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Title: Bitcoin crash is inevitable Post by: cryptozanga on February 17, 2021, 03:14:10 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: Jawhead999 on February 17, 2021, 03:26:02 PM If you're really a strong holders and will hold even when Bitcoin on crash, buying in any price wouldn't a matter. No one expect/predict Bitcoin will reach $50K right now, when Bitcoin goes to $3K people are loss faith while it's a good time to buy the dip.
So, people who're buy at $50K is not a fool, I would think a fool is people who not holding any Bitcoin until right now. Title: Re: Bitcoin crash is inevitable Post by: serjent05 on February 17, 2021, 03:31:06 PM We can't deny the fact that correction always happens whenever Bitcoin price climbs fast but during a bull season, correction happens to be tag as a higher low and is always followed by a higher high. It is true that there is always a possibility of a Bitcoin crash and it often happens but the question is when. If we are unsure when will be the next Bitcoin crash then, why should we hinder ourselves from investing that can possibly give us a good profit before it crashes. It is good to be cautious but it shouldn't hinder us to see a possible opportunity that can give us a really good profit.
I remember a thread here about assuming/asking whether those that bought BTC at around $27k(can't remember the actual figure) can be considered a fool. And weeks after, his query is answered/debunked. Title: Re: Bitcoin crash is inevitable Post by: mk4 on February 17, 2021, 03:35:55 PM This is not the time to buy, don't be a fool to buy at 50K. A price correction or a crash has always been inevitable. But this? No one knows when the "best" time to buy is. Hence why a lot of us here are huge advocates of dollar-cost averaging. While there's the possibility that 51k is the peak, we don't even know, the 50k price might just be the 3k price of the 2017 bull market. Also, if it ended up being the case that 51k is the peak, who cares. I'm pretty sure the people who bought the 20k peak in 2017 and held until today are totally happy. Title: Re: Bitcoin crash is inevitable Post by: Rikafip on February 17, 2021, 03:40:19 PM I don't know whete are you getting that from, that people don't think that there will be some corrections. Thing is, people that are into bitcoin for a longer period of time don't care about those corrections as they know that they are perfectly normally, and if anything, it's a chance to acquire more BTC.
Regarding "bitcoin is too expensive now", people were saying exactly the same thing at 10,000, 20,000, 40,000 etc while we can see the price now. Simply put, best time to buy bitcoin is now! It doesn't mean that you have to go balls deep and invest everything that you have, but important thing is to start buying. Title: Re: Bitcoin crash is inevitable Post by: ElmedoRator on February 17, 2021, 04:00:52 PM This is entirely possible, but how long will it take for it to happen. I have known this market for many years, even looking at the period when the coins fell 90% in value since reaching ATH, I still do not think it is the day when the market crashes, at each stage they are we should look at it differently. For the current situation is completely different when the new amount of money entering the market is money from large institutional corporations, simply think that they invest here and expect one day the market collapses? I think everyone sees the appeal of this market and that is why there are many believers and many skeptics.
Title: Re: Bitcoin crash is inevitable Post by: januszzbych on February 17, 2021, 04:06:13 PM I have to agree especially I want to laugh when Elon sad on tweet he buying ;) Tesla is popped with the money so its not bankrupt ;) investing now in btc its to risky, its more now like a piramidm, rich people will make money when the rest will have a btc as number on the end ;)
Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: jasonjm on February 17, 2021, 04:07:37 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. I don't think this time a major market correction will happen because of the involvement of institutes and positive news about Bitcoin and cryptocurrency. There might be a slight market correction and BTC might drop to $40k but that would only be for short term and I think Bitcoin is now eying for $60k in coming days. In 2022 the price may cross $80k because there is no looking back once companies i.e. MasterCard, add an option to buy Bitcoin and other cryptocurrencies. Title: Re: Bitcoin crash is inevitable Post by: hatshepsut93 on February 17, 2021, 04:09:35 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. When Bitcoin reached $1,000 and then $2,000 people were also saying that it's overpriced and they will wait for it to go down. These price levels were never seen after that. Yes, there's a good chance that Bitcoin will drop below $50,000 sooner or later, but there's also a good chance that it will keep rising. And also it will likely be above $50,000 in 3-5 years. 2 months ago someone made a thread "are people buying at $30,000 idiots?", and as time shown, they were geniuses, because they made 66% profit already. Title: Re: Bitcoin crash is inevitable Post by: NeuroticFish on February 17, 2021, 04:13:37 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. I know somebody who was not a fool and didn't buy in 2017 at 17k and ever since. The price did crash, we had crypto winter, then a recovery and now it's 50k. Guess what, doesn't he feel like a fool now? Of course, everybody does with own money as he seems fit. Neither you nor me, nor others from the internet should not matter in his decision. Title: Re: Bitcoin crash is inevitable Post by: Review Master on February 17, 2021, 04:20:11 PM If OP's refering to a big correction after this bullish rally on bitcoin, than sure to happen sooner or later. But it'll be on uptrend for the long run as more adoption is going on and more to come. But newbies are getting into fomo and buying bitcoin without any analysis and it's depend on the support level of bitcoin whether it's going to pump or will take any big correction. So, DYOR first before getting into fomo.
Title: Re: Bitcoin crash is inevitable Post by: mk4 on February 17, 2021, 04:28:21 PM I have to agree especially I want to laugh when Elon sad on tweet he buying ;) Tesla is popped with the money so its not bankrupt ;) investing now in btc its to risky, its more now like a piramidm, rich people will make money when the rest will have a btc as number on the end ;) This is actually one of the biggest misconceptions with bitcoin. Noobs tend to think that the higher the price means the higher the risk. Well, it's actually the total opposite. The higher the price, means the higher the hashrate, and the higher the public interest goes. And the people making the pyramid scheme argument obviously doesn't even know what a pyramid scheme really is. Title: Re: Bitcoin crash is inevitable Post by: ukw on February 17, 2021, 04:37:55 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Well-known veteran and trader Peter Brand noted that Bitcoin is in the middle of another parabolic progress in a recent tweet. But he also warned against jumping on the train when parabolic progress became apparent in his January tweet: https://i.imgur.com/u2tPm4i.jpg "Once a parabolic advance is obvious, it is too late to be a buyer. The train has left the station. If you no longer own a market when I point to a parabolic trend, then don't buy based on my chart." According to him, a decline could occur as soon as the current parabolic course ends. In this type of parabolic progress disorder, corrections of about 80% are most common. Title: Re: Bitcoin crash is inevitable Post by: BrewMaster on February 17, 2021, 04:38:00 PM This is not the time to buy, don't be a fool to buy at 50K. well just because you missed your chance to buy and lost a lot of money that doesn't mean price has to come down from $50k. a lot of people lost the chance to buy bitcoin back in 2017 when it went above $2k too and they were saying the same thing as you. besides if right now a correction happens it won't be a crash it will be a very small drop and worst case scenario is to $48k-$49k. you already said it yourself that the higher it goes the more correction we have. the crash you are thinking of will happen when we reach $500k... Title: Re: Bitcoin crash is inevitable Post by: Little Mouse on February 17, 2021, 04:42:11 PM We have seen this from $10k, $20k, $30k, $40k and now in $50k, Peter was so much confident that BTC will never reach $50k but it did now. I'm sure when we will see $100k, still there will be people who will say like you.
There will be correction certainly but you can't say what's happening next week or next month. When we had correction after reaching $42k, some people thought that was the end of bull market for bitcoin this time but all were proved wrong. I was also thinking the same but to be honest, this bull seems different. Big institutional giants are in the play now. There will be fall but before that, there are lots of spike waiting I think. Title: Re: Bitcoin crash is inevitable Post by: teosanru on February 17, 2021, 04:49:55 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. Your concern is absolutely genuine and this pretty much is true but I feel that there is something more to this type of TA. It's about predicting the All time high or highest point of the current wave. Now if you Don't buy at 50k and it reaches 60K you have potentially lost a 20% move in bitcoin. It's that predicting highs is a very difficult task. Even the daily RSI is at about 81 which I don't think is that high. So ideally this is not the end of the move. Yes you can say this is risky for people who are absolutely new to cryptocurrencies but all on all a person won't really regret buying here.This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: michellee on February 17, 2021, 04:53:45 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. Only you will know when the best time to buy bitcoin, even if the price still at $50k or the other high price. People will have a decision to buy 1 bitcoin directly or buy fraction by fraction until they think that is enough to buy bitcoin. With the bull run happens this month, the correction will always happen, and I think right now, the correction is already coming as the red candle shows at the market.This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: DannyHamilton on February 17, 2021, 04:55:35 PM Including the post that started this thread, you’ve posted a total of 5 times in your entire history of posting here on this forum. You’re track record is pretty miserable.
