Topic: [2018-05-20] The Bubble is Not Bitcoin (Read 134 times)
I would hardly call anything which is trading at 40% of its peak value a bubble. If the mood has turned bearish among Bitcoin investors, it is only among those who rushed in last year intending to double or triple their money quickly. I don’t care if these guys move to altcoins or move out of crypto altogether.
Now, of course, bitcoin bubble can not be called. This year, he is very calm himself, that many are even disappointed with his behavior. Beginners in the crypto currency have become accustomed to almost always see its price growth, but here such relative stability. This price behavior of bitcoin will benefit not only him, but all the Crypto-currency. Just a little sorry that the Altocain because of this, they do not grow in value.
I agree that Bitcoin is not so vastly overpriced as the ICOs from a fundamentals standpoint. ICOs are more about the hype and the potential of something completely new... they use the "ticking clock" and the opportunity to "get in at the ground floor" to pressure even casual crypto observers to buy in.
But people now here in our community are being mature now,and dont buy they're arguments about this allEven how pressure they put unto us,we are completely ready about this ,and we will stand strong against this ico that putting this.
And about the title,bitcoin is not a bubble,there are some elements that focusing about this issue to create panic.
There is really high expectation around before the consensus and it's really upsetting. But I don't agree that's only because we focus on altcoins. People are going to still buy bitcoins for guaranteed profits and altcoins profits have only small chances.
I think the forum should do something about it other than tagging user account with negative remark 
This forum is business oriented. It won't do anything overly aggressive towards altcoins, because it's a very important traffic generator. At the of the day, scams aren't moderated, so they do enjoy a certain extent of freedom. The main factor is that we shouldn't really put the focus on altcoins, but just focus on that what actually contributes to growth and development. Altcoins will even be what they are without this forum.
At some point the far majority of the altcoins will no longer be able to operate with how exchanges are becoming stricter, and that directly goes up for regulations as well. There will be a time where only a dozen of coins are left.
You can't expect from such a new industry to be perfect right away. It's all about supply and demand. Is there demand for these scam coins? Yes, so they will keep popping up until that demand is no longer there.
I won't say the sentiment on bitcoin is negative, but then the only thing bringing negativity into crypto are redundant scammy Altcoins which is mostly spread using this forum. I think the forum should do something about it other than tagging user account with negative remark
Even if you check out US government warning on cryptocurrency it all based on shitty Altcoins.
my input though
Even if you check out US government warning on cryptocurrency it all based on shitty Altcoins.
my input though
The big question here is that a rise in Bitcoin will always show that more people are entering this market. But a high in Alts only demonstrates that people are already using the cryptocurrencies and are looking for a bigger yield. Bitcoin is the gateway. It does not matter what you think about it. Until today is the only digital asset with global liquidity.
I keep reading that the sentiment is negative or bearish, but that's complete nonsense. If people for once just stop expecting the market to return to +$10,000 levels overnight, they won't have to swallow disappointment after disappointment because we keep hovering well under that level. Some times I totally dislike the overall attitude in this market, and currently that's the case as well -- this market is literally infested with idiots chasing quick gains. People have been far too spoiled with how the market has gone up continuously last year, and they expect it to happen this year as well, but the market gladly decides otherwise. I don't even think exchanges have recovered from the previous bull run, so they definitely don't mind this calmer market.
I agree that Bitcoin is not so vastly overpriced as the ICOs from a fundamentals standpoint. ICOs are more about the hype and the potential of something completely new... they use the "ticking clock" and the opportunity to "get in at the ground floor" to pressure even casual crypto observers to buy in.
Although the market is positive overall, at the time of writing, the sentiment is quite negative. Maybe due to the high expectations over Consensus, which did not create that much demand over bitcoin, at least not as much as it happened during previous years.
I understand it’s your money that is at stake and the market has been quite bearish. But it’s also mine and everyone else’s who decided to change from fiat-currency to cryptocurrency. To most people you know bitcoin is an investment vehicle; maybe a bit more worrying, is the fact that the focus is not even bitcoin anymore, it’s mostly altcoins. Where else we could we get those massive gains (bruh)?
Read more https://www.ccn.com/opinion-the-bubble-is-not-bitcoin/
I understand it’s your money that is at stake and the market has been quite bearish. But it’s also mine and everyone else’s who decided to change from fiat-currency to cryptocurrency. To most people you know bitcoin is an investment vehicle; maybe a bit more worrying, is the fact that the focus is not even bitcoin anymore, it’s mostly altcoins. Where else we could we get those massive gains (bruh)?
Read more https://www.ccn.com/opinion-the-bubble-is-not-bitcoin/
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