Why Bitcoin price may not crash like 2013

[lionheart78]

People that are trading way back 2013 are veterans now, assuming they were newbie back then, and somehow Chinese News have less effect to them than year 2013.   In addition to that, there are more people that is supporting bitcoin today and are willing to catch those weakhands coins.  As result, price never go down to sub $700.

[angaper]

Four long years have passed since that event occurred and the bitcoin as well as the economic circumstances that surround it have changed radically. There is no solid basis for believing that a similar event could happen these days again because the bitcoin ecosystem is much stronger and consolidated than it was then.

[maku]

People that are trading way back 2013 are veterans now, assuming they were newbie back then, and somehow Chinese News have less effect to them than year 2013.   In addition to that, there are more people that is supporting bitcoin today and are willing to catch those weakhands coins.  As result, price never go down to sub $700.

Crash of 2013 wasn't caused by inexperience of traders. It was caused by Mt.Gox collapse (among other things).
We all know that during ATH Mt.Gox was already out of commission and wasn't processing selling orders at all.
Soon after that price of BTC collapsed.

[LuanX3]

People that are trading way back 2013 are veterans now, assuming they were newbie back then, and somehow Chinese News have less effect to them than year 2013.   In addition to that, there are more people that is supporting bitcoin today and are willing to catch those weakhands coins.  As result, price never go down to sub $700.

Crash of 2013 wasn't caused by inexperience of traders. It was caused by Mt.Gox collapse (among other things).
We all know that during ATH Mt.Gox was already out of commission and wasn't processing selling orders at all.
Soon after that price of BTC collapsed.

True and because of that event plenty of people has lost their trust in bitcoin and they all sold their bitcoins and never came back. I think the world is skeptical in investing in it because of this dark history of bitcoins. If there would be another crash it will never crash like how it happened in 2013. I think people who use it today would try very hard to prevent that event from ever happening again.

[wikireseller_to]

There is many reasons that can answer this question and mainly because :
1- there is no Mtgox
2- more users, more volume exchanged...

There is no MtGox? I haven't looked at the numbers but I'm confident that Coinbase has a larger if not equal user base than MtGox had, so they could pull something just like MtGox did, no? Or maybe because they're based in the US they wouldn't get away with it?

MtGox had many problems - constant performance issues, outages, unable to handle user influx (slow verification). These issues which were not resolved for years. In retrospect that it would eventually collapse is hardly a surprise. What made people wire them money (especially since Bitstamp was established) I really don't understand. If there was not the hack there would be some other issue which would eventually bring it to its knees - unless they had enough time to be bought but that would probably not happen under that leadership.

[Creepings]

Well, it will not crash like that year because there are many bitcoin users nowadays and it is still going up. Though the problem of bitcoin is its price and making it used in all stores. Still, the users are still increasing and still increasing.

[talkbitcoin]

the chances of a crash like 2013 is zero for sure and the chances of a crash is also nearly zero and i only say nearly because bitcoin is unpredictable but in fact that is also zero.
people usually see only the change, they don't look at the bigger picture. they see $100 rise they think we are going to the moon but in fact it was a temporary tiny rise.
 and also when they see $100 drop after a $200 rise they panic and start saying bitcoin is dead. and that is just a correction if they use their brains.

[JC btc]

I am happy with its flow right now compare to 2013 that it was manipulated by  a bot. Really, the economics applies in bitcoin, although a lot of users sells their bitcoin last 2 weeks ago but then, a lot of investors are just waiting for the bitcoin to at least lower the price for even  $200-300 then they'll buy and that is one of the reason.

[RhodaGila]

It could be like that, but judging from the difference, I now see a lot of people do trading Bitcoin is not just buying and selling. But there is no treatment, although how Bitcoin price goes down, then the Bitcoin price is down but not significantly.
If my opinion, this is due to the human factor, which owns and controls Bitcoin itself. The more people who have Bitcoin and the more people who trade Bitcoin than when the year 2013.

[Juggy777]

2017 has just started and it's really difficult to say it won't crash, as of now we don't know what president elect will do. Will China do more harm or will it do some good. If the economy improves over all, btc may be hit the positives are it's widely been recognised, more and more people are coming to it. It's improving and over all it looks promising let's see what turns it takes.

