Is the market going for a crash? - page 3.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

The entire crypto market is a giant bubble.
It may take months or years but the whole thing will crash like a house of cards.
There will be twenty or fifty useful coins/companies that make it. The rest will disappear.

The trick is to figure out which coins will be around after the rest die out. Wink

vsyc

sr. member

Activity: 1037

Merit: 253

For a 3 months I observer weekly topics about market crash/dump and etc. and army of Oracles that know what others do or do not with their investments. Also, they even know what whales do! Grin

Nothing changed since times when humans were hiding in caves and praying for rain!

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: clardalan on June 22, 2017, 01:12:16 PM

Do you guys see the big drop in volumes and bid books? There is no action anywhere. everyone is waiting.
One big seller can create big domino sell-off.

What are your thoughts?

What I noticed is that Exchanges volumes become quiet similar in past was always one or two exchanges far ahead taking all volume. Now we have Poloniex in leas with $270m daily volume and 9th by volume is BTC38 with only 3 times less.

Red-Apple

hero member

Activity: 1470

Merit: 655

the market has already ran out of steam. the money has been exiting for a while, that is why you see the drop in the overall volume and also the fact that there is no longer any action going on.
of course there will always be some leftovers, people holding bags and the small pump groups will always be pumping something! they won't stand still.

Quote from: clardalan on June 24, 2017, 08:49:09 AM

somehow, the crash is not coming fast.
last 20 mins we have some movement.
not sure if this is going strong down. what do you think?

there has been a couple of sharp drops in a couple of overly pumped altcoins but like always the big ones are slower at reacting to a dump.

clardalan

member

Activity: 126

Merit: 10

Bitcoin amateur learning by doing

somehow, the crash is not coming fast.
last 20 mins we have some movement.
not sure if this is going strong down. what do you think?

PopuliCapital

newbie

Activity: 10

Merit: 0

Quote from: clardalan on June 22, 2017, 01:12:16 PM

Do you guys see the big drop in volumes and bid books? There is no action anywhere. everyone is waiting.
One big seller can create big domino sell-off.

What are your thoughts?

I researched yesterday that ETH/USD is closely resembling the bubble chart by Jean-Paul Rodrigue (Hofstra University) which might indicate an ETH crash is underway?
http://populicapital.com/website-launch-and-ethereum-correction/

If so, that could domino onto some other coins based on the Ethereum blockchain.

Images21

sr. member

Activity: 567

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

We'd been in this situation many many times already. The weak hands will sold at a loss while the experienced traders and whales will catch the btfd. Trade without emotions guys.

Flyhigh710

newbie

Activity: 52

Merit: 0

Quote from: clardalan on June 22, 2017, 02:03:12 PM

so, you tell me. Are we in a bubble? or is the price gonna double tomorrow?

I do not know.

Nobody can tell you that

But I can tell you if the price doubles tomorrow it will halve after tomorrow (or better said a correction will come). In my opinion btc/crypto is not in a bubble but in a boom so if you think longterm and you don't invest in a shitcoin (so do fundamental analysis) you can only win...

findingthemoon

full member

Activity: 252

Merit: 123

I think the market has just been slow since the ethereum network issues during status ICO. A crash is possible but I think its unlikely, people are just waiting for the dust to settle before resuming their normal trading patterns.

Alttrader203

newbie

Activity: 70

Merit: 0

Well,eth can be dumped. Still fcuked up with the wallets and transfers.

Btc, maybe short term. But i stay blieber

Flyhigh710

newbie

Activity: 52

Merit: 0

Quote from: garfunkel11 on June 22, 2017, 01:59:11 PM

What news about Ardor ?

Mainnet release (sidechains, no scalability problems) in the third quarter...

clardalan

member

Activity: 126

Merit: 10

Bitcoin amateur learning by doing

I expect a dump in a few hours, then i will buy in.

for long term, i agree. see my comment from another post a few minutes ago:

I agree with some bubble arguments.
However, to see where this is coming from, just check the biggest social investment platform. (https://www.etoro.com/markets/btc/)

See the 1.4m people!! on BTC (half investing)
and ~ 250k people!! on Ethereum (80% investing)

those are the people creating the bubble.

Meaning: Crypto is going mainstream and that attracts more people.
Even if 1 hedge fund or investment fund decides to put 0.5% of their holdings in BTC, the price would more than double in 1 day.

so, you tell me. Are we in a bubble? or is the price gonna double tomorrow?

I do not know.

garfunkel11

newbie

Activity: 19

Merit: 0

What news about Ardor ?

Flyhigh710

newbie

Activity: 52

Merit: 0

I don't think so, volume is going back to BTC right now and there is also a beautiful inverted head-shoulder-formation (good sign) in the month chart. There are also serveral altcoins with big news/releases the next few days and weeks (GAME, WAVES, ARDR and many moore) so I'm bullish for the next weeks until the summerdrought will come. Indeed there is also risk for a bitcoin fork in august if the community/miners/developers cannot compose their dispute about segwit but i don't think that this happens...

clardalan

member

Activity: 126

Merit: 10

Bitcoin amateur learning by doing

Do you guys see the big drop in volumes and bid books? There is no action anywhere. everyone is waiting.
One big seller can create big domino sell-off.

What are your thoughts?

Topic: Is the market going for a crash? - page 3. (Read 4006 times)