Bitcoin Forum

Bitcoin price in India (https://finasko.com/bitcoin-price-india-btc-inr/) is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash (https://finasko.com/question/bitcoin-price-moving-towards-7500-market-needs-correction/)

I don't see any market crash soon.. the trend is just going up. This only suggest how persons really need bitcoin these days. I just hope it does stay the same as what I am seeing it to be the future of all currency.

soon there will be a crash since the segwit2x fork will come soon and that will end the price bubble there's a lot of panic sellers mostly first time in trading industry even tho they only have little profit they will gonna sell it asap when the price starts dumping. but for me no matter what happen im gonna hold my coins. holding it for a long term is more profitable .

I think this is not an important issue to be discussed, because it is already common in the bitcoin. So if the price has decreased because of the bitcoin negative news that is not fatal then it is a very good chance for us to make the most of buying as much as possible and keep it, because of the bitcoin negative news (bullshit) is actually the most powerful strategy to bring down the price of the bitcoin and after large investors get their desires then the price will go up very high.

The market won't crash so easily. In the second part of this month, we will surely see a huge correction in the Bitcoin's value, but the market will stay the same. Nothing to be worried about. People need to be used to this and stop to be worried.
Keep to be happy with the market and enjoy.

Except segwit 2x activation,there seems no critical issues for bitcoin in the upcoming days.
Bitcoin has even overcome successfully the most feared dominant China's actions against it.
It has already faced two hard forks and survived.
Many consider that same would be the case with the following expected hard fork.
But its much worrying since segwit 2x has got more miners support and it has almost 85% hash rate.
So,there would be really more FUD,panic selling,chaos before segwit 2x activation.
But,if segwit 2x fails to get enough support,then bitcoin price would once again skyrocket.

I totally agree with you.We should be ready for a crash in the coming days .A rise of approximately 2000$ has been seen in the price of Bitcoin within 2-3 days.It has reached 7300$ mark and in no time it will cross 7500$ mark and even more if it keeps on growing at the same rate .I think a correction is required so that the price can be brought down to a genuine value because this unexpected rise is taking Bitcoin towards the bubble situation.Investors had stop investing in it because the price is not stable and there are chances of a huge drop in the price so they don't want to loose there money.

Why do you want the market to crash in the first place? I really don't get people speculating for a crash. If the crash happened what you gonna do? Sell as well and panic? I understand you concern but I think we are all matured here and we know what to do because we have seen the market fall from grace a lot of time but later get up and soar even more. And you should not create FUD here because we have seen this kind of threads already sometimes its becoming a good laugh for most of us.

I think the price will decrease right after the segwit2x fork happens. I wouldn't call it a crash though, it will just be a normal market correction. There are a lot of good news coming for bitcoin right now, and it's price does not stop to increase, so a correction of it's value will of course happen. I read somewhere that after the correction the price might go to $5000, but I don't think it will go that low. We will have another fork in December, called bitcoin silver, and although people will soon realize that these forks will give less and less profit, I think this one will still make the price increase again.

A correction seems only a matter of time, anyone with any knowledge of financial markets knows that things cannot simply trend upwards at such a rapid rate for a prolonged period. Most likely it will happen before/shortly after segwit2x but I do not see btc really falling too much, probably 6k at lowest.

I don't think that we are ahead of a crash (the term crash is usually used to indicate sudden and intensive collapse of a market e.g. MBS market during 2017). However, we will very probably face a "standard cryptocurrency correction" which si far more volatile than in for example stocks or commodities. My guess is correction somewhere to $4800 per BTC right after the segwit2x fork due to market uncertainity.

It doesn't depend upon the upward movement of the bitcoin but its all about how does it performs in the hard fork. Why? The specific reason is all about the hard fork itself. Because whatever price rise we are currently experiencing is because of the hard fork only and people will keep stacking up the bitcoin unless and until they receive the segwit2x coin promptly into their wallet. This is easy and everyone knows the benefits of getting free coins in first place. This time its not going to be like bitcoin gold which was dumb idea and nothin else. This time its real coins with real use and that why the prices are going to be very high. So no more crash for bitcoin unless and until something bad happens. :-)

Last time bitcoin crashed real hard was during the middle of September, price peaked on the second day of the month $4.5k then slowly dip down to $2.9k. Possible that another crash or dip can happen between 2nd or 3rd week this month because of the price rising and it hasn't dropped within the last few days. There's also a chance that the price won't go down that much because look what happened during the last fork the price only went down by ~8% ($6k to $5.5k).

Doesn’t matter what happens with the news as long as the fork is taking place people will try to hold their bitcoin his time. As there is no news about its adverse effect on bitcoin wallet then people have no fear of holding it for long. This they are doing for the sake of getting those free alt coin which will be distributed after the splitting of blockchain. So you see people are being opportunistic here and this will lead to growth only and no down crash. Yes it might be possible that bitcoin will crash after the hard fork as it would have already done its job meanwhile.

