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Topic: Bitcoin will crash every 3-4 years? (Read 1056 times)

hero member
Activity: 2464
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December 21, 2016, 02:59:30 PM
#15
one of those threads Roll Eyes. No reason to justify your statement. You started the thread and jumped in a crashing train.
legendary
Activity: 3556
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December 21, 2016, 01:52:03 PM
#14
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.

I don't think it's that simple to be able to say that's the way it will continue to work. As we gain mass adoption we draw in new (bigger investors).

It's going to be a fun ride, that's for sure.
legendary
Activity: 3122
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December 21, 2016, 01:32:03 PM
#13
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.

With the suggested factors and real thing that is happening in bitcoin you mentioned, take note also that people's respond are the key for bitcoin crash to happen. The process is continous and as you can see all difficulties are being compensated with the bitcoin price. How is it possible? Like I said people's respond. Whatever difficult thing that may happen and normally happened in bitcoin, if people will still continue to give support for this currency then no crash will happen.

If there will be a bitcoin crash someday, it will be because of the majority of bitcoin users that will stop using this currency. The odds are low to happenned as of now so better enjoy it and take advantage of it.
hero member
Activity: 1456
Merit: 624
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December 21, 2016, 01:27:03 PM
#12
I think he is talking about block halving new difficulty new block rewards every thing will be new after blog halving and  that i think it can affect the value of bitcoin or will be increase more because the supply is decrease the price will be rise..
The price of bitcoin is depends in demand and supply.
legendary
Activity: 1904
Merit: 1074
December 21, 2016, 01:23:28 PM
#11
We have seen no significant change in the price, during these events.. so I would not bank on any changes for the future when this happens. I

also thought an event like a Halving will push the price, but it did not happen during the last two Halvings. Also, if you look at the price over

the whole 3 year cycle, then you will notice that the price is steadily going up all the time.  Wink
legendary
Activity: 2114
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December 21, 2016, 01:11:31 PM
#10
How can we predict regular crashes? That would mean that bitcoin system is designed and created this way intentionaly with purpose. I don't think this will happen,  chrashes or dumps are random and dependig on many factors on the Bitcoin market.
Having in mind current trends it's more likely that the pump will be created in this period, not crush.

As long as the price does not rise more than 200% a year, there will be no crash.

you can't generalize it by giving it a number as THE percentage. it all depends on why that percentage rise has happened. if it is a fake pump even a 10% rise can be considered a bubble and a fall imminent.
but if the rise is read based on some kind of mass adoption then there is no reason for even a 200% rise to go down.
sr. member
Activity: 1111
Merit: 255
December 21, 2016, 12:21:33 PM
#9
How can we predict regular crashes? That would mean that bitcoin system is designed and created this way intentionaly with purpose. I don't think this will happen,  chrashes or dumps are random and dependig on many factors on the Bitcoin market.
Having in mind current trends it's more likely that the pump will be created in this period, not crush.

As long as the price does not rise more than 200% a year, there will be no crash.
legendary
Activity: 2912
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December 21, 2016, 09:19:52 AM
#8
How can we predict regular crashes? That would mean that bitcoin system is designed and created this way intentionaly with purpose. I don't think this will happen,  chrashes or dumps are random and dependig on many factors on the Bitcoin market.
Having in mind current trends it's more likely that the pump will be created in this period, not crush.
legendary
Activity: 1386
Merit: 1058
December 21, 2016, 08:19:06 AM
#7
There will be no possibility of crash regularly but a correction after a very big boom is always nature of a commodity's price movements.
I too guess OP  is mentioning about corrections after a rally. Corrections are part of price movements even in the short term fluctuations we can witness them. If bitcoin get crashed out every 3-4 years regularly without any rally, it would reach single digit in a decade. So, the correction crashes are only possible.
hero member
Activity: 1470
Merit: 655
December 21, 2016, 06:20:33 AM
#6
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.

well so far all of these factors like difficulty rise and reward halving were happening bitcoin price keeps rising and mining is actually is a lot more profitable today as it was last year or the year before that.

also you are forgetting about mining equipment efficiency increase. there are newer mining equipment coming to the market that are supposed to use less electricity and generate more hash rate and even in 4 years there will definitely be better and more efficient miners making mining lest costly!
legendary
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December 21, 2016, 06:05:53 AM
#5
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.
Difficulty rise = means more competition, no miners gonna sell cheap bitcoin so price will pump
Reward halving = Supply will get lower, price will pump
Increase in electricity cost = I think electricity cost are actually decreasing due to more power efficient mining hardware
Profitability decrease = Mining will remain profitable if the miner can have cheap/free electricity and use new improved mining hardware.

All reason you have included seems to be pumping price rather than creating crash.  Wink
legendary
Activity: 1288
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December 20, 2016, 08:51:42 PM
#4
pointless trying to guess where anything'll be in a few years, let alone bitcoin. it's a constantly evolving thing. if its growth was done then you could start to make predictions but we're either gonna carry on upwards or go down. there is no middle ground.
legendary
Activity: 3892
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December 20, 2016, 12:30:39 PM
#3
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.

you got it exactly backwards
hero member
Activity: 882
Merit: 500
December 20, 2016, 12:28:19 PM
#2
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.
All the factors you have mentioned difficulty rise, reward halving, mining electricity cost will support price increase and profitably shortage for miners will be compensated only with rise of price levels.

There will be no possibility of crash regularly but a correction after a very big boom is always nature of a commodity's price movements.
full member
Activity: 198
Merit: 100
December 20, 2016, 11:18:01 AM
#1
Difficulty rise, reward halving, mining electricity cost, and profitability decrease may give rise to these situation.
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