Bitcoin hard fork FUD, Ethereum panic brings down every cryptocurrency
Every altcoin is down in price. This is what happens when the number two crypto on the planet goes through the troubles it went through over the last week. There is a lot of Bitcoin hard fork FUD out there again and when you take that into consideration and combine it with the Ethereum panic you get the price drops we are seeing. The total market cap of the cryptocurrency space has gone from $115Bil to $93Bil in a week! Strong hand time! It should be noted that Bitcoin dominance has increased during this Ethereum/Altcoin crash. Some people are fleeing into Bitcoin.
https://steemit.com/andyhoffman/@andyhoffman/6-25-17-andy-hoffman-bitcoin-vs-ethereum-and-everything-else http://www.businessinsider.com/ethereum-price-plunging-despite-flash-crash-victims-getting-their-money-back-2017-6
Sobuka-https://www.youtube.com/channel/UCVgr21pxQefjRKF51O6h0lA/about
Andy Hoffman-
https://steemit.com/andyhoffman/@andyhoffman/6-24-17-andy-hoffman-why-bitcoin-is-so-important-to-humanity
Andreas- www.youtube.com/watch?v=AQx3E3F8Kz4
https://steemit.com/andyhoffman/@andyhoffman/6-23-17-andy-hoffman-is-bitcoin-money-what-do-you-think
- http://cointimes.tech/2017/06/this-weeks-flash-crash-and-scaling-problems-is-ethereum-a-bubble/
https://medium.com/@jimmysong/segwit2x-what-you-need-to-know-about-the-2mb-hard-fork-27749e1544ce
Why Hard fork wont happen by nopara73 - https://medium.com/@nopara73/uasf-is-winning-the-chicken-game-but-not-the-way-its-supporters-expected-59702a337f6f
115 bil to 93bil! https://coinmarketcap.com/charts/
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I appreciate the insight into this min crash @bitcoinmeister. The Ethereum panic may be a little dramatic. Everyone got their money back. Buying opportunity or are we going to see a follow through sell off? I don't know but I am buying the dips.
Clearly it is at least an ETh market correction. Should people judge ETH based on a GDAX mistake? No they should not, but life it is not fair. Same thing happened with Bitfinex and BTC last summer.
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