ETH is crashing - page 2. | Bitcointalksearch.org

Casabrandy

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Quote from: TrumpD on July 11, 2017, 06:15:23 AM

Yep, the ICOs are dumping their eth, and they are dumping hard. Too any "projects" were used eth and I figure they are cashing in now. Expect the price to fall further and sell sub $100.

The are not the one to blame for ETH dump. All cryptocurrency right now are all on dump status if you don't know. Maybe this is the effect of split craze madness. Some whales are playing on crypto market right now.

TrumpD

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Yep, the ICOs are dumping their eth, and they are dumping hard. Too any "projects" were used eth and I figure they are cashing in now. Expect the price to fall further and sell sub $100.

SvenBomvolen

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Quote from: abilger on July 11, 2017, 03:52:10 AM

Actually it seems that almost all serious coins are red. Probably people are getting ready for the 1. August SegWit.

There were also too many ICOs build on Ethereum wallet and mostly invested with ETH.
Developers (actually most of them didn't develop anything, just copy paste) got free ETH and now selling all.
I think that is why ETH is the most loosing cryptocurrency at the moment.

What do you think guys?

Bitcoin is in red also. Must be the bigger mass of people really panic because of SegWit and decided to cash out their coins while the price is high. I don't plan to join, I have couple of ETH and a little of BTC, I will just wait, because of I am sure even if a drop will be somehow serious the price will come back on it's previous level and higher.

Metros

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Quote from: Pierre 2 on July 11, 2017, 06:00:43 AM

This is not crashing, this is market fixing itself.
Bubble was too big to pass. Now its melting thankfully. We may have more healthy prices.

Less whales

Pierre 2

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This is not crashing, this is market fixing itself.
Bubble was too big to pass. Now its melting thankfully. We may have more healthy prices.

JeffBrad12

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Quote from: abilger on July 11, 2017, 03:52:10 AM

Actually it seems that almost all serious coins are red. Probably people are getting ready for the 1. August SegWit.

There were also too many ICOs build on Ethereum wallet and mostly invested with ETH.
Developers (actually most of them didn't develop anything, just copy paste) got free ETH and now selling all.
I think that is why ETH is the most loosing cryptocurrency at the moment.

What do you think guys?

They were rushing to save their money into the fiat balance that will be securing them from the massive dump before the fork of bitcoin will be happening. Those keeping the ico balance of ethereum already invested in the ICOs.
That gives the more supply to the market. Looks the panic sell already happened in this time. I've seen the someone ( i believe the ico) try to dump the ethereum to the market.

Metros

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Yeah most recent big ICO's sold their ETH's for FIAT.

Instead of doing it step by step, like 1% a month, they are doing it like 10%/25% at once.

This is why people should wake up and stop blindly send money to ICO's.

If an ICO want more then $10M, have some deep doubts about it.

All this $100M ICO's, think about it like that: you simply fuckup your own portfolio. as right away they will convert it to FIAT and you lose.

Fioraver

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that is BTC segwit on 1 Aug, what the matter about ETH??

gedor

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it is not related to august 1, even if there is no august 1 issue we would see the same scenerio.

shamzblueworld

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Quote from: abilger on July 11, 2017, 03:52:10 AM

Actually it seems that almost all serious coins are red. Probably people are getting ready for the 1. August SegWit.

There were also too many ICOs build on Ethereum wallet and mostly invested with ETH.
Developers (actually most of them didn't develop anything, just copy paste) got free ETH and now selling all.
I think that is why ETH is the most loosing cryptocurrency at the moment.

What do you think guys?

Yes, but probably not for long. After August 1 saga is over, everything is gonna go towards normal again and the top coins like Eth are gonna get back to their best as well.
So, its just a phase, I don't think anything is at loss at the moment.

kryptqnick

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Quote from: crazyivan on July 11, 2017, 05:00:57 AM

I think it started cause of SegWit. What we have now is good old panic.

It ll pass in a few days, we ve seen this before.

It s also great time to buy.

Eth is now worth $190 but there was a time when it dropped even more than now. Now might be an indeed good time to buy some but as I once bought eth and got it stolen, I just don't feel like buying right now.
I agree that this is definitely not a reason to panic, everything will return to normal in a few days.
Perhaps now is also a good time to buy ltc even though it is not suffering much from current big drop of prices.

Abricotier

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Quote from: abilger on July 11, 2017, 03:52:10 AM

Actually it seems that almost all serious coins are red. Probably people are getting ready for the 1. August SegWit.

There were also too many ICOs build on Ethereum wallet and mostly invested with ETH.
Developers (actually most of them didn't develop anything, just copy paste) got free ETH and now selling all.
I think that is why ETH is the most loosing cryptocurrency at the moment.

What do you think guys?

ICOs wallets are being watched tightly, the developpers can not sell just like that. And to this day I have not seen any ICO that succeeded that had nothing backing it Roll Eyes

...

Quote from: crazyivan on July 11, 2017, 05:00:57 AM

I think it started cause of SegWit. What we have now is good old panic.

It ll pass in a few days, we ve seen this before.

It s also great time to buy.

I concur. SegWit created this panic, and it is a great time to buy.

crazyivan

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I think it started cause of SegWit. What we have now is good old panic.

It ll pass in a few days, we ve seen this before.

It s also great time to buy.

puremage111

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Quote from: abilger on July 11, 2017, 03:52:10 AM

Actually it seems that almost all serious coins are red. Probably people are getting ready for the 1. August SegWit.

There were also too many ICOs build on Ethereum wallet and mostly invested with ETH.
Developers (actually most of them didn't develop anything, just copy paste) got free ETH and now selling all.
I think that is why ETH is the most loosing cryptocurrency at the moment.

What do you think guys?

Yeah its all red

Majority reason i would say is due to The Segwit implementation, because everyone hate changes

For the next point you mentioned, it could be valid because they need real fiat to purchase, hire and other expenses

But i think they don't sell in mass i suppose

abilger

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Actually it seems that almost all serious coins are red. Probably people are getting ready for the 1. August SegWit.

There were also too many ICOs build on Ethereum wallet and mostly invested with ETH.
Developers (actually most of them didn't develop anything, just copy paste) got free ETH and now selling all.
I think that is why ETH is the most loosing cryptocurrency at the moment.

What do you think guys?

Topic: ETH is crashing - page 2. (Read 2126 times)