Possible big Crash coming within 10 days

[donbu7]

I think and I am predicting that a BIG CRASH is coming within the next 10 days. 

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

[OROBTC]

...

No one knows what will happen.  Experts in almost any field where predictions are made usually do no better than anyone else in guessing future price movements, for example.

Nonetheless, everyone should be prepared for a sharp fall in prices!  It is very normal for almost any volatile market, and of course is perfectly normal for Bitcoin.

Note that I sold some BTC (for platinum, providentmetals.com), but I sold too soon ($2220)!  NO ONE can predict the future.

Still, if BTC reaches $2600, $2700, well OK, I'll buy gold then.  Have before, and can do it again.

[Karpeles]

Why is the big crash bound to happen?

Why in 10 days?

Why would be big enough to bring the price "to the ground", whateve that mean?
The experts probably don't know what Bitcoin is, so their opinion doesn't matter, because Bitcoin is a different kind of kind.

Also sometimes there are a few business that valuated as much as Bitcoin did recently. What was internet in the 1990's and what is today? What about the Apple shares? What about the electronics and the computer industry? Etc.

What I see is few people with bitcoin(1M to 3M at most) and a potential for several dozens of millions at least using Bitcoin in the future. Can't see nothing but big rises in the long term.

[coynedterm]

I think and I am predicting that a BIG CRASH is coming within the next 10 days. 

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

I think you are still newbie in the Bitcoin .
It seems that you know about the Bitcoin from one years , but here I would like to tell you that go in the year 2008 where the Bitcoin was 1btc = 3$ ( and goes down to 1$ also ) .
And then after from that time the value of one Bitcoin is 2500$ which is not a strange according to the history of increase in the price .
But i am also sure that it will crash but not big , may be 40-50$ not to go big , because everyone knows that Bitcoin is much stable and everyone knows that how to make money with Bitcoin and how much we need to wait until the price increase .
So in that case price will not much go down  and stability will exists in the price .

[xianbits]

Even if there will be a big crash happening in 10 days, I still don't want to sell my bitcoin, (though I don't own that much). Yes, possibly it will crash but as it crashes, the only thing I'd do is BUY, not sell. I strongly believe that bitcoin still has a lot of potential and I can wait few more years to see that.

[Mometaskers]

...

No one knows what will happen.  Experts in almost any field where predictions are made usually do no better than anyone else in guessing future price movements, for example.

Nonetheless, everyone should be prepared for a sharp fall in prices!  It is very normal for almost any volatile market, and of course is perfectly normal for Bitcoin.

Note that I sold some BTC (for platinum, providentmetals.com), but I sold too soon ($2220)!  NO ONE can predict the future.

Still, if BTC reaches $2600, $2700, well OK, I'll buy gold then.  Have before, and can do it again.

I'm also getting nervous with how high it is going. I mean we all want it to go high but the current rate of increase seem to good to be true. Can't blame people suspecting some other thing is going on. If it'll ever crash, how low do you think it would go down? I basically just got a few bits (not even a whole bitcoin) and if it's going to steeply go down anyway, then might as well convert it to fiat and use that to snag up cheaper coins later.

On a different topic, what happened to Poliniex? So this week, I finally mustered the to courage to go trading and I was surprised how fine it went for me. Things seem to be normal last night. When I woke up this morning, all the coins are in red.

[RussiaCoinDotInfo]

I don't think you should be selling, but in saying that I think you should be buying tangible items who's value doesn't go up or down like a Yo-Yo.

[xianbits]

...

No one knows what will happen.  Experts in almost any field where predictions are made usually do no better than anyone else in guessing future price movements, for example.

Nonetheless, everyone should be prepared for a sharp fall in prices!  It is very normal for almost any volatile market, and of course is perfectly normal for Bitcoin.

Note that I sold some BTC (for platinum, providentmetals.com), but I sold too soon ($2220)!  NO ONE can predict the future.

Still, if BTC reaches $2600, $2700, well OK, I'll buy gold then.  Have before, and can do it again.

I'm also getting nervous with how high it is going. I mean we all want it to go high but the current rate of increase seem to good to be true. Can't blame people suspecting some other thing is going on. If it'll ever crash, how low do you think it would go down? I basically just got a few bits (not even a whole bitcoin) and if it's going to steeply go down anyway, then might as well convert it to fiat and use that to snag up cheaper coins later.

On a different topic, what happened to Poliniex? So this week, I finally mustered the to courage to go trading and I was surprised how fine it went for me. Things seem to be normal last night. When I woke up this morning, all the coins are in red.

Same as you, I only have a few bits of bitcoin. So, I am thinking we are on the same boat. But since you started trading, maybe you could just hold your bitcoin even if it crashes. Most probably when it happens, alt coins will then start to rise and it's your time to sell your alt coins. That way, you have increased your bitcoin.

[lienfaye]

The price of bitcoin now is really good to make profit but we cant predict whats going to happen in the future, there might really a big crash coming in btc but i doubt it will happen in the next 10 days. if you have no guts to face whats ahead selling your btc now is what you can do. i was tempted to sell my coins but i chose to wait and see what is the future of it.

[Idrisu]

I think and I am predicting that a BIG CRASH is coming within the next 10 days. 

