Mervyn_Pumpkinhead
Legendary
*
Offline Offline

Activity: 876
Merit: 1000



View Profile Personal Message (Offline)

Ignore
June 17, 2015, 07:49:58 AM

The next bubble will be the bubble of altcoins. Those, who know what they're doing, have already positioned themselves under select altcoins.

The excitement and crazy gains will be in the alts. Bitcoin will slowly implode on the weight of it's wasteful mining network. Speculators will stay away from bitcoin for the same reason - the mining network just siphons too much speculator money from the market. Some corporate fools will try to keep the bitcoin hype going, but nobody will eventually care. Money has moved into the bitcoin market mainly because of speculation, and the odds are currently very bad for everyone, because it's not even a zero-sum-game anymore, it's a game where the speculators have to feed large mining farms whose contributions are marginal in return.