To all those claiming bitcoin and ICOs are overvalued! - page 2.

DoublerHunter

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Quote from: cuddaloreappu on May 27, 2017, 11:14:08 PM

many claim we are in a bubble and all cryptos are overvalued....
If you look last decade same thing happened to traditional world of investing..what about twitter and facebook , many said they are overvalued but yet they did not crash..
they are valued based on what they will be worth in the future

I maybe agree to the thinking of being a bubble price for the altcoins now because they are mostly hype but for the bitcoin, i believed that it is stable and real and it is because of the news that created a lot of hype and notification from different part of the world because of the massive adoptions of the country so the demand is keep on rising that makes the price of bitcoin looks overvalued.

Herbert2020

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Quote from: phunnykidd1 on May 28, 2017, 12:32:32 AM

Quote from: SHAWN-MIDWAYS on May 28, 2017, 12:01:03 AM

Bitcoin is valued just right, with a limited supply of the digital currency it only makes sense that if supply can not increase its value will.

It's also safe to say that some ICOs are overvalued that's why when ICO is over there is a correction in its price to reflect the true value of the coin

wont bitcoins supply be doubled after the fork tho? never was sure about this.

no a fork will only upgrade the block size (one way or another) and will only happen in case it gets enough support from everyone. otherwise it is doomed to fail as an altcoin which will die.

what "you think" is doubled is your coins which can exist on two chain if two chains can exist. which is unlikely.

phunnykidd1

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Quote from: SHAWN-MIDWAYS on May 28, 2017, 12:01:03 AM

Bitcoin is valued just right, with a limited supply of the digital currency it only makes sense that if supply can not increase its value will.

It's also safe to say that some ICOs are overvalued that's why when ICO is over there is a correction in its price to reflect the true value of the coin

wont bitcoins supply be doubled after the fork tho? never was sure about this.

odolvlobo

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Quote from: cuddaloreappu on May 27, 2017, 11:14:08 PM

many claim we are in a bubble and all cryptos are overvalued....
If you look last decade same thing happened to traditional world of investing..what about twitter and facebook , many said they are overvalued but yet they did not crash..
they are valued based on what they will be worth in the future

On the other hand, what if you look at pets.com. webvan, etoys.com, @home, kozmo.com, flooz.com, boo.com, mvp.com. go.com, kibu.com, and govworks.com?

Many said that they were undervalued, and then they failed.

SHAWN-MIDWAYS

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Bitcoin is valued just right, with a limited supply of the digital currency it only makes sense that if supply can not increase its value will.

It's also safe to say that some ICOs are overvalued that's why when ICO is over there is a correction in its price to reflect the true value of the coin

pooya87

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Quote from: cuddaloreappu on May 27, 2017, 11:33:33 PM

There could be some ICOs which could be of real value...

even if you dont agree, by theory it has to be..some innovation always happen

ICO in my opinion is a bad thing to begin with. there is no reason for its existence when you are making a new open source decentralized cryptocurrency! which means the only reason for having that is for the developer to make some free-no-work-required money overnight. and that has nothing to do with "innovations" and the current "over pumped altcoin market" and the fact that it has nothing to do with bitcoin and whether or not it is overvalued.

and the argument is not about things that "could happen" but about things that "are happening" or "has happened" so far.

2bfree

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I'm investigating Crypto Projects

ICO's are gambling and they are lucky there are so many willing to loose money on most ICO's so they can win on one.

cuddaloreappu

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Quote from: pooya87 on May 27, 2017, 11:17:02 PM

bitcoin and ICOs! are you kidding me. you are using these two in the same sentence!
bitcoin is not in a bubble because apart from all the speculators and all the fast rises and manipulation it will always have some real usage that creates a lot of real demand.

all your ICO altcoin shitcoins are in a bubble because there is no usage for them and they are only rising because of pure speculation and nothing else. and as we have been seeing for years, bitcoin price comes down but it will go up after the correction but altcoin prices come down because their bubbles pop and they never recover again.

There could be some ICOs which could be of real value...

even if you dont agree, by theory it has to be..some innovation always happen

pooya87

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bitcoin and ICOs! are you kidding me. you are using these two in the same sentence!
bitcoin is not in a bubble because apart from all the speculators and all the fast rises and manipulation it will always have some real usage that creates a lot of real demand.

all your ICO altcoin shitcoins are in a bubble because there is no usage for them and they are only rising because of pure speculation and nothing else. and as we have been seeing for years, bitcoin price comes down but it will go up after the correction but altcoin prices come down because their bubbles pop and they never recover again.

cuddaloreappu

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many claim we are in a bubble and all cryptos are overvalued....
If you look last decade same thing happened to traditional world of investing..what about twitter and facebook , many said they are overvalued but yet they did not crash..
they are valued based on what they will be worth in the future

Topic: To all those claiming bitcoin and ICOs are overvalued! - page 2. (Read 1175 times)