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Author Topic: Ethereum crashes to a 16-month low  (Read 3710 times)

Offline Bloc10Fintech

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Ethereum crashes to a 16-month low
« on: September 12, 2018, 01:50:49 PM »
  • 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 [nofollow]

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Ethereum crashes to a 16-month low
« on: September 12, 2018, 01:50:49 PM »

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Offline ayatoslaw

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Re: Ethereum crashes to a 16-month low
« Reply #1 on: September 14, 2018, 05:46:20 AM »
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.

Offline vladimir343

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Re: Ethereum crashes to a 16-month low
« Reply #2 on: September 14, 2018, 01:04:13 PM »
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.

Offline Master107

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Re: Ethereum crashes to a 16-month low
« Reply #3 on: September 14, 2018, 05:16:58 PM »
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.


Offline Malyaa

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Re: Ethereum crashes to a 16-month low
« Reply #5 on: September 15, 2018, 06:09:23 PM »
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.

Offline DakuS

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Re: Ethereum crashes to a 16-month low
« Reply #6 on: September 16, 2018, 01:27:43 PM »
  • 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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Re: Ethereum crashes to a 16-month low
« Reply #6 on: September 16, 2018, 01:27:43 PM »


Offline vladimir343

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Re: Ethereum crashes to a 16-month low
« Reply #7 on: September 17, 2018, 06:35:29 PM »
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 still stand strong.
« Last Edit: September 17, 2018, 06:38:50 PM by vladimir343 »

Offline BestSSS

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Re: Ethereum crashes to a 16-month low
« Reply #8 on: September 17, 2018, 07:08:24 PM »
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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Offline Seerge

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Re: Ethereum crashes to a 16-month low
« Reply #9 on: September 17, 2018, 07:41:33 PM »
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.

Offline Sentinel

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Re: Ethereum crashes to a 16-month low
« Reply #10 on: September 19, 2018, 04:25:17 AM »
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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Offline chapcha

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Re: Ethereum crashes to a 16-month low
« Reply #11 on: September 20, 2018, 08:53:07 AM »
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.

Offline chapcha

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Re: Ethereum crashes to a 16-month low
« Reply #12 on: September 20, 2018, 03:17:32 PM »
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.

Offline otocikma

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Re: Ethereum crashes to a 16-month low
« Reply #13 on: September 20, 2018, 04:26:14 PM »
Thank you for sharing!
newbie deactivated link:https://otocikmayedekparcasi.com/mercedes [nonactive]

Offline Mikam

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Re: Ethereum crashes to a 16-month low
« Reply #14 on: September 20, 2018, 05:20:31 PM »
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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