Bitcoin Forum

see topic, gimme some of your opinions

There isn't any crash in here, the price is not crashing, it is only having a little dip.

Tell me, do you really think that just a dip of 15% is a crash? if you think so, then the best thing that you can do is just search by yourself what is a real "crash".

Good luck with your "crash" lmao..

Maybe not a crash, but it is not fair to call -15% a "little dip" as well. In any other market, people would go crazy if the prices went down by that much. Especially if you take a look at the last month, when the price was around $20K and now it's around $10K, I think you could call a 50% decrease a crash.

I dont know brother when it will end. Today is another selling which is bad. Instead of holding, people panic  which hurts price :o

for new comers I bet they are all panicking cause they are still new to this and they have no idea what they got into
the price still way ahead what it was 4 months ago , you can't consider this a crash since there is no market that keeps climbing without a dip
in general we reached a strong support level , so the price shouldn't go much lower from this point
personally I think the price will stay at the 9-12K range for few weeks before it starts to rise again

Yah. Whenever the values goes down, so many topics like the bitcoin will end, or bitcoin will crash soon and etc. Crypto coins nature is , the values pumps and dumbs always. It totally depends on the investors. This has more advantages then taking it in a negative spirit. When the price pumps up you have chance to sell. Likewise, this is the right chance to buy more bitcoins as well as other altcoins. There is no reason to panic. Its common in crypto race. Need to face both.

I think will be around 7k at the end of January.
9-12k will be on march.  Why? I THINK lot of speculation this months (from october to these days). Its time to go down some weeks

Bitcoin crash is just part of normal flactuations that every asset undergoes. The only unique thing about bitcoin so called crash is negative news from Asia and fear of traders.

It went from 19k last month to around 10k it is more than 40%!!
Optimists consider it as a normal correction while others think it is a crash.
What users think of it will determine whether the price will rise again or will continue falling.

I get fascinated by the sudden rise in doom topics and threads on this forum that finally find themselves in several boards whenever bitcoin takes a tumble in value. I'm suspecting it is part of a grand scheme by some bad people to create FUD's and make it drop further through panic selling in order to propagate their own agenda and so i will urge all holders to be mindful on these schemes and hold no matter what so that we can regain the value back and even a further rise in prices soonest.

Bitcoin has dropped really heavy this days from big pump up to 19k to big dump 10k. It has nothing to do with crash because December was a really HYPE month thats why the price has gone up so high, but for example if you look on November price of bitcoin at the moment bitcoin price is higher, thats why we are still moving in a profitable way.  So you do not need to worry about this dumps.

I don't know if it will ever end. Bitcoin has been around the world/web for almost ten years now. It hasn't been completely wiped off and it has been growing ever since. I think the so-called bubble will pop and the market will crash but I think it will  never completely destroy the blockchain.

50% is not even a crash too, i guess that you are newbie in here..

If you are saying that a 15% of decrease, is just a CRASH, then i guess that you haven't been in here in July when the price dropped by more than 55%, or just on 2013 when it dropped by more than 85%.

Just my two cents, but this is how it works after all.

I do not see any change in bitcoin prices much different from before. and I feel the current price and bitcoin price conditions are currently normal like a few weeks ago and last month. bitcoin price changes that can go down to $ 1000 in a day I think that's normal thing that happended in crypto . because it is bitcoin from the first tends to have a fluctuvative price and always like that.

True that is a thing that can actually be said to be a normal thing. The decline is still fairly reasonable and to me that is the hallmark of cryptocurrency. Maybe people who are new to bitcoin will say that, but for those who have known for a long time will understand the characteristics of bitcoin and cryptocurrency.

It’s the second crash in two weeks. Just buy the dips, we’re not all going to get rich in two seconds so if you believe in crypto, and believe it has a future, just buy an amount you feel comfortable with and hang on. Yes, keep up to date with news etc, but it’s crashed before, it will crash again, but if you believe then set it and forget it my man!

