Current Events > Nearly $13 billion wiped off of cryptocurrency market as major coins plunge.

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SuperMariano3 10/11/18 3:52:57 PM #1:	https://www.cnbc.com/2018/10/11/bitcoin-price-nearly13-billion-wiped-off-cryptocurrency-market.html The price of major cryptocurrencies plunged on Thursday with nearly $13 billion of value being wiped out in a matter of hours. At around 10:23 a.m. HK/SIN, bitcoin had fallen nearly 5 percent to $6,303, while XRP and ethereum both tanked over 10 percent, according to data from Coinmarketcap.com. It's not unusual to see bitcoin lead other digital tokens lower. In just three hours, nearly $13 billion of value had been erased from the entire cryptocurrency market. The drop comes amid fresh warnings from financial authorities about the rapid growth of digital coins and the potential threat to the economy. "Continued rapid growth of crypto assets could create new vulnerabilities in the international financial system," the International Monetary Fund said in a recent report. Many cryptocurrency enthusiasts hoped 2018 would be a year that regulators warmed up to the idea of professionalizing the trading of digital assets through new financial products like exchange-traded funds. But the U.S. Securities and Exchange Commission has rejected several ETFs including a highly anticipated one planned by the Winklevoss twins. Other countries, including China, have come down hard on cryptocurrencies. At the same time, the year has been marked by high-profile hacks on cryptocurrency exchanges as well as a number of scams tied to people carrying out so-called initial coin offerings. All of those factors have meant that bitcoin, XRP and ethereum have not recovered to the record highs seen toward the end of 2017 and beginning of this year. On Thursday, bitcoin was more than 68 percent off of its record high of $19,783.21, which it hit on Dec. 17 of last year. --- You can take my Karma, but you'll never take......MY FREEDOM! <cite>SuperMariano3 posted [p:910360704] in Nearly $13... [t:77088688]...</cite> <quote>https://www.cnbc.com/2018/10/11/bitcoin-price-nearly13-billion-wiped-off-cryptocurrency-market.html The price of major cryptocurrencies plunged on Thursday with nearly $13 billion of value being wiped out in a matter of hours. At around 10:23 a.m. HK/SIN, bitcoin had fallen nearly 5 percent to $6,303, while XRP and ethereum both tanked over 10 percent, according to data from Coinmarketcap.com. It's not unusual to see bitcoin lead other digital tokens lower. In just three hours, nearly $13 billion of value had been erased from the entire cryptocurrency market. The drop comes amid fresh warnings from financial authorities about the rapid growth of digital coins and the potential threat to the economy. "Continued rapid growth of crypto assets could create new vulnerabilities in the international financial system," the International Monetary Fund said in a recent report. Many cryptocurrency enthusiasts hoped 2018 would be a year that regulators warmed up to the idea of professionalizing the trading of digital assets through new financial products like exchange-traded funds. But the U.S. Securities and Exchange Commission has rejected several ETFs including a highly anticipated one planned by the Winklevoss twins. Other countries, including China, have come down hard on cryptocurrencies. At the same time, the year has been marked by high-profile hacks on cryptocurrency exchanges as well as a number of scams tied to people carrying out so-called initial coin offerings. All of those factors have meant that bitcoin, XRP and ethereum have not recovered to the record highs seen toward the end of 2017 and beginning of this year. On Thursday, bitcoin was more than 68 percent off of its record high of $19,783.21, which it hit on Dec. 17 of last year.</quote> ... Copied to Clipboard!
DarkTransient 10/11/18 3:53:52 PM #2:	SuperMariano3 posted... With these crypto investors losing a lot of money at least GPU prices are dropping that is the good thing to come from this crash. If they keep going down, I'm stocking up this time. I've made the mistake several times of not doing so. Not on a "invest my whole life savings into it" scale, but I'll chuck a few hundred into it. --- Proud to be part of the 1% of society that's smart enough to realise Australia is not real. <cite>DarkTransient posted [p:910360753] in Nearly $13... [t:77088688]...</cite> <quote><cite>SuperMariano3 posted...</cite> <quote>With these crypto investors losing a lot of money at least GPU prices are dropping that is the good thing to come from this crash.</quote> If they keep going down, I'm stocking up this time. I've made the mistake several times of not doing so. Not on a "invest my whole life savings into it" scale, but I'll chuck a few hundred into it.</quote> ... Copied to Clipboard!
