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Author Topic: Betting on the price falling  (Read 18176 times)
Bitman17 (OP)
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October 30, 2017, 09:23:31 AM
 #1

Is there any way of betting on a price fall? I can't find any derivatives for that.
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October 30, 2017, 09:27:45 AM
 #2

You can bet on falling price of bitcoin with https://iqoption.com/land/crypto/en/ its binary trading.

If you don't like binary trading than you can trade bitcoin with leverage in https://simplefx.com/dashboard/
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October 30, 2017, 09:29:10 AM
 #3

That's easy: sell your Bitcoins.

Or, if you want to do it without owning Bitcoins, it's called shorting Bitcoins. Several exchanges offer this, and it's a great way to burn through your money if prices keep rising.

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October 30, 2017, 10:13:47 AM
 #4

That's easy: sell your Bitcoins.

Or, if you want to do it without owning Bitcoins, it's called shorting Bitcoins. Several exchanges offer this, and it's a great way to burn through your money if prices keep rising.
haha that's funny  Grin
Yes I thought by just selling your bitcoins now and wait for the fall,
But the climate for a bitcoin fall is not great for November before the 2x fork

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October 30, 2017, 10:37:21 AM
 #5

That's easy: sell your Bitcoins.

Or, if you want to do it without owning Bitcoins, it's called shorting Bitcoins. Several exchanges offer this, and it's a great way to burn through your money if prices keep rising.
Please only go short or long if you REALLY know what you're doing, otherwise the risk of losing a LOT of money is directly around the corner!
(I would just sell when you expect the price to fall, and buy back in at a lower level.

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October 30, 2017, 09:59:59 PM
 #6

The price is going to crash back down to under $2,000, mark my words. I do not know exactly when it will happen, but my estimate is before the New Year, guaranteed. If you think about it that would make a lot of sense since everyone will want to sell it to buy gifts and stuff for the holiday season. Although I have a feeling that Bitcoin and cryptocurrencies in general will possibly be the hottest gift too.

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October 30, 2017, 10:05:53 PM
 #7

Is there any way of betting on a price fall? I can't find any derivatives for that.

it is difficult to predicting when the price is fall but we can try by watching and analyze in the market because if the price is down sometime it will going down for more so we can make buy order. but for people which don't want to buy, they can prepare to sell their bitcoin if they are thinking that they don't make any profit at all and they can prepare to wait in lower price to buy again. i think in out there, many of the news will spread about bad news that will make people getting panic and they selling their bitcoin with fast, so be careful and make sure you can sell at the price you want.
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October 31, 2017, 10:37:18 AM
 #8

The price is going to crash back down to under $2,000, mark my words. I do not know exactly when it will happen, but my estimate is before the New Year, guaranteed. If you think about it that would make a lot of sense since everyone will want to sell it to buy gifts and stuff for the holiday season. Although I have a feeling that Bitcoin and cryptocurrencies in general will possibly be the hottest gift too.

While it is fair to say that their will be a price correction, to say that people will be selling Bitcoin and buying gifts 'and stuff' is going to be the reason behind the price fall that you're predicting is a rather horrid reason. Then you go on to contradict yourself by saying that Bitcoin and Altcoins will be popular as a gift. Simple supply and demand say that if more people are buying as gifts, the price should increase.

Back on topic here - Sell your Bitcoin and then buy again when you feel the fall is over / done with. To lock up your coins in a shitty options exchange is dumb, they're not as well known as the ones people like using and I wouldn't regard them as safe either.

That's the safest, cheapest, and easiest way to go about this.




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October 31, 2017, 11:10:58 AM
 #9

Is there any way of betting on a price fall? I can't find any derivatives for that.

it is difficult to predicting when the price is fall but we can try by watching and analyze in the market because if the price is down sometime it will going down for more so we can make buy order. but for people which don't want to buy, they can prepare to sell their bitcoin if they are thinking that they don't make any profit at all and they can prepare to wait in lower price to buy again. i think in out there, many of the news will spread about bad news that will make people getting panic and they selling their bitcoin with fast, so be careful and make sure you can sell at the price you want.

It is a kind of gambling right where the comes of harder prediction and other worries on betting. If you want to utilize the bitcoin higher you can buy the coins whenever it falls. In that scenario, bitcoin price falling also good for the investors who wish to invest on it. Don't consider the time when the bitcoin price falls down as the bad time. Still gives a profit after some months.
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October 31, 2017, 11:53:28 AM
 #10

Is there any way of betting on a price fall? I can't find any derivatives for that.

are you sure sell your bitcoin today yes is easy to dispossed your bitcoin now bitcoin keep increasing or are you panicking for the incoming fork thats why you want to sell your bitcoin, if you want to sell your bitcoin doit now do not wait the price fall, in times of bitcoin falling down the price i think not good idea to sell your bitcoin some people based on experience holding bitcoin during dump are profitable when the times uprise again good profits you can recieve.

