ratatatat (OP)
|
|
May 10, 2017, 04:16:57 AM |
|
That's a certainty.
|
|
|
|
cengsuwuei
|
|
May 10, 2017, 04:36:00 AM |
|
i think not dump ussualy every bitcoin price incraese all altcoin down price, all people sell altcoin , convert to bitcoin and then convert to fiat money people selling altcoin not dump, only convert to bitcoin
|
|
|
|
Diced90
|
|
May 10, 2017, 04:50:00 AM |
|
Thats just the name of the game its all about who strikes first but this is some thing new we are about to experience
Bitcoin prices are at their highest we have ever seen and some altcoins are equally soaring i dont think its the time to panic sell hold longer.
|
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 05:01:24 AM |
|
Thats just the name of the game its all about who strikes first but this is some thing new we are about to experience
Bitcoin prices are at their highest we have ever seen and some altcoins are equally soaring i dont think its the time to panic sell hold longer.
Yes something new arrised, thats something is the new members buying bitcoin to buy other coins, thats why bitcoin and all altcoins gonna have price high records every day. the times where the old traders and whales dictates the market is over ! the power now is between the hands of the new members investing in altcoins. whales gonna always bump and dump but the tendency of all coins gonna be high day after week after months from now.
|
|
|
|
ratatatat (OP)
|
|
May 10, 2017, 05:05:08 AM |
|
not yet, but at some point - just don't forget Thats just the name of the game its all about who strikes first but this is some thing new we are about to experience
Bitcoin prices are at their highest we have ever seen and some altcoins are equally soaring i dont think its the time to panic sell hold longer.
Yes something new arrised, thats something is the new members buying bitcoin to buy other coins, thats why bitcoin and all altcoins gonna have price high records every day. the times where the old traders and whales dictates the market is over ! the power now is between the hands of the new members investing in altcoins. whales gonna always bump and dump but the tendency of all coins gonna be high day after week after months from now. What happens when every noob has bought and new buyers come in slower? What happens when everyone has bought all the coins they wanted?
|
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 05:08:15 AM |
|
not yet, but at some point - just don't forget For sure he gonna always dump and pump with some bubble explosion in between like this arrised those 2days, but the tendacy gonna be always high high high, explosing all records.
|
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 05:11:36 AM |
|
not yet, but at some point - just don't forget Thats just the name of the game its all about who strikes first but this is some thing new we are about to experience
Bitcoin prices are at their highest we have ever seen and some altcoins are equally soaring i dont think its the time to panic sell hold longer.
Yes something new arrised, thats something is the new members buying bitcoin to buy other coins, thats why bitcoin and all altcoins gonna have price high records every day. the times where the old traders and whales dictates the market is over ! the power now is between the hands of the new members investing in altcoins. whales gonna always bump and dump but the tendency of all coins gonna be high day after week after months from now. What happens when every noob has bought and new buyers come in slower? What happens when everyone has bought all the coins they wanted? Already responded, Bubble. thats the market.
|
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 05:17:11 AM |
|
Like you know, bubble are normal in a market, and crypto market is so small, so they are always gonna be bubbles.
But i'm talking there about the tendencies of high prices... its just the beginning!
|
|
|
|
Viper1
|
|
May 10, 2017, 05:46:18 AM |
|
That's a certainty. Yep. And there will be much crying.
|
BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
|
|
|
Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
|
|
May 10, 2017, 05:51:56 AM |
|
right now there is a bubble but there is also some denial in the altcoin market. prices have gone up super fast and super big. now they need to come down in a dump, we already saw some massive dump take place. but people are associating it with poloniex being down, but it actually is the other way around, the altcoins got dumped and polo went down because of it! we will surely see many dead cat bounces all around the market to get some more victims but eventually they all end up dumping after they lost a good amount of money and they started facing the reality.
|
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
|
|
|
lurker10
|
|
May 10, 2017, 05:53:51 AM |
|
Let's define terms, we're talking about breaking of the Great Crypto Bull market that started in the winter of 2016/17, right?
Well, this breaking is not going to happen this month. There is a possibility it will happen at year-end.
Price corrections (some as big as 33-50%) will be happening all the time though as the bull is hard to ride, it tends to throw away those who don't hold tight.
|
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 06:07:48 AM |
|
Bubble bubble bubble, what bubble are talking about? 1929 or 2008? if so cryptocurrencies have more than 10years before that big bubble.
In the meantime we are in very small bubbles sometimes because the crypto market is new and so small.
"99% of the people around me laugh when I speak about criptocurrencies. There is nobody inside this new asset class. How can we live in a bubble if 99% of the people I know do not even know what is this blockchain technology about? I think you are confusing high volatility with a bubble. Of course we will see eventually a bubble, but it will be a bubble when your taxi driver tells you how good is buying bitcoin! That will be the time to jump!" Said someone, and i'm with him.
|
|
|
|
Viper1
|
|
May 10, 2017, 06:11:48 AM |
|
Let's define terms, we're talking about breaking of the Great Crypto Bull market that started in the winter of 2016/17, right?
