Bitcoin Forum

Following the trends over the years, I have noticed bitcoin steadily rising (though with minimal fluctuations here and there). Recently, the price dropped sharply but since then, it is like it got angry, thereby increasing hugely each day.
Now to my question. I am actually thinking of purchasing some btc but still hoping there is possibility of the price dropping again so at least I can obtain more ( ;D pardon my greed). So, do you think there is still a possibility of it dropping in a huge manner in 2017?
Hopefully I am looling forward to getting something tangible from finance experts.

price will come down at some point but that is not called "crash" it will be a correction and it will not be big.

but nobody can tell you when that time will be! or what the final price is going to be.

look at the history of what has happened and try finding reasons for each of them. that can give you a pretty good picture of what you are dealing with.

and here is the iconic 1 in a million price topic: https://bitcointalk.org/index.php?topic=1790863.0

this is a simple picture I made 3 months ago from the past 2 and a half years of price rise.

https://i.imgur.com/9UZnkyJ.jpg

I do not think so...i think the price might retrace but bitcoin has being in a bullish trend this year so i think it will end strongly above $2000. But would not recommend to buy during a bullish trend rather wait for the dip and then buy.

In my opinion, there are may be some adjustment of the price, but not crash.

Risk remains, for example at the event of SEC again reject the BTC ETF, or hard fork topic came back again on the table, these are the moments price will go down.

However, there are also quite some positive news like development in Japan and Australia. Not mentioning the strong upward potential when top 3 Chinese exchanges will be back to work...

So if the number of transaction continue to increase and mainstream starts to accept BTC, the fundamental of up trend will remain there.

I think that bitcoin price will increase more soon crossing $2000.One month before,the crash in price occured due to BU and hard fork issues which were promoted by some persons like Roger ver to fill their pockets with altcoin pump.I think such issues will not come any more as people have realized the true potential of bitcoin.

Bitcoin will not crash again in 2017 after all it have proved in the past rise dump movements that bitcoin now got stronger resistance more than when 2013 crash happened so it won't happen again but still if it were to go down in price it would not be that big. This is just my speculation but bitcoin might reach 2000$ or maybe 3000$ this year if this current upward movement continues.

My guts tell me in 2015 ago when the flash crash happened down to below $300 to buy bitcoin as much as i can.
Unfortunately i did not breve enough to buy a lot of bitcoin , just spend a couple dollar to get around 6 bitcoin.
And sell it as soon as hit $700 , as really afraid the real crash could really coming. I was really wrong and regret on what i have did :(

I prefer to talk about corrections instead of crashes. If you're purely referring to a crash, then it's mostly something negative that takes the price down significantly, with a high probability of it resulting in a bear market not long after that. We've been through that already after the MtGox debacle. People that were active back then know how long it took to get over that period. That's luckily not something we have to worry about anymore. Sentiment is fantastic, demand is increasing, certain countries might follow Japan where they legalize Bitcoin, etc. Aside from a correction here and there, we're likely to continue this long term UP pattern.

Yeah I bought below 200 in 2015 in the golden opportunity. That was a miracle. I put a big chunk of my savings in BTC at that time and never sold. Feeling very grateful.

Some kind of drop should be expected after all of the gains recently. There are people that manipulate the price, so they will force a drop so they can buy cheap.

in 2017, i don't think so because usually we have only 1 crash per year and we already had that this year.
the one crash you saw was not the only one! each year there is some orchestrated scenario that causes a big panic sell and prices crash. this year it was ETF rejection followed by BU split and all the combined FUD caused the big dip.

last year it was Mike Hearn and some other stuff i forgot that caused a big dip and delayed reaching $600 last year the same thing around $200 and if you look at pages of 300+ in speculation board you see there have been same thing going on for years :D

we take a dive then start rising super fast and then small correction followed by stable price when everyone gets board then repeat.

The past isn't a guide to the future though!

It's hard to tell what is going to happen - if the blocksize thing gets going again, we might look at some people selling. Ditto advances in some of the alts.

I hope the price doesn't crash tbh, I don't want to see below $1000 ever again. I'm ready & poised to increase my stash if we do have a major correction though.

You can try to wish there will be another bad news for bitcoin in the future. But looks impossible in my mind. Every time the community will be being strong and strong.
Remember the latest news from Japan and AU, it makes sense to give another power to keep the price of bitcoin is stable on the highway.
The possible think for you to gain more bitcoin on another red candle. That likes betting on your dream.

Ab-so-lutely it will crash many times in the future. That is normal behavior for a free market.

