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Author Topic: Cryptocurrency is a bubble?  (Read 10210 times)
Holla123
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June 15, 2018, 01:31:01 PM
 #561

Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

Crypto currency did not get to the place where it is in a bubble. If you compare to some other charts there might be truth in that theory about a "cartel" suppressing bitcoin and the whole blockchain market, because the powers that be are scared of the technological and political potential. If you look at the current market cap it is a joke and super early days.

Right now the whole crypto market does not even have half of the market cap of facebook. If that makes any sense you will have to answer for yourself.
lenini
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June 15, 2018, 01:58:42 PM
 #562

According to the classical model, the economic bubble goes through 5 stages: displacement, boom, euphoria, financial distress and revulsion. Once upon a time such a novelty became railways. Then - the Internet, now - blockchain. If we believe in this classic model, we are at the stage of financial distress.
zhaviabieber405
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June 15, 2018, 02:05:25 PM
 #563

I don't really think so, it's brand new technology, high valuations are to be expected. I think it may take a while to get back to the heights it was a few months ago but it will get past that eventually.
sgenuine
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June 15, 2018, 07:10:53 PM
 #564

I think that cryptocurrency is indeed a bubble. He has no practical life applications. People want it because they want to rely on it to make profits! Not using its product!

I would never compare the cryptocurrency with a bubble. The crypto will be used for many years. Probably, it will partly replace fiat. I am sure that in future, people will feel free to operate with altcoins and BTC.
PaidFudder
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June 15, 2018, 07:16:36 PM
 #565

Have you heard this expression from the old financiers? Or usually bankers are so frightened. You can certainly be closed to everything new, but then you will miss the most advantageous offer, and when your nerves are turned over, then you will all go smoothly to this market in a period of low profitability, and you will not earn anything.

Crypto must live forever!)

grumpylittlepoodle
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June 15, 2018, 07:24:36 PM
 #566

Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

We can't tell that as long as the crypto is still functioning right now. We can't also tell that crypto is like a bubble because bubble when it goes up high and it is already in its limit it will pop instantly but crypto is i think i can compare that in seesaw, its moving in up and down only.

Healsmans
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June 15, 2018, 07:25:31 PM
 #567

Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
even it is a bubble, it must be the strongest bubble i have ever seen, so i really dkubt it. it has a lot of confusing parts though
Healsmans
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June 15, 2018, 07:26:15 PM
 #568

Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?

We can't tell that as long as the crypto is still functioning right now. We can't also tell that crypto is like a bubble because bubble when it goes up high and it is already in its limit it will pop instantly but crypto is i think i can compare that in seesaw, its moving in up and down only.
in my opinion bubbles are frauds and other bad things,but cryptocurrency is not a bubble, of course, so i do not think you can call it that way
linhna2712
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June 16, 2018, 03:19:13 AM
 #569

I don't think cryptocurrency is a bubble cause probably it'll stay long . if it has made it till here then why not for more . it has changed many things amd it might change many more .
kphonetic
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June 16, 2018, 10:59:09 AM
 #570

Whole crypto currency market is not a bubble but maybe some bubble created in some altcoin. Many coins have solid projects behind them and there value comes from their projects. This is your self made opinion but without any solid reason behind it.
keykey1
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June 16, 2018, 12:02:52 PM
 #571

According to the classical model, the economic bubble goes through 5 stages: displacement, boom, euphoria, financial distress and revulsion. Once upon a time such a novelty became railways. Then - the Internet, now - blockchain. If we believe in this classic model, we are at the stage of financial distress.

It is fancy comparing the cryptocurrencies with the bubbles or pyramids. The crypto is the future of our children. We have just started to deal with it, and the new generation will widely use different altcoins.
bahtiy
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June 16, 2018, 12:10:25 PM
 #572

A bubble is something that usually does not cost anything. What is not supported by technology or really useful features.

Bitcoin abd other cryptocoins are perhaps overrated - it can be. But it's definitely not a bubble.
Kettle255
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June 16, 2018, 12:28:31 PM
 #573

The cryptocurrency is not a bubble even if the crisis in the market in recent months would make people believe this. I think that the cryptocurrency is the currency that will be used by future generations, I do not see an end but an increase in its use in the next few years, so it's worth investing
kakawin
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June 16, 2018, 08:12:16 PM
 #574

The cryptocurrency is not a bubble even if the crisis in the market in recent months would make people believe this. I think that the cryptocurrency is the currency that will be used by future generations, I do not see an end but an increase in its use in the next few years, so it's worth investing
A lot of people are talking about the imminent approach of a new economic crisis, if this happens, then the crypto currency will have a great chance to grow very much. This proves that crypto currency is a future, not a bubble.
Healsmans
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June 16, 2018, 08:14:44 PM
 #575

Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
cryptocurrency is onot a bubnle, it is a strong system which helps us to gain a lot of profit, so i hope it will love long
Healsmans
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June 16, 2018, 08:15:28 PM
 #576

The cryptocurrency is not a bubble even if the crisis in the market in recent months would make people believe this. I think that the cryptocurrency is the currency that will be used by future generations, I do not see an end but an increase in its use in the next few years, so it's worth investing
A lot of people are talking about the imminent approach of a new economic crisis, if this happens, then the crypto currency will have a great chance to grow very much. This proves that crypto currency is a future, not a bubble.
a lot of people are afraid of cryptocurrency world, i think i can understand them, they just understand very little, that is why they are afraid
omitusaf
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June 16, 2018, 08:16:50 PM
 #577

Definitely not a bubble when you know what you're doing. Many people get in because of FOMO, not because they're interested in it. If you regard cryptocurrency investments as stock market investments or the like, you will do your due diligence in researching the coin. Then and only then will the bubble not burst.

dmgrinko1@gmail.com
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June 16, 2018, 08:25:47 PM
 #578

That's possible and we will get answer this year. Maybe next year but you should remember that even if it's a bubble, we will see something like market recovering after crash. So go on and look at this like at interesting opportunity to get experience and knowledge
snguyenthu196
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June 17, 2018, 09:25:53 AM
 #579

Naturally, essentially fluctuating, then why do most people think that crypto is a bubble, because the price is irregular, even when it increases and most fear the time when bubbles will explode. but in reality unlike what is feared.
yahata144
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June 17, 2018, 01:59:29 PM
 #580

Crypto currency itself is not a bubble. Based on the technology blockchein, it provides us with undeniable advantages over conventional cash and non-cash money. Working as a means of payment, it can not manifest itself as a financial bubble.
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