Topic: When will the bubble burst? - page 2. (Read 1083 times)
Why thinking that this is bubble that is going to burst? Don't always think for the worst, sometimes things can really turn out good and Bitcoin is one of them. The price has still big possibilities to rise more and achieve 5000 or 6000$ easily. Some corrections will happen also but not in the form of big dump. At the moment there is nothing to worry about.
That is when you think it will reach another ATH, but the cap will get reached and the big wales will retreat some day. That is just statistics. Too much positivity just gets me wanting to say "hey guys, keep your feet on the ground because it will get ugly one day." That is allso the reason why i have descided not to tell my friends to much about it. I'm sure you have seen some artificial shit ging on like with NEO even today, that stuff will someday ruin a lot of peoples lives.
well, yes if you're talking about most alts then the chances are extremely high you'll get fleeced. if people don't realise that then they're stupid.
but when it comes to the coins that endure there'll be a phase where the speculation morphs into regular people and heavyweights coming in. the whales will slowly lose their control as the weight of real money pushes them aside. any attempts to dump like in the old days will be bought up.
there'll be peaks and troughs but so many people will be invested there won't be an abandonment or pump and dump as is the case with most alts.
And people who entered at the top will lose everything.
why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.
people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.
It's just a waiting game. I think that many people realize this now, so the next bear market probably won't go as deep (in terms of percentage loss). I think the $5000-6000 range will be a major top, personally, but I might wait for a retest of the top and a clear failure before selling anything. Losing coins is a lot more risky (for your long term portfolio) at this point than it was a few years ago. From an adoption standpoint, the long term looks better than ever.
And people who entered at the top will lose everything.
why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.
people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.
That is when you think it will reach another ATH, but the cap will get reached and the big wales will retreat some day. That is just statistics. Too much positivity just gets me wanting to say "hey guys, keep your feet on the ground because it will get ugly one day." That is allso the reason why i have descided not to tell my friends to much about it. I'm sure you have seen some artificial shit ging on like with NEO even today, that stuff will someday ruin a lot of peoples lives.
And people who entered at the top will lose everything.
why? all you have to do is wait around for it to rediscovered again. the innovations won't stop and new users won't stop coming. the potential userbase has barely been tapped.
people who bought at the top in 2013 were underwater for several years. all they had to do was wait. if they're weak enough to sell at a loss then that's their problem.
One of the things that gets me thinking is when will the bubble burst and how many lives will be destroyed. With all that positivity around bitcoin i just needed to say this. It detests me a bit actually how a lot of threats are about buying lambo's and stuff. We are all looking for financial freedome here and i get that, but the market will burst like it allways does. And people who entered at the top will lose everything. The real question is not will it end poverty cause it wont, it will eventually stagnate and reach a cap. What do uyou think will be that cap? Can some of the smart guys do a wild guess compared to historical events?
EDIT:
For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)
EDIT:
For the record, too many people think i am talking about a bubble right now. I'm not... i don't care about these "small" fluctuations. I am seeing a future where crypto is implemented in our everyday life and where you and me will be the few who got rich because of early adopting even with just a few coins. I am talking about the bubble in 10-20 years like the tulip mania bubble in 1936. Allso please don't think that bitcoin will still be !the coin! Because That sounds really narrowminded. (Don't take this the offensive way)
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