ETH experiences the deepest downfall this year

[Joshonwill]

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

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[skarais]

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.

[J1mb0]

The booming period for ICOs has passed, so ETH is having a hard time attracting investors. I think ETh will be stuck in the long run and very difficult to return to the $ 500 price.
Be careful if you want to invest in ETH.

[ansi]

I won't call it performing bad, actually Ethereum is still the best DAPP environment for crypto & most favorite by crypto users.

Etherum price compared to it's ATH isn't surprising to be honest, some other GREAT cryptos went to down -90% since ATH .

Etherum is gonna be great again once it broke that $400 - $500 levels again, the whole market will be great again actually in dollar value.

The whole cyrptoshphere right now in't great ince last BTC run to $13500, now it's time to settle down, build new support areas to start the new Bull Run wave, it won't be as fast as late 2017 as many would wish. It will take couple more months to start the new Bull wave, i predict it to be couple weeks before BC next halving date. So patience is the key in this market.

[Novatech8]

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

Whatever happens to ETH i won't doubt about it compare to many new projects, ETH is very strong digital currency and if it loses value i will keep buying the dip and advice everyone to do the same, its a reliable investment plan

[JCviggen]

Well, in the same way, bitcoin and all other currencies have fallen deep over the past week. such a fall does not mean that ETH is bad. just the whole market began to feel trouble

[Ss4sukE]

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

Whatever happens to ETH i won't doubt about it compare to many new projects, ETH is very strong digital currency and if it loses value i will keep buying the dip and advice everyone to do the same, its a reliable investment plan

You have a strong belief in altcoin ethereum, I realize that because anyone who still has altcoin ethereum also believes in that, including me, one of them. I have used this situation to buy more ETH but if there is no good growth until the end of 2019 maybe I will exchange it for other options.

[ololajulo]

I am not a support of ETH since last year dump but sometimes I think anything can happen with the coin. As a pioneering project with lots of use, though had a bad outcome with the 2017 ICOs, with so much market dump. I believe they had gone a long way in the market and qualified to stay in the second position if they bring in some updates on the development and marketing.

[NathanJB]

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'm sorry I kind of miss something in your OP. What accident are you talking about? And destruction seems to be too harsh a word. Is there any destruction that is happening? Unsafe is also a misplaced word. As far as I know, the whole cryptocurrency market fell hard. Even Bitcoin is leading the falling with its long decrease in value. It has lost more than a thousand USD in just a matter of hours. Ethereum was also one of them just as the rest of the top altcoins.

[demure]

Just wait for big Ethereum network update in 2020 and legalization of ICO's by creating legal base for them. Also not all ICO's are unsuccessful there are a few giving profits their investors so don't be such pessimistic. Also remember that while crypto market grows even shit coins grows. We talking about second coin in crypto world and first in alt coins world. So if crypto market will enter new bull phase ethereum will cost again 1,000$ despite on everything. Crypto became just another stocks element nothing more. So nobody really consider about it as technology anymore.

[Javi_Anibarro]

Well, in the same way, bitcoin and all other currencies have fallen deep over the past week. such a fall does not mean that ETH is bad. just the whole market began to feel trouble

Yes everything is going down, but the main point in here is ETH experiences its deepest downfall this year. In other words, this dump is the biggest and the deepest ETH has ever seen in 2019. We have seen it going down before, but not this deep and also we hear nothing about this downfall which caused a lot of panics.

Well, in the same way, bitcoin and all other currencies have fallen deep over the past week. such a fall does not mean that ETH is bad. just the whole market began to feel trouble

Nobody is saying it bad, it is just people are panicking over this dump and this is the biggest drop ETH has ever seen in 2019.
Just think about it, last night you are holding 100 ETH worth of $22.000 and in the morning you see your 100 ETH becomes $16.000.

[bryant.coleman]

The booming period for ICOs has passed, so ETH is having a hard time attracting investors. I think ETh will be stuck in the long run and very difficult to return to the $ 500 price.
Be careful if you want to invest in ETH.

