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Bitcoin and almost every other cryptocurrency crashed hard today
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Re: Bitcoin and almost every other cryptocurrency crashed hard today
#12It's almost like everyone was trying to get rich quick and sold when they saw some profit.
And anyone who bought in at $15k-19k is left holding the bag, as expected.
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#13[deleted]
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#14Still crashing. Down to 11k. ::grabs popcorn:: https://www.gdax.com/trade/BTC-USD
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#15It's almost like everyone was trying to get rich quick and sold when they saw some profit.
Christmas comes early for the cynic.
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#16Serious question: who didn't expect this? Did anybody think that the 19K high of last week was going to be the new normal?
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#17It's almost like everyone was trying to get rich quick and sold when they saw some profit.
There's also probably a set of people like me who got in when ETH was <$10 and want to get enough out to have at least something to show for it.
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#18deleted
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#19Downvote me all you want, but HN really needs to cure this bitcoin-jealousy. Yes, people who invested early became millionares and billionares with a single mouse click. I know it feels unfair when you spend countless hours creating and innovating and not being rewarded. But some of you here needs to stop hating and being bitter. I have been watching HN and bitcoin related threads for months now. Same pattern.
Re: Bitcoin and almost every other cryptocurrency crashed hard today
#20I blame Bitcoin Cash. But to put things in perspective, the crash wiped out like three weeks of gains. So this is just a counter part to the Bitcoin going through the roof article.
Not saying I agree or disagree, but what's the relationship here between Bitcoin Cash (Bitcoin Crash?) and the drop across the board?
If capital is moving into other currencies, it must be a small percentage of the capital, since the others aren't exactly rallying either. Capital's running for the hills.