Topic: Is ETH collapse caused by panic selling of all the ETH raised in ICOs? (Read 652 times)
December 14, 2018, 01:06:49 AM
It's the main reason, many ICO sell ETH in panic make ETH collapse, especially scam ICO, they will sell ETH to get fiat because they are scammers and just need cash for their party in real life. No worry to much about ETH price, it's promising coins and will growth well in the future.
December 14, 2018, 12:55:53 AM
Generally yes
Technically no
The reason why i say it is a yes by general but no by technically because the whole market collapse. Not just Ethereum, Ethereum price were tied to Bitcoin as Bitcoin is still the major if we were to compare.
However, aside from ICO dump, and Ethereum price goes bear in terms of BTC, the DAPP network have a great daily volume. People are not leaving Ethereum to other network, i mean some people does but not everyone
So, ICO dump is one of the reason. Bears market is the main reason
Technically no
The reason why i say it is a yes by general but no by technically because the whole market collapse. Not just Ethereum, Ethereum price were tied to Bitcoin as Bitcoin is still the major if we were to compare.
However, aside from ICO dump, and Ethereum price goes bear in terms of BTC, the DAPP network have a great daily volume. People are not leaving Ethereum to other network, i mean some people does but not everyone
So, ICO dump is one of the reason. Bears market is the main reason
December 14, 2018, 12:50:59 AM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
What you say is one of the main factors that caused the collapse of ETH prices drastically, besides that not a few also ICO which was developed by the scammer to steal investor funds, so this case has caused a decline in the reputation of ETH among the public. But you have to be optimistic because in the future there will be many real ICOs who are struggling to grow ETH prices.
December 13, 2018, 11:54:57 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
In part, this makes sense, since these coins are part of a common market, but this is not the main or only reason for its fall. Everybody is panicking right now, and not only fraudsters. Here there are already many reasons for playing the role, which are superimposed on one another, but the most important of them is the same big increase in the price of bitcoin last December. We have to go through the correction stage to the end, only after that the market will start to rise. However, a significant role in this is also played by the general distrust of ICO projects due to the large amount of fraud in them. Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
December 13, 2018, 11:38:03 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
I think that scammers are not fools. And they won't sell the Ethereum 90$ (price 14.12.2018). I think that they will wait until ETH grows to 1000+$. Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
November 27, 2018, 09:03:15 AM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
It could be, you see these people are making a lot of money from the coins that they are making and when they are done and they have the amount of money that they want then they are going to start selling their coins which is when they start dumping eth and since they have a large number it can usually affect the price of the coin
November 22, 2018, 05:42:40 PM
I do not believe that the price drop in the market is associated with ICO projects. This is the usual correction that was expected after the rapid growth of prices and demand for cryptocurrency, people need to communicate and make a hundred mistakes that would be more successful.
November 22, 2018, 05:31:27 PM
Yes i know some of icos sold their eth holdings during huge dumps because of fear about vaporizing of funds. But i also know there are some strong icos with full of eth holding and they are trusting ethereums valuıe. I also believe ethereum. I think these prices only the cause of manipulations.
November 20, 2018, 09:05:04 PM
I think the number of scam projects nowadays is indeed a destroyer of trust for investors. The large amount of investor money that has been scammed by projects and crypto regulations in many countries that are unclear even tend to darken create market uncertainty
November 20, 2018, 09:02:53 PM
maybe one of the reasons is really that the projects that conducted the fees on the air really sell everything now. But I think that this is not the only reason and they sell ethereum not only the projects that carried out Ico.
Even the major projects aside from ICO falling. Many people and investors have gone scared with all the fud heard on the news. Im still firm it will recover but not fast slowly and gradually. I hope people see the development of the projects like eth which serenity will prorbably be here soon. Price will follow success once we see something new.
November 20, 2018, 08:58:12 PM
maybe one of the reasons is really that the projects that conducted the fees on the air really sell everything now. But I think that this is not the only reason and they sell ethereum not only the projects that carried out Ico.
November 20, 2018, 08:53:45 PM
The current price is freefall and makes eth cheap to get, a decline that makes panic but this massive decline must be faced and I still hope there will be an increase later. Study the graph that happened and enjoy this situation.
November 20, 2018, 08:24:16 PM
As many people talk about, panic by selling ETH keeps prices down. Should have thought more about the impact of large-scale sales. In this case I prefer to be silent and drink black coffee. While hoping prices jump at least above $ 300. 
