Author

Topic: Bitcoin crash (Read 861 times)

legendary
Activity: 2170
Merit: 1427
January 06, 2018, 03:30:51 PM
#79
It would seem that people are just trying to cause panic by yelling about a crash every now and then so they can take advantage of the dip. Much like what jamie dimon did a few months back. Bitcoin will not crash as it will most certainly rise in value. Unless governments interfere that is

The major difference is that Jamie Dimon sits comfortably on a seat as CEO of the largest and most poweful wall street bank. If the market reacts on what the CEO says of such financial institution, it's somewhat understandable that people have the urge to panic sell, which also seemed to happen at that time. It however won't work again. All empty headed noobs here talking about crashes can't do anything in terms of influencing the market. If anyone here takes the words of a bunch of noobs here seriously, that person itself is even a bigger noob that should seek for mental help.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 06, 2018, 11:27:40 AM
#78
Has the Bitcoin crash just started?
No, people talk so much about possible crashes that it seems that is what they want, the price of bitcoin needed a correction and since the price increase was monumental the price correction needed to be big as well, that is not a crash that is just bitcoin doing bitcoin things, as you can see we are back at the healthy price of 15k which is not bad if we take into account everything that happened.

It would seem that people are just trying to cause panic by yelling about a crash every now and then so they can take advantage of the dip. Much like what jamie dimon did a few months back. Bitcoin will not crash as it will most certainly rise in value. Unless governments interfere that is
hero member
Activity: 1092
Merit: 501
January 03, 2018, 10:26:49 PM
#77
Has the Bitcoin crash just started?
No, people talk so much about possible crashes that it seems that is what they want, the price of bitcoin needed a correction and since the price increase was monumental the price correction needed to be big as well, that is not a crash that is just bitcoin doing bitcoin things, as you can see we are back at the healthy price of 15k which is not bad if we take into account everything that happened.
copper member
Activity: 658
Merit: 284
January 03, 2018, 12:01:39 PM
#76
Has the Bitcoin crash just started?
Bitcoin went through what is called the market correction in the last few days, probably a week or two. Bitcoin was in correction because whenever the bitcoin price hit the highest level in the market there must be a correction that will come to balanced the bitcoin price in the market. And it currently appears the correction period is over since the bitcoin price already started recovering. Bitcoin price normally recovers within the first two to three weeks after correction period. 
full member
Activity: 352
Merit: 100
January 03, 2018, 01:05:59 AM
#75
Has the Bitcoin crash just started?
Yes,  and I do bwlieve that it has to do with the season. We are now on christmas season wehrein people are expected to be in need of money for different reasons so maybe they are selling their Bitcoin for them to use it to buy the things that they want. The demand is falling as well as its value since the transactions are getting higher
If I look at the current price then I believe the Bitcoin price will move fairly stable. Decline and rise in prices also look normal and not enough to cause negative impacts. I see this as something that always happens to Bitcoin, It may be strange for some people who just know Bitcoin. But the fact is that the price of Bitcoin always experience the movement and the current price can be said as thing happened, we have been able to prove that for the last 2 weeks Bitcoin price never change much.
Yeah you are right the price is not decreasing too much but it is becoming stable. There is a huge increase in the price in the past 3 months so what happened if it feels down a little bit. Many people are thinking negative about the price of bitcoin because of a little bit fall but they are not looking at the big rise in the price in past few months. If the price fell down a little bit it doesn’t mean that the crash of bitcoin started.
full member
Activity: 397
Merit: 100
December 29, 2017, 12:54:46 AM
#74
People always keep on saying bitcoin crash or dead. When price fall down usually most traders convert into other altcoins to have profit I think. And Ive heard most switch into bcc as we all know most traded also in bcc. But in bitcoin I know it will recover and will remain active.
Be a true follower and to the true followers bitcoin is more sincere ad those who left the side of bitcoin will come again and will invest double amount to get bitcoin again because bitcoin crash will not stay for forever as in past also there was a huge pump after every small dump and same will happen now maybe this time pump will give prices an increment of more than 15k dollar so be seated and stay with bitcoin to earn,
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
December 21, 2017, 01:28:11 PM
#73
The price of Bitcoin is slowly decreasing, which is just normal after such price increases. However, the price will fall back a little more. That will be the time to start buying again. Whales are now cashing out, that's why we see the price going down. But next year the price will certainly go up again. In May 2018 the price will be over 20K.
full member
Activity: 171
Merit: 100
December 21, 2017, 01:18:42 PM
#72
It depends on what do you consider a "real crash" i dont think that it has crashed, maybe you are a little bit newbie in here and you think that a drop of 20%  is a "crash".
if you do not know how the market works, then please, leave this forum.
legendary
Activity: 3080
Merit: 1353
December 21, 2017, 12:46:30 PM
#71
Doesn't look like a crash to me. Although there are whales cashing out at this very moment, causing panic making others (newbies) follow as well. On the other hand, Bitcoin Cash is down more than 20%, so that might be a crash for me. But as far as bitcoin is concern, its inevitable, we are all been waiting for this correction to happen so that we can go back and buy bitcoin at discounted price. The planned coordinate attack by the entities behind Bitcoin Cash is over just as predicted by most of us. It will not last because they really don't have the support of the community. People cashing out their bitcoin and probably shifting to altcoins because they want to see this whole Bitcoin vs Bitcoin Cash unfolding. Nevertheless, dust is already settled and I'm assuming in matter of days they will all go back to bitcoin ecosystem again and push the price to $16,000-$17,000. No need to panic here. Its just the nature of cryptos. But if you are swayed to sell your bitcoin, that will be OUCH, should have hodl on it and not fall for the trap.
sr. member
Activity: 531
Merit: 250
December 21, 2017, 12:33:12 PM
#70
Don't fret, my child. This is just a correction. Zoom out and look at the gains over the MONTH! If you're afraid, then you've probably invested too much. Bitcoin is always under attack, and always comes back stronger. HODL! Good luck!
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
December 21, 2017, 10:58:26 AM
#69
It did crash however I think it is ripe for it to pump again since a lot of altcoins just pump and they need to correct. Chances are people will start dumping alts and buy bitcoins as it is pretty low right now. I already cashed out my Doge, though a bit early at 45 sats each still good profits and looking like it will all crash back down to make bitcoins rise. This is always a seesaw action. When alts go up, bitcoins go down, then when bitcoins go up, people leave alts and go back to bitcoins.
People taking profits, nothing to see.
sr. member
Activity: 375
Merit: 250
December 21, 2017, 10:15:21 AM
#68
I really don't understand why there is all the hate for Bitcoin Cash, I am not a supporter nor am I un supportive
of it. But I just don't get why everyone hates it so much, it makes sense groups would fork off because of the
huge fees and backlog.

