Cryptocurrencies Are Plunging, Led By Ripple, Bitcoin | CNBC

in #cryptocurrency4 years ago

what owl said... also, typical day in crypto when investor guys are playing with millions like its a casino now. also how is 9 percent down plunging? its already back up to 8 percent down as I typed this., it can change wildly in no time with big money going in and out now.. also robot trading now, typical stuff.

source video

They might be referring to coinmarketcap website opting to omit the Korean prices from the averages. Korean prices are typically at a premium, so by taking them out, the prices drop down to a more “real” valuation. This was highly irresponsible, as it most likely triggered weak hands to panic sell.

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Mainstream media uses everything to argument that the cryptos aren't a good investment. I think the correction is creating very good opportunities, mainly #ripple

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