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Author Topic: Another Bubble Already?  (Read 3224 times)
shamzblueworld (OP)
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June 09, 2017, 03:04:20 AM
 #1

Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago.
Any news? What caused this?
cryptosifu
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June 09, 2017, 03:06:32 AM
 #2

Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago.
Any news? What caused this?

Don't worry about the bubble and you'll make some money.  Be fearless.
dbc23
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June 09, 2017, 03:08:12 AM
 #3

This is just the normal up/down of the market, the bubble we're in is MUCH bigger and started 2-4 months ago.  When that pops it's going to be MUCH more dramatic than what we've been seeing the last few weeks with big gains and modest losses. 
k@suy
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June 09, 2017, 03:10:54 AM
 #4

I think its a normal cycle red - green pump and dump etc.  Just trade with the top performing coins and those with solid uses where big industries are  having a tie-up. Some are for long term trade also.
Alex_He
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June 09, 2017, 03:11:57 AM
 #5

This is just a small bubble inside a big one.
2bfree
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June 09, 2017, 03:29:00 AM
 #6

You don't know it's a bubble untill it burst. If that Facebook guy comes next month and buys 10 billion worth of bitcion then this right now is not a bubble but if he had a 10 billion of bitcion and sells it all then it was a bubble so you don't know.

I find it rediquolous people try to predict if it's buttle or not THERE IS NO WAY market is crazy stop trying to predict it you don't know when few rich peopple can pop you or blow market up.

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CryptoMensch
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June 09, 2017, 03:52:52 AM
 #7

We are still on a bubble, these have been some tremors (up and down)

BANCOR
rowenta01
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June 09, 2017, 06:31:43 AM
 #8

You don't know it's a bubble untill it burst. If that Facebook guy comes next month and buys 10 billion worth of bitcion then this right now is not a bubble but if he had a 10 billion of bitcion and sells it all then it was a bubble so you don't know.

I find it rediquolous people try to predict if it's buttle or not THERE IS NO WAY market is crazy stop trying to predict it you don't know when few rich peopple can pop you or blow market up.

Thank you for this reflection!

We do not know if it is a bubble or not, or the behavior of a market in full growth .. in fact we know nothing!

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Woogy
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June 09, 2017, 06:45:23 AM
 #9

Funny people still talk about "bubble" alt coins will continue to rise better get out of your bubble and accept it.
BitWhale
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June 09, 2017, 06:50:43 AM
 #10

Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago.
Any news? What caused this?

Who said it ever ended? Tongue that's the fun thing about bubbles, they are extremely unpredictable.
arpon11
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June 09, 2017, 06:53:24 AM
 #11

Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago.
Any news? What caused this?
Bitcoin and others crypto currencies Are still at an infancy stage and we cannot really do anything about price bubble now. We can have stable price after market capitalization is above 1trillion dollar. Now few people that has huge investment are manipulating price to their favour.
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June 09, 2017, 07:00:55 AM
 #12

Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago.
Any news? What caused this?
Bitcoin and others crypto currencies Are still at an infancy stage and we cannot really do anything about price bubble now. We can have stable price after market capitalization is above 1trillion dollar. Now few people that has huge investment are manipulating price to their favour.
I think you might be right about altcoins but bitcoin is rather juvenile, for it has shown the world what it is worth and now we can also see its big disadvantages. I guess we can't call it a bubble yet, because we are those who make the currencies worth so much money. Basically, they are backed up by our trust and it is up to us to decide whether it was a bubble or not.

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sumit513
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June 09, 2017, 07:23:51 AM
 #13

Only traders have to worry about the bubble.
gamaman990
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June 09, 2017, 07:26:15 AM
 #14

Many new investors are pouring in. The market is so undersupplied. So it's not a bubble. The sudden dips should be the work of large boys trying to tweak markets and many bot trading follow suits. My strategy is buying on dips and holding.
rngkll
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June 09, 2017, 08:20:52 AM
 #15

This is just the normal up/down of the market, the bubble we're in is MUCH bigger and started 2-4 months ago.  When that pops it's going to be MUCH more dramatic than what we've been seeing the last few weeks with big gains and modest losses. 
Totally agree, we're in for a bumpy ride the next year.
JosNekoKopa
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June 09, 2017, 08:22:08 AM
 #16

I think this is exaggerate, all this talk about balloons and possible burst.. Face it it is just a good year, bitcoin as leader is on the move, and all others just follow naturally. Also we have very nice coins and they becoming very popular we can call this founding.
Charloz24
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June 09, 2017, 11:44:34 AM
 #17

I think this is exaggerate, all this talk about balloons and possible burst.. Face it it is just a good year, bitcoin as leader is on the move, and all others just follow naturally. Also we have very nice coins and they becoming very popular we can call this founding.

All others (like you said, but Alts in my words) do not just follow it, they get much more increase than Bitcoin and some is in position to probably take the Bitcoin crown.
pizamoi
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June 09, 2017, 12:40:12 PM
 #18

Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago.
Any news? What caused this?

People are just so euphoric about cryptos, and maybe they are right to be so. At the end of the day its impossible to say when we are in a bubble, or more accurately when we are near the top. I think just invest in what you believe in and forget if its a bubble or not. I think its way too soon to start calling things out as a bubble.
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June 09, 2017, 01:24:18 PM
 #19

97% of the global population never heard of Bitcoin.
99.99% never heard of any altcoin!

While numbers are from May, they are pretty accurate I believe. Image what will happen when 10% of the global population will use crypto like us on a daily basis, that's 700.000.000 people. Imagine that, and, after that, imagine the prices of our precious coins.

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June 09, 2017, 01:41:27 PM
 #20

A law of nature is that stuff that is big will trickle down into what is smaller, like a tidal wave or a river... it can work the opposite way too, where small stuff flows into big and they form a synergistic harmony.  Bitcoin and ETH and trickling down to promising and not so promising altcoins.  We have a global economy with a combined credit value in the hundreds of trillions of dollars trickling down into the next big thing, crypto currencies and the blockchain.

I thought people at work didn't know much about investing in silver or gold, much less platinum or palladium.. well mention bitcoin to them and for the most part, their eyes gloss over and they have no idea... it's amazing how disconnected the general population is from anything of substance or depth. People's knowledge consists of very superficial things and it takes literally being hit in the face for them to notice anything else.

Sex, sports, movies, hunting, tats, music, alcohol, bars, clubs, and food.. that sums up the average person's existence (in America) and level of knowledge besides whatever specialized field they happen to get into. Not trying to sound judgmental, because in fact I'm not.. it's biologically driven and I'm into mindfulness and openness and acceptance anyways, it's nonetheless fun to observe. Smiley
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