Post
Topic
Board Bitcoin Discussion
Re: Who anticipated the Crypto fallout of January 2018?
by
tomahawk9
on 29/01/2018, 04:05:24 UTC
Who here actually expected and pre-empted the crypto "crash" of ~$300billion that occurred after the 8th of January? I made major losses of up to 60% and the market is still taking such a long time to recover. Just wondering who here actually had the foresight to predict this.

I think pretty much everyone who's been in the cryptocurrency world for a little while kinda knew what was going to happen once the euphoria/hype and pump and dump schemes finally came to an end after the holidays. Things were getting way out of hand back in December, the absurd amount of new money that was thrown into the market was bound to have serious consequences, I mean, just in December the altcoin market cap went from $130b to $540b, honestly, that should've raised a few red flags.