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)

    19.8%
  2. Around the middle (could still run for months or a year)

    45.3%
  3. Very late (could end within days/weeks)

    22.1%
  4. It's not a bubble

    12.8%
  1. leo25

    leo25 Well-Known Member Silver Stacker

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    That's no good, how can you do leverage trading and pump the crypto market on that :p
     
  2. jerrygold

    jerrygold Active Member Silver Stacker

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    You can't decentralize fiat . You can only work around it temporarily. Why do people think you can control something that is designed for government and banks to control and only them.

    You could do a decentralized crypto only exchange. The best hope for the future is that we can buy more things with it and do away with government money as much as possible.
     
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  3. leo25

    leo25 Well-Known Member Silver Stacker

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    BINGO! :)
     
  4. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    This is what has caused today's dump, but there are several articles claiming it's BS, and that they are only going to ban non compliant exchanges

    Either way, the FUD of this has caused today's dump

    Great time to buy now - some real bargains to be had, although even as I type this things are already starting to recover
     
  5. Gullintanni

    Gullintanni Well-Known Member

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    HMMMM>
    So i guess with bitcoin 100 billion between friends is ok?
     
  6. jerrygold

    jerrygold Active Member Silver Stacker

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    Well right now you would have nearly made $2000 AUD per bitcoin in a few hours of "work" . I won't realize these profits today because its better to wait for the next cycle. I value increasing my bitcoin holdings more than fiat as to this point in time it has been the best strategy.
     
  7. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    In Korean news, they are showing copies draft legislation to be voted on, with the consensus that it will easily pass with bipartisan support.

    Tax office is also ultra keen to track down and confiscate anonymous accounts.
    Also all banks are to report money in and out of Korean banks.

    Some exchanges have been raided, and users accounts taken. I’m presuming the exchanges itself have details ie names and addresses.
     
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  8. Gullintanni

    Gullintanni Well-Known Member

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    To be honest Sth Korea is just an extension of the USA.
    Of course this would happen.
    Israel may be an extension of the USA as an equal so will not always take orders, Sth Korea is an extension of the USA but extended from a leash where its master keeps tight control.
     
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  9. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    In Korean perspective, we almost bankrupted our country once with credit a decade ago.

    People might recall Asian Finacial Crisis.

    The news is saying crypto isn’t big enough to affect the country but this is to safe guard individuals and their families.

    Bearing in mind what western media don’t talk about is that Korean currency is tightly controlled, hence limited arbitrage possibilities and the high premiums. Especially since Koreans don’t care for US dollar, Korean WON is king.

    Also digital currencies are bought and sold mostly older non tech older generations. Most non traditional news about digital currency don’t even talk about fundamentals buts as a sure but to make a fortune lol.
     
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  10. alor

    alor Well-Known Member Silver Stacker

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    not sure people ask about exit strategy before they buy into this
     
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  11. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Very true, we had a corrupt president last term and she was impeached.
     
    Last edited: Jan 12, 2018
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  12. leo25

    leo25 Well-Known Member Silver Stacker

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    Looks the the market cap is still down. New buys are still nowhere to be seen.

    I think the market atm is relying on people that are already in to put more money in. Until Korea gets sorted out people are a bit cautious to do so.
     
    Last edited: Jan 12, 2018
  13. ego2spare

    ego2spare Active Member

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  14. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    that is completely ridiculous and nothing but a marketing stunt

    the transaction fee needed to get that bucket of chicken in a timely manner would cost More than the cicken itsself
     
  15. mmm....shiney!

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

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    I paid $60 for my last chook.
     
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  16. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    What

    did it have golden eggs as stuffing?
     
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  17. mmm....shiney!

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

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    Pure bred Gold Laced Wyandotte. :D
     
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  18. jerrygold

    jerrygold Active Member Silver Stacker

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    Bitcoin needs to do something in regards to its fee structure if it ever wants to capture the KFC market.
     
  19. leo25

    leo25 Well-Known Member Silver Stacker

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    KFC should have use Bitcoin Cash :)
     
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  20. southerncross

    southerncross Well-Known Member Silver Stacker

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    BCH slow compared to BTC ?, Expensive compared to BTC ?



    Send $100 BTC $18.26
    Send $100 BCH $0.04
     
    Last edited: Jan 12, 2018
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