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Author Topic: Are you surprised at the price of Ethereum now?  (Read 7864 times)

Offline Domithra

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Are you surprised at the price of Ethereum now?
« on: September 14, 2018, 03:04:18 AM »
Well, i'm quite not surprised at the performance of Ethereum at the moment as this was obvious some few months back when Ethereum dropped back from $1500 to $800. From there, a lot of ICOs which have accumulated large amounts of ETH began to sell off due to the fear of losing the profits for their projects. The dump continued as the price of Ethereum fell continuously creating more tension and fear in these large holders of Ethereum.
Ethereum can only bounce back to normal when new and more ICOs are created on the Ethereum Blockchain where ETH is used as the major cryptocurrency for participating.
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Are you surprised at the price of Ethereum now?
« on: September 14, 2018, 03:04:18 AM »

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Offline capt ronald

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Re: Are you surprised at the price of Ethereum now?
« Reply #1 on: September 14, 2018, 04:55:09 AM »
Definetely Yes, I was really surprised and i consider it as a tragedy in crypto market history but it seems that ethereum is trying to start recovering today considering that the market ia now slowly increasing.
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Offline Nur sarimbit

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Re: Are you surprised at the price of Ethereum now?
« Reply #2 on: September 14, 2018, 04:56:46 AM »
I was very surprised, bro, seeing the price of etherium falling into the abyss. so I always think if I still have additional capital I will use to buy etherium to get a profit in the future
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Re: Are you surprised at the price of Ethereum now?
« Reply #3 on: September 14, 2018, 09:31:16 AM »
Well, i'm quite not surprised at the performance of Ethereum at the moment as this was obvious some few months back when Ethereum dropped back from $1500 to $800. From there, a lot of ICOs which have accumulated large amounts of ETH began to sell off due to the fear of losing the profits for their projects. The dump continued as the price of Ethereum fell continuously creating more tension and fear in these large holders of Ethereum.
Ethereum can only bounce back to normal when new and more ICOs are created on the Ethereum Blockchain where ETH is used as the major cryptocurrency for participating.

I agree with you. I was not expecting ETH to drop to this extent and the persistent drop has created tension and fears. This is market and every market can fall and rise. May be we are in the fall section. Market condition will definitely change and may improve sooner or later.

Offline Jalu07

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Re: Are you surprised at the price of Ethereum now?
« Reply #4 on: September 14, 2018, 10:41:31 AM »
This is very far from my estimation. Last year, ETH was not as bad as this price, but now it's really amazing
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Re: Are you surprised at the price of Ethereum now?
« Reply #5 on: September 14, 2018, 12:09:46 PM »
I was sure that it will happen. My expectations came true.

Offline vladimir343

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Re: Are you surprised at the price of Ethereum now?
« Reply #6 on: September 14, 2018, 12:48:43 PM »
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.

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

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Re: Are you surprised at the price of Ethereum now?
« Reply #6 on: September 14, 2018, 12:48:43 PM »


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Re: Are you surprised at the price of Ethereum now?
« Reply #7 on: September 14, 2018, 04:58:43 PM »
I think I will not be surprise if ethereum will bounce back again, in fact, eth can make it in every moment if the big holders choose too.
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Re: Are you surprised at the price of Ethereum now?
« Reply #9 on: September 15, 2018, 01:29:16 AM »
Well, i'm quite not surprised at the performance of Ethereum at the moment as this was obvious some few months back when Ethereum dropped back from $1500 to $800. From there, a lot of ICOs which have accumulated large amounts of ETH began to sell off due to the fear of losing the profits for their projects. The dump continued as the price of Ethereum fell continuously creating more tension and fear in these large holders of Ethereum.
Ethereum can only bounce back to normal when new and more ICOs are created on the Ethereum Blockchain where ETH is used as the major cryptocurrency for participating.


No, ethereum is low now, But I think It is normal. Because It is the market correction and will be stable again at the next year.

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Re: Are you surprised at the price of Ethereum now?
« Reply #10 on: September 15, 2018, 12:31:32 PM »
Definetely Yes, I was really surprised and i consider it as a tragedy in crypto market history but it seems that ethereum is trying to start recovering today considering that the market ia now slowly increasing.

I also agree with you because Ethereum is now at a low price and then the Ethereum price slowly rises by around 10%.
You can see the price of Ethereum yesterday at id price of 180USD and now the price of Etherum is 200USD.
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Re: Are you surprised at the price of Ethereum now?
« Reply #11 on: September 15, 2018, 01:47:55 PM »
Who is not surprised by the price of Ethereum which was dropped some time ago, this really surprised the Ethics holders. At that time I was awake, and as usual I checked prices on the market. really I didn't expect, Eth's price plunged down. and I lost some of my balance.

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Re: Are you surprised at the price of Ethereum now?
« Reply #12 on: September 15, 2018, 03:54:01 PM »
It did not came to my mind that this will fall to this level as this is a good platform that caters most of the new ICO's. We need to bear the reality that this is unpredictable and we should not expect much that can lose our confidence if the market will not go with us.

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Re: Are you surprised at the price of Ethereum now?
« Reply #13 on: September 15, 2018, 04:44:22 PM »
I was surprised to see ethereum prices continue to fall, had reached the lowest price under $ 190 and this made me think whether the number of ICO projects made Ethereum prices go down, hopefully, ethereum could rise from current prices.
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Re: Are you surprised at the price of Ethereum now?
« Reply #14 on: September 15, 2018, 08:17:03 PM »
Actually, I am rather surprised at the price of Ethereum currently. I know the lowest price of Ethereum can be under $200, but it is surprising to see it under $170. I don't know if tomorrow the price can be under $150. I cannot predict it.   

 

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