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Topic: Why is Ethereum market value going down? - page 6. (Read 1014 times)

legendary
Activity: 1204
Merit: 1004
I think the crypto market is always acting like that, if you are smart enough then you should take this opportunity to buy low so you can sell high later this year. If the price only goes up then nobody will buy because it's too risky.
hero member
Activity: 756
Merit: 500
I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.
Ethereum is going down because Bitcoin is going down. Anytime the price of Bitcoin goes down, it also affects other cryptocurrencies, so that’s what is happening. But to be sincere, sometimes I get confused on this issue, I don’t really understand why other cryptocurrencies should be going down when one is going down, does it mean that people start withdrawing their funds from other cryptos when they see that the price of Bitcoin is going down? Well, whatever.
sr. member
Activity: 1624
Merit: 267
I think they have some effect why the price of ethereum are decreasing the price because the price of the bitcoin decreasing. But as of now because the price of the bitcoin increasing again the price of ethereum increasing again . We need to buy more ethereum because we know the price of the ethereum increasing again and it will continue again the pumping. Better to have more ethereum because you can get more profit for sure...
full member
Activity: 602
Merit: 100
I think it is due to difficulty cryptocurrencies is facing from the scammers which is discouraged people from investing into altcoins and icos projects and this in turn affect ethereum's price. We only need to improve on creating trust in other to be able to used cryptocurrencies. Ethereum is going to improve in days to come and we just need to create more confident on it technology.

Commonly, we should always think that when it comes to fluctuations especially in crypto this is really natural. There are many factors affecting the price of the coin and this will always connect to supply and demand. Moreover, ETH has been improving so probably we can expect more development about the system.
sr. member
Activity: 588
Merit: 253
The ETH will now begin to rise. The summit will be approaching in June-July.
full member
Activity: 462
Merit: 100
I do not think it's just the ethereum that goes down but all the coins down, maybe because the bitcoin price also goes down which has a big impact on other coins but I do not think because bitcoin prices go down, probably because it bans crypto ads on the world's top sites that affect all coin prices.

Currently, all the coins are swinging, and their market capitalization is reduced or little bit going high. I bet on this summertime - hope it will be the period when the market will go up.
newbie
Activity: 91
Merit: 0
I think it's because of the FUDs because crypto is very sensitive on fuds even fake news can actually dump alot but of course sometimes other fuds is not that affecting.
hero member
Activity: 924
Merit: 500
I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

