Wall Street fiat slaves making bold predictions based on their limited knowledge on Crypto currencies. How many of these experts even know how Bitcoin works or even tried it. I hate those type of people with the negative attitude towards something they hardly know and the arrogance to make predictions is really beyond me.
These guys secretly invest in Bitcoin and then use their status in the Fiat system to manipulate the markets. The sooner we get rid of these guys, the better for all of us. ^grrrrrrr^
Topic: Bitcoin could loose 90% of its value - page 3. (Read 820 times)
I don't think that's going to happen, if it's really that bad.
Because of the recent Asian government attacks on bitcoin, he doesn't know if it will happen.
Because of the recent Asian government attacks on bitcoin, he doesn't know if it will happen.
Bitcoin will raise in price by the end of the year. There is just no way to stop this. Banks are terrified of blockchain technology now!
It is unlikely that bitcoin this year will lose about 90 percent of its value. There are no objective reasons for concern. Bitcoin really in December last year proved to be a financial bubble with an increase in price to $ 20,000. However, it still has a huge margin of safety and it can quite reach in price and 100 000 dollars and at the same time not to burst. Forecasting from Wall Street has always been prejudiced against the crypto currency, so do not pay attention to it.
I don't think so that bitcoin have lose its value to 90% but yea its true that bitcoin is dropped too much like we can see that BTC is dropped from 19K$ to 10K$ and according to my knowledge bitcoin is never fall in such high value before as now but we hope bitcoin will again gain its high margin as we are seeing that more newbie are coming here and also trader have got a chance for trading now more and more.
It means that bitcoin's value will go back to beginning of 2017. If that happens, it will be a good opportunity for new comer.
It is unlikely that bitcoin this year will lose about 90 percent of its value. There are no objective reasons for concern. Bitcoin really in December last year proved to be a financial bubble with an increase in price to $ 20,000. However, it still has a huge margin of safety and it can quite reach in price and 100 000 dollars and at the same time not to burst. Forecasting from Wall Street has always been prejudiced against the crypto currency, so do not pay attention to it.
It's of course not illegal in a market with no legal framework. You have to take the good with the bad.
i said as soon as the fucking wall street gets involved publicly (because they were heavily invested in bitcoin before but now it is public) they will start trying to manipulate the market like this. we have to start getting comfortable with seeing bullshit out of them like this and it is just starting, they will continue to make statements like this and know that everything you hear you should either reverse or tone down by a factor of 1000000!
meaning if they say bitcoin is dead, know that they have placed buy orders at a lower price which they want filled.
if they say price is dropping to x or rising to y then just decrease it and know they have placed buy or sell orders there.
and they say manipulation of a market is illegal....
meaning if they say bitcoin is dead, know that they have placed buy orders at a lower price which they want filled.
if they say price is dropping to x or rising to y then just decrease it and know they have placed buy or sell orders there.
and they say manipulation of a market is illegal....
Wall Street veteran Peter Boockvar warns that Bitcoin could loose 90% of its value
Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market.
He isn't sure if it'll come to a grinding halt or be a slow and steady drop — but he says it's coming.
Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the air is already coming out.
"When something goes parabolic like this has, it typically ends up to where that parabola began," he said on CNBC's "Futures Now."
Boockvar, a CNBC contributor, contends bitcoin is in danger of dropping 90 percent from current levels. He calls it a classic bubble.
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000," he added.
Once the cryptocurrency market cracks, he contends, investor attitudes toward risk assets will change. According to Boockvar, the stock market could see collateral damage, but it would all be based on psychology — not on anything that's fundamentally wrong with the economy.
https://www.cnbc.com/2018/01/19/bitcoin-could-lose-90-percent-of-its-value-wall-st-veteran-boockvar-warns.html
Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market.
He isn't sure if it'll come to a grinding halt or be a slow and steady drop — but he says it's coming.
Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the air is already coming out.
"When something goes parabolic like this has, it typically ends up to where that parabola began," he said on CNBC's "Futures Now."
Boockvar, a CNBC contributor, contends bitcoin is in danger of dropping 90 percent from current levels. He calls it a classic bubble.
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000," he added.
Once the cryptocurrency market cracks, he contends, investor attitudes toward risk assets will change. According to Boockvar, the stock market could see collateral damage, but it would all be based on psychology — not on anything that's fundamentally wrong with the economy.
https://www.cnbc.com/2018/01/19/bitcoin-could-lose-90-percent-of-its-value-wall-st-veteran-boockvar-warns.html
There is no great base on it. Since the moment bitcoin was publicly exposed, other user become so paranoid about it. I do not think bitcoin would be losing 90% since many people are patronising and relying on bitcoin, so does investors are choosing to support bitcoin. So this could be so impossible, and enough to say that this could not happen. We just have to believe on it.
it's just a prediction and anyone can predict the bitcoin price as it is in his mind.