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October 31, 2017, 12:19:53 PM
 #11

The price is going to crash back down to under $2,000, mark my words. I do not know exactly when it will happen, but my estimate is before the New Year, guaranteed. If you think about it that would make a lot of sense since everyone will want to sell it to buy gifts and stuff for the holiday season. Although I have a feeling that Bitcoin and cryptocurrencies in general will possibly be the hottest gift too.
You must be joking right ? Grin Because if you are not, then I must say that I haven't seen a person like you in my life. Who would predict the price fall of Bitcoin because of a new year ? The price of Bitcoin is around $6k and you are saying just because it's a new year and people has to buy gifts for their families, the price will fall back to $2k .  Undecided Undecided Who in the world will  buy so much gifts   Huh
Is there any way of betting on a price fall? I can't find any derivatives for that.
Bitcoin is reaching new heights now and since the fork is near there are no chances now that the price will see a decline.
After the fork there are good chances for a correction in price and I must say that the correction should happen since BTC has raised too high in a very short time which gives it risk to fall harder. If a correction of price takes place then BTC will be more strong and rise with good stability.
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October 31, 2017, 12:25:55 PM
 #12

Bitcoin is reaching new heights now and since the fork is near there are no chances now that the price will see a decline.
After the fork there are good chances for a correction in price and I must say that the correction should happen since BTC has raised too high in a very short time which gives it risk to fall harder. If a correction of price takes place then BTC will be more strong and rise with good stability.
Imho there gona be a correction pretty soon and since we already have a huge growth it is reasonable to expect something hard. Also if OP is talking about middle term price (like some month) then we can also count on the ICO bubble that may blow up at the next year when people will see that  most of those projects just took the money and haven't done anything.
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October 31, 2017, 12:51:40 PM
 #13

The price is going to crash back down to under $2,000, mark my words. I do not know exactly when it will happen, but my estimate is before the New Year, guaranteed. If you think about it that would make a lot of sense since everyone will want to sell it to buy gifts and stuff for the holiday season. Although I have a feeling that Bitcoin and cryptocurrencies in general will possibly be the hottest gift too.

if you were a brand new account i would have said he has not been around to know but as someone who owns a legendary account you have been around for enough time to know that is not true.

each year people make the same prediction about "selling to buy stuff before new years" but each year it never happens. sometimes there is a little dip because of other reasons but in general people never "sell their investment to buy new year stuff". they use their fiat, their salary and bonus,... to do that.

besides, you have new year. some part of the world have  their new year in another month like China for example. and bitcoin is global!

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October 31, 2017, 01:19:27 PM
 #14

It is really hard to figure out on how things happen in bitcoin aside from the demand and supply that it follows, but we have to be positive only that bitcoin will gonna rise.
If you are bothering with this question about buying or having the right time to buy, uhm yes it is hard to buy because it is so high but if you invest now then surely tomorrow you gonna earn profit.

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November 01, 2017, 03:37:24 AM
 #15

I know crypto trading is one way trading. It means that we get profit if we buy low and sell high.
If you wish to trade both side you can enter to forex market since now broker provide crypto market with leverage. And maybe try binary options.
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November 01, 2017, 03:55:14 PM
 #16

Is there any way of betting on a price fall? I can't find any derivatives for that.
In my eyes that party which bet on the price to be low in the coming days will lose because the price of bitcoin is growing more and more and it reached to almost 6200 dollars in a few weeks.

Now I think there is no chance of falling its value, because more and more people are investing in bitcoin and the market cap of bitcoin is increasing day by day. I warn the gamblers not to bet on falling price rather loosing will be their destiny.
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November 01, 2017, 03:58:11 PM
 #17

I know crypto trading is one way trading. It means that we get profit if we buy low and sell high.
If you wish to trade both side you can enter to forex market since now broker provide crypto market with leverage. And maybe try binary options.
Now many exchanges offering this option we can sell and buy if some one believe its going to down then surely sell and put money on price which is he expecting in near future going to forex is very bad experience because its very risky and you can lost more then you can gain
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November 01, 2017, 04:22:11 PM
 #18

Is there any way of betting on a price fall? I can't find any derivatives for that.
Just sell your Bitcoins and then buy them back after the price drops (or at least at the time you plan for the price to drop). Although I wouldn’t try this on a long term scale.

