Crypto prices continue to flush

in #crypto5 years ago

Coinmarketcap has total being under $120 billion. Heck btc cut through $4k like butter. Not going to predict where the floor will be but certainly not looking good for hodlers.

What will be interesting to watch is how much interest will exist in crypto once many of the prices fall back to levels such as 2015 and 2016. If that will ever happen? Personally watch a couple of altcoins development over the past year has me believing that brighter days are ahead. The tech is advancing but the financial is not backing it. Not yet anyways.

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I can't tell if this is a good time to buy or if there is still more travel to the bottom. It is such a weird market. At a certain point, I am starting to wonder if there is something more artificial that is holding the prices or even pushing these prices lower. Is it trying to flush out some of the large holders to create more liquidity? Maybe. I guess time will tell.

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 63966.64
ETH 3055.32
USDT 1.00
SBD 3.87