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RE: Bitcoin / crypto market cap up or down? And Ripple's shadiness

in #bitcoin7 years ago

@w-w-w thank you very much! Sorry for my late reply I wasn't in the opportunity yet to respond back. If you look at the RSI at the time I made the prediction Bitcoin was just over bought and based on the previous drop I just had a got feeling that 115B +/- 10% would be the range to drop. With regards to your question on the rest of the cryptocurrencies, I think the market has answered that one :)

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Yes, you are right. The only thing I am not really sure why Litecoin was decreasing on such a high rate. I thought it was kind of established cryptocurrency, but for some reason Bitcoin/Litecoin rate was so low yesterday. Some smaller cryptos were staying stronger than Litecoin, strange. The only reason I see is that Chinese (very addicted to Litecoin before) were actively selling it yesterday.

Anyway, after all the events yesterday I need to admin, your prediction about market cap was really good.