Quote from: plescruslo on October 20, 2018, 11:49:08 AM

Quote from: chocolah29 on October 12, 2018, 01:34:06 AM

Quote from: Kemarit on October 10, 2018, 06:39:02 AM

As for the personal view of the OP, You should also consider that Ethereum bagholders are usually ICO project and as this bear market, they will easily dump it if necessary. They need funds to channel out in their operations so its really hard to grasp as to where the price could go.

We actually didn't see it coming, aren't we? I mean I never saw an article nor speculators that consider ico dumping their eth as a factor of the price to decline. If we just got that before we surely sell at peak but of course we're likely optimist about eth position in the market. The ICO dumping had entirely affect the price in which decline by ×12 of its ATH.

I mostly bag eth and had loss a lot and despite of everything, surprisingly I'm still an eth fan and even this will be a win or lose situation I still hold mine. Truly a test of balls, and mine has some cracks. Shocked

ICO projects dumping definitely affect the price and if bagholders didnt collect funds for their channel their price will go down and the same happened here in ETH ICO project. It is clear that if investors move towards ETH investment the ICO will get a chance to maximize its price in the coming days. We should be optimistic and trustworthy about ETH future.

We can see that not a single crypto currency price has down, but almost all crypto currencies are trading in their lowest price, Etherium even bitcoin is also effected by the bearish market, but hope everything will become ok very soon, and we will see the market bearish again.