Of course the market can't remained in this state, it will always needs to go down for price correction. But I think it will still be after the fork because FOMO is always real. But as far as India is concern, I don't know what they are buying bitcoin at a premium price there, maybe there is some speculation that they are going to ban crypto currency.

I don't think why the market needs a crash ?
Stabilizing prices of bitcoins, setting their value to some default one, making it adapt according to your own thinking is one of the method to make it centralized, bitcoins keeps on going up down according to the market , wishing for a crash.. I don't even know if its legit.. yes I do understand some people are looking for a chance for the price of bitcoins to decrease so that they can buy and invest since now they had seen the true potential of bitcoins... But anyways its bad for the market... It would be 1000 times more fair it the price of bitcoins keeps on increasing... The calatonian referendum did gave it a  fair push towards this value but other than that.. Bitcoin gold and segwit2x can't be ignored and the price will go up until segwit2x no doubt in that... Also they won't decrease that much for it to be called a crash..

It's hard to be happy, when something that have no value costs at first $ 1,000, then $ 3000 and already $7,500. It is very strange situation, isn't it?

That's what I expect at the moment when Bitcoin prices have hit the mark and can break down at any time. So, I expect that there will be enough crash to suppress the price of Bitcoin or any stop signal rising from it.

Market crash? It wont be possible as of these days seeing on the strong support into bitcoin.We might seeing now bull run which most people do see it already as a bubble.Even myself too believe on such thing.There wont be a crash but would really have price corrections later on because we do know on whats the thing drives the price of bitcoin as of these days which is on the fork event with bitcoin gold and bitcoin 2x.

Why would there be a crash? What I am expecting is a pull back or a market correction but not necessary a crash. If Bitcoin price drops yo $5,500 I don't think that its considered a crash and besides you guys should get used to pull backs after a bull run, this is not the first time we have seen BTC price reached ATH and beats ATH again in 24 hours. If Bitcoin price dropped to $5,000 its just an indication to buy more and prepare for another bull run.

Yeah exactly ,even i am worried about this situation . Maybe it will surpass 7500$ but i think till the end of this year the price will not go too down . But who am i to say or to predict eventually what's gonna happen will happen.

I hope the market will not collapse. I am hoarding a few bitcoins. The higher the bitcoin price, the better I will get. What worries me is that bitcoin prices drop dramatically. I hope no crash happen

It might be a silly question to you but I am trying to understand, what really happen with hard fork?

this is the bubble I'm sure about this, it will start dump in the next few days maybe next few hours. Then there will be many people caught up in this accident.

Well, it's not about any negative news but I am expecting a practical price correction of at least 20% to 30% within a period of next two months. This is a sudden rise and won't last long as this is not an organic growth, traders are en-cashing the opportunities in this wild behaviour of the market. Bitcoin will organically hit $7K to $10K in next year but there will be a crash soon to correct the price but it will happen after the fork.

Too fast a price increase makes all altcoin drop prices, everyone sells altcoin for bitcoin so I lose thousands of USD in this day, mostly because I invest on altcoin.

With the news on Wall Street and Futures trading, I think that the correction will not happen this quick.
If all goes well, the correction may even come only after touching 10000$! But yeah, it's just a thought. From now on I'll keep my eyes on the markets more carefully, maybe I get to sell high and buy low...

I'm also thinking the same thing. Btc will surely fall after the segwit2x but same as the last hard fork, it's value will bounce back again for sure. Let's just hope for the best, especially for all the bitcoin holders.

I think saying something "needs" a crash is a fallacious argument. Nothing is due a crash. In ideal situations, bitcoin could potentially just end up constantly going up. However, we do not live in an ideal situation. However, again, this does not support the cause for having a crash. Again, I'm not saying that there aren't going to be any crashes, but that your logic is partly fallacious.

The price is definitely due for a correction but from my point of view it is pretty unlikely to happen before the B2X fork. After it I expect a lot of money to pour back into the altcoins so if you're fast enough a good move would be to sell your btc for altcoins immediately after the fork.  ;)

indeed bitcoin needs a crash because i want to bitcoins in cheap but i think it won't happen this week because people are stacking up some bitcoins for incoming fork this november 16, segwit2x hard fork and despite all of the negative news like banning bitcoin as a payment in vietnam bitcoin is still strong and i think people still don't care about the bitcoin news they want to stack up for now but i sensed that bitcoin may corrected or crash after the fork ans i hope that it will bounce back afterwards

 Well thats ridiculously very high price for India country. I mean whatever I can see is the six figures per coin which is way high if you are holding it. I mean just imagine how much interest rate you can achieve over this price and fill up your bank accounts. Plus there is no restriction not he bitcoin in the Indian territory which makes it even best to invest and earn back the money. I love that figure don’t know why, its too huge as compared to USD for local Indians though. Lolz. Good one.