Price jumped to 100$ or so instead. We are living interesting times. Now will the next just lead to 1000$ or to 10$? Even Buterik in his own words has no idea
September 24, 2018, 11:22:17 PM
Yes could very be since people are selling off the eth that they got from doing their icos and such large scale selling of coins is sure to affect any coin no matter how good that coin seems to be. With time though the coin will start to recover, it has really taken a hit and once people start buying up all the coins again then the price will be getting better.
September 24, 2018, 03:53:35 AM
As many people talk about, panic by selling ETH keeps prices down. Should have thought more about the impact of large-scale sales. In this case I prefer to be silent and drink black coffee. While hoping prices jump at least above $ 300.
September 24, 2018, 03:12:14 AM
I hate to think of the btc and eth sucked from so many noob investors ...... sad and scary.
Worse than that it is sad to see such a wonderful technology having turned into a colossal gambling casino, where most of the market's activity now consists in hyping one coin or another so as to perform pump & dumps schemes to rip off newcomers.
September 23, 2018, 04:15:53 PM
i doubt that the ico are to blame for the price collapse. the whole market has collapsed and that is why ethereum fell off the price. if the market had not collapsed, ethereums price would certainly be more stable.
There would be no point to blame them anyway. If they are selling ETH is because they cannot do otherwise. The need the money to develope their projects, NOT ETH AS A STORE OF VALUE. Hodling is not an option for them. As plain as that.
September 18, 2018, 07:55:19 PM
Eth is collapsing like all alts.
It another alt albeit one with a superior dev team.
BTC dominance will return but I expect eth to remain number 2.
Since the vast majority of icos turned out to be junk and scams the interest in eth has dropped. However in time the other use cases for eth will be more widely utilized and if their scaling ideas work out nicely it will do well again.
Eth has a strong development team. Most of the icos could not even maintain a ltc straight clone or basic pos 3 clone.
ICO's are run by marketeers who failed to get their seed money outside of the crypto fomo arena. For the most part they never had any hope of completing 2% of their fantasy white papers.
I hate to think of the btc and eth sucked from so many noob investors ...... sad and scary.
stick with btc or eth unless you are a master in conceptual design, coding , math specifically game theory .
It another alt albeit one with a superior dev team.
BTC dominance will return but I expect eth to remain number 2.
Since the vast majority of icos turned out to be junk and scams the interest in eth has dropped. However in time the other use cases for eth will be more widely utilized and if their scaling ideas work out nicely it will do well again.
Eth has a strong development team. Most of the icos could not even maintain a ltc straight clone or basic pos 3 clone.
ICO's are run by marketeers who failed to get their seed money outside of the crypto fomo arena. For the most part they never had any hope of completing 2% of their fantasy white papers.
I hate to think of the btc and eth sucked from so many noob investors ...... sad and scary.
stick with btc or eth unless you are a master in conceptual design, coding , math specifically game theory .
September 18, 2018, 07:26:22 PM
i doubt that the ico are to blame for the price collapse. the whole market has collapsed and that is why ethereum fell off the price. if the market had not collapsed, ethereums price would certainly be more stable.
September 18, 2018, 07:18:26 PM
i think im a bit agree with that, but im not sure yet about it but according to this bear market ICO's are not raising that much that could dump eth price but in the future im optemist to see eth mooning again and all market will be fine, dont worry! crypto is the future 
September 18, 2018, 06:58:42 PM
It seems that I am not the only one to think that. Now I have found put that also some press has formulated the same hypothesis:
https://www.cryptoglobe.com/latest/2018/09/ether-price-down-due-to-short-sellers-scam-icos-scalability-issues/
https://www.cryptoglobe.com/latest/2018/09/ether-price-down-due-to-short-sellers-scam-icos-scalability-issues/
I think this is nailing it. That is THE explanation. Now if we think that ICOs have collected billions of $ Worth of ETH, that is really scaring...
September 18, 2018, 05:27:54 PM
It seems that I am not the only one to think that. Now I have found put that also some press has formulated the same hypothesis:
https://www.cryptoglobe.com/latest/2018/09/ether-price-down-due-to-short-sellers-scam-icos-scalability-issues/
https://www.cryptoglobe.com/latest/2018/09/ether-price-down-due-to-short-sellers-scam-icos-scalability-issues/
September 16, 2018, 02:02:36 PM
I think eth reflects the hype of ICOs and tokens with crashing tokens. it also decrease price but it does not mean eth are closed, i believe that it is an opportunity to buy eth. when it price are increase than you can sale and get profit its normal.
