Bitcoin Forum

Economy => Speculation => Topic started by: Elwar on October 23, 2013, 05:27:07 AM



Title: What will trigger the crash this time?
Post by: Elwar on October 23, 2013, 05:27:07 AM
During the last climb, MtGox got DDSed and everyone jumped ship as the lag prompted everyone to drop their bitcoin faster than everyone else. The last to log in were the ones holding the overpriced BTC.

Now we are not as centralized and Gox has done some work on not getting DDSed again.

So this time around the price can keep going up and up and up and people will start getting an itchy trigger finger trying to figure out when to sell but something will have to spook everyone.

What do you think that will be?


Title: Re: What will trigger the crash this time?
Post by: firstlast on October 23, 2013, 05:32:10 AM
I'm guessing when BTCChina's servers crash. This whole bubble formation is due to the massive purchasing of btc by the chinese anyway.


Title: Re: What will trigger the crash this time?
Post by: Elwar on October 23, 2013, 05:52:48 AM
I'm guessing when BTCChina's servers crash. This whole bubble formation is due to the massive purchasing of btc by the chinese anyway.

It used to. BTCChina stopped climbing yesterday. MtGox and others continue to go up. This rally is ours now.


Title: Re: What will trigger the crash this time?
Post by: viboracecata on October 23, 2013, 05:58:33 AM
I'm guessing when BTCChina's servers crash. This whole bubble formation is due to the massive purchasing of btc by the chinese anyway.

Good point, hope this never happen


Title: Re: What will trigger the crash this time?
Post by: Ivanhoe on October 23, 2013, 06:45:06 AM
ASIC miners cashing out?