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Topic: Market END or MANIPULATION? - page 2. (Read 408 times)

member
Activity: 560
Merit: 16
September 16, 2018, 08:25:25 AM
#28
Unfortunately, manipulation is very much happening. I'm curious about the bad days behind this issue will be a lot of people give up. So what is going to happen ? Are new players coming? It never looks like it  Huh
member
Activity: 378
Merit: 10
September 16, 2018, 05:08:08 AM
#27
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
This is due to volatility of cryptocurrency market as all prices may swing without a valid reason. All crypto were suffer the drop of prices not only ETH it happens also on bitcoin. Indeed the fall of prices gives the other investors a chance to buy at lower price and control the market if they will buy huge amounts of coins. If you have money you can control the market and become a whales. Money is powerful weapon to control the situation. 
member
Activity: 420
Merit: 15
September 16, 2018, 04:50:23 AM
#26
Of course, this is the manipulation of the hands of large people who own a large amount of bitcoin. I believe that this will end soon.
Agree, mainpulation of whales to buy more cheap Bitcoin, Etherium and other promising altcoins. I hope they will pump the crypto after they've collected enough baggage for them.
full member
Activity: 434
Merit: 100
September 16, 2018, 04:46:51 AM
#25
Of course, this is the manipulation of the hands of large people who own a large amount of bitcoin. I believe that this will end soon.
newbie
Activity: 89
Merit: 0
September 16, 2018, 03:37:15 AM
#24
The rise of Ethereum is caused by ICO, but now the decline of Ethereum is also closely related to ICO. When a large number of ICOs use ETH to collect cash, this will happen!
hero member
Activity: 1246
Merit: 529
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September 16, 2018, 03:27:07 AM
#23
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
No, it was not because the Ethereum network is having some problem in terms of scalability which was also confirmed by their CEO and was the cause of Ethereum pumping the 85% you mention. Although, still gain the heart of ICOs owner but not investors and crypto trader.

Well what happened to btc happened to eth after hitting their respective aths it seems. But does it warrant panic about the end? I don't think so. As we're seeing the market now, btc is holding strong around the 6.5k level while eth has just jumped back abive 200usd. Good days are coming.
hero member
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September 16, 2018, 02:41:14 AM
#22
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
No, it was not because the Ethereum network is having some problem in terms of scalability which was also confirmed by their CEO and was the cause of Ethereum pumping the 85% you mention. Although, still gain the heart of ICOs owner but not investors and crypto trader.
sr. member
Activity: 1274
Merit: 263
September 15, 2018, 07:32:31 PM
#21
Ethereum is most potential coin in 2018. Dropping price is only temporary and the market will recover again and ethereum and bitcoin will increase the value very high. The market will recover like what we believe . Market will start to pump again if we still everyone buy more coins and ofcoarse ethereum because it is very potential coin for now.
sr. member
Activity: 896
Merit: 290
September 15, 2018, 06:39:21 PM
#20
Name: No_more_cheaters
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: April 15, 2018, 09:20:15 AM
Last Active: Today at 10:01:20 AM

 Huh

LoL...throw-a-way account much??

He/She has some heavy bags of ETH, no doubt

It is possible there is manipulation yall, the big dip to $180 was only AFTER bitmex introduced the eth swap and Arthur Hays says "Hey, this is your best chance to punt ETH", what he meant by that can be interpreted many ways...

https://www.trustnodes.com/2018/09/12/bitmex-accused-of-manipulating-ethereums-price

But as for ETH's future?....there is literally billions of dollars of ICO money built on top of the platform. That alone would help me sleep at night if I had a big bag of ETH.
sr. member
Activity: 2044
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September 15, 2018, 06:30:16 PM
#19
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
There is no stable coin I think because every coins is following the trend of bitcoin. The dump is normal aftet reaching the peak, we should not panic. This kind of drop will continue in the future, learn from this one now and see the opportunity of buying cheap coins.
hero member
Activity: 3038
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September 15, 2018, 05:58:35 PM
#18
how can ETH, which was supposed to be a "stable" coin
ETH as a stable coin? it is not a stable coin, USDT is.

I assume he meant "stable" in the sense that high-cap coins are less volatile than low-cap coins, which is true. But I would always expect ETH to be more volatile in both directions than BTC.....I've been using it as one of my gauges for overall altcoin sentiment for the past couple years.

