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Bitcoin CRASH: Cryptocurrency PLUMMETS 60 per cent in MONTH as market continues to tumble

i_build_nanosuits
By i_build_nanosuits
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https://www.express.co.uk/finance/city/914932/Bitcoin-price-news-today-worth-stock-BTC-USD-cryptocurrency-market-Ripple-Ethereum-latest

 

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BITCOIN’S value has dropped 60 per cent in the last month as the cryptocurrency continues to free fall following an incredible spike that saw a slew of new investors pour their funds into virtual markets, it has been revealed.

 

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Leading cryptocurrency market tracker Coinbase showed that Bitcoin’s value had dropped by 60.06 per cent since the last month.

 

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Bitcoin Cash, Ethereum, Litcoin, and Ripple are all similarly experiencing downward market trends.

 

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Is it FINALLY the end of this craze? will we be able to buy GPU at MSRP or even bellow soon?...i guess lots of folks will want to minimize the damage and sell their cards quickly to get some money back...so keep an eye open for a deal on some nice slightly used cards folks!

 

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“It’s the market correcting itself” 

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2 minutes ago, i_build_nanosuits said:

Is it FINALLY the end of this craze? will we be able to buy GPU at MSRP or even bellow soon?

 
 

I hope so, but I'm uncertain if that's going to happen.

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1 minute ago, DrMacintosh said:

“It’s the market correcting itself” 

from 20 000 to 7 000 in 20 days...it's more than a small correction...

| CPU: Core i7-8700K @ 4.89ghz - 1.21v  |  Motherboard: Asus ROG STRIX Z370-E GAMING  |  CPU Cooler: Corsair H100i V2 |
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Hopefully it'll continue like this.

 

Don't think of me badly for saying that, I'm sure others have the same opinion.

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Just now, PocketNerd said:

And this, my friends, is why you don't gamble.

Eh, I wouldn't call it gambling. If you actually know what you're doing, there's tons of money to be made. If you're in it for the luls, don't expect to get rich.

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Wow who would have guessed. Large media coverage and tons of uneducated buyers invest, drive prices up, then it drops slightly and they get scared and dump causing price to return to where it was before the mass media coverage. I think that's a win for stability if you ask me

▓ƆԀ▓ S▓₱▓Ɇ▓c▓s▓: i7 6ʇɥפᴉƎ00K (4.4ghz), Asus DeLuxe X99A II, GT҉X҉1҉0҉8҉0 Zotac Amp ExTrꍟꎭe),Si6F4Gb D???????r PlatinUm, EVGA G2 Sǝʌǝᘉ5ᙣᙍᖇᓎᙎᗅᖶt, Phanteks Enthoo Primo, 3TB WD Black, 500gb 850 Evo, H100iGeeTeeX, Windows 10, K70 R̸̢̡̭͍͕̱̭̟̩̀̀̃́̃͒̈́̈́͑̑́̆͘͜ͅG̶̦̬͊́B̸͈̝̖͗̈́, G502, HyperX Cloud 2s, Asus MX34. פN∩SW∀S 960 EVO

