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Topic: Big Crash coming - page 25. (Read 115377 times)

newbie
Activity: 64
Merit: 0
November 29, 2016, 04:09:59 AM
Bitcoin is an experiment. Need refers to Bitcoin as to any interesting start on the Internet: can this system change the world, or maybe not. You should understand that investing time and money in new ideas is always a risky enterprise.
Supporters of Bitcoin are considered with this currency just because other users on the Bitcoin market also believe that it has value, like the yen, dollar and other national currencies. But,no country, no state, no national Bank, nothing that can provide the value of Bitcoin but, in fact, investors in Bitcoin. Should start to fall the dollar, as the scene immediately popping up the Federal reserve system. And if you start to fall Bitcoin?

When there's this much money at stake, referring to bitcoin as "an experiment" seems overly reductive. Bitcoin has created millionaires out of thin air. Once that wealth is created, it's much less theoretical or experimental to the people who have it, and they're not likely to do anything to jeopardize it. That's part of what makes bitcoin resistant to change or further innovation, the fear of losing the wealth it has created for the people who are major players in this scene currently.

Even though the bitcoin is worth more than 10 billion US dollar now, it is still very small. A pension fund can buy it up easily.
hero member
Activity: 1946
Merit: 502
November 28, 2016, 10:56:56 PM
There is no crash coming for now as no big event or negative news is being seen for now. But the price should be stable over 700$ for a week to move forward else price may be fal back to 650 or 600$
No one knows what will happen  to bitcoin after 10 or 50 years. But all i know bitcoin price will be skyrocket. But this year onwards bitcoin will never go down below 600$. Believe me.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
November 28, 2016, 08:52:47 PM
Bitcoin is an experiment. Need refers to Bitcoin as to any interesting start on the Internet: can this system change the world, or maybe not. You should understand that investing time and money in new ideas is always a risky enterprise.
Supporters of Bitcoin are considered with this currency just because other users on the Bitcoin market also believe that it has value, like the yen, dollar and other national currencies. But,no country, no state, no national Bank, nothing that can provide the value of Bitcoin but, in fact, investors in Bitcoin. Should start to fall the dollar, as the scene immediately popping up the Federal reserve system. And if you start to fall Bitcoin?

When there's this much money at stake, referring to bitcoin as "an experiment" seems overly reductive. Bitcoin has created millionaires out of thin air. Once that wealth is created, it's much less theoretical or experimental to the people who have it, and they're not likely to do anything to jeopardize it. That's part of what makes bitcoin resistant to change or further innovation, the fear of losing the wealth it has created for the people who are major players in this scene currently.
full member
Activity: 238
Merit: 100
November 28, 2016, 02:46:10 PM
There is no crash coming for now as no big event or negative news is being seen for now. But the price should be stable over 700$ for a week to move forward else price may be fal back to 650 or 600$
I think that a crash is going to come once people realizes that SegWit vote is going to fail.
Some of the biggest mining pools already declared that they are not going to support SegWit, and we need atleast 95% of the mining power to activate it, so it seems like it is not going to happen.
Once people realizes it then the price is going to dump back down.

This remembers me the last attempt of blockchain xt, where all the peopler follow different positions, making the bitcoin price to fail, where the community were against as well supporting the changes. Its getting more hard to all achieve and see what is best for bitcoin, people are imposing their opinions and those always affect bitcoin, we need to improve, being against those will just damage bitcoin, and its a waste of resorces the core working into something and the comunity dont accept, sure bitcoin has becamed to big to just accept.
I dont know how further the community can keep blocking the changes that are being made to bitcoin, but its getting a problem that need solution for both sides.
That's right.
But I guess that we all agree that a decision regarding the block size must be made, and the soonest is better.

We can't let the block size hold us back, there are more and more people who uses bitcoins, but the fact that the blocks can only include about 2500 transactions in each one of them makes a hard life for the bitcoin community to become larger.

I really hope that SegWit is going to enable but I doubt.
hero member
Activity: 798
Merit: 506
November 28, 2016, 01:21:12 PM
Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.

The bitcoin price will skyrocket to over $10,000. However  bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.

The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.

I think this thread should locked, hoax information based on nothing since the beginning. Those countries have been strong in financial and the only one incident that could cause economics crisis of western countries is big disaster on entire states, done. There's always back-up plan to resolve that kind of problems.
hero member
Activity: 1372
Merit: 564
November 28, 2016, 11:50:31 AM
Even then are going to banned bitcoin is all west countries there are still chance that bitcoin not drop the price? Why because bitcoin in india is really expensive india traders are good with this currency they can make pump in bitcoin whenever they want . Unless there are good reason for the big crash happening.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
November 28, 2016, 11:32:05 AM
I don't believe at this that some countries or in west country are going to be banned bitcoin and they're not going to adopt bitcoin anymore they started a legacy and then removing it? How come because there goverment don't want this coin is that what you meant? Hmm i don't see any reason that big crash will going to hit bitcoin soon we are on the top right now and then fall apart?

The bitcoin is an ordinary commodity like iphone or other digital goods. If it is banned, then many things will be banned.

Nothing could be farther from truth than that

Bitcoin is not like an "ordinary commodity", and it doesn't compete with iPhones or "other digital goods". It is money, and it competes with other monies. Should such competition hit for real (it doesn't so far), people will use Bitcoin instead of dollars, euro, and a lot of other currencies, and it will make these currencies depreciate since people would prefer to buy all those fancy things with bitcoins, not with dollars, euro, etc. That's why Bitcoin may get banned while iPhones and other digital goods may not

Am sure you are referring to people who are holding bitcoins.  Well, do they have a choice (yes probably)? (But if) They wanted to buy fancy items anonymously, they have no option but bitcoin (between dollar and bitcoin)

Unless they use a Bitcoin payment card, they won't be able to buy all these things. But when they use such a card, the payments won't be anonymous any more and could be easily traced to their source. Besides, this still wouldn't change anything substantially since actual payments for these purchases would still be effected through fiat. In short, you can hold bitcoins anonymously, but you can't spend them as anonymously in most cases. I mean buy real things with Bitcoin...

At least, not in bulk quantities
hero member
Activity: 630
Merit: 500
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November 28, 2016, 05:27:32 AM
If you think that you can predict a market behavior then you can make a lot of money out of it.

It is impossible to predict as it is totally based on luck, if you have the ability to predict that then you can make a short position againsg bitcoin and if the crash is coming you can become pretty rich.
Remember it is totally based on luck unless you have some inside knowledge.

Actually we can't really predict the possible bitcoin market situation of its price will fall and even crash just like a country's economy there were times it falls and again rises. We are seing it as unpredictable always and we only refer on the graphs for our personal analysis but if you ask me and i tell you, no crash will come because this bitcoin is having big demand to people in the future and its price will maintain its normal trend when it rise and fall.
full member
Activity: 238
Merit: 100
November 28, 2016, 05:10:25 AM
If you think that you can predict a market behavior then you can make a lot of money out of it.

It is impossible to predict as it is totally based on luck, if you have the ability to predict that then you can make a short position againsg bitcoin and if the crash is coming you can become pretty rich.
Remember it is totally based on luck unless you have some inside knowledge.
hero member
Activity: 644
Merit: 500
November 28, 2016, 03:33:18 AM
Were on a stable price this month. Big crash may occur next year or next next year  for now let enjoy the current bitcoin price. Big crash will not happen this year.
Why you guys thinking of the big crash, it will not happen again. We are more stronger now and we are moving to the right direction, instead of thinking that, why not just support bitcoin.
I agree big crash will not happen.. we can see some fluctuations in bitcoin value but it's more on incresing its value. Just think what bitcoin can bring to us in a positive way.. it would help bitcoin to increase its price more and more.
copper member
Activity: 1050
Merit: 500
November 28, 2016, 02:08:47 AM
I don't believe at this that some countries or in west country are going to be banned bitcoin and they're not going to adopt bitcoin anymore they started a legacy and then removing it? How come because there goverment don't want this coin is that what you meant? Hmm i don't see any reason that big crash will going to hit bitcoin soon we are on the top right now and then fall apart?

The bitcoin is an ordinary commodity like iphone or other digital goods. If it is banned, then many things will be banned.

Nothing could be farther from truth than that

Bitcoin is not like an "ordinary commodity", and it doesn't compete with iPhones or "other digital goods". It is money, and it competes with other monies. Should such competition hit for real (it doesn't so far), people will use Bitcoin instead of dollars, euro, and a lot of other currencies, and it will make these currencies depreciate since people would prefer to buy all those fancy things with bitcoins, not with dollars, euro, etc. That's why Bitcoin may get banned while iPhones and other digital goods may not

Am sure you are referring to people who are holding bitcoins.  Well, do they have a choice (yes probably)? (But if) They wanted to buy fancy items anonymously, they have no option but bitcoin (between dollar and bitcoin).



If we look at bitcoin adoption, people who are involve in bitcoin is still a small percentage of the population,meaning there is  great potential (room for growth) for bitcoin.  So I don't think bitcoin price will crash, a fluctuation , there will always be, but crash, sorry i don't see it coming.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
November 28, 2016, 01:53:35 AM
Were on a stable price this month. Big crash may occur next year or next next year  for now let enjoy the current bitcoin price. Big crash will not happen this year.
Why you guys thinking of the big crash, it will not happen again. We are more stronger now and we are moving to the right direction, instead of thinking that, why not just support bitcoin.
hero member
Activity: 1008
Merit: 500
November 27, 2016, 06:19:54 PM
Were on a stable price this month. Big crash may occur next year or next next year  for now let enjoy the current bitcoin price. Big crash will not happen this year.
legendary
Activity: 1806
Merit: 1024
November 27, 2016, 06:03:39 PM
Looks like there is no big crush incoming for btc or regular economies.
But I am pretty sure its pretty too much pumped right now.

