Is it a bubble or just new money?? - page 3.

easypeasy

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Quote from: onyebuchi81 on January 07, 2018, 05:57:43 PM

It's new money entering the cryptospace. Bitcoin hitting 18000 dollars was all the awareness and publicity needed. One trillion market will be the next revolution. Nobody can stop it now. China tried they failed. A host of other countries tried. No luck there. So it's all about joining the train now or get left behind

yeah i like ure sentiment, hope it rings true bud

onyebuchi81

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Activity: 308

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It's new money entering the cryptospace. Bitcoin hitting 18000 dollars was all the awareness and publicity needed. One trillion market will be the next revolution. Nobody can stop it now. China tried they failed. A host of other countries tried. No luck there. So it's all about joining the train now or get left behind

kingvirtus09

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Activity: 938

Merit: 108

OrangeFren.com

No, its not a bubble there's a season for bull run and it happens already which i believe it will last until Q2 this year and will drop to a bearish.. just hold more and make more bitcoin goodluck.

easypeasy

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Quote from: TTTime on January 07, 2018, 05:37:25 PM

It goes in cycles. There should be a big drop. But at the same time is the world adapting quite fast to crypto so it's difficult to see how long the bull race lasts.

That there statement sums up my feelings totally, i KNOW there should be a plummet in the market, BUT will there cos of the new income stream?

TTTime

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It goes in cycles. There should be a big drop. But at the same time is the world adapting quite fast to crypto so it's difficult to see how long the bull race lasts.

easypeasy

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thanks to all for the replies it makes for an interesting read

IMO. the upswing in price is caused by the new money chasing after whatever they can, which in turn leads to the market exploding, which means its either a bubble forming or the start of a new age in currency (hope its the latter ha)

cheers all

parobber

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Activity: 172

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Quote from: easypeasy on January 07, 2018, 03:35:13 PM

So folks, I entered the crypto-sphere 1 yr ago last Jan not long before a 3 month bull run on the markets not unsimilar to this one before it all crashed and burned a few months later which im wondering whether this run is following the same path?

Any more experienced folks have any input on the matter?

Thanks

Almost all bull runs are followed by a correction or even a bear market, what we experienced in early 2017 was not anything close to what it will be like if a bubble bursts. There will surely be a correction in the alt market but you'll still be in a good position even if you don't manage to sell near to the top.

bosses

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The All-in-One Cryptocurrency Exchange

Quote from: easypeasy on January 07, 2018, 03:35:13 PM

So folks, I entered the crypto-sphere 1 yr ago last Jan not long before a 3 month bull run on the markets not unsimilar to this one before it all crashed and burned a few months later which im wondering whether this run is following the same path?

Any more experienced folks have any input on the matter?

Thanks

I think that now is a good chance to make money on altcoins, I think it's actual for several weeks, and then surely bitcoin will grow

anthi

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Activity: 149

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the bubble will burst like it already did several times

the market will recover and come back even stronger

at some point theres always a support level and the new run begins

RudeeTam

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Activity: 299

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Golden age probably. Things are just beginning to ramp up with new projects popping up everywhere leading us to new technologies and innovative ways of using the blockchain technology. But we'll just have to be careful as there are others who try to use the same as ways to scam people.

disam

sr. member

Activity: 394

Merit: 250

several altcoins are in a bubble, but for me is just new money coming in. Looking al all this shitcoins beenig pumped , it gotta be new money coming in, looking for x5, x10, x100 returns. And so does the bubble start

kingasterisk

newbie

Activity: 49

Merit: 0

My only fear for the coming years is on how governments are going to approach this subject, only very recently have they started to take the crypto world seriously. I don't see anything stopping them from creating a fiat equivalent currency supported by the block-chain and declaring every single other currency illegal for trading on said country(coins used in supporting internal systems could still be used, just not traded). Please somebody tell me if there's any kind of system in place to prevent this, i'm completely unaware if it exists

Washball

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Activity: 266

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First crypto index traded as a token!

It's probably a bubble, but it's not going to burst yet. Big name investors are pumping millions in Bitcoin. The price was slowing down in December, but is now going up in a steady pace. Investors will not put their money in a bubble that will burst soon. It will burst when they've cashed out. The mainstream will be the losers.

cynical

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neither
we are not in a bubble, crypto is only getting started.
blockchain technology is only getting started and there are things which have yest to be played out,
meaning everything that currently crypto is not, regulation and traceability.
its not new money either because we still need fiat to use everyday and most people are treating crypto as a get rich quick scheme.

annbagira

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Activity: 518

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Hello author! I think that it is mix of belief, bubble and real currency! So every person can decide for itself what they think about this! Many people are believers another are atheists or agnostics! I think in cryptocurrency world we can find 3 main general groups
1. Strict believers in crypto
2. Those who thing that it is a bubble and soon it crush
3. No matter what here going on but they watch up and little bit neutral
etc

BeEvil

full member

Activity: 406

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Yes, is the beginning of the "golden age" for crypto, but it is also a bubble, just like the universe is bubble that expands, and then it will probably burst. But entering the crypto and seeing how it expands, I remain among those who will be inside the bubble.

Maestro75

sr. member

Activity: 1960

Merit: 329

The crypto industry has long passed this phase of whether it is a bubble or not. Every close watcher of this industry knows that cryptocurrency has come to stay and it is subject to the dynamics of supply and demand. Therefore, price fluctuations, either uptrend or downtrend, are highly welcomed.

easypeasy

full member

Activity: 213

Merit: 100

So folks, I entered the crypto-sphere 1 yr ago last Jan not long before a 3 month bull run on the markets not unsimilar to this one before it all crashed and burned a few months later which im wondering whether this run is following the same path?

Any more experienced folks have any input on the matter?

Thanks

Topic: Is it a bubble or just new money?? - page 3. (Read 547 times)