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November 01, 2017, 08:41:05 PM
 #19

You can bet on the price of Bitcoin falling on InterTrader. There's an ad for them on the tube in London currently with a deal that if you trade with them you'll get 1 free Ether (ETH).
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November 01, 2017, 10:45:22 PM
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You can bet on the price of Bitcoin falling on InterTrader. There's an ad for them on the tube in London currently with a deal that if you trade with them you'll get 1 free Ether (ETH).
well the only thing i believe you can bet big in the falling of btc price is to buy a lot of btc it can really be profitable if save buy it in a low price then save it and hold .not unless we also sell it in a low price .maybe we can loose capital if we do so.but i think only fool can do that buying  in less capital is really diff. That was really profitable than buying btc in a high price.
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November 01, 2017, 11:58:06 PM
 #21

Is there any way of betting on a price fall? I can't find any derivatives for that.
If you're afraid of losing the valuable when you're betting BTC, so i suggest you should go with cash or keep going with BTC but wait till the price's going up to sell.
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November 02, 2017, 12:38:43 AM
 #22

Sorting is not a good idea.
I would buy more and I ll look to have a chance to buy Altcoins.

Dont sort Bitcoin.
It is just rising.
Love it
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November 02, 2017, 12:51:32 AM
 #23

You can bet on falling price of bitcoin with https://iqoption.com/land/crypto/en/ its binary trading.

If you don't like binary trading than you can trade bitcoin with leverage in https://simplefx.com/dashboard/

Thanks for the recommendations, I would like to try the binary option, iqoption is that legit? Thanks.

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November 02, 2017, 03:15:48 AM
 #24

You can bet on falling price of bitcoin with https://iqoption.com/land/crypto/en/ its binary trading.

If you don't like binary trading than you can trade bitcoin with leverage in https://simplefx.com/dashboard/

Thanks for the recommendations, I would like to try the binary option, iqoption is that legit? Thanks.
well i believe  that falling of the price  is a big opportunity to bet in btc it is really profitable if we  are going to buy it during the price   fall and it during the price  rise high and i believe we made a great betting poin on this strategy .we just only need to  have more patience  and maybe a short capital on it because it is in the down status.that is why we  less our expenses.
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November 02, 2017, 03:22:59 AM
 #25

Is there any way of betting on a price fall? I can't find any derivatives for that.
To be sure, it can only be the experience you have gained as a trader. When prices drop I will put confidence in it because it will definitely come back.
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November 02, 2017, 03:28:18 AM
 #26

Sorting is not a good idea.
I would buy more and I ll look to have a chance to buy Altcoins.

Dont sort Bitcoin.
It is just rising.
Love it

Sorting Bitcoin now is like to burn your money,
sorting altcoin may be a good opportunity but it is not a good idea either.

It is the same,
I dont like to sort,
we dont like it Smiley

I prefer to buy cheap Smiley
waiting for a moment to pump it Smiley
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November 02, 2017, 07:42:54 AM
 #27

I know crypto trading is one way trading. It means that we get profit if we buy low and sell high.
If you wish to trade both side you can enter to forex market since now broker provide crypto market with leverage. And maybe try binary options.
There is a huge difference in between crypto trading and forex trading. There is no way that you can make a comparison of both of them. As far as betting on price falling is concerned, I think there is no one who can predict this thing quite accurately.

You can only guess what is going to happen in the future but there are 50-50 chances of this thing that whether your guess is going to be right or not.
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November 02, 2017, 08:26:20 AM
 #28

Is there any way of betting on a price fall? I can't find any derivatives for that.
And you already know that she will fall or imagine. Most importantly they understand that they will fall, but they continue to keep or invest even more, an interesting policy. We must already start to sell and cash casually.

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November 02, 2017, 10:10:52 PM
Last edit: November 02, 2017, 10:59:21 PM by Bitman17
 #29

I know many people will disagree with this, I wish Bitcoin could rule the world as well, but it will not happen. I think it’s a great thing BUT:
I agree with Bitcoin crashing. It’s actually easy to understand why? The higher the price goes up the more money it takes to buy 1 Bitcoin. So “artificially” the demand for the AMOUNT of Bitcoins is going down even when, the same “amount of money” is the demand. This effect gets more and more strained until it is impossible to sustain, because there is only so much money on earth. So it crashes, massively.

Real world example: (take my maths and figures as rough guides not facts)
Let’s say demand for bitcoin is just 2 people want to buy bitcoins, each day. (Just 2 to make the math easy)
Money in the market: They have $10 each. (Calculated as the average person’s disposable income, betting on just something for fun)

The math bit:
With the Price at $1: If the price of Bitcoin is $1 each, they will buy 10 coins each. So if there is 20 for sale, they can easily buy 20 of the exchanges. The price will stay the same as supply and demand matches. If there is just 19 available, the price will adjust and go up. Let’s say there is just 8 available, so the price jumps to $10 the next day.

