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Author Topic: DOWN WE GO - Market is unstable. It will crash around halving day.  (Read 9985 times)
600watt
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July 03, 2016, 10:47:28 AM
 #21

quak quak

You've been predicting the end of the world since the world began, yet you still hang around like a little parasite....
I doubt you could even afford a proper bet.... Lol


i got him on ignore, but since you quoted him i was forced to read it. i think i will stop ignoring him, it is such entertainment. price made a turnaround the very moment he posted ... Cheesy


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July 03, 2016, 02:05:53 PM
 #22

anything is possible, you can't predict anything about halving for sure. so both ways are possible that is why i say not doing anything for now is the better choice.

we should wait and see which way bitcoin is headed then decide what to do.

and i should add that while moon has no limits, the crash can only go down less than a hundred bucks.
The moons hype price is 1000$. Everyone hoping for bitcoin price to reach 1000 so that they may dump their coins. Lets see this time at halving what surprises bitcoins bring to us.

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July 03, 2016, 02:52:49 PM
 #23

Going south


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July 03, 2016, 03:13:24 PM
 #24

We should expect anything on day 1. Rome wasn't built in a day. If you think that single day is so significant you are missing the point. However on month 2 or 3, expect at the very least the beginning phase of liftoff. It will take some time for the supply cut to take effect
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July 03, 2016, 03:15:41 PM
 #25

We should expect anything on day 1. Rome wasn't built in a day. If you think that single day is so significant you are missing the point. However on month 2 or 3, expect at the very least the beginning phase of liftoff. It will take some time for the supply cut to take effect

^^ This.

It will take some time until the supply is limited on the exchanges, we might see some real movement then. Until then though any price swings are speculative.




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July 03, 2016, 04:14:35 PM
 #26

It is only a rumor and very sooner you will see that the price willl increase to a much higher value after halving and it will not go down for longer and we have to support it if we do not want it to crash.
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July 03, 2016, 04:34:20 PM
 #27

It will take some time for the supply cut to take effect

This "supply cut", as I already pointed out often here, is less than 2% of the daily supply on "real" exchanges, and even much less (around 0,3-0,5%) if you count the Chinese zero-fee exchanges.

I don't discard that it can have an effect in some situations. For example, if the market stays bullish, the price would certainly go up a little bit steeper than before the halving. Instead of going up 3 percent per day it will gain 3,5 percent, perhaps.

But in all other situations (a weak bull market, sideways market or bear market) I expect that the small supply cut won't have any effects at all. Every day the supply/demand changes are more important than these 0,5 or 2 percent. And at some point there will be many sellers because some big players will take their profits with them. We're still not really a currency, that's the problem.

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July 03, 2016, 06:32:07 PM
 #28

Market is unstable due to the European nations issue, but this won't have impact upon bitcoin. Also nothing is sure of bitcoin, so possibly anything could happen with price on halving, but upon most predictions its sure to have a increase in price on halving.




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July 03, 2016, 06:35:35 PM
 #29

Market is unstable due to the European nations issue, but this won't have impact upon bitcoin. Also nothing is sure of bitcoin, so possibly anything could happen with price on halving, but upon most predictions its sure to have a increase in price on halving.
Yeah because people are believing thats why the price is still not reducing instead the price is increasing daily and more buyers are coming so that the price of bitcoin is increasing.. and honestly i am fraid what will happen after block halving because many people are ready for their bitcoin if they see that the price is increase and hit to 700 and 800 value.. and we will see high crash or more dump after block halving..

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July 03, 2016, 06:36:37 PM
 #30

Too many MOON expectations, too many longs.

We must go down.
Bitcoin has only two options ,go to the moon or go down deep,as deep as the ocean.
If you would to choose ,what would it be? And why..
For me im still hoping that bitcoin will fly into the moon.

Nah, it could remain at a stable price like it did at $430.  Bitcoin IS supposed to be a currency,  is it not??  Currencies should be stable.

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July 03, 2016, 06:54:34 PM
 #31

Too many MOON expectations, too many longs.

We must go down.
Bitcoin has only two options ,go to the moon or go down deep,as deep as the ocean.
If you would to choose ,what would it be? And why..
For me im still hoping that bitcoin will fly into the moon.

Nah, it could remain at a stable price like it did at $430.  Bitcoin IS supposed to be a currency,  is it not??  Currencies should be stable.
Yeah i think its imossible that the price will be back at the past that the price of bitcoin is very low.. we are all increasing and more people are buying bitcoins and more store are accepting bitcoin as payment and i think more adoption wil lcome with bitcoin so bitcoin will not go back where the price is very low..

