Post
Topic
Board Speculation (Altcoins)
Re: Why Etherium price is decreasing day by day ?
by
The Pharmacist
on 05/07/2016, 03:11:04 UTC
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.