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Topic: Big Bank Warns of “Bitcoin Crash” in 2018: Here’s Why It Seems Doubtful (Read 415 times)

legendary
Activity: 1666
Merit: 1001
Not only the central banks, the government also warn us to not put our money in BTC, because according to them, there are no regulation or institution that provide customer protection, central bank already in panic mode to stop people from investing in Bitcoin, they keep compare this event with tulip mania
sr. member
Activity: 630
Merit: 257
Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.
Deutsche Bank has released a list of 30 possible events that pose a high risk to investors across the world in the coming year. A few of these include high inflation in the U.S., the Russian presidential elections, and the bursting of housing bubbles in Canada, Sweden, and China.

More Detail Here... profitconfidential.com

many such prediction were made in past also. But at last all went in vain. it may only be possible if Govt. all around the world declare holding or using BTC illegal then definitely this scenario may occur otherwise no chance.
hero member
Activity: 714
Merit: 500
We have already seen the obituary of bitcoin all over the internet a hundred times before.Now,most of them predict about the bitcoin crash.This is the first time bitcoin gets media exposure all over the world and intitutional firms entering for the first time in bitcoin history.So,we could expect a big hike in bitcoin price and possibilities for crash are very low.
full member
Activity: 672
Merit: 127
Statements are very general. Nevertheless, ordinary people will not want involvement to bitcoin and will still stick to the old fashion ways of banking.
I can definitely see a big crash coming soon , we have seen from 1000 dollar to 150 already , a crash like this will happen i think.
I just wouldn't listen to advice banks have on cryptocurrency's in general.
Thats a different story from todau mate. We have seen a lot of potential growth this year and a possible growth for the coming year since bitcoin is becoming more popular.
hero member
Activity: 812
Merit: 500
I think that price correction can happen, but I don't really think that BTC will crash on more that 15% of it's price.
sr. member
Activity: 350
Merit: 250
- "Bitcore (BTX) - Airdrops every Monday"
I can definitely see a big crash coming soon , we have seen from 1000 dollar to 150 already , a crash like this will happen i think.
I just wouldn't listen to advice banks have on cryptocurrency's in general.
full member
Activity: 294
Merit: 107
I guess the price could drop potentionally, but a huge crash? Not really something I think is plausible. A big bank issuing warnings like these though might not be the best thing PR-wise, they are looking for any possible ways to influence and spread bad notoriety, there's a chunk of truth that it might experience a bit of a fall, but I don't buy the bubble theory.
sr. member
Activity: 490
Merit: 255
I don't think a big crash in 2018 is doubtful at all. This is the first year everyone in the world is giving Bitcoin to their friends and family as a gift/present for Christmas. Think about how many billions of dollars will be sold after this by noobs who don't realize that they should hold the BTC and they will just buy stuff with it and the price will crash.
member
Activity: 252
Merit: 10
people have to be careful on their investments. i don't think that nothing is safer anymore in this chaotic world era. however we have to move on and being smart, we can evaluate our risks. if bitcoin crashes next year, new socalled buble can arise. no current dominant system can stop the change after all.
sr. member
Activity: 560
Merit: 250
The possible threats were always the same and will always be. There is a possibility of btc crash and it will happen as there is a uncontrolled rise but when it will happen is a question?
full member
Activity: 211
Merit: 100
Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.
Deutsche Bank has released a list of 30 possible events that pose a high risk to investors across the world in the coming year. A few of these include high inflation in the U.S., the Russian presidential elections, and the bursting of housing bubbles in Canada, Sweden, and China.

More Detail Here... profitconfidential.com

see this is the things that these instituion very good at doing they are stating the obvious thing , even if bitcoin crash so what ? in 2014 did bitcoin not crash ? and today price is at 19 thousands per coin . these people enjoy to treat normal ppls like they are braid dead idiots and they take advtange because this is how they are looking at most humans . this is sad , obvious thing they say no even need genious to say it that what goes up must come down and when it happen they will come to cnbc and pretend to be genious , they will say that they warn everyone and ppls no listen Cheesy

you have to pay more attention to it these ppls always fight for both teams so always they can pin point one quote thing that they say and use it to make selfs seem like guru https://www.bloomberg.com/news/articles/2017-12-12/deutsche-bank-economist-hooper-says-bitcoin-isn-t-going-anywhere at same time they are givng doubt on bitcoin they are say to world that bitcoin will never fail  Cheesy Cheesy
sr. member
Activity: 868
Merit: 266
Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.
Deutsche Bank has released a list of 30 possible events that pose a high risk to investors across the world in the coming year. A few of these include high inflation in the U.S., the Russian presidential elections, and the bursting of housing bubbles in Canada, Sweden, and China.

