Topic: ETH is now hot topic - Whats wrong with it? - page 8. (Read 1297 times)
Not only ETH but also all the coins have dropped huge. People are waiting to see something special. I don't see that ETH will be overcome by other coins.
Because of almost ETH belong to Miners and ICOs. They need cashout their ETH for fiat money, and i think it's hard for ETH's price to steady increase in the future.
Buddy chill ethereum will be OK, it is just the ico project that I think is causing all the little flop, because most of the ico project find it diffi, ult to reach soft cap not to talk of hard cap, as a result, chase away most investora.
The mining ETH is not very profitable. I'm on buy and sell mining rigs group and see a huge wave of miners selling their rigs.
We can't say anything. Just see the market. But now, I myself will not be eager to watch the market every time as what I did previously. the market is very dropped. Moreover the ETH. I know I'm not the only one person who is very surprised and shocked with the ETH price currently. But, that is still the fact, ETH is still collapsing. but, I know that it will increase again.
I think the reason why eth price went down is because a lot of project team that did ICO dump a lot of their eth when the eth price was going down and it has made the number of eth in the market to be saturated so it will take time for the eth price to go up again
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 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?
Ethereum is not bitcoin, the supply is quite abundant as it needs to be used for investment. You have to trade to make profit and you have to always keep an eye on the market.
etherium in on hot topic because the price of it is getting lower but i think it's natural and maybe soon it will rise up again.
Nothing is wrong, all altcoins are down and bitcoin itself down, this is not something new and do not fret, I'm sure all the time will be normal, the market gets better and the price starts up.
Those who have long experienced in the crypto-currencies have not one crisis, similar to what is happening on the market, so I would probably ask them, as it was before? But I think that the situation as a whole is similar. but there are several differences, this applies to traders with WallStreet
Nothing surprising about any of this. The entire market is bearish currently just like majority of this year and the market might continue to stay bearish for a long period of time unless some amazing news breaks out which can turn the tide of this bear market into a bull market. The upcoming ETF proposal verdict might trigger a bull run, but the chances of something like this happening is quite low.
I'm still very Bullish on Eth, Ethereum overcome all obstacles in the past and now Eth is still going strong, this Dip is because of all the scam ICO under the Ethereum blockchain after they raised Eth on the ICO all of that ETH is converted to USDT or BTC and this is one of the examples caused of this decrease of price we are witnessing right now.
It is the hot topic today because no one can't expect that ethereum price decrease dramatically. The investors of ethereum are panicking and afraid about their investments.
Now the market has fallen all over. Therefore it is not surprising that the ethereum too. To protect yourself from losses, you need to wait a little that the market will recover.
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 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 is nothing wrong with ethereum because the technology is still good. The decline was made possible because many projects running in ethereum failed, so that in the end they dumped ethereum and the price was low.
ETH has always been the hot topic because of the same two reasons. first is the fact that they have a lot of money and have dedicated it to advertising their coin so that it increases its hype and its price as a result. by "they" i mean the centralized entity behind ETH that has full control over the network.
and the other reason is the hundreds of bag holder newbies who are bag holding a lot of tokens and some dust in ethereum that they want to increase in price.
and the other reason is the hundreds of bag holder newbies who are bag holding a lot of tokens and some dust in ethereum that they want to increase in price.
My take on this is due to the large number of ICOs that earned the majority of ETH, they are selling them as fast as they can. Although this is not true for the majority, it still has a negative effect to the overall space.
Many people trust in ethereum and many people invest in it. But ethereum price is dramatically decrease so many investors are afraid on what will happen on their investments.
The situation I Ethereum upsets very much many. But I am sure that soon this situation will change, and Ethereum will be on takeoff again . So don't sell it by losing profits. Be patient and you will get your profit.
The fact is that recently Kaspersky Lab: hackers stole $ 10 million in Ethereum with the help of social engineering. That's why the etherium falls all the time.
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