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Title: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: toheed2x on August 13, 2018, 07:33:36 AM Whats going on ? Did you read this news!
Quit worried why Market Cap moving down :'( Quote Drastic Turn of Momentum in Five Days On August 7, the value of the global cryptocurrency market hovered at around $257 billion, supported by stability in the price of both Bitcoin and Ether, the native cryptocurrency of Ethereum, at $7,300 and $400 respectively. Since then, within less than five days, the price of Bitcoin and Ether fell to $6,300 and $320, reaching $5,980 and $305 at their lowest points on August 11. In five days, more than $43 billion were wiped out of the market. It is evident, given the steep decline in the valuation of the crypto market, that major cryptocurrencies have faced a strong downtrend over the past few weeks. Apart from Bitcoin, the most dominant digital asset in the market, almost every major cryptocurrency and token lost a significant chunk of its value. Ether, for instance, has been one of the worst performing digital assets throughout August, despite demonstrating momentum throughout January to July. Some analysts have attributed the steep drop in the price of Ether to the sell-off of ETH by initial coin offerings (ICOs) and blockchain projects. Dumping of Ether on public cryptocurrency exchanges by large-scale blockchain projects explains why one of the better performing cryptocurrencies in 2018 lost more of its market valuation than any other major digital asset over the past week. For the cryptocurrency market to experience a reversal in trend and momentum, not merely a 1 to 5 percent increase in value but a 40 to 50 percent surge in its value, a drastic change in its volume and price trend will have to be recorded, meaning that Bitcoin would have to secure momentum at major resistance levels. In the short-term, considering the overly strong downtrend of the market, it is difficult to see even large cryptocurrencies recording corrective rallies to be at a better position to initiate a mid-term rally. At this point, a more plausible situation is major cryptocurrencies bottoming out at the lower price range, building stability for a few weeks, and then initiating a strong rally. The probability of cryptocurrencies suddenly increasing in value by 10 to 20 percent, as Bitcoin has done in late June, is low. Bitcoin is in a Better Position? Willy Woo, a respected cryptocurrency analyst who predicted the price of Bitcoin to bleed out slowly from $9,000 to $6,000 in late may, said: “Just looking at Chris’ chart you can see BTC is much stronger this time around. (Comparing OBV indicators over the same time frame is a great way to see of this more clearly.) There’s a lot of buying going on behind the fear and capitulation.” As mentioned above, it is of utmost importance for BTC and other cryptocurrencies to build momentum and stability, to support the next rally in the mid-term. Reference: Code: https://www.ccn.com/43-billion-wiped-out-of-crypto-in-5-days-as-bitcoin-price-rebounds/ Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: crea8ivemoiz on August 13, 2018, 07:39:57 AM Why what happened..whats going on can't understand...how fast is alt coins downward..worried about losses too much ??? any hope for coming days??
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: DesiHunterrrr on August 13, 2018, 07:40:53 AM Its just a down trend for a while we will market moves back to normal and I pretty sure closing around $20k this year.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: CryptoGamblingSites on August 13, 2018, 07:47:47 AM Whats going on ? Did you read this news! Quit worried why Market Cap moving down :'( Your first problem is watching or caring about the price too much. Your second problem is trusting the news on "Why" this is happening.... Bitcoin is storing value of millions of people like it always does, worrying won't make it stop doing that. The price to buy it will not go up to last years levels for another year, those that cannot handle that at any time should just sell their bitcoin instead of worrying constantly. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: hugeblack on August 13, 2018, 08:12:14 AM Stop tracking news from the CNN network. This talk makes no sense, only will create panic :)
This article highlighted the empty side of the cup, the focus was on the decline, although it saw a rise two weeks ago from "6000 to 8000." It dropped due to low hopes on ETF's decision, in addition to some of the factors that led to these corrections. Why what happened..whats going on can't understand...how fast is alt coins downward..worried about losses too much ??? any hope for coming days?? altcoins lost their value because of the lack of gains behind it, as last year was a good year, which led many to join this market. In the future, most of these currencies will back to zero, so invest in Bitcoin is a better option. I pretty sure closing around $20k this year. This prediction is elusive but still possible, show some trust & stop the panic or sell your coins and leave the market.Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: mikan111 on August 13, 2018, 08:19:20 AM The market is unpredictably many falls and jumps, which means a lot of manipulations, I expect it will stabilize in the foreseeable future. Panic and mistrust must be avoided
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Cryptokarl on August 13, 2018, 08:23:55 AM The market has been in downtrend for quite sometime now. The market capitalization wiped out because of the postponement of the bitcoin ETF and many people lost confidence in the market and their was a sell off. I still believe that, we would get to the bull season soon. Accumulate as much as you can now.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Matic on August 13, 2018, 03:37:11 PM If it means that whales are taking there money out from Bitcoin, then this is really an awful news, and we need to be really aware because cryptocurrency in that case can really die if they will take their money out.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: BrewMaster on August 13, 2018, 03:46:37 PM that is what happens when a bubble bursts. a lot of money exits and the prices come down. and in case of this market that is filled with thousands of billions of coins a small drop wipes out a huge market capitalization from the whole market just as a small pump pushes it upwards.
this is a classic altcoin dumping season that has been going on for a couple of months now. it is nothing to talk about really since it is not new. it happens almost every year. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: BitcoinNewbie15 on August 13, 2018, 03:50:08 PM Why what happened..whats going on can't understand...how fast is alt coins downward..worried about losses too much ??? any hope for coming days?? Don't worry about it too much, unless if you are holding garbage altcoins... Then I would be worried. Otherwise, keep hodling onto the coins that have been around for a while. Those are likely going to be the ones that last. Bitcoin is going to be the safest option by far, IMO it's a guarantee Bitcoin won't go up in smoke. These other smaller altcoins are very, very high risk of going to $0. This bear market is natural with crypto, feels exactly like the bear market of 2014/2015. Could be some time until we see a decent pump, so just keep hodling. Don't want to miss out on the pump once it does finally come ;D Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: stompix on August 13, 2018, 03:56:53 PM Stop tracking news from the CNN network. This talk makes no sense, only will create panic :) This article highlighted the empty side of the cup, the focus was on the decline, although it saw a rise two weeks ago from "6000 to 8000." The article is from CCN (https://en.wikipedia.org/wiki/CryptoCoinsNews), not CNN. I doubt you can find a site news that is more bullish when it comes to crypto ;) this is a classic altcoin dumping season that has been going on for a couple of months now. it is nothing to talk about really since it is not new. it happens almost every year. A couple of months...more like two months ;D Till the end of May, shitcoins were still going strong, it was just in the last month that they got hammered a bit. Even if it means seeing BTC going below 6000 it would be really nice to see altcoins getting trashed to a level of 20-10% MC. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: LimeFeline on August 13, 2018, 04:13:22 PM I hope we won't ever have bigger problems than a market downtrend.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: 4x4et on August 13, 2018, 04:15:02 PM OMG, just calm your tits down, Bitcoin will come back.
That is the major thing that attracts people investing, being volatile. You can't earn money if the price remains the same. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: btc_angela on August 13, 2018, 04:31:04 PM Why are you surprised by this news? And look at where the price of bitcoin now. Well, when all the hype surrounding ETF burst because of its postponement its pretty obvious speculators sold off because they didn't went on their way. We might see another rally and regain what we have lost or even more. I wouldn't worry of how much money was wiped out, but rather how much money we can put back in the next couple of days.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: PickwickRock on August 16, 2018, 02:43:24 PM There’s no point in worrying about this recent price drops. We all knew investing in bitcoin would be risky but we never doubted its potential. Those who can’t bear the recent price drops should sell of their shares of crypto. Crypto is still in its initial stage and it was always advised to invest what you can afford to lose. These is no point in complaining about it now. Bitcoin will recover soon.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: jzale on August 16, 2018, 02:53:29 PM We all know how volatile the cryptocurrency market right? If that's the case then we should be ready for unexpected price drop of BTC since it hit all time high last year. Bitcoin is having a correction again and when Bitcoin's price drop so does all the altcoins. This will also cause some altcoins to be wiped out or if not will cause a long term price drop which is really hard for a comeback. The ETF issue has been doing bad effect too for the crypto community. The holders are being anxious about the ETF rejected causing panic selling thus contributing to this downtrend.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: hotforblockchain on August 16, 2018, 02:57:19 PM This is not something very new to me , I was waiting of this to happen.
And the reason is very simple, I did compare dotcom bubble to crypto bubble already some time back and we had to reach lower levels to shake off majority of speculants. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: betty12 on August 16, 2018, 03:11:47 PM It's normal, it's a game to get panic investors frightening, so they can sell off cheap. when they sell off cheap, the Cabals buy back. Even if market is crashing on me, Crypto is here to stay. Time and patience is all we need.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: tomahawk9 on August 16, 2018, 03:25:22 PM Most of that money was wiped out from the altcoin market. And it's not surprising to see such a massive sell-off/dump, it's simply another part of the altcoin cycle, it was bound to happen after the altcoin market began to pump around 5 or 6 months ago, it was around the time when the btc dominance went down to the 40% levels and people started pouring tons of capital on shitty projects and shitcoins.
Quit worried why Market Cap moving down :'( There's no to worry about, just let the market start its cleaning season, and eventually, the next altcoin cycle will start and legit projects/coins will begin their recovery phase.Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: tegarp90 on August 16, 2018, 03:25:37 PM Whats going on ? Did you read this news! Quit worried why Market Cap moving down :'( Quote Drastic Turn of Momentum in Five Days On August 7, the value of the global cryptocurrency market hovered at around $257 billion, supported by stability in the price of both Bitcoin and Ether, the native cryptocurrency of Ethereum, at $7,300 and $400 respectively. Since then, within less than five days, the price of Bitcoin and Ether fell to $6,300 and $320, reaching $5,980 and $305 at their lowest points on August 11. In five days, more than $43 billion were wiped out of the market. It is evident, given the steep decline in the valuation of the crypto market, that major cryptocurrencies have faced a strong downtrend over the past few weeks. Apart from Bitcoin, the most dominant digital asset in the market, almost every major cryptocurrency and token lost a significant chunk of its value. Ether, for instance, has been one of the worst performing digital assets throughout August, despite demonstrating momentum throughout January to July. Some analysts have attributed the steep drop in the price of Ether to the sell-off of ETH by initial coin offerings (ICOs) and blockchain projects. Dumping of Ether on public cryptocurrency exchanges by large-scale blockchain projects explains why one of the better performing cryptocurrencies in 2018 lost more of its market valuation than any other major digital asset over the past week. For the cryptocurrency market to experience a reversal in trend and momentum, not merely a 1 to 5 percent increase in value but a 40 to 50 percent surge in its value, a drastic change in its volume and price trend will have to be recorded, meaning that Bitcoin would have to secure momentum at major resistance levels. In the short-term, considering the overly strong downtrend of the market, it is difficult to see even large cryptocurrencies recording corrective rallies to be at a better position to initiate a mid-term rally. At this point, a more plausible situation is major cryptocurrencies bottoming out at the lower price range, building stability for a few weeks, and then initiating a strong rally. The probability of cryptocurrencies suddenly increasing in value by 10 to 20 percent, as Bitcoin has done in late June, is low. Bitcoin is in a Better Position? Willy Woo, a respected cryptocurrency analyst who predicted the price of Bitcoin to bleed out slowly from $9,000 to $6,000 in late may, said: “Just looking at Chris’ chart you can see BTC is much stronger this time around. (Comparing OBV indicators over the same time frame is a great way to see of this more clearly.) There’s a lot of buying going on behind the fear and capitulation.” As mentioned above, it is of utmost importance for BTC and other cryptocurrencies to build momentum and stability, to support the next rally in the mid-term. Reference: Code: https://www.ccn.com/43-billion-wiped-out-of-crypto-in-5-days-as-bitcoin-price-rebounds/ Yeah, this is where we are. The price of crypto is really news depended. If any big news came out, whether is true or not. The price is must be spiked to the sky or to the earth ground Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: AXELNetwork on August 16, 2018, 03:26:25 PM You just have to be patient, the markets will go down and up down and up, just ride it out when it's down.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Nicolaus Copernicus on August 17, 2018, 09:49:54 AM Rise and fall is a part of the market. There is nothing to worry I think. People got paniced by the ETF and sell their coins at once was the big reason for the price down. But the price will rise again for sure. Just we have to wait.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: ShiftLocker on August 17, 2018, 04:05:52 PM Market is now in down trend. It almost happens in every year. It happened now because the people who were in this lost their invest and selling of their coins. It will be all okay very soon!
