Topic: Does will bitcoin repeat a WONDERFUL big drop? No it does't. - page 3. (Read 4139 times)
no i never expect that there can be a big downfall in the market of bitcoin any more. and hope that this time the price of bitcoin is going in increase more and more and hope to reach to 1000 USD level may be more than that.
yes and i am also hoping so that we will never see such a big drop in the price of bitcoin again, although there most be some downfall in the price but in a limit, and the market of bitcoin will never crash.
We may see small price correction as price is pumping quite hard last few days but for sure we will not see another big drop as there is no any news/event for it.I also do not think there will occur any droppings because its simply not possible, I think that if we talk about the droppings that there is a small chance it will happen.
The fact is that I also do not see it happen, I think that it will even more rise than drop right now.
Bitcoin will only 'repeat a wonderful big drop' if something catastrophic happens or if the price rises way too high, way too quick in an unsustainable way.
There is nothing to suggest a huge drop right now, the price is very solid.
There is nothing to suggest a huge drop right now, the price is very solid.
Bitcoin will not drop like last time.Bitcoin price is more or less stable from last few months.Some incidents like Bitfinex crisis do have an impact on bitcoin price, but its price will not fall that much as before.
yes and i am also hoping so that we will never see such a big drop in the price of bitcoin again, although there most be some downfall in the price but in a limit, and the market of bitcoin will never crash.
We may see small price correction as price is pumping quite hard last few days but for sure we will not see another big drop as there is no any news/event for it.I do not know how many people will expect to drop from the present value. I want always bitcoin to be reach the good value in future days. As you we already got small bump 20$ from last week to now.
I think there will be some drop but not that big may be $100 to $150. This is what happened in the history of bitcoin always it dropped price when there was hack or some bad news about bitcoin. But see the drops are slowly decreasing, bitfenix hack should have brought bitcoin to more lower price. It didn't happen sine most bitcoiners are aware of what bitcoin hack is and which has only less effect on the price, Not many were in panic to sell bitcoins and get of it. Many were ready to buy with the low price(means more trust on bitcoins).
SO for a big drop we need some big negative news on bitcoin to make many users untrust bitcoin, I don't think its going to happen in anywhere near future. I expect that to happen after the block reward reduced to 3 BTC or so.
SO for a big drop we need some big negative news on bitcoin to make many users untrust bitcoin, I don't think its going to happen in anywhere near future. I expect that to happen after the block reward reduced to 3 BTC or so.
yes and i am also hoping so that we will never see such a big drop in the price of bitcoin again, although there most be some downfall in the price but in a limit, and the market of bitcoin will never crash.
We may see small price correction as price is pumping quite hard last few days but for sure we will not see another big drop as there is no any news/event for it. 
yes and i am also hoping so that we will never see such a big drop in the price of bitcoin again, although there most be some downfall in the price but in a limit, and the market of bitcoin will never crash.
no i do not think that any thing like that is going to happen, hope that bitcoin will continue its journey to increase will continue and hope that this time bitcoin is going to crsoo 1200 USD leve in flat movement.
the price is definitely not going to drop, i think it should grow fast right now
well its around 640 now and been here for around 12 hours. im not sure if its going to go any higher anytime soon. hopefully it doesnt drop below 600 again. anything around 630 is good enough for me. I personally don't consider big drops "wonderful". While I appreciate buying opportunities, I'd rather see wonderful big rises.
That said, it seems to me that we've already had our big drops, from $32 to $2, from $266 to less than $60, from over $1100 to less than $200 and from $780 to less than $470 including the Finex hack.
Luckily, the big rises are bigger than the big drops.
While no one can predict the future price, I would hazard to guess that the next big drop won't happen until after we've set a new, substantially higher ATH. A drop back down to high triple digits would then be a "wonderful" big drop and buying opportunity.
That said, it seems to me that we've already had our big drops, from $32 to $2, from $266 to less than $60, from over $1100 to less than $200 and from $780 to less than $470 including the Finex hack.
Luckily, the big rises are bigger than the big drops.
While no one can predict the future price, I would hazard to guess that the next big drop won't happen until after we've set a new, substantially higher ATH. A drop back down to high triple digits would then be a "wonderful" big drop and buying opportunity.
The $780 to $470 hardly seems to be a big fall, in the larger scheme of things. Given the tepid price movements in the last few years, we seem to be due for ATH. Quantitative Easing has pushed most assets to the moon.... why not Bitcoin?
We cannot of course predict the future but I think that it cannot drop a lot more these days, it can maybe drop a little bit but this would not be a problem we would get more buyers due to this.
Big drops are out of the eye sights if you are asking me.
Big drops are out of the eye sights if you are asking me.
I personally don't consider big drops "wonderful". While I appreciate buying opportunities, I'd rather see wonderful big rises.
That said, it seems to me that we've already had our big drops, from $32 to $2, from $266 to less than $60, from over $1100 to less than $200 and from $780 to less than $470 including the Finex hack.
Luckily, the big rises are bigger than the big drops.
While no one can predict the future price, I would hazard to guess that the next big drop won't happen until after we've set a new, substantially higher ATH. A drop back down to high triple digits would then be a "wonderful" big drop and buying opportunity.
That said, it seems to me that we've already had our big drops, from $32 to $2, from $266 to less than $60, from over $1100 to less than $200 and from $780 to less than $470 including the Finex hack.
