Big Crash coming

[pacifista]

Where is it? Im waiting for the big crash youve been saying,all i see is green and going up into sky. Hope it will go further until the next year. 

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[STT]

Central banks all over the world have been controlling the national fiat currencies since the very inception of fiat (the term itself is telling a lot about this). And this control coexisted pretty well along with capitalism in most developed countries for many decades if not centuries. Also, why would the government allow anyone to mine the national cryptocurrency but their citizens exclusively?

For me, it is like being a public employee in Finland and demand payment in American dollars.

Almost every government allows foreigners to earn their currency.  I can tender for government contracts from Finland even if I live the other side of the world, they want the best product available.
To only allow mining within the citizens of one country is a different policy, its been a long time since we excluded free trade like that.   Long ago it was acknowledged that its better to allow each nation or set of peoples to find the best price and product to provide to the rest of the world.   It was outlined as comparative advantage a couple centuries back, free trade was denied in the 1930's within the USA leading to very harsh trading but Im not sure thats acknowledged.  I presume similar negatives would happen now for any force applied by government vs the normal liberty and freedom most western nations are accustomed to

[tee-rex]

Central banks all over the world have been controlling the national fiat currencies since the very inception of fiat (the term itself is telling a lot about this). And this control coexisted pretty well along with capitalism in most developed countries for many decades if not centuries. Also, why would the government allow anyone to mine the national cryptocurrency but their citizens exclusively?

For me, it is like being a public employee in Finland and demand payment in American dollars.

Almost every government allows foreigners to earn their currency.  I can tender for government contracts from Finland even if I live the other side of the world, they want the best product available

But I was not talking about foreigners earning national currency. Public sector employees which are hired by the government are expected to get their salaries in the national currency. I don't mean diplomats or people that work abroad. If you still don't get my point, think about one government trying to issue another government's money without the explicit consent of the latter. This money would be unreservedly and invariably declared as counterfeit.

In fact, such attempts at printing foreign currency did happen in history before, and the outcome was quite predictable.

[Facinat]

Central banks all over the world have been controlling the national fiat currencies since the very inception of fiat (the term itself is telling a lot about this). And this control coexisted pretty well along with capitalism in most developed countries for many decades if not centuries. Also, why would the government allow anyone to mine the national cryptocurrency but their citizens exclusively?

For me, it is like being a public employee in Finland and demand payment in American dollars.

Almost every government allows foreigners to earn their currency.  I can tender for government contracts from Finland even if I live the other side of the world, they want the best product available

But I was not talking about foreigners earning national currency. Public sector employees which are hired by the government are expected to get their salaries in the national currency. I don't mean diplomats or people that work abroad. If you still don't get my point, think about one government trying to issue another government's money without the explicit consent of the latter. This money would be unreservedly and invariably declared as counterfeit.

In fact, such attempts at printing foreign currency did happen in history before, and the outcome was quite predictable.

If a government adopts the bitcoin, the  Public sector employees which are hired by the government can also earn bitcoin.

[freedomgo]

Central banks all over the world have been controlling the national fiat currencies since the very inception of fiat (the term itself is telling a lot about this). And this control coexisted pretty well along with capitalism in most developed countries for many decades if not centuries. Also, why would the government allow anyone to mine the national cryptocurrency but their citizens exclusively?

For me, it is like being a public employee in Finland and demand payment in American dollars.

Almost every government allows foreigners to earn their currency.  I can tender for government contracts from Finland even if I live the other side of the world, they want the best product available

But I was not talking about foreigners earning national currency. Public sector employees which are hired by the government are expected to get their salaries in the national currency. I don't mean diplomats or people that work abroad. If you still don't get my point, think about one government trying to issue another government's money without the explicit consent of the latter. This money would be unreservedly and invariably declared as counterfeit.

In fact, such attempts at printing foreign currency did happen in history before, and the outcome was quite predictable.

If a government adopts the bitcoin, the  Public sector employees which are hired by the government can also earn bitcoin.

Not all people can earn with bitcoin otherwise it's too easy, in the event we earn there are people who loses or if we are promoting a company, we are paid by our service but in the form of bitcoin.

[iamTom123]

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.

Year 2016 is about to end and so far we still have to wait for the fulfillment of all of these predictions. I know that many experts are already warning about this possibility of economic dislocation and possible collapse of the world economy but to put a date on those things can be so hard as events may not be happening as we foresee them. War is coming that can engulfed the world but may not be directly involving those countries you mentioned.

Anyway, I am still looking forward to the fruits of my Bitcoin-based investments and programs so I am thinking that soon we can still have a bright future. And I am hoping that this last prediction can really come true.

[Natalim]

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.

