DonQuijote
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May 25, 2017, 02:16:30 PM |
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If the price drops 50% I would be exactly like last month, its not a problem for me
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THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
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Kotone
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May 25, 2017, 02:20:46 PM |
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Even a expert in bitcoin will not sure that bitcoin will be crash on that day no one will tell what will be the fortune of bitcoin no one thinks also that bitcoin gonna crash if you read this on some blog that they saying bitcoin will crash on that day or this coming month they spreading hoax news and they're hater of bitcoin currency.
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RodeoX
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The revolution will be monetized!
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May 25, 2017, 02:24:26 PM |
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OMG, this just in! It also might NOT happen!!!!! Get your heads around that. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) No one knows.
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bamboylee
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May 25, 2017, 02:40:01 PM |
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The sudden surge in bitcoin price is actually scary and bitcoin price crashing may be inevitable, but it may just be a correction. And I do not think it will crash below the previous support level. So if the price falls, then you must buy in because we already had a taste on how high bitcoin price can be.
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Rinder
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May 25, 2017, 03:01:43 PM |
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There is Japan new investors that are very interested into bitcoin, that fact is affecting the price a lot, people found at bitcoin an amazing source of income, sure the price is very high, i never imagined btc above 1300, were expecting it to come with the 2020 halving, the only thing that will make bitcoin loose its value will be the split, and it might last a few days to recover, but is looking that bitcoin dont wanna go down anymore, and next goal is the 3000 dollars, but at crypto you have no sure of nothing, a dump can happen as well back to 1000 dollars.
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Taki
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May 25, 2017, 03:07:07 PM |
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This is just your opinion and it based only on 2013 year and bull's constant growth. This post should be post in speculation thread. I am sure that we can expect from bitcoin whatever. Even in the case of new big drop the price will raise again se we don't need to panic.
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Kemarit
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May 25, 2017, 03:21:31 PM |
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The sudden surge in bitcoin price is actually scary and bitcoin price crashing may be inevitable, but it may just be a correction. And I do not think it will crash below the previous support level. So if the price falls, then you must buy in because we already had a taste on how high bitcoin price can be.
There are also some correction that happened. Its that it came and we didn't notice. I agree there will be another correction but I don't think if will have impact the price of bitcoin because historically, it shows that bitcoin can quickly recover from any price dip. And I think if there is a crash, it could have happened when we broke the $2000 barrier. So I think investors now are really bag holding bitcoin because they know that selling means a miss opportunity to profit huge.
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webtricks
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May 25, 2017, 03:47:47 PM |
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I think and I am predicting that a BIG CRASH is coming within the next 10 days.
So becareful and sell as soon as possible, before the boat sinks.
Interesting, you know what you have just written! You are inducing people to sell our their bitcoin before price could fall. Do you really know how price fall? It is when people largely sell off their Bitcoins. So if we consider this situation, you are saying people to escape consequences by selling Bitcoins which itself contribute to that consequences !! Presently Bitcoin is rising because people showing their support for Bitcoin all over the world. Indian wallet company, Zebpay has to impose the limit of $800 for everyone because everyone just wanna buy as many Bitcoins as they can. Indian prices have surge to $3300+, this time it is not 2013. This time it is real adoption which means real power to Bitcoin.
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izanagi narukami
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May 25, 2017, 04:00:16 PM |
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It's abnormal for me either to see bitcoin's value gone so far. For some reason about bitcoin enhancement , it's logical since bitcoin market try to adjust let say Japanese's demand for transaction sector. They legalize bitcoin on 1 Apr 2017 and I'm also read that India & Rusia will follow Japanese's track
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gollygosh
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May 25, 2017, 04:07:00 PM |
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Supply / demand - it's always this simple at the end of the day and the market wants what the market wants
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m1c0
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May 25, 2017, 04:10:34 PM |
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anything is possible imo, it could still skyrocket the next 30days to lets say $6000 then crash back to $3000, the demand is getting bigger and bigger we'll never know until it happens ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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longasleep
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May 25, 2017, 04:14:55 PM |
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read a article on gdp earlier saying japan is trying to use bitcoin to devalue there yen so they can loan more money in the future. would explain the extreme rise and why the japanese exchanges are like 300-400 dollar price ahead im holding till 9600
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SvenBomvolen
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May 25, 2017, 04:18:49 PM |
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I think and I am predicting that a BIG CRASH is coming within the next 10 days.