September 16, 2018, 01:38:27 PM
Don't think it's much to do with ICOs, most accept bitcoin too. More people manipulating it and others panic selling.
September 16, 2018, 01:34:21 PM
I think eth reflects the hype of ICOs and tokens in this year so with crashing tokens and it also decrease price but it is not shit coin, i believe that it is an opportunity to buy eth.
September 16, 2018, 09:07:32 AM
it could be that what you said is true, even that might be the main reason why ethereum prices are now very deteriorating. but whatever the problem is I hope everything will be resolved and the price will recover soon
September 16, 2018, 09:02:44 AM
I believe it happen not just frenzy deal some venture additionally the reason for advertise fall. ETH as of now make some move to quit falling. Before long the cost will grow u
September 16, 2018, 04:24:28 AM
that has always been a serious concern about ethereum among the big investors who are wise about their money. and it didn't start now that price is dropping. this concern was actually raised back when the price was getting pumped hard. people were seeing that the only reason for the big pump is the ICOs and they knew that when they start cashing out there can be a big dump.
not just that but also like any other hype there is always an expiration date for these sorts of pumps.
not just that but also like any other hype there is always an expiration date for these sorts of pumps.
September 15, 2018, 06:12:40 PM
I think you're partly right. This also has a negative impact on Ethereum, but most likely it was done before, because it makes no sense to sell Ethereum now and the developers understand it. Now it is better to support it on the contrary until the price increases.
September 15, 2018, 05:49:55 PM
Most probably as ETH is falling down but I believe that for those legit ico's out there for sure they're holding the funds and wait until it pumps so that they could run/start the project. It's just that it is very unfortunate for those who only accepted ETH as mode of payment.
You can try to track the icos wallet activity through use the santiment platform and that gives latest update about what has already happened with the wallet and how many funds that has been sent to be liquidated into the fiat or bitcoin. this could be an interesting thing for you. A lot of the icos were contributing flash sale to liquidated their ethereum and they create big dump.
September 15, 2018, 05:49:33 PM
I think ICOs were not the major reason for the recent dump in ETH price, because the majority of them are still holding their coins. Anyway, the faster scam ICOs selling their coins, the better for the market.
September 15, 2018, 05:27:58 PM
Most probably as ETH is falling down but I believe that for those legit ico's out there for sure they're holding the funds and wait until it pumps so that they could run/start the project. It's just that it is very unfortunate for those who only accepted ETH as mode of payment.
September 15, 2018, 05:21:04 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
That is a possibility, many icos are having a lot of trouble to get enough funding and then when ethereum began crashing they saw that the money they raised went down dramatically, so your explanation makes sense but I don't think it was the reason of the recent crash it just fueled the crash to go for even longer than it should have gone otherwise. Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
September 15, 2018, 05:07:31 PM
I think they are now causing a market plummeting by selling ethereum. As they need money like you mentioned it will be no wonder if they do that. But this will cause negative reputation of ethereum
September 15, 2018, 03:07:00 PM
I think the ICOs only account for a small part in making ETH fall down like now. When a series of ICOs dumped their own projects, individual investors were under pressure from falling prices and they could not keep it too long. And as a result, everyone is panicking and dumping ETH
September 15, 2018, 02:51:04 PM
I think if you look at ethereum chart technically you will know why there was selling pressure and why reversal is quite obvious after this decline, eth has rebounded from its support level which is great for longterm healthy growth of eth.
September 15, 2018, 02:46:20 PM
I also thought that these projects sell the Ethereum in a panic, so as not to lose a lot of money or just to re-buy then cheaper later 
. But pay attention to the projects wallets where they hold their funds - mostly they remained untouched. Large projects, except EOS, didn't sell anything. Some, of course, sold part, but small part.
. But pay attention to the projects wallets where they hold their funds - mostly they remained untouched. Large projects, except EOS, didn't sell anything. Some, of course, sold part, but small part. September 15, 2018, 01:32:31 PM
I think it happen not only panic sale some project also the cause of market fall. ETH already take some step to stop falling. Soon the price will grow up.
September 15, 2018, 12:54:39 PM
I think eth reflects the hype of ICOs and tokens in this year. it is also crashing and decrease its price. it doesn't mean eth are shit coin, i believe that it is an opportunity to buy more and hold it for future. it will make profit in future by increasing its price.
September 14, 2018, 03:01:34 PM
I think the price falling of ETH is because of the collapse of whole market. ICO’s have nothing to do as they are no longer booming anymore. It’s not actually the panic selling. Very soon the value of ETH will rebound.
