#13
I think the very first one that affects its the demand for it, this is always the first case for everything in life, demand, the second is how we are using it in its subsidiary the right idea would to make sure that we are following a certain process that would later create its effect perfectly we are all suppose to be sure that we are placing everything in its course
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#12
Yep, that's right. The media also plays a big role whenever they release news announcement.Originally Posted by Trader_Rob
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Wekesa (08-20-2020)
#11
The price of Ethereum is governed not only through speculative actions, but also by mining profitability. Another is the fact regulations by governments, and the exchangers the increased interest in cryptocurrencies has also put a strain on the way the market
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Unregistered (1 ), Wekesa (08-20-2020)
#10
Very well said, mate. In other words, the market price of Ethereum really does depend on the market movement of its investors, right?
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#9
The main fundamental factors affecting the price of Ethereum include the demand for ether to participate in the ICO and the demand for ether to participate in DeFi projects (such as Compound or Synthetix). Proposal factors include miners selling mined cryptocurrencies to pay expenses, and dumping the collected airtime with ICO projects, all this increases the ETH supply on the market. The net monthly sales pressure is expected to remain negative during 2019 (i.e. there will be more sellers than buyers on exchanges).
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Trader_Rob (12-10-2019)
#8
Today cryptocurrencies (Buy Crypto) have become a global phenomenon known .... Since the difficulty of this puzzle increases the amount of computer power the whole ... If you really think about it, Bitcoin, as a decentralized network of peers that .... Ripple, unlike Bitcoin and Ethereum, has no mining since all the coin
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#7
News announcements really do have a great impact on the rise or fall of a cryptocurrency's price. Investors move according the news and the trend moves according the investors' move.
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#6
The same factors that affects other cryptocurrencies affect ethereum. The forces of demand and supply can change the prices. The news can trigger over buying or over selling. It is a very news sensitive coin.
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#5
Thank you! Now, I understand the factors that affect the movement of Ethereum.
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Unregistered (1 )
#4
The mining profitability affects Ethereum price. Aside from that, the exchanges also take a huge part on it. There was a time when some exchanges stopped accepting new users because of the increased interest in cryptocurrency.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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