Bitcoin Forum

Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.0

12 Nov 06:00 - $5600
12 Nov 22:00 - $5680

The market tested the lows within 16 hr. The market is now at around $6350.
   
   Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.
Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but UP...
   But they forget that bitcoin cannot be a currency, but only as a medium of speculation.
   I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.

Bitcoin is now doing $6300. It will test $5000 very soon.
   

Very unlikely after the double-bottom at $5700 or alike.

I highly doubt. Bitcoin's market value is probably falling because the segwit2x was cancelled. But at this moment, it is now again climbing its way up. So for its value to fall as that low, I think it is quite impossible.Bitcoin is now priced at 6300$ that is currently rising, from a value recently of 7400$. I don't know, but i do believe that it won't fall that much.

I doubt in that. To something like that really happen wheals should to sell the biggest part of their founds, but for now everybody addicted with collecting of coins, cause of prediction about the price are really sky breaking.

Nope, it doesn't look like BTC will crash to and below 3000 USD.  And it's really looking like a lot crypto noobs panic sold, when they should be panic buying.  :D

When it comes to Bitcoin, it's a different ball game.  The best strategy for it is the Bizzaro Trading Guide.

Bitcoin is now at $6700 back from $5680.

12 Nov 23:00 -  $5680
13 Nov 13:00 -  $6700

Steep rise within 14 hr. This is again an exponential rise that can only come from pumping from very large players - including the exchanges themselves which have complete ease to buy and sell.
   
Ordinary demands cannot push bitcoin up at this rate. This round of pumping will have to stop very soon as there won't be enough of first time buyers waiting to get into bitcoins. Those wanting to transfer bitcoins to the exchanges to sell would find it very difficult because of bitcoin's very large pool of unconfirmed transactions.

I cannot understand where "panic" buying can come from. ::)

$ 3,000 seems very difficult, but I think Bitcoin can go for $ 4,500. Bitcoin Cash and Bitcoin Gold will now begin to compete with Bitcoin. If segwit had taken place, Bitcoin could be between $ 3,500- $ 4,500.

You shouldn't look only on the legacy chain bitcoin
I think that bitcoin price at the long run should be all it's forks combined+ the legacy chain token prices.

Which means that if in 2 years cash will be worth 4000$, gold will be worth 1000$ and legacy bitcoin will be worth 10000$, it's not like bitcoin worth 10000$, because if you were buying this year you would be getting all those tokens, so your bitcoin actually worth 15000$, so if you bought it this year for 5000$, you made 200% profit, and not 100%

Not only difficult but that was just another bullshit. There is no real competitor to the bitcoin. bitcoin cash comes with its difficulty adjustment to steal the bitcoin miner's interest. And the bitcoin gold was coming with its pre-mined token for the developer worth over $30 million dollars. Both should be considered as a crap coin. Segwit already happened and what do you mean about the last sentences?
This time the more panic sells just created by FUD.

I don't think that $7500 is the Peak. It's not like Bitcoin is collapsing
the segwit2x was cancelled making miners comes with Bitcoin cash, this speculators to reduce holdings Bitcoin and move from Bitcoin to Bitcoin cash

Bitcoin at $10,000 is only a self-delusion - the logic is inconsistent.

Bitcoin is all about buy-low sell-high - nothing about buying bitcoin (viz other crypto) for its "especial" value and to HODL. Buying bitcoin now to hold and handing them over to your grandsons is not an investment strategy!

You must have bought at lows before you could sell at high. Come bitcoin $10,000.


This logical inconsistency means there never will be a bitcoin $10,000 - there is no bitcoin $10,000 to celebrate this Christmas. Only gloom for those invested in bitcoin above $6000.

What are the chances that bitcoin can stabilize above 5k in the near term? If it can stay above these levels, should never return to below 3k levels...

And it is very clear that a newbie here knows much about this, and has the ability to predict the price of bitcoin without any knowledge about this at all.

Why are you even bothering us, when you don't think bitcoin has a future?

Honestly, do you have a degree in economics or finance?

The US Federal Reserve Bank - the Fed - is the central bank for the US dollar monetary system.

Honestly, do you know how a fractional reserve banking system works ?

We will see what's going to happen. But I feel you're uber bearish here.
However that's your opinion and I can accept that. Market will fight it out and then we will know what the bottom is.
No reason to freak out or panic. Imo we are going to 5 digits next year anyway.
If you're in for the long hold don't worry and just ignore all the drama.Sit it out.

As i have know bitcoin is back at recovering. People who are saying that bitcoin will fall to 3k are the people who don't know that bitcoin actually is. Bitcoin gets nowdays a lot of support.

