Hodlezerper Posted February 13, 2018 Share Posted February 13, 2018 @Malloy @protechtor @panmores How do we see overall crypto market supply in relation to price action? Do we think this will be similar to the 90s in which there were too many companies pulling at everyone's dollars and we need a big crash and some regulatory certainty to bring assets up to where they could be? Or is this one a bit different? I feel like XRP and Ripple could be a bit of an outlier here because, unlike google and amazon, they don't have to build out massive logistics infrastructure, etc...Because it's digital the price could move upwards quickly and sort of stay there? Does wisdom have a different opinion? SimpleLife 1 Link to comment Share on other sites More sharing options...
Malloy Posted February 14, 2018 Share Posted February 14, 2018 12 hours ago, Hodlezerper said: How do we see overall crypto market supply in relation to price action? Market is overall ******** even if we had a big retrace during the last weeks...if you look at yearly charts it should continue to grow 12 hours ago, Hodlezerper said: too many companies pulling at everyone's dollars That was different because they were "pulling" dollars for a minority of investors...those who had access to the stocks exchange which is not a lot of people...now...anyone can chip in and the corporate investment is lagging...when they jump in full a lot more capital will be injected in the market... 12 hours ago, Hodlezerper said: price could move upwards quickly and sort of stay there We will have more rollercoaster rides...and even some big crash that will cause pain to some investors that chose the wrong project...and that is probably 80% of what's out there now...but overall...we're just at the beginning like we were for the Internet in the 90s...like Amazon for instance...they went from 1$ to 80$ back down to 5$ and worth 1400$ now (reminds me of some crypto we like and cheer for lol) http://www.macrotrends.net/stocks/charts/AMZN/prices/amazon-inc-stock-price-history Link to comment Share on other sites More sharing options...
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