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Topic: ETH is crashing (Read 2130 times)

sr. member
Activity: 291
Merit: 250
July 13, 2017, 05:43:02 AM
#35
I dont think this current condition is crashing,
we have to be very careful.

Crashing is when some expected value drop to almost zero and not recovered,... globally.
it is recoverable and it is normal if some price of trading is dropping.

This current drop price should be compared to 6 months ago or even to 3 years ago.
It is obvious not crashing.
It is just dropping.
jr. member
Activity: 58
Merit: 10
July 13, 2017, 03:35:59 AM
#34
If a coin crashes and rises so fast it is good to buy and sell
If a coin rises steady (even though slowly) it is good to hold.
I don't think such a currency supported by many big companies will die. As it is said "buy low sell high".  Grin
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 12, 2017, 04:26:49 AM
#33
If we see ethereum coin dump I think this this is the right time to buy more ethereum. Many people panic selling But I dont know why those people panic its because of the august 1 is near or what? I hope in august 1 will become okay . I hope ethereum will increase again and will back to the price of 350 dollars per ethereum. Buy more ethereum to make a lot of profit. Be patience and dont panic selling.

You can't decide whether or not it's right time to buy ethereum now. We don't know how much more the market will go down. Believe me it's not a dream to see ethereum around $100 again. This is easy. Just don't react too fast when buying.
The price is always bounce back again, Too difficult where the price of ethereum goes. I think just try to put your order in the bottom if you are want to grab a lot of the cheap ethereum. And just be oatience until your order gets execute by the market.  Roll Eyes
sr. member
Activity: 420
Merit: 250
July 11, 2017, 07:59:39 PM
#32
If we see ethereum coin dump I think this this is the right time to buy more ethereum. Many people panic selling But I dont know why those people panic its because of the august 1 is near or what? I hope in august 1 will become okay . I hope ethereum will increase again and will back to the price of 350 dollars per ethereum. Buy more ethereum to make a lot of profit. Be patience and dont panic selling.

You can't decide whether or not it's right time to buy ethereum now. We don't know how much more the market will go down. Believe me it's not a dream to see ethereum around $100 again. This is easy. Just don't react too fast when buying.
full member
Activity: 462
Merit: 100
July 11, 2017, 06:50:59 PM
#31
wait a sec. my head full with a doubt. not any longer bitcoin chain will be a maintenance. if we hold ethereum with such a problem what do you think? i think we need to catch the dip at least a week more to see what schemes behind this crash
member
Activity: 113
Merit: 10
July 11, 2017, 05:39:34 PM
#30
hahahah the meme lines, oh man...so we found new support, buy buy buy ETH is gonna moon hodl hodl lmaaaooooooo
member
Activity: 74
Merit: 10
sr. member
Activity: 1624
Merit: 267
July 11, 2017, 04:36:28 PM
#28
If we see ethereum coin dump I think this this is the right time to buy more ethereum. Many people panic selling But I dont know why those people panic its because of the august 1 is near or what? I hope in august 1 will become okay . I hope ethereum will increase again and will back to the price of 350 dollars per ethereum. Buy more ethereum to make a lot of profit. Be patience and dont panic selling.
jr. member
Activity: 58
Merit: 10
July 11, 2017, 04:25:35 PM
#27
and also never underestimate the power that panic sells have. when the drops start, everyone abandons ship.

well said! Actually that would be the best time to buy Smiley
legendary
Activity: 1073
Merit: 1000
July 11, 2017, 11:07:51 AM
#26
Is this really a surprise for anyone?

ETH is driving the whole market down, and I don't think there is a bottom in sight.
hero member
Activity: 826
Merit: 1004
July 11, 2017, 10:40:08 AM
#25
Not only ico is the issue if you noticed the market cap which is now at 80 billion from 105 billion in june. After eth started crashing and the people who sold told they enough profit after few days many started following this trend of taking profit which led to the crash of all the coins. This isn't any bad news because obviously the market will recover but it can weeks weelsor maybe months.
legendary
Activity: 2212
Merit: 1038
July 11, 2017, 10:30:59 AM
#24
But muh stash of CHC!!!
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
July 11, 2017, 10:30:34 AM
#23
Almost thirty percent drop in the last seven days... Nothing new for altcoins, but for a multibillion dollar market cap it's a lot.
Well, the bearish trend will not stop with this percent, it still begin and we can see new lowest price soon.

