Topic: The Crash! (Read 1762 times)

If you say bitcoin is a risky investment, then you invest.
No one thinks like you. For me, Bitcoin is a lucky investment. If you know Bitcoin's legality, you can make the most of it.
Many years ago, Bitcoin's price was low, but in recent years Bitcoin's price has grown to a record $ 6,000. Did you think it was going to be this way? The reason for the growth of Bitcoin is due to the approval of many countries.

I think you do not need to worry about this because bitcoin always face with crash. ASa you can see, every year, the price of bitcoin are dumped at least 2 to 3 times. I expect that the next year we will even have more dump. However, everything will soon be back to normal because the number of people who support bitcoin is still very high

Of which crash you are talking about? The crash of 2013 where we have crazy bubble caused by bot trading and speculative Chinese market with crazy margin trading?
This is not gonna happen again - if we will have next crash it will be either caused by legal issues - some kind of ban, or hard regulation on cryptocurrency.
Bad news - for example, another big exchange hack/crash or other bitcoin satellite service fail.

If nothing is expected to happen with bitcoin, how can we say that bitcoin will crash down? Why we spread panic about bitcoin which is totally based on speculation. For the time being down fall of price should not be assumed a crash for bitcoin. Is bitcoin that much weak, as the people thinking about it. I don’t believe that these type of speculations can crash bitcoin because bitcoin is so much strong in the cryptocurrency market.

if you mean crash Price Back to 0 will not happen but in bad case price may be down to 3000$ or up to 7000$

Every investment absolutely comes with a risk and if an investor is looking for a risk free investment, then the person is apparently ready not to invest at all.

Bitcoin to me now is much more like a mid risk investment and one that even gives more hope of something big which is glaring and if everything works pretty fine will make any investor smile at the end.

Yes. We have had worst days and it seems as the day goes by, bitcoin even keeps becoming more unshakable.
Look at the events of China in the years past and what happened this year with the speedy recovery of bitcoins in a very short while, then I will say there are pretty much better days ahead. We do not know the attack that will be thrown at the community, but I sure know it is nothing that will not be overcame.

Bitcoin Depend on Simple Supply and Demand low

Crash always can happen if people lost trust but till now bitcoin proof it is power so that in bad cases price will back to 3,000$

bitcoin is THe cryptocurrency and most of the new money that come in does so because of bitcoins's popularity and only for bitcoin; Eth in my opinion is THE alt coin and it represents the whole alt market. I don't see a reason for concern, all of the points you listed aren't as bad as you think or are exaggerated

1. fact Bitcoin independent growth when altcoin go down is comforting. That have shown the king of Bitcoin digital currency
2. Eth before still growing steadily. Eth just behind Bitcoin
3. ICO is not related to Bitcoin
4. as I have presented
5. I don't think so

Everything can happen , but as as i know there is no sufficient proof that bitcoin will be crashing down the next year.  Otherwise the opposite may happen ,bitcoin will be in a rampage hitting the $20k value.

How do you know how many coins there are regular users and how many coins from whales. They can crash the market at any time. Who knows personally the man who became rich due to the fact that kept their coins? Whales know how many coins are mined and they always have the option to keep the price down until they buy the entire volume of free coins.

1. No you are wrong, ETH price was surged by over 10x within this year.
2. ETH used to swing between $10 to $20 for long time before making current jump to over $400.
3. Which ICO you are talking about?
4. Which 3 ?
5. Yes all centralized exchange platforms are ticking bombs which can get hacked anytime, we might soon see really awesome decentralized trading platform.

Yup! I agree we can see that the price of bitcoin would sure drop but it will not be significantly very low, because many people have hodl their coins and they sure know on what to do in the up coming hard fork, they are fully aware that they will settle a free coin when the hard fork subside, even though there are still a panic selling we don't feel it much because people that have sell their bitcoin right now have lessen.

