You are viewing a single comment's thread from:
RE: Has Bitcoin become a shitcoin?
Do you think that the Crypto world is in a bubble or that this could just be industry growth?
I can't wait to see ETH take the number 1 position. It is just a matter of time...
The crypto world definitely has industry growth but look at the market cap over time. Real industry growth doesn't normally go exponential. The new Dapps, DAOs and Coins are not creating real value yet, but they get tons of money if they go through a ICO. That is a big bubble warning sign to me. Long term these prices will look cheap... for the survivors, but +90% will fail. Just like any other tech start up.
https://coinmarketcap.com/charts/
Sure, that's a good point. What goes up must come down. Although, I am going to enjoy the ride while it lasts and then take advantage of lower prices :)