I believe that the problem is the price, it is no longer profitable to buy Bitcoin . . . Written by you on December 19 when Bitcoin was about $22,800. Anyone dumb enough to listen to you on that date has already lost out on 124% growth over the past 60 days.In my opinion a big correction is coming . . . Written by you on January 5 when Bitcoin was about $30,000. Anyone scared to buy because of your prediction has already lost out on 70.3% growth over the past 43 days.Of course Bitcoin will crash, we are in a Bubble right now... Written by you on February 5 when Bitcoin was about $36,600. Anyone that decided not to buy because of your declaration that we are in a bubble has already lost out on 39.6% growth over the past 12 days.Is not the moment to buy . . . Written by you on February 11, when Bitcoin was about $44,500. Anyone dumb enough to listen to you on that date has already lost out on 14.8% growth.And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”? Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive. Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them. Title: Re: Bitcoin crash is inevitable Post by: dothebeats on February 17, 2021, 05:16:59 PM I was in the same league of people believing that bitcoin wouldn't hold out for much longer once it breached $25,000 and turned out to be wrong. Since then, I just believed that the correction isn't going to happen at a definite price point, and that campaigning to not buy bitcoin in order to 'save' others is futile. Just let them buy whatever price they think is right for them, and perhaps buy some yourself so as to avoid shouting doom and gloom predictions everywhere since it doesn't even change the tiniest order of things here.
Title: Re: Bitcoin crash is inevitable Post by: bL4nkcode on February 17, 2021, 05:19:07 PM Setting to new ATH is always a sign that it will be corrected for 3-4k down just like what happened on 45k-49k. But that doesn't mean that it will not recover, with the current companies invest in bitcoin, prices will never go down to below 45k again and another ATH will be reached soon.
Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor Title: Re: Bitcoin crash is inevitable Post by: carlfebz2 on February 17, 2021, 05:48:01 PM Setting to new ATH is always a sign that it will be corrected for 3-4k down just like what happened on 45k-49k. But that doesn't mean that it will not recover, with the current companies invest in bitcoin, prices will never go down to below 45k again and another ATH will be reached soon. Same like you there are always people doubting and will always missed the chance of buying at low. And this twitter handle will suit those people https://twitter.com/havefunstaypoor You cant blame out people on not to think up that way if you do consider out on what happened in the past where the market entirely crash go down to the floor then you would definitely presuming out that it can really happen again but this time around it isnt the case we are seeing. Crash can happen anytime but comparing into those years where adoption isnt really that high yet then its high likely to happen but now where everything gets recognition to it then it is really hard to believe on. -3-4k crash or a bit more is most common now and for those who do really make out day trades will most likely to benefit out. Title: Re: Bitcoin crash is inevitable Post by: Rruchi man on February 17, 2021, 05:51:28 PM People who thinks this will go up without stopping are very naive. Of course the increment in the price value cannot continue forever, at a certain mark, the price value will become stable. But the thrill and plan is to gather enough while the price is still increasing, so when it becomes stable, you arw already free from financial insecurity. Title: Re: Bitcoin crash is inevitable Post by: acener on February 17, 2021, 06:56:32 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. If it isn't the time to buy then when?This is not the time to buy, don't be a fool to buy at 50K. If you're really a strong holders and will hold even when Bitcoin on crash, buying in any price wouldn't a matter. No one expect/predict Bitcoin will reach $50K right now, when Bitcoin goes to $3K people are loss faith while it's a good time to buy the dip. This is the greatest answer for me,So, people who're buy at $50K is not a fool, I would think a fool is people who not holding any Bitcoin until right now. There isn't a perfect time so stop waiting and wasting opportunity. If the price goes up then those who are buying right now would gain profit and for those who waits have lost opportunity. Title: Re: Bitcoin crash is inevitable Post by: cryptozanga on February 17, 2021, 07:00:24 PM Including the post that started this thread, you’ve posted a total of 5 times in your entire history of posting here on this forum. You’re track record is pretty miserable. I believe that the problem is the price, it is no longer profitable to buy Bitcoin . . . Written by you on December 19 when Bitcoin was about $22,800. Anyone dumb enough to listen to you on that date has already lost out on 124% growth over the past 60 days.In my opinion a big correction is coming . . . Written by you on January 5 when Bitcoin was about $30,000. Anyone scared to buy because of your prediction has already lost out on 70.3% growth over the past 43 days.Of course Bitcoin will crash, we are in a Bubble right now... Written by you on February 5 when Bitcoin was about $36,600. Anyone that decided not to buy because of your declaration that we are in a bubble has already lost out on 39.6% growth over the past 12 days.Is not the moment to buy . . . Written by you on February 11, when Bitcoin was about $44,500. Anyone dumb enough to listen to you on that date has already lost out on 14.8% growth.And now here you are when Bitcoin is about $51,500 yet again claiming “This is not the time to buy”? Come on, it’s clear that your ability to predict the near future is absolutely worthless. I think perhaps it’s time to give up and move on to something more productive. Your advice and thoughts on the price movements of Bitcoin aren’t worth the oxygen you burned to come up with them. Bitcoin was going to crash earlier this month, Elon Musk bought and obviously went up, in my opinion this will only make the correction worse, it is more than clear that I thought the correction would be earlier, but are you going to tell me that it will never happen ? Will you tell me you don't see Bitcoin at 25K? It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be. I bought in March in 3K, and I am 100% sure that a big correction is coming. Title: Re: Bitcoin crash is inevitable Post by: adzino on February 17, 2021, 07:07:55 PM The more it goes up, the more correction it will have? What do you mean by "more correction"? It's not like the % of the correction is going to be higher the higher the price go. I doubt that's how correction works. Maybe we will see the price correcting it self by dropping at most 15%? Anything more is more like the price getting dumped and whales cashing in their profit. And I wouldn't be worried about corrections. Corrections are more likely to create a healthy market. New investors joins the community which means we will be seeing more adaptation of the crypto currencies.
But yeah, anyone who think the price will never dip are indeed naive. Title: Re: Bitcoin crash is inevitable Post by: DannyHamilton on February 17, 2021, 07:20:33 PM It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be. Your powers of prediction are really failing you, aren't they? I have a Bitcoin-qt wallet running in OSX Lion with only 1 address in it: 1Jaa7hidZ2PnmXhwfTyE3pKdjKT6WkQz4 This wallet/address received 1.0301101 BTC a bit more than 15 hours ago. It seems pretty clear that I didn't acquire my first bitcoin in 2021. I've been around long enough to know that it can be quite volatile. I've also been around long enough to know that there is a lot of nonsense trying to "predict" when a "top" or "bottom" will occur as well as what that "top" or "bottom" exchange rate will be. 99% of the predictions are wrong. Will it go up in the future? Almost certainly. Will it go down in the future? Almost certainly. If you buy today, will you have an opportunity to sell for more? Impossible to predict. If you don't buy today, will you miss out on some growth opportunity? Impossible to predict. Title: Re: Bitcoin crash is inevitable Post by: dupee419 on February 17, 2021, 07:26:30 PM True, without the dump there is no pump, it's unlikely to see the price go up without it having to go down, though with the last crash, the price went down for a bit and then went up once again, and it had something to do with the "Elon Musk Influence", not only that but even if Elon Musk has helped BTC reaching a new ATH, it is still inevitable and impossible for us not to see the crash of the price.
Title: Re: Bitcoin crash is inevitable Post by: cryptozanga on February 17, 2021, 07:46:17 PM True, without the dump there is no pump, it's unlikely to see the price go up without it having to go down, though with the last crash, the price went down for a bit and then went up once again, and it had something to do with the "Elon Musk Influence", not only that but even if Elon Musk has helped BTC reaching a new ATH for Bitcoin, it is still inevitable and impossible for us not to see the crash of the price of BTC. Exactly, it makes me laugh when there are people who believe that this will not stop rising, I totally agree that the BTC can reach 100K and probably in less than 2 years, but before that we will see a big correction, personally I was wrong since I thought that would be much earlier, this was due to the large investors that entered, but believe me it will happen. Title: Re: Bitcoin crash is inevitable Post by: ChiBitCTy on February 17, 2021, 08:04:29 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Says the newbie with 6 posts lol. We see your type around here plenty, people who come in just to talk shit about bitcoin. First of all, you don't have a clue nor does anyone else. People keep saying bitcoin is in a bubble, but you're foolishly ignoring the facts. Businesses like Microstrategy and Telsa have added it to their balance sheets, countless finance firms have either added it to their platform or their payment systems (paypal, venmo, cash app etc). There is still room for massive growth as other companies continue to express their supports. Do I think we will never drop below 50k again? Of course not, but to ignore all that is happening and claim that the higher it goes the worse the crash will be is straight up misguided. Title: Re: Bitcoin crash is inevitable Post by: cryptozanga on February 17, 2021, 08:14:40 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Says the newbie with 6 posts lol. We see your type around here plenty, people who come in just to talk shit about bitcoin. First of all, you don't have a clue nor does anyone else. People keep saying bitcoin is in a bubble, but you're foolishly ignoring the facts. Businesses like Microstrategy and Telsa have added it to their balance sheets, countless finance firms have either added it to their platform or their payment systems (paypal, venmo, cash app etc). There is still room for massive growth as other companies continue to express their supports. Do I think we will never drop below 50k again? Of course not, but to ignore all that is happening and claim that the higher it goes the worse the crash will be is straight up misguided. What the fuck does it have to do with having 6 posts? I have known Bitcoin for 6-7 years, in my right mind I think we will see a big correction, that's all. Title: Re: Bitcoin crash is inevitable Post by: Bitcoinislife09 on February 17, 2021, 08:29:51 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. In my opinion, bitcoin is the safest coin to invest in because it's the number cryptocurrency in the market and for long-term investment, you could guarantee to make a good profit. It's not really that bad to buy bitcoin at any price point in the market as long as your going to hold your bitcoin in the long term. But compared to if you only buy in the deeps or dumps of bitcoin there will be much more room to make a profit. At this point, we can't really buy bitcoin at a low market price anymore so the only option was to buy in the deeps or correction. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 17, 2021, 08:43:44 PM This is an historical Time for btc.
