Marc De Mesel: Cryptos 200% Overvalued, Can Reach 900% or -90%
What I forgot to say in video is the bullish case, notice that period of overvaluation and undervaluation always takes longer. Since we just started a period of overvaluation, a third leg up is likely to come this year 2018. But still then a 6 month bear market could play out and ofcourse a low chance always remains to see a multi year bear market, especially if the stock market finally corrects strongly as well. Estimate for next 3 to 6 months odds are 50% we go down, 50% we go up. Potential reward is to tripple from here from current $500 billion to $1.5 trillion, but equally potential risk is to see your crypto be cut by 3 in value and see a low of $150 billion. Think at this stage crypto is a neutral investment, not a good one, nor a bad one.
Please, donate to Trolololo to thank him and keep him going:
BTC: 3F6Cs4x5mnp1xnURih8TiHN52DFzfGShNh
LTC: MU6ZfwepfD73SAYwSQVwGx39zmmTXhef3i
DASH: XczitEhpmqPMX4fbTAEvV6SuSo1rBU532s
ZEC: t1TCLym7Jti5Qo2Wn9oMopNVGBMs2kxqkcs
Find his thread on bitcointalk here:
https://bitcointalk.org/index.php?topic=2000218.0
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