I hate it that people I know who are just now getting into bitcoin have to pay these rediculous fees and wait
hours to get their transactions confirmed even after they paid a $10 fee.

Besides the trademark infringement arguement why the hate? Enlighten me please.
-it lowers btc
-they missed the train
-splits network power/security
-the two forks may lower investor confidence for various reasons. Raises questions.  Limited supply is no longer limited. How many forks will there be. Which fork is authentic. Which one will merchants adopt. Who makes these decisions.  What's a fork.  Sounds like a scam I better invest in gold,  etc

Others also don't like that it's basically owned by Bitmain.

Did you mean that bitcoin cash own by bitmain?
sr. member
Activity: 994
Merit: 302
December 21, 2017, 10:11:27 AM
#67
I really don't understand why there is all the hate for Bitcoin Cash, I am not a supporter nor am I un supportive
of it. But I just don't get why everyone hates it so much, it makes sense groups would fork off because of the
huge fees and backlog.

I hate it that people I know who are just now getting into bitcoin have to pay these rediculous fees and wait
hours to get their transactions confirmed even after they paid a $10 fee.

Besides the trademark infringement arguement why the hate? Enlighten me please.
-it lowers btc
-they missed the train
-splits network power/security
-the two forks may lower investor confidence for various reasons. Raises questions.  Limited supply is no longer limited. How many forks will there be. Which fork is authentic. Which one will merchants adopt. Who makes these decisions.  What's a fork.  Sounds like a scam I better invest in gold,  etc

Others also don't like that it's basically owned by Bitmain.
newbie
Activity: 39
Merit: 0
December 21, 2017, 09:10:59 AM
#66
It did crash however I think it is ripe for it to pump again since a lot of altcoins just pump and they need to correct. Chances are people will start dumping alts and buy bitcoins as it is pretty low right now. I already cashed out my Doge, though a bit early at 45 sats each still good profits and looking like it will all crash back down to make bitcoins rise. This is always a seesaw action. When alts go up, bitcoins go down, then when bitcoins go up, people leave alts and go back to bitcoins.

I agree, this has been what I have observed. From the looks of it the alts are pretty high up there and they aren't supposed to be this high and BTC is pretty low and has not gone up since it corrected a few days ago. This might result to a reversal in the next days. It is extremely possible to see a change on who is leading, bitcoins or alts.
hero member
Activity: 756
Merit: 505
December 21, 2017, 09:06:06 AM
#65
It did crash however I think it is ripe for it to pump again since a lot of altcoins just pump and they need to correct. Chances are people will start dumping alts and buy bitcoins as it is pretty low right now. I already cashed out my Doge, though a bit early at 45 sats each still good profits and looking like it will all crash back down to make bitcoins rise. This is always a seesaw action. When alts go up, bitcoins go down, then when bitcoins go up, people leave alts and go back to bitcoins.
legendary
Activity: 3052
Merit: 1273
December 21, 2017, 08:59:36 AM
#64
Has the Bitcoin crash just started?

Things never remain the same as always and whatever goes up, comes down again. But that doesn't mean "crash" as you demonstrated, but a wave of correction is being seen in the markets. You must be familiar with the reason why you are here, and that's the constant rise in bitcoin's value that it maintained to make it over 19 times in a year itself. So, correction is normal here, stop calling it crash every time you see a drop-off because then, you really don't understand the way it works. Being dropped in a shot means crash, dropping with stability isn't.
jr. member
Activity: 54
Merit: 10
December 21, 2017, 08:53:56 AM
#63
Has the Bitcoin crash just started?

Isn't likely a crash but a correction over the price pump in the lastest weeks, people is turning into altcoins to pump again BTC whenver they see it to be possible.
legendary
Activity: 1596
Merit: 1011
December 21, 2017, 08:53:06 AM
#62
Has the Bitcoin crash just started?
Yes,  and I do bwlieve that it has to do with the season. We are now on christmas season wehrein people are expected to be in need of money for different reasons so maybe they are selling their Bitcoin for them to use it to buy the things that they want. The demand is falling as well as its value since the transactions are getting higher
If I look at the current price then I believe the Bitcoin price will move fairly stable. Decline and rise in prices also look normal and not enough to cause negative impacts. I see this as something that always happens to Bitcoin, It may be strange for some people who just know Bitcoin. But the fact is that the price of Bitcoin always experience the movement and the current price can be said as thing happened, we have been able to prove that for the last 2 weeks Bitcoin price never change much.
legendary
Activity: 1512
Merit: 1041
December 21, 2017, 08:15:36 AM
#61
Don't mistake a crash with a health correction. If you haven't bought in yet, just wait until the next rally and never catch a falling knife.

This is most probably just a normal and healthy correction. I wouldn't be afraid as long as there's no bad news yet.
Apparently, just a very normal one which has been anticipated for a long time now and that to me is an awesome one. At least with that, we know the market is doing well and like you said, even with bad news, bitcoin still shows several signs of thriving which to me is a very good thing which shows how strong the market really is.

Times have changed and a lot of investors are looking for a new buy opportunity and with the strength of the market being tested, no one is busy waiting for a very long dip as they know there are already people on ground ready to quickly buy it up if they do not act fast which is the reason why the bears do not last that much and that is some strength to be happy about.
sr. member
Activity: 658
Merit: 256
Freshdice.com
December 21, 2017, 08:05:44 AM
#60
Has the Bitcoin crash just started?
Yes,  and I do bwlieve that it has to do with the season. We are now on christmas season wehrein people are expected to be in need of money for different reasons so maybe they are selling their Bitcoin for them to use it to buy the things that they want. The demand is falling as well as its value since the transactions are getting higher
sr. member
Activity: 434
Merit: 250
December 21, 2017, 08:00:01 AM
#59
Has the Bitcoin crash just started?