Well, this breaking is not going to happen this month. There is a possibility it will happen at year-end.
Price corrections (some as big as 33-50%) will be happening all the time though as the bull is hard to ride, it tends to throw away those who don't hold tight. Segwit has roughly 6 more months to activate but the outcome of this "war" will probably be known before that. My gut says 3-4 months and then things will really start to change across the board.
|
BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
|
|
|
jacafbiz
|
|
May 10, 2017, 06:12:26 AM |
|
Any experience trader will understand that soon the market correct itself, I don't think the correction will lead to dump because from the look of things alot of institutional funds have enter the space and expect this trend to continue and crypto get more media exposure
|
|
|
|
Viper1
|
|
May 10, 2017, 06:13:19 AM |
|
Bubble bubble bubble, what bubble are talking about? 1929 or 2008? if so cryptocurrencies have more than 10years before that big bubble.
In the meantime we are in very small bubbles sometimes because the crypto market is new and so small.
"99% of the people around me laugh when I speak about criptocurrencies. There is nobody inside this new asset class. How can we live in a bubble if 99% of the people I know do not even know what is this blockchain technology about? I think you are confusing high volatility with a bubble. Of course we will see eventually a bubble, but it will be a bubble when your taxi driver tells you how good is buying bitcoin! That will be the time to jump!" Said someone, and i'm with him. Go educate yourself. Go look at life time charts for coins. See that 2014 bubble for bitcoin and what happened with that? Those that have been around here for awhile know how these things tend to trend.
|
BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
|
|
|
Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
|
|
May 10, 2017, 06:18:38 AM |
|
Bubble bubble bubble, what bubble are talking about? 1929 or 2008? if so cryptocurrencies have more than 10years before that big bubble.
In the meantime we are in very small bubbles sometimes because the crypto market is new and so small.
"99% of the people around me laugh when I speak about criptocurrencies. There is nobody inside this new asset class. How can we live in a bubble if 99% of the people I know do not even know what is this blockchain technology about? I think you are confusing high volatility with a bubble. Of course we will see eventually a bubble, but it will be a bubble when your taxi driver tells you how good is buying bitcoin! That will be the time to jump!" Said someone, and i'm with him.
https://en.wikipedia.org/wiki/Economic_bubble"An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value." or a better explanation from investopedia http://www.investopedia.com/terms/b/bubble.asp"A bubble is an economic cycle characterized by rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive selloff occurs, causing the bubble to deflate."a bubble has nothing to do with whether or not people around you know about that asset. it is all about price and how that price reached the current inflated state. and the two above descriptions match the situation in altcoin market 100%. - price went up rapidly : check - exceeding the intrinsic value of altcoins : check - followed by a dump : check - history of these altcoins being pump and dump : check
|
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 06:31:44 AM |
|
More advanced crypto experts dont have the same view about the bubble, they was there in 2014..
An event happens, millions of witness, and millions of views, thats how it work, this is not like math where all mankind are ok about 1+1= 2
i'm out of this bubble talks, more advanced experts than you arent ok about it.
|
|
|
|
whale123
|
|
May 10, 2017, 06:32:20 AM |
|
Depends on the type of coin you invest in.
|
|
|
|
lurker10
|
|
May 10, 2017, 06:34:56 AM |
|
Let's define terms, we're talking about breaking of the Great Crypto Bull market that started in the winter of 2016/17, right?
Well, this breaking is not going to happen this month. There is a possibility it will happen at year-end.
Price corrections (some as big as 33-50%) will be happening all the time though as the bull is hard to ride, it tends to throw away those who don't hold tight. Segwit has roughly 6 more months to activate but the outcome of this "war" will probably be known before that. My gut says 3-4 months and then things will really start to change across the board. Bitcoin is too big to change: https://bitcointalk.org/index.php?topic=1908585
|
|
|
|
RewFrew
Full Member
Offline
Activity: 658
Merit: 144
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
|
|
May 10, 2017, 06:46:48 AM |
|
Bubble bubble bubble, what bubble are talking about? 1929 or 2008? if so cryptocurrencies have more than 10years before that big bubble.
In the meantime we are in very small bubbles sometimes because the crypto market is new and so small.
"99% of the people around me laugh when I speak about criptocurrencies. There is nobody inside this new asset class. How can we live in a bubble if 99% of the people I know do not even know what is this blockchain technology about? I think you are confusing high volatility with a bubble. Of course we will see eventually a bubble, but it will be a bubble when your taxi driver tells you how good is buying bitcoin! That will be the time to jump!" Said someone, and i'm with him.
a bubble has nothing to do with whether or not people around you know about that asset. it is all about price and how that price reached the current inflated state. and the two above descriptions match the situation in altcoin market 100%. - price went up rapidly : check - exceeding the intrinsic value of altcoins : check - followed by a dump : check - history of these altcoins being pump and dump : check If all these are checked, what the hell are you doing there? Sell all your crypto to dollars right now and exit!!!
|
|
|
|
|