It'll probably go back up over time. Heard it was like a correction.
It'll bounce right back. Its just because the major wallet of ETH (coinbase) is down (ETH wise)
Originally Posted by Allura
It'll bounce right back. Its just because the major wallet of ETH (coinbase) is down (ETH wise)
Though coinbase being down would cause the price to fall a bit, there's still tons of exchanges where eth is being bought and sold at much higher volumes than coinbase. Therefore I wouldn't attribute dips to coinbase being shitty.
it would go up, i could be a millionaire investing on this MadafuK Currency :'(
it's gonna keep going down a bit, the question is when to buy? because for sure it will rise back up
It doesn't scale now, it probably will never scale and the congestion will most likely get worse from here.
ICOs and dapps depend on being able to submit on-chain transactions which will become aggressively slower and more expensive over time exactly as bitcoin has.
Bounce right back soon .
Everyone here panics so quick when it drops a little. Relax.
Originally Posted by smatdude13
Everyone here panics so quick when it drops a little. Relax.
A little? The hype is ending fast.
Eth is down roughly 35% right now.
It's returning to its normal state.
It doesn't scale now, it probably will never scale and the congestion will most likely get worse from here.
ICOs and dapps depend on being able to submit on-chain transactions which will become aggressively slower and more expensive over time exactly as bitcoin has.