*Bitcoin and ripple fell 7.6 percent and 10 percent, respectively.

*Ethereum prices, however, traded higher.

*Ripple left counterparts like bitcoin, the largest digital currency by market cap, in the dust last year.

Digital currencies fell broadly on Monday, with ripple and bitcoin leading the charge lower.

Ripple traded 10 percent lower at $2.46 on the Bitstamp exchange. Coinmarketcap.com showed its price down nearly 25 percent, but it appeared that may be due to the site excluding certain prices from Korean exchanges.

Bitcoin was off by 7.6 percent, while litecoin fell 6.4 percent according to Coinbase. Bitcoin futures also fell 10.5 percent at the Cboe, trading at $15,010 as of 4:15 p.m. New York time.

Ethereum prices, however, traded 4.7 percent higher at $1,143.56.

Ripple left counterparts like bitcoin, the largest digital currency by market cap, in the dust last year. In 2017, ripple soared 35,000 percent, while bitcoin rose 1,500 percent.

Contrary to many digital currencies, ripple has been working with large institutions, giving it an aura of legitimacy and practicality. However, cryptocurrency enthusiasts say centralization is the exact opposite of what the technology of the digital currencies should be about.

"The reason ripple is surging so much is it's a bubble," said Erik Voorhees, CEO of digital asset exchange ShapeShift and a vocal advocate for bitcoin as a way to separate money and the state. "Testing crypto with banks doesn't make sense. The whole idea of crypto is you don't need banks."

Ripple is officially the name of a 5-year-old start-up based in San Francisco that is developing a payments network for financial institutions. XRP is the name of the coin participants can use for transactions.



Source:https://www.cnbc.com/2018/01/08/cryptocurrency-ripple-crashes-30-percent-in-24-hours-bitcoin-also-dropping.html?recirc=taboolainternal

lalasticlala

Etherium is bulish

You are right. Though Etherum is on the verge of increase but plz, what is the future prospect of this Etherum?

dabonny:
You are right. Though Etherum is on the verge of increase but plz, what is the future prospect of this Etherum?

wait before you buy...never buy and wait

Dude are you a harbinger of bad news??

All your threads are centered on negativity

Emmytes:
Dude are you a harbinger of bad news??

All your threads are centered on negativity

just creating an awareness as it is

jd1986:

wait before you buy...never buy and wait

No, I think the best thing to do is to PROFIT from the market weather the market goes southward of northward. That is its problem and that is not our business. Let the market dictate and we follow. That is how to make money my brother.

dabonny:
You are right. Though Etherum is on the verge of increase but plz, what is the future prospect of this Etherum?

Follow the market and place your trades when your strategy signals green light. What the market decides to do, where it decides to go is none of your business. Yours is to PROFIT.

maryjames9:


Follow the market and place your trades when your strategy signals green light. What the market decides to do, where it decides to go is none of your business. Yours is to PROFIT.

and wat if he got trapped? c'mon

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