Possible big Crash coming within 10 days

deisik

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Quote from: Xavofat on May 30, 2017, 02:30:30 PM

Quote from: deisik on May 29, 2017, 09:22:11 AM

Quote from: CyberKuro on May 29, 2017, 05:48:26 AM

What kind of crash? It's already 4 days, we are waiting for your prediction, whether it will come true or just misleading information.
Bitcoin price still fluctuate and stay at $2000 level right now, don't know whether it will recover soon or continue to decline.
Recent price at ATH is so tempting for people extract more money from sell their bitcoin, people don't want to regret miss that chance, that's why correction happen imo.

Me, I wouldn't be overly pesky about that

Bitcoin did correct, and it corrected big time in fact (right after the OP started this thread at that). As a conspiracy theory, he might be the dude who started this correction by selling a few coins here and there. Anyway, the correction may not be over yet, and what we see now can be either a consolidation phase or a sort of dead cat bounce, and we may continue to spiral down to, say, 1,200 dollars per coin. Would that count as a big crash?

It would, but it's not going to happen. The value is pretty stable and has actually had a breakout upwards again now.

It's great that there was a big correction. If anything, it makes me feel more secure about the way that the Bitcoin value is going

Let's wait and see

1,200 dollars per coin is the lowest limit that Bitcoin might fall to if there are no major negative news regarding Bitcoin (e.g. Bitcoin being banned in the US or the Winklevii twins liquidating their stash and cursing Bitcoin as the root of all evil). In other words, this is what Bitcoin price manipulators could potentially hope for unless Satoshi himself decides to sell his coins (though this is unlikely). If Bitcoin successfully consolidates at 2,000 dollars, that might indeed be a good starting point for healthy growth when the right time comes

pealr12

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No one can predict what will happen next to bitcoin,even when it soars at 2500 no one knew it,and now your predicting that there will be a big crash that will come in the next 10 days? In my opinion no one will believe it?

PhilPrime

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Quote from: HaXX0R1337 on May 30, 2017, 06:30:41 PM

Let the correction begin,i am waiting for a good correction so that i can re enter the bitcoin market after a long time,in the mean time i was very much investing my time and money in the alt coin market which is showing so much bubble and potential and a good correction is what is needed now as you really cannot expect the price to go up all the time. Wink

Im into altcoin too since btc been to expensive to work too in gambling and in selling. I just keep my btc for now and work with potential altcoins.

HaXX0R1337

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Let the correction begin,i am waiting for a good correction so that i can re enter the bitcoin market after a long time,in the mean time i was very much investing my time and money in the alt coin market which is showing so much bubble and potential and a good correction is what is needed now as you really cannot expect the price to go up all the time. Wink

Xavofat

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Did you see that ludicrous display last night?

Quote from: deisik on May 29, 2017, 09:22:11 AM

Quote from: CyberKuro on May 29, 2017, 05:48:26 AM

Quote from: donbu7 on May 24, 2017, 08:03:06 PM

I think and I am predicting that a BIG CRASH is coming within the next 10 days.

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

What kind of crash? It's already 4 days, we are waiting for your prediction, whether it will come true or just misleading information.
Bitcoin price still fluctuate and stay at $2000 level right now, don't know whether it will recover soon or continue to decline.
Recent price at ATH is so tempting for people extract more money from sell their bitcoin, people don't want to regret miss that chance, that's why correction happen imo.

Me, I wouldn't be overly pesky about that

Bitcoin did correct, and it corrected big time in fact (right after the OP started this thread at that). As a conspiracy theory, he might be the dude who started this correction by selling a few coins here and there. Anyway, the correction may not be over yet, and what we see now can be either a consolidation phase or a sort of dead cat bounce, and we may continue to spiral down to, say, 1,200 dollars per coin. Would that count as a big crash?

It would, but it's not going to happen. The value is pretty stable and has actually had a breakout upwards again now.

It's great that there was a big correction. If anything, it makes me feel more secure about the way that the Bitcoin value is going.

asxs_btc

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One missed chance but many more to go this year with Bitcoin & Shitcoins. I missed the chance to sell top it myself #hodl, but if you didn´t buy too late it´s just lost profit and not a loss.

