is crypto officially dead?? and where is the bubble!!!!!!

why have the prices gone down for the longest like I got eth when it was 910 and now it's 340 or somethingright about now, and bitcoin is dying so why does even give me any confidence that crypto is the future when nobody even the baby boomers don't think its time to unleash it andits in their control tbh

markets rise and fall all the time. patience is the key bro

My own personal view is speculation. So many people are becoming cryptocurrency investors, average people are throwing their life savings into the market. There is no way BTC had a value of close to 20k, especially with the large fee's for sending on the network. I think the price of a bitcoin has become more reasonable, and that is what we are seeing, a return to sanity.

Wait for bitcoin, one day it's mining will be stopped and the prices will all rise.

23-08-2018, 11:02 PM

derekwilliam Wrote: My own personal view is speculation. So many people are becoming cryptocurrency investors, average people are throwing their life savings into the market. There is no way BTC had a value of close to 20k, especially with the large fee's for sending on the network. I think the price of a bitcoin has become more reasonable, and that is what we are seeing, a return to sanity.

Crypto currencymarket will eventually stabilize to a point like all other financial instruments, but it takes some time to determine the proceedings.

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Blockchain is the future.
The bubble can't last for ever, that's why its called a bubble.

I think there are many micro bubbles and one just burst. But then it goes up again. No worries

Sorry, but Bitcoin trades at ~$7000 a unit. So, thats way more than gold. Is gold dead?

Clearly you have no idea. Go and read a book.

30-08-2018, 02:32 PM

TransparentSecret Wrote: Sorry, but Bitcoin trades at ~$7000 a unit. So, thats way more than gold. Is gold dead?

Clearly you have no idea. Go and read a book.

you absolutely right

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Crypto has had many bursts since its birth, we gotta wait for the hype to come back, thats when you start to buy... keep an eye on google trends