This thread is like Bitcoin speculation threads. I remember there were a lot of them in 2013 and now in 2017. A user asks is X-coin is in a bubble? And people reply but years pass and we see new highs on that coin. Ethereum is same. When this thread is opened Ethereum price was so low, now it's so high. We can't even know where it is now. Is it at the top or will it go farther? We can only know this answer in the future. If you can predict the future right you can make money. It's that simple.
But what if the future is a bubble?
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Money can buy happiness but not health,
Money can only buy a dopamine rush, not happiness. It's not the only thing money can buy man, even you could use money to buy the humanity inside some guys too. So i think it's possible to buying happiness with money. I honestly don't think you've ever experienced true happiness if you really believe that money can buy it. When you buy things your brain releases a chemical as a "reward" for your "work", which gives you a brief rush. Happiness is completely unrelated to such things and comes from within without any reason.
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Moderately. I thought eight thousand was the top of this bull market. Now I think eight-five hundred or nine at the most before a drop. Big drop, little drop, I dont know. Im expecting it will be like previous Bitcoin drops. The June-July drop was around twenty-five percent while the august-september one was thirty-fiive percent. Who knows...ten thousand isnt far off, am I right. expect the unexpected - Oscar Wilde I'm feeling 10k before a drop, or at least very very close to 10k, simply because of human psychology and its weird fetish for random numbers.
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Well, we are clearly too many. So, we can start to kill a part of population, and let the other part to eat it. Very simple.... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Brilliant! Why has nobody thought of this very simple solution before? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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At present bitcoin prices have fallen sharply as bitcoin prices are rising. Investing in altcoin is very potential as it brings huge profits. I understand the feelings of people investing in altcoin a few months ago because the altcoin present is falling deeply.
Bitcoin is very close to an ATH, where is it falling sharply? There are some very promising altcoins to invest in right now though, agree with that.
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In my opinion, the most underestimated coin is Bitcoin. Tell me the truth, guys, did anyone guess about its rate 6-7 months ago?
Why do you believe BTC is undervalued? What is driving its price right now, other than speculators and deep-pocketed investors? How about Bitcoin's fundamentals? If you compare its current valuation to that of the stock market, remittance, or forex, you'll quickly see that Bitcoin is still tiny.
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Don't you think price would have been at 10K by now if China were still catering BTC?
When China announce about their BTC bann on exchanges, the price had terribly plunged down in a day. If were to add up the amount of USD from china, its price would have been more than 10K. But we're not dead though.
Yes the price probably would be comfortably above 10k by now but that the price has still increased tremendously without China and that alone shows that we do not need them for BTC to survive. I doubt it. People outside of China don't give a shit about Chinese legislation. And people inside China will still trade Bitcoin if it's profitable enough, they'll just have to jump through more hoops to get some.
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In my thought. BTC is indeed getting overbought for, lets just say that BTC is being easier for people to invest money just by using internet. While the economy is being low because it isn't working right for the other people are working the btc instead of helping the community rise its economy.
It's hard to overbuy BTC when it can be used as a currency, as an investment and as a vehicle for altcoin investments all at the same time. One thing you should know is that all of them says thus with different reasons in mind, some say it in support of bitcoin, while some it in a way to kick against the crypto currency. I have seen lots of economists say that bubble word but when I ask them, they give different reasons. One of them told me that Bitcoin is a bubble full of speculation and that those investing on it now will be making money, but when government finds out that people are starting to lose their money in it, they will shut it down for good. 16.6 million mined, I don’t think anyone should take Bitcoin as a joke, we are getting close to the 21 million. That's what Economists don't understand. Bitcoin can not be shut down. And any country that shuts Bitcoin down will just hurt itself in the process.
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to be honest, I was so amazed, and a bit sorry for always selling bitcoin that I have at a low price. well, maybe this is a lesson so we always hold the bitcoin we have whatever happens, as long as it is in need.
Stock markets and currency exchanges transfer money from the impatient to the patient. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Update: bitcoin has been losing dominance, mainly vs bitcoin cash:
A bit over 5% and some people commenting recently seem to not have realized. There are some gains in dominance but from all the rest of small alts together, nothing very significant. What is significant is Bitcoin Cash spike as there are many debates on wether it will become the real Bitcoin or it is just another case of pump and dump.
Bitcoin Cash is just a shady fork by Bitmain that is trying to play central bank and protect its ASIC business. Complete waste of resources. Hopefully the new crypto investors will actually understand what Bitcoin is about and realize that Bitcoin Cash is the opposite of what Bitcoin should be and move away from it. I feel shady is even an understatement. What most people are forgetting right now is that these dudes have a lot of resources to play with the market and I was surprised to see a lot of people thinking BCH is gaining dominance. They should just watch how the market ends up playing in few days from now. I really pity those even trying to move in now, because they may end up being the ones to understand later on that the spike is totally different from BCH dominating the market. They would definitely be going straight to jail if crypto was regulated. Or they'd just bribe themselves out of trouble like JP Morgan and other IBs and CBs do...
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that's pretty normal when it comes to the value of currency. it really fluctuates.
Not anywhere close as much as cryptocurrencies do.
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Do they imagine once the rewards run dry these goons will mine txns for free?
There is an interesting idea that whales will become miners and mine their own fees back. In which case whales/miners get free transactions. Unlike those users who aren't miners Free transactions look different though. They'll still pay for electricity, hardware and maintenance.
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Haha, I'm happy with 22sat - but seriously - we should wait at least another week or two before we start pumping
I just want it cause i like the dog *Doge
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The DOGE woke up!!! 26 satochis!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I hope it will attain more than 100 satochis! Wow, was 22 last time I checked - looks like the rise is pretty fast =) To the moon? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Money can buy happiness but not health,
Money can only buy a dopamine rush, not happiness.
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When China banned BTC it was around 3000 dollars. Now it's 8000. Make your own conclusions, but yes, Bitcoin will survive and might even be better off without China.
It would be better off without Bitmain at this point for sure...
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Dont be alarmed just keep your BTC because as far as BCH goes with its quick pump it will surely crash anytime soon. Cause it looks like roger ver is spreading fake proganda that bitcoin cash is bitcoin which is why bitcoin cash pump.
Ver and Wu have quite a lot of coins left to manipulat markets with, BCash might stick around a bit longer. It still is just a shady scamcoin though.
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It is relative. I think that NOW it is at ~380$ and the fragile part is last 80$, it case of bad news or rumours, it could go down easily to ~300 $. So yes and no. There is some layer of speculation and then there is "base" where long term holders are located and possibly ICOS are involved in this base level as well.
What you are describing are just the usual ups and downs and not indicators of a bubble. A bubble is what happens when an asset is bloated way beyond its value.
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My girlfriend thinks I am going crazy with SONM. Is it just me? I wouldn't even disclose anything regarding my finances to a girlfriend. Would just turn them into a magnet for potentially wrong reasons. LOL, even to your wife. If SONM moons, there will be neverending demands to buy something. Anyway, I think SONM is poised to take crypto by storm before March 2018, maybe even top 20 territory. To achieve that sonm should being listed at a big exchange at least. Efforts in that regard need to be scaled up, too. Binance is a good, but it's not enough. There is no point in forcing SONM on any exchanges. Complete waste of effort and money at this stage of development.
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