Luckily, the big rises are bigger than the big drops.
While no one can predict the future price, I would hazard to guess that the next big drop won't happen until after we've set a new, substantially higher ATH. A drop back down to high triple digits would then be a "wonderful" big drop and buying opportunity.
i am hopeful that it will never happen in future, hope that the price of bitcoin will remain stale and will not decrease any more, although there may be some correction in the price of bitcoin but we cannot consider it as a high drop,
i am saying it is not a "disaster" because most of all the hacker is not going to dump 120K in one place at one time. if the hackers wants to sell it then he will do it slowly and with smaller amounts that market never even feels it. besides they will not dump it publicly on an exchange, it will probably go down off sites.
The devious hackers had probably sold huge amounts of bitcoins even before they stole them. Nowadays it is possible to trade on margin, you can sell bitcoins even if you don't have them. The price went vertically down on the eve of the theft, just two days before Bitfinex got hacked. For that reason alone, they didn't have to sell the stolen bitcoins at all. The hackers could use the spoil to cover their short positions which they had wisely opened right before the hack.
I expect the price to continue trending up overall, however, if it does take a drastic nose dive down to $200 or whatever, I will happily buy as much as I can. Having been in for the long haul before, now and for the future, big dips are just opportunities to add on to my hodlings.
No, i don't think that Bitcoin will drop again to this price (200$), nowadays it's about 600$ and it's expected that the price will increase soon.
I do not want the Bitcoin to drop again because then all of my waiting has been somewhat for nothing. I only want the pirce to rise at the moment and after I have sold it can drop again. Then I can buy more Bitcoin with the profit that I would make then.
September 02, 2016, 07:05:32 AM
yeah it is a terrible thing to happen, when you see a big exchange with mad volumes get hacked.
but it is not a disaster, at least not as bad as you want to show it. people are trading 100-300K bitcoin everyday how can one 120K hack be a disaster for bitcoin price and this volume is without the 500K bitcoin that is being traded on Chinese exchanges alone.
but it is not a disaster, at least not as bad as you want to show it. people are trading 100-300K bitcoin everyday how can one 120K hack be a disaster for bitcoin price and this volume is without the 500K bitcoin that is being traded on Chinese exchanges alone.
Ridiculous argument.
How much of those Bitcoin traded are simply the same BTC going backwards and forwards, especially on the Chinese exchanges...
...this was 120K, take out of the major Bitcoin exchange's wallet, and in turn, thee major global Bitcoin exchange made sure every single one of it's customers took a hit for it. I have lost, 2-3 times what I made trading Bitcoin over the past 3-4 months. I shan't be touching BTC with a 10ft dogshit covered bargepole ever again and literally thousands of others will be feeling the same way.
The exchanges cannot be trusted. Simple as that, and having any significant amount of money on them is a game of Russian roullette, and all for what? For a financial asset that has been pounded into the ground by the performance of many conventional stocks this year, and last year, and the year before....etc...
you say this as if i was defending them, no those fu**ers stole my money too, i also lost my BTC.
i am saying it is not a "disaster" because most of all the hacker is not going to dump 120K in one place at one time. if the hackers wants to sell it then he will do it slowly and with smaller amounts that market never even feels it. besides they will not dump it publicly on an exchange, it will probably go down off sites.
They are not dumb enough to dump those all coins in a single transaction for sure they would took down exchange sites. For me its still a disaster since it really affect the bitcoins price dump a little bit. We cant trully trust exchanging sites since i have a suspicion that those hacked incident would have a possibility on inside job.
September 01, 2016, 08:19:47 PM
That's probably true, it is really hard for something like this happen again. But that's crypto, a lot of things still may occur. However, lately we are seeing some significant resistance against another big drop. In such a scenario, it becomes risky to speculate to buy back later.
yeah it is a terrible thing to happen, when you see a big exchange with mad volumes get hacked.
but it is not a disaster, at least not as bad as you want to show it. people are trading 100-300K bitcoin everyday how can one 120K hack be a disaster for bitcoin price and this volume is without the 500K bitcoin that is being traded on Chinese exchanges alone.
but it is not a disaster, at least not as bad as you want to show it. people are trading 100-300K bitcoin everyday how can one 120K hack be a disaster for bitcoin price and this volume is without the 500K bitcoin that is being traded on Chinese exchanges alone.
Ridiculous argument.
How much of those Bitcoin traded are simply the same BTC going backwards and forwards, especially on the Chinese exchanges...
...this was 120K, take out of the major Bitcoin exchange's wallet, and in turn, thee major global Bitcoin exchange made sure every single one of it's customers took a hit for it. I have lost, 2-3 times what I made trading Bitcoin over the past 3-4 months. I shan't be touching BTC with a 10ft dogshit covered bargepole ever again and literally thousands of others will be feeling the same way.
The exchanges cannot be trusted. Simple as that, and having any significant amount of money on them is a game of Russian roullette, and all for what? For a financial asset that has been pounded into the ground by the performance of many conventional stocks this year, and last year, and the year before....etc...
you say this as if i was defending them, no those fu**ers stole my money too, i also lost my BTC.
i am saying it is not a "disaster" because most of all the hacker is not going to dump 120K in one place at one time. if the hackers wants to sell it then he will do it slowly and with smaller amounts that market never even feels it. besides they will not dump it publicly on an exchange, it will probably go down off sites.
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