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Topic: ETH price, bears took control? - page 2. (Read 741 times)

hero member
Activity: 2856
Merit: 674
March 19, 2020, 04:03:54 AM
#69
The manipulation controls it, but if this stays low, we might see the bears controlling it soon.
It was so fast, the market did really start well but now everything is wasted and bitcoin is dump below $5000, and our hope is gone.

Actually, we should be watching bitcoin more as ETH will just follow the reaction of bitcoin, and now it seems bitcoin is bearish as well.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
March 19, 2020, 04:00:05 AM
#68
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Perhaps you were right afterall because bears later took control of the price of all crypto currency tokens, and only few percentages of token has taken a massive improvements in price.

The positives to take note from this bear run is the increase in volume of crypto currency, which shows that more  funds got into crypto currency.
Always dyor because the dip might be over or just beginning
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 19, 2020, 02:13:20 AM
#67
Yes you are right but not totally right, how? Not only ETH is affected in this case, even Bitcoin was affected other good coins were also affected, so i see it as a thing associated with bear market, which is, when it sets in, hardly is any coin spared.
It is because bitcoin is the major source of money for buying and selling the altcoins. Entry of fiat is limited here and thus this association.

Quote
Furthermore, being the numbers 2 in the crypto market shows the team is doing something right.
This is a flawed opinion. The one you are seeing as number 2 or number 1 or whatever is because of the market price and volume. They are not an indicator of the usefulness or development of the coin.

Whether one coin will be worth buying in the future is questionable if there is a sudden increase in price as well. Though for ethereum maybe a mid term sell would be a good option. So for that this is a good time to buy and keep in stock. Same goes with bitcoin.
full member
Activity: 1708
Merit: 105
March 07, 2020, 03:41:59 PM
#66
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Yes you are right but not totally right, how? Not only ETH is affected in this case, even Bitcoin was affected other good coins were also affected, so i see it as a thing associated with bear market, which is, when it sets in, hardly is any coin spared. Also, the Ethereum blockchain is already solid and it's a matter of time for more solid improvements to take place. Furthermore, being the numbers 2 in the crypto market shows the team is doing something right.

at that time there may have been a decline, but judging from the beginning of this March, ethereum had actually increased at a rate of 10%, although it finally fell at 4.9%. this week all the coins that were in the best position, all experienced an increase even though not much so did significant as well so are bitcoin.
hopefully in the next week it will stay afloat it might move up again.
copper member
Activity: 966
Merit: 14
March 07, 2020, 03:18:19 PM
#65
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

Yes you are right but not totally right, how? Not only ETH is affected in this case, even Bitcoin was affected other good coins were also affected, so i see it as a thing associated with bear market, which is, when it sets in, hardly is any coin spared. Also, the Ethereum blockchain is already solid and it's a matter of time for more solid improvements to take place. Furthermore, being the numbers 2 in the crypto market shows the team is doing something right.
hero member
Activity: 1050
Merit: 501
corion.io
March 07, 2020, 02:52:09 PM
#64
It is just almost a global correction to the price of the coins and we shouldn't be surprised of that. Bitcoin did the same thing also like it was at 12k, but it dived down to 7k then made a rebounce.
I am aware that ETH 2.0 is upcoming, and it could probably bring back those people that gave up and cashed it all out causing a possible increase in price, but that is merely my ownn speculation right now. We're not yet in the middle of the bear, and actually we might see another bull run soon.
You're right, the price of Ethereum depends only on the general trend of the cryptocurrency market. Ethereum cannot go up in price without other coins.
sr. member
Activity: 1610
Merit: 264
March 04, 2020, 07:35:43 AM
#63
It is just almost a global correction to the price of the coins and we shouldn't be surprised of that. Bitcoin did the same thing also like it was at 12k, but it dived down to 7k then made a rebounce.
I am aware that ETH 2.0 is upcoming, and it could probably bring back those people that gave up and cashed it all out causing a possible increase in price, but that is merely my ownn speculation right now. We're not yet in the middle of the bear, and actually we might see another bull run soon.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
March 04, 2020, 07:28:26 AM
#62
yes, the development being carried out has a big effect on the growth of ETH prices. because it may often occur when the server is busy transactions so that users do not want to use ETH again. this has an effect on the decline in the volume of ETH transactions and the prices go down. but I am sure ETH will not be too long Bears for 2020. when Ethereum 2.0 has been launched the price will improve again.
It's never happening again. Im not even seeing it right now and all of the transactions were running on ethereum blockchain never get clogged again. In my opinion, if this is a correction that can't be considered as a bear trend again. Ethereum is doing good right now and it's still running on the right way. People are still in the big demand for using ethereum. We are still waiting for the trend to turn over again into the bullish trend.
ethereum 2.0 can indeed influence traders today and trigger investors to return to ethereum but some time ago I heard that this development was delayed because there is a process that has not been permitted, hopefully ethereum 2.0 can provide good value and can be like what expected by everyone who supports ethereum.
hero member
Activity: 2366
Merit: 504
March 04, 2020, 07:03:21 AM
#61
yes, the development being carried out has a big effect on the growth of ETH prices. because it may often occur when the server is busy transactions so that users do not want to use ETH again. this has an effect on the decline in the volume of ETH transactions and the prices go down. but I am sure ETH will not be too long Bears for 2020. when Ethereum 2.0 has been launched the price will improve again.
It's never happening again. Im not even seeing it right now and all of the transactions were running on ethereum blockchain never get clogged again. In my opinion, if this is a correction that can't be considered as a bear trend again. Ethereum is doing good right now and it's still running on the right way. People are still in the big demand for using ethereum. We are still waiting for the trend to turn over again into the bullish trend.
full member
Activity: 1330
Merit: 147
March 04, 2020, 06:59:15 AM
#60
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
At least if you hold ETH in a few month before you will still benefited although you still hold it on your wallet.

