Bitcoin price falls: What effect this could have on Altcoins
The price of bitcoin continues to fall..
Just in the last 12 hours the price dropped from $17000 to below $15,500 and the curve seems to be dropping more
)
Could this be because of the high fees or could it be because of the Bitcoin Cash scandal of Coinbase
Steem and Steem Dollars seems to be doing good..
While other Altcoins were also rising, slowly the price of Dash is also falling after it reached to $1500 which is now $1385 at the time of this writing.. it's having a similar effects on ETH and LTC too
Anyway I'm looking forward to events like Christmas and New Year and how it effects the money market as this is the time when people would spend a lot of money..
How to you see this fall in price.. Would you sell all your bitcoins thinking it will go down and you don't want to take the risk of making a loss or would you hold your coins till it rise up back and sell them later when it gets $30K
Or would you take advantage of this fall in price and buy as much as you can cuz the prices are getting lower..
everything is down not a good day for alt coin lovers
yes indeed.. all the coins I'm following have fallen very dramatically.. except Ripple managed to hold on and had a +1.55% increase..
Time to buy more Ripples?
Thanks for the information @skreza
the information is already outdated now
it going further down but steem don't seem to be falling :D
unfortunately everything fell.. market is crashing.. any suicide news yet?
This post has received gratitude of 14.89 % from @appreciator thanks to: @skreza.