September 14, 2018, 02:01:34 PM
It is human nature to defend themselves. When the investors of ETH saw the constant decline of ETH, it was all natural for them to get scared and it cause them panic thinking that they might face a loss if they do not sell their coins immediately, before it takes any greater fall.
September 12, 2018, 07:45:59 AM
you are absolutely right. a project that has collected at least a couple of million dollars clearly will not risk and keep everything in the etherium. but there are enough projects. so they sell and start implementing their plans
September 11, 2018, 08:29:37 AM
I think that this might be a major reason why the coin is experiencing such decline in its price. A lot of persons are selling off their Ethereum as a result of fear and uncertainty, and this in turn is leading to the further decrease in the price of the coin. I wish that we could really be more patient and wait for better market conditions to come before selling.
September 10, 2018, 08:31:21 PM
cryptocurrency had been down since 8 months ago. many people affraid of it
then, they sell their coin in order to reduce their lose
then, they sell their coin in order to reduce their lose
September 10, 2018, 08:22:53 PM
that is part of the cause of falling prices. Large panic sell has made the volume decrease by several%.
September 10, 2018, 08:15:43 PM
Our trust in crytocurrency has been destroyed by so many scam ICOs 
I have a reason to sold my ETH when the ETH dropped 200$.
I have a reason to sold my ETH when the ETH dropped 200$. 
September 10, 2018, 08:13:44 PM
That is what most analysts are saying and the data backs it up.
This is where the magic of blockchain really shines.
We can actually track where all the ether is going and who is selling off in mass quantities.
Me, personally, I am happy eth crashed.
Yeah, it sucks that it has terribly low value now, but I really wanted the ICO bubble to crash and burn.
IT was hurting the entire crypto market.
There were so many crap ICOs asking for so much money and with so much speculation going on, it has caused our bearish market to get even worse.
Now that I hope the dust will settle, things will stabalize as all the terrible companies go out of business.
The crazy thing about all of this though, is that there are still ICOs asking for 20 to 30 million in this market. That is just sheer stupidity.
This is where the magic of blockchain really shines.
We can actually track where all the ether is going and who is selling off in mass quantities.
Me, personally, I am happy eth crashed.
Yeah, it sucks that it has terribly low value now, but I really wanted the ICO bubble to crash and burn.
IT was hurting the entire crypto market.
There were so many crap ICOs asking for so much money and with so much speculation going on, it has caused our bearish market to get even worse.
Now that I hope the dust will settle, things will stabalize as all the terrible companies go out of business.
The crazy thing about all of this though, is that there are still ICOs asking for 20 to 30 million in this market. That is just sheer stupidity.
September 10, 2018, 08:13:36 PM
in my opinion the highest ethereum decline was due to the ico scam that brought ethereum to everyone and they exchanged ethereum without seeing a very cheap price and they also managed to attract everyone's panic to sell the ethereum they had
September 10, 2018, 08:12:52 PM
That's exactly my thought and what I have been saying for quite a long time now, ICO's are no longer booming anymore, you hardly hear of any project holding their crowd sales these days, so the demand for eth in the market is declined, those eth been raised by those ICO's project, are not been bought back and it has cause the eth price to be dumping,
September 10, 2018, 08:09:01 PM
There's a high probability that current bear market, which has been affecting altcoins prices for the past few months, is probably the main reason behind the massive ETH sell-off from both legit ICOs and scam ICOs.
There are times when the sell off is just a strategy of those big holders of the coins because they just want to protect their funds to further losses that's why they decide to sell their coins. Whether one is a legit or scam ICO, people still need fiat to finance their day to day operations because not every merchant accepts cryptocurrency that's why we can see a bearish market for ethereum.
I don't think panic selling has anything to do with the recent drops, ICOs have been selling their funds for either fiat currency or btc just to keep their funds safe during the bear season. It's actually pretty normal behaviour in times like these, it's not actually panic selling but a well-thought-out course of action since ICOs need to evaluate whether it's risky or not to sell the funds they've raised.
It may also be one of the strategy of the traders who is shorting the market because they know that once the candle starts to go red and becomes bigger, there is a higher possibility of panic selling that's why a further downfall is most likely and it is more profitable for them. As for those ICOs, they are learning from this bear season that they should look for other ways to leverage so that they can still be profitable whatever market it is.
September 10, 2018, 08:02:47 PM
the fall of ethereum prices is certainly due to the fact that the whole market has collapsed. all other coins have also fallen in price, even bitcoin. thats why i do not think its the fault of the ico projects.
