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)

    21.0%
  2. Around the middle (could still run for months or a year)

    48.1%
  3. Very late (could end within days/weeks)

    21.0%
  4. It's not a bubble

    9.9%
  1. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    6,385
    Likes Received:
    731
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    the consolidation is just not happening yet, so there is no bottom
     
  2. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    6,385
    Likes Received:
    731
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    a global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.
    a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.

    blockchain is built on internet
    so you can not compared an end products like playstation to an xbox that can be connected over the internet
    can you just imagine having a bitcoin inside a thump drive without the internet, the playstation or xbox, you can play them on your tv, may be with wifi you can play on on the mobile :)
     
  3. inmizu

    inmizu Member

    Joined:
    Jul 4, 2018
    Messages:
    70
    Likes Received:
    37
    Trophy Points:
    18
    Tee hee

    I scrapped my first post.

    Those who post in this thread are entitled to post the opinions that they do post. I am an ardent free-speech advocate. Simple as that.

    But it's Groundhog Day for those of us interested in understanding the tech and the situation. Could an established member open a new thread?
     
    mmm....shiney! likes this.
  4. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    17,791
    Likes Received:
    1,338
    Trophy Points:
    113
    Location:
    昆士蘭
    Information
     
    leo25 likes this.
  5. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    6,385
    Likes Received:
    731
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    lie and go-ship
    public info is not worth much
    inside info is rare, but make one rich
    you name it. people buy it. it costs a lot.
     
  6. sgbuyer

    sgbuyer Active Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    590
    Likes Received:
    166
    Trophy Points:
    43
    Location:
    Singapore
    Far from it. Silver is 10 times more hated than cryptos. Even the pushers have given up.
     
  7. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    6,385
    Likes Received:
    731
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    yeah people hated something call online transactions。。。 now it's like one person must own a mobile with apps and a computer. else you can not do no business
     
  8. SlyGuy

    SlyGuy Active Member

    Joined:
    Sep 6, 2018
    Messages:
    249
    Likes Received:
    146
    Trophy Points:
    43
    Location:
    USA
    Incorrect.

    Rules of crypto club:
    1) Anyone who questions crypto's validity as an investment "clearly doesn't understand it." Repeat that early and often.
    2) If they do understand it or continue to question its lack of fundamentals, basically unlimited supply, etc problems, then try "you're just mad you missed out."
    3) Insist that crypto will replace Visa and PayPal and other online payment systems which function fine. Insist that cryptos being illustrated as gold and silver was "just coincidence."
    4) Lie about when you bought in. Say it was "early." Also feel free to lie and say you sold "back around the peak."
    4a) Continue lying by saying you're buying more now (when in reality you're just hoping for other new buyers to recover some price).
    5) Perpetuate the myth of 'institutional investors,' coming along any minute to inject a lot of new monies into the crypto market. (never mind the fact that major investors have avoided crypto for years due to lack of fundamentals, and they will continue to ignore or criticize it... also don't mind the fact that a real market with fundamentals doesn't need any new money coming in to save it, since it would have a profitable or desirable product that will sell itself based on utility, dividends, etc)


    ...So, basically, only people who bring kittens and rainbows and smiley gibberish to this thread are entitled. Everyone else is just clearly uneducated on the panacea of a tech and investment class that is crypto. Nobody wants to understand how mania works or admit they were wrong, they just want to hear that they will be rich soon :)
     
    Last edited: Nov 28, 2018
    Ag and Gullintanni like this.
  9. sodl

    sodl Active Member

    Joined:
    Jul 1, 2018
    Messages:
    272
    Likes Received:
    104
    Trophy Points:
    43
    Listen to all individual opinions , follow none !!!
     
    Bullion Baron and SlyGuy like this.
  10. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    1,321
    Likes Received:
    337
    Trophy Points:
    83
    Location:
    straya
    mmm....shiney! likes this.
  11. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,563
    Likes Received:
    589
    Trophy Points:
    113
    Location:
    Sydney
    I thought volume would start picking up as it gets close to the $100B MK level, but doesn't look like it. Things are looking worse then i would have imagined.
     
    Ag, Gullintanni and mmm....shiney! like this.
  12. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,563
    Likes Received:
    589
    Trophy Points:
    113
    Location:
    Sydney
    Good grounded video, though a bit late in the cycle.

    Richard Heart and Ivan

     
  13. Gullintanni

    Gullintanni Well-Known Member

    Joined:
    Jun 15, 2016
    Messages:
    920
    Likes Received:
    298
    Trophy Points:
    63
    Location:
    New Zealand
    That 100billion mark is a very big psychological marker,once breached it could mean a massive sell off on the backside.
    I would imagine a number of people will be holding their breath hoping it stays above.
    If/when it falls to 95bil expect the next stop to be 50bil in pretty quick time.
     
    SlyGuy and leo25 like this.
  14. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,563
    Likes Received:
    589
    Trophy Points:
    113
    Location:
    Sydney
    Well i now feel good i sold most of my crypto a long time ago.
     
    Gullintanni likes this.
  15. Gullintanni

    Gullintanni Well-Known Member

    Joined:
    Jun 15, 2016
    Messages:
    920
    Likes Received:
    298
    Trophy Points:
    63
    Location:
    New Zealand
    Good job.
    Mine are not even worth trying to cashout.
    They are so deep in the red holding and losing it all is equally good as cashing out at 80% loss.
     
  16. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    17,791
    Likes Received:
    1,338
    Trophy Points:
    113
    Location:
    昆士蘭
    Claiming crypto projects are a Ponzi or a scam are clearly misguide. Dev teams are actively working on their projects - if they were ponzis these teams would have closed shop 12 months ago and moved to the Bahamas.

    Price is only one factor in cryptos.
     
  17. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    17,791
    Likes Received:
    1,338
    Trophy Points:
    113
    Location:
    昆士蘭
    Good time to buy more and DCA, especially your XRP you hold.
     
    Gullintanni likes this.
  18. Gullintanni

    Gullintanni Well-Known Member

    Joined:
    Jun 15, 2016
    Messages:
    920
    Likes Received:
    298
    Trophy Points:
    63
    Location:
    New Zealand
    Well my friend that is an interesting take.
    My XRP is dead in the water and i had really not considered buying more .
    Being that it is just about xmas bonus time and that is really just free money perhaps i should look at buying some.
    Should i do that i will share my experience.
    Things could turn up in the new year but as it stands at the moment cashing out would net me so little money i am best to just stick and hold and if i lose everything then so be it, the upside though could be great if things turn around.

    Edit: We are getting very close to the $100 billion market cap and it does really not want to go under, but if it does i will have a crack at getting more XRP.
     
    mmm....shiney! likes this.
  19. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    3,338
    Likes Received:
    444
    Trophy Points:
    83
    Location:
    North Sydney
    Unless you are trading multiple times a day it’s hard place to make money at the moment. One really needs to leverage 5% swing, by studying it and taking risks one could make a killing.

    But to hold for medium to long term flip, one really needs to wait till there is good news every day.
    Crypto is a momentum stock and at the moment every article on crypto is down, so it’s going down.

    All the pumpers and FOMO crowd with hard money have already moved to cannabis and they are not considering coming back any time soon.

    Basically until media is enamoured again on crypto and a new generations of Trevor, Craig and Crypto Nick starts pumping new crypto there won’t be simple money coming to support an increase.

    Just like silver and gold many people who were burnt are gone. Doesn’t mean they won’t come back but..... it takes new entrants and time
     
    Last edited: Dec 14, 2018
    mmm....shiney! and Gullintanni like this.
  20. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,563
    Likes Received:
    589
    Trophy Points:
    113
    Location:
    Sydney
    i feel like I'm going to be proven wrong very soon. It looks like it's going to drop hard through the $100 billion market cap zone.
     
    Gullintanni likes this.

Share This Page