Bitcoin Forum

In the early 90s, many of the early investors in internet companies sold off their stocks.  It didn't look like the internet was going anywhere,  and there were plenty of new stories disparaging it.  With the sell off,  big institutions started buying the stocks at fire sale prices.

Fast forward to 1995-96.  Scam companies became rampant and companies 100 years old were adding a .com to their name and tripling their stock price overnight.

Little by little,  those scam companies were exposed and soon the bubble burst.  But the good companies continued to balloon in spite of the collapse.

The same thing is happening in crypto.

It's 1996, and we have 1000's of currencies.... That we don't need.

It's a game of musical chairs.  We don't need 30 privacy coins.  Maybe we just need 4 or 5.

This year, we will see the beginning of shitcoins start to flounder while useful coins rocket to the sky (see my signature)

The most important thing to do if you're new to crypto is to ask these questions:

1. Does this coin solve a massive problem?
2. Is the team incredible?
3. Is there a decent following?
4. Has this coin been audited for security issues?
5. Was there a shady premine or other red flags?

Stick with these questions and DO NOT SELL your good coins.

Big banks,  corporations, even governments are beginning to jump in to crypto.

Once that wave comes,  you will be happy you held your coins.

The society develops, the payment means also. Of course, everything new is always frightening and looks dangerous. Cryptocurrency will also come to its normal track. Of course you need time, but I think everything is delivered well.

As you started your post talking about the crush of dotcom, next was housing market and if you watch closely at around every 10years or so there is some huge correction or break down. Maybe it will be it crypto, or not, at least strongest will survive for sure and there is no doubt in that. Honestly to me what matters the most is community behind and if devs keep up with their promises. Tech can have good speculative trick to it and it could surely boost the price but it doesn't mean to be the number one.

People who had purchased crypto currencies before few months at less price and holding it till some more time to see very good price , so definitely 2018 will  be great year for them to earn profits. People would have purchased bitcoin at 6000$+ before 1-2 month and now its 9000$ , so it shows decent profit and hope bitcoin will reach to 20-22k$ in few months.

Op has made a very encouraging and morale boosting to hodl coin more and exercise patience. Well as for 2018, I might not just succumb to the allusion of greater profit for altcoins because the year is already ending again but I sure understand that investing in altcoins now will return so many fruit in the future.

You are absolutely right. Soon enough most of the shitty coins will go down completely and only the strong genuine coins will be left in the crypto world. Let's just sit and watch as events unfolds

very nice perspective. There surely is a similarity between crypto now and internet in early 90s, I guess only time will tell if crypto can grow as big as internet did. Let's see

We'll continue seeing the influx of new coins which aren't worth anyones time just because they still make money. Although, the above points you made are a good starting point there's much more to it than just having an incredible team, good security and a good following. PR is a big thing, and that's why we are currently seeing a lot of bumping from newbie accounts.

I highly doubt this. At the moment even though shitty coins are ultimately failing there's still many out there which are earning a lot of money, and as we know as long as there's money to be made then we'll continue seeing these shitty coins dominate the market.

Whoever buys at the beginning of the year will be a happy year for him but whoever bought since last year will be angry at this time, but I will tell him new news that it did not last very long in losses and can earn much more than before. This year we hope to do so in the near future

Well as for 2018, I might not just succumb to the allusion of greater profit for altcoins because the year is already ending again but I sure understand that investing in altcoins now will return so many fruit in the future.Cryptocurrency will also come to its normal track. Of course you need time, but I think everything is delivered well.

It depends on how you handle your coins. You need to think what will be the best investment of your coins and on how you spent it in the rightway in doing such thing this will make your year end fruitful.

It can't be put more clearer than this, but in life there will always be people that will agree and some to disagree that's because out thought processes are different, and so that's why for cryptocurrencies there are people that will never accept the idea until when they finally see their banks selling crypto coins then they will remember when someone had told them about cryptos but they rejected the idea. So it's important not to sell off everything one has at this time cos the better days for crypto is already nearby.

I am just a beginner but according to my analysis who is buying this year will be achieved his dream and vice versa who bought last year will drop if sold this year, I just want to give advice to hold back to sell it

"Big banks,  corporations, even governments are beginning to jump in to crypto."  What are you talking about, some large banks are already ready to offer a service for exchanging crypto currency.

As the dot.com brought almost all offline to join the web, so will crypto be in the next ten years. Every product and services that accept payment may one or other create its own cryptocurrency to use. But the ones that stand will depend on credibility and uniqueness.

i believe 2018 will be one of the worst years for everyone!

first we have all these shitcoins and all these newbies investing in all of them including the ICos that are scamming them.
then we have all these altcoins that are pumped and are now having their bubbles burst and falling down.

this situation is not only causing a lot of downtime but also is making a lot of money exit the market.

good coins? nowhere to be found. if there is an actually good coin it will sadly be buried under all these shitcoins with huge market caps.

Every person has different views and experiences with bitcoin wherein for some, bitcoin is considered a good investment where they were able to gain good profit. However, for some people, it seems to be awful and not good for them especially during times where bear market has been consistently take long time of dips. This had result for a very unpleasant loss from there investment where they were not able to hold their coins since they do panic selling and afraid that they might loss everything. In my views, 2018 will still be a great year for bitcoin and alts for this will recover soon.

I agree with this.

But the big difference between crypto in 2018 and dot.com shares in 1996 is that crypto is unregulated. That means it is worth it for pump and dump groups to keep thousands of coins alive (the more obscure the better they are able to pump it). Whereas the pumper-dumpers couldn't do that for stocks because that type of activity is illegal.

   Week ago one post on Twitter said the same thing. If Bitcoin came here with just people investing where will it be
when companies start to invest heavily? I think tweet was from  John McAfee, I tried to find that post but there are
to many things. It`s not important from whom it is, or where I saw it, what is important that I see the same thing
in one week from two different sides and I see the logic in that.
   This year will be amazing for people who hold crypto-currencies and for the one`s who are buying more.

Just don't invest in 30 coins. Buy 4 or 5 promising coins you want. Honestly saying, nobody knows, how many coins do we need now. This question is being solved by the crypto exchange markets in the real time.


I think the pre-mine doesn't matter a lot. For example, take a look at Ethereum. 72 million coins were pre-mined in the first block of its blockchain, but in spite of that this crypto currency is highly demanded by the people conducting an ICO campaigns.

And it happened, but for those to whom it failed, there is a chance at the end of the year to turn the situation around. And those who have succeeded, you can continue to make steps towards success and greater profits.

End will be better than the start so better days will be coming soon. The prices will start rising and people who had being buying on this days where it is lower you will tend to make more money than people who will buy later after it has risen.

I think that this will be a good year to invest in Eth. Of course we don't know when it might climb back up, but I believe that Eth is very valuable.

btw, has anyone heard of menlo one? they will be launching a token sale this July which can be used for their ICO platform where we can actually buy different ICOs from a single platform. The idea sounds really interesting but I'm not 100% sure if this project is legit. All I have is this interview by KoreanJew and menlo's ceo https://www.youtube.com/watch?v=Rw1QBpBYE6o&t=1010s

Everything starts with team and project idea. Other things are not problem.
I always notice that everyone needs to get listed on binance or bittrex but if the team is powerfull then no need to get listed on top exchanges.
Leave it to time and wait. If project grows as predicted than everythin will be fine.

Good point you have there and i tottaly agree.

But we must take into consideration the global economics as well. Recesion comes in about 8 to 10 years. Right now global chrisis is over. Last year we saw huge spikes in every segment of economics.

That global bull will last for few years, like 2 or 3 after that chrisis will slowly start again. Id say that if crypto survive 6 to 10 years, those that invested in right coins now, will be big winners. We could see btc at 500k it is not impossible, but only when next global chrisis goes by.

I think crypto is really promising, especially for well-known companies, security crypto and blockchain still need to be upgraded, because this is a problem we often encounter, "Market Hacked" and "Coins stolen" are included in the extraordinary issue in crypto

The fact of the matter is that everything is really connected with a person's luck, because everyone chooses his activity in a certain project at his own discretion. and as a result get what the project is capable of.

For coins that do not solve any global problems will always wait for a not very good future. Therefore, people, better look at the technology that the company creates and carefully analyze the development team of ICO.

I fully agree with the TS, sooner or later all the scams or fake projects will be exposed and will be wiped out of the market while the real and big, solid projects will be the ones that will keep growing steadily, no doubt after 5-6 years all the solid ones will be huge, we may see million mark for btc by then, future is great for all quality coin holders.

propanon is not only fraudulent projects, but also those that lacked the strength and ability to put their ideas into reality. To date, quite a lot of promising projects, whose ideas will be in demand in the society, do not develop because of the weak interest of investors or because of the lack of professionalism of the team.

Because some keep their coins and have already lost almost everything, and the others have cleverly thrown out at the beginning of the year and now again come to the market buying even more coins at a lower price. I wonder which of them is smarter.

Yes that's right this year will be an amazing year for new comers to crypto coz they'll e able to buy cheaper btc, ETH and other alts. But its a great loss for those who bought at 7k$ up price of btc coz it will take time to record their losses. All they can do is invest it on a potential project and hope that coin pumps twice once  it reaches exchange. That way they can profit. Anyways cryptocurrency is a gamble. Just learn the ropes and you'll be successful.

These 2 lines are the winner.

Pretty good points right there, especially for a junior member. This guy has got it figured out. The value of our coins right now are still nothing compared to it's future value when the real value of cryptocurrencies are realized. Just hold for now and be rewarded later.

As you mentioned in your post big banks & corporations these are the institutional investors which have already entered into market and they come up openly with the Circle Trade project. They are already investing money in top cryptocurrency but are not coming openly because of lack of regulations. When these regulation problem resolves that day will be near when crypto market will reach to the sky. We are still in the early stage & there is huge potential gain if the project in which we have invested is strong and hold our investment for longer run. People who are exiting market by selling their digital assets in loss on the present scenario because of FUD & manipulation will regret later. Yes 2018 will be amazing year for those who learned about tackling market manipulation & have patience.

I will be happy if by the end of the year the high quality coins like btc and eth will reach new all time highs, i know there are plenty of shitcoins and they do not deserve more investors money so the ones that deserve should show good gains.

Always someone lost someone win. And winner is the not the most smart often but the most elastic. Those who can change self after summer '17, dec '17 and jan' 18 and get right lessons from this period those get all profit