Bitcoin would no way fall very hard below 3k. Have you guys not seen the potential ? I knew bitcoin would be back my brother was also saying this.

You came up with some nice simple logics point is that , there will be always buyers, if it touches 10k, then there will be speculation of touching 15K, as long as there are speculations, there will be buyers :)

You have to bear in mind that bitcoin now is all gambling. Ask yourself what your chances are against shrewd professional gamblers. The prices before they started to pump up the market was $600. Those very rich funds know how to acquire things at lows and then push them up sky-high - as with the current $7500 peak.

The lows they acquired their large holdings may be around $1000. At any price above $1000, they make a profit. So the actual bottom may well be below $5000.

$3000 is way down already, its going to be a big disappointment if it goes that low. i'd lose faith to all these crypto whenever this happen. right now $5k is already cheap for someone who wants to get into. so the moment it will start to touch $5k, people will soon be buying which is why it can't go down that low.

It won't make $3000 based on the current circumstances.  For that to happen, something really bad in the space would have to come to pass.

Fanatic markets know how see news to explain why a market rise or fall - Putin caught a cold, a cow was knock down on the streets of Delhi...something really bad happened ;D   

This is a unregulated market with early adopters that can control it at their liking. Rational market analysis doesn't work

Anyway as long as it stays above 6 $ I'm in profit

If bitcoin value should decline down to $3000 I will not hesitate to convert all my money in the bank to bitcoin because that level will be a great opportunity for me to invest more in bitcoin. Reason been that am of the believe that bitcoin will raise again with time. But if it is for short term period, I will not take such a risk by investing all my saved money if bitcoin value should decline to $3000 as you speculate.

The problem is sky high transaction fees and a cap on transactions per second. I'm not really sure how bitcoin is supposed to be scalable... Therefore, I'm not sure that this valuation is truly justified.  Although over a short period of the time it may bubble. In the long run, bitcoin will probably go down in value.

I would not mind if bitcoin went down in value since that will give me the chance to get cheap bitcoin however I disagree completely with the last part of your post, you think bitcoin is not going to bring any economic benefits to the world, a currency that can be used everywhere with no limitations and that cannot be confiscated, bitcoin is the best currency ever invented and if that is not going to bring economic benefits to the world then nothing will.

If all of us have the same idea how bitcoin works then yes it will bring big changes inside economic area of any countries if more people will push this system and let company adopt bitcoin transactions it will lessen and easy those transactions between each countries. I'm still in the good side of bitcoin future this test will just let the value to become stronger.

:D Yeah. Seems like bitcoin is already in its 'recovery mode'. Already up to $6600, it's definitely not going to drop below $3000 now. BTC popularity is enough to keep it up even if it has a lot of technical flaws.

I agreed. Although there are a lot of better altcoins that bitcoin, but since its the first to come up and because popular it has somewhat gain the trust by the investors so I highly doubt that it can go down to $3000. And just what we said, bitcoin is going up again after a period of drop, roller coaster price specially the attack coming form the supporters of bitcoin cash. Now its above $6600 and probably on the way to $7000++ again. So the scenario of it crashing is not happening.

As of now the price of bitcoin continue to increase and I  hope the price become 7k dollars again.

Its market value is indeed falling but I doubt that it will fall as that hard that it will be priced 3000$ from its current value of 6300$. Bitcoin's value is now recovering due to what happened recently related to the cancellation of segwit2x this month. I am not expecting that it will be qble to reach 10000$ by december since the fork was cancelled but I won't also believe that its value will fall down to 3000$.

I received this personal message from the moderator informing me of the deletion of a reply that I made to this thread:
My reply is an answer to Caladonian's latest comment to me. I find my reply to be of complete relevance. The only reason that I can see why my reply was deleted is that I argued that bitcoin is not useful - an expression of an absolute academic argument.

I cannot accept such moderation from this forum. I have decided not to post in this forum again as free expression of arguments contrary to what the bitcoin developers believe in are censored here.

well, that's a very long drop. I hope it will not happen. I think under the price of $ 3000 is a huge price. I do think the bitcoin price will go down, but I think it's too far. I hope the bitcoin price does not fall below the $ 5000 price tag.

Nah, i feel like you just missed out on the previous pumps and is feeling a bit salty at the moment.

No way that we're going under $4000 again this year in my opinion. Maybe next year, when a big adjustment in price comes. But it's definitely not going to be this year or any time soon in my opinion, markets are way too bullish for that.

