Post
Topic
Board Speculation (Altcoins)
Re: Why Etherium price is decreasing day by day ?
by
worldtreasurefinders
on 05/07/2016, 22:50:06 UTC
I'll clear all the FUD : Ethereum wasn't hacked at all. That was just The DAO. There is not consequence on Ethereum at all.
Then, to reply to OP, that's quite simple : the halving. That's what's draining all the altcoins for more than a month.

In markets, perception matters more than reality.  ETH is perceived as vulnerable and uncertain, and confidence is low, so people sell and the price trends down.