Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout

WOW ... a pre-release of an April 1, 2018 "news" article!!

How cute!!

Just bought more Litecoin. F the doomers!

Dat you John?

Am I correct in thinking that this will affect holders of coins like ETN, because when buying BTC was $18,000, but selling ETN back to BTC, they take a 30% or more hit when exchanged to USD? Example:

$1000 BTC bought
$1000 of ETN bought with BTC
BTC falls to $500
So your ETN investment is worth half, because when you sell, it sells back to BTC?

Last Edited by T3OTWAWKI on 12/22/2017 10:59 AM

fuck that I am buying more, you will not get a chance to double your money in next 2 months.

I have made about $15K in 6 months and I am buying every red cent I can from you panic sellers.

It's a last minute Christmas sale. Loading up on LTC and XRP as they are going to move up big in 2018.

You don't have to exchange it back to BTC.

You want it to crash and burn? If it does, your Alt Coins are worthless, you stupid idiot.

yes, Alt Coin prices are always in flux with Bitcoin value.

If an Alt goes up, but Bitcoin goes down, then profits are cancelled out, for example.

Actually buying the BTC back when low is good. You'd want your ETN to be high.

If you are just going back to USD it doesn't really matter what you a changing it out with because you will only be in it for a short time. Hopefully it won't be crashing at the moment. I would use LTC or something other than BTC to cash out if possible. Faster and cheaper. If the BTC fee somehow is too low your transaction could get stuck.

Thanks. I thought that might be the case. Well that blows.

just the high-rollers taking their profits
and the little people getting fleeced.

nothing to see here... just the same old story.

.

I woke up this morning and checked the markets; Wow!
But I am not worried too much. I already saw this a couple of times.

We gonna spend a day with our friends. Drink a coffee, cook lunch and drink some good wine. We planned this in advance, but it fits great to keep me away from my computer.

Yea and they are getting out in to other coin that are going up like KGB up 83% ( does Putin have a coin) and Electroneum ETN up a couple hundred percent.

Yay for Ripple! Here we go on our rocket to da moon!

It's a scam

Every Ponzi scheme crashes sooner or later.

It is SUPPOSED to be self regulating by virtue of 100% transparency. What they didn’t think about was people throwing in the towel and cashing out totally don’t give a crap if everyone knows they are manipulating the market...they know that there’s bugger all that anyone can do AFTER the fact. Once those 1’s and 0’s have been swapped out for actual hold in your hand currency it’s too late, done is done.

Someone will always find a way to game the system. Even if it does end up being regulated it’s too hard to enforce regulation. By the time you track a user/buyer/seller ID that person or group can be completely cashed out. Their complete folio of coins will be switched to liquid spendable currency and off run the newly minted millionaires (or billionaires maybe?) to some little brown skin island paradise with no extradition treaty. That crap already happens on the open market these days, crypto market will be no different if it ever makes it to the regulation stage.

And watch the relulators start buying themselves new suits, leather shoes, sunglasses, watches and gold plated bum scratchers all to turn a blind eye.

Fact it when it comes to $$$$$ there will ALWAYS be corruption, exploitation, winners and losers. We’re never going to have a perfect system because there will always have to be a certain amount of trust placed on individuals.

I kinda lost where this post was going...it’s 04:00am here and I dozed off twice while typing this. If someone know what I’m trying to say you can say it for me. I’m tired and my drunkenness is rapidly turning into hangover city.

It's a Ponzi rip off

Bitcoin needs to stay high to make a profit

So everyone investment is tied to old outdated expensive Bitcoin

They make bum scratchers? Where can I buy one?

i have made £7500 in the last 4 months so far.

working hard and saving.

I said a while ago that it that old Tulip problem again, lol. Wonder why nobody figured this out?

What goes up, must come down. And bitcoin went really really high, way too fast.

If you made money, take your profits. No one ever lost money from taking profits.

Well both GDAX and CB are both down so this doesn't look good. All transfers are also down so no transferring Money or Crypto from coinbase to any other exchange.