And don’t worry it won’t crash hard enough as you might be thinking. May be it will reach to 4K again but won’t go below that.

Don't know if there's ever such a thing as needing a crash when it comes to Bitcoin. This crypto market continues to shrug off every known convention and technical analysis. The last time I remember a sustained correction was when it came back down to from 2000, and then some weeks below 4,000. Ever since then, though, it's just been on a hot tin roof. Every alt holder must really be hoping for some let off by now, but I'm done making any solid predictions. Just going to wait at least til December when the effects of Segwit2x will be more apparent.

There's hardly any more dips beyond the reach of day traders even to buy into now! Hold on to your seats, gentlemen and ladies.

Exactly my view, though with mine it's because I can't buy much anyway.  ;D  Yeah, I think it would crash somehow after people dump both their btc and btg. Then the cycle starts all over again. If with money, might as well take advantage of the coming crash.

I think the current trend of Bitcoin will continue to increase in the next few days, there is no stopping point and it seems it has not reached the top. Therefore, I always expect something like an accident or something that inhibits this excessive growth, it will be useful for Bitcoin in the future very much.

Maybe OP was talking not about crush, but about correction. If we all think logical, there wasn't any great reason for such great rally. But price is popping, so there must be a downtrend.

Will the segwit2x fork really be the reason that bitcoin would stop its bull run? I mean, the last fork rather saw bitcoin gearing towards bullish the more.

I think if bitcoin is going to be stopped for the moment, is going to be as a result of saturation, being that it has not really had a huge retracement for close to a month now. Thus, this might lead to panic selling which would not last for long and that might lead to correction of the market for another take off. My opinion though....

I don't wish the dive to happen this week   ;D

Crash is in inevitable and one can expect crash at any movement but not soon as suggested by current market position. Correction in the value will help the alt market to pump again because all the alt coins are not at good state. Correction or crash in the price will help alt market to stand again and further more investors will invest in Bitcoin and in alt coins.

Indeed the trend is still going up... there will always be corrections, but the user adoption is growing tremendously. Especially now with the news of ETFs maybe appearing. This means wall street money might be pouring in!
But we will get a crash someday... but the bulls are still having the stage for now.

Bitcoin can really have a big impact on our world economy!

I don't know what to say on this effect but it's like and the price is going up the peoples are getting more interested in Bitcoin. Even from my locality many people have requested they want to know about Bitcoin, so I think Bitcoin is being adopted more frequently in all over the world and with this page I think we can cross $10,000 in around 2 years.

It seems to me that now the price will go up to $ 8,000 and then begin falling. But if trends continue the price will not fall below $ 6,000. This is a very good result. I have no remorse I'll continue to store my bitcoins. If not this then next year they'll go even higher. I can afford it because I have main job and I have enough Fiat.

I only think the market will get a little crash just before and around the time SegWit2X comes out with their hard fork November 15th. Besides that I don't see much stopping it get to 10,000 USD by Christmas time. Plus with the CME just launching futures trading the big institutional money is starting to come in and that's when the Bitcoin price is really going to reach it's full potential.

I think if there is a crash in this moment, it will be a big crash that noone want to see it at all.

This pump maybe a sign that supply of bitcoin is getting tighter at this moment and to bring back some in the circulation increasing the value so that holder will be tempt to sell their coins is the way developers think would probably help and after getting the desired number of bitcoin in tge circulation a sudden drop might be experience. This is how I see the market of bitcoin if I was right we must be prepared for a sudden drop

As always expected, a crash can happened anytime when there is an ongoing crazy pump so nothing new here. Or does it really a crash?

The questioned here is, how much the price will go down once correction happened? It's clear that no answer tot his. So rather than be worried or stressed to what will happened, just enjoy this pump and do what you must think is good to take advantage of this pump.

I think are this time what we are seeing is still a bull run, we might see a crash before the fork or after the fork, I think at that time the correction will happen. I think the price is not due to hype it might be due to more and more gaining trust in Bitcoin, since if we check in the news about Bitcoin, there are still negative news out there and fortunately the value of Bitcoin is still rising, let's not get worried if we see the price of Bitcoin going high, this is just normal since Bitcoin has a high volatility, the market will still go for correction.

The market is going to correct itself, but to think it needs a crash you will need to determine that the demand for bitcoin is artificial and cannot be maintained and I think that is incorrect, just look at bitcoin, the increase in price seems to come from real adoption, have you forgotten that japan adopted bitcoin just some months ago? So I do not see any signals a crash is coming and instead I see many signals that bitcoin price is going to keep going up for some time.