This cannot be said looking at the percentage of downfall .  This is a very premature stage to judge the fatal future predictions . Bitcoin has just gone down by $1000 or maximum $1500 . Looking at the current value it is not losing and gaining this amount is becoming pretty much usual .
So panicking won't help at this moment . Rather you should buy as bitcoin has gone down .
sr. member
Activity: 742
Merit: 252
Moonbet.io | Web3 Casino
December 21, 2017, 06:42:40 AM
#58
I believe that every market needs time to rest. Correction only has a good effect on the market. A temporary drop in price is not a reason to panic. It is not a crash.
I feel it will happen on bitcoin cash price will having a dump soon just my speculation. This is just hype I guess thats why many traders into bcc. Yes in bitcoin it is a correction happen yet it is always have time to recover.

Yes, there is a lot of hype around Bitcoin. The price will probably dump, because it is already high. I wonder how much money people can still invest.
full member
Activity: 2128
Merit: 180
December 20, 2017, 06:11:55 PM
#57
Bitcoin is falling but i see no reason to sell on panic, Its very normal because of the current event on bch who got listed on coinbase. Bitcoin will bounce back for sure, this is just a temporary dump so better to take this as a golden opportunity to hold more bitcoin.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
December 20, 2017, 06:06:58 PM
#56
I really don't understand why there is all the hate for Bitcoin Cash, I am not a supporter nor am I un supportive
of it. But I just don't get why everyone hates it so much, it makes sense groups would fork off because of the
huge fees and backlog.

I hate it that people I know who are just now getting into bitcoin have to pay these rediculous fees and wait
hours to get their transactions confirmed even after they paid a $10 fee.

Besides the trademark infringement arguement why the hate? Enlighten me please.
-it lowers btc
-they missed the train
-splits network power/security
-the two forks may lower investor confidence for various reasons. Raises questions.  Limited supply is no longer limited. How many forks will there be. Which fork is authentic. Which one will merchants adopt. Who makes these decisions.  What's a fork.  Sounds like a scam I better invest in gold,  etc
full member
Activity: 742
Merit: 144
December 20, 2017, 06:03:05 PM
#55
Bitcoin has been testing the $20k mark, it's going to fluctuate a lot until it finds stability. Take advantage of the swings while you can.

A great opportunity to buy more bitcoin because soon BCH will dump deeper for good. Bitcoin is powerful watch out because it will bounce back even higher, they will kill all and remain on top. Do grab more today or regret later on, the decision is yours make it right.
sr. member
Activity: 896
Merit: 290
December 20, 2017, 05:58:35 PM
#54
I really don't understand why there is all the hate for Bitcoin Cash, I am not a supporter nor am I un supportive
of it. But I just don't get why everyone hates it so much, it makes sense groups would fork off because of the
huge fees and backlog.

I hate it that people I know who are just now getting into bitcoin have to pay these rediculous fees and wait
hours to get their transactions confirmed even after they paid a $10 fee.

Besides the trademark infringement arguement why the hate? Enlighten me please.
full member
Activity: 490
Merit: 101
December 20, 2017, 12:46:18 PM
#53
Bitcoin has been testing the $20k mark, it's going to fluctuate a lot until it finds stability. Take advantage of the swings while you can.
sr. member
Activity: 994
Merit: 302
December 20, 2017, 12:30:39 PM
#52
It's playing around $16,000 which is where it was before it hit around $20,000. So, I don't really find this worry (save for the fact I was hoping to pull some of my coins for Christmas). I guess we can thank Roger Ver and his friends at Coinbase for this then? If you got cash, maybe you can buy some now.
sr. member
Activity: 719
Merit: 250
December 20, 2017, 12:25:30 PM
#51
I believe that every market needs time to rest. Correction only has a good effect on the market. A temporary drop in price is not a reason to panic. It is not a crash.
I feel it will happen on bitcoin cash price will having a dump soon just my speculation. This is just hype I guess thats why many traders into bcc. Yes in bitcoin it is a correction happen yet it is always have time to recover.
hero member
Activity: 3080
Merit: 603
December 20, 2017, 12:13:48 PM
#50
Bitcoin crash is a failed project, i won't buy bcrash, even if it's currently pumping is going to crash soon. Bcrash wanna crash  Grin Grin Grin
Haha I can't take it, I don't know if OP is trying to be sarCRASHtic and talking about bitcoin cash or he's referring to the real crash of bitcoin. Anyway, bitcoin is on correction and that's the only thing I know for today. And this thread seems to be a double meaning, referring to the bitcoin crash scenario and also to the bitcoin cash (the fork coin).
legendary
Activity: 1680
Merit: 1205
December 20, 2017, 12:02:52 PM
#49
Bitcoin crash is a failed project, i won't buy bcrash, even if it's currently pumping is going to crash soon. Bcrash wanna crash  Grin Grin Grin
sr. member
Activity: 714
Merit: 250
December 20, 2017, 11:59:00 AM
#48
People always keep on saying bitcoin crash or dead. When price fall down usually most traders convert into other altcoins to have profit I think. And Ive heard most switch into bcc as we all know most traded also in bcc. But in bitcoin I know it will recover and will remain active.
hero member
Activity: 910
Merit: 550
December 20, 2017, 11:32:15 AM
#47
I think it is only a correction because the bitcoin price came too high and without the crash that would be an imbalance concept for bitcoin. That's why when there's a drastically increasing in price sooner or later the correction for it will come.
member
Activity: 242
Merit: 14
December 20, 2017, 10:43:14 AM
#46
It was a coordinated attack on Bitcoin from Bcash +
Insider trading activity before Bcash was added to coinbase + attack on BTC Network + a Lot of FUD

