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Topic: Ethereum Crash To 31$ (Read 2711 times)

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 20, 2017, 12:20:35 PM
#22
Lost ETH After Dao hack, lost eth after whale pumps, lost eth recently after pump to 51$ and crash to 31$.
Seems like ETH is most manipulated crypto. I like the idea of ETH but i think it's top 1 crypto for whale pumps and dumps.

I just want more people to think about it before investing in ethereum, because it's better to invest in other altcoins than lost money in whale scams.



it's very hard for etheruem to crash to $31 now the value look very solid and strong, and all other coins are pumped as well, why should etheruem crash and not other? better advice is to not invest in clone of clone like ETC and zcashclassic, those are bad investment and only pump and dump
full member
Activity: 138
Merit: 101
March 20, 2017, 12:07:06 PM
#21
It was hardly a crash mate... yes it was a correction, these are normal as whales would like to cash out time to time... be smart and keep your eth, and buy more when corrections occur.

The ethereum universe and dapp development is still in baby stage, on a longer time scale... In my opinion ethereum will become huge and eth's very valuable in the coming years...

The online computer is different from a coin like btc or dash... it is the future of computing.

If you want to diversify in this, check out Expanse.. it is also coming up
hero member
Activity: 1470
Merit: 655
March 20, 2017, 10:14:12 AM
#20
because eth is scam. Real ethereum is ETC!

Are you sure about this ETH is scam it looking you have bag of ETC. But I don't ETC will rise like ETH.

using the word scam about altcoins is meaningless and even stupid in some cases. i think you can only call it scam if there is something shady with the code or the wallet.

ETH, ETC, .... are just pump and dump manipulated coins. it is pretty simple really. try to take advantage of it.
buy them when whales are accumulating or even before them and then dump before they even start instead of getting dumped on, take the profit and run back to safety and watch the price fall from afar and enjoy the show.
or even if it went a little higher you still got your huge pump profit and got out, that is a big win. and the dump is not avoidable.
sr. member
Activity: 896
Merit: 251
March 20, 2017, 10:03:11 AM
#19
because eth is scam. Real ethereum is ETC!

Are you sure about this ETH is scam it looking you have bag of ETC. But I don't ETC will rise like ETH.
hero member
Activity: 1470
Merit: 655
March 20, 2017, 09:59:52 AM
#18
i think only good trader can get momentum and buy in low price
youre write ethreum down until 31 dollar, in  today ethreum incraese again over 40 dollar

is bad trader if every down price is panic selling , and selling all balance without analys

i don't know if we can exactly call this situation this term but it can be an example of a dead cat bounce.

in this situation, what happens is that those who bought cheap are now exiting and making the price crash. so when they sell price goes down because now there is more supply. but there are still more people who wanted to come in because of the rise and they are too late so they see a dip and they start buying and price comes back up a little.
again more traders exit and price goes down again. and this time more, and this keeps happening until price is back at normal levels and bubble is over.

it is like a dead cat that still has movement, it can't jump but it can spasm!
sr. member
Activity: 464
Merit: 250
March 20, 2017, 09:31:14 AM
#17
because eth is scam. Real ethereum is ETC!
hero member
Activity: 616
Merit: 501
Chainjoes.com
March 20, 2017, 04:27:56 AM
#16
i think only good trader can get momentum and buy in low price
youre write ethreum down until 31 dollar, in  today ethreum incraese again over 40 dollar

is bad trader if every down price is panic selling , and selling all balance without analys
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 20, 2017, 04:21:20 AM
#15
i no longer follow ethereum price because i got out recently on top after i got my profit.

you should always do that too. although it seems like there was another small rise in ethereum but what you should do is to buy when price is low then set a profit target for yourself. in a pumping coin like ethereum it can be a big percentage but set it to anything that you feel comfortable with an when price reaches there you dump without hesitation an dump hard Smiley

that way you get the profit you were looking for and never ever in your life regret anything anymore.

holding altcoins for too long is never going to end well
sr. member
Activity: 714
Merit: 250
March 20, 2017, 03:55:45 AM
#14
maybe you have not been lucky, I've experienced as you, lose and make hurt. but you will experience the awe of the price eth next few years, because smartcontrac on offer was amazing, and usability smartcontrac as crowdsale can add interest and attract users eth. This also had an impact on the price of eth with usd.
hero member
Activity: 518
Merit: 501
March 20, 2017, 03:39:22 AM
#13
Your mistake is that you're buying and selling at the opposite times to when you should.

Buy low(like when eth was at $7) and sell high(like 3-4 months later when it hit $50). You'd have had a 600% return on your investment.
legendary
Activity: 1918
Merit: 1003
March 20, 2017, 03:36:06 AM
#12
ETH is very promising currency at the moment and now it looking stable after little correction. Chances are so high to get new ATH in next phase so no need to be worry about this kind of changes.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
March 20, 2017, 02:57:28 AM
#11

Lost ETH After Dao hack, lost after the whale pumps eth, eth recently lost after pump and crash to $ 51 to $ 31.
I have a different perception with your assumption about the ethereum. In the world of the crypto, you might not have forgotten if the pump and dump are the usual things. I give you another example, such as the dash coin. Do not you think if that same with the ethereum coin? A lot of the pump and dump right now.

Seems like ETH is most manipulated crypto. I like the idea of ETH but i think it's the top 1 crypto for whale pumps and dumps.
Are you Determining the manipulation based on the pump and dump coin?
I just want more people to think about it before investing in ethereum, Because It's better to invest in other altcoins than money lost in scams whale.
More people are thinking about the future of ethereum before they're starting to invest on the ethereum itself.
hero member
Activity: 1666
Merit: 753
March 20, 2017, 02:24:16 AM
#10
Well this just proves help irrational people can be when it is obvious that you should sell this coin as soon as possible but others are pumping it, you join in the hype as well.
hero member
Activity: 774
Merit: 503
March 20, 2017, 02:22:09 AM
#9
I always hear about negative things about ethereum (price crash), but most of time it go the other way around and turns out to be positive.
legendary
Activity: 1358
Merit: 1014
March 19, 2017, 06:54:41 PM
#8
Lost ETH After Dao hack, lost eth after whale pumps, lost eth recently after pump to 51$ and crash to 31$.
Seems like ETH is most manipulated crypto. I like the idea of ETH but i think it's top 1 crypto for whale pumps and dumps.

I just want more people to think about it before investing in ethereum, because it's better to invest in other altcoins than lost money in whale scams.



What did you expect? ETH was going to crash as soon as BTC bottomed. It seems 944 was the bottom, now it's fighting to stay above 1000. The ETH bubble was just a side effect of the Jihan Wu crisis.

Now DASH? that is a funny. Looks like those fuckers are going to keep pumping money into the thing for as long as the hard fork fear is near BTC. If you want to gamble that is a good one.
hero member
Activity: 1098
Merit: 500
March 19, 2017, 06:52:03 PM
#7
do the opposite of what your emotions tell you to do.  Wink
legendary
Activity: 1064
Merit: 1001
March 19, 2017, 06:42:26 PM
#6
Somehow this turd has floated north of $47 again after crashing
hero member
Activity: 532
Merit: 500
March 19, 2017, 03:43:37 PM
#5
Bitfinesse and vito corleone, i know you want cheap eth. If you guys post a belly dance video on youtube and id confirmation, i'll send you 0.5 eth each.
copper member
Activity: 1050
Merit: 500
March 19, 2017, 01:59:24 PM
#4
Lost ETH After Dao hack, lost eth after whale pumps, lost eth recently after pump to 51$ and crash to 31$.
Seems like ETH is most manipulated crypto. I like the idea of ETH but i think it's top 1 crypto for whale pumps and dumps.

I just want more people to think about it before investing in ethereum, because it's better to invest in other altcoins than lost money in whale scams.



This is no news.  Ethereum had been seen several time being manipulated and being subject of pump and dump.  With the huge collection in their ICO and big percentage of developer reserve plus split of blockchain which gives the developer more fund, it is no surprise that ETH can be subject to manipulation anytime DEVs wanted to get more funds  Grin.
hero member
Activity: 1876
Merit: 512
March 19, 2017, 01:58:58 PM
#3
The crash in price is more of Bitcoin price drop than Ether, I know the market is truly manipulated and so is Bitcoin, only greedy people will lose money here
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