Possible big Crash coming within 10 days

[PokerDiceMan]

without bad news very dificult bitcoin price crash can big down price

[deisik]

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.

No asset can increase its prices the way bitcoin is doing?

What about microsoft stock?(1500% in 3 years):

There are many examples of assets, stocks & commodities having massive price fluctuations similar to bitcoin.

3 years is pretty long in Bitcoin terms

But I have a better example of something which is more material than both Bitcoin and Microsoft shares taken together or even multiplied by each other. I refer to silver and its dramatic rise and no less dramatic fall just a few years ago. In 2011 it started rising and rose within a few months from around 15 dollars per ounce up to almost 50 dollars (i.e. more than 3 times). And then quite naturally silver crashed since that was no more than severe market manipulation (trading rules had been changed after that)



Even more extreme was silver price manipulation by the Hunt brothers in 1980

[umbara ardian]

Despite major accidents in the next 10 days, I still believe bitcoin will continue to climb from previous years. Many people do not understand what bitcoin is. Many researchers think bitcoin will someday ride more than this price. I will not sell bitcoin in 1 or 2 years to come. And I want to see bitcoin growing and the world will enjoy the bitcoin currency.

[Armstand]

Despite major accidents in the next 10 days, I still believe bitcoin will continue to climb from previous years. Many people do not understand what bitcoin is. Many researchers think bitcoin will someday ride more than this price. I will not sell bitcoin in 1 or 2 years to come. And I want to see bitcoin growing and the world will enjoy the bitcoin currency.

I believe that too, I don't have plans of selling it yet, It may be risky but I believe that btc can still be high at it can be.

[creative~mind]

We are already seeing the first signs of this in altcoins, and I think most of them are going to crash. But regading Bitcoin, I don't know... it's not like in 2013 anymore, when there were a bunch of speculators and the market was dominated by Mt. Gox. We are witnessing something more globalized here, and it is difficult to predict where this might lead us.

[Glucose]

We are already seeing the first signs of this in altcoins, and I think most of them are going to crash. But regading Bitcoin, I don't know... it's not like in 2013 anymore, when there were a bunch of speculators and the market was dominated by Mt. Gox. We are witnessing something more globalized here, and it is difficult to predict where this might lead us.

OP seems quite right at the moment. A big correction is underway. I think bitcoin will be 1000-1500$ bitcoin in a few days.

But this can also be seen as a buying opportunity. Bitcoin has been going too high, too fast. A correction is needed.

[lemipawa]

What happened early today is not the big crash that OP is saying that in 10 days will happen. There was a big drop yes not the kind of drop that stayed there for quite some time. If you notice, price of Bitcoin recovered after a few hours. There were news circulating today that says something about market adjustment but for me its one of those opportunity to buy some more and hold again. Selling and panicking about the sudden drop of Bitcoin will not help the price of Bitcoin to recover.

[Kevin77]

We are already seeing the first signs of this in altcoins, and I think most of them are going to crash. But regading Bitcoin, I don't know... it's not like in 2013 anymore, when there were a bunch of speculators and the market was dominated by Mt. Gox. We are witnessing something more globalized here, and it is difficult to predict where this might lead us.

OP seems quite right at the moment. A big correction is underway. I think bitcoin will be 1000-1500$ bitcoin in a few days.

But this can also be seen as a buying opportunity. Bitcoin has been going too high, too fast. A correction is needed.

No, a correction already happened and it is already week end in Asia and Europe hence you cannot expect another rally till next week. If prices will fall up to $1000/$1500 that must be a big crash as that may lead to losing more than 50% from peak levels. I guess that will not be happening as there is no bad news are happening in bitcoin economics.

[Lieldoryn]

What happened early today is not the big crash that OP is saying that in 10 days will happen. There was a big drop yes not the kind of drop that stayed there for quite some time. If you notice, price of Bitcoin recovered after a few hours. There were news circulating today that says something about market adjustment but for me its one of those opportunity to buy some more and hold again. Selling and panicking about the sudden drop of Bitcoin will not help the price of Bitcoin to recover.

I understand that may not be a permanent increase in the price of bitcoin, but it seems to me that the market is now warmed by the expectation of growth and in such conditions can not be drop. As for a rollback it happens all the time. A sharp jump and then a small pullback. I'm sure that bitcoin will reach $ 3,000.

[mrcash02]

What happened early today is not the big crash that OP is saying that in 10 days will happen. There was a big drop yes not the kind of drop that stayed there for quite some time. If you notice, price of Bitcoin recovered after a few hours. There were news circulating today that says something about market adjustment but for me its one of those opportunity to buy some more and hold again. Selling and panicking about the sudden drop of Bitcoin will not help the price of Bitcoin to recover.

