Ethereum Price Could Hit 'near Zero'founder Vitalik Buterin | Fortune
Vitalik Buterin (@VitalikButerin) February 17, 2018 Buterin isnt kidding about the volatility. One Ether coin was worth around $13 a year ago but currently costs $950. In the last couple months alone, its gone as high as $1,400 and as low as $580. Bitcoin, meanwhile, has undergone multiple crashes over the same period, although it is currently heading north again (at $11,050, its up 5% on the day). While it may seem unusual to see a major cryptocurrency player adopting a note of caution more readily associated with Wall Street giants and financial regulators , rather than making wild claims about future growth , Buterin is a relatively cautious figure on the scene. More than once, Buterin has warned investors about bubbles and volatility in the cryptocurrency world. In December, he criticized some players for being obsessed with flaunting their cryptocurrency-derived wealth, arguing that they should instead be thinking about how to use the technology for achieving something meaningful for society. Cryptocurrency media is now, even if out of ignorance/stupidity, complicit in making twitter scams look more legit. Also, the ECF is *not* an EF initiative; it's an independent community organization with some EF participants as advisors. Vitalik Buterin (@VitalikButerin) February 18, 2018 At the moment, he is also deeply annoyed about people impersonating him on Twitter in order to defraud others of their Ethereum. Continue reading >>
Ethereum Price Drops Below $800 As Bears Take Control
The cryptocurrency marketsare always evolving in many different directions. Right now, the overall sentiment is pretty depressing, as the markets have gone down in value for quite some time now. With some markets losing 10% in value or more, things are not looking all that great. Especially the Ethereum price is struggling as of right now, for some reason. Anyone who has paid attention to cryptocurrency markets this year will have noticed things are not going exactly as planned. This is especially true for people who have high hopes for the Ethereum price , as things have ground to a halt some time ago. After surpassing $1,000 last year, the Ethereum price has not been close to hitting that target again for over a month now. It doesnt appear we will see that high Ethereum price anytime soon either. Over the past month, it has been pretty evident the Ethereum price is struggling for traction. Although there was a push to $1,000 a few weeks ago, this trend did not materialize in full Instead, things took a turn for the worse once again, as the Ethereum price has been on a steady decline ever since. After dropping below $950 again, the Ethereum price quickly dipped to $900, $850, and is now struggling to reclaim the $800 level. This is partially due to the recent Ethereum price decline of 7.62%. Although Ethereum has not suffered from much of a loss compared to the Bitcoin value itself, Bitcoin is certainly dragging all altcoins with it at this rate. Unless Ethereum can gain momentum over Bitcoin, the USD value of this altcoin will not go up anytime soon. Moreover, with the ETH/BTC ratio declining as well, there is no Ethereum price improvement in sight as of right now. With $1.9bn in 24-hour trading volume , things are not looking all that bad for Ethereum as of right no Continue reading >>
Ethereum Price - Coindesk
The vice president of the European Central Bank saidyesterday that investors are taking a risk buying bitcoin at current high prices. How many people do you think own bitcoin? I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us Continue reading >>
#ethereum Hashtag On Twitter
This timeline is where youll spend most of your time, getting instant updates about what matters to you. Hover over the profile pic and click the Following button to unfollow any account. When you see a Tweet you love, tap the heart it lets the person who wrote it know you shared the love. The fastest way to share someone elses Tweet with your followers is with a Retweet. Tap the icon to send it instantly. Add your thoughts about any Tweet with a Reply. Find a topic youre passionate about, and jump right in. Get instant insight into what people are talking about now. Follow more accounts to get instant updates about topics you care about. See the latest conversations about any topic instantly. Continue reading >>
Ethereum Price Watch Eth/usd Hit By Selloff, Sinks Below $850
Ethereum Price Watch ETH/USD Hit By Selloff, Sinks Below $850 Ethereum price fell sharply today due to a market-wide cryptocurrency selloff ETH hit a low of $815.30 at one point, down by over 15% in the last 24 hours The cryptocurrency is now on a downward trend, holding support at $817.50 Following its recent recoveries , Ethereum price plunged by over 15% at one point today, sinking to a low of $815.30. Its now back to where was at the end of last week, unable to maintain its positive momentum from the past few days. The price drop was generally attributed to a market-wide crypto selloff. ETH is currently on a big downward trend, testing a major support level of $817.50. The recent price actions and resulting moving averages suggest that further price dips are likely to happen. Hence, investors should not expect any major upward movements anytime soon. Its current resistance level is at $890, below the critical $900 mark. In addition, the MACD indicator is showing a strong bearish sign. Volume has subsided in the recent hours, but still enough to affect the market and volatility. Continue reading >>
(eth) Ethereum Price: Drop Expected To Take Eth To $600!
