Topic: Bitcoin crash is inevitable - page 5. (Read 677 times)
True, without the dump there is no pump, it's unlikely to see the price go up without it having to go down, though with the last crash, the price went down for a bit and then went up once again, and it had something to do with the "Elon Musk Influence", not only that but even if Elon Musk has helped BTC reaching a new ATH, it is still inevitable and impossible for us not to see the crash of the price.
It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be.
Your powers of prediction are really failing you, aren't they?
I have a Bitcoin-qt wallet running in OSX Lion with only 1 address in it: 1Jaa7hidZ2PnmXhwfTyE3pKdjKT6WkQz4
This wallet/address received 1.0301101 BTC a bit more than 15 hours ago.
This wallet/address received 1.0301101 BTC a bit more than 15 hours ago.
It seems pretty clear that I didn't acquire my first bitcoin in 2021. I've been around long enough to know that it can be quite volatile. I've also been around long enough to know that there is a lot of nonsense trying to "predict" when a "top" or "bottom" will occur as well as what that "top" or "bottom" exchange rate will be. 99% of the predictions are wrong. Will it go up in the future? Almost certainly. Will it go down in the future? Almost certainly. If you buy today, will you have an opportunity to sell for more? Impossible to predict. If you don't buy today, will you miss out on some growth opportunity? Impossible to predict.
The more it goes up, the more correction it will have? What do you mean by "more correction"? It's not like the % of the correction is going to be higher the higher the price go. I doubt that's how correction works. Maybe we will see the price correcting it self by dropping at most 15%? Anything more is more like the price getting dumped and whales cashing in their profit. And I wouldn't be worried about corrections. Corrections are more likely to create a healthy market. New investors joins the community which means we will be seeing more adaptation of the crypto currencies.
But yeah, anyone who think the price will never dip are indeed naive.
But yeah, anyone who think the price will never dip are indeed naive.
Including the post that started this thread, you’ve posted a total of 5 times in your entire history of posting here on this forum. You’re track record is pretty miserable.
And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”? Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive. Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them.
I believe that the problem is the price, it is no longer profitable to buy Bitcoin . . .
Written by you on December 19 when Bitcoin was about $22,800. Anyone dumb enough to listen to you on that date has already lost out on 124% growth over the past 60 days.In my opinion a big correction is coming . . .
Written by you on January 5 when Bitcoin was about $30,000. Anyone scared to buy because of your prediction has already lost out on 70.3% growth over the past 43 days.Of course Bitcoin will crash, we are in a Bubble right now...
Written by you on February 5 when Bitcoin was about $36,600. Anyone that decided not to buy because of your declaration that we are in a bubble has already lost out on 39.6% growth over the past 12 days.Is not the moment to buy . . .
Written by you on February 11, when Bitcoin was about $44,500. Anyone dumb enough to listen to you on that date has already lost out on 14.8% growth.And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”? Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive. Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them.
Bitcoin was going to crash earlier this month, Elon Musk bought and obviously went up, in my opinion this will only make the correction worse, it is more than clear that I thought the correction would be earlier, but are you going to tell me that it will never happen ? Will you tell me you don't see Bitcoin at 25K? It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be. I bought in March in 3K, and I am 100% sure that a big correction is coming.
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
If it isn't the time to buy then when?This is not the time to buy, don't be a fool to buy at 50K.
If you're really a strong holders and will hold even when Bitcoin on crash, buying in any price wouldn't a matter. No one expect/predict Bitcoin will reach $50K right now, when Bitcoin goes to $3K people are loss faith while it's a good time to buy the dip.
So, people who're buy at $50K is not a fool, I would think a fool is people who not holding any Bitcoin until right now.
This is the greatest answer for me,So, people who're buy at $50K is not a fool, I would think a fool is people who not holding any Bitcoin until right now.
There isn't a perfect time so stop waiting and wasting opportunity.
If the price goes up then those who are buying right now would gain profit and for those who waits have lost opportunity.
