Ethereum will continue to decline...dont buy Ethereum..

jono_t2000

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Activity: 85

Merit: 10

Quote from: ahmedjamal1998 on June 27, 2017, 02:40:56 AM

Well I no longer believe any articles or whatever so called "news" about cryptocurrency price movements.

Just looking at this pic below makes me unsure about anything and totally having no idea what's going on.

When bitcoin price decrease, altcoins used to go up. But now it's a full go down down wave which me really anxious waiting to find out where all this is gonna end.

It's a bumpy road but it's worth it.

OK I will try and explain this is as simple as possible;

When the total marketcap decreases all coins decrease in value
When the total marketcap increases all coins increase in value
When the total marketcap stays the same and bitcoin decreases then altcoins increase
When the total marketcap stays the same and bitcoin increased then altcoins decrease

linkybit

full member

Activity: 560

Merit: 107

Keep Working

Not only Ethereum price is dropping, currently almost all major coins are showing -ve impact, so time to be patient.

shifty30

member

Activity: 126

Merit: 10

a bumpy road it is for sure... the question is.... will this bumpy road down down every week a bit more or will we go finally through the 115-116 cap

ahmedjamal1998

hero member

Activity: 728

Merit: 537

Well I no longer believe any articles or whatever so called "news" about cryptocurrency price movements.

Just looking at this pic below makes me unsure about anything and totally having no idea what's going on.

When bitcoin price decrease, altcoins used to go up. But now it's a full go down down wave which me really anxious waiting to find out where all this is gonna end.

It's a bumpy road but it's worth it.

rhamzter

sr. member

Activity: 420

Merit: 282

I don't care if the price of ethereum is declining, it is favor to all users because this is the right time to invest in ethereum. I was feel that after this declining maybe in the next month it was starting to raising up again.

jackcole

newbie

Activity: 14

Merit: 0

I think the price falling has more to do with the issues ETH is currently facing and all the forks that have had to be implemented to fix issues caused by the DAO fork and attacks. I mean I've been afraid to mine ETH since GETH decided it wanted to fork all by itself and reverse some transactions. There's been 2 updates to GETH since the 25th to fix bugs and I don't think confidence is there that all issues have been fixed. Add to that the number of big Banks leaving R3 to create their own private blockchains and not utilize the solution that R3 came up with utilizing ETH, and you have the creation of a very bearish market.

Aquazi

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I love how you all argue about price, but always fail to consider the value and the technology behind what you promote.

Clark05

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For me ethereum is not a rsiky investment because even the price of ethereum decrease . After few weeks for sure it will recover again and maybe the price of ethereum in july around $400-$500. And I hope it will happen. So dont sell your ethereum. I think better to hold or keep your ethereum and wait the price to increase more before I sell it. Ethereum coin for me is promising coin.

jono_t2000

member

Activity: 85

Merit: 10

Ethereum is the biggest pump and dump scheme there is!

With no regulation on requiring a beta or proof of a working product to use ETH any college student could raise an ICO about how they are gonna save the world and raise millions of funds from blind investors and then sell of the ETH they receive for a handsome profit.

That is why so many people hate ETH and that is why in the long term it WILL fail.

Decentralization is cool but it means things like ETH with no regulation takes a while before people work out what a scam it actually is.

nasibakar

sr. member

Activity: 250

Merit: 250

I dont mind to switch BTC for ETH.
I ll cacth you if you fall.
Already catch some & I ll catch more.

I like PoS,... yummy

wqqas

newbie

Activity: 28

Merit: 0

Quote from: Mandoy on June 23, 2017, 03:05:35 AM

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

That article is not coming with any kind of analysis of real factors behind the Alts rise and fall. Please read here for an analysis of the situation https://bitcointalksearch.org/topic/why-the-alts-go-down-again-and-again-after-a-rise-1987291

jpouza

legendary

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Merit: 1116

Quote from: chineseprancing on June 26, 2017, 05:23:38 PM

Yeah ethereum price was continues decreasing. In my opinion I think this is the time to invest in ethereum, because seems that value of ethereum was declining but I believe that in the future price of ethereum was increased.

Belief is the key for the sucess.

