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Author Topic: Bitcoin crash coming?  (Read 3148 times)
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May 05, 2017, 11:39:28 PM
#41

It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.



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May 05, 2017, 11:47:07 PM
#42

Maybe i think the reason why the price was crashing and more crashing will happen soon because of the network are jumping too high.
As i can seen the fluctuate for the fees was increasing too fast.. look at the chart here .
https://blockchain.info/charts/transaction-fees-usd

So i think its not a good idea that the price of bitcoin will keep increase because the fee for transaction are keep increasing.. it will be worst if the fee will increase more so people will go to other crypto if the transaction fee will be increase that is why i think other holders are converting to other altcoin instead just will not be affect for miners fee..

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May 06, 2017, 12:24:52 AM
#43

Maybe i think the reason why the price was crashing and more crashing will happen soon because of the network are jumping too high.
As i can seen the fluctuate for the fees was increasing too fast.. look at the chart here .
https://blockchain.info/charts/transaction-fees-usd

Other market metrics to watch are
1) Hashrate
2) Adoption, indirectly guessable by number of transactions on the blockchain.
Or by trollbox chatlogs, activity / number of unique users
Some sites offer numbers about their registered users, but how do I know about site operator's honesty, or kind of Sybil effects.
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May 06, 2017, 07:17:50 AM
#44

It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

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May 06, 2017, 01:37:40 PM
#45

It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.



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HAS BEEN RELEASED!


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May 06, 2017, 01:50:35 PM
#46

It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
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May 06, 2017, 02:32:40 PM
#47

In a sense, I hope it does "crash" back down to $1,000-1,200... I'd love to pick up some more before another imminent growth spike Cheesy

The other top 10 cryptocurrencies, according to market cap, have also spiked in the past week, which is rare. Normally, when the prices of BTC increase, the other cryptos decrease. Don't know what the trends are going to be for this period, but this is something I haven't seen before. Could end up being a good thing for crypto...
I think so, this is a wonderful time in cryptocurrency world which bitcoin and other coins increase at the same time which never seen before. This condition means investors believe in every coin not only focus on bitcoin as it has some disadvantages which covered by another coin, so that would be great to diversify investment into some potential coins.
But, when it drop, I think after ETF rejected may cause panic sell again and bitcoin price could fall to around $1100- $1200 , hopefully not less than that.

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May 06, 2017, 02:36:19 PM
#48

I'm looking at the charts, and BTC is rising at the same speed, or even faster than previous ATH's. Does this mean a crash could happen within the next few days? I'm not saying it'll drop back to around the 700's, but I wouldn't be surprised if it dropped back to 1200, 1300. What do you think?

I wouldn't do this if i were you. Many might be harmed or panic just by reading this even if it came from a newbie.
There will always be a crash same with other commodities out there. It will not be Christmas all the time.
But it can be prevented if no one makes some news that dont even have facts to back it out.
Everything will just be mere speculations.

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May 06, 2017, 02:46:02 PM
#49

Lol well here's your crash. Let's see how deep we will fall this time.

I've been warning people not to invest in outdated unscaleable tech like bitcoin.
I guess who doesn't want to listen will have to feel it in his wallet.
Every single word you say is like a giant steel block of FUD, and no amount of times being proven wrong will stop you.  Every single post in your recent history has claimed that there will be a huge crash soon and every time you've been wrong.  When will you give up and just let Bitcoin grow?

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May 06, 2017, 02:48:04 PM
#50

Big crash - We can't possibly know.

Correction - Likely.
Yup the bitcoin connection is so slow from past month. I requested a payout of 20$ and it was even sent but coinbase rejected that payment for some reason and it is pending for 2 days. While when i sent a higher amount it was instantly sent. Using small amounts in bitcoin = impossible

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DrGuns4Hands
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May 06, 2017, 04:17:22 PM
#51

Indubitably, Bitcoin are going to crash, it will crash and rise and crash and rise again. Everything is accelerating. I see more and more people learn about it and use it. The more people use it, the more value it gets. Bitcoin is so far performing like an asset and such had its ups and downs. Obviously none of us can predict the future. Nobody knows. It is just a matter of when.

