Are we witnessing the death of the cryptocurrency market? Has the end come for decentralised exchange of payments? Did the banks get their way?
I don't know what I'm actually watching! What's going on with the market, has the plug been pulled and the bath water been drained....
Does the crypto market still have a pulse or has it gone for good?
This is not my attempt in anyway to increase the panic, but for someone with a greater understanding to step in and explain WHAT THE FUCK IS GOING ON
Seriously, is it all over or just another bump in the road? What little cryptocurrency I have I'm holding (hodl) in desperate that something will magically breath life back into the market.
Did we reach the peak already and now this is the norm?
Can we expect ever lower prices across the board?
Who's flooding the market or have people just stopped buying?
I strongly believe that it’s not going to be the end . Just people started panic selling and market is dancing red throughout . Just HODL 🔥 will save our asses now .
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HODL yes... and if you have any liquid fiat BUY once we hit the bottom :D
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Probably the banks manipulating the prices (like they've be prosecuted over for precious metals manipulation) so that they can make massive cheap acquistion of cryptos before they allow naturally market conditions to resume.
[just my theory]
HODL my friend, HODL :)
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Go to the CME futures website.
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
They lead the way like clock work. This morning the futures went up to 8600 and BTC followed and the other coins followed but once it got to 8600 everything froze.
We need BTC to move in order to restart the alt coin market. There will be no rebound unless BTC breaks out and until the banks decide to pump it (again), we're stuck and unfortunately the better coins are taking the biggest hit.
Keep stacking and ignore JP Morgan's daily speed bag workout on the metals. If you've got some of the better crypto companies... who knows but we were all a little greedy when the crypto space hit 850B and just expected it to smash through $1,000,000,000,000.
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The journey of crypto is only just beginning. Definitely not a death. HODL. We will soon see the upward trend.
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If it is over it was a fun but very short ride! This could be the first major correction! And I think people are sitting on a lot of cash! 👍🏼🍺🥓
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Lol, I just got 3 of my family members involved in the market. I'm going to demonstrate for them how to keep a cool head and make these losses work for our favor in the long run. One of my ICO gurus was saying this is a great time to pick up some discounted tokens you may have missed out on during their ICOs.
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When a man gets a cold, he feels aches, can't breath because he's congested. Feels week because he's dehydrated. And he thinks that he's dying. Well... sometimes you just need a bit of rest and to regain your strength. The death of cryptos? No, don't be so dramatic... get some rest then get back to work :P
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Hahaha.. Brilliant way to look at it! I was "in" before the dec/Jan hype so I've seen lower lows and am not panicking yet. But could we ever see those heights again? A lot of people got burnt by the quick highs and faster falls and will now be very reluctant to get back on board.
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Wow good postingannya I really like
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It's a fair question, and a reasonable thought, but I firmly believe this is just a normal part of the growth process for a very immature market. BTC has seen larger percentage drops than this before. I think one time it did a 70% fall in like 10 hours. Eventually it recovered. Certainly some altcoins may fall away, but the crypto market as a whole has a long way up to go, IMO.
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It like stocks it will go up and down. Just hope it goes back up.
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It's hard to say. I think the price of BTC has dropped so much that even HODL'ers might start panic selling. I wonder how many people who entered the crypto market in December and January have sold. Those are probably the weakest hands. There's a chance for a downward spiral: the more the price drops, the more people will panic sell.
I'm keeping my eye on the price (lol) and once everyone is sure crypto is dead and the price is below $1000, that is when you know to go 'all-in'.
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Futures just moved to 8780 for March. It is 8:48AZ time. Watch cryptos REACT...
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8:52AZ time
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Hello!
Around my 2 year experience i can say its just a crashed not ending! Best thing is to holding. Its not new in crypto market. [My Experience]
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