I keep reading people say Cryptocurrency is a huge "bubble"
I think.....
Yeah, it is... for sure it is.
But I don't think that is a bad thing.
I think it's filled with huge opportunities.
If you think of the .com bubble of the 90s, many of the weaker companies that started during that time died, but many went on to become some of the biggest companies on the face of the earth like Amazon, Google etc. So when the Cyrpto bubble bursts which may be years from now, it's a good thing because we will begin to see which companies are the ones that will move forward.
There is an Amazon, Google etc in this crop of cryptocurrencies, perhaps maybe some new ones we haven't heard of yet. This is a once in a lifetime opportunity.
But of course this is just my opinion...
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Crypto-currencies are only just getting started. This is no bubble, this is the start of a revolution!
Yeah but if you look at history, give it a couple of years.... it should burst but like I said that's a good thing.
And yeah this is a revolution, no question about it!
It's not only cryptocurrencies. The blockchain technology will provide amazing new services and other innovations for enterprises and consumers.
Aaaand of course it's a quick way to get rich.
We live in amazing times.
Agree with you on that! When it bursts, I will buy! #upvoted #follower
Thanks! 😀
Ethereum is in a bubble, Bitcoin has dropped and should be bought now!
How far do you think Bitcoin will go down? I think Ethereum will continue to rise.
Bitcoin had a lot of support @2400€, and now it is hovering around 2300-2400€. Seems stable right now. I bought a half between 2300 and 2400€. Ethereum is too high right now, it can't continue. I might be wrong. I hope I am not.
Do you think the amount of ETH available is what will inhibit it's price? It's something like 90 mil compared to BTC 16 mill, this has to inhibit the growth per ETH in some way. But then again this is a brave new world it may not. But tell me why do you think ETH is overvalued currently?
Is going from a few dollars to hundreds of dollars so quick considered "normal"? No.
Does Ethereum have a huge supply compared to Bitcoin? Yes.
Two bad things, but Ethereum is more useful compared to Bitcoin, so it is hard to say.
Yeah the apps part of ETH is what intrigues me the most. The smart contracts a lot of it is almost ahead of it's time in my opinion... that's why it attracts me more than BTC at the moment.
But Bitcoin is the big player. Every altcoin is somewhat following the price of Bitcoin. Most people cash out in Bitcoin. Most coins are traded in Bitcoin.
Looking at it... Yes.. maybe... but is it really? NO... It's the future of currency. Future of money... Now a bubble is like the DOT-Com days... everyone just wanted to invest in a website because.. well its a website... Kinda like some of these ICOs and ALT coins.. just gotta get in one... But when you pull back the curtain.. there was no true value to alot of those websites.. same with these coins EXCEPT... with the coins.. you can trade them for something... DOT COM.. if you were in you were in... If you got out it was sometimes too late and you LOST EVERYTHING......... This is the tip of the spear.... in 10 - 15 years... Im seeing 5 figure value for some of these cryptos....
and you cant really say which cryptos will fail.. all depends on who you ask and which one they are invested in.. I love when people say Ether will fail... okay why??? Basically the answer is because they are invested in Bitcoin or other coins
Yeah totally no one knows which ones will fail or succeed... that's part of the game...