Post
Topic
Board Speculation (Altcoins)
Re: Is it too late to buy NEO?
by
MiBambino
on 22/09/2017, 10:25:34 UTC
i buy yesterday a little, i buy today a little. and soon the price is back to 20 or 25 $ and then look forward to the buyers of today.
I've also bought waves. everything is very cheap. which I use
Wish I had enough bucks to spread around. Everything's ridiculously cheap right now.

It'll go down for the next few weeks. We might even see the market go as far as 70 billion. Fucking chinese government scared of everything it can't control or tax

70 Billion? thats a far fetch statement. I hope you're right, would love to buy some cheap coins but I don't see it going under 100 Billion.

He was pulling numbers out of his ass, market already back to $130bn

70 billion is around the support line. Market will not suddenly go back up, it never has and never will. September 30th is the day one of chinas biggest exchanges will close down, and later on in october two more will follow. It's just not realistic to think this can't drive market cap down drastically
That’s so bad if such big exchanges are going to shut down soon and that too with small gaps. Indeed it would be mere ridiculous act to think or even imagine that these things are not going to damage the crypto market. Indeed these events are going to drop the values of digital currencies especially altcoins.

I should add that I firmly believe this is a temporary setback, nothing permanent

Everything in the crypto world is temporary, everything changes especially prices.

True, this market is barely 10 years old, it would be a miracle if everything was already set in stone. I think over the next 10 years we'll lose about 70% of all coins, and gain over 500% in marketcap