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May 06, 2017, 04:20:50 PM
#52

I requested a payout of 20$ and it was even sent but coinbase rejected that payment for some reason and it is pending for 2 days.

Payout 20$ from an exchange? That's not even worth the effort to start a withdrawel. They should start to increase the minimum payout to 10k $. Get rid of the poor.

Byteball address: CYV4YITSUKGIYCA5GUPIUPP377OF4NWQ
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May 06, 2017, 04:32:15 PM
#53

I requested a payout of 20$ and it was even sent but coinbase rejected that payment for some reason and it is pending for 2 days.

Payout 20$ from an exchange? That's not even worth the effort to start a withdrawel. They should start to increase the minimum payout to 10k $. Get rid of the poor.
As quoted that might be based on the terms and conditions of the particular exchange website. It could have got limitations in the withdrawal. As said by the mate it might be possible to withdraw more than $20, below which the withdrawal gets denied.

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richardsNY
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May 06, 2017, 04:47:28 PM
#54

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision

If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.

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May 06, 2017, 05:09:17 PM
#55

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.
The price of bitcoin is having a rally simply because of many reason,ETF approval is the main reason but there are other reasons,mainly there are more investments coming out of Japan after legalizing bitcoin,but expect a correction when there is a rally and that is nothing new in this case.The price could come down  when the SEC rejects ETF but i am not expecting a massive dump.














 

 

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Wayan_Pedjeng
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May 06, 2017, 05:21:06 PM
#56

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.
The price of bitcoin is having a rally simply because of many reason,ETF approval is the main reason but there are other reasons,mainly there are more investments coming out of Japan after legalizing bitcoin,but expect a correction when there is a rally and that is nothing new in this case.The price could come down  when the SEC rejects ETF but i am not expecting a massive dump.

It was mostly due to the Japanese recognition. Look at the BTC/JPY trade volumes for the last few days. The volumes have been massive. On the other hand, the ETF factor only had a marginal impact.
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May 06, 2017, 06:31:26 PM
#57

It was mostly due to the Japanese recognition. Look at the BTC/JPY trade volumes for the last few days. The volumes have been massive. On the other hand, the ETF factor only had a marginal impact.
Initially I thought so too, that new ETF has little impact on Bitcoin's price. That was until I have seen recent news - it's massive.
Barry Silbert's Bitcoin Investment Trust plans to offer up to $1 billion in shares, from initial $500 million!
SEC is currently reviewing BIT ETF, I am really curious what they will say this time.
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May 06, 2017, 08:05:41 PM
#58

I can't see any crash can any of you guys see it? all I see is the never ending pump of most of the coins, it's like many rich people entered crypto at the same time and I doubt if this bull run tames as easy as the last few times.

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May 07, 2017, 01:00:39 AM
#59

I can't see any crash can any of you guys see it? all I see is the never ending pump of most of the coins, it's like many rich people entered crypto at the same time and I doubt if this bull run tames as easy as the last few times.

"Entering" is merely one part of the working effects. Try "not leaving", too. Just by clucking on your pile the limited supply economy kicks in. Inevitably, on the long scale.
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May 07, 2017, 11:48:49 AM
#60

It's just a normal process of bitcoin economy, if there will be a pump there would be a dump too. I don't think it's the right word to say that a crash is coming, it's just an opposite power of pumping quickly and right now I'm seeing the price is falling down a little by little and it's fast.
but we cannot consider it as a crash, every one know that after a pump the market take some correction but it is not going to crash just like in previous  time when the price of bitcoin will fell down for 500 USD and 600 USD, but now the price of bitcoin is not going to fell down so much because the price get a good support at as people are not ready to sell their bitcoin and going to hold them for long long time. 

Yes that's why the terminology for me is wrong, it's not really a crash. And right now the price is increasing again so we really didn't felt that falling of bitcoins price yesterday. And instead of saying that there is a crash that is coming, it's better to say that there will be a big pump to come.

Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision

And as the we see the price today it's strong and stable at $1,550+. I believe and always expect that there would be a fall but still it doesn't matter because it can come back again to higher price, we just need to take care of our bitcoins and keep the faith on it. The more btc that you will hold and get into the ride, the more profit.



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