Price at $10: Even though the price is up 1000% (from $1), at $10 each, they can only afford 1 coin each. SO, the demand for actual amount of coins decreased 90% (demand down 90%) simply because the price forced it. The actual amount of people or money did NOT. Next day…

Price at $100: Even though the price has surged another 900%. (From $10). They can only afford a fraction each and the demand for actual coins have gone down 1000%. Next day …

Price at $1000: Not going to bother with the math, but demand has dropped by over 100 000%

With Price at $10 000 000: Every person on earth will need to sell every real asset they have (EVERYTHING) and put it all into bitcoin. That’s every unit of money in every currency on earth, has to dedicate to just one asset, just to keep the price stable. If the difference between buyers and sellers (over every exchange on earth) is just 100 coins too much, the market will have to adjust the price for a $1billion shortfall.
Obviously it cannot get to $10million, as every person on earth is not going to sell their house, car, cat, shares, pensions, etc.  for a Bitcoin.

So the question is:
At what point do people stop to sell real life assets to put into Bitcoin? THAT is the start of the crash. As the price rises the amount of money that has to inflow has to exponentially increase to keep the prices stable and going up, until the inflow is not enough. BOOM!!!

Top theoretical price valuation model for 1 Bitcoin before a crash: (making some assumptions and guessing the rest)
So China is 90% of Bitcoin trading.
In theory every Chinese person 1.2 billion buys $1000 of Bitcoins.
Taking $1000 as hey average disposable income, per capita.
We assume that once every Chinese person has spent their $1000 no more will buy.
That’s 1.2 billion times $1000 = $1.2 trillion is the 90% maximum value of Bitcoin before it runs out of steam.
SO let’s say $1.5 trillion total.
Current total value is around $110 billion at $7000, the top possible price to lay somewhere around $ 95454.54 (assuming 15714285.71 Bitcoins in circulation)

Top price before crash:
My guesstimate is a crash from between $9600 (says the maths) and  $12000 (adding some cool factor/hype into price) as the top price paid on any exchange.

How long before a crash:
We are at $7000 and the price can go up by $1000 in a day so anywhere from 10 days to 6 months. My crappy math says within 30 days, but I’ll say 6 months because the math can be off by months and thousands.

Logically summing up:
An underlying asset needs to have more than “cool factor”. My house I live in, my car I drive, gold I can make things with, websites I can sell things and make money with. Bitcoin is what, besides cool and new, like currency does not exist. There are over 100 currencies, the difference is a central bank to make sure everything stays balanced. The reality is that governments and bank will bring out their own versions, government licenced and enforced, just like the currencies we have now. This will render Bitcoin obsolete and worthless, except for cool factor, which I put at $50 each TOPS (just guessing). They have to bring out their own, so they can control and manage the amount is circulation and to know who’s paying who. Bitcoin cannot become a true alternative currency (an asset maybe but not a true currency) that all governments and banks will accept. More important you can’t tax it and you have no idea who paid who and for what. Governments’ needs taxes or they will go bust. So either Bitcoin goes to a reasonable price below $1000 (I say $50ish) - or - every government on earth goes bust, while every person on earth ONLY owns Bitcoins, nothing else.

Can the government/banks crash Bitcoin?
With what they have right now, obviously NO!They must have tried several times. So they have to create another way to wipe it out … how .. hang on! Let allow derivatives to be traded in the USA. Then they can take out a massive naked short position (or print money to afford it) and crash the price of the derivative, Bitcoin prices will respond and crash. Is that even possible has this been done before? Now how much did Goldman, JP Morgan, HSBC, Barclays pay in fines for manipulating prices using derivatives … IF I remember right, over $20 Billion. Thats just the fines, for manipulating trillion dollar a day markets, when Bitcoin is something like $100 billion in total. So they can do it (soon), they have now created the opportunity to do it, they will DO IT = VERY SOON.

Markers to watch out for:
Bankers making statements in the press about bitcoin being a bubble. Why do they bother? Are they putting their reputations on the line? Hell no! They are "scaring demand" off, so that the short possition will not get challenged once they start dropping the price. So far, I count 2 CEO's that have called it a bubble, there will be more but not before their posittions are in place. ie: They need the derivatives to start trading on the US main exchanges, so that they can build up big enough posittions to make it  sure thing and to make it worth it.

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November 03, 2017, 06:50:39 PM
 #30

I agree with Bitcoin crashing. It’s actually easy to understand why? The higher the price goes up the more money it takes to buy 1 Bitcoin. So “artificially” the demand for the AMOUNT of Bitcoins is going down even when, the same “amount of money” is the demand.
You forget 2 things:
1. More people get into Bitcoin, so more people spend dollars on it.
2. People selling Bitcoin don't sell the same amount at once. Where you may have sold 1000BTC at once 6 years ago, you'll sell 0.1 BTC now.

Quote
Markers to watch out for:
Bankers making statements in the press about bitcoin being a bubble. Why do they bother? Are they putting their reputations on the line? Hell no! They are "scaring demand" off, so that the short possition will not get challenged once they start dropping the price.
Now imagine JP Morgan makes the same statement about something else than Bitcoin. The price drops, and JP Morgan buys that asset just 2 days later. They'd end up in jail for market manipulation!
When they do it to Bitcoin, nobody bats an eye.