Well... there is no doubt that the destruction of the ICO market had a negative impact on the Ethereum exchange rates. From an all time high of $1,400 per coin on January 2018, the prices crashed by 95%, to trade at $86 per coin a few months later. But check the movement in the price after that low point. The exchange rates had recovered to around $330 per coin by July 2019, before a bearish movement took it below $200 once more.

The ICO market is still down, and there is no reason to believe that Ether will recover anytime soon. But the big question here is whether the correction is justified or not. Does the ICO bust justify a 95% reduction in the price of Ethereum? I don't think so. I would say that the fair value of Ethereum lies somewhere between $300 per coin and $500 per coin.

[boltz]

I won't flag this downfall as something bad because Ethereum is still up a lot since its inception. Its true that they have some struggle with their smart contracts as lately most of the coin prefer to have their own chain and wallet instead of going for ERC-20.

We're almost in q4 of 2019 and so far none of the altcoins really shined so why would ethereum have a burst ? This year is simply not for altcoins and but for accumulation of them at low and different prices so just buy the dips and forget about the price until next year or  2 years from now and remember if you want to get rich over night , it won't happen.

[Nivia1st]

I won't call it performing bad, actually Ethereum is still the best DAPP environment for crypto & most favorite by crypto users.

Etherum price compared to it's ATH isn't surprising to be honest, some other GREAT cryptos went to down -90% since ATH .

Etherum is gonna be great again once it broke that $400 - $500 levels again, the whole market will be great again actually in dollar value.

The whole cyrptoshphere right now in't great ince last BTC run to $13500, now it's time to settle down, build new support areas to start the new Bull Run wave, it won't be as fast as late 2017 as many would wish. It will take couple more months to start the new Bull wave, i predict it to be couple weeks before BC next halving date. So patience is the key in this market.

yes I agree with you, when the next bullrun ethereum will be one of the most shining altcoins. You know ethereum 2.0 will be the moment of ethereum's revival as king of the Dapps. so just wait, next year will be the year for ethereum.

[r_delossa]

I have no doubts that ETH will drop further, but it will give a good chance to buy low. ETH is one of fundamental coins that I am holding in my portfolio and unfortunately it did not do well science 2017, but hope is still alive.

[Danslip]

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.

Yes, indeed this year was downfall either ETH prices or other altcoins, but investors, who really believe ETH, they are keeping investing in ETH. In any case, it caused because of that ETH is a believable coin and in my view, price falling can not mean ETH is bad choice for investing. l hope it will change this event in 2020.

[Rodeo02]

The booming period for ICOs has passed, so ETH is having a hard time attracting investors. I think ETh will be stuck in the long run and very difficult to return to the $ 500 price.
Be careful if you want to invest in ETH.

That what i think the reason why ETH continue declining after they hit $1500 ATH and that was the season started making many ICO . They accept only ethereum for buying a token. After many ICO has been successfull all they do is convert accumalted eth to eighter Fiat or btc  making sure it will not be affected with the price volatility. Since there are too many of them this is now the result.

[Neo.op]

Ethereum may face the deepest fall but all alts and other assets experienced that. In overall, market is going on a fall trend but I am hundred percent sure it is a sign of an increase in market like how it did 2-3 years ago. So nobody should lose hope, just wait and be patient. Patient is the key. In mostly 2 years, these numbers will be just funny for us.

[kidbounty]

Ethereum may face the deepest fall but all alts and other assets experienced that. In overall, market is going on a fall trend but I am hundred percent sure it is a sign of an increase in market like how it did 2-3 years ago. So nobody should lose hope, just wait and be patient. Patient is the key. In mostly 2 years, these numbers will be just funny for us.

yes you're right, the only thing we can do right now is wait until it gets better. and it's not only ethereum that experienced this, all altcoins and even bitcoins also fell. so stay confident, and next year there will be good things. I think it will make a big change to the crypto market. every time halving bitcoin happens there will definitely be a pump, maybe with this the market will be bullrun.

[comchien]

I think ETH has not been so down to excessive prices, maybe it was just a market correction, but the ETH platform is still thriving when few projects call for ETH, but on the positive side. ETH-based applications are still in development.