WHAT HAPPEN TO ETH??? touches below 300 USD!!! - page 4.

mbally

newbie

Activity: 98

Merit: 0

Quote from: sinachy on August 26, 2018, 12:21:06 PM

What do you expect? where majority of the crowd sale is been done with eth on the ethereum network, so it means when the price is going down, more of these people will be dumping their eth to raise money for their project building. So i am not surprised the price went down that low, eth price went high because ICO investing was booming, but now many people are scared of investing in an ICO, so much no much are buying eth rather much people are selling it.

I have to agree with you on this one, it is high time most of these project should focus on other platforms for their crowd funding. most of them still use ethereum because they can easily copy already existing smart contract code and paste, the moment more of these ICO starts using other platform for their ICO, the better for the crypto space.

NEERAJ ANAND

member

Activity: 686

Merit: 13

ETH is the same situation which comes in oct 2017 when it was the same price at a current price but raised from that level to 1400$ in next 3 or 4 months this type of situation is good buying for long team investor.

Ahmodinho

jr. member

Activity: 86

Merit: 1

Its condition of ether is very bad in the market now . I don't seems to understand anymore but I believe its an opportunity to bag some ether to my portfolio

Naitik

member

Activity: 714

Merit: 11

It is not so sad news for the holders if they can hold for a long time. The main reason is a ico company dumped all its ether that's why it is down now. the ICO company has one of the biggest stock of ether.

santiPOGI

full member

Activity: 1004

Merit: 111

Seems like Ethereum is having a pump and dump.
there are whales who are just bagging more coins and once done everything will be back in normal.
Maybe not just normal but a good rise.
Things are crazy in cryptocurrency if you dont know the basic knowledge here and the maze of market
you will suffer a panic attack.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: sinachy on August 26, 2018, 12:21:06 PM

What do you expect? where majority of the crowd sale is been done with eth on the ethereum network, so it means when the price is going down, more of these people will be dumping their eth to raise money for their project building. So i am not surprised the price went down that low, eth price went high because ICO investing was booming, but now many people are scared of investing in an ICO, so much no much are buying eth rather much people are selling it.

if you think ico is not booming, how many new projects still appear? so I think your argument is not right, because to invest in ICO, we don't have to use eth, it can be with BTC or BCH, so in my opinion what happened with Eth is not merely because of the lack of ico.

DoctorX

copper member

Activity: 85

Merit: 0

The most difficult question for me is how long will this situation continue in the market? I was very counting on the fact that in summer there will be a long-awaited rise in the price of crypto-currencies ... but unfortunately the price of crypto-currency has continued to decline. For many, this situation is a real catastrophe.

iamreal

newbie

Activity: 168

Merit: 0

I think what happened to eth is that many people are no longer investing in ICO's and this month alone, many ICO postponed their ICO date, so there is no much demand for eth in the market rather there was a massive sell of, that's why the eth price went down so low.

sinachy

newbie

Activity: 182

Merit: 0

What do you expect? where majority of the crowd sale is been done with eth on the ethereum network, so it means when the price is going down, more of these people will be dumping their eth to raise money for their project building. So i am not surprised the price went down that low, eth price went high because ICO investing was booming, but now many people are scared of investing in an ICO, so much no much are buying eth rather much people are selling it.

vallydelly

jr. member

Activity: 336

Merit: 2

Eth has been down to below $300 and it's so surprising to me how the price went down so low like that, I think the price went down so low because most of the ICO company started selling off their eth which has made the eth price to went down that low

timmmers

sr. member

Activity: 1176

Merit: 265

Past ICO projects are selling their Ethers to get real money to finance their development.
That is why price is falling - there are many sellers, many big sellers. Maybe if we are in a bull market ICOs will not sell their Ethers but hold them - that is why Ethereum didnt fall in 2017.

sithuleee

newbie

Activity: 110

Merit: 0

It has come down to the support level. This is the last known good support level that we can see. We can keep hopes that the price will not go down breaking this level.

Gabri

sr. member

Activity: 856

Merit: 250

The market correction is still ongoing, so you just have to wait for it to end. It will end and we will see normal prices for cryptocurrency again. You just need to wait and, if possible, buy Ethereum

pingye84

newbie

Activity: 16

Merit: 0

Recently the market is unstable and the current price is not necessarily the bottom. We must be cautious in investing.

Radio-Active

member

Activity: 523

Merit: 10

YOUC - https://www.youengine.io/

Quote from: anjho.ace on August 13, 2018, 12:55:23 PM

WHAT HAPPEN TO ETH??? touches below 300 USD!!!

https://www.ccn.com/newsflash-ethereum-price-falls-below-300-pummeled-to-9-month-low/

A sell-off sent the ethereum price plunging below $300 on Monday, forcing the second-largest cryptocurrency to its lowest mark in more than nine months.

Ethereum had traded as high as $323 earlier in the day, but a flurry of sell orders began to pummel the market at approximately 15:00 UTC, driving ETH closer and closer to $300, a level it had not touched since 2017.

what do you think? it will rebound today or will fall more?
A really sad news for holders.

Nothing happened, just some whales sold their ETH maybe. There are some rumors about the falling of altcoins is because bitcoin ETF.
Crypto market has been in the bottom from Q2 of this year. I think it is about the time for market recover. Patience is required to not panic.

oceana

newbie

Activity: 43

Merit: 0

What happened to ethereum at this time made me disappointed, but this is the crypto world, we cannot make a definitive analysis because everything goes according to market interest, for me this is when eth struggles to get back up and potential as a long-term investment, because many new altcoins that have sprung up and want to rival eth.

princebridge7

newbie

Activity: 177

Merit: 0

everything is normal because Bitcoin also loses its value.
all altcoins are in Bitcoin, so Bitcoin is the key to all the rise and fall in cryptocurrency prices.

EHT7500

member

Activity: 350

Merit: 15

I think today there is a difficult and unpleasant situation for many. The cost of ethereum is less than $ 300. And does not want to go up, but only falls every day. Where and when is the bottom?
I really hope for growth in the near future.

moneytronics

copper member

Activity: 70

Merit: 0

The New Pharma-Centric Marketplace

Now the crypto currency market is in a very difficult situation and I would not be surprised if the price of the ethereum drops even lower and reaches a price of $ 200 for one ethereum.

jashley

member

Activity: 280

Merit: 10

Quote from: anjho.ace on August 13, 2018, 12:55:23 PM

WHAT HAPPEN TO ETH??? touches below 300 USD!!!

https://www.ccn.com/newsflash-ethereum-price-falls-below-300-pummeled-to-9-month-low/

A sell-off sent the ethereum price plunging below $300 on Monday, forcing the second-largest cryptocurrency to its lowest mark in more than nine months.

Ethereum had traded as high as $323 earlier in the day, but a flurry of sell orders began to pummel the market at approximately 15:00 UTC, driving ETH closer and closer to $300, a level it had not touched since 2017.

what do you think? it will rebound today or will fall more?
A really sad news for holders.

It meas a perfect time to buy for those who are really looking to hold ETH for me it is pretty normal because in the future there is only one way for cryptocurrencies which will go up and up. Goodluck everyone.

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