$10k is going to happen. You saying that wait a few weeks and buy at a lower price seems like the real fantasy here ::)

For it to go down as low as $3,000 is too much, if that happens then Bitcoin may have a hard time to recover. However, many would grab this opportunity and buy bitcoin at such a low price as that. Since bitcoin has been rising just recently, then there's no surprise for the price to go down but for it go down and crash below $3,000 is kind of far. I don't see any reason yet for it go down that low even with the cancelled segwit. A lot even anticipate for the price to go up by the end of the year especially with good news about bitcoin such as amazon has been spreading. Also, the popularity of bitcoin has been increasing so this would contribute to a price increase.

that's impossible bitcoin will crash at $3,000 if that happens it will sure grow back quickly the price, some investors think this is the cheap price of bitcoin then they will buy it.

Now the price is stable, it does not go down and does not rise. I see no reason for the collapse to occur. But, even if this happens, it will be an excellent chance to buy bitcoin

bitcoin will not drop to $3000 not even bitcoin cash can make bitcoin drop to $3000.bitcoin still around $5000 When bitcoin cash reached $2800 and now back to $6000.you should buy bitcoin when it dropped around $5000.

I will hope that it won't fall as that low because it will be surely hard for Bitcoin to recover from that price. But if we can't stop the circumstances, I would take advantage of the price drop and would invest to bitcoin as much as possible. Because i do believe that it will be able to recover on any kind of backdrop.

We did went into a correction recently so I think there will be no more crash that will happen for now. There's nothing greed if everybody has been thinking that bitcoin will be into $10,000. How about those coins that you are holding what do you want them to reach? It's a very simple thing that a trader will hope and keep on speculating good and positive thing about the bitcoins they/we hold.

3 000 USD is too low. Buyers will be eat any walls below 5 000, maybe even below 5400-5500. You story isn't true

It seems to me that bitcoin will be impossible to hold in the area of $ 5,000. It has been many times. When bitcoin drops sharply in price, then in time, it will accelerate and easily overcomes the high. I think that soon we will see the launch of bitcoin up to $ 8,000. I do not believe that this year we will see the figure of $ 10,000 but 8000+ is quite real.

$3000 is way too impossible for bitcoin to fall down that very low. Right now it's already regaining its price value after the Segwit has been cancelled and hopefully it will continue to go up or maybe continue to go back to its value of $7000.

I really don't think so...below 3000$?? Are you out of your mind or just an attention seeker??
Profoundless and meaningless post.

Bitcoin below $3,000 is very hard to achieve, even after the recent buzz created by Bitcoin Cash; Bitcoin still stands strong in the market it was expected that it may crash to $5,700 which eventually happened but Bitcoin value is again $6,000+. Bitcoin crashing below $3,000 is only possible under harsh conditions when everything goes against Bitcoin like ban on Bitcoin in countries, user base declining due to rumors, ICO ban and so on but over all reaching such a dip can be very harmful for the market. 

There was a rumour on zerohedge today that the reason bitcoin bounced back up from $5600 was some big hedge funds deciding that this was the time to buy bitcoin. See

http://www.zerohedge.com/news/2017-11-13/mysterious-bitcoin-dip-buyer-identified

While this big money moves in (perhaps stung that they missed out the $1000 - $7000 rise this year), bitcoin's price is supported.

What happens next depends on whether bitcoin's rivals can gain usage for their coins.

but nevertheless we are witnessing a completely different trend in the world of crypto currency. popularity is growing and with it many countries are starting to work with bitcoin and with its technology. let it not mean real legalization, but it already says a lot.

With all these ICOs going and popping around, there's like a whole lot  of usage for the coins.

The users are divided and supporting different coins but majority are into bitcoin. And I don't think that bitcoin will be crashing below $3,000.



We are far from witnessing bitcoin to crash that low. The price is now pumped to $6,900 so almost half of it's price will crash? No whale will allow that to happen.

Agreed. Institutional investors always means more support for bitcoin at every level and less chance that a flash crash is going to happen. On the flip side, rises are going to come a lot quicker with the new money flowing in as well.

If it does crash below $3000 i would take that opportunity to buy in as much as i can, or at least as much as i can afford - i've sold way too low and now i'm suffering from the consequences. Crashing below $3k just means that people are panic selling and it's good to go against the crowd sentiment in these sorts of scenarios.

bitcoin can still fall to 3000$ easily just like happend on the past, yet it can still recover again easily due to the demand of it because people will likely tend to buy more if they can see a huge price drop in bitcoin.

harmful in the means of what? i dont think its harmful rather it is benificial because trader and small investors can have an oppurtunity to purchase bitcoin if such dip can happen.





of course it can possibly happen and he is not out of his mind nor an attention seeker.

