Quote from: Metroid on Today at 03:46:50 PM

Quote from: batsonxl on February 18, 2021, 04:00:49 PM

Maybe it is not bubble yet. i will not forgive myself if eth goes to 5k-10k. i call that bubble

If you think 20 times the price it was 2 months ago is not a bubble then I have no idea what is a bubble to you, to me anything that has had any sudden 10x rise in price is already in a bubble state.

You see, I'm not saying it will not go to 5k or 10k, I'm saying that is better to be safe than sorry because this market can crash any time, there are too many red flags at moment to count, the main red flag here is coins that had around 100 usd volume per month are having millions of usd of volume in a day, coins that nobody even knew are having 200% daily, nothing makes sense. So when I see that, I know this bullrun is coming to an end, yes this can become even more delusional. For example, you don't see anything crashing, only going up, no corrections at all, just going up but this has a side effect and once this market starts going down, it will be the same as before, january 2018 is a good example, you will see the amrket only going down, so at moment we are only seeing huge gains, everybody happy, everybody bagholding and accumulating, soon we will see everybody sad, dreams crushed, nobody wanting to hold the bag anymore and everybody running for usd.

You have to decide that for yourself, like I said before is better to miss an opportunity that you know it has a very high chance to go against you at this moment.

Economic or asset price bubbles are often characterized by one or more of the following:

"Unusual changes in single measures, or relationships among measures (e.g., ratios) relative to their historical levels. For example, in the housing bubble of the 2000s, the housing prices were unusually high relative to income.[33]

For stocks, the price to earnings ratio provides a measure of stock prices relative to corporate earnings; higher readings indicate investors are paying more for each dollar of earnings.[34]

Elevated usage of debt (leverage) to purchase assets, such as purchasing stocks on margin or homes with a lower down payment.

Higher risk lending and borrowing behavior, such as originating loans to borrowers with lower credit quality scores (e.g., subprime borrowers), combined with adjustable rate mortgages and "interest only" loans.

Rationalizing borrowing, lending and purchase decisions based on expected future price increases rather than the ability of the borrower to repay.[35]

Rationalizing asset prices by increasingly weaker arguments, such as "this time it's different" or "housing prices only go up."

A high presence of marketing or media coverage related to the asset.[11]

Incentives that place the consequences of bad behavior by one economic actor upon another, such as the origination of mortgages to those with limited ability to repay because the mortgage could be sold or securitized, moving the consequences from the originator to the investor.

International trade (current account) imbalances, resulting in an excess of savings over investments, increasing the volatility of capital flow among countries. For example, the flow of savings from Asia to the U.S. was one of the drivers of the 2000s housing bubble.[36]

A lower interest rate environment, which encourages lending and borrowing."

https://en.wikipedia.org/wiki/Economic_bubble

Check this https://en.wikipedia.org/wiki/Cryptocurrency_bubble

I already can see most points ticked here. I see trolls saying this very often "this time it's different", yeah right.

Someone told here i dont remember the post sell your eth when it is time it was 1200$ or 1400$ i dont remember that one also clearly. i sold 50/50 of my ethers i regret that because now it is 1970$ only thing im happy that i hold half of it. This bull market is different than 2017 this time btc and coins holding their position for a long time.in 2017 it was like only one month and finish very fast. now it is like 2 months.