The market seems to stabilize
After 2 days of seeing red numbers we can finally see that the market is correcting, although a new fall may still occur, but seeing all the crypts are stabilizing is a nice thing.
If we look at the top of Cryptocurrency Market Capitalizations we can see that the first green numbers already appear
Personally I thought that after the fall of bitconnet and the declarations of the governments of South Korea, Fancia and Germany,market fall would last 1 day or 2 more and the BTC would have a new band between 8k and 9k
We will have to wait a couple of days more to ensure that the market has stabilized
What do you think Steemians?
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Ya man, nice to see prices going up again. But these evil banksters and their puppet politicians are trying their best to kill the cryptos. And since they have a lot of power, bad things can happen. Lets just hope that they don't succeed. I liked the fact that 200,000 South korean people signed a petition to not ban crypto trading. The power must belong to the people and not just a few politicans and banksters.
I think that the banks will not be able to stop the cryptos, it is a too big market that evolves every day, besides how a government is going to be able to control currencies like dash, monero or zcash, simply they could not.
In my opinion the true enemy of the Cryptos, are the same holders that are influenced by any news or rumor and who are responsible for the nervous sales we see these days
:P
Yup you are right, these panic sellers are majorly responsible for the fall in price. But banksters and politicians, like controlling bosses, try to instill fear in the heart of the public, which consequently makes the weak hearted people to panic sell.
Green green and more green
It is not hard to guess what will happen next, another fud will start and bitcoin prices will go down, and then recover again.
Yes I do not think the market recovers so fast from the fall of bitconnet.
I hope to be wrong and that indeed the market has already corrected
:D
Great to see the end of this bloodbath, and finish the week in the right direction.
Yes it's good to see green numbers again
XD
I hope there are no more falls and as you say finish the week in the right direction.
:D
That good for everyone and for many like you and me. regards