Please look at this post I made to understand the possible upside of btc for the next 10 years Remember this is speculation based on some facts. so 2021 11 trillion gold cap vs 1 trillion BTC cap may be 5 trillion gold cap vs 10-12 trillion BTC cap in 2030 To think this mere 50k is it is dumb. Play accordingly invest $100 a week if you can afford it to turn into 0 do it week after week after week DCA I see a 10-15x upside by 2030 that is 500k-750k vs current 50k Historically, we rarely get more than 6 month of highs, so don't expect to see a dollar soon. We may reach 60K by April or May as a maximum, but I would not be surprised if we settled for a longer time. If what happened in 2017 were to repeat, we would witness torpor for some time and then crazy spikes. Healthy growth requires a constant increase, slow correction like this, not crazy speculation. But if gold is going to be bigly mined on asteroids it will devalue like mad. gold is 11 trillion btc is 1 trillion. maybe in ten years gold is 5 trillion btc is 10 trillion maybe people in the know see the writing on the wall for gold as king of wealth storage Thus the real reason for btc growth is transfer of gold to btc. If so BTC has a huge upside. This is not a bull run. Like any other one for btc. WE never had every day of the year beat any and all ATH for any other time in BTC other than 2009. Look at this below Quote https://bitcointalk.org/index.php?topic=138109.msg56368498#msg56368498 BitStamp USD/BTC CoinFloor GBP/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC ------------------------ ----------------------- ----------------------- ----------------------- -------------------------- 1 2021-02-16 48,997 | 1 2021-02-14 35,325 | 1 2021-02-16 40,445 | 1 2021-02-14 62,046 | 1 2021-02-16 5,162,652 2 2021-02-14 48,746 | 2 2021-02-16 35,036 | 2 2021-02-14 40,324 | 2 2021-02-16 61,955 | 2 2021-02-14 5,102,687 3 2021-02-12 47,548 | 3 2021-02-12 34,454 | 3 2021-02-15 39,350 | 3 2021-02-12 60,686 | 3 2021-02-15 5,007,391 4 2021-02-15 47,515 | 4 2021-02-15 34,390 | 4 2021-02-12 39,318 | 4 2021-02-15 60,532 | 4 2021-02-12 4,993,437 5 2021-02-13 47,122 | 5 2021-02-13 34,184 | 5 2021-02-13 39,068 | 5 2021-02-13 60,301 | 5 2021-02-13 4,974,107 6 2021-02-11 46,872 | 6 2021-02-11 34,035 | 6 2021-02-11 38,664 | 6 2021-02-11 59,824 | 6 2021-02-09 4,889,502 7 2021-02-09 46,705 | 7 2021-02-09 33,771 | 7 2021-02-09 38,627 | 7 2021-02-09 59,095 | 7 2021-02-11 4,879,658 8 2021-02-10 45,554 | 8 2021-02-10 32,882 | 8 2021-02-10 37,629 | 8 2021-02-10 57,583 | 8 2021-02-10 4,789,692 9 2021-02-08 43,069 | 9 2021-02-08 31,367 | 9 2021-02-08 35,596 | 9 2021-02-08 54,955 | 9 2021-02-08 4,442,800 10 2021-01-09 40,348 | 10 2021-01-09 29,772 | 10 2021-02-06 33,057 | 10 2021-01-09 50,984 | 10 2021-01-09 4,189,918 11 2021-01-08 39,991 | 11 2021-01-08 29,727 | 11 2021-01-09 32,844 | 11 2021-02-06 50,653 | 11 2021-02-06 4,171,680 12 2021-02-06 39,835 | 12 2021-02-06 29,056 | 12 2021-01-08 32,672 | 12 2021-01-08 49,929 | 12 2021-01-08 4,123,916 13 2021-01-14 38,606 | 13 2021-01-14 28,497 | 13 2021-02-07 32,094 | 13 2021-01-14 49,229 | 13 2021-02-07 4,075,827 14 2021-02-07 38,571 | 14 2021-01-07 28,351 | 14 2021-01-14 31,840 | 14 2021-02-07 49,117 | 14 2021-01-10 4,071,622 15 2021-01-10 38,553 | 15 2021-01-10 28,256 | 15 2021-02-05 31,422 | 15 2021-01-10 48,796 | 15 2021-01-14 4,003,206 16 2021-01-07 38,299 | 16 2021-02-07 28,094 | 16 2021-02-04 31,274 | 16 2021-02-05 48,160 | 16 2021-02-05 3,972,736 17 2021-02-05 37,729 | 17 2021-02-05 27,589 | 17 2021-01-07 30,967 | 17 2021-02-04 47,914 | 17 2021-02-04 3,943,049 18 2021-02-04 37,458 | 18 2021-02-04 27,472 | 18 2021-01-10 30,814 | 18 2021-02-03 46,962 | 18 2021-01-07 3,940,384 19 2021-01-19 36,921 | 19 2021-01-19 27,115 | 19 2021-01-16 30,544 | 19 2021-01-16 46,912 | 19 2021-01-15 3,854,972 20 2021-01-15 36,803 | 20 2021-01-16 27,040 | 20 2021-01-19 30,490 | 20 2021-01-15 46,845 | 20 2021-01-19 3,835,782 21 2021-01-16 36,797 | 21 2021-02-03 26,885 | 21 2021-01-15 30,451 | 21 2021-01-07 46,824 | 21 2021-01-16 3,827,147 22 2021-02-03 36,640 | 22 2021-01-18 26,816 | 22 2021-02-03 30,404 | 22 2021-01-19 46,766 | 22 2021-02-03 3,816,459 23 2021-01-18 36,132 | 23 2021-01-15 26,799 | 23 2021-01-18 29,906 | 23 2021-01-18 46,224 | 23 2021-01-18 3,751,618 24 2021-01-29 35,574 | 24 2021-01-17 26,104 | 24 2021-01-17 29,308 | 24 2021-01-17 45,623 | 24 2021-01-29 3,710,865 25 2021-01-17 35,389 | 25 2021-01-29 26,094 | 25 2021-01-29 29,288 | 25 2021-01-29 45,428 | 25 2021-01-17 3,677,563 26 2021-01-06 34,979 | 26 2021-01-13 25,864 | 26 2021-02-02 29,013 | 26 2021-01-13 45,194 | 26 2021-01-20 3,638,207 27 2021-01-20 34,861 | 27 2021-01-06 25,727 | 27 2021-01-13 28,893 | 27 2021-02-02 44,658 | 27 2021-02-02 3,618,369 28 2021-02-02 34,861 | 28 2021-01-20 25,549 | 28 2021-01-20 28,855 | 28 2021-01-12 44,340 | 28 2021-01-12 3,610,230 29 2021-01-12 34,778 | 29 2021-02-02 25,518 | 29 2021-01-12 28,588 | 29 2021-01-20 44,278 | 29 2021-01-13 3,589,117 30 2021-01-13 34,751 | 30 2021-01-12 25,078 | 30 2021-01-06 28,416 | 30 2021-01-30 43,629 | 30 2021-01-06 3,587,351 31 2021-01-30 33,988 | 31 2021-01-30 24,738 | 31 2021-01-30 28,051 | 31 2021-02-01 43,109 | 31 2021-01-30 3,551,718 32 2021-02-01 33,790 | 32 2021-01-03 24,548 | 32 2021-02-01 27,962 | 32 2021-01-31 42,705 | 32 2021-01-11 3,521,604 33 2021-01-11 33,575 | 33 2021-01-25 24,363 | 33 2021-01-25 27,603 | 33 2021-01-25 42,333 | 33 2021-02-01 3,511,602 34 2021-01-25 33,485 | 34 2021-01-11 24,327 | 34 2021-01-11 27,453 | 34 2021-01-11 42,223 | 34 2021-01-31 3,493,845 35 2021-01-03 33,463 | 35 2021-02-01 24,286 | 35 2021-01-31 27,403 | 35 2021-01-06 41,789 | 35 2021-01-25 3,468,615 36 2021-01-31 33,299 | 36 2021-01-31 24,222 | 36 2021-01-21 26,678 | 36 2021-01-28 41,173 | 36 2021-01-03 3,457,542 37 2021-01-05 32,341 | 37 2021-01-05 23,716 | 37 2021-01-23 26,582 | 37 2021-01-23 41,137 | 37 2021-01-21 3,363,063 38 2021-01-23 32,331 | 38 2021-01-28 23,447 | 38 2021-01-03 26,548 | 38 2021-01-26 40,734 | 38 2021-01-23 3,359,913 39 2021-01-21 32,321 | 39 2021-01-21 23,380 | 39 2021-01-05 26,417 | 39 2021-01-24 40,553 | 39 2021-01-24 3,355,909 40 2021-01-24 32,091 | 40 2021-01-26 23,362 | 40 2021-01-28 26,354 | 40 2021-01-21 40,384 | 40 2021-01-28 3,325,020 41 2021-01-26 31,995 | 41 2021-01-23 23,349 | 41 2021-01-24 26,340 | 41 2021-01-05 39,706 | 41 2021-01-26 3,313,775 42 2021-01-28 31,973 | 42 2021-01-24 23,319 | 42 2021-01-26 26,272 | 42 2021-01-27 39,583 | 42 2021-01-05 3,288,363 43 2021-01-22 31,363 | 43 2021-01-22 22,953 | 43 2021-01-22 25,923 | 43 2021-01-22 39,391 | 43 2021-01-22 3,240,591 44 2021-01-02 31,348 | 44 2021-01-02 22,890 | 44 2021-01-27 25,391 | 44 2021-01-03 39,297 | 44 2021-01-04 3,211,787 45 2021-01-04 31,099 | 45 2021-01-04 22,545 | 45 2021-01-02 25,248 | 45 2021-01-04 38,339 | 45 2021-01-27 3,211,295 46 2021-01-27 30,809 | 46 2021-01-27 22,351 | 46 2021-01-04 24,961 | 46 2021-01-02 38,298 | 46 2021-01-02 3,190,696 47 2021-01-01 29,279 | 47 2021-01-01 21,429 | 47 2021-01-01 23,880 | 47 2021-01-01 36,510 | 47 2021-01-01 2,997,708 ... all top 47 days are in this year and no other year for all 5 currencies . That is an historical set of numbers. I only know that you simply can't compare this to any year ever. Which so far is really really good. It may be we go beyond 150k and then fall back. Why not? 150k is 3 x what we are but we are around 1 trillion value. gold is about 11 trillion value. Maybe we end the year with: btc market cap at 3.5 trillion gold market cap at 8.5 trillion Gold is not scarce https://theprint.in/opinion/giant-asteroid-has-gold-worth-700-quintillion-but-it-wont-make-us-richer/260482/ So how about the people in the know realize that gold will be easily mined and drop in value a shit ton. Good old BTC is right there to capture that value. To think that today all the gold is worth 11 trillion and that all the btc is worth 1 trillion is going to change quite a bit In ten years maybe btc is 10 trillion and gold drops to 5 trillion. why the fuck not. if so BTC will be 500,000 a coin Title: Re: Bitcoin crash is inevitable Post by: ningrum on February 17, 2021, 09:13:30 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. why not buy it at $ 50k? You shouldn't say that, say that polite guys, everyone here wants a price increase, and not to say stupid !, we are still in the bullish zone and the price of $ 50k is very strong, look! prices are above $ 50k now, of course people who buy at $ 50k are already making a profit, so we shouldn't be afraid, because everything is still good, to enter at $ 50k again, this month Bitcoin must stay at $ 50k! Title: Re: Bitcoin crash is inevitable Post by: Amph on February 17, 2021, 09:36:47 PM It seems to me that either you bought for the first time in 2021 or you have no idea how volatile this market can be. Your powers of prediction are really failing you, aren't they? I have a Bitcoin-qt wallet running in OSX Lion with only 1 address in it: 1Jaa7hidZ2PnmXhwfTyE3pKdjKT6WkQz4 This wallet/address received 1.0301101 BTC a bit more than 15 hours ago. It seems pretty clear that I didn't acquire my first bitcoin in 2021. I've been around long enough to know that it can be quite volatile. I've also been around long enough to know that there is a lot of nonsense trying