People are blaming whoever they can for the fall of ETH but honestly, I feel that ICOs are the one to blame here. After dumping massive amount of ETH on to the market the liquidity of ETH was massively affected and that is why it has been seeing constant drop during the bearish market.
Topic: Ethereum (ETH) Continues To Underperform - page 2. (Read 283 times)
Well that is some theory 
Nobody really knows but it could be true though that EOS have been liquidating a lot of eth they got from the ICO.
Nobody really knows but it could be true though that EOS have been liquidating a lot of eth they got from the ICO.
There were transactions posted in an article 3 or maybe 4 months ago that showed Ethereum wallets, controlled by the EOS development team, were sending ETH to Bitfinex. Also the price has been going down since those ETH were sent.
It might only be coincedence but it would be also stupid not to speculate that the EOS development team is not dumping ETH. Also what would their next step be after dumping all their ETH and now holding USDT and bitcoins? Pump EOS, I reckon.
I offer a 3rd theory.
EOS, which has massed $4 billion from their year long ICO, are liquidating their ETH to buy USDT and bitcoins, which also causes the USDT issuer to issue more because of high demand. In time once all the ETH the EOS team is holding have been liquidated, they will move to step 2. Pump EOS from the billions in USDT and bitcoin they control and make EOS the 2nd most valuable cryptocoin.
Where can I download an easy to use EOS wallet? hehehehe.
Ethereum’s dismal performance has led some to ask what is causing such a drastic sell-off. At the time of writing, there currently are two primary theories that attempt to explain why the price of Ether is tumbling.
First, the introduction of a new BitMEX ETH perpetual swap contract, which allowed traders to short the price of ETH with up to 100x leverage in a similar manner to the XBT (BTC) BitMEX contract. As pointed out by Cryptoeazy on Twitter, since the arrival of the perpetual contract in early August, the price of Ether has fallen by 57%.
Although this hasn’t been confirmed, this statistic has led some to speculate that the arrival of the contract allowed pessimistic traders to weigh down on the price of ETH. Twitter user CryptoBat wrote: “Bitmex is the worst thing that has happened to ETH.”
Secondly but not least is the ICO sell-off factor, with many claiming that projects have begun to liquidate their war chests, which are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH. As per data from Santiment, a foremost crypto analytics provider, projects have spent over 100,000 ETH in the past week, likely selling their holdings on exchanges en-masse, logically leading to a market drop like the one seen this week.
Read in full https://ethereumworldnews.com/ethereum-continues-underperform/
EOS, which has massed $4 billion from their year long ICO, are liquidating their ETH to buy USDT and bitcoins, which also causes the USDT issuer to issue more because of high demand. In time once all the ETH the EOS team is holding have been liquidated, they will move to step 2. Pump EOS from the billions in USDT and bitcoin they control and make EOS the 2nd most valuable cryptocoin.
Where can I download an easy to use EOS wallet? hehehehe.
Ethereum’s dismal performance has led some to ask what is causing such a drastic sell-off. At the time of writing, there currently are two primary theories that attempt to explain why the price of Ether is tumbling.
First, the introduction of a new BitMEX ETH perpetual swap contract, which allowed traders to short the price of ETH with up to 100x leverage in a similar manner to the XBT (BTC) BitMEX contract. As pointed out by Cryptoeazy on Twitter, since the arrival of the perpetual contract in early August, the price of Ether has fallen by 57%.
Although this hasn’t been confirmed, this statistic has led some to speculate that the arrival of the contract allowed pessimistic traders to weigh down on the price of ETH. Twitter user CryptoBat wrote: “Bitmex is the worst thing that has happened to ETH.”
Secondly but not least is the ICO sell-off factor, with many claiming that projects have begun to liquidate their war chests, which are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH. As per data from Santiment, a foremost crypto analytics provider, projects have spent over 100,000 ETH in the past week, likely selling their holdings on exchanges en-masse, logically leading to a market drop like the one seen this week.
Read in full https://ethereumworldnews.com/ethereum-continues-underperform/
This is a very wonderful information you have provided here, the latest information about EOS liquidation is very incredible, I think most of the investors are migrating to the EOS blockchain for that reason.
Well that is some theory
Nobody really knows but it could be true though that EOS have been liquidating a lot of eth they got from the ICO.
Nobody really knows but it could be true though that EOS have been liquidating a lot of eth they got from the ICO.
I don't really understand the theory first. for the second theory, I can understand it as ico whales who sell all tokens to fiat and make eth markets worse. but are you for bounty hunter to forever destroy your token and wait for instructions from the vitalik to sell? certainly not. we always have each choice to sell tokens. I also know that it's not good for etherum in the market and until now.
maybe because of the demands about ethereum that has been so much and makes it price go down and continues to decrease its price. But its good to invest in ethereum, most investors buy more ethereum for future investments.
Despite on the ETH's problem it is still trying to be on the top and I think that it can do it. Price could be restored and its chances for the future increasing are promisin as well.
I offer a 3rd theory.
EOS, which has massed $4 billion from their year long ICO, are liquidating their ETH to buy USDT and bitcoins, which also causes the USDT issuer to issue more because of high demand. In time once all the ETH the EOS team is holding have been liquidated, they will move to step 2. Pump EOS from the billions in USDT and bitcoin they control and make EOS the 2nd most valuable cryptocoin.
Where can I download an easy to use EOS wallet? hehehehe.
Ethereum’s dismal performance has led some to ask what is causing such a drastic sell-off. At the time of writing, there currently are two primary theories that attempt to explain why the price of Ether is tumbling.
