Some reason why ethereum down

[sampoerna]

Ethereum dropped, the main cause was the large number of Ethereum users selling it on the market at an unstable market time. But it was all first, now Ethereum is starting to rise again and the price is starting to rise again. Hopefully this is a good sign for all of us here.

[Richa99]

I also strongly believe that ethereum will indeed soon rise again, and the weakening of ethereum prices I think is because of the many scams, and panic sales.

[Ezzi]

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

I think there are no special assumptions why the price fell, I think this is due only to the correction of the market, because it affected not only Ethereum, but the whole market

[Ozark]

The gap between Ethereum and Bitcoin, growing bigger and bigger with Bitcoin at 5% growth for the last month and Ethereum continues to fall. I think of one reason behind this Ethereum ongoing crash is the so-called, "ICO Sell-Off of ETH Likely Contributed to Price Crash" where you can read here.

[therozaq]

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

I think the reason why ethereum down is bitcoin affect and negative issue. Today many negative issue againts ethereum and In several country, The government bans crypto currency.

[Utogah]

For my opinion i think it is because of a very high demand of coin that is why they sell ETH for a very low price.

[kemalramdanu]

Crypto downfall was mainly due to large test Ether - token  Ethereum which is cryptocurrency second largest by volume - are in the rotation decreases with little sign of change.

Ether - which is the main choice platform for most developers who build blockchain projects - fell by almost 17 percent over the past few days. The decline erased billions of dollars of crypto market value because the bear market trend continued.

[patrol-coin]

l. Eth will rise with a high value, Eth is a Strong coin, because it has strong support and trust from the crypto community.

[Cruelmes]

I actualy not to understand why ethereum price go down like this not make sense . but maybe there just some fud or another coin or another platform like eos or any other else they want to try another platform thats what i thought

[dekafee79]

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

The reason why ethereum down, I think It just market corrections because the negative issue and at several country , the government bans ethereum.

[LogiC]

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

The reason why ethereum down, I think It just market corrections because the negative issue and at several country , the government bans ethereum.

The last bullish price of eth wasn't expected to rise up by that increase. Now the market is being corrected for it. Cause the price last year wasn't normal and probably like a bubble. If you can see from its previous ATH more than 1k$. The price now is barely to cling and rise even on its half. On middle of this year eth price diminishes throughout each month and factors of it are largely related to btc dump as well. Also add some negative impact of ICO scamming which eth has been blaming due to usage of their platform on performing those scam activity. But Im positive that eth will recover throughout the end of this year.

[cashbit]

Ethereum went down because there were many people who still hadn't bought Ethereum. And also many people who sell Ethereum when the Ethereum market price is high. That is why Ethereum is currently down and causes many people to hope that ethereum will rise and be disappointed today. Hopefully this situation will not last long and return Ethereum as before.

[Ezzi]

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

I see the ether in the future as the most promising and ideal cryptocurrency, which will be equal to all the other coins on the market

[doc]

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

I think the high volatile of ethereum is normal..It just market corrections cause of negative issue. Ethereum will more stable at the future.

[andreanthree]

Most likely, ethereum has currently been discounted intentionally. To some quantity, the fall ought to have influenced the phrases of Vitaly Buterin that this coin ought to cross down in price to zero. However, ethereum remains an essential coin by using tokens that had been released on its platform. And this is more than ninety percent of all tokens.