to "predict" when a "top" or "bottom" will occur as well as what that "top" or "bottom" exchange rate will be. 99% of the predictions are wrong. Will it go up in the future? Almost certainly. Will it go down in the future? Almost certainly. If you buy today, will you have an opportunity to sell for more? Impossible to predict. If you don't buy today, will you miss out on some growth opportunity? Impossible to predict. of course they are, they are just delusional trying to drive the market where they want, they can not understand that the average value of bitcoin is always increasing, that's the only thing that matter not the top or bottom... Title: Re: Bitcoin crash is inevitable Post by: StreakW on February 17, 2021, 09:38:34 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this timeThis is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: keyscore44 on February 17, 2021, 09:50:49 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. It's true that the faster and higher the Bitcoin price jump up, the larger and sharper the correction will be. However, it is not yet possible to say at this point what the final ATH will be. If that bull run will continues for a year or two more, the final correction may not be all the way to $50k. So in my opinion, it's too early to judge that this is a bad time to buy. On the contrary - if the final ATH will be at $300k and someone decides to sell right then, buying now can be a very profitable investment. Title: Re: Bitcoin crash is inevitable Post by: Fakhrulenclix on February 17, 2021, 09:56:41 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. So you are waiting?? You wait until the price of Bitcoin correction, ok good decision but I want to ask you when the Bitcoin will correction?? You want to keep waiting until the train leaves you. No one knows when the best time to buy if you keep waiting until a big correction maybe you will regret your actionThis is not the time to buy, don't be a fool to buy at 50K. I don't think we will see a big correction now, Title: Re: Bitcoin crash is inevitable Post by: keyscore44 on February 17, 2021, 10:13:19 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. The more bitcoin goes up, the most correction it will. It's not always right, because Bitcoin has a support line, if the support line not broken, bitcoin will fly again. When Bitcoin reach $30K, $40K, many people think this is not a good time to buy, but now?? Yes I believe that we will see the correction but the most correction is not this timeThis is not the time to buy, don't be a fool to buy at 50K. Definitely, the rise is not forever. However, the support is strong right now as many companies are still buying bulk of bitcoin. And institutions keep on coming to say about integration of btc in their payment system. But everyone should be ready as it may correct anytime, and no one knows when. So if you are a trader or a holder, you should prepare your contingencies on what to do so as to maximize your profits. Actually, there is a big difference between a trader and a hodler in this case. In the case of hodlers, the matter is simple, because they believe that the price will increase and, despite the corrections (small or large), they do not care about the current situation, but hold until the price is satisfactory for them to sell. Traders have a more difficult position, but they have more options. If they are sure that the last correction is coming (after the last ATH before the bear market), they can play short and earn from the price drops. Title: Re: Bitcoin crash is inevitable Post by: arufox on February 17, 2021, 11:13:50 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. You know the thread call people who buy at $27000 are a fool (https://bitcointalk.org/index.php?topic=5304522.0), and now he learns something in the crypto world, and because we reach $50K, you make the same thread like him. People who invest their money in Bitcoin is not a fool, no matter when he buys it. Do you remember 2017 when are at the peak, maybe you call them fool when he buy at that time, but now they already take so much profits, You get the pointThis is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 18, 2021, 12:41:54 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Okay if you listened and did not buy at 50 k it now costs 52,400+ Ignore guys like this or anyone that tell you anything about buying it or not buying it. The down side is simply this 52.4 k can drop way down The up side is this: if btc becomes the gold standard it will approach 500k Decide what you can afford to lose each week and but some btc. Or don't. Title: Re: Bitcoin crash is inevitable Post by: matchi2011 on February 18, 2021, 01:16:27 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. And the rocket cotinue to fly, every decision being made should be analyze deeply, it's not easy to follow how trend will bring you good compensation. But if you just follow without any research, most of the time you'll lose your investment. There's correction that you need to anticipate but keeping your fate with understanding you have will save you from making mistakes. Title: Re: Bitcoin crash is inevitable Post by: Evilish on February 18, 2021, 01:31:37 AM Quote Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. I see your point and I understand that a correction is always around the corner but you didn't have to call us "fool". :D I might be a fool, and I might be naive, but this foolishness and naivety has made me a lot of money over the years. I do take profits every now and then though, so even if BTC crashes, while it would be heart wrenching, I'd still be up thousands of percent from my initial investment. Not that big a deal breaker. I would be a fool not to trust an investment that has always worked for me over so many years. And yes I will buy again in a few days no matter the price. Title: Re: Bitcoin crash is inevitable Post by: 777Jolami on February 18, 2021, 04:01:44 AM This is not the time to buy, don't be a fool to buy at 50K. Unfortunately, you didn't prepare and analyze the current market differences. Bitcoin can be vulnerable to underground whale attacks, with the community chasing that trend without the robustness and desire to chase a boon. But this year there are too many differences that you can see and benefit to trust. Bitcoin has become sexier than ever. Was it your mistake, or was it conservative to fud for a better buying advantage? LolA good trend towards leverage and motivation :)) https://www.fool.com/investing/2021/02/17/the-motley-fool-announces-5-million-investment-in/ (https://www.fool.com/investing/2021/02/17/the-motley-fool-announces-5-million-investment-in/) Title: Re: Bitcoin crash is inevitable Post by: danherbias07 on February 18, 2021, 04:24:20 AM "If not now, when?" Incubus. ;D
Who knows when the price will be dumped again. There is no assurance to it. One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites. Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take. The result will either be profit or loss. With loss though, you can still wait for another pump to come. Title: Re: Bitcoin crash is inevitable Post by: michellee on February 18, 2021, 08:31:14 AM "If not now, when?" Incubus. ;D Waiting for a while will be the best thing that he can do right now as the price now is down. If he can be patient, he will have the opportunity to buy at a low price. Until that time, he can keep analyzing the price moves because the opportunity will show anytime, so if he misses that, he will miss the chance to buy bitcoin. But if he can not get a good time to buy bitcoin, as long as he can buy low when the red candle appears, he can hold it until the price increase. But we do not know when the price will increase.Who knows when the price will be dumped again. There is no assurance to it. One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites. Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take. The result will either be profit or loss. With loss though, you can still wait for another pump to come. Title: Re: Bitcoin crash is inevitable Post by: keyscore44 on February 18, 2021, 09:08:07 AM "If not now, when?" Incubus. ;D Who knows when the price will be dumped again. There is no assurance to it. One thing we know for now is that it keeps on going up because of different event that had been happening in social media websites. Yes, a crash will happen but we cannot see the future so it's a risk one investor should be willing to take. The result will either be profit or loss. With loss though, you can still wait for another pump to come. I'm sure the OP speaks like this due to the fact that he knows the history of Bitcoin's price. And we must all agree that there is a correction after each bubble. Unfortunately, he did not include one very important thing. Every time there was a bubble in the Bitcoin price, the bull run was longer. In the present situation, the bull run could easily for next several months or even over a year. So even if there are small corrections during that time, it is still a very good idea to buy Bitcoin for $50k. Title: Re: Bitcoin crash is inevitable Post by: cryptozanga on February 18, 2021, 02:26:36 PM Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic.
