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Author Topic: the 2018 crypto crash is now like the 1990s dot com crash  (Read 1085 times)
cpfreeplz
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March 11, 2018, 07:47:04 PM
 #21

Lol this wasn't the same kind of crash, but okay. You could also compare it to tulips like that fat oldan, but there wouldn't be a point. This is technology that is already changing the world far more than the internet even will. The dot com bubble was because of idiots hyping about something you could do with any domain haha. You can't print more bitcoins though.

renes
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March 11, 2018, 07:53:31 PM
 #22

I think what is happening now is pure crash not correction etc. I think it will be not hard as dot com bubble, such crash will probably happen when bitcoin reaches prices above $50K.
cryptopusa
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March 11, 2018, 07:55:21 PM
 #23

Dude you are comparing two different technologies,dot.com bubble was caused by many idiots from the past who doesnt know anything about anything but today cryptocurrencise and people has evolveed more aware to what will happen in the future,predictions are too accurate most of the time that is why people wont lose that much compare to the previous internet bubble.

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March 11, 2018, 07:56:44 PM
 #24

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore

I think it is still usual correction. Also I see that new start ups gather a lot of money during ICO every day. So it is just beginning of blockchain technology development    

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March 11, 2018, 07:57:51 PM
 #25

Dot com's crash can never be applied to that of Cryptocurrencies. They are two different things and operate on a different basis. Crypto is providing a tangible service and people are beginning to embrace most of it. That the market went down for sometime doesn't mean that everything is about to crash. It will soon build up.
ethergod
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March 11, 2018, 07:58:25 PM
 #26

Too many people jumped in thinking this was easy money, rather than researching the coins and being selective. There are good coins out there if you look.
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March 11, 2018, 08:01:07 PM
 #27

People from the past doesnt have good idea what they are into,people today is getting more aware because we have google that can answer most of the questions today,from the past people really dont have any idea that is why they just based these fact from the rumors or news around the community.Crash would be expected these days because of the high volatility it wont be a suprise.
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March 11, 2018, 08:03:16 PM
 #28

If so there will be some solid project which can survive, and that sounds not bad all.
Better get rid of bad apples.
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March 11, 2018, 08:08:04 PM
 #29

many assets have such feature as rising and falling in prices. just look at oil - the price was over $100 and falled under $30. cryptocurrency market is young so such volatility is a common situation.

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SparkyU
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March 11, 2018, 08:13:19 PM
 #30

These are corrections, not crashes.  People have to learn the difference.  A crash is when a price drops to essentialy nothing and the value is lost permanently.  BTC and most everything else that is solid is still way way way higher than it was a year ago.
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March 11, 2018, 08:15:41 PM
 #31

Lol, I still can not see a crash. The crash happens very quick even at traditional markets, bitcoin`s price now is like in November, a lot of altcoins worth much more than in November.

Yeah, this isn't the same  The underlying technology is more important than the internet. Blockchain changes how transactions work!  I think that on day we will look back and this drop from $20K will be a blip on the radar


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March 11, 2018, 08:25:01 PM
 #32

We have very differnt situation from the past,the internet bubble is too small compare to the cryptobubble,but the people are more aware the risk that they taking today unlike from the pastthat people only rely to the rumors,that is why today would be very different because the technology today can give you assurance to the possibilities,we have already google that may answer your questions.

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April 14, 2018, 07:50:33 PM
 #33

no, blockchain is just starting. its only in infancy stage just wait a couple more years and it will reach its peak and see the price then

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April 14, 2018, 07:55:10 PM
 #34

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore
Agreed. Now invest ordinary people or enthusiasts who understand and believe in a bright future. And cash bags so far are afraid to invest their money in this niche.
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April 14, 2018, 08:02:47 PM
 #35

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore
I agree that a crash is always possible, but I disagree that lack of investors can lead o a crash, the dot com crash involved a small niche of people the world is quite smaller now with globalization and better technology that then, so getting investors will never be a problem if you have something good to offer.

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April 14, 2018, 09:18:37 PM
 #36

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore
You sow panic and confuse people who have just learned about cryptocurrency. You always need to think with your head, to have a plan in case of growth and in case of market decline, but as it became known now to cryptocurrency such large players as Rockefellers and George Soros looked. I hope everyone knows what these people are and what it means for the cryptocurrency market.

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April 14, 2018, 09:20:30 PM
 #37

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore
I doubt the already begun market of bears, because there was very little capitalization, I think the main growth is still ahead.
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April 14, 2018, 09:54:50 PM
 #38

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore

It's a bit like the 1990s dot com crash.

People know that crypto is going to be a promising investment, but they cannot accept it yet. So yes, it is going to take a whole new generation, just like internet stocks in the 1990s. But, just like the dot com stocks, I think cryptos will prove its worth in the long run. If you invested at the peak of the dot com bubble into amazon, you still would have gotten over 1000% returns now compared to 20 years back. Unlike stocks, crypto prices does not depend on the revenue that it generates since it's not a security.

I think you're overly bearish, however. I'd say there's going to be a bear market of around 1-2 years, I don't think it's going to be 4 years.
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April 14, 2018, 10:11:17 PM
 #39

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore

Nonsense. The two events have nothing incoming.

First the crypto did not crash, and second the whole crypto Market Cap is $319,789,617,637, which is nothing compare to the real economy bubbles.

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April 14, 2018, 10:23:13 PM
 #40

just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out

its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore

Nonsense. The two events have nothing incoming.

First the crypto did not crash, and second the whole crypto Market Cap is $319,789,617,637, which is nothing compare to the real economy bubbles.

So it is. There was no crash. Just compare the prices today with last year. Nearly all well established cryptocurrencies are still up. It was just a little correction. But the signs for new ups are good as we can assume after G20. Man governments are more positive minded, than against the cryptocurrency technologies.
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