Topic: Big Crash coming - page 9. (Read 115377 times)

always be positive about how bitcoin price move , everybody expect and wish the price of bitcoin keep growing to the highest , well it is just an expectation , you have to realize it by keep the coins circulating , a lot of things you can do to help it grow faster actually.

you just don't know yet and some people still expect bitcoin to crash and take it as a moment to start farming to invest in bitcoin at low price.

That's right. Slowly rise is more prefered to many bitcoin holders rather what is happening now with bitcoin's price, it's just jumping and dropping with big steps; such behavior makes people only to panic and make some risky decisions.

That is right. Slow price rise will be more healthy. The volatility will deter the general adoption of bitcoin.

Correct because I would rather want to see a price increase slowly than there is an abrupt increase which is very scary for us. The recent drop is very alarming but good thing it's back up now, I think we will be stable at $1,200 and will continue to increase slowly overtime.

And what news are that? The bitcoin bull news? Bitcoin has great potential but to reach that price there is a long road ahead of us, be happy with the price as it is since it is already large enough that no matter at what price you bought you can make a profit.

I am going to continually buy bitcoin. 1200 is still cheaper than what bitcoin will cost in a year. If the ETF does get rejected bitcoin will probably experience a small correction, not as big as people might think, and then quickly resume its bull run and a month or two from now it will set new all time highs. If the ETF passes watch out the All Time Highs will just come sooner. Personally I think the ETF will pass, its just a gut feeling, but we have a new administration one that's supposed to be more bitcoin friendly and the ETF has been jerked around for so many years now that no one expects anything, I think its going to happen and I placed my bets accordingly. 

They are assuming that the crash will happen pretty soon because of the approval or some other reason that are pulling bitcoin down.

These people doesn't have enough time to buy back bitcoin instead they are wanting to make people sell them most.

Too bad that most of them sold at lower price and right now they can't attain to see the price is flying to the moon. 

I agree with you, the price would just stabilize around $1000 in the worst case scenario but I have high hopes for Bitcoin to succeed.

Some people are called extremists for saying this but never sell.  There is no good time to swap bitcoin to cash.    The reason to hold cash is to pay bills, but to save in cash thats where I kinda think the extreme point of view is reasonable.      
I do not think bitcoin will crash, barring a protocol failure.   However I did exchange some bitcoin to gold via a handy website.   Thats also disputed, the gold is held centrally and it relys on a vault.  So its very much not bitcoin distribution.

The reason I dont consider that a sell exactly is that its not that swap back to government promise notes.  Its not going back to full weakness of the traditional system.  Gold is likely to rise like bitcoin is so really its a decent hedge, I hope people will consider.   Look at your national history and if your countrys money was ever linked to gold directly or indirectly via bretton woods.

To swap some bitcoin to gold is very reasonable, its a nod to possible crash in any currency standard and its just respecting the same fundamentals your grandparents lived by.  Is that so radical or extreme, not really.  

Crash means an extreme or far out data point.   Before that you could do just small things like spread your exposure.  I think people too often are running to oppisite side of the boat hoping to counter the crash they fear; this action in itself can be dangerous.  Be a moderate vs a crash scenario

This is the right advice, selling at the moment is a good choice if you got your coins weeks or months ago, since the price seems like is going down but it will bounce back like it always does, this is probably one of the easiest ways of making bitcoins.

I don't believe in that either

But that doesn't mean that we won't see a few attempts at instigating panic selling after the decision is announced. What we saw today (a flash crash to well below the 1,200 dollar mark) may well be some insider cashing out. But as Bitcoin is very resilient now, we will likely see the same pattern after the disapproval is made public. One thing is certain though, if against all odds the Bitcoin ETF gets approved, we should see a wild run on Bitcoin up to 1,500 dollars and likely above that within a few days

when is big crash? lol.

of course it will eventually come, but it could be 10 years later.

No the decision is now going to be March 13th for ETF.   I sure hope this rise is not all about that simple exchange vehicle.   I think its more China driven not new york based, thats just one of many destinations.

The way it keeps blipping down in a nervous way but immediately rising back, that surely looks bullish.  I think only btc protocol decisions matter but my view on China is just a guess

It all depends on what decision will be made on March 11. If it is positive, then you can wait for the price to take off, and if negative, then there will be a fall

but i do not think that we are going down from 1200 USD level. i think the increasing trend of bitcoin will continue for a long time and hope that this time the price of bitcoin will easily cross 2000 USD level.

Believing too much isnt bad at all but we should always remember the risk related on holding or trading cryptos but as long we do make money it would be fine. Crash on bitcoins price might happen anytime and we wont know on when since we cant predict future but im sure it wont go below $1k price.

You may know but I don't

More than that, I don't really think that the current rally is caused by these expectations. Unlike last year halving, there is no such hype, primarily because people don't really expect the Bitcoin ETF to be approved. There is no fertile ground for rabid hype, mass hysteria or collective obsession about that. The price may go down somewhat (if this ETF doesn't get approved) but that would be more like a knee-jerk reaction which we see after any negative news coming out. In any case, we don't have to wait long, just a few days more, and we will see who will hit the nail on the head. If the ETF does get approved though, we may in fact see a massive rally (since that would be mostly unexpected)

They also say the last time it crashed down to $200 was because it already hit to the limit which they also said $1300, I wonder who sets the limit but I'm definitely positive that it will rise above $1300 this time. It only take a bit of time and some fud to other altcoins and this will rocket more than $1400 as predicted by gurus. If it however go the other way, then I guess I've listen to the wrong prophets but will still be buying more. I can not lose my hope to get rich because of crypto.

If you say something, it would be a normal thing to at least explain why the price will/might go down according to you. It shows you putting some effort in your posts instead of making yourself look like someone that is only interested in activity gains...


How can you not understand that there is more than a title that you must read? Other than that, CCN is a horrible "news" site that writes most of its articles because they are paid to do so. Their articles are most of the times filled with pure bias, which is the result of their greed. Not that other news sites aren't doing the same thing, but it's far less obvious in their cases.

On the one hand it seems $ 1000 is a significant cost but for some reason it seems that the fall will not stop at this level and go below at least a short-term.