Nobody of us knows the price we will have in one month.
The movements we are seeing at the moment are fast and with a very large amplitude.
I still can not exclude that the 10 K barrier won't fall on christmas eve.
Nore can I exclude that we might oonly have 3K.
All we can do I reac in a way that seems to be appropriate to us. That means either hold, or try to take advantage of the ups and downs.

Currently with the price of bitcoin in coinmarketcap, bitcoin is going up to its initial price again, and OP saying that bitcoin will crash down to $3000 again, that looks like something that is not going to happen anytime soon.

even if this is going to happen, I also think that this will not happen any time soon. even vice versa, bitcoin price will be higher. whenever the bitcoin price becomes $ 3000, we can only be prepared with it.

An day back steep fall in price took place with bitcoin cash and by the time bitcoin started to show growth on the coinmarketcap. At this time we doesn't need to think of the price go as low as $3000, already we have got near to $7000. Hope we might cross $7000 before the ongoing week end.

With regards to the post in the OP i don't see any reason for the bitcoins to dump in that very low price unless it is intended that the whales will call out for a big news that may affect most of bitcoins holders. I don't ignore this possibility but in reality as of now it is too impossible it is half of the peak.

topics like these are very good for historical purposes. i plan on making a list of all these idiotic topics speculating bullshit during each dip. it proves how untrustworthy throwaway accounts like OP are which are created before a dip (2017-11-01) then spam lots of FUD all over the forum in a week or so (114 posts) and then disappear after their shorts were filled and bought the bottoms.

it is good for newbies to see these and learn how to ignore the bullshit speculation.

It is possible if a really bad message goes out, and people will enter into a panic sell mode, but I can't see the price staying below 3000$ for long.

The only scenario that could bring the price to those levels is a rise of a forked token that will replace bitcoin, so bitcoin will become an altcoin, and a forked coin will be called bitcoin( legacy chain bitcoin will be called bitcoin core).
The support of bitcoin is much larger then it had few years ago and the crypto has no where to go.

"Bitcoin must crash", note the MUST.

Now he puts a "will" to disguise it a little.

So obvious I dont even need to answer.

Nope, It wont crash below even $4500 well not this year

I'm sure it will not decrease that much, another hype might happen if it goes that low. its just a chance for us to buy more and feels it when it pumps again. It just dump now due to cancellation of fork,  new news might come out without us noticing it.

As I have said earlier, I will not post here again (because of a deletion to a post of mine) to comment on bitcoin or to make prediction of bitcoin prices.

The following is an exercise in curve fitting, fitting an exponential curve (y = A exp(kx)) to the price data of bitcoin in the recent 1 year using simple regression analysis. The curve is extrapolated into the future. I do not comment if such a curve fitting is of any use. Readers may decide if such a curve fitting extrapolation means anything.   

Data: coindesk.com 1 year data, number of points = 20;

2016/10/6/611
2016/11/19/751
2016/12/26/903
2017/1/26/915
2017/2/26/1180
2017/3/16/1173
2017/4/23/1284
2017/6/1/2452
2017/6/28/2584
2017/7/31/2873
2017/8/26/4387
2017/9/10/4191
2017/9/13/3874
2017/9/28/4185
2017/10/12/5439
2017/10/24/5519
2017/10/31/6447
2017/11/9/7146
2017/11/15/7280
2017/11/16/7843

a = 6.20708, 
A = exp(a) = 496.249,
k = b = 0.006371,
Exponential fit: y = A * exp (k * x);
start point x[0] -  2016/10/6, 611
last point x[406] - 2017/11/16, 7843

Extrapolate by number of days:

days 0, 2017-11-16, $6593
days 10, 2017-11-26, $7027
days 20, 2017-12-6, $7489
days 30, 2017-12-16, $7982
days 60, 2018-1-15, $9663
days 90, 2018-2-14, $11699
days 120, 2018-3-16, $14163
days 150, 2018-4-15, $17146
days 180, 2018-5-15, $20758
days 210, 2018-6-14, $25130
days 240, 2018-7-14, $30424
days 270, 2018-8-13, $36832
days 300, 2018-9-12, $44590
days 330, 2018-10-12, $53983
days 360, 2018-11-11, $65353
days 540, 2019-5-10, $205750
days 720, 2019-11-6, $647755
days 900, 2020-5-4, $2039305
days 1080, 2020-10-31, $6420272
days 1260, 2021-4-29, $20212711
days 1440, 2021-10-26, $63634949
days 1620, 2022-4-24, $200339607
days 1800, 2022-10-21, $630721933

The truth is that there are so many investors waiting for those opportunities.
Zero hedge may have been fast enough to quickly pick it up, but there are so many people on ground waiting for that moment as well, which is more like, a first come first serve thing.

