Monitoring the Crypto Bubble

Where do you think we are in the crypto bubble?

  • Total voters
    146
ETH will win out over time, ETH is the infrastructure, the highways and the railroads. BTC is more like the fiat banks of today, stagnant and bogged down in its own internal bureaucracy with the creep of traditional financial institutions moving in on it as it seeks mainstream legitimacy or is being absolved.
 
southerncross said:
ETH will win out over time, ETH is the infrastructure, the highways and the railroads. BTC is more like the fiat banks of today, stagnant and bogged down in its own internal bureaucracy with the creep of traditional financial institutions moving in on it as it seeks mainstream legitimacy or is being absolved.
Click to expand...

BTC is an asset, ETH is not. BTC is totally decentralised, ETH is not, BTC is a store of value whereas ETH is an overpriced software package dressed up as an investment. Much the same as XRP or the other scam tokens out there.
 
Any interest if I was to edit the poll to allow members to change their vote?

There's been a lot of water flowing under the bridge since BB started this poll back in 2017. I can keep a copy of the results as they currently stand but I'd like to see if there has been any change in member's awareness.
 
Unlike Bitcoin, which uses a transparent ledger, Monero uses various advanced cryptographic techniques to ensure that all transactions are completely private and untraceable. Monero's key features like Ring Signatures, Stealth Addresses, and Bulletproofs ensure that both the sender and the recipient remain anonymous
In addition to being untraceable and unlinkable, Monero is a low-fee currency with excellent fungibility. Unlike Bitcoin or other cryptocurrencies, where coins can be flagged or blacklisted. Monero coins are indistinguishable from one another.
Monero is the only major cryptocurrency where every user is anonymous by default.
So why is Monero banned, delisted or illegal in many countries and BTC is not?
 
Nothing online is anonymous, every keystroke is recorded by at least five different agencies, even your Monero wallet needs an address right?.
Surely you have read about intelligence agency's using encrypted apps to bust highly sophisticated crime organsiation's, apps which the intelligence
people floated out in the first place and then sat back and recorded everything.

Shiney, ETH is a foundation for all those other uses where as BTC can not be used in such applications. You might see it as an asset but what use does it have outside of
that other than a payment system? It owns first starter kudos and as such has the interest of the banking class and associated institutions but outside of that it it is an inflexible
system that is unable to evolve as the whales and miners cannot handle transactions efficiently. EG BTC can only handle about 7 transactions a second compared to around 30,000
on ETH.

BTC is just BTC, while ETH is the foundation of many many more networks, Sure keep some BTC but it is swiftly becoming a dinosaur while ETH is continually evolving and expanding
as it is built to be used as a base as I said above, highways and railroads instead of an old worn out hotel on a backroad.

Everyone should keep in mind though, when the power go's out (and it will) none of this stuff is worth.... Nothing!
 
southerncross said:
Shiney, ETH is a foundation for all those other uses where as BTC can not be used in such applications. You might see it as an asset but what use does it have outside of
that other than a payment system? It owns first starter kudos and as such has the interest of the banking class and associated institutions but outside of that it it is an inflexible
system that is unable to evolve as the whales and miners cannot handle transactions efficiently. EG BTC can only handle about 7 transactions a second compared to around 30,000
on ETH.

BTC is just BTC, while ETH is the foundation of many many more networks, Sure keep some BTC but it is swiftly becoming a dinosaur while ETH is continually evolving and expanding
as it is built to be used as a base as I said above, highways and railroads instead of an old worn out hotel on a backroad.
Click to expand...

So the essence of your argument is that it's utility that creates the value and that you argue because ETH has greater utility as far as use cases go it therefore has greater upside potential when it comes to capital gain or market dominance.

I guess the only valid metric is to have a look at the number of active Ethereum addresses which indicates how many wallets are sending or receiving tokens in order to determine how popular the network is becoming. And we see that it basically hasn't grown for the past 5 years ie it's stagnant.

active-ethereum-addresse.jpeg

And to top it off the price action has sucked when measured in BTC:



ETHBTC_2025-07-28_13-13-32.png
 
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In the meantime that old "dinosaur" BTC has been evolving and putting in multi-decade high after high as governments, corporations and retail investors scramble to hoard it as an alternative to fiat and other orthodox financial instruments.

BTCUSD_2025-07-28_13-31-53.png

And that worn out old hotel on the backroads still dominates over 60% of the market like a favourite and well-visited pub off the main highway:

BTC.D_2025-07-28_13-14-40.png
 
Nice little dip in the BTC price off the back of the recent ATH, a good opportunity to stack a few more sats or even to begin the BTC journey for those that haven't yet begun.
 
mmm....shiney! said:
Nice little dip in the BTC price off the back of the recent ATH, a good opportunity to stack a few more sats or even to begin the BTC journey for those that haven't yet begun.
Click to expand...

