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Topic: When to expect the next big drop in BTC? - page 3. (Read 3086 times)

sr. member
Activity: 294
Merit: 250
December 18, 2016, 06:37:20 PM
#32
expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
Yeah I'm agree that many users are waiting for the price if 1000$ per 1 BTC to cash out. I'm one of them and I don't wish to skip such a good chance. And logically it will follow the drop of bitcoin's price. But I doubt that in this case it will fall to 500-600$ maybe it will drop to 800$ but not lower.
hero member
Activity: 1008
Merit: 540
December 18, 2016, 10:49:43 AM
#31
expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
hero member
Activity: 1078
Merit: 514
December 18, 2016, 10:21:51 AM
#30
This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
I think the fall may happen in every single moment. Nobody knows when exactly when. But I think it's more possible to happen after one moe hacking of some exchanger. We all know that exchangers are not save and it's not wise to hold all your bitcoins there as in a wallet. So I think after next hacking bitcoin can fall back to 500-600$ again.
legendary
Activity: 2758
Merit: 1004
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December 18, 2016, 09:42:38 AM
#29
I do not expect bitcoin prices will drop, but if it will happen, I think it would be very long. bitcoin price reduction will only occur if bitcoin is not used anymore, or going on the issue saying that bitcoin will soon be banned by world governments. it could make bitcoin prices declined, and I'm sure it will not happen.
legendary
Activity: 1153
Merit: 1012
December 17, 2016, 12:21:01 PM
#28
If analysis of history serves any good, we should expect that the next big drop will correct around 60-80% of the previous upward movement. Probably, the correction will be a little less severe than the previous ones, because Bitcoin market cap and user base has grown significantly since then.

The next big drop will be after the next big bubble of course. Cheesy That bubble is forming right now. If I had to guess, I'd predict the bubble will need at least 6 months to reach its climax.
legendary
Activity: 2954
Merit: 1153
December 17, 2016, 11:24:56 AM
#27
I agree when people are saying it is hard to tell, since bitcoin price growth today is not the same way back 2013.  The last ATH were full of manipulation and fake pump, while today it looks like it is moving upward in a natural way. 

But as far as I know, $1000 is a figure most people are waiting to sell their coins.  So probably when bitcoin reach $1000 USD there will be a massive selling of bitcoins, but it does not guarantee a massive drop.  Unless there is a major event that will cause even whales to sell their bitcoin, then that probably the one you are waiting for and expect BTC to drop even below $300.
hero member
Activity: 1456
Merit: 624
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December 17, 2016, 11:01:31 AM
#26
This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
Honestly we can not know the real price will be this coming year but i think i feel that the price will still stay at 700 value.. this coming year because many people are saying that more development with bitcoin will happen in 2017 so i think better to buy bitcoins right now and wait for the coming events with bitcoin. if we are fail just hold you bitcoin and do not panic to sell instead better to buy more bitcoins in cheaper price..
legendary
Activity: 3514
Merit: 1280
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December 17, 2016, 10:56:08 AM
#25
This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?

In fact, that is hard to tell

And while many folks here tend to think that a major correction is just about to start for the reasons which I fully agree with, I would still be cautious in price forecasts. My point is that we have two main forces struggling against each other, namely, traders waiting for the correction and thus forcing it to happen, on the one side, and fundamental factors such as expanding Bitcoin adoption (e.g. due to deliberate currency devaluations and restrictions set by governments, see India), on the other side. Obviously, fundamentals will prevail in the long run, but what about short term?
legendary
Activity: 1218
Merit: 1000
December 17, 2016, 10:54:57 AM
#24
I believe bitcoin prices will fall again because it was reasonable, market prices do not always rise and always above, there must be a time when prices are falling. That being the case we do not know when the price will go down. But if the price had gone down maybe I will not sell my bitcoin and keep hold because the price will definitely be back to normal again a few months, and I would prefer to buy bitcoin. Perhaps it is more profitable to me. Bitcoin prices are now very well and continues to grow, I'm sure if the price drops was not until less than $ 500
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
December 17, 2016, 08:17:57 AM
#23
in the past two years there have been at least 1000 topics asking the same question and all their reasons were because they have been waiting to buy bitcoin. and then they keep waiting and price goes up, so they wait some more for a big drop.

in the end they have been waiting for a big drop ever since price was $200
hero member
Activity: 2548
Merit: 950
fly or die
December 17, 2016, 05:03:39 AM
#22
It will happen when it will happen. If we knew the answer, we wouldn't be telling !
sr. member
Activity: 770
Merit: 253
December 16, 2016, 11:52:41 PM
#21
This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
I think all discussions about such topics are wrost because many times the people made many prediction about the price of Bitcoin to increase/decrease  but only few percent of prediction proved true So it is better to take eye concentration in the Bitcoin daily news that will make help about fall and Down price  probability  of Bitcoin .

