21–30 of 107 posts
Any speculations on why this is happening, and whether/how much they will grow in the near future ?
For now it's just a rather small correction, keeping in mind how much they had gone up in the last 60 months. On the other hand, the uncertainty with Bitcoin's Segwit activation, possible chain split etc won't help in the next few weeks including August. It could make the bubble pop... or not. What's weird is that coins that have already adopted SegWit, like Litecoin, seem to suffer even more than BTC during the dips…
30% is not a small correction. Per definition, anything that is down more than 20% is in a bear market.
Does this include all of the altcoins built on top of ethereum? For example, BAT adds another $90million of value that isn't represented strictly by looking at the ethereum market cap[0]. [0] https://coinmarketcap.com/assets/basic-attention-token/
Hopefully everyone looses confidence in mining and I can start buying cheap used GPUs.
Is it a good idea to buy GPU from mining farm? Surely it was overclocked and in bad thermal condition, so it could barely survive. I think, electronic circuits degrade in those circumstances, so this GPU won't last long.
For now it's just a rather small correction, keeping in mind how much they had gone up in the last 60 months. On the other hand, the uncertainty with Bitcoin's Segwit activation, possible chain split etc won't help in the next few weeks including August. It could make the bubble pop... or not. What's weird is that coins that have already adopted SegWit, like Litecoin, seem to suffer even more than BTC during the dips…
30% is not a small correction. Per definition, anything that is down more than 20% is in a bear market.
Looks like it's Ethereum and Ripple which are falling, no? Bitcoin is pretty stable, Litecoin has been climbing, didn't check the others.