(ETH) Ethereum Price: Drop Expected to Take ETH to $600! Ranked second only to Bitcoin, Ethereum is one of the most popular cryptocurrencies in the markets. The technology that powers Ethereum has been hailed by many as one which may even replace Bitcoin some day. However, for now, Ethereum plays the second fiddle. Ethereum prices jumped by 9000% over the past year attracting millions of new investors. However, Q1 2018 doesnt look as promising as Q4 2017 was. Over the past 24 hours, Ethereum price has remained quite static, falling by a mere 0.20%. Ethereum began the day at $848.50 and closed in at $848. While the last 24 hours arent indicative of much, the past week tells us a lot about Ethereums recent performance. Ethereum began the week at a price of $935, from where it fell to a low of $798. It was followed by a slight surge which took the prices back up to $850. However, it now appears that theres another downtrend forming and one which is bigger than what weve seen this week. Ethereum price has been going through multiple ups and downs over the past few weeks. However, if market experts are to be believed, Ethereum is likely to enter a downtrend which would drop the prices to a low of $600 which is a drop of about $250 from where the currency stands now. Expected movement of Ethereum price | Image; Tradingview Ethereum entering this downtrend would not be an isolated incident as other cryptocurrencies such as Bitcoin, NEO and Bitcoin Cash too, are expected to go down the same path. However, Ethereum has shown a great tendency to bounce back from these lows. Earlier this year, the price had dipped to a low of $500 from where it bounced back to $1,000 in less than 10 days! Ethereum, with a market cap of $83 Billion is a strong player in the cryptocurrency markets. Continue reading >>
Ethereum Price Drop Today: How Low Will Ethereum Go? Why Is Eth Falling In Crash?
Ethereum price drop today: How low will ethereum go? Why is ETH falling in crash? Ethereum price drop today: How low will ethereum go? Why is ETH falling in crash? ETHEREUM plunged today in another cryptocurrency crash that has seen bitcoin and ripple both plummet into the red. How low will ethereum go and why is ETH falling? Ethereum is facing intense pressures as it fell below the $560 support against the US dollar again. A bearish trend line is forming, and the ETH token could continue to slide - with the possibility it could even break the $500 level. As of 12.30pm on March 18, the Ethereum price is worth $514 - a drop of some 13.6 percent today. Ethereum's market cap is recorded on CoinMarketCap.com as $49,557,599,964. Ethereum price: Cryptocurrency could SURGE after Playboy announcement How low will ethereum go? Why is ETH falling? Analysis from News BTC read: This past week, a major downside move was initiated from the $750 swing high in ETH price against the US Dollar. The price declined and moved below the $700 and $600 support levels. The decline accelerated recently and sellers succeeded in pushing the price below the $560 support. ETH price is now trading well below the $600 level and the 100 simple moving average (2-hours). The recent low was formed at $508 and it seems like the price may even not correct in the short term. Ethereum price drop: A bearish trend line is forming Ethereum price drop: Charts show ETH is falling The weekend trading on Saturday has seen the price slide to early December 2017 lows. CryptoOrder wrote: "During the decent, ETC/USD broke past several support levels at $600, $585 and $575. "The hourly chart shows that Ethereum price did not find support at any the retracement levels. "The price is trading below the 23.6% Fib retracemen Continue reading >>
