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RE: The Market is Red Again, Today.

in #market-price8 years ago (edited)

No, 20B did not go out, perhaps something like 500M did, it doesn't take all that much selling to decrease the overall marketcap by a ton. Beyond this crypto is still up by a whole lot over the past year, things can't rise continuously. There needs to be a good bit of churning to build a strong floor of demand, with any luck that is the phase we are in rather than a collapse due to insufficient demand.