I really don't like ETH since the begining, for me it is just a crappy coin with a pump/dump scheme, but I do respect people that believes in the coin, this is the only thing that matters: to believe.

chineseprancing

hero member

Activity: 630

Merit: 500

Yeah ethereum price was continues decreasing. In my opinion I think this is the time to invest in ethereum, because seems that value of ethereum was declining but I believe that in the future price of ethereum was increased.

Aquazi

full member

Activity: 215

Merit: 100

After the Status ICO have little to no hope in this Ethereum anymore.

Supercomputers?

Smart contracts?

How? This fuckin network crashes once a ten thousand people try to make a transaction concurrently in the range of few hours.

Any coins that do not present such a clogging problem?

JL95

newbie

Activity: 20

Merit: 1

There are fake news about vitalik death by car accident, BUT THIS IS FAKE, he is ALIVE

eagle10

sr. member

Activity: 840

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Not all things you hear or read should be believed. You have to ask yourself as an investors if you are keeping the faith or not. If you choose to go away and leave ethereum, its your choice. IT is you who makes the bubble out of ones cryptocurrency.

Mandoy

sr. member

Activity: 644

Merit: 264

Aurox

Quote from: JL95 on June 23, 2017, 05:50:01 AM

I also do not buy Ehtereum, i think its a bubble.

Just like bitcoin and other cryptocurrencies Ethereum also experiences a bubble and that article just stated that if Ethereum loses grip of the 330$ value it will continue to decline. But after seeing the charts lately Ethereum has made it back to over 330$ and it has already become stable. This is a sign that the bubble had stopped and we will see another increase in value in the coming months. But let us just be careful since a bubble may hit Ethereum again since. But investing in Ethereum is ones decision, the articles are just our guides but it is not the truth of all.

Adelajda

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Merit: 100

Quote from: Cruxer on June 23, 2017, 05:06:44 AM

i dont think this is main reason, i think reason is:
- ethereum is inflation token not deflation
- ethereum is too coplicated to be able to work correctly, every month there are bugs that cause ethereum network to go down almost
- ethereum is ruled by 1 man and 1 man can destroy it forced by someone else

I do accept everything what you said here,it is controlled by a single man and he determines everything about ETH and it has bugs and a major bug could dent the entire network and crash the entire network,so there are risks involved but till now it is good.

giveen

hero member

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This utter nonsense this is surely done to create commotion in the market so that people keep on selling and price falls. The price of eth is surely under attack but it is surely not going to go below 300$ and the price falling is a sign to purchase now and sell later not that eth is going to crash. Stop following fake sites.

Red-Apple

hero member

Activity: 1470

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the first and most important factor in trading or investing is timing. ethereum and a lot of other altcoins were good to invest in at some point, then they were all pumped each from 100% to 1000% and made those early investors rich.
those who have an excellent timing have already gotten out on top.

the only people remaining are those newbies who bought on top and are losing profit day by day and also those who are shorting ether or generally speaking the day traders.

taner32

sr. member

Activity: 364

Merit: 253

my opinion is dont believe the news or gossip, they are telling some truth some lie.

by the way dont believe and you will be suspect, is it true or it will be ? searching news, asking people on the bitcointalk, ask questions from twitter.

renes

sr. member

Activity: 532

Merit: 250

Ethereum is not declining normally. Just a day ago someone sell his thousands of eth and so it declined normally.

Sidas_Crew669

sr. member

Activity: 532

Merit: 250

Well basically, indeed to become a best technology then it must be the existence of a corresponding turnaround. For if we can't do something well then the turnaround in the future could have happened a great loss, but it's all too dependent on growth. basically indeed ethereum has risk of loss, but if you look at all the things that exist in it then it is a great advantage would surely you can get

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: Dikobit on June 23, 2017, 05:57:05 AM

At least ETH tech is usefull and tested, i don't know about the coin itself but i still think it will reach the 1k mark

as your first and only post you have decided to make a very misinformed comment.
the code may have been tested a little bit but it is neither useful nor without a lot of bugs.

the smart contract part has proven to be very bad and easy to exploit, DAO and a couple of others have proven this already.

the cryptocurrency part has also proven to be very bad with the high fees (nearly as high as bitcoin fees) without any backlog, and also with the recent failures of the blockchain.

and the price part is the craze coming from ICO investments and that won't last forever.

