Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sirty143 on June 20, 2018, 06:17:43 PM
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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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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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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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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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I really want a alts party.
What a bad year for altcoin holders.
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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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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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Yes because altcoin is inversely proportional to the market. That will make the altcoins getting hit the hardest .
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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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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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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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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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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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if Bitcoin decreases by about 5%, Altcoins can be more than about 10%.
because at the bottom of it all altcoins refer to Bitcoin.