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Author Topic: Big Crash coming  (Read 115400 times)
Xester
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February 23, 2017, 12:01:57 PM
 #1321

Im old at bitcoin, what im saying is that the price of bitcoin has raised again without any new to back up the jump, we are facing huge delay at confirmations, because looks like we have to raise the fees, and at this stage we can back to paypal as someone said already, and paypal will process the transaction instant, the big advantages of bitcoin are over in the general.

Not every price increase/decrease has to be backed by certain news. Right now people focus on the ETF that might get approved next month. But even without the potential ETF approval the sentiment was great already. You can't just discard the sentiment and say that this increase isn't backed by something. Just look at how well the price kept its position above the $1000 level. It means that people are confident

As to me, it looks more like a (bull) trap

Just like with other such events (e.g. IPOs, dividends, company takeovers and similar things), there are folks who have the first hand info (these are called insiders), and they might already be informed about the decision that the SEC is only going to announce. If the decision is to decline the establishment of the Bitcoin ETF (which is likely the case), it would be profitable to feed the market with fake news and rumors to boost up buying frenzy and then heavily short Bitcoin just on the eve of the announcement

That is true they want people to panic or to react to the approval of ETF. ETF approval is no big deal and what they are doing is to make this news as something significant and is a very big event for bitcoins. But I dont believe on those things anymore, if ETF will be approve and disapprove bitcoin will continue to rise in price.
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February 23, 2017, 12:17:33 PM
 #1322

Im old at bitcoin, what im saying is that the price of bitcoin has raised again without any new to back up the jump, we are facing huge delay at confirmations, because looks like we have to raise the fees, and at this stage we can back to paypal as someone said already, and paypal will process the transaction instant, the big advantages of bitcoin are over in the general.

Not every price increase/decrease has to be backed by certain news. Right now people focus on the ETF that might get approved next month. But even without the potential ETF approval the sentiment was great already. You can't just discard the sentiment and say that this increase isn't backed by something. Just look at how well the price kept its position above the $1000 level. It means that people are confident

As to me, it looks more like a (bull) trap

Just like with other such events (e.g. IPOs, dividends, company takeovers and similar things), there are folks who have the first hand info (these are called insiders), and they might already be informed about the decision that the SEC is only going to announce. If the decision is to decline the establishment of the Bitcoin ETF (which is likely the case), it would be profitable to feed the market with fake news and rumors to boost up buying frenzy and then heavily short Bitcoin just on the eve of the announcement

That is true they want people to panic or to react to the approval of ETF. ETF approval is no big deal and what they are doing is to make this news as something significant and is a very big event for bitcoins. But I dont believe on those things anymore, if ETF will be approve and disapprove bitcoin will continue to rise in price.
those days,the price has rise a lot,people believe that the etf will be approval?
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February 23, 2017, 01:27:14 PM
 #1323

Im old at bitcoin, what im saying is that the price of bitcoin has raised again without any new to back up the jump, we are facing huge delay at confirmations, because looks like we have to raise the fees, and at this stage we can back to paypal as someone said already, and paypal will process the transaction instant, the big advantages of bitcoin are over in the general.

Not every price increase/decrease has to be backed by certain news. Right now people focus on the ETF that might get approved next month. But even without the potential ETF approval the sentiment was great already. You can't just discard the sentiment and say that this increase isn't backed by something. Just look at how well the price kept its position above the $1000 level. It means that people are confident.
If ETF approved next is there any potential that bitcoin will continuously increase? or just the same price regularly movement on the price of bitcoin. I hope that there will be a jump happen and huge of investors will come to try bitcoin online. Volume of bitcoin is increasing however we do not know when this decrease.

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February 23, 2017, 09:44:25 PM
 #1324

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.
This guy was just creating FUD, nothing more.
Price is exploding and has crushed the ath within minutes instead of days! Grin
So quit acting like a blabbering monkey and just burn baby burnnn! Grin
lister storm
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February 23, 2017, 11:25:28 PM
 #1325

i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances

The world economy might crash. but the bitcoin price will rise.

Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see.

Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency
nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash.
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February 24, 2017, 12:07:00 AM
 #1326

i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances

The world economy might crash. but the bitcoin price will rise.

Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see.

Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency
nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash.
How can you be so sure about it? Bitcoin price seems to be very strong right now, but after the previous all time high in 2011 there was a huge crash, no one can say that it will not happen again.

 
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Ahab_Hunter_of_BearWhale
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February 24, 2017, 12:35:53 AM
 #1327

Should be a serious economic crises on the way, perhaps within 6 months to a year. Regardless of who became President in the USA, Trump or Hillary, the coming crash was pretty much locked in. P/E ratio hasn't been so skewed since .com crash or just before great depression times.
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February 24, 2017, 02:20:17 AM
 #1328

Ah look at that - a farcically typical hungry ~/Indian/ OP Engrish's us up some grand proclamations of predicting the precise moment when the extremely powerful (unfortunately) central banks and major governments will actually run out of the incredible amount of extorted power they've accumulated over the past century to continue "kicking the can" yet further down the road of monetary stupidity - and actually be overwhelmed by financial collapse - just in the same way as ZeroHedge has ordained us literally hundreds of global economic depressions of dooom in the last decade Roll EyesRoll Eyes

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February 24, 2017, 02:25:47 AM
 #1329

i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances

The world economy might crash. but the bitcoin price will rise.

Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see.

Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency
nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash.
How can you be so sure about it? Bitcoin price seems to be very strong right now, but after the previous all time high in 2011 there was a huge crash, no one can say that it will not happen again.
Yeah, anything could happen similar to the past. None can give an assured statement that bitcoin price falls soon or later. When we think of the world economy its expected to collapse this year as from the beginning of the year several economic imbalances were taking place.

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February 24, 2017, 06:12:37 AM
 #1330

i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances

The world economy might crash. but the bitcoin price will rise.

Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see.

Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency
nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash.
How can you be so sure about it? Bitcoin price seems to be very strong right now, but after the previous all time high in 2011 there was a huge crash, no one can say that it will not happen again.
Yeah, anything could happen similar to the past. None can give an assured statement that bitcoin price falls soon or later. When we think of the world economy its expected to collapse this year as from the beginning of the year several economic imbalances were taking place.
Yes anything could really happen anytime on bitcoins price and even we are seeing the new all time high price of bitcoin we cant still be sure if it would maintain its pace or not and would explode the bubble and decreasing the price again.

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February 24, 2017, 07:30:55 AM
 #1331

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.

There's no recent news of economic crisis as far as i know, unless trump suddenly declare bitcoin is evil. No crash for now and i see that the price is pretty stable and it's going up breaking the $1200 barrier today  Grin.

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Matarin
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February 24, 2017, 01:51:46 PM
 #1332

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.

There's no recent news of economic crisis as far as i know, unless trump suddenly declare bitcoin is evil. No crash for now and i see that the price is pretty stable and it's going up breaking the $1200 barrier today  Grin.

If he declares bitcoin evil, then all his business is evil.
severaldetails
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February 24, 2017, 02:36:21 PM
 #1333

i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances

The world economy might crash. but the bitcoin price will rise.

Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see.

Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency
nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash.
How can you be so sure about it? Bitcoin price seems to be very strong right now, but after the previous all time high in 2011 there was a huge crash, no one can say that it will not happen again.
Yeah, anything could happen similar to the past. None can give an assured statement that bitcoin price falls soon or later. When we think of the world economy its expected to collapse this year as from the beginning of the year several economic imbalances were taking place.
Yes anything could really happen anytime on bitcoins price and even we are seeing the new all time high price of bitcoin we cant still be sure if it would maintain its pace or not and would explode the bubble and decreasing the price again.
I do not think that the situation today can be compared to the crash in the end of 2013.
At that time the was the MtGox problem, and the cours increase before was much more rapidly than the increase today is.
I think that a price correction to about 1000$ can really happen, but I see no larger bubble building up.
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February 25, 2017, 10:24:21 AM
 #1334

i dont have Ny money left so i am not worried aboutany crashes.. by the way we can see the price at the highest levels so being crashed has a lot of chances

The world economy might crash. but the bitcoin price will rise.

