Ethereum Price Drop. How Low Will It Go?

in crypto-news •  7 years ago 

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.

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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!!!

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

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.

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.

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.

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

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

This post received a 2.6% upvote from @randowhale thanks to @champagnecrypto! For more information, click here!

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

HODL & roll baby! We will soon arrive at the gates of crypto freedom. :)

I completely agree with you that it is the perfect time to buy ETH right now.