Post
Topic
Board Altcoin Discussion
Re: When do you think alt coin market will crash?
by
Gabb
on 23/08/2018, 17:11:00 UTC
Some people think it won't crash, other has been saying "tomorrow" for the past years.

But looking at the gains the last few months its hard to see this continuing for years to come. Can there be a long (3-6 months) bear market now to correct or is crypto too hot and will increase crazy up til implosion?

I'm thinking maybe 6-12 months of crypto craze left. Then crash (90% of coins loose 90% of value) and a few years of bear market before successful crypto projects starts making money. Pretty much .com again.

What do you think?

I believe that this market is on a path towards consolidation rather than a terrible crash, because as time passes the new crypto projects are based on real products or services that are revolutionizing the business world, offering real solutions to problems that can find an adequate response in blockchain technology, which is why the price of the new altcoins does not depend on thin air, but on authentic productive projects capable of generating wealth on their own.