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Topic: why ETH is getting down? - page 4. (Read 573 times)

hero member
Activity: 1862
Merit: 601
The Martian Child
March 03, 2018, 06:04:21 AM
#25
I haven't heard any negative news on eth too. So this is just a simple correction which is very common since many day traders are not holding there coins long term. Just hold it as it should rise soon. I also added more eth on my portfolio as I can smell alts pump soon.
newbie
Activity: 55
Merit: 0
March 03, 2018, 06:02:57 AM
#24
I haven't read and heard any bad news or something like that about ETH.
But actually i dont even worry and it doesn't really bother me that ETH price is going down.
Isn't this considered normal in crypto market cycle ? it is all about demand and kind of  reversal correlation with BTC, when BTC rising then ETH is going down.
member
Activity: 308
Merit: 10
March 03, 2018, 06:02:33 AM
#23
ETH/BTC ratio just went from 0.03 to 0.12 and now is around 0.8. Traders doing their job, now seems BTC turn to raise, ETH and other coins will follow soon
full member
Activity: 322
Merit: 101
March 03, 2018, 06:00:21 AM
#22
Well, in my opinion there are several factors why it falls. The first is because of the correction and it will not always grow, the second is that now everyone is selling ETH and investing in other coins, so time is needed and he will go up again
sr. member
Activity: 406
Merit: 250
March 03, 2018, 05:53:47 AM
#21
anyone know why ETH getting down?
is there any bad news on it?
If you create each time a topic with a price movement of 5%, then there will be a million of such topics. There are no major price changes at the moment. If suddenly the price really starts to drop significantly, then for me it will be a signal to buy.
member
Activity: 211
Merit: 10
BountyHunter|AirdropHunter|Pretty Girl Hunter
March 03, 2018, 05:53:02 AM
#20
In my personal observation, there's no bad news. It's just a reverse correlation with BTC. Probably many traders sell their ETH to buy BTC and ride it's train. Wink
member
Activity: 308
Merit: 10
March 03, 2018, 05:52:40 AM
#19

Because bitcoin is growing. When bitcoin grows - the altcoyins go down, it's been tested for a long time))
newbie
Activity: 168
Merit: 0
March 03, 2018, 05:50:41 AM
#18
The entire Crypto market capitalization fell and its no surprise that the price of ETHERUM plummet as the price is also associated with the market cap.

Etherum has good fundamentals and would remain and stay relevant in the Crypto market.

When the bull market gets back, you would see etherum doing exceptionally well.
full member
Activity: 854
Merit: 100
March 03, 2018, 05:49:47 AM
#17
I actually prefer it going down so I can buy later on.

The thing is they say that we are still in a bearish market so it should be the reason.
member
Activity: 210
Merit: 10
March 03, 2018, 05:48:38 AM
#16
anyone know why ETH getting down?
is there any bad news on it?
I haven't heard the bad news. I think this is due to the fact that soon should rise in the price of bitcoin and everyone began to sell Altcoins to buy bitcoin.
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
March 03, 2018, 05:46:56 AM
#15
I think there is no bad news, because of the ICO market bubble has disappeared, then the relationship between supply and demand imbalance, ICO team started selling ETH to cash funds, so I think this is the main reason causing the ETH price drop.
full member
Activity: 224
Merit: 100
The revolutionary trading ecosystem
March 03, 2018, 05:41:16 AM
#14
anyone know why ETH getting down?
is there any bad news on it?

It has grown well lately. The price of the etherium reached 0.122 btc. I think now just is a correction. But do not be discouraged. This year the etherium is expected to have a lot of news. I think we will see a good price increase!  Wink
member
Activity: 1022
Merit: 20
RiveMont
March 03, 2018, 05:36:52 AM
#13
There is no actual reason, Eth is good for long term holding, at the moment it is under bear pressure due to btc as btc is going upwards and its dominance is increasing so money from eth and alts is going to btc.
sr. member
Activity: 616
Merit: 262
March 03, 2018, 05:34:53 AM
#12
anyone know why ETH getting down?
is there any bad news on it?

Bitcoin dominance is going up that's why ETH is going down. Traders would want to take the opportunity to profit in the increase of bitcoin that's why it would be a big opportunity to sell their ETH or any other altcoins and then buy more bitcoin. If you observed in the previous bitcoin runs, altcoins go down when bitcoin is going up so if you observe that the bitcoin dominance is slowly going up, you better sell your coin also and buy lower or if your coin is already down then you can buy more to average down if you have more funds.
full member
Activity: 308
Merit: 101
FXPay.io
March 03, 2018, 05:34:36 AM
#11
I am not surprised by this kind of situation but the worries overshadowed my mind, usually investor interest will rise again and will make the price of ETH / USD able to rise, even penetrate the price more than that. I think the price of ETH is most stable compared to other coin.
full member
Activity: 364
Merit: 102
March 03, 2018, 05:24:46 AM
#10
The value of cryptos are very unstable because  it’s mostly given by supply and demand flows and these in turn are very influenced by irrational factors and exaggerated expectations and news.

Inflections like the one in theese weeks have been frequent throughout crypto's market history. Honestly, I think crypto market is bullish this year, only started bearish just to show you teeth.

Ethereum, follows the market sentiment. However it held more, on average cryptocurrencies, so hold and be patient.
full member
Activity: 256
Merit: 102
March 03, 2018, 05:13:15 AM
#9
No one knows but there was news of one of the developers getting annoyed about something, could be that.

Personally I think it is just the market at the moment. When BTC reaches like 13k again you’ll probably start to see more alts getting value. Right now most people are gonna be hesitant to sell their bitcoin while it is down in comparison to what they bought it at.

Could be what others have also said, EOS is nearing release of its own block chain and neo is going from strength to strength
member
Activity: 112
Merit: 10
March 03, 2018, 05:13:07 AM
#8
This year ETH will be moving to POS.. when that happens, there will be a strong bull run for ETH.

In the mean time, ETH is like a sleeping giant and will rise and fall with the entire crypto market.

Stay vested in ETH if you really believe in crypto.

i hold both eth and neo
jr. member
Activity: 143
Merit: 1
March 03, 2018, 05:12:00 AM
#7
Markets still recovering from the recent crash, it will flunctuate for some time but generally go towards an upwards direction. Just give it some time and it'll get back to where it was before. NEO definitely is the star recently...
Regardsless, be patient and strong!
newbie
Activity: 67
Merit: 0
March 03, 2018, 05:10:08 AM
#6
Maybe people are realising that there are better alternatives and they are getting in early before they moon. Ethereum has already shot up last year so this year it will be the turn of other smart contract altcoins such as NEO and LISK. Momentum is already shifting to NEO right now, LISK will happen later this year

Thanks for the opinion. I was also wondering the same thing. I might give NEO a chance.
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