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Author Topic: Blockchain Bubble in the Making? Memories of 2000 Tech Bubble  (Read 931 times)

urbancrypto

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As the ICOs continue rolling out with millions of dollars being raised it begs the question if this is the beginning of a blockchain bubble.  In the last week we have seen the price of Bitcoin and Ethereum move all over the place.

Read More:  https://urbancrypto.com/blockchain-bubble-in-the-making/

Yuliya_Matscykh

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Re: Blockchain Bubble in the Making? Memories of 2000 Tech Bubble
« Reply #1 on: June 20, 2017, 12:04:13 AM »
I think that there is speculative demand for all the crypto-currencies. The cost of any of them, including Ethereum, is determined not by the real purchasing power, but by the hope for a quick income. There is too much marketing component in the cost of digital gold.

Yuliya_Matscykh

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Re: Blockchain Bubble in the Making? Memories of 2000 Tech Bubble
« Reply #2 on: June 20, 2017, 11:47:48 PM »

Ether Price Analysis: The Bubble Will Pop — But Not Just Yet

https://bitcoinmagazine.com/articles/ether-price-analysis-bubble-will-pop-not-just-yet/

vikky

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Re: Blockchain Bubble in the Making? Memories of 2000 Tech Bubble
« Reply #3 on: June 20, 2017, 11:54:03 PM »
Many crypto-currencies will eventually collapse. Therefore it is worthwhile to approach the investments otvestvenno. And certainly not to pursue superprofits.

andreevavik22

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Re: Blockchain Bubble in the Making? Memories of 2000 Tech Bubble
« Reply #4 on: June 21, 2017, 02:09:21 AM »
Bitcoin will someday be in a bubble, but that time is far away. One benefit of cryptocurrencies is that they coexist with other forms of money used for transactions. Bitcoin is not in a bubble. Instead, people are using it to park their dollars so central banks cannot destroy their value.

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