I highly doubt the market need a crash, but after a long time in bitcoin I know that there will be some correction, not a crash, usually near the forking time there will be some drop, but looking by the situation it will recover fast and go higher, the enthusiasm of the investors is incredible, bitcoin is setting a new record every month

You got the right think on this correction. If crash coves out then price could go below 1000 dollars for one bitcoin but this is hardy to happen.
Correction on other hand is something completely different this can happen or maybe is in progress already. Probably we will see major correction on Christmas cuz like every year we will have major sell then, possible that that we will see and experience correction, not the crash no one needs crash.

end of this month can cross 9500 probably next year start with 13000, feel sad to not exchange my paypal when its crash to 3600 last sept, very difficult to buy BTC with paypal and the price is higher than normal, but withdrawing paypal to my local bank also incur lots of fees so the money sit there losing me lots of opportunity

The bullish period is going to continue for 2 weeks ,that is till the fork and then it depends on various economic factors. I don't know if this current period can be considered as a healthy gesture because the price has been just on the rise and 7450$ is a lot and am flabbergasted that the market hasn't crashed since September I believe. Now, how are consumers going to react after the fork,are they going to dump it and go after altcoins? Or are they going to continue with the bullish respond towards bitcoin?

Just trying to be realistic here, bull markets won't last forever. So a correction (some may call it a crash) is expected. But a full on crash like back to sub 1000? I dunno, doesn't seem to be realistic at this point.

I think that PayPal on its last legs years. He will never be able to reach the level of bitcoin. There are many different restrictions. As soon as it was able to withdraw my money from PayPal through bitcoin I did. It's certainly not profitable, but I was forced to go on such costs to forget PayPal as a nightmare. Bitcoin easily deals with its competitors. Soon there will be nothing except bitcoin.

I don't think you're right. As soon as Paypal remains the only way of payment on Ebay it'll keep prospering. These fuckers (let's not forget they are literally the same company even though they are split now from legal standpoint) worked hard to eliminate any other way of paying for Ebay purchases.

Everything is possible, but as predicted by many experts and also by big players, they were sure that bitcoin would grow to at least 8 thousand dollars till the end of the year, I was also with same opinion and as for me soon it should happen, but no one can 100% know what will happen next with bitcoin.

There is no "need" for a price fall? It would be possible for Bitcoin to keep rising if capital flows keep coming into its market. Thing is, it would not be a straight forward rise. There would of course be profit taking all the way.

Not only Ebay mate. Let's not forget Alibaba, Aliexpress and other Chinese marketplaces which combined are much larger than Ebay now.

For most of the part, the ones asking Bitcoin's price crash is the entire altcoin market. Having struggled through the entirety of the last few months, a Bitcoin crash could be ideal for all of the altcoins to rise back up.
About the Indian market scenario, it looks poised for more investors to be able to chime in to the Bitcoin market. With a few proper functioning exchanges unlike the most popular big marginal ones and better customer support, it already looks to be highly flourishing.

I don't think  market will clash as there is no reason for that. Bitcoin has make a high significant progress for some time now and we have not witness any clash except the one that happened between 12 to 18 of September and a little corrections we have along the way. We are going to have some little corrections in another push towards  $8,000 and those corrections create opportunity for us to buy low.

yes i know that the price of bitcoin are moving towards $7500 and people more like to invest in bitcoin but these market where bitcoin using need more crash i mean that bitcoin defeated a lot of things and it price surprised a lot of people.

According to this situation, the bitcoin price can rise for many days, too fast  :(

I don't necessarily it needs a crash, just a gentle correction before it climbs again. I believe that now after many barriers are broken we might see prices of $10k soon. I would not sell at the moment.

Crashes aren't good for bitcoin, and I honestly don't think it is 'needed'. It will happen sometime soon, but it will happen naturally. Bitcoin has grown way too much over the last few months.

And it will continue to increase its value, i do not think it was healthy on the existence of bitcoin i am wondering if bitcoin would continue to increase its value there would be more incoming investors or the demand will continue to dump

I think correction is a better word for it, not crash. But I get your point. I actually expected people to sell at around $6000-$6500 but it didn't happen, though bitcoin did reached that price too early. I would expect the price to even go back to $5000, as people would realize that this fork is not just like the other two and this is more serious. Since people really don't fully understand this yet, I think this fork will create a lot of fud.

The crash will not happen unless the x2 fork in this month will be finished. The price of bitcoin is still going up because of the hype of the upcoming fork but better to be prepared because just remember, the higher it goes up then the equal that it will go down so just keep calm and ready your money for buying for the possible bitcoin bloodbath.

