Bitcoin Forum

I think and I am predicting that a BIG CRASH is coming within the next 10 days. 

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

...

No one knows what will happen.  Experts in almost any field where predictions are made usually do no better than anyone else in guessing future price movements, for example.

Nonetheless, everyone should be prepared for a sharp fall in prices!  It is very normal for almost any volatile market, and of course is perfectly normal for Bitcoin.

Note that I sold some BTC (for platinum, providentmetals.com (http://providentmetals.com)), but I sold too soon ($2220)!  NO ONE can predict the future.

Still, if BTC reaches $2600, $2700, well OK, I'll buy gold then.  Have before, and can do it again.

Why is the big crash bound to happen?

Why in 10 days?

Why would be big enough to bring the price "to the ground", whateve that mean?
The experts probably don't know what Bitcoin is, so their opinion doesn't matter, because Bitcoin is a different kind of kind.

Also sometimes there are a few business that valuated as much as Bitcoin did recently. What was internet in the 1990's and what is today? What about the Apple shares? What about the electronics and the computer industry? Etc.

What I see is few people with bitcoin(1M to 3M at most) and a potential for several dozens of millions at least using Bitcoin in the future. Can't see nothing but big rises in the long term.

I think you are still newbie in the Bitcoin .
It seems that you know about the Bitcoin from one years , but here I would like to tell you that go in the year 2008 where the Bitcoin was 1btc = 3$ ( and goes down to 1$ also ) .
And then after from that time the value of one Bitcoin is 2500$ which is not a strange according to the history of increase in the price .
But i am also sure that it will crash but not big , may be 40-50$ not to go big , because everyone knows that Bitcoin is much stable and everyone knows that how to make money with Bitcoin and how much we need to wait until the price increase .
So in that case price will not much go down  and stability will exists in the price .

Even if there will be a big crash happening in 10 days, I still don't want to sell my bitcoin, (though I don't own that much). Yes, possibly it will crash but as it crashes, the only thing I'd do is BUY, not sell. I strongly believe that bitcoin still has a lot of potential and I can wait few more years to see that.

I'm also getting nervous with how high it is going. I mean we all want it to go high but the current rate of increase seem to good to be true. Can't blame people suspecting some other thing is going on. If it'll ever crash, how low do you think it would go down? I basically just got a few bits (not even a whole bitcoin) and if it's going to steeply go down anyway, then might as well convert it to fiat and use that to snag up cheaper coins later.

On a different topic, what happened to Poliniex? So this week, I finally mustered the to courage to go trading and I was surprised how fine it went for me. Things seem to be normal last night. When I woke up this morning, all the coins are in red.

I don't think you should be selling, but in saying that I think you should be buying tangible items who's value doesn't go up or down like a Yo-Yo.

Same as you, I only have a few bits of bitcoin. So, I am thinking we are on the same boat. But since you started trading, maybe you could just hold your bitcoin even if it crashes. Most probably when it happens, alt coins will then start to rise and it's your time to sell your alt coins. That way, you have increased your bitcoin.

The price of bitcoin now is really good to make profit but we cant predict whats going to happen in the future, there might really a big crash coming in btc but i doubt it will happen in the next 10 days. if you have no guts to face whats ahead selling your btc now is what you can do. i was tempted to sell my coins but i chose to wait and see what is the future of it.

This your post show that the world or people really has a very little knowledge on how assets work. Bitcoin doesn't  increase itself but people create values for it. Just like oil bump in eighty that makes many people millionaire is the same thing that is happening now to crypto currencies. For your information bitcoin will not clash within the next 10year as your prediction has no any technical and fundamental backup.

First and foremost we have to know why the price of bitcoins is soaring like that, after these facts are known can we predict whether a crash is coming.

There are lots of people saying ransomware has really affected the soaring price of bitcoin. In that case, if this illegal activity can be solved, can we say that the bitcoin price may start to drop?

But what kind of preparation should we do? Make fiat preparations to buy more if a sharp fall happens like what Mr. Crystal Ball said? What happened to all the permabull mindset? I thought it was BTC or bust no matter what.

If this is true, I want to buy shares in your crystal ball. ^smile^ You have to remember this technology is still relatively new and very disruptive in many areas. < remittance / point of sale / exchanges / traded as a commodity > So if one country starts to accept Bitcoin like Japan just did, the price will explode.

Mass adoption will have huge influences on the daily price. ^smile^

Probably you are right and probably you are wrong. Yes, bitcoin has grown so big in last few weeks but that doesn't mean that it will crash because no one knows the real reason behind this growth. Probably after wanna cry attack, people started to learn about bitcoin and this technology. Anything could be the reason.

Saving this topic so I can bump it in 10 days and laugh at OP's expense because we'll still be breaking ATH's every hour by them.

See you soon

There's a difference between what happened in 2013 and whats driving the price of Bitcoin to climb to what it is now. If you think about it since Japan started accepting Bitcoins, there's a demand from that country to buy Bitcoins and a few weeks from now Australia will start accepting Bitcoins which will also cause an increase of demand of Bitcoins. Back in 2013, there's not much positive news like that.

I do just have them in the exchange, I'm just monitoring the prices. If they'll pump up first before there is a btc plunge, maybe I'd still be able to sell them and then use the profits to buy some other alts.


I sure hope you'll be proven right. I was also thinking of selling because this increase is unnerving me. Maybe I'll just convert just the amount i would be needing for this month. If prices do fall, then I'd use that to buy instead.

In as much as your fear can be valid, I expect a more robust basis for arriving at that conclusion. The past is of no relevance to the future rather a basis for prediction which inmost cases wrong and also the adoption of bitcoin by the very relevant bodies has increased significantly from 2013 to start comparing the two. Even at that bitcoin has been able to break away from the dominance of one country as we have had in 2013.

Here is what I think; professionals can go and f**k themselves :D do they not know there are only 21M bitcoins and now only 16.3M in circulation?
This isn't just about the price but about what can you do with bitcoins and whether or not people worldwide will ever accept it as a currency.
Anyone wants to dump their coins are free to do so, lucky us to buy more and cheap.
Those pros are a bunch of idiots if you ask me, because they don't even know what a ponzi is, in a ponzi only a few profit most above all others but in bitcoin if you sell I buy and if I sell someone else will buy and so on, not a pyramid but more like a circle everyone will continue to back it up.

I think i agree with you that there is going to be a correction soon because simply this has just been way to crazy over the past few days to make this sustainable at all, but i don't think that it's going to be a huge crash.

The floor is pretty much set in stone at $1500 and that's the lowest we're going. I believe that we're not going to clear $2000 even.

