Kraken OFFLINE Coinbase OFFLINE Avalanche of traffic cannot be managed. Clearly huge panic. Drop to 30K already. This is what I told already a long time ago. Air can get out very quickly, that's clear. -32% within 24 hours
I seriously feel for people that bought at or near the top, I can still taste the fear and everything else that went with it when I was 'investing' back in dotcom days before it all blew up.
I think this thread is done pretty much, I knew this could happen, but such volatility is ridiculous, BTC shouldn't have been granted commodity status. I think it was totally rushed through.
Today more than 200 billions $ marketcap that is lost. Only in BTC. Plus same decline in all crypto's.