I do not think too much to respond to someone's predictions.
I do not think too much to respond to someone's predictions.
In fact, Wall Street's financial institutions always have a similar argument when it comes to encrypting cryptocurrency market.
But it turned out that they simply wanted to enter the cryptocurrency market at a lower price.
But it turned out that they simply wanted to enter the cryptocurrency market at a lower price.
This is might actually happen because of regulations of existing cryptocurrency and banning of ICOs in every country. But it is always on the hands of the investors if they will make the market go up and down since they are the direct influencer of it.
Bitcoin, altcoin, dogecoin, oilcoin and many more.. crypto currencies are giant HYIPs (High yield investment programs)
I saw this on another thread and it's just so relevant:
https://99bitcoins.com/bitcoinobituaries/
Basically, various experts on the subject has incorrectly predicted that Bitcoin is dead or dying a whopping 245 times. It's certainly possible for Bitcoin to lose 90% of its value, the same way its value could easily double, but Peter Boockvar doesn't really add anything new to the table. You'd think they'd be more conservative in declaring Bitcoin's death by now, but whatever. They're free to believe what they want to believe anyway.
https://99bitcoins.com/bitcoinobituaries/
Basically, various experts on the subject has incorrectly predicted that Bitcoin is dead or dying a whopping 245 times. It's certainly possible for Bitcoin to lose 90% of its value, the same way its value could easily double, but Peter Boockvar doesn't really add anything new to the table. You'd think they'd be more conservative in declaring Bitcoin's death by now, but whatever. They're free to believe what they want to believe anyway.
Why do people keep trying to make 'whales' the enemy? Whales just do what they do. Plankton just do what they do.
Another lame attempt at creating FUD and panic selling. Whales are waiting to swallow the disposed BTCs 
NEVER NEVER NEVER, I mean even if it did drop to 1k, it would only last a few minutes, as everyone would be buying it up, WE have all seen dec, and those of us who didnt benefit from it, want to get on that up ride.
Something that will not perish without a clear cause. Which determines the bitcoin price is down or not it is we who determine it, if we use well then bitcoin will be glorious, if we stay bitcoin then bitcoin price will also fall.
Hope these forecasts will not come true, if Bitcoin releases 90% of the value, then it will greatly hit the confidence of investors, resulting in long-term downturn in the BTC.This is a serious blow to BTC and cryptocurrency.
Wall Street veteran Peter Boockvar warns that Bitcoin could loose 90% of its value
Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market.
He isn't sure if it'll come to a grinding halt or be a slow and steady drop — but he says it's coming.
Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the air is already coming out.
"When something goes parabolic like this has, it typically ends up to where that parabola began," he said on CNBC's "Futures Now."
Boockvar, a CNBC contributor, contends bitcoin is in danger of dropping 90 percent from current levels. He calls it a classic bubble.
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000," he added.
Once the cryptocurrency market cracks, he contends, investor attitudes toward risk assets will change. According to Boockvar, the stock market could see collateral damage, but it would all be based on psychology — not on anything that's fundamentally wrong with the economy.
https://www.cnbc.com/2018/01/19/bitcoin-could-lose-90-percent-of-its-value-wall-st-veteran-boockvar-warns.html
I do not think Bitcoin can lose 90% of its value because many investors are trying to stifle its, so movement that does not mean it will drop to 90%. Many whales are trying to create bad news about Bitcoin that scare Bitcoiner and sell it for a price dump. They can take advantage of this fear to make a profit. Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market.
He isn't sure if it'll come to a grinding halt or be a slow and steady drop — but he says it's coming.
Boockvar, chief investment officer at Bleakley Advisory Group, is certain crypto is in a giant bubble, and the air is already coming out.
"When something goes parabolic like this has, it typically ends up to where that parabola began," he said on CNBC's "Futures Now."
Boockvar, a CNBC contributor, contends bitcoin is in danger of dropping 90 percent from current levels. He calls it a classic bubble.
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000," he added.
Once the cryptocurrency market cracks, he contends, investor attitudes toward risk assets will change. According to Boockvar, the stock market could see collateral damage, but it would all be based on psychology — not on anything that's fundamentally wrong with the economy.
https://www.cnbc.com/2018/01/19/bitcoin-could-lose-90-percent-of-its-value-wall-st-veteran-boockvar-warns.html
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