When this correction comes I believe it's a great time to load up on cheap coins, if you are a long term holder. We may not see prices like this sub-2000 any time soon in the future... But right now, i'm getting some popcorn and ready to watch this action :P

I think what you are predicting may still be possible but not that high percentage of happening,bitcoij are being adopted by many big countries and making and launching more exchanges which pushes bitcoins price to get high so i think its almost imposible to drop

It was an entirely different situation back in 2013

Some clowns around here had been claiming basically the same, and they equaled Bitfinex with Mt.Gox on the account that the former had issues with fiat withdrawals. They even brought up an example of other exchanges (namely, Btc-e) where Bitcoin price was more than 100 dollars less than at Bitfinex a fortnight ago. Now we have the reverse situation, and prices at Btc-e are in fact higher than at Bitfinex. Apart from that, if Bitcoin enters the adoption spiral (and that's for real), its price may spiral up like that for very long time, so don't get surprised when you see your prophecy fail in the next 10 and still failing in 10×10 days

it's much more probable that we increase again than going in a direction predicted by an unknown member on bitcointalk, also you must be new here, pump like these happenend many times in bitcoin, just with less digit...


it's indeed different but if we made 10x in 2013, why we should not do it now with the current premise about regulation from japan and australia, and all the good thign happening about bitcoin? this a valid reason to think that there will be no dump

the thread started don't know what he is talking about, going from 1300 to 2500 is nothign extraordinary here, i think the train just strated

I will keep my bitcoin thanks.

Btc still has a lot of potential. I will wait till it skyrockets again

As I observe in the current status of market today no crash will happen its just btc is indemand right now no need to sell...

The possible case scenario will occur if all bitcoin holders will have the same idea like you do. What causes a rapid meltdown in bitcoins value is the panic selling of people who have less trust on bitcoin at all. Anyway if you do dump your coins many are going to catch your dump and thus a bubble at this point of time is impossible.

Well that's how these things happen. I guess the only good thing that will happen is that more people would be able to buy bitcoins as it's cheaper, assuming there are still people who trust it after the crash....

if this thing could happen i guess newcomer will be the one who will fall to this and shake for those who already watching and investing with btc if things happen like they will stay forward and let everything be settle as we knew that btc will bounce back and be much stronger, experience wise never sell when you are at loss.

You might be right about the crash happening sooner than most people here think it will. I am not that sure what price range the price will stop crashing at since the people that use Bitcoin like to panic whenever the price drops more than $20 or so.

The Willy Bot theory is what I like to have considered at a time like this, there might be a couple of bots running that allow people to purchase Bitcoin at a high price because of the Ransomware situation.

If you are a whale which have huge amount of money invested in bitcoin, I will trust your prediction a little bit.
I'm amazed too, bitcoin price skyrocket and surprised us but it no one could predict it precisely whether bitcoin could reach higher price or fall down, but not to the ground like you said obviously.
Bitcoin will drop back if :
1. Big whales cash out their investment (which still uncertain)
2. Big exchange get hack again
3. A country ban bitcoin
Current situation is unpredictable, but it seems the bull keep running until something stop it.

Well it depends if whales decided to dump many Bitcoin then it is possible, Another one is if people read this thread and if they believed this and many sold their bitcoin then that is another reason for a Big Crash. As for myself i don't care if there will be a Big Crash within 10 days because i know if ever that crash happen Bitcoin will rise again even more.

Ha! This made me laugh. The poster is a perfect example of a FUD-der and what he wrote is uneducated red-neck bullcrap.

Saving this post for 10 days from now. Bitcoin will still be moon-ing.

I'm not thinking about that there will be a big crash. Let's say that it is a normal market for bitcoin when the price is increasing, there would be a correction that will follow. But it won't be "big" crash as you are saying. And we really can't tell what is about to happen but if you are a bitcoin believer you will just go with the flow upwards.

You might be right, because what is happening is simply crazy, and the people who started the rush probably do not have control over it. Would still be good if the price would not fall too much, because that would damage Bitcoin image seriously...

Is there other info that supports such theory? It doesn't mean that if the price goes that high it will crash down like others, how about eth and ltc? They go skyrocket but it didn't crash down as others predicted, just look how the demand grows and you can see that price crashing down is definitely not possible. After selling it what happens to them is just losing profit as bitcoin still goes up, and they cannot blame you as you just stated your prediction about the price..

I remember some dude here had been preaching less than a year ago that Bitcoin wouldn't rise over 600 dollars per coin. He was asserting that people thinking otherwise were in denial, while in reality it was obviously him being completely delusional. Ultimately he had to lock his thread since people started mocking him with his "prophecies" and pointing a finger at him. Bitcoin may in fact crash, and many people (me included) are eagerly waiting for a major correction. That's basically why it may never come

So we might be waiting in vain

He might be right, he might be wrong, well, no one knows, but what we know is, the price is still increasing and it is still not stopping and we are having a great time riding the wave of bitcoin and we still hope it would continue. If the price crashes, I think it will be going back up again due to many people who will be investing to these digital currency

I do not think big crash will happen because continuous adoption by each and every country will helps to make bitcoin life much stronger and no doubt that value of bitcoin will continue to increase in the future.

I can't believe also that the price is seemingly fluctuating this high and fast. I'm expecting that there will be some down but I don't think it will that very low. It can recover immediately as people are starting to do panic buying as we are near to reach the supply limit very soon. So, today as long as they can afford, they are buying.

If the price drops 50% I would be exactly like last month, its not a problem for me

Even a expert in bitcoin will not sure that bitcoin will be crash on that day no one will tell what will be the fortune of bitcoin no one thinks also that bitcoin gonna crash if you read this on some blog that they saying bitcoin will crash on that day or this coming month they spreading hoax news and they're hater of bitcoin currency.

OMG, this just in! It also might NOT happen!!!!! Get your heads around that.  8)

No one knows.

The sudden surge in bitcoin price is actually scary and bitcoin price crashing may be inevitable, but it may just be a correction. And I do not think it will crash below the previous support level. So if the price falls, then you must buy in because we already had a taste on how high bitcoin price can be.

There is Japan new investors that are very interested into bitcoin, that fact is affecting the price a lot, people found at bitcoin an amazing source of income, sure the price is very high, i never imagined btc above 1300, were expecting it to come with the 2020 halving, the only thing that will make bitcoin loose its value will be the split, and it might last a few days to recover, but is looking that bitcoin dont wanna go down anymore, and next goal is the 3000 dollars, but at crypto you have no sure of nothing, a dump can happen as well back to 1000 dollars.

This is just your opinion and it based only on 2013 year and bull's constant growth. This post should be post in speculation thread. I am sure that we can expect from bitcoin whatever. Even in the case of new big drop the price will raise again se we don't need to panic.

There are also some correction that happened. Its that it came and we didn't notice. I agree there will be another correction but I don't think if will have impact the price of bitcoin because historically, it shows that bitcoin can quickly recover from any price dip. And I think if there is a crash, it could have happened when we broke the $2000 barrier. So I think investors now are really bag holding bitcoin because they know that selling means a miss opportunity to profit huge.

