Topic: There is no Altcoin bubble - page 2. (Read 3012 times)

The thing to remember with virtually the ENTIRE crypto currency space is that it is very small with very low market penetration and awareness.

The top 20 stock exchanges in the world add up to roughly 55,530 billion, the top 650ish crypto currencies on coinmarketcap.com add up to 25.4 billion.

The returns on a number of these coins has been very significant. The return for Bitcoin for 2016 would have been over 130%. By comparison the return on US stocks was roughly 13-15% average (from what I could find).

The 12 month return on Dash (from now to 12 months ago) is currently 1600%

If the price of stocks, or housing or gold suddenly shoots up for no real reason you can safely call it a bubble because of how well those assets are known by the investing public. When people think "where should I invest my money" they think of those things. This is not the case with cryptos.

I think we could easily see MASSIVE price gains in cryptos without them being in a "bubble" simply as a result of increased awareness and investor education/interest.

All it would take is 0.045% (ie, nothing) of the current investment in the top 20 stock markets to flow into crypto and the whole space doubles in market cap.

Put another way, if 1% of the money currently invested in stocks was to flow into crypto the prices would go up more than 20x on average.

All it will take is a few of the right people to notice the crypto space and the prices could explode WITHOUT it being a bubble.

I don't think so, But it looks like the bitcoin will become the bubble itself. Altcoin is a bubble, It looks like this is a ridiculous pump. And the bubble can boom!! anytime.
In this time bitcoin nor altcoin was turning to the bubble.

DASH is designed to be a scam, without any other purpose.  So you make a good point.  Have you had a chance to check out: http://www.nasdaq.com/article/op-ed-a-closer-look-into-dash-part-1-cm760740

ACE exposes exactly how this scam works.

What, Dash may drop 15 USD making the rest of its growth a scam when it still hit a massive gain overall and will slowly get back up? What else would you call a bubble, ETH which is more than just a cryptocurrency but rather a whole network and imo should not really be treated the same as everything else in the crypto market for price speculation? Besides these big names there are lots of projects that may drop a bit but are still growing and will keep growing. I could name a few

Everything smart to get into will end this whole altcoin pump with more growth than loss. The total market cap for crypto grew nicely. Diversify your investment and you won't leave empty handed

FOMO is a b!tch
FOMO is one hell invisible drug

it is so funny how people use literary any news to their own advantage when it comes to speculation and price. and it doesn't matter if the news is even relevant!
altcoins are in a bubble, most of them that are pumped are anyways. when you pump an altcoin for no reason and people join in, all this investors want to cash out to take their profit and the higher it gets the more they accumulate and the bigger the bubble will be.
and in the end when they start unloading (dumping) their bags the price crashes hard in a sharp drop or in case of manipulated coins with a little bit slower pace.

With the Bitcoin SegWit vs. BU situation some of the BTC maximalist are saying that we are in a bubble that is about to burst since BU has a bug which should frtify SegWit and eliminate the chain splitting possibilities

Thing is this entire time our alts have been growing, BTC was not dropping. What we got was new money into the cryptospace as a whole. This seems like an exciting time. Lots of profits on every alt I jumped into prior to the pumps, in my case all my early moves climbed the market cap listings. BTC being less likely to split ends the chances of the whole cryptospace entering a recession