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Topic: RED SUNDAY - cryptocurrencies dropping like bricks - page 5. (Read 1659 times)

full member
Activity: 504
Merit: 102
This is funny, few days ago bitcoin reached the highest price and now it drops drastically, all alt is also dump. I do not know what's causing this. We know it's the end of the year and a few more days there will be a big day of Christmas. I think a lot of crypto users are selling their assets to prepare for Christmas and New Year's holidays with their families.
member
Activity: 120
Merit: 10
Cofounder - GIZER - The Global Gaming Network
What do you think about cryptokitties exposing scaling issues in eth. Doesn’t seem thé market is reacting very strongly to it.... you’d think we’d take a harder hit no?

https://finance.yahoo.com/news/cryptokitties-cryptocatastrophe-viral-kitties-cause-180100270.html

QFT
sr. member
Activity: 476
Merit: 250
Rare phenomenon, 95 of top 100 cryptos dropping at the same time on
https://coinmarketcap.com

Time to buy boys! Grin



This is what I am doing, buying.
But it has happened a few times already over the past months with Bitcoin soaring.
full member
Activity: 1750
Merit: 186
Where do you have usdt at?  By any chance its bittrex?  And if so, how do you get usdt?  Did you sell btc or those other coins that use usdt there?



Someone says

thats great! i may do that too! stock usdt after taking profit then buy altcoins! what a good strategy. thank you for sharing!




Is the right way to do it in terms of waiting for dips and wanting to buy altcoins?  Thus have usdt on bittrex.  Then when you want to buy an altcoin... you then immediately buy btc... then immediately sell it for that altcoin?
member
Activity: 350
Merit: 13
Luckily to have stocked some USDT, see that coming few days when bitcoins rose 70% over the course of 7 days! Yesterday my holdings are currently all ERC20 related as Bitcoin was getting weaker, settled my buyout into ETH along with USDT watching for another entry. Bitcoin seems tempting but it's all because about the funds selling fiat and leaves crypto - peak 450 b marketcap had lose 90 b in just 2 days, interesting for big holders to leave with their profits on $15,000+ buyers.

thats great! i may do that too! stock usdt after taking profit then buy altcoins! what a good strategy. thank you for sharing!

Yeah, that's actually better than exchanging back to fiat, since tether provide the same stability as USD.
full member
Activity: 406
Merit: 104
Bitcoin is supposedly hitting Wall Street tomorrow. Guess people are cashing out because of uncertainty.
I'm keeping my shit. I have 0 Bitcoin anyway.
full member
Activity: 210
Merit: 103
Yeah ... it’s almost dropped all the way to where it was last Thursday.   Grin
full member
Activity: 144
Merit: 100
Will be watching the prices and hoping the prices will dip further after Bitcoin Future open. I have USDT available just for this moment.
full member
Activity: 264
Merit: 100
TV TWO - Connect your TV to ETH Blockchain
Yes! If Bitcoin falls in USD each 99% of the alts will fall in USD. This is not the first happening like this but still some people won't understand this and they wish Bitcoin to crash. Anyway the best buying opportunity is when BTC stopped falling and settled around some price. Don't try to catch falling knives.
sr. member
Activity: 616
Merit: 252
Now is the time to hoard your favorite coins. Many people would be panic selling. We have seen the fastest rise of bitcoin's price in fast few days because bitcoin has been repeatedly appearing in the mainstream media may it be in television or in papers so there are many investors who go in probably when the price is more than $15,000 so they are down now and would be worrying because once bitcoin goes down, there would be FUDs going around which would make the price go lower so it would make those who are fresh in cryptocurrencies to panic sell.
full member
Activity: 630
Merit: 102
Luckily to have stocked some USDT, see that coming few days when bitcoins rose 70% over the course of 7 days! Yesterday my holdings are currently all ERC20 related as Bitcoin was getting weaker, settled my buyout into ETH along with USDT watching for another entry. Bitcoin seems tempting but it's all because about the funds selling fiat and leaves crypto - peak 450 b marketcap had lose 90 b in just 2 days, interesting for big holders to leave with their profits on $15,000+ buyers.

thats great! i may do that too! stock usdt after taking profit then buy altcoins! what a good strategy. thank you for sharing!
legendary
Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
What just happened ? This is very annoying as i just took one position...Now i feel dumb

I would have gotten way more coins just waiting few hours :/
sr. member
Activity: 503
Merit: 286
What is the cause of this? Nothing seems to have substantively changed. Maybe the prices were pumped too high by irrational exuberance and now coming back to normal levels. How far down will it go?
full member
Activity: 644
Merit: 117
swing!
Luckily to have stocked some USDT, see that coming few days when bitcoins rose 70% over the course of 7 days! Yesterday my holdings are currently all ERC20 related as Bitcoin was getting weaker, settled my buyout into ETH along with USDT watching for another entry. Bitcoin seems tempting but it's all because about the funds selling fiat and leaves crypto - peak 450 b marketcap had lose 90 b in just 2 days, interesting for big holders to leave with their profits on $15,000+ buyers.
member
Activity: 350
Merit: 13
Rare phenomenon, 95 of top 100 cryptos dropping at the same time on
https://coinmarketcap.com

Time to buy boys! Grin


EDITED 11.12.17 - Made a great profit buying on bloody Sunday, did you?
My whole portfolio is +% green as weed can be Wink



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