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Topic: ETH is now hot topic - Whats wrong with it? - page 10. (Read 1297 times)

jr. member
Activity: 112
Merit: 1
Who keeps patiently the etherium, today the day is unsuccessful - 1 etherium costs 270 dollars. I think their worries should not lead to panic sales. I hope so that the market does not sink anymore.
newbie
Activity: 120
Merit: 0
As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.

I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?

Is ETH becoming project which will be overcome by any other projects out there?

I think there are some other major factors aside from negative news coming out. I'm starting to wonder if there are also manipulators like major or whale investors in ETH who can dump the price significantly.
newbie
Activity: 139
Merit: 0
I am so sorry I did not sell out all my ETH at the price of $500. Now it is around $275 - I lost about 40% of my budget.
I can't believe that ETH can drop below $300. That is too bad.
newbie
Activity: 43
Merit: 0
Of course many people experience disappointment with the current decline in the price of ETH, but this is a common thing in the crypto world, we can't predict with certainty about the price of altcoins, but I have confidence that eth will survive in its class, cause until now it is still many are interested in investing in ethereum, for me this is the right time to invest in eth, my eth analysis will return to good market value in the future.
full member
Activity: 379
Merit: 100
The recent ETH is really very weak, and the reduction of demand is the biggest reason for price reduction. This year, the market has continued to decline, a large number of ICO projects into the market, more than 90% of these ICOs are worthless, ICO losses caused by a large number of people's enthusiasm for ETH declined.
newbie
Activity: 50
Merit: 0
This year the ICO market has not succeeded, I mean that most ICO projects have not achieved their goal. That's why the market is going down, and ETH is part of this. But ETH is the main alternative to this market because most of the project runs on the ETH platform
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Yeah it makes no sense to see eth fall this deep, even Bitcoin already recover, but the eth price still falling down, the most reasonable reason is the usage of eth is decreasing, eth mostly used because of its smart contract, and when the ICO that used smart contract got problem, it will automatically affected the eth price, but I still believe eth could recover, if more people want to invest in eth, the recovery will be faster
Users haven't experienced this before. Now this has made them panic and stay with frustration. With bitcoin this is quite a common factor and when it happened with bitcoin people feared and later people started to stay active realizing the reality. This is new to ethereum, soon we can experience the recovery.
jr. member
Activity: 280
Merit: 1
I think Ethereum became a warm topic because of a severe decline, everyone knows this situation, I do not know for sure what causes that make Ethereum's price dropped drastically, I heard the news that the decline in Bitcoin prices affects the value of ethereum and other altcoins.
legendary
Activity: 1666
Merit: 1001
Yeah it makes no sense to see eth fall this deep, even Bitcoin already recover, but the eth price still falling down, the most reasonable reason is the usage of eth is decreasing, eth mostly used because of its smart contract, and when the ICO that used smart contract got problem, it will automatically affected the eth price, but I still believe eth could recover, if more people want to invest in eth, the recovery will be faster
sr. member
Activity: 476
Merit: 257
Ethereum price movements have been unexpected drops in last months, formerly with the rise in bitcoin price, the price of ethereum is also rising. Nowadays, the reason for not increasing the price may be the failure of many ıco.
newbie
Activity: 36
Merit: 0
With the current market, most of the market is wrong, not every ETH, I think the next time the market will be better.
newbie
Activity: 85
Merit: 0
I think it is still a really good platform that brings a lot of innovation to the market, the thing is that most people are focusing in it's monetary value for trading, and with a lot of altcoins coming out every day, ethereum keeps dropping in value because there is more competition.
member
Activity: 336
Merit: 11
I am no stable coin. to the mooonn.. and back
As we can see that the market of ETH is again becoming the weak one and there is no way it is even trying to come up with the prices of 300+ and they should have been 500 USD per coin by this time and thats why it is hopeless to see it trading at such low rates.

I wish to see some comments from the people as to why this situation is getting harder for the ETH specifically and why it is not in the recovery mode yet?

Is ETH becoming project which will be overcome by any other projects out there?

Even I am researching on this topic from past few days because even i am holding few positions on the Ethereum and other ERC-20 tokens and i think that decrease in the price of Ethereum will affect my holdings. I  think traders have lost their belief and hope on Ethereum and ERC-20 projects and this is sellers are increasing day by day and there is no demand seen coming on the bottom of the downtrend. If Ethereum is not having that kind of value then we must need to find some other Cryptocurrency which can replace the Ethereum. Let's hope for the best. Huh
newbie
Activity: 98
Merit: 0
I'm sure ethereum prices will recover, someone might panic with ethereum prices which have continued to fall in the last few days, but this is the right time to buy ethereum, many ICO projects that fail and many frauds affect ethereum prices at this time.
member
Activity: 420
Merit: 11
ETH has too many competitors at the moment. And many of these competitors is really good platforms.
And still there are a lot of very young but perspective 'like ETH' of projects.
Market is red. ETH had very good year of growth. Now there is a correction, but all this still the good price actually.
copper member
Activity: 2212
Merit: 605
🍓 BALIK Never DM First
There's nothing wrong with Ethereum in general. The facts are this, when the markets get tough, people start moving towards the strongest players in the game, at the moment that is Bitcoin. As you can see, Bitcoin dominance has increased by almost 20% in the last 8 months, simply because all the remaining hands are hedging against ETH and all other altcoins (remember most tokens are based on ETH.)
newbie
Activity: 105
Merit: 0
ETH has always been a risky investment.  I'm not tech savvy, but I've read it's buggy, uncapped supply, no killer DApps have been built yet the blockchain has gotten congested, risk of Vitalik/foundation making crucial decisions/being a central point of failure, risky scaling solutions, ICO's holding huge supplies and dumping, etc.
newbie
Activity: 54
Merit: 0
Its simple, ETH as been a mainstream for lots of scam on the blockchain, too many ICO and airdrops on the ETH blockchain i think this is enough reason for the price dip, investors pump their funds into this scam, and most ICO do away with their money, and most of the volumes ETH has is a result of this too many projects and most of them don't even start bfr they fail.
legendary
Activity: 1834
Merit: 1036
ETH is still a good platform to launch an ICO or new project. Nothing wrong with ETH. What I noticed is when Bitcoin is down, ETH also follows and so are the other Atcoins so this is not really a breaking news, it's just that for the past few months we may have seen ETH on its lowest. It will recover eventually as Bitcoin will start to recover as well as we enter the Ber months.
member
Activity: 448
Merit: 10
It is now a hot topic since its price drops significantly, and i think there is no wrong about this. On the side of holding ethereum maybe they panic for the decreasing of price. But dont worry because ethereum has a potential, has a good value and ita price would comeback in the future market. And now is the right time i think to invest ethereum, since it has a low value to buy with.
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