John_Galt 10/11/18 3:54:05 PM #3:	Lol buttcoin --- Who is John Galt? <cite>John_Galt posted [p:910360769] in Nearly $13... [t:77088688]...</cite> <quote>Lol buttcoin</quote> ... Copied to Clipboard!
Anarchy_Juiblex 10/11/18 3:54:38 PM #4:	GPU prices have already normalized, cryptos tanking more aren't going to lower them. --- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali <cite>Anarchy_Juiblex posted [p:910360790] in Nearly $13... [t:77088688]...</cite> <quote>GPU prices have already normalized, cryptos tanking more aren't going to lower them.</quote> ... Copied to Clipboard!
voldothegr8 10/11/18 3:54:55 PM #5:	GPU prices have been back to normal for months now. --- Oda break tracker 2018- 6 (3) \| THE Ohio State: 5-0 \| Oakland Raiders: 1-3 Super Mario Maker Profile: 1237-0000-0073-02FE <cite>voldothegr8 posted [p:910360804] in Nearly $13... [t:77088688]...</cite> <quote>GPU prices have been back to normal for months now.</quote> ... Copied to Clipboard!
AlephZero 10/11/18 3:56:38 PM #6:	5-10% drops or gains are like an average weekday --- "life is overrated" - Seiichi Omori 01001100 01010101 01000101 00100000 00110100 00110000 00110010 <cite>AlephZero posted [p:910360882] in Nearly $13... [t:77088688]...</cite> <quote>5-10% drops or gains are like an average weekday</quote> ... Copied to Clipboard!
KamenRiderBlade 10/11/18 3:56:49 PM #7:	And nothing of value was lost --- Are you a MexiCAN or a MexiCAN'T - Johnny Depp '*Once Upon A Time in Mexico*' <cite>KamenRiderBlade posted [p:910360894] in Nearly $13... [t:77088688]...</cite> <quote>And nothing of value was lost</quote> ... Copied to Clipboard!
FreezerDoor 10/11/18 3:57:25 PM #8:	So those people that pulled out last year were geniuses? They made out like bandits. I remember bitcoin being like 19,000 then. --- Edmonton Oilers winning a draft is like giving a homeless person money but knowing they are going to spend it on drugs and alcohol- Xunolix <cite>FreezerDoor posted [p:910360924] in Nearly $13... [t:77088688]...</cite> <quote>So those people that pulled out last year were geniuses? They made out like bandits. I remember bitcoin being like 19,000 then.</quote> ... Copied to Clipboard!
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Kombucha 10/11/18 4:02:51 PM #11:	AlephZero posted... 5-10% drops or gains are like an average weekday --- http://www.last.fm/user/walkingishonest <cite>Kombucha posted [p:910361205] in Nearly $13... [t:77088688]...</cite> <quote><cite>AlephZero posted...</cite> <quote>5-10% drops or gains are like an average weekday</quote></quote> ... Copied to Clipboard!
SuperMariano3 10/11/18 10:51:05 PM #12:	bump --- You can take my Karma, but you'll never take......MY FREEDOM! <cite>SuperMariano3 posted [p:910382395] in Nearly $13... [t:77088688]...</cite> <quote>bump</quote> ... Copied to Clipboard!
Tyranthraxus 10/11/18 10:52:06 PM #13:	voldothegr8 posted... GPU prices have been back to normal for months now. Unfortunately "Normal" is now $750 --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:910382438] in Nearly $13... [t:77088688]...</cite> <quote><cite>voldothegr8 posted...</cite> <quote>GPU prices have been back to normal for months now.</quote> Unfortunately "Normal" is now $750</quote> ... Copied to Clipboard!
