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Topic: ETH experiences the deepest downfall this year (Read 1157 times)

hero member
Activity: 1092
Merit: 501
November 02, 2019, 01:44:08 AM
I am beginning to question myself if ethereum is ever going to recover, it is very easy to think it will and I still believe it will but the results have been so poor compared to what bitcoin has done during this year that I am beginning to lose hope, bitcoin is once again going up in price and while ethereum is doing the same its growth is nothing compared to what bitcoin is experiencing and this is despite all the improvements that the developers are making to ethereum.
Let us just assume that this year is for bitcoin, and next year will be for the altcoins which Ethereum will surely be among the altcoins that will take a very good lead, so we should not just give up on Ethereum yet.
I expect that you are right because ethereum has been in a terrible shape for so long that many people are beginning to lose their faith in ethereum, and even if there is no doubt about which coin is the best in the market and it has been showing this during the whole year, at the same time we need a strong altcoin and the best candidate for that position is ethereum and despite being the second coin in terms of its market cap in the market its growth during this year has been ridiculous.
sr. member
Activity: 1050
Merit: 286

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
Now ETH $160 and will back with lower price under $100, many investor do not understand why ETH could dump very lower price? bitcoin dominance have less with lower price altcoin keep following bitcoin trend become lower price too, now we still do not know how bitcoin and altcoin price next week or new years on 2020, become extreme dump or back with higher price.
In my own opinion, the whole market is really experiencing the deepest downfall not only this year but starting last year until now. Because if we remember when bitcoin reaches twenty thousand dollars in price, it is actually a golden era in which almost all of the projects being released becomes successful. Hence, even if we experience such downfall we should still believe that every cryptocurrency will rise up again if we still HOLD and have patience in every token that we are holding, not only that, we should have courage and keep on believing that crypto will not die. Volatility of the cryptocurrency is their nature. It is changing time by time. So downfall is normal. We should have faith in it.
sr. member
Activity: 567
Merit: 270
I still don't understand why people tend to focus solely on the price of Ethereum and little attention is paid to the tech of the contributions that Ethereum has made to the advancement of Cryptocurrencies and Blockchain technology, I know most people here are all about the money, but we should endavour to also it's the good with the bad, it's true that ethereum has seen the worst crash in 2019, going as low as $80 at a time so this new low is even a high when compared to what we have seen in the past.
sr. member
Activity: 882
Merit: 269
Really unexpected what happens to coin ethereum, whereas many investors rely heavily on ETH can give profit but instead it happens instead, some have already lost 30% more, now it is very difficult to determine the choice, whether to To sell ETH or hold until the price recovers.
If you still hold some ETH, then I think it is better for you to keep hold your ETH until the price recovers, but if you have a lot of free time maybe you can use your ETH For daily trading. Do not hesitate with ETH prices falling in this year because we will see that next year ETH prices will rise again.
Base on the chart. Etherium decreases by 40% as of chart in Binance in eth/btc pair. I would rather advice to hodl your eth as long as you can, it is not yet the best time to spend eth or to sell eth, wait for it to recovers, eth is too low now although circulating supply is big dont spend now, but instead buy more of it as much as you have the money, this is the right time to buy.
sr. member
Activity: 742
Merit: 329
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Really unexpected what happens to coin ethereum, whereas many investors rely heavily on ETH can give profit but instead it happens instead, some have already lost 30% more, now it is very difficult to determine the choice, whether to To sell ETH or hold until the price recovers.
If you still hold some ETH, then I think it is better for you to keep hold your ETH until the price recovers, but if you have a lot of free time maybe you can use your ETH For daily trading. Do not hesitate with ETH prices falling in this year because we will see that next year ETH prices will rise again.
I agree with that. Why not use your Ethereum for trading because it will help you to make the amount of your ethereum bigger than before and it will also increase the fiat value of your holdings. It is not good to just sit back and hold your cryptocurrency because there are ways that you can try to increase your holdings and earn more profit once the price recovers.
sr. member
Activity: 1148
Merit: 252
Really unexpected what happens to coin ethereum, whereas many investors rely heavily on ETH can give profit but instead it happens instead, some have already lost 30% more, now it is very difficult to determine the choice, whether to To sell ETH or hold until the price recovers.
many investors are scared and feel less interested in investing now because the state of crypto or altcoin has decreased if investors before starting investment understand and understand all the nature and risks of investing with altcoin coins or crypto currencies and investors will not feel so scared
hero member
Activity: 1582
Merit: 502
Really unexpected what happens to coin ethereum, whereas many investors rely heavily on ETH can give profit but instead it happens instead, some have already lost 30% more, now it is very difficult to determine the choice, whether to To sell ETH or hold until the price recovers.
If you still hold some ETH, then I think it is better for you to keep hold your ETH until the price recovers, but if you have a lot of free time maybe you can use your ETH For daily trading. Do not hesitate with ETH prices falling in this year because we will see that next year ETH prices will rise again.
full member
Activity: 756
Merit: 100
I could write a while epistle about the price movement of ethereum since December 2017, I am a huge fan of ethereum and I have been holding ethereum since the price was around $600 up till now, I don't really care about the price movement though, to me it's a love thing, I love the ethereum blockchain and I just hold the coin because I believe in it.
Looks like You are a big fan of Ethereum blockchain. Like Bitcoin transaction is slow than any others coin but people love Bitcoin. I'm using Ethereum blockchain and I have no problem in transactions. Ethereum 2.0 news is coming every day by rumors and probably we can get next year.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
Let us just assume that this year is for bitcoin, and next year will be for the altcoins which Ethereum will surely be among the altcoins that will take a very good lead, so we should not just give up on Ethereum yet.
Hopefully that would happen, we need to remain optimistic as its been 2 years already that altcoins are still struggling.
ETH is down but there's more altcoins that are down, good thing with ETH is that its still holding the number 2 spot in the market which makes it number 1 in the altcoins section.

