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Topic: Scammer Can affect the ETH price. - page 13. (Read 24564 times)

hero member
Activity: 1834
Merit: 523
December 07, 2018, 06:29:00 PM
It can affect to the ethereum price also. Because if the scammer have a lot of ethereum and they decide to sell it for sure the proce of the etjereum will dump the value. Remember scammer have a lpt of xoins because theu scam people with thousand of dollars.
member
Activity: 658
Merit: 10
Catena X
December 07, 2018, 06:27:46 PM
Sadly, so sadly. But I think that your statement may be true. Scammers are everywhere and they are too smart in utilizing the smart contract of ETH or other technologies. They know the chance of inviting the investors to them and then leave them with the coins that they already got. However, ETH is still in that very sad price, Looking at the price right now, it is very drastic dropped. I don't know it will need how many months to recover.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
December 07, 2018, 06:18:16 PM
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

The scammers you mentioned in your topic are the ICO project scam, right?. And I belive that the ICO scam project will dominate the price of ETH if the project is invested a lot of money by the investors. And the other thing that the ICO project has lost the belief about the market and will panic sell all ETH to cut loss.
copper member
Activity: 210
Merit: 2
www.daxico.com
December 07, 2018, 06:12:29 PM
l totally agree with you mate . there are lot project in the crypto space that have well structured project vision in dilllusion all these happens because there is no regulation of ico , and many bounty hunter promote this project in the name of been paid by the project token or coin as the case may be or even with ETh which also lead to many investors believe in such project. this act have affected the price of eth and eth is yet to maintain the second position on the coin market
jr. member
Activity: 104
Merit: 1
December 07, 2018, 06:08:01 PM
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

If associated, it seems reasonable that one of the reasons why ETH prices are falling is because scammers are increasingly carrying away the investors' money they collect during the fake ICO they run. Now we must be more careful in choosing projects that will be used as places of investment and sanction the perpetrators of scams.
member
Activity: 560
Merit: 16
December 07, 2018, 05:47:19 PM
Unfortunately, now the ethereum does not need the help of scammers to fly down , it successfully copes with this task by itself  Sad . Those who worry about the attack 51% can calm down. Eth blockchain is safe, because the largest part of its total network hashrate is gpu miners, which means its network is decentralized.
full member
Activity: 373
Merit: 100
December 07, 2018, 05:40:32 PM
 yes you are right but for me, the main factors that affect above all reasons are the massive dumping of the Ethereum holders including the investors who are afraid to lose further.
sr. member
Activity: 672
Merit: 250
December 07, 2018, 05:29:50 PM
I think that the price of the air is controlled by big players, their task is to minimize the rate and buy at the best price, then I hurry to sell the coins, I think then it can be made much more profitable. What do you think about the price reduction? What price should be on the air?
member
Activity: 490
Merit: 14
December 07, 2018, 05:24:53 PM
I think some hackers can affect eth price,because after hacking of exchange they can dump coins.
Also attack 51% can affect market as well
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
December 07, 2018, 05:17:41 PM
#99
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

I believe so because it losses the confidence of traders and investors to invest more due to the proliferation of ico scams. Now the problem proliferates day by day and no solution was provided, this is the sad thing in crypto world.
copper member
Activity: 392
Merit: 1
Change Your Worlds Build a New Era!
December 07, 2018, 05:08:32 PM
#98
If we take into account that most of the scammers create fake ICO projects and collect Ethereum, then I think it is quite possible.
member
Activity: 485
Merit: 12
$WPP $HyFi https://hyfi-corp.com/
December 05, 2018, 06:31:53 PM
#97
If the price is declining it is normal to short your coins to save it`s value somehow. The problem is when many do
this at the same time, then the price  crashes as ETH did. The bearish market had also its influence on this happening.
full member
Activity: 560
Merit: 119
December 05, 2018, 11:10:10 AM
#96
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?
You mean ICOs that are scammers? Because ICOs are constantly selling their collected Ether tokens so thats why price of Ether is still falling the whole year.
jr. member
Activity: 182
Merit: 2
December 05, 2018, 11:00:47 AM
#95
Yeah, it sounds this is one of the factors behind Ethereum price falling, many projects liquidate their funds and this caused Ethereum price dump
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
December 05, 2018, 09:46:37 AM
#94
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Yes, scammer will dump the ETH they stole because they only want quick money.
That is why we must take any way to do our own research before we want to enter a new project.
Another thing that made ETH price drop is because ICO companies want to sell their ETH to pay development fee of their project.
It's hard for us to find good projects, not dumping ETH to sustain their projects, Almost all projects are the same and they need funding to operate, so they will sell all to get as much money as possible
jr. member
Activity: 294
Merit: 1
December 05, 2018, 06:52:08 AM
#93
i think it is, this is a valid reason but totally sadly. i hope many of us will beware all we think is scammer. keep safe guys because of them we affect and eth we hold.
jr. member
Activity: 322
Merit: 1
December 05, 2018, 06:46:56 AM
#92
So. The last time a lot of purses, which turned out to be a fraudulent transfer their coins to Fiat and that is not very well reflected in Ethereum!
jr. member
Activity: 280
Merit: 1
December 05, 2018, 06:45:35 AM
#91
Of course, scammers really have the effect of ethereum because investors are few here today because they are losing their appetite that they might just scam their money when they invest in it.
member
Activity: 350
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 05, 2018, 06:40:58 AM
#90
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Yes scammers can actually affect the prices of a coin and ethereum is no exception from this. If people are losing their coins to scammers from a particular project then you can be sure that they are going to want to move away from that coin and people are not going to want to invest in them. it is one of the major problems we face as cryptocurrency investors
jr. member
Activity: 434
Merit: 2
December 05, 2018, 12:44:43 AM
#89
I guess I want to agree with you to some extent,these scammers has caused a lot of disorder in the crypto sphere causing a dip in the value of ETH especially.
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