Bitcoin Forum

Rare phenomenon, 95 of top 100 cryptos dropping at the same time on
https://coinmarketcap.com

Time to buy boys! ;D


EDITED 11.12.17 - Made a great profit buying on bloody Sunday, did you?
My whole portfolio is +% green as weed can be ;)


https://i.imgur.com/rKU4OiY.jpg

Luckily to have stocked some USDT, see that coming few days when bitcoins rose 70% over the course of 7 days! Yesterday my holdings are currently all ERC20 related as Bitcoin was getting weaker, settled my buyout into ETH along with USDT watching for another entry. Bitcoin seems tempting but it's all because about the funds selling fiat and leaves crypto - peak 450 b marketcap had lose 90 b in just 2 days, interesting for big holders to leave with their profits on $15,000+ buyers.

What is the cause of this? Nothing seems to have substantively changed. Maybe the prices were pumped too high by irrational exuberance and now coming back to normal levels. How far down will it go?

What just happened ? This is very annoying as i just took one position...Now i feel dumb

I would have gotten way more coins just waiting few hours :/

thats great! i may do that too! stock usdt after taking profit then buy altcoins! what a good strategy. thank you for sharing!

Now is the time to hoard your favorite coins. Many people would be panic selling. We have seen the fastest rise of bitcoin's price in fast few days because bitcoin has been repeatedly appearing in the mainstream media may it be in television or in papers so there are many investors who go in probably when the price is more than $15,000 so they are down now and would be worrying because once bitcoin goes down, there would be FUDs going around which would make the price go lower so it would make those who are fresh in cryptocurrencies to panic sell.

Yes! If Bitcoin falls in USD each 99% of the alts will fall in USD. This is not the first happening like this but still some people won't understand this and they wish Bitcoin to crash. Anyway the best buying opportunity is when BTC stopped falling and settled around some price. Don't try to catch falling knives.

Will be watching the prices and hoping the prices will dip further after Bitcoin Future open. I have USDT available just for this moment.

Yeah ... it’s almost dropped all the way to where it was last Thursday.   ;D

Bitcoin is supposedly hitting Wall Street tomorrow. Guess people are cashing out because of uncertainty.
I'm keeping my shit. I have 0 Bitcoin anyway.

Yeah, that's actually better than exchanging back to fiat, since tether provide the same stability as USD.

Where do you have usdt at?  By any chance its bittrex?  And if so, how do you get usdt?  Did you sell btc or those other coins that use usdt there?



Someone says

thats great! i may do that too! stock usdt after taking profit then buy altcoins! what a good strategy. thank you for sharing!




Is the right way to do it in terms of waiting for dips and wanting to buy altcoins?  Thus have usdt on bittrex.  Then when you want to buy an altcoin... you then immediately buy btc... then immediately sell it for that altcoin?

This is what I am doing, buying.
But it has happened a few times already over the past months with Bitcoin soaring.

What do you think about cryptokitties exposing scaling issues in eth. Doesn’t seem thé market is reacting very strongly to it.... you’d think we’d take a harder hit no?

https://finance.yahoo.com/news/cryptokitties-cryptocatastrophe-viral-kitties-cause-180100270.html

This is funny, few days ago bitcoin reached the highest price and now it drops drastically, all alt is also dump. I do not know what's causing this. We know it's the end of the year and a few more days there will be a big day of Christmas. I think a lot of crypto users are selling their assets to prepare for Christmas and New Year's holidays with their families.

Seems like the big kid on the block is calling all the shots today. Bitcoin goes up alts go down, Bitcoin gets a bloody nose everyone else bleeds with him.

Hahahaha this so clearly a business strategy. trader should be cleaver also.

>buying at the height of a pump

lmao  :D :D :D :D

I believe it because altcoins market is very tightly correlated to Bitcoin prices, the only way for altcoins to go up is for Bitcoin to stay stagnant or it has a slow uptrend/downtrend movements. Well, we can force to stop people taking a profit. The good thing is today kinda like black Friday for Altcoins. This is the best time to start accumulating more altcoins.

Exchanges that support USDT (https://coinmarketcap.com/currencies/tether/#markets)
Yes, Bittrex do support USDT.

