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Topic: Alt Bubble Popped? (Read 5891 times)

sr. member
Activity: 254
Merit: 250
July 02, 2017, 01:32:54 AM
#77
I think bubble exists cause every altcoin is somewhat dumped when the time comes.
But I think bubbles are not killer ones. 2017 is just the year of alts. Its still too early.

The pumped coins will be dumped hard. But the good coins will keep on rising.
legendary
Activity: 2436
Merit: 1366
June 10, 2017, 02:08:09 PM
#76
I think bubble exists cause every altcoin is somewhat dumped when the time comes.
But I think bubbles are not killer ones. 2017 is just the year of alts. Its still too early.
sr. member
Activity: 254
Merit: 250
June 10, 2017, 01:53:15 PM
#75
Not all alts in bubble but there is bubble with some coins.

But most of them are for pump and dump only. Meaning for purely speculative then price rise and as soon as you thought that the price is sustainable, the bubble is burst then panic buying occurs pulling the price of the coin down. So we must be very watchful of every altcoins being pump because we don't know when the dumping will occur.

That is the reason we should buy only good coins.
hero member
Activity: 2632
Merit: 833
June 07, 2017, 03:51:59 PM
#74
Not all alts in bubble but there is bubble with some coins.

But most of them are for pump and dump only. Meaning for purely speculative then price rise and as soon as you thought that the price is sustainable, the bubble is burst then panic buying occurs pulling the price of the coin down. So we must be very watchful of every altcoins being pump because we don't know when the dumping will occur.
sr. member
Activity: 532
Merit: 250
June 07, 2017, 11:47:32 AM
#73
Not all alts in bubble but there is bubble with some coins.
legendary
Activity: 1218
Merit: 1007
June 07, 2017, 10:14:13 AM
#72
Things you have said seem too much worried on your side, but don't worry. There are many coins which are coming up and are getting pumped, as well as others too which got dumped earlier are now having chances to get up again to more higher levels based on their strongest resistance levels.
sr. member
Activity: 250
Merit: 250
June 07, 2017, 08:21:50 AM
#71
There is no bubble. Don't listen to these people who say it's a bubble.

This will revolutionise the world.
Last year some said that crypto is bubble,
early this year when btc reached 1300 then it was also some peoples said that crypto bubble,.... the truth:
fresh fiat is coming in and it ll still grow.
China, Japan and Korea are getting in, it is just the time when everyone will get in,.... then we ll have the scalling problem.
sr. member
Activity: 291
Merit: 250
June 07, 2017, 04:43:24 AM
#70
Seeing all the red at polo, it seems like the altcoin bubble has finally been popped as expected of course.
Would you be waiting for the price to settle or buying into your favorites alts right now?
What alts were you been waiting to get dumped to buy?

XRP, it is clear.
It has the future and it s just growing, many bank just realize that it is very eficient.
It is not for 2-3 weeks trading, it is for long term.
kc.
sr. member
Activity: 267
Merit: 250
uh-huh
June 06, 2017, 07:30:53 PM
#69
There is no bubble. Don't listen to these people who say it's a bubble.

This will revolutionise the world.
member
Activity: 64
Merit: 10
June 05, 2017, 03:15:52 PM
#68
Don't fool yourselves this type of action can't keep up forever. Eventually it will pop. Nobody knows when so be ready to dump. Even though I think there will be so many new bag holders here. We'll see lots of people crying on this forum when it happens.

newbie
Activity: 14
Merit: 0
June 05, 2017, 06:57:48 AM
#67
It's a Poloniex bubble.

Recently there are also big bubbles in Bittrex.
hero member
Activity: 1034
Merit: 558
June 04, 2017, 08:18:47 AM
#66
well, i thought it popped already, but i was wrong. it looks like pumps go on. that means there will be even more bagholders after they are done   Cheesy
member
Activity: 156
Merit: 10
June 04, 2017, 07:40:56 AM
#65
It's a Poloniex bubble.
member
Activity: 60
Merit: 10
June 04, 2017, 07:37:10 AM
#64
It will go for long time before it pops. Just hold guys!

You're right. I believe it won't pop by the end of 2017.
newbie
Activity: 14
Merit: 0
June 02, 2017, 01:54:18 AM
#63
It will go for long time before it pops. Just hold guys!
sr. member
Activity: 882
Merit: 269
June 02, 2017, 01:49:18 AM
#62
Every day there have been 20 or more coins that rise 20% or more.   Today is no different.  The total marketcap of all coins went from 75 billion to 85 billion in the last week.

Only based on Ethereum, I think. The rest have been rather sluggish. Some Ether profits seem to trickle down to the rest, but I see huge sell walls on nearly all alts - it will take a lot to make them pump properly again.
Ethereum is crazily overvalued vs. Bitcoin though. Half the value? No way in hell. That will correct sooner or later.
Though Ethereum is over bought I did not see it give up it upward movement as many investors are pumping it obove technical analysis overview. Eth may likely trade above 0.15b before August this  year. The current bubble on almost all the crypto currencies is real and will last for some time as they are no reason for coins recession now.
sr. member
Activity: 252
Merit: 250
June 01, 2017, 07:06:24 PM
#61
Every day there have been 20 or more coins that rise 20% or more.   Today is no different.  The total marketcap of all coins went from 75 billion to 85 billion in the last week.

Only based on Ethereum, I think. The rest have been rather sluggish. Some Ether profits seem to trickle down to the rest, but I see huge sell walls on nearly all alts - it will take a lot to make them pump properly again.
Ethereum is crazily overvalued vs. Bitcoin though. Half the value? No way in hell. That will correct sooner or later.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing
June 01, 2017, 02:49:00 PM
#60
Ya man looks like were in for Pump#3 or is it #4? I lost track.. Go alts!!1!  Grin



hero member
Activity: 2730
Merit: 552
June 01, 2017, 01:49:05 PM
#59
OP of the thread is from 9th May. That's a while before the huge bubble started and some people then thought that alt prices will crash. This shows us that an actual bubble can occur at any time and I don't see a reason we won't see one again as soon as in a few days.

Hold on to your alts, this is all going to turn out to be a continuous upward trend with regular pumps and dumps but in the end the coins keep most of the ground they've earned. By the same time next year your coins will probably be worth several times what they are now.

It looks like the alt coin bubble is burst as well. The only alt coin worth holding right now is ETH. I saw it just broke the $200 barrier so it looks like it is still good. However, its currently red, so a lot of dumping of ETH is ongoing. I don't know if this is the start of the dumping of it because the price has peak now. Will try to hold still and see what happens.

How are you arriving at that?  Are you following the charts?  Every day there have been 20 or more coins that rise 20% or more.   Today is no different.  The total marketcap of all coins went from 75 billion to 85 billion in the last week.
newbie
Activity: 6
Merit: 0
June 01, 2017, 12:20:20 PM
#58
Bitcoin's price will rise but its market cap will eventually decrease and this is very normal. I suggest stratis and etc to invest in.

How is that, do you mean the number of bitcoins will decrease like eventually destroyed.
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