Topic: ETH is now dying, what do you think? - page 44. (Read 4743 times)
It is already august of 2018, and it keeps dropping, it is getting kind of depressing actually, however, ethereum is one of the few coins that I think will prevail once the market start rising again
Crypto market is been red for last 3 months. Everyone has lost money. What do you think?
I think that this is far not the end of the red season, we will be going even deeper and longer probably it will last until the beginning of 2019 but I'm having no guarantees that we will not recover before it.
In my opinion Ethereum is not dying, indeed now ETH is down drastically even other Bitcoin and Altcoin are also down. I think this is the right time to invest in ETH. And hope the ETH will rise and return to normal.
I don't think Ethereum is dead, it is just resting. I think this price decline also occurs on other coins. Even though in 3 months, crypto is in an alarming period, but I don't think this will last long. It only takes a few more months, I think the price of coins, including Eth will rise again.
It is not about of losing our hope but seeing drowning price of ETH simply make us down also. May we could consider this as a strategic way of resting but it gives worries for eveybody who are investing ETH since before and hoping it will wake up from a long sleep.
ETH plummeted as it is now due to the fall of the Ether through ICO services and blockchain projects.
The problem is that when ICO and blockchain projects are worth millions of dollars after offering tokens, to fund operations and development, the ICO needs to liquidate a significant portion of the ECTHs that it has given. Most ICOs tend to liquidate their ETHs on public electronic trading platforms such as Bitfinex, which has triggered a domino effect that causes both ETH and other leading electronic currencies to decline in large amplitudes.
The problem is that when ICO and blockchain projects are worth millions of dollars after offering tokens, to fund operations and development, the ICO needs to liquidate a significant portion of the ECTHs that it has given. Most ICOs tend to liquidate their ETHs on public electronic trading platforms such as Bitfinex, which has triggered a domino effect that causes both ETH and other leading electronic currencies to decline in large amplitudes.
Ethereum that is believed to beat bitcoin in the nearest future is now one of the worse coin with prices dipping so badly in the market. There is nothing we can now than to keep hodling and hope the market recovers.
I don't think Ethereum is dead, it is just resting. I think this price decline also occurs on other coins. Even though in 3 months, crypto is in an alarming period, but I don't think this will last long. It only takes a few more months, I think the price of coins, including Eth will rise again.
Ethereum no doubt will do great as it has a real world use case, and it is a platform, but it has a lot of competition now by other platform blockchains like Ontology, Cardano etc. And its very difficult to predict how will things take shape and which ones become the leader in the future.
I think everyone knows the reason for these events. If a person that has done all this, will leave the team, Ethereum can still receive at least some chance.
This season has been running for a long time. Tired of waiting for the crypto that is not known with certainty when it will recover and re-create the new number. But, this is part of the sensation that must be felt, so that when the market has recovered we can truly feel the benefits. ETH until now is still active in developing, the platform is still being used in various ICOs. This will help the ETH to continue extending its age in crypto.
eth is not dying or dead, things like this are fair market red like when it's time to buy eth with a pretty low value.I think this price repetition is just waiting for the time to sell high after all the green market.
I'll agree with you Eth is not dying.It is our time to grab the opportunity that eth is goes down and be patience to wait until it recovered because not at all times the market value was goes down sometimes it goes up.
Crypto market is been red for last 3 months. Everyone has lost money. What do you think?
yes, ethereum has declined sharply so far, I think this decline will dominate in the next few months but there will always be a growth gap even though it is temporary. I only made a short trade and bought ethereum
I think this situation can be beneficial if you can search for any gaps
absolutely, ETH is dying.
a lot of arguments to say.
- Dropped it's value almost 75%
- ETH Cap goes down as time passes by.
- ETH has no value in the market, why? Because ETH is just valuable as a way of gambling. if you count the amount of money ETH is making by smart contract, you will see that it will not get even to 1 bln dollars. Gambling is what ETH is about.
- there is NO MASS ADOPTION. This is one of the big lies of all ETH scammers.
- Null developpement.
- Big amount of stock and production of the coin which drops the value a lot.
- ASIC is ruining all particular miners since big investors are buying ASIC's to take out all gpu miners. Developpers are not doing nothing to stop this.
- laws, legislations, end of anonimity, hacks, taxes are also destroying ETH as a way to invest and win money.
Even in Spain are saying that you have to pay taxes by exchanging coins to other coins. You don't win money in an exchange, but they want a part of taxes. And after getting the money back, another time in a tax called IRPF (a personal tax over annual income).
etc... it's dying. absolutely.
a lot of arguments to say.
- Dropped it's value almost 75%
- ETH Cap goes down as time passes by.
- ETH has no value in the market, why? Because ETH is just valuable as a way of gambling. if you count the amount of money ETH is making by smart contract, you will see that it will not get even to 1 bln dollars. Gambling is what ETH is about.
- there is NO MASS ADOPTION. This is one of the big lies of all ETH scammers.
- Null developpement.
- Big amount of stock and production of the coin which drops the value a lot.
- ASIC is ruining all particular miners since big investors are buying ASIC's to take out all gpu miners. Developpers are not doing nothing to stop this.
- laws, legislations, end of anonimity, hacks, taxes are also destroying ETH as a way to invest and win money.
Even in Spain are saying that you have to pay taxes by exchanging coins to other coins. You don't win money in an exchange, but they want a part of taxes. And after getting the money back, another time in a tax called IRPF (a personal tax over annual income).
etc... it's dying. absolutely.
eth is not dying or dead, things like this are fair market red like when it's time to buy eth with a pretty low value.I think this price repetition is just waiting for the time to sell high after all the green market.
I'll agree with you Eth is not dying.It is our time to grab the opportunity that eth is goes down and be patience to wait until it recovered because not at all times the market value was goes down sometimes it goes up.
It is a possibility because a lot of coins are joining the market. And there is new platform that might replace ETH is the major provider. Since a lot of coins are ETH based. This will really hit the market on a straightforward manner that might give a huge effect on all coins that are ETH based. There this new platform that will eventually replaced ethereum and I think this is the time when a lot of changes it the market will occur.
Sometime everything dies. But specifically now and in the last half of year not the best times for cryptocurrency
ETH WILL DIE VERY SOON
ETH is the future, keep researching and be patient!
Yes,ETH is a future and its enough to secure our future if we can hold a decent amount of Ethereum coin.The price just falled a lot and I dont want to miss this chance. I am selling other alt coin for buy Ethereum right now. Ethereum is best time to buy there is a space created if it dip like that it means time to invest people look at it like ethereum is dying but nothing will happen to ETH it will still remain second coin in crypto currency market
Completely agree) The situation on the market in whole leaves much to be desired, and the situation with the Ethereum price is not the exception against the general background. Comparing the price of previous years and the price of the Ethereum nowadays, you will find out that everything is ok to tell the truth.And it is not the end of Ethereum, it is just the period. I believe in better situation. And think that it is better to wait a little and be more patient)) That person gets benefits who has a strong patience and cold mind dealing with money or cryptocurrency decisions-making.
Actually I feel so bad about these decreasing but I can't do anything. I believe this technology and this market that will come to better position so I will wait and see what will happen.
Jump to: