On this week Ethereum down almost 30%

Herbert2020

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Quote from: oegarod on July 06, 2017, 12:55:15 AM

Though the price haven't shown much Signs of an increase, still it's over the $250 tag. So the price will start to increase and reach $500 by the year end which is the prediction of most of the ethereum users.

the fact that price of something is still over something doesn't mean it will rise. it may rise is different though. with the things that are going on with ethereum the chances of that "may" are very small.
and with all these ICO funds that are ridiculously big numbers and when they start liquidating these funds the chances of a crash become even bigger.

and since this is all speculation, you are working with this chances, and chances of a big crash is higher than chances of any kind of big rise.

and here is your "no sign of increase"

oegarod

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Though the price haven't shown much Signs of an increase, still it's over the $250 tag. So the price will start to increase and reach $500 by the year end which is the prediction of most of the ethereum users.

leyton11

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Quote from: flower1024 on July 03, 2017, 09:46:32 AM

Quote from: MRlong on July 03, 2017, 09:21:39 AM

Quote from: Strongkored on July 03, 2017, 08:25:58 AM

Quote from: bitcoin31 on July 01, 2017, 05:36:09 AM

Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

I hope so Ethereum price will recovery soon, but my prediction need more time to see this happen maybe need 3 month or more but Ethereum price will recovery.

With 3 months, not only Ethereum recovery, all altcoins on market and Bitcoin will comeback and rising up again as in May. Before this recovery, maybe we can see a huge issue about Bitcoin can breakdown altcoins and go to real value

I think no need to wait for 3 months to see big growth in eth, within next month the price will up. I don't know what the exact reason why the eth value down in market but because of bitcoin the eth value may go down. Let's wait for some time we will get good days. Don't get panic and don't sell your coins for a low rate.

Well, maybe the price will recovery and rising up in short-term, but I can't sure 100% the price can still alive with status about Bitcoin in next time. If investor scared the crypto market, they will withdraw their funds to FIAT and big breakdown will happening

Silberman

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Quote from: Casabrandy on July 03, 2017, 06:13:15 AM

Quote from: bitcoin31 on July 01, 2017, 05:36:09 AM

Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

Yeah. But sometimes great coins fall hard in the ground just like what happened last year due to the hard fork. I thought that ethereum will be dead already. Waves as well is dumping hard. I can't take to look on my holdings now on that 2 coin. I'm suffering great loss right now.

Did you bought at the top of the bubble? That is a very common mistake, but when you see a market that has reached incredible gains the only thing you can do is to wish you have been there and nothing more, if you try to join, you will be sure to lose money since whales will be now happy with their gains and will start to cash out, the only thing you can do at the moment is to hold and wait for a recovery and to learn from this mistake.

Monnt

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Quote from: Silberman on June 30, 2017, 11:05:55 PM

Quote from: gedor on June 28, 2017, 01:53:20 AM

It is not strange. Ethereum has risen %4000 in the last 3 month and you say it downed %30 which one is strange you think ?

Probably those that are worried are those that did not cash out and instead held thinking Ethereum could rise 8000% or more, I was not invested in Ethereum but if I was I would have sold long time ago, and then buy when the prices got cheaper once again, it was very easy to see it was a bubble and that it was going to burst but some people get blinded by their greed.

Of course people who have invested in the Etherium they will be worried about their investment and one should be worried for the investment in any of the alts or the bitcoin. I don’t find any greed in it. If investment and earning money is greed then you should leave all this and sit a side.

There are people who only earn money from the signature campaign and then behave like they are one the huge investors. We have heard it about the bitcoin as well that it’s a bubble and shit like that so was there any bubble? If it was then bitcoin price would be around $1500 today.

flower1024

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Quote from: MRlong on July 03, 2017, 09:21:39 AM

Quote from: Strongkored on July 03, 2017, 08:25:58 AM

Quote from: bitcoin31 on July 01, 2017, 05:36:09 AM

Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

I hope so Ethereum price will recovery soon, but my prediction need more time to see this happen maybe need 3 month or more but Ethereum price will recovery.

With 3 months, not only Ethereum recovery, all altcoins on market and Bitcoin will comeback and rising up again as in May. Before this recovery, maybe we can see a huge issue about Bitcoin can breakdown altcoins and go to real value

I think no need to wait for 3 months to see big growth in eth, within next month the price will up. I don't know what the exact reason why the eth value down in market but because of bitcoin the eth value may go down. Let's wait for some time we will get good days. Don't get panic and don't sell your coins for a low rate.

johnwest

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I think ETH got too much of a hyip going on in past and it was going to pop some day. The panic selling of new traders and investors is not new to the crypto world. As far as I have seen people still doubt on BTC, so it is normal for people to do panic selling.

MRlong

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Quote from: Strongkored on July 03, 2017, 08:25:58 AM

Quote from: bitcoin31 on July 01, 2017, 05:36:09 AM

Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

I hope so Ethereum price will recovery soon, but my prediction need more time to see this happen maybe need 3 month or more but Ethereum price will recovery.

