Will BTC end like .com bubble? | Bitcointalksearch.org

andrei56

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Quote from: gabmen on February 03, 2018, 10:38:02 AM

Quote from: andrei56 on January 31, 2018, 09:04:41 PM

Quote from: TERA2 on January 26, 2018, 01:15:59 AM

Im not staying in a market thats going to lost 90% of its value and then bounce back in 10 years. Im going to use that money on other investments and then get back in at the bottom.

Well, this is the beauty of it if you can time it right then you will make a fortune, but I'm not confident on my skills to do that, that is why I'm picking only the coins that are the best, that is why most of my money is in bitcoin, even if the market crashes I know bitcoin will still be strong bad coins will disappear but the ones that are any good will keep most of the market and eventually will become part of our everyday lives.

If only its that simple dude. Get out when you seem to be on top, try other investments, then get back at the bottom. Everyone would be rich then. But movement in crypto isn't really that predictable to begin with so even experienced traders often get stuck and are left with holding as the best option.

That was my point actually, I'm not confident I will be able to to be able to predict the market accurately and so I'm just a holder and as a holder I cannot invest in useless coins, I try to invest in only the best projects, if you follow that formula and hold for a long time you can make a significant amount of money, but it is not something all the people want to do since it takes time and they want profits now but that attitude most of the time leads to losses instead of profits.

sjefdeklerk

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SODL

This will be worse. The dotcom bubble didn't end that bad, quite a few companies survived. I don't expect any blockchain coin to survive, the technology doesn't scale so it's just worthless as payment system. Off chain solutions like LN are severely flawed too so this won't help.

aardvark15

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Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

Prices of Bitcoin and altcoins were overvalued because of all the money that has poured into the market over the past year. This combined with a bunch of bad news reports over the past few weeks caused the crash. But crashes, corrections, and consolidations are all part of open markets like the stock market as well. They will happen from time to time and it doesn’t mean that these new technologies will fail.

ngavanngo22

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I assert once again that Bitcoin is not a bubble. Bitcoin exchange rates have fallen sharply recently as sources have said that cryptocurrencies will be banned in all countries and USDT is at risk of disappearing altogether. But now the news has gone and the market now is recovering fast!

BitHodler

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Quote from: imapessimist on February 03, 2018, 11:08:46 AM

I think it will crash very low then it might creep up again. I don't know what is holding it up now. I sometimes wonder if these figures for exchange we are given are always a true picture. How hard would it be just to make them up?

Exchanges could manipulate the price if they so wish, but the main thing is that as long as the market is willing to pay that/'their' price, things go as they go. If no one is willing to pay for it, people just sell or don't buy.

It's a market based on supply and demand. If at some point we reach a price that people don't think is worth buying at, the market will either stagnate for a while, or more likely go down till people start buying again.

In current situation it is clear that people are comfortable buying any price under the $10,000 mark, and if the market remains holding its position, we might see an attempted $11,000 visit somewhere next week.

bryant.coleman

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If you check the valuation of the tech stocks in 2000 and compare them with today's prices, then it can be seen that a large number of them survived the bubble and increased their value. For example, the market capitalization of Apple is 40 times higher now than it was in 2000.

campica

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I don't think that bitcoin will end like .com bubble , because many people using it for getting profit from him . Some government try to stop that but the market are too big for stop it. I expect that bitcoin will stay with us in the future because it's pretty good "thing" for change today paper money into virtual money.

imapessimist

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I think it will crash very low then it might creep up again. I don't know what is holding it up now. I sometimes wonder if these figures for exchange we are given are always a true picture. How hard would it be just to make them up?

Carlsen

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Quote from: faatipoke on February 01, 2018, 09:39:27 AM

Dotcom buble did not end. A correction came out and prices started increasing again. Look at amazon or apple charts. They decreased when dotcom bubble exploded, but they are now far more valuable than that day.
We should all agree that 20 thousand US dollars was really high and was a real bubble for bitcoin, none of the experienced users would buy bitcoin at that price. This correction was inevitable and necessary. I think we have more way to increase

I think that exactly here we will see paralles between the .com bubble and crypto currencies.
The world does not need a few hundred different crypto currencies. Maybe ten will survive, but that will be strong ones!
And I am very optimistic that bitcoin will be one of them.

gabmen

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Quote from: andrei56 on January 31, 2018, 09:04:41 PM

Quote from: TERA2 on January 26, 2018, 01:15:59 AM

Im not staying in a market thats going to lost 90% of its value and then bounce back in 10 years. Im going to use that money on other investments and then get back in at the bottom.