It was the same story around the time that segwit2x was cancelled, bitcoin cash profited greatly from that uncertainty. Right now again bitcoin is suffering as bitcoin cash was added to coinbase. Dropping 10% is not a crash, bitcoin will recover in some time.

Isn’t it closer to 20% off peak now?
full member
Activity: 364
Merit: 105
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 20, 2017, 10:32:05 AM
#45
It was a coordinated attack on Bitcoin from Bcash +
Insider trading activity before Bcash was added to coinbase + attack on BTC Network + a Lot of FUD

It was the same story around the time that segwit2x was cancelled, bitcoin cash profited greatly from that uncertainty. Right now again bitcoin is suffering as bitcoin cash was added to coinbase. Dropping 10% is not a crash, bitcoin will recover in some time.
sr. member
Activity: 742
Merit: 252
Moonbet.io | Web3 Casino
December 20, 2017, 10:19:55 AM
#44
I believe that every market needs time to rest. Correction only has a good effect on the market. A temporary drop in price is not a reason to panic. It is not a crash.
member
Activity: 140
Merit: 10
Feeling Relax in Underpressure
December 20, 2017, 09:19:17 AM
#43
Bit coin cash price increase rapidly nowadays. I think application of Bit coin cash is good that's why bit coin cash is famous in crypto field
hero member
Activity: 994
Merit: 502
December 20, 2017, 08:58:11 AM
#42
Yes the combined support to bitcoin cash has made the price stabilize. This is not a crash, all that taking place with bitcoin at present is completely the growth. Maybe the price will get lowered for a short, but this will surely end up in a price increase reaching new ath. So, there is no need of panic on price fall.
hero member
Activity: 718
Merit: 500
December 20, 2017, 08:35:37 AM
#41
It was a coordinated attack on Bitcoin from Bcash +
Insider trading activity before Bcash was added to coinbase + attack on BTC Network + a Lot of FUD
legendary
Activity: 1526
Merit: 1179
December 20, 2017, 07:58:05 AM
#40
What happened with the price of bitcoin yesterday and today is a common speculation. Knowledgeable people withdrew their money from bitcoin and invested in bitcoin cash, now they sell cache and buy bitcoin again. Financial fraud, nothing more.
No one from the large hodlers is stupid enough to convert their precious coins into something to trashy as Bitcoin Cash. That coin got pumped by its shady creators that got it covered with their deep pockets.

They control the far majority of the circulating supply, which is basically them having bought their own coins on the way up. It's a classic form of manipulation that seems to make noobs go nuts and buy in at peak levels.

