Topic: Ethereum price plunge: Is the cryptocurrency dead? - page 3. (Read 587 times)

now everything falls, not only ETH if ETH after all implements the technology allowing to return the stolen tokens released on their platform to owners, then we will receive at the coin exit, with the guaranteed protection that in a compartment with popularity and long-standing trust of already operating platform will give it big odds before the others. therefore I would buy in addition cheap efirka now, so far the action of whales works.

Bitcoin has a direct impact on all the other altcoins if you have NotciEs last year around October till last week of December bitcoin was so bullish and other altcoins like ethreum and ripple shot up like crazy then again when the bitcoin plunged other alts dropped down as well.

It is called price fluctuations, market corrections, someone is selling their own ETH and someone is going on to the mode of panic selling due to some factors that we've already know, we can also consider the ads ban on the social media giants and the biggest search engine in our world, ICO's have a vital role in the growth of ETH as to why it is falling is because some projects paints a negative impression to people that results from withdrawing to cryptocurrencies, hoping those scams will cease to exist.

I suppose that all the cryptocurrencies have the strongest connection. Do you remember the recent time, when Bitcoin was running very fast up? Ethereum was also growing. Now they are down, but it will not last forever.

Speaking of reading the chart, I just had a look at it. And you seem to be talking about the ETH/USD chart, not BTC, so that's the one I looked at. Scroll out a bit and observe the following pattern: When the price reaches a low level that the big group of buyers decide is the "fair price to buy" and drive the price back up, we'll call that the support level or the "fair price level", this is where big volume of coins have been sold and then big volume bought the price up again. Now whenever this "fair price level" gets tested and broken, usually the chart plummets as people panic-sell their coins - but for this period of the time, the "fair price" has not changed! So usually, the big group of buyers steps in after some hours (or sometimes days) and brings the price back up to, or close to, that "fair price level". In fact, you can see this in the last few days:

On March 15, the "fair price level" that I am talking about, where large volume was sold and then large volume was bought, this is visible at about $570. March 17, we have the big panic drop that you were concerned about, but it has already returned to the fair price level of $570, if only for a short time! If you carefully examine the chart in the past, you can see this pattern repeat over and over again. The new "fair price level" was reached on March 18 at about $460. So if the price drops significantly below that, another panic dive followed by a short-term buyback to about $460 is quite likely.

This is all just my own opinion and thoughts, you make your own decisions and take your own risks. But I do not think the evidence suggests that ETH is in anyway "dead" right now.

Sorry, but I don't create FUD here. And I guess you don't have any ETH investment that is why it's so easy for you to say that dips are small things, natural, and temporary. No offense, but I think you have missed the price graph chart and/or you just simply don't even know how to read it.  

Most of the cryptocurrencies are being paired with bitcoin in exchanges. So when bitcoin price moves, the value of other crypto paired to it will be affected even if a currency remains stable. If it were to remove pairings of bitcoin to coin like ethereum in all exchanges and be paired to like USD. the price of ethereum won't be much affected if bitcoin is showing high volatility. This is just a hypothetical observation, there's other factors the makes etherium price to go down or up besides being paired to btc in exchanges. It could be a hacked ethereum and being dumped at once, it could affect etherium price in short term.

Yes. it seems that the fall of the crypto-currency market is a pre-planned action. However, all this took too long. It is necessary to pull certain amounts from the crypto currency to cover current expenses, and the crypto-currency market is now very low for the third month. Here, even if you understand that someday it will rise, and even it will significantly rise in price, then it does not change anything. Altkoinov so much and they are very diverse in their functionality and areas of application. However, one bitcoquin fell in price and all fell and are without movement. This is very bad.

Dead this coin can not be by definition, it is invested very much. Volatility is a thing that can both please and upset, but without it it would be boring. And why do you see only bad moments, because you can bribe coins for the future, as you plan.

There have been worse periods in Crypto , and Crypto has still survived.
I think that people should get used with this kind of variance of the prices and not be so emotional.

the current crypto currency is having a very tough problem. lately a lot of bad news about crypto currency that causes all the price of crypto currency is declining. the fall in the price of the crypto currency is caused because investors are afraid of investing in crypto currency, one of crypto currency that is experiencing a decline other than the bitcoin that is ethereum. Ethereum has a very low decline so that ethereum currently reaches $ 566.

It seems to me dump criptocurrency trend is continuing. Be patient and hold your coins. I think it is beginning of criptocurrency age only

I think price ETH is still high if see to look back, ETH price see dropped when miners buying devices with high priced and they hope faster ROI. Aside that influenced by an issue eth POS, speculation traders when ETH dump.

No. Its not dead. And in my opinion cryptos gonna stay here for next 5 years (to be on the safe side). After this dust settles down (the FUD and all the regulations etc.) everything gonna be normal and cryptos gonna be back in action. I hope there won't be pump n dump anymore which will be beneficial for the greater good of cryptos as a whole.

I think because ICO market cooled, so the demand of the ETH will fall, so the ETH a drop in prices is normal, I think the price of the ETH still exist certain bubble, so the price is likely to fall further.

ethereum is definitely not dead, it's a very successful project, it's just now a period when everyone thinks that everything has died, you just have to wait and we'll all see it for $ 5000

The decline was due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China...

cryptocurrency is the future of the economy 4.0, in the next half century =))

Its only for bitcoin price down. When BTC again will touch 12000$-14000$ line then all coin will up not the only ethereum i think. people now in a hesitate with bitcoin because in little bit time many more rumors come about bitcoin. So people are trying to sell their BTC now. I think It will take pretty more time to recover btc price. Then all coin will up again their previous price.

No its not dead I think its a good time to pick up some ETH and hold for a bit!