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Author Topic: Big Crash coming  (Read 115345 times)
MichealKnightrider
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June 14, 2016, 04:37:48 AM
 #501

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.

definitely. Like Mike Maloney said in his video series, 2008 was just a threat of deflation and the real deflation will come much later. It's funny though to see how the house prices has again soared after the crisis.

Over investment kills, man. Can't overstate that.

It's being done all the time, but it's way too hard. You need coordination, and you need a big amount of BTc, that's why few people can pull it off.
Most of the people that actually manipulate prices are in private groups that are very secretive and are confirmed millionaires.

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June 15, 2016, 07:54:17 AM
 #502

It will not happen this year and in the coming years, we are in the way to the moon again due to the consistent price increase and with this to continue to happen we will see a good future. The demand is increasing and that is more important for bitcoins to have a successful future.
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June 15, 2016, 09:01:26 AM
 #503

Bitcoin has a lot of press at this point and a lot of technical people already know what it is and have decided to buy in or not but we are still seeing growth.
We can see a steady and significant increase which over time appears to show exponential growth.
Current soaring of price is happening in very short amount of time so we can expect that we see price downfall after halving soon.

Possibilities really are their for big crash since people at that time will intended to sell all their coins they have and that events can really be a great factor for bitcoins price to get down and one thing im really hoping to see is bitcoin price will not be down under to 500$ because that price can still profitable for us.

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June 15, 2016, 01:05:04 PM
 #504

Bitcoin has a lot of press at this point and a lot of technical people already know what it is and have decided to buy in or not but we are still seeing growth.
We can see a steady and significant increase which over time appears to show exponential growth.
Current soaring of price is happening in very short amount of time so we can expect that we see price downfall after halving soon.

Possibilities really are their for big crash since people at that time will intended to sell all their coins they have and that events can really be a great factor for bitcoins price to get down and one thing im really hoping to see is bitcoin price will not be down under to 500$ because that price can still profitable for us.

We all can smell the big crash coming in bitcoin. The reason for this is the current price sudden rise and whenever the price rises suddenly there are many chances  that it wont stay at a high price for a very long time and sooner due to any reason the price will fall all of a sudden. But due to immense demand of this currency, it is highly unlikely that price will drop below 500$.
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June 15, 2016, 01:14:54 PM
 #505

What's with the sudden drop in $30? It has climbed back though.

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June 15, 2016, 01:21:18 PM
 #506

On what way bitcoin will go,,2 days have passed and bitcoin is playing around 670-690, i wonder what will.be the next route of bitcoin,is it going down right now or will resume its rising.
JeanMcCoy
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June 15, 2016, 01:39:04 PM
 #507

That is not coming soon and that is because you can already see now that the value of Bitcoin will become higher and that is really nice for Bitcoin itself.
And many people around this time are just holding their coin and that is really nice for themselves because they can earn maybe earn some profit soon.
NewInCryptoCurrency
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June 15, 2016, 01:42:55 PM
 #508

I dont think there is a crash coming so i dont think you should all believe this because just one guy is saying this we have to see what happen with the bitcoin.
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June 15, 2016, 01:47:29 PM
 #509

I dont think there is a crash coming so i dont think you should all believe this because just one guy is saying this we have to see what happen with the bitcoin.
The crash will only happen after halving ,cause huge amount of.btc will be sold.
And thats the start of bitcoin crashing down.
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June 15, 2016, 01:56:28 PM
 #510

Have you ever wondered what you gonna do with bitconis if you don't have any internets?  Huh

Some guys say there will be a civil war, world war etc... and some countries will be destroyed for good. If a country gets damaged so much do you think there will be any value of bitcoins as there won't be any internet to use them? Bitcoin won't be 10k$, it will be 0$ in a time like that. Everybody will be searching for food, water, shelter. Nobody will give a flying fck about bitcoin and its price.

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June 15, 2016, 01:57:28 PM
 #511

That will not going to happen and that is because it will takes a long time until the value will rise slowly so we need the patience for it to wait for a higher value.
But you have to know that Bitcoin is always changing so it is hard to know what will happen in the future with the value.
But it is possible since when suddenly price increases it may be some type of bulb and it is likely that we see price drop after halving.
most probably we will see the price fall after the halving as most people will start selling their bitcoins in order to make the most profit out of it possible though i doubt that the fall will be big

That means that the fall should actually happen before the halving since most people will try to front run what they think most people are going to do (i.e. dump their coins after the halving)

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June 15, 2016, 01:58:26 PM
 #512

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.
why are you telling people big crash is comming from witch bron did you got this because i never heard early about a big crash coming so dont scare people off.
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June 15, 2016, 02:01:46 PM
 #513

Have you ever wondered what you gonna do with bitconis if you don't have any internets?  Huh

