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Topic: Dont you think that crypto market is still overvalued? - page 4. (Read 604 times)

member
Activity: 459
Merit: 10
Why do you think so, you think there is a bubble, that's normal. Do you think that all investors are ignorant? not like this. In fact, the value of cryptocurrency should be higher than this. Because it is a project for all humanity.
hero member
Activity: 994
Merit: 500
Everybody here disagee, but look at the specific situation.
In the past year many newcomers, I mean really many, everybody heard about Bitcoin and they left and probably they won´t invest again  Undecided.
full member
Activity: 446
Merit: 100
The Protocol for the Audience Economy
I totally disagree. The cryptocurrency market will be overestimated only when simple working factories will use bitcoin as an investment.
hero member
Activity: 3080
Merit: 603
Overvalued? there's a big market cap for all cryptocurrencies so do you think they are overvalued?

It all depends on the circulating supply and demand of such coin. The opinions about the market cap thing of crypto's are still debatable, there are experts in finance that can't accept the fact that this trend of digital currencies are making the global trend and is potentially going to be their biggest opponent.
sr. member
Activity: 952
Merit: 253
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?


It's undervalued in my opinion. This time bitcoin has a lot of usefulness just like it can become your store value or asset, you can create any transaction with cheap fees by using it. And altcoin has so many advantage just like you cna earn passive income, runs dapps in the platform and many more.
full member
Activity: 364
Merit: 100
“Create Your Decentralized Life”
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 think that now he is no longer overvalued. Of course it is still possible to fall but I think that it will not be significant.
member
Activity: 322
Merit: 11
Thank you for +Merit
Today, there are no convincing methods for calculating the cost for crypto-currencies. This is an unexplored territory. Only time will show the real cost of crypto.
newbie
Activity: 113
Merit: 0
Not now. During the december/january bull, the prices of the coins were completely overvalued which is why the prices ended up crashing down so hard
sr. member
Activity: 476
Merit: 259
Not overvalued, but there are definitely some sharks that are driving the price higher, you can't say that it is overvalued because there are always active trades on this pair and it's volume is pretty high, but we can be pretty sure that the price is being manipulated.

I don't think that the current status is bubble because the volume is still really high compared to the market cap and the price is pretty much stable compared to other markets.
I think that we found the stability point at about 7K$, and from now the price is just going to be increased as the demand is just increasing.

hero member
Activity: 994
Merit: 500
I do not think that the crypto-currency market is too overpriced. If something is overrated, it's bitcoin. Still, one type of virtual digital money can not cost thousands of times more than ordinary money and in tens, hundreds, and sometimes thousands of times more expensive than the same digital ones. However, this is a new technology and we do not yet fully understand how to evaluate them and how they should behave.
Well, I think that Bitcoin is one of the few coins which will survive because it has real use, you can buy with Bitcoin a house or a coffee or a car or whatever.
But what will you do with altcoin? Only speculate..

full member
Activity: 966
Merit: 104
I do not think that the crypto-currency market is too overpriced. If something is overrated, it's bitcoin. Still, one type of virtual digital money can not cost thousands of times more than ordinary money and in tens, hundreds, and sometimes thousands of times more expensive than the same digital ones. However, this is a new technology and we do not yet fully understand how to evaluate them and how they should behave.
full member
Activity: 672
Merit: 140
There are 2 options:
1. crypto will be globally accepted, we will see a massive adoption and price will sky rocket
2. governments and authorities will ban crypto, because there will be a problem wit taxes - then crypto will have no value.



Fully agree with you. Wanted to say same.
I really hope it will be scenario Nr.1 and we all will become reach someday.
But, unfortunately at the moment looking that scenario 2 is working and already for half a year since January no major changes.
We are all optimists, that´s why we are here  Wink
full member
Activity: 770
Merit: 102
btc is not over valued

most icos have huge fake caps because they were easy to game from the start

so yes the total MC is hugely fake and over inflated
What does it mean? If there is a huge fake market cap - then there is a great growth potential or not?
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
btc is not over valued

most icos have huge fake caps because they were easy to game from the start

so yes the total MC is hugely fake and over inflated
copper member
Activity: 168
Merit: 2
Thank you for your thoughts, but nobody still convinced me that cryptocurrency are not overvalued.
I mean some obvious evidence..



The first question to ask yourself is who determines if a crypto market is overvalued. It all depends on demand and supply. And to me the crypto market is still very young and has more room to grow. I can say its undervalued from my perspective.
full member
Activity: 770
Merit: 102
Thank you for your thoughts, but nobody still convinced me that cryptocurrency are not overvalued.
I mean some obvious evidence..

sr. member
Activity: 700
Merit: 300
I think it isn't overvalued now because it has taken all the steps to ensure that it gets corrected to the normal average prices. The bitcoin value and off course all the altcoins were overvalued in the December month. That is the period and those are the market cap which were actually overvalued. The price of 19K USD was actually tremendous hype and that too happened just within two weeks of period. This explains many things and primarily tells us that that was the overvalued positioning.

Now just look at the market and look what you see. The bitcoin or altcoins they have already corrected themselves in terms of prices and lowered more than 50% of original rates ATH. So we are just fine here.
sr. member
Activity: 714
Merit: 257
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?



Yes, a lot of crypto projects are overvalued, like EOS and a lot of others. But bitcoin and whole crypto space is not. There is lots more ground to gain in the terms of market capitalization. A lot of projects will fail, and the space will mature with fewer projects that have high capitalizations

full member
Activity: 448
Merit: 110
I really think that crypo right now is not overvalued. Because crypto can be something more something bigger than this. It is just that other country dont support cryptocurrency thus it being a hindrance in the growth of cryptocurrency. I know that in the future crypto will be having bigger prices that we currently see in the market.
member
Activity: 153
Merit: 10
Maybe. But I would not say so about the market as a whole. I would divide the cost for each coin separately.
Since I believe that there are coins that are overvalued and there are coins that are undervalued.
I think that in the coming year there will be a redistribution of value between the coins in the market.
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