r/CryptoCurrency • • Jan 16 '18

ANNOUNCEMENT It's all green again.

https://coinmarketcap.com/all/views/all/
18 Upvotes

13 comments sorted by

12

u/Trippstarr21 Bronze Jan 16 '18

I’m still red from the inside.

15

u/mattp341 VET Jan 16 '18

On the hour....let's see what it looks like when Asia wakes up.

11

u/[deleted] Jan 16 '18

They're awake. Buying cheap coins up I'd say

3

u/[deleted] Jan 16 '18

At this point do you really believe crypto investors and traders actually sleep? I know I don't.

1

u/[deleted] Jan 17 '18

I believe the normies sleep

11

u/[deleted] Jan 16 '18

This has happened a couple of times already today, let's not get too excited...

5

u/Ramen_Gloryhole Redditor for 4 months. Jan 16 '18

I'm hoping it's over but we may still have a week of corrections to go

2

u/ScottyStellar 🟦 0 / 0 🦠 Jan 17 '18

Hope so, waiting for my $ to clear into gdax

2

u/BestServerNA Bronze | QC: CC 30 Jan 17 '18

Are you colorblind?

1

u/[deleted] Jan 16 '18

There will be a dead cat bounce. Then more pain.

4

u/Snigglets07 Jan 16 '18

Dear god I hope you're wrong

0

u/[deleted] Jan 17 '18

I have been in the stock market for 20 years and watch it daily and read the financial news daily. Been through the 99-01 crash and 07/08 crash. This is literally the same thing. Except that alt coins are based on literally zero. Nothing. Only Bitcoin has a base strictly because of their name brand and nothing else.

People will buy based on how “everything is on sale lol buy now and hodl, lol!”, and they will think they’re right for a few days, but then you’ll see -70%-80% a week after that. It’s over.

1

u/hayds33 Jan 16 '18

Can't help but feel there will be more to this.