Interesting, you know what you have just written!
You are inducing people to sell our their bitcoin before price could fall. Do you really know how price fall? It is when people largely sell off their Bitcoins. So if we consider this situation, you are saying people to escape consequences by selling Bitcoins which itself contribute to that consequences !!
Presently Bitcoin is rising because people showing their support for Bitcoin all over the world. Indian wallet company, Zebpay has to impose the limit of $800 for everyone because everyone just wanna buy as many Bitcoins as they can. Indian prices have surge to $3300+, this time it is not 2013. This time it is real adoption which means real power to Bitcoin. 

It's abnormal for me either to see bitcoin's value gone so far.
For some reason about bitcoin enhancement , it's logical since bitcoin market try to adjust let say Japanese's demand for transaction sector.
They legalize bitcoin on 1 Apr 2017 and I'm also read that India & Rusia will follow Japanese's track
   
 

Supply / demand - it's always this simple at the end of the day and the market wants what the market wants

anything is possible imo, it could still skyrocket the next 30days to lets say $6000 then crash back to $3000, the demand is getting bigger and bigger
we'll never know until it happens ;)

read a article on gdp earlier saying japan is trying to use bitcoin to devalue there yen so they can loan more money in the future.
would explain the extreme rise and why the japanese exchanges are like 300-400 dollar price ahead
im holding till 9600

Right. It's more look like provocation, not as warning. This is just speculation based on "I just think so and that's it".
Actually the drop in the price is possible next month after Chinese government will allow people to withdraw their bitcoins again. But today no one can say 100% when will it happen and will it happen at all.

pop goes the bubble - WOW almost $2700 - back to $2100  - what next

I went back now at $2,365 so that will possibly a correction. And op's prediction did happened but it's not completely a crash I don't think it will fall lower. It will be good and stable at the border line of $2,000+. So be ready folks bitcoin is ready to pump again wait for those whales to buy some now after getting some profit.

Yes, I am also seeing it as correction as I am not finding any negative news which affects bitcoin ecosystem. When big whales do book profits, we can see such big swings and it might be happening right now. But we never need to get panic as long as volume is not supporting these corrections.

In next 10 days, I am expecting bitcoin prices to reach $5000 levels, but some people are FUDing based on above mentioned few time to time corrections.

Wouldn't surprise me.   OP is right, nothing gains this much in value this quickly and stays there for long.  I also think we're due for a correction or crash or whatever you want to call it.   This market we're seeing is nuttier than a fruitcake.   I'm still wondering where all this money is flowing in from.

It was bound to happen someday after that huge spike but its not that bad because bitcoin is bound to rise again and even further nothing has stopped so far and i'd love to believe that nothing will

It's possibly from WannaCry, some sort of virus that encrypts all your files and demands 100$ in BTC to get them decrypted. It was patched recently and as a result a 2.0 version came out but I doubt that it will be enough to support the huge increase in price though

Current values are almost completely based on overblown expectations and speculation games: number of coins in circulation and trade levels are actually pretty pathetic and way out of sync with this abnormal surge in price. It's not so much about the increased demand for btcs, but more about the the fact that big hodlers (hodling has become almost like sort of religion nowadays) are creating artificial shortage. At the end, what we get is unsustainable, unhealthy growth based on thin air and not much else. Bitcoin simply does not worth this much at this point in its evolution. That's why this was the first time in the past 6 years that I've dumped majority (2/3) of my btc stash, all in the past 24 hours: my gut feeling tells me this isn't going to end well.

All in all, the big crash is quite believable scenario unfortunately. If that happens, recovery will be long and painful. Bubbles are incredibly damaging to bitcoin.

I think the current scenario and 2013 scenario are very different.  During 2013 bubble, bitcoin do not have reason to increase.  It is all hype and pump that is why when whales decided to cash out, the price crash.  Today is different since there is an actual reason why bitcoin price should rise.  Adoption and acceptance of country for bitcoin as money is one thing that pushes bitcoin price.

Of course the price of bitcoin can not grow forever. Sooner or later the price will go down. Now bitcoin could cause the collapse of the world economy. Who will buy shares of companies with a yield of 2-5% per year if bitcoin gives 100% in a month. But until expectations are high, the price of bitcoin will be on the rise.

And yes, after reaching $2700 price, it dump, but these is the rime where investors must buy bitcoins before it completely rose up. Bitcoin may not dump for a while after this one.

I believe with this all the time base on my observation with bitcoin's fluctuation. There will be some falling on it's price and it's very essential to balance the market of bitcoin. But yes, after this there will be an expected rise that can reach another higher price. Bitcoin is set to that type of price fluctuation so don't get upset.

What you are expecting was done today itself after Bitcoin touched $3000+ and then crashed to $2500 level and it is taking support if it moves up from here then we can expect another milestone within some days.

Bitcoin does not have reason to increase its value this much today either. There has been what was perceived as great news in 2013 too, but it turned out to be nothing more than speculation and wishful thinking. It's the same today: we're getting positive vibes from here and there, this might happen and that could happen, but nothing substantially important happened to justify this crazy run. As you said, it is a hype. Again.

No asset can increase its prices the way bitcoin is doing?

What about microsoft stock?(1500% in 3 years):

http://farm3.static.flickr.com/2277/2718861971_96159d41ff_o.png

There are many examples of assets, stocks & commodities having massive price fluctuations similar to bitcoin.

No one can say if the bitcoin crash  in the next ten days. Because even the price is too high many investor are interested to invest bitcoin so the price is continously increasing. Many people afraid because the price of bitcoin is very high because after that we have big crash and they said they have possible bitcoin dead or big crashing but I think even bitcoin big crash coming I believe it will recover again because many investor will invest in bitcoin because the price is very cheap and if they wait the price again they gain a lot of profit because they bought a lot of bitcoin. But everything is possible to happne in this online wolrd.

I think you're thinking like a traditional economist. Bitcoin is not regulated by anyone. It is simply regulated by the market. I think he should drop a little, take a breath and then rise again. Warren buffett did not believe in bitcoin a few years ago and see what it got.

It is possible to crash if the user is not adding, but now the user is keep on increasing and the one that own bitcoin is adding the investment in bitcoin, so if it is crash it will not fall down quickly,so it is still safe to invest in bitcoin and there is a possibility that it will not go down eventhough the price already up so high if the demands is still high

This is a very popular case when it comes to bitcoin. We are witnessing on how the price fluctuation of bitcoins price from up to down. And we know the next thing what will happen since we saw the price did increased well. There will be some increase to the demand as the price is reachable now and good chance for buyers.

I still regret that i sold my bitcoins last year.
I`m a total loser and i always sell my bitcoins at the wrong time.
Good luck, if your have such patience OP.

