milewilda
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August 27, 2016, 09:40:56 AM |
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Low rates lead to highly speculative decisions. This is a bomb being armed. I believe FED and other central banks are well aware of that.
do you think they will try to stop it? are bank still in competition with bitcoin, or they are just ging to work on their blockchain? i hope bitcoin can recover from the last crash and be stronger than ever Bitcoin always recovers and that is the reality, if ever big crash will happen I am pretty sure I am gonna but cheap bitcoins due to some panic selling because I trust bitcoins so much that it can recover. We have survive a major crash in the past so we are more stable and stronger now. I agree that bitcoin prices are more stable now compared to earlier, but I don't know whether it is correct what you said is always recover prices. Because bitcoin prices were over 1000 couple of years back and until now it never recovered that price so when you make a decision to buy think whether selling panic selling or any logic behind that selling otherwise your money may be stuck for years to recover. We can say normally that bitcoins price is slowly stabilizing compared to previous years as same as you said. I remember that time that bitcoin price pump at $1k and goes down again. One of the characteristics of bitcoin is its volatility and no one really knows when and what price would be in the future. |
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Jiamaf
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August 27, 2016, 10:27:15 AM |
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Low rates lead to highly speculative decisions. This is a bomb being armed. I believe FED and other central banks are well aware of that.
do you think they will try to stop it? are bank still in competition with bitcoin, or they are just ging to work on their blockchain? i hope bitcoin can recover from the last crash and be stronger than ever Bitcoin always recovers and that is the reality, if ever big crash will happen I am pretty sure I am gonna but cheap bitcoins due to some panic selling because I trust bitcoins so much that it can recover. We have survive a major crash in the past so we are more stable and stronger now. I agree that bitcoin prices are more stable now compared to earlier, but I don't know whether it is correct what you said is always recover prices. Because bitcoin prices were over 1000 couple of years back and until now it never recovered that price so when you make a decision to buy think whether selling panic selling or any logic behind that selling otherwise your money may be stuck for years to recover. We can say normally that bitcoins price is slowly stabilizing compared to previous years as same as you said. I remember that time that bitcoin price pump at $1k and goes down again. One of the characteristics of bitcoin is its volatility and no one really knows when and what price would be in the future. If the block size is small and the transaction confirmation time is long, not many people will use the bitcoin. The price will be lower. |
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Shiroslullaby
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August 27, 2016, 07:09:55 PM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage.
Its not like the MtGox days which was, honestly, just the bursting of a bubble like the US housing market a few years ago.
You might not get rich quick, but you probably won't go broker overnight, either.
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pearnapple
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August 27, 2016, 09:56:37 PM |
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Low rates lead to highly speculative decisions. This is a bomb being armed. I believe FED and other central banks are well aware of that.
you are right, if the price is lower then you can actually make a lot of money because sooner or later people will pump the price way up |
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mirakal
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August 28, 2016, 08:12:32 AM |
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Low rates lead to highly speculative decisions. This is a bomb being armed. I believe FED and other central banks are well aware of that.
you are right, if the price is lower then you can actually make a lot of money because sooner or later people will pump the price way up That is the trend in bitcoin, when there is a price fall back it always followed by a major increase of price, to take advantage of the opportunity we need to buy more bitcoins base on our capacity, as long as you will only invest what you can afford to lose then you are good to go. |
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deisik
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August 28, 2016, 08:25:13 AM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at |
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1Referee
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August 28, 2016, 09:05:20 AM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at It's a monstrous amount for sure. However, it's funny that the theft of around $68 million resulted in the market cap to drop with a few $ billion. It took us so long to build it up, and it takes a few minutes to break it down.... |
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deisik
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August 28, 2016, 09:12:37 AM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at It's a monstrous amount for sure. However, it's funny that the theft of around $68 million resulted in the market cap to drop with a few $ billion. It took us so long to build it up, and it takes a few minutes to break it down.... It was more like a knee-jerk reaction. But without doubt someone had profited from it handsomely (and I don't mean thieves). Besides that, I don't think that the price would be much different right now if there had been no Bitfinex hack at all... If the stolen coins never enter trading again (for whatever reason), the hack could actually prop up the price in the long run |
