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Topic: Alt-coin Massacre continues - page 2. (Read 1603 times)

legendary
Activity: 1256
Merit: 1009
July 05, 2017, 08:05:50 AM
#6
Now on its 3rd week , all we see is red color . Altcoins suffer a lot of bloody loss already and it continue to have a downward trend.

Bitcoin dominance is at 42%.  This is hardly a "massacre".  If a massacre happens you'll know it.
legendary
Activity: 3668
Merit: 6382
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July 05, 2017, 07:59:41 AM
#5
Now on its 3rd week , all we see is red color . Altcoins suffer a lot of bloody loss already and it continue to have a downward trend.

There was huge pump, everybody was wondering what happened. Now obviously the correction came.
But I see coins that are not doing that bad or at least started to recover - litecoin, dash, monero, waves, decred ...
A lot of money is still in that market.
sr. member
Activity: 602
Merit: 252
July 05, 2017, 07:54:52 AM
#4
This is probably the worst case scenario for altcoin holders, all they can hope is for BTC and their coins to get back on track before it completely derails.
legendary
Activity: 1008
Merit: 1000
July 05, 2017, 07:52:14 AM
#3
Litecoin is doing pretty good.
hero member
Activity: 882
Merit: 500
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July 05, 2017, 07:14:52 AM
#2
Now on its 3rd week , all we see is red color . Altcoins suffer a lot of bloody loss already and it continue to have a downward trend.
A bunch of people might've lost money through the price of Bitcoin going down, they might've went into an Altcoin hoping that their coin will give them more Bitcoin though when the price of Bitcoin went back up they lost money due to the Altcoin going down in price.

There's some Altcoins that are holding strong though.
hero member
Activity: 910
Merit: 1000
July 05, 2017, 07:02:07 AM
#1
Now on its 3rd week , all we see is red color . Altcoins suffer a lot of bloody loss already and it continue to have a downward trend.
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