Nope. It doesnt need any fundamental reason for it to keep increasing. Ethereum and the others have shown us that indeed its possible for a coin thats not used for transactions or whatever can go up tremendously from hype and by pumping. BTC has a fundamental reason to go up, but it doesnt mean its not being pumped.

even if there is possible to crash, many people don't want the big crash is happen and i think big player will prevent this and many people still predicting that bitcoin price is going to increase more but with correction price before to go up. but i wonder and curious what will happen in next 10 days from now and i hope the price is not getting crash and not down too deep.

It seems this is said every few days about the BTC, just ride the ups and downs and keep holding.

There are a number of things that can happen. 1) Price will continue to go up. 2) Price will crash back to a level somewhere between 1400-2000 Dollars. 3) Price will appear to crash to 1400-2000 Dollars but simply dives a few hundred and goes back up. 4) Price will go down in waves, similar to the way it increased before. Number 4 is my favorite and particularly painful if you sold at or near the highest price yesterday, bought back today thinking you are a genius but find the price to be a hundred lower tomorrow. Tomorrow, you will buy some more (it's so cheap!) and price plummets by another hundred the next day. Although usually number 3 happens, scenario 4 has happened before and fucked everyone up, but a few very large players.

I really don't understand why you think there would be a crash. The blockchain technology is just starting to come into being. This tech will help form the new decentralized world.

the first crash occurred 12 hours ago and bitcoin just fall from $2900 to $2100. We exepct that there will be another one

Applying to the new adopters of Bitcoin, the current exchange rate is just data. They don’t value the exchange rate from a historic perspective, maybe just the old school does! I think a significant part of Bitcoin-demand is caused bij new adopters. The supply is caused by early adopters, if they are rational, there will be no real crash, exchange rates will continue to increase. Of course some will take their (maybe big) profits, but this wil lead to a redistribution and  shattering of Bitcoin, this is good for a sunny Bitcoin-future.

I think the crash that you are saying is just a price correction and it will be just a small change in the price and for sure it will pump again and have a price surge again up to $5,000 this year because a lot of adoption are happening and a lot of people now are being greedy in bitcoin and they don't like to miss out the train so they are panicking to buy a lot of bitcoins so there is no doubt that crash will be just a small issue.

without bad news very dificult bitcoin price crash can big down price

3 years is pretty long in Bitcoin terms

But I have a better example of something which is more material than both Bitcoin and Microsoft shares taken together or even multiplied by each other. I refer to silver and its dramatic rise and no less dramatic fall just a few years ago. In 2011 it started rising and rose within a few months from around 15 dollars per ounce up to almost 50 dollars (i.e. more than 3 times). And then quite naturally silver crashed since that was no more than severe market manipulation (trading rules had been changed after that)

http://s018.radikal.ru/i523/1705/e9/5b42af4902ba.png

Even more extreme was silver price manipulation by the Hunt brothers in 1980

Despite major accidents in the next 10 days, I still believe bitcoin will continue to climb from previous years. Many people do not understand what bitcoin is. Many researchers think bitcoin will someday ride more than this price. I will not sell bitcoin in 1 or 2 years to come. And I want to see bitcoin growing and the world will enjoy the bitcoin currency.

I believe that too, I don't have plans of selling it yet, It may be risky but I believe that btc can still be high at it can be.

We are already seeing the first signs of this in altcoins, and I think most of them are going to crash. But regading Bitcoin, I don't know... it's not like in 2013 anymore, when there were a bunch of speculators and the market was dominated by Mt. Gox. We are witnessing something more globalized here, and it is difficult to predict where this might lead us.

OP seems quite right at the moment. A big correction is underway. I think bitcoin will be 1000-1500$ bitcoin in a few days.

But this can also be seen as a buying opportunity. Bitcoin has been going too high, too fast. A correction is needed.

What happened early today is not the big crash that OP is saying that in 10 days will happen. There was a big drop yes not the kind of drop that stayed there for quite some time. If you notice, price of Bitcoin recovered after a few hours. There were news circulating today that says something about market adjustment but for me its one of those opportunity to buy some more and hold again. Selling and panicking about the sudden drop of Bitcoin will not help the price of Bitcoin to recover.

No, a correction already happened and it is already week end in Asia and Europe hence you cannot expect another rally till next week. If prices will fall up to $1000/$1500 that must be a big crash as that may lead to losing more than 50% from peak levels. I guess that will not be happening as there is no bad news are happening in bitcoin economics.

I understand that may not be a permanent increase in the price of bitcoin, but it seems to me that the market is now warmed by the expectation of growth and in such conditions can not be drop. As for a rollback it happens all the time. A sharp jump and then a small pullback. I'm sure that bitcoin will reach $ 3,000.

Bitcoin will surely hit $3000 soon, but maybe there will be another dump before and that is a bit obvious as it's impossible to have a huge pump without corrections next. It's not a big crash, but it can bother you if you want to buy and sell soon, on long term it's safe as always. For me there is still an incognite if the price will fall a bit more or if it will increase until $3000.

What big thing will happen within 10 days? I don't really understand it, I myself still newbie and don't yet understand in detail the big things that concern bitcoin
Thanks

Exactly so we advise all propagandist to desist from their usual badmouthing of Bitcoin and let our cryptocurrency grow. I don't know why they occasionally find their voices but this time around we will not sit down and watch them talk ill against Bitcoin.

A ponzi is one person or business that takes funds, shows people fake results and then pays out the interest to people using new people's money. Bitcoins you can cash out at any point. If you're stupid enough to think it's a ponzi then why are you even registered at bitcointalk? Maybe try a google search first. I didn't read past this point. Your arguments are null and void. Not an opinion (like your wild guess) but fact.

This correction is taking too long. Hoping that it will end very soon as I want to see a new price increase. There are just people that just can't control their feeling and they are trying not to miss out some profits because they think that the price will not increase soon. But well, this is maybe the crash that OP is telling.

maybe he mean that within 10 days, the price will be fall into deep and we are going to see the lower price like before and we are getting hard to see the highest price like now. but i am waiting for what will happen within 10 days like the OP said and i hope the price is not going down too deep. but i think the OP is right, because with the price now, only rich people that can bought bitcoin with their money, and the other only can bought bitcoin part by part and its too expensive to buy a whole of bitcoin.

I think a lot of people are underestimating what OP is talking about.
Bitcoin took a pretty big hit today, losing what is now $500 over the course of 36 hours, and China still has yet to wake up and get into the market, so we might see the plummet continue or we may see whales buy it all up.
The fact of the matter is that the market is unstable right now, might go below $2000 if it gets really bad, and might experience more troubles for a while. I was waiting for an event like this and it seems very likely it will get worse from here if people don't start buying.
There is a limit to how positive someone can be about this.

That is only a rumor which some people want to spread in order to reduce the price of bitcoin as they are sure that the price will continue to increase but for a while they want to decrease the price and want to buy them at lower price and then prepare themselves for another pump in the price of bitcoin.