People who thinks this will go up without stopping are very naive.
Of course the increment in the price value cannot continue forever, at a certain mark, the price value will become stable. But the thrill and plan is to gather enough while the price is still increasing, so when it becomes stable, you arw already free from financial insecurity.
Setting to new ATH is always a sign that it will be corrected for 3-4k down just like what happened on 45k-49k. But that doesn't mean that it will not recover, with the current companies invest in bitcoin, prices will never go down to below 45k again and another ATH will be reached soon.
Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor
Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor
You cant blame out people on not to think up that way if you do consider out on what happened in the past where the market entirely crash go down to the floor then
you would definitely presuming out that it can really happen again but this time around it isnt the case we are seeing.
Crash can happen anytime but comparing into those years where adoption isnt really that high yet then its high likely to happen but now where everything
gets recognition to it then it is really hard to believe on.
-3-4k crash or a bit more is most common now and for those who do really make out day trades will most likely to benefit out.
Setting to new ATH is always a sign that it will be corrected for 3-4k down just like what happened on 45k-49k. But that doesn't mean that it will not recover, with the current companies invest in bitcoin, prices will never go down to below 45k again and another ATH will be reached soon.
Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor
Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor
I was in the same league of people believing that bitcoin wouldn't hold out for much longer once it breached $25,000 and turned out to be wrong. Since then, I just believed that the correction isn't going to happen at a definite price point, and that campaigning to not buy bitcoin in order to 'save' others is futile. Just let them buy whatever price they think is right for them, and perhaps buy some yourself so as to avoid shouting doom and gloom predictions everywhere since it doesn't even change the tiniest order of things here.
Including the post that started this thread, you’ve posted a total of 5 times in your entire history of posting here on this forum. You’re track record is pretty miserable.
And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”? Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive. Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them.
I believe that the problem is the price, it is no longer profitable to buy Bitcoin . . .
Written by you on December 19 when Bitcoin was about $22,800. Anyone dumb enough to listen to you on that date has already lost out on 124% growth over the past 60 days.In my opinion a big correction is coming . . .
Written by you on January 5 when Bitcoin was about $30,000. Anyone scared to buy because of your prediction has already lost out on 70.3% growth over the past 43 days.Of course Bitcoin will crash, we are in a Bubble right now...
Written by you on February 5 when Bitcoin was about $36,600. Anyone that decided not to buy because of your declaration that we are in a bubble has already lost out on 39.6% growth over the past 12 days.Is not the moment to buy . . .
Written by you on February 11, when Bitcoin was about $44,500. Anyone dumb enough to listen to you on that date has already lost out on 14.8% growth.And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”? Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive. Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them.
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
Only you will know when the best time to buy bitcoin, even if the price still at $50k or the other high price. People will have a decision to buy 1 bitcoin directly or buy fraction by fraction until they think that is enough to buy bitcoin. With the bull run happens this month, the correction will always happen, and I think right now, the correction is already coming as the red candle shows at the market. This is not the time to buy, don't be a fool to buy at 50K.
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
Your concern is absolutely genuine and this pretty much is true but I feel that there is something more to this type of TA. It's about predicting the All time high or highest point of the current wave. Now if you Don't buy at 50k and it reaches 60K you have potentially lost a 20% move in bitcoin. It's that predicting highs is a very difficult task. Even the daily RSI is at about 81 which I don't think is that high. So ideally this is not the end of the move. Yes you can say this is risky for people who are absolutely new to cryptocurrencies but all on all a person won't really regret buying here. This is not the time to buy, don't be a fool to buy at 50K.
legendary
Activity: 2268
Merit: 2327
Marketing Campaign Manager |Telegram ID- @LT_Mouse
We have seen this from $10k, $20k, $30k, $40k and now in $50k, Peter was so much confident that BTC will never reach $50k but it did now. I'm sure when we will see $100k, still there will be people who will say like you.
