Post
Topic
Board Speculation (Altcoins)
Re: We're in a bubble
by
ven_bug_trap
on 21/05/2017, 15:40:22 UTC
but why is this bubble just getting bigger and bigger. when will it pop? i am waiting for this since several weeks. and nothing happens.
do you have an idea when it will happen?

not now, because right now people are still investing in altcoins, but this will end. when things slow down and the rockets run out of fuel meaning when people didn't have enough money to pour in, the bubbles start popping and the problem is that when they do things become scary because we all have experienced what panic sells can do to any market.

But aren't more and more people becoming aware of cryptocurrency "investing" and "easy money"? With more people you have more idiots, so more people willing to blindly buy into the latest shitcoin just because of their own FOMO, which will extend the life of the bubble. What will it take to make it pop?