FlightyPouch

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Quote from: worldmobilecoin on May 29, 2017, 12:05:33 PM

LOL, just price speculation. If there is concrete proof that will be much better. Wink

There's a lot of people here that posts like that whenever they didn't catch the time to sell or convert their bitcoin. They are just disappointed, that's all. What happened is just a price correction, where the price is fixed, and some thought that the price is just a bubble, maybe after these the price will rise again maybe breaking its high price record again.

deisik

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Quote from: randuwani on May 29, 2017, 10:51:07 PM

I'm likewise getting apprehensive with how high it is going. I mean we as a whole need it to go high yet the present rate of increment appear to great to be valid. Can't accuse individuals speculating some other thing is going on. In the event that it'll ever crash, how low do you think it would go down? I fundamentally just got a couple of bits (not even an entire bitcoin) and if it's going to steeply go down in any case, then should change over it to fiat and utilize that to catch up less expensive coins later

Too big, too small

Bitcoin is not one size fits all. You may never expect the market (and thus prices) behave exactly in the way you think it should. Recognizing this harsh reality is likely the first step to becoming a successful trader, i.e. accepting your own insignificance and irrelevance as well as market ultimate randomness. If you truly acknowledge this simple truth, you will never tell that "the present rate of increment appears to [be too] great to be valid" or anything to that tune. If you disagree and think that you know better, then more power to you. But remember that the largest hedge funds with packs of Nobel prize winners in economics failed miserably in the end (think LTCM here)

pinkflower

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Quote from: ivanpoldark on May 29, 2017, 05:14:10 AM

Quote

Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Your prediction is unreasonable.

For the last year Bitcoin as an investment instrument attracted attention such news broadcasts Fox, NBC and magazines Market Watch, Time Magazine, Forbes, Bloomber.

According to Fibonacci retracement analysis the current situation with the price of 2100 is within the expected range. Next price rally will be aimed to $3,350 and then $4,480 in 2018. All will be well.

If you think hard about it, can we really base what will happen on the Fibonacci retracement analysis? I strongly believe we cant. What if a world war erupts starting with the tension between North and South Korea bringing all the world's economy to a collapse? I dont think BTC will escape that negative implications of that scenario.

randuwani

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I'm likewise getting apprehensive with how high it is going. I mean we as a whole need it to go high yet the present rate of increment appear to great to be valid. Can't accuse individuals speculating some other thing is going on. In the event that it'll ever crash, how low do you think it would go down? I fundamentally just got a couple of bits (not even an entire bitcoin) and if it's going to steeply go down in any case, then should change over it to fiat and utilize that to catch up less expensive coins later.

batang_bitcoin

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Quote from: Xester on May 29, 2017, 03:02:59 AM

Quote from: batang_bitcoin on May 29, 2017, 12:27:46 AM

Quote from: joebrook on May 28, 2017, 04:17:39 PM

Bitcoins has been dropping a lot this weekend and those holding unto their bitcoins Ares now very afraid and panicking to sell their stock which I highly disapprove of. The price will bounce back as it always does.

I'm holding my bitcoins and I missed the chance of selling it at $2,700 but I'm not panicking until now nor I did planned to do panic selling. I've read about this correction and almost all of the major alt coins did fall to. This is a typical trading move that when there's a new money came in, profit is profit and traders will actually get it.

I can relate to your situation. I was sleeping at that time when bitcoin touched the all time price which is 3000$. When I woke up it was back to 2200$ until it went down to 1980$. I was filled with regrets but I did not lost hope since the bitcoin price crash is only temporary and as long as I have my bitcoins in my account I will still have the chance to earn and gain some profit.

It was also my speculation that it will reach $3,000 very soon and by that time I'm going to sell but well everything seems to be wrong. I feel sorry too when I haven't sold at peak but that's trading it's fine to me. The good thing is we saw the price did climbed to that price so possibility that it will come back again soon with it is possible.

worldmobilecoin

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World Mobile Coin

LOL, just price speculation. If there is concrete proof that will be much better. Wink

PrinceCaspian

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Some good and better price analyst and bitcoins experts also predicted some price drops but not that huge,in fact they are just looking on drop on between 1600-1800$ mark and not that low,but we all dont know whats gonna happen anything may be

frowsiter

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Quote from: ImHash on May 25, 2017, 02:43:36 AM

Here is what I think; professionals can go and f**k themselves Cheesy

do they not know there are only 21M bitcoins and now only 16.3M in circulation?
This isn't just about the price but about what can you do with bitcoins and whether or not people worldwide will ever accept it as a currency.
Anyone wants to dump their coins are free to do so, lucky us to buy more and cheap.
Those pros are a bunch of idiots if you ask me, because they don't even know what a ponzi is, in a ponzi only a few profit most above all others but in bitcoin if you sell I buy and if I sell someone else will buy and so on, not a pyramid but more like a circle everyone will continue to back it up.

