Bitcoin Forum

Hi!
 Don´t you think that crypto market is still overvalued?

Look on this Bitcoin price prediction based on worldwide money flows: https://coincheckup.com/coins/bitcoin/predictions

What is your opinion?

Probably. We can't really attribute accurate value to an emergent tech because we have no idea whether it's gonna succeed as a global payment standard. But when and if it breaks out from the stigma of unprofessionalism and shady practices, it will be a revolution that could dwarf pretty much any other development since the internet and smartphones.

I think it depends. Some projects are clearly overvalued and they will fall hard eventually. Many are at that stage because they have managed to keep interest and are still "hyped". But not all projects are overvalued, I believe some are deeply undervalued as well. This is why it is so important to be selective and do your own research.

I don´t think so, look in last year market cap was arround 800 billiom USD and still a lot of people did not invest or did not hear about Bitcoin.
Opportunities for further growth are huge!

I do not think so. I think the cryptocurrency is now in the bubble phase. But the bubble does not mean that his value is overestimated. However, the cryptocurrency is growing. I think his value is higher than it is now. Of course, all of these are developing smoothly. The government may interfere with his growth.

i think its not overvalued, people just do not understand deeply the importance and value of blockchain technology to the universe.
its hard to comprehend and i mostly do not check up prices on website as such, you need to look up the flow at exchanges and probably look up at coinmarkecap.

people make suggestions based on their knowledge.
And remmeber knowledge is key,

The market is not overestimated, the problem is different. The market is now under great pressure from the economy and politicians. Everyone believes that now the market is holding back. Hence, there are such forecasts.

There are 2 options:
1. crypto will be globally accepted, we will see a massive adoption and price will sky rocket
2. governments and authorities will ban crypto, because there will be a problem wit taxes - then crypto will have no value.

Maybe. But I would not say so about the market as a whole. I would divide the cost for each coin separately.
Since I believe that there are coins that are overvalued and there are coins that are undervalued.
I think that in the coming year there will be a redistribution of value between the coins in the market.

I really think that crypo right now is not overvalued. Because crypto can be something more something bigger than this. It is just that other country dont support cryptocurrency thus it being a hindrance in the growth of cryptocurrency. I know that in the future crypto will be having bigger prices that we currently see in the market.

Yes, a lot of crypto projects are overvalued, like EOS and a lot of others. But bitcoin and whole crypto space is not. There is lots more ground to gain in the terms of market capitalization. A lot of projects will fail, and the space will mature with fewer projects that have high capitalizations

I think it isn't overvalued now because it has taken all the steps to ensure that it gets corrected to the normal average prices. The bitcoin value and off course all the altcoins were overvalued in the December month. That is the period and those are the market cap which were actually overvalued. The price of 19K USD was actually tremendous hype and that too happened just within two weeks of period. This explains many things and primarily tells us that that was the overvalued positioning.

Now just look at the market and look what you see. The bitcoin or altcoins they have already corrected themselves in terms of prices and lowered more than 50% of original rates ATH. So we are just fine here.

Thank you for your thoughts, but nobody still convinced me that cryptocurrency are not overvalued.
I mean some obvious evidence..

The first question to ask yourself is who determines if a crypto market is overvalued. It all depends on demand and supply. And to me the crypto market is still very young and has more room to grow. I can say its undervalued from my perspective.

btc is not over valued

most icos have huge fake caps because they were easy to game from the start

so yes the total MC is hugely fake and over inflated

What does it mean? If there is a huge fake market cap - then there is a great growth potential or not?

Fully agree with you. Wanted to say same.
I really hope it will be scenario Nr.1 and we all will become reach someday.
But, unfortunately at the moment looking that scenario 2 is working and already for half a year since January no major changes.
We are all optimists, that´s why we are here  ;)

I do not think that the crypto-currency market is too overpriced. If something is overrated, it's bitcoin. Still, one type of virtual digital money can not cost thousands of times more than ordinary money and in tens, hundreds, and sometimes thousands of times more expensive than the same digital ones. However, this is a new technology and we do not yet fully understand how to evaluate them and how they should behave.

Well, I think that Bitcoin is one of the few coins which will survive because it has real use, you can buy with Bitcoin a house or a coffee or a car or whatever.
But what will you do with altcoin? Only speculate..

Not overvalued, but there are definitely some sharks that are driving the price higher, you can't say that it is overvalued because there are always active trades on this pair and it's volume is pretty high, but we can be pretty sure that the price is being manipulated.

I don't think that the current status is bubble because the volume is still really high compared to the market cap and the price is pretty much stable compared to other markets.
I think that we found the stability point at about 7K$, and from now the price is just going to be increased as the demand is just increasing.