~ it's called shorting Bitcoins. Several exchanges offer this, and it's a great way to burn through your money if prices keep rising.
I wrote this just 4 days ago. Since then, Bitcoin went up $1200.
Now, imagine you would have shorted Bitcoin 4 days ago. You would have burned a lot of money!

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November 03, 2017, 07:05:51 PM
 #31

Yes, you can.

It's called shorting, and you can short Bitcoin on Bitfinex or some of the futures trading platform like mentioned above.

In times like these, it's probably the smartest bet (next to buying ton of altcoins).  Wink
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November 03, 2017, 07:14:30 PM
Last edit: November 08, 2017, 07:01:52 PM by Bagaji
 #32

Well there may not be serious price correction of Bitcoin soon, base on the way am seeing the current trend and the number of people demanding for bitcoin that are increasing day after day. This is because when the demand becomes high, the value of Bitcoin will continue to increase since the demand for Bitcoin is high as compared to the supply. For now we are yet to see the factors that will influence a serious correction or decline in the market value of Bitcoin. Althoug, bitcoin will continue fluctuating up and down and that is not some thing that one should bet for Op.
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November 03, 2017, 08:32:12 PM
 #33

Sell bitcoin when the price is falling down and keep betting if the price is going up. That's the basic rules when gambling with BTC . I think you don't have balls to gambling with BTC so you should go gambling with fiats better. Their valuation is stable.
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November 04, 2017, 01:16:19 PM
 #34

I know many people will disagree with this, I wish Bitcoin could rule the world as well, but it will not happen. I think it’s a great thing BUT:
I agree with Bitcoin crashing. It’s actually easy to understand why? The higher the price goes up the more money it takes to buy 1 Bitcoin. So “artificially” the demand for the AMOUNT of Bitcoins is going down even when, the same “amount of money” is the demand. This effect gets more and more strained until it is impossible to sustain, because there is only so much money on earth. So it crashes, massively.

Real world example: (take my maths and figures as rough guides not facts)
Let’s say demand for bitcoin is just 2 people want to buy bitcoins, each day. (Just 2 to make the math easy)
Money in the market: They have $10 each. (Calculated as the average person’s disposable income, betting on just something for fun)

The math bit:
With the Price at $1: If the price of Bitcoin is $1 each, they will buy 10 coins each. So if there is 20 for sale, they can easily buy 20 of the exchanges. The price will stay the same as supply and demand matches. If there is just 19 available, the price will adjust and go up. Let’s say there is just 8 available, so the price jumps to $10 the next day.

Price at $10: Even though the price is up 1000% (from $1), at $10 each, they can only afford 1 coin each. SO, the demand for actual amount of coins decreased 90% (demand down 90%) simply because the price forced it. The actual amount of people or money did NOT. Next day…

Price at $100: Even though the price has surged another 900%. (From $10). They can only afford a fraction each and the demand for actual coins have gone down 1000%. Next day …

Price at $1000: Not going to bother with the math, but demand has dropped by over 100 000%

With Price at $10 000 000: Every person on earth will need to sell every real asset they have (EVERYTHING) and put it all into bitcoin. That’s every unit of money in every currency on earth, has to dedicate to just one asset, just to keep the price stable. If the difference between buyers and sellers (over every exchange on earth) is just 100 coins too much, the market will have to adjust the price for a $1billion shortfall.
Obviously it cannot get to $10million, as every person on earth is not going to sell their house, car, cat, shares, pensions, etc.  for a Bitcoin.

So the question is:
At what point do people stop to sell real life assets to put into Bitcoin? THAT is the start of the crash. As the price rises the amount of money that has to inflow has to exponentially increase to keep the prices stable and going up, until the inflow is not enough. BOOM!!!

Top theoretical price valuation model for 1 Bitcoin before a crash: (making some assumptions and guessing the rest)
So China is 90% of Bitcoin trading.
In theory every Chinese person 1.2 billion buys $1000 of Bitcoins.
Taking $1000 as hey average disposable income, per capita.
We assume that once every Chinese person has spent their $1000 no more will buy.
That’s 1.2 billion times $1000 = $1.2 trillion is the 90% maximum value of Bitcoin before it runs out of steam.
SO let’s say $1.5 trillion total.
Current total value is around $110 billion at $7000, the top possible price to lay somewhere around $ 95454.54 (assuming 15714285.71 Bitcoins in circulation)

Top price before crash:
My guesstimate is a crash from between $9600 (says the maths) and  $12000 (adding some cool factor/hype into price) as the top price paid on any exchange.

How long before a crash:
We are at $7000 and the price can go up by $1000 in a day so anywhere from 10 days to 6 months. My crappy math says within 30 days, but I’ll say 6 months because the math can be off by months and thousands.

