It's a huge drop in price. I'm anticipating further falling. It seems to be affecting alts too. Ethereum took a dive too:
And so did EOS:
They are both plummeting faster than Bitcoin, so if there is a silver lining in all this, there is some trade profits one could make between those three.
BTC vs. ETH
BTC vs. EOS:
But hey, don't take this as a trading advice. I might be wrong on so many levels. ;)
If I had any euros I'd invest in all of them.
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Thanks for the heads up.
Bitcoin sharp sell off is leading every other altcoins to fall sharply and we are still in that phase where the eco system of crypto market is largely driven by bitcoin. Steem is also reeling under pressure.
Neat bit of info, thanks mate. Well let's see what it does. Is that your photo for the day?
Heh... nope that's not a photo. ;)
We are riding waves and this could be the bottom and the right time to go up. stay focused and show some patience.
Nice overview
Man I have been traveling and just opened my computer about half an hour ago and almost had an heart attack.
I was actually thinking that in June we'll move sideways before going to a bull run. I thought after the December Massacre (and several more after that) nothing would surprise me anymore ............. guess I was wrong.
After lots of days with nothing happening, I was expecting a big move. Might be a trap and the price will shoot up but it's on a support like now and if that goes, I expect to see new lows for 2018. I'm not selling though, trying to time the bottom could be costly.
Well let me tell you that you are very right. By the way I'm just working with steemit, I'm very sorry and it hurts that I do not have money to invest, but I'm closely monitoring the currency IOTA seems a very stable currency, I realize that while others are uploaded and uploaded It stays a little stable. unlike all the others
Hodl gang
I would invest right now but there is no convenient option for me to do so :/
Yeah got in on a long leverage quite early.. expected for it to bounce a bit earlier but it broke down the resistance at 6800 unfortunately.. from here on it seems it may be a free fall. it will come around eventually..
Hopefully it will fire soon!
How is so much money generated? here in my country everything you generate in Steemit is a fortune ... this goes thanks to the fact that the economy is low and with a salary a person does not eat well for 3 days
What's your secret ?
My secret? Well my secret is that I'm going to lose some of my wealth a bit more quickly as long as the prices plummet. I have no additional income and our expenses are a bit high at the moment. I secretly hope there will be an upturn soon, but I'm not going to let fear take over and start selling all my assets.
That's right, with luck it will shoot at a high price, because not only is lost, it is lost every time it falls, Steemit is a great way to generate money for my home
at this moment we all lose, but we must not loosen up because better times will come
You know it's really funny and I'm not kidding at least for me, bitcoin and sdb are in a tailspin, but ironically right now I get more VEF(
Bs.) for my sdb sales than before even though its value keeps falling, you wonder why? because, the black market price of US$ here Venezuela hasn't stopped climbing and is that the VEF (
Bs.) continues losing value, now that it receives more VEF in anyway means that I have more purchasing power, no Sr the truth is the opposite, this is how we are, pure irony :)
When I started my journey on this platform, I was unaware of the Hodl policy. But later, by interacting some wonderful minds including several Whales I came to know in such situation one should adopt the HODL POLICY(Patience) especially while doing trading ;)
BTC is getting low and low with the passage of time, but I am confident that it's gonna bounce back even more strongly just wait and watch ;)
@gamer00,
The entire market place dropped, so we must HODL our investments right now!
Cheers~
Yeah. Everyone might be wrong. But your analysis are too accurate regarding to the price fall of ethereum. Its falling day by day. Perhaps its falling faster than it grew up. . 😯
Was just about asking if you know how to read the charts but then, I saw this: "But hey, don't take this as a trading advice."
I'll try to invest in ETH when I'm a bit richer ...
@gamer00 - Sir entire crypto market dropped significantly... No idea what kind of bad news came around... But I hate this market Sir... Too much bleeding for me :(
+W+
@gamer00, I'm looking now those analyze of min cryptos names BTC, ETH and EOS. Lot of cryptos starting huge downtrend. In fact hold better solution and patience is the key.
Just hodl.
They have been expecting it to drop. Unfortunately every thing is affected by what Bitcoin does. Good time to buy some Steem though.
I remember that Clif High gave a warning about June falling prices in crypto!
If they come down, so they will go up!!
Nop you are right here sir... I am also looking EOS and ETh become up and up faster then bitcoin..But i think hold every coin donot lost it once
Market lost $14M in just 5 minutes! It is unbelievable.
we lost 13 billion dollars in just 5 minutes :o
now we all are on holding mood :p
yeah it is sad to see such a fall in btc :(
What goes up must come down... not sad at all.
Chance bitcoin has bottomed is about 0%. We are going lower. Give me the panic and i flip BULLISH!
https://steemit.com/cryptocurrency/@heyimsnuffles/crypto-carnage-is-imminent-20180610t190128430z-post
its a brutal day
if btc goes down drastically the other crypto will also experience the same thing, do you think, what causes the day to go free?
steam and sbd also do not remain silent in the previous position.
this is an investment risk, and the most important thing right now is to wait for a stable return.
How is it possible? What a Updating today.,
In future cryptocurrencies will be great. So I think holding best solution currently. Don't need to getting mind down.
Yes, it did fall often, same things to steem, I believe all the crypto currency is affected since the father of all crypto is sick now.
Thats a hell lot its all happened in usd more than btc value.
Temporary immersion in the interest of sharks.
Sure..!!!
Logical thought....