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Big sell off

BY: @cryptowizard | CREATED: May 9, 2017, 2:09 p.m. | VOTES: 5 | PAYOUT: $0.00 | [ VOTE ]

Expecting a big sell of after DDoS attack/market freeze

how long will this one last?

[IMAGE: https://steemitimages.com/DQmaf5WYS5v1WTK7Ba9XeWo7v8H6aWbPP6t9HuEXfqP96Sz/financial-crisis-544944_1920.jpg]

TAGS: [ #cryptocurrency ]

Replies

@sentient | May 9, 2017, 2:16 p.m. | Votes: 1 | [ VOTE ]

If the net goes down for some time then cryptos are bound to be hit badly but all the servers and PCs wont be damaged and they will all be back online once the net returns. The effect should only be temporary. The psychological effect could keep the cryptos down for a few days or weeks but not much longer than that.

@cryptowizard | May 9, 2017, 2:22 p.m. | Votes: 1 | [ VOTE ]

herd mentality will kick in, markets driven by fear and greed

@skririm | May 9, 2017, 2:27 p.m. | Votes: 1 | [ VOTE ]

Is it only poloniex hwo is having troubles, or other platforms aswell?

@cryptowizard | May 9, 2017, 2:30 p.m. | Votes: 0 | [ VOTE ]

kraken was attacked few days ago

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