Crypto market crash

What happened to the crypto market lately? All coins are down, the market total cap is down billions btc lost almost 1k in 1 week, everything is going balistic. Has anything happened lately that caused this crash?

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someone cashed out $100 million worth of btc with market sell.
don't ask me why that rekt the other coins...

Yes. I bought into crypto recently.

Such an unreliable market, we keep searching for a better alternative for high taxes and low privacy and all we get is a clasic total economical meltdown

Do you have a link or something ?

i first bought btc when it was in the $400-s
meltdown you say? rofl. when it hits $100k you will look back and wonder how could it have ever been so cheap. when it hits $1mil you will wonder if you lost your sanity.

Jow Forums was chock full of it the past few days. even before the crash they were wailing about it. i thought it's just the usual fud but i always set a stop loss. good thing too.

everything is tied to btc because btc is the gateway from fiat

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I`ve been researching into the market historical data, compared graph, researched on some coins that had a clear future and the market goes down because someone pulled the plug, so much safer compared to national currencies, bullshit

no i mean btc/whatever pairs dropped even as btc dropped. makes no sense whatsoever. but that's what happened.

Yea and when someone cashes out on a big amount the rest fall into inlfation. If i wasn’t interested about future blockchain applications and see the bigger picture, I’d say it s a lost cause

this is why don't all in crypto

as the market cap grows less and less you can feel these sort of tremors. with growth comes stability. more and more exchanges more and more people with different ideas wrestling for the price. etfs and futures. all will stabilize it to about the same volatility gold has.

This is the same as saying that the pound will grow to 5xEuro, about the same chances, I agree that this is not the end for crypto but it is a massive crush for some

Well i tried to invest in more than one coin and the situation right now isn’t helping. Btc may recover swiftly bit my other alts will take a while

> first bought btc when it was in the $400-s
Which point though?

- on the way up to the first $1200 ATH? (i.e. preGox)
- on the way down from the $1200 ATH bubble (i.e. when it was going down all the way to

What crash? I'm up 100% this week thanks to Quant Network QNT, and expect another 1000% by end of year. 10000% by 2019.

coinmarketcap.com/currencies/quant/

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2 issues
1 Why is crypto still at the hand of 51% attacks
2 the market crashed because of a massive btc withdrawal, that means that for now the market can not exist without btc

Where is this confidence coming from? The hole market shrunk at 1 withdrawal, need I say more about the main issue here?

i bought when it was ramping up after the $1k ath in 2016
i have been toying with the idea before that but couldn't bother to go through the hassle to send money to mtgox.

No strategy works while the market is all down. I ll go to bed thinking it is a bad dream and will mot check the market one week. Hope it will bounce back till then

Only 2 options
1 they crash it to zero
2 they crash almost to zero and pump later to maxe x200 on every coin possible

Noseberg is not going to buy btc for 4k then shill with all the media to make only 10x, when neets multiplied by thousands
Either big discount or total crash

If i get the right moment to cash out bet that I will do that buut unfortunately I ve been down since I started

hope not i'm still accumulating. slow ans steady.

So when I cash out my 50mil PEOPLE WILL KNOW.

If you had 50 mil you wouldn’t get into crypto, this i bet you