I understand that may not be a permanent increase in the price of bitcoin, but it seems to me that the market is now warmed by the expectation of growth and in such conditions can not be drop. As for a rollback it happens all the time. A sharp jump and then a small pullback. I'm sure that bitcoin will reach $ 3,000.

Bitcoin will surely hit $3000 soon, but maybe there will be another dump before and that is a bit obvious as it's impossible to have a huge pump without corrections next. It's not a big crash, but it can bother you if you want to buy and sell soon, on long term it's safe as always. For me there is still an incognite if the price will fall a bit more or if it will increase until $3000.

[fuer44]

What big thing will happen within 10 days? I don't really understand it, I myself still newbie and don't yet understand in detail the big things that concern bitcoin
Thanks

[szpalata]

without bad news very dificult bitcoin price crash can big down price

Exactly so we advise all propagandist to desist from their usual badmouthing of Bitcoin and let our cryptocurrency grow. I don't know why they occasionally find their voices but this time around we will not sit down and watch them talk ill against Bitcoin.

[cpfreeplz]

...because it is 100% that is a ponzi scheme.

A ponzi is one person or business that takes funds, shows people fake results and then pays out the interest to people using new people's money. Bitcoins you can cash out at any point. If you're stupid enough to think it's a ponzi then why are you even registered at bitcointalk? Maybe try a google search first. I didn't read past this point. Your arguments are null and void. Not an opinion (like your wild guess) but fact.

[tabas]

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.

This correction is taking too long. Hoping that it will end very soon as I want to see a new price increase. There are just people that just can't control their feeling and they are trying not to miss out some profits because they think that the price will not increase soon. But well, this is maybe the crash that OP is telling.

[maydna]

What big thing will happen within 10 days? I don't really understand it, I myself still newbie and don't yet understand in detail the big things that concern bitcoin
Thanks

maybe he mean that within 10 days, the price will be fall into deep and we are going to see the lower price like before and we are getting hard to see the highest price like now. but i am waiting for what will happen within 10 days like the OP said and i hope the price is not going down too deep. but i think the OP is right, because with the price now, only rich people that can bought bitcoin with their money, and the other only can bought bitcoin part by part and its too expensive to buy a whole of bitcoin.

[MingLee]

I think a lot of people are underestimating what OP is talking about.
Bitcoin took a pretty big hit today, losing what is now $500 over the course of 36 hours, and China still has yet to wake up and get into the market, so we might see the plummet continue or we may see whales buy it all up.
The fact of the matter is that the market is unstable right now, might go below $2000 if it gets really bad, and might experience more troubles for a while. I was waiting for an event like this and it seems very likely it will get worse from here if people don't start buying.
There is a limit to how positive someone can be about this.

[Superways]

That is only a rumor which some people want to spread in order to reduce the price of bitcoin as they are sure that the price will continue to increase but for a while they want to decrease the price and want to buy them at lower price and then prepare themselves for another pump in the price of bitcoin.

[FiiNALiZE]

without bad news very dificult bitcoin price crash can big down price

There was not many news articles that was an important cause for the price to rise. Other than the "Price of Bitcoin reaches $2,000" articles there was no special reason why the price of Bitcoin reached this high. Since the people decided that the easiest method of getting Bitcoin is through Bitcoin Exchanges like Coinbase, Kraken, Bitstamp, etc the promotion of the RansomWare thing allowed Bitcoin's value increase more known to the people that may have heard a little about Bitcoin before.

[Sled]

That is only a rumor which some people want to spread in order to reduce the price of bitcoin as they are sure that the price will continue to increase but for a while they want to decrease the price and want to buy them at lower price and then prepare themselves for another pump in the price of bitcoin.

And now they are dumping so that this kind of prediction will get hype. Too bad for the people that has a thinking like that. Comparing a dumping happened 4 years ago is insane. There are a lot of difference from now and past.

There is a dumping situation that is going on and i think the past big dump is possible to be repeated for this moment because a lot of people now are panicking and they are all selling their bitcoin to be safe from the possible more dumps to happen. The price of bitcoin i think will go back up to $1,500 and it is better to just secure your profits now before you regret.

[Xester]

If only I have considered that a crash will be coming I should have converted my bitcoins to fiat currency when it was very high. The author was also wrong since he told us that it will happen in ten days time but it happened much earlier than expected. But I don intend to blame myself instead I will just hoard my bitcoin in my wallet and wait for the proper time to convert it to fiat currency.