Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
CrackDown
on 11/07/2017, 09:59:13 UTC
According to the up-to-date analysis on the collective market trend, crypto bubble is now many steps closer following the coming-up stock markets doom and global economic crisis.

Congratulations to the newbies and smart crypto investors! The first light of the new dawn is already here. Very soon the table will turn around and a whole new game will be started all over.

Let the foolish sacrifice. The new world shall belong to us.

 Wink

Or must I say that the crypto bubble is actually popping? If people can comprehend that no economic doom has ever completely happened within a single day, but a prolonged period of unnoticed time instead. Will a hunter alert his prey before triggering his shot?

There is no doubt that many of the Altcoins are overvalue right now and correction is part of the market mechanism, if the burst has started , I believemost would have lost most of their value roght now, Bitcoin is just 44% of the market when compared to 80% it was like 3 months ago. Remember VCs are entering into the space and are in for medium term at least

I dont think that alts are overvalued, in my opinion still undervalued. Many Many new Users coming every day.

Valuation is relative and most of the value of these tokens come from speculation. I think the ALtcoin market is over valued, how many of these tokens actually has a working platform talkless of generating revenue. Most of these projects will soon go under soon because they won't be able to generate revenue to support their working capital and you will be surprise to see the burn rate of these projects, very ridiculous
I believe this as well.  That the market will weed out a lot of the recent ICO coins and other shitcoins that are already on the market as coin start to resemble more like stocks.  Lets see how far this correction goes.

2-3 years ago the landscape of coins look very different from the coins now as many disappeared.  Don't see it any different this time around.  Hopefully I hold one of the winners of course Smiley.

Coins started to look like stocks.We can make a profit if we can save a few Grin


i also thread my coin like stock, it sometimes goes up sometimes goes down, just enjoy the ride, if we bought it in the right price we can sleep tight..