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Topic: Bitcoin crash coming? (Read 3589 times)

hero member
Activity: 826
Merit: 502
May 07, 2017, 06:30:33 PM
#63
I'm looking at the charts, and BTC is rising at the same speed, or even faster than previous ATH's. Does this mean a crash could happen within the next few days? I'm not saying it'll drop back to around the 700's, but I wouldn't be surprised if it dropped back to 1200, 1300. What do you think?
No more crash just like what happenned last year of january when the price is too deep ,which is 200$!!  2017 will be the opposite of 2016.. from going down in 2016 to going up this 2027.,just what i said no more crash.

the price down was in 2015 and in 12016 the price started to increase and I am sure that this increase will continue in this year and in the coming more years like you said in your comment. That is true that now not any other crash will come as bitcoin now is not only investment for traders but it is now also a currency for merchants.
hero member
Activity: 1008
Merit: 500
May 07, 2017, 11:54:58 AM
#62
I'm looking at the charts, and BTC is rising at the same speed, or even faster than previous ATH's. Does this mean a crash could happen within the next few days? I'm not saying it'll drop back to around the 700's, but I wouldn't be surprised if it dropped back to 1200, 1300. What do you think?
No more crash just like what happenned last year of january when the price is too deep ,which is 200$!!  2017 will be the opposite of 2016.. from going down in 2016 to going up this 2027.,just what i said no more crash.
legendary
Activity: 1036
Merit: 1000
May 07, 2017, 10:26:05 AM
#61
It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time.  

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision

And as the we see the price today it's strong and stable at $1,550+. I believe and always expect that there would be a fall but still it doesn't matter because it can come back again to higher price, we just need to take care of our bitcoins and keep the faith on it. The more btc that you will hold and get into the ride, the more profit.

"strong and stable today" does not mean it will always stay that way forever. Kwukduk may be wrong this time; however, even a broken clock is correct twice a day.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
May 07, 2017, 09:10:13 AM
#60
I'm looking at the charts, and BTC is rising at the same speed, or even faster than previous ATH's. Does this mean a crash could happen within the next few days? I'm not saying it'll drop back to around the 700's, but I wouldn't be surprised if it dropped back to 1200, 1300. What do you think?
Yes I think that too, because always if there's a huge pump expect the dump so I can say that maybe if few days or few weeks the price of the bitcoin will be dump so I think it's time to sell bitcoin now and then buy again when the dump is come but for overall I think bitcoin will dump for just a short time and then right after that it will pump again.
hero member
Activity: 3024
Merit: 745
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May 07, 2017, 07:48:49 AM
#59
It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision

And as the we see the price today it's strong and stable at $1,550+. I believe and always expect that there would be a fall but still it doesn't matter because it can come back again to higher price, we just need to take care of our bitcoins and keep the faith on it. The more btc that you will hold and get into the ride, the more profit.
copper member
Activity: 1330
Merit: 899
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May 06, 2017, 04:05:41 PM
#58
I can't see any crash can any of you guys see it? all I see is the never ending pump of most of the coins, it's like many rich people entered crypto at the same time and I doubt if this bull run tames as easy as the last few times.
legendary
Activity: 1400
Merit: 1001
May 06, 2017, 02:31:26 PM
#57
It was mostly due to the Japanese recognition. Look at the BTC/JPY trade volumes for the last few days. The volumes have been massive. On the other hand, the ETF factor only had a marginal impact.
Initially I thought so too, that new ETF has little impact on Bitcoin's price. That was until I have seen recent news - it's massive.
Barry Silbert's Bitcoin Investment Trust plans to offer up to $1 billion in shares, from initial $500 million!
SEC is currently reviewing BIT ETF, I am really curious what they will say this time.
sr. member
Activity: 913
Merit: 252
May 06, 2017, 01:21:06 PM
#56
Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.
The price of bitcoin is having a rally simply because of many reason,ETF approval is the main reason but there are other reasons,mainly there are more investments coming out of Japan after legalizing bitcoin,but expect a correction when there is a rally and that is nothing new in this case.The price could come down  when the SEC rejects ETF but i am not expecting a massive dump.