Just keeping this here as a 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̌̅̒̾̈́̆͌̌̾̎̽̐̅̏́̈̔͛̀̋̃͊̒̓͗͒̑͒̃͂̌̄̇̑̇͛̆̾͛̒̇̍̒̓̀̈́̄̐͂̍͊͗̎̔͌͛̂̏̉̊̎͗͊͒̂̈̽̊́̔̊̃͑̈́̑̌̋̓̅̔́́͒̄̈́̈̂͐̈̅̈̓͌̓͊́̆͌̉͐̊̉͛̓̏̓̅̈́͂̉̒̇̉̆̀̍̄̇͆͛̏̉̑̃̓͂́͋̃̆̒͋̓͊̄́̓̕̕̕̚͘͘͘̚̕̚͘̕̕͜͜͝͝͝͠͝͝͝͝͠ͅS̷̢̨̧̢̡̨̢̨̢̨̧̧̨̧͚̱̪͇̱̮̪̮̦̝͖̜͙̘̪̘̟̱͇͎̻̪͚̩͍̠̹̮͚̦̝̤͖̙͔͚̙̺̩̥̻͈̺̦͕͈̹̳̖͓̜͚̜̭͉͇͖̟͔͕̹̯̬͍̱̫̮͓̙͇̗̙̼͚̪͇̦̗̜̼̠͈̩̠͉͉̘̱̯̪̟͕̘͖̝͇̼͕̳̻̜͖̜͇̣̠̹̬̗̝͓̖͚̺̫͛̉̅̐̕͘͜͜͜͜ͅͅͅ.̶̨̢̢̨̢̨̢̛̻͙̜̼̮̝̙̣̘̗̪̜̬̳̫̙̮̣̹̥̲̥͇͈̮̟͉̰̮̪̲̗̳̰̫̙͍̦̘̠̗̥̮̹̤̼̼̩͕͉͕͇͙̯̫̩̦̟̦̹͈͔̱̝͈̤͓̻̟̮̱͖̟̹̝͉̰͊̓̏̇͂̅̀̌͑̿͆̿̿͗̽̌̈́̉̂̀̒̊̿͆̃̄͑͆̃̇͒̀͐̍̅̃̍̈́̃̕͘͜͜͝͠͠z̴̢̢̡̧̢̢̧̢̨̡̨̛̛̛̛̛̛̛̛̲͚̠̜̮̠̜̞̤̺͈̘͍̻̫͖̣̥̗̙̳͓͙̫̫͖͍͇̬̲̳̭̘̮̤̬̖̼͎̬̯̼̮͔̭̠͎͓̼̖̟͈͓̦̩̦̳̙̮̗̮̩͙͓̮̰̜͎̺̞̝̪͎̯̜͈͇̪̙͎̩͖̭̟͎̲̩͔͓͈͌́̿͐̍̓͗͑̒̈́̎͂̋͂̀͂̑͂͊͆̍͛̄̃͌͗̌́̈̊́́̅͗̉͛͌͋̂̋̇̅̔̇͊͑͆̐̇͊͋̄̈́͆̍̋̏͑̓̈́̏̀͒̂̔̄̅̇̌̀̈́̿̽̋͐̾̆͆͆̈̌̿̈́̎͌̊̓̒͐̾̇̈́̍͛̅͌̽́̏͆̉́̉̓̅́͂͛̄̆͌̈́̇͐̒̿̾͌͊͗̀͑̃̊̓̈̈́̊͒̒̏̿́͑̄̑͋̀̽̀̔̀̎̄͑̌̔́̉̐͛̓̐̅́̒̎̈͆̀̍̾̀͂̄̈́̈́̈́̑̏̈́̐̽̐́̏̂̐̔̓̉̈́͂̕̚̕͘͘̚͘̚̕̚̚̚͘̕̕̕͜͜͝͠͠͝͝͝͝͠͝͝͝͠͝͝͝͝͝͝ͅͅͅī̸̧̧̧̡̨̨̢̨̛̛̘͓̼̰̰̮̗̰͚̙̥̣͍̦̺͈̣̻͇̱͔̰͈͓͖͈̻̲̫̪̲͈̜̲̬̖̻̰̦̰͙̤̘̝̦̟͈̭̱̮̠͍̖̲͉̫͔͖͔͈̻̖̝͎̖͕͔̣͈̤̗̱̀̅̃̈́͌̿̏͋̊̇̂̀̀̒̉̄̈́͋͌̽́̈́̓̑̈̀̍͗͜͜͠͠ͅp̴̢̢̧̨̡̡̨̢̨̢̢̢̨̡̛̛͕̩͕̟̫̝͈̖̟̣̲̖̭̙͇̟̗͖͎̹͇̘̰̗̝̹̤̺͉͎̙̝̟͙͚̦͚͖̜̫̰͖̼̤̥̤̹̖͉͚̺̥̮̮̫͖͍̼̰̭̤̲͔̩̯̣͖̻͇̞̳̬͉̣̖̥̣͓̤͔̪̙͎̰̬͚̣̭̞̬͎̼͉͓̮͙͕̗̦̞̥̮̘̻͎̭̼͚͎͈͇̥̗͖̫̮̤̦͙̭͎̝͖̣̰̱̩͎̩͎̘͇̟̠̱̬͈̗͍̦̘̱̰̤̱̘̫̫̮̥͕͉̥̜̯͖̖͍̮̼̲͓̤̮͈̤͓̭̝̟̲̲̳̟̠͉̙̻͕͙̞͔̖͈̱̞͓͔̬̮͎̙̭͎̩̟̖͚̆͐̅͆̿͐̄̓̀̇̂̊̃̂̄̊̀͐̍̌̅͌̆͊̆̓́̄́̃̆͗͊́̓̀͑͐̐̇͐̍́̓̈́̓̑̈̈́̽͂́̑͒͐͋̊͊̇̇̆̑̃̈́̎͛̎̓͊͛̐̾́̀͌̐̈́͛̃̂̈̿̽̇̋̍͒̍͗̈͘̚̚͘̚͘͘͜͜͜͜͜͜͠͠͝͝ͅͅͅ☻♥■∞{╚mYÄÜXτ╕○\╚Θº£¥ΘBM@Q05♠{{↨↨▬§¶‼↕◄►☼1♦  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1 minute ago, i_build_nanosuits said:

from 20 000 to 7 000 in 20 days...it's more than a small correction...

Exactly why I put quotes on it. 

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Just now, Imbellis said:

Eh, I wouldn't call it gambling. If you actually know what you're doing, there's tons of money to be made. If you're in it for the luls, don't expect to get rich.

best thing to do was to sell all your coins 25 days ago... :P if you did not, then you don't know what you,re doing!

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Ethereum is currently still up 130% over 3 months ago. Sure, Bitcoin is down 3%, but that's hardly a disaster.

 

So far this is just wiping out some of the insane price spike we've seen recently.

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Just now, Imbellis said:

Eh, I wouldn't call it gambling. If you actually know what you're doing, there's tons of money to be made. If you're in it for the luls, don't expect to get rich.

You're buying into a system almost entirely with the expectation that you're going to be richer than when you first "invested"

I lump stocks and (crypto)currency trading in with Gambling at a Casino, you have NO control over the outcome and it's already rigged to cause you to lose out by those who are clearly "in"

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2 minutes ago, PocketNerd said:

You're buying into a system almost entirely with the expectation that you're going to be richer than when you first "invested"

I lump stocks and (crypto)currency trading in with Gambling at a Casino, you have NO control over the outcome and it's already rigged to cause you to lose out by those who are clearly "in"

Investing in stocks is not gambling, unless you're trying to day trade (especially with leveraging).

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Excellent. Now just drop another 5-6 grand. :P 

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Me in 2011: This bitcoin thing is laughable how can it compare to the real thing? What a gimmick
Me in 2013: Well its worth something, but I cant be bothered with it.

Me in 2017: Oh, well I sure should have invested.
Me now: nvm.

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I wish etherium would drop Id like to upgrade my 970 to a 1070 please

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Just now, elderago said:

I wish etherium would drop Id like to upgrade my 970 to a 1070 please

it is:

Quote

Bitcoin Cash, Ethereum, Litcoin, and Ripple are all similarly experiencing downward market trends.

 

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Because the Dow Jones plummetted 1150pts too which is historic

Which means gold has risen

 

Due to NK and Trumps USA

 

might be a good time to buy crypto and invest in stocks since they are so cheap

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20 minutes ago, i_build_nanosuits said:

Is it FINALLY the end of this craze? will we be able to buy GPU at MSRP or even bellow soon?...i guess lots of folks will want to minimize the damage and sell their cards quickly to get some money back...so keep an eye open for a deal on some nice slightly used cards folks!

 

Don't count on it. Things are going to get worse. It was just announced that Silicon Wafer prices are going up 20%.

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1 minute ago, PocketNerd said:

You're buying into a system almost entirely with the expectation that you're going to be richer than when you first "invested"

I lump stocks and (crypto)currency trading in with Gambling at a Casino, you have NO control over the outcome and it's already rigged to cause you to lose out by those who are clearly "in"

I'm sorry that you believe stocks are rigged, but thousands if not millions have made a living doing so.

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1 minute ago, Derangel said:

Don't count on it. Things are going to get worse. It was just announced that Silicon Wafer prices are going up 20%.

RX 580, GTX 1070/1070ti/1080/1080ti VEGA etc. there are tons of cards out there ready to switch hands.

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Percent*

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5 minutes ago, TheKDub said:

Percent*

$60 per cent

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1 hour ago, i_build_nanosuits said:

Is it FINALLY the end of this craze? will we be able to buy GPU at MSRP or even bellow soon?

No because Bitcoin is not directly responsible for the GPU shortage, you can blame Ethereum for that but that is crashing now too so yay?

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