Post
Topic
Board Speculation
Re: Current status of the crypto market
by
Marlo Stanfield
on 27/05/2018, 15:35:17 UTC
We have witnessed a significant collapse in the cryptocurrency market and it shows some signs of getting recovered at the moment. Do you think that it will get stabilized somewhere around the current position or will it grow back to the full potential it has shown a few months back or even more?

I don't hold too strong of an opinion, since it's pretty hard to be confident about something like this. But from my experience witnessing all of the big bitcoin bubbles or boom/bust cycles, whatever you want to call them, I suspect we're settling in for a long quiet period again. Perhaps down minor bleed off for a while or smaller rises and dips. I think it's pretty unlikely that 2017 is going to repeat itself anytime soon. Just the fact that this boom cycle lasted for such a long period of time was absolutely amazing. Normally it was over much quicker than that.