Crypto is to stay as Amazon during dot-com burst, Bitcoin crash to 50% or 90%, and altcoin also crash.

in #bitcoin7 years ago

A lot of people still remembered the dot-com burst and Amazon. Everyone said Amazon stock price is over value and it was gonna be burst.

Here is the Amazon stock price history, as you can see between 2000 and 2010, the Amazon stock price grow very slowly, and from 2010 to 2017, Amazon stock price go up sharply.

Crypto currency like bitcoin and many altcoin will be here to stay event after the burst. All crypto currency will be hold true to its unique technology and usage. Altcoins that put no value to its user will be die out and forgotten.

Cryptocurrency is still in an early stages and it will be adopted by many businesses and people in many year to come.

Today bitcoin and altcoins crash, bitcoin estimate to be 50% from the all time high before it hit back again. This is the great opportunity for people to buy more before it go back up high. I could be wrong, if Bitcoion crash to 90%, it will be around 2000 per coin. Let see what happen after we move to next 2018.

Coin Marketplace

STEEM 0.15
TRX 0.15
JST 0.028
BTC 53807.82
ETH 2237.98
USDT 1.00
SBD 2.30