xxcsu (OP)
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September 04, 2017, 11:51:11 AM Last edit: September 04, 2017, 12:03:27 PM by xxcsu |
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The total value of the 866 digital currencies tracked by CoinMarketCap.com declined from close to $180 billion on Saturday to $160 billion on Monday morning Things could get worse, with China on Monday announcing a ban "initial coin offerings", the digital coin issuing craze that has helped fuel the market's rapid rise in 2017. Original article here:There was a $20 billion cryptocurrency price correction over the weekend
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Vann
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September 04, 2017, 12:04:34 PM |
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They went up to a combined record high, then went back down. Sounds familiar.
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d57heinz
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Bitcoin Talks Bullshit Walks
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September 04, 2017, 12:38:12 PM |
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The total value of the 866 digital currencies tracked by CoinMarketCap.com declined from close to $180 billion on Saturday to $160 billion on Monday morning Things could get worse, with China on Monday announcing a ban "initial coin offerings", the digital coin issuing craze that has helped fuel the market's rapid rise in 2017. Original article here:There was a $20 billion cryptocurrency price correction over the weekendWhen crypto becomes tbtf watch out!! Read an article the other day. Tech companies starting crypto Coins to fuel stock prices. I mean what could possibly go wrong there! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Remember never invest more than you can afford to lose. I'm seeing too many red flags as of late. Best of luck to all in this realm.
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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antantti
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September 04, 2017, 12:55:55 PM |
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xXLimbXx
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September 04, 2017, 01:24:01 PM |
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Yeah looks like its because of the "China ban". However price started to drop even before this info was made public. Insider info imho.
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rdluffy
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September 04, 2017, 01:54:42 PM |
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Man, it's normal People are taking profits, the coins are red, after that, same people will buy again at low prices, and again, again and again
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Vann
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September 04, 2017, 05:33:56 PM |
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Good for them. The less people that get scammed with ICO's, the better off Crypto will be. When anyone that produces nothing more than a whitepaper with a dream and a wallet can get 100M, it's not going to end well for those investing.
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puwaha
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September 04, 2017, 05:40:09 PM |
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Who cares about ICOs?
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universalresonance
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September 04, 2017, 05:59:08 PM |
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If I'm to understand it correctly- is the bright side of this -that -weak hands will be wiped away from mining and that in turn could bring difficulty down? then perhaps new ones come in and then prices go to the mean?
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QuintLeo
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September 04, 2017, 08:03:48 PM |
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And they're also insisting on folks that did so prior to that ruling return the funds they raised - guess China doesn't believe that Ex Post Facto laws are a bad thing.
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I'm no longer legendary just in my own mind! Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin) 1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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