Topic: On this week Ethereum down almost 30% - page 3. (Read 1897 times)
This didn't affect ethereum only but most of the altcoins, bitcoin decreased a little bit as well but It totally make sense, the dominance of bitcoin increased however. The funny thing now is to look at all Ethereum supporters who was predecting a market flippening where all bitcoin users would switch to Ether instead, I believe the network issues that ether has killed their plans and predictions.
Earlier this week, GDAX, the digital currency exchange run by Coinbase, experienced a flash crash in its USD – Ethereum market. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. So now investors lost trust and now cashing their ETH because they don't want to lose their investment and don't want to be trap as well.
Had no idea this happened, sounds like a pretty good match to start a crashing fire. 
Well, another altcoin is going down too. I heard is from panic sell. But lets hope the prices will recovered again asap
Ethereum is a good way to speculate, but in the end it's all about fundamentals.
We are in a bear market, and people who like to play safe tend to choose the assets with the most solid fundamentals, which at the moment is Bitcoin.
We are in a bear market, and people who like to play safe tend to choose the assets with the most solid fundamentals, which at the moment is Bitcoin.
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.
Earlier this week, GDAX, the digital currency exchange run by Coinbase, experienced a flash crash in its USD – Ethereum market. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. So now investors lost trust and now cashing their ETH because they don't want to lose their investment and don't want to be trap as well.
What is the main reason behind. why Ethereum is down day by day what is the main reason
Reason behind every pump and dump is simply panic sell from newbie traders started with small price correction after some elite traders pull out their profit. 
What is the main reason behind. why Ethereum is down day by day what is the main reason
Jump to: