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Topic: Why are ETH prices falling sharply? (Read 320 times)

hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
September 08, 2018, 09:22:12 AM
#45
Because the ICO is no longer attracting attention from investors. For various reasons the ICO is dying, and if nothing changes then next time we will not see new ICOs. And for those successful ICOs, the last time they sold their ETHs was to profit and develop their projects. So the price of ETH has dropped dramatically from 500$ to 215$ at this time
newbie
Activity: 266
Merit: 0
September 08, 2018, 09:18:38 AM
#44
Who knows :(T he most important thing to keep in mind during slowdown is that it's normal for the crypto market to have negative years—it's part of the cycle.By staying calm and not making any sudden moves, you'll save yourself from becoming a bear's lunch. Like do not sell and do not buy. just be patient and wait till it will grow
hero member
Activity: 1655
Merit: 600
September 08, 2018, 08:51:31 AM
#43
ETH price has been increasing because of the strong demand to the ICO tokens. In the last couple of months, many projects are failing and investors began to lose a lot money. For that reason, less people are buying or holding ETH.
newbie
Activity: 126
Merit: 0
September 08, 2018, 08:48:46 AM
#42
I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?
Ethereum fall with so many reason behind it. Almost $300 that ethereum dropped compare to previous rate. Most of the ICO’s project claiming that more resources sold in EOS a very large ethereum amount in which rates sharply dropped.
newbie
Activity: 22
Merit: 0
September 06, 2018, 08:18:59 AM
#41
The drop in the price of ETH in March was due to negative issues that have recently spread. In addition, Google's ban on bitcoin advertising also affects the decline in Ethereum prices. Even the impact of falling bitcoin prices also has an impact on ethereum prices.
copper member
Activity: 210
Merit: 1
September 04, 2018, 07:19:53 PM
#40
I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?
There are many reasons for the ETH to fall dramatically, so within a few days, the ETH rate has dropped below $ 300. Many sources are claiming that there are many ICO projects in which EOS has sold a very large amount of ETH to investors making ETH rates drop sharply.
newbie
Activity: 125
Merit: 0
August 28, 2018, 12:59:49 PM
#39
on this question treason no one can give a clear answer. since no one expected such a sharp fall.
jr. member
Activity: 322
Merit: 1
August 20, 2018, 03:06:39 AM
#38
It is shaply going down because ethereum also and so as the other coins is affected by the price drop of bitcoin. It is a simple understanding. When bitcoin price falls, the next of it is the other coins and altcoins. Ethereum includes to that option.
hero member
Activity: 910
Merit: 512
August 20, 2018, 01:14:55 AM
#37
I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?
Lol, I think ETH is relying on ICOs too much. Maybe you should withdraw your money and wait for the price to drop down to $200 or below that and you can invest back your funds and wait till it goes back again. This is just for a little while, I believe that things will change very soon and the price of most cryptocurrencies in the market will go up.

Everything has dropped dramatically, I never expected even Bitcoin to drop down to $6000, this morning when I checked I was really surprised. But I’m not worried tho’.
sr. member
Activity: 645
Merit: 250
August 18, 2018, 08:05:01 PM
#36
One reason could be that ICO projects are cashing out their Ethereums for fiat for fear of not having enough capital to keep the project going.  It's understandable but it wouldn't be wise to cash out everything at the current prices. 
newbie
Activity: 31
Merit: 0
August 18, 2018, 08:00:40 PM
#35

Yeah, that's the trend in the crypto market.
So no wonder, eth is also following what's happening around.
If you are strong enough, you will not panic.
It's just another phase in crypto, and it's not new.
Just stick around and few months from now, the market would be different.


Yeah, I agree with you, sir!
Apart from what actually causes the Ethereum price to decline, all this is a trend in the crypto market, where prices will drop dramatically, but it will also rise drastically.
sr. member
Activity: 434
Merit: 250
August 18, 2018, 07:50:55 PM
#34
There are many reasons for the ETH to fall dramatically, so within a few days, the ETH rate has dropped below $ 300. Many sources are claiming that there are many ICO projects in which EOS has sold a very large amount of ETH to investors making ETH rates drop sharply.
jr. member
Activity: 171
Merit: 1
August 18, 2018, 07:44:50 PM
#33
I do not believe in my eyes when ETH drops below $ 300.
I went to find the cause and saw some pages talking about this because the ICO is selling out the ETH they mobilized from the investors. This has made the price drop dramatically.
What is happening to the price of ETH?
ETH is likely to drop to $ 200?

Yeah, I also don't believe to see the price of ETH falls down with a very low rate so far. But I am not sure if the dropped price will reach $200. The decline may be affected by bad issues in crypto world currently or it's just a market game. However, I believe this can rise again and reach a good rate at the beginning of next year.   
hero member
Activity: 2730
Merit: 588
August 18, 2018, 07:32:22 PM
#32
it's trite. the entire cryptocurrency market is falling.accordingly, the ETH is no exception....

Yeah, that's the trend in the crypto market.
So no wonder, eth is also following what's happening around.
If you are strong enough, you will not panic.
It's just another phase in crypto, and it's not new.
Just stick around and few months from now, the market would be different.
There's no special reason why eth is falling, almost all other altcoins or tokens do.
hero member
Activity: 867
Merit: 522
August 18, 2018, 07:24:18 PM
#31
I do not believe my eyes anymore, the ethereum price has dropped to $ 300. This is not good news for investors. I think the bitcoin price increase has made people abandon ethereum. They are selling ethereum to buy bitcoin. This is not a good thing.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
August 18, 2018, 07:20:33 PM
#30
Bad ICOs are selling their ETH to cash out raised money because they are in panic fearing that the price will go lower and they will loose all the money. I think ICO sold their ETH below $300 are scams because they don't beleive in crypto and sold in the dip.
it could be but i think that we must try to analyze the fundamental of ethereum itself. we must see if there will be a good news about ethereum but it gets dump and i think that's not causing by the ico was dumping their ethereum. it's likely those people are trying to jump to another altcoin platform. but it looks like the price of ethereum has rebound again. we will see that.
member
Activity: 574
Merit: 10
August 18, 2018, 06:50:15 PM
#29
I think that this is a temporary phenomenon and provoked such a collapse not so far as pawns, but people who have a huge amount of eth on their hands. It remains to wait until they play enough.
member
Activity: 420
Merit: 15
August 18, 2018, 06:48:40 PM
#28
Bad ICOs are selling their ETH to cash out raised money because they are in panic fearing that the price will go lower and they will loose all the money. I think ICO sold their ETH below $300 are scams because they don't beleive in crypto and sold in the dip.
jr. member
Activity: 154
Merit: 6
August 18, 2018, 03:49:16 PM
#27
it's trite. the entire cryptocurrency market is falling.accordingly, the ETH is no exception....
jr. member
Activity: 308
Merit: 2
Look ARROUND!
August 18, 2018, 03:45:30 PM
#26
Yes many ICOs are selling ETH because the bear market is prolonged than everyone originally thought, they don't wanna wait more and started selling it which has caused ETH price to drop significantly, but overall the market itself is suffering. Bitcoin is falling and other alts are crashing.
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