Is Cyrptocurrency A Bubble?

in #ethereum7 years ago

Bitcoin is a cryptocurrency that has exploded in the recent times. It has fallen back since, but the other cryptocurrencies have shot up in the aftermath. There will always be bubbles, history is full of them. When something like Ethereum does too well, it is well known that most likely there will be a bubble. And the thing about a bubble is, it’s impossible to guess the top and shorting a financial panic, where the crowd is rushing for the enterance not the exit, is a good way to lose a lot of money. Right now we are in the midst of a huge cryptocurrency bubble fueled by a number of different factors (- low growth in traditional investment areas, generally low interest rates, unstable local currencies and the sheer novelty factor to name just a few).
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So in my opinion, in the near future, there is going to be a big bubble after all of this hype for the cryptocurrencies and exchanging etc. Please resteem,upvote, and comment on this posting and I will do the same for your posting! Thanks soo much for your guys' support!

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Not a bubble. Some of these sh*tcoins and ICOs are bubbles for sure, and many will not make it, but long term, cryptocurrency in general is not in a bubble. It's like saying back in 1900, are these "automobiles" in a bubble?

thanks, ill upvote all ur posts!

Upvoted and following. Good stuff.

thanks..ill do the same 4 u

upvoted followed and re-steemed. Thanks
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thanks ill do the same 4 u m8

There are sustainable and necessary technologies that a lot of these currencies are built around. It seems to me that these are changing the way investing and money management will be approached in the future, as well as how the world will create content and access the Internet. Welcome to the internet 3.0!! Blockchain technology is amazing, and warrants a large portion of the run up of several of these coins. Others are climbing on the hype and backs of the bigger ones, then there is a place like steem which is generating an amazing community with great discussion about this technology all while sharing the wealth to contributors. To me it all seems ahead of the pack and the world will catch up, causing the real bubble before things settle back out to healthy levels. Just my 2 cents.

Not sure if its in a bubble or not, but if it is in a bubble, then we need to determine if its a self sustainable bubble lol. I am not sure entirely about this topic myself, its a toss up.

i hope its not a bubble, i hope my prediction is wrong tbh

when dealing with stocks and crypto, there are no guarantees

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