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1Referee
Legendary
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Activity: 2170
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August 28, 2016, 10:42:38 AM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at It's a monstrous amount for sure. However, it's funny that the theft of around $68 million resulted in the market cap to drop with a few $ billion. It took us so long to build it up, and it takes a few minutes to break it down.... It was more like a knee-jerk reaction. But without doubt someone had profited from it handsomely (and I don't mean thieves). Besides that, I don't think that the price would be much different right now if there had been no Bitfinex hack at all... If the stolen coins never enter trading again (for whatever reason), the hack could actually prop up the price in the long run The price was indeed due for a drop, but I am however not sure if it would take the price to below $600 levels. Even if the coins stay untouched for at least a few years, then it's also good. Less circulating coins means less potential selling pressure on the market. Did Bitfinex publicly share the addresses where the stolen coins have gone to? |
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deisik
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August 28, 2016, 10:51:05 AM
Last edit: August 28, 2016, 02:15:54 PM by deisik |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at It's a monstrous amount for sure. However, it's funny that the theft of around $68 million resulted in the market cap to drop with a few $ billion. It took us so long to build it up, and it takes a few minutes to break it down.... It was more like a knee-jerk reaction. But without doubt someone had profited from it handsomely (and I don't mean thieves). Besides that, I don't think that the price would be much different right now if there had been no Bitfinex hack at all... If the stolen coins never enter trading again (for whatever reason), the hack could actually prop up the price in the long run The price was indeed due for a drop, but I am however not sure if it would take the price to below $600 levels. Even if the coins stay untouched for at least a few years, then it's also good. Less circulating coins means less potential selling pressure on the market. Did Bitfinex publicly share the addresses where the stolen coins have gone to?I don't know if this information is publicly available. Rumors have surfaced that it was an inside job or even a successful scam attempt. As I got it, Bitfinex is operating right now (I was able to login to my old account and asked for a password reset). It seems that they are following the steps of Bter after it was hacked in February, 2015, i.e. promising to repay the hacker victims later on in full... But Bter never lived up to their promises, and by now it has become a miserable and despicable shadow of its former self |
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Doamader
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August 28, 2016, 12:31:40 PM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at It's a monstrous amount for sure. However, it's funny that the theft of around $68 million resulted in the market cap to drop with a few $ billion. It took us so long to build it up, and it takes a few minutes to break it down.... It was more like a knee-jerk reaction. But without doubt someone had profited from it handsomely (and I don't mean thieves). Besides that, I don't think that the price would be much different right now if there had been no Bitfinex hack at all... If the stolen coins never enter trading again (for whatever reason), the hack could actually prop up the price in the long run The price was indeed due for a drop, but I am however not sure if it would take the price to below $600 levels. Even if the coins stay untouched for at least a few years, then it's also good. Less circulating coins means less potential selling pressure on the market. Did Bitfinex publicly share the addresses where the stolen coins have gone to?I don't know if this information is publicly available. Rumors have surfaced that it was an inside job or even a successful scam attempt. As I got it, Bitfinex is operating right now (I was able to login to my old account and asked for a password reset). It seems that they are following the steps of Bter when it was hacked in February, 2015, i.e. promising to repay the hackery victims later on in full... But Bter never lived up to their promises, and by now it has become a miserable and despicable shadow of its former self Thats the big problem bitfinex were running for a while, why the hacker has attacked just now and just took a part of the coins, anwway almost all people do you it were a inside job made, i dont believe they can recover really, who will trade their knowing what happened already? I dont believe bitcoin price can go down, but it should keep growing and soon hit again the 600 dollars and find support to keep there. |
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rekinthis
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August 28, 2016, 05:02:39 PM |
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Low rates lead to highly speculative decisions. This is a bomb being armed. I believe FED and other central banks are well aware of that.
do you think they will try to stop it? are bank still in competition with bitcoin, or they are just ging to work on their blockchain? i hope bitcoin can recover from the last crash and be stronger than ever nothing will stop it if the price of the bitcoin started crashing, and it might be impossible to avoid it if the crash is going to be really fast, that would be disastrous |
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1Referee
Legendary
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Activity: 2170
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August 28, 2016, 08:43:48 PM |
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If you have some extra cash and don't mind sitting on it, BTC is probably still a pretty safe investment.
