Ethereum price dump - page 2. | Bitcointalksearch.org

UniversityCoin

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Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

All cryptocurrencies in the market have fallen in price. Someone more, someone less. Perhaps Ethereum crushed down specifically. I heard that there are actively developing to improve the speed of the network. Perhaps the fall in prices due to this.

BitcoinPanther

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Quote from: paradigmaV on December 10, 2018, 11:04:19 AM

Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

Perhaps you have not noticed, but the floor kisses not only Ethereum, but the entire market without exceptions. We are in that phase of the cycle, which does not give a chance to grow to any of the projects. But sooner or later, this cycle will end. I have no doubt that Ethereum is the first candidate for institutional investors. This is the first multi-blockchain that really works.

It is really a winter season for cryptocurrency market. Ethereum needs a good development in order for this winter season to end. Though most of us might think that once Bitcoin started to bull run, probably ETH will ride the Bitcoin market increase. Anyway, I heard that ETH is converting to POS, others believe that once it is implemented, the price of ETH will increase, though I do not think that investors will buy that news.

paradigmaV

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Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

Perhaps you have not noticed, but the floor kisses not only Ethereum, but the entire market without exceptions. We are in that phase of the cycle, which does not give a chance to grow to any of the projects. But sooner or later, this cycle will end. I have no doubt that Ethereum is the first candidate for institutional investors. This is the first multi-blockchain that really works.

cliber

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umachit.fund

The answers to these questions are diverse so that various analyzes are born. If the answer in my opinion about the decline is Ethereum came down because of competition. And in terms of crypto enthusiasts, it has been reduced so that Ethereum is like this. And not only for Ethereum, but all altcoins experience it.

nak02

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I should say it was from those people or a group manipulating the price just like bitcoins last year, this people are awesome and good to interact with the people.

Grim149x

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I think that one of the main reasons are ICO projects dumping their ETHs to protect their funds to continue or develop the project. Of course they need funding and most I think are in ETH.

sherenikaw

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rocket.hashbon.com

The Ethereum is following what happen to the market so far. In fact, market is so dumb and it is still in the bearish market. However, for the ETH itself, it has very drop price. because there are some reasons. One of them is so many tokens that use the ethereum platform in the projects, and some of the are failed or scams. Probably it influences on the trust of eth.

naruto7676

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The ethereum is now down because of the small number of investors today as well as the new coins but I'm sure that the price of ethereum will dump in the next few months as the investors are growing.

Sitkack

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Quote from: cryptofunn on December 10, 2018, 08:40:09 AM

The etherium falls because the buyer does not appear on the market ready to buy it at the current price. This is due to the general mood in the market, which means the market is expected to be even lower.

I think the market will be around the current price for the next few months. Then it will go up.

giletto

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Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

All cryptocurrency has gone down in the past and ETH is no exception. Look at NEO, EOS .. etc. All fall down 15-20 times and getting worse, ETH will soon drop to 50$ if the market can not improve in the coming time.

Vanshenz

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Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

I don't know for sure the cause of the drop in ethereum prices, but I believe that this is common in the crypto world, and I'm sure that after the current decline in eth prices, there will be times for eth prices to improve.

qiman

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Ethereum is a double edged sword, it is good for bringing the blockchain to many businesses and people, but on the other side, all the ICOS selling all their eth creates even more sell pressure in the market, which generates a spiral for erc20 tokens to also follow suit and fall and also as ETH is pegged to Bitcoin also, the war waged against Bitcoin from bitcoin cash and bitcoin sv is causing even more damage all round at the price. I wish everyone would boycott bitcoin cash and bitcoin sv but looks like we are at the mercy of some greedy miners.

funchiestz

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Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

Ethereum has lost its value fastly. But can anyone tell me which coin didn't? All altcoins has lost its value already. Yes, even Ripple has lost! It has reached to 20K satoshi and now it is less than half of it! Don't worry it'll be fine.

iqlimasyadiqa

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Quote from: slaman29 on December 10, 2018, 08:39:54 AM

Yeah it's true Ethereum's just in the same cycle as everyone else. Bitcoin of course the major factor, proving that the entire crypto market lives and dies by the destiny of Bitcoin. But can't ignore that the crazy dump started just about the time Vitalik himself sort of said Ethereum wasn't working out how it's supposed to.

And now with the latest hard fork delayed do Jan, and lower block rewards and forced hard forks with the bomb every few months (six months?), so much confidence going away. It'll recover. Not sure if ever to ATH but it'll be fine.

I thought that the Hard fork Etherum could be a bridge towards the rise of Etherum prices. It all becomes a hope because Hard fork can be a momentum for an increase in trust from investors. we all hope the market conditions will improve and I think the opportunity is very wide open. Etherum is one coin that has a very good market share and the support of all of us will determine the future direction of Etherum.

bbenpieters

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it's not only eth.. it's the market in general

cryptofunn

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The etherium falls because the buyer does not appear on the market ready to buy it at the current price. This is due to the general mood in the market, which means the market is expected to be even lower.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

Yeah it's true Ethereum's just in the same cycle as everyone else. Bitcoin of course the major factor, proving that the entire crypto market lives and dies by the destiny of Bitcoin. But can't ignore that the crazy dump started just about the time Vitalik himself sort of said Ethereum wasn't working out how it's supposed to.

And now with the latest hard fork delayed do Jan, and lower block rewards and forced hard forks with the bomb every few months (six months?), so much confidence going away. It'll recover. Not sure if ever to ATH but it'll be fine.

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Quote from: Zero1One0 on December 09, 2018, 10:03:33 PM

Quote from: siruiiuris on December 09, 2018, 04:53:55 PM

Can anyone explain why Ethereum is kissing the floor?

Just a brutal bear market. Plus those who did ICO's are also selling eth they got as their holdings relative to USD is shrinking.
If eth goes lower, do does their funding from ICO.
It's just a cycle.

Maybe this is just a cycle of life for ethereum. Yes it has been a bad timing for ethereum but when we look at it at the brighter side, we can see that it would be a good time to buy eth rather than saying it's going to die.

CTO@MyBitMine

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Obviously all of crypto rught now are kissink floor, not only ethereum, we all should be patien and just wait for bull time, it can begin anytime, probably price of eth can fall inder 50 before bump imho.

Jennifer.mathew731

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Ethereum has fallen by around 13% in a week and gained around 0.53% in the last 24 hours. It is down by around 93% since its all-time high rate, with respect to 17-month-low.

Reasons could be
1. 80,000 ETH were transferred to the Kraken Exchange in two different transactions which might be the holdings of an Initial Coin Offering(ICO) and is wanting to sell for avoiding losses as the price is likely to fall even further down to $60 according to some of the crypto market analysts.

2. Many traders claiming that projects have begun to liquidate their war chests, that are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH.

Ethereum Improvement Proposal (EIP) could see the coin move to a Proof-of-Stake consensus. So, while the impact of ICO selling could persist throughout this bear market when eventually the “panic” would cease. If developments continue and the updates are successfully rolled out, institutional and retail demand from Ethereum could pick up again.

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