You sell whatever cryptocurrencies you are holding to USDT if you think that specific cryptocurrency is going to dip.
When you think the dip is over, sell USDT and buy back that cryptocurrency.
Since Bittrex don't support fiat, this approach is pretty much the only safe way to safeguard your current market value.

This can also be done with BTC, but BTC is more a wildcard now.

It does not look very good. But I don't see anything catastrophic. I think that we will observe such failures several more times before 2018.

I think it market will still go low, so waiting a little bit and going to buy again. Good thing I sold my coins before bloody Saturday. Selling at high price and buying at low is really profit maker. Lastly, 2018 will be a year of hodl for me as I see that most cryptocurrencies price will soon fly high.

I have already unstocked my bitcoins before its price drop, and i can see bitcoin is still rising after this little drop.
I think people are selling altcoins and buying bitcoin again, this is why bitcoin seems to be on previous price again.
I am expecting a vast drop in bitcoin price soon on the day of christmas. That would be also a good chance for buyers to acquire bitcoin at cheap rates

With this things happening today, I'm sure more traders will choose to buy more alts and try to hold, for me I'll go with PoS coins so while waiting
I can place it inside my wallet and accumulate with the rewards, planning to buy  stratis while there's some downfall I know the team will bring
updates and will bring new height to this coin.

Hi there.  So to make sure of this... usdt is not fiat right?  Okay so let say the only way for me to get btc quickly is by requesting a withdraw from a site that pays out in btc.  So for example, i go and request a 5k usd withdraw.  They then send me 5k in btc to me.  But the issue is this can take hours or even a day or longer.  So if i plan to make sure i have money on hand to buy altcoins especially during dips, once i receive the btc.... i then send the btc immediately to my bittrex account and then immediately sell it for usdt right?  The thing is you say you sell it if you think that currency will dip.  Well for me... im doing this mainly because i want to buy altcoin.  So that reason is fine right?  That is actually the main reason.  Also this would apply to bitcoin as well right?  


So when you say only safe way to safeguard your current market value, you mean the ability to buy an altcoin or bitcoin when you want immediately right?  Because i could not think of a way to buy an altcoin immediately as when i use to buy altcoin... i need to first request a withdraw from a site that pays out in btc.  This could takes hours or a day or longer.  Then once i receive it, i almost always use shapeshift and then convert the btc to the other altcoin immediately.  But of course when i do this, i cannot buy the altcoin i want at the price i want immediately.  So of course the price can go higher or lower etc.  So if i want to have usdt on hand, what i describe is the proper way to do it right?  Like if i want to have 5k usdt balance in my bittrex acct to buy altcoin or btc etc... i should do a withdraw from the site... they send me btc... i just sell it for usdt.  Then i would have like a 5k usdt balance there where i could buy whenever i want at the price i want?    


Another thing i want to ask.  Let say i buy an altcoin for 5 dollars and buy 1000 shares of it.  Let just say btc is worth 5k for example.  Thus i spent 1 btc to buy 1000 shares of an altcoin.  Now the altcoin price went up to 8 dollars and i want to sell.  I sell all of it and i make around 3k profit minus fees.  So when i sell the altcoin back to btc, i get btc.  But let say btc went from 5k to 15k for example.  So i started out with 1 btc... but because btc went up so much... 1 btc is 15k.... and i get only 8k back... i get around 0.533 btc.  So here i clearly made a usd profit.  But in order for me to lock this profit in daytrading, i should be selling that 0.533 btc immediately for usdt which should be around 8k usdt right?  That way i locked by 3k usdt profit?  Because if i dont convert it to usdt and say btc drops... well my 3k usd profit from buying/selling that altcoin could be negated by the drop of btc right if it drops over that amount?

It is a normal event where digital currencies are flunctuating, Indeed it is a great time to buy, and I will probably buy btc and eth and a coin that has a good trend history.

The market behavior is useful to examine! And we need to learn how to earn money in any occasions. What I will do now is to buy coins that fell. Since a few days ago I recorded a good profit in Usdt. And such coins as Stratis is a must buy, while they again have not grown

Buying altcoins in the downtrend of the market while others selling is the wisest thing to do. Stratis is a good choice, and i have been holding Strat for a while. There is a lot of news and releases in the coming month for Stratis.

yes time to buy and time to cut loss. bitcoin is droping and makes all the coin drop too. just hold till bitcoin rise. if bitcoin increase i believe the market will recover too

When the Bitcoin price falls or rises against the USD, all the altcoins will usually follow. This is because all altcoin prices are based on their Bitcoin exchange rate, not their USD exchange rate. This is similar to the traditional stock market, where really bad news for one company can cause all stocks in the same industry to sell off.

