mymenace
Legendary
 Offline
Activity: 1596
Merit: 1061
Smile
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August 08, 2018, 12:15:48 PM |
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https://www.newsbtc.com/2018/08/08/fud-fueled-crypto-market-dumps-25-billion-in-24-hours/We're 9.5% down in 24 hours?! Is that how much we fell? REALLY?! Once again traders and hodlers have been suckered into the FUD frenzy and are selling out of crypto. It was hardly as if this decision wasn’t expected and nothing else has really changed in the ecosystem. Total market capitalization has plunged 9.5% on the day resulting in a loss of almost $25 billion. They are currently at their lowest point in 2018 which is just over $231 billion and the bear market is still in full effect. What FUD, that was a week ago, they dumped then. |
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ssmc2
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Activity: 1946
Merit: 1037
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August 08, 2018, 12:29:19 PM |
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How is the opinion of people?
Thick, miasmic darkness surrounds us. Infecting. Seething. Intentions: Unclear. All hope disappears. (Sorry, I began working on a new project yesterday, and have been pumping out lyric ideas for the last two weeks like some modern-industrial Edgar Allan Poe...)Damn Bob that's some Trent Reznor level despair  HeartNIN |
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kirreev070
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August 08, 2018, 12:50:34 PM |
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And Bitcoin doing something.  |
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El duderino_
Legendary
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Activity: 1134
Merit: 3967
#STAYinsideSTAYdrunk *the dude*
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August 08, 2018, 01:49:36 PM |
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Crypto Market Cap: $230 billion
*the new low of 2018*
*229.............. but mine BTC's will not be sold |
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lightfoot
Legendary
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Activity: 2296
Merit: 1595
I fix broken miners. And make holes in teeth :-)
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August 08, 2018, 02:00:48 PM |
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We are just stuck at 7k. Blah.
Well, that comment aged poorly. grr No shit. I just woke up here in the hotel and thought: "Damn people should be dumping their Lambos and buying Bitcoin. If only it wasn't so expensive". So I checked the prices...... And now, 6400 bitcoin and I am kind of unimpressed with Lambos (well, the Hurrican at least). Can barely fit in them, and they're surprisingly sluggish on the track. Especially compared to a twin turbo Ferrari or even a 911 GT3. So last night was a lesson: If you have bitcoins, HODL. If you have Lambos, SELL and pick up cheap coinz... Definitely a bumpy night. |
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El duderino_
Legendary
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Activity: 1134
Merit: 3967
#STAYinsideSTAYdrunk *the dude*
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August 08, 2018, 02:28:25 PM |
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Crypto Market Cap: $230 billion
*the new low of 2018*
*229.............. but mine BTC's will not be sold *228 same story no sellings |
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goldkingcoiner
Sr. Member
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Activity: 700
Merit: 395
Blockchain Startup Adviser
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August 08, 2018, 02:31:39 PM |
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Well this seems unfortunate. Might as well sell because the market is not looking so goo- HA YOU THOUGHT YOU GOT ME? NO! I don't think so! I already can smell the spike back to 7k and then to 8 from here! All this drop is only ETF panic combined with the regular panic. I see no huge sell offs?
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fabiorem
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August 08, 2018, 03:00:15 PM |
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Well this seems unfortunate. Might as well sell because the market is not looking so goo- HA YOU THOUGHT YOU GOT ME? NO! I don't think so! I already can smell the spike back to 7k and then to 8 from here! All this drop is only ETF panic combined with the regular panic. I see no huge sell offs?
Theres no panic right now. Panic was what happened in December and January, but not today. I have been checking the sheeple in some other places, and all of them only think of bitcoin as a highly speculative asset. They are selling at the minimal sign of 5% profit. They dont want to use it in the future, so no holders are selling. You dont have panic when all the sellers are shorters, what you have is manipulation and pettiness. |
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Raja_MBZ
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Activity: 1610
Merit: 1383
Any questions related to my signature site? PM me!
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August 08, 2018, 03:25:31 PM |
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Crypto Market Cap: $230 billion
*the new low of 2018*
*229.............. but mine BTC's will not be sold *228 same story no sellings We're below all of these companies:   |
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lightfoot
Legendary
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Activity: 2296
Merit: 1595
I fix broken miners. And make holes in teeth :-)
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August 08, 2018, 03:25:58 PM |
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Sounds about right fabio. I'm not selling, off to another day in weird-ville instead.
Still can't get over having Mario Andretti as my driving instructor, this place is seriously weird.
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El duderino_
Legendary
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Activity: 1134
Merit: 3967
#STAYinsideSTAYdrunk *the dude*
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August 08, 2018, 03:27:14 PM |
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also remember * every BTC sold is a BTCbought
* from here also the next 24h are very critical
* also need to follow every action of bogdanoff
.......
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starmman
Legendary
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Activity: 1400
Merit: 1029
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August 08, 2018, 03:37:23 PM |
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also remember * every BTC sold is a BTCbought
* from here also the next 24h are very critical
* also need to follow every action of bogdanoff
.......
yep - I'm sure there will be a turnaround soon, but will be when the whales have taken enough away from the weak hands =) |
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El duderino_
Legendary
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Activity: 1134
Merit: 3967
#STAYinsideSTAYdrunk *the dude*
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August 08, 2018, 03:46:52 PM |
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also remember * every BTC sold is a BTCbought
* from here also the next 24h are very critical
* also need to follow every action of bogdanoff
.......
yep - I'm sure there will be a turnaround soon, but will be when the whales have taken enough away from the weak hands =) sometimes just wondering if there are some weak hands to find down here  or only f******* strong bull hands rewards will be like  |
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RejectedBanana
Sr. Member
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Activity: 395
Merit: 486
I am a banana.
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Welp, still going sideways. 6 months and counting. Not until we're safely over $10k is Bitcoin trending up again. It would have to fall below $5k before we're trending down again. Long-term HODLers view, YMMV.  |
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jojo69
Legendary
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Activity: 1834
Merit: 2479
no FOMO
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August 08, 2018, 04:41:27 PM |
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well this sucks
I think I'll go hit my thumb repeatedly with a hammer for a while.
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gallianooo
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August 08, 2018, 04:49:15 PM |
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6200$ ....
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El duderino_
Legendary
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Activity: 1134
Merit: 3967
#STAYinsideSTAYdrunk *the dude*
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August 08, 2018, 04:54:02 PM |
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well this sucks
I think I'll go hit my thumb repeatedly with a hammer for a while.
If iT would distract me than yes but i am to much of a hardcore price observer Going to the movies This evening.... definitly wearing my f******* bear had |
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bitChipper
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August 08, 2018, 05:05:29 PM |
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come on back, wuu-dit dit doo come on back
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LFC_Bitcoin
Legendary
 Online
Activity: 2156
Merit: 3564
One of the world's leading Bitcoin-powered casinos
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No real explanation for this dump. I’m not really bothered any way, HODLING for at least another 3-4 years any way. Plus I got pretty wrecked last night on wine & other substances, feeling pretty numb to anything tbh.
Can’t wait to get home & smoke a couple of joints before going to sleep.
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aaroque2003
Jr. Member
Offline
Activity: 186
Merit: 7
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August 08, 2018, 05:07:17 PM |
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well this sucks
I think I'll go hit my thumb repeatedly with a hammer for a while.
If iT would distract me than yes but i am to much of a hardcore price observer Going to the movies This evening.... definitly wearing my f******* bear had Go to see " Death of a Nation " Dinesh D'Souza... iffffff they let u see it... ... |
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