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Author Topic: Is BTC going to crash again like in 2014??  (Read 1153 times)
Alley
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January 05, 2017, 01:20:22 AM
 #21

You sound like a genius.  I would open a short position immediately.
uneng
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January 05, 2017, 01:55:55 AM
 #22

After this rally up that might get the price of BTC up to 1,300 usd, I am pretty sure BTC is going to crash again and it will hit the 400 usd.

What do you think?

Crash is really possible but not to the point it will go back again at $400. Yes it has chance but today's bitcoin is different from the status of bitcoin in the past where coins today are much distibuted in different exchanges. So if a crash happen in one exchange, the downfall is not that much.

I see correction price closely to $1000. If it's go back to below $400 then that is really a doom as it proven that bitcoin can't maintain it's support from the community even with lots of users today.

I agree with you when you say the today status is different from the 2014 status. The situation is different now, since 2014 many more persons started buying bitcoins and many more bitcoins were mined. We know the price won't steady in the price we see now, but I don't think the price will regress to 400$, it's too low, bitcoin community is strong now and won't let this happen.

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Lomperd1
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January 05, 2017, 03:10:41 AM
 #23

Very hard to say and we cannot simply say this too, I think it will not really crash because its just more stable than it ever been too.
TheBobman
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January 05, 2017, 03:41:41 AM
 #24

Very hard to say and we cannot simply say this too, I think it will not really crash because its just more stable than it ever been too.

We indeed cannot say this but I guess that there will be some small crash but not to significant anytime soon.
Johansson6
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January 05, 2017, 03:57:11 AM
 #25

After this rally up that might get the price of BTC up to 1,300 usd, I am pretty sure BTC is going to crash again and it will hit the 400 usd.

What do you think?

Crash is really possible but not to the point it will go back again at $400. Yes it has chance but today's bitcoin is different from the status of bitcoin in the past where coins today are much distibuted in different exchanges. So if a crash happen in one exchange, the downfall is not that much.

I see correction price closely to $1000. If it's go back to below $400 then that is really a doom as it proven that bitcoin can't maintain it's support from the community even with lots of users today.

I agree with you when you say the today status is different from the 2014 status. The situation is different now, since 2014 many more persons started buying bitcoins and many more bitcoins were mined. We know the price won't steady in the price we see now, but I don't think the price will regress to 400$, it's too low, bitcoin community is strong now and won't let this happen.

Yep that is true, its also more stable right now and it now not been really going fast, it has been down more fluently.
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January 05, 2017, 04:02:02 AM
 #26

Whenever a known exchanger or trading site is hacked for sure that will have an effect on the Bitcoin price but it will depend on how the market reacts on the hack. We have seen hacks and alleged hacks last 2016 that caused the Bitcoin price to drop however with the current exchange rate of BTC to USD and if there's a hack that happen, we may still enjoy up to $800 to 1 BTC and will still to recover again so no hacks please so that there will be no crash.
~Bitcoin~
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January 05, 2017, 04:06:49 AM
 #27

Situation and adoption level is not like in 2014, people now understand much better about bitcoin and demonetization have triggered people to search for safe place to store their wealth beside gold and bitcoin came to them as good alternative.

I will say we will see $2000+ by end of this year or even earlier, i don't think price gonna get correction below $1000 from this point. In 2017 price may stay well above $1000 but if it goes below than that i will buy bitcoin with all my cash i have in my local bank.

andrei56
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January 05, 2017, 04:17:30 AM
 #28

After this rally up that might get the price of BTC up to 1,300 usd, I am pretty sure BTC is going to crash again and it will hit the 400 usd.

What do you think?
The price is going to get lower but I do not think we are going to see bitcoin at that price ever again personally I thin something in the range of 700-800 dollars is a lot more likely  but I think we are going to see bitcoin over 1k again in the middle of the year and probably end the year in the range 1300-1500.
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January 05, 2017, 05:54:52 AM
 #29

After this rally up that might get the price of BTC up to 1,300 usd, I am pretty sure BTC is going to crash again and it will hit the 400 usd.

What do you think?
on 2013 most people also don't believe bitcoin will crash but in fact that the price was already decrease and touch the lower price however bitcoin will more stronger rather than 2014 this time because i was heard that one of the cause why bitcoin price increase with very fast is Latin American countries such as Argentina and Venezuela people has more concern and start to use and buying bitcoin

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