Ethereum price dump - page 4. | Bitcointalksearch.org

plr

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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 read that those others ICO developers are now dumping their Eth they got from their ICO and it's like a domino effect, those developers who are doing this are scam ICO who wats to convert their eth to fiat and run away with their investors' fund and this greatly hard the ICO industry.

iconoclast

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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.

Time has shown how incredibly uneducated most of the CFO's of the companies doing ICO's really are. If you were the CFO of a traditional firm you would be cognizant of the Foreign Exchange risk if your Balance sheet was mostly in Euro's and your expenses were in Dollars. That they sat with most of their balance sheet in ETH when they would need Fiat to fund their operation is incredibly negligent given the historic volatility of cryptocurrency.

batang_bitcoin

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It's simple, we're at the bear mode.

Don't be surprised if ETH has been kissing the floor. How many times it went low? from hundreds to two digits and you're still asking this? The whole market seems not so good today so don't think that its ethereum is the only exception of the current situation.

NeuroticFish

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The whole altcoin market is kissing the floor. And Bitcoin is not going greater also.
Ethereum rose one year ago against Bitcoin a lot.
Bitcoin is lower than one year (and some months) ago; Ethereum is also lower than one year and some months ago.

I'm not great at words, so I'll show the one year graph ETH / BTC.

Soberb

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I think that none can explain why ethereum is dumping? Only one can predict. The main reason I think behind the meltdown of the good coin is the declining of the whole market. As the market is dipping with all coins going down in prices, the coin also follows suit. Other reasons maybe bad news surrounding cryptocurrency.

knuckey

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There are many different explanations and opinions about the causes of the fall of ethereum, but we must move and focus on other things. Because now ethereum is very interesting and affordable for investors to fold and hold more eth.

kutangterbang

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I also do not know, their guess that predicts still does not make sense to me, Ethereum is indeed very Vital. as in the body, Ethereum is a Kidney or Heart. if it continues to weaken. will endanger other altcoin conditions

UAE Seasider

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If you are following the wider market you will see that the price of Ethereum is still heavily affected by the price of Bitcoin, and it is still the movements in Bitcoin that are creating the mirrored movements with Ethereum and the remainder of the altcoins.

When we see an upturn in Bitcoin prices Ethereum will follow suit.

nlaara12

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The question is,is it only ETH that is down?Why are we making it look like ETH is dead.Every other coin are down as well,so it is not about ETH but crypto market in general.

sky9314

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Because most ICOs use ERC20 coins, when they take these ERC20 coins, they are usually converted to Ethereum, and then when they take Ethereum, it will lead to dumping.
Don't think that Ethereum's current price is at the bottom. In fact, there may be more dumping happening. Last year's ICO was too much, and now they have not completely eliminated their bubbles.

dupee419

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Quote from: Peterdav on December 10, 2018, 01:31:15 AM

Not Ethereum only but all of altcoin experiencing the same thing. I do not know what the reason market falls too deep and i think Q2 - Q4 in 2018 is a bad times for crypto.

ETH is not the only crypto that is experiencing the same movement as what you are seeing in the market, BTC is also a crypto wherein it is also experiencing this kind of price flow, XRP and Stellar as well, so I don't think you should be only recognizing Ethereum as the only crypto that is kissing the floor right now, this month has been one of the worst in the market.

Peterdav

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Not Ethereum only, but all of altcoin experiencing the same thing. I do not know what the reason market falls too deep and i think Q2 - Q4 in 2018 is a bad times for crypto.

Alliipp

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is it true that etherium is now dumping? if it's right to do a dump, surely the price of etherium will not decline like this. I am waiting for when Etherium will come back victorious again

Zero1One0

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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.

Alluro

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The main reason is the market condition. But ethereum has down one step in the coinmarketcap. I personally believe ICOs are another reason to fall ethereum price. Because all ICO owners are mostly accepting ethereum and they will cash out their ethereum. We can understand that looking at this year chart.

siruiiuris

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Can anyone explain why Ethereum is kissing the floor?

Topic: Ethereum price dump - page 4. (Read 648 times)