I must agree market needs a crash so that investors can come in..with this continuous pump I'm afraid people will hold their coins which will result to lack of supply of bitcoin but if a crash will happen probably they will sell their coins to cut their loses and the market demand in bitcoin will go back into the normal circulation.

Stop Starting your sentences with I think, No one cares what you think :D bitcoin clans will not clash easily don't worry, Last time price moved fast it stayed up and waited for the difficulty to catch up, This time the same thing will happen, When people see how profitable it is to mine bitcoin, They will start mining and difficulty will increase exponentially, Hello %21 jump in difficulty level recently rings any bell hello?

I'm glad that the price is so high now. I could not even believe that bitcoin in 2017 would grow so much. But I'm a little frightened by such rapid growth. It seems to me that soon the price may fall

Normally when Warren Buffett, Jamie Dimon and a host of media personalities claim "bitcoin is a bubble" one might expect bitcoin's price to decline. One question we might ask is: "how much would bitcoin be worth if nobel prize winning economists like Robert Shiller, bank CEO's and others had not said anything negative about bitcoin"? Many would likely feel safer if there were a slight pullback in btc's price followed by a period of consistent marginal percentage peaks and valleys. However, the horrifying truth may be: bitcoin hasn't peaked, yet.

Negative media publicity and china (supposedly) banning exchanges, could be preventing bitcoin's value from reaching its peak. As people forget the media's claims of "bitcoin is a bubble" and the price stabilizes without a major downturn. People may eventually accept $6,000-$8,000 is the new normal. If these recent gains are sustainable that could draw more investors which could in turn push the price higher.

Waiting to see what happens around the fork.

The market doesn't "need" a crash. There is no such thing. The market has no needs whatsoever. It goes only by the collective mind of the people. In reality, there will likely be a crash soon because that is how markets work. Although, it does not "need" to crash, it could continue rising indefinitely, but more than likely based on math, it will crash at some point in the near future.

crash happen when those early holders find themselves gain a lots of profits they will sell their holdings because they already satisfied with a big
earnings that they've got coming from their investment but that's correct there's no need for a crashed to happen newcomers will grab their opportunities
to join this investment.

Actually , yes . Market do need a crash . Bitcoin is going up too fast which may affect its market in the long term .
All this sudden price hike can lead to a huge dip  . Due its instability many of investors are not willing to invest on bitcoin  .
Nowadays less signature campaigns are found on the forum which clearly indicates no one is willing to pay such huge price and invest on bitcoin . The upcoming fork may also lead to its downfall . So  right now , bitcoin does need a crash .                               

There will be no crash bitcoin is unstoppable now and those who didn’t invested in it in the recent dump are now praying for the down prices but this will not happening in past 15 days bitcoin has given more than 2000$ profit to its investor and people are expecting more so invest now rather than waiting for any crash otherwise you will regret about it when people are securing huge profit and you are watching faces.

9500$ bench mark will be achieve soon as it is at 7.7k and more people are rushing toward it because they have seen site benefits in past and they are not waiting for any dump they are just buying it at any cost and this is the for sure thing that in future this coin will be more precious than now I am also hopping that it will give me a lot as I bought it at 6.5k and more profit is coming ahead 9500 will seem very low in future,

Thinking about the crash you are talking about. I think bitcoin do not need that CRASH thing. Crash ? What for? Aren't you happy about what is happening to bitcoin price? Isn't that a good thing for all of us? By the bitcoin increase, our saved bitcoin is also increasing its price. You do nothing but still your money grows. Don't you know that? Crash? No time for that. Besides, i do not see any potential of crash right now and for the near future. In fact I look forward for more ups.
Are you in favor for that crash? Selling by lots of people I think is not a major reason for crash. Maybe it will just cause for the price to just drop a little. Then will easily recovered from it.

I think the same. At present there is no need of the Bitcoin to decrease in the market value. As far as today's index is concerned we know that it is one of the most highly rated digital assets.

The basic reason behind this is an excessive flow of capital into various online Bitcoin sites most prominent among which is bit-connect coin. As per the experts of this field the price is obviously going to rise due to increasing demand up to level of almost $8,000 at the end of this year.

Naturally if we examine the trend and the market we could not actually say that the demand will dump, but instead its the opposite, and as far as i can see, maybe it will just pull back a little and then it will pump again because of its increasing demand in the market , and nowadays it is really hard to mined bitcoins.

Media is making things complicated, they make people panic and think of crashing. I dont see bad thing once bitcoin's goes down. Its actually a good thing because we could buy greater volume of bitcoin. Its normal for bitcoin to change its value from time to time, this is its basic nature; volatility. Better not to be affected by media, bitcoin will continue to rise and pump in value but there will also normal times of droping.