The price increase of bitcoin move way to fast. There will be correction and there is nothing bad is happening. These are just market natural flow of event after a sudden rise or sudden fall in price. So I am getting ready to buy more of your bitcoin when you panic sell!

Now i can buy more neo.

we have seen the price is fall now and I think there are still many people gets panic for this and they decide to sell their bitcoin to buy back bitcoin at a lower price. I am waiting for the price for getting down for more so I can prepare to buy another bitcoin with low price. I see in the coinmarketcap, bitcoin has decreased 15% and I think this is the correction that we got now but I still believe that bitcoin price will increase again.

No, it is a cryptocurrency.
Every tether is always backed 1-to-1 by USD held in the reserves. So 1 USDT is always approximated to 1 USD.
If you buy BTC from an exchange, the BTC is usually available immediately after your payment is registered. Is just if you send to another exchange/wallet the delay comes in.
In your case, you don't necessarily need to convert from BTC to USDT first. Because tradings on online exchanges are executed momentarily. For example if you trade BTC to ETH, you will get ETH in your account the instant the order gets executed, everything happens internally.

However there are EXCEPTIONS: Exchanges where you deal with the seller/buyer directly, like localbitcoins.com. In this case you have to send BTC to the seller's wallet, and the seller then send ETH to your wallet.


I mean for example, if you have $1000 worth of ETH on Monday. Tuesday comes and a sudden 100% pump happens, you now have $2000 worth of ETH. Then comes Wednesday and a 50% dip takes place, your ETH is now worth $1000.

Strategic example, if you have $1000 worth of ETH on Monday. Tuesday comes and a sudden 100% pump happens, you now have $2000 worth of ETH. You think the pump is over and can anticipate a dip, so you now sell $2000 worth of ETH to USDT. You now have $2000 worth of USDT. Then comes Wednesday and a 50% takes place on ETH. Your USDT is still worth $2000, but now you sell USDT and buy $2000 worth of ETH.

With the strategic example, your market value would be $2000, while the 1st example $1000.



Yes, correct. If you want to "lock" the profit/loss in place you can sell whatever coins you have and buy USDT or fiat.

Its a weekend and people are cashing out. Relax. Family time means less time allotted to businesses and investments. More people will be cashing in tomorrow (Monday) once businesses open and everyone gets back to work. I can imagine when co workers meet they will talk about this weekend's dip and will convince each other to buy more bitcoin. This money should also eventually flow into alts. Just hodl.

The market cap has reduced which means that the money from crypto has been taken out. People would have encashed their BTC to fiat because that is the only thing I can think of. BTC has dropped around 15% in the past 24hrs and the altcoins have not increased in price too.
Christmas and the New Year is near and this might be the reason why people are cashing out their money in order to buy gifts and manage expense  for the upcoming days.

Yes this is the correct time to buy coins. Very rare time. Some people panic , do not do that.. Please buy now

No Redsunday for Bitcoin as it will fight back to the right place, anyway the price above 10k is ok for Bitcointalk members as I see few of them including me sold Some BTC.

Some people need money and for the merry christmas they were selling BTC I think.

Hi there.  With your ETH example.  Lets just replace it with btc since thats what im working with.  I basically have money in betting sites where even though the balance is in usd... btc is the way to deposit/withdraw on those sites.  So when i want to make a withdraw, they pay me out in btc.  I usually do this only if i want to move some money from a betting to another betting site or... if i want to buy an altcoin.  Thus receive btc... then go to shapeshift and sell btc for the altcoin.  But i wont use shapeshift anymore due to the high fees... but also because there are many coins shapeshift does not have.


