I would love to know if anybody has any theories as to why markets are being destroyed on Poloniex tonight when major markets are down between 15 to 35% across the board something has to be up and I'm dying to hear what everyone has to say about it. If you are not aware that the markets are crashing go check your accounts to make sure your orders are safe.
How the market reacts to what people who are awake right now at 12:53 should be interesting to watch. The bottom line is traders have been swimming in a over inflated cryptocurrency bubble for some time now where many markets had mushroomed out of control to the degree that the corrections we are seeing at the moment seem to be par for the course, the fact that 40 markets are retracing at the exact same time in one night is a little off-putting when considering how fragile cryptocurrency truly is.
Tonight is a perfect example of how interconnected these markets actually are for those who are non-believers! I hope everyone's having a good night and I look forward to hearing people's response about this madness below.