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Author Topic: Markets have dopped, altcoins getting hit hardest  (Read 1358 times)

Offline sirty143

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Markets have dopped, altcoins getting hit hardest
« on: June 20, 2018, 06:17:43 PM »
What appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out in half an hour. The fall as usual was led by Bitcoin which dropped $150 and settled at just over $6,600, down 1.6% on the day. Ethereum remained relatively stable and is trading at the same level as yesterday, $520. Altcoins as usual all got battered and a sea of red has now replaced the green that was there a few hours ago. Most are down 3-4% and only a couple or minor tokens are not feeling the selling pressure at the moment.

More here, https://www.newsbtc.com/2018/06/20/crypto-markets-lose-10-billion-as-altcoins-predictably-plummet-on-exchange-hack-news/

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Markets have dopped, altcoins getting hit hardest
« on: June 20, 2018, 06:17:43 PM »

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Offline luvr1000

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #1 on: July 31, 2018, 01:08:12 PM »
all these news always negatively affect the course of the crypto currency, but they always come to an end and go up
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Offline BatBit

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #2 on: July 31, 2018, 05:57:51 PM »
all these news always negatively affect the course of the crypto currency, but they always come to an end and go up
Agreed. But it is very angry when just started normal growth and everything is spoiled because of such news.
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Offline owmivmen

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #3 on: July 31, 2018, 08:57:38 PM »
In bear market conditions in the present there are only a few ways to overcome that is holding and being patient. all crypto will recover in the future and only takes time for the recovery process.
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Offline levyashin

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #4 on: July 31, 2018, 09:03:59 PM »
I really want a alts party.

What a bad year for altcoin holders.

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #5 on: August 01, 2018, 01:38:09 AM »
What appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out in half an hour. The fall as usual was led by Bitcoin which dropped $150 and settled at just over $6,600, down 1.6% on the day. Ethereum remained relatively stable and is trading at the same level as yesterday, $520. Altcoins as usual all got battered and a sea of red has now replaced the green that was there a few hours ago. Most are down 3-4% and only a couple or minor tokens are not feeling the selling pressure at the moment.

More here, https://www.newsbtc.com/2018/06/20/crypto-markets-lose-10-billion-as-altcoins-predictably-plummet-on-exchange-hack-news/

I always believe market will green again and the price will goes up.

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #6 on: August 01, 2018, 07:29:33 AM »
What appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out in half an hour. The fall as usual was led by Bitcoin which dropped $150 and settled at just over $6,600, down 1.6% on the day. Ethereum remained relatively stable and is trading at the same level as yesterday, $520. Altcoins as usual all got battered and a sea of red has now replaced the green that was there a few hours ago. Most are down 3-4% and only a couple or minor tokens are not feeling the selling pressure at the moment.

More here, https://www.newsbtc.com/2018/06/20/crypto-markets-lose-10-billion-as-altcoins-predictably-plummet-on-exchange-hack-news/

I think It just a crysis, It is normal. I believe market will rise again.
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Re: Markets have dopped, altcoins getting hit hardest
« Reply #6 on: August 01, 2018, 07:29:33 AM »


Offline Pabloiscobar

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #7 on: August 01, 2018, 10:44:58 AM »
Yes because altcoin is inversely proportional to the market. That will make the altcoins getting hit the hardest .

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #8 on: August 01, 2018, 03:56:40 PM »
now the market is starting to show signs of rising hopefully it will continue to grow to replace the losses that have been experienced during times of crisis
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Offline zgrdyg

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #9 on: August 01, 2018, 08:15:27 PM »
These fluctuations happens all the time and will keep happening in the near future. In these times if you are cold blooded you can earn lots of money. If not hodl and wait for the markets to calm down.
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Offline dekafee79

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #10 on: August 02, 2018, 01:21:58 AM »
What appeared to be signs of a rebound over the past day have been quashed this morning when news broke that Korea’s second largest exchange Bithumb had been hacked. Markets tumbled once again, with almost $10 billion being wiped out in half an hour. The fall as usual was led by Bitcoin which dropped $150 and settled at just over $6,600, down 1.6% on the day. Ethereum remained relatively stable and is trading at the same level as yesterday, $520. Altcoins as usual all got battered and a sea of red has now replaced the green that was there a few hours ago. Most are down 3-4% and only a couple or minor tokens are not feeling the selling pressure at the moment.

More here, https://www.newsbtc.com/2018/06/20/crypto-markets-lose-10-billion-as-altcoins-predictably-plummet-on-exchange-hack-news/

Of course, I always believe the market will rise again . I see the market of crypto currency is recovering slowly.

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #11 on: August 04, 2018, 08:25:49 PM »
Today is a very bad day for crypto.

My portfolio is all time low at this point. And we all think bulls were coming back :(

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #12 on: August 05, 2018, 12:23:27 AM »
I least expected Btc to fall below $8000 again but this is quite disappointing but I don't think this is enough to shake some of us.

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Re: Markets have dopped, altcoins getting hit hardest
« Reply #13 on: August 05, 2018, 03:17:00 PM »
if Bitcoin decreases by about 5%, Altcoins can be more than about 10%.
because at the bottom of it all altcoins refer to Bitcoin.

 

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