Topic: Ethereum price plunge: Is the cryptocurrency dead? (Read 550 times)

I think that Ethereum is influenced by Bitcoin. The skyrocketing growth of Bitcoin led to the rise of all cryptocurrencies, and the price of the cryptocurrencies after the rebound. The current price is like a whale selling Bitcoins, trying to clear those who do not trust Bitcoin. If it is a long-term investment, I don't think it really needs panic, because the blockchain will get more applications this year.

The ether falls on a bearish trend, and this is evident. It is not clear why the bears are attacking for more than a month, and the situation is stabilizing a bit, it is starting to fall again. I hope that in a couple of months, growth will begin. Otherwise, many small-handed players will lose interest in this investment segment.

IMO, the market cap of crypto market has been low for the past few months. There aren’t fresh money flowing in, hence explain ETH price going sideways.

I do not understand why the fall of the etherium is tied to the fall of bitcoin. If you look at the root and understand what the etherio from bitcoin differs from, the fundamental difference here is that if the entire Bitcoin system is only and exclusively a transaction mechanism that records them in a blockchain with the added opportunity to generate new bitcoins with which and transactions are carried out, Ethereum extends this field to the ability to carry out any transactions of any kind, also without certification by any central authority or any third party. At least that's the theory. From this it is evident that in fact at least the etherium is the brother of bitcoin, but they are called upon to fulfill different goals. So why is everything tied up on bitkoine ??  The etherium should cost more !!!

Glad to see there  are actually people who think the way I do when it comes to drop in prices. People see the price of a coin drop and all they want to do is speculate whether or not the price keep going down or if the coin is dying instead of actually doing the smart thing and buying into the market at a cheap rate. When prices drop, it is time to buy

DoNews February 20 (Reporter Zhao Jinjie) Vitalik Buterin, the founder of the Ethereum blockchain network, warned in a tweet on Saturday that the cryptocurrency is a new, ultra-unstable asset. The price may plunge to nothing at any time.

In the tweets, Bartling cautions investors that investing in cryptocurrency should not exceed their own level of risk. Butrin also said that "if you are thinking about how to use your life savings investment, traditional assets are still the most secure."

The cryptocurrency price has been restored compared with the previous plunge, where value had evaporated $100 billion in one day. Bitcoin prices rebounded to more than $10,000 last week after falling to $5947.4.

The 24-year-old "genius prodigy" has repeatedly expressed his worries about the entire cryptocurrency community. In December last year, Butrin also criticized the cryptocurrency investors for showing off their wealth everywhere. He believes that these investors have forgotten the role of cryptocurrency, that is, this new technology can make the whole society better. And on Twitter said: "If we have achieved the achievement is to talk about luxury cars and inappropriate jokes, then I will launch."

Data from industry website CoinMarketCap shows that the global market value of digital currency has soared from less than US$18 billion in early 2017 to US$560 billion. (Finish)

no, do not quickly draw conclusions, this is not the end of crypto see now ETH has started up again although still on a small scale, but in the next few weeks ETH, will rise to a much higher price again.

I do not know where you get the assumption that "Ethereum is now lowered in price". I guess your source might not be from coinmarketcap you just type it as your source. And I guess too, you just simply speculate without any reference at all, because if you have you will know Ethereum price trend is going upward since April 7, 2018... click the links below to check it.

Ethereum Chart (Aug 7, 2015 - Apr 23, 2018)
Historical data for Ethereum (Jan 23, 2018 - Apr 23, 2018)

The fall of the crypto-currency in the price is a common occurrence and for this special reasons are not required. It can not constantly grow in price, it needs periods of falling and stagnation. Ethereum is now lowered in price, as all the crypto-currency is lowered after bitcoin. It is not necessary to be afraid of such a situation in the crypto currency market, after each fall, then growth follows.

The demand for eth has drastically reduced due to the restrictions on ICO causing eth market to reduce

crypto is not dead but it seems that crypto currencies take a rest) and everybody hoping that soon we will see green market!

Bitcoin falling = altcoin down also
Bitcoin pump up = altcoin pump up next
In my own opinion this down trend happen to ethereum is normal since bitcoin falling down so high and the market are in crusial situation if the GR20 meeting get a good result we can see the market climb again just wait this situation can be fixed whatever situation happen.

it's not caused by the panic investors. EOS team was sending a large amount of ethereum to the bitfinex exchange site. I have known from the santiment team if EOS was sending 166k of ethereum to the bitfinex and then dump it at the cheap price. And that makes a lot of cheap orders were filling by EOS team itself. This is why price of ethereum gets more downfall rather than bitcoin. That not means of the market was dead.

I suppose we have a crisis on the market due to panic of the investors cashing out, there is no way the market is dead.

The reason why ethereum's price plunge was because the bitcoin's price dropped. It was obvious that ethereum is dependent on bitcoin's price. In my opinion, I don't really think that ethereum will die because before it happened, the other crypto coins with lowest price will be the first one to die. Another good thing is that most of the tokens of ICOs are compatible with ethereum which means that it has lots of supporters.

we must remain optimistic if the ethereum will increase, which at present though ethereum goes down but does not cause death to cryptocurrency and maybe the coin will rise higher than the current price in the future.

The reason for falling all the coins is one. This is the fall of bitcoin and the all market in general. So if you did not exit in USDT, just wait for a good price.

Hello! Why people outside of cryptoworld say this "crypto will die soon" I can understand it! But when people write such things on this forum I cannot understand it! You know but is so easy to understand - sometime it dump sometime pump and sometime there is corrections! Please read this forum better before write such slogans!

Ethereum is a good coin, a good project. Unfortunately it was too overrated. I think at the time it was worth $ 1400, actually its price was about $ 900. That's such a great wrap prices coins, Ethereum so much and blown away.

Ethereum is not going to have a low price if the ICO people use it. Bitcoin and Ethereum us usually trying to compare itself against each other.