Topic: Rupture of ETH bubbles (Read 681 times)
it was a normal correction for the market and there is nothing in it unsatisfactory. have patience soon it will grow as the whole market
Not at all. The drop was caused by the ICOs that were fixing their profits in ETH. Imagine that almost every ICO is collecting their funds in ETH and are selling all collected tokens at one time. For sure, it will affect the price and we need more good news for ETH to recover.
I think this is the best time to buy Ethereum, I will even prefer it to go down more for me to accumulate more at cheap price. It's real that some people are manipulating the market but this won't go for long, so we should not be disturb at all
ETH falling is combined effect of the whole market decline, panic selling of ICOs, development delay , price correction etc.
ETH lost from it`s market share a lot, but it will recover when solve it`s issues.
ETH lost from it`s market share a lot, but it will recover when solve it`s issues.
The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
Not really a scam but unfortunate project to stuck in the outburst of scam accusations. I guess the 70%+ crypto industry runs on the smart contracts made by ETH platform. Now this makes one important sense here that it wont die so soon and wont become scam also. Most of the crypto projects are taking their payout in the form of ETH. Though recently all other options are also open for the ICO's to get funded then also majority of them are using it ETH as it is the master system in it and most of the people still fall for ETH only. Its just about the time when ETH will up rise along with the BTC too.
Why do you insist on this bubble thing? If you can establish a relationship between the bubble and the bubble, you can watch it remotely. Nobody is forced to invest.
The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
I think ethereum dont have relation with many scam project because its different developer team.
Its true ethereum price right now suffering drop more than 70% but ethereum still used by most token in market and its needed for paying transaction fee. I am believe ethereum price will recovery when cryptomarket recover again
This is indeed a shocking phenomenon. Many people did not anticipate this incident, but for Ethereum this could be a better start. Ethereum will continue to rise, but need to wait for the signal of Bitcoin.
Its gotta to be the most tragic for those investors who got in while the price of ETH were more then $500. To them this is the most embarrassing of all and they might not be going back unless they hold their ETH still today and may have plans to hold it til it got up to more than $1600. God knows when probably after 10 years.
The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
If you were saying that just based on the current market condition, then that can't be used as the indication on the future, cause the condition of cryptocurreny market is keep on fluctuating and we can't predict it in an accurate result.
I have know abut ETH before my joining to the crypto and it has not so bad results after so many years and crypto currency market's corrections. I believe in ETH's success and I am sure it will be able to replace BTC in the nearest future so be happy for this changing.
Indeed, the situation with ETH is very interesting. The coin loses its price, but the reason probably is that someone wants to either move ETH from second place or simply drop the price to buy at the lowest possible price, as soon as the trend is changed and all the Crypto currency will go up. But no matter how it was, I do not think that ETH has already outlived itself as a crypto asset, because of the usual manipulation of the market.
The ether will not fall more! These were manipulations that could not last forever. With the ethereum everything will be ok
Of course, the price of ETH is significantly different from the price that was in December last year, and many lost faith in it, so they started selling it, but personally I'm not panicking because the market is in a downward trend and the price of all coins has dropped significantly. Let's see what people will say when the market rebounds and the price of ETH grows ...
ETH is the worst asset from major altcoins for investors last time because ETH has been falling for all this year. It is nonsense ETH has broken out all the resistance levels and it means that ETH was incredibly overbought. Unfortunately I am still holding ETH with huge looses and I would not recommend anybody to buy ETH now. It seems me that ETH will continue its downtrend or perhaps ETH will be in a flat trend. ETH is too weak to grow in near time so I myself think th sell all my ETH and buy something more interesting. My roomer has already sold ETH with looses but I am hesitating but I am also tired to be in looses so I will probably sell my ETH in this week.
Ever say never! Ethereum could fall more than it is, but really who cares? Except for those who just want to end up panicking for no reason. This is one market that has really gained a huge ground and support and what affected ETH simply affected every other altcoins. Usually, the market is speculative in nature and that gives room for series of manipulations to at least throw out weak hands, but this is just a start as I believe we have not even seen the last of this market yet once it starts being demanded for hugely.
Patience everyone! ICO's are selling their collected eth.
I'm waiting for eth to touch $150 to $200
I'm gonna buy a truckload if it does hehe.
I'm waiting for eth to touch $150 to $200
I'm gonna buy a truckload if it does hehe. The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
of course there are many factors that occur, I don't think you can judge them from one side only. of all the analyzes I have done, everything is related to one another as you say, but the most powerful fact is because the market is always bound by bitcoin.
Investors do not buy ETH for participation in ICO. A teams want to get cash from the ether, till it's not cheaper. Now few investors, many startups. When get a new hype, and new money will go on the market to participate in ICO, then we will able a new growth. But we have to consider that there are NEO, NEM, EOS and other platforms.
I do not think so, I think for some reason, ETH has lost value. I believe it will rise again and rise even higher.
The very simple reason for ETH to drop is that a lot of ICOs sell all their ETHs to develop their own projects. This has caused ETH to fall from 500$ to 250$ in the short term. I guarantee after passing this stage ETH will quickly go up 1000$
The big whales are balancing on the stock market of crypto currencies. some times big balloons are deceiving us. And now we are the victims of it. I hope we will heal soon.
I do not think so, I think for some reason, ETH has lost value. I believe it will rise again and rise even higher.
The very simple reason for ETH to drop is that a lot of ICOs sell all their ETHs to develop their own projects. This has caused ETH to fall from 500$ to 250$ in the short term. I guarantee after passing this stage ETH will quickly go up 1000$ Jump to: