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Topic: Ethereum Price drop hard, Why ? - page 4. (Read 3827 times)

sr. member
Activity: 652
Merit: 250
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December 08, 2017, 01:04:15 PM
#61
Etherneum price drop is mainly because of the immense growth of bicoin . The problem doesn't stop here , all other altcoins mainly depends upon etherneum and none of the altcoin is unaffected because of the wrath of bitcoin .
The ongoing problem of unconfirmed transactions and conjusted pool is not only in bitcoin but also in etherneum which is leading to loss of trust and eventually value.
member
Activity: 336
Merit: 15
Mining. Hosting. Cloud Mining.
December 07, 2017, 03:31:08 PM
#60
Maybe it's not just the CryptoKitties, but the fear that more games like these will clog up the entire network.
But things like CryptoKitties will come and go. And eventually problems will be solved.
member
Activity: 89
Merit: 11
December 07, 2017, 03:22:29 PM
#59

Here at the expense of falling prices for eth just do not worry the contrary, rejoice and catch it possible to buy at a cheaper price. After a small fall, there will be a big jump up, believe me!
member
Activity: 328
Merit: 10
www.daxico.com
December 07, 2017, 02:57:08 PM
#58
There is congestion on the Ethereum blockchain and they said traders shouldn't panick. After a short time, things will normalise and the price will resume it upward trend.
newbie
Activity: 22
Merit: 0
December 07, 2017, 02:50:49 PM
#57
It's down for two reasons. First is the heavy traffic on the ethereum network caused by the so-called cryptokitties. Second is the Bitcoin mooning. So even if ethereum has steady price, its value would still decrease in terms of bitcoin.
full member
Activity: 197
Merit: 190
December 07, 2017, 02:31:19 PM
#56
Certainly the network congestion is playng a factor.  Eth always seems to go down whenever any major network event like this happens.  Blame the cats!
full member
Activity: 378
Merit: 100
ApolloX
December 07, 2017, 02:08:52 PM
#55
Because bitcoin is eating all the crypto-market resources at the moment. Capitalization is limited and it's just gaining bigger % part of it. So eth falls in price.
newbie
Activity: 16
Merit: 0
December 07, 2017, 01:12:09 PM
#54
Most altcoin drops because people always dump it for bitcoin so as to  gain from it.
full member
Activity: 336
Merit: 100
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
December 07, 2017, 01:05:53 PM
#53
this is due to the viral crypto kitties that cause congestion to ethereum. all transactions are pending even you set more higher gas price and can't even sent any tokens.this is really sucks!
sr. member
Activity: 326
Merit: 250
December 07, 2017, 12:59:53 PM
#52
Ethereum did drop hard in BTC value... as did every other altcoin out there. It's no rocket science.
sr. member
Activity: 1066
Merit: 261
December 07, 2017, 12:37:43 PM
#51
The Ethereum network is experiencing high network congestion. Damn cryptokitties, have congested the complete Ethereum network. Thus, being affected all ETH and ERC20 tokens transaction. Keep clam and HODL!
legendary
Activity: 2800
Merit: 1573
December 07, 2017, 12:54:24 PM
#51
There has not been a huge fall in the price of Ethereum.
I think it shows how powerful Ethereum is.
full member
Activity: 1018
Merit: 113
December 07, 2017, 11:49:20 AM
#50
ethereum still at 400! it was 290 before , ethereum didnt go down too dip! its just the bitcoin who goes up if you are referring to eth to btc you will see that eth is really a drop too much but look at the other side and see USD is not that bad to eth ! so dont be so sad Cheesy
member
Activity: 168
Merit: 10
December 07, 2017, 11:27:17 AM
#49
in Few days ethereum price is drop hardly in Bitcoin value, why ?
anyone know the causes ?

Thank you
I think Ethereum price is dropping because more people are exchanging their ether for bitcoin trying to join the new bitcoin trend.
sr. member
Activity: 1148
Merit: 251
December 07, 2017, 10:52:12 AM
#48
Ethereum price drops because of the bitcoin price increasing. Notice the price of other altcoins also drops this means not the only ethereum that has very low value. So, I believe ethereum will become huge its value with its moment.
jr. member
Activity: 51
Merit: 10
December 07, 2017, 10:49:32 AM
#47
in Few days ethereum price is drop hardly in Bitcoin value, why ?
anyone know the causes ?

Thank you

1)cryptokitties
2) bitcoin incrase fast (more than 3000$ in two days )
3) ETH/USD stable
full member
Activity: 189
Merit: 100
https://eloncity.io/
December 07, 2017, 10:37:30 AM
#46
The Market now unsteady in the form bitcoin go up without any correction and the other altcoin drop hard because of the bitcoin price surpass the $15 k I think it will not take long time just wait and keep your eyes in the market .
member
Activity: 322
Merit: 10
December 07, 2017, 10:18:32 AM
#45
the pumps and dumps are hard to understand in this cryptomarket
member
Activity: 167
Merit: 10
December 07, 2017, 10:17:06 AM
#44
I think the price ethereum drops because of the over height in the eth network. Many people move to other platforms to minimize costs, especially for the token developers. Gas Sets that must be high and the number of pending transactions that occur can also be the trigger of the down ETH prices.
member
Activity: 93
Merit: 10
December 07, 2017, 10:12:48 AM
#43
Cryptokitties, because of this cat game, they successfully plugged ETH's imperfect blockchain. So now it is difficult to transfer ETH and ERC20 TOKEN. Affected by this adverse event and the substantial increase in BTC, almost all altcoin is declining.
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