Topic: Is the Cryptocurrency party going to end this new year? - page 2. (Read 227 times)
Do you see how big the growth is today in the market of altcoins? Everyone begins to predict a fall at the end of the year. But half hopes that growth will continue for another month. I do not know which of these two hypotheses is true. I'm sitting, I think.
I imagine it will plateau at a certain point and hopefully stay there with very small gains. Its only use at the moment is as a store of value. Hopefully the lightening network improves this.
I don't believe so the overall sentiment is quite bullish on Bitcoin in 2018. It may correct and even lose 30-50% of its value from today but I don't think a crash further than that will happen.
30 to 50% correction is a crash and if that happened people would stampede to the exits only to find all the exchanges are down and they can't sell their coins for cash. None of the exchanges can handle a sudden downturn and people will be left holding their coins
Will bitcoin crash in 2018?
Bitcoin is not all of cryptocurrencies. But anyway to answer your question. I think bitcoin may crash but when it does I expect more of a Sharp fall of 30-50% followed by a bear market for a while. I don't suspect some catastrophic collapse.
I do not think Bitcoin is a bubble that will burst in 2018. At least today the futures trader opened their shop for bitcoin.This means that more people will be involved with bitcoin. The future of Bitcoin is bright.
I don't believe so the overall sentiment is quite bullish on Bitcoin in 2018. It may correct and even lose 30-50% of its value from today but I don't think a crash further than that will happen.
Will bitcoin crash in 2018?
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