Altcoins bloodbath

in #cryptocurrency7 years ago (edited)

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Haven't seen this kind of red before on Poloniex. Lol.

The money is running into bitcoins and that's why altcoins is taking the hammer.

Don't worry. Things will simmer down and altcoins will be in fashion back in a few hours.

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Worry? not a bit...coin haha

That money will start flowing into altcoins very soon. Perhaps the demand for BTC will be so high that it is impractical to fill the orders, next best thing, is the alts. The market cap is what we should be looking at. It represents 100 billion dollars worldwide that are tied up in crypto. Wont be surprised if the entire market cap doubles in a week. My concern is not whether it snaps back, its whether I can get into some of these currencies to enjoy the ride more than I have already.

Spoken like a connoisseur.

its a great time to buy if i have to say stock up!!!

Indeed but I ran out of cash

Yep, just dipped in and picked up some more ETH, XMR, XRP and (of course) Steem. :)

NEM SC BTS for me

Excellent, I'll look into those! [short time later] holy smokes, Sia is rocking!

lol spoken with style