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Author Topic: Is crypto bubble bursting finally?  (Read 3845 times)
Dejoe75
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May 12, 2018, 08:02:19 PM
 #61

The crypto market remained consistently green for about two weeks and suddenly it's turning red again. Though I don't understand the reason behind the current development, I believe that the recent granting of Cryptocurrency ETP license to the Winklevoss brothers, Microsoft buying of shares in some exchanges, and the declaration of intent by Goldman Sachs to join the crypto exchanges are all signs that crypto has come a long way.
Things are going to improve; only that those worthless coins will soon be flushed out of the system.
3DBrushes
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May 12, 2018, 08:08:01 PM
 #62

Bubbles come and go but it won't stay forever. This is how the market works. New technologies always create bubbles. Though some fake projects popped up just to loot users. These will disappear once the bubble bursts.

 
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mkumar76
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May 12, 2018, 08:43:48 PM
 #63

I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?

bubble is situation where first people buy anything in FOMO and everyone say buy buy buy , they even dont realize whether we need that thing or not or any usability . but after a peak no more buyer or high supply and less demand , it start crashing . people who bought that thing in greed will sell it instant . result in sever crash .
in bitcoin too some people are fomo and bought btc and other alts even with loan , but btc always show a big dip and we get rid of such people . also it has real benefits in life bcoz of blockchain technology . so i don't think it is a bubble .
The_Dark_Knight
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May 13, 2018, 01:14:34 AM
 #64

Crypto isn't a bubble.

Crypto market isn't the only one that suffers today, it may take a long time before it fully recovers but when the crypto market was in big correction at the very beginning of this year.

Stock market did also suffered from it.

It's normal as crypto market has a lot of well experienced traders not only in crypto but in some other markets too and they are not just small time traders but they know when to take profits altogether.
Cryptocurrencies are not a bubble but we cannot deny the fact that the price will bubble from time to time and that there are many coins which are completely useless, this in return makes the market a lot more unstable, I cannot really wait for the day in which most of the useless coins will disappear and we are only left with the strong projects.
btc78
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May 13, 2018, 01:41:48 AM
 #65

I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?
market cap didn't reached 800$ billion,its $875 billion only so dont over exaggerated,and price are corrected now so you have no chance of seeing any bubbles as of this time,so now whats the real questiom here?i dont see that there something needs to be answered here aside from that confusion

Dragonrage201
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May 13, 2018, 01:45:19 AM
 #66

This is the not the first correction nor it will be the last. All bull markets go through multiple correction on the way to new highs. Market will recover and go back to new highs later this year or next for the patient holders.
marcbitcoins
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May 13, 2018, 01:48:17 AM
 #67

I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?

Crypto will not be a bubble and what happening to the market is not to be called collapsing but it was just manipulated by the big whales like Mt.Gox in which its all over the news. When you say bubble its mean the end of it and when you say collapsing it means its going down continuously but these did not happen in Crypto currency market in which after the price performance will dip it will rise up again like a roller coaster ride.
sclmte
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May 13, 2018, 01:50:16 AM
 #68

The market is still new and is adjusting, after last year's boom it is normal for adjustments to take place. There are over 1500 tokens, this year should pass 2000, how many will have long-term relevance? Sooner or later a big adjustment will occur and only what is relevant will be left over.
For the massive increase of coins in the market, its obviously some of them are in deeply sleeping and left into the dark side by devs. Investors are looking for good coins which definitely give them profit in the future.
solarion
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May 13, 2018, 02:07:26 AM
 #69

I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?

Crypto will not be a bubble and what happening to the market is not to be called collapsing but it was just manipulated by the big whales like Mt.Gox in which its all over the news. When you say bubble its mean the end of it and when you say collapsing it means its going down continuously but these did not happen in Crypto currency market in which after the price performance will dip it will rise up again like a roller coaster ride.

This time news came from the Korean exchange regulations made the price drop in the market mate. Please do not consider the dump and negative news. Whenever the regulation take place after we see many people comes to exchange with out any problem.
So do not go to sell the bitcoins or any alts in these kind of times. Mostly it would give lose only then why people going to sell the coins unnecessarily.
moneyangel
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May 13, 2018, 02:51:49 AM
 #70

I'm really confused about the crypto market. As i see at other bubble in past crypto bubble seems nothing in from of them the dotcom bubble was over 6 trillion dollar 18 ago from now and the Cryptos is just collapsing just after touching 800 billion which seems nothing in front of other massive bubbles. What u guys think?
It's not a bubble as the cause of dropping was due to correction and this is normal if we are doing a rally as the price went high and it needs to remove those panic buyers. Somehow after the correction the market will bounce back as nothing happens.

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bitcoinzen
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May 13, 2018, 05:33:45 AM
 #71

well crypto is not a bubble in one word crypto is growing with the pace of technology and prices will get settle as per the market expectations we cant call crypto as bubble
laurenB7742
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May 13, 2018, 06:09:19 AM
 #72

Crypto isn't a bubble.

Crypto market isn't the only one that suffers today, it may take a long time before it fully recovers but when the crypto market was in big correction at the very beginning of this year.

Stock market did also suffered from it.

It's normal as crypto market has a lot of well experienced traders not only in crypto but in some other markets too and they are not just small time traders but they know when to take profits altogether.

That's correct. There is no market that goes only in upward direction, every market takes a correction after a massive increase. Stock exchange saw a massive global sell-off in Jan 2016 due to collapse in crude oil price but stock market never burst due to that collapse rather recovered.

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yonton
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May 13, 2018, 06:32:45 AM
 #73

Everyone is so stupid lol the bubble already popped in december. DUM DUM Have you been living under a rock. Were already beginning our next bubble to 100k
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May 13, 2018, 07:45:42 AM
 #74

Many economic bubbles happen in this world, such as Tulip mania or dot-com bubble that occurred in 1955-2000. From the incident, both economic bubbles are not sounded to this day. Unlike the cryptocurrency when the price reaches ATH but a moment later its price drops to the lowest price, to date there are still many investors who put hopes to raise the price again.

Much other support when I disagree with cryptocurrency equated with an economic bubble that already happened, like blockchain that will change all system in the future. With the blockchain, I have a very convincing conclusion for cryptocurrency will remain in the future and will remain valuable.
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May 13, 2018, 09:11:04 AM
 #75

from 2009 to 2018 , if we properly check biggest dip in btc prices and all time high after that Dip we will realize that it is not bubble , otherwise no bubble burst again and again , it is dipped more than 70% atleast 4-5 times in last 8-9 years . but its main quality is it bounce back from that dip and touch new all time high . community is positive on its future .
khufuking
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May 13, 2018, 09:16:01 AM
 #76

I think the recovery we had is pretty healthy we had a huge uptrend from November and the bonus back was pretty normal , as long as BTC not touch under 2000 I do not see any bubble bursting . A lot of people made millions during that last huge uptrend and it was normal to see a lot of them collecting profit .
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May 13, 2018, 09:31:37 AM
 #77

Simply there is a reassessment of many projects. I think all the fun is yet to come.
grendel25
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May 13, 2018, 09:38:51 AM
 #78

Crypto is a bubble.  Dot-Com was a bubble.  The housing market was a bubble.  Guess what?  None of that matters because even after various bubbles burst life goes on.  Here we are on the internet, land of the dot.com and dot-coms still make tons of money.  The housing market crumbled because of risky loans.  But bubbles teach us things and hopefully we implement changes to prevent future bubbles.  But we all know it will happen again.  It's just a matter of time. 

The important thing is to see past the bubbles or brief market crashes.  Be ready to buy cheap assets when you know the value will return.

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DZU1410
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May 13, 2018, 01:09:24 PM
 #79

The fact that the total capitalization of the market can exceed 800 billion and become even higher in this there is no doubt. After all, now everything has gone steadily upwards to beat new records and win its client.

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May 13, 2018, 03:44:38 PM
 #80

I think there is no bubble to burst about cryptocurrencies. Every coin has volatile prices, and in my opinion this volatility is not the meaning of that all of these currencies are not reliable. Of course there are a lot of scam coins which they are not giving trust, but don't forget that, volatility is the nature of all cryptocurrencies.
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