Topic: Big Crash coming - page 22. (Read 115401 times)

Realistically speaking, we will not hit the $1000 level this year. If we want to experience a sustainable growth, and we're definitely on the right track to achieve this, then we must be preparing ourself for $1000 prices somewhere in mid 2017 to end 2017. This year comes way too soon. If we indeed happen to reach $1000 this year, then we'll be heading towards the south within a week. We all know that peaks don't last. I much rather prefer to wait a year where we have the price stay above $1000 for a decent amount of time, than reaching $1000 right now where after that we'll be facing heavy dumps which will be very time consuming to recover from.

With less than a month before 2016 is over, it's pretty obvious this big crash won't happen, it's just too improbable to even fathom such event would happen considering the world economy is relatively stable in terms of fundamentals right now. It's more believable though to consider the price of bitcoin would hit the $1000 level by the end of this year, looking on the trading trends and recent developments.

I'm tempted to go off on this topic but I will say this. I knew that there wasn't going to be a huge crash of the world economies all at once this year. When one starts to fall almost always another starts to rise as a result. This year we saw that with the USD gaining ground against everything including recently even gold. The USD at least will be doing fine for years to come despite all these blowhards with their "doooooooom!" mantra.

Btc will continue to gain strength but not at the cost of the USD to be certain.

We roughly agree in the main of that argument, failure is normal is what Im saying by a natural economy not absolute failure but normal failure.   Whats abnormal is if large imbalances build up, often this comes from subsidy and artificial support, this is where the really large crashes occur and it becomes healthy to return a more normal cycle of failure and successes.  
  I have no wish for people to suffer and die at age 25 just like Ive no got no problem with normal measures to help business but we have gone way too far in recent years where it becomes unhealthy and promotes imbalance and possible crash.   Its better if ideas are tested every day for their ability to profit or not, companies must risk this failure so they can find profitable ventures.

Thats normal capitalism, we do not live with capitalism now its become a stranger in these times.  The government measures to promote home ownership that has led to sub prime debt becoming so wide spread and incorrect pricing in the market becomes accepted as ok.   This is a problem, if we could now say these points are behind us it would be something and there is my point about a benefit to price declines.  Society can progress even from failure or crashes, no need for great fear if it can be navigated.   Just like illness where you develop antibodies is a natural healthy thing to occur despite some may not survive.   I do not wish for the loss on either side of that example
    However the scenario we have today is that mortgages in the market are over 90% backed by government, all over the richest country in the world this has become accepted as normal.     Its an extreme condition, like a dry forest before a fire you have to expect this scenario will not end well or at least prepare for the possible negatives.   This is not capitalism, its strayed far away from that.   The big crash is being prepared every day with larger imbalances, mislabelled as a good thing and ignored for the danger it is.  That is the big crash scenario done with the deliberation and purpose only government can dedicate to such negatives

I can't agree with such point of view

Nature intended us to crap in the woods and die at 25. I don't think that many people including you would agree to return to that "norm" (in any case, I certainly wouldn't). Though I tend to agree that a crash could, nevertheless, be considered as a natural occurrence of sorts but not as a reversion to some baseline loosely defined as the norm, but sooner as a device for getting rid of imbalances the hard way. In this way, the outcome of a crash is not set to match what was before ("the norm"). But that doesn't either mean that there are no other ways of doing basically the same, or these other ways should necessarily be considered as "unnatural"

I think you have been playing Fallout for far too long

On the other hand oh shit....... http://www.9news.com.au/National/2016/12/07/11/33/Australia-GDP-declines-by-0-point-5-percent-in-September-quarter-the-first-fall-since-2011

Well its not impossible but I think highly unlikely we see a crash in this way.   I dont mind the possibility of extreme events but I dont especially favor politics upsetting the gravy train in this way.   The upset in this election was from the voters themselves not towing the line as expected which is good, one of my favourite things about democracy is its tendency for self determination and upset to establishment.

My general views on a crash is natural occurrence, its not so much an upset as a reversion to the norm which humans of course try to alter in their own favour all the time.  Economics itself has a natural order to it I think, it seems to be taught as a companion to politics and a minor one but its not determined that way imo.

As far as the crash itself, if it is natural and not managed by government it will have winners and losers to it.    One person sees asset value falling and says crash, its a disaster and another sees they can now enter a market with their limited capital and start work with that lower value.     So long as we have that balance and opportunity in a price decline, its not such a serious crash.    If there is war, its destructive and politics one held claim is that it helps to prevent this disorder but it can also end up being a cause, if too rigid I think

That's true and im agree with you mate there's no crash are going to happen this year even next year people in india needs more bitcoin to start trading and business actually i know there are the reason why the bitcoin price are keep increasing. They starting to adopt bitcoin in there country. i know that in the next year probably establishments are going to accept bitcoin as well hoping.