It was mostly due to the Japanese recognition. Look at the BTC/JPY trade volumes for the last few days. The volumes have been massive. On the other hand, the ETF factor only had a marginal impact.
hero member
Activity: 2814
Merit: 911
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May 06, 2017, 01:09:17 PM
#55
Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.
The price of bitcoin is having a rally simply because of many reason,ETF approval is the main reason but there are other reasons,mainly there are more investments coming out of Japan after legalizing bitcoin,but expect a correction when there is a rally and that is nothing new in this case.The price could come down  when the SEC rejects ETF but i am not expecting a massive dump.
legendary
Activity: 1232
Merit: 1091
May 06, 2017, 12:47:28 PM
#54
Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision

If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.
hero member
Activity: 2492
Merit: 548
Seabet.io | Crypto-Casino
May 06, 2017, 12:32:15 PM
#53
I requested a payout of 20$ and it was even sent but coinbase rejected that payment for some reason and it is pending for 2 days.

Payout 20$ from an exchange? That's not even worth the effort to start a withdrawel. They should start to increase the minimum payout to 10k $. Get rid of the poor.
As quoted that might be based on the terms and conditions of the particular exchange website. It could have got limitations in the withdrawal. As said by the mate it might be possible to withdraw more than $20, below which the withdrawal gets denied.
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
May 06, 2017, 12:20:50 PM
#52
I requested a payout of 20$ and it was even sent but coinbase rejected that payment for some reason and it is pending for 2 days.

Payout 20$ from an exchange? That's not even worth the effort to start a withdrawel. They should start to increase the minimum payout to 10k $. Get rid of the poor.
hero member
Activity: 910
Merit: 550
May 06, 2017, 12:17:22 PM
#51
Indubitably, Bitcoin are going to crash, it will crash and rise and crash and rise again. Everything is accelerating. I see more and more people learn about it and use it. The more people use it, the more value it gets. Bitcoin is so far performing like an asset and such had its ups and downs. Obviously none of us can predict the future. Nobody knows. It is just a matter of when.
hero member
Activity: 672
Merit: 500
May 06, 2017, 10:48:04 AM
#50
Big crash - We can't possibly know.

Correction - Likely.
Yup the bitcoin connection is so slow from past month. I requested a payout of 20$ and it was even sent but coinbase rejected that payment for some reason and it is pending for 2 days. While when i sent a higher amount it was instantly sent. Using small amounts in bitcoin = impossible
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
May 06, 2017, 10:46:02 AM
#49
Lol well here's your crash. Let's see how deep we will fall this time.

I've been warning people not to invest in outdated unscaleable tech like bitcoin.
I guess who doesn't want to listen will have to feel it in his wallet.
Every single word you say is like a giant steel block of FUD, and no amount of times being proven wrong will stop you.  Every single post in your recent history has claimed that there will be a huge crash soon and every time you've been wrong.  When will you give up and just let Bitcoin grow?
hero member
Activity: 2912
Merit: 642
May 06, 2017, 10:36:19 AM
#48
I'm looking at the charts, and BTC is rising at the same speed, or even faster than previous ATH's. Does this mean a crash could happen within the next few days? I'm not saying it'll drop back to around the 700's, but I wouldn't be surprised if it dropped back to 1200, 1300. What do you think?

I wouldn't do this if i were you. Many might be harmed or panic just by reading this even if it came from a newbie.
There will always be a crash same with other commodities out there. It will not be Christmas all the time.
But it can be prevented if no one makes some news that dont even have facts to back it out.
Everything will just be mere speculations.
hero member
Activity: 910
Merit: 523
May 06, 2017, 10:32:40 AM
#47
In a sense, I hope it does "crash" back down to $1,000-1,200... I'd love to pick up some more before another imminent growth spike Cheesy

The other top 10 cryptocurrencies, according to market cap, have also spiked in the past week, which is rare. Normally, when the prices of BTC increase, the other cryptos decrease. Don't know what the trends are going to be for this period, but this is something I haven't seen before. Could end up being a good thing for crypto...
I think so, this is a wonderful time in cryptocurrency world which bitcoin and other coins increase at the same time which never seen before. This condition means investors believe in every coin not only focus on bitcoin as it has some disadvantages which covered by another coin, so that would be great to diversify investment into some potential coins.
But, when it drop, I think after ETF rejected may cause panic sell again and bitcoin price could fall to around $1100- $1200 , hopefully not less than that.
sr. member
Activity: 289
Merit: 250
May 06, 2017, 09:50:35 AM
#46
It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 06, 2017, 09:37:40 AM
#45
It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.
hero member
Activity: 504
Merit: 500
May 06, 2017, 03:17:50 AM
#44
It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 
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