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Bitcoin drops sharply and suddenly


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Bitcoin drops sharply and suddenly

  #1 (permalink)
Bloc10Fintech
Atlanta, GA
 
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  1. Bitcoin dropped sharply Wednesday, falling $500, or about 5%, in just over an hour.
  2. Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%.
  3. There does not appear to be a clear catalyst for the sell-off.

businessinsider.com/bitcoin-price-cryptocurrencies-drop-no-explanation-2018-9

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  #2 (permalink)
 
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Bloc10Fintech View Post
  1. Bitcoin dropped sharply Wednesday, falling $500, or about 5%, in just over an hour.
  2. Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%.
  3. There does not appear to be a clear catalyst for the sell-off.

businessinsider.com/bitcoin-price-cryptocurrencies-drop-no-explanation-2018-9

Don't tell this to the "hodlers". For them, any move down is "fud" moved by "whales" who want to steal their Unicorn ICO.

Matt Z
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  #3 (permalink)
 Trailer Guy 
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Check your news feed. Goldman cancelled development of a crypto trading desk.

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 Grantx 
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mattz View Post
Don't tell this to the "hodlers". For them, any move down is "fud" moved by "whales" who want to steal their Unicorn ICO.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

What's 'fud'?

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  #5 (permalink)
 
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Grantx View Post
What's 'fud'?

Crypto traders have their own lingo. FUD is fear, uncertainty and doubt.

Another expression they use is "To the Moon!"

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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 SMCJB 
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500 up, 500 down. Back to where it was Friday!

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 Big Mike 
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 Grantx 
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mattz View Post
Crypto traders have their own lingo. FUD is fear, uncertainty and doubt.

Another expression they use is "To the Moon!"

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. past performance is not indicative of future results.

Weirdos.
What does whale and unicorn mean? And I presume you meant to spell it 'hodlers', I thought you had mispelt the word 'holders'.

Feels like this needs a meme.

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  #9 (permalink)
 tr8er 
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a old stock-trader strategy is BUY and HOLD, for crypto-traders you can translate it into BUY and HOPE

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  #10 (permalink)
 
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 SMCJB 
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SMCJB View Post
500 up, 500 down. Back to where it was Friday!

and then down another 500!

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