Quote from: stiucsib86 on September 06, 2018, 02:49:12 AM

Quote from: ajdaj on September 05, 2018, 08:21:56 PM

Quote from: Enochian on September 05, 2018, 06:02:02 PM

Quote from: xenomorphe1 on September 05, 2018, 05:57:07 PM

Yes, the probability to see ETH at $200 or less is getting very high now. That's really bad for the ETH. Other altcoins did drop too, but ETH is one of the worst. Shitcoins are doing better... Like Bitcoin Diamond.

Did anybody advise at the spring '18 that ETH can cost $240? It's a surprise. And for ICO team special. If they don't fix some budget in the fiat I don't envy them today. ETH in the last time have correlation more then 1 to BTC price Grin

It dump faster then BTC

in the beginning of 2018 a lot of forecasts were made, both negative and positive, but no one expected the etherium to fall to $ 240, as it happened today.

ETH suppose to one of the best and legitimate crypto after Bitcoin. Can believe the price dipped so much.

I think the price drop is likely due to market manipulation. Because at below $230, it doesn't make economical sense anymore for the miners. They will be just barely cover the cost of operation (electricity + rent) and the (already sunk) cost for the rigs, not to mention not making any profit in the long run.

Hope there will be real initiative from Ethereum Foundation to prevent the price from free falling further.

ETH is bottoming out this year and the downtrend has not stopped, if the ETH falls below $ 200 then that is a bad result for the whole market and especially the ERC20-based coin. The crypto market has always been a surprise and I am very hopeful that there will be a surge in the market in the near future.