Trading volume of ETH is still good, the biggest compared to any altcoins,  its closest rival before was XRP but xpr only has over 1 billion usd of daily trading volume which is only over 10% of ETH trading volume.
hero member
Activity: 2450
Merit: 605
I am beginning to question myself if ethereum is ever going to recover, it is very easy to think it will and I still believe it will but the results have been so poor compared to what bitcoin has done during this year that I am beginning to lose hope, bitcoin is once again going up in price and while ethereum is doing the same its growth is nothing compared to what bitcoin is experiencing and this is despite all the improvements that the developers are making to ethereum.
You think that Ethereum is really bad, look into the market very well and see how other great project has really down seriously and I think that the reason why we are just keeping an eye on Ethereum is because we really see it as the largest altcoins, and the most popular altcoin in the market, but we need to know that everyone do have their own challenging time, and we may have forgotten too that there was a time that bitcoin had this challenge that people wonder if bitcoin was ever going to make any recovery, but we can see how things turned for bitcoin and its investors since early this year.

Let us just assume that this year is for bitcoin, and next year will be for the altcoins which Ethereum will surely be among the altcoins that will take a very good lead, so we should not just give up on Ethereum yet.
sr. member
Activity: 630
Merit: 265
Comparing the performance of ETH in 2019 to 2018, I will vouch for the performance of ETH in 2019. In 2018 during the long bear market era, ETH experienced its deepest downturn price of $80. 2019 has been good to ETH although ETH has not yet recovered to even 50% of its all time high price mark.
I am beginning to question myself if ethereum is ever going to recover, it is very easy to think it will and I still believe it will but the results have been so poor compared to what bitcoin has done during this year that I am beginning to lose hope, bitcoin is once again going up in price and while ethereum is doing the same its growth is nothing compared to what bitcoin is experiencing and this is despite all the improvements that the developers are making to ethereum.
Please don't fall into the dark side mate... Yes,  this year wasn't a satisfying moment for Ethereum and everyone really disappointed because we are expecting too much for this coin.  And to know that fact that we are still in volatile market and not really we have a huge market resistance, we could still be thinking that Eth will still at low. But ain't really makes me think that it will goes down deeper,  and we'd rather to keep positive and look for its potentiality.
Ethereum may be showing us an unsatisfying result this year, but we should consider it as a good part since we can invest as much as we can.
Do not feel disappointed, we should expect that this will take more time before it increases its price but it is sure to come at the right time.
especially for the end of this year, I think it will be a good moment to buy ethereum. because we know ethereum 2.0 will be held in January next year. so there is nothing to worry about ethereum. if we are still afraid of the current eth condition, then don't regret it later when the pump occurs
I think we should not expect on Ethereum 2.0 that will be held in upcoming January 2020 because ETH is really in a bad condition that it could continue it's downfall, like what we have experienced in the year of 2018. But we all hope that ETH could regain it's price back starting in the year of 2020, so we could get back all of our losses.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Comparison can always give you skewed stats. It is true that the ETH prices have fallen by almost 95% from the ATH prices. But what we are forgetting here is the fact that ETH had risen by more than 100x during 2017, when the ICO craze was at its peak. So when compared to the prices that we had in 2016, Ethereum is still up by more than 2,000%. I don't want to comment on the future prices, but if ETH could move ahead without support from the ICOs and the IEOs, then it will be good for it as a currency.
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
Comparing the performance of ETH in 2019 to 2018, I will vouch for the performance of ETH in 2019. In 2018 during the long bear market era, ETH experienced its deepest downturn price of $80. 2019 has been good to ETH although ETH has not yet recovered to even 50% of its all time high price mark.
I am beginning to question myself if ethereum is ever going to recover, it is very easy to think it will and I still believe it will but the results have been so poor compared to what bitcoin has done during this year that I am beginning to lose hope, bitcoin is once again going up in price and while ethereum is doing the same its growth is nothing compared to what bitcoin is experiencing and this is despite all the improvements that the developers are making to ethereum.
Please don't fall into the dark side mate... Yes,  this year wasn't a satisfying moment for Ethereum and everyone really disappointed because we are expecting too much for this coin.  And to know that fact that we are still in volatile market and not really we have a huge market resistance, we could still be thinking that Eth will still at low. But ain't really makes me think that it will goes down deeper,  and we'd rather to keep positive and look for its potentiality.
Ethereum may be showing us an unsatisfying result this year, but we should consider it as a good part since we can invest as much as we can.
Do not feel disappointed, we should expect that this will take more time before it increases its price but it is sure to come at the right time.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
Comparing the performance of ETH in 2019 to 2018, I will vouch for the performance of ETH in 2019. In 2018 during the long bear market era, ETH experienced its deepest downturn price of $80. 2019 has been good to ETH although ETH has not yet recovered to even 50% of its all time high price mark.
I am beginning to question myself if ethereum is ever going to recover, it is very easy to think it will and I still believe it will but the results have been so poor compared to what bitcoin has done during this year that I am beginning to lose hope, bitcoin is once again going up in price and while ethereum is doing the same its growth is nothing compared to what bitcoin is experiencing and this is despite all the improvements that the developers are making to ethereum.
Please don't fall into the dark side mate... Yes,  this year wasn't a satisfying moment for Ethereum and everyone really disappointed because we are expecting too much for this coin.  And to know that fact that we are still in volatile market and not really we have a huge market resistance, we could still be thinking that Eth will still at low. But ain't really makes me think that it will goes down deeper,  and we'd rather to keep positive and look for its potentiality.
hero member
Activity: 1092
Merit: 501
Comparing the performance of ETH in 2019 to 2018, I will vouch for the performance of ETH in 2019. In 2018 during the long bear market era, ETH experienced its deepest downturn price of $80. 2019 has been good to ETH although ETH has not yet recovered to even 50% of its all time high price mark.
I am beginning to question myself if ethereum is ever going to recover, it is very easy to think it will and I still believe it will but the results have been so poor compared to what bitcoin has done during this year that I am beginning to lose hope, bitcoin is once again going up in price and while ethereum is doing the same its growth is nothing compared to what bitcoin is experiencing and this is despite all the improvements that the developers are making to ethereum.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Comparing the performance of ETH in 2019 to 2018, I will vouch for the performance of ETH in 2019. In 2018 during the long bear market era, ETH experienced its deepest downturn price of $80. 2019 has been good to ETH although ETH has not yet recovered to even 50% of its all time high price mark.
Such run might be a good bounce coming from the deepest fall, this year's movements make some investors to hold on and believe that there's
always a good bounce when you are holding solid project like ETH. Though there's no assurance that because of this market downfall again, ETH can
hold on and not to lose more value, Bitcoin still suffering with heavy fall since yesterday and most of the alts are also experiencing the same.
It's a very tough week for crypto industry, observe and do deeper assessment,  analyzing the next market movement is very important.
sr. member
Activity: 1288
Merit: 253

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
Now ETH $160 and will back with lower price under $100, many investor do not understand why ETH could dump very lower price? bitcoin dominance have less with lower price altcoin keep following bitcoin trend become lower price too, now we still do not know how bitcoin and altcoin price next week or new years on 2020, become extreme dump or back with higher price.
member
Activity: 938
Merit: 14
Earn more with Earn Network
Comparing the performance of ETH in 2019 to 2018, I will vouch for the performance of ETH in 2019. In 2018 during the long bear market era, ETH experienced its deepest downturn price of $80. 2019 has been good to ETH although ETH has not yet recovered to even 50% of its all time high price mark.
hero member
Activity: 1092
Merit: 501
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.
Your expectations are too high, 2017 was a very special year and while I do not have doubts something similar will happen in the future we should not expect every single year to be like that, this year has been fairly positive for many cryptocurrencies, it is true bitcoin monopolized most of those profits but the rest of the coins performed adequately and if someone was unable to get profits in this market then that's on them and not on this market.
member
Activity: 235
Merit: 10
BountyMarketCap
Ethereum continues to perform badly unlike how most holders expect to happen when bitcoin continues to dominate. The unsuccessful turnout of most ICO/IEO projects have contributed to the recent dumping of ethereum. Since the last major dump at the later end of September, there has not been any significant rise in price and this is really bad for short term holders of ethereum.
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