will see prices even lower at ETH. Ethereum's graphs are very weak right now. this project has a great future but it will not come this year. it's my opinion

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