There was not many news articles that was an important cause for the price to rise. Other than the "Price of Bitcoin reaches $2,000" articles there was no special reason why the price of Bitcoin reached this high. Since the people decided that the easiest method of getting Bitcoin is through Bitcoin Exchanges like Coinbase, Kraken, Bitstamp, etc the promotion of the RansomWare thing allowed Bitcoin's value increase more known to the people that may have heard a little about Bitcoin before.

There is a dumping situation that is going on and i think the past big dump is possible to be repeated for this moment because a lot of people now are panicking and they are all selling their bitcoin to be safe from the possible more dumps to happen. The price of bitcoin i think will go back up to $1,500 and it is better to just secure your profits now before you regret.

If only I have considered that a crash will be coming I should have converted my bitcoins to fiat currency when it was very high. The author was also wrong since he told us that it will happen in ten days time but it happened much earlier than expected. But I don intend to blame myself instead I will just hoard my bitcoin in my wallet and wait for the proper time to convert it to fiat currency.

Op was right about his prediction may be Op is a huge investor too, but i dont sell anything because i still get 310% of profit. i will sell only if bitcoin down at $500.

@Idrisu,

"....For your information bitcoin will not clash within the next 10year as your prediction has no any technical and fundamental backup."

☞In as much i do not believe completely with the above post (that bitcoin will crash within 10 days). Also, there no technical & fundamental proof about the recent changes in exchange rate of btc!

Sometime's, we can predict & speculate but, this does not that such changes occur due to our prediction. It does not depend on our prediction(s). somehow, the increase and decrease are natural occurence which can sometime(s) be affected by natural & human factor's

☞for instance, anyone who is 100% sure that the price will drop below $500 will sell part if, not all of his/her coin. and anyone who believes that the exchange rate could reach $5,000 per btc will hold and possibly buy more!

Thanks

No one knows when wil be the big crash happen. We know that bitcoins price is falling but we are not sure if it will continue.
However, like I say it is unpredictable so we need to be prepared for that.

What about now? BTC is under $2000 and its showing signs that it will continue going down. If this isnt a crash, what would you call it then? A 50% correction from the peak?

Did you read the thread title?

It it just above your post and it reads that Bitcoin crash is coming within 10 days. Within means a period of time, not a certain date or a certain day. In fact, the price started to plummet right after the OP pushed the Post button. He probably pushed the Sell button soon thereafter as well. That said, we cannot yet make any definitive conclusion. I understand that many folks are now fear-ridden and panic-stricken but what we see may just be another flash crash, like those that happened in January earlier this year. Back then the price also went down a few hundred dollars (almost as much in relative terms as now), and then Bitcoin stroke back and with a vengeance at that

And just like after SEC rejected the ETF application in March. It continues to plummet indeed as I'm writing. Maybe some are now cashing it in. We don't know. But just like before, bitcoin will recover soon and see the price going to the moon again as others want to see. This is just another roadblock and its unavoidable.

With the decline in market prices such as this feared bitcoin can be rivaled by the price of gold, Bitcoin investors are likely to turn to gold.
But we all certainly expect a stable value, Which certainly did not feel the loss because it has bought bitcoin at a high price so now it is experiencing a very low decline.

I agree that nowadays price is very high in a small period but I cannot follow you and I find it wrong to claim that bitcoin is like a ponzi scheme and everything shines is not gold and so on, because bitcoin is digital gold. Moreover speaking about 2013 we can't take safe results when we have to deal with the first time crypto currency.

Yes its possible from 2800$ now bitcoin crashing down to 2000$ and i guess still going down. Bitcoin rise up but now the is so fast to going down. For 10 days bitcoin goes down down till 1000$.

One thing I noticed is that ETH and BTC followed almost the same spikes/dips during the last week. Why are they mimicking each other ? I think one reason could be that price corrections over the last 1 week have been caused by few "whales" and these whales performed the same buy/sell volume operations for their ETH/BTC portfolios.

The OP was not wrong by stating "Possible big Crash coming within 10 days" since he posted this thread a couple of days ago. The price did go on a downtrend within the 10 day period, he did not state that the dump was going to happen in exactly 10 days, I think that you've read it wrong or something. This thread is not clickbait because it's mainly speculative and the OP was pretty much on point with the outcome he chose.

The dump were expected, even knowing some markets are close due to weekend, soo now the question is will bitcoin go down under 2000 dollars, or it will fly again and reach the 3000 dollars and build support to remain there, remember all next halving will happen at 2020 3 years and we will see bitcoin at 5000 dollars, looks magic.

That's the stupidest thing I've ever heard. You'll sell at a LOW point? Are you durping too hard right now or what? I'll buy your bitcoins right now @$500 a piece so you don't have to worry about selling them if they drop that low. Deal?

Do you have any signs to show that this big crash is actually coming, you can't base your speculations on what happened in the past, it doesn't work that way. Show facts that it's going to happen rather than frighten people.

The worst thing for any market is to panic. It always had speculators. If you do not respond then save your money. The more that your bitcoins are not the only means of existence. Forget about them for a while and you will be rewarded for your patience, and speculators will receive a loss and no longer provoke panic.

Isn't the 750$ price correction not enough to be considered a crash? Right now a correction with that price range which is 30% of its value from 2750 can be considered a crash. You are right about Bitcoin not having assets and investments but you are forgetting is that it is a currency and the main price driver of a currency is demand. Yes Fiat Currency has their country's economy to back them up but Cryptocurrency is different they can be manipulated by big players and mainly how strong the buy side or sell side would be.

Everyone is always predicting crashes at any moment in time with bitcoin, I think OP got lucky. Regardless anything that goes up so fast will crash at some point but I think in percentage terms this isn't really a big crash but rather a mild/regular one.

The author of this thread also posted this in May in another one of his/her threads:


Very interesting posts if you're interested in profiling. Also interesting from the point of view of how the ordinary person might deal with crypto.

Just dumb luck on his/her part, but the average Joe is often graced with dumb luck. Maybe we should focus more on BTC at $500,000!  :o

Guess who was wrong :D

Price fluctuations and the increased volatility is common with the cryptocurrency as well the bitcoin. So no matter whatever is happening around with the price, till the technology is widely spread and the price gets retained. Panic is a major problem that makes a collapse in the entire network. Based on this I hope it's good to hold rather than selling.

Exactly but I don't know why people lookout for a small dip in bitcoin prices to spew out lies? It's normal with Bitcoin if you've been into it for at least a year or more. Prices go up and down with the way it is decentralized and solely depends on the demand and supply on the market and anybody with this prior knowledge wouldn't fret over this sudden dip.

Yes this is the nature of crypto's not only bitcoin. Maybe the OP really see the crash is coming based on his technical analysis or just being lucky on his bold prediction. Nevertheless, it happened now and the best thing to do is hold or buy bitcoin again and keep it for long term.