No matter what, but my prophecy seems to have started coming true. A few Republican electors from Texas (Texas, yeah) have been thinking about voting against Trump in favor of another Republican candidate. On the other hand, rumors have surfaced that at least eight Democratic electors are going to defect from Clinton and support a Republican alternative to Trump as well. Regarding the US possible disintegration, history shows that such things are usually accompanied with extreme level of violence and economic collapse (e.g. Yugoslavia, former Soviet Republics)...

Only in rare cases countries disband more or less peacefully (e.g. Czechoslovakia)

This is the end of a united states but not the world and not even those separated states.   Strange thing is those states may be better off and more free to do honest and profitable business when loose of the 20 trillion of federal debt and crushing burden from endless political regulations throttling trade.    
This is not even a crash scenario, this is a glancing blow at worst and to me I feel its a positive scenario for those people bearing the weight of government currently, ie. the ordinary people and majority of USA and any dollar connected country.   Due to the inflationary exporting policy of the federal reserve, this event also brings a positive to those no longer ruled by a foreign power and a reserve currency devoted to serve one party in one capital in one part of the world .  Again its not a crash for most countries, some western systems may falter as they lose the bonus dollar advantage.  

The important point here is the majority of population does not live in one country or one state even, its become more distributed more able to produce widely so any break down in such a large biased system is a world positive.  Certainly longer term and feasibly even short term you will not see the 1929 type crash some might expect.    A very brief example is the election of Trump, perceptions were very negative and market futures fell but the actual market open saw a rise not a crash.   This strange disparity might also be true of a much bigger dissolution of the states or any similar big scenario you think of, most of the world is not living in a 1st world country and most of the world is very capable of being productive anyway.   The current system is a restriction to world production, dont be one sided in your thinking to imagine the market cannot navigate a big change and even profit

Bitcoin does have a bigger community and is growing with support of the comunity, it will be always be volatil, its a feature that atracts a lot investors into bitcoin to try to make money with bitcoin. At the moment looks like bitcoin has all to keep growing, making the tests and see the resistance at each step, but return to any ammount lower then 500 its currently impossible.

I know that after the price increase there should be dump in following but yes, it is not going to be a big crash. Still that is not a good thing if that will happen next year and I guess the root cause of this crash is because of a lot of bitcoin users are just totally holding their bitcoins and doesn't want to use it in contribution for the adoption of bitcoin.

We are not in the old age, bitcoin is more stronger now and it will not crash again. Just believe and continue to monitor the market and the news around so you can always make the right decision and will be able to sell when the right time to sell will come.

I hope that also, this year should continue to be a very good year for bitcoin. We are profitable this year as after the halving we expected the price to increase and here we are in that situation, I guess people are really trusting bitcoin, hence the adoption rate increases and we are enjoying the price increase as well.

No crash will gonna happen this year,the demand on bitcoin is going higher and higher.  New adopters are on thier way establishments online shops ,are accepting bitcoin as thier payment method. Who knows  after 4 years bitcoin allready invaded even those small business.

Is that how all the economies around the world function around demand and supply if you could follow world market there will be a time for correction when traders book their profits and hope you are talking about that.Other than small corrections i dont see any big drop in price.

I think it can be still possible that the price of bitcoin can be crash but it is not a big crash. for me it is a normal that we are seeing that the price of bitcoin is decreasing. the price still relaying in demand and supply. and i think the price of bitcoin or movement of the bitcoin will be the same as last year because of you can read it  the old chart from 2015 there is a little bit same fluctuate. so i think the price will drop in 2017 but not big crash..

The crash that hes been saying was already happened months ago. And now after the crash bitcoin is going to fly again and hope it will not crash again just like before ,when the price went down to 250$.

I can't even think that a big crash is going to happen to bitcoin but maybe with some countries economy, like US. But with bitcoin? I really can't see that a crash will happen. The economy of bitcoin is becoming stronger as the price stability of bitcoin is getting higher and fluctuating daily that makes me believe all the time it is being strengthen.

Im.still waiting for that big crash youre talking about, cause thats the best time to buy bitcoin and store it for a long time.might be 4 years 2020,thats the time i will sell all my btc.for now lets enjoy the high stable price.