Post
Topic
Board Speculation (Altcoins)
Re: Why Etherium price is decreasing day by day ?
by
Loco Motive
on 05/07/2016, 18:16:55 UTC
As etherium is decreasing, so can we have a reason behind that and what are the future expectations.

.. why it held at ~$12 until today.



in my opinion, manipulation. eth price dumped hard to 0.014 in one day(hack day) and a few days later had almost a 100% recover. to me, that's was a fake pump to whales get out eth.

now it can die in peace.

I think this is the correct interpretation, the recovery was unbelievable and pretty clearly heavy manipulation.