Anyway, 85% is nothing out of the ordinary for an altcoin. Bitcoin has had bigger drops from its ATH in the past. 2014 was slightly worse than that.
I wonder why this hasn't been moved to Altcoin's.

It seemed to recovered a bit today if that's what he meant about calling it as a stable coin. Like what we call about bitcoin as stable than the rest. I agree that bitcoin had bigger drop than this and its just a normal drop since we get used to it.
legendary
Activity: 1806
Merit: 1521
September 14, 2018, 02:43:05 PM
#17
how can ETH, which was supposed to be a "stable" coin
ETH as a stable coin? it is not a stable coin, USDT is.

I assume he meant "stable" in the sense that high-cap coins are less volatile than low-cap coins, which is true. But I would always expect ETH to be more volatile in both directions than BTC.....I've been using it as one of my gauges for overall altcoin sentiment for the past couple years.

Anyway, 85% is nothing out of the ordinary for an altcoin. Bitcoin has had bigger drops from its ATH in the past. 2014 was slightly worse than that.
legendary
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September 14, 2018, 02:35:11 PM
#16
Name: No_more_cheaters
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: April 15, 2018, 09:20:15 AM
Last Active: Today at 10:01:20 AM

 Huh

how can drop that much the price? absolutely nonsense

When people do ICOs, after the ICOs they sell their ETHs to convert to Fiat. another thing, bitcoin is falling, so the ETH price is also going to fall, another reason is because it is not having many ICOs because governments are imposing tough regulations against ICOs and as we have many ICOs created by scammers, people are staying away from ICOs. put it all together then you will understand that it is understandable that the ETH price is falling
full member
Activity: 980
Merit: 114
September 14, 2018, 02:20:09 PM
#15
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
I also get disappointed about the ways this market is dropping and it is really frustrating.  I hold some coins and tokens that has gotten dumped of about 90% since January.  I don't know if this is the end but I believe strongly that some people are manipulating the price of cryptocurrencies.
full member
Activity: 644
Merit: 107
September 14, 2018, 12:59:49 PM
#14
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
It is possible to go down, the same class of Bitcoin has also decreased, especially at very sharp ETH, but I think it's okay for ETH rather than Bitcoin, in principle basically every coin will play or descend on this market, very unique price fluctuations it often makes people panic and is not strong on such rapid movements, it is also very likely that many people sell it on a large scale whether it's manipulation or whatever, which is clearly successful has made most people panic and sell.
newbie
Activity: 56
Merit: 0
September 14, 2018, 12:23:20 PM
#13
Be very careful with ETH. Like other altcoins, it has crashed way more than bitcoin.  This up reaction might be exhausted. The trend is down. It has a very attractive support price at 140-145 usd.
legendary
Activity: 3430
Merit: 1548
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September 14, 2018, 11:59:50 AM
#12
There is no such thing as stable coin. Bitcoin has its ups and downs and price fluctuates every time, so Ethereum also has its ups and downs and price fluctuates every time, this is normal in the markets of Cryptocurrency. And I do not believe that the market of cryptocurrency will end.
jr. member
Activity: 242
Merit: 1
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September 14, 2018, 11:56:05 AM
#11
yesterday the ETH price reached the lowest price this year, yesterday the ETH price dropped below $ 200. the price of ETH is lower than expected.
now the price of the ETH has begun to rise, but do not rule out the possibility if the price falls below $ 200, because the downtrend is happening now.
copper member
Activity: 2940
Merit: 4101
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September 14, 2018, 11:20:43 AM
#10
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense

You say it yourself, it was supposed. Between theory and practice, there can be a great difference, especially in crypto. A supposition is not much different than speculation. Ethereum is, at some level, overhyped by the ERC20 token. Ethereum also has (or had) a scalability issue. And to be honest, Vitalik is not really good to be the leader of such project (I am not saying I am)
sr. member
Activity: 686
Merit: 264
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September 14, 2018, 10:44:06 AM
#9
how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
The price of bitcoin fell since the beginning of this year this is not due to the manipulation this is happening because of the investors who wants to cashout their money when it reaches very high prices so it keeps continue to fall from that but the whales maybe initiated this but panic sellers caused the prices to fall very much and ethereum also fropped due to the same reason and its growth maybe stable but it is not a stable coins.
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