Clif High - Cryptos are not in a bubble

[megashira1]

Here is some reassurance for those panicking. The guru himself.

https://www.youtube.com/watch?v=EIRCvIrz4Dw&t=2s

[rjclarke2000]

Here is some reassurance for those panicking. The guru himself.

https://www.youtube.com/watch?v=EIRCvIrz4Dw&t=2s

Honest question. Has Clif got any predictions with crypto currencies right?

I have silver and bitcoin and I am sure one of his web bot predictions a while back means I should be retiring by now at an early age.

[European Central Bank]

my cat could tell you no shortage of coins are in a bubble. maybe less so for bitcoin, i dunno, but billions of dollars in valuation for coins that have achieved absolutely nothing and are used by no one can't be sustained.

[FiendCoin]

Shit coins are in a massive bubble which may reach epic levels before it crashes, Bitcoin, however, its just getting started.

[Fortify]

You should not believe in any "gurus", chances are they will be getting rich off their followers and may even be doing to opposite of what they are preaching. There are many cryptocurrencies and like penny stocks of years gone by, people will be pumping and dumping them (aka creating a bubble).

[Dodnastes]

my cat could tell you no shortage of coins are in a bubble. maybe less so for bitcoin, i dunno, but billions of dollars in valuation for coins that have achieved absolutely nothing and are used by no one can't be sustained.

That is right. For bitcoin, that is a bubble. For many altcoins, there are big bubbles there.

[panju1]

Bitcoin may not be in a bubble, but other cryptos are.
Some of the alts are crashing hard now. It is tough to justify the crazy valuations.