When coins pump, there is many things happening.
Poloniex Down
Poloniex went down for some time (really not too long) but after getting back we saw coins going down. The biggest losers of this were people who FOMO XLM above 3000.
Its down again now.
Kraken Down
DDos happened and luckers could buy very very cheap ETH. Sorry for people who got margin called though.
Bithumb Lists LTC
Its the biggest exchange in Korea and 5th biggest in the world.
Top15 Traded Coins byt MarketCap
Yes, STEEM is back in the game!
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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KRAKEN has fiat deposits and withdrawal issues today for some people.
POLONIEX has put manual approval of withdrawals of BTCand LTC for some people.
I believe Steem should remain in the top 10 or even top 5 cryptos. It'll get there, its still a very young crypto and already it has changed the life's of so many of us! Nice post. Just started following you and already you have provided value, since I am a crypto trader myself. Looking forward to your future content. Viva steem.
big chances it will be back there if this price rally wont stop!
thanks for sharing good information...^^
enjoy man, i try to do it daily for everybody following me ;)
Following...as someone who follows the market daily this is great, Thanks!
Congratulations @kingscrown!
Your post was mentioned in my hit parade in the following categories:
We are experiencing exciting times, understatement!!!
Upvoted, re-steemed and followed!!
How they could bring the price that down with a DDOS attack? If service is not accessible for everyone why the price should go down?
The problem is, a DDOS attack doesnt cause their entire server to crash. It only shuts out most users but there are some lucky ones who keep refreshing still managed to log in. And when this happened, it will cause a panic and those who managed to log in will start selling fast hence the domino effect kicks in (triggering margin calls etc).
I have experienced this once at Poloniex during the massive buying of Ripple last month. Have stopped trading at Poloniex since.
Then why the price fall in the first place to cause the panic? I think those who manage to start the DDOS should remove a lot of buying offers from the list right before the start of attack and spend a good amount of BTC in order to make the price fall.
The panic was caused by the DDOS attack on the server and people not able to log in, not by the fall in price. The DDOS attack most probably initiated by big whales with programmed dumping to cause a chain reacted sell down so that they can accumulate again at much lower price
Anyways, these are just my opinion. Nobody really knows whats going on unless you are one of those who are doing this.
A website not responding doesn't cause a panic for users to sell their coins IMO, but your idea about whales doing a programmed dump is correct as that's the only way for me to cause a panic sell like that.
Thanks for sharing your knowledge.
It is even happening right now I think. Poloniex is out of reach and many prices are falling down including XRP, STR and XEM
Nice post thanks
Hello there! I'm new to steem and stumbled across your post. I like the info and the comments from your followers very much. Following and looking forward to more of "whats going on". Thanks so much for your time and efforts! Much appreciated!
NEM doing some moving.... 20x since early Feb.
Poloniex is always slow or crashing...cryptos are really taking off and the volume of trades is rising steadily. It's very exciting to watch and even better when things go your way....lol .Poloniex needs to really upgrade their servers and bandwidth to handle what is coming. Anyone and everyone is going to be moving to crypto's. The one to watch is Burst. You can mine it just using extra hard drive space for free......check it out at www.burstnation.com
I cant wait for steem to make its rush! Im in it for the long haul with steem
Crazy situation with ETH on Kraken.
yes. saw someone buy for $30. unreal.
Thanks for the good information!
STEEM going to the moon!
Great post. Thank you.
Really interesting information, thanks!
maybe its time to buy more ether
I think Steem has a very bright future if the content is top quality.. I'm going to do my best to bring as much quality content from short films to photography and writing to this innovative platform (and it's all my own work so I've done the hard bit.) Evolving with purpose is one of the main reasons any crypto will survive past 2020.. many will perish, a few will flourish, some will flounder and new ones will blow your mind !
Yeah was freaking crazy on the exchanges! Poloniex crash yesterday mostly Because of Stellers (STR) price skyrocketing!