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Topic: Continuing to touch the lows of the year, why is Ethereum so? (Read 300 times)

newbie
Activity: 378
Merit: 0
This year is really going bad for the, market of crypto currency. Almost all of the coins are facing such situation. Moreover some past negative events as well as rumors are also responsible for this. But such situation will not last long as Ethereum is trying hard to be in the market like before.
jr. member
Activity: 109
Merit: 1
All. The fall stopped. The market moved in the direction of increasing prices for altcoyins. The ethereum and bitcoin support this trend. Active investment will continue to rise. We are.
newbie
Activity: 84
Merit: 0
BTC market has raised a little,hope that ETH will also rise with the market.
newbie
Activity: 126
Merit: 0
The price of Ethereum has touched below $300 in previous months and price has not developed that much since then. I think the other altcoin and Bitcoin have given them a strong competition in this bad period of market.
newbie
Activity: 41
Merit: 0
Ethereum has just become waste of time and money nowadays. It is completely crushing down and no good reason to hit the market. Bitcoin is growing now and investors are shifting here. So ethereum has no future now I think.
member
Activity: 364
Merit: 10
take & Vote or Become a IoTeX Delegate!
seriously It's so surprising how the eth price dip down so low like that, but this is to remind us how volatile the crypto suppose could be and that in crypto currency anything can happen, so always invest what you are willing to lose.
newbie
Activity: 317
Merit: 0
I think still there is hope for ethereum. It’s true that the whole market is going down and ethereum is dropping more but still when the market will start rising it will again take over its place I hope.
sr. member
Activity: 1020
Merit: 391
There are several factors that affect the price of Ethereum, but the main factor that affects prices and its fall is appreciation and need of GAS, a transaction system that requires a payment to generate a transaction of low or high speed. Another factor that may put investors doubt is the number of scams in the derivatives of this currency or also the lack of innovation for this currency. Remembering that it is still a great investment option despite the criticism.
newbie
Activity: 56
Merit: 0
Now I don’t see any future of Ethereum. Though the whole market was downward for a while but it seems like ethereum cannot recover their price. Investors are also turn back from investing on it so it just becomes shitcoin day by day.
newbie
Activity: 56
Merit: 0
I think there are multiple issues which are causing problems in the growth of Ethereum. One of them is there are lots of ICOs which are not fulfilling the project promises. I think it is a major reason.
newbie
Activity: 188
Merit: 0
There are several reasons behind the price drops of Ethereum. FUD is one of the major reason behind it as far as i understand. News about regulations, policies, exchange hacks, etc are the main reasons from my view.
newbie
Activity: 236
Merit: 0
The price drops of Ethereum is frustrating. But i think we have to wait for the perfect time. Ethereum is one of the most promising crypto and we can hope that it can touch 1k USD in next year.
newbie
Activity: 94
Merit: 0
As compare to BTC ,ETH is still in a good position as per last year.Most of theERC20 based ICO died this year. You want to get profit ,you have to wait .
sr. member
Activity: 454
Merit: 250
Aside from requests and traders who contribute directly to ethereum prices on the market, the number of tokens that have not been launched, all coins based on erc20 also influence Ethereum's price decline, because the prize hunters who hold the erc20 token also have a great influence on ethereum's presence in the market. I believe if this token is launched and there is also a high demand for it, it will recover slowly.
hero member
Activity: 924
Merit: 506
There is a competitor for ETH, They call it NEO, I don't know what's the real difference between them but I heard that NEO is better than ETH and it produces GAS for miners, Whatever that is Cheesy Maybe the money is moving to go to NEO, Who knows, right?
Going down by %82 is too much of a fall, When do you think that ETH can recover? Maybe never.
other altcoins as well as BTC market is in collapse now
Just hodl, In the next decade bitcoin will rise.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Not just the Ethereum, other altcoins as well as BTC market is in collapse now, if we see the market in bird's eye view. Ethereum has ensured its place in the Crypto market long ago, and it is going to endure long, though there are some hypes that causing many investors shifting and causing the price going into bears.

Yes, but it seems that Ethereum is dipping a lot more than other coins. I mean it's BTC price is down nearly -33% just over the last two months. Ethereum is dropping much more and I am unsure why. EOS has been bleeding out too, I'd think that the money from EOS would flow into ETH but apparently thats not the case. Does anyone here actually know why the price is dipping? Is there even a reason? I've heard people around here say there is a lot of FUD around ETH right now but I haven't heard anything.

I think ethereum can recover from the drop, other coins like NEO that looked really reliable lost almost all the progress they managed to gain, so I stick to etherum for now.

Smartest move you can make is get your money out of those crap coins like NEO and other newer alts. Stick with the coins that have shown results and withstood the test of time. ETH is a much better pick than NEO, as NEO probably won't be around in the next 5 years. ETH will definitely still be around. HODL and buy up some more ETH, these are the best prices you will see.
newbie
Activity: 280
Merit: 0
Not just the Ethereum, other altcoins as well as BTC market is in collapse now, if we see the market in bird's eye view. Ethereum has ensured its place in the Crypto market long ago, and it is going to endure long, though there are some hypes that causing many investors shifting and causing the price going into bears.
newbie
Activity: 216
Merit: 0
Not sure how long ETH will continue their fall but seems like investors are not getting back to their favorite coin in near future. The recent situation of market has made a lot of investors anxious about the fact that the ICO market is holding the most amount of ETH right now, and it gives them the power to pump and dump these coins whenever they want to. That's why investors are finding other coins much reliable and profitable.
newbie
Activity: 67
Merit: 0
I think ethereum can recover from the drop, other coins like NEO that looked really reliable lost almost all the progress they managed to gain, so I stick to etherum for now.
newbie
Activity: 168
Merit: 0
I have to agree with the fact that from some weeks ethereum price is not going as per we expect but I would say that we must keep clam and positive,  very soon the market will be on its normal flow again but till now we have to be patience.
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