Topic: 780 broken.. 500 .. maybe even 220-240 again... ? - page 2. (Read 4274 times)
I don't beleive that Bitcoin will fall that deep. One price correction and everyone is full of ultra negative predictions, there is no ground for this. Besides the price is now around 800$ which is not that bad and doesn't indicate further big dump. There is no reason for spreading panic on the market and make damage even worse.
What bothers me most are not general public somewhat negative stance towards bitcoin - which is understandable because they are uneducated in this matter.
But I can't believe that some old time members of crypto community are so pessimistic and FUD-susceptible.
Last dump was caused by overreaction (like always) and after initial news that Chinese government will try to 'regulate' exchanges there is ZERO indication that stricter restrictions would be put in place.
The dump and downward trend is OVER!
But I can't believe that some old time members of crypto community are so pessimistic and FUD-susceptible.
Last dump was caused by overreaction (like always) and after initial news that Chinese government will try to 'regulate' exchanges there is ZERO indication that stricter restrictions would be put in place.
The dump and downward trend is OVER!
block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.
The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence.
i do some occasional trading, and if there is another epic crash that will bring down the price to levels significantly lower than the one we are sitting at right now, then it doesn't really bother me. but if i look at what damage this inflicts on the image of bitcoin by non bitcoiners and others, then it's of course something i don't want to become reality. but it's something we can't do anything about. especially when you consider how easy it is for trolls to manipulate the way of thinking of these newbies.
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
That is why we should not be drinking coffee too much in the morning while looking at the price chart.
Anyway, I really don't see it dropping below $600, it needs a massive FUD to shake the community and sell their coins to whales. This things actually happens many times already, the hacks, the dramas, the real satoshi issue and so on, but none of it drop the price to a very low, it just get back to the track after bumping and creating a small price dip.
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
It did drop lower than $800 but not lower than $700. Seeing bitcoin at $200 is far from my imagination eventhough I wish it could. But well reality, there is more supporter now than before. I guess the current crash is just accumulation stage.
Get some buying ready around $820 it is looking good boys 
A drop then a correction then a rise after being steady for a while
Meanwhile the Chinese central bank recent action had a negative impact on the price for sure
A drop then a correction then a rise after being steady for a while
Meanwhile the Chinese central bank recent action had a negative impact on the price for sure
I agree on this.
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
Absolutely, I totally agree with you. Bitcoin prices will not go down to $ 200, because bitcoin is now different than before. Bitcoin prices were down a few days ago is very reasonable because of the fluctuations and the fact that prices are now up again. Bitcoin prices were down a few days ago only temporary and certainly the price will soon recover. So if someone said that bitcoin price of will drop to $ 200 I think it was less precise. I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
Price won't drop much lower than $800.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
I don't know what kind of drugs you guys are smoking, but there is no way it will drop to $200 until Bitcoin is totally dead.
All this fake news out of China was just some FUD so whales could scoop up coins cheap from weak investors before the next pump.
In my eyes it cannot go lower than the amount of 500 dollar that is just the limit in my eyes, lower than that is simply not possible anymore.
Get some buying ready around 220-240.. ?! :S not looking good boys.
Get some buying ready around $820 it is looking good boys
A drop then a correction then a rise after being steady for a while
Meanwhile the Chinese central bank recent action had a negative impact on the price for sure
bitcoin is not that weak. although bitcoin prices fell in a relatively short time, but, I feel that bitcoin is able to maintain its price at this time. Well, bitcoin prices are down from $ 1,100 to $ 780, but, at this time the condition of bitcoin prices can be said to have become normal. bitcoin price becomes $ 822 today, and I believe, bitcoin prices have stabilized and will continue to go up from this point.
I hope this time we won't have such a situation and btc is going to stabilize soon. There are more people trusting it now. And no big reason to continue selling. So, I believe bitcoin won't drop lower than $500. However, we must remember that even $200 is not a catastrophy. It will just mean we'll need to wait for another 2 or three years and at that time I hope btc will become $1k and finally stabilize there.
Thanks God bitcoin loos like coming back on it's previous high price level. I expect it will jump around 900$ for some time after rising. I really don't know the reason of last fall. maybe someone could tell the reason and please without guessing, real facts.
block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.
While I agree that this scenario would be possible, I think it would be much more expensive for the trolls to attack a blockchain which is able to manage all "legit" transactions. If we compare the average block size growth (see a chart here: https://blockchain.info/charts/avg-block-size?timespan=2years) then we see that in 2016 there was a growth of aproximately 30%. That means that if this growth continues, with SegWit we will have about 2 years to find a solution.
The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence.
It could happen, and it's good in one point. The threat makes people improve their defenses, that is what will happen with Bitcoin technology, it's always being improved because there is always a threat against it.
And even this issue takes a bit more time to be fixed, the community and enthusiasts know the potential of Bitcoin and won't give up so easily using Crypto-Currencies.
block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.
