RE: Cryptocurrencies are not in a Bubble, and here's why:

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Cryptocurrencies are not in a Bubble, and here's why:

in cryptocurrency •  7 years ago 

Nice charts... Certainly a bubble though. This is just like every other bubble in the past. People are willing to pay more for something than it is worth because they believe it will be worth more. At some point though, reality kicks in and no one else is willing to risk any more. At that point, she pops. Enjoy the ride, and try to cash out before it blows!

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If cryptocurrency is in a bubble now then it will probably just die out. There's only ~$90B in the space which is peanuts if this really is a big part of the future of money. Now there certainly will be winners and losers and bubbles will form and pop within the space but as for the space itself... I doubt it's a bubble.

just keep few coins waiting for emerging future

I agree with you sort of, but I am more along the lines of this:

I'd like to thank @onealfa for this chart

I agree. It seems like the hype is still not over, so crypto will be going way up before it drops down again. Or at least until it hits its point of resistance again. Roller coasters!

prepare to buy few coins just for participation

Sounds like a good idea.