Quote from: rz20 on September 09, 2018, 05:01:57 AM

Quote from: NokyRed on September 08, 2018, 09:01:45 PM

Why does the price drop so much? Can someone tell me that? IS THIS THE END? Sad

People are mostly selling their ETHs because of the bitcoin price crash (they want to rebuy at lower price). Not only ETH but the whole market is suffering.

Actually, if you check the market dynamics, eth drops preceeded bitcoin drops. In other words, people are selling eth for bitcoin (on exchanges without fiat withdrawals like Polo, Binance, etc.) then cashing out on other exchanges. So the last drops of bitcoin are due to the eth crash! If the leaders of the project say that it can go to zero, then nobody will believe in it any more. A huge mistake!

"In a lengthy Reddit reply, Ethereums co-founder Vitalik Buterin refuted that argument, stating that while possible in theory, the extinction of ETH is highly unlikely to happen, pointing at two imminent changes in the Ethereum protocol."

Read more:
https://bitcoinexchangeguide.com/ethereum-price-is-going-to-0-if-no-blockchain-protocol-changes-are-made-vitalik-agrees/

https://cryptovest.com/news/bitcoin-core-dev-claims-ethereum-eth-can-go-to-zero-vitalik-strikes-back/