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Author Topic: Are we moving towards the Global Crypto Currency Depression?  (Read 1372 times)
aesma
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July 13, 2017, 07:30:09 AM
 #41

Even at the top of the bubble I was reluctant to enter the alt world. I only bought a few ETH. Lost some money in a matter of hours, got out of there.

Holding only BTC, I'm quite happy about my choice to say the least !

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July 13, 2017, 09:21:55 AM
 #42

Even at the top of the bubble I was reluctant to enter the alt world. I only bought a few ETH. Lost some money in a matter of hours, got out of there.

Holding only BTC, I'm quite happy about my choice to say the least !

True! Even I bought some ETH one months back when the price was standing at 300 USD with the hope that the price will increase. It got increase to 350 USD but I kept the ETH thinking of long term. So I still have those ETH but if I sell it now, I will have to face a huge loss.

On the other hand I have been accumulating bitcoin since a long time now. I started when the price was at 450 USD. Even after the current situation, I am  sitting on to a huge profit. Bitcoin is the best investment asset right now in the crypto world.

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prehisto
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July 13, 2017, 10:09:32 AM
 #43

Even at the top of the bubble I was reluctant to enter the alt world. I only bought a few ETH. Lost some money in a matter of hours, got out of there.

Holding only BTC, I'm quite happy about my choice to say the least !

True! Even I bought some ETH one months back when the price was standing at 300 USD with the hope that the price will increase. It got increase to 350 USD but I kept the ETH thinking of long term. So I still have those ETH but if I sell it now, I will have to face a huge loss.

On the other hand I have been accumulating bitcoin since a long time now. I started when the price was at 450 USD. Even after the current situation, I am  sitting on to a huge profit. Bitcoin is the best investment asset right now in the crypto world.

BTC is possibly the best investment in the world not only in the cryptocurrencies. Where else you can see such an enormous growth and Volatility...

I like ETH because it has a big potential and larger volatility than BTC thus its very attractive as a investment short term or in right time- long term. Will definitely invest in it some time.



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July 13, 2017, 10:22:07 AM
 #44

I think the current market situation is based on ico
Lots of ico projects, unlimited circle money
For example: EOS,status,the required funds,I was shocked Cry
(The market is likely to have reached a tipping point)
senin
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July 24, 2017, 10:39:34 PM
 #45

I don't see how can you ask if we're in a "crypto depression" when the exact opposite has been happening for months. Bitcoin has risen in price quite a lot recently and even a bunch of altcoins (especially some that are very well known, or are at least the most used altcoins) had quite a reasonable increase, price and volume-wise...
Indeed, what kind of depression can there be, if even ten days before the first August there was a fairly decent appreciation of both bitcoin and the main alternative crypto currency? Moreover, the latest news with scaling is pretty optimistic.

KrakAJAX
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July 24, 2017, 10:52:25 PM
 #46

I don't see how can you ask if we're in a "crypto depression" when the exact opposite has been happening for months. Bitcoin has risen in price quite a lot recently and even a bunch of altcoins (especially some that are very well known, or are at least the most used altcoins) had quite a reasonable increase, price and volume-wise...
Indeed, what kind of depression can there be, if even ten days before the first August there was a fairly decent appreciation of both bitcoin and the main alternative crypto currency? Moreover, the latest news with scaling is pretty optimistic.

While there is a lot of optimism right now any regulation could change it any day. But lets say the chances are very very low.

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youdacapt
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July 24, 2017, 10:59:06 PM
 #47

I don't see how can you ask if we're in a "crypto depression" when the exact opposite has been happening for months. Bitcoin has risen in price quite a lot recently and even a bunch of altcoins (especially some that are very well known, or are at least the most used altcoins) had quite a reasonable increase, price and volume-wise...
Indeed, what kind of depression can there be, if even ten days before the first August there was a fairly decent appreciation of both bitcoin and the main alternative crypto currency? Moreover, the latest news with scaling is pretty optimistic.

While there is a lot of optimism right now any regulation could change it any day. But lets say the chances are very very low.

There is no definitive system before August, the system could turn 100% after the process occurs and many markets have been warned. The price has started to fall, and I think it will affect until early next month. We need not be nervous, all we have to do is prepare everything that may happen.


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