Whole Market Crashing, Millions Went Out from Market Cap in Seconds.. We are DOOMED.
Thats what i read at less informed groups and forums since the morning.
Look at Coin Market Cap.
Thing is. NOTHING CHANGED.
The main website for checking what cryptos are worth just excluded Korean exchanges from pricing due to huge premiums over all coins.
So nothing changed for anyone yet due to loads of misunderstandings people started dropping coins for losses and panicking.
You can get some cheap coins now from uninformed people if you are lucky.
Funny how one website changing their math can cause such panic. Decentralization right ?
BINANCE OPENED AGAIN
On the other hand we have good news, Binance is opened again for registrations. If you didnt do it before REGISTER NOW as they may again close ;)
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I get why people who are new to this market would have the wobbles at some of the volatility however that's the nature of the game right now.
It's gonna be a wild ride for a while and those with heart conditions may want to steer clear such are the wild swings.
Great fun though eh!?
But now market will turn in Green
Monero will go to moon target $640
So, what's going to happen to our coins?
if you were smart they multiplied because you realized the situation and bought as many as you could more! lol
Man I missed that opportunity. But all my coins values dropped so it really wouldn’t of been a big difference going from one alt to another but I wish I had some usd ready in my account. I think I might just deposit some n keep it on standby for a good event similar to this next time. 👍🤑
Haha exactly!
Nothing, or at least nothing new anyway.
It will grow up but slowly
agreed
i think its gone up after some time don't worry
@sibtainali
Buy more and hodl.
CoinMarketCap excluded the Korean Exchanges, this lead to "virtual" price drop, see my post below:
https://steemit.com/crypto/@yefym/coinmarketcap-excludes-the-korean-exchanges-from-the-price-index
is it real metter? Korean exchenge?
Yeah they took out EOS Korean pricing also :)
Ain’t it great?! Monday’s usually suck but this Monday is offering all my coins, such as EOS, at a discount! Cha-Ching
it is... the pumped Korean market has influenced the overall capitlization in about 100$KKK.
so exclusion droped the price in about 10%-30% for many pumped cryptos.... because of speculative korean price...
everything is on sale
yes, you are right no need to panic for it, just keep patience @markjackson1989
just another volatility day
Good time to buy some cheap coins...
Wow, what a stupid reason to panic sell! Its always a good time to buy more!
Yes, the coinmarketcap adjustment was crazy. Why are people itching to sell? I think there is a lot of newbies in this space they are unfamiliar to investing.
Lol 130 billion in market cap lost because of panic sellers.. so sad
every cloud has a silver lining, panic sellers have opened the door for everyone else to increase their holdings.
Dont be stupid my friend, It went down because the price of Korean excluded from market price