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Author Topic: ETH experiences the deepest downfall this year  (Read 1119 times)
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October 06, 2019, 02:17:01 PM
 #81

This is sad, because I am watching ETH falling from 1400 USD per coin to 85 USD during 2018. Such things are pretty pessimistic and I believe ETH 2.0 will make things better, but we would need to wait for update to be released in early 2020.
my advice you don't look sad, you should be happy when prices fall because you can buy more ethereum at cheap prices, this is also normal because cryptocurrency price movements only go up and down so at least you should be able to take advantage of fluctuations like this moment to look for profit.

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October 06, 2019, 03:18:38 PM
 #82

This is sad, because I am watching ETH falling from 1400 USD per coin to 85 USD during 2018. Such things are pretty pessimistic and I believe ETH 2.0 will make things better, but we would need to wait for update to be released in early 2020.
Yes you're right and I think not only the Ethereum is suffering from downfall but bitcoin and the other coins as well. Maybe due to the lack of demand and there are so many supplies but no worries since it is only temporary and soon the prices will rise up again so all we need to do is to wait patiently. Ethereum has a good blockchain use and most like the newly growth IEO project was based on Ethereum and I think this will bring a massive adaption.
Indeed, the market of ico companies very much undermined the credibility of Ethereum and very badly the whole situation with fraud affected not only the popularity of Ethereum, but also its capitalization and price.  I completely agree with your opinion that IEO companies will give a new impetus to more stable development of ethereum, since new IEO projects are at least not scammers.  I believe that a very good indicator today is that Ethereum is not only a platform for smart smart contracts, but also a coin for use as a means of payment.

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October 06, 2019, 03:41:55 PM
 #83

Eth already saw the downtrend in the market so we can see eth positive growth 300 dollars and the next cycle we can expect 700 dollars growth
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October 06, 2019, 06:47:02 PM
 #84

Watching how to treat this fall !?
Indeed, for long-term foreign investors it’s just a small step to the bottom, because a really strong drop was from 1400 to 80 Smiley
That is the difference between the experienced and the inexperienced one. People who have seen ethereum rising and gaining strength from that fall will never ever doubt its ability to increase its worth. Only those coins that have passed such exams are ruling the market and no other coin has been able to take their place even after many years. Downfalls are just to make coins better in many ways.

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October 06, 2019, 06:56:57 PM
 #85

The price of ETH this year has really been unpredictable. Just as when everything is going on well and all odds are in favor of rise in price, the price will just fall by surprise. Its really a hard time for ETH. This is the time it really needs the community's support

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October 06, 2019, 07:58:54 PM
 #86

Actually, not positive thinking but thoughtful actions will safe eth Wink apart from that, I see no reason to worry about this project.
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October 06, 2019, 08:31:03 PM
 #87


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

I am not that fun with any website as source of information as it will only create a crack to your target investment to make. Some information's are useful and some information's are useless which are made just to create a fud.

Yes eth goes below 160$ but it doesn't mean that it will be unsafe for ethereum already. If you have followed eth, it's bottom is like 80$ and in the reach to 350$ this year so increase is more than x4 and now it starts to fall. Once the price goes down, it is the best part to buy Eth and store them for a long term type of investment so you can make a good profit once the price will bounce back again.

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October 07, 2019, 02:19:23 AM
 #88

I am so sad with ETH price right now under $200, how come eth have raised above $1500 and now lower below $200, what going on with ETH? How Vitalik want to bring ETH back to price above $1000 and make may investor take back their profit because have two years without get anything with ETH price still down.

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October 07, 2019, 02:32:41 AM
 #89

Eth already saw the downtrend in the market so we can see eth positive growth 300 dollars and the next cycle we can expect 700 dollars growth

Hopefully next year. Its unfortunate that it happened, but not only ETH, so is the altcoins and even bitcoin. But I am still hopeful and optimistic  that it will recover soon. Not a big recovery but slowly, until the next bull run. Lets just support and believe, our little effort will collectively help this project.

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October 07, 2019, 02:54:25 AM
 #90

i think it's not only ethereum that experienced a downfall this year.
take a look at other coins as well, this year all coins have experienced a downfall some of which are almost lost on the market.

we don't need to panic, if we panic it can get even worse. try to stay calm, it's hard to believe but i'm sure ethereum will pump again.

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October 07, 2019, 03:40:35 AM
 #91

True, that the ETH decline was very sharp in 2018-2019, but that does not mean the worst value in history, we know that ETH was once worth $ 20, anyways in 2017-2018 ETH had a high increase up to $ 900, because of fluctuations in which they could not maintain the value of the decline is also very sharp, destruction is a very thing that could have happened to all cryptocurrency.