There will be evemtually as it can't all be up evrytime. What goes up must and will go down and i think that will be the case though it's going to be more of a correction than crash. Bitcoin's garnered great support recently to even think of a crash anytime soon

Now that segiwt2x has been canceled I think there is a big chance that bitcoin crosses that price before the end of the year, many people were afraid of that fork since it had the support of many miners and businesses but now that fork is not going to happen then there is not a reason for the price of bitcoin to not keep growing.

crash can’t happen before 15/11 but no one will Know how crash will be after that.

generally price will crash less than 1k (Because when china ban bitcoin crash more than 1k)

Expect bitcoin to hit 9000 by december.
And by January-February, 10 000 will be achieved !

now bitcoin is hitting the floor at less than 7100 now and keep dumping, as the news go viral about the cancelled hard fork the bitcoin are now in the market and starting to move selling, and whales are going back with alt coins.. market is really amazing i love the chart.

We all are expecting the same. People have got the prices that they desired and now everyone has accelerated the rate of investment in terms of Btcs for the purpose of gaining profit.

It is a very common practice and the cycle is quite known to all of the bug holders i.e. massive investment rates and price shoot up always lead to market crash as the next step. So the next crash is obviously going to take place sooner or later in the upcoming year# Be ready for the change.

And now at $6,700. It has been stable around here for a couple of hours now so I think it is safe to say that this will be our floor at the moment. The altcoin migration is probably already over and done with.

This is 100% true that when the people see the highest price and they will sell their coins simultaneously this coin will automatically face a bit dump and I believe that there will be no crash at that time because many people will wait for more rise so there will not be so much selling of coins that t will crash and if a bit of price fall there are a lot of people out there who will buy and give a stability to this coin to rise again.

I must say that it is just the beginning of a wonderful era of bitcoin. The market price of bitcoin will increase in the very similar fashion in the coming days as well.

There is no reason to justify this thing that the market needs any kind of crash and that too in the market price of bitcoin. In fact, the market actually wants to have more increase in the market price of bitcoin because of the reason that this will benefit them more.

Well I guess we are now starting to experience the crash in bitcoin price it seems we already hit the maximum value of bitcoin for this year that's why we need to face this drop. This maybe a normal happenings in bitcoin price there's always a fluctuations in value but I will not be worried I'm pretty sure it will recover soon and we will be having a good profit out of our investment

A crash? Really? Or you just mean some drop. Its kinda different. The bitcoin price is now moving down, it is the beginning. But after all I still beleive it is normal for bitcoin. Then from its drop bitcoin will recover and surpass the highest price it reached. By next month or maybe weeks, we will see the bitcoin recovery wil happen again like the last time.

You asked for a crash and got one! This is the time for the altcoins to rebound and make it big or else to be forgot forever. It will only be the true and distinguished tokens which will make it happen and I will look forward to this to expect more from the altcoin market this week.

i think your wrong, Now that segiwt2x has been canceled I think there is a big chance that bitcoin will now start to fall because people wont have a reason to hold their bitcoins knowing that no fork will occur and no free fork coins will be distributed though bitcoins value can still increase with or without forks and segwits.

Well the price has been going down since I made that comment so it seems we are seeing a correction but at the same time I think bitcoin is being attacked right now since the network is very slow and a good amount of the hash power has moved to bitcoin cash but once the difficulty of bitcoin cash is adjusted we are going to see the miners coming back to bitcoin, so I think the decrease in price is going to be a temporary thing.

yes i totally agree with this forecasting. the developers must come up with something to appease everyone it seems

Regardless of what you say, i read and do not understand what you are talking about.

I think there will be a large number of BTCs sold at the end of the year, BTC holders will sell them massively, explaining this because they need cash for the new 2018 welcome.

I think it's quite the opposite. By the end of 2017, is when the bitcoin futures will be available. The price might keep going down until then, but the Wall Street guys will still get into it. I'm sure they are enjoying this crash now, because it only means that they will get bitcoin at a much better price. Everyone that is selling BTC out of emotions will soon regret it. I guess it will always be like this, whales will get richer because most people just get carried away with FUD and panic sells...

It thinks bitcoin worth more than it is now so wait and watch how this coin will go up and make place as the global currency and more of it btc has ability now to rise because it is not affected by rumors anymore so I am expecting 10000$ benchmark at the end of this year and as the coming time will be all about bitcoin so crash will not happen. There are many people who will invest into it when price will go down.

What do you think the Bitcoin price will be at the end of December? I think $10,000

The way bitcoin market’s price is increasing and that too with each passing moment, I don’t think so that there will be a crash in the near future.

In fact, the market price of bitcoin will keep on increasing in the coming days as well and this is the thing which will help the investors in making their dream of getting rich to become true. I am very much hopeful that the market price will increase in the future.