For several years people have been saying that there will be a massive economical crisis even worse than the financial crisis back in 2007/2008. So far none of these predictions have been on target. Regarding Bitcoin, it looks like the demand that we have been seeing recently, is the result of people looking to escape their tyrant governments. If this progress continues then we might see the price break through the $800 level in 2017.

Yes, a new massive economical crisis is predicted since years and it still hasn't occurred. However there are very good reasons to believe it will happen in the foreseeable future, even if the exact point in time is very difficult to predict. If you look at government debt in the whole Western world and watch central banks relentlessly increasing the monetary base, pushing effective interest rates below zero and purchasing government bonds you will notice that we live in very special times. What happens now is without historical precedence and it won't turn out well. It's all about buying time.

Regarding a possible trigger for a crash, you might want to closely watch the Italian referendum on 4th of December. Chances are high that the existing government will resign due to an unfavorable result, meaning that EU-skeptics will likely takeover. Italy has a debt burden of more than 100% of its GDP and the economy is in very bad shape. This could trigger a bond crash. Meanwhile, Italians have begun buying gold... and maybe also Bitcoin...

ya.ya.yo!
legendary
Activity: 1232
Merit: 1091
November 27, 2016, 05:27:18 PM
Looks like there is no big crush incoming for btc or regular economies.
But I am pretty sure its pretty too much pumped right now.

For several years people have been saying that there will be a massive economical crisis even worse than the financial crisis back in 2007/2008. So far none of these predictions have been on target. Regarding Bitcoin, it looks like the demand that we have been seeing recently, is the result of people looking to escape their tyrant governments. If this progress continues then we might see the price break through the $800 level in 2017.
legendary
Activity: 2436
Merit: 1362
November 27, 2016, 03:59:49 PM
Looks like there is no big crush incoming for btc or regular economies.
But I am pretty sure its pretty too much pumped right now.
hero member
Activity: 868
Merit: 500
November 27, 2016, 03:08:48 PM
There is no crash coming for now as no big event or negative news is being seen for now. But the price should be stable over 700$ for a week to move forward else price may be fal back to 650 or 600$
I think that a crash is going to come once people realizes that SegWit vote is going to fail.
Some of the biggest mining pools already declared that they are not going to support SegWit, and we need atleast 95% of the mining power to activate it, so it seems like it is not going to happen.
Once people realizes it then the price is going to dump back down.

This remembers me the last attempt of blockchain xt, where all the peopler follow different positions, making the bitcoin price to fail, where the community were against as well supporting the changes. Its getting more hard to all achieve and see what is best for bitcoin, people are imposing their opinions and those always affect bitcoin, we need to improve, being against those will just damage bitcoin, and its a waste of resorces the core working into something and the comunity dont accept, sure bitcoin has becamed to big to just accept.
I dont know how further the community can keep blocking the changes that are being made to bitcoin, but its getting a problem that need solution for both sides.
full member
Activity: 238
Merit: 100
November 27, 2016, 12:30:59 PM
There is no crash coming for now as no big event or negative news is being seen for now. But the price should be stable over 700$ for a week to move forward else price may be fal back to 650 or 600$
I think that a crash is going to come once people realizes that SegWit vote is going to fail.
Some of the biggest mining pools already declared that they are not going to support SegWit, and we need atleast 95% of the mining power to activate it, so it seems like it is not going to happen.
Once people realizes it then the price is going to dump back down.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
November 27, 2016, 12:11:19 PM
I don't believe at this that some countries or in west country are going to be banned bitcoin and they're not going to adopt bitcoin anymore they started a legacy and then removing it? How come because there goverment don't want this coin is that what you meant? Hmm i don't see any reason that big crash will going to hit bitcoin soon we are on the top right now and then fall apart?

The bitcoin is an ordinary commodity like iphone or other digital goods. If it is banned, then many things will be banned.

Nothing could be farther from truth than that

Bitcoin is not like an "ordinary commodity", and it doesn't compete with iPhones or "other digital goods". It is money, and it competes with other monies. Should such competition hit for real (it doesn't so far), people will use Bitcoin instead of dollars, euro, and a lot of other currencies, and it will make these currencies depreciate since people would prefer to buy all those fancy things with bitcoins, not with dollars, euro, etc. That's why Bitcoin may get banned while iPhones and other digital goods may not
hero member
Activity: 840
Merit: 501
Strength in Numbers
November 27, 2016, 07:52:20 AM
There is no crash coming for now as no big event or negative news is being seen for now. But the price should be stable over 700$ for a week to move forward else price may be fal back to 650 or 600$
No crash coming and the price will not fall back again at $600, it's going to be a steady growth and I am expecting that bitcoin will end this year with a bang or maybe surprise us by reach it to $1,000, I don't know but it's possible.

Yeah, it won't be falling back and it is strongly stable at the price range of $700 and it will just going to pump before the end of the year.

Unless some hacking incident will happen or will make the people believe that it is an hacking incident for a big exchange.

Then that's the only reason that will make the price of bitcoin fall and come back to its lower price.
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