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)

    21.7%
  2. Around the middle (could still run for months or a year)

    38.4%
  3. Very late (could end within days/weeks)

    23.9%
  4. It's not a bubble

    15.9%
  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Its (almost) always a good time to buy real money but id agree with the rest.
    Premiums only going up for metals from here on out id expect although some cash is good on the side.
     
  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Is gold at ath in Oz right now? I think i heard that.
     
  3. mmm....shiney!

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

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    Not yet but close.

    I don't consider it real money, it's an asset so my position is what is the best position to hold in the current climate that has upside potential going forward and it's not gold.
     
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  4. heartastack

    heartastack Well-Known Member Silver Stacker

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    One good indicator for where to make ridiculous money is whatever is copping the most hate/vitriol in this forum. Yep, the insect protein suppliers are rolling in dumb money being thrown at them now. Missed that boat but pretty easy to see coming.
     
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  5. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Veg based meat alternatives are rocketing too
     
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  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Now hamburger sizes will be counted in how many bugs are in it.
    A quarter pounder might be called a thousand bug burger?

    Oh wait sheep dont eat bugs wtf hahaha.
    They will need to learn!
     
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  7. heartastack

    heartastack Well-Known Member Silver Stacker

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    I seriously wonder if they’ll eventually try to convince us that some form of cannibalism is the next green way forward.
     
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  8. 66rounds

    66rounds Well-Known Member Silver Stacker

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  9. heartastack

    heartastack Well-Known Member Silver Stacker

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    hahaaa, but they need way more political power to approve the legalisation required to actually decriminalise and promote cannibalism to a legal market. Bet it would start as an ‘opt-in’ system like organ donation. Then your human ‘meal’ will be recycled and fed to the elderly or something equally distasteful to think about.
     
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  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Or they will tell people "it will keep them safe".
    Thats all it takes these days!
     
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  11. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Eating your neighbour is guaranteed to keep you safe, you just have to give up your freedom and live in prison lmao
     
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  12. Darwin

    Darwin Well-Known Member Silver Stacker

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  13. heartastack

    heartastack Well-Known Member Silver Stacker

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  14. mmm....shiney!

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

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    ^ good to know it's unlikely we'll ever get our old fellas bitten off. At least by a human. :oops:
     
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  15. TreasureHunter

    TreasureHunter Well-Known Member

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    Dogecoin just jumped. Elon Musk just bought Twitter.

    Can this be the cause of the DOGE spike?

    Will he build DOGE into Twitter? Or any other crypto? Remains to be seen.
     
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  16. heartastack

    heartastack Well-Known Member Silver Stacker

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    his timing to buy twitter almost as poor as his timing to buy doge
     
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  17. leo25

    leo25 Well-Known Member Silver Stacker

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    Looks like cryptos are about to do another massive leg down. People starting to see the crypto market is full of hot air fuel by cheap money (or no money at all). Much like most "tech" stocks.
     
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  18. mmm....shiney!

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

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    Over-leveraging. Every growth market has it, crypto is not the only one and not all crypto projects are over-leveraged.
     
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  19. TreasureHunter

    TreasureHunter Well-Known Member

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    It's a bubble filled with air. Maybe Peter Schiff was right.

    Most of these cryptos are worth less than crap (at least you can use crap as fertilizer), have NO PRACTICAL USE whatsoever. Whatever practical use they'd have can be substituted with fiat money...
     
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  20. precious roar

    precious roar Active Member

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    If we follow the BTC wave timings, this leg down is exactly what we're waiting for.
     
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