>down almost 40 billion in less than a month >down 40%

>>2788813
the technology should never have been valued $110B, no one can really predict if people will be dumb enough to over-inflate the value of scamcoins again.

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>>2788813
dunno this has never happened before

It's just a dip, 100B is nothing for what could easily become the biggest bubble in modern history.

CRYPTO IS THE PERFECT BUBBLE

>>2788842
blockchain technology is worth trillions upon trillions one day anon-kun

but it is true, too many shitcoins and scamcoins are clogging up the system

every coin below the top 20 should be nuked from existence, unless they bring something new to the table, fuck all those bitcoin / ethereum clones

>>2788813
It's a correction

>>2788853
but the money isn't REALLY invested in the blockchain technology

>>2788866
>correction

nigger have you been living under a rock

its tanking because bitcoin may or may not be hard forked, and thats creating a lot of fear

if bitcoin wasn't infested with greedy gooks that wont listen to the developers or users, then the overall crypto market would be well on its way to half a trillion dollars

>>2788813
100b people used to live here, now its a ghost town.

>>2788876
this is true

but that also means it has so much potential, not a single penny of smart money has entered the market yet

>>2788813
Is this because of government efforts to decrease online privacy? Like the investigatory powers act etc.

I'm thinking it's an all resounding yes

>>2788885
if that were true, privacy coins such as monero wouldn't be crashing.

>>2788879
Fucking kek

>>2788813
Fake news, 40 billion is nothing considering the 6 million that died in the Holocaust

>>2788813

>June 20 was when i first became a coiner

Sorry guys

>>2789135
OY

>>2788813
>can this even be called a dip anymore?
Holy fuck I can't believe there are people as stupid as you

>>2789318
june 29 here, fuck my life.

its ETH fault because of scam incubator capabilities

sell now and get cheap coins later or wait for 2020 to recover. your choice.

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>>2789135
You mean 6 gorillion, goy