Post
Topic
Board Speculation (Altcoins)
Re: We're in a bubble
by
spartak_t
on 21/05/2017, 15:57:44 UTC
how can you say that we are 100% in a bubble and not in a liquidity explosion? how can you deline the line between the two? i never seen a bubble like, this, this is of course possible because more people, newbie probably get in now, if it was onyl a bubble it shoudl have popped already, real bubble are done buy whale and not blindly like this one, and they fade away quickly, now everything is pumped because more money are in, money that will not go away, if there is profit

Charlie Lee said it long time ago - digital currencies does not need gimmicks in order to succeed. They need usage. Yes, I know that more and more people are getting in and this probably can justify latest rise of Bitcoin and Ethereum. I'd say that Litecoin also deserve its price (and I believe it will go up even more), but thing is that Bitcoin's future is currently uncertain (giving the different camps of people who are up/against hard fork). Now is the time for unity, because 2013 - 2014 pump and dump will look like a joke. Probably a single negative news can make BTC to lose 25% of its value in a day.