Crypto Bubble 2018? Programmer explains.
Cryptocurrency bubble is an extemely interesting topic and in this video we talk about previous bubbles in history and try to draw parallells. We also discuss the recent bitcoin pullback and altcoin correction. What do you think about the crypto bubble? Do you agree with my thoughts? Let me know in the comments!
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Ivan on Tech by Ivan Liljeqvist
Just in. South korean officials caught insider trading..Spread the word. Let it flyyyy
https://news.bitcoin.com/south-korean-officials-caught-trading-on-insider-knowledge-of-crypto-regulations/
Bubble is such a powerful word cause it somehow states that the whole market is based out of nothing. Corrections are normal in all markets and I think that many alt coins are over valued. With that said, not saying it won't continue going up. I'm bullish on crypto and will continue to hopefully make gains while being cautious not investing too much in coins with non existing fundamentals.
Here's a technical analysis I just posted. An example of a coin that I think will blow up soon:
Library Credits (LBRY) - Analysis https://steemit.com/steem/@benkalashnikov/library-credits-lbry-analysis
Holy crap! I'm not surprised that they are doing it, but I am surprised it has came out so soon and they are being investigated so soon. Market manipulation was always going to happen in an unregulated market.
Well..market manipulation happens on a much larger scale in regulated markets. Silver has been manipulated for years by Deutche Bank amongst others. No one gave a shit when they went to trial for it. They didn't lose any credibility. Just a small fine, and you're good to go. Please stop begging governments to regulate cryptos. We don't need or want regulations. Regulations means that we grant only a select few to be able to manipulate (bankers). Manipulations in a free market is not a problem. Free markets sort things out themselves.
No surprise that it was Government people manipulating. And that's the kind of people you want to regulate cryptos?
People must learn that free markets means you have to do your due diligence and don't be stupid. Like with this FUD the past week..if you had the basic knowledge of markets, news, and fundamentalt of cryptos - and done the math and compared it to the dotcom bubble for instance, you'd KNOW that you should hodl for a LONG time.
In a free market you can't blame anyone but yourself. Sure, some will try to manipulate, but if you've done your research you won't fall for it. That's harder when governments and bankers have the sole rights to manipulate.
Top Cryptocurrencies Pending Price Target and their due dates//
https://steemit.com/cryptocurrencies/@salahuddin2004/top-cryptocurrencies-pending-price-target-and-their-due-dates
Thank you for the insightful talk!
Awesome work! I`ve re-steemed!
Must be supported...
Thank you for your wonderful work 😊😊
thanks :)
Nice video, Ivan! (Привет из Риги)
We think that any new tech or even paradigm tend to skew to overvaluation at first stages. Cryptos are not an exception. But we do believe that we have a substantial room for a growth!
We are trying to compare DotCom bubble event with the current state of the Crypto market in our article here: https://steemit.com/crypto/@p2port.com/cryptocurrencies-bubble-or-not-dotcom-example . Shortly speaking, we do agree that this is a normal, logical stuff that bubbles are formed during the times of technological breakthrough - trains, dotcoms, etc... Risk-taking investors is the driving force of this processes!
Subscribed! real gem in the bunch of useless articles.
Based on your video I should invest more in EOS and Steem. Thanks for showing us the bigger picture. ;)
Sounds like a great plan.
Yes indeed! These are the two projects I can really stick with long term.Hodl hodl. When EOS hits $800 I will be doing pretty darn well. When Steem hits $100 I will be doing just as well.
BTS, Steem, EOS, they are a very solid track record of BM. I agree with you that EOS would be successful. However the way they do EOS ICO is somewhat greedy.
I don't think it is greedy at all. Think of how many ICOs go so fast the average person can't get in on the action. With the EOS token distribution you have a whole year to get in. It is designed to work like mining but without the extreme consumption of electricity.
this is the right time to makeup your steemit a big one ,because steem is came to very dip we can buy & grow our steemit account for future.
Great stuff!
Love EOS & Steem. Thanks for sharing.
Yes - looking at the big picture is important. Understanding the technology is key.
Maybe it's the governments or banks tryin to cause all these crash bloodbaths, lol...
but stopping crypto traders from trading its like:
ha ha ha exactly .. future is blockcain .. and no one can not stop the wave .
I like the bubble gum!
Great video Ivan!