Is BTC crashing?

[Paashaas]

No, look at the confirmed data sources. Long term is down as people realize the mining analysis is clearly negative toward the data and technical analysis data studies. It's pretty clear, and if you don't want to lose money, sell your bitcoins now.

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[proudhon]

No, look at the confirmed data sources. Long term is down as people realize the mining analysis is clearly negative toward the data and technical analysis data studies. It's pretty clear, and if you don't want to lose money, sell your bitcoins now.

Bla bla bla bla bla!

Sorry to have upset you but the facts are the facts. Just check the Chinese and Russian data sources. It's clear bitcoin is in a long term down trend toward very low lows. Bitcoin is a cool idea that cannot practically work technically and we're watching its failure. Sell now while the price is inflated.

[ProfessionalBitsurgeon]

You might as well give up, Llama friend. Bull cattle more stubborn than Goats, would rather lose moneys than take scientific advice.

[virtualkeybuyer]

Price is clearly coming back.

The long term  is up, can't do anything against that you know? :3

No, look at the confirmed data sources. Long term is down as people realize the mining analysis is clearly negative toward the data and technical analysis data studies. It's pretty clear, and if you don't want to lose money, sell your bitcoins now.

It is only a wrong prediction and I don't think that bitcoin will crash, it has a good coin and it will survive, it should have to survive as it is the master crypto coin and if this coin crashed then people will lose faith on other coins also and with that all other coins will also go down, So I do not want its crash.

[btcmerich]

BTC seems to be stable ,   holding mid 600.   we might get down to 500 USD  within a week or so due to some panic sales  by people who were hoping  for a miracle by halving day.  After the dump it will climb  to around 900 in Q1 2017

[HarryKPeters]

BTC seems to be stable ,   holding mid 600.   we might get down to 500 USD  within a week or so due to some panic sales  by people who were hoping  for a miracle by halving day.  After the dump it will climb  to around 900 in Q1 2017

Climbing will come eventually but 900 seem to be al little bit optimistic. At best I see a curve back to 700 and maybe the old high @ 770.
But yeah a dump is likely to come.

[Noojna]

If Bitcoin was usable (i.e. confirmation times averaging about 1 minute per BTC send and with a PoS algorithm), there would be practically no limit to how high BTC could go; in the trillions, possibly.

Unfortunately, right now, BTC is not very useful. Even Paypal is quicker in making and confirming payments. Oh well, BTC was a rough draft for upcoming exciting coins.

[ImHash]

most people know nothing close to little about bitcoin and when they really know what bitcoin is then you can expect the crash.
other than that it wont crash for a while so don't worry.

[vero]

BTC seems to be stable ,   holding mid 600.   we might get down to 500 USD  within a week or so due to some panic sales  by people who were hoping  for a miracle by halving day.  After the dump it will climb  to around 900 in Q1 2017

not just the price rose after falling yesterday, I hope that now it is time prices will start to rise because half only a few hours.

[btcmerich]

^^   yes , in the next 20  hours we will see if new buyers will jump on the train hoping for profit and that would make the price go up even more. Just hope it goes up slowly so we do not see big dump straight after the rise

[Noojna]

^^   yes , in the next 20  hours we will see if new buyers will jump on the train hoping for profit and that would make the price go up even more. Just hope it goes up slowly so we do not see big dump straight after the rise

Relax guys. BTC has been playing this little up and down game for 3 years now; only now it's coding weaknesses have become visible and rendered it unusable.

I dont invest in BTC.

[angaper]

The bitcoin ecosystem is healthier than ever, because it has withstood with strength all the worst forecasts after the last halving, and it is a clear sign of an increasing stability, and this undoubtedly will make the bitcoin more trustworthy.

[CrimBit]

bitcoin is not crashing the price just stable for now , and sure the price will rise again in next 6month, im sure we can reach $1000 again

[Noojna]

bitcoin is not crashing the price just stable for now , and sure the price will rise again in next 6month, im sure we can reach $1000 again

Agreed. BTC price could possibly go to $1000; looking at the financial data and market value, it is possible. For an investor that's a very risky 50% gain.

At the same time, some exciting altcoins which are very cheap right now stand to multiply their value by 10, for a risky but interesting possible 1000% gain.

[escrowboy]

bitcoin is not crashing the price just stable for now , and sure the price will rise again in next 6month, im sure we can reach $1000 again

Bitcoin's unstable is normal because bitcoin is volatile. You should expect on the market that bitcoin sometimes drop at $10 and sometimes increase at $10 too.

[crairezx20]

Bitcoin price is not crashing its still in the good level 600 value and its very impossible right now that the price will crash because supply right now is very low anytime if someone people are dumping huge amount of bitcoin im sure more investor will attract to buy if they seen that the price is low..

[Noojna]

Bitcoin price is not crashing its still in the good level 600 value and its very impossible right now that the price will crash because supply right now is very low anytime if someone people are dumping huge amount of bitcoin im sure more investor will attract to buy if they seen that the price is low..

oooh yes my friend, mining supply is lower than before, but it's still higher than the real need people have for Bitcoin. A crash is very possible; a small price increase is also possible.

50% loss vs 50% gain, which one will it be?