Why is ETH and BTC in a downward trend and does everyone think ETH is suddenly crashing out of nowhere? It doesnt help that this board has a billion shills distorting peoples abilities to find a rational opinion.
I think it's the irrational fesr of people that it will go lower and lower which drives them to sell and thus of course contributes to the crash. 200 EUR or 200$ is like a magic line where people start rebuying and ether goes back up. So no worries. Give it a month or so
>>2632544
Give it a few more days and ETH will be back above $300 and fine.
This isn't a problem.
What has to happen is people basically have to lose all hope. ETH has to stay stagnant in one place for weeks or even months and scare off everyone. Only then will it start to rise organically on its own.
Multiple hundred million $s invested in companies that don't even have a basic working product, on a network that cannot even handle one traffic spike for an ICO, and you didn't see this coming? They all have to convert to fiat to do something with the funds they raised... if they will even ever deliver a viable product.
>>2632544
Bitcoin Ransomware is Behind Attack on Russia and Ukraine
http://www.financemagnates.com/cryptocurrency/news/cyber-security-experts-say-bitcoin-ransomware-behind-attack-russia-ukraine/
Another massive bitcoin ransomware attack, at this rate countries will ban all crypto.
>>2632629
>at this rate countries will ban all crypto.
Which will only skyrocket prices since it proves itself too strong for the Status Quo to control.