Not now. During the december/january bull, the prices of the coins were completely overvalued which is why the prices ended up crashing down so hard

Today, there are no convincing methods for calculating the cost for crypto-currencies. This is an unexplored territory. Only time will show the real cost of crypto.

I think that now he is no longer overvalued. Of course it is still possible to fall but I think that it will not be significant.

It's undervalued in my opinion. This time bitcoin has a lot of usefulness just like it can become your store value or asset, you can create any transaction with cheap fees by using it. And altcoin has so many advantage just like you cna earn passive income, runs dapps in the platform and many more.

Overvalued? there's a big market cap for all cryptocurrencies so do you think they are overvalued?

It all depends on the circulating supply and demand of such coin. The opinions about the market cap thing of crypto's are still debatable, there are experts in finance that can't accept the fact that this trend of digital currencies are making the global trend and is potentially going to be their biggest opponent.

I totally disagree. The cryptocurrency market will be overestimated only when simple working factories will use bitcoin as an investment.

Everybody here disagee, but look at the specific situation.
In the past year many newcomers, I mean really many, everybody heard about Bitcoin and they left and probably they won´t invest again  :-\.

Why do you think so, you think there is a bubble, that's normal. Do you think that all investors are ignorant? not like this. In fact, the value of cryptocurrency should be higher than this. Because it is a project for all humanity.

I think whole market is undervalued by now but some coins are overvalued some undervalued as well. Bitcoin is very undervalued to me, $7000-8000 in 2018 is really low price.

I don't think that all cryptocurrencies in the market are overestimated. Many cryptocurrencies still have many practical uses, such as BCH and ETH!

Why new investors are not investing then? Why big fish are not interested in Bitcoin?
But stable price now is probably good for Bitcoin future ;).

As for me it's just rumors, I think that this market deserves even more than it is now, in the future it will develop and will show its true price.

Infinite growth is impossible in any sphere of the economy. At some point, growth is coming to an end, and then what? The economic downturn. When a huge influx of newcomers ends, the market will collapse. Many people will be disappointed in crypto-currencies, they will collect their own manats and withdraw from the market a crypto-currency.

My small knowledge says that yes. Its price has moved up very shortly over the time, But i believe that cryptos have that prospect to rise over the time pass.

If we talk about individual tokens, then yes, some overestimate & pump. Speaking about the market as a whole, I don't think that now the market is overvalued, it's not December 2017.
Now, all over the crypto world, we can probably talk about underestimation of some good projects. These projects are simply lost in the crowd of noise and HYIP.

Currency market volatility. Electronic money fell sharply. With the current situation, the electronic money market is not appreciated. But I think that's just temporary. The money market will soon increase again in the near future.

2017 was a breakthrough year for major coins such as Bitcoin, Ethereum and Ripple. The attention of the global financial market has increased, and innovative blockchain applications have brought impressive profits to the creators. More importantly, this rapid pace for the entire ecosystem is ensured by increasing appetite from investors, and it has no signs of weakening.

Many people say that the entire cryptocurrencies market is a bubble that will soon collapse. However, people who are far from the market economy say this. Similar processes are typical for most young markets without regulation.

The Cryptos market is not undervalued. It is the many shit altcoins in the market that's making it look like it's overvalued. The market still has a lot of room for growth. As time goes on, the low quality altcoins will fade

I really happy that you understood it well. I have seen many people not understand the current market condition but you seems got about the all crypto currencies. I want to invest on the ICO means also I first go to check the future potential of the coin dude.
Then I see some centralized altcoins which is the not good for the decentralized market.
I see all the potential and cheap rate coins are undervalued not a overvalued one.

I think that is overrated. This is mainly due to the fact that a lot of speculators in the market. If we follow the economic theory, the prices of cryptocurrencies should be justified. In this case, the cost of cryptocurrencies can be justified by the cost of mining .

I think this is not appropriate for all the coins. But true for some coins. If you say about the top ten coins, i will say that they might rise more and more in coming days. But there also some shit coins, which are just really shit. And hampering the normal operation of the market. But it is a good news I think, that people are being sensitive before investing and taking proper decision on time.

Now there is no convincing examples of the calculation of cryptocurrency.I think the price should be higher. Since this project is created for all people.

I do not think that market is overvalued, i would say that it is undervalued because if we take the example of only bitcoin, it costs around $5k to $6k to mine one bitcoin and market is almost trading just above this range making miners survive hard at this point, they are working 24/7, they are consuming electricity, the equipment is expensive and also deteriorating everyday, keeping all these things in mind and the difficulty of mining is also increasing with time, i think $12k to $15k would be fair value for bitcoin and im sure it will go up soon as this price is not suitable for miners.