Some guys say there will be a civil war, world war etc... and some countries will be destroyed for good. If a country gets damaged so much do you think there will be any value of bitcoins as there won't be any internet to use them? Bitcoin won't be 10k$, it will be 0$ in a time like that. Everybody will be searching for food, water, shelter. Nobody will give a flying fck about bitcoin and its price

I can even add that in such circumstances (Mad Max scenario) nobody would give a fuck about any money (which wouldn't be gold), not just Bitcoin

CoinsRoyal
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June 15, 2016, 02:35:23 PM
 #514

This is such a bullshit how do you mean big creaash is coming i dont understand why you are telling us this meanwhile it is not happening yet dont scare peopel off with this.
mindrust
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June 15, 2016, 02:38:25 PM
 #515

Have you ever wondered what you gonna do with bitconis if you don't have any internets?  Huh

Some guys say there will be a civil war, world war etc... and some countries will be destroyed for good. If a country gets damaged so much do you think there will be any value of bitcoins as there won't be any internet to use them? Bitcoin won't be 10k$, it will be 0$ in a time like that. Everybody will be searching for food, water, shelter. Nobody will give a flying fck about bitcoin and its price

I can even add that in such circumstances (Mad Max scenario) nobody would give a fuck about any money (which wouldn't be gold), not just Bitcoin

I don't think USA will get the same fate as the others but who knows... But yeah, Gold is the only way in a time like that. At the same time, it is clear that bitcoin won't survive because it purely depends on internet. When a cable gets bombarded, when the electricity is off, we all gonna get fcked. I wouldn't hold a currency which depends on so many fragile technologies.

I would hold USD and Gold but definitely not bitcoins.

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June 15, 2016, 02:49:31 PM
 #516

Have you ever wondered what you gonna do with bitconis if you don't have any internets?  Huh

Some guys say there will be a civil war, world war etc... and some countries will be destroyed for good. If a country gets damaged so much do you think there will be any value of bitcoins as there won't be any internet to use them? Bitcoin won't be 10k$, it will be 0$ in a time like that. Everybody will be searching for food, water, shelter. Nobody will give a flying fck about bitcoin and its price

I can even add that in such circumstances (Mad Max scenario) nobody would give a fuck about any money (which wouldn't be gold), not just Bitcoin

I don't think USA will get the same fate as the others but who knows... But yeah, Gold is the only way in a time like that. At the same time, it is clear that bitcoin won't survive because it purely depends on internet. When a cable gets bombarded, when the electricity is off, we all gonna get fcked. I wouldn't hold a currency which depends on so many fragile technologies

Highly urbanized countries will suffer most in case of a Mad Max scenario

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June 16, 2016, 11:01:19 AM
 #517

It will not happen this year and in the coming years, we are in the way to the moon again due to the consistent price increase and with this to continue to happen we will see a good future. The demand is increasing and that is more important for bitcoins to have a successful future.
Yes exactly. There is a very bright future for bitcoiners and for bitcoin as well, your prediction is little bit more crazy I think.  Grin The bitcoin' market is going to reach every where rather getting restricted in many countries !

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June 17, 2016, 01:04:01 AM
 #518

Bitcoin has a lot of press at this point and a lot of technical people already know what it is and have decided to buy in or not but we are still seeing growth.
We can see a steady and significant increase which over time appears to show exponential growth.
Current soaring of price is happening in very short amount of time so we can expect that we see price downfall after halving soon.

Possibilities really are their for big crash since people at that time will intended to sell all their coins they have and that events can really be a great factor for bitcoins price to get down and one thing im really hoping to see is bitcoin price will not be down under to 500$ because that price can still profitable for us.
Yes, all of people are waiting for halving so they start selling and there will be inflation of selling bitcoins in that time so I am enthusiastically waiting to track market movements in that time.

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June 17, 2016, 02:41:02 AM
 #519

It will not happen this year and in the coming years, we are in the way to the moon again due to the consistent price increase and with this to continue to happen we will see a good future. The demand is increasing and that is more important for bitcoins to have a successful future.
Yes exactly. There is a very bright future for bitcoiners and for bitcoin as well, your prediction is little bit more crazy I think.  Grin The bitcoin' market is going to reach every where rather getting restricted in many countries !


A lot people are holding their coins till the block halving as they believe the price will go up significantly. so yes, there will be a lot people securing profits when the price has gone up. it will cause the price to rise and fall down but it will recover after some months in 2017. it's a normal market action.
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June 17, 2016, 09:36:35 AM
 #520

This post is from January but still has a good point that there WILL be people taking profits at all levels within the rally. We have seen it at $600, $700, and now prematurely before $800 at ariumd the $770 level. So yes selling pressure is increasing.
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