Media has its own purpose of keeping the people aware about recent situations but you must not mold your thoughts according to the daily highlights about bitcoins .We all have pretty much idea about the dump and pump in the prices.

It is quite a normal thing that the market faces a crash when investments get increased due to volatility of the price increasing unexpectedly beyond the scales .Hence there is nothing to get worried about just keep your Btcs in hand.

Your wish already happened. The market value of bitcoin fell down to 6300$ at this moment. Other consider it as a disadvantage because it will no longer reach the 10000$ before this year end. And ither says that it is an advantage because they will invest to Bitcoin at low price then hold until its value rise again.

Haah…well I’m making profit, so I don’t really care much about whether the price should be corrected or not. But one thing that worries me sometimes is that the high rate we draw lots of attention towards bitcoin, especially government. And I don’t know if the government will really be in support of that, cause they’ve always called Bitcoin money laundering. Don’t know, but sometimes my mind do think about price being corrected to something low.

Actually it is moving towards the $10,000 mark. A lot of investors had pulled out anticipating the SegWit2X fork. They are returning now.

i don't believe that is true. as you can see the crypto marketcap is reaching new ATH's. this suggests new money is flowing in. i believe it will reach 9-9.5k because most people anticipate 10k, so there will be a huge sell off in that area.

The new money that is flowing in, is in anticipation of wall street who will start selling futures of bitcoin on the market at the end of november - start of december. By selling futures the bitcoin price can get another boost because there will be alot of new money flowing in by wallstreet traders.

Thats how i see it, simply stating my vision don't mistake it with a fact haha

A reason could come up and I am pretty sure the market is strong enough to handle that. In as much as most people want a crash to be able to buy at a cheaper rate, we have to understand that everyone cannot always eat their cakes and have it which is why there won't be a huge crash no matter the news.

Anyone that makes a mistake dumping their coins now without verifying the news properly will only end up screwing themselves up eventually while they transfer their future to someone else and end up buying it at a higher value.

So do I. I don't imagine that there will be a market crash soon just because of the increase of bitcoin's value. Even if it will reach $8000, I think it will not happen because the moment that there will be a lot of people who will keep on investing in bitcoin, there will be another bitcoin that will be produced since people are investing bitcoin now and never sell it for just a small price.

The days for the crash are gone, everyone expected a crash near Segwit2x but now that is also over. Bitcoin has passed the correction phase also and the crash that was expected was created after the announcement that Segwit2x has been called off when Bitcoin started following towards alt coins and particularly Bitcoin Cash. But all these things are now over and Bitcoin is back on the track for touching $10,000 before the New Year.

Well, we certainly had the SegWit2x crash you called for, though probably not for the reason you anticipated (the cancellation of SegWit instead of the implementation of it). Also worth pointing out that the market has recovered from that SegWit-related crash back to it's pre-crash highs in the upper $7000s. It hasn't done anything to alleviate my concern that this may be a bubble. The thing about bubbles is you only get confirmation they were a bubble long after they've popped and sanity is restored in the market.

It is easy to come up with predictions when the rally is going on but what i need to see is a big correction,i expected it when the 2x fork was called off and the market just bounced back in a few trading hours and i thought that was the right time for a good market correction,but these rallies are worrying me as i have dumped my coins thinking i could get back when there is a correction and i am still waiting. ;D

I think the same could've been applied to even just yesterday when bitcoin reached 8k again, perhaps not a 'crash' but a correction was needed, people seem to ignore the obvious trend that when bitcoin pumps hard it inevitably will crash/correct shortly after.

By the time this thread was created it was back at November 3, 2017 the price was $7,500 and after a couple of weeks we had the bitcoin cash drama, civil war against bitcoin. And by looking at the price of bitcoin now, it is at $7,755 looks great to see that after a big dump and crash bitcoin still managed to get back at the peak. And the movement of bitcoin's price will not be stopped and no one can ever try to pull it down.

The price and increase of bitcoin is always a wonder. The price of bitcoin has marveled its speculators, stunning them with an unexpected increase.

We have really witnessed a tremendous increase in the value of bitcoin since this year and we can't now be certain of what it will close with this year since it has gone to all time high of $8,400 plus. And , or whether we are going to have a dive.

Without the massive price appreciation, most people would not be interested. The people buying bitcoin aren't buying because they think it's a system that is better than fiat or the USD, but because they view it as a system for acquiring more fiat in a fast and risk-free manner. The price appreciation has made people irrational. So you're right, the price going up is getting more and more people interested, and it's the wrong type of people because of the reason they're getting interested.

