Dont you think that crypto market is still overvalued? - page 3.

Tigerw

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Quote from: Micerker on June 05, 2018, 04:31:25 PM

Quote from: pat25 on June 03, 2018, 12:50:02 PM

Hi!
Don´t you think that crypto market is still overvalued?

Look on this Bitcoin price prediction based on worldwide money flows: https://coincheckup.com/coins/bitcoin/predictions

What is your opinion?

I still think that the new crypto market is starting. When prices fall, people feel that the crypto market has collapsed, but if you try to compare the bitcoin price in 2018 and bitcoin price in 2009, we can see the price bitcoin is still increasing dramatically.

If we compare all previous years, then the most promising year was in 2017. If we analyze the current year of 2018, then it became famous for the fall of hopes, and not for the level of the crypto-currency market.

Micerker

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Quote from: pat25 on June 03, 2018, 12:50:02 PM

Hi!
Don´t you think that crypto market is still overvalued?

Look on this Bitcoin price prediction based on worldwide money flows: https://coincheckup.com/coins/bitcoin/predictions

What is your opinion?

I still think that the new crypto market is starting. When prices fall, people feel that the crypto market has collapsed, but if you try to compare the bitcoin price in 2018 and bitcoin price in 2009, we can see the price bitcoin is still increasing dramatically.

ilya_gr

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Absolutely yes,if BTC doesn`t become the digital analog of gold officially.Cuz we see now only speculative price, it is formed based on "Fool`s theory" (in classic economy), we don`t see real value of crypto now.
So only big players and govs can make crypto strong now

Crumple Cat

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All this is relative, given in relation to what to evaluate it. In general, given the fundamental and epoch-making nature of what is happening, the current market assessment is still at an initial level. Of course there are a lot of overestimated projects (most), however as it was always in the startup world. Many play and inflate everything. But under the pressure of many factors, over time everything will gradually be rationalized Roll Eyes

bttmember

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AMEPAY

I do not think that market is overvalued, i would say that it is undervalued because if we take the example of only bitcoin, it costs around $5k to $6k to mine one bitcoin and market is almost trading just above this range making miners survive hard at this point, they are working 24/7, they are consuming electricity, the equipment is expensive and also deteriorating everyday, keeping all these things in mind and the difficulty of mining is also increasing with time, i think $12k to $15k would be fair value for bitcoin and im sure it will go up soon as this price is not suitable for miners.

saelernet

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Now there is no convincing examples of the calculation of cryptocurrency.I think the price should be higher. Since this project is created for all people.

elemosho.crypto

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I think this is not appropriate for all the coins. But true for some coins. If you say about the top ten coins, i will say that they might rise more and more in coming days. But there also some shit coins, which are just really shit. And hampering the normal operation of the market. But it is a good news I think, that people are being sensitive before investing and taking proper decision on time.

rextoinsem

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I think that is overrated. This is mainly due to the fact that a lot of speculators in the market. If we follow the economic theory, the prices of cryptocurrencies should be justified. In this case, the cost of cryptocurrencies can be justified by the cost of mining .

reflector

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Quote from: EmmanCryp on June 05, 2018, 02:23:07 PM

The Cryptos market is not undervalued. It is the many shit altcoins in the market that's making it look like it's overvalued. The market still has a lot of room for growth. As time goes on, the low quality altcoins will fade

I really happy that you understood it well. I have seen many people not understand the current market condition but you seems got about the all crypto currencies. I want to invest on the ICO means also I first go to check the future potential of the coin dude.
Then I see some centralized altcoins which is the not good for the decentralized market.
I see all the potential and cheap rate coins are undervalued not a overvalued one.

EmmanCryp

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The Cryptos market is not undervalued. It is the many shit altcoins in the market that's making it look like it's overvalued. The market still has a lot of room for growth. As time goes on, the low quality altcoins will fade

singpolyma

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Many people say that the entire cryptocurrencies market is a bubble that will soon collapse. However, people who are far from the market economy say this. Similar processes are typical for most young markets without regulation.

criptoroman

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2017 was a breakthrough year for major coins such as Bitcoin, Ethereum and Ripple. The attention of the global financial market has increased, and innovative blockchain applications have brought impressive profits to the creators. More importantly, this rapid pace for the entire ecosystem is ensured by increasing appetite from investors, and it has no signs of weakening.

koralan

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Currency market volatility. Electronic money fell sharply. With the current situation, the electronic money market is not appreciated. But I think that's just temporary. The money market will soon increase again in the near future.

johstacy

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If we talk about individual tokens, then yes, some overestimate & pump. Speaking about the market as a whole, I don't think that now the market is overvalued, it's not December 2017.
Now, all over the crypto world, we can probably talk about underestimation of some good projects. These projects are simply lost in the crowd of noise and HYIP.

voltagecrypto98

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My small knowledge says that yes. Its price has moved up very shortly over the time, But i believe that cryptos have that prospect to rise over the time pass.

lenini

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Infinite growth is impossible in any sphere of the economy. At some point, growth is coming to an end, and then what? The economic downturn. When a huge influx of newcomers ends, the market will collapse. Many people will be disappointed in crypto-currencies, they will collect their own manats and withdraw from the market a crypto-currency.

annstasia009

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Quote from: pat25 on June 03, 2018, 12:50:02 PM

Hi!
Don´t you think that crypto market is still overvalued?

Look on this Bitcoin price prediction based on worldwide money flows: https://coincheckup.com/coins/bitcoin/predictions

What is your opinion?

As for me it's just rumors, I think that this market deserves even more than it is now, in the future it will develop and will show its true price.

jt byte

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Quote from: pey on June 05, 2018, 05:29:14 AM

I think whole market is undervalued by now but some coins are overvalued some undervalued as well. Bitcoin is very undervalued to me, $7000-8000 in 2018 is really low price.

Why new investors are not investing then? Why big fish are not interested in Bitcoin?
But stable price now is probably good for Bitcoin future Wink

.

gegewojinnian18

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I don't think that all cryptocurrencies in the market are overestimated. Many cryptocurrencies still have many practical uses, such as BCH and ETH!

pey

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I think whole market is undervalued by now but some coins are overvalued some undervalued as well. Bitcoin is very undervalued to me, $7000-8000 in 2018 is really low price.

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