[ETH] Why still fall so much | Bitcointalksearch.org

Red-Apple

hero member

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Quote from: sfa00076 on July 02, 2017, 08:22:19 AM

As I know Eth fell due to the fake news of the death of Vitalik and somehow flooded ico Huh

Is there any other reasons for recent drop and where will the price most likely to go?
The downtrends seems to be prolonging for a long time should I hold and wait?

your timings are too wrong.
that news is very old now and it didn't have any effect on price whatsoever. the first big drop was because of the first burst of the bubble that ethereum is in and also the fact that it was initiated by the bitcoin price drop.
then price did a recovery or also known as a dead cat bounce and now the bubble is continuing to burst.

you can't expect an altcoin to go up more than 1000% and not drop the same amount afterwards.

n691309

legendary

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Quote from: slackcryptoz on July 02, 2017, 08:27:19 AM

Quote from: sfa00076 on July 02, 2017, 08:22:19 AM

As I know Eth fell due to the fake news of the death of Vitalik and somehow flooded ico Huh

Is there any other reasons for recent drop and where will the price most likely to go?
The downtrends seems to be prolonging for a long time should I hold and wait?

If you feel bad of holding ethereum just invest it into some ICO after knowing about the project. This gives you a better profiting as the price of ethereum decrease is getting prolonged. I don't find any specific reason for the fall in.price, it's all the gradual moves.

But if the ICO estimates the value of their coins in fiat then it means that whatever you invest bitcoin or altcoin then it's the same (low value), but if the value of that coin is depended from ETH then it's a good opportunity to invest with a hope that etherum price will increased and you will get profit at least.

Charloz24

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Are you all here new to crypto or what? Last year ETH price climbed to 30$ (march 2016) then fell back in the 15-20$ range, and later it slipped under 10$. Everyone was claiming ETH is scam, is dead, will fall back to sub 1$ and all of those stories about Vitalik health etc popped on.

So here we are again, price climbed fast, and now people are panicking if it drop. FUDDERs paradise.

jhenfelipe

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Quote from: sfa00076 on July 02, 2017, 08:22:19 AM

As I know Eth fell due to the fake news of the death of Vitalik and somehow flooded ico Huh

Is there any other reasons for recent drop and where will the price most likely to go?
The downtrends seems to be prolonging for a long time should I hold and wait?

The news really had a great impact in the price and I don't think of any other reason for this sudden drop. In my point of view, the price can recover, if it reached a certain price before it's not impossible to reach it again in the future. The question is, do you still have the patience? If yes, then there will be no problem of holding. The decision still depends on you.

slackcryptoz

sr. member

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Quote from: sfa00076 on July 02, 2017, 08:22:19 AM

As I know Eth fell due to the fake news of the death of Vitalik and somehow flooded ico Huh

Is there any other reasons for recent drop and where will the price most likely to go?
The downtrends seems to be prolonging for a long time should I hold and wait?

If you feel bad of holding ethereum just invest it into some ICO after knowing about the project. This gives you a better profiting as the price of ethereum decrease is getting prolonged. I don't find any specific reason for the fall in.price, it's all the gradual moves.

sfa00076

newbie

Activity: 42

Merit: 0

As I know Eth fell due to the fake news of the death of Vitalik and somehow flooded ico Huh

Is there any other reasons for recent drop and where will the price most likely to go?
The downtrends seems to be prolonging for a long time should I hold and wait?

Topic: [ETH] Why still fall so much (Read 420 times)