Daily: Biggest Bubble Ever?

in #bitcoin6 years ago

The altcoin market has been growing continuously for almost a week - is it the biggest bubble ever?
1:00 Market Analysis
1:00 Altcoin Bubble?
6:25 Vechain gets adopted as coin for Gui’an new District
9:00 Bitcoin Isn’t a Currency, Won’t Be Regulated: South Korean Financial Regulator
10:10 CFTC Launches Online Resources for Bitcoin Investors

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Altcoin bubble? More like bitcoin bubble. Altcoins like steem are still undervalued. But some are bad, yes.

there will be a sifting from the good alt coin and the bad ones, eventually the good ones will sustain the momentum while the shit coins will collapse

I upvoted you and the Steem blockchain confirmed it in less than 3 seconds with no fee.

I agree, some altcoins are undervalued. The blockchain technology is really the future here that seem much more secure than speculating on an individual coin or groups of coins.

If altcoin is bubble then every ather currency is bubble too

Keep an eye out for Cordano. Its way more scalable than ETH and will let you transfer money between currieries without an exchange on top of many other features.

They still haven't implemented anything. Seems great for the future, distant future.

Where can I get cardano?

ADA has not even starting running yet. This seems like a gamble.

I don’t mind the quick run-up, as long as they stop for a breather every once in a while.

I mean with BTC prices skyrocketing I think it makes more sense to try cloud mining because of higher returns. https://hashflare.io/r/7487B9DC 10% OFF voucher: 7487B9DC

I expect that Bitcoin will begin to stall and the capital inflows will be diverted to alts.

I don't think cryptos are in a bubble.
the new investors in the round are subject to learn and educate themselves.

And regarding BTC bashing. Those who bash BTC are (((them))).

I got Vechain, but it went down a bit :(

Informative video. I'm new to cryptocurrency (and Steemit). I took a look at the market data (which I didn't know existed until I saw your video) and notice there are A LOT of cryptocurrencies out there, which makes this all the more confusing for a beginner. What happens if there is a bubble with a currency like bitcoin and it bursts? People just potentially lose money?

Also, bitcoin bursting will generally drag down the other 1000+ crypto currencies on the market. While these coins can be technically independent of each other (as they should be), bitcoin's notoriety and place amongst the public eye as "the" crypto currency causes widespread fear for the entire market when bitcoin experiences a bear phase.

If the bitcoin bubble bursts you still have the same amount of bitcoins, but they are worth less. You can either keep your bitcoins waiting for it to (hopefully) raise in price over again, or sell it at a lower price you bought and lose money in the process. In this way it's similar to owning shares in a company.

Bitcoin is the grand bubble master, not the altcoins. Altcoins are solving all the troubles of bitcoin, that's where the money should be, not bitcoin. Many altcoins were undervalued for too long, let them have their glory.

DEATH TO THE MONEYCHANGERS. :)

Maybe they will after some time. The more people go to crypto the more learn about altcoins. I personally more like etherium and look on IOTA. Bitcoin is a good pipe))

i dont think BTC will implode cause their isnt much coins to feed the demand , it may slow down but not implode, their can be only 21 million coins in circulation but the demand for the coin could be more thus its imminent growth

I do not think crypto is in a bubbel jet ...
We are just gettign started

cryptos are the future of currencies , i agree we are just getting started, what we need to do is get rid of the shit coins in circulation

Great video

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