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Author Topic: Bitcoin Crash??  (Read 1986 times)
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August 20, 2017, 12:48:58 PM
 #21

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh

In recent months (mainly due to the increased price) there have been a huge load of these so called self-appointed-experts popping up, throwing around with their baseless thoughts and predictions. None of them have actually made any sort of significant contribution to understand what Bitcoin is, or why it has value in the first place. The news sites these "experts" are working for, are only out to jump on the next big thing in an attempt to gain visitors and subscribers, and that next big thing happens to be Bitcoin. If we had to believe these idiots, Bitcoin would have been worthless already. Always do your own research instead of taking things coming from whatever news source for granted.
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August 20, 2017, 12:50:53 PM
 #22

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh
Without proper citation and resources we can't verify their claims. Might just be a hoax to scare people off and dump their coins so people involved in spreading those rumours can invest when the price falls. Please don't believe everything you read in the internet. Make sure you are collecting information from a trusted source.

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August 20, 2017, 12:51:05 PM
 #23

Whenever the Bitcoin price is in uptrend, many so called experts start calling it a bubble. Bitcoin was in uptrend since the starting of this year. The only huge and a month long dip came in July that all because of the uncertainties created by fork and not because of the natural correction. With many investors turning to cryptocurrencies, demand is quite high this year and is still is. Thus, the price will keep on increasing with a small term ups and downs in future.
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August 20, 2017, 12:52:16 PM
 #24

Experts have no idea if bitcoin will crash, just like they have no idea if it will go up in value vastly. People claiming they called it got lucky mostly. I also think long term technical analysis is also bullshit.

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August 20, 2017, 12:57:56 PM
 #25

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh

Haha you couldn't read that, you are a liar!!! Why didn't you share the links? One more fud thread started by a newbie, I wonder who paid you to open account here and post this nonsenses.
I always get a bit annoyed when I see threads like this one, shit people can't do anything good and then they are trying to draw attention in anyway possible.
I also wonder did you really opened account here just to post this thread and disappear after like many other fudsters? Probably yes, Cryptoticker I will remember your username for sure!



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August 20, 2017, 01:11:59 PM
 #26

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh
Those are just some bull shit posted by biased authors, also don't follow any analysis or trading advises you will find on internet. Do your own research before believing in such shits.

Bitcoin might have some correction but it will not crash because there is nothing in near future that can have negative effect on bitcoin's price.
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August 20, 2017, 02:05:38 PM
 #27

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh
Those are just some bull shit posted by biased authors, also don't follow any analysis or trading advises you will find on internet. Do your own research before believing in such shits.

Bitcoin might have some correction but it will not crash because there is nothing in near future that can have negative effect on bitcoin's price.

It's coming down below ~$4k now, I suppose it'll correct itself a bit more, going down even more. It's hard to say why it's getting even higher in value nowadays, so it's pretty reasonable to expect a crash soon IMO.

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August 20, 2017, 10:06:50 PM
 #28

Money is not made in bitcoin, money is made in altcoins with future. Bitcoin = digital gold and a payment system for geeks with high fees... Real payment system will probably be OMG (OmiseGo).

Well, for us small fish, I agree that money is made most easily with altcoins. But I put that money into BTC. Tongue OMG (OmiseGo)? Never even heard of it. Terrible name, though, so I wonder how they'll market it.

Experts have no idea if bitcoin will crash, just like they have no idea if it will go up in value vastly. People claiming they called it got lucky mostly. I also think long term technical analysis is also bullshit.

I'm not sure what "expert" even means here. I don't think that financial analysts trained in traditional markets should be in a position of authority here. Bitcoin and cryptocurrencies are a whole new asset class, and there are no precedents for them.
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August 20, 2017, 10:29:57 PM
 #29

Bitcoin crashed hard off of $1100 a few years ago, that was in the newses as well.
Long term it didn't matter for shit though, huh.
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August 20, 2017, 10:41:09 PM
 #30

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh

Anyone can proclaim an expert in terms of bitcoin market. And what's new with the movement of bitcoin's market and price? I'm already expecting that there's a crash that'll happen very soon. But I guess it already happened, the price went back at $4k upon reaching $4.4k and this probably the crash.
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August 21, 2017, 05:04:22 AM
 #31

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh
Experts prediction has nothing to do with bitcoin price.Already,expersts who call themselves like that predicted many times that bitcoin is going to die and sometimes that bitcoin price is going to increase,but none of their predictions proved to be correct all the time.So,lets leave it.Bitcoin is getting legalized in many countries and getting populr world wide.so,we could ourselves easily predict that bitcoin is going to have a great future.