I don't see enough reason why the bitcoin price should crash all because it is hitting the 7,500$ of which as at today, it has hit past 8,000$. This is not just about following the rule of whatever has fone up, must come down. If bitcoin price must come down, it has to be a well deliberate and calculated action. I did hear if the anticipated crash do happen, there will be a reinforcement later. The crash in price avails a lot more people to come buy into bitcoin more; an open window.

Crash for what? Maybe a correction is the right term. Most crashes only benefit the whales but some hodlers can make profit in it too but only a little compared to that off the whales. A frequent crash is not a good sign but a regular correction every all time high would suffice.

In addition, those kind of people who are in it for a fast and risk-free manner and also the same people who are going to immediately sell bitcoin in case their is a price dip. The mindset that bitcoin is a quick rich scheme is very wrong from the beginning. And as far as a market crash, its certain to happen, but no one knows when. Still the price today is above $8100 which is very strong still. And we are holding it and the crash to $7500 has never occurred. The only thing that will make bitcoin and any market to really crash is that a negative news or an attack to the bitcoin ecosystem. But as always, sometimes we really need some market correction to go to the next level.

But BTC price need correction. Its price always gets higher and higher, and if market wouldn't get correction — next BTC dump could have horrible consequences
.

It's another thing what does market needs and another one what will happen. We have never been in such situation, bitcoin is still new coin, there will be halving, popularity of coin increases and a lot...... So no one can exactly say if it even needs crash or not. Maybe someone will say yes to sell it and buy when it crash, then sell when it rises and make profit. Maybe everyone wants it but as we see it doesn't happens and there is nearly 1 year that bitcoin rises.

No any hard fork is expected in near future and unfortunately if any hard fork occur so I think people will not ready to sell their bitcoin due panic and consequently the price will not crash down even slightly because people have come  to know that are the panics are manipulated and not based on reality.

Hopefully, the next spell of increase in the price of bitcoin will touch the figure $9500 within couple of days although the price is moving around $7500 but it will get starting rise soon.

Your hopes came true while you were typing the reply, bitcoin is now hovering around $9500 on major exchanges.  ;D I can see now how pessimistic we were about the "inevitable" market crash or at least correction.

it is always good to come back to thread like this to remind one that no matter the wishes and predictions, bitcoin will always do whatever it wants based on the market and surprise a lot of people.

Someone felt bitcoin needed a crash when bitcoin was at $7500 and now that it is $9500 plus, I hope the person is still not expecting any crash lower than $7500. Anything can happen but as long as no FUD is created, a crash would just be in anyone's wildest dreams.

Seriously? Do you think crash needs to happen? Well, with the current trend in the industry, anything is possible though. Its price is getting higher so it's best to prepare.

The reason why a lot of people are looking for the crash is because they are just looking for a position to buy and hoping they can get lucky. That kind of luck is something only a huge FUD can even cause which at this stage of bitcoin's life is something we may not really see much of. Corrections are what we can only be seeing at the moment and the way I see it, bitcoin have been able to pass the stage of such huge corrections.

If you have been following the charts, you would have known that we have been having some corrections and the fact that they are not huge does not mean they should be discarded and it just says one thing, the market is getting stronger than we can imagine as a little drop now, so many people are on ground ready to gulp it. At this stage, let bitcoin get lower than $8500 and you will see the level at which investors would rush in.

What crash ? i don't see any. You can  say its a trend, its the real proof how people are buying and selling the bitcoin and increasing there interest with Crypto Currencies. I heard the price will be increase in December and it is already showing the sign. The price should be 20,000$ by then. I am not a predictor but as we're seeing how its increasing its price so maybe its very much possible.

Bitcoin the price is today $14500 arround and it varring increased and decreased like $2k _$3k per day so it price increase mean the price was so good and no issue in the bitcoin market if go drop in reduced still $7500 means the bitcoin market will totally fall down and bitcoin market also will be crash but it's not possible still drop back like this .

Hard forks these days are even being discarded with everyone knowing they are just rubbish and would end up not amounting to anything.

I am really trying to see how things would turn out at the end with some of these past forks being pushed down, despite all the manipulations to get it kicking. Bitcoin has already touched past $16,500 and what we are still trying to expect is $20,000 which i believe it would be touched slightly and then maybe some corrections after then.

Agreed, but there's no question now that the major parts of this market hold this mentality. Utility of bitcoin, adoption, or the technology of the blockchain don't mean anything to people who are just speculating on the asset price and helping to drive the wild price swings. It's even bleeding out into the traditional market where companies are changing their names to include the word "blockchain" and seeing their stock price double in a week (like Riot Blockchain, which is a garbage company that was a failed biotech and now has doubled this week alone because they changed their name to Riot Blockchain). Blockchain is the new dot com. We are definitely in a bubble, and it's not confined only to the Bitcoin price itself.