cjmoles
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October 28, 2016, 03:09:26 AM |
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The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.
I don't think so because where are people going to get the money to buy bitcoin? I think that it would be bad all the way around if there were another global depression, which a crash of the US dollar would surely precipitate. I think that if such an event actually occurred, the physical bartering of goods and services would become the preferred method of exchange because confidence would be lost in the current systems. |
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mirakal
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October 28, 2016, 03:30:29 AM |
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The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.
I don't think so because where are people going to get the money to buy bitcoin? I think that it would be bad all the way around if there were another global depression, which a crash of the US dollar would surely precipitate. I think that if such an event actually occurred, the physical bartering of goods and services would become the preferred method of exchange because confidence would be lost in the current systems. Definitely bitcoin is not gold as others are thinking, it is just a system that we are using to transact online for our needs and wants but the core system are widely dependent in fiat and if dollar crash it will greatly be affected since people are using fiat to trade their bitcoins. It will still boils down that fiat is still more powerful. |
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xIIImaL
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October 28, 2016, 03:42:32 AM |
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The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.
I do not know how you are speculating that bitcoin will not go up. Here value, adoption and all other criteria showing that bitcoin rising day by day with its potential. Nearly 50$ plus from last month to present in the price chart. |
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hajimasan
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October 28, 2016, 04:16:54 AM |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
i think this is the starting of new big crash . because the price ie increases sharply and continuously so i think it can cross the $1k per btc and this will leads in the result of huge bright future of btc . |
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clickerz
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October 28, 2016, 05:16:03 AM |
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For several times, I read posts that the big crash coming..But here we are, and seems bitcoin is still gaining. I men the cycle of up and down in trading is normal and we must prepare for it but being in fear mongering I think cant help. It can affect price to weak hands trader but its an opportunity to some,when they start dumping.
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freedomgo
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Activity: 3094
Merit: 1146
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October 28, 2016, 05:35:00 AM |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
i think this is the starting of new big crash . because the price ie increases sharply and continuously so i think it can cross the $1k per btc and this will leads in the result of huge bright future of btc . It does not mean that after every increase of price of bitcoin crash maybe next.. If has happened before because the price was a bubble but this time it's a legitimate increase and people are supporting bitcoin therefore it is progressive now.. Just trust fellas, crash will not take place.. |
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deisik
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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October 28, 2016, 09:47:42 AM |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
i think this is the starting of new big crash . because the price ie increases sharply and continuously so i think it can cross the $1k per btc and this will leads in the result of huge bright future of btc . It does not mean that after every increase of price of bitcoin crash maybe next.. If has happened before because the price was a bubble but this time it's a legitimate increase and people are supporting bitcoin therefore it is progressive now.. Just trust fellas, crash will not take place.. The OP is talking about overall economic crash and meltdown, not about any particular Bitcoin crash. You seem to have quoted the opening post without ever reading it. Regarding the topic itself, aren't we already on the verge of a big war? But the all-out war is one of the solutions to seemingly inextricable economic crises... So if the war doesn't happen (since it ceased to be a solution), should the overwhelming economic collapse inevitably follow? |
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CoinBreader
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October 28, 2016, 11:15:20 AM |
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im ready ! holding some btc,gold a civil war also would be cool , its not gonna last more than 1 week and all the debts will go to zero ! bring it on , guys it is just the story repeating its self... nothing more...
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Xenophoto
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October 28, 2016, 11:36:15 AM |
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For several times, I read posts that the big crash coming..But here we are, and seems bitcoin is still gaining. I men the cycle of up and down in trading is normal and we must prepare for it but being in fear mongering I think cant help. It can affect price to weak hands trader but its an opportunity to some,when they start dumping.
Would you be more delighted seeing a thread saying that "Big pump is coming" even if there's not? There's always a tendency to have a big crash and a big pump coming, we just don't know when it is exactly. At this moment, there's a big crash coming but we don't know at what date will it come. In any way, threads like this one doesn't affect the price of bitcoin so we're pretty safe. |
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Harry Callahan
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October 28, 2016, 03:30:18 PM |
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im ready ! holding some btc,gold a civil war also would be cool , its not gonna last more than 1 week and all the debts will go to zero ! bring it on , guys it is just the story repeating its self... nothing more...
If there is a war then the value of gold will rise and there will be a change in the price of bitcoin too,if you look at the recent price surge it is because the Chinese has started investing in bitcoin .If a single country could change the price of bitcoin like this what would happen when the people from all the economy torn countries start investing in bitcoin,it can easily cross $2k |
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Xetamin
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October 28, 2016, 04:43:58 PM |
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im ready ! holding some btc,gold a civil war also would be cool , its not gonna last more than 1 week and all the debts will go to zero ! bring it on , guys it is just the story repeating its self... nothing more...