Dikobit

member

Activity: 89

Merit: 10

At least ETH tech is usefull and tested, i don't know about the coin itself but i still think it will reach the 1k mark

starmman

legendary

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I've put my buy orders in at 0.06 - not sure if it will drop that low - but I personally don't perceive the value to be higher than that.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: Cruxer on June 23, 2017, 05:06:44 AM

Quote from: Mandoy on June 23, 2017, 03:05:35 AM

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value.

i dont think this is main reason, i think reason is:
- ethereum is inflation token not deflation
- ethereum is too coplicated to be able to work correctly, every month there are bugs that cause ethereum network to go down almost
- ethereum is ruled by 1 man and 1 man can destroy it forced by someone else

all true but apart from that as far as investment is concerned ethereum is obviously in a bubble because it went up a lot and fast without any reason. and the current price is a lot higher than the real intrinsic value of it.
also it has all the ICOs on it which will soon lead to a bigger crash. because simply these developers would want to take that money out and it will cause a big sell pressure.

Netnox

legendary

Activity: 2044

Merit: 1008

Only a small part of the Ethereum market cap is being actively traded. Some large holders are keeping a very significant portion of the ETH in their cold storage. When they decides to dump these coins, the exchange prices are going to crash like crazy.

JL95

newbie

Activity: 20

Merit: 1

I also do not buy Ehtereum, i think its a bubble.

Cruxer

full member

Activity: 184

Merit: 100

Bitcoin FTW!

Quote from: Mandoy on June 23, 2017, 03:05:35 AM

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value.

i dont think this is main reason, i think reason is:
- ethereum is inflation token not deflation
- ethereum is too coplicated to be able to work correctly, every month there are bugs that cause ethereum network to go down almost
- ethereum is ruled by 1 man and 1 man can destroy it forced by someone else

David Horton

newbie

Activity: 96

Merit: 0

I personally wouldn't say investing in Ethereum is actually a bad move even if the value is slowly declining, that's is how the market goes. Investing in Ethereum for me is actually the best move, the price decline wouldn't be a permanent thing, surely the value will start going up again and reach new all-time highs

piloder

legendary

Activity: 966

Merit: 1006

Price of ETH was corrected after a huge price rally and I think that is normal. However 0.10-0.12BTC is now new floor for ETH. I have actually some buy orders at those regions, with all the feature and latest attention ethereum have gained suggests a bigger pump for ETH is around the corner.

Heartilly

sr. member

Activity: 697

Merit: 253

Quote from: Mandoy on June 23, 2017, 03:05:35 AM

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

Possibility of that to happen is possible although at the end of the day, that is a self technical analysis. But we aren't erasing the fact that it has chance to happened. Isn't it nice to have Etherium crashed some more? There are latecomers who didn't able to join the ride starting from BTC0.02 to BTC0.05 to BTC0.07 and so on.

Feel bad to those who bought at BTC0.12 above. I wonder if they will minimize their losses or will continue hold and expect that the price will bounce back again in short time.

gribble

hero member

Activity: 966

Merit: 552

Quote from: Mandoy on June 23, 2017, 03:05:35 AM

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

That is just analisys technical for ethereum's price, it will be right and wrong no one know about the future
even the bitcoins has issue on the block size and still not be fixed by ecosystem,
the most important for you, please read carefully before made new thread, you have made this thread on wrong section
Please move it on altcoins discussion, it will be better than on bitcoins discussion.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

these news sites are very funny!
they wait and wait and wait and when they become absolutely sure about some price movement then they release some useless post.
this is a valuable article that you should've shared: https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36 and it was written before the dip meaning on June 12. also it has pretty good information.
the same news site is just going to release the exact opposite and call it a good investment if the price goes up again.

also don't post altcoin related stuff in the main board. here is bitcoin discussion.

Mandoy

sr. member

Activity: 644

Merit: 264

Aurox

http://www.newsbtc.com/2017/06/23/ethereum-price-technical-analysis-ethusd-decline-2/

According to this article, Ethereum has a tendency to continue to decline in value if the buyers will fail to break the 330$ value. Ethereum has become a risky investment since the price deflation was no longer a joke but it is to be considered a crash. The buy support was low compared to before and if the support will not be increased a possible crash will occur again.

Topic: Ethereum will continue to decline...dont buy Ethereum.. (Read 2198 times)