Collapse of the Cyrpto

in #bitcoin6 years ago

So the recent weeks have not been kind to the alt coin markets. They have been just going, going and going down. But on a bright note bitcoin has been relatively stable the last few days. I feel people still wanting exposure to the sector are flocking to bitcoin. 160504-bitcoin-b.jpg This coupled with the decrease in the alts have shot Bitcion market share to almost 57%. That is the highest I can remember since the big jump in prices. Hopefully the alt coins will rebound, but I have the feeling a lot of the junk ones will be going away.

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Can we get this over with already?! Go away junk, take that money and put it into projects that actually have a working product. Time for steem to climb the market cap ranks!

Ya, it would be nice, probably would not get so much regulator crap if the projects were good.

Yep. People raised money for the sake of raising money and then never really delivered anything.

It's rebounding a bit today, hopefully steem is back over 1 dollar

ya, I hope, it is crazy how fast these move

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