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RE: Breaking The Resistance Against Cryptocurrencies

in #cryptocurrency8 years ago

Thanks for the post! I also have similar mindset: rather realistic and data-driven than too-unjustifiably-optimistic. To my opinion we are in a crypto bubble now. Here is the data supporting this assumption:

https://steemit.com/cryptocurrency/@alex13/another-crypto-bubble-and-the-rise-of-altcoin-markets

Would you agree?

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No. 65 billion market cap is nothing. We will be in a bubble in 3 years when everyone around you starts talking about cryptos and ico funding

I agree that in long term in will keep going up, but I think will see a downside correction in a short-term (like within 4 months). I was trying even to buy some alt coins based options (like put option, for example), but could not find a place where one can trade such options.