[Babayega31]

Thats not possible to happen again crashing like 2013, it happens because many were being to panic selling and lack of proper knowledge is the main reason why those investors were having decisions like that. But for these years buyers increased same with those sellers, so the bitcoin price is nearly proportional to both demand and supply, and the circulation of bitcoin is really healthy by means of marketing particularly tradings of altcoins.

[dhampir-D]

In 2013 the market was smaller, there were fewer users, less liquidity and there were not many exchanges, the main one being Mt. Gox. Nowadays the situation is quite different. There is a larger user base, more exchanges and even high profile investors putting money into it.
All this favors the existence of a more stable market, with increasing and real demand, causing that the price is not only result of manipulation.

[Shiroslullaby]

Price is only going up.
There may be some small losses, but overall the price will continue to grow.
Buy when the price drops and HODL.
Its only going to take one big app or website to start accepting payments in Bitcoin for the price to reach an new ATH and stay there.

[Vaskiy]

Few of the major factors were the technology, adoption, acceptance, volatility, market capital. In terms of technology now its continuously getting updated compared to the days with Mtgox. Adoption and acceptance of bitcoin and other coins were increasing based upon the backing technology. Volatility is much reduced which makes users to consider it as a currency. Capital has grown in a sudden to a big range of $4m.

[buwaytress]

There is many reasons that can answer this question and mainly because :
1- there is no Mtgox
2- more users, more volume exchanged...

There is no MtGox? I haven't looked at the numbers but I'm confident that Coinbase has a larger if not equal user base than MtGox had, so they could pull something just like MtGox did, no? Or maybe because they're based in the US they wouldn't get away with it?

Coinbase would definitely be able to pull something exactly like MtGox off and get away with it, despite being based in the US. I highly doubt any kind of investigation would be high-tech enough to prove that a hack was staged, nor would they be able to uncover a fake hack or digital heist.

Also, I doubt a 2nd MtGox will have as strong or as lasting an impact on prices... I believe users and traders have learnt from MtGox.

[Idrisu]

After a pull down from over$1100 to $750 the bitcoin market or price has remained in normal currencies recovery mode. The price has a steady progressive and tranquil movement. As am posting bitcoin is trading at $898 and to me, it is a good development. The enemies of bitcoin what it to full completely as it happened in 2013 but bitcoin has developed and got stronger for now than then. I specifically expect bitcoin prices to be above $2000 by the end of 2017.

[richardsNY]

After a pull down from over$1100 to $750 the bitcoin market or price has remained in normal currencies recovery mode. The price has a steady progressive and tranquil movement. As am posting bitcoin is trading at $898 and to me, it is a good development. The enemies of bitcoin what it to full completely as it happened in 2013 but bitcoin has developed and got stronger for now than then. I specifically expect bitcoin prices to be above $2000 by the end of 2017.

You definitely have a lot confidence in the price this year. I am optimistic, but nothing close to your level. I am just pointing my target at maintaining the $1000 level for longer than just a few days. But at this point, I don't know how realistic it really is since I consider anything over $800 to be a fair price in terms of where we stand right now. I am sure that the activation of segwit will give the price a healthy push forward. But then again, no indication of activation yet.

[cengsuwuei]

in 2013 bitcoin price is crash and down
because mt.gox is problem
big exchanger problem, can down bitcoin price
same with case bitfinex in 2016, bitfinex hack in bitcoin balance and then bitcoin price is down
and now in 2017, nothing problem

[cramcram21]

Well I think bitcoin price will not crash like what happened in 2013 because bitcoin have more user now compare to 2013,

there are a lot of user so that means that the demand for bitcoin got more higher than before and I think that is the reason why the price keeps on getting high.

[xIIImaL]

Well I think bitcoin price will not crash like what happened in 2013 because bitcoin have more user now compare to 2013,

there are a lot of user so that means that the demand for bitcoin got more higher than before and I think that is the reason why the price keeps on getting high.

I do not think It will happen like 2013. because you can find the price pump reason. It is happened first due to Halving and christmas and holiday pump moved bitcoin to the peak. Again it fall to lower than 800$  and now again boosting to 900$.