If you're thinking history repeat itself that the price might crash like few years ago. I don't think it will happen again, btc is more popular now compared before. The number of user and investor has already grown up and keep on growing day by day.

Things aren't looking great. In technical terms, we have a classic Bollinger Band double top on the daily chart, as pointed out by John Bollinger himself this morning. Given the way we have dumped day after day into the previous flag, I think there is a good chance he is right and there is further correction ahead.

We tagged the daily 20MA and bulls reacted well, so I think we are due a solid bounce. But it's probably prudent to expect further downside, especially given that Segwit2x seems to be moving forward, with Coinbase and Gemini both confirming within the last day that they will call the miner's chain "BTC."

You have a point there and really that is happening right now but I think there is a corrections along the way and there is no going straight up in prices for Bitcoin neither in other cryptocurrency coins. We experiencing a huge Bitcoin dominanace in the market capitalization of cryptocurrencies because there is an incoming Hard Fork that will be resulted to a new split coin from the original one and most of the people that holds other altcoins tend to convert it to Bitcoin first. I think that most of the people who invested to those ICO's scams are with the Ethereum platform so I don't see any point for the Bitcoin's fall down because of it. Let's just hope for the best for Bitcoin then after the year ends.

Don't panic! this word should be gotten to the heads of panic seller but we can't force them to sell since we cannot control their minds to do so, But don't be so stress out if selling will be happen since you can take on your mind that bitcoin is strong currency and we might gonna see it dump for now but there would be a good comeback so we should not be worry on somethings attached for the day of the dump.

i believe bitcoin still possible to through the current achievement and if bitcoin crash you might be can advice somebody to stop panic sold but very unfortunate this is will not working well especially if the price dropped faster at the same day then majority people doesn't care about people advice and starting to sold their bitcoin and the crash always be happened in cryptocurrency because admitted or not this is part of cryptocurrency itself but yes bitcoin will not dead

Bitcoin have been volatile its value so even the price becomes fall down it will recover. Usually after the dump stage it will soaring high again. Yes, dont panic expect of correction of the price of btc.

Even if bitcoin is crashing, bitcoin still got a great achievement this year and you need to stop panic,  bitcoin still standing strong and dominating  crypto currencies and there are more and more people starting  to investing in bitcoin,  when crashing people will buy it again,  so the crash won't make bitcoin dead

Because bitcoin is the parent of cryptocurrency, so do not be shocked at the very high bitcoin prices and very much soared from altcoins. I personally do not worry too much about this crashing, because in my opinion this is just a correction towards the end of the month.

yes i agree much better to be ready fort the crash dont panic cause its always happened even before when bitcoin in not yet popular. So indeed that scenario always  happen time on time we cannot speculate beacuse of its always fluctuate . And also being paranoid about the up coming crash is not good for your health.lol instead of doing it. Just set back and relax be ready mate..

Being paranoid about crashes is not good if you want to invest. There will always be rumors of crashes and the burst of bubble but we will never know unless it happen. Prepare and anticipate don't panic and spread unhealthy speculation.

It’s starting to look like this could be a big correction. This drop could go down to $5000 or below. I seriously think this could be a significant drop we are going to see. It’s already around $5700 and there aren’t many people buying Bitcoins right now on the exchanges. The funny thing is that most other coins are dropping too, so the only place to transfer you money is fiat or USDT.

It is understandable to have small dose of fear, who can tell what 2018. will brings. Bitcoin is 1st because it is the best, and because it was first of its kind. There are some really good Altcoins like Ethereum, but they will hardly reach Bitcoin. As far as ICOs are concerned, well there are different opinions about them. It is impossible that all of them are scams. Problem with execution of ICO... well I would say that, that problem comes from not finished project or scam. I am not sure why you don't like exchanges, because they serve their purpose.

We are not talking about dying! We are talking about crash! Because there was some sort of correction in last few weeks, plus some resistance and support! but we should predict the Crash! Same as it happened before...