Yes, I agree that price was ridiculously increasing and a dump was soon to come. But I feel it have already happened. Bitcoin did reach $1900 and I would say that was the limit. Due to the less price there is an increase in buying activity. So, price is most likely to go up now. As for now bitcoin will keep on fluctuating between $1900-$2300.

I absolutely agree, selling now is crazy. Many people were hoping bitcoin would fall a bit from that $2,800 to have the opportunity to buy it cheaper and now they have that opportunity. It's time to buy/hold, but definitely not to sell.

It's too early to tell, really

Let's see how Bitcoin price will behave in the next few days (as per OP, we have some time). If the price rebounds to 2,500 dollars per coin (and that wouldn't be a "dead cat bounce"), then what we saw could only count as a correction, or a flash crash at most. If the price would continue to spiral down to lower 1000's (which is quite possible, 1,200 dollars is my guess), that would be a genuine crash, and we should refer to the OP as the "Oracle of Bitcoin"


Ten days are not over yet

since the price raising rapidly indeed i fear this situations will happened and apparently OP predictions was correct that first crash already happening today but if we see another decreasing price for next 10 days i'm pretty sure most of the traders will experience huge loss

Big crash or a correction? Because the latter is happening.

There is no asset in there world like bitcoin. I am not sure whether normal laws of investing or market evaluation can be 100% used to assess bitcoin position.
I am tired of people who call bitcoin Ponzi scheme, they can't really understand what bitcoin or Ponzi scheme really is.
Newbies or haters don't know what are the evaluation criteria for investment to be called a Ponzi.

That is true and just within 2 days of this post, we can see the crash started to show up. However, this crash is well expected for the investors, because whenever a huge price hike happens, a crash follow suit soon. That's the part of the game.

However, even if it crashes, the price won't go below 1500 USD this time. The amount of investment bitcoin has received during last few days, it will keep the bitcoin price higher than the last bottom price 1300 USD. Let's hope for the best.

Seems like OP was right indeed prices are dropping really quick now I wonder when the train will stop

And what are the "evaluation criteria" according to which Bitcoin is not a pyramidal scheme?

You have 10 days within which you should provide a simple and coherent explanation why Bitcoin is not such a scheme. But please don't say that fiat is also a sort of Ponzi or that trash since we are talking about Bitcoin and Bitcoin only. If we exclude using Bitcoin as a means of payment (which is negligible, anyway), Bitcoin is essentially a "tulipomania" with the difference being that tulips had been material and could actually be used for something other than speculation

Seems that I was right, lets wait a few more days and I will give a next coment on what I think and I will predict will happend with BTC.

Tomorrow monday will be an important date that determine the price on BTC on the short term.

Probably we had faced a strong correction, hopefully from this point bitcoin may continue its rarlly again. Honestly I could not find the any valid reasons for this correction. Traders and investors are just getting panic to dump their bitcoins which leads to more than $1000 correction.

I still believe this correction is usual part of any rarlly and hopefully bitcoin will bounce back to new ATH at any time as people are finding this correction as another buying opportunities. I am still confident we are heading toward $10k price levels by end of this year.

I think the dump was so big because of all the new noobs that panic faster than anyone else.

It is normal for a newbie in bitcoin trading to panic sell.  Emotion often engulf them, ignoring the fact that what happen is just price fluctuation or someone with big stash cashing out and the price will recover eventually.  I do not believe this is some kind of correction.  There is a big whale dumping his stash and sheeps follows.  Then this big whale is catching cheaper bitcoin from this sheeps.  This is just another set of accumulation before the next push of bitcoin price.  Remember smart contract is coming to bitcoin, then the consensus on scaling issue next.  And I forgot to say Australia will be accepting bitcoin as money on July.  This is all good news.

That's a big lie, it's actually picking up again and might stabilize at some point soon, these are all attacks on newbies and the faint hearted to panic and sell but all those behind the doom predictions will be proven wrong again by Bitcoin in no time.

Well, your reasoning has baffled me somewhat

So the very fact that the price has been rising like it was the last day of Pompeii is not a valid and plausible reason in and of itself, according to you? As I see it, gaining a thousand dollars within a period of a few days is not something which usually ends up with consolidation. It had been only a matter of time and price until everyone reached out and hit the Sell button. Anyway, 2,000 dollars is still a pretty nice price, and if Bitcoin successfully consolidates at that level, then more power to it

It seems that Bitcoin is recovering from the last drop, but altcoins are not doing very well, and I think this wasn't even the real test.

I think the big crash already happened. This should be more than enough. People would be insane if they believe bitcoin drops back to hundreds.

I think the guy is just trollin’. He either purchased Bitcoin when the price was at $500 or he purchased the coin at a lower rate than $500 because he is at +310% profit. It also looks like he’s pretty optimistic about the price and does not plan on dumping it period. Personally, I think that the coin is under a whole lot of stress and the people that held the coin plan on dumping it once they read the news about it through the media, I would just dump it.

Who knows, he might be right about the price recovering.

I do not think the guys is trolling, rather i got a hidden message of holding, since it is impossible for bitcoin to reach $500 right, that is why he is saying that he will sell his holdings at that price.  It is some kind of reverse psychology.

after few days since you posted here, price below $2000.


Yes it's really crazy. But i guess if people around the world still believe with bitcoin and look into future so bitcoin price can hit to $2700 again

Hoping to rich it by that amount again, I regreted it before when I didnt convert it by that time,but I know soon it will grow again so I will just keep it for long.

You think that the people stopped believing in bitcoin because there was a small correction,everyone was expecting this correction for a very long time and glad that it happened now,i had my losses with alt coin with this correction but i converted everything to bitcoin and i am confident to hold all my coins in bitcoin because i know the price will recover later this year.
@OP good prediction by the way.

Just keep holding your bitcoin for long and the current price now is a good buying opportunity for me because the price just got dumped and it seems that it is currently going up again to regain its losses from the fast dump. If you have a lot of bitcoins already then you just need to keep them for at least until next year so you cannot miss the possible pump.

many people does the same and regretting later, do the math guys  ::) there's no eternal high price, the price just go down eventually when people feel that the price is high enough and be ready to sell their damn btc  ::)

any commodity or stock is meant to swing after a good raise , but for BTC i dont think there is a crash , it may come down little but it recovers soon

I dont think bitcoin crash  within 10 days even yesterday the price will go down at $2000 but it will back again at $2200 and I think it will reciver again because many people wants to invest in bitcoin because they see the price dump so they wanted to buy more bitcoin . I hope the pruce will not crash or dump. I hope the price becone brighter and brighter and I hope the pricr will continously increasing so everyone here in bitcoin world will earn a lot of money.