We don't really know when it would decrease/increase so you have to be vigilant. What I am doing is exactly what you said, I am reading daily news about bitcoin and always looking its current price so I would be aware of it and know my next steps if I will sell/buy etc.
hero member
Activity: 882
Merit: 500
December 16, 2016, 10:38:46 PM
#20
This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
I think all discussions about such topics are wrost because many times the people made many prediction about the price of Bitcoin to increase/decrease  but only few percent of prediction proved true So it is better to take eye concentration in the Bitcoin daily news that will make help about fall and Down price  probability  of Bitcoin .
hero member
Activity: 910
Merit: 550
December 16, 2016, 10:34:18 PM
#19
expect the drop when bitcoin price will hit atleast $1500 bitcoin because theres a lot of rich would encash their money from their wallet because thats a huge money and they would trade it on something else so bitcoin price will drop if 80% of users of bitcoin will pull their money on bitcoin wallet and cash it out on real money.
hero member
Activity: 854
Merit: 500
December 16, 2016, 10:28:14 PM
#18
its not easy to predict when will the next big drop in bitcoin because right now its being more stable right now maybe next year it could grow more and reach $1000 per bitcoin. and one more thing maybe the next drop of bitcoin when bitcoin price hit $1000 barrier because many users of bitcoin will cashout their money from their wallet so it would be the reason why bitcoin price will drop.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
December 16, 2016, 12:36:18 PM
#17
If I was you, then I would definitely wait with investing at current prices. Especially since a serious correction is just around the corner and will hit us very soon. It can be just before the end of this year, or just after the start of the new year. Aside from that, there is not much upwards potential right now. The highest I can see the price go right now is $800-$820 where after that a serious correction will definitely pop up. At the time the correction burns through the market, then expect the price to dive below $700 for a short while. I don't expect it to test the $600 level again, but $650 might be a target.

---> "I sold / am short."
sr. member
Activity: 448
Merit: 250
Americans do it better
December 16, 2016, 12:35:49 PM
#16
After the next big spike Smiley))

And by spike, I mean $10K+
When there is tremendous gain then it tumbles quite hard.
That's what usually happens. Roll Eyes

I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
Your feeling will never turned out as reality, don't know what makes you think that people will sell their bitcoin holding on Jan next year.
Even if few people dumps their bitcoins on new year price will never touch $600 or may not even $700.

Current price is still below $800 and i think it is good price to buy some before it crosses $800.
Once it actually does cross $800 then most people will be singing to the skies.
hero member
Activity: 2786
Merit: 902
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December 16, 2016, 12:34:59 PM
#15
I am also thinking of the same thing and if the "BIG DROP" happens foe whatever reason I'm afraid that the panic sellers will be adding to the

dump that can decrease the price of bitcoin. Having a limited supply can be an advantage and a disadvantage at the same time. If 1 million

btc is sold for a week it will definitely affect the market
legendary
Activity: 1288
Merit: 1087
December 16, 2016, 12:14:39 PM
#14
a drop is inevitable, it depends on the circumstances. it's possible there'll be a big spike and it'll overshoot and fall back but it might settle close to where it is now. alternatively it might repeatedly fail to get above where it is now and fall fairly soon.

there's no point asking anyone else about timings. if you're not confident, and no one should be, then buy small amounts spread over time.
legendary
Activity: 1232
Merit: 1091
December 16, 2016, 12:05:19 PM
#13
It's hard to tell as the current price seems to be a fairly decent price. It's not low, but you can't say it's overbought either. Right now it's basically a 50/50 situation where anything is possible to happen. That being said, with Bitcoin it's mostly like this > When the price seems to go up in a more than decent manner, something happens which will cause the price to go down again. If you focus on that, then we can expect something to happen in a matter of months.
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