Holy Dump !!

[FractalUniverse]

So its finaly here. it was about time for this bubble to pop. Now lets see where it settles.

Any tips for bottoms? Some coins may be already near the minimum, but most of them can still go much deeper.
Dont expect new all time highs any time soon

[thompshma]

What a rollercoaster. Eth with a near $100 fluctuation today.
Thankfully most of my coin are in projects i believe in with legitimate tech backing it not hype.

[FractalUniverse]

ETH is still down only 10% compared to > -20% for other coins, according to my trading platform. Now there is some buying around 300, on other coins as well. but i think it will be just temporary retracement.

[thompshma]

Its a good time to put more into promising projects.

[richsoon]

Um nothing has really dumped that much, if you haven't been in crypto that long these kind of daily fluctuations are quite ordinary. Obviously not ideal but very much ordinary. So I would call it a minor correction rather than a crash or major dump.

Good time to buy I don't think ETH or any other major alt will fall too much further.

[parepare]

wtf is happening? from 408 to 300 and to 350 now in few hours?

[landwind]

Glad ethereum joined us :-P

[FractalUniverse]

wtf is happening? from 408 to 300 and to 350 now in few hours?

maybe its just a bubble vanishing into thin ether

it will bottom out eventually, but imho it won't be above 300. so i think there will be some more dumping in coming days, maybe weeks., perhaps after some rebound.
but it may be the good news for those who waited to buy cheaper.

[Juiceboxx]

Yawn. Just like the last correction im doing nothing to my portfolio. Scared money has no business being in this market.

[outsider360]

The same thing happened about two weeks ago I'm glad I was holding a lot of ETH though, that stuff is worth more than gold.

[talkingdreams]

Is this all because of Bancor?

[parepare]

im not doing anything to my portofolio. im just sad cuz i didnt sell my eth on 400+ and buy it now. i think eth will go 400+ again in a week or two. same thing like now happend when it hit 200.

[ActiveP]

Today should serve as a reminder that volatility may be the rule, not the exception. Big market movements are common in crypto trading, these are thinly traded assets based on speculation and new technologies. No need to worry too much.

[Marsipos]

Considering the crazy price increase of Ethereum around 12:30 ETC, that was just more than sure that there would be some form of dump at some moment or another.

[TravelMug]

I'm seeing all red now. Except for ETH which is going on a full swing. Bitcoin is crashing hard as well. LOL. Maybe investors are just cashing out. Specially ETH which really took off. I don't know what influence that price of all coins to go down today. I'm not seeing any negative news that will really impact the sudden crashing.

[Joel_Jantsen]

I'm seeing all red now. Except for ETH which is going on a full swing. Bitcoin is crashing hard as well. LOL. Maybe investors are just cashing out. Specially ETH which really took off. I don't know what influence that price of all coins to go down today. I'm not seeing any negative news that will really impact the sudden crashing.

Yes after a long dump,even DBG was going up only to drop down again.Eth went from 0.11 to 0.13 since morning.I missed buying it.Nothing to freak out though,the markets will be normal again by tomorrow morning.

[parepare]

I'm seeing all red now. Except for ETH which is going on a full swing. Bitcoin is crashing hard as well. LOL. Maybe investors are just cashing out. Specially ETH which really took off. I don't know what influence that price of all coins to go down today. I'm not seeing any negative news that will really impact the sudden crashing.

there was no negative news on last correction too.

[FractalUniverse]

Total market cap still didn't drop as much (in % term) as in the May. So this is either just small correction of the uptrend, or (i think more likely) it will get  deeper down in following days/weeks. Not easy to tell now.

[Febo]

Total market cap still didn't drop as much (in % term) as in the May. So this is either just small correction of the uptrend, or (i think more likely) it will get  deeper down in following days/weeks. Not easy to tell now.

Yes on 27th May it went from 90b to 60b (33%), now from 117 to 103 (12%). So it is far from being comparable. It all depends if there will be more correction. If this is it, no one will remember this drop already 3 days from now.

[pey]

Market now feel queasy so there might be big vomit any time soon. I feel also queasy eww