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Author Topic: It isn't a bubble  (Read 2120 times)
DreamCrusherFTW
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June 18, 2017, 03:35:51 AM
 #21

OMG you guys really think this is a legitimate scene..... ? if you do then holy fuck, we have criminals with their laundered money wanting to hide it away & spend, then on the other side we have normal investors wanting to make money that isn't regulated on profits unlike the normal everyday stocks or banking investments even building project investments, tell me again why everyone is holding Bitcoin if all they want to do is sell it to another user for FIAT then that new user rinses and repeats ?

All these new tech coins are just part of the game that has been going on for the last half decade, tell me this..... would you throw up your best shit first and have nothing left to build upon ? or would you rehash the same shit over and over again until people get sick of it then slowly introduce new technology implementations to gain their attention again with the "NEW TECH" you always had in the back of your pocket ?

A lurker sees all, even with the talk of how Charlie Lee (Coblee) could actually be the great satoshi has increased the LTC market cap, which I actually think is quite a plausible argument.

BTC = No Public Face, LTC = Public Face

Both had/have the same original ideology with the future of P2P e-cash and since Charlie Lee played his part with making Coinbase better he bids adieu and comes back to his baby Smiley

After all the BTC Core Dev Team can't even get shit done, they think holding back with the small block limits will keep its value for being so fucking slow !
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June 18, 2017, 05:01:07 AM
 #22

I really wish that people would research and not post topics based on half understandings of concepts.  The "Tulip Bubble" and other bubbles are defined as high prices paid for a service/item that has a fraction of the value.  Bitcoin is not that.  The price may fall to $100 and that is still not a "bubble pop".

For the past three years Bitcoin has a defined transparent market value and despite the fact that it is an intangible, it has a value and that value is near the price paid, there are no bubbles there.  The exact economically defined "bubble" based on the formulas and nothing more than the market cap of Bitcoin would mean that a bubble would not exist until the price hit $37,900.

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June 18, 2017, 05:09:51 AM
 #23

The exact economically defined "bubble" based on the formulas and nothing more than the market cap of Bitcoin would mean that a bubble would not exist until the price hit $37,900.

Care to quote sources for such fantastic claim?
favila
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June 18, 2017, 05:20:32 AM
 #24

The exact economically defined "bubble" based on the formulas and nothing more than the market cap of Bitcoin would mean that a bubble would not exist until the price hit $37,900.

Care to quote sources for such fantastic claim?

I'd love to know this too, I don't think I've seen any formulas or anything discussed here before to predict a bubble.

niisarearning
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June 18, 2017, 10:09:01 AM
 #25

Hi,

I'm glad the shitcoins from 2014 are almost gone.. Grin
All these new coins have some interesting projects.

I think the whole world will use the blockchain for:
- Tax Fraud Activity
- medical technology
- computer learning / AI
- gaming / vr
- bank transactions
- a lot more...

We aren't there yet, but I think it will be BIG.
What future coins do you follow?
yes i do agree the points your mention . you forget to mention huge money transaction from one country to another country before bitcoin or any crypto it was too much problem now it made bit easy not completely . Ethereum going good because of lots of ICO based on ERC20 tokens not only because of above reason.
virtualdn
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June 18, 2017, 10:55:12 AM
 #26

I think this is a huge bubble that's gonna burst sooner or later. 2 months ago all alt coins were 10x lower in value... where do you think all these money come from? Think again guys... risk only what you can risk because when it will burst it will be huge.

1 BTC = 1 BTC
Mia Wallace
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June 18, 2017, 11:27:38 AM
 #27

I'm glad the shitcoins from 2014 are almost gone.. Grin
All these new coins have some interesting projects.

I think the whole world will use the blockchain for:
- Tax Fraud Activity
If you think that a lot of shit coins from 2014 are almost gone then wait for a few years you might see more coins vanishing with time as there are shit ton load of shit coins out there,there are interesting projects but who knows what their future will be,can you explain how block chain will be used to tax fraud activity,is there any coin that you know.
rouhaud
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June 18, 2017, 11:39:10 AM
 #28

I think this is a huge bubble that's gonna burst sooner or later. 2 months ago all alt coins were 10x lower in value... where do you think all these money come from? Think again guys... risk only what you can risk because when it will burst it will be huge.