While I agree that this scenario would be possible, I think it would be much more expensive for the trolls to attack a blockchain which is able to manage all "legit" transactions. If we compare the average block size growth (see a chart here: https://blockchain.info/charts/avg-block-size?timespan=2years) then we see that in 2016 there was a growth of aproximately 30%. That means that if this growth continues, with SegWit we will have about 2 years to find a solution.
The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence.
No 220 dollar is way too low its never gonna hit that number again, I think it will be steady again soon but we indeed just need some patience for it.
I hope so. IMO keep $200 around just in case
. Get some buying ready around 220-240.. ?! :S not looking good boys.
I guess you need more proof for this one so we believe in you, because once people believe and start selling their bitcoin or convert into fiat because of the "crash" you stated it might totally cause the bitcoin value crash which everyone doesn't like to happen...
The crash I stared, you flatter me.
There is definitively a possibility that it could go as low as $200. It's highly improbable, but here we go:
I expect such a deep crash if the blocksize war escalates again, with one or more groups threatening with an "unofficial" hard fork. That would not be a good sign for Bitcoin, as governance of the code is still a unsolved problem. Such a war could have side effects like "trolls" that spam the blockchain and drive fees in astronomical heights, making it very expensive for the actual users. That would be extremely bearish as many people would leave BTC, potentially pathing the way for a "successor" that could even be LTC if it manages well the SegWit transition. Or one of the sidechain/multichain coins like Ardor, Iota, Byteball or Lisk.
But as I said, I consider it improbable, as I consider the Bitcoin users too intelligent than to let it escalate this way. My guess is that the next "bottom" won't be under $400, maybe even around $600-700.
I expect such a deep crash if the blocksize war escalates again, with one or more groups threatening with an "unofficial" hard fork. That would not be a good sign for Bitcoin, as governance of the code is still a unsolved problem. Such a war could have side effects like "trolls" that spam the blockchain and drive fees in astronomical heights, making it very expensive for the actual users. That would be extremely bearish as many people would leave BTC, potentially pathing the way for a "successor" that could even be LTC if it manages well the SegWit transition. Or one of the sidechain/multichain coins like Ardor, Iota, Byteball or Lisk.
But as I said, I consider it improbable, as I consider the Bitcoin users too intelligent than to let it escalate this way. My guess is that the next "bottom" won't be under $400, maybe even around $600-700.
basically every bad scenario is possible to happen theoretically, but we shouldn't be focusing on that. block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.
No 220 dollar is way too low its never gonna hit that number again, I think it will be steady again soon but we indeed just need some patience for it.
There is definitively a possibility that it could go as low as $200. It's highly improbable, but here we go:
I expect such a deep crash if the blocksize war escalates again, with one or more groups threatening with an "unofficial" hard fork. That would not be a good sign for Bitcoin, as governance of the code is still a unsolved problem. Such a war could have side effects like "trolls" that spam the blockchain and drive fees in astronomical heights, making it very expensive for the actual users. That would be extremely bearish as many people would leave BTC, potentially pathing the way for a "successor" that could even be LTC if it manages well the SegWit transition. Or one of the sidechain/multichain coins like Ardor, Iota, Byteball or Lisk.
But as I said, I consider it improbable, as I consider the Bitcoin users too intelligent than to let it escalate this way. My guess is that the next "bottom" won't be under $400, maybe even around $600-700.
I expect such a deep crash if the blocksize war escalates again, with one or more groups threatening with an "unofficial" hard fork. That would not be a good sign for Bitcoin, as governance of the code is still a unsolved problem. Such a war could have side effects like "trolls" that spam the blockchain and drive fees in astronomical heights, making it very expensive for the actual users. That would be extremely bearish as many people would leave BTC, potentially pathing the way for a "successor" that could even be LTC if it manages well the SegWit transition. Or one of the sidechain/multichain coins like Ardor, Iota, Byteball or Lisk.
But as I said, I consider it improbable, as I consider the Bitcoin users too intelligent than to let it escalate this way. My guess is that the next "bottom" won't be under $400, maybe even around $600-700.
Panic selling just ended,and bitcoin is back on the right track. Well see more ups on the price of bitcoin this coming days and maybe after 2 months well gonna witness the new ath. This is what i see from now.
Not quite back on track yet, BTC is still at $800 - $805 as I type and this may go down during Saturday and Sunday until early morning of Monday. $700 ish maybe coming in the next coming days as BTC price trend is slowly going down. No positive news out there that may trigger a rally just like what happened a few weeks ago.I noticed that too, there is a price movement during 2 days or weekend it is either it's going low or high, it's not the same at all weekends, lets just wait what will happen. I too expects that the price will be going down a bit and lets not forget that chinesse NewYear is still coming, I saw price movements too last year when this event enter.
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