RE: Bitcoin Dives! Why I Remain Bullish + Tron Rant

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Bitcoin Dives! Why I Remain Bullish + Tron Rant

in bitcoin •  7 years ago 

The altcoin market seems to be crazy right now. Case in point, Dentacoin is now the 29th largest crypto-currency in the market - "securing your teeth by the power of the blockchain". Ok. I am taking the piss, but I seriously do not see a venture that should have a valuation even in the millions. This coin should essentially be worthless but it is valued at $2 billion. Madness.

When this bubble bursts, can it be anything less than disastrous for many investors? I mean, it's not just Dentacoin. 95% of the altcoins, at least to me, should be not be worth even a tiny fraction of their valuations...

What happens when the altcoin bubble pops? I am guessing a disorderly exit? What do you folks think?

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