Take note of this: Bitcoin needs to accelerate so it can have the pump power to tap $100,000 milestone. Thats why it needs to go down to accumulate. If I were you I am going to buy more Bitcoins as you cannot see Bitcoin anymore at the $10,000price in the next few months.

In this virtual world crashing has been normal for bitcoin since there are a lot of situation just like this but it will definitely rise and increase. So I don't think that due to crashing bitcoin will end. Bitcoin has been the strongest cryptocurrency right now so I don't think so so that it will end.

this is normal in the trading cycle and all this will end soon, we'll see 2-3 months away bitcoin price I think will go month again, and this is only as a price correction, and things like this also often occur in the world of bitcoin .

The fees are getting lower with bitcoin, and the transactions gets a little faster and yet the price of bitcoin are still dumping. People says bitcoin will crash so hard this year, even big people say that but I still believe that bitcoin will remain stronger. Maybe they are just trying to dump bitcoin so they can buy it at a very cheap price. We should be more confident because time will come, and bitcoin will bounce back.

From the day it got its usage in different forms, if we go through the growth chart can understand the fluctuations and the steep drops and high bumps. Similar manner now the price has gone low, for which we cannot state that bitcoin is to die. It is the future which will not get distracted that easy.

All bitcoin needs is another fork. Post BCash fork every time there has been news of a fork the price has exploded as people want to get free money. I remember my finger trembling as I purchased some BTC back at $1800 before the Bcash fork thinking 'this could be the end of bitcoin'. After a while you just get numb to the bad news and get addicted to the good news/fork news.

The markets are not ran by the traders anymore, but by the exchange owners. Completely manipulated markets with price fixes, buy all orders, and Tether pumps. Just watch Bitfinex's BTC/USDT pair and see for yourself. Bitfinex and Tether is running the biggest scam Bitcoin has ever seen. It's all going to come crashing down whenever they are ready to exit.

https://www.bitfinex.com/trading

Yup I think BTC will be around at $8000-$7000 for 2 or 3 months. This year is a big correction for the bubble, like 2014... and years of halving the bitcoin will rise and bubble again and make all time high price, like always.
With a big crash on $3000. But I just speculation

The price went from 20k CAD to the current 12k CAD in less than a month

Definitely crashed

It will end when the dip ceases and whales stop trying  to sell. it will end when the countries, agencies and institutions who want in on bitcoin but want to speak evil of it first.
It will stop soon.

I think the reason for pushing away the fear of 15% as a crash is giving the high volatile rate of the talked about coin - bitcoin.

Yes, for other markets , 15% might be very huge but bitcoin can cover even 50% lost in a day.

Morewhile, as to dipping from $20,000 , I'm not surprised because the bullish then was not supported by any thing, no news. Nothing at all led to the bull run other than, it was Christmas season for the Christians. So the dip is normal.

It went from $10,000 to $19,400 too fast, breaking out of it's channel and going up practically verticallu. It was unsustainable.

The current price range ($10,000 - $13,000) is where we should be, and we're going to range trade for a few months. This time last year the price was just $1000.

Will soon end up waiting in march as bad weather coming in my country due to supermoon phenomenons,I see dude resemblance and while prices are now back up to 11K$ maybe this is the start in good weekend still hold your BTC just wait months ended.

To be even more precise, we have been moving at sub $900 levels before the end of January of last year. It took a month or 4 before the market really started to take off, and we might be up for a similar ride.

Similar in the way that we'll be growing, and not similar in terms of the percentage gains that we booked last year. I don't think we'll ever be able to repeat this again, and we don't have to.

I always prefer a more steady and sustainable growth over a crazy unsustainable bull run, basically like what we experienced last year. If we this year end up settling above $20,000 without lightning network, it's a pretty good achievement.

Well, we cannot control the price of bitcoin, as we are just one part of it, too many newbies were trying to just trade at daily trading, and most of us here don't want to lose even for a single bit so whenever they are seeing the price of bitcoin going down, they are immediately withdrawing their investment without thinking how much they really lose after making a panic selling, well, they don't owe everything to us so it was just their strategy.

