Pages:
Author

Topic: Bitcoin Price Moving Towards $7500, Market needs a crash - page 7. (Read 2296 times)

legendary
Activity: 1582
Merit: 1059
I think the price will decrease right after the segwit2x fork happens. I wouldn't call it a crash though, it will just be a normal market correction. There are a lot of good news coming for bitcoin right now, and it's price does not stop to increase, so a correction of it's value will of course happen. I read somewhere that after the correction the price might go to $5000, but I don't think it will go that low. We will have another fork in December, called bitcoin silver, and although people will soon realize that these forks will give less and less profit, I think this one will still make the price increase again.
legendary
Activity: 3080
Merit: 1353
Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

Why do you want the market to crash in the first place? I really don't get people speculating for a crash. If the crash happened what you gonna do? Sell as well and panic? I understand you concern but I think we are all matured here and we know what to do because we have seen the market fall from grace a lot of time but later get up and soar even more. And you should not create FUD here because we have seen this kind of threads already sometimes its becoming a good laugh for most of us.
sr. member
Activity: 574
Merit: 256
I totally agree with you.We should be ready for a crash in the coming days .A rise of approximately 2000$ has been seen in the price of Bitcoin within 2-3 days.It has reached 7300$ mark and in no time it will cross 7500$ mark and even more if it keeps on growing at the same rate .I think a correction is required so that the price can be brought down to a genuine value because this unexpected rise is taking Bitcoin towards the bubble situation.Investors had stop investing in it because the price is not stable and there are chances of a huge drop in the price so they don't want to loose there money.
hero member
Activity: 866
Merit: 1001
Except segwit 2x activation,there seems no critical issues for bitcoin in the upcoming days.
Bitcoin has even overcome successfully the most feared dominant China's actions against it.
It has already faced two hard forks and survived.
Many consider that same would be the case with the following expected hard fork.
But its much worrying since segwit 2x has got more miners support and it has almost 85% hash rate.
So,there would be really more FUD,panic selling,chaos before segwit 2x activation.
But,if segwit 2x fails to get enough support,then bitcoin price would once again skyrocket.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
The market won't crash so easily. In the second part of this month, we will surely see a huge correction in the Bitcoin's value, but the market will stay the same. Nothing to be worried about. People need to be used to this and stop to be worried.
Keep to be happy with the market and enjoy.
hero member
Activity: 756
Merit: 500
I think this is not an important issue to be discussed, because it is already common in the bitcoin. So if the price has decreased because of the bitcoin negative news that is not fatal then it is a very good chance for us to make the most of buying as much as possible and keep it, because of the bitcoin negative news (bullshit) is actually the most powerful strategy to bring down the price of the bitcoin and after large investors get their desires then the price will go up very high.
hero member
Activity: 910
Merit: 550
soon there will be a crash since the segwit2x fork will come soon and that will end the price bubble there's a lot of panic sellers mostly first time in trading industry even tho they only have little profit they will gonna sell it asap when the price starts dumping. but for me no matter what happen im gonna hold my coins. holding it for a long term is more profitable .
member
Activity: 126
Merit: 21
I don't see any market crash soon.. the trend is just going up. This only suggest how persons really need bitcoin these days. I just hope it does stay the same as what I am seeing it to be the future of all currency.
newbie
Activity: 19
Merit: 0
Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash
Pages:
Jump to: