Looks like another crash is coming!!

Celebrity

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Quote from: BenjaminPeacock on August 20, 2017, 03:41:06 PM

There is a difference between a crash and a correction, and it looks like Bitcoin is heading for a correction when people take some of their profits. A Goldman Sachs technical analyst said last week that Bitcoin is heading for a possible fith wave where it could reach around $4,800 before it could sell off to $2,200. The market is very volatile and price swings are part of it.

Yeah, good point, most of the users defining crash instead of correction waves. Corrections are the foreshadow of the possible bullish market. They're not bad. But, a crash happens and it destroys the price structure at that moment hardly and harshly. I don't expect any crash soon.

CryptoWinner

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I expect a crash every second. Better be prepared. But BTC is very strong today, might go down ~20-30% max. All IMHO.

BenjaminPeacock

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There is a difference between a crash and a correction, and it looks like Bitcoin is heading for a correction when people take some of their profits. A Goldman Sachs technical analyst said last week that Bitcoin is heading for a possible fith wave where it could reach around $4,800 before it could sell off to $2,200. The market is very volatile and price swings are part of it.

speaktome

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Quote from: Hamphser on August 18, 2017, 11:36:53 AM

Quote from: Idrisu on August 18, 2017, 10:11:24 AM

The same pattern like that of June has form and I think very soon, we would start to experience correction in bitcoin and other crytocurrency because traders may likely try to take profit. Since there is no serious fundamentals analysis news that affect the market I don't expect a serious clash but a minor correction! Up and down is the pattern of this market as the price cannot continually going up it will make bitcoin to be Notting if they are no traders to buy. We should also note that this market is a bull and bears market the two opposing power will always trying to control the market.

If there is a price increase there would be always a price decrease and its really just really a normal thing and correction would really happen later on.It might not happening as of now but it would definitely be done later on.
Its not actually a crash because if we are using the word crash it would be showing price decrease into severe down percentage on its ATH.

In the case of BTC the price does not seem to falter to be considered as a crash,and yet strongly resisted the clash of BCH,in the rest of the altcoins depends on each particular case,there are some that seem pretty stable.

logicalq

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Quote from: crismass1225 on August 15, 2017, 02:31:56 AM

i dont think there will be another crash happen by this year... all I know is by this month BTC will increase more and reach till $5000 and that the real thing happen... dont worry about altcoin just hold on to them whales will not forget there siblings....

Btc now 4083 it's close.

Hamphser

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Quote from: Idrisu on August 18, 2017, 10:11:24 AM

The same pattern like that of June has form and I think very soon, we would start to experience correction in bitcoin and other crytocurrency because traders may likely try to take profit. Since there is no serious fundamentals analysis news that affect the market I don't expect a serious clash but a minor correction! Up and down is the pattern of this market as the price cannot continually going up it will make bitcoin to be Notting if they are no traders to buy. We should also note that this market is a bull and bears market the two opposing power will always trying to control the market.

If there is a price increase there would be always a price decrease and its really just really a normal thing and correction would really happen later on.It might not happening as of now but it would definitely be done later on.
Its not actually a crash because if we are using the word crash it would be showing price decrease into severe down percentage on its ATH.

Idrisu

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The same pattern like that of June has form and I think very soon, we would start to experience correction in bitcoin and other crytocurrency because traders may likely try to take profit. Since there is no serious fundamentals analysis news that affect the market I don't expect a serious clash but a minor correction! Up and down is the pattern of this market as the price cannot continually going up it will make bitcoin to be Notting if they are no traders to buy. We should also note that this market is a bull and bears market the two opposing power will always trying to control the market.

HardFireMiner

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Quote from: KluFf on August 18, 2017, 09:31:01 AM

yep i smell alt crash with the
Bitcoin pump.
and The Pump of Bitcoin cash too.
Goodluck to us Altcoin users.

Try to analyze Charts of some altcoin.
so you can Act Fast.
Goodthing Ethereum still Stable .

Yes, good thing Vitalik didn't sold any coin within the last month Cheesy

.

KluFf

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yep i smell alt crash with the
Bitcoin pump.
and The Pump of Bitcoin cash too.
Goodluck to us Altcoin users.

Try to analyze Charts of some altcoin.
so you can Act Fast.
Goodthing Ethereum still Stable .

RedNovember

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I would suggest getting out before 5k milestone if everyone is planning to dump at 5k then getting out now might be more prudent or maybe at like 4700ish

onrise

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Quote from: IAMYOURLEADER on August 17, 2017, 09:43:55 PM

Quote from: itsonlikedonkeykong on August 15, 2017, 05:27:09 PM

BTFD - Buy the you-know-what-ing dips!

Always keep a shopping list handy for those you wish to hold dear.

There are many people now are waiting for this dip to happen. This will lead for some altcoins to rise. I'm very excited for this to happen so I can trade all my coins.

Frankly speaking in anticipation of the price to fall actually you are losing the opportunity to buy right now and as the demand and price will only increase so will price will only rise in coming time. And then it will be too late to buy at a high price. Instead buy now and invest in some altcoin too and make some gains from it.

carlisle1

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Quote from: IAMYOURLEADER on August 17, 2017, 09:43:55 PM

Quote from: itsonlikedonkeykong on August 15, 2017, 05:27:09 PM

BTFD - Buy the you-know-what-ing dips!

Always keep a shopping list handy for those you wish to hold dear.

There are many people now are waiting for this dip to happen. This will lead for some altcoins to rise. I'm very excited for this to happen so I can trade all my coins.

what is best to do now is to buy those coins which high in possibility to rise up while some correction will happen, those coins which already have a trace of quickly bouncing back after downfall happen we just needed to buy them while its still in a downfall status then wait and see what will happen next.

IAMYOURLEADER

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Quote from: itsonlikedonkeykong on August 15, 2017, 05:27:09 PM

BTFD - Buy the you-know-what-ing dips!

Always keep a shopping list handy for those you wish to hold dear.

There are many people now are waiting for this dip to happen. This will lead for some altcoins to rise. I'm very excited for this to happen so I can trade all my coins.

nevermindthebotox

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Quote from: itsonlikedonkeykong on August 15, 2017, 05:27:09 PM

BTFD - Buy the you-know-what-ing dips!

fuckinging ?

Tongue

SMSCHAIN

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The general tendency of the bitcoin price is rather positive with some market corrections from time to time, which is very normal. The relation between the BTC price and altcoins is not always direct or evident. Altcoins may loose some value if the BTC price artificially increases due to a lot of people buying BTC and naturally selling the altcoins. However, they certainly get some increase in value due to the general hype around cryptocurrencies in general. Although, it doesn´t mean that all Altcoins are a good investment right now.

itsonlikedonkeykong

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BTFD - Buy the you-know-what-ing dips!

Always keep a shopping list handy for those you wish to hold dear.

Pab

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Depends what alts,good alts are keeping price to dollar,very good alts are rising to btc and dollar.That btc pump you finally correct lets see what style.Look alts price to dollar not to btc

Bitforking

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