Topic: WILL THE BUBBLE BUST OR NOT (Read 2365 times)
If I had a dollar for everytime someone said theres a bubble lol.
What bubble?
From this chart I understand that Bitcoin x20 = ~Apple. Bitcoin, can, as the most popular fund transfer tool in ten years, reach the marketcap of Apple. So, by 2030, 50 000$/BTC seems highly feasible.
I like this image. Actually, this image explains why some shitty pseudo great mind (Snapchat's First Investor) said that
1 bitcoin could be worth 500,000 USD by 2030. How did he come to that conclusion?
Take gold market-cap: 8.2T$
take bitcoin market cap: 42b$
8200/42 = 195
and 2600$ (price of 1 bitcoin for a market-cap of 42b$) x 195 = 507,000$
I don't say that bitcoin won't worth 500,000 USD in 2030. Nobody knows the future, I just explain how such douche bag
can make such prediction. It isn't rocket science and it is not because one Investor says this based on simple maths that even a 5 years old boy can handle
that it will likely to happen in the future!
well its not a bubble imo but its also the fact that some coins are indeed too high now after the hype..
some healthy corrections are needed before the market can grow
one can hold their bag for sure if they are in long term views but those who bother and have time can unload and get back the coins at lower price of course imo
some healthy corrections are needed before the market can grow
one can hold their bag for sure if they are in long term views but those who bother and have time can unload and get back the coins at lower price of course imo
Everyone is about to remind themselves that they are a "long term investor"
Resistance is futile we are on our way down.
In years though we are still positive.
Resistance is futile we are on our way down.
In years though we are still positive.
There is a lot of volatility so people think it's now bubble burst. They don't understand every single technology has growing pains
People really need to wake up and drink the coffee. The future is bright imo
People really need to wake up and drink the coffee. The future is bright imo
bill gate is in a bubble 
What bubble?
People keep saying this from 2010, yet we reached 3k without much downside. I think the correction phase is over for now & BTC can start going up.
Lets wait and see what happens before Aug 1st.
Lets wait and see what happens before Aug 1st.
What we see are corrections, not bubble bursts. We will see many corrections to the top..
I think there will be a Dollar bubble, meaning crypto market cap will hit one time again 50 Bil, that is the time to buy back.
What we see are corrections, not bubble bursts. We will see many corrections to the top..
It seems like we just went through the Bull Trap.
I don't think the market is going to drastically drop but the correction is not over.
I don't think the market is going to drastically drop but the correction is not over.
We see this kind of thread almost every week. I don't think the bubble will burst in a near future.
2010. It's a Bubble!
2011. It's a Bubble!
2012. It's a Bubble!
2013. It's a Bubble!
2014. It's a Bubble!
2015. It's a Bubble!
2016. It's a Bubble!
2017. It's a Bubble!
Unless Crypto is deemed illegal (which will not happen ever) it will continue to rise, with ups and downs!
2011. It's a Bubble!
2012. It's a Bubble!
2013. It's a Bubble!
2014. It's a Bubble!
2015. It's a Bubble!
2016. It's a Bubble!
2017. It's a Bubble!
Unless Crypto is deemed illegal (which will not happen ever) it will continue to rise, with ups and downs!
Haha, that is an interesting comment. We have to admit the market cap of the cryptocurrency are much bigger then ever before. I think it will go down for a while but will grow further.
100BN Marketcap for blockchain tech is a bubble? 100BN is nothing.
Probably not. Crypto not even start for the mainstream yet and soon it will.
I don't see it going mainstream for a pretty long time, not untill everything is made much simpler to buy and sell coins and pay with them.
Try to explain to Joe Smo crypto in short, making a wallet but is has to be safe, don't leave it on exchanges to dangerous, so many things to write down, but I guess you know it already.
Mainstream is not around the corner, I wish it was... but it has to be much easier to access before people drop there hard earned money in.
I don't think this is a bubble. There is a huge money entry to this crypto money markets and the price is rising. That is all. By the way, not only crypto markets are the rising ones but also nearly all markets in the worlds are rising at the same time. There is a liquidity abundance. Besides these reasons, the awareness about crypto markets is also increasing.
I observe this market for three years now (however started trading only few months ago). What I got from my observations - I think fiat economy schemes aren't applied here. Yes, we see huge pumps once in a while, but usually prices during pump predict the future prices (it may happen much later, but eventually the floor will reach this level). I'm not talking about scumcoins here, which are getting pumped only to be dumped afterwards and abandoned by developers after they made some profit of it. But decent coins usually don't drop that significantly (maybe in 2013, but at the end of the day market reached, and overgrown even that level).
Thank you for the graph showing that the Bitcoin price IS NOT A BUBBLE by the defined terms in economics. You keep using that term and it is being used wrongly. Try some college, maybe even a little high school, and then stop it You have no idea what you are talking about. Please, try the back seat and do it now so that the others can have a conversation.
Crypto is a nascent technology so what we are seeing is new money flooding into the market. ETH is a gud buy as it's backed by big corporations and financial institutions. Follow the money as they say.
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