There will be correction certainly but you can't say what's happening next week or next month. When we had correction after reaching $42k, some people thought that was the end of bull market for bitcoin this time but all were proved wrong. I was also thinking the same but to be honest, this bull seems different. Big institutional giants are in the play now. There will be fall but before that, there are lots of spike waiting I think.
There will be correction certainly but you can't say what's happening next week or next month. When we had correction after reaching $42k, some people thought that was the end of bull market for bitcoin this time but all were proved wrong. I was also thinking the same but to be honest, this bull seems different. Big institutional giants are in the play now. There will be fall but before that, there are lots of spike waiting I think.
This is not the time to buy, don't be a fool to buy at 50K.
well just because you missed your chance to buy and lost a lot of money that doesn't mean price has to come down from $50k. a lot of people lost the chance to buy bitcoin back in 2017 when it went above $2k too and they were saying the same thing as you.
besides if right now a correction happens it won't be a crash it will be a very small drop and worst case scenario is to $48k-$49k. you already said it yourself that the higher it goes the more correction we have. the crash you are thinking of will happen when we reach $500k...
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
This is not the time to buy, don't be a fool to buy at 50K.
Well-known veteran and trader Peter Brand noted that Bitcoin is in the middle of another parabolic progress in a recent tweet.
But he also warned against jumping on the train when parabolic progress became apparent in his January tweet:
"Once a parabolic advance is obvious, it is too late to be a buyer. The train has left the station. If you no longer own a market when I point to a parabolic trend, then don't buy based on my chart."
According to him, a decline could occur as soon as the current parabolic course ends.
In this type of parabolic progress disorder, corrections of about 80% are most common.
I have to agree especially I want to laugh when Elon sad on tweet he buying 
Tesla is popped with the money so its not bankrupt investing now in btc its to risky, its more now like a piramidm, rich people will make money when the rest will have a btc as number on the end
Tesla is popped with the money so its not bankrupt investing now in btc its to risky, its more now like a piramidm, rich people will make money when the rest will have a btc as number on the end This is actually one of the biggest misconceptions with bitcoin. Noobs tend to think that the higher the price means the higher the risk. Well, it's actually the total opposite. The higher the price, means the higher the hashrate, and the higher the public interest goes.
And the people making the pyramid scheme argument obviously doesn't even know what a pyramid scheme really is.
If OP's refering to a big correction after this bullish rally on bitcoin, than sure to happen sooner or later. But it'll be on uptrend for the long run as more adoption is going on and more to come. But newbies are getting into fomo and buying bitcoin without any analysis and it's depend on the support level of bitcoin whether it's going to pump or will take any big correction. So, DYOR first before getting into fomo.
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
This is not the time to buy, don't be a fool to buy at 50K.
I know somebody who was not a fool and didn't buy in 2017 at 17k and ever since. The price did crash, we had crypto winter, then a recovery and now it's 50k. Guess what, doesn't he feel like a fool now?
Of course, everybody does with own money as he seems fit. Neither you nor me, nor others from the internet should not matter in his decision.
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
This is not the time to buy, don't be a fool to buy at 50K.
When Bitcoin reached $1,000 and then $2,000 people were also saying that it's overpriced and they will wait for it to go down. These price levels were never seen after that. Yes, there's a good chance that Bitcoin will drop below $50,000 sooner or later, but there's also a good chance that it will keep rising. And also it will likely be above $50,000 in 3-5 years. 2 months ago someone made a thread "are people buying at $30,000 idiots?", and as time shown, they were geniuses, because they made 66% profit already.
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
This is not the time to buy, don't be a fool to buy at 50K.
I don't think this time a major market correction will happen because of the involvement of institutes and positive news about Bitcoin and cryptocurrency. There might be a slight market correction and BTC might drop to $40k but that would only be for short term and I think Bitcoin is now eying for $60k in coming days. In 2022 the price may cross $80k because there is no looking back once companies i.e. MasterCard, add an option to buy Bitcoin and other cryptocurrencies.
Jump to: