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RE: Are You Waiting to Buy Cryptocurrency?

in #cryptocurrency7 years ago

We're in an overbought and overhyped market, and there will be a huge correction and pullback just like in 2014-2015. This movement is unsustainable despite how bullish we all are on cryptos.

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But a "huge correction" along what timescale? If it corrects back to $2k, for example, before hitting $10k or $100k or more in the future then is that really an "overbought and overhyped" market on that timescale? Based on trillions of dollars, how does this market compare with, say, the dotcom bubble in 2000? Also, based on that bubble, didn't we still get companies like Google and Apple? What if some crypto projects today are the Google/Apple of tomorrow?

my question is if these downticks caused by coindrops.... are a market indicator.. if there are market indicators does that meant that the market is null and void? if a bot or AI can out predict you or out manage your abilities what does decentralization even offer?

You're replying to different comments making it difficult to follow the conversation. Give that video I linked to a watch. Decentralization has a lot to offer, but explaining that involves going back to the late 1700's and the rise of central banking (more on that here, if you're really interested).

As to your question, no one really knows. By Coindrops do you mean ICOs? I don't understand your thinking in terms of "null and void". My recommendation: read from the experts like the person I linked to in the video from my other comment.

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