Topic: Ethereum just crashed 10% in 3 hours - page 19. (Read 4063 times)
I think the big investors are trying to put some sort of panic into people to make them sell. These investors are only being smart in a way to harness every eth that will be available by causing eth value to drop drastically.
I don't think there is any new reason to what is widely known in cryptocurrency community. Bitcoin is rising and when bitcoin rise other altcoin usually will fall. Investors like to move their funds around. A lots of people are doing this right now moving from alt to bitcoin!
It seems to me that the market has changed and there is no such rule that if the price of bitcoin falls - the price of altcoins rises, and vice versa. One can not deny the fact that the dominance of bitcoin is huge, but when its price grows, the whole market also grows. Personally, my opinion.
actually, I don't know why eth prices have drastically decreased in price, whether the issue of market manipulation actually occurs or not, but strangely enough when the price of btc rises, altcoin prices including eth will also rise, but yesterday when the price of btc it is experiencing an increase, but eth did not experience a price increase, whereas currently the BTC has experienced a decline in eth prices and has also decreased prices.
I don't think there is any new reason to what is widely known in cryptocurrency community. Bitcoin is rising and when bitcoin rise other altcoin usually will fall. Investors like to move their funds around. A lots of people are doing this right now moving from alt to bitcoin!
Anyone know the reason of it?
Re-correction occurs in bitcoin, this is the most logical reason. because almost all altcoins dropped by more than 5%. You can learn and analyze the market.
Goldmann sacchs cancelled the development of their Bitcoin trading platform, which somehow lead to a fucking 20% market crash... Really. How the hell does one platform crash an entire market by 20%? This is why as soon as Bitcoin gets above $7,000 again I'm going to get the hell out of my holdings, it's ridiculous. The market is unbelievably sensitive to bad news right now, when one tiny piece of news like this can literally knock $35B off the market cap, you know something isn't right.
I think everything is broken into trash, the violas are lower and lower. Falls to the bottom guys, the campaign it's time to go in Fiat and wait
Anyone know the reason of it?
this is a crypto market that is hard to guess, up or down is difficult to predict and always surpasses everyone's expectations. than you are busy thinking about this, you better focus on your work and investment plan.
There is no particular reason on this. up and down the price of crypto is usual in the market that even included in the ethereum too. live how the strategies used to keep could earn profit from it is even when the value goes down though. so no need to panic in this too and not too easy to pull off in a cheap price.
i thought not just ETH, all crypto price going down today right?
Ethereum crashed because the whole market dumped again yesterday. went high for a few days and dumped just after. currently around 224 dollars and i hope eth does'nt fall below that as i fear it wont recover. This year has really been a trying year for cryptocurrency in general. Lets see how it ends though and not give up all hope.
Anyone know the reason of it?
this is a crypto market that is hard to guess, up or down is difficult to predict and always surpasses everyone's expectations. than you are busy thinking about this, you better focus on your work and investment plan.
I read a news on cointelegraph saying that this drop has happened after a big withdrawal from the silk road wallet. But I didn't get the news completely. I mean I can't understand because I have no knowledge about what is silk road. Anyway. what I all know is yesterday we had a very big price drop.
Not only has Ethereum fallen so much in a short period of time. All the top coins have lost their value . I think that the main reason is the elimination of long positions in the market in a short period of time.
I think it is just part of what the market face at times there is always a bearish and bullish moment in the market ..
i think the price of ETH has been largely affected lately by so many ICOs, i hope it gets back up soon
Anyone know the reason of it?
Too many fake rumors about eth is a scam i guess
It perhaps got affected by the price of BTC that are dropping.
Just as usual when the price of BTC is dropping, any other cryptocurrency also following to drop on their price.
Just as usual when the price of BTC is dropping, any other cryptocurrency also following to drop on their price.
This is the usual thing that happens on all coins. No need to worry, because with the decline will be followed by the increase. If indeed the ethereum down, then surely soon will be up.
It is hard to predict why the pressure of ethereum is falling too many people have trouble with it because of the price of the market.
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