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August 21, 2017, 10:15:03 AM
 #32

You read several newspaper that Bitcoin will crash.
sounds really informative for me,honestly speaking i read such a thing too.
but it's the opposite of your statement,i read a hundred newspaper,article,webpage and others about Bitcoin price will be huge in the coming year.
They said it will hit another ATH every next year,and in 3 years from now on we will see $500.000 dollars.
so what do you think ?

i just want to say,you're already old enough and don't be like a ten years old kid,
you should understand what is fact and rumour,
it will go down in the future,but it doesn't mean Bitcoin will crash.
today you go up,tomorrow you will go down just like that
interesting, thank you Smiley
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August 21, 2017, 10:18:15 AM
 #33

Absolutely Not. If anything they will only increase in value, as more people adopt the technology more and more people will bring the value up. There's only so many bitcoins. When they stop mining the value will increase exponentially.

This is not like the Fiat currency the concept is different and the Bitcoin is not going to crash.

This is is literally magic Internet money.
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August 21, 2017, 11:07:23 AM
 #34

Absolutely Not. If anything they will only increase in value, as more people adopt the technology more and more people will bring the value up. There's only so many bitcoins. When they stop mining the value will increase exponentially.

This is not like the Fiat currency the concept is different and the Bitcoin is not going to crash.

This is is literally magic Internet money.

Yes, this currency is significantly different from Fiat. Bitcoin is stronger than Fiat in some countries. Its value is constantly growing and will grow, because it depends on popularity. He has not yet reached the peak of popularity, and hence the peak of his price

Kemarit
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August 21, 2017, 11:43:06 AM
 #35

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh

Ok, here's the thing, there are no so called 'experts' in bitcoin because no one can really predict the price. Well there is graph but it could only guide us as to where the price moves. This is just FUD, if bitcoin could have crashed, it should happened before. But bitcoin didn't and even soar high after a big crash. And besides, you don't believed everything you see or read in the Internet. So to answer your question, I don't think that bitcoin will crash. Actually, is the opposite, the price will go up every year because its getting difficult to earn bitcoin. And 2 years from now, there will be 'halving' which makes mining difficult, pushing the price to new heights. So itself of speculating that it will crash, I advise you to buy bitcoin and hold on it for the long haul.

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Chikitita2004
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August 21, 2017, 03:00:59 PM
 #36

They are just so damn jealous  Grin. If it is going to crush soon, i think the possible reason will be legality and the government's meddling in the matter. I wish they will not put their dirty hands on it. 

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August 21, 2017, 03:14:16 PM
 #37

we are in 2017, shit is soooo complicated that nobody honestly can call himslef an expert as there are no experts even in the traditional sock market. maybe there are only few whales that can drive the market but no models or analisys can predict short-time price movements. on the contrary you don't need to be an expert to understand that bitcoin (as well as other altcoins) will go to the moon price side in the long run

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August 21, 2017, 03:58:26 PM
 #38

I do not care if bitcoin crash now, maybe it's time for bitcoin to crash, I will not panic about the news, because I'm sure bitcoin will increase again because I see in this year the bitcoin movement is very positive after there is stability as now most likely the price will be crash and will increase again because the next bitcoin goal is $5000.
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August 21, 2017, 04:04:56 PM
 #39

First thing is, what kind of newspaper? You should mentioned it in here.
Then, who are these experts? Just self-appointed-experts as they claim themselves like that?
Last, crash mean? If bitcoin price drop back as much $1000-$2000, is it crash? I don't think so, it just another discount time.
Nothing for sure about what will happen in the future, but at least we have some clues and some repeated pattern regarding bitcoin price.
So, I'm sure bitcoin more likely continue to rise instead of crash.
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August 21, 2017, 04:10:36 PM
 #40

I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Huh

Newspaper and experts just need attention, you are fulfilling their wish.
No one in the world could anticipate Bitcoin rise or decline especially in the season when there isn't any big event coming which could have big impact on BTC prices.
When we say decentralized, do include such rumor or FUD spreaders too. They are also integral part of Bitcoin's decentralization feature i.e. decentralization in freedom of speech. Cheesy
Simply ignore such rumors and keep believing in Bitcoin.
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