Anyone with common sense will just ignore Bitcoin Cash. Other than that, everything that happened was indeed nothing really special. If by now people still don't get how this market works, they likely never will.
member
Activity: 171
Merit: 10
December 20, 2017, 07:34:31 AM
#39
What happened with the price of bitcoin yesterday and today is a common speculation. Knowledgeable people withdrew their money from bitcoin and invested in bitcoin cash, now they sell cache and buy bitcoin again. Financial fraud, nothing more.
full member
Activity: 518
Merit: 145
December 20, 2017, 05:57:06 AM
#38
Stop waiting for a crash bro, because you will never see one. Forget all the bullshit being spread by the media and some fake whales, all they want is just to scare the newbies. This is a correction, a pretty big one and that is all anyone is ever going to see right now. If you think I am wrong, then keep waiting for a crash and tell me in the next few years if you have been able to buy into one.
jr. member
Activity: 70
Merit: 2
December 20, 2017, 05:26:51 AM
#37
It's just a correction especially if there is no major bad news that could possibly ruin Bitcoin's reputation.
full member
Activity: 574
Merit: 139
December 20, 2017, 05:25:52 AM
#36
Each time bitcoin increase its value we have dozens topics from people who think bitcoin is bubble and on every single correction people are opening threads about crash, every single day, over and over again.
It's not crash it is correction. You can't call 17000$ crash!
hero member
Activity: 1428
Merit: 506
December 20, 2017, 05:00:16 AM
#35
Has the Bitcoin crash just started?

It is the typical wave... now we are going down ... don't panic... keep calm...

I dont think bitcoin is on crash it is the starts of correction I guess. Yes, when bitcoin price rises there is a time for going down. The best for now in this correction is wait for dips and buy btc it will surely soaring high.
sr. member
Activity: 1022
Merit: 363
December 20, 2017, 04:59:35 AM
#34
Has the Bitcoin crash just started?

In my opinion, no. Obviously bitcoin has stopped its rise to $20k but that doesn't mean that it is not able to break it again some time in the future. In fact i believe that $20k is going to fall to bitcoin by the end of the year.

These sort of dips are usual, especially if you take into account the rise of alts in comparison to bitcoin.

When alts rise, usually bitcoin will go down and that is exactly what's happening. You're seeing bitcoin dominance go down under 50% which is highly artificially low. IT'll come up to 50%+ once again very soon, and bitcoin will rise while alts hype dies off.

Doubting no counts for this current growth happening since bitcoins proves that the rise of it is unstoppable and we can't really tell on what will be the upcoming fortune will bitcoin gives to us but lets just grab the current opportunity given by the bitcoins and maybe I think that the dip will happen next year. We are on peak and the adoption keep spreading, and that could make bitcoins reach for 20k$ or more.
hero member
Activity: 658
Merit: 505
December 20, 2017, 04:42:25 AM
#33
Here we go again... What crash? People get serious, please! Sometime I think that bitcoin started to attract only people who don't know anything about it all.
Volatility and price corrections are normal for bitcoin and there is a big difference between crash and correction. I know that 2000$ or 3000$ looks a lot but look how high the price is, this is in the same ratio like 200$ or 300$ on the price of 3000$ or 4000$. Before you start to panic inform yourself first.
hero member
Activity: 1666
Merit: 753
December 20, 2017, 04:36:02 AM
#32
Has the Bitcoin crash just started?

In my opinion, no. Obviously bitcoin has stopped its rise to $20k but that doesn't mean that it is not able to break it again some time in the future. In fact i believe that $20k is going to fall to bitcoin by the end of the year.

These sort of dips are usual, especially if you take into account the rise of alts in comparison to bitcoin.

When alts rise, usually bitcoin will go down and that is exactly what's happening. You're seeing bitcoin dominance go down under 50% which is highly artificially low. IT'll come up to 50%+ once again very soon, and bitcoin will rise while alts hype dies off.
member
Activity: 248
Merit: 10
December 20, 2017, 02:49:44 AM
#31
Nothing like that. Stop creating panic
It is not the time to be on panic to sell. Price for sure will create to jump high. Bitcoin always happen to dump and pump. So better to hold for a while and wait it to grow again.
newbie
Activity: 9
Merit: 0
December 20, 2017, 01:58:45 AM
#30
Nothing like that. Stop creating panic
legendary
Activity: 1246
Merit: 1011
December 20, 2017, 01:56:47 AM
#29
Has the Bitcoin crash just started?

It is the typical wave... now we are going down ... don't panic... keep calm...

full member
Activity: 266
Merit: 222
Deb Rah Von Doom
December 20, 2017, 01:14:51 AM
#28
The high volume and slow speed indicate correction rather than crash. However I'm not going to potentially catch a falling knife and want to see some reversal play out first.
full member
Activity: 154
Merit: 111
December 19, 2017, 08:49:29 PM
#27
Don’t think that this is a bitcoin crash because it will not happen. It is just a correction and it will rise again and will reach a new height again. Let’s make this an opportunity to buy some bitcoin to increase our investment to have more profit.
jr. member
Activity: 85
Merit: 1
December 19, 2017, 07:19:21 PM
#26
Don't mistake a crash with a health correction. If you haven't bought in yet, just wait until the next rally and never catch a falling knife.