The other thing is i have zero interest in holding any new btc from now on due to the price. So for example, if btc is price is 15000.  Let say i withdraw 5000 usd so i get around 0.33 btc from the betting site to my bitcoin wallet.  You say you could then wait a bit and if btc goes up, you can then sell your btc to usdt to get a higher usdt balance.  But of course if it goes down and then you sell it for usdt, you get less.  The thing is i don't want to have any bitcoin at these prices as its already way too high.  Does that make sense?  I basically only want bitcoin from now on only to buy altcoins... nothing else.   So if thats the case, and since right now im waiting to buy certain altcoins but waiting for prices to drop, best to just withdraw whatever usd amount of worth of bitcoin i want now... so when the time comes when altcoins hit the low price, i could then buy btc immediately with my usdt and then immediately buy the altcoin right?  Because i dont want to have to wait many hours or a day or even longer to buy an altcoin because at the moment, i need to withdraw btc from a betting site... then wait for btc to hit my wallet, before i could buy the altcoin via shapeshift.  And since i want to use bittrex to buy altcoins, then best to just keep usdt balance there right?  Of course i would like it if i request btc and then i get it sent to me immediately.  That way i would send it to bittrex and then i wont even need to have itc converted to usdt since i would be buying it immediately right assuming prices is around the same?

With the locking in profits, since i want to buy altcoins, then obviously do this at bittrex right?  But if i only am planning to do this with btc, eth and litecoin for example... thus coins traded against fiat only on those sites, then its best to do it there as oppose to bittrex?  Someone mentioned bittrex is not even needed unless you buy/trade altcoins right?  And here is the other thing.  If you look at the btc buy/sell price on bittrex, its like over 700 dollars less.  If thats the case, then why would anyone sell btc on bittrex unless they are going to buy altcoins?  gdax/coinbase are paying over 700 dollars more for a bitcoin than on bittrex.  Can you explain this?  Because that would mean i would be selling btc for a lot lower price on bittrex whether its to sell it immediately for an altcoin or sell it for usdt where i could use it later anytime to buy altcoins or btc/eth/litecoin etc.

A great buying opportunity indeed! Even Bitcoin has fallen down, which it had to, because a big correction is still overdue! But why are most other coins falling?

Its really not a surprise at all the massive increment it gained last week is something a reasonable person should not expect it to last long. Once in a while the entire market would see a high price then later it retorgress its shows a normal sign because if its just up and up without anything like this, then its time people should get out. But now, price is just try to get a base for the next level to be achieved.

I don't mind the drop as long as it will rise again. I'm starting to buy now when the price is down. It could go lower still but I think if you have some money to buy, this is not a bad time or you wait to see if it drops further.

Wow it's a huge blow, the price falling like mortar, but I think it's okay, we have seen the price keep on escalating in the past few weeks, so we all know one moment there will be all red situation, but I don't expect the falling will be this severe, hopefully it will regain soon, and it's time to buy again

Almost all of the cryptocurrencies have fallen today, but in a bull market, falling is a good thing, falling for better!

Yes, this is an opportunity to buy Altcoins / Bitcoin at a cheap price. Especially with the closer day of Christmas, surely many people sell their assets for the preparation of Christmas.

I agree with this, it seems like anytime bitcoin goes sideways alts start to pump, as if bitcoin holders get bored and just decide to buy their favorite alt. On the other hand i used to think when btc goes down alts pump, not so much anymore.

I don't compare to USD and I encourage everybody don't do it either. If you switch to the ratio to BTC you will see that there a lot of coins green.

A few days ago bitcoin reached the highest price and now it drops continuously, all alt is also dump in price now for that. This is not the first happening like this for first time but still some people won't understand this and they wish Bitcoin to crash. One must have to keep patience and have to try to buy some ALT coin in this type of situation instead of selling.

I don't shocked saw about almost all of price of cryptocurrencies went down due to cryptocurrencies is always fluctuation in the price, although on the traditional instrument of investment, they are always fluctuation too. That's good for some people who search the money from trading alternative coins like me, right now we just need patient to wait until the price of cryptocurrencies start be stable and then we buy back due to usually the price of cryptocurrencies will goes up again, when it happen just sell coins and taking profit and done.

ohh that's great, thanks for sharing this one i did not check the crypto market cap today but as what you've shared now i buy altcoins now and bitcoin.
I hope it will rise up again after this fallen down price, i do this for saving at the same i am investing too. I try also now for trading i hope i gained for thid investment now.
With this dump price now i hope some people did not panic so sell their bitcoin, I'm sure it will rise up again.

Take a deep breath,take a bath,go to park and smell some flowers and comeback when the alts recover dont panic.

