Any one knows what just happened here?

in cryptocurrency •  7 years ago  (edited)

This is a pretty drastic drop! Wouldn't be awesome to have a tool that tells you exactly what happened at peaks or drops like this? or does it already exists?

Screen Shot 2017-09-08 at 15.56.50.png

Any one's take on this?

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I don't know why the sudden drop...However,I like your idea! As the mouse goes over the price line instead of seeing price and time , there could be a second option where you can see what caused the fluctuation of the price.

Follow your favourite crypto YouTuber or Steemer.

they still didn't post anything...

It could be the bankers playing nasty.

Ahhh... this might be it, the Chinese government are playing sill buggers again and the crypto market is soiling its pants.

Bitcoin crashes on rumors China is banning Bitcoin exchanges

  ·  7 years ago (edited)

Follow @haejin and learn about Elliot Wave Theory. Basically the market is overbought and no new money has come in lately. Also read some of @bitgeek stuff, he talks about 4 different market conditions.

Ok, great. thanks! I follow them and you also.

  ·  7 years ago (edited)

The poster above is making things up. There is a single seller clearing out to buy their gold plated yacht at the rate of 100 BTC/min. This started on OKCoin at 13:21 UTC and the drop has now spread out.

Nice.