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Topic: Ethereum just crashed 10% in 3 hours - page 18. (Read 4063 times)

full member
Activity: 434
Merit: 103
September 06, 2018, 07:22:57 AM
#92
Anyone know the reason of it?

The crash of yesterday the 5th of September didn't only affect ethereum but the entire cryptocurrency market was affected even bitcoin crashed greatly .   
Yeah absolutely not only Ethereum was affected by big dump last September 5 but also bitcoin as will Bitcoin 13% setback is so devastating, since start to climb to the 7k and it is gradually increasing.
That`s happen since ever, longer before I joined, in years I`m here and probably we will not see the end of fluctuations in upcoming years. 10% two years ago was 20$-30$ for bitcoin, for other alts it was much lower, now when price of bitcoin is 7,000$ dollars 10% is 700$. It sounds a lot, but thats what it is, just more soundly. People shouldn`t worry about fluctuations, use them in your advantage if you are a trader, if you are long term holder try to not watch the prices at all. I know it`s hard, but you need to try that.
Thank you for the advice. Nice to hear clear thoughts from experienced people. I'm going to delete blockfolio.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
September 06, 2018, 07:13:14 AM
#91
Anyone know the reason of it?

The crash of yesterday the 5th of September didn't only affect ethereum but the entire cryptocurrency market was affected even bitcoin crashed greatly .   
Yeah absolutely not only Ethereum was affected by big dump last September 5 but also bitcoin as will Bitcoin 13% setback is so devastating, since start to climb to the 7k and it is gradually increasing.
That`s happen since ever, longer before I joined, in years I`m here and probably we will not see the end of fluctuations in upcoming years. 10% two years ago was 20$-30$ for bitcoin, for other alts it was much lower, now when price of bitcoin is 7,000$ dollars 10% is 700$. It sounds a lot, but thats what it is, just more soundly. People shouldn`t worry about fluctuations, use them in your advantage if you are a trader, if you are long term holder try to not watch the prices at all. I know it`s hard, but you need to try that.
hero member
Activity: 1036
Merit: 500
September 06, 2018, 07:07:50 AM
#90
Anyone know the reason of it?

The crash of yesterday the 5th of September didn't only affect ethereum but the entire cryptocurrency market was affected even bitcoin crashed greatly .  
Yeah absolutely not only Ethereum was affected by big dump last September 5 but also bitcoin as will Bitcoin 13% setback is so devastating, since start to climb to the 7k and it is gradually increasing.
full member
Activity: 420
Merit: 101
September 06, 2018, 07:00:48 AM
#89
Anyone know the reason of it?

The crash of yesterday the 5th of September didn't only affect ethereum but the entire cryptocurrency market was affected even bitcoin crashed greatly .   And manipulation of the  market might  be the reason for the sudden crash.
member
Activity: 360
Merit: 12
September 06, 2018, 06:58:03 AM
#88
The market may be re-ranked because of the decline of Ethereum. Ethereum will lose its second position. I think that BCH or XRP may replace Ethereum. I am glad that most of my Ethereum has been sold.
member
Activity: 924
Merit: 15
September 06, 2018, 06:56:24 AM
#87
No one knows what's wrong with the blockchain, but eth's back-to-back declines have been very disappointing to me. I don't have the courage to look at the price now, I plan to look at the price two years from now.

don't wait that much. You´ll probably see 0 on your account.
newbie
Activity: 103
Merit: 0
September 06, 2018, 06:56:20 AM
#86
I think this is not the last drop of the ethereum. I'm waiting for a price of 150-200 dollars. A litecoin for 30-40 dollars
newbie
Activity: 168
Merit: 0
September 06, 2018, 06:53:59 AM
#85
No one knows what's wrong with the blockchain, but eth's back-to-back declines have been very disappointing to me. I don't have the courage to look at the price now, I plan to look at the price two years from now.
sr. member
Activity: 2254
Merit: 309
SOL.BIOKRIPT.COM
September 06, 2018, 06:51:01 AM
#84
Anyone know the reason of it?

not only for ethereum, almost all crypto decreased by more than 10%. I think the correction happened again, the same pattern that occurred in the previous few months. this is why I said before that the market will need time to grow stable.
newbie
Activity: 78
Merit: 0
September 06, 2018, 06:49:53 AM
#83
Anyone know the reason of it?
This is the bad times for us Ethereum Hodlers im losing heavy since im bought my Ethers at $600 dollars and some of $425 level  still im holding it and I have no plan to sell it since because if i sell it im going to coup a huge losses sometimes im losing faith on Ethereum. I feel that there is dumping all the time.
sr. member
Activity: 714
Merit: 260
September 06, 2018, 06:48:06 AM
#82
Anyone know the reason of it?