13 Answers - Why Is Ethereum Dropping So Much Right Now?
Why is Ethereum dropping so much right now? Because markets dont go straight up forever. It is natural for a correction to happen after a huge run up. Ethereum has crashed to levels not seen since.May 24. It is still up over 100% in the month of May. The media always tries to find reasons to explain price movements. Sometimes there are fundamental factors such as the DAO hack which will heavily influence the short-term price. However, there is a simple explanation for the recent correction in Ethereum - it simply went up too much too fast and needed a break. There are no real crypto experts out there. This is new to all of us. It's never ever happened before. Anyone listening to all these so called experts are exposing their money to a huge danger. Do research on your own, trust only yourself. Most of you aren't old enough to remember the yahoo bubble? Nasdaq? People are excited. They are buying now. Then the big investors start playing games - they dip the price, the newbies panic and start selling. Prices come crashing down. The big guys come back and buy at the dip - make them selves 2030% richer then they were before. We are in completely unchartered territory right now. You can only make educated choices. Anyone who tells you they know for sure is lying to you and probably themselves too. Stay calm and carry on. Hold or sell it's your choice but stop asking others to think for you - they dont have clue either. Most of these sells are on autopilot and generated by robots. Guys making money that are much smarter than us all. Continue reading >>
Why Is The Ethereum Price Falling Today?
After a spike in value near the end of the year, cryptocurrencies across the board saw a massive drop. The Ethereum price seemed to be bouncing back, but saw a decrease in value of more than 5% today, and the reasons are so far unclear. It has been a rough couple of months for cryptocurrencies. In December, it appeared as if the Ethereum price showed no signs of slowing down, with these virtual investments across the board seeing highs that we had never seen before. This rise in Ethereum price brought in a lot of first-time investors who were, understandably, disappointed when the market proceeded to take a massive nosedive over the course of just a few weeks bringing cryptocurrencies right back down to where they were a few months before. The Ethereum price had shown signs of starting to increase, but today we saw a drop in the value reinforcing the idea that we can never be too sure of which how far and in which direction these cryptocurrencies will continue to move . Ethereum price, like the majority of cryptocurrencies, is largely tied to speculation. While traditional investments like stocks have their value determined by a real-world entity such as the performance of a company, cryptocurrencies have no such basis. As such, its very easy for the Ethereum price to rise and crash due to volatility that is inherent due to the crypto design. While the price has been all over the place over the past few years, The Ethereum price has generally trended upwards remaining at a massive increase since the same time last year despite the massive drop off we saw at the beginning of the year. Over the past few weeks, weve seen the price of most major cryptocurrencies start to recover, but this most recent drop reminds us that the current climate makes a market recovery anything Continue reading >>
Ethereum Price News: Why Is Ethereum Dropping Today? Eth Going Down
Ethereum price news: Why is ethereum dropping today? ETH going down Ethereum price news: Why is ethereum dropping today? ETH going down ETHEREUM is one of many of the major cryptocurrencies that suffered losses on opening this morning as ETH dipped by more than five percent. Why is ethereum dropping today? The second largest cryptocurrency by market cap has suffered new losses today in a morning where all the major cryptos are in the red. ETH dropped down to$851.05 today, a loss of 5.04 percent, as of 9am on February 22. The market cap currently stands at $83.2 billion and some $2.2 billion was traded on exchanges over the past 24 hours. But why has the token fallen into the red today, February 21? Venezuelas Ethereum-based Petro is desperate attempt to bypass U... The cryptocurrency largely held steady at around the $900 mark in February, apart from a drop to $585 on Feb 6 - recovering the following day. But today Ethereum dropped below the $900 mark again as all other cryptos also recorded losses. Ripples price dropped to 1.06 today, as of 8.20am on February 21, down 7.69 percent. Bitcoin was also down by -2.85 percent, recording a price of $11,175.70. Continue reading >>
