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Topic: Cryptocurrency market will see crash and then consolidation (Read 231 times)

legendary
Activity: 1564
Merit: 1027
Yes, I also think that the cryptocurrency market will collapse, if it collapses, then it will rise again after the fall.

Then it's not a collapse, but a big fluctuation  Grin
member
Activity: 238
Merit: 10
Yes, I also think that the cryptocurrency market will collapse, if it collapses, then it will rise again after the fall.
full member
Activity: 392
Merit: 101
An adjustment should happen, but mining will continue steadily imo.
member
Activity: 406
Merit: 10
it's nature of cryptocoin market if crypto coin price not get up and down then how can increase crypto coin price and new listed coin how can survive.
sr. member
Activity: 980
Merit: 250
This is a natural phenomenon of every currency market that market crash at resistance level and after consolidation start moving up and crypto market also work with this rule. This rule is healthy for the market and if that not happen, how we got profits.
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
This is the reason why many shit coins are getting a good spike in it's price. The ICO craze is not yet over probably since many shit projects are still getting good amount of investment. There should be a filter or something alike that shouldn't allow shit projects from being executed in the crypto market. If things keeps going like this then I am sure Crypto will really crash since shit projects won't hold the price for longer. People are investing in it just so that they can profit out of the investment. This is not the way how a good coin works.
newbie
Activity: 56
Merit: 0
that is a normal progress of a newborn area
full member
Activity: 230
Merit: 250
You really cant just eradicate a multi million investment isnt it?. A lot of instigation and lawyers if you are about to shut it down. I mean, their are many millionaires of cryptocurrency needs that service to use if for trading. Even if their is a government mitigation, you need to file a lot of lawsuit to take it down. Although their were many scams that happen ed through the years, it is still anonymous so no one could really vouch for it until they want to risk their identity.
full member
Activity: 242
Merit: 100
i always think its crazy, but it more crazy than i think, the traditional VC is getting into blockchain very soon, i think there must be a crash bu when will it happen
full member
Activity: 448
Merit: 100
The recent increase in altcoin has scared me. On average, I have more than five times the increase in each token. In the short term, the possibility of a correction is very high.
Do you invest only for a short time? If you keep them longer then you can get a good profit.
member
Activity: 70
Merit: 12
Q: Do you think we are in a crypto bubble? If so, what are some signs of it?
The guy who bought bitcoin at the top, when it spiked from $2 to $30, and then came crashing back down to the single digits, bought in “a bubble” and looked like an idiot at the time. Assuming he held, he looks like a genius today. So it depends on your time horizon. Could the crypto-asset market cap correct by 90% in the next year or two? Totally. Do I expect that same market to be exponentially higher in ten years? Absolutely. Thus, crypto can be in a bubble and undervalued at the same time.

Q: What have you learned/conclusions have you drawn from Bitcoin and cryptocurrencies?
Don’t trade. Buy cryptoassets with long-term potential, ignore the shitcoins, and HODL.

https://bitcoinforplebs.com/2018/01/08/blockchain-evangelist-jeremy-gardner-reveals-the-latest-developments-in-crypto/
member
Activity: 252
Merit: 13
Seems it  will happen a lot of bullruns happening with these shitcoins,probaby people think that BTC is going so consilidate thats why they are moving to alts instead.
member
Activity: 266
Merit: 13
Crash is inevitable.  Consolidation is the more important aspect.  There are too many projects that are too similar, competition is good but for the core ideas to really thrive you need to cull some to get down to a few services/projects in a space.  So who will be the survivors, those coins that will be able to rebuild after the crash and gain real use?  
full member
Activity: 182
Merit: 100
This is entirely possible, and I also feel that the bubble in the cryptocurrency market is too big, and the elimination of the bubble will lead to a rapid fall in prices.

Agree but big power of altcoin community will survive. For example bitcoin, it has big supporter its price will be stable.
I think next future only the big powerfull cryptocurrency that will survive.
newbie
Activity: 12
Merit: 0
It will definitely arrive but not sure that It will arrive soon...

There are still a lot of people who are get in the market everyday, bitcoin and altcoin. And there are a lot of people who want to get in but major exchanges are stopping accepting new members :
Bitfinex
Bittrex
CEX
Binance
Anycoin

So a lot of money is ready to enter the market...

But Crash will definitely arrive surely when the first project with a massive cap will bankrupt ... Everybody is going to panic and this will lead to massive crash. and bids wont be available for anything.
member
Activity: 238
Merit: 15
"Cryptocurrency market will see crash and then consolidation"
I've been feeling something like this for a long time....
legendary
Activity: 1564
Merit: 1027
Indeed, many projects are being pumped with no plausible explanation besides pure speculation. And this is not a good thing...  Undecided

I don't know if the bubble is going to burst or slowly deflate itself, but I don't see how these prices can be sustained in the long term.

Unless the market keeps creating more speculative projects, with no purpose besides pump and dump.

2018 will be the year for altcoins to rise, but at what cost?
member
Activity: 210
Merit: 10
The recent increase in altcoin has scared me. On average, I have more than five times the increase in each token. In the short term, the possibility of a correction is very high.
full member
Activity: 308
Merit: 101
FXPay.io
Today many sites have sprung up to offer buying and selling or investing in bitcoins and this became the spearhead that flooded the crypto market.I think every increase and a decline in the price is always a risk behind it.
There are currently two bitcoin transaction actors.
First, the perpetrator or the industry that stands as a marketplace, the place to meet the buyer and seller of the virtual currency.
Second, actors or industries that offer investment in bitcoin sales.
member
Activity: 168
Merit: 10
Open and Transparent Science Powered By Blockchain
This is entirely possible, and I also feel that the bubble in the cryptocurrency market is too big, and the elimination of the bubble will lead to a rapid fall in prices.
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