Bitcoin Forum

How low will we go? Will we see early 2017 prices before the end of the year? Very likely. Will Bitcoin Cash finally take its rightful place at the throne? Good possibility, prepare your orders.

chuckle

Yes! kwukduck is back with on of his "Bitcoin will crash" predictions.

As an experiment, mark the date he made the thread and observe where Bitcoin's price is a few weeks later. You will be surprised at how accurate he is in predicting the opposite. Hahaha.

Trading tip. If kwukducks says sell, you buy. If he says buy, you sell.

You are wrong.If he says sell,you HODL.It`s not the best time to buy bitcoins,i`m still waiting for a price correction.Anyway,his predictions about Bitcoin cash being the new crypto "king" are most likely a joke.
The only real competitor of bitcoin is ethereum.Perhaps in the future a new cryptocurrency might replace btc,ethereum and all the other altcoins.I`m trying to invent it. ;D

You must be a bitcoin cash lover, well its not gonna happen.


To early to tell but there will be some sort of price drop that is going to happen.


Nope, it wont go back to that price since there is no big event that occurred to go back to its early stage price of 2017.

well i am not really sure about your so called 'reversal' thing,
plus you're saying about an early 2017ish price that will happen with it in the future ?
can you tell me why? what is the reason behind that thing ?
even if right now Bitcoin is overbought,but it does not mean when the correction happen in the future the price will be goes down to level when we're in january.
it's ridiculous in my opinion to see it,
everyday the demand keep increasing which mean the price will be move to a higher level not to back to its own place.
who want to mine it if every Bitcoin only cost around $700 or around that while the expenses double from that point.
also what is the relation with Reversal trend and Bitcoin Cash ?
seriously,i do not think it's make any sense at all.

I think now everyone knows that ethereum is not even capable of handling a simple small amount of transactions. you can see that happening each time there is an ICO or something like this new game on the blockchain called cryptokitties.
how do you expect something that is even worse than bitcoin be able to compete with it?

Usually an asset go for a long suppression state after such a massive rally. Unless, it's being widely adopted and scarce like btc. If you study bitcoin charts, all the indicators are showing more appreciation instead of any impending dump.

Regarding BCC. Definitely bcc is good tech wise than btc.
But still there are lot of alts which can outshine any btc fork on tech. A flippening will take place definitely, but it won't be any of bitcoin forked coin.

Now there is still the problem of speed confirm bitcoin transaction. It's a little slow development. Next year I am sure that this problem will be solved. Bitcoin will have the opportunity to apply to trade and this will make it more popular. I do not believe that bitcoin will fall. Bitcoin is just starting his life.

i think this was the longest time ever that kwukduck stayed silent because this rally was a very long one which meant kwukduck had nothing to say. but now that rally stopped and the correction finally started, he has open mouth to speak the same FUD about bitcoin which was supposed to crash to $10 soon for years :D

We're going down a bit, indeed, but it's not gonna drop down to "Early 2017" levels just yet. That'd mean it would drop to $800. That's just not gonna happen, as it got way too much support for something like that to happen.
And even if it did, BCH isn't much better. If BTC falls, BCH falls with it. BTC is accepted at a lot of places and many more stores are will start accepting it soon too. BCH? Nope.

I feel like we're dropping a couple thousand before starting the uprise again. Bitcoin isn't a bubble. It's a balloon. And us investors are a bunch of kids playing with the balloon, making it go red, turn green & everything in between.

That balloon will explode, but let's profit from it until then.

It never gets old. I've been there since 2013 and it's still hilarious. Thanks kwukduck for your perseverance.

This guy is unbelieveable, fair play for persistence though ;D
Absolute troll, been doing it for years, utterly cringeworthy.

Edit - Post above me, thanks for bringing back all his hilarious posts :D

We all know that this month price bump trend is abnormal and everyone thinks that we will find the definite dump back soon. Since we find the bump in the end of every year. As like that till this month end bump will bypass enormously.
Since bitcoin is decentralized currency we will not be able to apply the general economical thumb rule on btc. Now price today dumped little. I hope that would be stable for some months.

No when he says "sell" it is another signal to "buy the dip". The price is now currently on $13,000 to $13,800 depending on what exchange you use. Mark that, then watch Bitcoin move higher and higher once a new bottom is reached after a few days.

He is good at guessing the right time to buy even though he is telling us the opposite. Hahaha.

As at the beginning of the year this is very unlikely, the price can not simply fall to the level of 0. This requires special reasons, which are not yet observed. But to burst and fall halfway it's quiet.

There will be another jump i suppose. how the bitcoin goes to the bottom and then it's try to reach another ATH in the future, But looks this crash to answer about how fast the bitcoin pump. The flash crash is just a rule if the bitcoin goes to the moon caused by flash jump. I ve putted another order to buy the more bitcoin as much as i can.
Hope that will be jumping back later.

It's not confirmed until a) we break the log uptrend, which is approaching $7,500 right now. Or b) we print a reversal pattern on at least the weekly (if not monthly) chart. After all, this bull market has been going for 1.5 years now. There's no point in trying to repeatedly call the top. It'll be obvious after the fact. Then we can start trading the downtrend.

Welcome mr.kwukduck again to criticize bitcoin.I know very well that you would have spent this week very hard since bitcoin price reached ATH.Its hard for the early 2017 situation to return since the bmarket situation is completely different now with CME,CBOE and other wall street companies entering the market.I hope that your dream would just remain a dream forever.Good luck for more dreams about bitcoin cash.

In previous bubbles, it was always the 1D MACD going down. However this one started off so slow that that rule was broken, so I guess it has to be the 3D, or the 1W?

even better, he predicts it will go to zero since it was at $10 ...  :D

See? What did I tell everyone? Bitcoin is now trading back on $15,700 - $16,500 and it is also back to capture lost ground right after the dump.

Thanks to kwukduck, he has given us another accurate signal on when to buy more coins at a discount. Until next time! :)

Smells like an investor of Bitcoin Cash, you are much interested in the lead of Bitcoin Cash over Bitcoin which seems quite impossible till now. Have you seen how Bitcoin has managed to recover from a huge dip within hours and is ready to achieve new heights again. Don't expect much from anyother altcoins i.e Bitcoin Cash.

This is kwukduck at his finest FUD ever made I have seen him done this a couple of times always predicting the downfall of bitcoin or yes maybe he has some issue regarding bitcoin and want to advertise bitcoin cash we can never know the primary motive of this duck, And we can not really expect if this can be true that the price would dip not a crash like Kwuk was saying because a dip will always go to be next after a big pump occur,

We are not yet sure about the reversal you're talking about. Bitcoin is unpredictable, and you might be surprised to find out you're wrong.