What is happening with ETH?

[alltalk]

ETH crashes to 270, lowest price in recent 10 months. Will ETH price will still drop? Can anyone of you predict the lowest price for ETH?

I predict it won't go under $150. I hope yesterday is the lowest price. $171 seems enough for this decline cycle period. Today, ETH price has increased above $200. It is a good news for me.

[BenWhite]

Unpredictable.
Wake me up when September ends.

[bittpress]

Ethereum (ETH) is the second biggest cryptographic money by advertising capitalisation.

Through the span of 2017, its stage and system indeed swelled into the stratosphere as the ICO blast hit fever pitch. Negative news encompassing phoney ICOs has hosted the space.

Different variables like falling Bitcoin costs and regulatory crackdowns have seen the value of ETH plunge with whatever is left of the market.

[sturec22]

I think this crash was because of vitalik's tweet.

"Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don't put in more money than you can afford to lose. If you're trying to figure out where to store your life savings, traditional assets are still your safest bet."ü
This created a huge FUD about ethereum. Even though this was only a warning it caused the dump...

[vladimir343]

Ether price has been declining mostly for 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. 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.

You can read the complete reasons for ethereum decline here.

[Cruelmes]

Relax and just hodl

[damsix]

Then All Time Down in 2018 the ethereum price is at a price of 180 USD.
You can check everything in Coinmarketcap and I am very sad to see this reality.

[vladimir343]

Ether price has been declining mostly for 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. 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.

This may not have a long-term impact but surely can keep the price low for the next few months.

[Master107]

To be honest I can't predict the exact low price of ethereum. As a matter of fact, it could be 100 then pump again into 500. We don't know but we are pretty sure it won't end.

[altery0518]

ETH crashes to 270, lowest price in recent 10 months. Will ETH price will still drop? Can anyone of you predict the lowest price for ETH?

Finally ETH is now slowly recovering and we just hope that it will continue to rise so we don't need to worry again like what happened from previous were ethereum was rapidly decreasing that causing panic to many investors.

[Sapp]

Hopefully, sooner or later, Ethereum can return to normal and start to rise again. I can't predict Ethereum prices will continue to fall or not. But if it continues to go down like this, it will be fatal to other coins, especially users who resign from the Crypto world because they are bored and feel aggrieved at Ethereum.

[Kinal]

I am sure that this is a temporary fall. I think we will see the maximum position of the ETH at the end of the year. The countdown has already begun.

[skjude001]

ETH crashes to 270, lowest price in recent 10 months. Will ETH price will still drop? Can anyone of you predict the lowest price for ETH?

The countdown has already begun.This was due to bearish market in which most of the Altcoins and ICOs are affected resulting to reduced the number of Ethereum platform users.

[expander]

Indeed, in the past few months Ethereum has experienced dynamics that are not expected by us all here. Ethereum in 2018 suffered a very disappointing failure in stabilizing its price. I think Ethereum experienced this because we are too ambitious in buying ETH and selling it in a hurry. I'm sure the ETH will be normal again in the near future.

[Kayujaty]

I also don't know bro. clearly the price of etherium is falling sharply. I will now use it to buy and hold it