Ethereum Price: Why Is It Falling Today? Will It Keep Falling? Eth Down 23 Percent
Ripple price LIVE updates: XRP DOWN 22 percent below $0.80 And Japan's Financial Services Agency (FSA) suspended two exchange for a month out of security fears. Matthew Newton, analysts at crypto retailer eToro, agreed the news of regulation was one of the reasons for the markets bearish performance. He said: The recent price fall was driven by two factors. Firstly, bitcoin was trending higher for about a week but failed to break a technical level, which caused a slight selloff. This was then accelerated by the news that Binance, the crypto exchange, might have been hacked, though markets recovered once the exchange allayed fears that funds were safe. Ethereum price: ETH joined other cryptocurrencies in dropping prices this week Regulatory news coming out of US and Japan may also have impacted cryptocurrencies again, but shouldnt be cause for alarm. Cryptocurrencies are still in the early stages of development. As the market grows, regulatory scrutiny is to be expected As the market grows, regulatory scrutiny is to be expected. Appropriate regulation should ultimately help promote best practice and afford protection to the consumer. Although Ethereums losses were not as dramatic when compared to bitcoin, finance writer Jean-Pierre Buntinx argued bitcoins poor performance is dragging down alt-coins with it. Since March 7, bitcoin has lost almost $2,000 in value and at 7.27am GMT was down 22.9 percent since the start of the week. Ethereum rice: The crypto token was down more than 23 percent on the start of the week Mr Buntinx said: Although Ethereum has not suffered from much of a loss compared to the bitcoin value itself, bitcoin is certainly dragging all alt-coins with it at this rate. Unless Ethereum can gain momentum over bitcoin, the USD value of this alt-coins will Continue reading >>
Bitcoin, Ethereum, Ripple, Litecoin Price Drop As Cryptocurrency Laws Discussed By British Politicians
Bitcoin, Ethereum, Ripple, Litecoin price drop as cryptocurrency laws discussed by British politicians Bitcoin peaked earlier in the week and is now on the slide (Picture: Reuters/ Getty) Prince Harry freaked out by cold feet next to Meghan Markle Jasper Hamill Thursday 22 Feb 2018 9:44 am The price of Bitcoin and all the other major cryptocurrencies is on the slide today following a brief recovery earlier in the week. This morning, Bitcoin is sitting at just under $10,500 (7,559) after sliding dramatically from a high of almost $12,000 on Tuesday. Parsons Green bomber who injured 51 passengers jailed for life Both Ethereum and LiteCoin also dived by roughly 5% in the same time period, whilst Ripple has plunged by 20% since last Saturday and is currently threatening to become worth less than $1. However, Bitcoin is priced much higher today than it was a week ago, when it was worth about $9.600. The crypto-slump comes as Britains Treasury Select Committee of lawmakers on Thursday threatened the introduction of new laws to govern the notoriously wild and volatile virtual currency markets. It has launched a probe whichwill focus on the opportunities and risks posed to consumers, businesses and the government by the rising popularity of cryptocurrencies, the committee said. Bitcoin surged earlier in the week before plunging (Chart: Coindesk) A global investment craze over bitcoin and other cryptocurrencies in the last year has seen wild gyrations in their valuations, making fortunes for some investors, while costing others a fortune. Bitcoin, the best known virtual currency, lost over half its value earlier this year after surging more than 1,300 percent in 2017. This week, a mass sell-off drove down the value of Bitcoin and most rival cryptocurrencies including Ethereum, Continue reading >>
Ethereum Price Analysis: Why Is Ethereum Falling Today? / Eth News Today
Ethereum price analysis: Why is Ethereum falling today? / ETH News Today Ethereum price analysis: Why is Ethereum falling today?: In the last couple of months, during the cryptocurrency crash, Ethereum was outperforming by holding its ground. At one point in time, it was even in the green on a month on month basis. This is in stark contrast with the performance of Ethereum in the last 24 hours. In the last 24 hours, Ethereum has dropped by around 5%. In contrast to this, Bitcoin has almost held its place around $ 11,000. This is the reason why many of the investors are asking the question why has Ethereum dropped below $ 900 mark. Most of the cryptocurrencies are witnessing a short-term negative trend. Ripple also has fallen by at least 10% to around $ 1.06. Similarly, Bitcoin is outperforming with the fall of just 2%. The reason for the fall