Monitoring the Crypto Bubble

Discussion in 'Digital Currencies' started by Bullion Baron, Dec 12, 2017.

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Where do you think we are in the crypto bubble?

  1. Very early (years left to run)

    21.1%
  2. Around the middle (could still run for months or a year)

    38.0%
  3. Very late (could end within days/weeks)

    23.9%
  4. It's not a bubble

    16.9%
  1. tdtwedt

    tdtwedt Active Member Silver Stacker

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  2. Jason1

    Jason1 Well-Known Member

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    wow thats pretty full on, the clownness is on full display with that one, might have just made him self the most hated billionaire lol
    When your a billionaire and you hurt peoples wallets after a visible dummy spit you tend to lose friends.
    king of rugpull
     
    Last edited: May 16, 2021
  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    So this looks like that last buying opportunity is here or coming soon. Fill your boots between 20 & 30k I hear... Wonder if it goes that low
     
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  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    All Mainstream will hear about Bitcoin = Eco-Terrorism in the near future in every MSM.

    Until either the mainstream ignores ESG (good chance - most only give it lip service) or Crypto goes verifiably green (long-term) their will be cloud hanging over all crypto.
     
  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    It’ll be forgotten about by next month.
     
  6. hawkeye1

    hawkeye1 Active Member

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    News headline a few months from now after DogeCoin price has collapsed

    Millions Lose Money From Online Scam Promoted By Elon Musk

    I remember when Facebook first listed and the shares dropped in value straight away and a bunch of people filed lawsuits. I think people have a lot better case here and Musk has a lot of money to make the whole thing worthwhile.

    Journalists sharpening their pencils, lawyers getting prepared...

    Elon Musk about to have a fun time. Not.
     
  7. hawkeye1

    hawkeye1 Active Member

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    All the big names in Bitcoin have turned on him. He's in a huge mess right now. Not surprised he's losing it.
     
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  8. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Shiba Inu pump and dumpers get annoyed because someone else dumped their pump.

    Screen Shot 2021-05-17 at 10.16.28 am.png
     
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  9. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    You make it sound like every day people have a spare 20-30k lying around. I dip in every time I get paid. I've tried and failed to hold fiat waiting for a dip
     
  10. IfUdonotholditUdonotownit

    IfUdonotholditUdonotownit Active Member

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    Yeah, definitely, if it dips to 20-30k, and you don't have a spare $100K sitting around, just take out another mortgage on the house. Then once bitcoin skyrockets back upwards, cash in just enough (while laughing deliriously at your insane profits) to repay the mortgage off, and you are laughing :). Easy as...
     
  11. heartastack

    heartastack Well-Known Member Silver Stacker

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    Do I? Well, it wasn't my intention. Just quoting a BTC buy signal price.

    Buy always, whenever, is another strategy of course.
     
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  12. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    FOMO is a bad thing.

    Bitcoin will go up and it will go down. You can go back 10, 20, 30 or 40 pages of this thread at any given price point, the conversation is the same -> it is a cycle.

    End of the day, the price of Bitcoin has little correlation to inflation, fundamentals or social nirvana..... iBTC is a pure emotional speculative asset driven by momentum and news cycles.

    Either you buy and hold until you need it (give yourself 1 year window to sell) or you wait for the next big dip and buy, when it spikes again sell, than repeat and rinse again.

    BTC will see $75,000 but on the way it could crash to $10,000 or $20,000 or be at $55,000 or $65,000 next week.
     
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    I also think it could go down to 10,000 $. Then, potentially up to 300,000 $ even. Now that the sheeple are aware of it as well.
     
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Mental note to self: BTC is not going to $10000 then.
     
  15. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    ...And right there is when I laughed so hard I farted
     
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  16. TreasureHunter

    TreasureHunter Well-Known Member

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    Because you knew it's a roller-coaster ride.

    I think we will keep seeing several bubbles. The drops will be bigger and the peaks too. It's a ride between extremes.

    And one day it might as well go down to ZERO, while it will still drain a tremendous amount of energy.

    Keep farting, it's healthy! :D
     
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

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  18. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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  19. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Well that gives me a new perspective on BTC.
    Very cool.
    Motorsport marketing works on me.
     
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  20. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    BTC a choke load of shit waiting to be flushed.
     
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