All this is relative, given in relation to what to evaluate it. In general, given the fundamental and epoch-making nature of what is happening, the current market assessment is still at an initial level. Of course there are a lot of overestimated projects (most), however as it was always in the startup world. Many play and inflate everything. But under the pressure of many factors, over time everything will gradually be rationalized ::)

Absolutely yes,if BTC doesn`t become the digital analog of gold officially.Cuz we see now only speculative price, it is formed based on "Fool`s theory" (in classic economy), we don`t see real value of crypto now.
So only big players and govs can make crypto strong now

I still think that the new crypto market is starting. When prices fall, people feel that the crypto market has collapsed, but if you try to compare the bitcoin price in 2018 and bitcoin price in 2009, we can see the price bitcoin is still increasing dramatically.

If we compare all previous years, then the most promising year was in 2017. If we analyze the current year of 2018, then it became famous for the fall of hopes, and not for the level of the crypto-currency market.

Now market is not overvalued because hype from media diminished. But it's good time to buy more bitcoins)

It seems to me not, he simply always removes projects that he does not need, and if the project is still traded for a penny means everything is fine

I would say it was overvalued in December and January. But now i think it's pretty normal and in my opinion soon it will be much more, because cryptocurrencies and blockchain become more and more popular in the world.

The cryptocurrency market is underestimated. We are at the very beginning. Projects by google,telegram and others, show that we have a great future. Just need to be patient and wait a little. The situation will change soon.

there are no convincing methods for calculating the cost for crypto-currencies. This is an unexplored territory. Only time will show the real cost of crypto.

I do not think so. I think the cryptocurrency is now in the bubble phase. But the bubble does not mean that his value is overestimated. However, the cryptocurrency is growing. I think his value is higher than it is now. Of course, all of these are developing smoothly. The government may interfere with his growth.

I totally disagree. The cryptocurrency market will be overestimated only when simple working factories will use bitcoin as an investment.

I don´t think so, look in last year market cap was arround 800 billiom USD and still a lot of people did not invest or did not hear about Bitcoin.
Opportunities for further growth are huge!

It is not overvalued, and it is not going to be like that until people realize how good crypto is.
But sadly, it wont happen anytime soon because there are a lot of people that prefer FIAT.

yes I agree with you because the market value also depends on the value of Altcoin if the altcoin price is high then the market is also high let alone some of the projects I see have the highest price hence many people say if the crypto market is rated too high among others

Crypto market is still young market that was started in about 7 years ago, and the market cap is very small compared with stock and forex market. The market cap will be go higher in the long term, iam sure the marketcap of crypto possible to reach $1 Billion in next years. Now just less than 1 % people in the world make invest in crypto, but later can be increasing to 5% or 10%, when that happen crypto will boom. Actually in every years the crypto community will be huge and the demand also will increase.

After the journey of 9 years bitcoin is standing at right position I guess and there is no way it is overvalued currently. The crypto market would have been overvalued if it had more than 10x value of the current prices in the market but with no volume at all to cop up those prices. Thats the overvaluation of something when we say its overvalued. The current market is completely at right point and is playing around the right grounds. If the todays market had no pretty much volume then it could have never seen such bulls and bearish trends. Those are actual one and defines completely the way it is evolving today.

As we know cryptocurrency doesn't really have solid assets to backed up, like a real world company has all the performance report, connections are work force to sort of fulfil the 'value' of something, there's nothing left of adoption by communities, by real world companies, by entities which are worthy to ensured that cryptocurrency is really appreciated and utilised by them, many projects nowdays still holds some good amount of value because of the expectation of people towards them, like testnet or promises that the team is most likely to be able to deliver in upcoming years. When there's high expectation, people are buying for things that doesn't reflect the value it haves currently of course.

I have to feel the same way. I think the current blockchain and the encrypted money market are grossly overvalued.
Most ICO projects do not require so much capital.

I think this is a normal thing, because crypto market continues to grow and even its value can continue to increase. I've seen many changes happening today than in the past. In conclusion, the increase can be regarded as a very extraordinary thing. Market value continues to rise and beyond expectations. So it can be concluded that in the next few years the crypto market will rise significantly compared to the current market value.

crypto market will always grow, it resulted in a lot of additions of coins that appear and this can trigger for the occurrence of many coin options circulating in crypto. so I think this is a natural thing and happens by crypto.

For now, one can say that only one bitcoin is overstated in price. Compared with other crypto-currencies and the functionality that bitcoin has, there is a very big price difference between them. However, it is necessary to take into account that the crypto currency is a completely new phenomenon in our financial world, and so far no one can reasonably answer what it is necessary to consider as overvaluation of the value of the crypto currency, and what is not. We are still working out the necessary practices and there may be mistakes and miscalculations.

your good friend. I think the cryptocurrency is not overestimated. In fact, you can see the market value, and now this value is actually very rational. Because it does not drop significantly. On March 20 last year, a bubble was released. Now is a very good period of development.

Not only. In this world, anything can be valuable. The main thing is demand. You can sell air if there are buyers. The same goes for cryptocurrency. People enjoy her, I see her future and why she's so valuable.

Not one can tell if the market value is over price or not because all of it are just speculation. Since every month there are new altcoin that is added in the ecosystem, you cannot tell what will the market price should be.

He's very underrated in terms of capitalization,now all they are saying to the crypt to do the reckoning between States instead of the dollar!And large companies and banks,and many corporations are now actively pouring into the crypt,so it is definitely a huge potential,we are waiting for the capitalization of 3-5trillions $ or more,then it will be the norms of the market price,which was supposed to be!

Among the variety of existing projects for Token Sales, there are a lot of frauds! Very few of the them have qualitatively created processes. That is why when I was looking for reliable project for investments, I found Socratus. It is a insurance ecosystem which provide a digital platform with instant claim payment products for insurance companies, so any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. In my opinion, it is good that they work with different kinds of insurances such as property, flight delay, cyber insurance and the core aim of the project is to help insurance companies to save their money and get their business on new level. Like, they can help the insurance company to lower expenses from 15% to 25% on claims handling and operational expenses. Moreover, they powered by Smart-contracts & Socratus Oracles..It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. I think this is really cool and it seems like innovative and demanded project. I hope I helped.

 I believe that this depends on the market. As the market behaves, so it will be, so take my fact in the future. Interesting statement.

we should not be able to attribute the exact value to the emerging technology in that I can not really imagine if it will really succeed as a global standard devaluation. But whenever and when it stops from dirty activities like unprofessional work and deep habits, it's a revolution that can be lost or a lot of other developments from an internet and so on.

I think so, if coins are bought at such a price, they are not overpriced. If this were so, they would have fallen dramatically in value.

The cryptocurrency is not overestimated. It is only a matter of time. It is very likely that Bitcoin will be more expensive with $0.20 million in the future. It is a growth period now, so some people think it is overestimated.

It was, don't think it's too bad now.

In general - yes. There are a lot of overvalued projects in top100 CMC (like IOTA, EOS,...).
There are some undervalued GEMs but I think we're still in a permanent bubble

I think the market loses the code that will be appreciated as they are in the current rating with more and more coin being sold and their development is constantly paired with the likes of the members.

why do you think it's over valued ?? in what sense is it ?? is it because of the fees, not being useful or widely accepted, not having physical form ?

I think personally If you say about the top ten coins, I would say that they will increase more in the coming days. But there are also some dirt coins, which are really dirt. And hinder the normal operation of the market. so I think now the price should be higher. Because this project is made for everyone.

chances are that way. because we can not accurately measure the technology used and its relation to global payments. but not all projects are of high value. we just need to be selective in choosing the right project according to the prospect we expect.

Will be no overvalued, the crypto market just born in 2011 and this market still young, and also the market cap is very small compared other market. Many expert predict market cap of crypto will going to $20 trillion, and when this happen the price of crypto possible to going up 100 times more.

Well i think They are overvalued from the very beginning. they do not represent anything materially valuable.
I think they are starting to gain value. On the background of the fact that the world is changing its outlook on values, (I define the value on the importance of technology in our live).

about how it overvalued its depend on the time.. right now when a lot of people still want get crypto it makes a lot demand on it so the value and price of cryptocurrencies will increasing and it  will make benefit to it. so the value its depend on situation that happening that effect to cryptocurrency

chances are that but I see many people who invest in crypto and do buy and selling with crypto so I think with the crypto market is still high it is common because if want to get a good profit whatever will be done then than that I think normal but not for beginners because many investors are successful with crypto

I think cryptocurrency market still undervalued. Many good project and back up by reputable company have lower price than ICOs. Beside that, market cap right now 50% lower than highest. I am believe market cap in crypto will break trillions dollar

I don't think that the bitcoin is overvalued, because the bitcoin is enough diversification, and the bitcoin has received recognition more and more people, however, a variety of altcoin now really overrated, altcoin situation is not optimistic.

We cannot really attribute the accurate value to emerging technologies because we do not know if it will become a global payment standard. And the value of its own existence has not yet been fully demonstrated. I believe that there will be greater breakthroughs in this industry in the future.

I think now that the market is low, so we can still make a good profit, with the current conditions, and we can wait for the high price, so we will generate a lot of profit.