Topic: Bitcoin is about to collapse this week - page 5. (Read 1531 times)
said the same and i'm a bull, getting my buys filled so i'm happy let's see how low this goes
Well. Looks like we actually did get a sizable dip today. Thoughts ?
As expected nothing happened. People who think they can see the future in the bitcoin prices are all lying.
No one in the whole world, not a single person can see what the bitcoin price will be, some will say it will go up and others will say it will go down and one will be always right but when the next time comes around they will have to try to guess again and there will be less people right this time, on a long enough times there are literally no one left that is always right, some people are sometimes right and that's it.
If you see someone claiming bitcoin will do anything, stay away from them, they are bullshitting and not right. They are just guessing and making up reasons for what they said but almost always wrong. I have no idea what bitcoin will do, I just believe, this is the key word here, it will go up in the long run, 5 years from now I assume it will be more than what it is today. That's it.
No one in the whole world, not a single person can see what the bitcoin price will be, some will say it will go up and others will say it will go down and one will be always right but when the next time comes around they will have to try to guess again and there will be less people right this time, on a long enough times there are literally no one left that is always right, some people are sometimes right and that's it.
If you see someone claiming bitcoin will do anything, stay away from them, they are bullshitting and not right. They are just guessing and making up reasons for what they said but almost always wrong. I have no idea what bitcoin will do, I just believe, this is the key word here, it will go up in the long run, 5 years from now I assume it will be more than what it is today. That's it.
check out the, volume and MACD trends.Volume is dipping very very rapidly .....its over guys... get out while you can ....
While you prepare to get out just remember others are seeing this as an opportunity to hold cheap coins.And for the record nothing new here, we have seen worse than this,let's just adapt to change. Graph isn't as bad as you say it is.....right now could be people focusing on bitcoin cash fork bench not much movement for btc.
There are absolutely no signs that this is going to happen. It didn't happen last week which is what you initially predicted, and probably won't happen in the foreseeable future.
The $6k support is still relatively strong and seems like that we're going to be essentially stuck in this position for quite a while as the markets consolidate. While it is possible that the support doesn't hold up at one point and a dip comes to the market, that is completely expected in a bear market and simply won't be anything surprising like the collapse that you speak of.
A full on collapse is simply not possible at this stage in my opinion. Prices would not collapse below $3-4k due to the buying pressure in that range. Bitcoin's potential in the long term is not affected one bit by this bear market, keep that in mind.
The $6k support is still relatively strong and seems like that we're going to be essentially stuck in this position for quite a while as the markets consolidate. While it is possible that the support doesn't hold up at one point and a dip comes to the market, that is completely expected in a bear market and simply won't be anything surprising like the collapse that you speak of.
A full on collapse is simply not possible at this stage in my opinion. Prices would not collapse below $3-4k due to the buying pressure in that range. Bitcoin's potential in the long term is not affected one bit by this bear market, keep that in mind.
I agree mate, that idea of collapse was a total disgraceful idea if people would believe with that statements. You're certain we should not let the trend right now to affect us, because bitcoin has a huge possibility to increase surprisingly and I know lots of holders now remain calm behind what's the real problem occurs.
Gladly, I've been seeing more positive reasons to purse with bitcoin's financial system because it do have a stronger community even if the bear market remains a challenge to everybody. If other weak traders will have a strong faith and dedications on their end, we won't see downfalls to happen once they acquire enough learning with crypto trading. Everybody should always remember that current price remain stable at that point, and anytime it will rise.
Hey at bigtitmomma you realize niw that you have zero idea about what the future holds? You just can't base on these factirs and make any kind of assumptions up. Volume was indeed down but that doesn't mean things were going to zero. Bitcoin has already done with its massive drop and I don't think we're going to experience it again. Now, some stability as we're seeing and then a potential uprise.
There are absolutely no signs that this is going to happen. It didn't happen last week which is what you initially predicted, and probably won't happen in the foreseeable future.
