Is crypto bubble bursting finally? - page 6.

supahlovah

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Quote from: Benladeng on September 04, 2018, 04:40:19 AM

I don't think the current market can be described as "crash." The current market is more suitable to use "adjustment" to describe, because those coins that have no value will die in this continuous decline! !

The main question is whether the world central banks are recognizing the crypto-currency. While they take a cautious stance, but who knows what will happen tomorrow.

EastSound

sr. member

Activity: 1377

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Quote from: Cnut237 on May 11, 2018, 05:29:34 AM

No, it's not bursting. The rise in December/January was too rapid and not sustainable, which caused the pullback afterwards. The market bottomed out in the mid $200 billions, and we have been on a steady uptrend since then. Today has seen price drops, but this is part of the wider upwards movement over the last month or so. No reason to panic.

I agree with you, this is also a good chance for us to invest in good altcoins that will go sky high in the near future, i am hopeful that this correction would end next year though.

sithuleee

newbie

Activity: 110

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I personally don't think that the crypto is a bubble. People saying that crypto is a bubble when they see this kind of price declines. But these are normal in a market where we can see lots of price movements and manipulations. I'm pretty much sure that after making enough profits, whales will start pushing this market to the up side again.

arsenti

jr. member

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I think the market was in a bubble and took a few months to get back to normal, now I don't think we are still in a bubble. 200 billion market cap is little compared to other markets

asuendrof

jr. member

Activity: 34

Merit: 1

The crypto market remained steadily green, and suddenly it turns red again. While I don't understand the reason for the current development, I believe that granting an ETP CRYPTOCURRENCY license to the Winklevoss brothers, buying Microsoft shares on some exchanges, and a Declaration of intent for Goldman Sachs to join crypto exchanges are all signs that the crypto code has come a long way.

leavolnhals

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Quote from: wolfgang-95 on May 11, 2018, 05:15:27 AM

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?

$ 800 billion is too large for such a small market. I feel its value is $ 6 trillion more than the internet. So I think it's a common situation and we should not be afraid of that.

Abeleez

newbie

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Quote from: wolfgang-95 on May 11, 2018, 05:15:27 AM

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 true that the market is in a terrible shape with Ethereum going below 200 for the first time in a long stretch of time. Bitcoin rose to 7000 and is suddenly on the verge of going below 6000 but that is not enough to draw such conclusions because the future of the crypto market remains bright as ever. One thing is sure and that's the recovery of the market which is on the horizon.

cryptokingmaker

newbie

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Quote from: Benladeng on September 04, 2018, 04:40:19 AM

I don't think the current market can be described as "crash." The current market is more suitable to use "adjustment" to describe, because those coins that have no value will die in this continuous decline! !

Once the market price is kept decreasing then the real panic will start but one thing i want to clear when the prices are decreasing it is the right time to buy good potential coins in order to make some decent money.

Sadyshagg

member

Activity: 308

Merit: 10

It simply breaking the trust of common people and those investors with not big amount will simply go away Sad

Peple

member

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I think the whole market will fall to very low prices, and then a new era will come, again growth and hype

irenegaming

full member

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Kuvacash.com

I think the explosion was in January, these are just the waves that left, plus attempts to manipulate the market, I think that if we as investors are smart we can maintain the price that we have and relatively stabilize the currency, that would help greatly to mass adoption.

privedvelosiped

full member

Activity: 434

Merit: 108

Quote from: wolfgang-95 on May 11, 2018, 05:15:27 AM

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're saying the bubble burst? It is strange that you believe in this news on TV or on the Internet. It's just a marketing ploy to get people's attention. In fact, there is no bubble, there is only speculation around bitcoin and other altcoins.

TheWolfCrypto

jr. member

Activity: 135

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It is impossible to tell unambiguously, whether the bubble bursts. On the one hand-the cryptocurrency market is now quite stable, most prefer to make money on short transactions. On the other — there is a sufficiently large outflow of capital, which should reduce the value of coins.

CRYPTOGANGSTERs

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I do not consider the cryptocurrency market to be a "soap bubble", because cryptocurrencies have a bright future. And this fact pleases me, because cryptocurrencies will significantly affect the world economy.

icemantaurus

member

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Merit: 11

I don't think so. As what i have observed there's a great potential at this market, so maybe we should give thanks to which the financial system of the whole world, it could be significantly changed and improved. Try to look at the crypto deeply.

asuendrof

jr. member

Activity: 34

Merit: 1

The time for panic has not yet come, as the professionals say" it's too early to dry the oars", the question is how to choose the coins to save what you have, there are no hints of folding cryptocurrencies.

ravijadon12jan

newbie

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Quote from: wolfgang-95 on May 11, 2018, 05:15:27 AM

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?

If you're still in crypto space, you can see that current condition is even more worse than may month when you have posted this article. It all depends on your guts to believe and invest accordingly. If you think it's bubble, then sell your positions and stay away from crypto for good. But if you think it's not, then average out your positions on this dip.

asuendrof

jr. member

Activity: 34

Merit: 1

I think there is no bubble to burst. Each coin has volatile prices and, in my opinion, this volatility does not mean that all of these currencies are not reliable. Of course, there are many fraudulent coins that they do not inspire confidence, but do not forget that volatility is the nature of all cryptocurrencies, such is the nature of this market.

bootlace

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Justice as a Service Infrastructure

Quote from: GalaxyWorld on August 24, 2018, 04:32:42 AM

I assert that the cryptographic market is not a bubble, they are the most sustainable market, every market has a decline and they will recover in the future.

The investment market is always unpredictable. But to talk about some kind of collapse now and in advance it is not necessary to panic. How many times already the market has fallen and then returned its positions.

fantasticX5

newbie

Activity: 126

Merit: 0

Quote from: wolfgang-95 on May 11, 2018, 05:15:27 AM

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?

I think this is not a bubble as this is a volatile investment with the supply and demand concept. Once the market recovers then we can expect a huge money flowing this technology.

Topic: Is crypto bubble bursting finally? - page 6. (Read 3868 times)