It's absolutely normal considering what happened last week, and wait for Christmas for a real dump

this is the opportunity to buy more alts

I'm heavily invested in REQ which will release Colossus soon and it's up from .12 cent to .13 cent.
I'm good. I'm in the %5. =)

I get your point, BTC is too volatile right now to function as a stable currency.
Is not always necessary to convert USDT to BTC first then altcoins, some of the larger altcoins can be traded directly from USDT.
Yes , in your case, since you want a stable market value it would be best to keep USDT before trading, because Bittrex don't support fiat.



Depends on which exchange you like best, and if the exchange support the altcoins you want.
If you are just trading BTC, ETH,LTC and fiat, GDAX would be the appropriate exchange.

Well, as you said, sometimes it is because of the altcoins factor that keep people on certain exchanges. The prices can fluctuate a lot on different exchanges. GDAX may have higher BTC price right here and now, but the situation can drastically change in a few seconds/minutes, BTC is extremely volatile. As seen here https://coinmarketcap.com/currencies/bitcoin/#markets , the price gap on BTC right now is $5274 between cheapest and most expensive exchanges.
Sometimes you can get lucky and stumble upon sellers that dump huge amounts for under/over market price, and therefore drive the price up/down a bit.

Good luck with your trades!

Looks like a good day to buy some more!
Correction was coming and is logical.
Let's see how the markets react tomorrow, when they open.

Just another correction day after pumpings. People keep asking "what cause this?" It is us guys. We all here for more and more profit. Basically some people cash out in sunday. It is good day to buy anyways.

damn i missed this opportunity to earn profit i dont have any money available to buy one of the coins i shouldn't didn't spend it all i could ride the train before it leaves people who have money must be really lucky right now to have this happen and unlucky to those who dont have money and holding coins.

Yeah, when Bitcoin kind of consolidating, then it's the altcoins time to shine. We need to set up a stop-loss order in case of bitcoin make a movement so we can minimize our losses. I also have thought that if Bitcoin going down the money will flow onto altcoins.

To be honest, I don't panic when Bitcoin and other cryptocurrencies are dropping it's value. It's an opportunity for us to buy while the prices are low. However, not all of them are dropping. I bet it will recover again later or tomorrow.

Maybe others who are holding Bitcoins are on "panic selling", which is just my assumption that Bitcoin and other cryptos are dropping.

I just looked and about 94% of coins were dropping in the top 100 at Coinmarketcap.

GOOD.

Each and every single Altcoin except Litecoin deserves it.
Probably 90% of the list is made up of ICO coins too.
And all ICO coins are scammy retarded bullshit.

It is a bubble.
You can tell because no one here has an account with more than a couple posts.
And yeah that is a bad thing.  ::)

It would be nice if you all could stop and think for a second.
Look at all of this then step back and then wonder what the outside world thinks of it all.

It reminds me of Allan Greenspan saying the scene would not let the system collapse.
He was wrong and had no choice but to admit it later.
Even though he was in charge of the federal reserve and on the cover of Time magazine and regarded as a Money God.
He kept saying the scene didn't need regulations.
True or not it hammers home the point here.. you will fuck it up !

You all are here to find the next coin being released for real cash money profits.
It all has nothing to do with a new open source & fair decentralized digital currency.
It is nothing more than the crowd funding trend spilling over into the crypto scene.

It's simply obscene when idiots pile in and decide to start calling an open source decentralized currency a "company" startup.
It's retarded.
We had a ton of coins with no premine or money up front.. such as *BITCOIN*.
There was never any need to ask for million up front ahead of time.
We know because Bitcoin was made wasn't it ?

I have to laugh my ass off how you all support ICO bullshit in order to get the most coveted coin of them all.
The one that is ? ..not an ICO ROFL  :D

I don't enjoy being a jerk but you all left me no choice.
You made your bed here and i love watching you sleep in it.
I want to see authorities coming after you and you shitting your pants and going broken.
You deserve it.
You knew better and defiantly like rotten brats kept arguing.. greed is good.
You all took away something i liked and ruined it.

And by the way i will say yet again i don't have any problem with "profits".
You all perpetually fail to see any distinction what so ever between good and.. bad profits.
The line was not blurred.. it was removed.