The $6k support is still relatively strong and seems like that we're going to be essentially stuck in this position for quite a while as the markets consolidate. While it is possible that the support doesn't hold up at one point and a dip comes to the market, that is completely expected in a bear market and simply won't be anything surprising like the collapse that you speak of.
A full on collapse is simply not possible at this stage in my opinion. Prices would not collapse below $3-4k due to the buying pressure in that range. Bitcoin's potential in the long term is not affected one bit by this bear market, keep that in mind.
The $6k support is still relatively strong and seems like that we're going to be essentially stuck in this position for quite a while as the markets consolidate. While it is possible that the support doesn't hold up at one point and a dip comes to the market, that is completely expected in a bear market and simply won't be anything surprising like the collapse that you speak of.
A full on collapse is simply not possible at this stage in my opinion. Prices would not collapse below $3-4k due to the buying pressure in that range. Bitcoin's potential in the long term is not affected one bit by this bear market, keep that in mind.
LOL... How do you know? from a crystal ball? Stop making people demotivated. Getting up and down position is common in bitcoin, and it has been through such situation even worse but bitcoin always back and get on top again. By saying as it is really happen only work for those who is so stupid to believe in you. I mean, come on...
This week, last week, last year, next year? It doesn't matter. There will be ups and downs, this is normal in every market out there. There is no market or commodity that travels only upwards.Considering all the FUD over the years, you must admit that bitcoin and blockchain has done superbly well and continue to thrive as the true decentralized peer to peer payment system.
There will always be unpredictable changes. we all have experienced ups and downs. When the price of Bitcoin increases, we experience a lot of profits and when the price of Bitcoin decreases, we experience panic. This will always happen, even all financial components in the world such as stocks and forex have the same things like this. We must be able to choose the right situation and therefore we must continue to train our abilities. 
This week, last week, last year, next year? It doesn't matter. There will be ups and downs, this is normal in every market out there. There is no market or commodity that travels only upwards.Considering all the FUD over the years, you must admit that bitcoin and blockchain has done superbly well and continue to thrive as the true decentralized peer to peer payment system.
No collapse, no panic. Bitcoin still looks like strong cryptocurrency with low volatility for last time. Waiting for growth.
Thats right bro if people wont make fake news such as this , then we wont also see the people panic and that can cause for the price to go stable .
Speaking of collapse , bitcoin is always collapsing now and then so i think people are now get used to it .
But if ever they will still panic , i guess those one are just only noob and doesnt have any knowledge regarding on the background of cryptocurrencies .
No collapse, no panic. Bitcoin still looks like strong cryptocurrency with low volatility for last time. Waiting for growth.
Once again, it was proven that charts alone is not a good indication to predict the price movement. And this last 10 days for the time the OP open his thread, the price is really stable or shall we say trading sideways with minimal movement whatsoever.
The market is all green today, but there's no break-out but just re-testing some support levels. Are we talking about the Canadian exchange MapleChange hacked? But that news didn't put a significant dent on the price though.
There no news that affecting bitcoin chart at this time, that news even China news, it's been rough to thinh what possibly news can escalate the price again. The market is all green today, but there's no break-out but just re-testing some support levels. Are we talking about the Canadian exchange MapleChange hacked? But that news didn't put a significant dent on the price though.
Once again, it was proven that charts alone is not a good indication to predict the price movement. And this last 10 days for the time the OP open his thread, the price is really stable or shall we say trading sideways with minimal movement whatsoever.
The market is all green today, but there's no break-out but just re-testing some support levels. Are we talking about the Canadian exchange MapleChange hacked? But that news didn't put a significant dent on the price though.
The market is all green today, but there's no break-out but just re-testing some support levels. Are we talking about the Canadian exchange MapleChange hacked? But that news didn't put a significant dent on the price though.
check out the, volume and MACD trends.Volume is dipping very very rapidly .....its over guys... get out while you can ....