More Detail Here... profitconfidential.com
Why would banks make any good predictions about bitcoins since they see it as a risk that must removed by all means, that's why they have been calling it a bubble all year round even though they have nothing to back their claim. No one should listen to the.
legendary
Activity: 1218
Merit: 1007
Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.
Deutsche Bank has released a list of 30 possible events that pose a high risk to investors across the world in the coming year. A few of these include high inflation in the U.S., the Russian presidential elections, and the bursting of housing bubbles in Canada, Sweden, and China.

More Detail Here... profitconfidential.com
"Inflation in the US" doesn't seem like something that really matters when you consider that 2018 will probably be like any normal year and there won't be anything special unless something extraneous happens, which could be something like war with North Korea I guess, however unlikely.

I didn't realize that Sweden had a housing bubble, but I'm very aware of the Canadian housing market being in a bubble and the sheer over-expenditure on homes which aren't of the value they're being sold for most of the time. That's what happens when you allow for foreign money to proliferate and price out your native population.
full member
Activity: 476
Merit: 101
When we could hear good news from banks about Bitcoin, it seem impossible, most of the bank usually those big player in the market are trying to destroy Bitcoin.

Bitcoin free of the control of big governments and big banks. Was the big reason why Banks are trying hard to impose those damaging action against Bitcoin.

https://www.forbes.com/sites/panosmourdoukoutas/2017/09/14/why-big-banks-attacked-bitcoin/#660521236c53

hero member
Activity: 1484
Merit: 535
Whatever cames from a bank about cryptos.. just ignore it. Do you really think that there will be a crash by next year?

Even if there is a crash, cryptos will be here forever, only that if bitcoin dies, another altcoin will take the sit.

Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.

And more if they are words coming from the Deutsche bank, they are well-knowed as liars, they are always lying about the PBI of theier population, they are not even serious with that.

Dont believe this crap, it is not real.
full member
Activity: 392
Merit: 106
Banks don't like bitcoin because they can't control it, and money investors put in bitcoin is money banks don't have. Bitcoin is a threat for banks, so they won't say bitcoin will boom, but the contrary.
That’s the truth, bankers don’t want bitcoin because it replaces them in the pedestal that they profited from us for a long time but on the other hand we don’t have enough to benefits from them. They don’t want us to decide what is good for us, they don’t want us to be free from them, they don’t want us to uncontrolled. But we’re in cryptocurrency so we’re free.
hero member
Activity: 714
Merit: 500
Deutsche Bank sees the possibility of a Bitcoin crash in 2018, but we have reasons to support why this fear is overexaggerated.
Deutsche Bank has released a list of 30 possible events that pose a high risk to investors across the world in the coming year. A few of these include high inflation in the U.S., the Russian presidential elections, and the bursting of housing bubbles in Canada, Sweden, and China.

More Detail Here... profitconfidential.com
Its just a fear based on an ideology that bitcoin crash might affect investors largely. It does not gives any evidence as to the fact that bitcoin will crash soon in 2018. I think 2018 is too soon to say that bitcoin can crash. Its not known to a great part of world.
So you are saying that the bitcoin crash depends on how much known in the world it is ? Bitcoin could crash anytime no one knows if it's sooner or later.
But most likely if it's going to happen it's now . The price has gone extremly high and it's possible that it goes down at the same rate.
Yes,price has gone very higher.It would be better if its price falls down a little and get stabilizes at some price.Otherwise,even a small spark could make new investors to do panic selling which may result in a price dip.

But we could only expect a small price dip and we should be aware that banks treat bitcoin as their rival and give false predictions about it that it would soon crash.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
They are right to think so and warn their customers and you guys shouldn't worry and take their opinion like every other in the speculation subforum. Every single day people use services like tradingview to share their opinions and many of them are saying "short, it's going to crash" and you just walk past them without saying "these guys are trying to kill crypto". Take a break nobody is fighting anything here. If an asset goes up by 100% in a week it's bound to be seen as prone to corrections by experienced traders.
full member
Activity: 518
Merit: 101
I cannot trust bank why would I, I am respecting their perspective and opinion, they will say that of course bitcoin has been their number one rival nowadays especially crypto market who has high demands nowadays. Some says that banks are manipulating the value of bitcoin, what they did was they bought bitcoin and  just hold it so others cannot afford to buy it.
sr. member
Activity: 602
Merit: 252
Each and every user know the risk associated with bitcoin, that it can end in a crash for several reasons. By the same time majority believe that bitcoin won't let us down, because it has faced several such scenarios that have been exaggerated and overcome with the potential it has got taking it move forward towards growth.
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