Topic: the 2018 crypto crash is now like the 1990s dot com crash - page 2. (Read 1134 times)
There are many similarities between this two crash but the result will not be same. However I think that crypto is our future currency and no one can avoid it.
Where there is light there will be darkness. I don't think the bear market needs 4 years. I think it is a bull market before 2020. If the bear is 4 years. Then the cryptocurrency is over.
When you talk about the crypto market specifically, then you can never expect that the crypto market will keep on rising higher all the time and that there will be no such time when the market value of any of the crypto coin will fall. Looking at the nature of the crypto coins, we will keep on experiencing such sort of situations in the future too and that you to stay patient under such situations.
You can not compare these two especially because of two things . First marketcap at 90s crash was around 20 Trillions and now not even 1 , and second at that time mostly only Us institutional investors were in .Now whole world participate in crypto and we have so much space for growth till big crash happens.This crash in january was nothing
puff,puff, pass😉
You are entitled to you opinion. One thing you should know is that Blockchain philosophy is not dot com philosophy and the product are not same. Blockchain is the in thing now and real hot.
Impossible, the law of the world, how could you possibly know. Are you a prophet? impossible. The life cycle of cryptocurrency is very fragile. It can't be so many years.
Where there is light there will be darkness. I don't think the bear market needs 4 years. I think it is a bull market before 2020. If the bear is 4 years. Then the cryptocurrency is over.
Now it is very difficult to predict and anticipate how the market will behave. All this is decided not by us, but by those who play on a large scale. The very fact of the introduction of blockchain technology on the contrary says that the market will only develop, but this may not apply to coins, for example. I think that bitcoin will at least make it to the moon at least once, but then it will hardly happen, since in real life any kind of asset can not cost as much as bitcoin cost at the end of 2017.
this is shortest bear market we see and in the coming time we can see more positive happening in market will react to all positive news in the market this is not crash it is just a correction period
I understand the prepare for the worst while hope for the best game you trying to play. It is alright but I don't think this market will take that long to recover. Patience is key in a volatile market like crypto. We would all smile again.
I think that the main growth of the crypto market will be very soon! New investors come to the market every day, and it has very big prospects in the future. I think soon the crypto market will grow to its maximum and there are many reasons for this.
This is the usual correction or we call it yearly correction now because it happens almost the same time each year. Everything is a cycle because money in people's lives come also in a cycle. Whenever people have extra money they invest, the time when its tough they withdraw. So ypu look at the trend on the previous year it will make you ubderstand why it went down.
Exactly, thank you! But still, a lot of projects - not only the scam ones, do have similarities with
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the mottos "get big fast" and "get large or get lost"
Resource: Wikipedia: Dot-com bubble https://en.wikipedia.org/wiki/Dot-com_bubbleVerge is the most recent example of this https://twitter.com/vergecurrency/status/984987076729999360.
I don't think dot coms and cryptocurrencies correct to compare at this stage. We are still far from their bubble, the cryptocurrency world is only at the very beginning of its path.
nothing like that ,yall blowing ish out of proportion.i dont think u know the massive effect of dot com crash.
i don't think the crypto market crash in March the same as dot com crash, because the lost value of the total market is about 300% and there still big buying volumn to hold the market alive.Dot com crash is totally a downtrend line without any recover, so these crashes are difference.
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On November 7, 2000, Pets.com, a much hyped company that had backing from Amazon.com, went out of business only 9 months after completing its IPO. At that time, most internet stocks had declined in value by 75% from their highs, wiping out $1755 trillion in value.
Right now, the total market cap of coins (a ridiculous number in my opinion, and wrong too) is valued at 333 billions.
OP, for your comparison to make sense, we need the same volumes and value, something like Actual Market Cap times 5270.
We have a lot of terrain to gain before even comparing these events, not to mention that the events are totally different and incomparable by their nature.
Its nowhere near the same scale. The "crypto winter" has been minor in comparison and will definately recover. I think there will eventually be a big crash of some sort where a lot of shitcoins disappear but its a long way off.
I think you are too pessimistic... there are lots of projects that will faill that's true but there are also many that will success and become stronger....
This is the usual correction or we call it yearly correction now because it happens almost the same time each year. Everything is a cycle because money in people's lives come also in a cycle. Whenever people have extra money they invest, the time when its tough they withdraw. So ypu look at the trend on the previous year it will make you ubderstand why it went down.
As someone once said, 'nothing great can ever be built without irrational exuberance'. This comparison has been made by quite a few people, and with the changing face of crypto, i do not see the downside here. The end picture is going to be one that defines the workings of every aspect of our lives, just as the internet today, and birth of Google, floating and flourishing of Amazon etc.,
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