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RE: MSTR completes $650 million BTC investment, has now invested over $1.1 Billion into Bitcoin

in LeoFinance4 years ago

I noticed this morning that a lot of the alts took a big tank. I am guessing it was in response to some of the headlines that came out of the day. I am just about to read your other post now about the Grayscale thing. That one I was a bit confused about when I read the actual article. I am hoping you can give me some clarification.

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In one exchange I saw big flow between Dogecoin and Bitcoin and rest was pretty much dumping single altcoin... For me it looks like people are currently cashing out altcoins.

I am happy to see that LTC and ETH are back up a little bit from where they were this morning. I am sure the .9 LTC that I exchanged yesterday had a huge impact on the markets :)

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I'm buying ETH myself for a cross-chain project I'm working on...

Very cool! Looks like now is the time to buy some more! Everything took a puke on the XRP news...

I think it has to do with the SEC likely to sue Ripple. People de-risking their altcoin holdings.

I have pretty strong sell wall on my own cryptocurrency... Gonna watch how many days it will hold...

I think it has to do with the SEC likely to sue Ripple. I just did a post on that today.

Yeah, I saw that. I think they knew it was coming from the way it sounds...