Monitoring the Crypto Bubble

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

Tags:
?

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. Jason1

    Jason1 Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    1,191
    Likes Received:
    1,346
    Trophy Points:
    113
    Location:
    Qld
    No where do I deny Musk is a clown. your dead right he is one. Im just stating dont under estimate Musks influence.

    And yes I do know John Mcaffee had followers my comment about that was in regards to Stoics comment, pointing out his differing opinion on that to Shineys as far as John M having a following and market pull of any sorts.
    The comparison between Musk and Mcaffee from Shiney has some merit, But a comparison on influence with mainstream is not on the same level by a mile.John had some, but Musk is a far bigger, a far more well known figure with far more pull and cred in the mainstream.
    Not many people know who John Mcaffee is in the mainstream these days, they have either forgotten or are to young to remember, In the crypto world with older dudes back in the day they knew him sure, his name helped when he reminded them he was the antivirus guy. Most mainstream people any younger than 30 wouldnt even know who started that antivirus even with the name Mcaffee, they wouldnt put two and two together.
    So while his actions are a fair comparison,and his dickheadness is also on the same level, the fame and influence of John isnt on the same level as Musk By a long shot. Mcaffee certainly doesnt have the funds either.Not to over look the fact the Muskstick has huge government influence.

    we will see,the more mainstream this gets the less control crypto purists will have. like anything that goes mainstream, it gets highjacked and turned into a monster by those who have influence.
    But I think if musk gets bored of this, he will burn the house while exiting the building, he is that sort of guy

    PS, I would love nothing more than seeing Musk get brought down, not just with his crypto scamming, but his tesla green energy scam
     
    Last edited: May 21, 2021
  2. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    Hope all members are well.

    Russell Brand is dupping his toes into knowing more about crypto.

    I find him honest & entertaining.

    Here is a link to a 16 minute clip from 3 days ago.



    I would value comments on his style & feelings about if Russell Brand is yearning for crypto knowledge, then how many more people are also looking & wondering.
     
    mmm....shiney! likes this.
  3. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    2,649
    Likes Received:
    3,019
    Trophy Points:
    113
    Location:
    Melbourne
    McAfee is also a rapist and murderer, and that was before crypto.
     
    Jason1 likes this.
  4. IfUdonotholditUdonotownit

    IfUdonotholditUdonotownit Active Member

    Joined:
    Apr 22, 2021
    Messages:
    105
    Likes Received:
    75
    Trophy Points:
    28
    Location:
    I'm living rent-free in your head
    That is correct, and so he was 100% dodgy long before he ever touted crypto. Basically it seems that he lost his marbles after getting into full-blown major drug use. Anyone with half a brain would have avoided his presence like the plague.
     
    Jason1 and heartastack like this.
  5. mmm....shiney!

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

    Joined:
    Nov 15, 2010
    Messages:
    18,611
    Likes Received:
    4,396
    Trophy Points:
    113
    Lol, crazy bastard he is.

    I'm going to follow it, for the entertainment value and for the likely fact that he'll be explaining things at a sub-retard level. A couple of things:

    1. he nailed it on the head at 13.07
    2. 14.10 he asks if it's genuinely possible to create alternative currency systems. Yep. And an alternative currency system that excites me the most (maybe not BTC-maximilists though) is Fractional Reserve Banking 2.0
     
    Last edited: May 21, 2021
    boneyard likes this.
  6. tdtwedt

    tdtwedt Active Member Silver Stacker

    Joined:
    Feb 5, 2016
    Messages:
    195
    Likes Received:
    155
    Trophy Points:
    43
    Location:
    United States
  7. tdtwedt

    tdtwedt Active Member Silver Stacker

    Joined:
    Feb 5, 2016
    Messages:
    195
    Likes Received:
    155
    Trophy Points:
    43
    Location:
    United States
  8. Jason1

    Jason1 Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    1,191
    Likes Received:
    1,346
    Trophy Points:
    113
    Location:
    Qld
    chopper.jpg

    this is a pretty funny meme, lol
     
  9. STKR

    STKR Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2019
    Messages:
    1,487
    Likes Received:
    2,846
    Trophy Points:
    113
    Reminds me of my trading strategy :D
     
    Jason1 likes this.
  10. STKR

    STKR Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2019
    Messages:
    1,487
    Likes Received:
    2,846
    Trophy Points:
    113
  11. IfUdonotholditUdonotownit

    IfUdonotholditUdonotownit Active Member

    Joined:
    Apr 22, 2021
    Messages:
    105
    Likes Received:
    75
    Trophy Points:
    28
    Location:
    I'm living rent-free in your head
    this is what is known as a blood-bath

    Capture.PNG
     
    madaw1, STKR and 66rounds like this.
  12. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    2,649
    Likes Received:
    3,019
    Trophy Points:
    113
    Location:
    Melbourne
    So maybe we can all soon go to dinner parties again without talking about crypto?
    Also known as ‘crap-tonne of taxable events before July’
     
  13. IfUdonotholditUdonotownit

    IfUdonotholditUdonotownit Active Member

    Joined:
    Apr 22, 2021
    Messages:
    105
    Likes Received:
    75
    Trophy Points:
    28
    Location:
    I'm living rent-free in your head
  14. STKR

    STKR Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2019
    Messages:
    1,487
    Likes Received:
    2,846
    Trophy Points:
    113
    I wonder what metric they use to calculate that :rolleyes:

    They should have a BUY button on the fear side and a SELL button on the greed.
     
    66rounds likes this.
  15. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    2,649
    Likes Received:
    3,019
    Trophy Points:
    113
    Location:
    Melbourne
    You can likely program a bot/algo to do just that
     
    STKR likes this.
  16. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
    If you are still holding BTC than the down risk is about 1% to 30% from here, than waiting for the next boom in 3, 6, 12 or 24 months time. And there will be many mini cycles inbetween.

    The one thing you can't hold against BTC is that its Boom and Bust cycle is roughly predictable.

    And unless you bought a or mined a decent stack when it was cheap/easy than buying and selling is the best way to riches.

    I don't see any merits to hodling if you are actively watching BTC, Shares or any liquid investment.
     
    STKR likes this.
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Government regulation is not predicable (well... at least the exact timing of), but looks to be slowly gaining traction.
     
    Last edited: May 24, 2021
    66rounds likes this.
  18. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,987
    Likes Received:
    3,390
    Trophy Points:
    113
    Location:
    Melbourne
  19. LiverBird

    LiverBird Well-Known Member Silver Stacker

    Joined:
    Jul 14, 2019
    Messages:
    481
    Likes Received:
    571
    Trophy Points:
    93
    ^^^ Imagine buying BTC for 4.5k USD in March 2020 & seeing it now at 37.5k USD.

    BTW, every HODLer knows to expect extreme volatility. So that's BS.
    No idea who this person is but the 'laughed & called me names bit' is just embarrassing. Sound like a man-baby
     
  20. tdtwedt

    tdtwedt Active Member Silver Stacker

    Joined:
    Feb 5, 2016
    Messages:
    195
    Likes Received:
    155
    Trophy Points:
    43
    Location:
    United States
    https://doomberg.substack.com/p/instability-coins
     
    66rounds and STKR like this.

Share This Page