Bitcoin Forum

Cryptocoin market has always had its cycles like the stock market. 2017 was a terrific year with tons of runs and it has been very easy to make money, but I think it could be near its end. Market will fall and consolidate for 2-3 years and then another bubble.

What do you think?

Partially the man I agree with you, but for some reason I think that now a little bit is not enough capitalization in order for the market to burst

I don't know if it will be like that, I think we might just see a repeat of what we have had and this will go on for a while, it's just what happens in the altcoiin world, the key is learning when to take profit without getting too greedy which is quite a task to get to grip with.

Did you study the trend?   The only crash we gotten was the MTGox and that had to do with tons of bitcoins going missing.  IF you study the trend where that has not happen you will see bit get a mass increase, then has rollercoaster price fluctuation,  I say it can go to 4500 before it get to the next milestone, has been the same trend and if you think long term, its going to just go up,  if you dont worry about the temp dumps.

It depends whether actual value is gained from all the crypto projects. If many ICOs become scams and projects fail to deliver value then there is risk that investors start to withdraw their money. But I think we still have time, maybe year or more until investors start to loose belief.

I think the current boom started from Ethereum when investors saw that cryptos could actually be used for something valuable (ICOs). Thats the moment they went all-in.

I do not think that this will happen so soon, but I think that such a scenario is inevitable

Nope, the stock market bubble is near is end, but there is NO crypto bubble. The global economic collapse/reset is very near, people will be abandoning fiat currencies in droves, this is just the BEGINNING of the uptick in the cryptos, mark my words.

Cryptocurrencies market is still new to many people and the few that realize its existing this year were able to push the price from were we are early this year to were we are today. Bitcoin for example was before $1000 at February this year and with little people that had about it and try to invest we can see were we are today. I have been thinking lately that if bitcoin became mainstream and is being accepted by major online retailers like Amazon and aliexpress we may get to $250,000 before the end of the next three years.

I can only say i cant predict,i agree fiat market is one big bubble,crypto is diffrent,we have blue chips and value small alts rest of the alts is virtual trash.I a case of btc 2xfork make me worry and potencial btc war escalation

In my opinion we're still far away from the masses picking it up. Yeah, it gets featured on news and even TV ads yet, but now is the beginning. As long as there is no critical flaw found in the bitcoin network there won't be a crash. Not yet. Something has to happen for this to become reality.

no Because normal bank system and real money have power to supervisor next 50 years

Also, I am inclined to such an opinion and I think it will be but somewhere in 1-2 years

My oppinion is that we're just near the origins of a new future where cryptocurrencies will totaly replace fiat. You see that people start to pay more and more attention to crypto world. Some desperate believers even sell everything they have to buy BTC hoping to multiply there saving in some years. Those who are sceptic about BTC and ALTs will regret in near future. So the bubble has just started to grow and I don't see any reason for FUD.

I think the altcoins market nowadays​ suffers from useless coins that are being released day by day , thing that caused its temporary weakness , but you should also note ​that this market is still youthful , so it's too early to talk about altcoins market end .

In fact, I have been here since the beginning. First generation altcoins had their run and later they fell and consolidated: Litecoin, Dash... This year, these first coins together all the new altcoins like Ethereum, Waves, Monero, etc. ran again even harder. It's a cycle and I'm sure it will happen again as soon as Bitcoin top its current bubble like it happen in the past run from $100 to $1200

Remember, I'm not saying this is over, I really believe there will be a lot of coming runs, but always with its dips between them. Don't forget that Bitocin was almost died since it fell to $200 from $1200 along almost 3 years until it started to hype again.

long way to go

Not even close. This year will be nothing compared to 2018. Everything is going to keep going up. Crypto is still just a little baby.

It is likely that this is the case.

I agree with you OP, crypto world has slowed down. ICO mania as we know it is done, people realised $40m for 7 lines of code is nonsense. On the other hand, all these pointless BTC forks where they print money out of thin air are making people loose faith in BTC and crypto in general.

This might be a good thing in a long run; ICOs will have to lower their caps to normal levels, only the good ones are gonna get their chance and ETH could take over BTC in marketcap and officialy become number one cryptocurrency.

No one can tell this, market predictions never work  :)

Bubble? The whole crypto market cap is smaller than Facebook..
I don't think the prices are high, just the speed we get there..

They're making money out of thin air but remember that they have value just because people give value to them

I am surprised alts didnt rebound more after the BTG fork.  Im just hanging tight and investing more in BTC

It will depend on how segwit2x fork comes out, whether there will be a brutal fight and long lasting damage and confusion to the cryptomarket. If the battle finished quickly, no matter who wins, we might see confidence back in the market and another bubble coming up.

Nope. Bitcoin is spreading worldwide like a disease. We are very far to any end of trend.

I dont know. The growth to this point has seemed pretty organic. I think if we were to see a bubble form, we'd have to witness prices several times the average price of the year and a very sharp increase towards the end. The $ increase to this point has been pretty steady.

We may still be in the early stages of a bubble.

I don't think we're nearing a bubble, unless in 2018 there will be no project that goes truly mainstream. Something that brings crypto into the spotlight unlike the backstages we've been on until now. If we don't get something that the average Joe can truly understand is revolutionary and easy to use, I could entertain the possibility that there might be a bubble about to pop. But I have high hopes for 2018

The whole Bitcoin Gold situation is not over yet. The distribution isn't completed yet so we have a little bit more time to see if there will be an altcoin pump.