If a hard fork occurs and these funds are then returned to circulation, it could
cause Ether prices to drop.
Not exact matches
News of the ban
caused temporary
price dips for bitcoin and
Ether.
In a recent video posted to his personal YouTube channel, Dogecoin creator Jackson Palmer explained how, in his view, the frenzy around Initial Coin Offerings (ICOs) is
causing a speculative bubble in the
price of
ether, which is the native token of the Ethereum network.
The DAO, a virtual currency fund that relies on the ethereum blockchain, has suffered a sustained attack that has seen $ 50 million of
Ether siphoned off,
causing the
price of the crypto - currency to plummet.
Market capitalization can be easily manipulated as pointed out by PhD researcher, Mustafa Al - Bassam, at University College of London who pointed out in a tweet that «someone bought 0.002 of the cryptocoin «FirstBlood», for $ 140 of
Ether,
causing the market
price to be shown at $ 69,000 a coin, a 100,000 % increase, making the market cap $ 163B, making it the second biggest cryptocoin.»