That is the level of support bitcoin is gaining and there are so many top players looking to buy at a good price since that is the best they can get it and that is what makes it more fun.

I don't see that scenario occurring anytime soon now. Even though Bitcoin dropped by 29% it was destined to reach to its all-time high in the near future and the same thing happened. Now that the BCH nonsense is under control Bitcoin has reached up to $7928 reaching to its all-time high of $8000.
Bitcoin will not crash by $3000 now, I think the people who were speculating such things were just panic.

Why did you create this thread when you already had the same kind of topic where your clear intention was to make people believe that "it peaked near to 7500" which is already proved wrong since BTC crossed 8k today itself? Are you trying to make others sell in profit or make them lose out on the opportunity itself? I don't know what do you take holding as, but it's like a penance of a sage and investors are those sages who have the courage to wait longer that you can't, as you can't resist to take out your "profits". They must be taking turns to get out in profits but markets are not being run by some 3-4 guys alone who possess xxxxx BTC with them as the effects of major public has increased since the users are highly demanding it.

If you are so good at taking profits, predict the best possible points for the buy, sell and buy back areas here for the next 3 months and we may follow.

Time is proving you wrong. I hope no one have followed you. It is true I would never have thought the price rise would so quick after the Bitcoin Cash failed pump, but still, who could have believed Bitcoin price would go down so much ? Frankly 3000$ are part from ancient times now.

True it is very unlikely we are ever going to see that price again, it is just part of history but at the same time it is kind of funny, for a long time people wanted to reach 1000 again and since then we had non stop growing, we did not had much time to hope for bitcoin to reach 3000 or 4000 since it only took bitcoin a few weeks to surpass those prices.

That dude didn't do anything. He's just trying to troll people by convincing some noobs to sell their coins due to their insecurities regarding this market. The biggest troll of this section without a doubt is kwukduck.

While he makes himself look like someone being anti Bitcoin, he actually is quite bullish. People think he sold his coins back in the days, but this dude rides this market in a smart and efficient way.

He just creates a thread, drinks a beer, and enjoys how people go nuts against him. He has a big mouth for sure, but behind all his fake negativity and trolling, hides a person being super confident in Bitcoin.

Well that's good and as we have to deal with the current trades right now, most of the hodlers were no exited of the price while it had developed good outcome. The signs of even more price surges is now beginning, that's why reality now come to possibility for the bitcoin economy to rise of its economy and became a popoular currency around the world. Now we are going to surpass the said fork and will pump until $10k this year end.

This can't happen, even to the lowest part it can never go down just like that, hope you saw the variation and the years interval this shows that it is booming and is going high and higher watching the exponent (2016/10/6/611 and now is 2017/11/16/7843 which is almost 8000).

There’s always a chance it may go down because of its volatility but that really depends on the market and current trades

This increase in popularity and so many huge investors wanting to come in is what is making the bitcoin community to keep getting strengthened and for values like what is stated by the OP impossible.

So far so good, as we have broken the resistance blocking us from moving forward, I am envisaging a bull run right now. Legalization to me is not a threat but a welcome development as it would create awareness, but that does not give government control over the currency itself.

I also want to know when will crash below $3000 but unfortunately I don't know and you also don't know. I believe bitcoin won't less $5000.

Yeah, we cant predict exactly when will the bitcoin price drop with that amount but i think in the current status of btc its unlikely to happen. Even recently there are some coins increasing (bch in particular) the price of bitcoin remain around 5k$-6k$ and now its back on track again and continue increasing as day passes. Investors already know that btc price can crash or skyrockets, so op dont need to remind everyone for the possible situation that can occur.

It can either go down or up, who knows. But everyrhing is a risk. Its all up to the market. And the market has a lot of players. Bitcoin is really unpredictable, just need to observe.

If there would be a moment where the market had a chance to tank below the $5000 level, it would definitely be at the time the 2X hard fork didn't go through - looking back, it didn't manage to do so. People have to adapt to this situation and plan their next actions thoroughly, because this market doesn't wait for people to hop on board. It's either you do it now, or do it at much higher levels later. If people were smart enough to buy at sub $1000 level and keep holding till now, they would just enjoy the ride up, and didn't had to make the decision to enter the market right now. However, we're basically in the same situation right now - sub $10,000 levels will next year be something of the past, so don't let this opportunity slip.