Sad_Face 10/11/18 10:56:07 PM #14:	Oh, I wondered why the prices dropped a good deal today. It's no vibe to me, I'm still gonna buy. --- imgtc.com/i/4HgTl0ebzq.jpg imgtc.com/i/60CWP2Gtlg.gif <cite>Sad_Face posted [p:910382645] in Nearly $13... [t:77088688]...</cite> <quote>Oh, I wondered why the prices dropped a good deal today. It's no vibe to me, I'm still gonna buy.</quote> ... Copied to Clipboard!
FightingGames 10/11/18 10:57:02 PM #15:	SuperMariano3 posted... 5 percent it's fucking nothing --- https://a.pomf.cat/koctbt.mp4 <cite>FightingGames posted [p:910382688] in Nearly $13... [t:77088688]...</cite> <quote><cite>SuperMariano3 posted...</cite> <quote>5 percent </quote> it's fucking nothing</quote> ... Copied to Clipboard!
Apodyopsist 10/11/18 10:59:56 PM #16:	DarkTransient posted... SuperMariano3 posted... With these crypto investors losing a lot of money at least GPU prices are dropping that is the good thing to come from this crash. If they keep going down, I'm stocking up this time. I've made the mistake several times of not doing so. Not on a "invest my whole life savings into it" scale, but I'll chuck a few hundred into it. So like 1 card? lol --- http://www.gamefaqs.com/boards/852-nofunallowed https://www.youtube.com/watch?v=b39VhSOxRcE <cite>Apodyopsist posted [p:910382857] in Nearly $13... [t:77088688]...</cite> <quote><cite>DarkTransient posted...</cite> <quote><cite>SuperMariano3 posted...</cite> <quote>With these crypto investors losing a lot of money at least GPU prices are dropping that is the good thing to come from this crash.</quote> If they keep going down, I'm stocking up this time. I've made the mistake several times of not doing so. Not on a "invest my whole life savings into it" scale, but I'll chuck a few hundred into it.</quote> So like 1 card? lol</quote> ... Copied to Clipboard!
Rad_Chad 10/11/18 11:00:40 PM #17:	lol not backed by anything tangible like gold or a stable government. have fun bros --- Female body inspector and motorboating enthusiast. <cite>Rad_Chad posted [p:910382888] in Nearly $13... [t:77088688]...</cite> <quote>lol not backed by anything tangible like gold or a stable government. have fun bros</quote> ... Copied to Clipboard!
DragonMaster525 10/11/18 11:08:04 PM #18:	Rad_Chad posted... lol not backed by anything tangible like gold or a stable government. have fun bros Neither does the stock market. There is absolutely nothing tangible when buying stock in a company. --- "Impossible is just a word people use to make themselves feel better when they quit" - SoA <cite>DragonMaster525 posted [p:910383228] in Nearly $13... [t:77088688]...</cite> <quote><cite>Rad_Chad posted...</cite> <quote>lol not backed by anything tangible like gold or a stable government. have fun bros</quote> Neither does the stock market. There is absolutely nothing tangible when buying stock in a company.</quote> ... Copied to Clipboard!
CruelBuffalo 10/11/18 11:10:32 PM #19:	DragonMaster525 posted... Rad_Chad posted... lol not backed by anything tangible like gold or a stable government. have fun bros Neither does the stock market. There is absolutely nothing tangible when buying stock in a company. Dividens.... <cite>CruelBuffalo posted [p:910383358] in Nearly $13... [t:77088688]...</cite> <quote><cite>DragonMaster525 posted...</cite> <quote><cite>Rad_Chad posted...</cite> <quote>lol not backed by anything tangible like gold or a stable government. have fun bros</quote> Neither does the stock market. There is absolutely nothing tangible when buying stock in a company.</quote> Dividens....</quote> ... Copied to Clipboard!
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Current Events > Nearly $13 billion wiped off of cryptocurrency market as major coins plunge. (+) Yeah! (+)

Current Events > Nearly $13 billion wiped off of cryptocurrency market as major coins plunge.