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Topic: Is crypto bubble bursting finally? - page 21. (Read 3829 times)

hero member
Activity: 644
Merit: 500
May 12, 2018, 10:46:02 AM
#44
I still don't believe in a bubble that will start to burst now guys. We are still in a market sentiment where the bears is try to kick out the bulls. But the bear forgot how hard we dipped in the last couple of weeks. I am sure that we will go up in the next months after a short term dip!
full member
Activity: 236
Merit: 100
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May 12, 2018, 09:35:51 AM
#43
If you think crypto is a bubble after all you should reconsider your thoughts. We are making a mistake by forgetting trading in crypto is no different than trading stocks. You should get used to all these ups and downs. It is in the nature of anything related to trading. You can't expect something to up forever.
sr. member
Activity: 504
Merit: 250
May 12, 2018, 08:56:54 AM
#42
No I dont think crypto is bursting nor is it in the verge of bursting, I really dont get where people got this information from. It is either going up or down because of the corrections and not bubble bursting .
full member
Activity: 490
Merit: 102
May 12, 2018, 08:38:50 AM
#41
I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?

In dotcom bubble 90% of money were from institutional investors. Here (well at least we all hope) money are from Pipeman Joe. Nobody knows what would have happened to dotcom market if there were no institutional money there.
full member
Activity: 448
Merit: 100
May 12, 2018, 08:27:35 AM
#40
The trend goes up, there are small corrections, there are big ones. which reach half of the trend itself. So the market is arranged. We observed a stunning growth of bitcoin in late 2017, which is bad for the market. Now we see a good volatile market with an obviously upward trend.
full member
Activity: 560
Merit: 102
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May 12, 2018, 04:14:19 AM
#39
i think it may be true to call cryptocurrency is a bubble because crypto price is being consider overestimated through many years, and the peak is btc reached nearly 20000$ at December 2017,it very soon the bubble blowed but not completely dead, cryptos are struggling on the recovery. investing cryptos without any really products can not be called Investing but holding and waiting the price rises is Speculating, surely it will die soon.
hero member
Activity: 1190
Merit: 504
May 12, 2018, 03:28:40 AM
#38
What is on my mind is that you have to check again the market.

Many times it has been said to be a bubble but what a bubble really is?

The crypto market does have it's own value due to the market cap and invested money of the people so why say it's a bubble?
sr. member
Activity: 479
Merit: 250
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May 12, 2018, 03:22:40 AM
#37
I think when you said that you have not researched about the cryptocurrncy yet. Cryptocurrency is very very different Dotcom. It is real and it is used in real life. You can store your asset or use for payment. Cryptocurrency is the future of payment
sr. member
Activity: 672
Merit: 252
Until the end
May 11, 2018, 08:03:22 PM
#36
I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?

It's all part of the cycle of things.  Over time the market cap will just keep increasing.  People have been predicting its doom since day one.  Wired Magazine called it a distraction a few years ago and destroyed the private keys to their wallet that they learned on.  It's worth $120K today...if only they had the keys....
member
Activity: 378
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May 11, 2018, 07:40:38 PM
#35
The cryptocurrency "bubble" will be inflated many times and the capitalization of the cryptocurrency market will increase many times over . but I do not think that this bubble will burst. Over the past year, the market has grown strongly and I think that will soon continue to grow.
legendary
Activity: 1288
Merit: 1087
May 11, 2018, 06:39:06 PM
#34
if there isn't a real burst, and there certainly hasn't been yet, then we're setting ourselves up for a really catastrophic one further down the line.

i just don't see how most of the alts out there can possibly justify a fraction of their current valuations. after all this time and hype none of them have any real value and it's patently obvious too. no one's being lied to here, they're simply refusing to think about what some of this junk should be valued at.

at least with the dotcom bubble real companies were involved with measurable metrics, even though most of them were terrible. here there's nothing backing up anything.
sr. member
Activity: 574
Merit: 250
May 11, 2018, 06:21:45 PM
#33
bubble already burst at 20k usd. It bottomed at 6k and now another bubble is coming. bubbles never end Smiley try to earn from bubbles
hero member
Activity: 2884
Merit: 794
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May 11, 2018, 06:02:35 PM
#32
I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?
The size of the bubble is irrelevant, a bubble is formed when too much money enters a market, that is all, that is why you saw so many icos that were very clearly scams receiving huge amounts of money, people were desperate to invest in cryptocurrencies and any cryptocurrency would do but that is the kind of thinking that happens in the middle of a bubble, right now we're closer to its real value but make no mistake another bubble could happen at any time and you need to be ready to take advantage of it.
member
Activity: 602
Merit: 10
May 11, 2018, 04:37:24 PM
#31
Me a bit are angry people, which after each drawdown shout - bubble bursting. And after good growth again become crypto fans.
Of course, you are right, and I will not justify such people, but nevertheless the mood was very spoiled after Bitcoin began to fall from 20,000 dollars Until today. You can only imagine the condition of those people who invested at $ 15,000 for Bitcoin.
member
Activity: 280
Merit: 10
May 11, 2018, 03:35:56 PM
#30
Me a bit are angry people, which after each drawdown shout - bubble bursting. And after good growth again become crypto fans.
member
Activity: 203
Merit: 11
ENTRY cryptocurrency
May 11, 2018, 03:23:43 PM
#29
Quite recently, many really influential people in the computer industry have said that this Internet will not be popular and the world will not accept it. Now we all understand how badly they were wrong.
Right now, many influential traders and economists say that the cryptocurrency is a bubble. But since the creation of bitcoin, it has been 10 years already, and technology is developing in large steps ...
full member
Activity: 644
Merit: 100
May 11, 2018, 02:45:56 PM
#28
I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?

you might see a real bubble in jan 5.
it was a real buble.these are bubblebubs.

almost all coins lose 90% from january to april.
member
Activity: 252
Merit: 22
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May 11, 2018, 02:30:10 PM
#27
I have never thought that crypto is bubble and I don't think you should think it's a bubble as well  Wink. If anyone tell you that cryptocurrency is a bubble, you shouldn't believe them Smiley. I think you should check back to know about CEO of JPMorgan Chase Smiley)). He also said that Bitcoin is just a bubble then a lot of panic sellers appear then he collected a lot of BTC with really low price. LOL
newbie
Activity: 44
Merit: 0
May 11, 2018, 02:24:28 PM
#26
I also believe that this is only a minor correction. After previous growth it was needed.
full member
Activity: 770
Merit: 101
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May 11, 2018, 02:13:04 PM
#25
Topics will not cease to appear with exclamations about any significant moves in the market  Grin. As stated above, this is just a local correction. Fluctuations are the normal behavior of market assets.
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