Logically summing up:
An underlying asset needs to have more than “cool factor”. My house I live in, my car I drive, gold I can make things with, websites I can sell things and make money with. Bitcoin is what, besides cool and new, like currency does not exist. There are over 100 currencies, the difference is a central bank to make sure everything stays balanced. The reality is that governments and bank will bring out their own versions, government licenced and enforced, just like the currencies we have now. This will render Bitcoin obsolete and worthless, except for cool factor, which I put at $50 each TOPS (just guessing). They have to bring out their own, so they can control and manage the amount is circulation and to know who’s paying who. Bitcoin cannot become a true alternative currency (an asset maybe but not a true currency) that all governments and banks will accept. More important you can’t tax it and you have no idea who paid who and for what. Governments’ needs taxes or they will go bust. So either Bitcoin goes to a reasonable price below $1000 (I say $50ish) - or - every government on earth goes bust, while every person on earth ONLY owns Bitcoins, nothing else.

Can the government/banks crash Bitcoin?
With what they have right now, obviously NO!They must have tried several times. So they have to create another way to wipe it out … how .. hang on! Let allow derivatives to be traded in the USA. Then they can take out a massive naked short position (or print money to afford it) and crash the price of the derivative, Bitcoin prices will respond and crash. Is that even possible has this been done before? Now how much did Goldman, JP Morgan, HSBC, Barclays pay in fines for manipulating prices using derivatives … IF I remember right, over $20 Billion. Thats just the fines, for manipulating trillion dollar a day markets, when Bitcoin is something like $100 billion in total. So they can do it (soon), they have now created the opportunity to do it, they will DO IT = VERY SOON.

Markers to watch out for:
Bankers making statements in the press about bitcoin being a bubble. Why do they bother? Are they putting their reputations on the line? Hell no! They are "scaring demand" off, so that the short possition will not get challenged once they start dropping the price. So far, I count 2 CEO's that have called it a bubble, there will be more but not before their posittions are in place. ie: They need the derivatives to start trading on the US main exchanges, so that they can build up big enough posittions to make it  sure thing and to make it worth it.



You do realize you can buy a fraction of a bitcoin right? You don't have to invest your life savings in order to get involved....
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November 04, 2017, 01:40:31 PM
 #35

Is there any way of betting on a price fall? I can't find any derivatives for that.

The price fall might come but not really now and I dont see it diving much and is not going to stay down for long if at all it falls. No derivatives (as you said) to keep it down for long. More and more awareness is coming to bitcoin and cryptocurrencies and we should remember that even the last fork that saw the emergence of bitcoin gold was not enough to cause a pull to bitcoin.
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November 04, 2017, 01:48:59 PM
 #36

Is there any way of betting on a price fall? I can't find any derivatives for that.
Easiest way it to just sell your bitcoins for USDT, if you don't have bitcoins then you will have to find some other way to short bitcoin.

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November 04, 2017, 02:02:22 PM
 #37

i think your mean is margin trading, right? if its margin trading, then i think you need to have big balance to start because without having big balance, you only makes small profit but its still worth to try. i think you can find margin trading in poloniex and you can start to try but you need to know how to predicting the trend and the chart before you place your order buy and order sell. but first you need to know how much balance you want to use for margin trading then you can start margin trading.
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November 05, 2017, 12:23:24 AM
 #38

You can use leverage at exchanges like Kraken or Bitstamp, buy puts or futures at Bitmex/OKcoin/Deribit and don't forget traditional FX brokers. I have tried Avatrade, the f*ckers closed my position with a fork and when I asked for a withdrawal, they were pretending not to know about it despite me sending them a confirmation email which I got weeks before. After weeks of messing with them, I got my money. I think they stole few % of the sum Roll Eyes I also tried XTB, they don't close positions because of forks and seem to be OK. I think they won't be making troubles upon withdrawal. Someone mentioned SimpleFX, also might be a way to go.
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November 07, 2017, 12:17:21 PM
 #39

I know many people will disagree with this, I wish Bitcoin could rule the world as well, but it will not happen. I think it’s a great thing BUT:
I agree with Bitcoin crashing. It’s actually easy to understand why? The higher the price goes up the more money it takes to buy 1 Bitcoin. So “artificially” the demand for the AMOUNT of Bitcoins is going down even when, the same “amount of money” is the demand. This effect gets more and more strained until it is impossible to sustain, because there is only so much money on earth. So it crashes, massively.

Real world example: (take my maths and figures as rough guides not facts)
Let’s say demand for bitcoin is just 2 people want to buy bitcoins, each day. (Just 2 to make the math easy)
Money in the market: They have $10 each. (Calculated as the average person’s disposable income, betting on just something for fun)

The math bit:
With the Price at $1: If the price of Bitcoin is $1 each, they will buy 10 coins each. So if there is 20 for sale, they can easily buy 20 of the exchanges. The price will stay the same as supply and demand matches. If there is just 19 available, the price will adjust and go up. Let’s say there is just 8 available, so the price jumps to $10 the next day.

Price at $10: Even though the price is up 1000% (from $1), at $10 each, they can only afford 1 coin each. SO, the demand for actual amount of coins decreased 90% (demand down 90%) simply because the price forced it. The actual amount of people or money did NOT. Next day…

Price at $100: Even though the price has surged another 900%. (From $10). They can only afford a fraction each and the demand for actual coins have gone down 1000%. Next day …

Price at $1000: Not going to bother with the math, but demand has dropped by over 100 000%

With Price at $10 000 000: Every person on earth will need to sell every real asset they have (EVERYTHING) and put it all into bitcoin. That’s every unit of money in every currency on earth, has to dedicate to just one asset, just to keep the price stable. If the difference between buyers and sellers (over every exchange on earth) is just 100 coins too much, the market will have to adjust the price for a $1billion shortfall.
Obviously it cannot get to $10million, as every person on earth is not going to sell their house, car, cat, shares, pensions, etc.  for a Bitcoin.

So the question is:
At what point do people stop to sell real life assets to put into Bitcoin? THAT is the start of the crash. As the price rises the amount of money that has to inflow has to exponentially increase to keep the prices stable and going up, until the inflow is not enough. BOOM!!!

Top theoretical price valuation model for 1 Bitcoin before a crash: (making some assumptions and guessing the rest)
So China is 90% of Bitcoin trading.
In theory every Chinese person 1.2 billion buys $1000 of Bitcoins.
Taking $1000 as hey average disposable income, per capita.
We assume that once every Chinese person has spent their $1000 no more will buy.
That’s 1.2 billion times $1000 = $1.2 trillion is the 90% maximum value of Bitcoin before it runs out of steam.
SO let’s say $1.5 trillion total.
Current total value is around $110 billion at $7000, the top possible price to lay somewhere around $ 95454.54 (assuming 15714285.71 Bitcoins in circulation)

Top price before crash:
My guesstimate is a crash from between $9600 (says the maths) and  $12000 (adding some cool factor/hype into price) as the top price paid on any exchange.

How long before a crash:
We are at $7000 and the price can go up by $1000 in a day so anywhere from 10 days to 6 months. My crappy math says within 30 days, but I’ll say 6 months because the math can be off by months and thousands.

Logically summing up:
An underlying asset needs to have more than “cool factor”. My house I live in, my car I drive, gold I can make things with, websites I can sell things and make money with. Bitcoin is what, besides cool and new, like currency does not exist. There are over 100 currencies, the difference is a central bank to make sure everything stays balanced. The reality is that governments and bank will bring out their own versions, government licenced and enforced, just like the currencies we have now. This will render Bitcoin obsolete and worthless, except for cool factor, which I put at $50 each TOPS (just guessing). They have to bring out their own, so they can control and manage the amount is circulation and to know who’s paying who. Bitcoin cannot become a true alternative currency (an asset maybe but not a true currency) that all governments and banks will accept. More important you can’t tax it and you have no idea who paid who and for what. Governments’ needs taxes or they will go bust. So either Bitcoin goes to a reasonable price below $1000 (I say $50ish) - or - every government on earth goes bust, while every person on earth ONLY owns Bitcoins, nothing else.

Can the government/banks crash Bitcoin?
With what they have right now, obviously NO!They must have tried several times. So they have to create another way to wipe it out … how .. hang on! Let allow derivatives to be traded in the USA. Then they can take out a massive naked short position (or print money to afford it) and crash the price of the derivative, Bitcoin prices will respond and crash. Is that even possible has this been done before? Now how much did Goldman, JP Morgan, HSBC, Barclays pay in fines for manipulating prices using derivatives … IF I remember right, over $20 Billion. Thats just the fines, for manipulating trillion dollar a day markets, when Bitcoin is something like $100 billion in total. So they can do it (soon), they have now created the opportunity to do it, they will DO IT = VERY SOON.

Markers to watch out for:
Bankers making statements in the press about bitcoin being a bubble. Why do they bother? Are they putting their reputations on the line? Hell no! They are "scaring demand" off, so that the short possition will not get challenged once they start dropping the price. So far, I count 2 CEO's that have called it a bubble, there will be more but not before their posittions are in place. ie: They need the derivatives to start trading on the US main exchanges, so that they can build up big enough posittions to make it  sure thing and to make it worth it.



You do realize you can buy a fraction of a bitcoin right? You don't have to invest your life savings in order to get involved....
Investing saving into bitcoin is good because bitcoin has a lot to give on low revenue and buying fraction is not that profit as whole bitcoin so invest saving this will give you ease to use your savings as money and as well as automatically profit will come and I also invest my savings into bitcoin and now I am living an epic life without any worries because I know that this coin will help me in my hard times to overcome it,
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November 07, 2017, 01:00:27 PM
 #40

Betting about bitcoin is very funny,but bitcoin price is falling some times.bitcoin price very attracted are excitement of the customers.bitcoin price is falling now,but i will increase.
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November 08, 2017, 10:04:46 AM
 #41

Sorting is not a good idea.
I would buy more and I ll look to have a chance to buy Altcoins.

