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Aamir1
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August 21, 2017, 04:19:07 PM |
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These all are just rumors to make people stop believing in bitcoin. Just see the reaction of newbies and you will understand the effect of such rumors in this forum or in real world. There are always people who panic after hearing such news (even if they are not true) and they spread this news all around, and as it is said, "A lie said a lot, becomes a truth." which means if everyone or maybe a lot of people start believing in this, it will surely affect the price of bitcoin.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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severaldetails
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August 21, 2017, 04:49:53 PM |
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It depends on what you define by crash.
In the world of stocks a price decrease of 10% is already a major crash.
In the cryptocurrency world it's just something like a rather bad day. Maybe even recompensated tomorrow.
Corrections can come every time.
A real crash (I'm talking about 70% loss) I doubt that. It would need a trigger for that to happen and don't see something like that.
Not even a possible fork of bitcoin.
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arpon11
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August 21, 2017, 07:02:03 PM |
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I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think?  The rising Lately was so significant that one has to expect a significant clash in future. If the pumping is coming from bitcoin Cash owners the there may be correction but if it traders that is the one influencing the market then we expect the clash. |
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Oceat
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August 21, 2017, 07:23:13 PM |
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I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? What makes these people experts? Who named them experts? Experts predicted that Trump will not become president. Experts predicted that Brexit vote would fail. Experts predicted that the world would run out of oil by the year 2000. I don't trust experts. You seemed to be annoyed to those 'experts people' they said. lol. Anyway everyone has their own opinion and not everyone is perfect. They can fool other people but not everyone. Those experts are trying to spread some rumor about bitcoin, i don't know if this is another scam scheme or what but people who knows what bitcoin is will not actually believe them, they were just talking not doing something for the greater good to our crypto world. |
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pitham1
Legendary
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Activity: 1232
Merit: 1000
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August 21, 2017, 08:36:21 PM |
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These all are just rumors to make people stop believing in bitcoin. Just see the reaction of newbies and you will understand the effect of such rumors in this forum or in real world. There are always people who panic after hearing such news (even if they are not true) and they spread this news all around, and as it is said, "A lie said a lot, becomes a truth." which means if everyone or maybe a lot of people start believing in this, it will surely affect the price of bitcoin.
Forget the rumours about Bitcoin going to crash, the mainstream media is falling over each other to predict higher and higher prices of Bitcoin. Some are going as far as to project 6 digit figures. While you have doomsday scenarios on one hand, you also have very bullish predictions. |
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BitMaxz
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Activity: 3234
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Block halving is coming.
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August 21, 2017, 11:33:57 PM |
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There is possibility that bitcoin can be crash soon but with my own analyze i think bitcoin can be stay strong in this price because the trends still strong if you can see the trends in google trends its still in demand so more possibility that the price of bitcoin can be increase more instead the price of bitcoin can be crash. look at the market if you seen the price was decrease sooner there are traders can be a lots of bitcoin and increase its value so i think they are many people are waiting for the drop price of bitcoin and buy that is why we are still in a good price..
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chesthing
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August 22, 2017, 12:35:55 AM |
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I hope so, it means an opportunity for those who missed the last pump.
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maydna
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August 22, 2017, 04:09:17 AM |
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many news we know and we read in out there especially in online news and offline newspaper, but i think we need ourself to prepare for the bad thing that might be happen in bitcoin world because the thing will not be the same in every day. so if we are ready and we have prepared, then if the price is suddenly drop and down too far, we are not surprise and we can survive for the hardest moment in bitcoin. maybe bitcoin will crash after this but as long as we can handle with good and the important thing is we don't panic, then we can pass this and we can still make money.
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sofi@
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August 22, 2017, 06:00:23 AM |
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I think Bitcoin is starting to crash now but we must not get afraid instead take this opportunity to buy bitcoin and invest I know this crash will not take too long and bitcoin value will increase again and maybe it will reach $5000 before the end of 2017. We must be ready for whatever situation bitcoin is going thru it's the nature of bitcoin the fluctuations is what makes bitcoin popular.
