Buy support is terrible for a coin with this size market cap is this the end of the good times?
Yep, there is no fresh money flowing into the eth fork and reserves of the die hard forkers are rapidly dwindling.
The market cap of the Etherum is still rising. It is higher than a few weeks ago. So there is some fresh money.
The Chinese will assume it, just like bitcoin. You ain't seen nothin' yet.
That is right. Although the Chinese are the biggest miner for the Ethereum at the moment, they do not own most of the coins.
Do you have any statistics to back that assertion up? It appears, you may have made up that statistic!
According to mining pool stats for blocks found - the hashrate is evenly distributed across many regions:
https://etherscan.io/stats/miner?range=7&blocktype=blocksJust a breakdown in cultural trends with relation to crypto investments - this may come over as stereotyping. I apologise for that!
On the major cryptos.
Indian crypto investors (Sikhs and Hindus) (my own heritage) tend to like to invest 1-3 years before a block halving or POS stage.
Europeans and Americans crypto investors tend to like to invest 6 months to 12 months before a block halving or POS stage.
The Chinese tend to like to invest 6 weeks to 12 weeks before a block halving or POS stage.
Therefore, you can expect a major inflow of Chinese crypto investors sometime between December 2016 to Janurary 2017.
Assuming, LTC and BTC strategies reoccur for ETH.