I think you don't know about Bitcoin as well. Bitcoin is not crashing now. It is on correction and in a little dip. As price is not fixed, it can be up or down any time. It is not panic time but it is time for buying and holding because price will be growing up soon.

Bitcoin is not crushing and bitcoin will not end. Price can up or down. It's the basic rules of crypto currency. Price down not means crushing. Bitcoin price grow up again and as soon as bitcoin get better position.

Let's hope for any early recovery of the bitcoin price as this time bitcoin has dipped beyond the imagination as we thought it will go down to 15k mark and will shoot back again but unfortunately it was more of surprise for us but we strongly believe it will be back to the 15k+ club sooner.

we all definitely expect the best bitcoin price for now and the future, although now the price is always declining because of the unstable bitcoin price makes the bitcoin price up and down. We do not need to panic and immediately sell bitcoin at a time like this, because as we know the price of bitcoin after the decline will rise and the price is higher.

It is only a surprise for noobs. If you look at the market from an unbiased perspective, and put aside your bullish personality, it only makes sense for the market to correct after such a massive increase. It's not that this happened for the first time -- every massive increase in this market was followed by a steep correction, and history in this case keeps repeating itself. It makes sense as well, because you can't expect from people to endlessly keep holding their coins -- we have to accept that a lot people are only interested in Bitcoin as an investment option. Another repeating aspect is that these price swings never have affected the long term price. :)

in my opinion bitcoin price will recover in the next month. there is no problem as long as bitcoin value not goes down more than 50 % we should not panic, eventhough we don't know when the price wlll recovered maybe sooner or later, we only can wait and see what will happen tomorrow.

Honestly, the end of this drop is near. Although the price is volatile, but there is little progress in value (in the last days there is a rise by more than 4%) and  the price become $ 11K. As well, I think that this crash is necessary to resolve large problems in this currency, especially before the rise in the number of users cryptocurrencies.
 
On the other hand, for me, some problems have been fixed in this period like, the transaction fees which became $ 0.5 in Blockchain at  this day. Furthermore, it's expected that the price will be 25K in the near future ( may be after 2 weeks) . And hopefully that Bitcoin will back strongly.
 

Why are people only seeing charts from 2 weeks in the past? Have you forgotten that price of BTC in 2017 was barely touching $10k?
We had amazing price climb, from couple thousands to over $20k and then the market dipped and a natural correction happened.
For now, the price is not rising because people are still scared of news from China and South Korea but we still have a price much higher than we had in 2017...

I believe that this is not the end of bitcoin, because it will recover, they were looking for a timing to increase again the value. Moreover this coin have a lot of supporters so it is impossible to crash it down totally.
Otherwise bitcoin is fall down their value now but don't worries it will increase so just hold your amount in your wallet.

I think because they buy bitcoins at high prices, bought in 2 weeks ago before the price crashes and chaos happens, of course they will see from side when they buy it, if they buy at low price, for example when they buy bitcoin when price is under $9k, of course they will not be too concerned about the current price now, and they will still be patient because they have not lost anything, I bought bitcoin at the price of $15k a few days ago and I am very messed up, I know that the price is down because of the correction and panic because of the news ban from some asia countries, but these losses really make me fucked up, I start to think when the price will go back up, when will it end ?

I think it would take a long time for bitcoin to go down. Because there are millions of ledger copy all over the globe. You have to wait for every server to go down before bitcoin fades away.

It has already ended. In my opinion the real crash was when Bitcoin went from $17000 to less than $10000. And these days of panic dumping are well over right now. Yes, we still are not in a full bull market, but we should be approaching there soon.

With the price recovering to $11.5k and a nearly 10% rise in price, it shouldn't take long before bitcoin reinstates to pre-crash levels of $17-20k.

The weak hands are probably regretting their decisions to sell right now. This is exactly why you should never follow FUD. Trading bitcoin doesn't work like that. You don't buy high and sell low, you do the opposite. No matter how bad people make the crash sound, it's really nothing. We've been there multiple times and recovered multiple times. It's nothing to worry about at all.

