Topic: Why is Ethereum market value going down? - page 8. (Read 1045 times)
It should start to recover for now back to 1k+, I believe bitmain dumped most of their asic mined eth and the scam ICOS already dumped as well.
Its not just ethereum, the general market cap is going down too... this is normal so there is nothing to worry about. Just remember that eventually there will be a bullish trend and after that bullish trend we shall see a bearish trend.
may be due to several reasons. but I think the current eth price drops due to the declining bitcoin price. well, the bitcoin price drops very far, and eth also follows it. altcoin falls due to both prices declining. I think like that.Bitcoin is the benchmark for altcoins. One it will soaring up, Ethereum would be doing the exact. Wait for the Crypto King to move and follow!
Some people believe and think whale are manipulating the market by selling lots of their coin to drive than the price so they can buy low. Mining Asic is another factor that might ve driving down the price. A lot of this mining gear are been produce and miners are dumping
of course this is the situation you described, very handy for Bitcoin. This is what is happening today with Bitcoin on the market. But the etherium suffers because of the state of things on the market. The general decline of the market dumped all coins, including the etherium. 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.
It is going down just because the bitcoin is facing massive dump. The rest of the coins whether it is ethereum, neo or any other altcoin, they are completely relying on bitcoin for the rise in their market values. This is the major reason why you are observing downfall in the prices of ethereum too. This is not permanent at all, with the passage of some time, ethereum will rise following the leader of crypto market. 
Some people believe and think whale are manipulating the market by selling lots of their coin to drive than the price so they can buy low. Mining Asic is another factor that might ve driving down the price. A lot of this mining gear are been produce and miners are dumping
Its not just ethereum, the general market cap is going down too... this is normal so there is nothing to worry about. Just remember that eventually there will be a bullish trend and after that bullish trend we shall see a bearish trend.
This is the game actually. Bitcoins don’t stay at one place and so are the other altcoins. No need to worry really because you must know things would be better in other days. Now, as the prices have been in dip since long time so this is the time when prices of bitcoins have to show some successful jumping feats because we need that desperately. People are so conscious about the prices now. If you haven't notice all of the cryptocurrencies are going down and right now and the market is currently on the bearish side. Now we can say that Ethereum is taking a lot of hit but other Altcoins as well as the King are way below their ATH. Look at Ripple which is now worth .50$. The market is scared right now to put their money to cryptocurrencies that is why a lot of them are pulling out their money keeping it safe by holding Fiat currency temporarily. But when the FUD is over as well as when cryptocurrencies look to have an attractive price people will start buying cryptocurrencies again. We must not worry about this stage of the market, we should even take advantage of the current situation right now.
I agree with your opinion sir, most of the investor are keeping safe their money from crypto to fiat currency. That is why most of the alt-coins are dropping, But i positively looking forward that this will end up and start to climb up in the upcoming months, Today is the best opportunity to invest:)
The whole marketcap down dy by day because we have seen the market going too high last year and now is time to make some correction and consolidation. Its a normal move for the market especially crypto market which very vollatile. Crypto market movement is 10% per day and in crash day its possible to down or up 30%. High gain = high risk
Everything follows bitcoin at the moment. Just as the dollar collapsing would effect other global currencies. When you trade in an environment where altcoins are involved this will happen the same way.
It's because of all the currencies are going down and most importantly bitcoin. Bitcoin has the most market dominance so if it goes down most of the cryptocurrency goes down with that and at this time Ethereum is doing the same.
The whole market was overpriced(easy to say now but that's the reality, it increased too fast) a lot of ICOs dumped their ETH and there was not enough demand, all the people bough tokens for it.
Because the market is still chaotic, things are still not stable. Bitcoins fall down and it seems that all other altcoins are also experiencing the same status. When market conditions are not good, many traders will stand still and wait for the market to return and therefore, the market capitalization of ETH and some other altcoins will decrease. However, some positive signs have appeared, hoping that the market will recover soon. This is just my opinion
Crypto space is independent from specially any governments, then the price is fully relied on the market. This market is easily controlled by a person or groups which has abundant amount of money, there will be no protection at all to the crypto holders as it is purely market to control. Now Bitcoin and Etherium is in downtrend, it seems most probably from the rising price of last December was pumped by big worldclass group or persons since they know how easy to control the market by their capital until certain value. Now the price is downtrend most probably to reach certain value, the victims are holders who had been panic. They sold their crypto for loss to be bought by the big worldclass people or group at certain low value. What we can do just hold tightly now and follow the flow price later as I fully believe the price will reverse as the certain buyers want to make big profit.
This is all because of strategy. We should not let the market dictate on what we should do with our monies. Instead, let us altogether dictate how the market should be by strategizing smartly as well. We should recognize the fact that the market can sustain a good value provided we give cumulative efforts that help its value flourish. If all investors know how to wittingly play the game just like in stock market, surely the values of cryptocurrencies will somehow stabilize. Nevertheless, I think it is still important to have it regulated in order for the price to very well stick to a safe range.
Not ethereum all coins market value is going down now.this is the crutch time.its price goes down right now but it will definitely go up again.so dont worry about that, will be any times for the price going up.good luck😊
Yes all the advertisements bans and FUD stuff. I certainly believe that there comes one powerful decentralized advertisement platforms and removes the need of Facebook, Google and such enterprises.
It's because we now on bear market and lot of people newcomers and jump from the train hopping to save something
I had expected ethereum to have carved a nitch for itself. But surprisingly, it is still toeing behind bitcoin. The price swings because bitcoin swings and in the same direction too.
I think it's related to Bitcoin price also going down, a lot of peoples said that Bitcoin is the mother of coins and when it's dropped almost of coins follow drop too. Bitcoin drop because there was a lot of bad news and I hope it's over now.
The entire market is going down, so it's not just like you can single out ETH and say that it's only them. The entire market is going through a massive downturn, massive amounts of money are leaving the market and people are scared.
Also, when the price of Bitcoin crashes the price of altcoins crash -- that's how it works. If the pairings were different, as in if the pairings weren't all bitcoin then maybe things would be a bit different but that's not the case -- that's something we can try to change for the future.
Yes, it’s not only Ethereum but also all coins in crypto are both in the same fate of going down now, this is the crutch time. This is absolutely normal, nothing can go up forever, maybe it goes down right now but it will definitely go up again. The bitcoin price is decreased right now the people who’s interested in buying bitcoin got failed, also the price of ethereum and others fluctuate in a bad way. But in anyway, don’t be panic too much, the price will absolutely recover soon. Also, when the price of Bitcoin crashes the price of altcoins crash -- that's how it works. If the pairings were different, as in if the pairings weren't all bitcoin then maybe things would be a bit different but that's not the case -- that's something we can try to change for the future.
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