How long will cryptomania last? - page 2.

XbladeX

legendary

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Quote from: Pierre 2 on June 03, 2017, 02:08:36 PM

*** like 3 years for altcoins.

Mate rally ?
1st we have to ask why be buy alts ot BTC : )...
in 95% answer is because there is pump and when i buy now i will find next buyer who will pay 2x more.

So in reality in crypto so far only BTC have name of coin that can come back from pump (2013) and grow higher
https://web.archive.org/web/20131208085123/http://coinmarketcap.com/

***
crypto will be used by banks/institutions etc. Cheesy

sure it can use tech but that doesn't mean that they will use some public crypto.
***

After BTC there is ETH it gives people opportunity to gamble drams in ICO and bait with magic 10x : ) gain but...
wehn you look at actual use of crypto in real world then all prices are FAR away from use we have now BIG getting mashine and big cassino full of PnD .

It will take not long dot.com we can name x.blockchain this is the same but is unregulated and will blow up market faster. Dot.com took 2 years but in crypo all takes like 10x faster so we will have time to form april-to-august when we will be thrown into bear market we will see true price after party is over.
Actual use justyfi price of BTC ETH rest is pure speculation and gambling right now at this prices.
We will fall in next few months IMO.

Pierre 2

legendary

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I feel like we are just starting that phase.
And we didn't even see peak of that endless rises.
It will definitely last long, like 3 years for altcoins.

European Central Bank

legendary

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the rug is pulled when people start to get fat and comfortable. they look fat and comfortable from here.

at some point soon anyone with a $250 ether will sit and think 'why is this worth $250?' if there aren't enough buyers who can come up with a reason then the fun is over for now.

bitbob82

hero member

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Quote from: TKeenan on June 03, 2017, 02:07:28 AM

There are a lot of big changes coming at the end of this year/beginning of next year. That's about as far into the future as we can see currently. There will be massive swings and then things will settle down until the next big blockchain tech comes around or some big news event happens IMO.

to me as the new trend of the people is toward crypto currencies therefore in future we can expect that this trend is going to over come the fiat system and after that people are going to use bitcoin and other crypto currencies instead of fiat currency. and therefore we can expect that bitcoin will continue for long time.

thompshma

sr. member

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As someone who heard about bitcoin a long time ago but only recently invested in coin I hope I didn't miss the train.
I don't think the market is saturated yet but in the age of information sharing that could change in less than a calendar year.

bearex

hero member

Activity: 560

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For quite some more time in my opinion. After all, many projects that are out there, don't even have their "thing" (platform, exchange, whatever they are building) finished, so it should rise after the release of a specific project (the price and recognition).
So i think it is going to become more and more popular and mainstream.

jason943

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I think this round of bull market will last at least until the end of 2017. For the long term I believe cryptomania will last at least 10 years.

gabmen

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Quote from: Neoliberalism on May 28, 2017, 12:48:28 PM

How long will this phase of cryptomarket last where it is relatively normal to make a 100% ROI monthly?

Still there are some cryptos that could possibly go 20x times... How long will we be able to ride this wave and make profits which are remarkably high? 3 years? 5? 10?

Well i don't think we'll really know for sure but with morr people becoming interested and investing in crypto trading, i think we're just at a starting phase here. Crypto trading would probably be here for a long time exceeding the figures you've mentioned

TKeenan

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There are a lot of big changes coming at the end of this year/beginning of next year. That's about as far into the future as we can see currently. There will be massive swings and then things will settle down until the next big blockchain tech comes around or some big news event happens IMO.

go4crypto

sr. member

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Cryptomania is still in very early phase since most people do not even know about it.
There are not even any crypto ETFs or funds yet for common people to bug easily .

linkybit

full member

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Keep Working

Things are changing rapidly in crypto world, so hard to predict how long it'll continue, as daily we see a new coin with a new concept.

chutchmcgillicutty

sr. member

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Yeah I think its here to stay. Its like the stock market that never sleeps and is pumped up on crazy drugs

litaf

newbie

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Cryptomania is here to stay in my opinion. It will bring about a financial revolution to the world and has so much potential in the various financial services it can provide. Technology will only continue to increase and adoption rates of cryptocurrency adoption will only continue to grow. Based on these reasons, I think cryptocurrency is a good investment.

fistfullofbtc

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look back the last 2 years not much price movement, so you could say it has caught up.

but some coins are very overpriced, sia is one, btcd is high and devs moved to kmd.

omonuyak

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Quote from: Neoliberalism on May 28, 2017, 12:48:28 PM

How long will this phase of cryptomarket last where it is relatively normal to make a 100% ROI monthly?

Still there are some cryptos that could possibly go 20x times... How long will we be able to ride this wave and make profits which are remarkably high? 3 years? 5? 10?

Am always concerning about how some of them got drop in just a day by those pumper. Most new crypto currencies do raise up to 1000% in just a week and most times got drop in the following week! I think in some years to come let said 3 to 5 years crypto currencies should be able to build it capitalization to the extent that it can not be control by individuals, group and even government.

naidray

legendary

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Quote from: Neoliberalism on May 28, 2017, 12:48:28 PM

How long will we be able to ride this wave and make profits which are remarkably high? 3 years? 5? 10?

As long as people are concerning about digitizing their financial needs, we can expect crypto related stuff will keep on finding booms. The high returns trend may change in to normal like how stocks and other derivative markets are working right now. Still we can be sure, cryptomania will last and will stay as an attractive investment opportunity compared to other investments.

Novun

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I don't think it will ever end. If it as only Bitcoin I would say 2-3 years, but there are so many cryptos and such innovation that this might continue until an even better technology comes along or we reach utopia without any currency.
Even in 5-10 years radically new cryptos can come out creating dynamic markets as it is now.

fistfullofbtc

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it does feel like something that can't be truly defined. some coins are a currency,an assets,a hobby, a bit of fun.

i think whilst interests rates are low it will thrive but once interests rise the big money will go. it is still very unstable, 30 billion down on market cap in one day is never good.

amacar2

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Quote from: Neoliberalism on May 28, 2017, 06:04:01 PM

This whole thing reminds of the gold rush back in the day. Like we are buying Microsoft and Apple stocks while Jobs and Gates are still pot smoking hippies.

Cryptocurrency is no way like microsoft or apple stocks. Both of them are just controlled by few gigs while most of the Cryptocoins are distributed to people around the globe. Also chance of market manipulation is quite low if you haven't invested in some ponzi/scam coins/tokens so I don't think all this crypto rush will end anytime soon like stock bubble we used to have in past.

Rockie1234

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At least a few more years. At the moment, most people in the world probably still wouldn't know or understand what Bitcoin is. But recently companies and banks (fintech etc) have begun to take notice. There's so much money in it that I'm sure we have a while before any sort of common adoption or crash

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