Everything ends if to think philosophically. The new financial crisis is going to happen in the world who knows when, maybe it even will happen exactly cause of bitcoin. We will see.

Yes, if a lot of people will only use Bitcoin, then there is a big chance that the economy will suffer. It is for this reason that the government is wary of cryptocurrency
nothing would suffer but the governments that have way too much power when it comes to money and stuff like that, i think that big crash is not coming, of course there will be a drop after such a big growth but not a crash.
How can you be so sure about it? Bitcoin price seems to be very strong right now, but after the previous all time high in 2011 there was a huge crash, no one can say that it will not happen again.
Yeah, anything could happen similar to the past. None can give an assured statement that bitcoin price falls soon or later. When we think of the world economy its expected to collapse this year as from the beginning of the year several economic imbalances were taking place.
Yes anything could really happen anytime on bitcoins price and even we are seeing the new all time high price of bitcoin we cant still be sure if it would maintain its pace or not and would explode the bubble and decreasing the price again.
I do not think that the situation today can be compared to the crash in the end of 2013.
At that time the was the MtGox problem, and the cours increase before was much more rapidly than the increase today is.
I think that a price correction to about 1000$ can really happen, but I see no larger bubble building up.

We also have more users and the market cap is much larger.
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February 25, 2017, 03:06:36 PM
 #1335

Big Crash Coming 2016....... opps maybe not  Shocked

Maybe this year, if you keep saying shit like this you gotta be right sometime.....lol  Grin
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February 25, 2017, 07:34:17 PM
 #1336

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.

There's no recent news of economic crisis as far as i know, unless trump suddenly declare bitcoin is evil. No crash for now and i see that the price is pretty stable and it's going up breaking the $1200 barrier today  Grin.

I do not see any prerequisites for the collapse. Bitcoin is just stronger, and its rate increased significantly. This is a very good trend.
The economic situation in many countries is difficult, but the war is not, I'm sure
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February 25, 2017, 08:48:15 PM
 #1337

Should be a serious economic crises on the way, perhaps within 6 months to a year. Regardless of who became President in the USA, Trump or Hillary, the coming crash was pretty much locked in. P/E ratio hasn't been so skewed since .com crash or just before great depression times.
i think there nothing such to happen in near future they have a very strong and stable economic condition as compare to other countries therefore i do not think that any such think can be possible in near future.

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February 28, 2017, 06:11:48 PM
 #1338

Should be a serious economic crises on the way, perhaps within 6 months to a year. Regardless of who became President in the USA, Trump or Hillary, the coming crash was pretty much locked in. P/E ratio hasn't been so skewed since .com crash or just before great depression times.
i think there nothing such to happen in near future they have a very strong and stable economic condition as compare to other countries therefore i do not think that any such think can be possible in near future.

I think the PE ratio is too high. If there is an interest rise, it will crash the market.
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February 28, 2017, 06:45:20 PM
 #1339

has much to say that soon bitcoin crashes will happen, but I guess it's just to say to people who feel panic when the price of bitcoin down. Well, I do not believe it. besides, bitcoin will surely have a high price, and stable.

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March 01, 2017, 09:21:43 AM
 #1340

The chances for FED to raise interest rates are as high as %85 right now. Next FED meeting is on March/15.

If they keep raising rates like this, (and they should do it btw) most of the Emerging Markets will be destroyed. And ME countries won't be the only ones to be affected by this. Some European countries also will get fucked.

Countries which depend so much on tourism incomes are most likely to get fucked.

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