This is not a crash, but we are on a downtrend spiral so far. Let's not forget that Bitcoin has been making lower low and lower highs since it reached $20,000 in December. And as much as I want this correction to be over myself, it doesn't look like we are there yet. Crash, on the other hand, is a dramatic fall within a rather short amount of time. It could be said that we have seen a crash when the price went down over 40% to $11,000 after it peaked in late December. That fall was fast and it was strong.

It's just a small drop after a high-speed lift. The crash would have been up to 2-3k, and now it's already stabilized a little, so some people managed to bribe during this time.

Since south Korea has come out that they are not banning bitcoin but try to remove anonymous from cryptocurrency trade in other to control money laundry and funding of terrorism I think the dip is over and bitcoin might not go below  $10,000 in this current dump again! Another advantage of this current happening is that now provides another opportunity for one to buy bitcoin at a very cheap price as many of us did not thing bitcoin will come this low.

crash? i don't consider that to myself as crash because that's a common in bitcoin, bitcoin rise and fall you should know that.

i don't think bitcoin got crashed. what happen in this a few weeks because the conditions of the market, and it will back to normal state again soon or little longer.

Yes we need to hold rather than panic selling while the price is dumping gradually cause there's a possibility that bitcoin will continue to fall dip if we collaborate . Indeed  we must keep holding and be patient cause for sure it will pump back . As long more people loving to risk in bitcoin the price will rocketed after the worst circumstances .

There is always saying a crash of bitcoin, we can't say that is. It happen that price has been suffering it's cheaper now, but it won't stay this long. Yes exactly, it will be back to normal as many users believes in bitcoin.

Right. Is it even a crash? 10k usd value? That's still a whole lot expensive by most of 2017 standards. Many just got stuck probably because they rode the bandwagon when btc was making an amazing run but if they keep cool, they'd eventually still get profit in probably a month or two

Absolutely my opinion: what crash?
I see the big picture and the price we had 2015/2016. From there to what we have now, that is an astonishing developement.
There are only a few weeks in the end of 2017 that brought bitcoin to a price that actually was not justified for one coin at that point.
Normalizing the price is not a crash.

I think it is too early to wait for the end of Bitcoin. Why did not anybody speak about its crash when its price was really low? (several years ago). Now many people support it.

I will not said this a crash but little corrections before the next upward movement. A lot is happening right now and many news that might affect bitcoin's pricing but I am happy that bitcoin remain resilient in the face of those fud and remain above $11,000. Corrections should be see as a normal things and we should see the current dip as another opportunity to buy bitcoin at a highly cheap price.

I posted my scenario about this but its changing with price also.   I believe the way to watch for a bottom being put in is a trend of lower highs to be broken.    Currently the area to watch is about 12,000.

Once above 12,000 it must confirm itself higher and place some kind bottom pricing above that.   So theres a retest, almost always for a good move.    Thats the best measure for an end to any sell off and this isnt a crash because its quite a regular market even if its negative to peoples disliking

my rough view:

https://i.imgur.com/zZIfqTZ.png

The bitcoin isn't crash, correction the price of bitcoin getting down only and does not crash, there is nothing new, actually every year the price of bitcoin always dropping due to the drop of demand. You can see if you check the price history from 2015-2017 and this year, you will see the same details of price every year.

BTC currently at 9k CAD

It's hard to predict when will it end this crashed of bitcoin but we will see it on 2nd quarter if will pump or dump. Make positive thinking that bitcoin might pump on 2nd quarter, finger cross.

So, are you still thinking this is not a crash, but just a "correction"? It had fallen 70% already.

We cant tell until when bitcoin will dumped at this stage. It is really dumping so hard but I know this is temporary. Price will so soon occur to rise again. Were not sure when but maybe this upcoming months. Yes lets be positive that bitcoin will make it stand to pump again.

Spectulating 4k by April. Then stagnant for a bit -> Dec 2019 - >  64k