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. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    I'll say that once it hits $40
     
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  2. TreasureHunter

    TreasureHunter Well-Known Member

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    You bought what? Chainlink is good for what?

    If that can reach so high (17 $), then so can RavenCoin, Stellar, Cardano, XRP, BitTorrent reach at least 30% of that level (like 5 $).
     
  3. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    Link is a price oracle. The others you listed are SCPs or layer 2s
     
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  4. mmm....shiney!

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

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    Or just shit.
     
  5. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    If you look at the price form of Chainlink the last 12 months, you'll see it when it moves it generally moves in the one direction for a while and gives you sufficient notice to get in or out...Low of AUD12.00 ish and high of AUD65.00 ish with multiple slow paced declines and rises in between....Not advice, just my observations of this specific crypto.

    I also like Chainlink for the platform it has (and is expanding on) and how it will be used insurance and finance sectors over time. Still early days for this new tech as we all know but it's already in use in some specialised insurance policies. Smart contracts need information, that's Chainlink's thing. Just a quick example: https://decrypt.co/88226/accuweather-taps-chainlink-provide-untamperable-weather-data
     
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  6. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    That's why I bought it. I didn't think it'd fall below $20 but it was brief anyhow
     
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  7. dozerz

    dozerz Well-Known Member Silver Stacker

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    do you own any crypto? pretty easy to work out what chainlink is used for, the clue is in the name.
     
  8. PMCollector

    PMCollector Well-Known Member

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  9. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Lithium, Crypto and Oil/Coal will make you money
     
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  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Im just waiting for the stop of the downward spiral haha. Its been a slow bleed out, not quite the jugular vein.
     
  11. TreasureHunter

    TreasureHunter Well-Known Member

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    Start stacking lithium batteries :)))
     
  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    These stuff can explode if there's a fire and bad for the environment.
     
  13. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Money is good for the soul!
     
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  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    There are many types of greed, it's not just money. Money isn't the worst among them.

    Money
    Power
    Lust
    Fame/Infamy
     
  15. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    I didn't know you could buy souls with money. Oh wait, yes you can, it's called slavery or hell
     
  16. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    and politics....which combines both slavery and hell IMO.
     
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  17. alor

    alor Well-Known Member Silver Stacker

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    tickets to hell are being sold at the jotd picture
     
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  18. dorado

    dorado Member

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    Careful we are just doing bear flag after bear flag. No reason this won't continue dropping.
     
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  19. mmm....shiney!

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

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    I've got a reason. HODLers are cautiously awaiting the outcome of the March FOMC meeting.

    There is no sound economic argument in favour of The Fed hiking rates nor any clear indication from them that they will. The sell-off across all asset classes has been overdone due to the jawboning from the various Federal Reserve governors and so-called experts.

    How useful is TA when the fundamentals are not understood?
     
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  20. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    What is jawboning? I would have assumed a couple of rate hikes were already priced into crypto markets
     
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