Title: Re: Bitcoin crash is inevitable Post by: AakZaki on February 18, 2021, 02:50:25 PM correction or decline in bitcoin prices is inevitable and it will definitely happen. But the price reduction will still be controlled because there are still many investors who stick with Bitcoin. You may not know what Tesla buys Bitcoin at. It's possible they buy in the area of $ 40k or more. As a holder of Bitcoin and believe in bitcoin. Buying at $ 50k won't be a problem as they each have their own target price. There is a lot of speculation that Bitcoin will be able to hit $ 100k and it's still halfway there. Don't say stupid about buying Bitcoin at $ 50k, it's their decision, if you don't want to buy at a high price wait until the price is cheaper and cheaper (if that happens).
Title: Re: Bitcoin crash is inevitable Post by: arufox on February 18, 2021, 11:36:02 PM Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic. Your suggestion is very bad. You don't need to recommend everyone to buy Bitcoin, everyone has a target and they will buy it when their target is reached. And market correction will happen, you can't say "never go down again" because this statement builds from zero knowledge.But I agree with you that Bitcoin will continue to raise Title: Re: Bitcoin crash is inevitable Post by: adaseb on February 19, 2021, 05:16:56 AM Alot of people are looking at the Bitcoin MVRV Z-score and deciding when to sell. I think its currently on 7 and the red zone is around 7.5-10. Generally the last 3-4 peaks were within a 2 week period when this occured.
The formula is something like Market Cap - Realized Price / Std of Market Cap. So it basically goes up when the market cap increases but realized price stays the same. Meaning price sky rockets and people don't buy/sell and transact on the blockchain. So it seems we are close to the 7.5-10 area however last time we were at the same level, the BTC price had to almost double (11.2K to 20K) for the indicator to point at 10-11 Zscore. Hence if you rely on this indicator and sell when BTC hits $55-60K you might sell way too early because it still might hit like $95K. Title: Re: Bitcoin crash is inevitable Post by: ivankoh on February 19, 2021, 12:27:50 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. Your symptoms and condition, seemingly in a state of distress. This causes a lack of confidence. And I think your pain will last .This is not the time to buy, don't be a fool to buy at 50K. We have traction, organic impact, and the tuning that shows your hesitation becomes a waste. The best guess is what you believe, you see, not just what you think. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 19, 2021, 01:04:50 PM Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic. Nope I recommend that people see the upside is 500k in 10 years. vs the downside 25k in 10 years. Weigh the risk accordingly and decide what you can spend. Title: Re: Bitcoin crash is inevitable Post by: Questat on February 19, 2021, 01:50:03 PM Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic. Your suggestion is very bad. You don't need to recommend everyone to buy Bitcoin, everyone has a target and they will buy it when their target is reached. And market correction will happen, you can't say "never go down again" because this statement builds from zero knowledge.But I agree with you that Bitcoin will continue to raise But saying buy now because there is no chance to drop below $50k, I can't be wrong with that and usually, I don't close that possibility because anytime, the trend could be changed. And he is right actually, Bitcoin crash is inevitable... Title: Re: Bitcoin crash is inevitable Post by: FlightyPouch on February 19, 2021, 02:20:11 PM What's wrong with buying at $50K? I don't see any mistakes there since the price is still strong. If they bought at $50K, they already have a minimum profit of $2K. Saying that you can't just say that people should not buy at that price because no one knows when will it actually go low or go high. Who knows it might sprint to $60K, you might regret it for a long time.
Title: Re: Bitcoin crash is inevitable Post by: aioc on February 19, 2021, 02:44:51 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. You will end waiting for months and losing potential profit if you wait for the market to go down, when in fact is performing well, now, I don't know why you are thinking differently and negatively when the market is gearing for another all-time high to set, possibly $100k, if you think that way, that we should not buy at $50k then you should have a reason why Bitcoin will have a correction immediately when it's doing good. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 19, 2021, 02:50:41 PM Perfect, we recommend everyone to buy BTC at 50K since it will never go down again and so all of us who had BTC from before will continue to raise our assets, pathetic. Your suggestion is very bad. You don't need to recommend everyone to buy Bitcoin, everyone has a target and they will buy it when their target is reached. And market correction will happen, you can't say "never go down again" because this statement builds from zero knowledge.But I agree with you that Bitcoin will continue to raise But saying buy now because there is no chance to drop below $50k, I can't be wrong with that and usually, I don't close that possibility because anytime, the trend could be changed. And he is right actually, Bitcoin crash is inevitable... yes it will have a large price drop that will last a long time. But that we can go to 100k and then drop to 60k is possible rather than it will drop in a week to 25k-30k So while it has been a good rise in price to think it is falling off a cliff tomorrow is foolish. As I said it can go to 25k on the down side and 500k on the upside we are at 52k. weigh your risk and take it. hodl what you have sell 1/2 what you have add 1/2 to what you have whatever it is you want to do. Title: Re: Bitcoin crash is inevitable Post by: shield132 on February 19, 2021, 02:55:01 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. It's sad but a lot of people really think that it's peak times are the best ones to buy the bitcoin. I know a lot of people who sold houses and bought bitcoin when the price was 20K and I hugely believe the same situation is happening right now. Those people who bought bitcoin at 20K, don't even think about it and totally ignore it, calling it a scam. Maybe I would risk the current situation for daily trading but not for long term investment. Yeah, it's possible that this coin will rise, everything is possible when it comes to bitcoin but I wouldn't sleep well If I invested in bitcoins right now.This is not the time to buy, don't be a fool to buy at 50K. Halving is the best time to invest in and sadly a lot of people ignore this moment, they only come to bitcoin when they see a massive rise, the time when it's better to quite rather than to enter. Title: Re: Bitcoin crash is inevitable Post by: LUCKMCFLY on February 19, 2021, 08:30:31 PM Although it is not advisable to buy at highs, the moment now is very different from 2017 when there was the bullish trend, now the circumstances worldwide are different, we are living in a pandemic, and even so the price of Bitcoin has lived new highs, a new ATH.
Now a correction in full ATH is somewhat difficult, but not impossible, however, this ATH is arousing much more emotions for people, perhaps the big ones will start to sell little by little while many more will buy. Title: Re: Bitcoin crash is inevitable Post by: hahay on February 19, 2021, 09:08:58 PM Even if someone bought it yesterday for 50k, today they can still make a profit because the bitcoin price keeps hitting its new ATH and a few minutes ago it was already touching 55k. If you pay attention to the market movements in this bull run, then this is a new history unlike the previous bull run in 2017 whose value was untenable and fell rapidly. This bull run is a new history for bitcoin because the price continues to go up without any big corrections taking place and it is a very amazing history.
Title: Re: Bitcoin crash is inevitable Post by: StreakW on February 19, 2021, 09:20:16 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. Don't be a fool to buy at $50K and now we in $55k. Or maybe you will make a new thread say "dont be a fool to buy at $55K". And after Bitcoin reach $60K, you make a new thread again... LOLThis is not the time to buy, don't be a fool to buy at 50K. No one knows when the correction will happen and how dip Bitcoin's price will fall, so there is no fool for people who buy Bitcoin. If they patience, they will take profits Title: Re: Bitcoin crash is inevitable Post by: UnDerDoG81 on February 19, 2021, 09:36:44 PM Taking profits the way up is the way to go for me. If it really hits 200k, it could drop to these levels, down to 40k ish on the lowest, I believe.
