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Author Topic: When to expect the next big drop in BTC?  (Read 2978 times)
Senor.Bla
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December 16, 2016, 08:58:03 AM
 #1

This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?

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December 16, 2016, 09:10:00 AM
 #2

This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?

The way the current price is rising today, it's very possible a big price drop will happen soon especially on the chinese market, I would be very careful to go long as of the moment unless there's a really big news that will trigger a bullish trend but I don't think there's any and since US interest rate has just increased a couple of days ago, it might probably cause a downtrend for price of bitcoin. So it's pretty obvious this current bullish trend for bitcoin is just a pump and dump strategy by the whales.
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December 16, 2016, 09:21:53 AM
 #3

It's hard to predict. I don't think that some big drop is on the horizont maybe some smaller ones that will not affect the price dramaticaly. And it's kind weird that in the period when the price is on the way up for a longer period suddenly all are starting to talk about the big dump that might but also doesn't have to happen. Is this some kind of constant fear? Or is this done on purpose?
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December 16, 2016, 09:28:40 AM
 #4

If I was you, then I would definitely wait with investing at current prices. Especially since a serious correction is just around the corner and will hit us very soon. It can be just before the end of this year, or just after the start of the new year. Aside from that, there is not much upwards potential right now. The highest I can see the price go right now is $800-$820 where after that a serious correction will definitely pop up. At the time the correction burns through the market, then expect the price to dive below $700 for a short while. I don't expect it to test the $600 level again, but $650 might be a target.

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December 16, 2016, 09:40:36 AM
 #5

Bitcoin is stable and continue to be stable with the best price. Bitcoin haven't experienced big price falls recently rather than continuous growth. I believe the same continues even in the falling year. If situation goes bad too, the price won't fall beyond $600 as we are close to $800.

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December 16, 2016, 10:42:57 AM
 #6

No OP sorry!
But youshould give us some reasons why Bitcoin should plummet in your opinion!Based on what?
We grow steadily and healthy this year.We had been in a massively and long bear market and what we see now ist just the correction of that overreaction!
We haven't even started a real bull run!
We may see short correction and pitstop for some more accumulation in the 680-700 range, but I don't think we will go much lower than that.And if we do not see that happen we will continue moving up to 800 or 900 and then correct down to mid 700s again.
 

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December 16, 2016, 11:55:09 AM
 #7

After the next big spike Smiley))

And by spike, I mean $10K+

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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December 16, 2016, 12:58:02 PM
 #8

Theres no accurate answer to this and all people will surely speculate regarding into their views on bitcoins price.Actually i do expect on bitcoins price to dip but i dont think that it would go down soo much that we would able to reach again the price on previous months.For now we are seeing on the price of bitcoin is gradually increasing and if this movement will continue we would possible reach 800-900 soon but as you said people will surely sell off their bitcoin for profits.

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December 16, 2016, 01:01:07 PM
 #9

When the big whales started to sell all thier btc and create a massive drop ,cause thier strategy is sell at high and buy at low price. Very common way on how to make easy profit.

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December 16, 2016, 01:10:30 PM
 #10

When the price rises abit more and an exchange suddenly gets hacked. Then you can expect a price drop.
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December 16, 2016, 02:25:42 PM
 #11

This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?

since when do you invest in bitcoin when you are bored? lol

anyways, i have been having the same question and was expecting a fall the closer we get to new year because of the cash outs but so far all my expectations were wrong and we see each week price goes higher and higher. i was expecting a drop from 730 to 700-690 ish but price went up to 750 and then same expectation was wrong again and price went to 770 and as i am typing this price is $781 so i guess there is no way we see any kind of drop this year.

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December 16, 2016, 03:17:34 PM
 #12

I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
Your feeling will never turned out as reality, don't know what makes you think that people will sell their bitcoin holding on Jan next year.
Even if few people dumps their bitcoins on new year price will never touch $600 or may not even $700.

Current price is still below $800 and i think it is good price to buy some before it crosses $800.

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December 16, 2016, 05:05:19 PM
 #13

It's hard to tell as the current price seems to be a fairly decent price. It's not low, but you can't say it's overbought either. Right now it's basically a 50/50 situation where anything is possible to happen. That being said, with Bitcoin it's mostly like this > When the price seems to go up in a more than decent manner, something happens which will cause the price to go down again. If you focus on that, then we can expect something to happen in a matter of months.

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December 16, 2016, 05:14:39 PM
 #14

a drop is inevitable, it depends on the circumstances. it's possible there'll be a big spike and it'll overshoot and fall back but it might settle close to where it is now. alternatively it might repeatedly fail to get above where it is now and fall fairly soon.

there's no point asking anyone else about timings. if you're not confident, and no one should be, then buy small amounts spread over time.

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December 16, 2016, 05:34:59 PM
 #15

I am also thinking of the same thing and if the "BIG DROP" happens foe whatever reason I'm afraid that the panic sellers will be adding to the

dump that can decrease the price of bitcoin. Having a limited supply can be an advantage and a disadvantage at the same time. If 1 million

btc is sold for a week it will definitely affect the market

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December 16, 2016, 05:35:49 PM
 #16

After the next big spike Smiley))

And by spike, I mean $10K+
When there is tremendous gain then it tumbles quite hard.
That's what usually happens. Roll Eyes

I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
Your feeling will never turned out as reality, don't know what makes you think that people will sell their bitcoin holding on Jan next year.
Even if few people dumps their bitcoins on new year price will never touch $600 or may not even $700.

Current price is still below $800 and i think it is good price to buy some before it crosses $800.
Once it actually does cross $800 then most people will be singing to the skies.

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December 16, 2016, 05:36:18 PM
 #17

If I was you, then I would definitely wait with investing at current prices. Especially since a serious correction is just around the corner and will hit us very soon. It can be just before the end of this year, or just after the start of the new year. Aside from that, there is not much upwards potential right now. The highest I can see the price go right now is $800-$820 where after that a serious correction will definitely pop up. At the time the correction burns through the market, then expect the price to dive below $700 for a short while. I don't expect it to test the $600 level again, but $650 might be a target.

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December 17, 2016, 03:28:14 AM
 #18

its not easy to predict when will the next big drop in bitcoin because right now its being more stable right now maybe next year it could grow more and reach $1000 per bitcoin. and one more thing maybe the next drop of bitcoin when bitcoin price hit $1000 barrier because many users of bitcoin will cashout their money from their wallet so it would be the reason why bitcoin price will drop.

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DrGuns4Hands
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December 17, 2016, 03:34:18 AM
 #19

expect the drop when bitcoin price will hit atleast $1500 bitcoin because theres a lot of rich would encash their money from their wallet because thats a huge money and they would trade it on something else so bitcoin price will drop if 80% of users of bitcoin will pull their money on bitcoin wallet and cash it out on real money.

coynedterm
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December 17, 2016, 03:38:46 AM
 #20

This is kind of an endless discussion, but i am a bit bored today so....
I would love to invest some more in Bitcoin, but is know the best time? We know that Bitcoin is this big roller coaster that goes up and down all the time. right know it is on a huge up and my question is when can we expect the price to plummet again? I kind of feel like many will sell in Jan 2017 and we see a crash then. But how low will the price go? $600 or even $500? What do you think?
I think all discussions about such topics are wrost because many times the people made many prediction about the price of Bitcoin to increase/decrease  but only few percent of prediction proved true So it is better to take eye concentration in the Bitcoin daily news that will make help about fall and Down price  probability  of Bitcoin .


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