Example: In March to May is bullish trend and very more highest created as XRP, STR, DGB, SC, LBC ...

=> In June to August is bearish trend anh new lowest price not see in 2017 will creating in this time Roll Eyes
legendary
Activity: 1288
Merit: 1087
July 11, 2017, 10:16:52 AM
#22
Can anyone give me a good reason why it was worth tens of billions?

All the ico junk did was create a slow suicide for the price.
newbie
Activity: 11
Merit: 0
July 11, 2017, 09:11:46 AM
#21
Almost thirty percent drop in the last seven days... Nothing new for altcoins, but for a multibillion dollar market cap it's a lot.
full member
Activity: 308
Merit: 100
July 11, 2017, 09:02:58 AM
#20
$178 per 1 ETH is really too bad for the cryptocurrency world

I fully agree. We should allow scammers to run amok and steal other people's money, crypto was supposed to be anti establishment and "for the people", and I know when dealing with people you have to run into some scammers, but then the people should vote against those kinds of things.

ETH being one of the more popular trashcoins should fall down to its realistic price range of $3-$5, and stay there forever so we don't get another shameful moneygrab like we did in the ICO scam era of late spring-early summer 2017.

How do you recognize a dumb crypto degen?
- He still HODLs (for fuck sake, that dumb meme) XRP, DGB or ETH in july of 2017.

the holy trinity of shitcoins; XRP, DGB and ETH.

So many people using ETH, why should it fall to $3? you just randomly drop a number?

If more people will use Bitcoin, then according to your theory Bitcoin should fall into $3 price as well?

You are making no sense at all.

This entire crypto of the modern day is built upon Ethereum, it is the most important blockchain atm.

Bitcoin became more of an asset then a coin, you really think we can relay on Bitcoin? hours for 1 tiny transaction, FIAT winning that.

If so, Ethereum price should be more as $1000 or even to pass Bitcoin as it is the future.

Once PoS is fixed @ ETH, done.
member
Activity: 113
Merit: 10
July 11, 2017, 08:05:35 AM
#19
$178 per 1 ETH is really too bad for the cryptocurrency world

I fully agree. We should allow scammers to run amok and steal other people's money, crypto was supposed to be anti establishment and "for the people", and I know when dealing with people you have to run into some scammers, but then the people should vote against those kinds of things.

ETH being one of the more popular trashcoins should fall down to its realistic price range of $3-$5, and stay there forever so we don't get another shameful moneygrab like we did in the ICO scam era of late spring-early summer 2017.

How do you recognize a dumb crypto degen?
- He still HODLs (for fuck sake, that dumb meme) XRP, DGB or ETH in july of 2017.

the holy trinity of shitcoins; XRP, DGB and ETH.
sr. member
Activity: 434
Merit: 250
July 11, 2017, 08:02:26 AM
#18
I don't think ether will crash so easily even it's growth was too fast now it's around 180$ this has reached couple of time from past few months . Still ether is in good position to hold.
legendary
Activity: 1137
Merit: 1000
July 11, 2017, 07:53:48 AM
#17
$178 per 1 ETH is really too bad for the cryptocurrency world

What is going to happen next? $100? Probably it will not crash more as there will be more investors are waiting to buy it for comparatively cheaper prices. So, we cannot expect this type of crashes to be continuing for longer duration.
hero member
Activity: 1470
Merit: 655
July 11, 2017, 07:22:26 AM
#16
the big and numerous ICOs were the only reason why ETH went up in the first place and then the hype and their relentless advertising helped the rise become bigger.

now that the number of new ICOs has faded away and the old ones are selling the tokens they have gotten to get out the price is starting to drop.

and also never underestimate the power that panic sells have. when the drops start, everyone abandons ship.
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