It is for sure not going to die at least not anytime soon and not at all if everything goes right. Not just about the rise this year, but the fact that so many countries are beginning to realise it cannot be stopped and it is better to get in now and benefit than end up being a laggard in the show. There will always be FUD, it happens even in the normal currency market, but at least we know it is going to stay decentralized once we don't give NYA and some miners the key to centralization.

I think OP thinks that the drop will be on the 2018, but we are going to experience a sudden drop this coming October 25, and a Hard Fork will occur that is why the price is so much this time they are buying bitcoin because of the split and free coins that they can get with the Hard Fork, and I think Ethereum was moving a slow pace but a sure movement going up, but I think it is good to have an exchange with just the highly recommended top 5 Cryptocurrency that you would think you can profit.

i am not too worry about the crash in 2018 because if its happen then its only repeating from previous and we can see many like this in future. but yes the price will be down as we know that bitcoin price is always changing in every time. bitcoin is moving because now many people is trying to join into bitcoin world and they buy and sell the bitcoin to make sure that are in the same boat like the others. for the altcoin especially for ethereum, i am sure that ethereum will be increase soon once bitcoin reach the stable price. for the ico, i think if we are not sure, then you don't have to join and invested in the ico and its better to saving bitcoin. the exchanges will always have the competitor and only the best exchanges that will survive. so my advice, you don't have to worry about anything, just follow the market and you will be fine.

So sick to read so many Crash thread here while in some point those chrases things has been proven wrong and maybe for this another fork happen we can see a dump since people will sell there bitcoin gold but I'm sure that the price will pump and maybe by this year we can see for the price of bitcoins came to the 8000$ or maybe even more so let's just stay and be alert to monitor the happenings since for sure this year end will be the great set for btc to pump.

we will know the effect if there's a possible crash that will happen after this oct 25 fork, after btc holders already received their free btc gold
and a convincing 6k or 7k$ value of btc would be nice to their needs, bitcoin will make some corrections but wise believers always take things
as an advantage so even some downfall happen bounce back will be happen after.

I could read between the lines what you are trying to say! Which show you are kinda smart!

But WTF you are doing at this thread? Open your own and say WTF you want!

There will be no crash in the future. Investors has already matured and in the long run they won't allow anything to happened in the ecosystem. The only crash you need to expect is in the altcoin sections including Ethereum. Investors already lost its confidence on them. So I agree we better hodl our bitcoin because there's no crash and just profit on our end. Goodluck on your Ethereum though.

I've faith that bitcoin always increase overtime since the demand is greater from time to time.
ICO is booming recently but it's not affect on bitcoin IMO as long as nobody able to compete bitcoin, it's will be alright.
Just keep your bits for next 4 year , PROFIT !

none of the things you said here have any direct effect on bitcoin price that warrants any reason for a crash or causes some concerns for a crash.
some of them have some indirect effect such as exchanges, if they get hacked but it is "indirect" because it still has nothing to do with bitcoin and such cases never cause any big or even long term issue for bitcoin any more. the days of MtGox being only bitcoin exchange is lone gone and now exchanges consider themselves lucky if they have anything near 10% volume of total vol.

other stuff such as ICO are just irrelevant.

The same as you I’m happy when 6000$ barrier have break but the same time worried not because of a “crash” that you said but because I don’t have hold bitcoin for the coming next year.

>bitcoin been on the lead in price increases since before nothing change really, altcoin has less supporters/investors than bitcoin.

>ethereum is meant to be hold for long time until many will recognized it and invest more to it.

>I agree that more ICO now are just using our weakness and abuse our work ethics.

>4-5 I don’t know but it seems don’t have any relation to bitcoin crash.

So this opinion can be right or wrong and we determine it on our own judgement.

I agree with some of what you said.

What exchanges are 'ticking time bombs'?  And I would add that we've already been through
Mt. Gox, Cryptsy, Bitfinex(?) and a few others, and those implosions had little effect on the
price of bitcoin. 

