Quote from: JMD07 on September 16, 2018, 09:08:08 AM

Quote from: No_more_cheaters on September 14, 2018, 09:59:32 AM

how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense

This is due to volatility of cryptocurrency market as all prices may swing without a valid reason. All crypto were suffer the drop of prices not only ETH it happens also on bitcoin. Indeed the fall of prices gives the other investors a chance to buy at lower price and control the market if they will buy huge amounts of coins. If you have money you can control the market and become a whales. Money is powerful weapon to control the situation.

Yes, the market may swing without a valid reason cause crypto currency market are volatility in nature but the market ought to be experiencing some pump in price now and the only thing that could cause the dump in price is manipulation.