I laughed badly with your opening statement. That was straight and right at the point. It is really the thing that bitcoin has got nothing to do with big crash and stuff. As you mentioned very less bitcoins are in circulation and many more to come. Once the problems of network are resolved who knows bitcoin will rise dam crazy within the night. It has been doing this everyone somebody successfully completes a challenge on the networking. And it will keep doing unless it reaches heavenly 20k plus plus price minimum in coming period of time.

cellard

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The price could keep going up for all we know, it already dumped enough on that $1800 ish dip for it to gain traction and keep going up, so im not worried about the chart, what worries me is a possible crash due UASF due stupid ass Jihad Wu not activating segwit already, people getting confused with 2 chains etc.

I think im going to avoid as many BTC transactions as possible until this gets resolved. Maybe buy some alts but I doubt theres a single alt worth holding since they all go red along with BTC.

Ewox

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Though it is possible it'll crash but why in 10 days? What made you predict within 10 days a big dump or crash will happen by then? And if so, I think it is normal prices go low especially when the segwit will be activated. I think most bag holders of bitcoin and some altcoins are already expecting it. But even if it'll dump more, I still would hold on to my coins no matter what.

digez

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Although I agree the rise was extremely rapid and within few months the price will stabiize, I still think it's within the scope of BTC and a crash is not that imminent this soon, I do agree there will most likely be a crash but it's in no way just related to BTC surge and will mostly be due to people fearing to be left behind, thus initiating a market rush sell.

deisik

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Quote from: CyberKuro on May 29, 2017, 05:48:26 AM

Quote from: donbu7 on May 24, 2017, 08:03:06 PM

I think and I am predicting that a BIG CRASH is coming within the next 10 days.

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

What kind of crash? It's already 4 days, we are waiting for your prediction, whether it will come true or just misleading information.
Bitcoin price still fluctuate and stay at $2000 level right now, don't know whether it will recover soon or continue to decline.
Recent price at ATH is so tempting for people extract more money from sell their bitcoin, people don't want to regret miss that chance, that's why correction happen imo.

Me, I wouldn't be overly pesky about that

Bitcoin did correct, and it corrected big time in fact (right after the OP started this thread at that). As a conspiracy theory, he might be the dude who started this correction by selling a few coins here and there. Anyway, the correction may not be over yet, and what we see now can be either a consolidation phase or a sort of dead cat bounce, and we may continue to spiral down to, say, 1,200 dollars per coin. Would that count as a big crash?

kidmodo

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The bitcoin price now is better than average to make benefit however we cannot anticipate whats going to occur later on, there might truly a major crash coming in btc yet i question it will occur in the following 10 days. on the off chance that you have no guts to confront whats ahead offering your btc now is the thing that you can do. i was enticed to offer my coins yet i held up and see what is the eventual fate of it.

crwth

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Quote from: gabmen on May 29, 2017, 08:55:25 AM

Quote from: xianbits on May 29, 2017, 07:29:07 AM

The crash has already started and I think it will continue to go down a little bit more but not as low as previous crashes. 1500 USD might be the lowest price. Well, these are all speculations. As long as you have your determination, you can't at any instance.

I agree dude. the price of btc has risen quite significantly that it may be a long time before there would be a price drop below 1k as more people now are in demand of btc. and this decline that's happenning right now may not even last for a long time before we see another good run

It's just always have been like that, if you look at the chart there are always dips and dumps with the price and the most thing that we want is to reach another all-time high, and that would be great. Determining the price would probably be an awesome thing to do just because of the possibilities that you are going to have, but that's not possible, you could just speculate.

Topic: Possible big Crash coming within 10 days (Read 7446 times)