Topic: Another Bubble Already? - page 2. (Read 3274 times)

People have misunderstood of this topic, new money, "fresh blood" is not responsible for this situation, it just an effect of ETH, Monero and Dash whose pumps showed resistance toward BTC supremacy, this brought more power to other alts. We can say   best alts are responsible for successes of all alts.

Call it bubble if you want but there's a fact that whole crypto currency market is rising faster than ever for 3 months. There's a bunch of new money coming in to the market, that affect the prices. This will go on until new money stop coming in. I guess we will have bull market for another 3 months too.

Don't know, I think there is nothing certain in crypto ecosystem, time will tell

And it wouldn't just be because he sold it would be because everyone else realized the crash was a bubble bursting and everyone would sell. People always seem to think its up to a single or just a few people when its not, its herd mentality.

If someone bought up 10 billion of BTC the price would rise so much that all alts would crash in the BTC bull run.

A law of nature is that stuff that is big will trickle down into what is smaller, like a tidal wave or a river... it can work the opposite way too, where small stuff flows into big and they form a synergistic harmony.  Bitcoin and ETH and trickling down to promising and not so promising altcoins.  We have a global economy with a combined credit value in the hundreds of trillions of dollars trickling down into the next big thing, crypto currencies and the blockchain.

I thought people at work didn't know much about investing in silver or gold, much less platinum or palladium.. well mention bitcoin to them and for the most part, their eyes gloss over and they have no idea... it's amazing how disconnected the general population is from anything of substance or depth. People's knowledge consists of very superficial things and it takes literally being hit in the face for them to notice anything else.

Sex, sports, movies, hunting, tats, music, alcohol, bars, clubs, and food.. that sums up the average person's existence (in America) and level of knowledge besides whatever specialized field they happen to get into. Not trying to sound judgmental, because in fact I'm not.. it's biologically driven and I'm into mindfulness and openness and acceptance anyways, it's nonetheless fun to observe.

97% of the global population never heard of Bitcoin.
99.99% never heard of any altcoin!

While numbers are from May, they are pretty accurate I believe. Image what will happen when 10% of the global population will use crypto like us on a daily basis, that's 700.000.000 people. Imagine that, and, after that, imagine the prices of our precious coins.

People are just so euphoric about cryptos, and maybe they are right to be so. At the end of the day its impossible to say when we are in a bubble, or more accurately when we are near the top. I think just invest in what you believe in and forget if its a bubble or not. I think its way too soon to start calling things out as a bubble.

All others (like you said, but Alts in my words) do not just follow it, they get much more increase than Bitcoin and some is in position to probably take the Bitcoin crown.

I think this is exaggerate, all this talk about balloons and possible burst.. Face it it is just a good year, bitcoin as leader is on the move, and all others just follow naturally. Also we have very nice coins and they becoming very popular we can call this founding.

Totally agree, we're in for a bumpy ride the next year.

Many new investors are pouring in. The market is so undersupplied. So it's not a bubble. The sudden dips should be the work of large boys trying to tweak markets and many bot trading follow suits. My strategy is buying on dips and holding.

Only traders have to worry about the bubble.

I think you might be right about altcoins but bitcoin is rather juvenile, for it has shown the world what it is worth and now we can also see its big disadvantages. I guess we can't call it a bubble yet, because we are those who make the currencies worth so much money. Basically, they are backed up by our trust and it is up to us to decide whether it was a bubble or not.

Bitcoin and others crypto currencies Are still at an infancy stage and we cannot really do anything about price bubble now. We can have stable price after market capitalization is above 1trillion dollar. Now few people that has huge investment are manipulating price to their favour.

Who said it ever ended? that's the fun thing about bubbles, they are extremely unpredictable.

Funny people still talk about "bubble" alt coins will continue to rise better get out of your bubble and accept it.

Thank you for this reflection!

We do not know if it is a bubble or not, or the behavior of a market in full growth .. in fact we know nothing!

We are still on a bubble, these have been some tremors (up and down)

You don't know it's a bubble untill it burst. If that Facebook guy comes next month and buys 10 billion worth of bitcion then this right now is not a bubble but if he had a 10 billion of bitcion and sells it all then it was a bubble so you don't know.

I find it rediquolous people try to predict if it's buttle or not THERE IS NO WAY market is crazy stop trying to predict it you don't know when few rich peopple can pop you or blow market up.