ICOs don't concern me in the least.  Let the foreigners have them.  In my blood is a lust for
bitcoin and bitcoin only.  The altcoin scene leaves me cold, and indeed a lot of ICOs are scams,
or they're bound for failure.

I don't follow your logic about eth moving slowly upward.  I don't think that bodes good or
poorly for bitcoin.

Then we have to worry once we get there. And thanks for being happy for reaching $6000 and we are all happy as well. But we are not worried for the crash. We know the risk that's why we have taken it and it looks like it been a gamble that have payed already. We have already a lot of discussions about Ether and it looks like its not even closer to its previous highs. It can't even go to $400 levels now. You don't you worry about the crash in 2018 or even in the future. And I'm sure if even bitcoin crash, Ether will crash first before bitcoin.

1. This is actually good news. The biggest cryptocurrency keeps dominating the market. But if you're worried about how the other coins are getting left behind, they will recover at a slow pace.
2. It was 404$ back in June, and right now ETH is struggling between 290$ and 315$. This is hardly an increase
3 and 4. This has nothing to do with the possible crash that you mentioned.
5.

Honestly, 2018 is shaping up to be an incredible year for bitcoin. Just sit back and enjoy the ride.

Popplecock, only now is Bitcoin reaching the masses, from here in up there is no stopping our Crypto, even banks are getting involved in Blockchains, this have good and bad effects, what these are, aside from the obvious - no one really knows. It is certainly an interesting time to witness.

Maybe you are right, but we have nothing to worry about now, it seems that bitcoin is doing a very nice bullish trend at the moment and it doesnt seems that it will go down soon. It had a little correction today from more than $200 - $300, but it is okay, it has been rising a lot in the last few days and we are still on green numbers since the past two weeks.
But a big crash is needed, we really need to know the real value of bitcoin and how much can it drop, maybe 30%, or maybe more, nobody knows about it.

I haven't played The crash for years,  my lolness the fun I had with The crash.
Turning off my beggar and loler engine.
Since this topic is a platform to promote our shit coins, I might promote mine as well, activity is one of the promising tokens, seriously imagine if theymos implements a coin system into the forum.
You could only post with a signature if you had activity coins, and every coin had a fixed price of $0.1 your account could only rank up if you had activity coins. if I'm getting $3 for every post I make, $0.1 is a price I'd rather to pay to earn $2.9.
Ξ is pumped by Russia. BTC is pumped by people, when you could mine Ξ and sell for cash then better to mine Ξ. if you bought BTC to have Bitcoin gold, it's your own fault if you are losing money, all of the double your Bitcoin guys are scammers, they are doubling your Bitcoins with Bitcoin gold fork.

I did not understand you, are you saying all other coins are going to clash to bitcoin? I expect 2018 to be one of the best year in the history of cryptocurrencies as we are becoming wiser and making cryptocurrencies investment with skills and knowledge. Many major markets players has foreseen and forecasts great progress in 2018 to 2020 for bitcoin and others major coins and I will stay with most of this forecast. You are right by saying that 2/3 of the ico projects are scams but the reality is that the remaining 1/3 are doing well and serving the purpose  there are established for.

Ethereal can develop steadily, but what about bitcoin? It is not only stable but also very powerful. The development of ethereum can not be overcome by bitcoin, in contrast, it is being bitcoin slow. No chance for ethereum to compete with bitcoin.

I don't find this to be a crash. This is the time where the entire user community is keeping hold of bitcoin for a bigger profit. At present there are lots of users who have got committed to bitcoin and the same will soon make them rich. Maybe something interesting need to be made to avoid crash.

And this is so bad? We need to remember that Bitcoin is original and the first ever cryptocurrency, it is rather obvious that it will be the highest rated cryptocurrency.
Do you think that other copy-paste altcoins should be more expensive as well? Why?

Good for Ethereum, as I said it is not that well known and used as Bitcoin.