I agree there was actually large sell walls at the moment so I don't think that bitcoin would crash below $3000 value , I actually speculating that bitcoin will reach $8000 before this year end

BTC the real king jump out to a new all time high 8000$. Nothing expect the state could regulate the price.
It will arrive end of this year on 10k for real

We want to know when its gonna crash below $3000 because we really want to buy in those dips and stack up and accumulate bitcoin more in our wallet. Sadly, it won't happened because bitcoin is reaching $8000 now. And to the OP who posted this, he also didn't know because he is a complete troll and maybe a paid bitcoin cash shill.

Bitcoin will never go down to the levels of $3000 or even $4000 because people will start to buy on those kind of dipping. Its a good entry specially new faces who wants to have bitcoin to either hold on it long term, or just simply having it and make profits in their part.

If you see the current situation , yes, it's difficult for bitcoin to crash into $ 3000 but bitcoin is being develop by unique and complicated code/algo so it may have a chance that bitcoin able crash for somehow that we can't even expect that happen

If you are saying true it will be good opportunity for us but i really dont think bitcoin price will down till 3000 dollars it is really imposible but 5000 dollars can be and it is posible because so many people interesting bitcoin and they are wating for  good price for buy again .

Bitcoin even at $8000 is as cheap as it was below $1 in 2009. Bitcoin is not something to be considered as expensive as $50,000. Its target is not a five figured value against US dollar; it’s far away from that figure. According to John McAfee’s claim One Bitcoin will reach to $500,000 in three years, at that time many people believed that he is crazy. I also think that yes he is crazy but crazy enough to be smarter than all around. He has the sight to judge and to essay but not only to looking things and the courage to speak it out in front of all where many even being sighted were incompetent to say anything. So am I guys, I hate people asking and complaining of bitcoin price at this level. Just stop it guys, stop crying over split milk, you have stuck in past looking behind while missing to look at the bright picture of its future. Enjoy this time and believe me guys we are the luckiest that we got a chance to be bitcoiners at this stage, it’s a legacy.

Interest will only lead to a higher price, it can happen when a problem occurs but other reason than that won't have the price go under $3000 I also think that $5000 is the lowest it can go as of now but as we can right now it is being accelerated again and about to go over $8000, any price is possible when talking about bitcoin the only hard thing to know and the thing that is necessary is that when will it happen.

The usage for most of the new coins from the recent ICOs is not even huge yet except for few of them. Over time, when we start seeing real life usage for most of them with a product especially, then we will start seeing some great development for them.

All the above, I would not call them a rival for bitcoin as bitcoin has been able to set a huge pace and being able to catch up is not something I see for any of these alts.

I do not think the price will go below $5000. There are more users now than a few months ago.

Bitcoin has developed itself so strong that it falls but is in still 6k-7k range and this shows the strength of bitcoin and if this happens in past when investor were not that mature as they are now then there may be a chance that it will go down to 3k but now a lot of people are holding btc and this thing is giving more stability to bitcoin and now people don’t panic at all and this show that we are stepping into crypto world.

Tether crisis will bring bitcoin price near 3000$ soon.
This crisis is not a small issue and if its real that fake tether used to buy bitcoins on bitfinex and on bittrex then sure we will see around 3000 usd soon.

Bitcoin will ath at $10,000 and then enter a correction state where it crashes. That's my prediction

Every time bitcoin goes up someone says it will crash, and every time bitcoin goes down someone says it is time to buy bitcoins because price will increase. All is correct, there are corrections of course but to be honest I don't think that bitcoin will fall to 3000$. 6000$? Maybe, but if it goes to 3$K it will crash much lower.

Yes, it has got possible chances to take the price low to $3000 as what happen with bitcoin is completely uncertain. The tether hack crisis is no more a big issue, because even bigger issues have been overcome by bitcoin to reach the current place. This is not the first time such a big hack is taking place. Several such incidents have taken place in the past.

I really hope BTC can go to below $3K so that I could buy a lot more!!
I was weak half a year ago and did not buy enough BTC when it was $3K.
I really regretted that decision now!...

If you are waiting to buy bitcoins at that low price then you are really wasting your time as we will never see that price again in future as price has started to rise now and if there is decrease in the price it will never go below $5k but in future it will surely go above $10k so if you have money you can buy it even now as in future you will be making some good profits on your investments.

