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Topic: [ANN] Ethereum: Welcome to the Beginning - page 306. (Read 2006779 times)

member
Activity: 93
Merit: 10
September 12, 2018, 08:41:58 AM
yeap, bitcoin dominance now are 57.9%  Sad the biggest dominance level of btc this year  Sad last time it was so big on decemeber, but there btc was 15-20K usd and market cap also was huge, and now its also like a year ago, i dont know when this falling ends and where is the bottom

Big support level is around 0.024 BTC but some traders are predicting it could fall below $100. I don't think we will see this under$150 I hope soon this trend will be over and we will see good recovery in coming days it has good chance for it.

Let's hope so, this free falling of ETH is scary.
sr. member
Activity: 868
Merit: 279
September 12, 2018, 08:35:16 AM




I don't think you should omit the breaking point of BTC dominance in march 2017 (when the ETF got rejected) Because that's what set up the market.



You can see how BTC dominance broke the bear trendline of dominance in August. But alts haven't broke support so my believe is that:

1. BTC dominance falls because of alts correcting. Possibly BTC falls to 5,000. So alt correction wouldn't be due to dollar value correction, but to BTC value correction.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
September 12, 2018, 08:33:01 AM
Re: [ANN] Ethereum: Welcome to the End
jr. member
Activity: 160
Merit: 4
September 12, 2018, 07:48:53 AM
Why ETH keep on dropping?
Why is the pope catholic?
sr. member
Activity: 1120
Merit: 255
September 12, 2018, 07:36:43 AM
Any light desktop wallet for this coin?
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
September 12, 2018, 07:01:21 AM
the whole ethereum blockchain can "live" without ETH
just think it for a minute  Wink

sell & run

It's not true at all lol. Miners needs a reward to mine to new blocks and you always need gas to interact with smart contracts or send your ether. I didn't even think for a minute, I just needed a couple seconds


Transactions need something that we refer to as Gas, and when Gas on the Ethereum network is bought with something other than Ether, it is called the economic abstraction, because that is what it still is - abstraction.
Ether is NOT Needed on the Ethereum Network
Here is the theory: for example, the most common, ERC-20 tokens, are using products of the Ethereum blockchain, and are a part of the same ecosystem. If the user is able to agree with the miner to pay for the transaction with any of countless ERC-20 tokens, they would be able to exclude Ether from the equation, which could have a seriously negative impact on the price of ETH
Think out of the box for a minute and this could be a real scenario

hero member
Activity: 1988
Merit: 593
September 12, 2018, 06:47:13 AM


newbie
Activity: 45
Merit: 0
September 12, 2018, 06:42:03 AM
Alarming August for Ethereum- Is it over or worst is yet to come?

https://blog.cxihub.com/alarming-august-for-ethereum-is-it-over-or-worst-is-yet-to-come/
newbie
Activity: 73
Merit: 0
September 12, 2018, 06:40:28 AM
last BUY order that i have pending is 140$

Just checked notes, it is clearly written. Short ETH if pass 140$

Hit 140 means we can easy go to 100

The worst case scenario for ETH USD for a very long trade

https://www.facebook.com/bitcointradingonline/
hero member
Activity: 1239
Merit: 562
FracTools - Oil Industry
September 12, 2018, 06:14:39 AM
This is a very bad situation. Price of  Ethereum now $171.64.Any one know when price stop to drop?In few days can be 50$ or I am in wrong way.
jr. member
Activity: 62
Merit: 2
September 12, 2018, 05:24:20 AM
can anyone say is there any reason why ETH fall in price? I understand that ICO's cashing out but any more news? Any fails on code or etc? Would appreciate.

I think it is the ICO cashing out and the short selling of ETH as well.
sr. member
Activity: 952
Merit: 251
September 12, 2018, 05:17:26 AM
yeap, bitcoin dominance now are 57.9%  Sad the biggest dominance level of btc this year  Sad last time it was so big on decemeber, but there btc was 15-20K usd and market cap also was huge, and now its also like a year ago, i dont know when this falling ends and where is the bottom

Big support level is around 0.024 BTC but some traders are predicting it could fall below $100. I don't think we will see this under$150 I hope soon this trend will be over and we will see good recovery in coming days it has good chance for it.
legendary
Activity: 1484
Merit: 1029
September 12, 2018, 05:09:52 AM
can anyone say is there any reason why ETH fall in price? I understand that ICO's cashing out but any more news? Any fails on code or etc? Would appreciate.
General rise in BTC dominance - all alts are dropping - ETH has further to fall than most others, question is, when will the dominance trend reverse

Even though price is dropping right now, some traders and analysts in twitter are already predicting a rebound. So if you are a trader, get ready. If not, just hold until this crypto market improves again.

I've been accumulating all the way down - bit of a risky strategy - I'd be pretty happy with an upturn
member
Activity: 105
Merit: 20
September 12, 2018, 05:07:10 AM
can anyone say is there any reason why ETH fall in price? I understand that ICO's cashing out but any more news? Any fails on code or etc? Would appreciate.
General rise in BTC dominance - all alts are dropping - ETH has further to fall than most others, question is, when will the dominance trend reverse

Even though price is dropping right now, some traders and analysts in twitter are already predicting a rebound. So if you are a trader, get ready. If not, just hold until this crypto market improves again.
sr. member
Activity: 686
Merit: 250
The first solution in the World for cardiovascular
September 12, 2018, 04:44:25 AM
yeap, bitcoin dominance now are 57.9%  Sad the biggest dominance level of btc this year  Sad last time it was so big on decemeber, but there btc was 15-20K usd and market cap also was huge, and now its also like a year ago, i dont know when this falling ends and where is the bottom
legendary
Activity: 1484
Merit: 1029
September 12, 2018, 04:08:24 AM
can anyone say is there any reason why ETH fall in price? I understand that ICO's cashing out but any more news? Any fails on code or etc? Would appreciate.
General rise in BTC dominance - all alts are dropping - ETH has further to fall than most others, question is, when will the dominance trend reverse
newbie
Activity: 73
Merit: 0
September 12, 2018, 04:04:10 AM
can anyone say is there any reason why ETH fall in price? I understand that ICO's cashing out but any more news? Any fails on code or etc? Would appreciate.
full member
Activity: 448
Merit: 100
September 12, 2018, 03:37:43 AM
It's like ethereum is on a free fall right now. I guess, new applications are needed. Not only for transfer of money, but more applications and products to be supported under ethereum.
legendary
Activity: 2534
Merit: 1129
September 12, 2018, 03:25:15 AM


Looking at the technical chart of Ethereum, I see it just recently broke the medium technical support level of $225-$200. That was a VERY bearish technical move, showing ETH will possibly test the next support level.
The rate of the price drop and the fact that there is VERY LITTLE TECHNICAL SUPPORT, tells me ETH will drop below $100 in a month or two, maybe even sooner as holders get more and more willing to sell at ever lower prices.

Some holders are in denial and will provide fuel for the next leg down once they realise the price drop wont stop before they are practically wiped out.

Thanks. That makes good sense.

From a purely chartist standpoint, at this level of $ price, there is really no support showing until $10, just an air pocket.

I think the relative BTC price is more worrying in a way. It is in a similar position, breaking support.  

Charts don't really provide too much comfort, and I would say the level of denial/hope is more relevant. In some ways, that is painting an even worse picture.

 I am reluctant to be a trader,  but although ETH looks like a strong sell right here, there is a significant risk that the bottom is close. Any bounce could be strong.
newbie
Activity: 47
Merit: 0
September 12, 2018, 03:18:29 AM
Why ETH keep on dropping?
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