Big Crash coming - page 47. | Bitcointalksearch.org

Doamader

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Quote from: Ultrabat on July 25, 2016, 06:32:01 AM

Quote from: deisik on July 23, 2016, 04:42:36 AM

Quote from: Slark on July 22, 2016, 04:30:55 PM

3. Bitcoin won't be banned in western countries, in fact Russia is country being closest to banning bitcoin. Not because they hate it, or think it is harmful because national security can be harmed.
But mainly because they are so insecure about their own currency - Ruble

Obviously, you don't understand how things work, especially in Russia. If the government decides to outright ban Bitcoin (which they still refrain from doing after so many talks and speculations, mind you), people will get seriously interested and may actually start buying into this thing called Bitcoin. Since it is considered as a given that if government decides to ban something like the US dollar (there were precedents), peeps get agitated, rumors start circulating - the conclusion inexorably being that the authorities wouldn't ban something which they weren't afraid of...

This is surely not what the gov presently needs, just because "they are so insecure about their own currency"

When the government ban the bitcoin, it means the bitcoin is useful and valuable. People will buy it instead.

Since the begining bitcoin is walking alone without nothing else besides community support, being traders, miners and owners of a portion of bitcoin. Countries may have a positive impact at the price and just.

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Quote from: deisik on July 23, 2016, 04:42:36 AM

Quote from: Slark on July 22, 2016, 04:30:55 PM

3. Bitcoin won't be banned in western countries, in fact Russia is country being closest to banning bitcoin. Not because they hate it, or think it is harmful because national security can be harmed.
But mainly because they are so insecure about their own currency - Ruble

Obviously, you don't understand how things work, especially in Russia. If the government decides to outright ban Bitcoin (which they still refrain from doing after so many talks and speculations, mind you), people will get seriously interested and may actually start buying into this thing called Bitcoin. Since it is considered as a given that if government decides to ban something like the US dollar (there were precedents), peeps get agitated, rumors start circulating - the conclusion inexorably being that the authorities wouldn't ban something which they weren't afraid of...

This is surely not what the gov presently needs, just because "they are so insecure about their own currency"

When the government ban the bitcoin, it means the bitcoin is useful and valuable. People will buy it instead.

deisik

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Quote from: Slark on July 22, 2016, 04:30:55 PM

3. Bitcoin won't be banned in western countries, in fact Russia is country being closest to banning bitcoin. Not because they hate it, or think it is harmful because national security can be harmed.
But mainly because they are so insecure about their own currency - Ruble

Obviously, you don't understand how things work, especially in Russia. If the government decides to outright ban Bitcoin (which they still refrain from doing after so many talks and speculations, mind you), people will get seriously interested and may actually start buying into this thing called Bitcoin. Since it is considered as a given that if government decides to ban something like the US dollar (there were precedents), peeps get agitated, rumors start circulating - the conclusion inexorably being that the authorities wouldn't ban something which they weren't afraid of...

This is surely not what the gov presently needs, just because "they are so insecure about their own currency"

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Quote from: Slark on July 22, 2016, 04:30:55 PM

Quote from: abs350 on January 01, 2016, 11:15:43 AM

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 would like to share some of my comment regarding this post. Because amount of FUD in this one is above average.

1. Crisis will come, it is inevitable, and actually it is not a totally bad thing - it is like a catharsis for economy. Economy after crisis is usually stronger and better (at least for a while).

2. About bitcoin price during that crisis - we can only speculate. I think that in times of crisis, bitcoin price should go up, but how much? I can't tell.

3. Bitcoin won't be banned in western countries, in fact Russia is country being closest to banning bitcoin. Not because they hate it, or think it is harmful because national security can be harmed.
But mainly because they are so insecure about their own currency - Ruble.

That is a great statement, I like how you see that bitcoin is more stronger than a countries currency. Actually it is really a threat as the moment we will achieve a massive adoption more transactions will be created and the market will be filled from different parts of the world.

Slark

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Quote from: abs350 on January 01, 2016, 11:15:43 AM

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 would like to share some of my comment regarding this post. Because amount of FUD in this one is above average.

1. Crisis will come, it is inevitable, and actually it is not a totally bad thing - it is like a catharsis for economy. Economy after crisis is usually stronger and better (at least for a while).

2. About bitcoin price during that crisis - we can only speculate. I think that in times of crisis, bitcoin price should go up, but how much? I can't tell.

3. Bitcoin won't be banned in western countries, in fact Russia is country being closest to banning bitcoin. Not because they hate it, or think it is harmful because national security can be harmed.
But mainly because they are so insecure about their own currency - Ruble.

richardsNY

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Quote from: pearl11 on July 22, 2016, 09:28:33 AM

Stop this thinking that btcoin will going into a big crash, its a 100% fake and it will not going to happen.
Nobody wants for the bitcoin to crash.

If you took the time to read the OP before posting something, then you would have known that he is talking about an economical crash, and not a crash related to Bitcoin.

Mauser

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Quote from: abs350 on January 01, 2016, 11:15:43 AM

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.

Sounds like complete dooms day coming. Half of the year already over and even with Brexit happening the European economy is still not crashing. What is your prediction now for the rest of the year?

pearl11

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Stop this thinking that btcoin will going into a big crash, its a 100% fake and it will not going to happen.
Nobody wants for the bitcoin to crash.

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At several instances bitcoin have faced various crashes. So bitcoin won't go down soon or later due to crashes. Even when the key person said nonsense about bitcoin several people got out of it, and bitcoin benefited the users who trusted it.

