Why Some Speculating Bitcoin To Crash?

drachman

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Quote from: CryptoBry on December 03, 2017, 11:59:39 PM

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

Some people just love to spread FUD in fact there are even some users in the forum that do nothing more than that, it is like trolling, to many of us that does not make sense but some people just love to be a nuisance to others and there is nothing we can do about it.

sjefdeklerk

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I speculate BTC to crash because:

* It failed as a payment system. The most ironic recent example is a bitcoin conference where they banned bitcoin payments due to the high fees: https://news.bitcoin.com/miami-bitcoin-conference-stops-accepting-bitcoin-due-to-fees-and-congestion/ LOL, a bitcoin conference that bans bitcoin payments, that's just too funny!
* Lightning network will not work because it's a really dumb system. Users have to be online 24/7 to form part of a payment route, the user with the lowest amount of money determines how much you can pay in that route (big LOL!), extreme data transfers are needed because the network needs to know the state of everybody's payment channel all of the time in order to discover routes, wiring BTC into/out of your payment channel still is an on-chain transaction, users can defraud each other in a payment channel, no guarantee you can pay the person you'd like to pay etc etc etc
* Countries are actively cracking down on BTC, no country likes losing control/power so they fight it and ban it. Every week there's a new country cracking down it seems.
* Extreme electricy costs that just keep rising and rising will cause a lot of resistence

All in all I'm 100% sure BTC will fail.

ipanks

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Quote from: cybersofts on January 11, 2018, 08:06:10 PM

There is always negative news of bitcoin crash from negative people. all you have to do is stay away from them. Though, the current bitcoin price crash has a reason which is South Korea. The Korean government created a new task force to crackdown all cryptocurrecency exchanges for tax invasion and money laundering.

yes, besides that if they can spread negative news about bitcoin will be crash, people will become panic and when they see the price is down for a little, they will do fast selling without thinking more. and if this is happening, people which spreading that news will be happy because they can buy bitcoin with low price and they can buy a lot of bitcoin and after that, they will spread the different news to make bitcoin price increase back and they will do this.

cybersofts

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There is always negative news of bitcoin crash from negative people. all you have to do is stay away from them. Though, the current bitcoin price crash has a reason which is South Korea. The Korean government created a new task force to crackdown all cryptocurrecency exchanges for tax invasion and money laundering.

btcminer6212

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Quote from: EdenHazard on December 21, 2017, 01:36:46 PM

Quote from: romero121 on December 21, 2017, 08:35:25 AM

This is the cause of FUD that's been spread around to promote some projects that are into existence based on the bitcoin technology. In specific my thinking is that the sudden growth of bitcoin cash is the one that makes people afraid about the growth of bitcoin. I have a strong belief that the price will grow high at the earliest before the year end.

it could be like that , i will just in bitcoin side no matter how much alt coin growth.

bitcoin will always have something bad like this before it get skyrocketed , so hold yourself from panic , don't sell your bitcoin as it will hard to earn bitcoin in the future , collect bitcoin as much as possible before it worth a lot of money in the future.

I think a lot of reasons behind this and I think a lot of people think it's technology getting old day by day and any other altcoin with new technology replace it. Price is also a main factor a lot of people think the price of bitcoin is already to high and they think it will be a correction very soon. Yes the bitcoin price was fall a few days ago but the price pumping back to $11,000 again and it's even surpass $11,500 right now. I also predicted that the bitcoin price will fall but it keeps bounce back to the top.

wuvdoll

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Quote from: finzyoj on December 17, 2017, 06:20:06 PM

Quote from: South Park on December 17, 2017, 04:31:33 PM

Quote from: CryptoBry on December 03, 2017, 11:59:39 PM

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

There are many reasons for why that could happen there are many people that are holding bitcoin for the long term but prefer to FUD the forum and see the newbies dropping their coins and then they can get those coins for cheap so as you can see their strategies makes complete sense to them.

If that is the case, then the panic selling of the newbies is caused by naiveness. Newbies decided to find ways to earn bitcoin even if they do not completely understand what they are doing. Their mistakes are maybe caused by the narrow knowledge they have. I am once a newbie and before I decided to do trading, I asked some other people first and do research. I have experienced failures but I don't dwell with it long since the time for improvement is long. Trading is not easy and if you have little knowledge about it you will always end up not earning.