This is most probably just a normal and healthy correction. I wouldn't be afraid as long as there's no bad news yet.
sr. member
Activity: 896
Merit: 290
December 19, 2017, 07:16:15 PM
#25
Usual correction of 5-10%, nothing to worry about so far. Of course with the price bitcoin has reached, a 5% correction means minus 1000$ on price, this could frighten newbies.

Agreed. If anything, this is going to push people to start buying more. They're soon going to realize they won't get many more opportunities to purchase sub 18,000 in the future. Will probably continue the cycle of up and downs by having another surge after this correction. Bitcoin's got a pretty cyclical nature and I think it's secure enough to the point right now that people aren't trying to get rid of it (aka, no major drops soon).

This...

Bitcoin is not what it used to be, too many people know about it now. Anytime it dips it gets bought up so fast, back in 2014/2015 this wasn't the case. Also with institutional money involved I think it's safe to say we will never see another sub 10k bitcoin price.

One thing people are missing is that there has been little to no bad news around bitcoin lately. If we had an exchange hack or something like that maybe a real crash could happen ya know?
newbie
Activity: 79
Merit: 0
December 19, 2017, 07:14:19 PM
#24
Don't mistake a crash with a health correction. If you haven't bought in yet, just wait until the next rally and never catch a falling knife.
member
Activity: 158
Merit: 11
Omnity - Unifying Knowledge For Faster Insight
December 19, 2017, 07:11:53 PM
#23
With a so high volatility, what for any other currency would be a unbelievable crash, for bitcoin is just a simple correction.
I think that - if a crash will be - it still very far
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December 19, 2017, 06:38:11 PM
#22
Bitcoin crashed a bit and Bitcoin Cash was pumped a lot. Maybe these two events have a connection between themselves. Anyway I still believe Bitcoin will increase its price by the end of the year, it's just recharging its power and preparing itself for the final massive bump of 2017, I hope so!  Smiley
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December 19, 2017, 06:31:53 PM
#21
Has the Bitcoin crash just started?

I don't think so, I suspect that this is just a minor sell off and the price will be back to 19k in a day or two, I think if a crash was going to happen it would be a lot more severe than this.
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December 19, 2017, 06:31:22 PM
#20
Obviously you need to have the rank of "newbie" to be afraid of this kind of scenarios so usual in the crypto market. Throughout this year bitcoin has undergone multiple corrections greater than 20%, and a couple of them were even close to 40%, so this slight correction is nothing more than the preamble of the last big rise of the year that without doubt will drive the price beyond the $20,000 to never ever return.
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December 19, 2017, 06:23:50 PM
#19
Usual correction of 5-10%, nothing to worry about so far. Of course with the price bitcoin has reached, a 5% correction means minus 1000$ on price, this could frighten newbies.

Agreed. If anything, this is going to push people to start buying more. They're soon going to realize they won't get many more opportunities to purchase sub 18,000 in the future. Will probably continue the cycle of up and downs by having another surge after this correction. Bitcoin's got a pretty cyclical nature and I think it's secure enough to the point right now that people aren't trying to get rid of it (aka, no major drops soon).
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December 19, 2017, 06:06:22 PM
#18
Bitcoin ups more than 100% this year. Redrawing is normal and it permits to confirm resistance support.
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December 19, 2017, 05:59:26 PM
#17
Don't worry about it Smiley). The whales are trying to cheat people Smiley) They want all of us afraid about this dump and sell our Bitcoin to cut loss. This problem happened a lot of times before so no need to worry, we just need to keep holding and waiting a little bit more, Bitcoin price will increase back soon Cheesy
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December 19, 2017, 05:49:10 PM
#16
Has the Bitcoin crash just started?

doesn't look like it.

it's pretty well understood that parabolic trends end with blow-off tops. that means a very steep rise followed by a swift crash. take a look at the bubble at the end of 2013. when the market finally topped, we dropped ~54% in three days ($1175 to $538). for comparison, we have just dropped ~17% from top to bottom in the last three days.

this looks like just another typical correction. with any luck, we can shake the trees a bit and fill my bids far below here. Smiley
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December 19, 2017, 05:46:16 PM
#15
Has the Bitcoin crash just started?


