Bitcoin crash coming? - page 2. | Bitcointalksearch.org

e-coinomist

legendary

Activity: 2380

Merit: 1085

Money often costs too much.

Quote from: Skarner21 on May 05, 2017, 06:47:07 PM

Maybe i think the reason why the price was crashing and more crashing will happen soon because of the network are jumping too high.
As i can seen the fluctuate for the fees was increasing too fast.. look at the chart here .
https://blockchain.info/charts/transaction-fees-usd

Other market metrics to watch are
1) Hashrate
2) Adoption, indirectly guessable by number of transactions on the blockchain.
Or by trollbox chatlogs, activity / number of unique users
Some sites offer numbers about their registered users, but how do I know about site operator's honesty, or kind of Sybil effects.

Skarner21

hero member

Activity: 700

Merit: 500

Massive price drop coming...

Maybe i think the reason why the price was crashing and more crashing will happen soon because of the network are jumping too high.
As i can seen the fluctuate for the fees was increasing too fast.. look at the chart here .
https://blockchain.info/charts/transaction-fees-usd

So i think its not a good idea that the price of bitcoin will keep increase because the fee for transaction are keep increasing.. it will be worst if the fee will increase more so people will go to other crypto if the transaction fee will be increase that is why i think other holders are converting to other altcoin instead just will not be affect for miners fee..

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

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.

machinek20

hero member

Activity: 840

Merit: 501

I dont see there will be any crash coming, the price dropping from yesterday is still normal because it is already keep on increasing in this few days, increasing in such a rapid speed will caused the price to bounced back, but it will increase again in a few days

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

The price drop from yesterday and today almost $100 usd drop and i think like other said big holders are selling just to make profit of their investment.
I can't seen any news that can push down back the price of bitcoin since daily i seen the price is increasing..
and the fee for transaction too are keep increase base in my experience fast few days..

So for those who are holding a good amount of bitcoin and they are already made profit better to sell it before the price crash down.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: MiBambino on May 04, 2017, 01:14:06 PM

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?

Yes, Crash could happen anytime. But we are at the beginning of the crypto journey. Have you tried to read the latest news about bitcoin? My thought if Japan still holds a lot of upcoming bullish news for us.

Quote from: MiBambino on May 04, 2017, 01:14:06 PM

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?

Not for this time, More people don't want to throw his bitcoin to the market just to make another dip. We are all on the FOMO stage of bitcoin. And remember it.

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: U2 on May 05, 2017, 02:12:45 PM

Absolutely 100% for sure there will be a correction. There's no doubt about it. I'd say 1100 would be realistic but others will say that's being pessimistic.

There are big differences between correction and crash. A ~$500 must be a crash and I am not finding there would be any possibilities for that to happen. But I too agree there would be a chances for corrections and it may last for previous ATH levels i.e. up to $1350 levels.

freebutcaged

hero member

Activity: 588

Merit: 541

Many people think crashes are default functions of markets, whatever happens is because of action and reaction, in order for Bitcoin's price to decrease some of the big holders need to dump their precious Bitcoins pushing the buy wall down to a point of either them having no more coins to dump or if they do then they don't want to dump to those prices.

But even if they do dump someone else is buying them but rather cheaper it's not like we'll have more than 21m Bitcoins or people will stop using it to transfer value abroad.

Regardless of the price when I am trying to buy an item worth $2000 it wont matter for me if I try to pay with Bitcoin that way I'll have to pay $2000 to buy the equivalent in BTC and then send it to where ever I was going to, of course it would benefit me if I had bought 10BTC for $2000 2 years ago.
That is why many say and suggest to hold because when year after year the price increases so does our buying power.
Right now I'm more concerned about the delays of network in processing even the high or enough fees transactions.

Kprawn

legendary

Activity: 1904

Merit: 1074

This is the thing.... We have seen a lot of this before..... a stage where the price average out for a while and then a sudden break out and a bubble

that burst and then the price spiralling down to a level higher than the price where it averaged before. This normally happens within a few days..

but this spike has been going on for a week or more now... so this might just be something else. Let's hope this is the start of mainstream

adoption now. Wink

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: mikecgna on May 05, 2017, 04:09:28 AM

I think that after such rapid growth can happen a big accident, even up to 1000. Therefore, some of the coins sold to make a profit.

How can you say that bitcoin price is a rapid growth? Its not a bubble if you think it is. There is a lot of buying specially in the Japanese market. They are now having 50% of the total volumes of trading. But if ever there is a crash it will not go below sub $1000. Because the Japan impact is not fake unlike when Chinese keeps pumping the volume of trading that the Chinese government stepped up to stop their fraudulent practice.

U2

hero member

Activity: 676

Merit: 503

I used to be indecisive, but now I'm not sure...

Absolutely 100% for sure there will be a correction. There's no doubt about it. I'd say 1100 would be realistic but others will say that's being pessimistic.

VTCutch

full member

Activity: 140

Merit: 100

Quote from: FlamingFingers on May 05, 2017, 10:14:31 AM

Quote from: xIIImaL on May 05, 2017, 10:02:50 AM

Quote from: rajasumi3 on May 05, 2017, 09:18:34 AM

Yes the big crash is coming ,as the approval from SEC is coming nearby soon on 15th may ,on the other hand if still there is rejection there might be a possibility that the price of crash to a lot extend that it might drop down to 1000$.

