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Topic: Big Crash coming - page 62. (Read 115401 times)

tyz
legendary
Activity: 3360
Merit: 1533
April 04, 2016, 06:58:33 AM
Ethereum is the second most traded coin after Bitcoin. it replaced Ripple and Litecoin. Therefore there is a lot of potential for pump and dumps of the coin. And do not forget the daily increasing Ethereum amount.

Well people keep saying that ETH is coming to join bitcoin values,one thing is sure people are manipulating this altcoin a lot ,i remember poloniex value 200ksatoshis,now its worthing atleast 10times more,i never saw any altcoin with 50k bitcoin inside soo i believe people will pump and dump a lot more eth,about bitcoin i dont know really,for me it has been pumped from the last year .
member
Activity: 117
Merit: 10
April 04, 2016, 05:54:22 AM
Well people keep saying that ETH is coming to join bitcoin values,one thing is sure people are manipulating this altcoin a lot ,i remember poloniex value 200ksatoshis,now its worthing atleast 10times more,i never saw any altcoin with 50k bitcoin inside soo i believe people will pump and dump a lot more eth,about bitcoin i dont know really,for me it has been pumped from the last year .

The price number of the individual coin does not matter too much, it is the total market capitalization of the coin.
sr. member
Activity: 476
Merit: 250
April 02, 2016, 07:29:21 PM
Well people keep saying that ETH is coming to join bitcoin values,one thing is sure people are manipulating this altcoin a lot ,i remember poloniex value 200ksatoshis,now its worthing atleast 10times more,i never saw any altcoin with 50k bitcoin inside soo i believe people will pump and dump a lot more eth,about bitcoin i dont know really,for me it has been pumped from the last year .
full member
Activity: 210
Merit: 100
April 02, 2016, 05:39:47 PM
This guy made my day. Cool story bro. I'm off to sleep now.

Look where we are now. Nowhere near 10k, but stuck between $400 and $450.


          If investors switch to Ether or other altcoins it will be very difficult to obtain enough hash power for transactions.


That's why ETH is switching to POS in 2017. Yay.

Not that I`m a big fan for alt coins, due to previous past that I seen for pump and dumps.

Whats the POS you are referring to? is that something that has an edge over bitcoin?
sr. member
Activity: 476
Merit: 250
April 02, 2016, 10:24:35 AM
I dont know till which point the halving may affect the price,because last year we were at 200-250 dollars and january we had almost hitted the 500 dolalrs ,soo this pumpe has been made soo maybe the halving price has already the current one at the 400 dollars.Nothing happened last year to force and to support the current value.
legendary
Activity: 938
Merit: 1002
April 02, 2016, 07:19:38 AM
This guy made my day. Cool story bro. I'm off to sleep now.

Look where we are now. Nowhere near 10k, but stuck between $400 and $450.


          If investors switch to Ether or other altcoins it will be very difficult to obtain enough hash power for transactions.


That's why ETH is switching to POS in 2017. Yay.
legendary
Activity: 918
Merit: 1000
April 02, 2016, 06:38:11 AM

          If you mine gold, there is a cost to mine the ounce of gold.If you do not profit you do not mine.The supply will decrease while the demand is stable the gold price increase.

          Same for BTC.If the cost of mining BTC is more then the value and everybody stops mining there will be a point before balancing the supply demand where there will be a need for hash.

          If investors switch to Ether or other altcoins it will be very difficult to obtain enough hash power for transactions.

          If there was a stastical data for the number of people holding BTC and BTC per account it would be easier to make predictions.
full member
Activity: 168
Merit: 100
April 02, 2016, 05:39:22 AM
  What would you do if BTC price jumped 600 USD AFTER halving and dropped 300 USD after; s7, avalon6 do not have ROI.

  What would you do?Close your farm, rig?Buy new high efficiency miners?

  Do you have plans for such scnerios?

That sounds like something far possible. A huge rise just after halving because of the mindset of most users. Then 90% of holders selling at the same time causing a huge crash. That's exactly what's going to happen in my oppinion.


That is really far from happening,the price of bitcoin will not jump that fast but it will gradually get to 600 in 3-4 months then it might drop but not in 300.
sr. member
Activity: 462
Merit: 250
April 02, 2016, 05:13:35 AM
  What would you do if BTC price jumped 600 USD AFTER halving and dropped 300 USD after; s7, avalon6 do not have ROI.

  What would you do?Close your farm, rig?Buy new high efficiency miners?

  Do you have plans for such scnerios?

That sounds like something far possible. A huge rise just after halving because of the mindset of most users. Then 90% of holders selling at the same time causing a huge crash. That's exactly what's going to happen in my oppinion.
legendary
Activity: 918
Merit: 1000
April 02, 2016, 12:13:55 AM
  What would you do if BTC price jumped 600 USD AFTER halving and dropped 300 USD after; s7, avalon6 do not have ROI.

  What would you do?Close your farm, rig?Buy new high efficiency miners?

  Do you have plans for such scnerios?
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 02, 2016, 12:07:28 AM
actually the price is rising now and halving is coming. did you mean halving is the crash?

I don't have any idea why were you pretty sure a crash will happen in this year. let me know.

Crash often takes place with bitcoin. If the price of bitcoin doesn't go high on halving or doesn't have much effect on halving, it might be a big crash of all time.
legendary
Activity: 1176
Merit: 1017
April 01, 2016, 03:27:21 PM
I don't belive in crashes cause my good friend told me don't listen to prophets and you will be safe.

