Quote from: otunayode on October 31, 2018, 11:08:00 PM

Anything can happen when the bearish market is trending in cryptocurrency market. I am of an opinion that we might not have seen the lowest of ether yet, the price might dump further!

I tend to agree with you. Ethereum has infinite inflation and its miners receive new ETH coins every day. Ethereum miners will always be receiving at least 5 ETH for each block added to the blockchain. Thus, they generate approximately 1225 ETH per hour or 29400 ETH per day. These coins are transferred to crypto-exchange markets and are sold there. Large investors should buy 29400 ETH, spending about 5.88 million dollars every day just to stabilize the Ethereum price. I think that Ethereum will drop to 170$ again in the future. It is imminent.