Title: Re: Bitcoin crash is inevitable Post by: ene1980 on February 19, 2021, 10:00:14 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. The correction will be huge and there is no debate about it but it is hard to predict when we will see the correction. I might not personally invest when the market is rallying more than double than the last all time high valuation but there are investors that are willing to take the risk and so is the reason the market is rallying and it has crossed over $55k. This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: Hippocrypto on February 19, 2021, 11:15:40 PM Taking profits the way up is the way to go for me. If it really hits 200k, it could drop to these levels, down to 40k ish on the lowest, I believe. Hopefully you're predictions will be possible, I would love to see it's going down to what's cheaper just like before of bearish days. These days while at top price profit will be fun, but before price declines very fast we need to prepare and also take our share. Don't let this opportunity to go away but rather, be smart enough to decide selling before everything will be wasted. Title: Re: Bitcoin crash is inevitable Post by: Ziskinberg on February 19, 2021, 11:21:36 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. The correction will be huge and there is no debate about it but it is hard to predict when we will see the correction. I might not personally invest when the market is rallying more than double than the last all time high valuation but there are investors that are willing to take the risk and so is the reason the market is rallying and it has crossed over $55k. This is not the time to buy, don't be a fool to buy at 50K. May we think that we missed the opportunity but that is life, we can't correctly predict the trend and make a hold always, there's always a huge chance to weaken our hands and sell it earlier. Title: Re: Bitcoin crash is inevitable Post by: btc_angela on February 19, 2021, 11:25:58 PM Taking profits the way up is the way to go for me. If it really hits 200k, it could drop to these levels, down to 40k ish on the lowest, I believe. Of course, no one is preventing us to take profit at some time, but your scenario of $200k->$40k is highly unlikely at this point. We are in a bull run so I doubt that we will see a massive crash as traders and investors are looking for every opportunity to buy at every correction. Unless there is a covid-19 similar type of news that will crash the market to 60% or more. And with huge companies pumping the price closer to 6 digits, we might not see a bearish season soon. Title: Re: Bitcoin crash is inevitable Post by: Saisher on February 19, 2021, 11:43:05 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Market proves that you are wrong and you are a weak hands and a FUDS Bitcoin is now on the $56k mark and keeps getting strong so if they did not listen to you they already made a small profit, if they did follow your recommendation, they will blame you for posting this, market is still volatile, but still a good price to buy, Bitcoin is headed to $100k this year. Title: Re: Bitcoin crash is inevitable Post by: Quidat on February 19, 2021, 11:59:26 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Market proves that you are wrong and you are a weak hands and a FUDS Bitcoin is now on the $56k mark and keeps getting strong so if they did not listen to you they already made a small profit, if they did follow your recommendation, they will blame you for posting this, market is still volatile, but still a good price to buy, Bitcoin is headed to $100k this year. if it turns out to be moving on what you had anticipated. Make move on your own basing on your own analysis and that would really be worth of. Crashes is inevitable and cant be predicted this is why you should be wise on making selling and buying decisions. We do have our own risk management or simply talks about Plan A's or B's because if we do make ourselves sustainable in this market then that simply indicates that you are doing well or just fine. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 20, 2021, 12:00:25 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. The correction will be huge and there is no debate about it but it is hard to predict when we will see the correction. I might not personally invest when the market is rallying more than double than the last all time high valuation but there are investors that are willing to take the risk and so is the reason the market is rallying and it has crossed over $55k. This is not the time to buy, don't be a fool to buy at 50K. Correction is around the corner, so be very ready as price increase is indeed not forever. No one can tell you exactly when there will be correction, but you need to keep up with the market especially if you are planning to sell some of your satoshis. It is not all the time that we will see a straight line going up. So anytime, the position can be reversed. you know it is funny my block is a standard block for a street block so round the corner is pretty quick . The block across the street from me is 5.7 miles around and if you walked round the coroner on that block it is pretty long time. So which corner. I am thinking not the55k corner to the 60k corner I am thinking 90k. I simply sell as it goes up next sale is at 57k Title: Re: Bitcoin crash is inevitable Post by: iq_armando on February 20, 2021, 12:04:53 AM I think it's going to go up to about $ 60,000 and then it's going to fall, with its ups and downs to about $ 13,000 or less.
Title: Re: Bitcoin crash is inevitable Post by: UnDerDoG81 on February 20, 2021, 12:21:45 AM Taking profits the way up is the way to go for me. If it really hits 200k, it could drop to these levels, down to 40k ish on the lowest, I believe. Of course, no one is preventing us to take profit at some time, but your scenario of $200k->$40k is highly unlikely at this point. We are in a bull run so I doubt that we will see a massive crash as traders and investors are looking for every opportunity to buy at every correction. Unless there is a covid-19 similar type of news that will crash the market to 60% or more. And with huge companies pumping the price closer to 6 digits, we might not see a bearish season soon. It was just a sample. If we take the 20k ATH in 2017 and the drop to 3.5k. Times are different. But I will never forget the sentiment on the bullrun in 2017 where everybody was predicting 100k and that it will continue endless because its different than 2013 etc. YouTube channels were popping up. Everybody was euphoric and talked about Lambos and stuff. And most of us watched it dropping like a stone. I also have gone through the 2013/14 run as a newbie and both times I did not take one dollar of profit. This time will be different for me. It could go up to $1M and yet I will not regret start selling small percentages from around 50k€ up to wherever we go. Probably gonna sell 50-80% and IF we will have a bear market, surely get back in with maybe 50%. And about events. Believe me, they always find FUDs to drop the BTC price. One tweet about "Musk is selling", even if its unconfirmed rumor, and we see a 50% sell off. Title: Re: Bitcoin crash is inevitable Post by: Gatorelf on February 20, 2021, 12:51:59 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. A "correction" implies something is over valued. So you have place a value on BTC ? Its still an emerging market My best bud Rob told me every day ten years ago why he would not buy TSLA, it was overvalued he would say every week. This is when it was $24 a share and I was trying to explain its a "Game Changer" He cried correction every two weeks. I would explain first to market, has the name, has the man has the plan, has the tech. He would ignore my 30 years of market experience. When to depart the train is an individual decision based on needs and goals. Here we are 10 years later, 5 for 1 split later, 156 x initial investment later and TSLA is still capturing market share. BTC is still capturing market share, Rob never got on this train either. He is an electrical engineer who won Honeywell's "engineer of the year" while working at NASA. I tried to get him to start mining years ago as this seemed right up his ally, nope he wont even look into it. It takes vison and some people just don't have it. Title: Re: Bitcoin crash is inevitable Post by: Silberman on February 20, 2021, 01:35:50 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. And just a few days later bitcoin is up 10% since your comment, people that have been in this market for a long time do not have problems buying even now because they bought their coins at a cheaper price, so even if the price were to crash down their average buying price will still be below whatever level is reached when the price finally crashes, however I will admit that buying right now for the first time especially if you are a newbie is a risk and should be done with care if you do not want to lose money.This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: LUCKMCFLY on February 20, 2021, 01:39:04 AM I want to know how they can say that the correction will be so strong? under what grounds? If the market in general is now in very different circumstances than in 2017-2018, maybe a technical analysis or through chartism? If they argue something like this, they should show their analysis through the chart, and thus understand or see the point of view better.
Title: Re: Bitcoin crash is inevitable Post by: Gatorelf on February 20, 2021, 02:05:34 AM thinking of a "correction" as a downward trend can happen just from profit taking. Fund managers play the game now but the world is adapting.
Title: Re: Bitcoin crash is inevitable Post by: LogitechMouse on February 20, 2021, 05:48:37 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. So you are saying that Grayscale are a fool just because they are buying Bitcoin at a daily basis regardless of its price.This is not the time to buy, don't be a fool to buy at 50K. Different people have different belief when it comes to Bitcoin. I don't think that the word "fool" is the correct term for it. A person can be considered a fool when they are involved with crypto but they aren't holding any cryptocurrency until this moment. Well, correction will happen in the future but right now there is no sign that it will come in the next weeks or months. Title: Re: Bitcoin crash is inevitable Post by: Poker Player on February 20, 2021, 05:58:13 AM The problem with these posts is that they age very badly. The internet is full of posts and tweets, etc. saying that you shouldn't buy at $10 or $100 because the price was too high, or it was a bubble, and there was going to be a crash.