Yes, I think there will be a crash in 2017. Or a deep correction. A bear market. Or like you want to call it.

The question is "when" and "at what price".

In the past, the real Bitcoin rallies - from the moment an old ATH was passed to the next prominent ATH before a crash - never lasted more than a few months, followed by a crash:

- 1st rally 2011: from 0,50 to 1.10: end of January to mid-february: ~2 weeks
- 2nd rally 2011: from 1.10 to 32: mid-April to early June: ~1,5 months
- 1st rally 2013: from 32 to 266: late February to early April = ~1,5 months
- 2nd rally 2013: from 266 to 1160: early November to early December = ~ 1 month

The last old ATH (~1350) was passed in early May, so we've some time still, but I think until July we will see a correction.

FUD is like a one time use thing. imagine a tissue ;)
you cant keep using the same thing over and over again to wipe! it loses its power. it is like saying "bitcoin is a ponzi scheme" surely that worked back in 2009 when it was early days but won't work now.

Hahahahaha first of all wtf? What crash? That flash crash/20% dip when the ETF was rejected? Omg. And secondly there can be as many crashes as there are hacks or issues so that is a really stupid way to think about the price of bitcoins. I'm a permabull too but even that is just so stupid and naive I can't believe someone would think it were true. Oh and let me guess, bitcoins doubled in price last year so they'll double in price every single year for the rest of our lives, right? Durp. Past performance does not equal future performance. Just like any stock broker will tell you :)

when does a fall become a crash? there'll be a bunch of falls to come. i don't know if they'll turn into crashes.

No we can't use the word crash for bitcoins anymore. The reasons are pretty obvious, the price increased by so much in just few days the reason for this is pretty simple now ever many people are interested in bitcoins now, so let's just say people sell their coins and price crashes there are surely many people who are waiting for a drop.

Maybe we call it a correction then?

Asking questions like this as a reference if you will buy coins will just lead you for so much doubt.

If you want to buy then go. As long as the word fluctuation is connected to bitcoin price, price crash is possible at any year. Even you seek from professional or expert they don't know what will happen. It's fine to read some suggestions and advices but believe me it will just give more doubt especially if you don't have knowledge of what they will say to you.

They will give you technical analysis, chart readings, speculations but I doubt you will read that because the important thing you want from them is their suggestion if you will buy or not with the current price rate.

no there is such a big differnce between crash and correction, correction is the need of market for the price adjustment, but for few pont, while crash some something difference in crash like situation the price of bitcon  continue decreasing nonstop and within few  hours it fell down more than 500 points.

By this time as said a correction needs to happen. The should not make a big difference in the price before and after, already the price has come down as we're getting closer to 15th day of the month. If something good takes place once again reach moon else the price downtrend will continue.

I think its too early to say that price is going to crash again this 2017. Although price fall down about less than $300 now. Price is still considerably high and for sure it will bounce back again like the usual.

Maybe it would bounce back but there is a possibility that it would not and maybe it will stabilize for a while on the price ranges it would still be nice though if this happens. Even if it will dump I think it would not be less than sub 1000$ since it might be the new floor for now and it might not be too. Bitcoin is unpredictable so I can't say for sure. For now let's hold and rebuy when it dumps.

its not crashing. its just going to adjust now and will soon be stable. those big guys probably had stopped playing the market and have collected their profit already. it does look like someone had managed to manipulate all coins to move swinging from positive to negative side in a day. some coins stands still on the uptrend like XRP and NEM  :D

It can happen or not. But i think probably price will crash again in 2017.Simply thinking i can be.

With the upcoming hardfork almost certainly going to destroy the entire ecosystem this is just a last hopeless attempt of the whales to make bitcoin look worth something. Dreams will be shattered soon when bitcoin forks and the whales will dump all they have.

It's hard to predict it because bitcoin is accelerating. It can be happen or not. Maybe it would be bounce back and maybe it will be stabilize the price. But it's not the word crashing. It will soon be stable for good. Probably, it will crash but again will rise. Crash, rise, crash, and and rise again.

it actually is a good guide for the future, but that is just it, past is only a guide not a prediction.

and i would love to see some more advances in alts, i always love more profit on bitcoins that i will continue hodling ;)


well i am naive and stupid! there is no reason to point finger and laugh :D

and i disagree whilst having my naiveté. past performance can be an indication of future performance, it is not equal to it and i didn't say that in my original comment either.
also the whole technical analysis is based on past performance, every single line that is drawn on charts is based on "past performances" and it is a guide

Hi!

