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Topic: The reasons for the virtual currency market (cryptocurrency) can not die (Read 154 times)

full member
Activity: 674
Merit: 100
the presence of users and investors who still believe in cryptocurrency, that's the reason why the market never dies. Smiley
yes, I agree it doesn't have an investor the market in cryptocurrency will not grow and the tendency cryptocurrency will die.
member
Activity: 196
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
I kinda agree with "too new". It itself doesnt support the whole notion of the cryptocurrency "not dying" but being "too new" means that most people havent adopted the technology and yet the prices are going strong. At the very least that supports the idea that bitcoin isnt just a bubble that would burst. It supports the idea that there is a lot of potential out there.
legendary
Activity: 3472
Merit: 10611
1. Too new - just a few hundred billion - grain sand in the desert - lucrative market of sharks because they also manipulated.

none of your reasons make any sense! as @stompix said above, being new has nothing to do with whether or not they are going to fail. and what the hell does grain of sand and few hundred billion has to do with anything here?

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2. From 1 inferred capitalization now nearly 400 billion. Bitcoin accounted for 35.6%. That means 140 billion. Someone e predicted 5000, we just do a simple math. If btc is 5000 then the market cap will lose 40% = "bitcoin to 80 billion - the total market is 240 billion .... If this number really happened, I would say at least 70-80% of the new investors running long because the milestone is 5000 / milestone within 4 months of the crypto ... who dare to put money into a game too risky??? If it was me, then I would not. Sharks also understand that, and they do not have the money to spare and lose their prey. Squeezed 5000 do not know 20,000 BTC enough not.

this is your worst one among the three! you are using a meaningless attribute and then play around with numbers! market cap means absolutely nothing. and you know what i am going to put it like this for you: saying market cap is X so it is big and bitcoin has Y% of it is like saying the cryptocurrency market weights 238 Kilo Grams and bitcoin smells like daisies. and i am not making a joke, using weight and smell for a cryptocurrency is the same as using market capitalization for it.

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3. Blockchain applications increasingly show strength and potential. Technology will not die unless people want to go back to prehistory.

not really.
there are a some ideas that seem cool and there are shitloads of pretty advertisement for a lot of them mostly to get more money in their ICO or get a nice pump for their coin. i have not seen any actual application among any of the altcoins!
newbie
Activity: 278
Merit: 0
The cryptocurrencies were born to cover a need for direct transactions over the Internet, from person to person, without the intervention of banks and governments, and therefore it is difficult to disappear in the coming years, it is something like saying that disappears internet.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
1. Too new - just a few hundred billion - grain sand in the desert - lucrative market of sharks because they also manipulated.

Being new is not a reason it can't die.

2. From 1 inferred capitalization now nearly 400 billion. Bitcoin accounted for 35.6%. That means 140 billion. Someone e predicted 5000, we just do a simple math. If btc is 5000 then the market cap will lose 40% = "bitcoin to 80 billion - the total market is 240 billion .... If this number really happened, I would say at least 70-80% of the new investors running long because the milestone is 5000 / milestone within 4 months of the crypto ... who dare to put money into a game too risky??? If it was me, then I would not. Sharks also understand that, and they do not have the money to spare and lose their prey. Squeezed 5000 do not know 20,000 BTC enough not.

If you're doing simple math why do you calculate the whole crypto marketcap , then divide it by the percentage BTC represent in that market and not directly, 16,8 millions BTC x 5000$ (in your scenario).
But I don't have a clue what you're trying to say after that, and I doubt you have either.

3. Blockchain applications increasingly show strength and potential. Technology will not die unless people want to go back to prehistory.

Technology that was either too advanced or to costly or just didn't fit anywhere died. A lot of times.
And we kept on living in a modern society, humanity will not turn to stones and sticks if the blockchain will disappear.
As for the application...if you're referring to ICOs, I've yet to see one that actually delivered something.
member
Activity: 546
Merit: 17
the presence of users and investors who still believe in cryptocurrency, that's the reason why the market never dies. Smiley
newbie
Activity: 37
Merit: 0
1. Too new - just a few hundred billion - grain sand in the desert - lucrative market of sharks because they also manipulated.

2. From 1 inferred capitalization now nearly 400 billion. Bitcoin accounted for 35.6%. That means 140 billion. Someone e predicted 5000, we just do a simple math. If btc is 5000 then the market cap will lose 40% = "bitcoin to 80 billion - the total market is 240 billion .... If this number really happened, I would say at least 70-80% of the new investors running long because the milestone is 5000 / milestone within 4 months of the crypto ... who dare to put money into a game too risky??? If it was me, then I would not. Sharks also understand that, and they do not have the money to spare and lose their prey. Squeezed 5000 do not know 20,000 BTC enough not.

3. Blockchain applications increasingly show strength and potential. Technology will not die unless people want to go back to prehistory.
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