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RE: Ethereum Price Drop: What Are The Reasons For $22 Bln loss & Future Outlook for ETH

in #cryptocurrency7 years ago

As a novice in this space I more or less sit in on conversations like this to grow my knowledge. My first thought was that some really deep pockets (Elite) used Ethereum's smart contracts against them to trigger billions in sell from a host of holders to shake confidence in it and they will again. Because of it utility the resistance level and Mkt Cap will grow by billions each round higher. This is "from the mouth of babes"