The rate at which crypto is growing does seem crazy, but it is in a stage right now where it is not slowing down at all. We could easily be at $40BN in a month or so.
Coinmarketcap says right now: Market Cap: $45,789,306,180
Topic: Crypto marketcap goes from $30bn to $40bn in under 2 weeks - What next?? (Read 1323 times)
May 05, 2017, 02:17:45 AM
Coinmarketcap says right now: Market Cap: $45,789,306,180
May 04, 2017, 07:50:47 PM
The rate at which crypto is growing does seem crazy, but it is in a stage right now where it is not slowing down at all. We could easily be at $40BN in a month or so.
May 04, 2017, 05:04:56 PM
Dow has just kept going up. There have been obvious historical corrections but the problem for a lot of people is they expect early corrections that don't happen. I always take some profits out in fiat so I don't mind staying cautiously in this kind of market.
May 04, 2017, 04:06:29 PM
There's too much going on. I'm finding it hard to concentrate on my day job!
I agree with you, my unrealised profits of the day are over 1 month salary...
I read somewhere that crypto market was (at the time of the post) the equivalent of 1/5000 of M2 agregator (maybe mass? English is not my native language). The point is, as cryptos can partially replace current financial tools such as savings and current account, the share of this market cryptos could grab, is everything but meaningless. If crypto's represent in the future just 1% of this market, from the actual share, it means a growth of... x50.
Of course, this is only an hypothesis I share with you. I'm really interested to know the point of view of other people here.
May 04, 2017, 01:39:23 PM
it seems like some people have a hard time grasping the meaning of a bubble!
these rises are not healthy. even if we assume they are all awesome projects and with real world application, it is still doesn't explain a rise like this in a short time. and go ask whoever you want, in Forex market, the experts over stock trading, ... they all will tell you that going up like this in a short time means you are in a bubble and it will burst sooner or later.
i still remember the topics from last year or the year before that, after the bubble burst and everyone was cursing the market and saying we will never come back. and the history is repeating itself again.
try not to be the ones creating sympathy topics about your losses.
these rises are not healthy. even if we assume they are all awesome projects and with real world application, it is still doesn't explain a rise like this in a short time. and go ask whoever you want, in Forex market, the experts over stock trading, ... they all will tell you that going up like this in a short time means you are in a bubble and it will burst sooner or later.
i still remember the topics from last year or the year before that, after the bubble burst and everyone was cursing the market and saying we will never come back. and the history is repeating itself again.
try not to be the ones creating sympathy topics about your losses.
I like it! Like Wall Street would ever tell you "come on board, you gonna be reach with this buy 100% sure"
If you look into fucking numbers, than yes everything is bubble, if you try to see a value, demand, future than you are in better position."40B is a bubble", Wall street is ROFL on that statement.
May 04, 2017, 12:49:06 PM
To be sincere $10 billion increase is twp weeks is crazy but when you look at snapchat have $20 billion valuation then I said to myself crypto market is quite undervalued. The Fomo has not even beginning and when its start the bubble will then begin
May 04, 2017, 12:01:27 PM
World adoption here we come. Many countries and top banks are starting to accept and support cryptocurrencies. For me they don't have any options or cryptocurrency will leave them behind old and fucked. Hopefully the spirit of decentralization remains strong.
May 04, 2017, 11:22:08 AM
This "bubble" is different though in that it has massive trading volume by it... Most "bubbles" don't pop while having 10x or more their normal volume... At best they have double the volume but typically volume fades during the later phases of a bubble as demand fades... This bubble will pop when demand decreases and only if people sell. Assume this is not a "bubble" but rather new investment... This is something exchanges could tell us.. Are they getting an influx of fiat?
In any case, the higher and longer it goes before popping the less the inevitable correction will be based on technical analysis. 43 billion is still a drop in the bucket from a global financial perspective. If a stock is trading at $10 and someone buys them out for $25 the increased price does not correct. One could use the mass trading volume as an I dictation Cryptos are simply seeing new investment.
One thing that would help Cryptos is not allow borrowing of funds to trade them on "margin" .. When the bubble pops the people borrowing are screwed. Exchange operators have the inside information on margin activity vs new investment... But I bet we collapse 50% in total market cap from whatever the top is.
In any case, the higher and longer it goes before popping the less the inevitable correction will be based on technical analysis. 43 billion is still a drop in the bucket from a global financial perspective. If a stock is trading at $10 and someone buys them out for $25 the increased price does not correct. One could use the mass trading volume as an I dictation Cryptos are simply seeing new investment.
One thing that would help Cryptos is not allow borrowing of funds to trade them on "margin" .. When the bubble pops the people borrowing are screwed. Exchange operators have the inside information on margin activity vs new investment... But I bet we collapse 50% in total market cap from whatever the top is.
May 04, 2017, 09:41:44 AM
I guess some of Wall Street money just came into the crypto-currency business. I don't have any other reasonable explanation. If it's a bubble we'll see that next 3-6 months. But if it's not bubble you'll be very upset not buying (any of the) coins. Right now every coin can make you some money.
May 04, 2017, 09:39:29 AM
it seems like some people have a hard time grasping the meaning of a bubble!
these rises are not healthy. even if we assume they are all awesome projects and with real world application, it is still doesn't explain a rise like this in a short time. and go ask whoever you want, in Forex market, the experts over stock trading, ... they all will tell you that going up like this in a short time means you are in a bubble and it will burst sooner or later.
i still remember the topics from last year or the year before that, after the bubble burst and everyone was cursing the market and saying we will never come back. and the history is repeating itself again.
try not to be the ones creating sympathy topics about your losses.
these rises are not healthy. even if we assume they are all awesome projects and with real world application, it is still doesn't explain a rise like this in a short time. and go ask whoever you want, in Forex market, the experts over stock trading, ... they all will tell you that going up like this in a short time means you are in a bubble and it will burst sooner or later.
i still remember the topics from last year or the year before that, after the bubble burst and everyone was cursing the market and saying we will never come back. and the history is repeating itself again.
try not to be the ones creating sympathy topics about your losses.
May 04, 2017, 09:15:29 AM
There's too much going on. I'm finding it hard to concentrate on my day job!
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
I can relate to that.
I believe we are seeing a bubble like the dotcom bubble in 2000, people are throwing money in all the ICOs without anything to show, it will end up badly for many people, BTC, ETH, XRP and LTC should be fine though.
People will move to those coins when all those "2.0" vapor projects start to crash, I meant they'll be fine in the long run.
May 04, 2017, 07:43:13 AM
There's too much going on. I'm finding it hard to concentrate on my day job!
Will we be seeing $50bn by the end of May? It will, If we will be able to see another FOMO of bitcoin in the future, and 50 billion it's not just a dream for us. More bullish news and those are trying to grab more bitcoin on the market.
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
It will, Bitcoin and Ether. Both are the hottest coins right now. This time the price of ethereum already touched $80.
Remaining decimal will have reached by ethereum as soon as possible. Regarding a lot of bullish news for altcoin.
The cryptos are on hot season.
May 04, 2017, 07:21:49 AM
there may be a fix soon . Phrases need to be .
May 04, 2017, 07:02:31 AM
Was hoping for a more slow steady rise but this is a huge greed driven bubble that will burst and do more harm than good to Cryptos. As usual greed is driving Cryptos.
Get ready for the burst and another 3 years of low volume basing post burst.
Get ready for the burst and another 3 years of low volume basing post burst.
May 04, 2017, 06:59:51 AM
There's too much going on. I'm finding it hard to concentrate on my day job!
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
I can relate to that.
I believe we are seeing a bubble like the dotcom bubble in 2000, people are throwing money in all the ICOs without anything to show, it will end up badly for many people, BTC, ETH, XRP and LTC should be fine though.
May 04, 2017, 06:39:48 AM
There's too much going on. I'm finding it hard to concentrate on my day job!
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
I can relate to that.
I believe we are seeing a bubble like the dotcom bubble in 2000, people are throwing money in all the ICOs without anything to show, it will end up badly for many people, BTC, ETH, XRP and LTC should be fine though.
May 04, 2017, 05:54:45 AM
There's too much going on. I'm finding it hard to concentrate on my day job!
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
I think many people find it hard to focus on the daily stuff at the moment.
Every day a new high. These are crazy times.
Imo that's absolutely uncharted territory at the moment and who knows how far and high we will go.
Just enjoy the ride as long as it holds.
May 04, 2017, 04:28:50 AM
If you you see how the bitcoin, eth and litecoin is increasing in both capitalization, volume and pricing one will be actually tempted to abandon you day job and focus on crypto currencies business. The good thing about this development is all the altcoins are still in there early stages and buy The time there are fully developed 1btc may be up to $50,000.
Do you really think BTC will be worth 50 grand?
May 04, 2017, 04:15:38 AM
It is hard to predict where you will go. But it will be 50 billion dollars in two weeks.
May 04, 2017, 04:02:44 AM
There's too much going on. I'm finding it hard to concentrate on my day job!
Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
If you you see how the bitcoin, eth and litecoin is increasing in both capitalization, volume and pricing one will be actually tempted to abandon you day job and focus on crypto currencies business. The good thing about this development is all the altcoins are still in there early stages and buy The time there are fully developed 1btc may be up to $50,000. Will we be seeing $50bn by the end of May?
If so, will we have BTC at £1600, ETH at $100, XRP at $0.1 and LTC at $50??
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