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Topic: Scammer Can affect the ETH price. - page 4. (Read 24523 times)

full member
Activity: 602
Merit: 101
February 09, 2019, 12:12:04 PM
I will not argue with this, I think that here it is only necessary to agree with this, because most of the ETH coins that were earned by scammers today were simply sold and brought prices down.
jr. member
Activity: 266
Merit: 2
February 01, 2019, 05:29:59 PM
Of course they can and not only Ethereum. Scammers can affect the price of any other token. That's because their acts cause a loss in the confidence of investors which in turn lead to withdrawal of investments and ultimately leading to a collapse in prices.
jr. member
Activity: 319
Merit: 2
A nexgen decentralized ride hailing
February 01, 2019, 05:28:09 PM
Sure, scammers really after anything good they lay their fingers on, scam has affected all crypto generally and not etherum only but the amount of etherum being accumulated as scam is quite wide than the rest because of the ico tied to it..
copper member
Activity: 88
Merit: 0
CryptoMarketAds
February 01, 2019, 04:56:58 PM
I agree to you. Because the stolen coins from the hackers, especially big amount of coins, they would exchange it immediately to a low price, causing more panic selling price on the exchange.
sr. member
Activity: 980
Merit: 255
January 31, 2019, 06:29:24 PM
In principle, this is the picture we have seen the whole of 2018, as such fraudulent projects were very many, but of course the goal was not to lower the cost of Ethereum.

The main way in which fraudulent projects have affected the price of ethereum comes from the fact that many people are no longer investing in icos because they do not trust in them, which is completely understandable taking into account the huge amount of scams that we see in the forum, so people are not buying as much ethereum as they did before and with less demand comes a lower price.
full member
Activity: 532
Merit: 106
January 22, 2019, 09:14:28 AM
Ethereum, the second biggest cryptocurrency in the market was one of the most affected coins in the market when compared to all the other cryptocurrencies. The main reason is believed to be the sale of ETH by ICOs. Some believe that Ethereum has become the graveyard for ICOs and scams. In addition, most of the traders have already started to short their ETH with a belief that it is going to be under the bearish dejected growth for some more time.
full member
Activity: 1120
Merit: 101
January 22, 2019, 09:06:13 AM
This is very likely with an immediate potential currency that has been targeted by many scammers and with their purchasing power and impact on Ethereum's price is still a slight increase, not yet seen. any good sign is too high from ETH  Roll Eyes
the effect of the scammer is not only on ethereum prices, we can see, this situation affects the overall crypto market condition. the market does not move much, but there is little trading volume and does not increase significantly. this will be very difficult for the crypto market growth.
member
Activity: 348
Merit: 10
January 22, 2019, 09:02:39 AM
I think that only the amount of ETH that they received by the Scammers is why it is the only way they can lower prices for ETH, because they will sell at once in large quantities.

This is very likely with an immediate potential currency that has been targeted by many scammers and with their purchasing power and impact on Ethereum's price is still a slight increase, not yet seen. any good sign is too high from ETH  Roll Eyes
full member
Activity: 854
Merit: 102
PHORE
January 22, 2019, 08:56:32 AM
I think the effects of false news or promotion promotions that have taken the name of eth can affect this price because the holders and investors in the ethos may lose confidence but it depends if other people will or make a word that is not true of eth and one thing I know is why the fall and price of ethanol is in our mind that the bitcoi price increases all the coinmarket coin and when the price of bitcoin falls all the coinmarket coin prices and other people here believe in ethical news releases that have a new update eth it is eth v.2 called so many many wonder this new news so much The research and many reviews of this project and the review period on that project have discovered that the new update is a fake or scam.
hero member
Activity: 966
Merit: 500
January 22, 2019, 08:30:25 AM
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?
In 2018, a vicious circle has formed, and many project parties immediately sell ETH after raising funds.
full member
Activity: 700
Merit: 101
January 22, 2019, 07:45:41 AM
of course this has a great effect, some scammers have a very large effect on changes in ethereum prices, although many scammers also cause ethereum prices to change.
jr. member
Activity: 406
Merit: 1
January 22, 2019, 07:33:52 AM
You are absolutely right i being hearing alot of scamming im ethereum and is now i see it affecting the price and people are dumping it .
member
Activity: 490
Merit: 10
January 22, 2019, 07:23:30 AM
It seems to me impossible. For in order to crank up such a manipulation to a scammer, a lot of ethereum will be needed to at least influence the course.
full member
Activity: 924
Merit: 106
homt.net
January 22, 2019, 06:30:03 AM
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?

That is true.
There are two type of scammers.

1) ICOs that collected enough Ethers from investors and after fake ICO sale they dump their collected Ethers.
2) Scam forks, like Ethereum Nowa, Ethereum Classic Vision that are stealing private keys from Ether holders.

They have enough Ethers to dump the market. Drop from 14000USD to 100USD was caused mainly by ICOs Wink.
jr. member
Activity: 518
Merit: 4
January 22, 2019, 06:24:04 AM
There are a lot of reasons behind etherum dump, but you are right about the scammers they are the major reasons behind the dumping started from last year. A lot of ico make a lot during the ico shit but hopping for a rise in price but their mate are busy dumping theirs so they joined them, hunters also dump same as investors and everyone who can't wait.
jr. member
Activity: 406
Merit: 3
January 22, 2019, 06:11:07 AM
I think the rise and fall of ETH prices has a greater impact on demand in the market, if this scamer only affects investor confidence in the sense that when the ico project that uses the ETH platform ends with this SCAM that makes investor confidence lost.
jr. member
Activity: 238
Merit: 1
https://www.empirehotels.io
January 22, 2019, 06:03:56 AM
It may have been difficult to identify scammers before, but now it is easy to do so as investors choose projects very carefully, not so before when the market was stable. The main thing I think in the project is opening a team of project developers who are constantly in touch and shows their faces. I don't think the scammers will be able to influence the price of ETH as they collect very little money.
jr. member
Activity: 434
Merit: 1
Pozess - The Photo Sharing Fashion Marketplace Tha
January 22, 2019, 05:57:32 AM
That's right, many scammers took advantage of the Ethereum platform capabilities, after which the coin began to feel unsure about the market!
legendary
Activity: 1267
Merit: 1000
BabelFish - FISH Token Sale at Sovryn
January 22, 2019, 05:16:22 AM
Its true that ETH price falls when ICOs sell their ether in market. But we cannot blame them because to
kick start the project they need to convert crypto into fiat money.
member
Activity: 560
Merit: 10
January 22, 2019, 05:15:06 AM
I think scammers in a way affect the price of ETH but not by selling the accumulated funds generated from the scam ICO. The investors who are scammed tend to fear investing in crypto again which decreases their demand and hence causes a dump in it's price.
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