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Author Topic: Alt Bubble Popped?  (Read 5596 times)
ThomasVeil
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June 02, 2017, 12:06:24 AM
 #61

Every day there have been 20 or more coins that rise 20% or more.   Today is no different.  The total marketcap of all coins went from 75 billion to 85 billion in the last week.

Only based on Ethereum, I think. The rest have been rather sluggish. Some Ether profits seem to trickle down to the rest, but I see huge sell walls on nearly all alts - it will take a lot to make them pump properly again.
Ethereum is crazily overvalued vs. Bitcoin though. Half the value? No way in hell. That will correct sooner or later.
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June 02, 2017, 06:49:18 AM
 #62

Every day there have been 20 or more coins that rise 20% or more.   Today is no different.  The total marketcap of all coins went from 75 billion to 85 billion in the last week.

Only based on Ethereum, I think. The rest have been rather sluggish. Some Ether profits seem to trickle down to the rest, but I see huge sell walls on nearly all alts - it will take a lot to make them pump properly again.
Ethereum is crazily overvalued vs. Bitcoin though. Half the value? No way in hell. That will correct sooner or later.
Though Ethereum is over bought I did not see it give up it upward movement as many investors are pumping it obove technical analysis overview. Eth may likely trade above 0.15b before August this  year. The current bubble on almost all the crypto currencies is real and will last for some time as they are no reason for coins recession now.


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Alvin RS6
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June 02, 2017, 06:54:18 AM
 #63

It will go for long time before it pops. Just hold guys!
jacobthecoiner
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June 04, 2017, 12:37:10 PM
 #64

It will go for long time before it pops. Just hold guys!

You're right. I believe it won't pop by the end of 2017.

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June 04, 2017, 12:40:56 PM
 #65

It's a Poloniex bubble.
FractalUniverse
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June 04, 2017, 01:18:47 PM
 #66

well, i thought it popped already, but i was wrong. it looks like pumps go on. that means there will be even more bagholders after they are done   Cheesy
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June 05, 2017, 11:57:48 AM
 #67

It's a Poloniex bubble.

Recently there are also big bubbles in Bittrex.
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June 05, 2017, 08:15:52 PM
 #68

Don't fool yourselves this type of action can't keep up forever. Eventually it will pop. Nobody knows when so be ready to dump. Even though I think there will be so many new bag holders here. We'll see lots of people crying on this forum when it happens.

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June 07, 2017, 12:30:53 AM
 #69

There is no bubble. Don't listen to these people who say it's a bubble.

This will revolutionise the world.

Join the largest & most active Crypto Discord Server
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June 07, 2017, 09:43:24 AM
 #70

Seeing all the red at polo, it seems like the altcoin bubble has finally been popped as expected of course.
Would you be waiting for the price to settle or buying into your favorites alts right now?
What alts were you been waiting to get dumped to buy?

XRP, it is clear.
It has the future and it s just growing, many bank just realize that it is very eficient.
It is not for 2-3 weeks trading, it is for long term.
nasibakar
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June 07, 2017, 01:21:50 PM
 #71

There is no bubble. Don't listen to these people who say it's a bubble.

This will revolutionise the world.
Last year some said that crypto is bubble,
early this year when btc reached 1300 then it was also some peoples said that crypto bubble,.... the truth:
fresh fiat is coming in and it ll still grow.
China, Japan and Korea are getting in, it is just the time when everyone will get in,.... then we ll have the scalling problem.
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June 07, 2017, 03:14:13 PM
 #72

Things you have said seem too much worried on your side, but don't worry. There are many coins which are coming up and are getting pumped, as well as others too which got dumped earlier are now having chances to get up again to more higher levels based on their strongest resistance levels.

   
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renes
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June 07, 2017, 04:47:32 PM
 #73

Not all alts in bubble but there is bubble with some coins.

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June 07, 2017, 08:51:59 PM
 #74

Not all alts in bubble but there is bubble with some coins.

But most of them are for pump and dump only. Meaning for purely speculative then price rise and as soon as you thought that the price is sustainable, the bubble is burst then panic buying occurs pulling the price of the coin down. So we must be very watchful of every altcoins being pump because we don't know when the dumping will occur.

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Almat
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June 10, 2017, 06:53:15 PM
 #75

Not all alts in bubble but there is bubble with some coins.

But most of them are for pump and dump only. Meaning for purely speculative then price rise and as soon as you thought that the price is sustainable, the bubble is burst then panic buying occurs pulling the price of the coin down. So we must be very watchful of every altcoins being pump because we don't know when the dumping will occur.

That is the reason we should buy only good coins.
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June 10, 2017, 07:08:09 PM
 #76

I think bubble exists cause every altcoin is somewhat dumped when the time comes.
But I think bubbles are not killer ones. 2017 is just the year of alts. Its still too early.

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Almat
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July 02, 2017, 06:32:54 AM
 #77

I think bubble exists cause every altcoin is somewhat dumped when the time comes.
But I think bubbles are not killer ones. 2017 is just the year of alts. Its still too early.

The pumped coins will be dumped hard. But the good coins will keep on rising.
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