The total market cap for all cryptocurrencies just surpassed $100 billion. The vast majority of these gains have come in just the last few months — on April 1st the total market cap was just over $25 billion — representing a 300 percent increase in value in just over 60 days. - (https://techcrunch.com)
That is what happened, sudden rise of value make the market unstable, If any system wants to continue on this universe it need to be balanced. Else the system will not survive, Last few months market capital went so high , or in investors word market is at it over bought condition now. So no enough transactions happening and it also effect to the mining process also. So now system start to move to ward of the selling direction. I'm pretty sure now most people are selling there coins to minimize there damage.
Soon market will be stabilize and price will come to more stable value, definitely most people will lost there money, but it is unavoidable, this is the causality the ultimate truth.
Men in the high castle of crypto business will never let go down this market, they will soon find a way to stabilize this market even more, so my word is buy more coins while they are cheap,
"Buy when there's blood in the streets, even if the blood is your own."
-war357
Hello @War357,
I am @digital-gypsy - nice to meet you !
Do you use @booster ?
I just started a discussion on "do we need more control or regulation on businesses on steemit" ?!
On the basis of my experience with @booster i would love to have a discussion on that topic and would be happy you give me your opinion about !
P.S. I don't need an upvote, but hope in a fruitfull discussion as I think that is an important topic
Take care @War357
Ok I'll Man, Cheers !
This comment has received a 0.17 % upvote from @booster thanks to: @digital-gypsy.
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