Well, this is the beauty of it if you can time it right then you will make a fortune, but I'm not confident on my skills to do that, that is why I'm picking only the coins that are the best, that is why most of my money is in bitcoin, even if the market crashes I know bitcoin will still be strong bad coins will disappear but the ones that are any good will keep most of the market and eventually will become part of our everyday lives.

If only its that simple dude. Get out when you seem to be on top, try other investments, then get back at the bottom. Everyone would be rich then. But movement in crypto isn't really that predictable to begin with so even experienced traders often get stuck and are left with holding as the best option.

faatipoke

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Dotcom buble did not end. A correction came out and prices started increasing again. Look at amazon or apple charts. They decreased when dotcom bubble exploded, but they are now far more valuable than that day.
We should all agree that 20 thousand US dollars was really high and was a real bubble for bitcoin, none of the experienced users would buy bitcoin at that price. This correction was inevitable and necessary. I think we have more way to increase

djpitagora

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Quote from: player514 on January 24, 2018, 09:26:05 PM

Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

I'm definitely a believer in blockchain technology. I think the entire system and layout of it brings organization and optimization to many tasks of today. I also, however, do like to compare the crypto markets to the .com boom often. I see it like this:

In the 1990's and 2000's people were throwing money at companies and telling them to become as big as Microsoft or Apple. Of course, not every company can perform to this level, so they would end up failing and a burst started. Similarly, people have been throwing their investments into coins that they may not even know enough about. I wouldn't be surprised if some of these coins end up as busts, just as the .com boom ended up. History does repeat itself to an extent.

I definitely believe that there are certain coins that have what it takes to survive and that the originality that they bring to the markets is key. We'll see where the technology goes; I doubt EVERY coin is going to survive.

yes, some if not most coins will die. However just like in the .com bubble, the surviving ones will take 1 90% haircut before starting to grow again. We might not see these valuations for 10-20 years again (in the case of the stockmarket it was 10 years)

andrei56

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Quote from: TERA2 on January 26, 2018, 01:15:59 AM

Im not staying in a market thats going to lost 90% of its value and then bounce back in 10 years. Im going to use that money on other investments and then get back in at the bottom.

Well, this is the beauty of it if you can time it right then you will make a fortune, but I'm not confident on my skills to do that, that is why I'm picking only the coins that are the best, that is why most of my money is in bitcoin, even if the market crashes I know bitcoin will still be strong bad coins will disappear but the ones that are any good will keep most of the market and eventually will become part of our everyday lives.

realr0ach

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Quote from: ?? on ??

The Google of crypto is about to debut

It will scale to do billions of small transactions a day, it will be instant in speed and it will cost nothing for merchants to use.

Merchant acceptance will drive it and consumers join it to get merchant deals only available for the coin.

I've seen a couple of projects proposing it, it's being done with VC dough.

100 Billion budgets

It doesn't use blockchain nor public ledgers

It will bypass the crap coin exchanges

It's value is 1 to 1 to the USD

It will strike like lightning and destroy all existing crypto

Nobody wants your garbage, debt based, Jewish paper notes. The only real daily driver money is silver, and then gold for settlement. You can take your cuckchain and Jew scams and go to hell.

penig

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Quote from: Torque on January 25, 2018, 12:15:00 PM

Sorry to break it to the altcoiners and blockchain tech purists, but if a cryptocurrency cannot or is not designed to hold purchasing value that incrementally increases over time, then people just won't buy and hold it. Period. There would be no incentive to hold it long term.

They won't even buy it as needed for e-commerce purposes, because most people will just use their existing fiat-based payment systems that work, because no hassle and no overhead.

And what cryptocurrency is best designed and architected to hold value over time? Bitcoin.

If all cryptocurrencies got wiped out one day (btw not gonna happen), then what would they start over with? Again, Bitcoin.

How about holding because a coin has utility, addresses real problems? Long term the coins, the blockchains that solve problems other than simply having value will be the most successful.

Bitcoin certainly is not the best design, its very good for a store of value but flawed in meeting the original objectives and if you started over today with what we know, you'd have one of its children.

The killer app for Google was first the clean simple UI, second a better search engine. Simplicity and superior function. Which coin has these key attributes I'm not quite sure, I have an idea, or its possibly one as yet unseen.

