Am I falling for some giant fucking troll or is everyone in this board retarded? I've seen multiple people mention that there's no reason or that no one knows why the coin market is crashing when it's fucking obvious that this is all due to Bitcoin's August 1st UASF. It seems obvious to me that alts usually follow Bitcoin's swings and if there's a big swing for Bitcoin there's going to be an even bigger swing for alts. Someone explain this shit because I have no clue why people are selling this low when it's pretty obvious that the Bitcoin market is going to go back to normal (most likely even higher) after August 1st and alts will follow the same fucking trend.
tl;dr there are too many normies without a clue beyond recognising the coin as a symbol.
>>2757209
its because of the stockmarket, inverstors are pulling ou,t it has northing to do with the fork
http://www.columbian.com/news/2017/jul/09/berko-pondering-the-prospect-of-inevitable-market-crash/ Published: July 9, 2017, 6:00 AM
http://www.express.co.uk/finance/city/824965/Stock-market-crash-SP-500-graph-dow-jones-ftse-100
https://www.theglobeandmail.com/globe-investor/inside-the-market/how-to-prepare-for-the-inevitable-stock-market-crash/article35561122/
I could posts hundrets of these
>>2757209
a lot of people joined at mid-june and are losing money right now and have no idea what to do and are panicking
even more people joined april who catched a lot of moons and dont know how to properly handle a "dip" or even a crash