If there is a war then the value of gold will rise and there will be a change in the price of bitcoin too,if you look at the recent price surge it is because the Chinese has started investing in bitcoin .If a single country could change the price of bitcoin like this what would happen when the people from all the economy torn countries start investing in bitcoin,it can easily cross $2k The bitcoin price will also rise during a war. All the enemy can use the bitcoin as the universal currency. |
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Johnyloco
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October 28, 2016, 04:55:13 PM |
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People wishing a war hoping bitcoin price will increase....
Yeah quite sick honestly.... I expect more resistance up here, maybe some big dumps around 750 or so. It doesn't seem to crash very soon. |
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PremiumCodeX
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October 28, 2016, 07:44:35 PM |
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Unless anything major happens, I think that BTC's price will stay about where it is now. Investors are panicking about Donald Trump and saying the stocks will fall if he's elected but I do not think that will hurt BTC.
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Robertqueen2
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October 28, 2016, 08:28:26 PM |
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Unless anything major happens, I think that BTC's price will stay about where it is now. Investors are panicking about Donald Trump and saying the stocks will fall if he's elected but I do not think that will hurt BTC.
I think Bitcoin won't be affected by this election, because both candidates don't have knowledge about Cryptocurrencies, but they should be guided by their advisors, howeverTrump as business man might give more consideration for Bitcoin. |
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ikydesu
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October 28, 2016, 08:47:48 PM |
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Unless anything major happens, I think that BTC's price will stay about where it is now. Investors are panicking about Donald Trump and saying the stocks will fall if he's elected but I do not think that will hurt BTC.
The price become more stable i think, although the scale is more gaps than other currency. it's proving if buy/sell have same level which the demand increased. Donald will not hurt bitcoin, because he will not elected  im ready ! holding some btc,gold a civil war also would be cool , its not gonna last more than 1 week and all the debts will go to zero ! bring it on , guys it is just the story repeating its self... nothing more...
If there is a war then the value of gold will rise and there will be a change in the price of bitcoin too,if you look at the recent price surge it is because the Chinese has started investing in bitcoin .If a single country could change the price of bitcoin like this what would happen when the people from all the economy torn countries start investing in bitcoin,it can easily cross $2k It will makes big buy wall then follow with big sell wall. |
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one-day0
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October 28, 2016, 09:23:33 PM |
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Unless anything major happens, I think that BTC's price will stay about where it is now. Investors are panicking about Donald Trump and saying the stocks will fall if he's elected but I do not think that will hurt BTC.
The price become more stable i think, although the scale is more gaps than other currency. it's proving if buy/sell have same level which the demand increased. Donald will not hurt bitcoin, because he will not elected im ready ! holding some btc,gold a civil war also would be cool , its not gonna last more than 1 week and all the debts will go to zero ! bring it on , guys it is just the story repeating its self... nothing more...
If there is a war then the value of gold will rise and there will be a change in the price of bitcoin too,if you look at the recent price surge it is because the Chinese has started investing in bitcoin .If a single country could change the price of bitcoin like this what would happen when the people from all the economy torn countries start investing in bitcoin,it can easily cross $2k It will makes big buy wall then follow with big sell wall. Nobody argues with the fact that the growing popularity of Bitcoin raises its price. So I think that the price will not fall sharply higher. No reason for this is no |
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n691309
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Activity: 1526
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October 28, 2016, 09:47:59 PM |
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We can expect big crash every time because the security of big exchanges can be broken any time and because of this the price of bitcoin will crash within a short period of time, but for the past recent months I can say that the price of bitcoin has been pretty stable.
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Doamader
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October 28, 2016, 10:38:54 PM |
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Without a major issue i doubt this will happen on the short period, bitcoin is recovering from the bitfinex hacker problem, in the general bitcoin is getting back to those values, and in the end of the year looks like people does use bitcoin for gifts for Christmas, thats the second year bitcoin will end with same readjust.
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Financial_Genius
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October 29, 2016, 09:34:22 AM |
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There is no rational method that would help determine the real value of bitcoins. In addition, measurement values, based on the indicators of circulation of bitcoins, is in itself wrong, because no circulation does not exist, and all transactions occurring since the money already have some value for people. And the frequency of circulation does not depend on the total stock of currency. Bitcoins are often traded only by the fact that there is such a possibility.
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botany
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October 29, 2016, 09:52:46 AM |
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Without a major issue i doubt this will happen on the short period, bitcoin is recovering from the bitfinex hacker problem, in the general bitcoin is getting back to those values, and in the end of the year looks like people does use bitcoin for gifts for Christmas, thats the second year bitcoin will end with same readjust.
I don't know why people are thinking that bitcoin will ever had to crash again as these bad incidents happened. No crash will happen again for this year as long as many people doesn't able to make some change and greediness out of bitcoin then bitcoin will not crash. And it is going to be more stable for a lot of years. More than stable, it seems to be on an uptrend now. Could this be the big bull rally that we are all waiting for? The signs for that happening are positive! |
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