I think there is always a possibility of price dropping but we cannot really say if the price will drop substantially unless you rely on data. It is in the accuracy of data that we predict uncertainties. Just be sure the data you have is well-researched, unbiased, and truthful in all aspects. Otherwise, careful studying of it will put you to naught. One way to ensure the data's reliability is to check its source, author, and date written. Always have an eye for details. Good luck!

Once again price crash won't happen with bitcoin, because during the last price drops soon the price grew again. This confirms that price growth is real and there is no fake volume to manipulate the price moves. Now too once after a unexpected price drop with respect to circulation had retained the price growing above $1800.

Yes, there are enough investors are backing bitcoin not to fall down as massive adoption is happening on every part of the world.

People do worry about repetition of what happened in 2013 after reaching ~$1200 levels from less than $200, but I am sure the major reason for that collapse was mtgox but now we are not depending on one single services for any bitcoin related activities, so there will be no possibilities of repeating of 2013 collapse scenarios.

But there are more possibilities of many corrections time to time but those should be made use for buying again and remember we are all heading $10k levels, believe it may happen within 2017 too !

Yes I think it also. Even its price decrease I can't say that it will crash this 2017 because I think increasing of bitcoin's price is not yet finish its just on the middle. Bitcoin's price is not yet finish to grow especially now because japan is now legalize the bitcoin in their country.

We can't predict any unusual dump/crash on price which can be triggered by anything like we have seen last time when bitfinex got hacked and hackers ran away with huge amount of bitcoin. But usual trends for bitcoin price will remain bullish so just buy during correction after every pump which was few days ago, price was corrected to 1650 USD after reaching $1850 and i think that $1650 was right price to grab few bitcoins before next bull run.

I don't considered it a crash. Its just a correction right now. You can't blame people on dumping their bitcoin because of a huge profit. This is ok. Nevertheless, still more people will grab this opportunity to buy more and expect the price to rise again in the future. More and more people are trusting bitcoin more than ever, so no crash but a correction only.

Till now bitcoin price is increasing steadily.It has been predicted that bullish trend will continue till year end.Bitcoin adoption is increasing.There may be a slight price correction and it would not affect the price much.BU and hard fork issues were previously created to dump bitcoin and earn huge profits by selling alts and rebuying cheaper bitcoins.

It will be happened but now it is nothing happening.
I think you are talking about recently price is going down and mostly people think that the time is come that bitcoin price take a turn of go back.
But i am happy to see, bitcoin again go up and its price now $1784.   

There will always be a crash every year but right now that crash should change the term into correction. The price of bitcoinxis becoming good and we will expect that there will be bigger price for the upcoming months just like what is coming out with the news.

Recovering from the dump and all secondary. First, tell me is there any reason behind it. BU has been moving forward to hype the bitcoin's potential. Therefore, bitcoin bump will continues for sure in this year.
As you are expecting the bitcoin to grow faster that will be happen for sure.

It seems that in 2017 bitcoin difficult to crash, as demand for bitcoin continues to increase. Yes, price correction is sure to happen. But only for a moment, because bitcoin I'm sure will continue to rise this year.

It will crash at the end of 2017. More specifically, the week of December 11th, 2017. A huge crash will crush the desperate hope of a few thousand btc users on this forum. January 2018 will see the greatest crash of ALL TIME. Get ready for a giant blood-bath.

i am sure bitcoin crash will be no more because is very much stronger currency now and still getting more power and a lot of people adopt bitcoin in huge amount for the future and i am sure bitcoin price will be reach to $3000 or $4000 at the mid of 2018.

I don't think price will crash this year of 2017, but we may encounter fluctuations that could make other investors to worry a lot for possible crash. For my observations for the price now it certainly shows good signs of price recovery in the future price decrease and it normally affects our daily decisions, particularly those holding bigger amounts of bitcoins in their wallets.

It is really hard to foresee a crash this time around like we used to see in the past is simply because there are valid big time investors in bitcoin this time around and they would not simply exit the coin hearing FUD reason and so is the reason i am really positive about it,we could see some minor corrections every now and then but nothing major .

Foresee the upcoming crashes before it happens is simply a hard task. In reality it is possible to predict the price moves to some extent, but can't make perfect predictions. Even a small drop is sometimes pointed as an crash, so let's hope in a better way that there won't be any crashes anymore in this year.

It's impossible to perfectly time your actions based on when a correction occurs. Main point of importance is that you (assuming you're a trader) need to cash out a certain portion of your profits from time to time. If the price happens to correct, you'll be able to buy back at lower levels. If the price happens to go up further, you'll be able to cash out at these levels as well. Just act wisely, that's more than enough. Especially with Bitcoin's volatile nature -- there are always ups and downs, use them!

