Why ETH is down?

[thamer jamaladdeen]

Ehereum price is fallen down too much .
The majority of analysts in the cryptocurrency sector have attributed the decline in the
price of ETH to the sell off of ERC20 blockchain projects that have raised
millions of dollars in ETH in their token sales
What do you think?

[Lukasz]

I think it is natural process  A company raises money sells eth develops their product. Once those companies will start making profit and see how cheap the eth is the price will start going steady up . So just waiting for the price of eth to be irresistibly cheap

[Bruks]

Ehereum price is fallen down too much .
The majority of analysts in the cryptocurrency sector have attributed the decline in the
price of ETH to the sell off of ERC20 blockchain projects that have raised
millions of dollars in ETH in their token sales
What do you think?

I think all recent ico s are dumping their raised etheruem ,to pay for staff wages ,expenses in setting up the icos.when they see others selling.they are all panic  the price will still slide for days to come..

[densus88]

Ehereum price is fallen down too much .
The majority of analysts in the cryptocurrency sector have attributed the decline in the
price of ETH to the sell off of ERC20 blockchain projects that have raised
millions of dollars in ETH in their token sales
What do you think?

Because the demand of bitcoin is going down, It just the negative news affect. So It is market corrections.

[alltalk]

In my opinion, Ehereum price falls down significantly because of the effect of global decline trend. Bitcoin and all altcoins have experienced negative price development. So, ETH also got the same condition currently.

[Hisbullah]

In my opinion, Ehereum price falls down significantly because of the effect of global decline trend. Bitcoin and all altcoins have experienced negative price development. So, ETH also got the same condition currently.

Yes I agree mate. I think ethereum is down because of the effect of global decline trend. Bitcoin and all altcoins have experienced negative price development. But I believe at the future crypto will be more stable.

[tikanurqaidah]

I think because eth has too many competitors. so eth needs a lot of development to get more attention in the cryrpto world. the main cause is the reduction of ETH coin buyers, wherein the inverters are fooled by some issues regarding the prohibitions of various parties, both from the state government itself and from other parties

[Warung_lontong]

That is indeed true, but I think this decline will end soon and we will soon be able to see ethereum prices recover again.

[Zed0X]

I think because eth has too many competitors. so eth needs a lot of development to get more attention in the cryrpto world. the main cause is the reduction of ETH coin buyers, wherein the inverters are fooled by some issues regarding the prohibitions of various parties, both from the state government itself and from other parties

Good point here. Most of us do not recognize that ethereum has more competitors now and that investors and users are moving to another platform. This has caused a significant decrease of buyers.

By the way, Karma given for your quality reply.

[Alpha]

Maybe this is a part of effective strategy of the core team to multiply the percentage of investors. This ethereum is not shitcoin that can easily be wipe in crypto world. Ethereum will survive and can go beyond from decline.

[densuj]

Ehereum price is fallen down too much .
The majority of analysts in the cryptocurrency sector have attributed the decline in the
price of ETH to the sell off of ERC20 blockchain projects that have raised
millions of dollars in ETH in their token sales
What do you think?

I think yes one of many reason ethereum price goes down because the developer of ICOs projects has solt their ethereum from crowdfunding in ICOs stage but in my personal opinions the main problem why ethereum's price goes down because the price of bitcoin is down, all of cryptocurrencies price follow the price of bitcoin, so do with the ethereum's price.

[Elevteros]

Despite this negative development of the price of etherium, I hope that by the end of the year the price will finally recover and increase))

[TERMINO]

Ethereum price fallen due to bitcoin decline. This is the normal activities in cryptocurrency price when bitcoin goes up, every altcoins will go with bitcoin flow. In due time the price increase will happen again.

[tamango]

I really don't understand why ETH is goind down more than BITCOIN and other main coins. Maybe there is something that I miss...

[Bobcrypto]

Mr. tamango, i think you have not missed anything yet, the situation of ETH has got many us wondering but i think that crypto market is volitil couple with certain factors like, prices speculations, Fear of investment lost due to price fall (panic selling), demand and supply rules etc. Remember that ETH has got some smart contract competetors like Neo, EOS, Wave. Nevertheless, do not worry, everything gonna be fine as the price will definitely recover with just little time.