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Author Topic: Another Bubble Already?  (Read 3266 times)
teeneffigy
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June 09, 2017, 02:19:31 PM
 #21

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.

If someone bought up 10 billion of BTC the price would rise so much that all alts would crash in the BTC bull run.
mamaya
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June 09, 2017, 02:21:23 PM
 #22

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.

If someone bought up 10 billion of BTC the price would rise so much that all alts would crash in the BTC bull run.

And it wouldn't just be because he sold it would be because everyone else realized the crash was a bubble bursting and everyone would sell. People always seem to think its up to a single or just a few people when its not, its herd mentality.
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June 09, 2017, 03:04:47 PM
 #23

Don't know, I think there is nothing certain in crypto ecosystem, time will tell

2Pac
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June 09, 2017, 03:26:38 PM
 #24

Call it bubble if you want but there's a fact that whole crypto currency market is rising faster than ever for 3 months. There's a bunch of new money coming in to the market, that affect the prices. This will go on until new money stop coming in. I guess we will have bull market for another 3 months too.
JosNekoKopa
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June 10, 2017, 09:42:05 AM
 #25

Call it bubble if you want but there's a fact that whole crypto currency market is rising faster than ever for 3 months. There's a bunch of new money coming in to the market, that affect the prices. This will go on until new money stop coming in. I guess we will have bull market for another 3 months too.
People have misunderstood of this topic, new money, "fresh blood" is not responsible for this situation, it just an effect of ETH, Monero and Dash whose pumps showed resistance toward BTC supremacy, this brought more power to other alts. We can say   best alts are responsible for successes of all alts.
tehMoonwalker
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June 10, 2017, 12:20:37 PM
 #26

yes we are in a huge bubble! sell all your coins and burn your house !
g___
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June 10, 2017, 01:37:41 PM
 #27

Sex, sports, movies, hunting, tats, music, alcohol, bars, clubs, and food.. that sums up the average person's existence (in America)...

way to generalize / offend...
RedNovember
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June 10, 2017, 07:38:43 PM
 #28

Every time the price rises a bit, and everything goes green, then people think it's a bubble

This is a roller coaster ride just enjoy it

Don't worry about small rise and fall look at the bigger picture
TKeenan
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June 10, 2017, 11:02:14 PM
 #29

I remember when ETH was first getting started and people said they felt like it was pumping too fast and was a bubble and would be corrected. Of course the DAO hack happened and what not, but you'll always have doomsayers. Will it eventually drop some? Very likely. When? If you knew that, you'd be rich (sell off most of your holdings, and short the rest for maximum profit).
Yuuto
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June 10, 2017, 11:08:54 PM
 #30

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?

Altcoin has been in a weird state recently. It just keeps on rising even though all the indicators say that it's going to go down very soon. As we speak now the coinmarketcap page is around half red/half green. Most of this activity is caused by the increase of bitcoin price as well, since coinmarketcap measures altcoin worth in USD terms. Personally I just don't see this as sustainable growth. I mean especially when bitcoin dominance is at an all time low of 43%, it's not going to last very long. There is absolutely no reason for ripple and ethereum market cap combined to exceed bitcoin's.
HanSchultz
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June 11, 2017, 06:27:22 AM
 #31

We are seeing a rally in some of the coins but there is a negative rally in some coins too,if you look at the biggest losers you could see that some coins have lost over 25 % in the pasts twenty four hours and the volatility remains huge in almost of the coins .If you are following a coins just check the range in which the coins are trading and then you could understand how things work.
jritz2344973
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June 11, 2017, 07:36:40 AM
 #32

bubble is more and more bigger
I had sell some BTC
ethereumhunter
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June 11, 2017, 08:08:00 AM
 #33

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?

we are see everything in coinmarketcap is green and red too many times and i think we are in another bubble. i think its not too soon because this is already happen and many coins has rally to increase the price. i think its good for us because we can make another profit and if the price is getting up more, then we can increase our profit.

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Qunenin
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June 11, 2017, 02:01:37 PM
 #34

Ah, the term of the year, bubble.  Let's throw tulip in there for good measure.  There are market indicators and there are true bubbles.  Once a term hits the forums and the chat bars, there is no stopping it and the term will be used, over-used and abused until it has run its course.  This is, of course, by definition, not a bubble, but it is defined as market course rise as defined by the economics community in 1932.

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charlescoin
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June 11, 2017, 06:00:15 PM
 #35

I think we are still in the early phases of bubble formation and don't think we will truly be there for another 6-12 months once altcoins hits mainstream news day in and day out. That is when the average person starts putting all their money into any and every coin and those are the same people that will panic sell once their coin drops a few %.
ixne
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June 11, 2017, 08:34:31 PM
 #36

Speculating is fun and all, but the best thing I ever did was buy a bunch of btc in 2011 and just leave it alone.  I play a little with change here and there, but I think the bigger, long term questions - e.g., are cryptocurrencies here to stay? - are easier to guess than what some random coin is going to do in the next 24 hours.
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June 12, 2017, 12:43:50 PM
 #37

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?

Bubbles are necessary for a prosperous market. Don't worry, it's not yet time for the bubbles to pop.

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June 12, 2017, 04:04:06 PM
 #38

Yes, ico bubble. If you come with an idea and team you can easily collect million dollars.
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June 12, 2017, 05:13:12 PM
 #39

Damn, almost everything went into red zone today, looks like some sort of bubble popped. But overall i think the general trend is upwards, as the popularity of altcoins is increasing. Also, it looks like ETH could surpass BTC in market cap any week now.
Considering all the events, i think the prices of majority of altcoins, will continue to grow over the next weeks and further away.
Barbarian
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June 12, 2017, 11:48:45 PM
 #40

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?
Bubbles cannot be recognized as bubbles immediately, we need to wait after the fact to now that something is a bubble, only after we see a fall in the price we know we were in a bubble.
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