Is BTC crashing?

[Ayers]

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot.  

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

Yeah just lets hope that it will not happen.. china is one the reason why the price is increase.. but i think they are just sell few bitcoin not all.. so that the price will gradually decrease and pumping..

China is trying to flourish bitcoin and not to destroy it, so they will not think about its crash, the price dropped down because of bitfinex , the Chinese are working their best to make bitcoin as a global currency.

i don't think chinese care about bitcoin, miners admitted that they do it only for pure profit lol, they only want more money in their pocket, chinese are manipulating the market like no one in this moment, i'm sure that they are responsabile for the horrible p&d that are taking place in thsx exact time

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[el kaka22]

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot. 

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

Yes, there are the big whales who only to buy more at the start of the next month decided to drop down the price, as they know in the next month every person who know about bitcoin will buy as much as possible and the price will touch the moon.

[Herbert2020]

So fast BTC price changes mean that BTC market is not so stable, or there are some players, which buy or sale a lot. 

Yes biggest is China, if they decide to sell it will crash like anything and if they buy it will zoom past all records. So big players across globe is dominated by them. Hope it not the big crash this time.

Yeah just lets hope that it will not happen.. china is one the reason why the price is increase.. but i think they are just sell few bitcoin not all.. so that the price will gradually decrease and pumping..

China is trying to flourish bitcoin and not to destroy it, so they will not think about its crash, the price dropped down because of bitfinex , the Chinese are working their best to make bitcoin as a global currency.

i don't think chinese care about bitcoin, miners admitted that they do it only for pure profit lol, they only want more money in their pocket, chinese are manipulating the market like no one in this moment, i'm sure that they are responsabile for the horrible p&d that are taking place in thsx exact time

when you invest a lot of money in something (mining farms equipment,....) then you care more than anybody else about that "thing". so how can Chinese not care about bitcoin when they have the largest mining farms and largest whales in the world. of course they want to see bitcoin stay on top because their investment is at risk if price falls to a certain level.

[West man]

Looks like a rally is happening now. It jumping up as i post this.  

[Bitcoinsummoner]

There is a big crash will happen after this coming block halving and i think better to get ready to sell your bitcoins before you late to make a profit..
4 days from now we will see halving and what will happen to the market..

[PeRo]

The price is pretty stable right now. Falling and rising a few dollars every day, but there is no big price drop right now. It is going around 670$ and it is not moving very much. It will go pretty high when the halving comes. Anyway, it won't fall, it will just go up an pump hard at the halving. Don't expect falls in this period.

[vero]

There is a big crash will happen after this coming block halving and i think better to get ready to sell your bitcoins before you late to make a profit..
4 days from now we will see halving and what will happen to the market..

if you are sure it is why you do not sell your coins, I'm sure you still hold your bitcoin for halving and expect to get the higher price due halving.

[Noojna]

In my opinion, the only people affected by the halving will be the miners. The market is well supplied, even oversupplied in BTC, as demand cannot go up due to BTC usage limitations; so I do not think halving will have a positive price impact on BTC, anymore than it already has.

With current network hashing levels and the cost of mining equipment and electricity, Bitcoin mining has become uninteresting to most miners; it will remain uninteresting until many miners go offline. BTC halving will have an impact only on them, in my humble opinion.

[kwukduck]

In my opinion, the only people affected by the halving will be the miners. The market is well supplied, even oversupplied in BTC, as demand cannot go up due to BTC usage limitations; so I do not think halving will have a positive price impact on BTC, anymore than it already has.

With current network hashing levels and the cost of mining equipment and electricity, Bitcoin mining has become uninteresting to most miners; it will remain uninteresting until many miners go offline. BTC halving will have an impact only on them, in my humble opinion.

And this is exactly how it's going to cripple bitcoin. So many miners will stop after the halving as they don't feel like running at a significant loss. Leaving the network crippled, crashing the price, causing more miners to quit, and there we have a nice vicious circle where Bitcoin ends up as Tulip Mania 2.0.

[West man]

Price is acting strange now.
It is falling to unforeseen amounts in just the last month before halving 
I aw it at $620 but now it is going to $611. What is happening to it now?

[greatr]

Price is acting strange now.
It is falling to unforeseen amounts in just the last month before halving 
I aw it at $620 but now it is going to $611. What is happening to it now?

yeah, the price doesnt seem to look really good right now unfortunately though i hope that it is going to grow a lot in the future thus making me some good money, bitcoin will surely not crash

[Searing]

Yep

[Noojna]

Price is acting strange now.
It is falling to unforeseen amounts in just the last month before halving 
I aw it at $620 but now it is going to $611. What is happening to it now?

Well price is falling, because the recent price spike was not based on any fundamental improvement. PoW is obsolete, 30 minute confirmation time for sends is also obsolete; BTC mining is centralized.

BTC is in bad shape.

[ProfessionalBitsurgeon]

Crashing implies that there's no one in control. This is more of a forced landing.

[Flomess]

A bit of a shakeout i belive 

[angaper]

http://prntscr.com/bj2b1e
I am starting to worry now

and I thought the price of BTC is suppose to rise not drop due to the halving.


Supply decreases and demand increase= increasing price

Unfortunately the altcoins market does not seem to follow this logical market law, my friend.  There are many other factors behind the erratic behavior of the bitcoin price; markets are always difficult to predict but altoins are even much more difficult to foresee because of the absolute speculation behind their values and the lack of objective parameters to determine their real value, so it is highly likely to see a future  crash in most of them.

[West man]

A bit of a shakeout i belive 

A shakeout or shakedown?

The price seems to be bouncing back now but it is not looking as good as it did just 12 hours ago
I believe it will recover by halving.

[craked5]

Price is clearly coming back.

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

[hermanhs09]

i dont know how you can find btc crashing right now,it is keeping the regular price so far,and it
is feeling pretty steady right now,the volume is getting down just before halving.
Wait some time to halving,and be feared that it will crash haha

[proudhon]

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.