Why so much fell Ethereum? The opinion of foreign analysts
Source:The Reason for the sharp fall in Live in early September were three major ICO, which entered the market of 13.5 thousand coins. This writes, citing data from research company Santiment.
Usually when a large ICO the market gets to 5 thousand esters, and more recently — about 1 thousand coins. Most of all the tokens released a draft PolicyPal, which had sold 6.4 thousand ethers, or about $ 1.5 million at the time. This is followed Electrify Asia, which got rid of the 1.5 thousand coins.
theWhy dropped Live?
In General over the last week the market got 50 thousand ETH. This was the reason for the depreciation on the $ 50 a day, analysts say.
Another reason for the fall was sudden acne Buterin about blockchains Bicton and Ethereum. The founder of Ethereum called them "terrible", adding that we need to make serious improvements for the future of both coins.
The Following Buterin even more strange statement — he admitted that the price of Air could fall to zero. This happens if the Protocol of the coin will not be substantially amended.
What course of ETN by the end of the year waiting for you? Feel free to share your predictions in .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Brian Kelly: the ICO is not going anywhere, but developers will have to work twice as hard
In an interview Kelly said that there is still untapped potential. However, now the startup teams will have to work twice as hard to get noticed by investors. the is it Worth investing in ICO CEO BKCM LLC continues to believe tha...
Dropped why Bitcoin? The opinion of foreign analysts
In recent days the Bitcoin fell twice and dropped to 6400 dollars. This happened amid concerns about a possible spread of the cryptocurrency over a much longer period than planned. This opinion was expressed by analysts of the lar...
Credibility: why payment service BitPay is rapidly losing customers
the CEO of BHB Network Giacomo Zucco is strongly recommended that the Latvian airline airBaltic to remove payment system BitPay service. According to Zucco, BitPay has serious problems with handling the huge number of transactions...
Bitfury uses "magic liquid" for cooling farms to mining farm
Cryptocurrency startup with Russian roots Bitfury started to use coolant Novec, which is used to extinguish fires on their mining farm with a capacity of 40 megawatts in Tbilisi. Therefore, the company plans to save energy on cool...
The special representative Putin, recommended that Russia not to be the first in cryptocurrency
Russia should not strive for superiority in adoption of cryptocurrency is a much more profitable strategy to be a "fast second". This statement was made by the special representative of the RF President on the issues of digital an...
Again manipulation: how Goldman Sachs was able to capitalize on the collapse of the stock market?
Today in the Internet appeared the news that Goldman Sachs create your own trading platform for cryptocurrencies. Immediately after that, Bitcoin has fallen by at least 12 percent in just one day. Before these events, the market e...
What entrepreneurs and executives think about Bitcoin? 23 bright quotes
Bitcoin and blockchain occupy the minds of millions of people around the world. In the last year of the coin and technology is interested in top managers of the largest IT companies and traditional financial institutions. Given 23...
Bandwidth Lightning network rose to a record 100 bitcoins
network Bandwidth Lightning network in September rose to a record in the history of the e§ existence, reaching 100 bitcoins. About it writes . According to the monitoring of the resource 1ML, now the network has thousands of 3.35 ...
What has caused the fall of Bitcoin? According to a Russian analyst
Today, the price of Bitcoins slumped almost up to 6400 dollars. Most likely, the sharp drop of bitcoin has due to Goldman Sachs. According to anonymous sources, the investment Bank has postponed the start of trading futures Bitcoi...
Picture of Andy Warhol sold through the blockchain for 5.6 million dollars
a Blockchain platform Maecenas first sold a painting worth over a million dollars in cryptocurrency auction. We are talking about the work of Andy Warhol "14 little electric chair" which was bought for us $ 5.6 million. About it w...
Disappointing: Goldman Sachs has postponed plans on creation of their own crypto currency exchange
Even Goldman Sachs are not yet ready for Bitcoin. According to anonymous sources, puts investment plans on opening a trading platform for cryptocurrency. The reason is the lack of a clear regulatory laws around digital assets. Abo...
BitcoinDark grew by 470 percent during the day. Perhaps it is associated with Bitconnect
In the last week the token BitcoinDark (BTCD) increased by 494 per cent, while the largest growth occurred on September 4, then the coin has risen 470 percent to $ 68. The maximum rate was recorded at the exchange Poloniex, writes...
Cryptocurrency Paradise: six countries with the largest number of hontarov
There are many concerns about the low level of adoption of the cryptocurrency. A recent study by Statista shows that the popularity of digital assets in different countries is not so limited. Analysts have made a rating of the six...
Bees against honey: acne Buterin did not rule out a fall in the price of Ethereum to zero
Yesterday acne Buterin unexpectedly called blackany Bitcoin and Ethereum «terrible» during the discussion with the famous Jameson shirobana Loppem. Co-founder of Ethereum, believes that both cryptocurrencies seriously ne...
Lawyer John van ridge has created the most comprehensive to date library white paper cryptocurrency projects. Resource, which contains 1.6 thousand documents, which will allow businesses to better explain to the investor the benef...
It's not so bad: cryptocurrency may be more stable than Fiat
against the background of global changes in the world economy, developing countries in South America, Africa and Eastern Europe are faced with the economic crisis. Massive inflation of national currencies raises questions about th...
Hasrat Cash, Bitcoin fell again. Experts warn about the danger of attack 51
Over the past few weeks, Hasrat Bitcoin Cash plummeted, now it is no more than 8 percent of Bitcoin. Vice President Blockstream Warren a Tog warns holders coins on the significant risk of attack 51. About it writes . the Should yo...
In Russia will start issuing certificates to capturadora. How to get it?
the Russian Association of cryptocurrency and blockchain (RAKIB) approved the criteria which will be evaluated competence cryptocurrency traders. To undergo voluntary testing and to obtain a certificate of professional skills for ...
Comments (0)
This article has no comment, be the first!