Just HODL. Title: Re: Bitcoin crash is inevitable Post by: Sled on February 20, 2021, 08:45:13 AM The problem with these posts is that they age very badly. The internet is full of posts and tweets, etc. saying that you shouldn't buy at $10 or $100 because the price was too high, or it was a bubble, and there was going to be a crash. Well, that supposed to understand the situation and we need to think also that the market can't be in hypes always. Thinking for the inevitable dump is not wrong, it is just a preparation for the incoming but very unfortunate since we don't know yet when it comes.Just HODL. if someone says don't buy because it will dump in the next day, or buy now because it pumps by tomorrow, it is for you to decide either to follow that person or not. Besides, we are taking the risk since before and we all know that it is really hard to predict, otherwise, we all just a loser of not taking the chance. Title: Re: Bitcoin crash is inevitable Post by: coin-investor on February 20, 2021, 11:37:16 AM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. fortunately, people are still buying they still have confidence that Bitcoin will continue to go up and the demand will still be high, if there will be a correction it will be on the $30k level, we have passed Bitcoin hard times, the situation is now way different from what we have experienced in the past, people have different look on the market and so far many investors are looking at it positively. Title: Re: Bitcoin crash is inevitable Post by: BuNga_cute on February 20, 2021, 01:22:21 PM Bitcoin price movements are difficult to predict, no one knows how long the Bitcoin price will rise. What is certain is that the correction will take place,
so if now you are getting profit, I suggest selling the Bitcoin that you have. Because if the price suddenly drops, we will definitely regret it. Unless indeed from the start investing in Bitcoin for the long term. When it comes to buying Bitcoin for $ 50k, that's not a stupid thing to do. Since the current price of Bitcoin has reached $ 57k, means that those who buy Bitcoin at a price of $ 50k now must be very happy, because they have made a profit. Title: Re: Bitcoin crash is inevitable Post by: hatshepsut93 on February 20, 2021, 06:47:23 PM I think it's going to go up to about $ 60,000 and then it's going to fall, with its ups and downs to about $ 13,000 or less. If the top will be only 6 times higher than the beginning of the bull run, then the bottom will also be higher than what you'd expect based on past performance. It really would make no sense to return to where we started from, after all this hype around institutional investments. 60k -> 20k is more real, or 80k -> 25k. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 20, 2021, 07:09:47 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. My death is inevitable. I was born in 1957 so most likely I will be dead before 2077 as most people don't get to be 120 years old. What you simply are missing is why are we at 57k btw your advice means your followers lost out on a 14% gain 50k to 57k. To place your bets so to speak on BTC price you need to come up with an upside number. and of course a down side number. In a time frame. I pick 2030 as I will be 73 and I won't be looking to invest and mine I would like to travel in 2030 the Downside number is $0 in 2030 the Upside number is 500k It is obvious how I get the downside number. How do I get the upside number. I add the value of BTC to the value of gold. About 1 trillion and 11 trillion is 12 trillion right now. I figure 100% inflation by 2030 so 24trill would be the combined value of BTC and Gold if ratio stays the same it is 2 trillion to 22 trillion. making btc worth 100k but due to the discovery of much gold on asteroids and the ability to mine it bring gold closer to a useful more common metal such as iron or lead. I feel btc has to be at a market cap of 6-11 trillion or 300k to 550k in 2030 Look at the fact below Musk buys btc Musk explores space Musk builds Tesla cars Nasa to check out a gold filled asteroid in 2022 Lots of gold is on asteroids close by A gold battery lasts 100x long than a lead battery Ford is fully converting to electric cards in Europe by 2030 So if BTC ends up storing wealth rather than gold and gold ends up in batteries instead of lead. your advice is really bad. Does this mean I will buy 350k worth of btc with all my 'safe' money no. But 300k stays in safe and 50k stays in btc. I come back to this in 2030. By the way this could be like leaving horse and buggy for cars. we now are leaving gas cars for electric cars and ol/coal/gas heat for electric heat. Title: Re: Bitcoin crash is inevitable Post by: El duderino_ on February 20, 2021, 07:17:41 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Just very few words for a troll as you... BUT As a store of value its just always the time to buy-enter if your looking for a best form as money available. If we (NOT you, please you don't buy and don't benefit from this asset) enter the BTC-market then its with a wel studied and good opinion why we enter and buy BTC. Real BTC'ers understand that the current monetair system is full of flaws and error etc.... You probably don't know but that will come. So we don't care if we buy and price drops, thats when we buy more and DCA as good as we can, don't worry about not buying at 50K ... you will be one of the peeps buying at 300K or whatever. But please let inflation first hit you, so when BTC hits 100-500-1mill or whatever you even have less of buying power cause of bad mindset and dumb approach of thinking about the BTC market. Title: Re: Bitcoin crash is inevitable Post by: El duderino_ on February 20, 2021, 07:23:31 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Does this mean I will buy 350k worth of btc with all my 'safe' money no. But 300k stays in safe and 50k stays in btc. Very nicely said, though I was willing to end my merit on your post but stumbled at this line... should be the other way around brother or at least 200-250K in btc and the rest in I don't know what you mean with safe.... I hope not FIAT.. but the rest of the savings in the "asset" you refer as safe for yourself. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 20, 2021, 09:27:47 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. Does this mean I will buy 350k worth of btc with all my 'safe' money no. But 300k stays in safe and 50k stays in btc. Very nicely said, though I was willing to end my merit on your post but stumbled at this line... should be the other way around brother or at least 200-250K in btc and the rest in I don't know what you mean with safe.... I hope not FIAT.. but the rest of the savings in the "asset" you refer as safe for yourself. When married for 35 years and the 'safe' money is all in my wife's name I am perfectly happy with 300 k in fed bonds at 1.1% interest. As I can easily justify holding 1 btc and stacking to it via mining. Yeah I know here safe money is bleeding but it is her money she earned. This year my btc will 2x due to mine and hodl. So if 1 btc becomes 2 btc jan 2022 which is pretty sure. It is just a question of 100k for each coin = win and the holds then become 303k safe and 200k in btc If op is correct and it crashes to 30k I will still have 2 maybe 2.2 btc due to easy mining. and that would be 60-66k worth of btc. I do see a 500k upside by 2030 as possible. I won'r be ancient at 73 and should have more than 5 btc by then or 2.5 million in fiat numbers if i am correct. Title: Re: Bitcoin crash is inevitable Post by: XCANA on February 20, 2021, 09:44:06 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. Yeah that's your opinion dude, those who bought Bitcoin back in those days when the price was around $30k thought that the price of Bitcoin won't move above that but currently the price of Bitcoin just hit another all time high of $57k+ which experts said might continue to grow in due course. Personally, buying bitcoin right now doesn't make the buyers fools, i would say buy on short-term and wait for the correction should be better IMO. This is not the time to buy, don't be a fool to buy at 50K. Title: Re: Bitcoin crash is inevitable Post by: justdimin on February 21, 2021, 03:51:45 PM Well, that supposed to understand the situation and we need to think also that the market can't be in hypes always. Thinking for the inevitable dump is not wrong, it is just a preparation for the incoming but very unfortunate since we don't know yet when it comes. The think about that is the fact that one of them is always wrong while the other one is always right. If someone tells you that bitcoin will go down so you should sell, they could be right in the short term because price could always drop, it could literally be 10k in a month, but that doesn't mean that it will stay like that so you know that in the long term that person is wrong and the price will go higher than what it is today, will even breach 100k+ one day, so you know they will always be wrong in the long term.if someone says don't buy because it will dump in the next day, or buy now because it pumps by tomorrow, it is for you to decide either to follow that person or not. Besides, we are taking the risk since before and we all know that it is really hard to predict, otherwise, we all just a loser of not taking the chance. Whereas the people who tell you to buy are right because they will definitely be in a good situation considering they will definitely be right in the long term the price of bitcoin always goes up, sure they could be wrong in the short term but in the end they will be right. That is the difference between those two people and you should pick the one that says buy bitcoin at all the times. Title: Re: Bitcoin crash is inevitable Post by: tygeade on February 22, 2021, 07:40:57 AM It is not "inevitable", that is not something we should be informing people with all the time. I have seen "crash incoming" things since price was 20k, it hasn't come and it may never come. I am not saying there will never be a crash neither, I can't know that but I (and you and anyone else) can't know if there is a guaranteed crash coming neither, it is not going to be guaranteed. So that means is that crash may or may not happen, that is the true situation, that "inevitable" makes people scared to go into bitcoin and buy more crypto with their fiat and when they are scared to buy more crypto that makes crypto not go up and the price of course crashes when people do not go into crypto, so by saying it will crash, you make it crash.
However if these huge companies keep pumping up money into bitcoin, there may not be a crash for a long long time, maybe ever, small corrections at 20-30% drop levels but that's about it. Title: Re: Bitcoin crash is inevitable Post by: Yamifoud on February 22, 2021, 08:00:29 AM It looks like this is not a bull's peak yet because the peak will go up many times over from history. 2018-early 2020 that market is in dip, most crypto holders are expecting the worse but as the halving takes place, it gives big hopes for everyone and we have this unexpected moment in crypto. at the beginning of 2017 bitcoin was only worth 1000 $ then at the end of the year it rose to 19200 $. so earlier this year just be opener maybe at its peak will be 300k $ or more, this is just my prediction. I believe that a market crash is inevitable but the same as the bullish can do. if we think that this year 2021 is just like a thing we experience last 2017, I don't think so. I see the sustainable growing market this year but that was too far hitting $300k, honestly. $100k is close to possible. Title: Re: Bitcoin crash is inevitable Post by: bakasabo on February 22, 2021, 08:02:25 AM Strange to read that topic started speak about correction, but named his topic name as "bitcoin crash". Also I've noticed that he is quite negative to bitcoin in his posts. According to him, bitcoin is a bubble it will crash and we are all fools if we buy right now.
Under the word "crash" I understand bitcoin price dropping to 0, or people creates a replacement for bitcoin. So far there no signs of any of that. Why nobody compares bitcoin to a spring, instead of bubble? Why no one thinks that the spring squeezes just to shot up ? Title: Re: Bitcoin crash is inevitable Post by: STT on February 22, 2021, 11:58:35 AM You've got to look at both sides not just an opinion of crypto but the larger market of dollar, the denominator in this market. So the OP sentence of must crash is the exact words of what occurs with dollar, excessive debt and the fact the world can use any FIAT not just one countries hence a large alteration to supply and demand. That's quite likely, I don't know its inevitable and because we have that background it means crypto is considered opposite and unlikely to crash as its an alternative. I consider the whole situation volatile but also unpredictable and few saw this rise as certain, I mostly expect a repeat of previous waves in price action.