Apparently, most of the newbies does not even have the single knowledge of what they are investing into and what they just want is profit and for them to get rich quickly in no time.

It is crazy thing and that is why the speed of the value of bitcoin in a short period was just a crazy one and I am not surprised that a lot of them would end up quickly cashing out of panic when they see the other side of profit happening to their funds.

Speculating about crash has always been the way of the media and some of the whales who are looking for those who can easily panic while they get back in at the point where they have been waiting to cash in more for profit. They believe that if someone is not losing somewhere, they are not going to be gaining anything and that has really made them to use this style in getting some weak hands off the market.

South Park

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Quote from: serjent05 on December 21, 2017, 08:47:37 PM

It seems the speculation had partially came true. Bitcoin goes down in price but not actually crashing since Bitcoin is still in a green if we make the first month of the year as its focal point. Anyway, it is always expected that if there is a sharp increase of price, the next thing to happen is a sudden fall, (correction or consolidation whatever they call it) will happen. but the good thing being not able to fully saturate the market capacity, bitcoin always comes back with a great rebound and even breaking its ATH.

Right now bitcoin is suffering a correction but in my mind that is natural, people needed to cash out and consolidate some of the profits they got so it is normal for this to happen, also this makes the pie more attractive for new buyers that are hoping to get in bitcoin.

serjent05

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It seems the speculation had partially came true. Bitcoin goes down in price but not actually crashing since Bitcoin is still in a green if we make the first month of the year as its focal point. Anyway, it is always expected that if there is a sharp increase of price, the next thing to happen is a sudden fall, (correction or consolidation whatever they call it) will happen. but the good thing being not able to fully saturate the market capacity, bitcoin always comes back with a great rebound and even breaking its ATH.

Victorycoin

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Quote from: cryptousher on December 04, 2017, 01:42:33 AM

Might be they want to buy at lower prices, people who just enetered might be wishing it. Even the same thought came to my mind Cheesy

Another possibility might be the correction thing everyone is stating and also fear from sell off by many investors who panics.

It turns out that is one of the wishes of some new comers and as selfish and narrow minded as that sounds, they fail to realize a crash in the price of Bitcoin would spell doom in the entire ecosystem. At any rate, that is just their day dream and a quick pointer is that, this is no longer 2013, and vast interests have sprung up across the globe and making the adoption unabated.

A clarification also becomes exigent here, because a number of people seem to be struggling with the differences that exist between a crash in price and a market correction, which can indeed be a pointer to half baked trading knowledge.

ssuchy

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Quote from: xPPx on December 21, 2017, 02:14:26 PM

This is a CORRECTION, not a crash. This is just a correction. Zoom out and look at the gains over the MONTH! If you're afraid, then you've probably invested too much. Bitcoin is always under attack, and always comes back stronger. HODL! Good luck!

for the whole previous year there were already many problems and panic around the beatcoin, but it survived and nothing bad could happen, because its popularity is growing, which means that demand is more and more.

xPPx

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This is a CORRECTION, not a crash. This is just a correction. Zoom out and look at the gains over the MONTH! If you're afraid, then you've probably invested too much. Bitcoin is always under attack, and always comes back stronger. HODL! Good luck!

South Park

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Quote from: BUK2016 on December 18, 2017, 05:51:06 PM

I don't blame most of the people that still believe bitcoin will crash soon because many of them don't even have an idea of what bitcoin really is or worth. Bitcoin is yet to reach its real value so, I wonder why some people with primitive knowledge will be making such comment about bitcoin crash on different occasion, well I think that is high time they wake up and see where we are today, bitcoin value is already above $18,5000.

Its real value is the one decided by the markets, sometimes we agree with the price and sometimes we do not but that is the way it works however it is obvious that bitcoin has not reached its maximum potential yet and that is why we are confident the price of bitcoin can go up even more.

