Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Bloc10Fintech on September 12, 2018, 01:50:49 PM
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- Ethereum is down over 8% to below $170 on Wednesday morning.
The cryptocurrency has fallen more than 30% over the last 7 days amid a wider slump in crypto markets.
https://www.businessinsider.com/ethereum-price-crash-cryptocurrency-falls-below-170-2018-9
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what are you trying to discuss about this topic?
I want to give advice, that you have to try to learn to make a good topic, because actually you have the ability to create topics, only they have not been sharpened.
For example, if you include the source, because it is very good, the source is needed to be accurate data and discuss it.
because there are still many players who make topics but do not include the source (even though they get the topic of copy paste from another website).
keep up the spirit and good luck.
and for the declining eth down, you don't need to worry, eth goes down because BTC prices go down, and the proof is that all markets also go red, we wait, surely the market will increase again when BTC has gone up.
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I think that is expected as this is still a very speculative market. The main reasons for Ethereum to be declining are:
1. Firstly, the introduction of a new BitMEX - ETH perpetual swap contract, which allowed traders to shorten the price of ETH with up to 100x leverage in a similar manner like the XBT (BTC) BitMEX contract. Although this has not been confirmed, this statistic has led to the speculation that the arrival of the contract allowed pessimistic investors to weigh down on the price of ETH.
2. The ICO sell-off factor, with many traders claiming that projects have begun to liquidate their war chests, that are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH.
But Ethereum is still way ahead of other similar platforms out there.
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Even it will crash to 1 year low still it does not mean it won't recover. As a matter of fact, ethereum can bounce back again in any moment if the big holders choose to pump to the highest level.
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I am a new person in Cryptocurrency, so I cannot give any judgment about the decline in Ethereum prices at the moment, but what I do know is this is the biggest decline in Eth since I was familiar with Altcoin.
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yes, now ethereum's price is still below, so I think it's good for us now to buy it and we can hold it at high prices.
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- Ethereum is down over 8% to below $170 on Wednesday morning.
The cryptocurrency has fallen more than 30% over the last 7 days amid a wider slump in crypto markets.
https://www.businessinsider.com/ethereum-price-crash-cryptocurrency-falls-below-170-2018-9
We are in bearish market, so price decline is perfectly normal. Some of the projects which raised ethereum during their ICOs decided to dump their ethereum in the market at the same time which caused this massive fall in price of ethereum but it'll stabilize, there is nothing to worry about.
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Ethereum went down mostly because of two reasons:
1. Firstly, the introduction of a new BitMEX - ETH perpetual swap contract, which allowed traders to shorten the price of ETH with up to 100x leverage in a similar manner like the XBT (BTC) BitMEX contract.
2. The ICO sell-off factor, with many traders claiming that projects have begun to liquidate their war chests, that are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH.
But the Ethereum price prediction (https://seo spamnews/ethereum-price-prediction-2018-eth-price-may-touch-1221-usd-in-2018-updated-09-15-2018) still stand strong.
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I assure you that this is not the limit. After a strong fall there was a slight rebound up to the level of 224 dollars. Today, prices began to decline again and the value of the drawdown I'm sure will be more than last time!
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Yes, this is the lowest Ethereum price I know as long as I am in the world of Cryptocurrency. I know Bitcoin, since the beginning of December last year, and during that time I saw this Ethereum price movement was very stable. but why is Eth's price so low lately, is this the beginning of Eth's fall, I really don't understand.
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After a decline there will definitely be an increase. I am sure ethereum will work well to satisfy the holders. So I'm not worried about the price that is happening now. Believe me everything will be fine.
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Indeed, lately Ethereum has dropped in recent months following other coins in Altcoin. Well now Ethereum rises little by little, hopefully if it continues to go up like this, Ethereum will become a good and potential coin for Investment and Trade.
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The fact is that Ethereum has fallen over the past few months in 2018. Indeed, many are worried about the collapse of Ethereum's price, bro. But not a few people still believe and continue to invest in it. There are also many Bitcoin users who moved to Ethereum to run a business at ETH.
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Thank you for sharing!
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the proof is that all markets also turn red, we wait, surely the market will increase again when BTC rises. You don't need to worry, eth goes down because BTC prices go down, because there is a connection between the two.
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I've read this one at that time and i do felt somewhat numb. I thought to myself, how on earth can i trade my coins with this value? Well i did not, of course. I've mustered all the courage that was left after that devastating news to cling onto my coins completely. I am most certain that anything that goes down will eventually go up. And true to that, look at ethereum now, gradually making its way up.
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It's true that Ethereum had experienced such a bad decline. But at this time Ethereum rose and continued to rise every day. Ethereum has good potential as a good and profitable investment and trade subject. And even more profitable than other coins in the Crypto World.
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indeed it is true that ethereum has experienced a very deep decline, but I also strongly believe that ethereum will also return soon at a higher price.
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indeed it is true that yesterday ethereum experienced a lot of decline, but now ethereum has begun to recover again, and I really believe ethereum will continue to increase.
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It is true that the fact was Ethereum until it dropped to the price of 170 USD.
I hope Ethereum will increase its price to 300USD next year, because I also store some EThereum in my wallet.
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Yes, bro. That's a very bad experience for Ethereum, especially the investors, bro. It is very painful when in the last 16 months the price of Ethereum continues to go down, bro. But now the ETH is starting to rise, bro, starting to organize and stabilize the market price that previously dropped, bro. Hopefully this is a good sign for ETH in the future.
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We are in bearish marketplace, so fee decline is flawlessly ordinary. Some of the tasks which raised ethereum for the duration of their ICOs decided to dump their ethereum in the market at the identical time which prompted this massive fall in rate of ethereum but it'll stabilize, there is not anything to fear approximately.
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still be sure of eth, because he's one of the 2 coins in cmc so I'm pretty sure of the upcoming eth price increase
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I was quite surprised to see the price decline of most coins on the market, especially for ethereum, although in recent months ethereum was at a low level of $ 170. After I checked ethereum's price now increased to $ 211, sooner or later, ethereum will definitely recover.
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The decline of price is not the declaration of ethereum lose.
This is part of strategy to attract more possible investors if there are.
The potential and use of ethereum would not be ceases.
The value is still there and will increase in due time.
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so far I am waiting for the ethereum price to return to $ 1500 but it looks difficult because some ico look scam, hopefully ethereum prices will return to the above position at the price of $ 300 and I would love to see this happen after prices rise above $ 300
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You're right, currently the price of Ethereum is dropping very drastically, and there is no sign of a move to recover, but I believe that at the end of this year Ethereum will return to its position again, and will grow green.
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now ethereum's price is still below, so I think it's good for us now to buy it and we can hold it at high prices.
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now ethereum's price is still below, so I think it's good for us now to buy it and we can hold it at high prices.
I prefer no risk. Because no one knows where the bottom of the entire cryptocurrency. Who said, that Ethereum cannot cost $ 50 or $ 10 per coin? When we see the volume to buy, then we can join.
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I believe that the price of all the tokens is affected by the down trend of bitcoin, including ethereum. Once bit coin starts to rise, other altcoins including ETH will regain their footing again.
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but I still believe that someday Etherher will rise again even though etherum has experienced difficulties lately, just enough to see and observe the development