Quote from: yelllowsin on July 04, 2016, 06:06:05 PM

Quote from: vyombly on July 04, 2016, 05:36:22 PM

As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

I believe because of The DAO hack. The ETH community hasnt decided to hard fork it yet, till a decision is done i don't see it recovering. And if they don't fork the damn thing i guess it is as bad as doing nothing because it affects ETH price directly.

Even though I don't understand the technicalities of it, I do believe that's exactly it. Not to mention that to many eth is just another shitty shitcoin. I suspect it's going to rebound because of community support but it's definitely in a precarious situation.