Ethereum Price Drop. How Low Will It Go?

Today I want to talk about the Ethereum price drop. How low will it go?

ETH has been under fire and in the red for several days now. It appears some big whales who participated in the plethora of recent ICOs maybe cashing out their profits from ETH to USD.

What do you think? Is it a good time to buy Ethereum? Leave a comment below.

Start mining Bitcoin and Ethereum

Join Genesis now! Earn Bitcoin and Ethereum daily!
Use promo code zM3Ejh and get a 3% discount:
https://www.genesis-mining.com/a/836035

Follow me on
https://steemit.com/@champagnecrypto

Get 25% off Cryptopay. The best Bitcoin debit card
https://cryptopay.me/join/6eb8b3f2

Indacoin a fast way to buy Bitcoin Ethereum with debit card
https://indacoin.com/change?discount=...

BitBay. Exchange BTC and LTC with no verification.
https://affiliate.bitbay.net/98463

Paxful a site to buy sell Bitcoin https://paxful.com/roots/buy-bitcoin?...

Books to read:

Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
http://amzn.to/2si6AFn

Ethereum: Blockchains, Digital Assets, Smart Contracts, Decentralized Autonomous Organizations
http://amzn.to/2qEUvsT

Bitcoin: What You Need To Know About The Cryptocurrency
http://amzn.to/2rtByfW

Donate Bitcoin (BTC):
1Ef8Dymfdxb9qVfRevqzGQGFCPRr4nFG5r

Donate Ethereum (ETH):
0x3A30BE23b9B2A7c4F59bBBf4B54eF166329c8ddF

Sort:  

Congratulations @champagnecrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the total payout received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Champagnecrypto!!!!!!! How you doing buddy!! Nice to finally meet you.. Been seeing all your videos on YouTube man and just wanted to thank you for all your hard work!!! Thank you so much!!!

I believe that it may have something to do with the ICO craze fading, but ultimately I just think it blew up really really fast and is now in the process of correcting. Long term, I expect ether to be valued WELL ABOVE the current price in 2-5 years from now.

Apparently, the largest South Korean Ethereum exchange, Bithumb got hacked and ether may have been stolen. I think this is leading to more uncertainty with Ethereum and a drop in price as ether is very popular in Korea. I do agree that buying low is wise and that ether will be back over 400 by the end of the year.

Probably going down a bit more. These ICO bubbles got so far out of hand that it was inevitable for a correction to take place. It's still going to be way way up compared to the beginning of 2017.

not only are there so many ICO's... a lot of them are scams. I can't believe people have the audacity to plagiarize their white papers and code.

Not even scams...straight up troll coins. Look at Useless Ethereum Token. It's actually hilarious but people are buying it! https://uetoken.com/

Yeah that is really crazy. I guess people just have money to burn.

hello man !! niice post and good luck for other posts.
you have a good subjects and idea.
i will be happy if you follow an upvote me.

Staying strong my friend, dipped into ripple yesterday probably for the long run

Upvotes you, resteem and following please do same in return :)

Hi!!! your videos are awesome!! thanks!!

I agree Champagnecrypto. Buy ETH while it is still low. It might rise overnight like Litecoin and you'll regret having more

Coin Marketplace

STEEM 0.16
TRX 0.17
JST 0.029
BTC 69432.76
ETH 2492.61
USDT 1.00
SBD 2.53