I keep holding，It will reach a higher price。

Bitcoin price today is 2188. What does he mean crash? Crash the network? I don see and read any news that network bitcoin will crash in 10 days. If it happened, there will be no confirmation. Few days ago there are thousands unconfirmed transaction bitcoin price still increase? Bitcoin touch 2000 only few hours than climb up slowly.

Its going above $2000 again and maybe its beginning to go back to normal. Was the rise of all the cryptocurrencies partly because of Consensus 2017? I noticed they all went down after the convention.

Take notice that the price of 1 BTC is over $2,800 on Korean exchnges. And there's one exchange, I think it's South African, luno, where the price is $2,890. And I think those people know what they are doing, everyone would rather sell their coins to them and thus they will have a lot of coins which will increase in value in the future.

Yeah, these people certainly know what they are doing

But that may be not what you think they are actually doing. When you see such a huge price discrepancy between the price at a certain exchange and the average price across the market, there is always some reason for that. Most likely, you can't withdraw fiat from them, or the withdrawal commissions are simply insane. Otherwise arbitrageurs would quickly jump at this profit opportunity and they would quickly level off the price with "the rest of the world"

You cant predict what will happen on the next ten days., your only trolling those newbies to sell thier bitcoins to create panic selling. But those who believes that bitcoin will reached 3000$ by next month are lucky.

The crash will come and go in the world of bitcoin. What matters is bitcoin rising so high after its crash. It's better to be like that as we will profit from it a lot. That dump was necessary as people will sell their bitcoins and again the market value of bitcoin will start rising and again the era of bitcoin price moving up will start.

It will be short lived. I think the dip had slowed down a bit. So I think we may have the correction price right now. I hope the general public will go back and buy bitcoin so that we can see a good price movement before Australia joined in July 1. i We just need patience and eventually we will see a strong price of bitcoin again.

The OP prediction was right to some extent but this is not 2013. and this time bitcoin will not fall much and will recover very quickly. You see after touching 2000$ price again began to climb and at the time of this writing we are close to 2450$. This means the weak hands has dumped and now we will smoothly move towards 3000$.

I didn't know about that. But I still doubt this is the case. Bithumb, for example, is a big exchange with trading volume 157,624 BTC in the last 24h. If they were like you said, who would use the exchange? The price 1 BTC there is $2815.28 right now. But they have this remark, *Price Excluded and I don't know what it means. But even if it means "tax excluded" and they charge a lot on withdrawal my question remains: Why do so much people trade there?

Weak hands always on the receiving end of such a dip in price. And its touching above $2000 now which is a good indicator that it is somewhat resisting further dipping. I hope that their will be a new set of investors joining the picture on bitcoin ecosystem so that the $3000 that we all are drooling can be touch.

As stated this time nothing seems similar to the year 2013. During those bubble the price didn't stay above the ATH for a long time. Now this time gradually the ATH varied and make the price to be around $2800, from which the price fell. Now it's been quoted as the second wave and further a third wave might take place by the next year starting taking the price to $3000 or even high.

Bitcoin's price movement way back in 2013 was purely artificial that's why it didn't hold on for too long. Aside from that, back then a few people knew about bitcoin, so it's safe to assume that there are just a few traders orchestrating the said bubble but now, it is somehow safe to assume that it will hold since many people are already im the know about bitcoin. And about the price drop, it is already expected that a correction will happen since people will be taking profits from their run back from $1300-$2700.

As for the future, no one knows for certain what will happen. For me, I'll just keep holding til then.

Remember all that bitcoin does jump and dump this is what make a lot people to invest into it, due to its big potencial to loose some value and recover and grow stronger, speculation is a powerful market, and some people take the risks with bitcoin, but lets return a bit bitcoin jumped after the dump of January and since then the price were going up without almost loose any value, you should expect a dump at some point.

Bitcoins has been dropping a lot this weekend and those holding unto their bitcoins Ares now very afraid and panicking to sell their stock which I highly disapprove of. The price will bounce back as it always does.

HAhahha, why don't you just always think of it. ..? . Indeed with holding bitcoin us, will certainly get a lot of profit in the future. Because it has a little chart that bitcoin can be guessed, so we can know when it will give you an advantage and when not to give you an advantage. But it needs to be in the know it all should be based on a good thought with, without it is definitely holding we do would be pointless. Investments need patience
 

It just the weak hands who made a lot of sell offs from their bitcoins and made a panic selling situation and i think it will be fixed soon and we will see a price rally for bitcoin, this types of scenarios are just made by the whales to get some cheaper bitcoins and we should be aware of that so we will not fall for the possible bait of the whales for weak hands to sell.

No one knows what will happen tomorrow, neither the expert one can't predict it. And I don't know what is your basis for this things.
Aside form that how didi you say within 10days is it precise or also a prediction.

I'm holding my bitcoins and I missed the chance of selling it at $2,700 but I'm not panicking until now nor I did planned to do panic selling. I've read about this correction and almost all of the major alt coins did fall to. This is a typical trading move that when there's a new money came in, profit is profit and traders will actually get it.

Price fluctuations will always happen but possible  big crash will always remain an speculations coming from frustrated buyers, who unfair ideas of creating rumors about bitcoin so that they will buy cheaper btc price if people changed their mind and do panic sells. But don't be afraid if you hear these topics od big crash within 10 days because it's not significant story now, but the most important thoughts you should believe is the actual price of bitcoin in the market right now.

What about capital flight? Another possibility that might be true is there are smart people in the know that expecting a crash in their economy. I made a thread about it https://bitcointalk.org/index.php?topic=1934056.0

Please drop by and tell us what your viewpoint is.

I think that is possible due to the traffic of the transactions and If that will go to worst maybe the certain bitcoin company wallet will crash and same with the economy of the bitcoin and I hope that will not happen I think before that will happen there's a solution that is ready for that.

I can relate to your situation. I was sleeping at that time when bitcoin touched the all time price which is 3000$. When I woke up it was back to 2200$ until it went down to 1980$. I was filled with regrets but I did not lost hope since the bitcoin price crash is only temporary and as long as I have my bitcoins in my account I will still have the chance to earn and gain some profit.

Some of us are waiting for that possible crash so that we can be able to buy as many BTC as possible.. ::)

Your prediction is unreasonable.

For the last year Bitcoin as an investment instrument attracted attention such news broadcasts Fox, NBC and magazines Market Watch, Time Magazine, Forbes,  Bloomber.

According to  Fibonacci retracement analysis the current situation with the price of 2100 is within the expected range. Next price rally will be aimed to $3,350 and then $4,480 in 2018. All will be well.

Everyone do have a prediction here.
To those who are reading this specially the new ones. You dont need to believe any predictions here.
If you do have one and can be proven by your own facts then use it.
All of those who are posting here or making thread about predictions are just guessing. Beware of making a panic sell just because you have read something that it will go down.
How about you OP? Have you read something that it will come down from a Legendary to say this kind of prediction?

