Why is the Price of Ethereum Dropping? My Ethereum Flash Crash Update
These are two videos I made about the June 21 flash crash on the Ethereum market. I discuss how ICO's have congested the Ethereum network. Many believe, that this has lead to the flash crash which fell to as low as 13 USDon the GDAX exchange.
Here is an updated video I did slightly after the first. It is much shorter and too the point, something I am trying to work on with reporting. Keep in mind I've only been back making videos for about a week or so now.
Here is the first Ethereum video update I did:
Why is the Price of Ethereum Dropping?
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Video Links:
Ethereum Transactions Peaking While Ether Prices Plunge
http://bitcoinchaser.com/ethereum-transactions-problem
Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload
https://news.bitcoin.com/status-ico-generates-over-60-million-but-fails-to-deliver-meanwhile-ethereum-flounders/
The whale wallet tha cash out 39,300 ETH back from Genesis back in 2015 time
https://etherscan.io/address/0x7d551397f79a2988b064afd0efebee802c7721bc