2016 crash has begun!

[manis]

There was not a $500 climb in one week. It raised to $500 but that is another story. Of course it is manipulation as it always is to start the ball rolling. It is not crazy that they can manipulate in the slightest. It makes perfect sense because even though you see a so large market, it is peanuts in the scheme of things and is not large. Rich getting richer is not new news its been happening since the creation of gold receipts/money.
Duck/OP you may get lucky and be right one day. i doubt it but its possible.

Wrong week! Back in December 2013 it went from $450 to $950 in 7 days (though, to be fair, it dipped to $450 first).

Wow, people who invested in that week would be over the moon.
I don't think we will have another week like that going forward.

[Bazelak]

There was not a $500 climb in one week. It raised to $500 but that is another story. Of course it is manipulation as it always is to start the ball rolling. It is not crazy that they can manipulate in the slightest. It makes perfect sense because even though you see a so large market, it is peanuts in the scheme of things and is not large. Rich getting richer is not new news its been happening since the creation of gold receipts/money.
Duck/OP you may get lucky and be right one day. i doubt it but its possible.

Wrong week! Back in December 2013 it went from $450 to $950 in 7 days (though, to be fair, it dipped to $450 first).

Wow, people who invested in that week would be over the moon.
I don't think we will have another week like that going forward.

The market capitalistion of bitcoin is much larger than three years ago. So it is quite difficult to move it either way.

[LMGTFY]

The market capitalistion of bitcoin is much larger than three years ago. So it is quite difficult to move it either way.

Interestingly enough, that's not correct - market cap was $8175 MM on 18 November 2013, it's $6549 MM as of 4 January 2016. Remember that market cap is a function of price, as well as number of coins.

Edit: I was out by a week - I should have used Coindesk's market cap as of 25 November 2013, to match the week where BTC/USD rose by $500. Market cap on 25 November 2013 was $11803 MM, the ATH, so the point still stands!

[Cheap Ass]

*apocalyptic music plays in the background* 

[pitham1]

Begun yes

We are down a bit, yes.
But 2016 is far from over. These falls can be quickly reversed.

[bajing]

price drop $30 in 2 days, seems crash has started. this nice to buy a lot bitcoin before halving.. so don't panic guys

[avw1982]

The price went down a few bucks and you start yelling that the crash will begin. Why don't you say such a thing when the price isn't going down?

Don't get panic the fall has been observed over the world market. This occurs during the start of every year and gradually the market will be stable. This time it has effect over bitcoin because china has been affected much when compared with other countries.

[asuryan180]

price drop $30 in 2 days, seems crash has started. this nice to buy a lot bitcoin before halving.. so don't panic guys

If price is dropping before halving then obviously it wont be pumped after it.However i don't think 40% of the price fluctuation is even an issue for bitcoin or any other crypt-currency.This is not fiat and no country is associated.

[kano]

Price is higher than it was 3 or 4 weeks ago, yep it crashed back then too ... or ... not. /sarcasm

[1Referee]

I wish there was a troll tag here on this forum, then I definitely would nominate kwukduck to have this tag under his name.

[Bazelak]

The bitcoin price dropped about 3% today. Should we call it a crash or just a normal price action. Maybe it is just a start of a crash?

[Amph]

price drop $30 in 2 days, seems crash has started. this nice to buy a lot bitcoin before halving.. so don't panic guys

no it's the same shit that happened the last week, and guess what happened after it a mini pump to 450-460

is still beyond me when everyone panic for those small fluctuations, are people so dense that they cannot figure the difference between swings and p&d?

[randy8777]

The price went down a few bucks and you start yelling that the crash will begin. Why don't you say such a thing when the price isn't going down?

Don't get panic the fall has been observed over the world market. This occurs during the start of every year and gradually the market will be stable. This time it has effect over bitcoin because china has been affected much when compared with other countries.

these kind of dumps are normal happenings nowadays. no need to worry. large players are trying to get some action back into the markets with these dumps. use these dumps in your advantage to buy yourself some coins if you were waiting for the price go come down. here is your drop. start buying guys.

[Mr.grin]

I think it will not happen, but it will all be in the know at the end of this year, and I hope there will be no significant price reduction, but that there is a high price increases

[Bazelak]

I think it will not happen, but it will all be in the know at the end of this year, and I hope there will be no significant price reduction, but that there is a high price increases

The halving will reduce the fresh supply to the market, so I think the price will rise higher. If the sentiment is good, price will be much higher.

[DieJohnny]

I think it will not happen, but it will all be in the know at the end of this year, and I hope there will be no significant price reduction, but that there is a high price increases

The halving will reduce the fresh supply to the market, so I think the price will rise higher. If the sentiment is good, price will be much higher.

There are no guarantees in any investment except maybe your return on US bonds. EVERYONE expects supply pressure from the halving. Maybe this pump to 500 WAS the only increase we will see. What if there is no real utility volume and only speculative volume, in that case the halving may put no pressure on supply at all. If Bitcoin has zero utility volume, then the only way we are going higher is self-fulfilling speculating hysteria....

[lexuz]

I think it will not happen, but it will all be in the know at the end of this year, and I hope there will be no significant price reduction, but that there is a high price increases

The halving will reduce the fresh supply to the market, so I think the price will rise higher. If the sentiment is good, price will be much higher.

There are no guarantees in any investment except maybe your return on US bonds. EVERYONE expects supply pressure from the halving. Maybe this pump to 500 WAS the only increase we will see. What if there is no real utility volume and only speculative volume, in that case the halving may put no pressure on supply at all. If Bitcoin has zero utility volume, then the only way we are going higher is self-fulfilling speculating hysteria....

if zero utility volume, i think bitcoin will dead and i don't think that will happened. so no any trade in all exchanger because many trader hold a coins. impossible that will coming show up "sorry if i'm misunderstanding"

[Bazelak]

The price of bitcoin has dropped to $380 now. Is there any reason for the large drop? The price was quite good for the last two month.

[oblomov]

Closed my short position this morning.  It was a hedge against my long BTC position, so now I am long.

BTC/USD could drop a bit more here.  Deflationary fears are driving the capital markets today.

[praprata]

The price of bitcoin has dropped to $380 now. Is there any reason for the large drop? The price was quite good for the last two month.

Might be true, but today they where some bad news about bitcoin.
Is also that this is a new year always with bitcoin is going down.
And later or in the middle of the year is going up up again so we will see.