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Quote from: ?? on ??

Quote from: deisik on July 22, 2016, 09:04:09 AM

Quote from: xIIImaL on July 22, 2016, 02:19:00 AM

If every price drop is considered a crash bitcoin has to overcome crashes regularly as we can see regular price fluctuations. When we talk about the foundation its true, we have a almost flawless technology compared to the other alternative coin's backing technology

I don't know what you've been reading, but the OP says about the overall economic crash and huge financial meltdown with bitcoin prices skyrocketing to over $10,000. You may want to finally read the opening post...

It is surely not about Bitcoin crash or Bitcoin price regular pullbacks

Well for sure it is about bitcoin since this is a forum of bitcoin and in the economics section. But somehow you are right with it, that it is about also the economic crash of a country. But however what matters I hope that there is no crash that is going to happen after all.

It is about Bitcoin, but not about Bitcoin crash, get it? It is assumed that people will run into Bitcoin as a safe haven if some economic meltdown of global scale is going to happen...

Whether it is actually going to happen remains to be seen, though

deisik

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Quote from: xIIImaL on July 22, 2016, 02:19:00 AM

If every price drop is considered a crash bitcoin has to overcome crashes regularly as we can see regular price fluctuations. When we talk about the foundation its true, we have a almost flawless technology compared to the other alternative coin's backing technology

I don't know what you've been reading, but the OP says about the overall economic crash and huge financial meltdown with bitcoin prices skyrocketing to over $10,000. You may want to finally read the opening post...

It is surely not about Bitcoin crash or Bitcoin price regular pullbacks

Jmild1

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Quote from: randy8777 on July 21, 2016, 08:15:13 AM

Quote from: silentkiller on July 21, 2016, 07:56:12 AM

Big crash or should we say nice take off.!!!
Btc is starting to take off,next week believe me.

there is nothing that indicates the price to go much higher than current levels in the next week. i don't mind the relatively stable price that we have right now, and don't mind if it continues till next month. right now we first need to go through $700 again before speculating about higher prices as the market is in a very calm state right now.

There is, the halving indicates it. Halving will not immediately felt it's effect because it still on the process and it needs atleast a month. You will see an increase once this halving take effect.

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Quote from: Xester on July 22, 2016, 02:15:22 AM

Quote from: livinglegend on July 19, 2016, 11:30:42 AM

Move to Russia or China? Where does this idea come from?

I have been following this post and until now there is no big crash that has been spotted and threatened bitcoin industry. This is a big joke i guess and there are no clear datas being used to predict such falldown. But I do hope that this may not happen. Instead of big crash there will be a big cash due to increase in bitcoins price.

If every price drop is considered a crash bitcoin has to overcome crashes regularly as we can see regular price fluctuations. When we talk about the foundation its true, we have a almost flawless technology compared to the other alternative coin's backing technology.

Xester

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Quote from: livinglegend on July 19, 2016, 11:30:42 AM

Move to Russia or China? Where does this idea come from?

I have been following this post and until now there is no big crash that has been spotted and threatened bitcoin industry. This is a big joke i guess and there are no clear datas being used to predict such falldown. But I do hope that this may not happen. Instead of big crash there will be a big cash due to increase in bitcoins price.

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Quote from: randy8777 on July 21, 2016, 08:15:13 AM

Quote from: silentkiller on July 21, 2016, 07:56:12 AM

Big crash or should we say nice take off.!!!
Btc is starting to take off,next week believe me.

there is nothing that indicates the price to go much higher than current levels in the next week. i don't mind the relatively stable price that we have right now, and don't mind if it continues till next month. right now we first need to go through $700 again before speculating about higher prices as the market is in a very calm state right now.

That is right, the current price now is good and it has started to move upwards in the past days and now its back to being stable. I think there is no big crash that is coming and price increase is always more dominant than its decrease base on the trend that I see.

Right now, we should be patient if we have invested before the halving as due time will come at the right time, most probably before the end of the year.

randy8777

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Quote from: silentkiller on July 21, 2016, 07:56:12 AM

Big crash or should we say nice take off.!!!
Btc is starting to take off,next week believe me.

there is nothing that indicates the price to go much higher than current levels in the next week. i don't mind the relatively stable price that we have right now, and don't mind if it continues till next month. right now we first need to go through $700 again before speculating about higher prices as the market is in a very calm state right now.

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Big crash or should we say nice take off.!!!
Btc is starting to take off,next week believe me.

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There were reports in the Financial Times and the Daily Telegraph about the banking problems in the Italy.

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Quote from: abs350 on January 01, 2016, 11:15:43 AM

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 also think that big crash will happen soon, probably because of halving because i am sure that price will rise, and price now is stable so i think there will be crash

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Quote from: tyz on July 19, 2016, 10:54:40 AM

Look at the date. 1st January. I guess he still had some residual alcohol in his blood when writing this Cheesy

However, he was right about the part of Russia.

Quote from: RodeoX on July 18, 2016, 11:45:43 AM

Quote from: abs350 on January 01, 2016, 11:15:43 AM

... 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. ...

I thought this part was the funniest part. Cheesy

Russia is about the only place on the planet where bitcoin is actually illegal. I hope nobody took his advice.

I have already explained the reasons why exactly it has been made "illegal" and who's behind this "ban". But die-hards are like that, they don't care if something doesn't quite fit their version of reality

Topic: Big Crash coming - page 47. (Read 115377 times)