ETH USD going down has two positive effects - page 3.

robro

newbie

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Quote from: coaprotet on December 10, 2018, 04:53:04 AM

I also think that such a market correction is great for the whole industry. We will finally see less scammers and people that are here for short term profits. The believers will still hold whatever happens and as soon as the market recovers we will be rewarded.

Agree with you there!

caffu chino

member

Activity: 532

Merit: 10

Quote from: robro on December 07, 2018, 02:05:00 AM

The positive efffects of ETH going down

1. Short term investors are put off
2. Hype based projects that never deliver are discouraged to put in the extra effort.

Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.

Agree?

Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork

there is no positive effect from this decline. all good things are destroyed and you still say that's a good thing?
investors lose and prices continue to fall day by day. if this situation continues, sooner or later not only is ethereum destroyed but the cryptocurrency can also end.

coaprotet

copper member

Activity: 210

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KNL Ecosystem - Invest. Trade. Earn.

I also think that such a market correction is great for the whole industry. We will finally see less scammers and people that are here for short term profits. The believers will still hold whatever happens and as soon as the market recovers we will be rewarded.

robro

newbie

Activity: 106

Merit: 0

Quote from: warning_btc on December 10, 2018, 02:09:55 AM

Exiting scammers at this moment is good, but they join us so easy how they exit now.
I think for now is time to create new technics to exclude scammers

I think it will be extremely difficult to exclude scammers all together. One simple solution is for people to engage more with the technology. It's hard for scammers to actually present some tech.

brixbounty

jr. member

Activity: 112

Merit: 1

Investors have long become smarter and carefully choose projects, now whole teams are working on it. This year, only 4% of the ICO collected soft cap and this suggests that only the most promising projects receive funding. This reduces the number of scams and we see that the market is becoming more developed.

Gabri

sr. member

Activity: 856

Merit: 250

Due to falling prices many ICO are unable to collect even a soft cap. Of course, a lot of garbage was eliminated, but really good projects failed. So not only the positive effect is observed from the fall.

warning_btc

member

Activity: 378

Merit: 11

Decentralized Digital Billboards

Exiting scammers at this moment is good, but they join us so easy how they exit now.
I think for now is time to create new technics to exclude scammers

No One

jr. member

Activity: 417

Merit: 1

Yes it is good that those who panic and cannot endure problem are leaving ethereum just due to the coin going down in prices. Prices of ethereum dipping have also positive opportunity to welcome new investors. I think that ethereum is good and promising coin, and it will reach the moon once the market corrects itself.

alexsoul

jr. member

Activity: 182

Merit: 1

”Decentralized Digital Billboards”

I agree with you and in everything you need to look for the pros. I am sure that the projects that are successful now, despite the bear market, will achieve a lot in the future, because they have been tested and gained the trust of investors and the community. The development of blockchain technology and the final product should always be in the first place.

robro

newbie

Activity: 106

Merit: 0

Quote from: vigos on December 09, 2018, 04:59:17 AM

I tend to agree that Ethereum is no longer a good altcoin, it is approaching those shitcoins, which is very unfortunate. I used to be optimistic about Ethereum because I think Ethereum can bring changes to the entire crypto industry, but now It seems that this has not happened, I am very disappointed.

What do you think about Serenity's upgrade?

robro

newbie

Activity: 106

Merit: 0

Quote from: jacafbiz on December 08, 2018, 08:22:21 AM

It is good to point out that bad projects would be wiped out what about good projects that we lose out because of their bad management of their treasury, not because the projects is bad but because they are stupid enough to hold all their funds in crypto as most people preached HODL and the whole project suffers, the disturbing thing now is that why do ICOs has for $50 million when we have seen now after the crash that they can do with $5 million

Good point there - Too many ICO raised ridiculous amount of money.

valek.bruno

full member

Activity: 728

Merit: 104

Quote from: karmapala on December 08, 2018, 10:37:59 PM

I agree with your opinion, and I think the decline in eth prices provides a good opportunity for beginner investors to get eth coins. Because they can reach to buy eth coins with just the low capital so that it does not demand this possibility, it will increase interest investor against eth.

I see that ETH actually brings only the most profit. I am sure that on the contrary, investors need to start investing in ETH because this project will be a good investment and this will be right today.

KOF97

member

Activity: 359

Merit: 10

Fast, Smart, Trustworthy

For me, I am only worried about one problem. Due to the large sales in the market and the decline in the ICO market, the price of Ethereum will drop because most of the altcoins I hold come from ERC-20.

vigos

member

Activity: 260

Merit: 10

Fast, Smart, Trustworthy

I tend to agree that Ethereum is no longer a good altcoin, it is approaching those shitcoins, which is very unfortunate. I used to be optimistic about Ethereum because I think Ethereum can bring changes to the entire crypto industry, but now It seems that this has not happened, I am very disappointed.

sjbi

member

Activity: 770

Merit: 14

www.thegeomadao.com

Coins only going down in prices do not always determine their value. There maybe many factors behind even a good and promising coins decreasing in prices. One of the factors is volatility of cryptocurrency. All coins have gone down in prices and ethereum is not exception. Ethereum falling dramatically in prices is only temporarily. I think, the coin is best and promising coin. Its team and technology are good. It is falling in prices only to rise again and become more stronger.

DarkTrix

sr. member

Activity: 532

Merit: 250

Keep - The privacy layer for Ethereum

The price is good. I would have money I would buy Wink

Kryten12

member

Activity: 448

Merit: 15

TREEBLOCK

I don't think there are any positive effects in Ethereum going down, unless you are hoping to buy in at the low and wait for it to rise again. Projects that raised funds through ICO are now struggling to progress on meagre funds which helps noone.

sheynlee18

copper member

Activity: 266

Merit: 9

Kill E'm With Kindness

If there will be a strict protocol that will regulate ICO with a strict requirements for the investors to be sure with its investment.. Maybe its the government or ICO investing sites that will required to do it the importance is that if the ICO that will be live in 2019 should be filtered by different agencies that can assure investors that it is so legit... This will surely give a good price in ETH and BTC.. ^_^ Yes everybody says that everyone just want to recieve money but there are people like me that wants to recieve money but also has a standard price that can pay the efforts that we have been done.. Like me I have been a hunter for almost a year already but all I saved was 2 eth and holding this till it be 1k USD so it can pay all my efforts for a whole year... but right now its so down that it could really go down until 50$.. T_T

Whaletale

copper member

Activity: 154

Merit: 0

CurioInvest [IEO Live]

The fall should not be this worry some for real crypto man , very coin drop as we are in bear market and since then many are having so much talk on why low , why dip and all sort , which to me is a necessity to gain momentum and surpass the current high .

NynaHoney

member

Activity: 378

Merit: 10

indeed there is an effect of decreasing ethereum's own prices for example many people have the opportunity to buy coins which are being priced cheaply and they can also buy others but, in my opinion, will be more popular than positively lower eth prices.

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