Its the exchanges , although most exchanges have much stronger security than this. It didn’t seem to have any impact on my coin value. We have been hit with a lot of negative news but still surviving. I’m sure more countries will introduce regulations soon. Ironically Japan has the most mature and regulated market for cryptocurrencies but this exchange was not licensed.
I use a hardware wallet for most of my holdings but I think it’s not ideal for most people.
Neo saving my ass AGAIN in the bear market. Devcon in San Fran this week. It will probably drop back a bit afterwards but we will see. I am not going to sell even one Neo for years. Its going to be printing me the sweet Gas.
Have a look at NAS and ENG folks. I think I will pick up a few of both.
Not for any of us who have entered in the last two months .It was something like 750 billion at all time high. BTC has had a record monthly drop since Jan 2015. Painful.
I’m one of the crypto heads that fall in the ‘hate bitcoin’ camp at this stage. It just sends the wrong message out and is practically useless as a payment currency. I’ve never held even a fraction of a bitcoin for more than an hour.
I could be badly underwater but was relatively lucky with my picks. Some people are looking at major unrecoverable losses already.
Could definitely get worse but shall have to get the hard crypto ‘stare’ on and ride it out .
Could also do a Mr bean and try and sleep until March.
Nearly all market players would agree that an over 50% drop in any price of any financial product from its peak represents a bear market. At best, consolidation or a dead-cat bounce is in order. The dead-cat bounce will entice a lot of people to get out with fewer losses.
“Market”…”financial product”…”bear market”…
We’re talking about those crypto things right?
Bear markets last a few years at least. But…we’re talking about those crypto things right?
If the S&P went from 200 in April to 4,000 in December and down to 2,000 in January, is that a raging bull market or a bear market? (We’re talking about those crypto things right )