Yeah, we're in a bubble...

[StinkyLover]

I believe in the long term future of the blockchain, but late 2017 was a bubble, no doubt, and I believe it will be remembered that way no matter what happens in the future. It doesn't have to go to zero to be defined as a bubble. Remember the dotcom bubble? The internet is still here but no-one denies that the bubble burst for some time.

Towards the end of last year my phone was blowing up every day as though I was some kind of drug dealer with some new synthetic drug. People asking where they can get bitcoin (almost screaming). It was frantic. Almost frightening. I don't involve myself in that stuff. When it goes wrong (as it just has) it'll be me they want to blame. No thanks!

I still believe in bitcoin and crypto and there's still a lot more growth potential for the market. Hopefully the people who got burnt will now appreciate the volatile nature of crypto. Some people were SO CONFIDENT that the only way was up!

[StinkyLover]

I think it's also a great time for alts as well. Personally been looking into ITC for a while and they were even featured in cointelegraph. https://cointelegraph.com/news/unknown-heroes-little-coins-that-generate-big-profit

Love it. There's growth to be had if you research hard enough. Forgive me brothers, but I'm glad there was no ICO for Raiblocks. That one was PURE f***ing luck!

[Rabbai89]

I  have faith in this market!

[beggo]

No way we are in a bubble. We are in the early adoption stage. We are the early adopters who will shape cryptos future and be the ones that reap the rewards. We only have $400 billion USD into the market right now which is not even a lot!! Apple alone has more market cap than the entire crypto community put together. We are just getting started!! Hold on to your seats and keep hodling those crypto!

[kruzer200]

Already more than once I meet with a statement of some sort of banners about the fact that it's all a bubble. but the main difference is that the bubble is created only because of money, but the cryptocurrency is something more, these are real projects that are already changing lives

[StinkyLover]

Does this graph remind you of anything??

http://www.internethistorypodcast.com/2017/01/the-history-of-the-dotcom-bubble/

Now look at this:

https://coinmarketcap.com/charts/

There's even a classic noob-trap on both graphs. I hope there's not much further to drop!

[integrap]

I think it's also a great time for alts as well. Personally been looking into ITC for a while and they were even featured in cointelegraph. https://cointelegraph.com/news/unknown-heroes-little-coins-that-generate-big-profit

I dont think so. Altcoins are crying as well. We need volume. Marketcap melted fifty-fifty. Now even alts act same as bitcoin. When bitcoin were falling down, alts were going up. We cannot say that bitcoin is a bubble. Correction was needed and it happened.

[luongdk]

Cryptocurrency will grow more and more. This is only for keeping it closer. More people read it - less become investors or participants of crypto programs, and of course less people will get their money) I think so
Don't believe this

[samvel86]

Another statement from the media, trying to make bitcoins look bad, they probably want to see that the price is going down.