With 3 months, not only Ethereum recovery, all altcoins on market and Bitcoin will comeback and rising up again as in May. Before this recovery, maybe we can see a huge issue about Bitcoin can breakdown altcoins and go to real value

tigershark

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Quote from: Vaskiy on June 26, 2017, 12:17:43 PM

Not only ethereum, if you make a market analysis for the entire altcoins you'll see most of the coins were almost down. This is just the normal happening and nothing specific. Maybe the panic is a reason and price growth with ethereum is simply big and now this will go even lower based on the experts prediction.

We could be in the middle of a correction for bitcoin and many altcoins that have had huge gains this year. It is to be expected after all these increases. I agree that it is normal and it's also a time to start buying if you can.

amaral1977

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This a very good exemple of emotions on trading...When ETH is bubling up (or any other coin) mostly on puré speculation about the bright future of crypto there are several people explaining and trying to rationalize it. so its the same here. speculate up, take profits down. simple and easy

Strongkored

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Quote from: bitcoin31 on July 01, 2017, 05:36:09 AM

Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

I hope so Ethereum price will recovery soon, but my prediction need more time to see this happen maybe need 3 month or more but Ethereum price will recovery.

Casabrandy

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Quote from: bitcoin31 on July 01, 2017, 05:36:09 AM

Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

Yeah. But sometimes great coins fall hard in the ground just like what happened last year due to the hard fork. I thought that ethereum will be dead already. Waves as well is dumping hard. I can't take to look on my holdings now on that 2 coin. I'm suffering great loss right now.

Ewinsane

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Quote from: xuan87 on July 01, 2017, 12:29:50 AM

Maybe the reason is because the whale and the elite is causing out the coin after a great rise last month and also there a lot of bad rumour about ETH lately, not only ETH that going down but almost all of alt coin is going down even bitcoin is going down, it has given the trader the hard time to earn profit and seems like we need to wait pass august to see improvement, I observe this few days there are not much improvement and the price keep sliding down

Yeah the elite have sold their coins because they get good profit of it and once again they will buy the coins at cheap prices. If we look at the price graph of almost all the cryptocurrency coins almost every coin has dropped its price value after the bitcoin price fall, I think the bitcoin is the mother crypto and the rest depends on the price and market of the bitcoin. By the way the price fall is not a new experience for the cryptocurrency.

hase0278

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Quote from: Singwala on June 26, 2017, 11:34:03 AM

What is the main reason behind. why Ethereum is down day by day what is the main reason

To be exact the main reason behind the ethereum fall we are seeing right now is that the price it has is all based only on speculations, and also because of the many ICO's that have occurred that accepts ethereum as payment. It is common with crypto though that dumps like these happen so I know it can recover someday but I think that it will go down more this week and the next coming weeks. I might be wrong though.

bitcoin31

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Ethereum is promising coin and I belive it will come again the price of 300 dollars each. Dont worry about it if the ethereum price down you had chance to buy more ethereum with low price. Dont sell your ethereum just hold it and keep buying.

arpon11

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There is no major reasons why Ethereum price keep fell except market prices correction in creating support and resistance pattern for taking profit or cut loses. Ethereum will raise again hope it touch $500 the next move.

PokerFace3

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Quote from: freedomno1 on July 01, 2017, 03:04:37 AM

Poloniex has not been the most consistent exchange that is for certain, they killed the trollbox but I still see Connection Error 502's a fair bit with that site.
CONNECTION ERROR Sorry, we're unable to connect to the server at the moment. Please try again in a few minutes.
That doesn't help stability of a coin when major exchanges are off for a while on a day to day basis.

Yes, in recent days my experiences with polo is not so pleasant. Some times back they were taking more than 24 hours to process withdrawal requests and now we are facing down time of services more frequently.

stomachgrowls

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Quote from: buxlover on July 01, 2017, 12:55:11 AM

These downfall and pump are common in cryptocurrency, Recent maintenance issue and large sale of eth made the downfall.

Once in a while such thing happens in all coins including bitcoins, maybe some big whale go frustrated or planned to bring down the price to gain profit.

Other reasons, GDAX and Coinbase poor handling server-loads

And one more silly rumor " Vitalik Buterin died in a car accident" Everything doesn't need to have a valid reasons, Just try to profit from it LOL Grin

That car incident its not really a valid reason but we can really say that it does somehow affect the price. Also to what happen on GDAX when theres a sudden dump of eth price down to 10 cents then rebound up. Im quiet frustrated on whats happening on eth ecosystem as of now and im sure those are ones of the reasons but majorly large sale of ETH and profit securing causing price decrease.

freedomno1

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Learning the troll avoidance button :)

Poloniex has not been the most consistent exchange that is for certain, they killed the trollbox but I still see Connection Error 502's a fair bit with that site.
CONNECTION ERROR Sorry, we're unable to connect to the server at the moment. Please try again in a few minutes.
That doesn't help stability of a coin when major exchanges are off for a while on a day to day basis.

karan1498

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more and more panic sell due to tx getting missing of some glitch last and last to last week .

Topic: On this week Ethereum down almost 30% (Read 1930 times)