Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: doctordevil on November 20, 2017, 11:12:13 PM
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Are you scared about the possibility of a crypto bubble? What do you think about it?
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I'm not afraid of this.
I think that this history of cryptobubble is only a fake.
There are a lot of people that want that crypto will fail because then they can buy it to a ridicolous price and do a lot of money.
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I'm more worried about a stock market bubble than a crypto bubble.
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There's always that chance that it could become a bubble. But what would be left when it pops are the strong ones. That's why I always choose the strongest and the most stable coins. Also when investing to ICOs, I always look at the team behind the project. I think if the team is solid and has excellent background on blockchain, they will definitely do great in the industry. Like this project for example https://vlux.io/ I think they're doing great so far.
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However, the bubble problem in bitcoin does exist. In the future, bitcoin will grow to large price values, while at the same time a manifestation of high volatility, which in this case will lower its price and negative news will cause a panic, which in turn will lead to a very large drop in its rate, before practical depreciation.
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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.
for me it is worth the investment, as long as it is consistent and has its own stance so it is not easily affected by bad crypto news
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the bubble is getting bigger and it will in time be broken and lost. This contrasts with crypto. Although the price is up and down, this does not mean described as bubbles. crypto to date continues to evolve, even appeared a lot of coins.
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I don't think that crypto is a bubble. Technologies and capabilities here are extraordinary and they are already changing the technology and economic world.
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I read an article that we would be about 18 million crypto owners, I do not think that 18 million people out of more than 7 billion represents a bubble.
Maybe it'll be a bubble when we reach 100 million ?
But by that time we'll all be millionaires ahah ;)