I believe that you created this thread in other to create FOMO or makes people to sell out of panic. MacD is not absolute and you should always use candlestick indicators or formations to get a wider view of the market. I don't even depend on volumes to make investments decision but I have to confirm with others indicators. Since you created this thread you will also find out that for the past 10 days bitcoin has been appreciating and therefore, I encourage you to buy now.
Please don't double post, quote within 1 post. It just creates spam on the forum. You should probably edit your previous post.
Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)
you seriously dont find that odd??
Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.
But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.
I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.
Don't know how you're planning on benefiting by spreading this fear, but the VOL looks pretty normal/standard to me: https://imgur.com/a/rwT2l4v
Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)
you seriously dont find that odd??
Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.
But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.
I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.
Stability at better USD/BTC value and good volume would have been a good sign .... but right-now its exactly the opposite ....
Yeah... lets meet in 10 days
For sure, we'll touch base in 10 days. What percentage do you believe BTC is going to crash? If you were to speculate a percentage..
Touching back 8/9 days later. Haven't noticed a crash as of yet.
Like I said, this is purely just fear.
I thought this dip is the result of the Canadian Exchange that was hacked. The exchange claimed all the funds were all gone, I have no idea the hacker had gone into that deep to withdraw all. I was able to read this news just today and few hours soon this sharp decline of value happen. These hackers are good that all the security measures they did for their exchange were by passed.
Which Canadian exchange are you speaking of? Only one I'm knowledgeable about is QuadrigaCX which wasn't hacked, but had a large percentage of their funds frozen by CIBC.
Yes you got me here .... I was wrong .... but still I am convinced once BTC breaks off that downward triangle ... it will go down the drain.
Please don't double post, quote within 1 post. It just creates spam on the forum. You should probably edit your previous post.
Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)
you seriously dont find that odd??
Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.
But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.
I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.
Don't know how you're planning on benefiting by spreading this fear, but the VOL looks pretty normal/standard to me: https://imgur.com/a/rwT2l4v
Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)
you seriously dont find that odd??
Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.
But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.
I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.
Stability at better USD/BTC value and good volume would have been a good sign .... but right-now its exactly the opposite ....
Yeah... lets meet in 10 days
For sure, we'll touch base in 10 days. What percentage do you believe BTC is going to crash? If you were to speculate a percentage..
Touching back 8/9 days later. Haven't noticed a crash as of yet.
Like I said, this is purely just fear.
I thought this dip is the result of the Canadian Exchange that was hacked. The exchange claimed all the funds were all gone, I have no idea the hacker had gone into that deep to withdraw all. I was able to read this news just today and few hours soon this sharp decline of value happen. These hackers are good that all the security measures they did for their exchange were by passed.
Which Canadian exchange are you speaking of? Only one I'm knowledgeable about is QuadrigaCX which wasn't hacked, but had a large percentage of their funds frozen by CIBC.
I thought this dip is the result of the Canadian Exchange that was hacked. The exchange claimed all the funds were all gone, I have no idea the hacker had gone into that deep to withdraw all. I was able to read this news just today and few hours soon this sharp decline of value happen. These hackers are good that all the security measures they did for their exchange were by passed.
Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.
Since you made your own some analyzations, then so be it. I can't see it as FUD too because that's your own view. No way others can changed your point of view.
But let's make your speculation into something fun.
Want to bet a little BTC0.01 against me? If Bitcoin price will reached below $5,500 10 days from now (Nov.
, you won. If not, I won. Let's put in escrow. Backup your stand if you are really sure on that. You can silenced all your critics once it happened. I will wait for your answer. 
Everything seem normal to me right now but if bitcoin falls further I'm staying strong still,I will keep buying more coins and moreover if any bullrun are to occur won't Btc drop in value first?
This is the most bullish ‘this week in crypto’ of 2018! However these institutional investors seem to be waiting for the bull to be in full flow before piling in!
Last year the prices jumped like a cat on any good news. Jump to: