You are viewing a single comment's thread from:
RE: Crypto Market Carnage!
It happens every 7 to 10 days or so. Seems to be related. If you watch some altcoins they will start to go up by crazy amounts as it is likely the whales who dump to make the market panic are pumping those other coins. They slowly buy the other coins during the dump of BTC/ETH/LTC and other major ones.
I guess it is time for Bytecoin to jump up from 50 satoshis to 180 again! :) That is a fun one to do.
entire market up yesterday, now down today. Most coins in the top 100 is tethered together. It lets you know a large portion of funds in crypto is for investment purposes only vs actually using the currencies for their intended purposes,,
many of these coins have very different purposes, look at steem compared to ripple compared to siacoin. All of these coins have very different real world applications but we see a correlation when it comes to price increase vs decrease
Omg, those currencies...
storcogato, we need more people like you on this channel.
Btw. you can find out about yourself at this terminal, I found you based on what the machine thinks I like about you, haha.