Yes it will have a big dump soon or later, how high can that goes before that and when it will happen is the question, It's was seems before on bitcoin, and it will happen again, but I think, like it happens before, after that the market recover and go back to new high. it's like that since 2009 for bitcoin. Big high, low stabilization and then new high. your gain or loss will only be a question of when you get your money out.

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De Selby
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June 18, 2017, 01:55:56 PM
 #29

Oh, it's a bubble.
Look at BAT or Status. Who's going to use the brave browser? I don't see it gaining any traction. People will continue to use Chrome because it's a google product. They don't care enough to switch.

Status is even more preposterous. They want to compete with We Chat or LINE. Not gonna happen.

At the end of the day very few coins are worth anything. I grow more concerned w/ each passing day.
chesatochi
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June 18, 2017, 02:03:12 PM
 #30

Oh, it's a bubble.
Look at BAT or Status. Who's going to use the brave browser? I don't see it gaining any traction. People will continue to use Chrome because it's a google product. They don't care enough to switch.

Status is even more preposterous. They want to compete with We Chat or LINE. Not gonna happen.

At the end of the day very few coins are worth anything. I grow more concerned w/ each passing day.


I installed the brave browser and I think the idea is very good and should help the publishers to monetize their website. As you may know, many people use ads blocker to accelerate the browsing experience.

I agree with you, many coins will not worth anything and don't have a real use case for the real world.

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June 18, 2017, 02:31:58 PM
 #31

when greed overcome logic bubble appear but from bubble popping, you understand what have real value and what is a hoax

be positive and dont invest more than you can afford to lose
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June 18, 2017, 02:35:07 PM
 #32

I think this is a huge bubble that's gonna burst sooner or later. 2 months ago all alt coins were 10x lower in value... where do you think all these money come from? Think again guys... risk only what you can risk because when it will burst it will be huge.
It could happen but the more time passes there are more people interested, so what is expensive for another people  is cheap, ideas are diversifying, some will succeed others not, what I'm really trying to say is that nobody knows when that bubble will explode it can be months, years or even decades.
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June 18, 2017, 02:41:35 PM
 #33

I think this is a huge bubble that's gonna burst sooner or later. 2 months ago all alt coins were 10x lower in value... where do you think all these money come from? Think again guys... risk only what you can risk because when it will burst it will be huge.

Yes it will have a big dump soon or later, how high can that goes before that and when it will happen is the question, It's was seems before on bitcoin, and it will happen again, but I think, like it happens before, after that the market recover and go back to new high. it's like that since 2009 for bitcoin. Big high, low stabilization and then new high. your gain or loss will only be a question of when you get your money out.
it will still depend if how profitable it is, since big whales really enjoying what they are doing right now allowing some newcomers to make some gain from the pumped which they'd created  i also seeing big possibilities that incoming dumped will happen in no time after newbies from the trading business showed big interest and invest huge amount of money.
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June 18, 2017, 02:43:15 PM
 #34

Tax fraud will not go a longway.
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June 18, 2017, 02:44:02 PM
 #35

total market cap is starting to roll over without surpassing the previous high.. lower highs is not good.. the bubble could burst in the next 7 days if we don't surpass the previous all time high.

Tax fraud will not go a longway.

My beef with the tax code in the US is how complex it is. You shouldn't have to track every single bleeping trade and log it, there should be one flat capital gains tax rate, and the brokerage you use should be able to track all trades all year long and all the gains and losses and come up with a single number for you to use to report to uncle sam, your net gain/loss. This single number can be used to calculate your taxes, instead of having to log dozens of trades and whether they were short or long term capital gains. It's needlessly complex.  If they want to charge day traders more, they should just institute a per trade tax that goes right to uncle sam that's a flat fee the brokerage collects. In any case, they won't change the tax code and I'm still not sure how I'm going to handle the tax mess. I'll worry about it later.
CraigWrightBTC
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June 18, 2017, 02:51:54 PM
 #36

I think it is not about bubbles or not in digital coins, the most important is what's will happen to us
as comunity of digital coins.
we must becareful with all of them, because we can not do anything if it is bubbles.
Also mostly users doesn't take anything advantages from digital coins except just couples dollars with taking high risk.
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