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Topic: Ethereum just crashed 10% in 3 hours - page 20. (Read 4063 times)

full member
Activity: 726
Merit: 100
September 05, 2018, 12:41:05 PM
#52
I was very surprised to see ethereum's movement today, I opened it still in the price range of $ 290 and a few hours later it became $ 255 and it looks like it will continue to decline when viewed from several graphs and movements
sr. member
Activity: 686
Merit: 257
September 05, 2018, 12:38:41 PM
#51
It is most probably because of Bitcoin price dipped 5%. And it is not only ETH that is affected, other altcoins’ prices dipped as well.
newbie
Activity: 54
Merit: 0
September 05, 2018, 12:04:16 PM
#50
Today's decline is very sudden, I went to read some news, there is no negative report about cryptocurrency, but the market decline is so fast, I don't know what happened, I want to know why?
hero member
Activity: 2814
Merit: 576
September 05, 2018, 11:14:48 AM
#49
Anyone know the reason of it?
We never knew exactly but isn't just ETH have a huge decline today but the entire market including btc. Such huge fall is just surprising us since we are expecting more hike as we are in the BER  months but I believe these won't take so long and be back to normal again.
hero member
Activity: 1106
Merit: 509
September 05, 2018, 11:11:23 AM
#48
ethereum is still following the Bitcoin movement, which is why when Bitcoin plunges ethereum automatically follows it because ethereum is now not strong enough to withstand the storm, but it's a chance to return to take a little profit if Bitcoin returns green.
full member
Activity: 364
Merit: 100
September 05, 2018, 11:09:01 AM
#47
Anyone know the reason of it?
I do not think anyone can say the particular reason why this happened but I am sure it is still being affected by price manipulation and also there is less demand for ethereum.
full member
Activity: 518
Merit: 145
September 05, 2018, 11:07:24 AM
#46
Welcome to the world of crypto where things happen fast and this is one of them. Actually, it is normal to see the alt market take a quick hit whenever Bitcoin retraces and that is what we are seeing so far with the alt market. Let's see how the next few hours is going to be like for the market as well as Ethereum.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
September 05, 2018, 11:06:35 AM
#45
it's not a Bitcoin dump because Bitcoin lost only 2%... I'm a little worried about this tendence ETH is going down more than other coins.

It's not just ETH, Bitcoin is down 5% now, but BCH and crap EOS is down 11%. Ethereum has been the worst investment this year, I have no idea why its crashing. I know there is some FUD surrounding the upcoming fork? It's probably crashing due to that debate. I'm not sure, The only thing I am sure about is that I should not have boughten ETH. It's funny beacuse I was only using ETH to earn more BTC but I ended up losing nearly half of the BTC I invested in ETH. Lesson learned, only hold Bitcoin.  Wink
legendary
Activity: 2436
Merit: 1207
September 05, 2018, 11:01:40 AM
#44
I wonder why topic starter make attention on Ethereum. Top10 alts like Bitcoin cash, Eos and Cardano also dropped in price in more than 10%.
That is just a reaction to bitcoin price drop imho and there is nothing wrong with ETH, BCH, EOS and ADA.
full member
Activity: 700
Merit: 100
September 05, 2018, 10:58:30 AM
#43
for now, the digital currency is still dependent on BTC and ETH, it cannot be replaced by another if BTC and ETH drop in others when they go down too and for ethereum they still follow bitcoin and if possible, each one is not dependent.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 05, 2018, 10:48:44 AM
#42
Anyone know the reason of it?

What are noob doing here in crypto?Ethereum drops its price for more than how many percent from $1,500 in January now is almost $300 does this not enough reason for you to understand that market is in dip season?Why not just shut up your mouth and take some rest ,because you are not helping here
jr. member
Activity: 252
Merit: 4
September 05, 2018, 10:41:54 AM
#41
I don't know the reason why eth had a bad day this year. This will have an impact on the ico project business and a decrease in enthusiasts to buy eth.
full member
Activity: 728
Merit: 104
September 05, 2018, 10:39:51 AM
#40
All this happens for one simple reason, because there is no news on the basis of which the bitcoin price is moving now and accordingly there is no news about ETH, that's all. That's why the price falls for this reason.
full member
Activity: 602
Merit: 100
September 05, 2018, 10:39:36 AM
#39
it's not a Bitcoin dump because Bitcoin lost only 2%... I'm a little worried about this tendence ETH is going down more than other coins.
member
Activity: 420
Merit: 13
September 05, 2018, 10:37:23 AM
#38
Anyone know the reason of it?
Why know the reason? Ethereum $ 259 today, tomorrow and maybe even lower, for example, $ 200. I heard on the street that crypto currency is very risky. But we are here because we love the risk)))
full member
Activity: 560
Merit: 100
September 05, 2018, 10:28:33 AM
#37
Anyone know the reason of it?



bitcoin is a major factor in the collapse of all the altcoins on the market. this is the strongest fact. because after all bitcoin is very binding on the market so that both growth and decline will greatly affect all crypto that has been traded.
jr. member
Activity: 98
Merit: 1
September 05, 2018, 10:27:04 AM
#36
I think it's better to buy in this situation or just look for other investments for investment if you don't believe Eth again it's just a choice.
Eth grew a little later and fell again and if new users, traders, investors see this they will feel panicked so prices continue to fall as now there is no news at all we just experienced a decline,
sr. member
Activity: 812
Merit: 250
September 05, 2018, 10:25:10 AM
#35
Many people know bad news for Ethereum or the manipulation of some people want to buy for less than $ 200.

Yes I think there are many people who want to buy ETH for cheaper price. Under 200$ would be great for them and they are trying to do just that. I keep thinking that ETH will never go down 250$ once again but today it happens and very soon we will see ETH at under 200$
jr. member
Activity: 1008
Merit: 1
September 05, 2018, 10:20:43 AM
#34
Perhaps many people began to sell their ETH and buy BTC. The other reason I can not name. And it seems to me that ETH will still fall in price several times. And he will restore his price for a long time.
legendary
Activity: 2366
Merit: 1206
September 05, 2018, 09:36:27 AM
#33

Jesus, they are all selling ETH and we thought $300 is already the bottom don't we?  Shocked

I guess they can drag the price of ETH down to $10 if they really will do it. Its not good seeing how all they can really make people go poorer than ever after they got into crypto. If someone with money sending it to altcoin will probably hang himself like the Japanese businessmen do.
What da...Hopefully will not, I saw now Ethereum deeply sink the price in the market cap with the dominance of 10.66% downtrend, it is really swinging more when the bitcoin goes down. I don't know what is the reason behind on this but one thing that comes up in my mind some whales now trying to manipulate Bitcoin price and if a panic seller will bite their trap and do panic selling surely, they have a loud laugh from those weak people.
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