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October 07, 2019, 03:44:36 AM
 #92

I am so sad with ETH price right now under $200, how come eth have raised above $1500 and now lower below $200, what going on with ETH? How Vitalik want to bring ETH back to price above $1000 and make may investor take back their profit because have two years without get anything with ETH price still down.

It doesn't surprises me a lot to see the Ether prices down by so much. The network scalability and security issues with Ethereum were noticed by the users long time back and they had requested Vitalik and his team to take care of them. But the Ethereum developers were busy elsewhere. Now when it is too late, they are panicking over it. This is what makes Bitcoin different from all these altcoins. I used to think that Ethereum was different from the other shitcoins. But with every passing day it is becoming clear that Ethereum is just another shitcoin which is good only for pump and dump, rather than any real usage. There is still time remaining for the developers to fix the bugs and issues. But if they remain complacent, then no one would be able to save Ether. 

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October 07, 2019, 04:19:05 AM
 #93

i think it's not only ethereum that experienced a downfall this year.
take a look at other coins as well, this year all coins have experienced a downfall some of which are almost lost on the market.

we don't need to panic, if we panic it can get even worse. try to stay calm, it's hard to believe but i'm sure ethereum will pump again.
Almost coins has dropped this year and this Eth is not yet showing a progress about the price.We don't know when it can recoup but most of the holders of Eth is really waiting for the price to goes up. I’m not into an awe about the price because I still have a hope on this coin to increase hopefully next year.
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October 07, 2019, 05:22:20 AM
 #94


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
One of the most reason of downfall was panic, There is a lot of people did. Like me, I was panicked when I am new on crypto but we need to be believe in this fact. So only way is hold and don't watching the price everyday that will cause panic. In some point, People are always demand that they need to take profit everyday but they can't always check the situation on the market.
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October 07, 2019, 07:29:16 AM
 #95

I think that most people lose their cool because there is not enough money in a coin.
This depends on their strategy, if they understand that the entire altcoins market are affected, they would not panic, but if they don't they might dump this coin to cut loses. But for me, I think it's not wise to dump when ETH is already very cheap now as we've seen it pump before many times and I think it's still capable of doing the same in the long run.

one thing I'm confident, this coin will recover in time.

R


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October 07, 2019, 07:37:12 AM
 #96

I think that most people lose their cool because there is not enough money in a coin.
This depends on their strategy, if they understand that the entire altcoins market are affected, they would not panic, but if they don't they might dump this coin to cut loses.
You're right dude, you got the exact idea! Weak investors are getting agitated when they see that the value of their coin decreases but you can't blame them because it's a really  terrifying experience. However, in all cases you must be strong and don't let emotions dictate your actions. Just always remember that 2 btc, for example, will remain 2 btc whatever trend our market had right now. It remains the same, right? Change your perspective, learn to look on the number and not on the equivalent value on fiat.



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October 07, 2019, 03:51:48 PM
 #97

Eth already saw the downtrend in the market so we can see eth positive growth 300 dollars and the next cycle we can expect 700 dollars growth

Hopefully next year. Its unfortunate that it happened, but not only ETH, so is the altcoins and even bitcoin. But I am still hopeful and optimistic  that it will recover soon. Not a big recovery but slowly, until the next bull run. Lets just support and believe, our little effort will collectively help this project.
Little help from entire community those who still believing to hold this coin, It can generate small rise since the market will only have buy demands while sell will be slowly being hold. ETH still have a good future development ahead, though we are experiencing bouncing back and forth with no clear directions to offer but sooner it will again regain the position and the last high that this coin has been reached. Keep holding if you are not in need that much.
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October 07, 2019, 03:56:37 PM
 #98


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
This year starting point was good for all the crypto enthusiasts but after that we have seen a major downstream in all the coins and ETH is one of them. The prices have drastically gone down and stands below $200 at current. It may take some time for it to surge again so have patience and be careful if you want to invest as the prices are low.
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October 07, 2019, 04:18:54 PM
 #99

Ethereum is do in a deep correction since ATH in January 2018, it has dropped for about 10 times, so ETH is supposed to show a good growth soon.

The downfall was much sharper. I just checked Coinmarketcap. It says that the ATH price for Ethereum was $1,424 per coin, which was achieved on January 14th, 2018. Less than one year after the ATH, Ethereum reached a low of $84 per coin by December 15th, 2018. That represents a decline of -94.1%, or 17x. Many of the other alts went down by 50x and some even became worthless, but what happened to Ethereum was significant because it was always regarded (and still being regarded) as the king of the altcoins.

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October 07, 2019, 04:20:53 PM
 #100

If seems you are right but. As I can see.. Ethereum price might drop deep but the price can't be predicted.
Ethereum price moves whenever it wants and the best is to always be vigilant about the price if one is a trader
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