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

This your post show that the world or people really has a very little knowledge on how assets work. Bitcoin doesn't  increase itself but people create values for it. Just like oil bump in eighty that makes many people millionaire is the same thing that is happening now to crypto currencies. For your information bitcoin will not clash within the next 10year as your prediction has no any technical and fundamental backup.

[grermezter]

First and foremost we have to know why the price of bitcoins is soaring like that, after these facts are known can we predict whether a crash is coming.

[xianbits]

First and foremost we have to know why the price of bitcoins is soaring like that, after these facts are known can we predict whether a crash is coming.

There are lots of people saying ransomware has really affected the soaring price of bitcoin. In that case, if this illegal activity can be solved, can we say that the bitcoin price may start to drop?

[pinkflower]

...

No one knows what will happen.  Experts in almost any field where predictions are made usually do no better than anyone else in guessing future price movements, for example.

Nonetheless, everyone should be prepared for a sharp fall in prices!  It is very normal for almost any volatile market, and of course is perfectly normal for Bitcoin.

Note that I sold some BTC (for platinum, providentmetals.com), but I sold too soon ($2220)!  NO ONE can predict the future.

Still, if BTC reaches $2600, $2700, well OK, I'll buy gold then.  Have before, and can do it again.

But what kind of preparation should we do? Make fiat preparations to buy more if a sharp fall happens like what Mr. Crystal Ball said? What happened to all the permabull mindset? I thought it was BTC or bust no matter what.

[Kakmakr]

If this is true, I want to buy shares in your crystal ball. ^smile^ You have to remember this technology is still relatively new and very disruptive in many areas. < remittance / point of sale / exchanges / traded as a commodity > So if one country starts to accept Bitcoin like Japan just did, the price will explode.

Mass adoption will have huge influences on the daily price. ^smile^

[Dudeperfect]

Probably you are right and probably you are wrong. Yes, bitcoin has grown so big in last few weeks but that doesn't mean that it will crash because no one knows the real reason behind this growth. Probably after wanna cry attack, people started to learn about bitcoin and this technology. Anything could be the reason.

[jaberwock]

Saving this topic so I can bump it in 10 days and laugh at OP's expense because we'll still be breaking ATH's every hour by them.

See you soon

[nydiacaskey01]

There's a difference between what happened in 2013 and whats driving the price of Bitcoin to climb to what it is now. If you think about it since Japan started accepting Bitcoins, there's a demand from that country to buy Bitcoins and a few weeks from now Australia will start accepting Bitcoins which will also cause an increase of demand of Bitcoins. Back in 2013, there's not much positive news like that.

[Mometaskers]

...

No one knows what will happen.  Experts in almost any field where predictions are made usually do no better than anyone else in guessing future price movements, for example.

Nonetheless, everyone should be prepared for a sharp fall in prices!  It is very normal for almost any volatile market, and of course is perfectly normal for Bitcoin.

Note that I sold some BTC (for platinum, providentmetals.com), but I sold too soon ($2220)!  NO ONE can predict the future.

Still, if BTC reaches $2600, $2700, well OK, I'll buy gold then.  Have before, and can do it again.

I'm also getting nervous with how high it is going. I mean we all want it to go high but the current rate of increase seem to good to be true. Can't blame people suspecting some other thing is going on. If it'll ever crash, how low do you think it would go down? I basically just got a few bits (not even a whole bitcoin) and if it's going to steeply go down anyway, then might as well convert it to fiat and use that to snag up cheaper coins later.

On a different topic, what happened to Poliniex? So this week, I finally mustered the to courage to go trading and I was surprised how fine it went for me. Things seem to be normal last night. When I woke up this morning, all the coins are in red.

Same as you, I only have a few bits of bitcoin. So, I am thinking we are on the same boat. But since you started trading, maybe you could just hold your bitcoin even if it crashes. Most probably when it happens, alt coins will then start to rise and it's your time to sell your alt coins. That way, you have increased your bitcoin.

I do just have them in the exchange, I'm just monitoring the prices. If they'll pump up first before there is a btc plunge, maybe I'd still be able to sell them and then use the profits to buy some other alts.

Saving this topic so I can bump it in 10 days and laugh at OP's expense because we'll still be breaking ATH's every hour by them.

See you soon

I sure hope you'll be proven right. I was also thinking of selling because this increase is unnerving me. Maybe I'll just convert just the amount i would be needing for this month. If prices do fall, then I'd use that to buy instead.

[audaciousbeing]

I think and I am predicting that a BIG CRASH is coming within the next 10 days. 

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

In as much as your fear can be valid, I expect a more robust basis for arriving at that conclusion. The past is of no relevance to the future rather a basis for prediction which inmost cases wrong and also the adoption of bitcoin by the very relevant bodies has increased significantly from 2013 to start comparing the two. Even at that bitcoin has been able to break away from the dominance of one country as we have had in 2013.

[ImHash]

Here is what I think; professionals can go and f**k themselves do they not know there are only 21M bitcoins and now only 16.3M in circulation?
This isn't just about the price but about what can you do with bitcoins and whether or not people worldwide will ever accept it as a currency.
Anyone wants to dump their coins are free to do so, lucky us to buy more and cheap.
Those pros are a bunch of idiots if you ask me, because they don't even know what a ponzi is, in a ponzi only a few profit most above all others but in bitcoin if you sell I buy and if I sell someone else will buy and so on, not a pyramid but more like a circle everyone will continue to back it up.