I'm seeing a lot of people asking about the prices of all the coins, and why they're down trending. Was it the hardfork? Was it status ICO? Was it because it's 120 degrees F in Arizona? Well, let's go over a few things that happened in the last couple of days.
A lot of different factors would contribute to what we're seeing in the bitcoin world, let's look at a few:
Ethereum block chain is dealing with major disruptions caused by ICOs
Bitcoin has been fluctuating, but has been staying relatively steady.
Steemit's hardfork brought a lot of attention to Steemit, and with attention comes investment. You buy on rumors, you sell on news.
Coinbase.com has been down for a while. This is a major exchange in USA.
GDAD dumped ETH to $40, but immediately rebounded.
There are other factors always, but notably, the hardfork alone did not cause an entire downtrend for the cryptocommunity. PS - watch your steemit price slowly go back up, just don't trade it ... HODL.
Thanks for reading!
@thovre