So becareful and sell as soon as possible, before the boat sinks.
Interesting, you know what you have just written! You are inducing people to sell our their bitcoin before price could fall. Do you really know how price fall? It is when people largely sell off their Bitcoins. So if we consider this situation, you are saying people to escape consequences by selling Bitcoins which itself contribute to that consequences !! Presently Bitcoin is rising because people showing their support for Bitcoin all over the world. Indian wallet company, Zebpay has to impose the limit of $800 for everyone because everyone just wanna buy as many Bitcoins as they can. Indian prices have surge to $3300+, this time it is not 2013. This time it is real adoption which means real power to Bitcoin. Right. It's more look like provocation, not as warning. This is just speculation based on "I just think so and that's it". Actually the drop in the price is possible next month after Chinese government will allow people to withdraw their bitcoins again. But today no one can say 100% when will it happen and will it happen at all.
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gollygosh
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May 25, 2017, 06:43:10 PM |
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pop goes the bubble - WOW almost $2700 - back to $2100 - what next
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tabas
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May 25, 2017, 07:55:38 PM |
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pop goes the bubble - WOW almost $2700 - back to $2100 - what next
I went back now at $2,365 so that will possibly a correction. And op's prediction did happened but it's not completely a crash I don't think it will fall lower. It will be good and stable at the border line of $2,000+. So be ready folks bitcoin is ready to pump again wait for those whales to buy some now after getting some profit.
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Monnt
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May 25, 2017, 08:11:37 PM |
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pop goes the bubble - WOW almost $2700 - back to $2100 - what next
I went back now at $2,365 so that will possibly a correction. And op's prediction did happened but it's not completely a crash I don't think it will fall lower. It will be good and stable at the border line of $2,000+. So be ready folks bitcoin is ready to pump again wait for those whales to buy some now after getting some profit. Yes, I am also seeing it as correction as I am not finding any negative news which affects bitcoin ecosystem. When big whales do book profits, we can see such big swings and it might be happening right now. But we never need to get panic as long as volume is not supporting these corrections. In next 10 days, I am expecting bitcoin prices to reach $5000 levels, but some people are FUDing based on above mentioned few time to time corrections.
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The Sceptical Chymist
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May 25, 2017, 08:21:46 PM |
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Wouldn't surprise me. OP is right, nothing gains this much in value this quickly and stays there for long. I also think we're due for a correction or crash or whatever you want to call it. This market we're seeing is nuttier than a fruitcake. I'm still wondering where all this money is flowing in from.
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Machanto
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May 25, 2017, 08:26:37 PM |
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It was bound to happen someday after that huge spike but its not that bad because bitcoin is bound to rise again and even further nothing has stopped so far and i'd love to believe that nothing will
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Machanto
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May 25, 2017, 08:35:40 PM |
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Wouldn't surprise me. OP is right, nothing gains this much in value this quickly and stays there for long. I also think we're due for a correction or crash or whatever you want to call it. This market we're seeing is nuttier than a fruitcake. I'm still wondering where all this money is flowing in from.
It's possibly from WannaCry, some sort of virus that encrypts all your files and demands 100$ in BTC to get them decrypted. It was patched recently and as a result a 2.0 version came out but I doubt that it will be enough to support the huge increase in price though
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Paya
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May 25, 2017, 08:49:31 PM Last edit: May 25, 2017, 09:11:17 PM by Paya |
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Current values are almost completely based on overblown expectations and speculation games: number of coins in circulation and trade levels are actually pretty pathetic and way out of sync with this abnormal surge in price. It's not so much about the increased demand for btcs, but more about the the fact that big hodlers (hodling has become almost like sort of religion nowadays) are creating artificial shortage. At the end, what we get is unsustainable, unhealthy growth based on thin air and not much else. Bitcoin simply does not worth this much at this point in its evolution. That's why this was the first time in the past 6 years that I've dumped majority (2/3) of my btc stash, all in the past 24 hours: my gut feeling tells me this isn't going to end well.
All in all, the big crash is quite believable scenario unfortunately. If that happens, recovery will be long and painful. Bubbles are incredibly damaging to bitcoin.
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