Now price is low if you compare it with 100000 dollars. I don't believe that we will see price under 6000 dollars ever again. Something big needs to happen in order price to drop so much, people talking about more adoption in company sector, countries will regulate bitcoins, all that can just bring more people into bitcoin world and that will just make demand go to the sky and price is headed there too. Don't wait 3000 dollar's its my advice too, and don't regret, I was here when price was 200 dollars and I don't regret for missed opportunity, new coins are here, bitcoin is rising more, concentrate on that and buy now if you have money!

Too many investors now for it to go that low now. I believe it'll be at $5000 at the very least for the forseeable future.

No need to exaggerate things. The $6000 level isn't all that far away from current levels, and if we take the thin overall buy support into consideration, a fair dump could trigger the market to plummet under the $6000 pretty easily. This market has always been subject to various massive dumps from time to time, and I don't think things have changed much. Everything around Bitfinex stinks so badly, that they may turn out to be a major reason this market will fall back down significantly. I don't say it will happen for sure, but the chances are definitely there, and as long as that is the case, we can't discard certain price levels yet.

Yes I agree to you. I dont think that bitcoin will crash until that amount. Its too low for the bitcoin. And since that many investor are coming for bitcoin, it will never happen that the price of it will fall down until $3000. Aside from that no altcoin are booming now so it means everyone are focusing in bitcoin.

3000$ below which world are you living in currently the price is 8300$ how can you
say that all of sudden the price can reduce by 5000$ without any sort of reason.
bitcoin will never crash it will only rise now

A massive price change $5000 in a day would cause an extreme fear on the hodlers and will ultimately collapse the pricing. But it will not happen anytime soon for most of the changes in pricing are all positive.

I see people talking about various thing that could bring down the price of btc but, honestly, don't think we''ll ever see this happening, the price falling this low. Even within the few hours of price starting to go down, there would be a massive selling and that could very well destroy bitcoins economy. Tho the price might be going down to $6k or even $5k at most for who knows what reason but the current situation bitcoin is in will not allow the price to go that low.

It may correct around 30% but not sure whether it can go back to all the way to 3k level.

No altcoins are booming? Have you checked ETH or BCH or LTC?

https://coinmarketcap.com/

Oh neat. A new troll. Kwukduck was getting lonely and depressed with all of the bull runs. It must really suck to have sold into worthless fiat when you could just HODL and your buying power is constantly increasing.

Oh well. Better luck next time champ. Let me guess we should buy some shitcoin that will be "the future" like... BCH? Right?

Well, if that will happen someday maybe next year, it is still the best time to buy bitcoin. That is the value that is waiting for those big investors to buy it in small amount but sell it in huge amount just like today we already have $8k, and I am still holding my bitcoin even if it crash, for sure it will still recover its price.

Bitcoin will crash to $3000 it is difficult to say we have no reasons to support the argument of bitcoin will crash up to 3k. the bitcoin is growing and with this the altcoins are also booming which is also a good option for crypto lovers to make profit from this. ETH LTC BCH and many more are good for holding now and become successful in the crypto currencies.

Well, with the peak you already guessed, so that your whole idea failed. But when the recession is not known at all, especially this is almost double, and if it does, it will be a big blow for everyone.

$7500 is the peak? it just pass through $8k. The more you spread FUD, the more expensive it gets.

Bitcoin already hit more than $7500 with this price this means many users believe in bitcoin. Yes the more fudsters in bitcoin the price will increase. With this speculation bitcoin surely will hit big and continue be increase and its far if heading below $3000.

Not expected going there very soon I think.  ;)

Nothing is impossible in this market, but it's highly unlikely. If we look at how the strong demand reacts when the price dips below the $8000 level, you'll see how quick it gets bought up to over the $8000 level again. In case a more serious correction follows, it will be an extremely short term happening, which at that point is something positive for those looking to enter the market at discount levels. If we take the strong demand into consideration, and the willingness of people to hold their coins for a longer period of time, we're more likely going to face a consolidation phase rather than a corretive phase. Either way, people should understand that everything that happens, is just of short term nature. Hold through if you're not a trader, and if you are a trader, then utilize all given opportunities.

I want to say so, but unfortunately Op has been disappeared since November 17th, never seen him anymore in this thread.
A friend for kwuckduck who very sure about bitcoin will be collapse, fall significant to $3000 ;D
But, it turns out bitcoin reach over $8200 right now, so Op just decide not to show up in here anymore.
Op have predicted bitcoin fall to $3000 without any bad news/events that will come, purely by his doubt about bitcoin become a medium of speculative, buy low and sell high. He don't know how high bitcoin could reach, and bitcoin won't fall without any big issue.