It might be the case, yet again, ICOs have very little to do with bitcoin. Simply disregard ICOs you think are harmful or totally useless.
Ban of ICO won't cause any trouble to Bitcoin IMO, there might be temporary downtrend but that is about all what might happen.

Again, just don't pay attention to ICOs, focus on 'real' coins. Created before ICO era begun.

there is always a risk with bitcoin but there is always a risk with any other investment too! even if gold that everyone keeps praising everywhere is a risky investment.
and everyone has their own theories, some of them very strange!

all i want to point out without repeating all the answers others gave is that being "worried" is a good thing but being irrational and trying to link some weird stuff like ICOs to bitcoin is not.

Bitcoin is going to pull back or crash 25+% at some point because we know parabolic growth isn't sustainable. But I severely disagree with the reasoning behind your opinion. I don't think comparing altcoins to bitcoin is a good way to go about things. Altcoins are still very relient on bitcoin (some only have BTC pairs). I also don't see why ico's would have a negative impact on bitcoin. Ico's are like a start up, and usually 80% of all start ups don't survive their first year(s). So in essence an ico is practically the same as a start up. The only difference is that people tend to call it a scam when the business model fails. Disregarding the fact that some are just plain cash grabs.

Now bitcoin is not ready to die. Look at his results this year. He consistently is on the rise. I think that next year will be even more successful than this one. When the market capitalization of bitcoin will stop growing and the price will stop can be a fall in prices. This happens due to the fact that speculators will begin to withdraw their capital. It can stop bitcoin as an investment and then bitcoin will start a new life as currency.

Bitcoin is constantly moving up since then so why would it be a threat? It has been like this for years but it never been a threat for a massive crash.
It continues to grow since it has a good features and continued to be trusted by many, there are lots of reason for it to go down but it won't crash massively.

There's always a threat of a big crash but I don't think it's gonna be to a three or four year low or a dooms day scenario.  Bitcoin isn't gonna be going away anytime soon guys, so keep buying while you still can.  

The drug cartels and the criminal underground are prolly saying:  'There's billions more where that came from.  Fasten your seat belts!'

Worried? I am happy about the situation.

That is a positive sign. This shows Bitcoin is much more promising coin than others. It is attracting large investors which will grow with time.

Who says Ether moving up steadily. It was $400 few months ago. Since than it is struggling between $180-350.


Same trend will continue for next year too. Crypto investors are fool, and will continue to act as fool as far as they see profits.

So all points show Bitcoin will continue to bump in coming time too.

There is potential for a big correction for Bitcoin. We’re seeing a little one now but it could go lower now or next year. It depends on news and regulations.

This drop today tells me that the increase over $6000 was not all due to the hard fork because we haven’t even gotten there yet. We could actually see another drop if exchanges don’t air drop the Bitcoin Gold to their Bitcoin holders. Be prepared if that happens.

Seems like everything you've pointed out here doesn't relate to the crash of bitcoin, instead it can be somehow become the reason for bitcoin to become higher on 2018. Don't panic too much.

While many people were so excited for 2018, there you are making your own nightmare.

1. Isn't that a good news that bitcoin is "far far away" from your so called other "coins". That might be an indication that bitcoin is ruling the digital world.

2. Bitcoin is independent from ether and bitcoin has nothing to do with the slow moving of ether.

3-4. What is the connection of the problems of ICOs to bitcoin? I guess NONE. If ICOs wont success, investors will go back to bitcoin to invest.

5. I can't understand you point.

Lastly, bitcoin is getting more and more popular nowadays, therefore there will be much more demand for bitcoin in the coming years making its price even higher. Seems like all you have cited above was in favor of bitcoin.

1. Bitcoin's moving up so much because it saw a bear market of ears and was imo undervalued. But that's what often happens, markets overreact.
So this bullrun is just fair while all the shitcoins had a crazy spike in spring.And don't forget that ICO nonsense!

