Topic: Is this the start of the bubble popping? It looks like it popped already!! (Read 3090 times)

Bitcoin down to $2,000 dragging all altcoins after and probably reaching $1,500 before August 1.... and you guys say it still hasn't popped?

This bubble might keep getting larger. The holders that were in Bitcoin for years will eventually spend their Bitcoins if something new comes on the Currency game. If the Government makes a Currency that is just like Bitcoin then people would want to get in that early before the price of that goes up.

Bitcoin could be the only coin that might receive the pumps in the near future, who knows. It is unpredictable, we’ll have to see.

I don't think so.
I think it is a major correction what was needed.
Many people are coming in cryptocurrency market every day.
In my opinion we are still in bubble.

I guess we are in the bear market now. When will this stop? 2 years later?
Bubble popped so hard that everybody that come here after June cries. Sucks to buy at top for whatever coin.

I'm with you. The main reason should be only 1 august bitcoin split action. Nothing else. There is no reason for the market to get smaller. It should be keep expanding more and more. Trust me after all, we'll go up very easily. After 1 august for sure.

A starting point will be the may 27th dip to $60B total market cap.  We are going at least that low in my opinion, and probably lower over the next couple of months until BTC hits $1200-1300 support.

so in your opinion where is this heading towards?
 

I think the worst of it's over. Perhaps we will see another "correction" in a week or two but I doubt it will be as significant as the last 48 hours.

Yes, I'm also a trader and I saw that almost all altcoin are going down even their volume marketcap is stable. Maybe the reason of being dump is because of bitcoin new in coming august 1, hoping that altcoins will pumpp again.

@Dailyroberts
The problem is I post common sense and I am the voice of reason around here.
And I always stand in the way of scammers pushing their crap for ROI''s.
Nothing I ever post can be refuted.
No one ever tries.. They just insult me usually knowing I am right.

Why?
They all don't want to hear the truth.
The want to eat cake and ice cream for dinner and pat each other on the back with profiteer rabble.
No one "investing" in Ethereum is going to say hey.. It's gonna crash and be down for ages.
Fuck no.. They are predatory deceitful frauds.

You reap what you sow guys.

And no you are not investors.
No you are not investing in companies.
No your ICO schemes are not legit or even currencies.
No you are not smart.

You all turned something legit into something scammy.. Crypto.

I get to laugh and watch as groups waddle in here yapping their little dick holsters off knowing most won't be here much longer.. Most will take a loss and leave crypto.
That is the cycle I keep watching play out.. Doge coin ring a bell?

They all waffle around toiling as I laugh waiting for them to go silent..
And they will.

People hate me here.. Know why?
Because I point out how most people mathematically can't be crypto winners.

They hate me because I point out how profit comes from the financial loss of many others.
Where the fuck do you all think money comes from?
Some magical crypto tree?  

If I walk away with a grand in profit mathematically that means I took profit from a bunch of other guys in smaller amounts.
It's how it works guys.
You can't argue with it even if you want to..

The bubble has popped and yeah it will swing up and down but time is money and most are impatient..
So they will dump for a loss scared.
And high times are a small fraction of the time we end up in a routine with slumping prices.

So tell me investards.. When will all those sports cards that came out in the 90's be worth something?
Try never.. Sound familiar?
EVER HEARD OF ALT COINS.

REALITY = I am smarter and have more class & integrity than all of you here trading ICO scam coins combined.

You.. Douche bags couldn't make hot in a fire.

PS:
I told you mouthy shit bird "investors" to buy Litecoin at sub $3 over and over..
You argued and now I am in fact laughing at your stupid ass's
Go check what it's worth right now chucklefucks  

agree. the downward momentum is very strong now. However there still doesn't seem to be enough "pain" among "investors". Hence I think it will go down a lot more before we reach the bottom.

It believe it already burst 2 weeks ago. The recovery was probably a fluke

Some people find your comments stupid Spoetnik, but I diasgree with them. Here your post is really constructive to address the problem with the current market.

Lots of people are crying every day and the reason why is that they enter the market without having any knowledge of crypto currency and market.

Bubble is bursting every two to three weeks. Maybe there is no bubble?

constant decline you mean?

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lol in few days? i don't think so, last time there was a dump like that was before the skyrocketing of bitcoin, and lasted 3 months at least, was in winter 2016 everything was red, and suddely turned green after bitcoin increased, will happen again and again i know it

Guys keep dreaming if you want but this crash has already started and it's gonna get larger until we will return to the prices we had several months ago... fasten your seat belt

This dump is common for all trading platform even equity and commodity bearish and bullish market trend happens . Why people going panic when its goin bearish trend and keep quite when its bullish. I would suggest its time to invest on good potential coins.

yeah.it's good for the market's healthy ,but it hurt my money!

bubble create and break is the nature of finance.
some guys sell and some guys buy
maybe it's a small callback