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July 03, 2016, 07:18:49 PM
 #32

The price has behaved very much like the price of Litecoin leading up to its halving last year.

In the Litecoin case, a speculative bubble formed leading up to the halving. It popped shortly before the halving and continued fall after the halving. It eventually flattened out. The difference so far in the Bitcoin case is that the relative high was much lower than Litecoin's. I believe that means the fall will also be less.

The crash has already happened (falling from $770), and I expect the price to continue to follow the Litecoin example and continue to drop through the halving.

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July 03, 2016, 10:05:39 PM
 #33

The price has behaved very much like the price of Litecoin leading up to its halving last year.

In the Litecoin case, a speculative bubble formed leading up to the halving. It popped shortly before the halving and continued fall after the halving. It eventually flattened out. The difference so far in the Bitcoin case is that the relative high was much lower than Litecoin's. I believe that means the fall will also be less.

The crash has already happened (falling from $770), and I expect the price to continue to follow the Litecoin example and continue to drop through the halving.

The major 'crash' has happened but I don't think another major crash will happen anymore.
It seems to me we find solid support around 580-600. Just like we had when it was 380-400

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July 03, 2016, 10:09:38 PM
 #34

The price has behaved very much like the price of Litecoin leading up to its halving last year.

In the Litecoin case, a speculative bubble formed leading up to the halving. It popped shortly before the halving and continued fall after the halving. It eventually flattened out. The difference so far in the Bitcoin case is that the relative high was much lower than Litecoin's. I believe that means the fall will also be less.

The crash has already happened (falling from $770), and I expect the price to continue to follow the Litecoin example and continue to drop through the halving.

Reason for Litecoin to get pumped way more than Bitcoin before the halving is that it takes waaay less money to get the price up to much higher levels compared to Bitcoin. Another big difference is that Litecoin is basically a useless coin as the only thing that keeps it somewhat alive is its listing at BTC-E. So the Litecoin bubble had to pop.

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July 03, 2016, 10:10:37 PM
 #35

The price has behaved very much like the price of Litecoin leading up to its halving last year.

In the Litecoin case, a speculative bubble formed leading up to the halving. It popped shortly before the halving and continued fall after the halving. It eventually flattened out. The difference so far in the Bitcoin case is that the relative high was much lower than Litecoin's. I believe that means the fall will also be less.

The crash has already happened (falling from $770), and I expect the price to continue to follow the Litecoin example and continue to drop through the halving.

The major 'crash' has happened but I don't think another major crash will happen anymore.
It seems to me we find solid support around 580-600. Just like we had when it was 380-400

We cannot be sure about anything when it comes to the price of bitcoin, the price is extremely volatile which will never allow you to make your mind about the price.
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July 03, 2016, 10:22:50 PM
 #36

It is really possible, of course. Actually all scenarios are possible, but we only can be patient to wait for that expected day and see what will occur really.
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July 03, 2016, 10:35:11 PM
 #37

It is really possible, of course. Actually all scenarios are possible, but we only can be patient to wait for that expected day and see what will occur really.
of course it is possible in my opinion and it is a really great thing about bitcoins that no one can actually predict what will ever happen i think thats one of the best things about it

market will always be unstable as far as i know how it works, though i doubt that it will crash during the halving day because bitcoin has a lot of potential to grow right now in my opinion
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July 04, 2016, 08:05:08 AM
 #38

I dont tthink the martket will crash around the halving because the people who are in the bitcoin right now are not very stupid and dont going to trow their
coins just away. So crash wil he not but there can come a big price drop and that will not so very profitable for everyone with a bitcoin.
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July 04, 2016, 08:23:03 AM
 #39

I dont tthink the martket will crash around the halving because the people who are in the bitcoin right now are not very stupid and dont going to trow their
coins just away. So crash wil he not but there can come a big price drop and that will not so very profitable for everyone with a bitcoin.
prevailing demand for bitcoins will stay constant, forcing the price higher once fewer bitcoins are being generated on a day-to-day basis. crash wont occur very soon.

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July 04, 2016, 10:29:43 AM
 #40

no i'm not believing in any crash and in any rise at the moment, notice hwo the market is playing in the same range all the time, that is called consolidation

the price is consolidating at current level, the recent crash from the peak to the present value was just a correction, not a real dump

there will not be any dump with the halving, i'm expecting another rise after the halving, but not the day after the halving, but within 2-3 months after it, so later this year
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