ETH price falls below 300usd, lowest price in 9 months - page 3.

MasterICO

newbie

Activity: 78

Merit: 0

Quote from: labake on August 14, 2018, 12:34:49 AM

A sell-off sent the ethereum price plunging below $300 on Monday, forcing the second-largest cryptocurrency to its lowest mark in more than nine months.
Ethereum had traded as high as $323 earlier in the day, but a flurry of sell orders began to pummel the market at approximately 15:00 UTC, driving ETH closer and closer to $300, a level it had not touched since 2017.
Notably, this decline has not just occurred against the dollar, as the ethereum price has also cratered against bitcoin. Just six months ago, ETH was valued at just under 0.1 BTC. Now, it’s priced at less than half that mark and shows no signs of finding its footing as bitcoin continues to gobble up market share. At a present value of 0.047, ETH/BTC is now trading at levels not seen since mid-December, when the bitcoin price went parabolic and briefly peaked at $19,891 on Bitfinex. It’s not entirely clear what drove the sell-off, which is disproportionately large compared to the minor declines exhibited throughout the majority of the rest of the cryptocurrency market.

Im an ethereum fan and hodl some few and this event will discourage me why this happening after reaching its ATH suddenly it will down this much and the momentum was not sustain. and I think some of the team is dumping hard.

Coindgr

hero member

Activity: 1034

Merit: 500

Quote from: ujinice on September 03, 2018, 03:01:13 AM

Quote from: SnapFX on September 03, 2018, 01:36:02 AM

I think ETH will begin to win back its positions from October. We will wait a little longer, and then we will substitute our pockets)

Ethereum will grow only with the influx of new investments into the crypto market, and why do you think it will be October? Do you own any valuable information?

In my crystal ball I can see a big price increase in the end of October, be prepared... Cool

bryle10

full member

Activity: 350

Merit: 100

We do not know that you should always look at the market so you know what to do. because your money may be lost so be careful. Be wise investing so you do not lose money.

onemillionusd99

newbie

Activity: 196

Merit: 0

This exceeded my expectations, I think the support level of the ETH is about 380 dollars but prices continue to fall. But not only the ETH price is sold but all the altcoins are the same. This is because whales sell out at the same time, and I think they will be bought when there is good news in the cryptographic market. Crypto still has a good future so prices are likely to increase.

yanesna3

full member

Activity: 504

Merit: 100

Quote from: xbudahx on August 31, 2018, 02:23:21 AM

I think that the Ethereum is now in a state of compressed spring, the price is inadequate for such a demanded asset. The price should soon be adjusted.

Sure, it will gain. The price is artificially reduced - Ethereum should cost at least a thousand. Suppose we must wait for the positive changes with this altcoin in January 2019 or even a bit earlier.

trobbert

member

Activity: 462

Merit: 10

Yeah, price is too low and why don't you buy more ethereum? It is opportunity to increase your capital, it is like time machine back to mid 2017, so you can buy prior to pump!

paulscathedral

jr. member

Activity: 1036

Merit: 1

And that's a good sign for us. And a good sign for the big whales of the cryptocurrency market, which swim here only at a special time. Special like this. Prices are at their lows, a good time for the wholesale purchase of promising coins for long-term investments (3-6 months).

ujinice

member

Activity: 574

Merit: 15

Quote from: SnapFX on September 03, 2018, 01:36:02 AM

I think ETH will begin to win back its positions from October. We will wait a little longer, and then we will substitute our pockets)

Ethereum will grow only with the influx of new investments into the crypto market, and why do you think it will be October? Do you own any valuable information?

SnapFX

jr. member

Activity: 588

Merit: 1

I think ETH will begin to win back its positions from October. We will wait a little longer, and then we will substitute our pockets)

3x1t

member

Activity: 233

Merit: 10

ETH will not be decreased till the end I think, that we can see now it is the time of ETH's trouble before its great restoring and increasing price. I will support ETH even if it has the lowest price in 9 months, it is too promising altcoin that you could not lose.

Mt. Dempo

jr. member

Activity: 294

Merit: 1

for now eth has not been able to get out of its fall, even to touch or reach $300 is very difficult to do. this worries me, whether eth can survive and rise again or fall more and worse than today Huh

jaggijagjit

member

Activity: 378

Merit: 10

In this kind of market situation all the coins price at there lowest level and ethereum is also follow the same trend but very soon this market will be come out from this situation and all the coins price will be increase. So this is the best time to buy ethereum at below $300 price. i think this the good opportunity to buy ETH for getting good profit.

Happy Miner

member

Activity: 364

Merit: 10

Even when bitcoin rises above 7200, the etherium can not surpass the level of 300 dollars. Now this coin is very weak, you have to get rid of it. I am sure that the etherium will continue to become cheaper and will soon cost 150-170 dollars.

Lerikaweb

member

Activity: 392

Merit: 12

The Fourth Generation of Blockchain in DeFi

Quote from: twkasun7 on September 02, 2018, 11:03:39 AM

experts say ETH still did not hit bottom yet.As they say it will dropped as nearly 150-200 $ area.Also ETH founder saying ETH will be dropped as nearly its ICO price.OMG how shocked is that.Who knows .

Its Ico price was less than a dollar, I don't think that the things are so bad)) They have to add some protocol in order to make it possible to hold more transactions simultaneously. Then the price will go up.

xbudahx

full member

Activity: 378

Merit: 102

It's fault bitcoin it was he who took the capitalization of all the altcoins. There are no new investors on the market, so the growth of bitcoin is provided by the fall of the rest of the crypto market including Ethereum.

Yury1

sr. member

Activity: 560

Merit: 257

I think these are the last days when we can see the price below 300$ for the ETH. In the near future, the price will start to rise and in October will be about 500$, so now a great opportunity to buy at a bargain.

twkasun7

jr. member

Activity: 116

Merit: 1

experts say ETH still did not hit bottom yet.As they say it will dropped as nearly 150-200 $ area.Also ETH founder saying ETH will be dropped as nearly its ICO price.OMG how shocked is that.Who knows .

JeromeL

member

Activity: 554

Merit: 11

CurioInvest [IEO Live]

Ethereum has very big problems with scalability. If this problem is not solved, he will be able to leave the second place.

bobbyjonathan

newbie

Activity: 112

Merit: 0

It is currently at 291 usd and that is because it went up in the past couple of days, I think it was at around 270 usd, it's lowest point I believe,

batturkey

full member

Activity: 336

Merit: 100

The World’s First Blockchain Core

Still way better than last year

so its sad for newbies but many are in +

Topic: ETH price falls below 300usd, lowest price in 9 months - page 3. (Read 1724 times)