As we know there always be a crash every time, It's all depends how you see if you see the average price in a month for this year and until now the price of bitcoin tends to increase.

Question is. Will you really read the comments  from those that you call financial experts.

For me, it wont be easy to make bitcoin fall now.
Yes before it did happen but why? Aint it because of lack of supporters and not much of people really know it.
It is way too different now. The number of users are bloating and they are not just ordinary users and investors, some of them do have a lot of money to invest.
It is going to be a hard fight before it breaks down.

Yes bitcoin is hard to foresee, and I do not want to see if bitcoin prices will crash again. I expect the bitcoin price can stable at $2000 in this year and will continue to increase in the following years.

Bitcoin is going very well and it is now a part of the world economy and there is no any problem occurring in the economy of bitcoin and the adoption rate is also increasing from the previous year and is increasing more in this year so it is not expected that a crash will happen but a golden era is going to happen.

Lucky on you but still i doubt you could survive until the end of bitcoin age to keep holding :D .
You will get tempted as soon as you see the bitcoin price keep skyrocketing.
That is the biggest challenge on holding bitcoin , you should have no access at all to your bitcoin.

I'm not sure about a crash, but it seems like a dip in price could happen. The price can't keep going up without some people wanting to sell for profit.

For me no,but maybe it can be adjust but not crash. I believe that the price is getting stable and higher and higher so it possible to crash again because many investors invest that's why people encourage to invest in bitcoin and the price is getting good. We cannot predict a bitcoin i know it getting increases. And i think the transaction is increase and i believe it will rise and continue to grow.

Well i think there is no chance that we will experience a huge dump or price drop since many good news happening with bitcoin this year.. if heard some drop of the price not a big one only $100+ that we can hear price drop..
Unless if we heard there are new trading site was hack this is will be a big news that can affect too much the value of bitcoin..
The speculation above in the picture can be happen if there is trading site was hack..

It seems to me that even such a news will not bring down the price of the bitcoins. I want to believe that bitcoin will not fall sharply any more. Adjustment is possible in -100-200 dollars.

As quoted the price might reach a adjustment in the price fall to a maximum of around $200. Also crash is common with bitcoin as well the virtual currency network. What needs to be done is that every user needs to be active to face anything, it might be a drop or increase.

I don't think a hacked huge bitcoin company could have a long term impact on bitcoin price.
Just look at chinese exchanges they have got a lot of trouble these days start from cannot make a withdrawal etc.
But bitcoin price remain on same level , even keep growing like no matter what.

Maybe the reason on why the bitcoins price didn't crash for now is due to unwithdraw deposits on their exchange and how could people dump in that while their money is been holded by those chinese exchange what you've mentioned. But for now we cannot see if this price would gonna dump nor gonna jump since at the first place price is pretty unpredictable and might the dump will be happen is theirs a serious case of bad incident of the year will spread out.

Yes the rate of the people adopting the Bitcoin is increasing day by day and it is good for the future of the Bitcoin because the high adoption rate and the demand will not let the prices come down more than the $1500. Whatever the hidden elements may be there involved in pushing the prices down will not be able to push it down than this.

Yes it surely affects the big investors more than the small investors or holders of the Bitcoin because they have more investment and for them a little pumps and jump means a lot. At the same time we can’t say anything about the crashing again of the market because it comes from somewhere nowhere.

Yes it needs to be understood that the bitcoin market can crash anytime regardless of all the security and all the other issues because of the fact that it is the most vulnerable currency. What makes me say it vulnerable is because of its decentralization feature, as all the other currencies the fiat are being backed by the governments while the Bitcoin is only supported by its users.

Unless something catastrophic happens there is no way that price of Bitcoin will crash. There is simply too much great news.

True, that bitcoin network is struggling, over 200.000 unconfirmed transaction is unprecedented, if that situation continue the memory pool will increase infinitely.

That is why I am sure that there is a plan forming up in the background, we will reach consensus very soon - most likely within next 3 months.

I dont think that the price of bitcoins would not crash at all .it will continue to grow ,and in the near future some people will grow up their income when the price of bitcoins would be more than $10k.

All things can happen, including an extreme bitcoin price reduction. Because in the scheme bitcoin is a digital currency that is very difficult to predict the movement. Sometimes the price of bitcoin can increase tremendously and there may be a decline in tomorrow so quickly.

It seems to me that every such thing happens and Bitcoin then rises sharply upwards, then falls sharply. Of course, having read the forecasts about the big course bitcoin, do not want any stressful situation on the market is a complicated thing