Why Some Speculating Bitcoin To Crash? - page 7.

tomahawk9

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Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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?

People have been speculating and saying that Bitcoin is going to crash for ages, nothing new here. Even when the price was getting closer to 10k, a lot of people kept saying that we needed sell our coins before the crash or something like how bitcoin supposedly 'bubble' will explode after the 10k. At the end of the day, it's just rubbish, people that want to destabilize the market by making some noise with FUD garbage.
And if people are expecting to see $3,000 as the price, then they better keep dreaming.
Bitcoin will not crash, and we won't see those low prices ever again.

Denker

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Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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?

Bitcoin is a beast and does whatever it wants. With some good and well coordinated FUD by major media outlets with some statements by big government officials I can assure you it is very easy to push the price to low 4 digits!
And if the big guys, banks govs wanna get in for cheap coins something like that should always be expected even if you think this is nonsense.
When it's about money, power and control expect the worst Bitcoin has to fight again. We as users will get tested many more times of we are true hodlers.
Furthermore I guess you meant China, as Japan is very very Bitcoin friendly and should be seen as role model for other nation states.

thecodebear

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Quote from: MalaLingam on December 04, 2017, 03:05:55 AM

A thread named "How to stop Bitcoin" might be interesting.

However, the upcoming futures will make it possible to short BTC, no?

No. it won't. They'll just be shorting the price, not actual BTC. Futures markets are entirely cash settled so there is no buying or selling of bitcoin through them, so no affect on price. Investors who try to short Bitcoin Futures are going to lose a lot of money!

Biphuy7eth

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Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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 they read bitcoin wrongly ,every one think big news will effect in bitcoin like what happen in the past but now bitcoin is stronger and will be more expensive ever.
Bitcoin market cap is bigger than most of them think and no one can control it or make price change when he buy sell it.
they want waek bitcoin that can be easy contrloed by them and that will never happen

AngelSky

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Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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?

Nope I do not think that bitcoin price will crashed and goes to cheap value again. That will never happen at all bro. Some stupid economists think that like all the stocks bitcoin also falls down at one peak time. But bitcoin is decentralized currency so no one will have control on it. If you invested in centralized currency like ethereum you may face the dump anytime without any reason but bitcoin is not like that. Because that is so secured than any altcoins that is reason it is always been top in the market. No one is own the patent of bitcoin so none of the illuminati groups can control on it like how they control on ethereum and other coins.

tokeweed

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Heh... They're prolly butthurt they didn't get in when they had the chance. It was right in front of them on 2014 - 2015. I used to tell all my friends to buy some, but for some reason they wanted to invest in something else like stocks in order to look good or smart or 'Wall-Street-like'. In other words, they're looking for approval.

Now they're asking me if it's still a good time to buy, I tell them: Nope. Lol. Grin

teilwalL05

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There are many Different reason why many are speculating this way and some just want the price to go down because they want to buy bitcoin in a cheaper price that is why they would always spread FUD in the community and would speculate a bitcoin crash or drop, but regarding this and some might want a suggestion from other speculators and some just want to be cautious in every investment that they do, we can never really know the real intentions of speculators but I think this is some of the facts on why they are doing it and their motive in spreading out the crash with bitcoin

hase0278

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Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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.

I think it is the other way around, USA is the one who banned bitcoin trading and holding, not Japan. I am certain that Japan would not follow USA's footsteps because it is a foolish move go ban btc despite the benefits it brigs.

Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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

Of course if bitcoin will be so low once it crash because you cannot call it a crash if it ain't low in price. If you don't believe that it can go as low as those figures think again. Looking back, btc price was only at below 800$ way back 2016 but look at it now. Since we haven't seen those price ranges in a while it is possible for bitcoin to go as low as 5,000$ or lower depending on the situation. They are predicting that way because they have seen a dump like that happened way back 2013 and it is possible for it to happen today but the chance is low.

MalaLingam

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A thread named "How to stop Bitcoin" might be interesting.

However, the upcoming futures will make it possible to short BTC, no?

TERA2

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Beacuse we've been here and seen it happen many times before. It goes up TOO FAST with too many daytraders. So when it finally drops it starts a snowball effect of everyone stopping out or being liquidated, the bears take over, the FUD starts, mom and pop get out, the EXCHANGES BREAK, bitcoin is dying. PANIC plunges it deep below wherever the mean has shifted to, which was way below the ATH to begin with. When you have a logaritmic scale gain, you have a logarithmic scale retracement. EVERY bitcoin increase has been followed by a momentary wipeout of nearly all gains. Even the little intermediary rallies have them. I personally welcome these as a chance to trade and increase the stash of coins. It would be boring if it only went one direction and I would not have increased my coin stash by 4,000%

cryptousher

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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.

Noore Najjar

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Quote from: CryptoBry on December 04, 2017, 12:59:39 AM

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?

Same time practically business sectors around the universe need aid gently certain to this year, the cryptocurrency bitcoin need Run through the top. During $11000 it need more than multiplied done worth not long from now alone, Furthermore it is hitting new highs Just about consistently. Yet hang on. Bitcoins themselves might a chance to be precise new, yet that sort of value activity may be thick, as of age. On truth, it may be beginning on look like An bubble, Furthermore that ought make settling on investors all around feel apprehensive. Also once that happens, the misfortunes could swell out in unforeseen approaches.

Indrawan77

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No, the crash is too low, it is very small chances that it can go into that low, unless something big happen like banning bitcoin in some country, there is a loop hole in the security or big exchanger run away, it is a bit dangerous if the price go down that low, it can cause trust issue for the investors

frmracc

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It's because 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.

CryptoBry

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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?

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