actually it doesn't only happen to ethereum but some other altcoins also go down together. I don't know what's going on with the crypto market lately, but I think ETH still has a chance to pump $ 200 before the end of this year.
True, I am also still convinced that the price of ETH will rise again at the end of this year, although in the middle of this year ETH has experienced a very severe price decline, but the potential to rise again at the end of this year is always wide open for ETH, I personally am always optimistic against altcoin ETH, because ETH altcoin is the best platform in cryptocurrency. 
Topic: ETH experiences the deepest downfall this year - page 8. (Read 1206 times)
Price drops should be seen as a opportunity to invest for the future especially if it is trustable coin. Where there is demand and supply, there should also be a fall. ETH's price was more affected by the recent market decrease, possibly due to the sudden increase. The majority sold it from the top to avoid losing money and and accordingly this was caused panic sales. Anyway we need to give time to the market, IMO this year the market has increased as needed. I already appreciate the increase this year has shown.
Not necessarily,,, price drops are of course great for long term hodlers,,, like myself but these are only if you have a long-term belief for the coin. Do not rely on trust,,, we are all incapable of being objective in trust once we own the coin.
Buy the dips, but never buy just because price is dropping!
What really caused ETH boom was many ICO using its platform, and most investors had to buy ETH, that demand has isnce drop because of IEO innovation. The ethereum newtork is still very much in use till date, as most project are built on the platform. ETH price will still grow again but they should handle the issue of slow network and rising gas fee so as to make it more attractive.
ICO is really big help for ETH to have thier own demand at early stage you will see that everything is working fine. But after too many ICO has been created by 2018 different things happen there are too many success project sold thier ETH to fiat and the price continue declining they sold thier ETH bulk and that was the reason why ETH is hard to maintain the price.
I think Ethereum is an altcoin that has great potential in the future, maybe at this time ethereum is experiencing a sharp decline but who knows today or tomorrow the price of Ethereum can be significant again. on the other hand there are many projects that use the ethereum platform, there are still many communities involved, and I think Ethereum still has hope of increasing its value again.
What really caused ETH boom was many ICO using its platform, and most investors had to buy ETH, that demand has isnce drop because of IEO innovation. The ethereum newtork is still very much in use till date, as most project are built on the platform. ETH price will still grow again but they should handle the issue of slow network and rising gas fee so as to make it more attractive.
ETH could be your destination investing for the future because always consist price after dump can go back to higher in short time, when bitcoin have positive way to higher I think ETH allow how bitcoin raised up to higher price again, never late for take part become ETH investors.
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
actually it doesn't only happen to ethereum but some other altcoins also go down together. I don't know what's going on with the crypto market lately, but I think ETH still has a chance to pump $ 200 before the end of this year.
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.
Be careful if you want to invest in ETH.
Eth is a champion coin for me and yes I understand the downfall of eth is really hard to see but I don't think it will be the same, ups and downs are part of this crypto trading. Also a lot of scam bounty projects have impacted the value already and I am sure eth will make a come back again with some serious pump. We are already in the last quarter and it will shine again.
Price drops should be seen as a opportunity to invest for the future especially if it is trustable coin. Where there is demand and supply, there should also be a fall. ETH's price was more affected by the recent market decrease, possibly due to the sudden increase. The majority sold it from the top to avoid losing money and and accordingly this was caused panic sales. Anyway we need to give time to the market, IMO this year the market has increased as needed. I already appreciate the increase this year has shown.
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.
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.
Developers need to take measures to prevent junk ICOs from appearing on the ETH chain. Junk and fraudulent ICOs only discourage investors and distrust the ETH project. I think ETH needs a very long way to recover.
In my opinion, ETH is having a capital problem at ETH when the ICO had too many scammer in the past year and made it a fear of investors. Perhaps because of that measure, ETH lacks capital from investors. They will soon come up with new strategies and plans to bring ETH back in the near future.
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.
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.
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.
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. Be careful if you want to invest in ETH.
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. 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.
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.
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.
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.
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.
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.
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