why do people lose confidence with ethereum?

ichai

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Quote from: Kemangi on August 25, 2019, 02:57:58 PM

why are people busy with ethereum? whether their trust has been lost. Isn't the rise and fall of coin prices on the market common? yes ... considering the market is bearish does not mean that ethereum prices will die and that does not mean that bitcoin will dominate the market forever.

come on stay enthusiastic, Let time answer. don't listen to FUD, if you are an old investor I'm sure you won't stop here. reconsider before you make a brief decision ... because ethereum is a high-potential altcoin, I'm sure they will soon rise from this difficult time.

In my opinion, falling prices do not mean that investors are losing confidence in ETH. As you can see, Bitcoin Dominance is now up to 70.9% and it is taking up a lot of market volume in recent days.
That makes ETH's price drop, because many traders think they will sell at a high price and wait for the low price to continue to buy.
That's the general sentiment right now, not everyone losing faith in ETH, we will see bull tremor again in 2020.

Samboo

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I always support ethereum and its potential is amazing. Ethereum team, technology, concept everything is amazing. Lately ethereum is getting a back seat. I do not the reason behind its downtrend. Price of any coin goes up and down. It is a common phenomena. May be ethereum has been affected by the market falling down.

tranduong123

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I just read an article about how the wallet that owns over 1/10 billion of Ethereum's supply has increased very quickly, which proves that people still care a lot about ethereum, so investors long-term on ethereum no need to worry.

leader2704

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Quote from: Kemangi on August 25, 2019, 02:57:58 PM

why are people busy with ethereum? whether their trust has been lost. Isn't the rise and fall of coin prices on the market common? yes ... considering the market is bearish does not mean that ethereum prices will die and that does not mean that bitcoin will dominate the market forever.

come on stay enthusiastic, Let time answer. don't listen to FUD, if you are an old investor I'm sure you won't stop here. reconsider before you make a brief decision ... because ethereum is a high-potential altcoin, I'm sure they will soon rise from this difficult time.

I do agree with you. ETH is incredibly good project, in booth short-term and long-term. I believe after they launched ETH 2.0, we will have to talk about them more.

leetcoiner

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Quote from: Tylev on September 07, 2019, 01:43:47 AM

Quote from: Lolox on August 30, 2019, 02:48:46 AM

If the coin no longer gives profit. People would prefer other coins to make a profit. And this is just like on Ethereum, this coin is experiencing very slow developments. Even now the resale value is declining and people are bored to wait longer.

Yes, I realize if not everyone like that and still many people believe in Ethereum. I personally still believe and long term investments with buying Ethereum, I suppose in the future will be profitable.

I see no reason to doubt the survivability of ethereum. In my opinion, this coin will be in demand for a long time. Now the ethereum network is really overloaded. This is primarily caused by the appearance of a stable USDT coin in it. After further improvements, the scalability of this coin should increase to several tens of thousands of transactions per second. After that, and look at the demand for this coin.

I believe that Ethereum will be in demand not just for long. This coin has a good chance of replacing Bitcoin as a means of payment.

Kvalentine

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Well its another definition of humans, we tend to lose confidence is anything that start to show signs of no assurance, only very few people in this world are strong when it comes to standing by something that have no guarantee of success.
1. ETH is not a new coin like new projects that can be abandoned at anytime
2. We investors are been updated about future eth upgrades
3. The ETH team are very different and hard working
These are enough for me not to give up on not only Ethereuem but other altcoin that are as strong as ETH too

Tylev

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Quote from: Lolox on August 30, 2019, 02:48:46 AM

If the coin no longer gives profit. People would prefer other coins to make a profit. And this is just like on Ethereum, this coin is experiencing very slow developments. Even now the resale value is declining and people are bored to wait longer.

Yes, I realize if not everyone like that and still many people believe in Ethereum. I personally still believe and long term investments with buying Ethereum, I suppose in the future will be profitable.

I see no reason to doubt the survivability of ethereum. In my opinion, this coin will be in demand for a long time. Now the ethereum network is really overloaded. This is primarily caused by the appearance of a stable USDT coin in it. After further improvements, the scalability of this coin should increase to several tens of thousands of transactions per second. After that, and look at the demand for this coin.

ciang huang

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in my opinion there are those who still believe that ethereum is growing and there are those who do not believe that ethereum is rising again, seeing the current market conditions ethereum is very sad once prices are getting down and I think investors are starting to move to invest in bitcoin with clear profits, ethereum for now very slow and not very convincing when it comes to prices

Rubick99

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I think people who lose their trust in ethereum don't know exactly about this altcoin. They just bought without knowing where the price will be at. Just bought lot of ethereum than hope it will moon soon. Its big mistake, its their fault, don't blaming the market, just keep learn to know, no more complaint with the price.

louisBSAS

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Quote from: Kemangi on August 25, 2019, 02:57:58 PM

why are people busy with ethereum? whether their trust has been lost. Isn't the rise and fall of coin prices on the market common? yes ... considering the market is bearish does not mean that ethereum prices will die and that does not mean that bitcoin will dominate the market forever.

come on stay enthusiastic, Let time answer. don't listen to FUD, if you are an old investor I'm sure you won't stop here. reconsider before you make a brief decision ... because ethereum is a high-potential altcoin, I'm sure they will soon rise from this difficult time.

Ethereum grew for a very long time in price and brought profit for all who stored it and traded it. And then he sharply began to lose value, after which there was a large outflow of investors from Ethereum. However, this situation is most likely temporary, and it can change for the better with the introduction of Ethereum 2.0 technology.

paynercash

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Quote from: Insomnia family on September 01, 2019, 10:46:54 AM

everyone must have their own reasons why they lose trust in ethereum, but I see many people have begun to lose confidence in ethereum since the bearish market and until now the ethereum price has difficulty increasing, many investors are hesitant to make investments because of ethereum conditions that never go through significant increase
in fact the current ethereum price condition can be used to buy ethereum at a cheaper price, ethereum is a big project that has promising potential for the future, I am sure one day the price of ethereum will rise again and we will get a big profit if it is able to survive until then arrived

I think so too. From the beginning of the year until now, BTC has increased many times. while ETH and XRP have increased very little. This makes investors nervous when investing in altcoins.

Insomnia family

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everyone must have their own reasons why they lose trust in ethereum, but I see many people have begun to lose confidence in ethereum since the bearish market and until now the ethereum price has difficulty increasing, many investors are hesitant to make investments because of ethereum conditions that never go through significant increase
in fact the current ethereum price condition can be used to buy ethereum at a cheaper price, ethereum is a big project that has promising potential for the future, I am sure one day the price of ethereum will rise again and we will get a big profit if it is able to survive until then arrived

cunguks

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Quote from: Milamol on September 01, 2019, 08:43:32 AM

Many different complex opinions. I think that everything is somewhat simpler. Many expected Ethereum to grow for a long time. There is still no such growth. In addition, ICO as an industry in decline, everyone knows. Therefore, people are disappointed in the coin. And it's not about Binance or other projects.

yes there is no other reason besides the weakening demand and ETH trading in the market now. One of the triggers of the increase in ETH requests is the ICO project, and now we cannot see that there are many successful projects and that makes ETH adoption also decreased.

Milamol

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Many different complex opinions. I think that everything is somewhat simpler. Many expected Ethereum to grow for a long time. There is still no such growth. In addition, ICO as an industry in decline, everyone knows. Therefore, people are disappointed in the coin. And it's not about Binance or other projects.

zero714309

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Many project launch with their own blockchain and another migration to binance dex. I dont know what going on but as i know so many project prefer to not use eth as platform. But we all know even people losing confident on etb but eth still in big 5 coinmarketcap. Lets watch in near future,one of the best will struggle.

jostorres

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Quote from: fosco333 on August 29, 2019, 09:49:20 PM

Quote from: Kemangi on August 25, 2019, 02:57:58 PM

why are people busy with ethereum? whether their trust has been lost. Isn't the rise and fall of coin prices on the market common? yes ... considering the market is bearish does not mean that ethereum prices will die and that does not mean that bitcoin will dominate the market forever.

come on stay enthusiastic, Let time answer. don't listen to FUD, if you are an old investor I'm sure you won't stop here. reconsider before you make a brief decision ... because ethereum is a high-potential altcoin, I'm sure they will soon rise from this difficult time.

From my opinion, peoples who lost confidence on ETH maybe because the ICO.
ICO usually operating using Ethereum coin and eth tokens as well.
Many ICO didn't meet the expectation of many crypto investors, and then the price dump.

We have seen many people on this forum preach of diversification to many people, and the reasons why it is bad to rely on one source of income, and I think that the effect of non-diversification and reliance on one source of income is exactly what is affecting Ethereum till date.

Ethereum has relied on ICO for too long as the only motivation for its value, but they forgot that they are in a competitive world where it would be impossible for them to have the monopoly of some certain section.

Aside competition as regards the same product they offer, ICO has been badly affected also because off the activities of scammers, which is why they are finding it difficult to rise again now and not the bitcoin dominance we are always tying it to. well, I see that they are trying to come up with something new in their Ethereum 2.0, let’s wait and see the effect of that next year.

jthor

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Everyone is waiting for the update very much and if it does not bear any fruit then surely everyone will be very disappointed and few will remain on the ego side. Now there are already a lot of projects that really work and it is difficult to stay on the market and be competitive.

Lolox

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If the coin no longer gives profit. People would prefer other coins to make a profit. And this is just like on Ethereum, this coin is experiencing very slow developments. Even now the resale value is declining and people are bored to wait longer.

Yes, I realize if not everyone like that and still many people believe in Ethereum. I personally still believe and long term investments with buying Ethereum, I suppose in the future will be profitable.

Layers318

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Quote from: jthor on August 29, 2019, 03:25:57 PM

I think this is due to the fact that technology has stepped far forward. And each coin offers something new. It’s already very hard to compete.

Of course, new projects with new coins on the market have set a tight market competition for Ethereum now. Now, masternode coins with use cases are winning the market due to the fact that most of them reward interests for as an investor holds them. For Ethereum to stay within the competition, the Team of Ethereum must restructure their service provision.

fosco333

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Quote from: Kemangi on August 25, 2019, 02:57:58 PM

why are people busy with ethereum? whether their trust has been lost. Isn't the rise and fall of coin prices on the market common? yes ... considering the market is bearish does not mean that ethereum prices will die and that does not mean that bitcoin will dominate the market forever.

come on stay enthusiastic, Let time answer. don't listen to FUD, if you are an old investor I'm sure you won't stop here. reconsider before you make a brief decision ... because ethereum is a high-potential altcoin, I'm sure they will soon rise from this difficult time.

From my opinion, peoples who lost confidence on ETH maybe because the ICO.
ICO usually operating using Ethereum coin and eth tokens as well.
Many ICO didn't meet the expectation of many crypto investors, and then the price dump.

Topic: why do people lose confidence with ethereum? (Read 758 times)