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Author Topic: When to expect the next big drop in BTC?  (Read 2978 times)
JC btc
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December 17, 2016, 04:52:41 AM
 #21

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 .

We don't really know when it would decrease/increase so you have to be vigilant. What I am doing is exactly what you said, I am reading daily news about bitcoin and always looking its current price so I would be aware of it and know my next steps if I will sell/buy etc.

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December 17, 2016, 10:03:39 AM
 #22

It will happen when it will happen. If we knew the answer, we wouldn't be telling !

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December 17, 2016, 01:17:57 PM
 #23

in the past two years there have been at least 1000 topics asking the same question and all their reasons were because they have been waiting to buy bitcoin. and then they keep waiting and price goes up, so they wait some more for a big drop.

in the end they have been waiting for a big drop ever since price was $200

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December 17, 2016, 03:54:57 PM
 #24

I believe bitcoin prices will fall again because it was reasonable, market prices do not always rise and always above, there must be a time when prices are falling. That being the case we do not know when the price will go down. But if the price had gone down maybe I will not sell my bitcoin and keep hold because the price will definitely be back to normal again a few months, and I would prefer to buy bitcoin. Perhaps it is more profitable to me. Bitcoin prices are now very well and continues to grow, I'm sure if the price drops was not until less than $ 500
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December 17, 2016, 03:56:08 PM
 #25

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?

In fact, that is hard to tell

And while many folks here tend to think that a major correction is just about to start for the reasons which I fully agree with, I would still be cautious in price forecasts. My point is that we have two main forces struggling against each other, namely, traders waiting for the correction and thus forcing it to happen, on the one side, and fundamental factors such as expanding Bitcoin adoption (e.g. due to deliberate currency devaluations and restrictions set by governments, see India), on the other side. Obviously, fundamentals will prevail in the long run, but what about short term?

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December 17, 2016, 04:01:31 PM
 #26

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?
Honestly we can not know the real price will be this coming year but i think i feel that the price will still stay at 700 value.. this coming year because many people are saying that more development with bitcoin will happen in 2017 so i think better to buy bitcoins right now and wait for the coming events with bitcoin. if we are fail just hold you bitcoin and do not panic to sell instead better to buy more bitcoins in cheaper price..

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December 17, 2016, 04:24:56 PM
 #27

I agree when people are saying it is hard to tell, since bitcoin price growth today is not the same way back 2013.  The last ATH were full of manipulation and fake pump, while today it looks like it is moving upward in a natural way. 

But as far as I know, $1000 is a figure most people are waiting to sell their coins.  So probably when bitcoin reach $1000 USD there will be a massive selling of bitcoins, but it does not guarantee a massive drop.  Unless there is a major event that will cause even whales to sell their bitcoin, then that probably the one you are waiting for and expect BTC to drop even below $300.



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December 17, 2016, 05:21:01 PM
 #28

If analysis of history serves any good, we should expect that the next big drop will correct around 60-80% of the previous upward movement. Probably, the correction will be a little less severe than the previous ones, because Bitcoin market cap and user base has grown significantly since then.

The next big drop will be after the next big bubble of course. Cheesy That bubble is forming right now. If I had to guess, I'd predict the bubble will need at least 6 months to reach its climax.

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December 18, 2016, 02:42:38 PM
 #29

I do not expect bitcoin prices will drop, but if it will happen, I think it would be very long. bitcoin price reduction will only occur if bitcoin is not used anymore, or going on the issue saying that bitcoin will soon be banned by world governments. it could make bitcoin prices declined, and I'm sure it will not happen.

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December 18, 2016, 03:21:51 PM
 #30

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 $500? What do you think?
I think the fall may happen in every single moment. Nobody knows when exactly when. But I think it's more possible to happen after one moe hacking of some exchanger. We all know that exchangers are not save and it's not wise to hold all your bitcoins there as in a wallet. So I think after next hacking bitcoin can fall back to 500-600$ again.

   
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December 18, 2016, 03:49:43 PM
 #31

expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin

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December 18, 2016, 11:37:20 PM
 #32

expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
Yeah I'm agree that many users are waiting for the price if 1000$ per 1 BTC to cash out. I'm one of them and I don't wish to skip such a good chance. And logically it will follow the drop of bitcoin's price. But I doubt that in this case it will fall to 500-600$ maybe it will drop to 800$ but not lower.
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December 18, 2016, 11:44:44 PM
 #33

It's anyone's guess.  People will give their opinions, but there's no certainty in any of them.  The good thing is that the rise we've had recently has been sort of slow compared to 2013.  Everyone was euphoric back then because bitcoin got up to $1200, but it did so way too fast.  What we have now seems to be a bit more sustainable, but even that isn't a certainty.

So as to your question of whether now is a good time to buy...sure, why not?
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December 19, 2016, 12:08:16 AM
 #34

It is a question have been looking for a thread to address, when to expect and how to handle the fall in price? sure it will fall but when and to what extent, I dont know. Maybe not this year because all factors look beyond now. Maybe next year,however I have expected the fall before this time. Considering the fall in the early part of the year doesn't look to speak to replicate the 2016. By the end of this year at $800 for bitcoin it had double what it was last year,so no one can tell when


     
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cakravothy
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December 19, 2016, 02:09:59 AM
 #35

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?

in Christmas and new year bitcoin can down trend
bitcoin price can down, because much people selling altcoin , selling bitcoin to fiat money
but i think can't reach to 600 or 500 dollar, only bitcoin price 700 dollar
can't below 700 dollar

only big crash , big news accident can bitcoin price down under 500 dollar


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December 19, 2016, 04:27:38 AM
 #36

If analysis of history serves any good, we should expect that the next big drop will correct around 60-80% of the previous upward movement. Probably, the correction will be a little less severe than the previous ones, because Bitcoin market cap and user base has grown significantly since then.

The next big drop will be after the next big bubble of course. Cheesy That bubble is forming right now. If I had to guess, I'd predict the bubble will need at least 6 months to reach its climax.

why do you call this a bubble?
a bubble by definition is escalation of asset prices above the fundamental value by a large margin.
in case of bitcoin the price is moving (crawling) up very slowly, and that is the speed part. as for the value, i'd say bitcoin is still undervalued and it only gains more value over time.

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December 19, 2016, 12:10:33 PM
 #37

expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
Yeah I'm agree that many users are waiting for the price if 1000$ per 1 BTC to cash out. I'm one of them and I don't wish to skip such a good chance. And logically it will follow the drop of bitcoin's price. But I doubt that in this case it will fall to 500-600$ maybe it will drop to 800$ but not lower.

It just depends on the moods of the large players. If they are willing to push the price further than just reaching the $1000 level, then we can expect them to support the price all the way to flat $900's as that will give people a space of around $100 to cash out and dump their coins. If they don't want to support the price, which would cost them a decent amount of buying power, then we shouldn't be surprised to fall back to $800 prices, and perhaps back to $700 prices. Don't forget that for us small traders it's easy to dump like 10% at once without it doing any harm to the markets. But when large players sell thousands of coins at once, it leaves a serious scar on the market. But then again, this is just wild speculation...

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December 19, 2016, 12:43:43 PM
 #38

expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
Yeah I'm agree that many users are waiting for the price if 1000$ per 1 BTC to cash out. I'm one of them and I don't wish to skip such a good chance. And logically it will follow the drop of bitcoin's price. But I doubt that in this case it will fall to 500-600$ maybe it will drop to 800$ but not lower.

It just depends on the moods of the large players. If they are willing to push the price further than just reaching the $1000 level, then we can expect them to support the price all the way to flat $900's as that will give people a space of around $100 to cash out and dump their coins. If they don't want to support the price, which would cost them a decent amount of buying power, then we shouldn't be surprised to fall back to $800 prices, and perhaps back to $700 prices. Don't forget that for us small traders it's easy to dump like 10% at once without it doing any harm to the markets. But when large players sell thousands of coins at once, it leaves a serious scar on the market. But then again, this is just wild speculation...
If it does happen that these big players dump their loads of bitcoins then let's all be ready to sell too. Then when it drops at around $600 - $700, we should sell everything and buy bitcoins. For sure, that will make it shoot up again back to where it dropped from. That would make us profit too, if the prices does drop so much from where it is.

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December 19, 2016, 02:08:31 PM
 #39

expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
Yeah I'm agree that many users are waiting for the price if 1000$ per 1 BTC to cash out. I'm one of them and I don't wish to skip such a good chance. And logically it will follow the drop of bitcoin's price. But I doubt that in this case it will fall to 500-600$ maybe it will drop to 800$ but not lower.

It just depends on the moods of the large players. If they are willing to push the price further than just reaching the $1000 level, then we can expect them to support the price all the way to flat $900's as that will give people a space of around $100 to cash out and dump their coins. If they don't want to support the price, which would cost them a decent amount of buying power, then we shouldn't be surprised to fall back to $800 prices, and perhaps back to $700 prices. Don't forget that for us small traders it's easy to dump like 10% at once without it doing any harm to the markets. But when large players sell thousands of coins at once, it leaves a serious scar on the market. But then again, this is just wild speculation...

If it does happen that these big players dump their loads of bitcoins then let's all be ready to sell too. Then when it drops at around $600 - $700, we should sell everything and buy bitcoins. For sure, that will make it shoot up again back to where it dropped from. That would make us profit too, if the prices does drop so much from where it is.
If the price really drops to $600 and you sell everything what will you invest on to save the value or even make profit


     
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December 19, 2016, 02:28:02 PM
 #40

expect the next big drop of bitcoin when it reach the $1000 barrier because I know there's a lot of users that will cash out their bitcoin because they reach their target so if it reach $1000 barrier per bitcoin it will drop down I think that will be a big drop down because almost half of the user will gonna cash it out because that's a huge money compare to the last year price of bitcoin
Yeah I'm agree that many users are waiting for the price if 1000$ per 1 BTC to cash out. I'm one of them and I don't wish to skip such a good chance. And logically it will follow the drop of bitcoin's price. But I doubt that in this case it will fall to 500-600$ maybe it will drop to 800$ but not lower.

It just depends on the moods of the large players. If they are willing to push the price further than just reaching the $1000 level, then we can expect them to support the price all the way to flat $900's as that will give people a space of around $100 to cash out and dump their coins. If they don't want to support the price, which would cost them a decent amount of buying power, then we shouldn't be surprised to fall back to $800 prices, and perhaps back to $700 prices. Don't forget that for us small traders it's easy to dump like 10% at once without it doing any harm to the markets. But when large players sell thousands of coins at once, it leaves a serious scar on the market. But then again, this is just wild speculation...

If it does happen that these big players dump their loads of bitcoins then let's all be ready to sell too. Then when it drops at around $600 - $700, we should sell everything and buy bitcoins. For sure, that will make it shoot up again back to where it dropped from. That would make us profit too, if the prices does drop so much from where it is.
If the price really drops to $600 and you sell everything what will you invest on to save the value or even make profit

Seeing the price of $600 wont be big deal if the selling pressure arrives but i dont think that we will see this price so soon next year after feb only we can see it as mostly it happens due to China going to Christmas so that time the market can crash as it happens also in the Equity market also














 

 

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