Hahahaha  ;D
Well-written FUD, almost contagious like brain rot.

https://media.licdn.com/mpr/mpr/AAIA_wDGAAAAAQAAAAAAAA0nAAAAJDAwZTE5NzAyLWUzYTEtNGEyMi1iMjJkLTcwYWQ3YmQzNzFiYQ.jpg

is it a good time to buy ltc or will it stabilize at a lower price? and which is a better investment btc or ltc?

I think LTC is better because the tax is there lower and it have more chance to grow up than Btc  ;).
And Yes at the moment is a really good time to buy some LTC, because it is starting again to grow....
https://www.coingecko.com/en/price_charts/litecoin/eur#panel (https://www.coingecko.com/en/price_charts/litecoin/eur#panel)

I say it's a good time to buy alts now. The price might drop further but there's no way to tell. Just choose some coins you lik and try to get them at a discount while they are down.

btc is better, ltc have nothing good for people in crypto world. Ltc did not bring good profit for investor like bitcoin.

Not so rare - literally a week and a half ago, the same happened.
But yes, this is a great opportunity to buy some coins ;)

all except waves that is 6% in plus

Enjoy the firesale while it lasts, guys :D

This rollback will soon be over and crypto currency will return everything and even more. My opinion is based on previous observations, it always happens.

It was something to be expected since the rise of bitcoin cant last forever. We will see if this will be a bigger correction or just a minor fall. Everyday you can see profs, that almost every coin is dependent on bitcoin value.

And suddenly red becomes green again. Bitcoin starts recovering from red Sunday. Maybe it will fall again, but who knows :)

no matter the dump or pump of bitcoin, altcoins will turn red, only when btc stay in line can altcoins have a rise, so i really wish bitcoin retain steable

Yes, its a time for buy any coins

Hi there.   When i mention altcoins, i mean coins like ark, power ledger etc.  Basically coins that are not traded against usd. The thing is there are very few altcoins that can be directly with usdt.  Im not interested in those coins.

When you say i want stable market... i dont think that is the right phrase.  I want to have money in my account where...the moment i want to buy... i can buy... does that make sense?  Thus you can only but altcoins if you have btc or usdt.  However i dont want to be holding btc where its purpose is to trade.  And i don't want to touch the btc that im holding.  Thus if i could get btc very quickly... then sell it for altcoin... i would do it that way?  However the sites that i use that payout in btc, they take a while for them to payout for you to get your altcoin.  And your altcoin price might be very high already where you dont want to buy it anymore at that price.

Yes if trading btc, eth, litecoin, fiat, gdax makes most sense.

Well if price is so much higher on gdax, well why would anyone sell any btc on bittrex instead?  Because isn't the only people who sell btc on bittrex... those who are buying altcoins since thats the only way to get altcoins?  So doesn't bittrex make money from people selling their altcoin for bitcoin at a much lower price?  However, when they sell their altcoins for btc... are they getting less btc than they would if say gdax allows altcoin trading at their prices?  Im confused here which way it is.

The other thing is couldn't someone get btc at lower price then sell it on gdax?  However i read you cant do that with wiring money to bittrex because they dont except wires.

Waves just hit $10 which means $1 billion market cap. What a great success on such a day  :D

really it is the way with some alts i am holding the problem is that i have needed some ether but i could not sell because it drops too much.

well when I look at the graphs I don't really see a red sunday. It's just a normal day in crypto currency market. super volatile as usual, going up and down very fast as  expected.

I haven't been looking at the markets for that long, but in the short time i have, i've seen this happen so many times i don't understand how people still panic, get shocked or surprised. I really don't.

With the fall of bitcoin, the courses of all altcoins are painted red. With the increase in bitcoin, everything turns green. However, there are altcoins now, which is encouraged by stability and growth, no matter what - Waves, Monacoin etc.

This is Discount day, isn't it?
This could be Christmas present.
I'm often observe that dropping often occurs on Friday-Saturday-Sunday(weekend time), later on Monday the price will quickly recovery back to the normal. Seen there were some people was controls this condition :D, but hopefully not.
For me who do not have too much money, certainly a good opportunity to buy some coins to save.

I don't like to see this. When this happening, it is remind me some people negative comments about crypto  >:(

It's a really great time to buy alts. But there is the altcoin which makes +20% as of today - it's waves! I'm really glad that it happens. It cost very low and now it's around $10!

