Author

Topic: Is Ether still struggling? (Read 1350 times)

sr. member
Activity: 359
Merit: 252
July 20, 2017, 05:40:01 PM
#39
With the August 1st BTC split still approaching nobody knows what's in store for ETH. There were times when this situation was going to make it skyrocket, as(some) people would be getting money out of BTC and putting it into ETH, but nowadays it's so dumb the way everything goes up and down together. It's almost like you can't even make a good trade this way.

I like to think that there won't gbe another crash of the proportions of the one last week, so maybe(hopefully) Ethereum can regain some lost ground.
full member
Activity: 172
Merit: 100
July 20, 2017, 04:51:02 PM
#38
Not only eth is struggling but almost all of the coins are dropping, but seems like eth is a bit in trouble,eth supposed to be able to backup Bitcoin and my prediction eth price could go very high, but same like other coin the movement is stagnant and the moving is unstable, I think the news affected on eth growth

Correct, I'm generally against ethereum and find it extremely hyped. But, frankly, there is no reason to blame ethereum right now. The whole market is collapsing like doing a free-fall!

Nobody is blaming ethereum here they just explained a situation simply. No need to get offended. We won't see good days until we get rid of that sewit thing. This is very certain.
hero member
Activity: 1764
Merit: 584
July 12, 2017, 03:34:54 AM
#37
Food for thought.

This chart was drawn by an economics professor named Jean-Paul Rodrigue & is widely used in finance/economics to depict stages of a bubble.



This is a six month chart of ethereum.



They look very similar to me. Although I could be wrong on that.

I've been saying ether is a bubble for weeks now & can't claim to be unbiased.

Indeed,
Not only eth,everything's bubbling for weeks now and absolutly went down.just like bitcoin back then in last year 2013ish until early 2014ish something similiar will always happen because it's an economy cycle,
And we can not say it struggling but instead following the flow of the cyle,we may be can see it again in the next 3 years or so from every cycle.even we can see it more than before if nothing goes wrong un the future.
Eth was one of the best cryptos in here and always be like that (i hope it doesnt not be like ltc) bringing discovery and innovation

That's really a steep fall. Guess people can still wait for the desperation stage and make money once it goes back to the "mean"?  Sucks for those that got into it just a few days before it crashed. If the first chart is any accurate, they'd probably won't get their money's worth back.

Its not just ether, it almost every coin in the market is not stable currently and all I can say is this is due to bitcoin dropping in the value. Have you checked the drop of bitcoin in past 24 hours ? Its dramatic and that is how other coins are following too.


Possibly, though in ETH's case it seems people really did panic. Even if you know it's not true, just enough people believing it would affect how they respond and how the price in turn would fall.
sr. member
Activity: 602
Merit: 259
July 12, 2017, 03:20:25 AM
#36
Its not just ether, it almost every coin in the market is not stable currently and all I can say is this is due to bitcoin dropping in the value. Have you checked the drop of bitcoin in past 24 hours ? Its dramatic and that is how other coins are following too.


hero member
Activity: 1036
Merit: 504
July 12, 2017, 02:00:09 AM
#35
ETH ICOS can be partly blamed for this as many ETH ICO owners maybe selling their ETH so I think it's wiser in future for ICO initiators to accept more digital currencies for their ICOS and not just ETHEREUM just because they issued ETH tokens.  They are shooting themselves and everyone else in the back.
hero member
Activity: 574
Merit: 502
waiting to explode
July 12, 2017, 12:59:55 AM
#34
This is not specific to ETH. The whole crypto market has taken a nose dive due to Bitcoin's possible split in the last week on July.

Here: Take a look at top 20 crypto assets and look at the 7-day graph. Looks similar to ETH?

full member
Activity: 588
Merit: 100
July 12, 2017, 12:49:07 AM
#33
Ever since the scandal about the death of Ether owner, I cant exactly see much progress. Can I be wrong?
Theres always hope in the future so dont lost hope..And yes people struggling now about bitcoin because of price going up and down.Especially for the coming august 1"what will happen to btc"But anyway even people are struggling now,but still going on to bitcointalk because it doesnt remain struggling time always.Its like a journey that you will just pass by every station,dont stay and go to another station for time limit given.Thats why many bitcoiners still stay even there are times for struggle.
sr. member
Activity: 364
Merit: 252
July 12, 2017, 12:43:18 AM
#32
What happened was that a rumour circulated that the founder of Ether, Vitalik Buterin died in a car accident. All their investors panicked then the value dropped. I still think it was one of their competitors that created this fake news story.

I don't think its a good idea to invest in Ether right now. Perhaps it is more stable now but I would still not suggest it. And plus, there's so many new and exciting ICO's taking place. Some of them have real potential so why no broaden your mind, do some research and invest in those. Who know's what you could get out of it. Just a thought Smiley

Hope that helps.
No, Vitalik Buterin not died, this just is fake news from news on tabloid to attack mind user ETH and people not have knowledge and information to know this is really news or fake!

ETH dropping down just by some ICOs project starting selling ETH from crowd sales and all market at now are bearish trend in summer. Remember in summer not good time to buying, "Sell in may and go away" still exist for remind all people invest in summer can death and loss your funds
I think you misread that bold word in isabella's post. Rumor was mentioned, so meaning the post meant that it was a fake news, right?

Anyways, I think Ether price drop isn't just because of that fake news. It seems to be started with that but now seems that there's a panic selling, not only in Ether but even alts. Some people are securing fiat money maybe because of August event

I find it hard to believe that fake news is responsible for this type of drop.  All cryptos that have been speculated and pumped up hard over the past few months has flipped around and the confidence has decreased.  Ethereum isn't alone in this...they've all taken a bit of a dive lately.
sr. member
Activity: 350
Merit: 250
July 11, 2017, 08:28:53 PM
#31
Not only eth is struggling but almost all of the coins are dropping, but seems like eth is a bit in trouble,eth supposed to be able to backup Bitcoin and my prediction eth price could go very high, but same like other coin the movement is stagnant and the moving is unstable, I think the news affected on eth growth

Correct, I'm generally against ethereum and find it extremely hyped. But, frankly, there is no reason to blame ethereum right now. The whole market is collapsing like doing a free-fall!
newbie
Activity: 55
Merit: 0
July 11, 2017, 08:01:36 PM
#30
No, Ethereum isn't struggling anymore. Google it


Going up for a minute doesn't mean it isn't struggling.
You need to check the price again.

I heard there was a Darkweb marketplace that went down. They accepted payments in ETH and Bitcoin so a lot of users funds are stuck
full member
Activity: 166
Merit: 100
July 11, 2017, 07:57:51 PM
#29
No, Ethereum isn't struggling anymore. Google it
hero member
Activity: 966
Merit: 515
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July 11, 2017, 07:48:23 PM
#28
Ever since the scandal about the death of Ether owner, I cant exactly see much progress. Can I be wrong?
Actually The down in the price was not the single news of dead of ETH owner , but there was also other reason that was the problem in the network algorithm of the ETH coin , after the problem in the network of the ETH coin , many people who bought ETH sold Thier ETH to remain away from any type of the loss , But with this news the mews of death of the owner also came in the market , this made really the ETH goes much down , but after the official declaration that the owner of the ETH is alive and news was fake , the price get increases.
But even today the people have not much trust with the network of the ETH , that how much time will take to repair and work again .
No doubt that ETH is really a cool coin and also many of the ICO haves tocken for the value of ETH coin only . Which is directly showing what the ETH coin is .
Here in my opinion also the ETH is best coin and after the btc we have the option of the ETH for bulk trade .
legendary
Activity: 1666
Merit: 1001
July 11, 2017, 07:30:43 PM
#27
Not only eth is struggling but almost all of the coins are dropping, but seems like eth is a bit in trouble,eth supposed to be able to backup Bitcoin and my prediction eth price could go very high, but same like other coin the movement is stagnant and the moving is unstable, I think the news affected on eth growth
sr. member
Activity: 322
Merit: 250
July 11, 2017, 03:44:12 PM
#26
I would say irrespective of its price, ETH is still struggling to have witnessed such a sharp drop as a result of a fake news. I wonder what would happen if the news had been real and there is nobody to debunk the death rumour and I still think that's one more advantage bitcoin has over ETH since its not tied around one person and whether he is alive or dead, no one knows. If a news broke that the Satoshi died tomorrow I don't see a lot of effect because a lot have claimed to be Satoshi.
hero member
Activity: 1372
Merit: 503
July 11, 2017, 02:47:26 PM
#25
Ever since the scandal about the death of Ether owner, I cant exactly see much progress. Can I be wrong?
Just wait for it and every thin will be okay yes because the ethereum was rapidly increase that fast the price was so expensive then decrease that fast too they like people panic to sell all there ethereum but i know someone or some group are planing to pumped up ethereum again and come back no normal basis.
hero member
Activity: 700
Merit: 500
July 11, 2017, 02:24:16 PM
#24
You guys do realise that almost the same "crash" can be seen for Bitcoin in the last 12 hours, don't you? The same can be said for a lot of alts actually. I'm looking just at DOGE and LTC. Just goes to show that BTC still leads the way. You jump, I jump, Bitcoin!

Yes, it has happaned for most cryptos today. Ithink the reason other cryptos go down in price is because that the BTC and ETH and LTC go down in price it affects the trading pairs of BTC/DOGE and others. It likely causes them to go down, but a lot of times it doesn't by much.

Usually for the alt coins if they are on their way down in price it happens over the course of a week then it stabilizes and then rebounds on price again. It seems to be a pattern to be honest. I trade on the downswings and sell on the upswings on a lot of them. Very eas money.

legendary
Activity: 2576
Merit: 1655
July 11, 2017, 01:22:55 PM
#23
Food for thought.

This chart was drawn by an economics professor named Jean-Paul Rodrigue & is widely used in finance/economics to depict stages of a bubble.



This is a six month chart of ethereum.



They look very similar to me. Although I could be wrong on that.

I've been saying ether is a bubble for weeks now & can't claim to be unbiased.

Very nicea analysis. Yes, I also been saying that Ethereum is a bubble and now it has already burst that a lot has been trapped already. I don't know if the Vitalik news really has a negative impact on Ethereum. This is already confirmed as fake news. Maybe it just follow bitcoin path as other have suggested, or their are really good reasons for the price to really dip.
sr. member
Activity: 700
Merit: 275
July 11, 2017, 12:46:38 PM
#22
First thing first, Vitalik is still live and that man is hard working behind the ether framework. The price is dropping just because of noise in the world of bitcoin. It is always noticeable that when bitcoin starts moving downward or upward the ethereum price also follows the same way. Ether is struggling the same way bitcoin now a days. Once the august passes I'm sure bitcoin will take the lead and ether will follow the same.

Due to bitcoin hype no one is investing money into either of the coins as well as people have started panic selling and this is what happens when whole community starts panicking at the same time.
sr. member
Activity: 868
Merit: 259
July 11, 2017, 09:17:18 AM
#21
Theres also the ICO token holders who can dump anytime they want for BTC. Its a well known fact that none of those crowdsale ventures that they are trying to develop on Ethereum will have real world use cases. If there is one, it wont be as good as their centralized counterparts that are available right now.
hero member
Activity: 1372
Merit: 647
July 11, 2017, 07:19:44 AM
#20
What happened was that a rumour circulated that the founder of Ether, Vitalik Buterin died in a car accident. All their investors panicked then the value dropped. I still think it was one of their competitors that created this fake news story.

I don't think its a good idea to invest in Ether right now. Perhaps it is more stable now but I would still not suggest it. And plus, there's so many new and exciting ICO's taking place. Some of them have real potential so why no broaden your mind, do some research and invest in those. Who know's what you could get out of it. Just a thought Smiley

Hope that helps.
No, Vitalik Buterin not died, this just is fake news from news on tabloid to attack mind user ETH and people not have knowledge and information to know this is really news or fake!

ETH dropping down just by some ICOs project starting selling ETH from crowd sales and all market at now are bearish trend in summer. Remember in summer not good time to buying, "Sell in may and go away" still exist for remind all people invest in summer can death and loss your funds
I think you misread that bold word in isabella's post. Rumor was mentioned, so meaning the post meant that it was a fake news, right?

Anyways, I think Ether price drop isn't just because of that fake news. It seems to be started with that but now seems that there's a panic selling, not only in Ether but even alts. Some people are securing fiat money maybe because of August event
full member
Activity: 322
Merit: 100
July 11, 2017, 07:01:07 AM
#19
I think the ether is created and moves on the principle of bitcoin, so there is no need to panic. We need to calmly take this into account and in a few years, along with the ether, you can become a millionaire.
hero member
Activity: 2730
Merit: 632
July 11, 2017, 06:40:34 AM
#18
I think the rumours of the death of his founder is not truth, the aim is to create panic in the market and course people to sell off ethereum. I am speculating to see the next ethereum price upward movement at above $500. The token was an added advantage.
Upward movement? Cant you see the recent price, its going down man together with other altcoins in the market which we can see almost  red and they do all decrease.Dont know whats the reason but its not the time that we can see about ETH price increase and regarding to those FUD its just really a fake news and it do spread just to make public panic when they are on weak hands they do eventually sell out and make the price dump even more.
sr. member
Activity: 924
Merit: 260
July 11, 2017, 06:20:54 AM
#17
I think the rumours of the death of his founder is not truth, the aim is to create panic in the market and course people to sell off ethereum. I am speculating to see the next ethereum price upward movement at above $500. The token was an added advantage.
sr. member
Activity: 1162
Merit: 260
July 11, 2017, 05:51:12 AM
#16
What happened to Ethereum anyways? This is an image of the price in a 12 hour timeline:


At $220 now, what even happened? At first when ETH took the market by storm, I was quite shocked to see an uprising crypto like this, and many started talking about ETH. Now that I started to learn more about it, this happens... not sure now, I would keep a safe distance for now and give it more time and patience.

Do you think it is a good time to buy now?
What happened was that a rumour circulated that the founder of Ether, Vitalik Buterin died in a car accident. All their investors panicked then the value dropped. I still think it was one of their competitors that created this fake news story.

I don't think its a good idea to invest in Ether right now. Perhaps it is more stable now but I would still not suggest it. And plus, there's so many new and exciting ICO's taking place. Some of them have real potential so why no broaden your mind, do some research and invest in those. Who know's what you could get out of it. Just a thought Smiley

Hope that helps.
No, Vitalik Buterin not died, this just is fake news from news on tabloid to attack mind user ETH and people not have knowledge and information to know this is really news or fake!

ETH dropping down just by some ICOs project starting selling ETH from crowd sales and all market at now are bearish trend in summer. Remember in summer not good time to buying, "Sell in may and go away" still exist for remind all people invest in summer can death and loss your funds
https://twitter.com/VitalikButerin

Looks vitalik still being active on the twitter, that's obviously fake news has speeded by those against ethereum.

The bearish caused by the ico project starting to sell the ethereum for the money that gives the massive dump. I can say it's the big problem of ethereum too many projects based on the ethereum platform.
sr. member
Activity: 434
Merit: 252
July 11, 2017, 05:34:55 AM
#15
It seems to me that the reason for such a steep dive in prices is not the rumors of the death of Vitalik. Most likely this is due to the fall in the price of bitcoin. They are not formally linked to each other, but bitcoin is the legislator of all the trends in the cryptocurrency.
sr. member
Activity: 1274
Merit: 263
July 11, 2017, 05:16:23 AM
#14
Food for thought.

This chart was drawn by an economics professor named Jean-Paul Rodrigue & is widely used in finance/economics to depict stages of a bubble.



This is a six month chart of ethereum.



They look very similar to me. Although I could be wrong on that.

I've been saying ether is a bubble for weeks now & can't claim to be unbiased.

Indeed,
Not only eth,everything's bubbling for weeks now and absolutly went down.just like bitcoin back then in last year 2013ish until early 2014ish something similiar will always happen because it's an economy cycle,
And we can not say it struggling but instead following the flow of the cyle,we may be can see it again in the next 3 years or so from every cycle.even we can see it more than before if nothing goes wrong un the future.
Eth was one of the best cryptos in here and always be like that (i hope it doesnt not be like ltc) bringing discovery and innovation
legendary
Activity: 2562
Merit: 1441
July 11, 2017, 04:47:45 AM
#13
Food for thought.

This chart was drawn by an economics professor named Jean-Paul Rodrigue & is widely used in finance/economics to depict stages of a bubble.



This is a six month chart of ethereum.



They look very similar to me. Although I could be wrong on that.

I've been saying ether is a bubble for weeks now & can't claim to be unbiased.
full member
Activity: 223
Merit: 100
July 10, 2017, 07:28:52 PM
#12
What happened to Ethereum anyways? This is an image of the price in a 12 hour timeline:


At $220 now, what even happened? At first when ETH took the market by storm, I was quite shocked to see an uprising crypto like this, and many started talking about ETH. Now that I started to learn more about it, this happens... not sure now, I would keep a safe distance for now and give it more time and patience.

Do you think it is a good time to buy now?

It's the same thing that's happening to all coins right now. The price of Etherium is still pretty high. It's around $191 on poloniex currently. But it might still be a good time to buy since it's had over a 15% drop for the day. Just don't be surprised if it drops more before it increases.
newbie
Activity: 10
Merit: 0
July 10, 2017, 07:11:47 PM
#11
All/most other coins are seeing this massive dive as well.
Main question is how far will it dive, that interests me.
legendary
Activity: 3038
Merit: 2166
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July 10, 2017, 07:07:24 PM
#10
Once again the alt coin market proves to be a bad hedge against a BTC drop :X

Still kinda disappointed that ETH got pulled down so strongly as well, I almost believed that ETH finally was an alt that managed to decouple itself from the BTC price. Same old, same old.
hero member
Activity: 1190
Merit: 525
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July 10, 2017, 06:58:23 PM
#9
You guys do realise that almost the same "crash" can be seen for Bitcoin in the last 12 hours, don't you? The same can be said for a lot of alts actually. I'm looking just at DOGE and LTC. Just goes to show that BTC still leads the way. You jump, I jump, Bitcoin!

Yes, same is happening with many coins. Almost all of them strongly dropping. Bitcoin is reaching $2300, maybe it's not the limit...

Nothing changed, Bitcoin is still on the command, controlling the market's movements and its clones coins.

I think it doesn't have relation to the hoax about ETH creator's death, there was already sufficient time to explain that wasn't true, everyone should be aware about it just by doing a quick search on Google.
sr. member
Activity: 588
Merit: 250
July 10, 2017, 06:46:27 PM
#8
Ether seems to be following the price of Bitcoin, as is normal for most altcoins (except Litecoin recently, for some reason). If you look at the Bitcoin chart, you will notice the same trend. This implies that ETH itself is not suffering a drawback, but simply lowering in price due to the fact that the bubble is officially popped and people are getting out of the market for the time being. You shouldn't worry too much about it, because it is more to do with Bitcoin than anything else.
legendary
Activity: 2912
Merit: 3603
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July 10, 2017, 12:37:19 PM
#7
You guys do realise that almost the same "crash" can be seen for Bitcoin in the last 12 hours, don't you? The same can be said for a lot of alts actually. I'm looking just at DOGE and LTC. Just goes to show that BTC still leads the way. You jump, I jump, Bitcoin!
sr. member
Activity: 336
Merit: 252
July 10, 2017, 12:19:37 PM
#6
What happened to Ethereum anyways? This is an image of the price in a 12 hour timeline:


At $220 now, what even happened? At first when ETH took the market by storm, I was quite shocked to see an uprising crypto like this, and many started talking about ETH. Now that I started to learn more about it, this happens... not sure now, I would keep a safe distance for now and give it more time and patience.

Do you think it is a good time to buy now?
Ether is/was an extremely overvalued coin. Come on $400 for a coin with a circulating supply of nearly 100 million and counting? Nah. Don't get me wrong I don't dislike Ethereum as a concept, and I like how it's different from bitcoin and using the blockchain technology to benefit other projects. But I just don't see it copying bitcoin price wise.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
July 10, 2017, 11:57:58 AM
#5
What happened to Ethereum anyways? This is an image of the price in a 12 hour timeline:


At $220 now, what even happened? At first when ETH took the market by storm, I was quite shocked to see an uprising crypto like this, and many started talking about ETH. Now that I started to learn more about it, this happens... not sure now, I would keep a safe distance for now and give it more time and patience.

Do you think it is a good time to buy now?
What happened was that a rumour circulated that the founder of Ether, Vitalik Buterin died in a car accident. All their investors panicked then the value dropped. I still think it was one of their competitors that created this fake news story.

I don't think its a good idea to invest in Ether right now. Perhaps it is more stable now but I would still not suggest it. And plus, there's so many new and exciting ICO's taking place. Some of them have real potential so why no broaden your mind, do some research and invest in those. Who know's what you could get out of it. Just a thought Smiley

Hope that helps.
No, Vitalik Buterin not died, this just is fake news from news on tabloid to attack mind user ETH and people not have knowledge and information to know this is really news or fake!

ETH dropping down just by some ICOs project starting selling ETH from crowd sales and all market at now are bearish trend in summer. Remember in summer not good time to buying, "Sell in may and go away" still exist for remind all people invest in summer can death and loss your funds
legendary
Activity: 1540
Merit: 1029
July 10, 2017, 11:21:12 AM
#4
Now that is a nose dive.
newbie
Activity: 45
Merit: 0
July 10, 2017, 11:18:13 AM
#3
What happened to Ethereum anyways? This is an image of the price in a 12 hour timeline:
https://image.prntscr.com/image/Zj8ZQB-dTAu2Tu1Xy8DUNA.png

At $220 now, what even happened? At first when ETH took the market by storm, I was quite shocked to see an uprising crypto like this, and many started talking about ETH. Now that I started to learn more about it, this happens... not sure now, I would keep a safe distance for now and give it more time and patience.

Do you think it is a good time to buy now?
What happened was that a rumour circulated that the founder of Ether, Vitalik Buterin died in a car accident. All their investors panicked then the value dropped. I still think it was one of their competitors that created this fake news story.

I don't think its a good idea to invest in Ether right now. Perhaps it is more stable now but I would still not suggest it. And plus, there's so many new and exciting ICO's taking place. Some of them have real potential so why no broaden your mind, do some research and invest in those. Who know's what you could get out of it. Just a thought Smiley

Hope that helps.
hero member
Activity: 798
Merit: 503
July 10, 2017, 10:50:38 AM
#2
What happened to Ethereum anyways? This is an image of the price in a 12 hour timeline:


At $220 now, what even happened? At first when ETH took the market by storm, I was quite shocked to see an uprising crypto like this, and many started talking about ETH. Now that I started to learn more about it, this happens... not sure now, I would keep a safe distance for now and give it more time and patience.

Do you think it is a good time to buy now?
newbie
Activity: 45
Merit: 0
July 10, 2017, 10:32:52 AM
#1
Ever since the scandal about the death of Ether owner, I cant exactly see much progress. Can I be wrong?
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