Pages:
Author

Topic: Bitcoin crashes Roughly once per quarter - page 2. (Read 686 times)

sr. member
Activity: 448
Merit: 250
November 24, 2017, 02:59:52 PM
#14
I still remember when it crashed more than 70 percent during the middle of 2013, it was like a really panic situation, but people was not afraid like all these newbies are when bitcoin tends to go down for less than $100.

It seems that everytime that bitcoin goes down, everybody is saying "The real crash is coming?" "This is the end?" I am tired of always seeing the same kind of shit in here, but i know that it will always keep happening because we are full of this people who are only in here to make money, and always spread fud because they are so afraid of losing their dollars..

But yes, it is going to go down in a few months from now, i dont think that it will crash soon because the price does not need a correction at the moment.
legendary
Activity: 1610
Merit: 1183
November 24, 2017, 02:34:51 PM
#13
It's interesting how technical analysis and fundamental analysis somehow coincide and something complements the other. Things in BTC happen like clockwork which would be said to be technical analysis, but are accompanied by some fundamental analysis related situation.

In other words, anyone that hasn't bought every dip has been panic selling and therefore losing money. It's better that you trust that these things will keep happening, and instead of panicking, buy the dips.
hero member
Activity: 1092
Merit: 501
November 24, 2017, 01:11:35 PM
#12
Only once per quarter? So that means I can buy Bitcoin only 4 times a year? That is very disappointing. Sad

But DaMut, player514. The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.


The problem is that bitcoin can lose 20% of its value one day and recover the next, so even those 40% decreases in the price are just a few days of loses to bitcoin that is why I do not consider anything below 50% lose in value to be a crash, this may seem to high for many but it is the only way to distinguish the real crashes from the corrections that do not last long.
hero member
Activity: 980
Merit: 500
November 24, 2017, 05:54:28 AM
#11
there're a lot of people calling 'correction' to 'crash', do you guys even know what is the meaning of 'crash' itself and 'correction' ? the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump, so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump. for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,


I also preferred the term 'correction' as those are just dips which can be so temporary and then after that there can be a surge...this has been the cycle very much evidenced in Bitcoin. Now, had these 'correction' happened in stocks or forex they can indeed be called as 'crashes' as Bitcoin has a bigger wide margin of volatility compared to other investment vehicle. People who had been to Bitcoin will never be anymore surprised or shocked if Bitcoin can dipped as much as 30% for a given time and many are even wishing for that to happen as every dip can be a good opportunity to buy Bitcoin cheaper. Can we then say that 'corrections' are designed for Bitcoin to avoid the big bubble from happening?

Well bitcoin didn't really budge down, I really think it is peaceful at the mean time it may pump a little then a dip occur which all of you think as a correction, I really think this is just the way bitcoin move or just a fluctuation occurring, I really didn't notice anything unusual in the bitcoin price lately and even if a correction would occur or a dip many people would just think it is a crash.
sr. member
Activity: 630
Merit: 263
November 24, 2017, 05:53:29 AM
#10
It is impossible to see the pattern on the bitcoin market. It is not predictable. Many people want to develop a strategy of bitcoin in order to plan their actions but this will not work. It all depends on the market and coordination of the whales. Even the political news affect the behavior of bitcoin. I never plan my actions. Every day I choose his tactics.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
November 24, 2017, 04:29:31 AM
#9
there're a lot of people calling 'correction' to 'crash',
do you guys even know what is the meaning of 'crash' itself and 'correction' ?

Haha this is what I've been noticing when bitcoin's price starts to correct they will label it as a crash. Anyway let's go with them and talk about the crash and I will agree on wind_fury on this thing.  Grin

The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.
hero member
Activity: 490
Merit: 501
November 24, 2017, 04:17:11 AM
#8
there're a lot of people calling 'correction' to 'crash', do you guys even know what is the meaning of 'crash' itself and 'correction' ? the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump, so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump. for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,


I also preferred the term 'correction' as those are just dips which can be so temporary and then after that there can be a surge...this has been the cycle very much evidenced in Bitcoin. Now, had these 'correction' happened in stocks or forex they can indeed be called as 'crashes' as Bitcoin has a bigger wide margin of volatility compared to other investment vehicle. People who had been to Bitcoin will never be anymore surprised or shocked if Bitcoin can dipped as much as 30% for a given time and many are even wishing for that to happen as every dip can be a good opportunity to buy Bitcoin cheaper. Can we then say that 'corrections' are designed for Bitcoin to avoid the big bubble from happening?
full member
Activity: 364
Merit: 118
Bounty Campaign Manager? --> https://goo.gl/YRVVt3
November 24, 2017, 03:40:52 AM
#7
The image is too pixelated a.k.a too low in quality. can you post the link of that article?, and i do not really think that it is a crash after all. maybe more like correction, to correct the price of Bitcoin it needed to move in a downtrend and in no time it could go back to the uptrend movement. Well, let's all agree then that this is a crash but this Bitcoin crash incidents is not taking too long before Bitcoin can recover.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 24, 2017, 03:08:47 AM
#6
one of the issues with bitcoin (that the outsiders don't know, or usually forget) is that the market is very small. the price is decided on the exchanges with small orderbooks. it has been growing in the past year but it is still not at the point that we can hope for.

what this means is that the market is easily manipulated and these corrections become crashes very easily. each time that a drop happens, you can see the initial dump was not really that big but it caused a big drop then the bigger volume comes in with panic and causes the crash.

because of this I say the time between these "crashes" are mostly manipulation of market makers wanting to make more money from disrupting the market temporarily. and this is becoming harder as bitcoin grows.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
November 24, 2017, 03:03:37 AM
#5
So there are good buying opportunities in every quarter. Still, if you have a corpus to invest, I think it is better to get in as early as possible. It might not make sense to wait for a buying opportunity, which may or may not arise.
legendary
Activity: 2898
Merit: 1823
November 24, 2017, 02:46:24 AM
#4
Only once per quarter? So that means I can buy Bitcoin only 4 times a year? That is very disappointing. Sad

But DaMut, player514. The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.

legendary
Activity: 1414
Merit: 1039
November 24, 2017, 01:41:51 AM
#3
there're a lot of people calling 'correction' to 'crash',
do you guys even know what is the meaning of 'crash' itself and 'correction' ?
the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump,
so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump.
for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,


Yes, this graph is literally only showing the down-trends. Instead, I think OP needs to also include the uptrends in the graphs in order to see which drops were formed after a pump so that they can be correctly labeled as a correction rather than a crash. Furthermore, I understand how this idea is believable. For people who are getting into BTC, they're mainly looking at it as an investment, so they look only at crashes instead of corrections vs. crashes.
sr. member
Activity: 1274
Merit: 263
November 24, 2017, 01:31:45 AM
#2
there're a lot of people calling 'correction' to 'crash',
do you guys even know what is the meaning of 'crash' itself and 'correction' ?
the best way to describe it was 'Correction' because whenever we're seeing the downtrend a few weeks or days before we're seeing the pump,
so basically it's only moving back to its average price and then moving upward.
this table only show the decline after the pump,and of course the result would be like this because every months we will see the pump.
for me this chart only show how many time we're pumping and how many times we're doing a correction,
if we're moving like this charts,next month we should see another movement because it's Q4.
but who knows ? the whales always break the pattern in order to maximze the profit,
hero member
Activity: 672
Merit: 526
November 23, 2017, 03:19:28 PM
#1
Pages:
Jump to: