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Crypto Market Crash prompts Suicide Concerns

 
Zeke38
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User ID: 50094627
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08/15/2018 05:06 PM
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Crypto Market Crash prompts Suicide Concerns
The cryptocurrency market is seeing angry shades of red this week.

On Tuesday, the 20 largest cryptocurrencies by market cap all fell by 4% to 10%, with ether, token of the smart contracts platform Ethereum, taking the biggest hit, down to about $250, its lowest price of 2018. Ether was above $1,200 in January.

Bitcoin is down 57% in 2018 so far, ether is down 67%, bitcoin cash (BCH) is down 80%, stellar lumens (XLM) is down 60%, and ripple (XRP) is down an eye-popping 87%.

The overall coin market has lost more than $600 billion in value in the last 8 months.

The losses have some crypto believers in serious emotional distress. On Tuesday, one of the top posts on the popular bitcoin forum of Reddit was information for suicide prevention hotlines.

[link to finance.yahoo.com (secure)]


“And he brought them out and said, 'Sirs, what must I do to be saved?' So they said, 'Believe on the Lord Jesus Christ, and you will be saved, you and your household.'" Acts 16:30-31
Anonymous Coward
User ID: 76629789
France
08/15/2018 05:07 PM
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Re: Crypto Market Crash prompts Suicide Concerns
a sign that the bottom is close.
Rockwell
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User ID: 76841549
United States
08/15/2018 05:11 PM

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Re: Crypto Market Crash prompts Suicide Concerns
This is your blood in the streets by signal
"All great truths begin as blasphemies." - George Bernard Shaw
T-Man
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User ID: 72722600
Netherlands
08/15/2018 05:12 PM

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Re: Crypto Market Crash prompts Suicide Concerns
why tho its just gonna go up again as it did today?
Anonymous Coward
User ID: 76629789
France
08/15/2018 05:18 PM
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Re: Crypto Market Crash prompts Suicide Concerns
why tho its just gonna go up again as it did today?
 Quoting: T-Man


short squeeze is probably the reason why its going up. Its also possible to go above 7k because of it.





GLP