Super-bubble exploded, lets grow now - page 4.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: South Park on August 23, 2018, 03:40:43 PM

Quote from: Xenrise on August 23, 2018, 11:21:39 AM

If only this would be easy. Bitcoin just grow it up to 20k again. But this will not be easy. Because of many fuds and the rejection of ETF. This is all those whales's fault for the fall. They want bitcoin to fall in order to buy more.

The rejection of the ETF has not generated the bad results that many people expected, but I think you are mistaken, people love to blame the whales for their problems and while they have a big influence in this market, all of those that sold their coins for a bad price should have never sold in the first place, what they were expecting by doing that? If you sell when the price is this low then you lose money, it seems they got in this market thinking they will make some easy profits only to discover that was not going to be the case.

People just want to have something or someone to blame for any development that affected the market and these are all speculations and nobody can be sure what can be the very reasons behind this movement. Maybe it can be that the market just got tired and there are many who sold their hoard of tokens or coins resulting into the glut in the market. Sadly this can mean that the world of cryptocurrency still lack the very important intrinsic value unlike other more stable investment tools available also in the market. I am seeing that soon there will be a a big disruption to this industry which is supposedly the one bringing in the disruptions.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Lareina on August 25, 2018, 04:15:43 AM

For some daring people, they can now try. But I will not continue to buy, because the market adjustment is far from over.

Observing the flow and seems that it's not yet over though the value of eth is trying to cope up, but for investment I guess we can wait for some time if pairing it with other alts make sure to buy coins that have real purpose so after bouncing back the alts won't left behind and it will go and rise with market jumped up.

Vandemos

member

Activity: 280

Merit: 10

Quote from: Moiyah on August 25, 2018, 04:21:30 AM

Quote from: StGermain on August 14, 2018, 07:22:37 AM

During the last months, particularly during the last weeks, Ethereum has dropped spectacularly, and all the tokens that are paired with it have gone -80% or more. Can we say that the dirt has been cleaned and we can now invest at the right price?

Yes, you can say that. Particularly, when those tokens are an erc-20 which is an eth based. They have been dropped drastically like eth does. But you see, after that red market the corrections are happening following bitcoin's steps.

ETH is still working on it and volatile coins are still in the market. You should follow the last month trend and then decide what are in it. I would recommend to watch for a few days as I am doing so.

Moiyah

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Activity: 630

Merit: 20

Quote from: StGermain on August 14, 2018, 07:22:37 AM

During the last months, particularly during the last weeks, Ethereum has dropped spectacularly, and all the tokens that are paired with it have gone -80% or more. Can we say that the dirt has been cleaned and we can now invest at the right price?

Yes, you can say that. Particularly, when those tokens are an erc-20 which is an eth based. They have been dropped drastically like eth does. But you see, after that red market the corrections are happening following bitcoin's steps.

lotao

newbie

Activity: 81

Merit: 0

The bubble explosion is inevitable and comes very quickly, which is a pleasure, which helps the growth of cryptocurrency. But I don't recommend investing now. I think that it may still fall.

Lareina

full member

Activity: 430

Merit: 100

For some daring people, they can now try. But I will not continue to buy, because the market adjustment is far from over.

DavidY

newbie

Activity: 38

Merit: 0

If the bubble explodes, I think it is good for the encryption market and investors. Now the cryptocurrency price is close to the bottom, and maybe it may continue to fall, but I think it is also the best time to invest in cryptocurrency.

Xianrenbanban

newbie

Activity: 96

Merit: 0

My suggestion is not to invest in Ethereum, you can invest in other coins, and Ethereum has been abused by people to cause slow transactions. Ethereum lost the value of its investment.

anggriani

sr. member

Activity: 630

Merit: 251

I don't think so and there are many other shitcoin that are still available on the ethereum platform and other platforms. There is no high growth in the near future, only a few small pumps are visible and happening.

mabell943

sr. member

Activity: 590

Merit: 258

The alternative coins are great investment it will provide a huge income just like bitcoin when its market value raises up and many people will be rich and earned alot from this thing.

crenfrosck

member

Activity: 470

Merit: 12

Hype is over (for a while) and this is the time of "deals of the lifetime" as the depression is the best time to educate ourselves without the influence of FOMO, thus, making the right decision might be easier for people dedicating time to that. Now we can see who is able to bring results on the table even in the time of darkness. Nothing can last forever, and as we can see, the growing of the stock market is becoming unhealthy and with its fall many investors might change their point of view towards cryptocurrencies. From bubble to bubble- it is just a matter of time if you ask me, and we will see new heights that will absolutely destroy any borders that were set by the last growth

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Rexxxem

full member

Activity: 368

Merit: 100

Yeah, I think that we're close to the bottom and it can go down. But those high caps always have a lot of room o fall even more down compared to microcaps

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Xenrise on August 23, 2018, 11:21:39 AM

If only this would be easy. Bitcoin just grow it up to 20k again. But this will not be easy. Because of many fuds and the rejection of ETF. This is all those whales's fault for the fall. They want bitcoin to fall in order to buy more.

The rejection of the ETF has not generated the bad results that many people expected, but I think you are mistaken, people love to blame the whales for their problems and while they have a big influence in this market, all of those that sold their coins for a bad price should have never sold in the first place, what they were expecting by doing that? If you sell when the price is this low then you lose money, it seems they got in this market thinking they will make some easy profits only to discover that was not going to be the case.

Q2kc

member

Activity: 560

Merit: 15

$100k per 1 BTC in Year 2020

Based on my research this is because of the massive selling of Ethereum from different kinds of ICO, Imagine 90% of ICO is under ERC20, Ethereum blockchain and after the ICO they raised so much money from ETH and what will happen to that ETH? they will sell it to get $$, and after that, some ICO project will exit scam and maybe failed, sad but its true.

Xenrise

sr. member

Activity: 672

Merit: 251

If only this would be easy. Bitcoin just grow it up to 20k again. But this will not be easy. Because of many fuds and the rejection of ETF. This is all those whales's fault for the fall. They want bitcoin to fall in order to buy more.

rickadone

legendary

Activity: 1176

Merit: 1024

There wasn't a "bubble" to be precise.
Bubble usually means something worth insanely high like if bitcoin was worth over a million dollars per bitcoin and than going down to couple bucks like a coffee money per bitcoin type of prices. From $20k to $6k is not a "super bubble" it is not even a bubble.

Nevertheless, I do believe that it is time to grow now because the price went as dip as it looks like going and from now there is no downwards move from here, no downwards left means the only way is up for bitcoin and the higher bitcoin gets the more money will flow towards the altcoins as well which means our investments will comeback to real prices.

joeyarg

member

Activity: 152

Merit: 10

Quote from: StGermain on August 14, 2018, 07:22:37 AM

During the last months, particularly during the last weeks, Ethereum has dropped spectacularly, and all the tokens that are paired with it have gone -80% or more. Can we say that the dirt has been cleaned and we can now invest at the right price?

The more I think about it, the more I agree. Strange dynamics and strange market correction. I hope the dirt has been cleared now.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Ravenangel on August 19, 2018, 05:26:18 PM

Yyep, I think this is an excellent time to invest, now that ETH is low, we all knew that no matter how useful and promising ETH was, current prices were a little out of place, especially with the problems they have had lately, the developers have to overcome their complications first, so we can see some kind of progress, this bear market has allowed me to buy all the currencies I wanted to buy at a lower price than I expected and for that I am grateful.

You made the correct move but for many that is a very difficult move to make, when things go in the wrong direction people get afraid, ETH is having some problems but it is going to recover but no one wants to take the risk and then when they are finally ready to do it they find out they waited for too long and then they lose money again when another crash happens.

BluRPie

hero member

Activity: 896

Merit: 504

Quote from: StGermain on August 14, 2018, 07:22:37 AM

During the last months, particularly during the last weeks, Ethereum has dropped spectacularly, and all the tokens that are paired with it have gone -80% or more. Can we say that the dirt has been cleaned and we can now invest at the right price?

NO, you will never know when is the best price. I think that price good for long term investments only. In short term price can be 100$. At least I don't see why not?

vrabac68

member

Activity: 364

Merit: 10

Cryptocurrency was previously a game for the reckless. The gains were potentially huge, but so were the losses. And there really wasn’t a guarantee that those gains wouldn’t be taxed to oblivion or – even worse – somehow declared illegal or invalid under U.S. law. However, with increased clarity on the U.S.’ regulatory stance, the waters have cleared and institutional investors are already dipping in their toes. This kind of massive liquidity injection could produce a tidy feedback loop. More big money in the game reduces crypto’s trademark volatility, attracting even more institutional money, which reduces volatility, and so on and so forth.

Topic: Super-bubble exploded, lets grow now - page 4. (Read 2013 times)