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Stages of financial bubble

Discussion in 'CryptoCurrency' started by BlackBDO, Jan 13, 2018 at 1:05 PM.

  1. BlackBDO

    BlackBDO Jr. VIP Jr. VIP

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    Not saying I agree, as I have 0 experience with crypto, I just wanted to share this here as it looks interesting to me, like.. the fact that BTC chart looks like standard financial bubble chart. I have not created the image myself, and I have 0 experience in Crypto, so I don't want to look like I am saying BTC will go down or anything, just that the below image looked interesting enought for me to want to share.
    Cheers!
    [​IMG]
     
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  2. ZlatanTheGod

    ZlatanTheGod Jr. VIP Jr. VIP

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  3. tadeator

    tadeator Junior Member

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    [​IMG]
     
  4. drogon

    drogon Elite Member Premium Member

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    Guess you missed the new rules for this section, specifically:

    Do not post threads on hypothetical scenarios!
     
  5. BlackBDO

    BlackBDO Jr. VIP Jr. VIP

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    @tadeator - mine is in EUR, and a little older than yours, but still I think we can't deny it kind of looks similar to the bubble graph
    @drogon I go read them again now, If I broke any rule I weill report my psot immediately, thanks for the heads up!
     
  6. tadeator

    tadeator Junior Member

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    Yeah, it's similar, but if you take a look at the graph, you will see the same behaviour multiple times, but here we are, still growing.
     
  7. drogon

    drogon Elite Member Premium Member

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    There were certain people posting 'Bitcoin is a bubble' every other day, and i think that rule as cleaned up this section alot until your latest thread!!
     
  8. TheErminK

    TheErminK Newbie

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    Interesting but nobody can really predict, if we could, we would have all been millionaires by now :D
     
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  9. life2ifeless

    life2ifeless Jr. VIP Jr. VIP

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    Selling my btc war chest now!
     
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  10. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    The BTC chart also matches the new technology adoption stages perfectly.

    The question is, is it a bubble or new tech adoption stages?

    adoption.jpg
     
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  11. truitt661

    truitt661 Regular Member

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    it's relative
    Yo, a group of people owns 6 million bitcoins, they can manipulate the price however they want..
     
  12. MatthewGraham

    MatthewGraham Jr. VIP Jr. VIP

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    Mods please change title to Cryptocurrencies are currently the epitome of a "bubble" V4
     
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  13. tadeator

    tadeator Junior Member

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    Wut.
     
  14. SeoWrecker

    SeoWrecker Jr. VIP Jr. VIP

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    Brb, cashing out.
     
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  15. truitt661

    truitt661 Regular Member

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    Yeah bro, that's 100% correct, I have my own sources in the hong kong financial district.
     
  16. tadeator

    tadeator Junior Member

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    Any proof? How big is that "group"? We are talking here about $86 billion.
     
  17. F4lken

    F4lken Jr. VIP Jr. VIP

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    Bubble graphs are the new deep web iceberg images
     
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  18. axekicker

    axekicker Junior Member

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    well at the current state its not impossible. btc's network is on shit right now, very high fees plus very slow.
     
  19. davids355

    davids355 Moderator-In-Training Jr. VIP

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    Come on guys, crypto is the future. Every industry is becoming victim to digital disruption. Finance industry is no different.

    Yes, it’s my opinion only but I think crypto (and BTC more so) is here to stay.

    It will go back up above 20k again soon (I hope).
     
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  20. seeing44

    seeing44 Registered Member Premium Member

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    Just curious?
    Is there any financial instrument/asset that is traded 24X7 and 365 days at different places and is decentralized and is not backed by any physical commodity but by just trust and faith of a majority.
    If No, then how can tech analysis/charts and theories be applicable to something which haven't happened before?
    P. S : Looking for just enlightening.
     
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