Can the current growth be healthy?

[beerlover]

It's a repeat of May/June. Big dumps coming soon.

It is normal to always prepare for a big dump after some huge pumps like this. I will not say it is healthy for now for most of the alts anyway as this just seems more of a market that is being driven up and I have the feelings some people are doing this to get some profit from the market. Altcoin support is still a bit not too solid compared to bitcoin, so it is best to get ready.

It is just the way we have seen it and in as much as we are seeing the bulls taking over does not mean a time will come when the bears will be having a filled day as well. It is a good thing though seeing most of these markets testing the tops and then the rapid growth within a short while. It is normal to be worried and I am worried too, but as long as we stay safe, we should be fine.

[ozm0823]

I don't think so. I think it will be a crash in January so I am preparing myself ready for that.

[Invester]

Do not get me wrong, of course this is a great time for crypto. But apparently every single coin except very few is rising by 2-digit percentages right now.

This growth of course cannot be maintained, but can this even be healthy for the market as a whole? This is currently pumping up way too hard. We went from below $500B to $650B total market cap over the course of a few days. On the one hand this makes me happy, but I have a lot of doubts for the near future.

Thats just my 2c

The values of every single cryptocurrency must be determined by the market. That is how it is in the cryptocurrency settings. That is if the coin is already opened to the market. The buying and selling and their respective prices are going to direct the movements of the coins. So for me, the rise in value, however rise and quick they are happening is healthy for as long as they are caused by the normal demand increase and not just some manipulated pump.

[halker2010]

I really doubt this is a bubble that might fall anytime soon because those 3 - 4 coins were going up for few months right now they just getting a lift because few splits between chains and high price of bitcoin.

[dg2010]

2017 is the year of Crypto. So, that it has increase fast is very simple. And I also wanna say that, some of them are just a stupid coins such as Doge, so you should research carefully before buying