I don't think there will be any huge crash. Even the recent BitFinex hack only caused a little bit of damage
The price had started moving south even before the Bitfinex hack happened. It might have added somewhat to this downward trend when it just happened (that long red candle down to $465 at Bitstamp), but it was neither the cause of it, nor did it seriously accelerate it at the end of the day... In any case, 120,000 bitcoins instantaneously withdrawn from trading is not something to sneeze at It's a monstrous amount for sure. However, it's funny that the theft of around $68 million resulted in the market cap to drop with a few $ billion. It took us so long to build it up, and it takes a few minutes to break it down.... It was more like a knee-jerk reaction. But without doubt someone had profited from it handsomely (and I don't mean thieves). Besides that, I don't think that the price would be much different right now if there had been no Bitfinex hack at all... If the stolen coins never enter trading again (for whatever reason), the hack could actually prop up the price in the long run The price was indeed due for a drop, but I am however not sure if it would take the price to below $600 levels. Even if the coins stay untouched for at least a few years, then it's also good. Less circulating coins means less potential selling pressure on the market. Did Bitfinex publicly share the addresses where the stolen coins have gone to?I don't know if this information is publicly available. Rumors have surfaced that it was an inside job or even a successful scam attempt. As I got it, Bitfinex is operating right now (I was able to login to my old account and asked for a password reset). It seems that they are following the steps of Bter after it was hacked in February, 2015, i.e. promising to repay the hacker victims later on in full... But Bter never lived up to their promises, and by now it has become a miserable and despicable shadow of its former self I am also suspecting an inside job. Especially because of how tight they are on any kind of information that might help to trace the coins. They offer a reward of $3.6 million for the person that can make the coins come back to where they belong, but that will be a damn hard job without them handing over at least the addresses of where the coins have gone to. That would be the first step for people to possibly get a glimpse of where these coins are heading to. Bitfinex knows exactly what it is doing. They are probably hiding behind the excuses of that it isn't allowed to be handing over address details because of ongoing investigations. Then what's the point of this $3.6 million reward. This just smells. |
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tradingbtcoin
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August 28, 2016, 08:49:10 PM |
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crash is definitely not going to happen any time soon at least i hope for it
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BitLinkInvestments
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August 28, 2016, 09:39:40 PM |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
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kotwica666
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August 29, 2016, 04:48:57 AM |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
I don't believe that it is going to happen and either to come with bitcoin. But maybe if that is going to happen with the economy of US then the USD is going to be affected at all and since the value of bitcoin is depending on the price of USD. Then value of bitcoin is going to be affected. But let's be positive that it is not going to happen. It will not be crush as you predict.. Check what is going on with Deutsche Bank and you will see first steps to big black hole that they made.. America will stay on Oil but Europeans Banks will goes down.. Greece, now Italia, next will be Germany.. they are strong but on credit.. GB is already out.. France shortly will understand that is catching wrong way and will say thank you Merkel! It will be one - maybe two years.. Buy Bitcoin, and fuck the politics! |
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Jasad
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= jasad =
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August 29, 2016, 06:18:02 AM |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
I don't believe that it is going to happen and either to come with bitcoin. But maybe if that is going to happen with the economy of US then the USD is going to be affected at all and since the value of bitcoin is depending on the price of USD. Then value of bitcoin is going to be affected. But let's be positive that it is not going to happen. first of all things that can affected to bitcoin price are not depends on the US dollar price , there are many factors that can make bitcoin going up and down , the most affected factor are about supply and demand , the big crash will happened only if there is market manipulation, fiat crisis and no investor interest at same time. |
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deisik
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August 29, 2016, 06:25:01 AM
Last edit: August 29, 2016, 07:01:25 AM by deisik |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
I don't believe that it is going to happen and either to come with bitcoin. But maybe if that is going to happen with the economy of US then the USD is going to be affected at all and since the value of bitcoin is depending on the price of USD. Then value of bitcoin is going to be affected. But let's be positive that it is not going to happen. It will not be crush as you predict.. Check what is going on with Deutsche Bank and you will see first steps to big black hole that they made.. America will stay on Oil but Europeans Banks will goes down.. Greece, now Italia, next will be Germany.. they are strong but on credit.. GB is already out.. France shortly will understand that is catching wrong way and will say thank you Merkel! It will be one - maybe two years.. Buy Bitcoin, and fuck the politics! I have heard rumors that Deutsche Bank is not doing quite well now, but nothing substantial beyond this. Could you expand more on what is happening to it (in a few words), or give a link to a piece telling more? Regarding the fate of the EU, it was yet another attempt at restoring the Roman Empire. GB falling off fits well into the last days of it... Remember the Thousand-Year Reich? |
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BTCSpearo
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August 29, 2016, 06:42:20 AM |
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Deutsche Bank, Monte Pasci and many others are going down and they will take a lot of non-EU banks with them, Janet will start QE4 before she ever raises rates again. The whole damn world has gone insolvent and whether the "crisis" begins the day after the U.S. election or sometime later in 2017 is a matter of debate, but its coming and its going to be ugly. Get ready for the "Everything Bubble".
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dunfida
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August 29, 2016, 06:53:10 AM |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
I don't believe that it is going to happen and either to come with bitcoin. But maybe if that is going to happen with the economy of US then the USD is going to be affected at all and since the value of bitcoin is depending on the price of USD. Then value of bitcoin is going to be affected. But let's be positive that it is not going to happen. first of all things that can affected to bitcoin price are not depends on the US dollar price , there are many factors that can make bitcoin going up and down , the most affected factor are about supply and demand , the big crash will happened only if there is market manipulation, fiat crisis and no investor interest at same time. Very true, not only usd would affect but all circumstances that affects the supply and demand same as you said. Big crash would happen if theres an economic crises of all holders of huge amount of bitcoin or investors. and also if no one already buy bitcoin for sure it would crash to the bottom. |
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