This predictions are given by so many but after seeing todays price some of them have vanished and some are not commenting on their own threads. But i can tell that lot of person are waiting for 10k price so that they can sell it but if you see by the whales point of view , low traders are ready to sell so the correction will be shown near $9500 or it will show 12k immediately as soon as their will be correction near $10000 price.

That would be the case when some countries bans bitcoin, but we must know that it is after all possible for bitcoin to fall to 3k. Bitcoin is unstable we can't do anything against it.

If more users will follow other coins bitcoin will surely fall down a bit, but in normal cases to 3k ? No i think not.

It is not being greedy even if we wait for the price to rise above 10,000 if the prices reach 8,000 and playing around 7,000-5,000 right now. Sounds like you are working for the government who thinks who know it all. If you are going to point that out and about to panic just bitcoin price crash just recently then stop investing so what if it is buying or selling it something we looking forward to and it is helping, now unlike you a non-believer should just to stay. Now I definitely respect your opinion I am just if you don't believe in it then stay out of it and mind your own business.

Op, i don't believe that Bitcoin market value will decline to $3000 in the nearest future because the rate at which the demand for Bitcoin is increasing day after day and that affect its current upward we may not see down trend of Bitcoin to the turn of  $3000 or below in the nearest future rather an upward trend above  $9,000 before end of December this year is the current speculation of many speculators.

Hahaha not bad  ;D

It will not work, even if it completely dies. The price is simply nothing and everything, and the demand will be, and even then, so that the hopes for your forecast are very ghostly.

Not at all possible.Now the price of bitcoin is 8200$,it will reach the value of 9000$ with in this year end. Many people are invested and waiting for this reach ,even I had invested when the price was 8000$.Waiting for the price to reach of 9000$.If it's happen means, I will get 1000$ as a profit.

It is never going to happen, the price has already gone beyond our expectations, today it is traded at $8600, soon we will reach 10k USD, if the price drops even a little people hurry up for buying and collect it for future. We won't see such a price drop again.

It has a very low possibility that it will ever happen as Bitcoin as basing on its price history you will see  that when it was on the 3000$ level it never got down to the price of 1000$ again. Obviously if Bitcoin will decrease more than 50% of where it is now we will know that something is up and there is really a bad news that made it to where it is now. Looking at its price charts now you will see that Bitcoin is still on a up trend that is why I don't know why you are thinking that it will correct on that kind of level.

Oooohh yes, 10k in christmas is pure delusion
must be so embarrassing dude, i feel bad for you   :D

I hope this happens soon, but it seems like we should be realistic that the $ 3000 price will never happen again, the price will continue to rise because users do not want to sell the bitcoin they have.

Exactly,the possibility of seeing the price on that scale is already very remote,that there was a backward movement so marked it would not be very logical,instead, it is much more likely to continue giving a slight and gradual increase as it continues to popularize its use in different areas or activities that people have or do as investments or things like that through BTC, in the other hand, is very possible that the new floor is already established and a new evolutionary process will emerge from this.

I think there is no reason left that bitcoin will crash and if there is any possibility so I think that must be share with us as well because what I see here bitcoin is rocking and day by day it’s going to do progress and even today I check the price of bitcoin its very good and there is also a very big support to bitcoin from different countries and still more countries are trying to be a part of bitcoin because bitcoin is full of good qualities and they want to see bitcoin with high price.

As much as I would like to buy some cheap coins, I just don't see it going that low. After the ShitcoinCash events, it went down to around $5500, and within a few weeks it has almost doubled.
$3000 is a stretch.

Bitcoin WILL TEST the old ATM of 1200.. I hate to be the bringer of bear news. ARE YOU READY TO BUY AT $1200 BOYS AND GIRLS?!

Now how would you know it is crashing to $1200?

From $9750 where it is now?

Have any source to provide with this fact or a chart showing this atleast of your prediction to be true?

If Bitfinex/Tether will crash than it can be even 3000k and bear market.Today tether printed next 25 mln to save the price.Tether is printing 25mln usdt every 48 houres,If regulators will start action crypto will be in trouble

It has always tested it's old ATM, always.

Bitcoin will drop gradually to 5K, when Bitcoin futures are launched. It will not drop further than that and certainly not to a lower level of 3K. Many people hope it does drop to lower than 3K, in order to buy cheap. After the drop to 5K it will go up again. We'll see the price go up to 15K March next year. Then we'll see another drop, but at the end of 2018 Bitcoin will hit 20K.