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: ShiftLocker on August 18, 2018, 04:51:39 PM Currently, the market is in down trend now. Pople have lost their interest and confidence from the market which is causing this down trend! People are selling off their coins. Now they have to wait and hold patience to see the hype again. Because it happens in every year almost.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: butterflies04 on August 18, 2018, 04:58:52 PM I think all this money will be reformed and will be generated back into the market within the next 6 months. This entire crash seems scripted and rehearsed. I'm not buying it and increasing my alt coin positions.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Actum on August 18, 2018, 05:35:46 PM The market is now in down trend for quite some time. It happened because many people lost their interest and confidence from the market and they just sell off their coins. So just be calm as it happens almost every year. It will again in the hype that’s what we can hope!
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: ListingOnly561 on August 18, 2018, 06:19:12 PM The market is really unstable now. It’s falling and jumping. Totally unpredictable it is. We must need to avoid panic and manipulated news. Otherwise we cannot see the stability of the market.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: WolfRisk on August 18, 2018, 06:31:05 PM In my opinion bitcoin is gathering value of billons of people like it always does. So if you worry its not make anything change. The value of it will not grow up last year levels for another year. Everything will be stable, Keep your patience.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: OffGrid54 on August 18, 2018, 06:34:40 PM Down trend is going now. We have nothing to do now actually. We need to wait for a while for getting the good time. Maybe within the end of the year the market will rise again.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: OffGrid54 on August 18, 2018, 06:46:13 PM This situation will continue for a while I think. But soon enough the market will stable I think. Maybe in the end of the year we can see some good result
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: artaks on August 18, 2018, 07:02:41 PM you can not predict the crypto market. and price down is normal. hope it will come back again within this year.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Exprow on August 18, 2018, 07:33:32 PM i don't think 2 way factor is the hard security for bitcoin and erc 20 digital wallet. it can not protect your wallet. and there is no 2 way factor verification.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: CryptoCClendon on August 18, 2018, 07:37:44 PM Very very frustrating but we just have to keep Hope alive
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: WolfRisk on August 18, 2018, 08:01:18 PM why you people become serious that much? clam down. i suggest you to hold the coin and take patience. market will come back normal within short possible time.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Blumenkranz on August 18, 2018, 08:04:15 PM Like what everyone said , calm down and hold out to your coins for now is the probably the best option you have.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: SweetSin on August 19, 2018, 06:29:19 AM Bitcoin passing it's most measurable situation recently and many investors left bitcoin and lose their interest from bitcoin.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: icxC on August 19, 2018, 07:09:13 AM Still I am not understand what happen with bitcoin this year still it decreasing below it's lowest rate.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: FrozenPhantom on August 19, 2018, 08:47:12 AM Still now market is not in a good shape and i hope market will back to normal and i believe at the end of this year market will reach $20k.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: LuckyHarriet on August 19, 2018, 09:11:04 AM Bitcoin and other crypto shows their down market and hope bitcoin will be increase like 2017 and it will go aroung 10k$ at the end of the year.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: PETES on August 19, 2018, 10:38:05 AM If you're a long term holder then you don't need to worry about the market and stop too much worrying because it can just make you panic and sell. If you think you've seen too much well it's not because many things will happen. If you have strong faith in bitcoin then believe and live on it because sooner it will all be pay off.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: cryptofan999 on August 19, 2018, 10:43:04 AM That's a shocking news. The cryptocurrency market lost almost 12 billion dollars within 24 hours on August 11. This steep decline of price of cryptocurrencies have left the investors astonished.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: pugi2 on August 19, 2018, 10:51:47 AM Why what happened..whats going on can't understand...how fast is alt coins downward..worried about losses too much ??? any hope for coming days?? Nobody has good opinion about this. But we can say this is because people want to stay safe to pull out the money first before good news coming. In the end of september i think great news will come about bitcoin so i just wait till that day. We hope the bearish is finish soon.Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: FedorIzmailov on August 19, 2018, 10:54:37 AM in two days everything went down even lower! I do not know to be honest when it all ends
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: mecke4 on August 19, 2018, 11:02:05 AM It never ends. Crypto assets are volatile.
The NYSE is volatile at times too. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: cryptofun888 on August 19, 2018, 12:35:30 PM The predictions are not always accurate but it could be close to it. Plus we need to stop panicking and need to stay calm.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Yzhel on August 19, 2018, 12:40:43 PM This is stressful but don't panic it was a trap those weak hands will fall into this many people are using false news in crypto so the market is down and worse scenario is many people are dumping also because of that false news . Better not to give an attention in some news. So that you will not be affected on that.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: carlisle1 on August 19, 2018, 12:56:29 PM Why what happened..whats going on can't understand...how fast is alt coins downward..worried about losses too much ??? any hope for coming days?? Volatility and decentralization,only newbies are being affected by this,because those members that has been around for years knows that thisis a normal scenario when talking about crypto capabilities ..for how many times that we've been here we cant count how many situations like this happens and yet bitcoin stands strong together with altcoins Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Kprawn on August 19, 2018, 01:40:37 PM These are the "Clickbait" type articles that are being used to draw the most attention to their site. You read that and you
think, damn!...The sky is falling and then it turns out that it is just a minor dump of all Crypto currencies and the sky is not falling after all. ;D If it was any other commodity, I would have "exited" when something likes this happens, but this is Bitcoin and we know what happens after a major correction. ;D Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: CoinOnTheBeach321 on August 19, 2018, 04:31:00 PM It will be better if we just stop following CNN news for this matter. Even though that news channel is the best in the world, but they cause panic among the people for no reason.
Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: PETES on August 20, 2018, 09:24:21 AM These are the "Clickbait" type articles that are being used to draw the most attention to their site. You read that and you think, damn!...The sky is falling and then it turns out that it is just a minor dump of all Crypto currencies and the sky is not falling after all. ;D If it was any other commodity, I would have "exited" when something likes this happens, but this is Bitcoin and we know what happens after a major correction. ;D Yeah and I can't wait what will be unfold after this major correction. The market is flooded by newbies that doesn't know how to withstand every volatility and easily dump their holdings. Everything that happen now is all usual and nothing to be worry so quit thinking negativity and wait for the market turn the other way. Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: Kprawn on August 20, 2018, 02:50:20 PM These are the "Clickbait" type articles that are being used to draw the most attention to their site. You read that and you think, damn!...The sky is falling and then it turns out that it is just a minor dump of all Crypto currencies and the sky is not falling after all. ;D If it was any other commodity, I would have "exited" when something likes this happens, but this is Bitcoin and we know what happens after a major correction. ;D Yeah and I can't wait what will be unfold after this major correction. The market is flooded by newbies that doesn't know how to withstand every volatility and easily dump their holdings. Everything that happen now is all usual and nothing to be worry so quit thinking negativity and wait for the market turn the other way. The problem with these newbies are the negative consequences of their actions. They SELL too early, because they do not know the ropes and then they get burnt and they lose money. The next thing you know, they point the fingers at Bitcoin, because it is human nature to get excuses for your own mistakes. Now, suddenly Bitcoin is a bubble and a Ponzi scheme and all the negative things that they can think of, but never their own fault. ::) Title: Re: $43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds Post by: tokatuku on August 21, 2018, 10:27:37 AM Market capitalization was wiped out due to the delay of the ETF bitcoin and many people lost confidence in the market and they sold off. When all the hype surrounding the ETF exploded because of its apparently pretty speculative sell Because they did not go their way. We need to avoid panic and manipulation. Otherwise, we can not see the stability of the market.
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