September 10, 2018, 05:46:56 PM
There's a high probability that current bear market, which has been affecting altcoins prices for the past few months, is probably the main reason behind the massive ETH sell-off from both legit ICOs and scam ICOs.
I don't think panic selling has anything to do with the recent drops, ICOs have been selling their funds for either fiat currency or btc just to keep their funds safe during the bear season. It's actually pretty normal behaviour in times like these, it's not actually panic selling but a well-thought-out course of action since ICOs need to evaluate whether it's risky or not to sell the funds they've raised.
I don't think panic selling has anything to do with the recent drops, ICOs have been selling their funds for either fiat currency or btc just to keep their funds safe during the bear season. It's actually pretty normal behaviour in times like these, it's not actually panic selling but a well-thought-out course of action since ICOs need to evaluate whether it's risky or not to sell the funds they've raised.
September 10, 2018, 05:40:03 PM
ICO is no longer attractive to many investors because of the high ICO prices, but when traded, they are extremely low price, not suitable for us to buy.
September 10, 2018, 05:35:05 PM
Like I'll always, ICOs are the reason for the rise and decline of the prices of ETH. They have bills to pay in the world outside the confines of crypto, these payments need to be done in fiat. This forces them to sell their ETH in exchange for fiat.
Not to be ruled out are the exit scams as well. The ETH they collect from ICO will need to be exchanged for fiat, so they dump the ETH at the exchanges in large numbers, forcing the price to crash.
Not to be ruled out are the exit scams as well. The ETH they collect from ICO will need to be exchanged for fiat, so they dump the ETH at the exchanges in large numbers, forcing the price to crash.
September 10, 2018, 05:31:06 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
No' it's not the real reason why ethereum has plunged a lot. remember when EOS was dumping all of their ethereum to the market and it's worth more than the total ethereum that has been raised by all of icos it's more than 1.6 millions ethereum. So many people are panic selling to hold bitcoin and then they are exchanging it to the bitcoin. Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
September 10, 2018, 05:23:52 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
It probably is because of those shady ICOs.
Scam or not, most of those ICOs have daily expenses that need to be paid. Where else would they get their money but from ICO proceeds? I'm guessing they are forced to sell to make sure they have some liquidity that is ready to spend. Poor Ethereum though, surely ETH value will rebound soon.
Yes, they could afford keeping most of their funds in ETH until the moment when it started to crumble, and then they probably had to panic sell since they cannot affort to hodl with falling prices without endangering their projects. Of course, by selling they are feeding the collapse.
September 10, 2018, 05:09:47 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
It probably is because of those shady ICOs.
Scam or not, most of those ICOs have daily expenses that need to be paid. Where else would they get their money but from ICO proceeds? I'm guessing they are forced to sell to make sure they have some liquidity that is ready to spend. Poor Ethereum though, surely ETH value will rebound soon.
September 10, 2018, 05:06:47 PM
For me I would think that is posiible, why? It is because of the market thet as you said but they know how to handle it well BECAUSE THEY are professionals in the ICOs that can handle the situation like the finance or marketing team.
Still they ca not do anything if bitcoin or there cryptocurrency goes to the groud, that is how the market works where everything is falling and rising but it is a shit coin because people have lost there interest on the altcoin or ICO itself. We all know why some people lost interest right? So I would this situation is normal and a correction it is normal.
September 10, 2018, 04:49:10 PM
What you are saying makes a perfect sense. We are speaking of hundreds of millions of dollars, possibly over a billion in the whole, raised by companies who actually plan to use that money in the FIAT world, where they won't accept Ethereum, thus the urge to sell until what they have is still something worth.
September 10, 2018, 11:47:20 AM
I think eth reflects the hype of ICOs and tokens created this year and in 2017, so with crashing tokens it also decrease by now but as it is not shit coin, it is actually an opportunity to buy more.
September 10, 2018, 11:46:57 AM
at this time everyone who has Ethereum will panic to see prices continue to decline, of course I do not blame them, it is an instinct in trading, to reduce losses, we must take precautionary measures immediately to sell even if in a state of loss. if we don't do it right away, a bigger loss will happen soon, but of course it will soon end, with many new investors, we will hope everything will get better soon and all traders will get better profits soon
September 10, 2018, 11:41:58 AM
only If the ico is live when eth reach its peak at november to january, but for the recently icos, i think the developer still holding their funding, but i think the main reason is eth pool is always full and delay too often, so people start to think eth is not a good coin to icos, and people start to sold their eth
September 10, 2018, 11:23:32 AM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
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