Is there any proof or article reference for this information bro. Bitcoin price is continuosly bumping and touched new peak value today and price is seems set as 1612$ in the Coindesk chart. Is there any reason for the dump you mentioned. I do not think that bitcoin price will see again the fork pop in the near future.

Well, as always, when SEC rejects Bitcoin ETF (like it has done before), the price of Bitcoin always takes a dip down, then start to rise again – that's why. But if this year was exceptional enough that SEC would accept/approve Bitcoin ETF, nothing would pause Bitcoin price from rising.

http://www.coindesk.com/sec-denies-solidx-bitcoin-etf-proposal/

Yes, I am also confident that there will be no approval. And I'm also almost sure that after the bitcoin gets a regular refusal, there will be a collapse. But I hope that bitcoin will stand this test. And its price will drop to 1200-1300 dollars.

FlamingFingers

sr. member

Activity: 1344

Merit: 288

Quote from: xIIImaL on May 05, 2017, 10:02:50 AM

Quote from: rajasumi3 on May 05, 2017, 09:18:34 AM

Yes the big crash is coming ,as the approval from SEC is coming nearby soon on 15th may ,on the other hand if still there is rejection there might be a possibility that the price of crash to a lot extend that it might drop down to 1000$.

Is there any proof or article reference for this information bro. Bitcoin price is continuosly bumping and touched new peak value today and price is seems set as 1612$ in the Coindesk chart. Is there any reason for the dump you mentioned. I do not think that bitcoin price will see again the fork pop in the near future.

Well, as always, when SEC rejects Bitcoin ETF (like it has done before), the price of Bitcoin always takes a dip down, then start to rise again – that's why. But if this year was exceptional enough that SEC would accept/approve Bitcoin ETF, nothing would pause Bitcoin price from rising.

http://www.coindesk.com/sec-denies-solidx-bitcoin-etf-proposal/

Armstand

hero member

Activity: 626

Merit: 500

Quote from: mikecgna on May 05, 2017, 04:09:28 AM

I think that after such rapid growth can happen a big accident, even up to 1000. Therefore, some of the coins sold to make a profit.

The possibilty to drop back to 1000USD per BTC is very small considering the amount of price it increase. If ever BTC dump to 1400$ then someone will immediately catch that opportunity to buy dump coin. Bitcoin has a lot of supporter that's why it is impossible to dump hard.

xIIImaL

legendary

Activity: 1372

Merit: 1005

Quote from: rajasumi3 on May 05, 2017, 09:18:34 AM

Yes the big crash is coming ,as the approval from SEC is coming nearby soon on 15th may ,on the other hand if still there is rejection there might be a possibility that the price of crash to a lot extend that it might drop down to 1000$.

Is there any proof or article reference for this information bro. Bitcoin price is continuosly bumping and touched new peak value today and price is seems set as 1612$ in the Coindesk chart. Is there any reason for the dump you mentioned. I do not think that bitcoin price will see again the fork pop in the near future.

rajasumi3

full member

Activity: 266

Merit: 100

Yes the big crash is coming ,as the approval from SEC is coming nearby soon on 15th may ,on the other hand if still there is rejection there might be a possibility that the price of crash to a lot extend that it might drop down to 1000$.

hase0278

hero member

Activity: 882

Merit: 544

Quote from: kwukduck on May 04, 2017, 02:42:10 PM

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.

Lol hehehe your back kwuckduck. Either way just let them do what they want because one's judgement can be right and can be wrong sometimes so many traders here just trust themselves and they don't listen to others after all FUD is very common. I too want to see how deep bitcoin will fall this time if bitcoin really will crash and if it will not I would also want to see how much it will rise until it crash.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: spazzdla on May 04, 2017, 03:05:19 PM

Quote from: kwukduck on May 04, 2017, 02:42:10 PM

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.

Like when you said don't buy at $200?

Who bought many bitcoins at this price and hold until today must be very happy at that time.

Quote from: Barbut on May 05, 2017, 04:20:42 AM

Quote from: mikecgna on May 05, 2017, 04:09:28 AM

I think that after such rapid growth can happen a big accident, even up to 1000. Therefore, some of the coins sold to make a profit.

It will not be a big drop, and bitcoin crash sounds to hard. Fluctuations with bitciin pricr id pretty normal thing, that's why we will see that drop and for me this price shows that bitcoin is capable to get to 2000 around the nre year or shortly after. Like always in summer time price is going down and maybe this year we will see the same thing happening.

I agree

Kanine Awe

full member

Activity: 154

Merit: 100

Definitely in a bubble that could really pop at any time, but likely even if it does pop the price will slowly recover. So no real risk unless you need to liquidate shortly after the bubble pops for personal reasons.

birareru1988

sr. member

Activity: 275

Merit: 250

Quote from: Barbut on May 05, 2017, 04:20:42 AM

Quote from: mikecgna on May 05, 2017, 04:09:28 AM

I think that after such rapid growth can happen a big accident, even up to 1000. Therefore, some of the coins sold to make a profit.

It will not be a big drop, and bitcoin crash sounds to hard. Fluctuations with bitciin pricr id pretty normal thing, that's why we will see that drop and for me this price shows that bitcoin is capable to get to 2000 around the nre year or shortly after. Like always in summer time price is going down and maybe this year we will see the same thing happening.

Yes, in summer the price usually goes down and I think that this year will be the same. Therefore, bitcoin has a little more time to grow.

Topic: Bitcoin crash coming? - page 2. (Read 3629 times)