Was thinking about getting some BTC for the SMSF but saw that it is predicted to drop again in November? Is this website credible: https://changelly.com/blog/bitcoin-price-prediction/ ? And if so, why the predicted dip in November? Is that something that is recognised elsewhere or just one website?
 
No idea mate, the commentary looks AI generated.

I think November is about the time that the current 4 year cycle is expected to peak price wise, the thing is that there is also commentary out there questioning whether the 4 year cycle is relevant any more.
 
I will be upfront - I DO NOT - own any Bitcoin & never have. I have genuinely look to purchase/trade Bitcoin but lacked enough knowledge to take that step.

Then I read a rather detailed article about Bitcoin, in " The Crucible ". I will post a link. If u are genuine on Bitcoin, I would encourage u to read the article in full, because challenging ur beliefs, is as important as reinforcing them.

The Unit of Account Problem (5700 words) :eek: ( I think worth the time to read though )

https://thetradingcrucible.blogspot.com/2024/10/the-unit-of-account-problem.html

:D

EDIT: Acknowledge the Author

Posted by Dragoneyes74 :cool:
 
Jislizard said:
Was thinking about getting some BTC for the SMSF but saw that it is predicted to drop again in November? Is this website credible: https://changelly.com/blog/bitcoin-price-prediction/ ? And if so, why the predicted dip in November? Is that something that is recognised elsewhere or just one website?
Click to expand...

November sell off of financial assets is a annual event. Why?
My explanation is Christmas and holidays are around the corner.
If you look at gold, there is also a annual spike usually around January to February leading up to Chinese New Year.
Both these events have been good opportunities to capitalise in the past for me.
 
SKULL said:
I will be upfront - I DO NOT - own any Bitcoin & never have. I have genuinely look to purchase/trade Bitcoin but lacked enough knowledge to take that step.

Then I read a rather detailed article about Bitcoin, in " The Crucible ". I will post a link. If u are genuine on Bitcoin, I would encourage u to read the article in full, because challenging ur beliefs, is as important as reinforcing them.

The Unit of Account Problem (5700 words) :eek: ( I think worth the time to read though )

https://thetradingcrucible.blogspot.com/2024/10/the-unit-of-account-problem.html

:D

EDIT: Acknowledge the Author

Posted by Dragoneyes74 :cool:
Click to expand...

If you want to understand crypto and it’s key fundamentals can I suggest you purchase and play the board game “CRYPTOCURRENCY” by Capital Gains Studio,
2018 product of Singapore
Made in China

Requires 2 or more players
Experienced in crypto or no experience, all can play.
it teaches you what fundamentals drives this market.
Youll be surprised how it all plays out like the real market, both the gains and losses accumulated, the rise and fall of crypto currencies, different strategies and human emotions and reactions all play out in a short space of time.
 
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betterinvestmentthanshare said:
If you want to understand crypto and it’s key fundamentals can I suggest you purchase and play the board game “CRYPTOCURRENCY” by Capital Gains Studio,
2018 product of Singapore
Made in China
Click to expand...

This is how Trump and others plays the game using memecoins or shitcoins . When he targets nocoiners to profit from he sells merch like MAGA or TRUMP 2028 caps.

It's not how the game of BTC is played.
 
southerncross said:
Nothing online is anonymous, every keystroke is recorded by at least five different agencies, even your Monero wallet needs an address right?.
Surely you have read about intelligence agency's using encrypted apps to bust highly sophisticated crime organsiation's, apps which the intelligence
people floated out in the first place and then sat back and recorded everything.

Shiney, ETH is a foundation for all those other uses where as BTC can not be used in such applications. You might see it as an asset but what use does it have outside of
that other than a payment system? It owns first starter kudos and as such has the interest of the banking class and associated institutions but outside of that it it is an inflexible
system that is unable to evolve as the whales and miners cannot handle transactions efficiently. EG BTC can only handle about 7 transactions a second compared to around 30,000
on ETH.

BTC is just BTC, while ETH is the foundation of many many more networks, Sure keep some BTC but it is swiftly becoming a dinosaur while ETH is continually evolving and expanding
as it is built to be used as a base as I said above, highways and railroads instead of an old worn out hotel on a backroad.

Everyone should keep in mind though, when the power go's out (and it will) none of this stuff is worth.... Nothing!
Click to expand...
Bitcoin does a lot more than 7 txs per second, but most are done at higher layers like lightning. It is impossible to say how many transactions occur because of the privacy that lightning affords. Chaumian eCash takes things a step further, albeit with some counterparty tradeoffs.

ETH and other altcoins can change so quickly precisely because they are not decentralised. Being hard to change is a feature not a bug for bitcoin. When it comes to securing a better monetary system for the world, it is better no to "move fast and break things".
 
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