Bitcoins falls back with 10% and people start panicking. This is just  a normal correction, price of bitcoins will always fluctuate a bit.
No need to worry!
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December 19, 2017, 05:33:20 PM
#14
Has the Bitcoin crash just started?
I would not call it a crash if I were you. Crash is a bearish run wherein price of btc has tanked into unimaginable levels now. For now, I would call what happened a correction since price has only gone down by 7%. It is a slight dip on price just like what happened today. Although that is the case, it can be a sign that a dump is soon to happen if this current price decrease continues that is. A dump refers to bigger price decrease but not to the extent that the price ain't imaginable.
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December 19, 2017, 05:26:14 PM
#13
Has the Bitcoin crash just started?
How long have you been in bitcoin? You recently started? There's no crash that's happening, it's a mere fact that bitcoin is on a correction right now. It's unusual if bitcoin is only increasing and there's no correction or it's value isn't going down. But after this correction wait for it's increase, so if you are wise enough to understand that it's a good buying time, buy.
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December 19, 2017, 05:22:37 PM
#12
Bitcoin is falling and Bitcoin Cash is the only altcoin which is rising now. This is what happened once before. I think everything will go back to normal soon. Just wait, do not panic and hold your bitcoins.
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December 19, 2017, 05:13:51 PM
#11
will crash? still 1,1% up from a week ago, 107,5% up from a month ago.
Hodl the btc and you'll see it hit new record in no time  Cool
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December 19, 2017, 05:12:54 PM
#10
Has the Bitcoin crash just started?
Far from it. A 10% pullback is hardly a crash. This looks like the much needed correction we've waiting for after we tested the 19.8k mark last week.

To newcomers, this migh look like a crash. To anyone who's been into btc for a few months now, this is just a correction (and the time to buy cheap coins). To altcoins supporters, this is the perfect opportunity to begin the FUD campaign. Just the usual.
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December 19, 2017, 05:11:39 PM
#9
Hope to see this pullback to at least 13K. Recent rise has been too fast too bubbly. If we could pull back to at least 13K then we could see 50K easily in a few months time. Just my 2 cents

I wouldn't mind a pullback to those levels, if altcoins pulled back too. Right now BTC dominance has dipped below 50%, which means that altcoins are doing well while Bitcoin has crashed. I don't mind Bitcoin Cash increasing in price.
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December 19, 2017, 05:03:04 PM
#8
Hope to see this pullback to at least 13K. Recent rise has been too fast too bubbly. If we could pull back to at least 13K then we could see 50K easily in a few months time. Just my 2 cents
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December 19, 2017, 04:55:53 PM
#7
Usual correction of 5-10%, nothing to worry about so far. Of course with the price bitcoin has reached, a 5% correction means minus 1000$ on price, this could frighten newbies.
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December 19, 2017, 04:49:49 PM
#6
Hell no, what would it started? The price has just went down from $19500 to $18000, it does not means that itis a crash, it is less than a five percent, do you have an idea of how a crash looks like? It must need a dip of more than $9000 to be considered as a real crash.

Has the Bitcoin crash just started?

Haha why cannabis? He is probably afraid of losing a few bucks  Cheesy

WHat you drink bro? CANNBIS?
Is just a correction....BTC is to high now

No one will understand that a healthy market needs a little correction after so much grow..
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December 19, 2017, 01:47:00 PM
#5
everytime bitcoin makes sudden drops someone say it is a craasshh. guys just keep calm. when it will crash it will be huge and you guys wont have to ask that question.
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December 19, 2017, 01:37:16 PM
#4
Has the Bitcoin crash just started?

Why such pessimism? Usual correction, however as always, to throw off passengers, that is - suckers. So, if unbearable - merge.
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December 19, 2017, 01:18:56 PM
#3
Has the Bitcoin crash just started?
That looks too straight. If we look back on a historical chart, we'll always see fluctuations of one or another nature and range. Many think the general trend looks to go higher.
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December 19, 2017, 12:48:19 PM
#2
Has the Bitcoin crash just started?

WHat you drink bro? CANNBIS?
Is just a correction....BTC is to high now
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December 19, 2017, 12:32:12 PM
#1
Has the Bitcoin crash just started?
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