It isn't a bubble

[Boxxl]

Hi,

I'm glad the shitcoins from 2014 are almost gone..
All these new coins have some interesting projects.

I think the whole world will use the blockchain for:
- Tax Fraud Activity
- medical technology
- computer learning / AI
- gaming / vr
- bank transactions
- a lot more...

We aren't there yet, but I think it will be BIG.
What future coins do you follow?

[foxberg]

ofc it will be big. Question is what will stick around and be successful. It's the wild west out here!

[Ayers]

yeah i'm with you on this one, shitcoin of 2017 are far better than the purely pump and dump of 2014, they evolved now, they offer some nice features, that can be good in the later era of adoption of altcoin, i think soem of these coins will never die, and will remain active with bitcoin, perhaps used to buy stuff when regulated correctly

[Baofeng]

yeah i'm with you on this one, shitcoin of 2017 are far better than the purely pump and dump of 2014, they evolved now, they offer some nice features, that can be good in the later era of adoption of altcoin, i think soem of these coins will never die, and will remain active with bitcoin, perhaps used to buy stuff when regulated correctly

I think the shitcoins of 2014 has slowly died. But there are also shitcoins popping here in there in 2017. Some just stood the test of time and stay along with bitcoin. However, I think you are right, they will just evolved with new names, so I guess we still need to validate them before putting our investments in them.

[kioicoin]

yeah,more and more application will be release by Blockchain
it's more technology develop coin release!

[webtricks]

Yep, I agree. We are in phase of ground adoption already and with time being we gonna see more places accepting cryptocurrencies. So it is wrong to say cryptocurrencies prices simply bubble as they aren't anymore.
One place I think having huge scope of cryptocurrency development is gaming as you mentioned. There are several sites offering games of different ranges, if they all gonna accept cryptos as their internal currencies then demand gonna shoot many times. Imagine Miniclip providing you cue in 8 Ball Pool for Ethereum

[Gotottack]

I like how zcash works. This blockchain technology is worthwhile for healthcare and medical field type of business to implement. In zcash, people will be able to write their transactions in their block chain, but there is this feature were the sender and the receiver are anonymous but people can see the transaction on the blockchain. This means it has been written on the blockchain, just that it is unknown to the public who owns such transaction. What's nice too is that this information can be revealed to a selected few. That few can be picked by the sender or receiver.

[oddwh]

I agree too. I remember in 2014 when an innovation was sometimes only a coin with faster blocks 
Sometimes, the only innovation seen was the name of the coin, representing something but there was nothing behind.

[benthach]

yes, it will be BIG!

[elite3000]

how could the blockchain be used for gaming and VR and for medical technology

[chalkboard17]

there are still many people abusing this system and trying to pump a coin in order to make money. Therefore, a bubble can appear in any coin except some top 10 coins. Therefore, always prepare for the worst situation

[inimitable777]

People get smarter, nowadays is not enough to make coin with fancy name and expect it will get sucess. Cheating people today is more harder than in 2014

[Boxxl]

how could the blockchain be used for gaming and VR and for medical technology

Sorry I mean science:
Like the supercomputer Golem: https://golem.network

If you need superpower you can use the blockchain for VR:
http://www.coindesk.com/blockchain-powered-vr-world-enters-new-testing-phase/

[kryptqnick]

I hope you are right. Even in Ukraine there have been some projects sponsored by Microsoft related to implementation of blockchain technology into different business ideas. If coins really get used and become a part of some real things people need and like, the prices won't fall but can even grow more. Nevertheless, I think now they are quite fake and are so hich due to newcomers which get interested and just buy and hold the currencies.

[anryze]

You're right. Blockchain will be used in lots of fields of our life.
Probably, you know such company Bitfury - they develop blockchain solutions for government, last contract they signed was a project connected with state auctions in Ukraine and they have much more projects, so in next few years we will a lot of technologies around.

https://ico.anryze.com

[dissident]

Of course there's a bubble.  I've analyzed and reanalyzed the charts of bitcoin and the total market cap and have come to the conclusion that the bubble has not burst yet... we have higher highs and higher lows... now that's not to say the bubble couldn't burst in the next few days, but it hasn't burst "yet" ..  during the 2013 bubble the exact day the bubble burst was December 5th, when bitcoin failed to break the previous high to maintain the uptrend and instead broke the long term trendline. You had a couple of precious days there to dump at a decent price.  Right now we haven't done that yet.. the longer term trendline remains in place.

Until then, I'm taking no action, since I was at work today and missed the opportunity to snipe some cheaper coin around $2200. I'll hold the alts I have while maintaining a cash position on GDAX and wait and see. Since I have off all weekend, I might dump $50K into bitcoin and see if I can ride it up, depending on the short term technicals.  I'd imagine cryptos are a day trader's wet dream. Nowhere in the stock market do you see these kind of percentage swings.   I never had enough money to bother swing trading until now. Might as well gain some experience.

[hase0278]

For me I follow many coins but I won't mention it here because it is too many to list. Even though many shitcoins from 2014 are gone, still there are many new shitcoins from 2017 that might be gone 2 to three years from now. Like the one who posted before me, I think bitcoin still has a bubble that could not burst yet because of strong buy support but it will burst sooner or later on.

[HashieNewb]

For me I follow many coins but I won't mention it here because it is too many to list. Even though many shitcoins from 2014 are gone, still there are many new shitcoins from 2017 that might be gone 2 to three years from now. Like the one who posted before me, I think bitcoin still has a bubble that could not burst yet because of strong buy support but it will burst sooner or later on.

There’s a bunch of Altcoins that claim that they are really working on something that will change how we do crypto though nothing really happens a few months after that announcement. The only coin I would want to see make it would be MaidSafe because they’ve been at it for years.

[taxmanmt5]

I really wish that people would research and not post topics based on half understandings of concepts.  The "Tulip Bubble" and other bubbles are defined as high prices paid for a service/item that has a fraction of the value.  Bitcoin is not that.  The price may fall to $100 and that is still not a "bubble pop".

[kkoh360]

I predict there will be a large correction before the bitcoin fork in August. Large ICOs have to convert their funds to fiat, as planned in their white paper.