there are some who make the price of all the coins collapsed, one of which bad news that invaded the world of cryptocurrency that eventually make the price to collapse to the very cheap price. if the bitcoin price goes down then it is certain that other cryptocurrency prices will also decrease whereas if the bitcoin price rises then the coin price of cryptocurrency will also rise, so in my opinion it is some that keeps the price of ethereum down, but I see now the price of ethereum has started to recover price.
legendary
Activity: 1554
Merit: 1054
I think it is because of Bitcoin price because i think Bitcoin price is impacting all over the market almost all coins are at the lowest price and some ICOs Token are at the loss just because of the down price of bitcoin because all market is depending on bitcoin price that is why Eth and other market is in loss trend,
It is not only the market value of ETH which is falling down now-a-days. In fact, the market value of almost all the crypto coins arefalling and that is because of the decrease in the demand of the crypto coins in the international market and due to the ban of the crypto currencies by most of the countries. We need to pray and hope for a positive change in the market in the coming days.
Yeah, virtually all the markets if not all, had a red moment throughout, however OP must have been holding mainly Ethereum or focused more attention on Ethereum just the same way some newbies must have focused more attention on bitcoin. It is the normal state of the market to have corrective situations that would affect the whole market. it is not only about cryptocurrencies, it affects stock market too, but for those who may be new to market situations in general, they get worried easily to think volatility is only restricted to cryptocurrencies. Ethereum might need to face tough competition against bitcoin blockchain based dapps and unlimited supply must be another obvious reason.
hero member
Activity: 882
Merit: 506
The market going abruptly up and down has always been the case with cryptocurrencies- meaning, it is not unique to Ethereum alone. It has always been the trend, and hence, nothing really is shocking to the senses. If you come to think of it, majority of investors are even here because they benefit from it. The latter statement is true because when the market skyrockets, investors' money multiplies in insurmountable value which is impossible to achieve in a short span of time. Now comes people complaining as to why its value declines so fast and every so often nowadays, why haven't they thought of that when situations were otherwise? Right? So you see, we clearly only want the positive aspect of it yet we complain of how it is when the downside of it strikes. To me, such attitude is not appealing in terms of investments.
full member
Activity: 812
Merit: 108
Actually BTC has more dominating power over any other crypto currency so ETH is also well known crypto currency because of its ERC 20 tokens compatibility blockchain. Going down ETH is just on temporary basis.
After trading banned in india we have seen bitcoin price was slashed down to 5400 usd in one night but we had not seen such changes in ETH price.
jr. member
Activity: 37
Merit: 4
Eth has for the most part always mirrored the upward or downward trend of BTC. so the real question is why is BTC on a downward trend. As as we know, it is being manipulated by the huge institutional hedge funds to drive the price down and accumulate a large market share. Since bitcoin futures got introduces. we have seen the price of bitcoin plummet drastically in the last 4 months.
sr. member
Activity: 882
Merit: 269
I think it is due to difficulty cryptocurrencies is facing from the scammers which is discouraged people from investing into altcoins and icos projects and this in turn affect ethereum's price. We only need to improve on creating trust in other to be able to used cryptocurrencies. Ethereum is going to improve in days to come and we just need to create more confident on it technology.
member
Activity: 296
Merit: 13
Bitcoin value is still on a crash and have not yet really recovered from all the dumps and the whole crypto market is unstable from the start of 2018. These alt coins are somehow interconnected therefore their value will likely be falling as well and bitcoin is on top, therefore all the coins under its umbrella are gonna be crashing as well. Everything on crypto depends on bitcoin and so is Eth.
newbie
Activity: 100
Merit: 0
The market is like this, a wave of plunge, a wave of skyrocketing. Otherwise, why can you make a profit from it? Someone makes money for so long that someone loses money, and people who lose money are always more than those who make money. This is how the market operates.
sr. member
Activity: 1071
Merit: 253
Because a lot of people who invested want quick profits and when the price goes down a bit, there's panic selling.


This one factor really down everything. At one side, people are always starving for the good rates. But when a single fud or bad news came in the market and some people think they may lose their income, got insecure and start selling their coins. Seeing them, these people also make selling at panic. And they are only responsible for the end results in form of dip for that coin.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Alot of altcoin are dependent on etehreum platform and enable fot some like bounty hunters to earn a bitcoin they will use a conversion of altcoin to ethereum and selling it to bitcoin. This looks like the demand for eth is decreasing and it became just a stepping stone to own a bitcoin. That is why the price is dipping, because of a lot of ICO out there awarding a lot of token to bounty pool.

Well you don't have to isolate etherium here as obviously, majority of the market took a plunge first quarter of this year and there seems to be no sign yet of a full recovery. Eth is pretty similar to btc and once the bulls return, eth holders will be thankful they held on.

Right, everything went down not just Ethereum, and everyone losses a lot of money in the time span. I was so lucky to have exited and sold all my Ethereum as all-time-high but then re-invested with it went into crisis. There are a lot of causes like governments crackdown on ICO and the crypto sphere. But lets say that they can't stop it and lately we have surges but I'm not sure if this is the start of a bull run though.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Alot of altcoin are dependent on etehreum platform and enable fot some like bounty hunters to earn a bitcoin they will use a conversion of altcoin to ethereum and selling it to bitcoin. This looks like the demand for eth is decreasing and it became just a stepping stone to own a bitcoin. That is why the price is dipping, because of a lot of ICO out there awarding a lot of token to bounty pool.

Well you don't have to isolate etherium here as obviously, majority of the market took a plunge first quarter of this year and there seems to be no sign yet of a full recovery. Eth is pretty similar to btc and once the bulls return, eth holders will be thankful they held on.
full member
Activity: 238
Merit: 103
Well, when the whole market so hesitates of course the ETH will also be at it!
It would be strange that if only the ETH would remain unchanged, now the increase is back!
sr. member
Activity: 658
Merit: 254
For campaign management, please pm me.
I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Alot of altcoin are dependent on etehreum platform and enable fot some like bounty hunters to earn a bitcoin they will use a conversion of altcoin to ethereum and selling it to bitcoin. This looks like the demand for eth is decreasing and it became just a stepping stone to own a bitcoin. That is why the price is dipping, because of a lot of ICO out there awarding a lot of token to bounty pool.
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