Quote from: Aventhe on December 22, 2017, 07:24:44 AM

Quote from: Sanctum09 on December 22, 2017, 07:21:27 AM

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

I'd also like to know this.

It seems its either 1. A bitcoin crash taking down all other alts with it as collateral damage, or 2. Something in the environment of cryptos that has influenced such changes.

Quote from: Aventhe on December 22, 2017, 07:24:44 AM

1. A bitcoin crash taking down all other alts with it as collateral damage

People look at it this way, as for new investor or new to crypto currency, when they heard about bitcoin in the news or some article they were hook instantly with the profit it might give, but then a huge problem came in, transaction were delay and new investor need to pay a huge amount of money (50$ now) just to get their bitcoin into some wallet or something, these kinds of problem with the no. 1 coin in the market will really have its effect on other coins since they are all crypto and almost promise the same thing to the user.