Year 2016 is about to end and so far we still have to wait for the fulfillment of all of these predictions. I know that many experts are already warning about this possibility of economic dislocation and possible collapse of the world economy but to put a date on those things can be so hard as events may not be happening as we foresee them. War is coming that can engulfed the world but may not be directly involving those countries you mentioned.

Anyway, I am still looking forward to the fruits of my Bitcoin-based investments and programs so I am thinking that soon we can still have a bright future. And I am hoping that this last prediction can really come true.

Yeah, 2016 is about to end and honestly it's the most wonderful year for me not only that the price have increase significantly but this year gives me a good opportunity to earn bitcoin. Hope, the success that bitcoin has been having now will continue in the coming years.

[goldcoinminer]

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.

Year 2016 is about to end and so far we still have to wait for the fulfillment of all of these predictions. I know that many experts are already warning about this possibility of economic dislocation and possible collapse of the world economy but to put a date on those things can be so hard as events may not be happening as we foresee them. War is coming that can engulfed the world but may not be directly involving those countries you mentioned.

Anyway, I am still looking forward to the fruits of my Bitcoin-based investments and programs so I am thinking that soon we can still have a bright future. And I am hoping that this last prediction can really come true.

Yeah, 2016 is about to end and honestly it's the most wonderful year for me not only that the price have increase significantly but this year gives me a good opportunity to earn bitcoin. Hope, the success that bitcoin has been having now will continue in the coming years.

I think history is just repeating itself, if you are an earlier adopter of bitcoin the price did even reach $1,200 before the Mt. Gox incident. And I say that this is not just the only year that bitcoin became wonderful. We can expect more to come together with some crash but that is not that big that we are thinking.

What do you mean repeating? I have a feeling that this time will not be a failure of bitcoin anymore. It must be understood that earlier years was just experimental and we are here now to be stronger, and if you have notice the price, the increase was not that abrupt like what happen in the past.

[tee-rex]

I think history is just repeating itself, if you are an earlier adopter of bitcoin the price did even reach $1,200 before the Mt. Gox incident. And I say that this is not just the only year that bitcoin became wonderful. We can expect more to come together with some crash but that is not that big that we are thinking.

Price reached $1,200 because Mt. Gox back then was the only one big Bitcoin exchange. They manipulated the price so high to avoid people withdrawing funds from it. It is said that a huge amount of bitcoins had been stolen earlier, and the exchange owner tried to cover his failure by using a bot that had been constantly bidding the price up. It couldn't last forever, and once everything came to light, Mt. Gox went bust and Bitcoin price collapsed.

There is no evidence that history is repeating itself.

[Positid]

I think history is just repeating itself, if you are an earlier adopter of bitcoin the price did even reach $1,200 before the Mt. Gox incident. And I say that this is not just the only year that bitcoin became wonderful. We can expect more to come together with some crash but that is not that big that we are thinking.

Price reached $1,200 because Mt. Gox back then was the only one big Bitcoin exchange. They manipulated the price so high to avoid people withdrawing funds from it. It is said that a huge amount of bitcoins had been stolen earlier, and the exchange owner tried to cover his failure by using a bot that had been constantly bidding the price up. It couldn't last forever, and once everything came to light, Mt. Gox went bust and Bitcoin price collapsed.

There is no evidence that history is repeating itself.

Definitely the current situation is just real, the past was an experience that makes us more mature nowadays. If you notice the price increase, you can tell that it's gradual and that would simply mean it's not manipulated, it's the real demand and supply.

[GregH37]

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.

Year 2016 is about to end and so far we still have to wait for the fulfillment of all of these predictions. I know that many experts are already warning about this possibility of economic dislocation and possible collapse of the world economy but to put a date on those things can be so hard as events may not be happening as we foresee them. War is coming that can engulfed the world but may not be directly involving those countries you mentioned.

Anyway, I am still looking forward to the fruits of my Bitcoin-based investments and programs so I am thinking that soon we can still have a bright future. And I am hoping that this last prediction can really come true.

Yeah, 2016 is about to end and honestly it's the most wonderful year for me not only that the price have increase significantly but this year gives me a good opportunity to earn bitcoin. Hope, the success that bitcoin has been having now will continue in the coming years.

Yes, I also think so. To me I think 2016 is also too much successful. I think it is right to say that 2016 was the year of bitcoin, the price of bitcoin really increase too much and hope that the increasing trend of bitcoin price will also continue in 2016, it is also hope that in 2017 bitcoin is going to cross all time high price.

[Rinder]

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.

Year 2016 is about to end and so far we still have to wait for the fulfillment of all of these predictions. I know that many experts are already warning about this possibility of economic dislocation and possible collapse of the world economy but to put a date on those things can be so hard as events may not be happening as we foresee them. War is coming that can engulfed the world but may not be directly involving those countries you mentioned.

Anyway, I am still looking forward to the fruits of my Bitcoin-based investments and programs so I am thinking that soon we can still have a bright future. And I am hoping that this last prediction can really come true.

Yeah, 2016 is about to end and honestly it's the most wonderful year for me not only that the price have increase significantly but this year gives me a good opportunity to earn bitcoin. Hope, the success that bitcoin has been having now will continue in the coming years.

Yes, I also think so. To me I think 2016 is also too much successful. I think it is right to say that 2016 was the year of bitcoin, the price of bitcoin really increase too much and hope that the increasing trend of bitcoin price will also continue in 2016, it is also hope that in 2017 bitcoin is going to cross all time high price.

You know that the jump from 250-300 dollars we had last year, and the jump of 400-600 dollars were all about speculation about the halving, soo the miners and whales pumped bitcoin before the real moment, that made several people buy bitcoin at 700 dollars before the halving, without the halving we wouls stand at 400-500 dollars, sure it were an amazing year for bitcoin, even with some bad news connected to it, at 2017 its expected a bigger community due the megaupload project.

[crockoo]

At the moment, there is no reason to think about the fall of Bitcoin. On the contrary, there are all prerequisites for the growth of its price. I believe in Bitcoin

[deisik]

At the moment, there is no reason to think about the fall of Bitcoin. On the contrary, there are all prerequisites for the growth of its price. I believe in Bitcoin

I also believe in Bitcoin

Though maybe not as unreservedly as many others here and there. Now we see a huge support for Bitcoin from buyers in India, where the national government seems to have followed the lead of their neighbor, China, and started heavily devaluing the Rupee, their national currency. Unlike their Chinese colleagues, the Indian government doesn't seem to control it as firmly, and instead of manageable, gradual and a sort of timid devaluation of the Renminbi, we've got more spectacular fall of the Rupee against the US dollar recently. Or the rise of the dollar against the Rupee as on the chart below:



And the Bitcoin price not going lower during the recent TX congestion may be a direct result of the increased demand from the Indian buyers

[bitcoinisbest]

At the moment, there is no reason to think about the fall of Bitcoin. On the contrary, there are all prerequisites for the growth of its price. I believe in Bitcoin

Yes if consider the present situation there is no big news coming up unless if Trump announces against the cyptocurrency then the fall will be big infact the bitcoin may even crash else seems to grow for now.

[tee-rex]

Yes, I also think so. To me I think 2016 is also too much successful. I think it is right to say that 2016 was the year of bitcoin, the price of bitcoin really increase too much and hope that the increasing trend of bitcoin price will also continue in 2016, it is also hope that in 2017 bitcoin is going to cross all time high price.

You know that the jump from 250-300 dollars we had last year, and the jump of 400-600 dollars were all about speculation about the halving, soo the miners and whales pumped bitcoin before the real moment, that made several people buy bitcoin at 700 dollars before the halving, without the halving we wouls stand at 400-500 dollars, sure it were an amazing year for bitcoin, even with some bad news connected to it, at 2017 its expected a bigger community due the megaupload project.

We can't really say at which price we would have been and whether it would be 400-500 dollars but for the halving. The only thing that we can be sure of, the halving has its effect and this effect is still being felt. The price didn't go down when the network was said to be under attack a few days ago. This can be interpreted as a lot of demand around $700. If the supply didn't diminish, miners would likely have been selling their coins now which the halving has taken away from them.

[J Gambler]

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.

What is the main reason why there are big crash comming in 2016 economy as i can see the bitcoin price really hit the price at $724 Dollars and we don't need to worry if the price will decrease into or fall apart at the range of $600 or less but i know bitcoin will be more greater in the year of 2017.

[robiulawal]

What a prediction.
I think you should get a Oscar for your opinion..
But one thing I let you know
wheather bitcoin rate crosses 10000$ but
The world war is coming..
be prepared for that

[Achargeturry78]

I don't believe at this that some countries or in west country are going to be banned bitcoin and they're not going to adopt bitcoin anymore they started a legacy and then removing it? How come because there goverment don't want this coin is that what you meant? Hmm i don't see any reason that big crash will going to hit bitcoin soon we are on the top right now and then fall apart?

[Technicrate]

I don't believe at this that some countries or in west country are going to be banned bitcoin and they're not going to adopt bitcoin anymore they started a legacy and then removing it? How come because there goverment don't want this coin is that what you meant? Hmm i don't see any reason that big crash will going to hit bitcoin soon we are on the top right now and then fall apart?

The bitcoin is an ordinary commodity like iphone or other digital goods. If it is banned, then many things will be banned.