can be attributed to stable positive rise in the last few weeks. Moreover, Ethereum had also held its price during the correction in cryptocurrencies as well. This is another reason why investors might think of booking some profits. SEE ALSO: Ethereum Price Live Today: Ethereum rises 8% in last 24 hours On the other hand, the underlying principles, as well as applications of Ethereum, remain strong. More and more developers are trying to use Ethereum in order to develop their applications. Thus, there is no risk to the applications of Ethereum. It remains to be seen whether this is a short-term trend or whether it would continue in the future as well. If indeed, it continues in the future, many of the investors would actually switch over to other cryptocurrencies. Also, the rise in Ethereum has not been as astronomical from the bottoms as in other cryptocurrencies. It has provided stability to the investors but it has not provided Continue reading >>
Etherum Price | Eth Usd | Chart | Etherum Us-dollar | Markets Insider
Just when you thought you had your head around bitcoin, along comes Ethereum. The word has been in a lot of headlines as the cryptocurrency world's new favorite thing soared in value. The ethereum price of something called an ether token grew in value up over 3,000% from 2016 - 2017. Bitcoin, which is far more widely known as an alternative 'currency', is up about 141% in that same time. But what exactly are ether tokens and Ethereum? And how is it different than bitcoin? We've broken it down for you. The reason you've been hearing about bitcoin for years, but Ethereum only recently, is that the latter was only developed two years ago while bitcoin's been around for almost eight years. Ethereum was created by Vitalik Buterin, a young programmer who was told about bitcoin by his father and decided to create a platform for smart contracts; which bitcoin is not designed to do. The Moscow native began working on Ethereum after he dropped out of college, according to CNBC. Ether tokens and bitcoin are called cryptocurrencies because they can be only be bought and sold digitally, are used to pay for things (including pre-school tuition), and because they fall outside of the control of central banks and other government entities that might control a national currency. They're built on a technology called blockchain. That's a kind of ledger that records and verifies transactions made on it. All transactions made on these so-called decentralized networks are public and not controlled by one governing entity. Lately, the idea that both sides of a party say two banks that buy and sell shares from each other can get an accurate and verifiable record of the transaction instantly, has gripped Wall Street and other institutions as something that can be used in lots of ways. There are Continue reading >>
Ethereum Price: Why Is Ethereum Dropping Today? Latest Cryptocurrency Crash
Ethereum price: Why is Ethereum dropping today? Latest cryptocurrency CRASH Ethereum price: Why is Ethereum dropping today? Latest cryptocurrency CRASH THE price of Ethereum has slumped today along with rivals Bitcoin and Ripple in the latest cryptocurrency crash. But why is Ethereum dropping today? Ethereum , the second largest digital currency, dropped by 9.78 percent over the last 24 hours, falling to $621 at 7.05pm on March 14 after opening at $690.83. At 9.04am, the token fell further and exchanged hands at 438.37 ($611.90), down 0.51 percent on opening today. The value of the cryptocurrency has plummeted by 16.77 percent in the last week, when Ethereum was trading at $745.19 on March 7. The current slump is being felt across all cryptocurrency markets, amid the threat of regulation. Ethereum, along with all other cryptocurrencies, is currently in the red. The crypto market is currently being battered by warnings about its volatility with warnings that the bubble is about to burst, following a bad week. Last Wednesday, the Securities and Exchange Commission (SEC) vowed to regulate cryptocurrencies at the same time that traders were rattled by claims of hacking in the market. And a sell-off of crypto assets by a Japanese bitcoin holder known as the Tokyo Whale - added to chaos in the crypto world. Ethereum co-founder Joseph Lubin, and chief executive officer at Consensus, said it is "hard to tell" whether the cryptocurrency has lost its appeal but rejected claims that the bitcoin bubble has "burst". Speaking on Bloomberg News, Mr Lubin said: "We are so focused on building decentralised applications on the ethereum platform where we are so much less focussed on cryptocurrencies like bitcoin. Consider ether to be a crypto fuel that powers applications on the decentra Continue reading >>