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Topic: Why the Ether will drop to $ 60 (Read 3252 times)

member
Activity: 336
Merit: 10
W12 – Blockchain protocol
November 25, 2018, 06:37:24 AM
While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
I don't have any reason that this ethereum will have a drastic decline back to $60 and OP has no basis to prove with his statement it's just a pure guess. Yeah Ethereum has been down but not as bottom as this. Indeed ethereum has real product has been utilized by many projects.
member
Activity: 336
Merit: 10
W12 – Blockchain protocol
November 30, 2018, 07:18:41 AM
I don't have any reason that this ethereum will have a drastic decline back to $60 and OP has no basis to prove with his statement it's just a pure guess. Yeah Ethereum has been down but this will not go down to $60. Indeed ethereum has real product that been utilized by many projects.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
November 25, 2018, 05:33:40 AM
ETH can reach this price level. Everything is dictated by the market and bitcoin. Now many have lost faith in the cryptocurrency, but it will take a year or two and this rise is sure to happen again
hero member
Activity: 1596
Merit: 502
November 25, 2018, 05:20:10 AM
yes of course that could happen because this price movement depends on the demand in the exchange, when the exchange conditions have price movements like this can also make ethereum prices fall to the price of $ 60.
member
Activity: 406
Merit: 10
Buy, sell and store real cryptocurrencies
November 25, 2018, 05:12:07 AM
If we look closely at all the information about Ethereum, then we should know that the main value of Ethereum comes from investing in ICO projects, and the ICO market is getting worse due to too many scams. As investors no longer trust the ICO market, the Ethereum purchase rate will also decline!
sr. member
Activity: 630
Merit: 251
November 25, 2018, 05:05:29 AM
This is definitely one of the reasons why eth has gone that far. It should have been for different currency so that it won't be that eth all the while. Too bad for eth and the whole platform based on that as they will try to pull all of them.
full member
Activity: 350
Merit: 100
MenaPay - Crypto made easier than cash
November 25, 2018, 04:24:49 AM
While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
Because it is its real value, not taking into account the promotion and demand of investors. This is a naked price, depending only on its development.
hero member
Activity: 784
Merit: 500
November 25, 2018, 04:16:35 AM
this is all possible because the influence of the bitcoin price movements that fell so deeply that it made a lot of coin falls also included ethereum prices which seemed to be affected by the collapse of bitcoin prices.
full member
Activity: 966
Merit: 102
November 25, 2018, 03:52:06 AM
the decrease in ethereum is influenced by the decrease in various crypto coins which are currently in a low position. this is reasonable because ethereum big coins and ethereum are popular commodities in crypto. but we won't let ethereum be at $ 60
full member
Activity: 641
Merit: 106
November 25, 2018, 03:43:52 AM

I think that the competitors of the EOS which is now affecting trade lounching ETH. As predicted by TrustNodes in may 2018. At the beginning of the month, a report from TrustNodes is that EOS spent more than $950 million to the Aether in 30 days.
...  "Ethereum Prices dropped significantly during the last 24 hours and TrustNodes, site technology, blamed the price fall on the sale of the Ether mass in Bitfinex. This site blame sales-off on the launch of the EOS Mainnet.  "
 
sr. member
Activity: 1624
Merit: 267
November 24, 2018, 10:34:43 PM
I don't want to see ethereum to become to 60 dollars because that is not good for us to those people who have more ethereum. Maybe  it is good if I see ethereum price become 6000 dollars so we can earn more money and buy what we want to buy.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
November 24, 2018, 07:46:02 PM
It could still happen, but we don't know for sure. It is not clear what you are saying is that the ether becomes useless. I believe that it is still as popular as before. Its price is reduced because the whole market is now so. But I believe in Ethereum.

I think we should believe at the potential of Ethereum. It is hard to predict the exchange rate of ETH because it frequently fluctuates. And now the declining of this market is no reason, I think the reason for the reduction is due to the panic selling of the investors.
full member
Activity: 644
Merit: 111
November 24, 2018, 07:12:25 PM
It could still happen, but we don't know for sure. It is not clear what you are saying is that the ether becomes useless. I believe that it is still as popular as before. Its price is reduced because the whole market is now so. But I believe in Ethereum.
full member
Activity: 640
Merit: 100
November 24, 2018, 06:11:10 PM
Maybe. Now I believe in this development. After all, the main reason for the rise in the price of Ethereum was numerous investments in ICO. Now such investments have decreased significantly.

we as ethereum users for investment means do have to believe in the growth and development of these coins. besides these reasons there are many more reasons that can make ethereum continue to grow, because this coin will be used by many people for the cost of making transactions. all of that because the market conditions are still in a situation of deterioration, it is certain that many investors are hesitant to return to investing in the ICO and eventually decline significantly.
newbie
Activity: 1
Merit: 0
November 24, 2018, 05:36:42 PM
Op is possible right. Now again bitcoin price drop and will also drop price of others altcoins goes down
member
Activity: 378
Merit: 10
November 24, 2018, 05:30:53 PM
Maybe. Now I believe in this development. After all, the main reason for the rise in the price of Ethereum was numerous investments in ICO. Now such investments have decreased significantly.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
November 24, 2018, 03:21:59 PM
I doubt ethereum will fall at a price of $ 60, but if that's true, it would be an opportunity to buy ethereum and I would be very tempted to buy it.
I think that the market will give us such an opportunity. We will see such a price. But on the other hand there are advantages...we can buy great coins at very cheap prices and make good money on the next bull rally.
copper member
Activity: 275
Merit: 1
November 24, 2018, 03:15:20 PM
I doubt ethereum will fall at a price of $ 60, but if that's true, it would be an opportunity to buy ethereum and I would be very tempted to buy it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 24, 2018, 02:47:19 PM
While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
Your explanation is quite simple and yet it is correct, the price of ethereum depends almost exclusively in the demand from it from investors in icos and since that has gone down significantly then the price of ethereum goes down as well and when you add that many of those people are also cashing out then the amount of ethereum in the market is many times bigger than what the market can absorb.
member
Activity: 182
Merit: 10
November 23, 2018, 09:52:45 PM
I feel all the people that needed to sell ether have already sold,  there remain those that believe in what ethereum platform can achieve with blockchain technology and the possibilities that potential exist with ethereum!
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