First, the introduction of a new BitMEX ETH perpetual swap contract, which allowed traders to short the price of ETH with up to 100x leverage in a similar manner to the XBT (BTC) BitMEX contract. As pointed out by Cryptoeazy on Twitter, since the arrival of the perpetual contract in early August, the price of Ether has fallen by 57%.
Although this hasn’t been confirmed, this statistic has led some to speculate that the arrival of the contract allowed pessimistic traders to weigh down on the price of ETH. Twitter user CryptoBat wrote: “Bitmex is the worst thing that has happened to ETH.”
Secondly but not least is the ICO sell-off factor, with many claiming that projects have begun to liquidate their war chests, which are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH. As per data from Santiment, a foremost crypto analytics provider, projects have spent over 100,000 ETH in the past week, likely selling their holdings on exchanges en-masse, logically leading to a market drop like the one seen this week.
Read in full https://ethereumworldnews.com/ethereum-continues-underperform/
I have seen so many bad words about this one, even the team is lack of communication with the community about how they can create the wallet on EOS network. EOS has sold 1.5 millions ethereum in total. I'm looking for that too. EOS, which has massed $4 billion from their year long ICO, are liquidating their ETH to buy USDT and bitcoins, which also causes the USDT issuer to issue more because of high demand. In time once all the ETH the EOS team is holding have been liquidated, they will move to step 2. Pump EOS from the billions in USDT and bitcoin they control and make EOS the 2nd most valuable cryptocoin.
Where can I download an easy to use EOS wallet? hehehehe.
Ethereum’s dismal performance has led some to ask what is causing such a drastic sell-off. At the time of writing, there currently are two primary theories that attempt to explain why the price of Ether is tumbling.
First, the introduction of a new BitMEX ETH perpetual swap contract, which allowed traders to short the price of ETH with up to 100x leverage in a similar manner to the XBT (BTC) BitMEX contract. As pointed out by Cryptoeazy on Twitter, since the arrival of the perpetual contract in early August, the price of Ether has fallen by 57%.
Although this hasn’t been confirmed, this statistic has led some to speculate that the arrival of the contract allowed pessimistic traders to weigh down on the price of ETH. Twitter user CryptoBat wrote: “Bitmex is the worst thing that has happened to ETH.”
Secondly but not least is the ICO sell-off factor, with many claiming that projects have begun to liquidate their war chests, which are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH. As per data from Santiment, a foremost crypto analytics provider, projects have spent over 100,000 ETH in the past week, likely selling their holdings on exchanges en-masse, logically leading to a market drop like the one seen this week.
Read in full https://ethereumworldnews.com/ethereum-continues-underperform/
I still feel so difficult to create wallet in EOS.
Can EOS beat the bitcoin trend domination?
read latest news about how SEC has been issuing another bad news.
I offer a 3rd theory.
EOS, which has massed $4 billion from their year long ICO, are liquidating their ETH to buy USDT and bitcoins, which also causes the USDT issuer to issue more because of high demand. In time once all the ETH the EOS team is holding have been liquidated, they will move to step 2. Pump EOS from the billions in USDT and bitcoin they control and make EOS the 2nd most valuable cryptocoin.
Where can I download an easy to use EOS wallet? hehehehe.
Ethereum’s dismal performance has led some to ask what is causing such a drastic sell-off. At the time of writing, there currently are two primary theories that attempt to explain why the price of Ether is tumbling.
First, the introduction of a new BitMEX ETH perpetual swap contract, which allowed traders to short the price of ETH with up to 100x leverage in a similar manner to the XBT (BTC) BitMEX contract. As pointed out by Cryptoeazy on Twitter, since the arrival of the perpetual contract in early August, the price of Ether has fallen by 57%.
Although this hasn’t been confirmed, this statistic has led some to speculate that the arrival of the contract allowed pessimistic traders to weigh down on the price of ETH. Twitter user CryptoBat wrote: “Bitmex is the worst thing that has happened to ETH.”
Secondly but not least is the ICO sell-off factor, with many claiming that projects have begun to liquidate their war chests, which are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH. As per data from Santiment, a foremost crypto analytics provider, projects have spent over 100,000 ETH in the past week, likely selling their holdings on exchanges en-masse, logically leading to a market drop like the one seen this week.
Read in full https://ethereumworldnews.com/ethereum-continues-underperform/
EOS, which has massed $4 billion from their year long ICO, are liquidating their ETH to buy USDT and bitcoins, which also causes the USDT issuer to issue more because of high demand. In time once all the ETH the EOS team is holding have been liquidated, they will move to step 2. Pump EOS from the billions in USDT and bitcoin they control and make EOS the 2nd most valuable cryptocoin.
Where can I download an easy to use EOS wallet? hehehehe.
Ethereum’s dismal performance has led some to ask what is causing such a drastic sell-off. At the time of writing, there currently are two primary theories that attempt to explain why the price of Ether is tumbling.
First, the introduction of a new BitMEX ETH perpetual swap contract, which allowed traders to short the price of ETH with up to 100x leverage in a similar manner to the XBT (BTC) BitMEX contract. As pointed out by Cryptoeazy on Twitter, since the arrival of the perpetual contract in early August, the price of Ether has fallen by 57%.
Although this hasn’t been confirmed, this statistic has led some to speculate that the arrival of the contract allowed pessimistic traders to weigh down on the price of ETH. Twitter user CryptoBat wrote: “Bitmex is the worst thing that has happened to ETH.”
Secondly but not least is the ICO sell-off factor, with many claiming that projects have begun to liquidate their war chests, which are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH. As per data from Santiment, a foremost crypto analytics provider, projects have spent over 100,000 ETH in the past week, likely selling their holdings on exchanges en-masse, logically leading to a market drop like the one seen this week.
Read in full https://ethereumworldnews.com/ethereum-continues-underperform/
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