Topic: Ethereum drastic decline - page 2. (Read 600 times)
Though I agree with you suggestion to some extent but I also believe it is affected by the rate at which investors now dump the coin due to the bear and there is no good demand for ethereum and this condition is a bit discouraging as ethereum is one of the very potential coins in crypto.
Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)
and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
He's completely wrong ! In addition to the Casino, Pyramids and so on, let not forget that the ETH platform are also great and powerful projects that have partners such as Google, Microsoft, Samsung, Apple, Electronic Arts,Ubisoft . I think that this person does not know what he says ! and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
You should move this thread to Altcoin Discussion.
All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.
It also has a lot of disadvantages where scammers can use it to create their coin and start their own ICO. Collect millions of dollars and later will just dump the coin they created through ETH.This is definitely right. Eth management should work on restriction on some people who can only used the smart contract. What I mean is they should have requirements for those who want to use their product since some abuse it by scmimg people. There's a lot of ICO that has been using the eth platform and 30% of it only are legit projects. Mostly are scammers who are indeed good in acting since they prepare very well all the necessary info to make their project sounds legit. Especially the selfdrop projects which is arising now. Lots of pump and dump shitcoin are being traded without any good product launch or working one. I hate this kind of introduction pf a project cause its purely trading profits only. The purpose of crypto is being neglected by this stuff.
Since ETH has been created, it opens a lot of opportunities wherein they can freely create smart contract as long as they know the steps. There is no regulation that limit the developers so it can't be avoided that some may take the advantage of this features. So, this is why we have to be vigilant and take some time when investing in an ICO because we already know the situation.
You should move this thread to Altcoin Discussion.
All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.
It also has a lot of disadvantages where scammers can use it to create their coin and start their own ICO. Collect millions of dollars and later will just dump the coin they created through ETH.This is definitely right. Eth management should work on restriction on some people who can only used the smart contract. What I mean is they should have requirements for those who want to use their product since some abuse it by scmimg people. There's a lot of ICO that has been using the eth platform and 30% of it only are legit projects. Mostly are scammers who are indeed good in acting since they prepare very well all the necessary info to make their project sounds legit. Especially the selfdrop projects which is arising now. Lots of pump and dump shitcoin are being traded without any good product launch or working one. I hate this kind of introduction pf a project cause its purely trading profits only. The purpose of crypto is being neglected by this stuff.
this market panic has affected eth holders to sell their assets, especially the developers competing to sell eth they got from ico. it is very sad that eth was thrown away very hard and scared many people.
because the bitcoin price continues to be bearish, the altcoin also follows it, and of course ethereum also follows it, and bitcoin domination has also 55% made the price of altcoins worse.
keep calm and hodl!
this market panic has affected eth holders to sell their assets, especially the developers competing to sell eth they got from ico. it is very sad that eth was thrown away very hard and scared many people.
Ethereum is also responsible for all the shit ICOs.
Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)
and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
Ethereum already has several scalability problems. for years. people used to think that the ETH could seriously compete with BTC, but remained outside of all the flipping that occurred.and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
I can say ethereum was damaged by his own followers. too many people suffer losses due to Ponzi schemes, gambling, and the like that use the eth platform. therefore ethereum may have to make a new innovation to restore users' trust in their platform
Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)
and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
Those might affect the value of ETH due to its scalability and prone to negativities fud. Once ETH were established again like ETH 2.0 that Vitalak might considered. This will revived the value of ETH and potential investors will flock on it.
It is not just Ethereum but most altcoins have had a drastic decline from the Jan peak. Even bitcoin has declined 70% from its last highs. It is just a big correction that may be close to ending.
altcoin is all in decline, don't be worried Ethereum is included to negative percent
Winklevoss twins just announced a stablecoin backed by USD. The Ethereum-based token is:
- Approved by NY Department of Financial Services
- Dollars held in FDIC-insured State Street account
- Audited by multiple third-parties at various times
The market continues to mature.
- Approved by NY Department of Financial Services
- Dollars held in FDIC-insured State Street account
- Audited by multiple third-parties at various times
The market continues to mature.
I don't think so. In my opinion, because of the many offers buyers buy ETH at low prices, the price of ETH falls on the market...
You are very detrimental to people and also scammers are very damaging to prices and make people lose a lot, and it is true that results.
I'm quiet surprise in the drastic fall of the market price of Ethereum. Due to this fall, a lot of ICO projects don't want to list their tokens for trading to commence. they are scared their tokens might get dumped.
Nouriel Roubini said that the decline of Ethereum was triggered by a few active decentralization applications (DApps)
and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
and the result is 80% ETH drop and fall, DApps is crypto kitties, scammy, ponzi pyramid, and casino games. so the cryptocurrency has lost its value.
This are the garbage of crypto currency, the scammed is the main reasons why the price of crypto currency in countered a massive fluctuations. Because some investor's are losing their interest to invest their money in crypto currency because they think always that crypto is a kind of scammed activity.
Ether is at $192....
Down 85% from its peak.
Textbook pump & dump
Down 85% from its peak.
Textbook pump & dump
This decline is very painful, where the average lot of people save ETH after bitcoin. If this stays like this, I am sure that the ETH will be abandoned by investors and can be even worse ...
I think that is also the reason that made ethereum go down, because the many ico scams and ponzies make people lose faith.
You should move this thread to Altcoin Discussion.
All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.
It also has a lot of disadvantages where scammers can use it to create their coin and start their own ICO. Collect millions of dollars and later will just dump the coin they created through ETH. Jump to: