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Topic: is it now when ethereum is down? - page 5. (Read 1603 times)

hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
September 17, 2020, 05:47:08 PM
#81
today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
The ETH price follows the BTC market due to the high correlation between financial assets. The high cost of GAS was the reason for unstable crypto markets and the increasing demand for ETH. It is not the right time to buy ETH now, better to wait for another entry-level before the big bull run. I prefer to wait for the stable GAS fees with following the ETHGas station website and make my decision to send the transaction or later when the Gas fee is much lower than the current level.
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
September 17, 2020, 12:57:06 PM
#80
The problem now seems to be because the gas is too expensive so that the lack of people to transact through ETH makes ETH go down.
to reach $ 400, don't think so. I think ETH will reach $ 800 by the end of this year again
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
September 17, 2020, 01:56:20 AM
#79
natural ethereum drop in my opinion not only for ethereum but for other coins This decline occurred because there were bad neews yesterday and what I see now, that the market has started to return to green and ethereum rose slowly
It's not all about bad news. The high gas fee also causes people to sell Ethereum and trade it to another altcoin for transfers. They can't accept and attain the high fees.
It's one strategy if they're for the transfers.
Well, at this time it is even very difficult to conduct Ethereum transactions because of its huge feeble. however, the $ 400 price tag is very close and easy to get as gas from ethereum drops to become cheaper. Well, I'm pretty sure when the fees are normal, even those over $ 400 can be recovered.
sr. member
Activity: 2436
Merit: 343
September 16, 2020, 06:20:21 PM
#78
today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
Possibly there is another factor that brought that declining scenario aside from huge GAS fees. The delays of transaction confirmation are really disappointing and users would like to escape from the line rerouting it and use other cryptos that might respond (almost) instant confirmation. ETH demand started to slow down but it doesn't mean that they're turning to dump hard, no it keeps the momentum rise again if there is a change to heavy network traffic and also GAS fee adjustments.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
September 16, 2020, 05:04:40 PM
#77
natural ethereum drop in my opinion not only for ethereum but for other coins This decline occurred because there were bad neews yesterday and what I see now, that the market has started to return to green and ethereum rose slowly
It's not all about bad news. The high gas fee also causes people to sell Ethereum and trade it to another altcoin for transfers. They can't accept and attain the high fees.
It's one strategy if they're for the transfers.
legendary
Activity: 2534
Merit: 1338
September 16, 2020, 04:13:21 PM
#76
natural ethereum drop in my opinion not only for ethereum but for other coins This decline occurred because there were bad neews yesterday and what I see now, that the market has started to return to green and ethereum rose slowly
I would not be so sure about that, it may seem that ethereum may reach that price without any problem once again but I have my doubts, the DeFi hype is slowly dying down and if this continues then we may see an abrupt downward movement for ethereum as people panic and they begin to sell their coins in order to lock their profits or at least to reduce their losses, and while many do not want to see this happening it is inevitable, so if you can take advantage of it by shorting the market or at least by buying some cheap ethereum.
hero member
Activity: 1302
Merit: 501
Sovryn - Brings DeFi to Bitcoin
September 15, 2020, 12:28:09 PM
#75
natural ethereum drop in my opinion not only for ethereum but for other coins This decline occurred because there were bad neews yesterday and what I see now, that the market has started to return to green and ethereum rose slowly
sr. member
Activity: 1638
Merit: 339
September 14, 2020, 05:56:53 PM
#74
today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
In the crypto pump and dump is normal, so you don't need to worry about that. 10 days after you make this thread, ethereum increases again to $372.93 so easy for ethereum to reach $400 again. We talk about ethereum here, the top altcoins, so you don't need to worry about anything, and buy more is best move if the price down
sr. member
Activity: 2352
Merit: 245
September 14, 2020, 04:19:15 PM
#73
I don't think Bitcoin have really that huge impact on ETH.  Bitcoin had been going down for some days but ETH surge despite of that.  I think this is more on DeFi hype settling down and that outrageous gas fee.  It is also possible that buyer of ETH months ago is shorting, taking profit and moving it to other blockchain projects. 
Bitcoin does have a big impact on the price of ethereum. It is just that due to various factors of influence, the price movements of these two coins do not always occur synchronously. As long as Bitcoin has its current high level of capitalization, until then, it will directly or indirectly affect the price of almost all cryptocurrencies. Actually, I would like to see the cryptocurrency market without the price dominance of Bitcoin. If there are several leaders at once, then their price movements may even be the opposite, which means that, with some exceptions, there will often not be a pronounced bear or bull market. Does this mean that each altcoin will rise or fall in value only depending on its personal functional qualities?
sr. member
Activity: 1372
Merit: 252
September 14, 2020, 02:19:02 PM
#72
the reality that seen ethereum fell so far recently and the current movement is only able to increase slightly, I don't understand any of this could happen
I noticed when ethereum experienced a high rise it only lasted a short time It's better to look for other altcoins than just focus on ethereum
sr. member
Activity: 1386
Merit: 250
1XBit.com
September 14, 2020, 12:00:22 PM
#71
no need to be surprised by the decline in price not only ethereum bitcoin has also decreased, up and down it's a real situation so just use it for profit.And for the next few days I expect ethereum to hit $ 400.
With the decline in eth prices like now, of course this is a good opportunity for us as traders to buy eth at a fairly cheap price and of course it will be very profitable later when the eth price increases again, I think there will be an increase in eth prices. In the near future because and it is likely that the price will exceed $400, due to a very strong DeFi push of course will also have an effect on the upward movement of eth prices in the market.
sr. member
Activity: 868
Merit: 251
Sovryn - Brings DeFi to Bitcoin
September 14, 2020, 06:58:10 AM
#70
I really believe Ethereum will rise above $ 400 again. seeing the current situation bitcoin is going down to close the gap, after that the price will definitely go up soon. remember one trader said that when the price goes down it would be better if we buy more and sell it when the price goes up, not the other way around. remember don't panic then we will be successful.
the strategy was correct the most important thing is not to panic sell when market conditions go down then the ethereum price not down far The ethereum quality is still visible and I agree with you, ethereum will hit another $ 400 before the end of the year
sr. member
Activity: 1050
Merit: 256
September 13, 2020, 03:48:06 PM
#69
I really believe Ethereum will rise above $ 400 again. seeing the current situation bitcoin is going down to close the gap, after that the price will definitely go up soon. remember one trader said that when the price goes down it would be better if we buy more and sell it when the price goes up, not the other way around. remember don't panic then we will be successful.
full member
Activity: 714
Merit: 104
September 12, 2020, 08:19:11 AM
#68
I believe that the general market trend will improve, and then Ethereum can feel freer. At the same time, one should take into account the fact that due to certain failures with DeFi projects, the load on Ethereum dropped slightly and transaction fees on the Ethereum network decreased from $ 10 to $ 0.90, approximately. And this fact returns hope to those heads who began to doubt Ethereum.
full member
Activity: 565
Merit: 100
BountyMarketCap
September 12, 2020, 06:53:17 AM
#67
no need to be surprised by the decline in price not only ethereum bitcoin has also decreased, up and down it's a real situation so just use it for profit.And for the next few days I expect ethereum to hit $ 400.
sr. member
Activity: 714
Merit: 250
September 11, 2020, 06:36:27 PM
#66
You should not be surprise we expect rise and fall in ethereum price. Even before if there's a news we may see price rise or fall. If you observe the ethereum movement it will bounce and increase. Also I have hold some eth for long term.
sr. member
Activity: 1386
Merit: 250
1XBit.com
September 11, 2020, 01:31:14 PM
#65
today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
Although now there is a decline in eth prices, but I am not too worried and panicked because later eth will definitely experience price increases again when the market starts to normalize, and isn't it a good opportunity for us to buy eth at a price cheap so that it can increase the number of our investment assets? For a trader, rising and falling prices can always be a good opportunity. When prices fall we can buy cheaply and when prices are high it is the right time to sell eth.
legendary
Activity: 2534
Merit: 1338
September 11, 2020, 01:25:06 PM
#64
The reason of dumping is the unstable BTC market. ETH should easily move back to $400 even in the next few days. Two days max in my observation. It already has a good support at $290, so I do not see anything to panic with ETH if you are holding it.
I do not agree with this at all, this movement for the most part has been caused by DeFi technologies and Ethereum and it is easy to know this is true as those are the two sectors with the most growth while bitcoin lagged behind, the crash happened simply because it was inevitable, all the bubbles at some point crash and while no one knows exactly when that is going to happen it is important to try to guess it and get out of those assets before it is too late since in my opinion I do not think this is over yet.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
September 10, 2020, 09:47:25 PM
#63
of course the price of ETH will rise again in the future, but we don't know when exactly the time is, eth prices that have dropped recently, in my opinion, it is a game of investors with large capital who have sold some of their assets and make ETH prices fall 15%
ETH price has been in my prediction because after a high price, this coin needs a small correction to be able to rise again better. In my opinion, if you are choosing to invest in this coin, keep holding because the possibility of this coin reaching 500$ by the end of this year is very high. However, let time answer because there are no guarantees when investing in this market.
full member
Activity: 658
Merit: 100
September 10, 2020, 08:50:32 PM
#62
of course the price of ETH will rise again in the future, but we don't know when exactly the time is, eth prices that have dropped recently, in my opinion, it is a game of investors with large capital who have sold some of their assets and make ETH prices fall 15%
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