Title: Re: Bitcoin crash is inevitable Post by: jaberwock on February 22, 2021, 06:00:20 PM Strange to read that topic started speak about correction, but named his topic name as "bitcoin crash". Also I've noticed that he is quite negative to bitcoin in his posts. According to him, bitcoin is a bubble it will crash and we are all fools if we buy right now. Unfortunately there are tons of people like that, even peter schiff who is a very famous gold bull keeps saying "yes bitcoin reached 50k, who knows maybe it will do 100k but eventually it will be zero whereas gold will always go up" like even when they are saying something "nice" they have to say it will never be something good, there are tons of people like that. Obviously speaking we can't always have people who are bull about bitcoin, I am not expecting the whole world to get into bitcoin and buy some, but I also do not understand why they are spending time being bearish on bitcoin neither.Under the word "crash" I understand bitcoin price dropping to 0, or people creates a replacement for bitcoin. So far there no signs of any of that. Why nobody compares bitcoin to a spring, instead of bubble? Why no one thinks that the spring squeezes just to shot up ? If you like bitcoin just buy it or do whatever with it, if you dislike it, all you have to do is not buying it, but to talk about how bad it is doesn't make sense to me at all, what does anyone gain from saying "bitcoin will be zero one day", so? Like what do they think we should do with that info? Title: Re: Bitcoin crash is inevitable Post by: Oilacris on February 22, 2021, 08:00:02 PM I also doubt. Not everyone can survive the age above 70 year, i hope you still alive until 2030 sir, and comeback here to see what will happen :) You arent God to give out those lifespan yet we can still really get over 70 depending on how we do handle out our body well while we are still young.You dont even know on whats his/her age at the moment. :D When it comes to crash then its not really that impossible.We have seen worst in the past and doesnt mean that we wont be seeing it again. Somehow if we do base up on the current condition in the market in terms of adoption then its on a different level but doesnt mean it will give out guarantee. Title: Re: Bitcoin crash is inevitable Post by: MiF on February 22, 2021, 10:19:05 PM Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive. This is not the time to buy, don't be a fool to buy at 50K. That doesn't sound fool for those wealthy people who has nothing to do about their money. They think of buying while hype continues to become trending and popularity of bitcoin also grows higher. Whales barely see a good future, even if $50k is somehow expensive, that's not even a problem because they had a lot of money to risk. Title: Re: Bitcoin crash is inevitable Post by: naikturun on February 23, 2021, 05:56:46 AM You arent God to give out those lifespan yet we can still really get over 70 depending on how we do handle out our body well while we are still young. yes i know but seen from the current condition of the earth maybe only about 25% of the total population can survive over 70 years.You dont even know on whats his/her age at the moment. :D his age now is 63years, he born in 1957 and if wait until 2030 he will 73years old :DWhen it comes to crash then its not really that impossible.We have seen worst in the past and doesnt mean that we wont be seeing it again. Somehow if we do base up on the current condition in the market in terms of adoption then its on a different level but doesnt mean it will give out guarantee. I know that's likely what he said crashes and inflation will always happen. Title: Re: Bitcoin crash is inevitable Post by: Reatim on February 23, 2021, 07:13:41 AM I also doubt. Not everyone can survive the age above 70 year, i hope you still alive until 2030 sir, and comeback here to see what will happen :) You arent God to give out those lifespan yet we can still really get over 70 depending on how we do handle out our body well while we are still young.and i believe that Yeah He'll be here upto that time comes You dont even know on whats his/her age at the moment. :D Well , we know how stupid many of accounts here , they don't even think before posting instead they are just relying on their own understanding on the matter. When it comes to crash then its not really that impossible.We have seen worst in the past and doesnt mean that we wont be seeing it again. We have seen so many of that so what does it matter if we will be having another one ? crash will happen but increase will come after , lets take this as in positive way.Somehow if we do base up on the current condition in the market in terms of adoption then its on a different level but doesnt mean it will give out guarantee. Title: Re: Bitcoin crash is inevitable Post by: bakasabo on February 23, 2021, 10:00:05 AM If you like bitcoin just buy it or do whatever with it, if you dislike it, all you have to do is not buying it True. No one if forces anyone to buy or sell anything. I think this is just a state of mind. These kind of people will always complain how something is not worth buying because it is too expensive, or not worth doing something. They see only negative in everything and poison everything around their negative. what does anyone gain from saying "bitcoin will be zero one day", so? Like what do they think we should do with that info? I would understand if someone famous and reputed would say that Bitcoin is a bubble and gives some explanations why. That person could speculate with such announcement. But reading from a newbie or no name that Bitcoin is a bubble does not make sense. Title: Re: Bitcoin crash is inevitable Post by: STT on February 23, 2021, 12:40:47 PM When one thing is sold you must also question what is being bought, there is no simple state where you only sell something. Thats only the point I'd try to make to avoid being too biased especially now with some panic for the longs. Dollar index isnt rising today, mostly BTC is priced in dollars though also various FIAT etc.
We dont yet have a harsh pullback environment imo, we have profit taking and a big frothy price is going to sell off sometimes and I dont call it a crash tbh. Im really not thinking this is whats happening, someone else will have to explain that to me. https://talkimg.com/images/2023/06/12/AjhbC.png A larger move forces me to post the wider context. Last trader I watched mentioned 48.5k but we are below that; also remember 4hr daily and weekly bars can trade below then recover and we may yet to recover is a scenario to consider on 4hr daily and weekly time frames. So 42k area is weekly average I think its quite reasonable as a target downside, i.e. possible bottom Title: Re: Bitcoin crash is inevitable Post by: naikturun on February 24, 2021, 09:43:42 AM Well , we know how stupid many of accounts here , they don't even think before posting instead they are just relying on their own understanding on the matter. dear smart reatim Thank you for the words, I take it as a compliment but have you read it at the beginning and immediately claim other people are stupid? Unfortunately you are far away if there is beside me I will definitely punch your face. he said that he will reach 70 years old when 2030 so I assumed his age this year and saw his account named philipma1957, so I thought that he was born in 1957 and that's true I calculated his age in 2030 will be over 70 years. have you seen that? Of course not because you are busy telling other people to be stupid without reading the beginning of this post. Title: Re: Bitcoin crash is inevitable Post by: Gatorelf on February 25, 2021, 09:40:08 AM [/quote] When married for 35 years and the 'safe' money is all in my wife's name I am perfectly happy with 300 k in fed bonds at 1.1% interest. As I can easily justify holding 1 btc and stacking to it via mining. Exactly, your investments should be directly related to your age for risk management. Recovery time is much easier for the under 30 group vs over 50 group. I liked your BTC to Gold comparison too btw. Silver the next ten years I believe will outperform Gold however as the demand from electric car industry continues. Title: Re: Bitcoin crash is inevitable Post by: fullhdpixel on February 27, 2021, 06:34:17 PM Exactly, your investments should be directly related to your age for risk management. Recovery time is much easier for the under 30 group vs over 50 group. I believe recovery time is not important considering it is very difficult for people to find money twice. If I ever end up with 500k dollars today, and I spend it on something that is idiotic and lose it, there is a big chance I may never find that kind of money ever again. I am not under 30 but I am just 30, so I can say that I could be in the group that suppose to recover faster, and I can say that it is not that simple.I liked your BTC to Gold comparison too btw. Silver the next ten years I believe will outperform Gold however as the demand from electric car industry continues. Specially in the current world we live in, people who have money can make more easily while people who do not have money could end up with nothing because the system is built to make poor people keep being poor whereas rich people stay rich. This is why if you ever end up with money, no matter what age you are in, just keep it safe and never let it go because that is the money that you might have to look at for the rest of your life. Title: Re: Bitcoin crash is inevitable Post by: philipma1957 on February 27, 2021, 06:55:53 PM Exactly, your investments should be directly related to your age for risk management. Recovery time is much easier for the under 30 group vs over 50 group. I believe recovery time is not important considering it is very difficult for people to find money twice. If I ever end up with 500k dollars today, and I spend it on something that is idiotic and lose it, there is a big chance I may never find that kind of money ever again. I am not under 30 but I am just 30, so I can say that I could be in the group that suppose to recover faster, and I can say that it is not that simple.I liked your BTC to Gold comparison too btw. Silver the next ten years I believe will outperform Gold however as the demand from electric car industry continues. Specially in the current world we live in, people who have money can make more easily while people who do not have money could end up with nothing because the system is built to make poor people keep being poor whereas rich people stay rich. This is why if you ever end up with money, no matter what age you are in, just keep it safe and never let it go because that is the money that you might have to look at for the rest of your life. Risk is fine. But it varies person to person. A single 25 year man has 40 to 60 years to revcover his losses. This person could be 25k safe 75k risky I used 100 total as he has had not the time to make a lot to invest. I am 63 I have 7 to 25 years to gain back my losses. so for me to be 300k safe and 50k risky works. Other factors wife and kids. My kids are dead so I do not need to save for them. I am looking to cash out down the road at 70 years old or 7 years from now. But as I said I have 300k safe and 50k at risk. I would hope the risk money grows to 150k-200k in 7 years. Gives me 450-500k for my older years If all coins die I still have the 300k safe money. BTW I do not have 300k safe and 50k at risk but my safe to risk is 6 to 1 ratio. Title: Re: Bitcoin crash is inevitable Post by: Philipma1957cellphone on March 09, 2021, 03:43:29 PM My only regret with btc is I am now 64. Would love to be 26 right now.
At 26 I would be 50-70% BTC the rest in cash. As I would have a different investment setup. |
