yea, this will be good for buy some steem on market and wait for the prise is up. but i`m affraid that price is not to up to the hight price again. haha

I think you are right. Yes it's drop but it's not the first time. May be the case that this will go high after the dip. 

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"Just because the bubble popped, doesn't mean it's game over!" - hard to say but partiali I agrre with you

Of course the markets will recover once crypto project really get traction in real users.
Facebook & Google blocking crypto ads started the bear market.
It dramatically slowed the flow of new people into crypto and prevented projects getting users and funding.
That's why [JPB Liberty](https://www.jpbliberty.com/) is enabling everyone in Crypto to claim damages against them by [Joining the Class Action against the Crypto Ad Ban](https://www.jpbliberty.com/class-member-signup).
Its anonymous, no win no fee and you even got bonus tokens for signing  up.

interesting pattern it forms and the bottom is near certainly the game is about to begin again

The 2017 run-up (and previous years run-ups) were purely speculation based (had no real ties to development, use-cases, active users...), but any future run-ups in the crypto space will likely be quite different than the 2017 one and the ones before and will require actual advances in development, actual real-world use cases, and actual increases in daily active users to cement the validity of each coin beyond purely speculation (which is actually starting to really happen for a select few top-tier coins).

Basically, I don't think the crypto space is dead in any sense of the word but actual valid uses will be needed before the space will be able to explode upwards again like it has in the past.

As an added sidenote many appear to be expecting the crypto market to pump again in Nov/Dec of this year, and then crash again in Q1 of 2019, a mini boom/bust cycle that they are basing on past years trends, although I strongly feel this will not necessarily be the case this time and many people who are banking on it may find themselves potentially missing out due to exiting the market at the wrong time. Because many people believe it, the prices will likely boom in late 2018 and then start to bust in early 2019 BUT it will not continue after that as many expect. Basically the SEC decision on the ICE ETF will likely be delayed for as long as they can BUT will in the end WILL be approved, and this will likely take place in mid Feb of 2019 which if this does take place as I expect, will have a massive positive impact on the crypto prices around this time, in-turn breaking the Q1 bust cycle for that year causing it to go (drastically) up instead of down. For the past 6 months people that were HODLing their crypto have regretted their decision due to the market going down so much, and many of them will "learn" from this and will dump their holdings at the start of 2019 expecting to buy back in during the "expected" dip... but as I said I think those people are going to regret their decision when the exact opposite of what they expect to happen, happens and the price goes the opposite way (up) during this time much sooner then they will expect... AKA this time I think the people that HODL during this period of time are going to be the ones that win, so stay educated and HODL!

Added context: Don't get me wrong the crypto space will likely see a dip starting in Mid Jan 2019 (~23-24 days prior to Chinese New Year as it has for the last several years - https://steemit.com/cryptocurrency/@budz82/coincidence-multi-year-bitcoin-crash-pattern-like-clockwork-btc-has-crashed-25-35-for-4-years-in-a-row-23-24-days-before-chinese) BUT this time the dip will be much shorter than expect, and less then a month after the dip starts it will reverse DRASTICALLY at a time when most people won't be expecting it (mid Feb), so when the next "crypto winter" starts in early 2019, don't fall for the past trends like many people will and stay strong and HODL and I feel you won't be disappointed in your decision like many others that sell out will.

I think you are right and Steem is likely to be going along for the ride also, which would be great, particularly for those of us that failed to take large gains and diversify a bit during last years peak, however, I would hope to see the Steemit lead developers communicating better upon how they intend to improve the Steemit platform and make it a more user friendly product. 

I think that @Heimindanger is implementing great things with DTube and bringing value, but overall, for the Steemit platform, the user mainpage needs to be much more user friendly to catch fire with a larger mainstream audience which of course would bring much greater value to the platform and investors/content creators.  I imagine that page icons that lead to DSound, Dlive, Dtube, ones main contacts, etc. to the left and right of the user mainpage could be a big plus when it comes to improving the user mainpage experience and being able to navigate easily to other areas of the site. 

Overall, I think the value should be earned because the site is constantly being improved upon for users and not just relied upon to ride the coattails of Bitcoin. Best regards.

😩😖😖😩😖😩😖😩

Bitcoin is showing us that as crypto becomes more popular it's price variance decreases.  Instead of Bitcoin losing 80% like it did in 2014 now all the altcoins are losing that much and bitcoin is only losing 66%.

I believe as time goes on this trend will continue.  New coins will lose 80%-90% during a crash but the big coins will lose less and less.  The converse is also true; spikes won't be as high. 

When you look at Ethereum lows the value just keeps going up the vast majority of the time.  This last dip was a fluke ICO selloff.   Most coins are at a very healthy baseline right now.  If altcoins lose another 50% they will be massively oversold. 

I hate to beat a dead horse but... buy the dip.  If you trust in the longevity and merit of cryptocurrency a price crash is the best thing that can happen.  It allows for decentralization.  It allows you to buy more than you would have if the price went up. 

We all "know" that the price will moon again out of control eventually.  It doesn't matter how far it crashes in the meantime.  In fact, as I said, the lower it dips the better for anyone buying.

Interesting graph from TradingView. This projects a minimum price per Bitcoin of $20k by the end of 2019, just 16 months away. Reassurance for all those doubters out there to HODL!

Don't forget Appcoins which were $4.20 and now are $0.12.

That's where most of my income went.  WOOHOO a competitor for the  Google Play Store.


Let's watch thousands of dollars become hundreds of dollars and then become like $50.  WOOHOO.

Appcoins.  Everyone.

Applause please.

I think we just have to wait until the end of this year and the prices will rise , they are pretty stable right now as well

Really but prove yourself bitcoin

Some altcoins got hit hard when exchanges allowed the rates to go below 1 satoshi... This means there essentially is no hard low limit for them. There is also some people who intentionally exxagerate the rate drop for some altcoins by mining them and selling for less than mining costs. I can't say how long they can sustain mining for loss, but that will for sure hurt reputation of involved exchanges and give clear signal for other traders to stay away from those exchanges. When there is so many sell orders at sub-satoshi rates, it will take a lot more than 1 BTC worth of buy orders before the price can climb back to usual levels around 40 satoshis and up.

The question i'm asking myself is: after this heavy decline in valuation are cryptocurrency still overvalued? Hard to answer since it's a new asset class and normal fundamental analysis doesn't work like you would do it on stocks. How exactly do you value cryptocurrency?

I would be careful. It can also go that way: Would you rather bet on a trend or lose everything? Don't get me wrong, I think Blockchain will change the world, but we want it to grow too fast in a too short amount of time.

Beautiful crypto thanks for sharing this

the bubble pop doesnt mean its the end of bitcoin. its simply reset the game. bitcoin holder will change hand and bitcoin will hit new high. think aside, those who hold long enough will be the biggest winner.