It isn't a bubble - page 2. | Bitcointalksearch.org

dissident

sr. member

Activity: 280

Merit: 250

Of course there's a bubble. I've analyzed and reanalyzed the charts of bitcoin and the total market cap and have come to the conclusion that the bubble has not burst yet... we have higher highs and higher lows... now that's not to say the bubble couldn't burst in the next few days, but it hasn't burst "yet" .. during the 2013 bubble the exact day the bubble burst was December 5th, when bitcoin failed to break the previous high to maintain the uptrend and instead broke the long term trendline. You had a couple of precious days there to dump at a decent price. Right now we haven't done that yet.. the longer term trendline remains in place.

Until then, I'm taking no action, since I was at work today and missed the opportunity to snipe some cheaper coin around $2200. I'll hold the alts I have while maintaining a cash position on GDAX and wait and see. Since I have off all weekend, I might dump $50K into bitcoin and see if I can ride it up, depending on the short term technicals. I'd imagine cryptos are a day trader's wet dream. Nowhere in the stock market do you see these kind of percentage swings. I never had enough money to bother swing trading until now. Might as well gain some experience.

anryze

full member

Activity: 168

Merit: 100

ANRYZE TOKENSALE

You're right. Blockchain will be used in lots of fields of our life.
Probably, you know such company Bitfury - they develop blockchain solutions for government, last contract they signed was a project connected with state auctions in Ukraine and they have much more projects, so in next few years we will a lot of technologies around.

https://ico.anryze.com

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

I hope you are right. Even in Ukraine there have been some projects sponsored by Microsoft related to implementation of blockchain technology into different business ideas. If coins really get used and become a part of some real things people need and like, the prices won't fall but can even grow more. Nevertheless, I think now they are quite fake and are so hich due to newcomers which get interested and just buy and hold the currencies.

Boxxl

hero member

Activity: 800

Merit: 502

Quote from: elite3000 on June 14, 2017, 01:13:07 PM

how could the blockchain be used for gaming and VR and for medical technology Huh

Sorry I mean science:
Like the supercomputer Golem: https://golem.network

If you need superpower you can use the blockchain for VR:
http://www.coindesk.com/blockchain-powered-vr-world-enters-new-testing-phase/

inimitable777

newbie

Activity: 63

Merit: 0

People get smarter, nowadays is not enough to make coin with fancy name and expect it will get sucess. Cheating people today is more harder than in 2014

chalkboard17

sr. member

Activity: 484

Merit: 251

there are still many people abusing this system and trying to pump a coin in order to make money. Therefore, a bubble can appear in any coin except some top 10 coins. Therefore, always prepare for the worst situation

elite3000

legendary

Activity: 1073

Merit: 1000

how could the blockchain be used for gaming and VR and for medical technology Huh

benthach

legendary

Activity: 1764

Merit: 1000

yes, it will be BIG!

oddwh

hero member

Activity: 854

Merit: 1002

I agree too. I remember in 2014 when an innovation was sometimes only a coin with faster blocks Grin

Sometimes, the only innovation seen was the name of the coin, representing something but there was nothing behind.

Gotottack

hero member

Activity: 882

Merit: 506

I like how zcash works. This blockchain technology is worthwhile for healthcare and medical field type of business to implement. In zcash, people will be able to write their transactions in their block chain, but there is this feature were the sender and the receiver are anonymous but people can see the transaction on the blockchain. This means it has been written on the blockchain, just that it is unknown to the public who owns such transaction. What's nice too is that this information can be revealed to a selected few. That few can be picked by the sender or receiver.

webtricks

legendary

Activity: 1918

Merit: 1759

Yep, I agree. We are in phase of ground adoption already and with time being we gonna see more places accepting cryptocurrencies. So it is wrong to say cryptocurrencies prices simply bubble as they aren't anymore.
One place I think having huge scope of cryptocurrency development is gaming as you mentioned. There are several sites offering games of different ranges, if they all gonna accept cryptos as their internal currencies then demand gonna shoot many times. Imagine Miniclip providing you cue in 8 Ball Pool for Ethereum Cheesy

kioicoin

full member

Activity: 178

Merit: 100

yeah,more and more application will be release by Blockchain
it's more technology develop coin release!

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: Ayers on June 14, 2017, 10:31:41 AM

yeah i'm with you on this one, shitcoin of 2017 are far better than the purely pump and dump of 2014, they evolved now, they offer some nice features, that can be good in the later era of adoption of altcoin, i think soem of these coins will never die, and will remain active with bitcoin, perhaps used to buy stuff when regulated correctly

I think the shitcoins of 2014 has slowly died. But there are also shitcoins popping here in there in 2017. Some just stood the test of time and stay along with bitcoin. However, I think you are right, they will just evolved with new names, so I guess we still need to validate them before putting our investments in them.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

yeah i'm with you on this one, shitcoin of 2017 are far better than the purely pump and dump of 2014, they evolved now, they offer some nice features, that can be good in the later era of adoption of altcoin, i think soem of these coins will never die, and will remain active with bitcoin, perhaps used to buy stuff when regulated correctly

foxberg

newbie

Activity: 8

Merit: 0

ofc it will be big. Question is what will stick around and be successful. It's the wild west out here!

Boxxl

hero member

Activity: 800

Merit: 502

Hi,

I'm glad the shitcoins from 2014 are almost gone.. Grin

All these new coins have some interesting projects.

I think the whole world will use the blockchain for:
- Tax Fraud Activity
- medical technology
- computer learning / AI
- gaming / vr
- bank transactions
- a lot more...

We aren't there yet, but I think it will be BIG.
What future coins do you follow?

Topic: It isn't a bubble - page 2. (Read 2130 times)