I find myself focusing on the capitalization of the entire market. And then the entire market cap has implications on what different coins should be worth.
History is now showing that it's a multiday drop. The whole market is just below 600B. When everyone was excited, it was up in the 650B's. I think it could go all the way down to 450B's.
I guess that was the bottom of it . on bittrex btc touched 15,500 but there is so much interest that it did not stick there and went back up above 17500. looks like the money went from btc to bcc while it was being pumped.
I find myself focusing on the capitalization of the entire market. And then the entire market cap has implications on what different coins should be worth.
History is now showing that it's a multiday drop. The whole market is just below 600B. When everyone was excited, it was up in the 650B's. I think it could go all the way down to 450B's.
You were right on the money!
I guess that was the bottom of it . on bittrex btc touched 15,500 but there is so much interest that it did not stick there and went back up above 17500. looks like the money went from btc to bcc while it was being pumped.