Ethereum is the cause of the dump on the market.

bdc2343

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Quote from: elcoblast on December 19, 2018, 01:00:54 PM

i don't care althought ethereum are dumped in market, i'll bought more and more Ethereum as i can in market, so sell your Ethereum now, i bought in cheap price for your Ethereum hahaha

This is also what I want to ask, why are so many stupid people selling their coin cheap? And most people say that I'm afraid and in the future they will continue to decline and disappear. But I agree that it lives forever, I just listen but do not believe Grin

dmcx

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Quote from: KOF97 on December 20, 2018, 03:10:28 AM

You are right, because more than 70% of tokens in the crypto market come from Ethereum. When traders start selling tokens, the price of Ethereum will drop sharply.

I do not think so, this fall may be due to bitcoin, Ethereum simply coincide at that time was like that. The fall in price of bitcoin fell sharply, followed by eth and other altcoins Huh

Ridwan Fauzi

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Why don't you blame Bitcoin because the forerunner to the market cryptocurrency is bitcoin? Each market has its own investors, be it whales or people who have had investments in ethereum for a long time. The decline in the altcoin market is due to the market conditions itself, although a regulation from various parties has also helped reduce prices. So, this time is not the time for us to blame each other, all we need to do is make cryptocurrency even better, remove bad image that is in cryptocurrency so that every new person who comes to invest in them is convinced that cryptocurrency will give them profits.

khufuking

sr. member

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That is totally not true, why you put the blame on Ethereum! If Ethereum was not there we would still see ICO run and collect BTC, LTC, and other coins, Ethereum for sure helped in making ICO a trending thing but you can't really blame technology on something it misses used with, Ethereum offered something and a lot of scammers used it in the wrong way does not make it Ethereum fault.

Ociwiw

jr. member

Activity: 378

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All ICOs that are built on the Ethereum platform, if they can make a dump, then most likely it will only affect this coin, and not the entire market!

Iykecollinz

copper member

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Though there is no scientific proof to this but it appears to have some element of truth in it. Throughout the bear season, Etherium never had any major reversal just like so many other altcoins including btc. And the current price level is the main reason why some ICO's are finding it to reach their soft cap while the hard cap is a far cry. This was also found on some other token based coins such as waves and Neo.

Crypt0BHunter

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In my humble opinion Etherium is a victim of the bear dumping market, with all of those ICOs projects which have sold of their etherium in deep

ellensmith025

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Previously, it was possible, but not with the current realities. In November, the ico collection collected only $ 65 million, this amount is not capable of affecting the fall in eth value. This platform has a lot of problems that affect the value of the coin. I hope the upcoming update will solve most of the problems.

sirengutou

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Fast, Smart, Trustworthy

I do not think so. Instead, I think market dumping is caused by sharks and scams because they hold a lot of crypto, and when they choose to sell, the price of crypto will drop dramatically.

DeltaX

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Quote from: Golstrim on December 20, 2018, 04:47:24 AM

Don't blame on ethereum,man! For sure, market has dumped , but you know, it means nothing! BTC was dumped as well and multiple ICOs isn't a reason for market decline!

Yeah there's so many factors out there that make the dumping into realization and ETH is one of them but can't entirely put all the blame to ETH, yes the ICO fund raising might trigger more market dumping when people are withdrawing the money but there's another coin that could have the same big impact aswell.

1cak

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we cannot fully blame ethereum because many fake projects use their contract smart platform, ethereum has bought a platform that is very useful for industrial needs, but many are misused to make scam ico

batang_bitcoin

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Blame the ICOs but not ethereum.

These ICO tokens has their own developers and its not the ethereum itself who's been causing the market to dump. Anyway, looking at the market situation today, looks like everything is starting to stabilize and looking good again.

Golstrim

sr. member

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Margin Trader

Don't blame on ethereum,man! For sure, market has dumped , but you know, it means nothing! BTC was dumped as well and multiple ICOs isn't a reason for market decline!

Bharathi13

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The Standard Protocol - Solving Inflation

I don't agree with you, you cant blame ethereum for everything, actually investors are responsible who dont check credibility of the ICOs such team, Working product, Revenue generation, partnership etc. Ethereum is decentralised blockchain infrastructure platform which can be used by any one without restriction & one of the most adopted blockchain infrastructure for the upcoming projects due to its easy to use quality. Some dishonest peoples took advantage of easy to use ethereum blockchain to raise the funds & later dump it along with their shitty tokens.

kincit88

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The reason why ethereum price falling ~> ICOs are half dead. The SEC has been killing them. But the SEC is simply accelerating the inevitable, as most icos were either scams or money grabs. The tech maybe improving, but at the moment there is no demand for the tech regardless.

KOF97

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Fast, Smart, Trustworthy

You are right, because more than 70% of tokens in the crypto market come from Ethereum. When traders start selling tokens, the price of Ethereum will drop sharply.

TBboys

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Fast, Smart, Trustworthy

You can't blame the market for dumping on Ethereum, which just means that Ethereum is so powerful that 90% of altcoins are ECR20 tokens. When ICO was the most brilliant, people regarded Ethereum as a god and always talked about whether Ethereum could transcend Bitcoin. And when these projects fail, they blame Ethereum for their responsibilities. This is unfair.

Indrawan77

hero member

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I quite agree with your statements, but you can't blame everything on the eth, the one that need to be fix is the ICO that keep on appearing with the intention of ruining the market, bitcoin cash also contribute to the dump of the market, and from the beginning of the year the price already enter a huge correction, so the market is already in bad situation from the first place

Ria Sakurai

jr. member

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I don't agree with your argument. Ethereum blockchain is good so many projects launch their tokens on it, this shows the high usage of Ethereum blockchain, confirm that it's good. If they didn't launch on other blockchains, Stellar, EOS, Waves. Ethereum is not the reason of market dump.

babsjoe

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Cryptocurrency market dump has everything to do with bearish market. This is undeniable fact that bear market is part of market circle and every now and then correction happens to over enthusiastic market which could lead ti a prolong bear marker as we have seen since the beginning of this year. I believe bull market is coming and when it comes, you should be ready!

Topic: Ethereum is the cause of the dump on the market. (Read 845 times)