2. Ether had a massive run early this year and is still retracing from that. furthermore due to all those ICOs it seems it's only able to hold some of that value. It would far less without the ICOs imo.

3.You're right! ICOs are mostly scams.And if they go to hell it is what they deserve. People who were greedy as f*ck will have learned a very hard lesson. Next time they will go Bitcoin instead of those crap coming up every few months. And the down fall of ICOs won't have any significant effect on Bitcoin. It will strengthen Bitcoin!

4. See my answer in 3.

5. There are so many exchanges out there. And more and more get regulated. If you're worried just use the regulated ones. And if you're smart you never hold a major amount of coins on any exchanges. Hold the a big portion somewhere in cold storage and only speculate with a small portion. And another hack may shake the market for a short moment of time, but won't have major effect like Mt.Gox had back in the days due to global exchange distribution. Back in the days Mt. Gox had more than 75% of global Bitcoin trading volume as far as I know. These days are over!!

I agree that we will bear phases sooner or later. That's how markets work. It goes up and it goes down. If you're in for the long run because you've understand Bitcoin and see the potential and analyzed the actual fundamentals, you will sit back without any major worries. Just buy and hold! In a few years you will look back and have a big smile in your face!

I'm also sure that we'll see a reversal of the bull market sooner or later. However:



Not all coins show the same utility and adoption, so why expect all coins to have close to the same value? Most alts are still overvalued, even now.



Relative to fiat, perhaps. Even then it's heavily oscillating, not "slowly moving up".

Relative to BTC we have seen a steady decline of ETH since Juli.



Will only marginally affect BTC -- if anything, ETH will be most heavily affected by these issues.



Why? Do expect all exchanges to blow up or run away with our coins at the same time? The exchange ecosystem is incredibly healthy right now. If one should fail, we now have many to replace it.

Take btc-e for example. One of the longest running exchanges in crypto-history. They got busted and shut down, yet it hardly made itself felt in the market.

People loves melodrama, and every time when they are not sure what's going to happen they start talks about crash, death, doom. Why should we crash now? Many prominent people - if we excuse those asholes from the Wall Street, talking about 10k and more. Bitcoin now and that one few years back, is not the same, today you can find so many information's about Bitcoin and only 4 years before it was hard to find information about mining rigs for example. Maybe adoption is not amazing but when it starts, rise will be exponential. Those small price machinations and manipulations I would not call crash.

Why are you worried about this?
bitcoin increased sharply and put away the other coin is a good signal because it received the attention of the investors. when investors investing in Bitcoin instead altcoin the Bitcoin price increase formidable. You should be worried about the future of altcoin. as far as I know, the upcoming fork causing altcoin reduce because we buy Bitcoin to get free BTG

what other "coins"?
you mean those useless tokens that are being traded only and call themselves "coin"!
how can something follow bitcoin when they have no usage apart from being traded and nobody knows about them apart from bitcoiners who want to invest their bitcoin?

adoption is not always a slow process. it is sometimes faster and sometimes slower.

this has nothing to do with bitcoin.

yes but last time the biggest bitcoin exchange (bitfinex) was hacked the "crash" was a tiny one which lasted less than a month.

what else you've got?

Why should Bitcoin only moving up worry you? Bitcoin accounted for 80-90% of the crypto market cap in March this year. Only at that point did alts start taking off. Even now, Bitcoin only accounts for 60% of crypto market cap.

I am happy as you all for reaching $6000.
But I am worry about the crash in 2018!
Reason:
1- Only bitcoin from all cryptocurrency is moving far far away from all other coins.
2- Ether is moving slowly up and steady.
3- As we are all aware 2/3 of all high profile ICO either are scams, or legally scams to be announced.
4- At least 3 from $50m + raised ICO are having problem executing!
5- EXCHANGES..EXCHANGES...EXCHANGES...THESE ARE THE TICKING BOMBS..