TERA2

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Deb Rah Von Doom

Im not staying in a market thats going to lost 90% of its value and then bounce back in 10 years. Im going to use that money on other investments and then get back in at the bottom.

lopez cryptomania

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I appreciate everybody's comments very interesting and good reading. I agree with everybody in at least one way and at the end of the day do understand that not every company survives however the few ones with the best product and trust of the ppl. will so thankfully I'm invested in BTC and power to the ppl. bc gov. and institutions only know how to screw the ppl. these days, and more than likely in the past too lol

cpfreeplz

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Companies that hard real value ended up making it out of the dot com bubble just fine. Yeah there was a panic, but there will always be panic sellers in markets. Amazon is a great example. We're like Amazon in 1999 right now. Everyone thinks it's a bubble, it "crashes" then we continue to 10x again. I know this is going to happen because it's just common sense. Stop trusting banks. Stop trusting other people with your money. Demand your own currency that your government can't control!

andrei56

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Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

But you are forgetting there were two different endings for companies that were part of the dot com bubble, in one hand we had the companies that were nothing but air and about 90% of the companies went bankrupt because they did not had any product, as far as I know we have a similar failure rate for icos, however there was a small percentage that became the companies that are part of our present like Google, there are some coins that will have that future and bitcoin will be one of them.

Biodom

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Quote from: ?? on ??

Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

It's gonna end worse.
You had real companies creating huge traffic networks.
The bubble was due to fraud by Turner and AOL claiming they were selling ads for $40cpm
They had almost no sales absolute FRAUD

The sales were almost all even exchanges between AOL and Turner

I'll. Sell you 100 million banners for $40cpm if you buy my 100 million for $40cpm

It's why AOL is now worth nothing

But eventually Google came along and found a market for 5 cent clicks.

Enter the age of Google

Most of the new social media Giants can't justify their market caps

Google the big asset, the rest over valued.

If you actually try to use the bullshit ads of FB and Twitter and IG and Lin

You quickly find out the only network that brings results is Google.

So the whole net comes down to Google, the rest is bullshit.

Now business sites produce income but the value of most pure internet companies is bullshit.

The problem with crypto all the good ideas that did ICOs tied to exchanges that value everything in BTC is BTC has nothing justify it's value with so as BTC eventually implodes that will impact every coin.

Yet crypto is real.

Think of Bitcoin like infoseek in 1996
Now Ethereum is Yahoo
Ripple is Alta Vista

The Google of crypto is about to debut

It will scale to do billions of small transactions a day, it will be instant in speed and it will cost nothing for merchants to use.

Merchant acceptance will drive it and consumers join it to get merchant deals only available for the coin.

I've seen a couple of projects proposing it, it's being done with VC dough.

Interesting point of view.
However, MSFT still dominates with Windows and Office, Ebay dominates its niche and Amazon dominates ecommerce (at least in NA and EU with Alibaba a strong showing in Asia). MSFT is even pre-web, Ebay/AMZN-early internet. FB and Google-successful late comers.
This just illustrates the point that sometimes network effects are so strong that they withstand decades of tech evolution and/or tech iterations.

the conclusion is it is too early to tell whether bitcooin will have long term staying power (it might, but not guaranteed).
However the good news is that at least 2-4 more strong players will likely to exist and prosper, which makes it interesting.

Torque

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Sorry to break it to the altcoiners and blockchain tech purists, but if a cryptocurrency cannot or is not designed to hold purchasing value that incrementally increases over time, then people just won't buy and hold it. Period. There would be no incentive to hold it long term.

They won't even buy it as needed for e-commerce purposes, because most people will just use their existing fiat-based payment systems that work, because no hassle and no overhead.

And what cryptocurrency is best designed and architected to hold value over time? Bitcoin.

If all cryptocurrencies got wiped out one day (btw not gonna happen), then what would they start over with? Again, Bitcoin.

Hexah

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Well expect that two scenarios you said could happen both though I think they will vary on the difference of time, place and reason. But what is most likely to happen is that this kind of technology especially the blockchain that makes all the cryptocurrency possible is the next big thing that will bloom on the future of whole mankind. Don't doubt it would really happen and we would expect a digitaized money or token transfer technology.

littlebill16

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Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

The .com bubble didn't really end anything? If you look now at those companies of course some failed but many of them are now powerhouses in the current economy. I would be quite happy if crypto follows in the same path. I don't actually think it will enjoy that level of success but of course a scenario where we see a crash and then only the strong manage to recover is something that's highly likely at some point. Like in nature, it will be survival of the fittest.

bitcoinvamp

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Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

If you really believe in the blockchain technology then you would have confidence on it as it is gonna last really long as it is a technology that we can rely on in any aspect we can think of . Well saying about a bubble i don't think it is a bubble till everyone believes in it and keep investing and trading in it. If the people all around does not stop supporting the technology and the bitcoin it can be destroyed at any cost. And yeah it is new way of transacting money to one another and its gonna change the whole system of money transfer all over the world.