It is the same with me, I have bought ETH when it was $100 actually in last year and I'm still getting profit if I sell it.

But seems like I will never take a decision to sell them, I will keep them in my wallet until the end of this year.

As for your concern, I think the improvement from ETH hasn't been felt by many people it may take several times and we can see its price will go up again.
jr. member
Activity: 224
Merit: 2
March 04, 2020, 06:52:17 AM
#59
yes, the development being carried out has a big effect on the growth of ETH prices. because it may often occur when the server is busy transactions so that users do not want to use ETH again. this has an effect on the decline in the volume of ETH transactions and the prices go down. but I am sure ETH will not be too long Bears for 2020. when Ethereum 2.0 has been launched the price will improve again.
hero member
Activity: 2982
Merit: 610
March 04, 2020, 06:17:53 AM
#58
The bear is still here as long as bitcoin stays unstable, we were excited to witness the way bitcoin moves early this year, but it was not able to sustain the run and now we are struggling to again reach $10,000, I can always include bitcoin in my analysis as I fully believe without bitcoin being bullish first, we can't expect a bull run on ETH as well.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 04, 2020, 05:40:59 AM
#57
I am used to seeing this situation. in my opinion this is not too scary when compared to last year. But lately, I have always benefited when trading ETH, you need to know, I have started making stock again to prepare to trade. Hopefully for this trade we can also get it again.
If you are getting scared while buying or selling crypto then you will be half defeated already. The trick to not to get scared. Some shills will either promote or sabotage the images of different assets. But you have to make sure your points are strong and that you are willing to hold it for some time before selling or buying more. If you have that mentality you will not lose money due to panic selling, cant say about other things though.

While ETH may be dropping BTC is the first which stated to fall. This is likely the correction for the 10k touching a week or more back. No directly attributable to any pathogen (fear initiates panic). Because humans tend to quickly draw connections without having proof, such will be the theme of the social medias.
full member
Activity: 812
Merit: 114
February 29, 2020, 01:45:58 PM
#56
Ethereum is not doing well, all of their pumps was for Bitcoin pumps as I assume. Ethereum is the king of the altcoins, so, they should keep developing the ecosystem continuously, not just depends on Bitcoin's movements! I don't know why they are being late to launch the ETH 2.0 upgrade where it is needed badly right now. We are not in bear nor in the bull zone, so anything can happen! I wish Ethereum would turn back and start growing again.
newbie
Activity: 154
Merit: 0
February 29, 2020, 01:06:27 PM
#55
I am pretty impressed with what GET protocol is bringing, cause this is basically about new standards on the market. I attend lots of music festivals, which is why I was excited when I discovered GET Protocol. It seems like a really cool solution with a lot of adoption and promising future. I wanted to share some info about them and ask for your opinion. GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. The GET token is used and burned whenever a ticket is sold using the protocol. So far, it looks like already 300.000 tickets have been sold. Most recently the team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And I definitely recommend you to have a closer look at guys website, cause there is much more to add
newbie
Activity: 112
Merit: 0
February 29, 2020, 12:46:45 PM
#54
What makes sense to you, when you are choosing advanced tokens? Cause I am pretty impressed with what ThreeFold is coming with. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world that is being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price. But I also recommend you to have a look at guys website to have a better understanding
hero member
Activity: 2184
Merit: 531
February 29, 2020, 11:50:36 AM
#53
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.

For me a single sell off is never an indication of the coin being bearish just like a single spike up is not an indication of it being bullish.

Calm down. The trend is only reflecting the move Bitcoin did and Bitcoin is reflecting other markets. S&P500 took a hit 2 dfays before Bitcoin.
full member
Activity: 1582
Merit: 101
February 29, 2020, 11:18:08 AM
#52
Think COVIN-19 affected ETH market  Grin Grin. Really this is very unexpected i think. Every one was waiting for atleast $500 at this moment ETH price but this does not happen. I could not actually understand why its happening??. This is why crypto market is so volatile.
sr. member
Activity: 1036
Merit: 329
February 29, 2020, 10:54:14 AM
#51
I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300.
This happens when something big affected crypto and that makes so many people wanna cashing out their money.
this crash caused by many reason, since 2017 till now on there are many bad news that suffer cryptocurrency market. almost all cryptocurrency price drop till 90% from highest price ever. something bad really happen now in market, and we need trigger that able make investors start buying again with huge amount. and now price cheap enough if we want accumulate our crypto amount, especially ethereum which is drop more than $70 only in few days.
Its not right time to buy even stock market is now affected with corona and i think this is also the reason why crypto market decline in this week.
When every market back to normal and have stable price thats the only thing it will be a good to buy. So wait a little more longer until the issue about corona solve.
member
Activity: 789
Merit: 10
February 29, 2020, 10:47:04 AM
#50
I am used to seeing this situation. in my opinion this is not too scary when compared to last year. But lately, I have always benefited when trading ETH, you need to know, I have started making stock again to prepare to trade. Hopefully for this trade we can also get it again.
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