True...Sometimes.  You'd have to admit that the concept of currency has been re-examined over the past few years.  The research that's been accumulated surrounding information mining and peer to peer networking has had a tremendous impact on how value is calculated within the markets. I believe that we are right in the middle of a major shift in economics....Let us hope that it doesn't crash the economy!
hero member
Activity: 854
Merit: 500
April 01, 2016, 12:52:11 PM
I don't belive in crashes cause my good friend told me don't listen to prophets and you will be safe.
full member
Activity: 168
Merit: 100
March 30, 2016, 02:56:09 AM
For a long time bitcoin price is on the increasing side. Only small fluctuations were experienced during the past few weeks. So I don't think something as a big crash gonna take place.

Oh man!
My friend have you read the op? I guess not!
He is not speaking about a crash of Bitcoin.
It's the economy he believes will go down and crash.And therefore he predicts a price of $10.000 for Bitcoin.

Next time you should read page 1 before posting anything.That was embarrassing! Cheesy

Most people read the 1st sentence super fast?

His comment with the whole 2008-09 crisis with mbs being sold to investors by the banks.. is not gonna happen.

There will be another financial thing, but it`ll be a different product and his point is all based on if everyone found out about bitcoin.. then invested.

Which would support his buy orders, but that wont be the case.
legendary
Activity: 1442
Merit: 1016
March 30, 2016, 02:51:44 AM
For a long time bitcoin price is on the increasing side. Only small fluctuations were experienced during the past few weeks. So I don't think something as a big crash gonna take place.

Oh man!
My friend have you read the op? I guess not!
He is not speaking about a crash of Bitcoin.
It's the economy he believes will go down and crash.And therefore he predicts a price of $10.000 for Bitcoin.

Next time you and a few others here as well should read page 1 before posting anything.That was embarrassing! Cheesy
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 30, 2016, 02:31:23 AM
For a long time bitcoin price is on the increasing side. Only small fluctuations were experienced during the past few weeks. So I don't think something as a big crash gonna take place.
legendary
Activity: 1176
Merit: 1017
March 29, 2016, 05:23:23 PM
I'm not as pessimistic as the OP but the structure of the west's financial systems seem very precariously situated at best....How long can we allow ourselves to run in the red before we figure out that we're digging ourselves a deeper and deeper hole?
The united state government has already detached itself from banks by implementing bail-in infrastructure. They know that the dollar isn't functioning as well as it used to, so they're trying to stall the collapse as much as possible. Anything that they do won't change the final outcome, dollar is broken and a ticking time bomb.

I don't know....major shifts are in the works!  When it comes down to it, knowledge will rule....not money!  Peer to peer networking is where the REAL value seems to exist.  Manual labor seems to be taking a back seat to intellectual labor....it's scary in my opinion!
Machines have been stealing manpower since the beginning of time.
Self driving cars will most likely be the biggest hit on manual labor that I foresee, but until we hit AI singularity, there will be no shortage of new jobs within the tech industry.

These are very true.  What I think is being underestimated in our contemporary understanding of economics and what I believe is being evaluated frantically behind closed doors is what I think of as "hive economics."  In my mind it is sorta of like measuring a GDP or a labor pool, only less obvious, tangible, and quantitative.  It is only in recent times that information has been being gathered and processed in real time to derive "pictures" of how things work economically in the global "hive."  This new way of processing information has a means of being monetized that is only now being contemplated....For example, intellectual properties are becoming units of currency without a necessity to have a middle agent to exchange value, contracts being deployed, ratified, and enforced without the need for judges, lawyers, or enforcement agencies....etc.  It's not just the way we exchange and attribute value to goods and services that's being replaced, but it's a complete juxtaposition of the way we MEASURE their value.  

I know this is an abstract view but I can't think of another way to illustrate what seems to be happening as a consequence of this new information processing revolution that's beginning.
tyz
legendary
Activity: 3360
Merit: 1533
March 29, 2016, 12:47:40 PM
No, this thread is mainly about world economy crash not acutally Bitcoin crash. But some here also talk about an upcoming Bitcoin crash (what I personally do not believe).

actually the price is rising now and halving is coming. did you mean halving is the crash?

I don't have any idea why were you pretty sure a crash will happen in this year. let me know.
legendary
Activity: 2604
Merit: 1036
March 29, 2016, 10:33:14 AM
The halving is supposed to increase the value not decrease it. I don't think we will see a crash as big as when that $1200 bubble bursted because that super-pump was orchestrated by the speculators and everyone was riding the Bitcoin rocket to the Moon. However if the value of Bitcoin really plummets to the $200 level everyone will incur big losses and I am not sure we will ever recover from that.
sr. member
Activity: 350
Merit: 250
March 29, 2016, 10:21:06 AM
actually the price is rising now and halving is coming. did you mean halving is the crash?

I don't have any idea why were you pretty sure a crash will happen in this year. let me know.

it have never happen. Yes the situation is not proper at the moment.
But if you think about it, low oil prices are also helping the economy. It's in general not a burden.
So probably the 2016 will end like the years before Without any big crash.
I also think that it will not happen this year, because we all can see that the value now around this time is not even rising and that is not good for the halving and for people that is waiting for a price increase.
Everyone wants to make profit fast with Bitcoin but that is not possible now so we have to trade or gamble to make more money.
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