YuginKadoya

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Quote from: Cryptohad on January 24, 2018, 08:43:44 PM

when you believe in block chain technology, then you have opened the gates of success in the future. all scientists recognize that block chain technology is a great technological innovation and will be used for the future. but may need good management so it's not used for negative actions.

Yup! If you have trust in bitcoin that it will go beyond then it will be a good investment, we can really see in the past that bitcoin had taken so much impact in the community that the demands will sure grow and so is the value, No one had seen this in the past that is why there are so many people that are regretting right now, I really think it can be use for future transaction we can see a more convenient, reliable and fast transaction.

shahani

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Many speculative issues about bitcoin, and it can cause bad effect in bitcoin business, but bitcoin actually contributed a lots of income to the people for a long period of time passed. Being a new member in this kind of business we must go with the situation without any such complaining on whatever any changes from bitcoin management. Actually, as a new member in this particular business, I have no such strong ideas if this certain bitcoin end like .com bubble. I'm just only putting my side in bitcoin, and positively thinking that bitcoin give us the the good future income and bitcoin can change globally by improving economic status towards high technology system.

X7

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Let he who is without sin cast the first stone

The .com bubble is a miss understanding - when you say end up like, what does that mean?

We are here now how many years later, enjoying the amazing technology and technological advances of this dot.com bubble, there will be companies that come and go - there will also be coins that come and go. But there will also be the Google's that stay and change the landscape.

There will also be some coins that come and stay, and change the landscape. The concept of a bubble has the negative connotation and in no way reflects the full macro view outcome of the entire eco system.

Ozero

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Everything depends on the specific circumstances of using the crypto currency. If she, as bitcoin now, will constantly enjoy increased demand, then it will grow in price and swell as a financial bubble. This will bring both its collapse together. If the crypto currency is used more or less evenly, then there can not be any bubble and it will be almost eternal, it will only improve and pass from one quality to another.

tananaev

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If by ending up like dot-com bubble you mean that we'll have a few industry winners and most other companies will die, then yet, I think most cryptocurrencies will die and we'll have a small number of good projects remaining. Bitcoin is not guaranteed to be one of them, but I think the chances are very good.

Suharti12

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I think bitcoin will run well and will be the currency of the future, bitcoin is in the interest of the people for future investment, and it will be a rare item that has a high value, although the bubble happens all will be fine.

Meysa_richa

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it is not an end, but it is merely a trade law in the ascending of a bitcoin price, because the chart always moves up and down, and there is a time to increase and decrease the bitcoin price.

player514

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Quote from: lopez cryptomania on January 24, 2018, 08:31:25 PM

I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

I'm definitely a believer in blockchain technology. I think the entire system and layout of it brings organization and optimization to many tasks of today. I also, however, do like to compare the crypto markets to the .com boom often. I see it like this:

In the 1990's and 2000's people were throwing money at companies and telling them to become as big as Microsoft or Apple. Of course, not every company can perform to this level, so they would end up failing and a burst started. Similarly, people have been throwing their investments into coins that they may not even know enough about. I wouldn't be surprised if some of these coins end up as busts, just as the .com boom ended up. History does repeat itself to an extent.

I definitely believe that there are certain coins that have what it takes to survive and that the originality that they bring to the markets is key. We'll see where the technology goes; I doubt EVERY coin is going to survive.

coinsons

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yes i think in 2-3 years after that hype will dropped price will go down and btc will cost normally

Cryptohad

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when you believe in block chain technology, then you have opened the gates of success in the future. all scientists recognize that block chain technology is a great technological innovation and will be used for the future. but may need good management so it's not used for negative actions.

lopez cryptomania

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I am personally a believer in the blockchain technology however will the currency aspect of the tech hold value and become the new way of transacting into the future or will it eventually bust like the .com bubble did? Any educated opinions welcomed.

Topic: Will BTC end like .com bubble? (Read 424 times)