If you want to have an answer on why ethereum crashed by 10% in three hours,then there must be another answer for why bitcoin and altcoins drops the same or much bigger compared to this top two coin,sometimes we only need little brain to find answer for our questions,the prices drops all not only ethereum so why bother only for that single coin and not to all cryptocurrency?Or i guess i know the answe,that coin js your investment thats why you are more concern than others
member
Activity: 266
Merit: 26
September 06, 2018, 06:43:48 AM
#81
Since i think that the last big drop to 250$ was because some ICOs got scared and panic sold their funds, I think that the same is happening here from range 250 to 218 some more  projects are getting cold feet.
It is possible that more of this will happen, it means that it will be very extremely to get back on uptrend since i doubt that these icos will buy back.

full member
Activity: 1274
Merit: 100
September 06, 2018, 06:40:15 AM
#80
Not only ethereum Bitcoin and all other altcoins were also go down, Altcoins works on predictions and prediction base on bad or good news.
sr. member
Activity: 1313
Merit: 278
September 06, 2018, 06:35:17 AM
#79
And it seems that nothing can stop the Ethereum from further falling. If bitcoin reaches 5800, the price of the Etherium will drop to $ 180.
member
Activity: 924
Merit: 15
September 06, 2018, 06:35:00 AM
#78
can i ask you all a question???

if the technology behind crypto is so valuable, can you tell me why it has lost 85%?? If you think this technology will change the world, wouldn't you hold your position on the technology no matter what problems it would face???

The answer is clear: investors DON'T SEE CRYPTO AS A SOLUTION TO ANYTHING BUT WINNING MONEY. That's why whenever there is a problem, NOT EVEN RELATED TO THE TECHNOLOGY, a technological asset loses value.

Bears are BETTING ALL THEIR MONEY TO CRASH THE COINS, BECAUSE THEY WIN MONEY BY BETTING IT WILL LOSE MONEY.
member
Activity: 317
Merit: 10
September 06, 2018, 06:23:50 AM
#77
It is not only ethereum that affected by this fall, even bitcoin and other altcoin are also sharing part of this market condition but as I see it ethereum has been majorly affected but ethereum is a very good coin just going through some hard time and I hope it come out of it as soon as possible.
full member
Activity: 420
Merit: 102
September 06, 2018, 06:14:37 AM
#76
Anyone know the reason of it?
This is not the first drop. It has already dropped a lot of times, though it showed signs of recovery earlier this week when it got to $289 and I thought it would continue to go from there, but just few hours today it’s already down to $257, but I’m not really worried about it, even Bitcoin itself dropped down from $7k plus and down to $6k,plus. Let me see by the end of this week to see what happens.
hero member
Activity: 1834
Merit: 523
September 06, 2018, 03:32:58 AM
#75
Ethereum crash the value because they depends to the bitcoin price.  If we want to see ethereum to pump again we need to buy more ether. Because if most people continue to sell their ethereum it will decreased the value.
ukw
sr. member
Activity: 616
Merit: 250
September 06, 2018, 03:25:24 AM
#74
Anyone know the reason of it?

Not only Ethereum, it has fallen by -20% for the past 24 hours, and BTC has fallen by -12% up to now. The whole market is experiencing a huge decline, but I personally can not see a specific reason. Nowhere have I read anything specific that could lead to such a sharp downturn.
newbie
Activity: 101
Merit: 0
September 06, 2018, 03:21:53 AM
#73
Yes, I also paid attention to the price, which fell by 11%. The price of Ethereum rose for many days. It fell to the bottom in a moment. I think it was a big investor who deliberately operated.
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