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RE: I wake up to see Bitcoin dumped for Monero, Prices dropped below 1000$! Now is the time to buy bitcoin! Now where shall I buy from?

in #bitcoin8 years ago

BTC always bounces, Currently around 941 as I am posting this. The cause was China. http://www.coindesk.com/deja-vu-bitcoin-price-slips-900-amid-china-news/ Monero has become popular on the Dark Web. This is one of the reasons the spike in Monero https://cointelegraph.com/news/monero-loses-darknet-market-in-apparent-exit-scam
Bitcoin is like a gateway coin as well as a few others that you can sell direct to USD. Many of the others first need to be exchanged for bitcoin or Litecoin before converting to USD. Most of the Alt coin market coins are not strong. But there are a few. Ethereum 10.18 each Monero 13.83 Litecoin 4.04 - Currently on Bittrex Dash currently has the top volume, current price is 12.95 and climbing. Decred is looking like it is getting some attention a high of .85 and low of .56 has the largest % gain

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Yeah that is true. now it at 890 right now. aaahh ok, it seems to be that way a lot. They have a lot of buying and selling power. yeah monero system also seems to be different than some of the others too!

Yeah but in the end it is not about how much money it is worth but it is about when you bought in. Indeed volume is very important. haven't quite learned how to take advantage with analying how much volume there is! I need to learn more about when a gain shows that it is time to invest too!

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