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Kakmakr
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Leading Crypto Sports Betting & Casino Platform
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August 22, 2017, 06:25:21 AM |
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What crash? If you have been around long enough, you would see this as a opportunity and not a crisis. You have to remember that Bitcoin is still relatively small in comparison to other commodities, like gold. This makes market manipulation by whales much easier, because a few Bitcoin whales can easily "fake" a mini dump or even fake a "spike" in the price.
I get exited when I see these mini dumps, because I see big profits when I buy low and sell high. < Buy on the dip, as we say >
The lower it goes, the more profit I make when it gets pumped again. This has happened over and over again and people who has been around for a longer time, know this. < We eat all the smaller fish, when they panic >
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iram1011
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August 22, 2017, 06:29:02 AM |
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Today people are behaving as if Bitcoin should only go up but not down. Just a dip $200 doesn't means that it is a crash. It is just a natural volatility of Bitcoin. Why so much fear out of nothing?
Enjoy these dips for buying some more!
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HatakeKakashi
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August 22, 2017, 06:53:28 AM |
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If you see the price of bitcoin today decrease but I think it will back again to the current price after few days and it will increase more to the current price. Many news, articles that bitcoin crash but actually we dont know when exact happen maybe today, tomorrow , next year. But I hope bitcoin will live long in the next few years so many people earn money with the help of bitcoin. More bitcoin more profit.
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Cranidos
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August 22, 2017, 07:32:52 AM |
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I read in several Newspaper that experts think the Bitcoin is gonna crash soon. What do you think? Maybe they are just self proclaimed experts. It is difficult to trust those experts since Bitcoin predictions are difficult to be accurate. Well maybe they are just whales that are planning to dump some Bitcoins so that they can trigger panic selling any time soon. That would make sense if ever their prediction will happen. |
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coleman268
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August 22, 2017, 08:34:57 AM |
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If you look at the price chart of Bitcoin there's always a crash after a major increase in price for Bitcoin, but it always ends up going back up and reaching even beating it's previous price when it starts to increase in value again. As time goes on and more people start to learn about Bitcoin cryptocurrency I think it'll continue to rise for at least a few more years.
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alyssa85
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Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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August 22, 2017, 08:51:12 AM |
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It depends on what you define by crash.
In the world of stocks a price decrease of 10% is already a major crash.
In the cryptocurrency world it's just something like a rather bad day. Maybe even recompensated tomorrow.
Corrections can come every time.
A real crash (I'm talking about 70% loss) I doubt that. It would need a trigger for that to happen and don't see something like that.
Not even a possible fork of bitcoin.
I think bitcoin is now down by 20% - that's a substantial chunk of change at these price levels. You are right that in the alt space, that is nothing, and that would also have been nothing in the early days of bitcoin. But the volatilitu should be dampening down as bitcoin gets bigger, not staying the same. |
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sonicwave
Full Member
Offline
Activity: 476
Merit: 101
https://saturn.black
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August 22, 2017, 01:02:25 PM |
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It depends on what you define by crash.
In the world of stocks a price decrease of 10% is already a major crash.
In the cryptocurrency world it's just something like a rather bad day. Maybe even recompensated tomorrow.
Corrections can come every time.
A real crash (I'm talking about 70% loss) I doubt that. It would need a trigger for that to happen and don't see something like that.
Not even a possible fork of bitcoin.
I think bitcoin is now down by 20% - that's a substantial chunk of change at these price levels. You are right that in the alt space, that is nothing, and that would also have been nothing in the early days of bitcoin. But the volatilitu should be dampening down as bitcoin gets bigger, not staying the same. I can not call it a fall. This is a recession that bitcoin periodically has after a long growth. It was anticipated and many predicted it. Now everything is normal. And after the coin sinks to 3500, it will start to rise again |
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