Topic: Total market cap €400B and falling - page 2. (Read 289 times)
This cant just be a normal correction. Last week I had a drop of 60% and made a bounce and then only 25% down on saturday. It's true that we have lost alot of people since the shitt coins toke theire money. I belive we will bounce back and hopfully reach new ath. But this will take some time. Since also the media is FUDing everywhere with crap and bubble noncens. Read an articel were the compared this to the tulipbubble in the 1600th. This is tecnology and not a flower. Come on!
I think bitcoin is going to crash to $6000-8000 but it will take 4-5 months and will not be above $13K until late 2018. pessimistic I know
this happens normally, every big hype have a big dip also , this happened due to correct market.
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.
i think we are going to see new investments in 2018,
there will be new investors with new FIAT to put in
and the will be returning investors with new FIAT and liquidated crypto ready to get back in too.
i dont think any alts will die, look at DOGE for gods sake, some poeple are buying into it _ _ _ again.
From its peak of €800B, alt coin market cap today stands in low €400B and falling
that my friend is the shitcoin bubble burst of the year.Quote
price of BTC which is hovering around €8k now.
it is €8512 which is equal to $10400this is a global forum and USD is the price value that is used here when reporting the price.
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People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets.
well, when you invest in a shitcoin after it is in a bubble you lose a lot of money which will never come back to you.when you invest in a solid thing like bitcoin even if it drops, you are still holding something useful which will also recover.
and by the way anyone who bought bitcoin in December is now in a little less than 100% profit since price was about $6000
Marketcap is 500B right now and every new year in January we have around same correction of 30 % so stop panic and sell your coins and go away from crypto its not for you.
I always get a big laugh when twerps like you, the self styled crypto experts with absolute zero data analytics skills come here flopping their mouth. It's always the same plain ol' 2 dimensional look back 'oh it always drops in early January' .... this is the limit of your data analysis skills
Thats quite hypocritical since you're saying this is a market crash but you're not giving any explanation or facts either. If you think the Cryptomarket is never going to recover please just leave the forum. The past months there have been very significant increases in almost all altcoins prices. This is just a major recovery. One year ago Bitcoin was expected to hit 3k-5k in December, but it increased more, so a big correction follows.
Marketcap is 500B right now and every new year in January we have around same correction of 30 % so stop panic and sell your coins and go away from crypto its not for you.
I always get a big laugh when twerps like you, the self styled crypto experts with absolute zero data analytics skills come here flopping their mouth. It's always the same plain ol' 2 dimensional look back 'oh it always drops in early January' .... this is the limit of your data analysis skills
Marketcap is 500B right now and every new year in January we have around same correction of 30 % so stop panic and sell your coins and go away from crypto its not for you.
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.
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