CryptoCurrencies are getting crushed! A correction or snowball affect?

in bitcoin •  8 years ago 


Hi Steemians,


tough day today, as cryptocurrency prices  plummeted sharply. 

Bitcoin, ethereum, ripple down more than 20% from record highs


https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2017-07-11/cryptocurrency-boom-turns-into-bear-market-as-skepticism-rises


 Is Bitcoin going to go up tomorrow? It's a supply and demand...if people will panick and sell, it will go down. If more people see it as a buying opportunity-it will go up. 


What do do you think? A small overdue correction or a snow ball affect? 

Please comment below.

bitcoin cryptocurrency money news
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!