EdenHazard

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Quote from: romero121 on December 21, 2017, 08:35:25 AM

This is the cause of FUD that's been spread around to promote some projects that are into existence based on the bitcoin technology. In specific my thinking is that the sudden growth of bitcoin cash is the one that makes people afraid about the growth of bitcoin. I have a strong belief that the price will grow high at the earliest before the year end.

it could be like that , i will just in bitcoin side no matter how much alt coin growth.

bitcoin will always have something bad like this before it get skyrocketed , so hold yourself from panic , don't sell your bitcoin as it will hard to earn bitcoin in the future , collect bitcoin as much as possible before it worth a lot of money in the future.

el kaka22

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Quote from: BlackPanda on December 17, 2017, 06:09:15 PM

Whatever may happen, we all can not know what will happen in the future. Moreover, the world of cryptocurrency is very easy to get various sentiments, both positive and negative. Perhaps those who think that Bitcoin will crash are those who have known Bitcoin for a long time because it is natural to happen. looking at the history then Bitcoin never reaches a stable price, there is always a change every time. So this is probably the basis for mentioning that Bitcoin will crash. I will be normal and not panic because the most important thing is we can maintain trust in Bitcoin because then Bitcoin will not be easy to attack negative issue. We all become decisive how Bitcoin moves and how Bitcoin can show its existence in the future.

Right and the truth is that in as much as we keep assuming, whatever would happen keeps end up happening anyway and why some may be speculating a crash and waiting to buy in at dips, then you won't be surprised that if the dip comes, they will still not see it as a good enough position to buy.

The most important thing is to see the future in what you are holding and expect that things would definitely get good for it while some are busy panicking.

blitz18

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Quote from: ha_ham_bk on December 21, 2017, 09:23:59 AM

Quote from: CryptoBry on December 03, 2017, 11:59:39 PM

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

I think btc price will be increase

Many people think of bitcoin to crash because of the price sudden to fall down. Yes it can possible that bitcoin can crash I think but if we think of the current price it will surely rise. Bitcoin has established to be strong already and hopes this will recover the price to boom.

ha_ham_bk

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Quote from: CryptoBry on December 03, 2017, 11:59:39 PM

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

I think btc price will be increase

romero121

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This is the cause of FUD that's been spread around to promote some projects that are into existence based on the bitcoin technology. In specific my thinking is that the sudden growth of bitcoin cash is the one that makes people afraid about the growth of bitcoin. I have a strong belief that the price will grow high at the earliest before the year end.

Supercrypt

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Quote from: speaktome on December 17, 2017, 09:02:21 PM

Quote from: BlackPanda on December 17, 2017, 06:09:15 PM

Whatever may happen, we all can not know what will happen in the future. Moreover, the world of cryptocurrency is very easy to get various sentiments, both positive and negative. Perhaps those who think that Bitcoin will crash are those who have known Bitcoin for a long time because it is natural to happen. looking at the history then Bitcoin never reaches a stable price, there is always a change every time. So this is probably the basis for mentioning that Bitcoin will crash. I will be normal and not panic because the most important thing is we can maintain trust in Bitcoin because then Bitcoin will not be easy to attack negative issue. We all become decisive how Bitcoin moves and how Bitcoin can show its existence in the future.

That's right,and perhaps what most fosters that feeling of crash may be due to fear because the price could come down at any time as has happened in previous years,and although it may not be that this will happen again in any way there will always be that latent fear.

Well, we just experienced some of it now and then we have ended up finding out by ourselves how so many of the naïve newbies have sold off by just listening to some FUDs created by those screaming that bitcoin should crash for their own benefit.

I always keep saying it that for any investor, as long as they are holding for the future, there is really no need to worry much and just let whatever happens to happen as long as it is something you can afford to lose and you know that in the long run, if you win, then you are made.

fasdorcas

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Quote from: vainhaver on December 16, 2017, 04:41:07 AM

Quote from: CryptoBry on December 03, 2017, 11:59:39 PM

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

massive crash is sign for weakness and bitcoin now have power to avoid any massive crash like that.

yes crash can happen but will be like Dump and Bump more than crash

People are out there who will buy at the fall of a hundred dollar prices this thing is quite helpful for bitcoin to avoid crash situations and people are now waiting for the single dump to fill their wallets because bitcoin importance will be very significant in future and I am sure only those will be happy in future who were known to the bitcoin and don’t pay attention toward the crash speculators they are late people and want to invest.

almightylarvas

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Quote from: CryptoBry on December 03, 2017, 11:59:39 PM

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

Because bitcoin may end up being a completely bubble later on time and we cannot predict the outcome of bitcoin.

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