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Author Topic: Do you consider ICO's/ETH a "BUBBLE"?  (Read 307 times)
iconoclast
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November 01, 2018, 01:25:08 AM
 #21

If you look at every major technological innovation for the last three centuries they created bubbles. Steam Engines, Steel, Railways, Electricity, Automobiles, Semi-conductors ,Internet.... All of them created a bubble as people rushed to invest in the next new thing. All of those things did not end once the bubble did. In fact you could argue that without investment bubbles and people putting time, energy and treasure into the next big thing that innovation would be so starved of capital that we would still be living in caves.

hacker1001101001
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November 07, 2018, 11:17:07 AM
 #22

Nowadays there are many ICO scam has consistently happened. And this is not good for the crypto market. Investors has afraid and not coming forward to making investments. So due to these scammers, the reputation of the crypto market has become worst.
Lighthouze
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November 07, 2018, 11:54:47 AM
 #23

A few ICO's may be considered a bubble especially as some of them have turned out to be scams, but not all and certainly not ETH. Though the era of floating next to useless projects and tokens and making millions out of them is now over, there are still a few projects out there in the space that will stand the test of time and actually do have use cases that are applicable in the real world.

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November 07, 2018, 02:39:26 PM
 #24

I might also consider this, because not all ico, especially right now is all legit. Some of it is a scam. If you turn your investment on a scam ico, then surely your investment is turning into a bubble instead of expecting massive times folds of gains. So better be careful on choosing ico projects.

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masterrex
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November 07, 2018, 03:27:44 PM
 #25

ICO's are really big business these days.

"An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.
Economic bubble" - Wikipedia


Intrinsic Value Definition | Investopedia
"Intrinsic value is the perceived or calculated value of a company, including tangible and intangible factors, using fundamental analysis. Also called the true value, the intrinsic value may or may not be the same as the current market value."

google: current market value of ICO's? <snip>

Exact definitions are not the point:
Do YOU consider ICO's/ETH a "BUBBLE"?
Discuss
Why or why not?
Definitely not why are you just point some meaning from Wiki"s they don't understand how crypto-currency works.We the users and investors has knowledge how crypto works just remember how crypto function its speculative in nature, its highly volatile and react with the publicity arround if its good or Bad. Ethereum soaring of prices was due to the demand from investors and its used case the "Smartcontracts" and its not a bubble the price was decline due to some bad decision to liquidate a large quantity of Ethers in the bear market and because of this the market was not able to absorb the dumping spree! that's why the ethereum price was down.
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