Yes, indeed.
I'm really glad that I bought-in on bloody red Sunday.
Now everything in my portfolio is ++% green  :)

If I remember correctly, last this time phenomenon occurred was back June/July 2017, now the exact same course of events are taking place.
Feels like a deja vu. Ohhh boy 97 of top 100 is green, just like last time.
 

Yes, then I get your points.
By stable currency I mean as in if you have $1000 today that you can spend, tomorrow and the day after, you still have $1000 worth you can spend on altcoins.

As you reckon Bittrex dont support fiat trading at all(except for USDT via Wire Transfer), the price of BTC shown in USD is more an approximate number based on other exchanges.
The BTC price they show are relative to which altcoins it is paired against.
So to compare, you have to pair them up with the same coins they are traded against.

For example, the price of BTC in USD traded with known cryptocurrencies right now on GDAX and Bittrex.

GDAX   ETH/BTC      $16,592.50   
Bittrex   ETH/BTC      $16,593.80

GDAX   LTC/BTC      $16,474.30   
Bittrex   LTC/BTC      $16,728.60   

The price differences are so marginal, under 2% on LTC/BTC. Over time, the average will flatten out.

Cryptocurrency market is a living market! you can sleep broke in your portfolio one night and the next you could wake up a millionaire! The only character needed in cryptocurrency market is patience!:And if you are still confuse then ALGORY trading platform will come to your rescue! ALGORY is a Powerful multifunctional tool for cryptocurrency trading.

The discounts didn't last long unfortunately! Prices are already recovering to their previous support levels and we're headed into an unpredictable week with the futures bitcoin markets opening up... I hope there are no more 'red sundays' for a while :P

I think people need to realise this is the best time to be buying up this cheap coins, because this red market won't last forever in my opinion, be greedy when the market is fearful

I think another big fear here is Government interference and market crackdowns. Numerous countries across the globe have already taken strong positions on cryptocurrencies. Will be interesting to see how this influences the market over the next few weeks.

Yeah if you buy at the time am sure you will happy now....thanks for the info

Yesterday was an unhappy day with the digital money community, the price of multiple Altcoin and BTC bulk decreased at the same time. But the real increase and fall is what will happen depends on the Supply and Demand of the market! BTC is also a commodity and a means of payment, so that's what happens.

I looked and they are all up now.. BUY CHEAP COINZ NOM NOM NOM  ::)

And i counted and the top 100 have 70% non-minable coins denoted with an Asterisk.
Which i am responsible for by the way.
I am the one who suggested it to Gliss then was mouthed off then called a troll
and then how he added it about a week later minus the apology or admission i was right (again)

I never thought i'd see the day when 70% of coins can not be mined.. and half are worth more than $200 coin regardless.
It's simply fucking insane beyond comprehension.

You noobs don't know what happened because you showed up late and screamed take my money now.
To anything.. paying out.

If that is true, then that was not very gentlemanlike by Gliss.

I started to use Coinmarketcap early 2014, always thought the asterisks have been there, lol.
Noob or not, I'm not new in the game, and I can relate to what you are saying.

Out of the 1400 cryptocurrencies/tokens that are currently listed, I would say roughly less than 30 of them actually have a purpose, a real fully functioning platform(not cloned) that appeal to the critical mass of users, who are not blockchain fanatics.
You win some, you lose some.

You admit 70% are pure garbage and say "win some / lose some"
Uhmm no.. that would be "Win some / lose most"  :D
Why do you all fail relentlessly to see the ridiculous nature of this.

And yeah i suggested it to Gliss and he seemed highly offended and his ass-kissers who joined in insulting me.
Back then.. late 2013'roughly there was nothing to differentiate the coins such as an asterisk.
And there was also far less info posted on the coins themselves just ultra basic info.
Even then exchanges barely mentioned anything about the coins listed too.. they were just 3 letter codes.
No one could tell IFC was mined at launch premined or not vs Mastercoin with an open ended ICO.

It's been struggle with this crap all along.. and the guys reaping the advantage $$$ all along are the ones crying "troll".. and "FUD" of course.

No, not 70%. More like 98%.
Doesn't matter if they are garbage or not, as long as there are people out there that have faith in the shit coins, they can be traded and profited off.
For now I only believe in the God of Money, there is a possibility I may switch to Buddhism later in my life(after I become a millionaire), to seek redemption for all my sins.  ;D