What kind of crash? It's already 4 days, we are waiting for your prediction, whether it will come true or just misleading information.
Bitcoin price still fluctuate and stay at $2000 level right now, don't know whether it will recover soon or continue to decline.
Recent price at ATH is so tempting for people extract more money from sell their bitcoin, people don't want to regret miss that chance, that's why correction happen imo.

The crash might saying is the lowering of bitcoin price suddenly by 20% , last week it arises more than expected that goes to $3000+ then at midnight it falls to $2400 in just a short period of time.

The crash has already started and I think it will continue to go down a little bit more but not as low as previous crashes. 1500 USD might be the lowest price. Well, these are all speculations. As long as you have your determination, you can't lose at any instance.

I agree dude. the price of btc has risen quite significantly that it may be a long time before there would be a price drop below 1k as more people now are in demand of btc. and this decline that's happenning right now may not even last for a long time before we see another good run

It's just always have been like that, if you look at the chart there are always dips and dumps with the price and the most thing that we want is to reach another all-time high, and that would be great. Determining the price would probably be an awesome thing to do just because of the possibilities that you are going to have, but that's not possible, you could just speculate.

The bitcoin price now is better than average to make benefit however we cannot anticipate whats going to occur later on, there might truly a major crash coming in btc yet i question it will occur in the following 10 days. on the off chance that you have no guts to confront whats ahead offering your btc now is the thing that you can do. i was enticed to offer my coins yet i held up and see what is the eventual fate of it.

Me, I wouldn't be overly pesky about that

Bitcoin did correct, and it corrected big time in fact (right after the OP started this thread at that). As a conspiracy theory, he might be the dude who started this correction by selling a few coins here and there. Anyway, the correction may not be over yet, and what we see now can be either a consolidation phase or a sort of dead cat bounce, and we may continue to spiral down to, say, 1,200 dollars per coin. Would that count as a big crash?

Although I agree the rise was extremely rapid and within few months the price will stabiize, I still think it's within the scope of BTC and a crash is not that imminent this soon, I do agree there will most likely be a crash but it's in no way just related to BTC surge and will mostly be due to people fearing to be left behind, thus initiating a market rush sell.

Though it is possible it'll crash but why in 10 days? What made you predict within 10 days a big dump or crash will happen by then? And if so, I think it is normal prices go low especially when the segwit will be activated. I think most bag holders of bitcoin and some altcoins are already expecting it. But even if it'll dump more, I still would hold on to my coins no matter what.

The price could keep going up for all we know, it already dumped enough on that $1800 ish dip for it to gain traction and keep going up, so im not worried about the chart, what worries me is a possible crash due UASF due stupid ass Jihad Wu not activating segwit already, people getting confused with 2 chains etc.

I think im going to avoid as many BTC transactions as possible until this gets resolved. Maybe buy some alts but I doubt theres a single alt worth holding since they all go red along with BTC.

I laughed badly with your opening statement. That was straight and right at the point. It is really the thing that bitcoin has got nothing to do with big crash and stuff. As you mentioned very less bitcoins are in circulation and many more to come. Once the problems of network are resolved who knows bitcoin will rise dam crazy within the night. It has been doing this everyone somebody successfully​ completes a challenge on the networking. And it will keep doing unless it reaches heavenly 20k plus plus price minimum in coming period of time.

Some good and better price analyst and bitcoins experts also predicted some price drops but not that huge,in fact they are just looking on drop on between 1600-1800$ mark and not that low,but we all dont know whats gonna happen anything may be

LOL, just price speculation. If there is concrete proof that will be much better.  ;)

It was also my speculation that it will reach $3,000 very soon and by that time I'm going to sell but well everything seems to be wrong. I feel sorry too when I haven't sold at peak but that's trading it's fine to me. The good thing is we saw the price did climbed to that price so possibility that it will come back again soon with it is possible.

I'm likewise getting apprehensive with how high it is going. I mean we as a whole need it to go high yet the present rate of increment appear to great to be valid. Can't accuse individuals speculating some other thing is going on. In the event that it'll ever crash, how low do you think it would go down? I fundamentally just got a couple of bits (not even an entire bitcoin) and if it's going to steeply go down in any case, then should change over it to fiat and utilize that to catch up less expensive coins later.

If you think hard about it, can we really base what will happen on the Fibonacci retracement analysis? I strongly believe we cant. What if a world war erupts starting with the tension between North and South Korea bringing all the world's economy to a collapse? I dont think BTC will escape that negative implications of that scenario.

Too big, too small

Bitcoin is not one size fits all. You may never expect the market (and thus prices) behave exactly in the way you think it should. Recognizing this harsh reality is likely the first step to becoming a successful trader, i.e. accepting your own insignificance and irrelevance as well as market ultimate randomness. If you truly acknowledge this simple truth, you will never tell that "the present rate of increment appears to [be too] great to be valid" or anything to that tune. If you disagree and think that you know better, then more power to you. But remember that the largest hedge funds with packs of Nobel prize winners in economics failed miserably in the end (think LTCM (https://en.wikipedia.org/wiki/Long-Term_Capital_Management) here)

There's a lot of people here that posts like that whenever they didn't catch the time to sell or convert their bitcoin. They are just disappointed, that's all. What happened is just a price correction, where the price is fixed, and some thought that the price is just a bubble, maybe after these the price will rise again maybe breaking its high price record again.

One missed chance but many more to go this year with Bitcoin & Shitcoins. I missed the chance to sell top it myself #hodl, but if you didn´t buy too late it´s just lost profit and not a loss.

It would, but it's not going to happen.  The value is pretty stable and has actually had a breakout upwards again now.

It's great that there was a big correction.  If anything, it makes me feel more secure about the way that the Bitcoin value is going.

Let the correction begin,i am waiting for a good correction so that i can re enter the bitcoin market after a long time,in the mean time i was very much investing my time and money in the alt coin market which is showing so much bubble and potential and a good correction is what is needed now as you really cannot expect the price to go up all the time. ;)

Im into altcoin too since btc been to expensive to work too in gambling and in selling. I just keep my btc for now and work with potential altcoins.

No one  can predict what will happen next to bitcoin,even when it soars at 2500 no one knew it,and now your predicting that there will be a big crash that will come in the next 10 days?  In my opinion no one will believe it?

Let's wait and see

1,200 dollars per coin is the lowest limit that Bitcoin might fall to if there are no major negative news regarding Bitcoin (e.g. Bitcoin being banned in the US or the Winklevii twins liquidating their stash and cursing Bitcoin as the root of all evil). In other words, this is what Bitcoin price manipulators could potentially hope for unless Satoshi himself decides to sell his coins (though this is unlikely). If Bitcoin successfully consolidates at 2,000 dollars, that might indeed be a good starting point for healthy growth when the right time comes