Dont sort Bitcoin.
It is just rising.
Love it
Only a fool will sort bitcoin that too at present when the prices are continuously increasing and hard fork is expected in the mid of November. Bitcoin is the leader of all digital currencies and there is no coin present in the market which can give a tough competition to bitcoin.

Bitcoin is the father of all present and upcoming digital coins. Those who really want to make the end of this year memorable are tightly holding to bitcoin.
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November 11, 2017, 06:16:16 AM
 #42

Betting about bitcoin is very funny,but bitcoin price is falling some times.bitcoin price very attracted are excitement of the customers.bitcoin price is falling now,but i will increase.
Betting on the price falling is silly indeed I don’t know why you claimed the prices to be falling in the present time as if you are not aware of the situation well.

We all know that after the last fork the price of Btcs regardless of other altcoins has increased up to a level of more than 7k dollars and it is expected to rise even more .the right time to bet on the price falling is not now but it could be expected to fall in the mid of upcoming year
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November 14, 2017, 12:57:20 PM
 #43

Betting about bitcoin is very funny,but bitcoin price is falling some times.bitcoin price very attracted are excitement of the customers.bitcoin price is falling now,but i will increase.
Nobody guess the user intent so don go for betting and yeah bet for the high prices because they are achievable because new regions are accepting this coin ad on every new investor this coin is gaining value and maybe price will cross 10k soon so bet in this and you can make good money from this and then invest that money into bitcoin that will give you so high profit that you will forget about any betting about price.
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November 14, 2017, 02:10:29 PM
 #44

Is there any way of betting on a price fall? I can't find any derivatives for that.

Betting to someone  if the price fail  is so madness,because we know that the value of crypto currencies is volatile and unpredictable so in order  to avoid this,we.must focus in  trading process not in betting  to someone because it is trading investment and not  a gambling investmemt.

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January 16, 2018, 04:05:44 AM
 #45

If I understand it well, XTB will be offering only 7 day CFDs from now on. Are there any brokers still offering BTCUSD pair without expiration date?
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January 16, 2018, 04:33:22 AM
 #46

Don't let the market bluff. HODL, right now is actually the time to buy up some cheap coins.
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January 16, 2018, 05:46:57 AM
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the best way is that you have to research your coins history. If there were many falling down in the past and the price increased after, I think you can bet your trust in your coin. If not, you should sell your coin cut loss and invest in another.

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January 17, 2018, 12:02:33 AM
 #48

For now it seems only Plus500 is offering up to 5:1 leverage, they're known scammers however.
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January 17, 2018, 07:11:17 AM
 #49

Is there any way of betting on a price fall? I can't find any derivatives for that.

Yes this is the critical time because we don't know if the price will increase.We are just hoping and betting for the price to rise. We don't have to do but to wait for the pump. But I don't lost hope. Bitcoin is my savior to make our life successful.
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January 17, 2018, 11:05:48 PM
 #50

If I understand it well, XTB will be offering only 7 day CFDs from now on. Are there any brokers still offering BTCUSD pair without expiration date?
I'd like to add I'm interested in at least 4:1 leverage
For now it seems only Plus500 is offering up to 5:1 leverage, they're known scammers however.
I decided to give them a try with a small deposit, let's see if they'll stiff me.
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January 17, 2018, 11:29:30 PM
 #51

Don't let the market bluff. HODL, right now is actually the time to buy up some cheap coins.

Whenever bitcoin price falls down is a good time to buy in the dip. I'm regretting it right now, can't deposit yesterday and it's too late to buy at the moment compared to a few hours ago when the prices hit the bottom of the floor, most coins have regained the value and increases like 30-35%, even bitcoin slowly recover above $11K and maybe will get back to $13K soon.
Why betting on the price when you can get more profits by taking advantages of the market that declined significantly on January 17th? Just buy real bitcoin and altcoins then sell it at the peak after few days/weeks. If you have enough money, just bet on bitcoin futures which provided by cmc trading group or other companies. Cheesy
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January 27, 2018, 05:23:38 AM
 #52

I found Plus500 closes positions every 2 weeks, trade.com doesn't, but they offer just 2:1 leverage. Fortunately we have good old Kraken with leveraged trading back Smiley
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January 27, 2018, 09:09:47 AM
 #53

I found Plus500 closes positions every 2 weeks, trade.com doesn't, but they offer just 2:1 leverage. Fortunately we have good old Kraken with leveraged trading back Smiley

I think you can try with bitmex but unfortunately, I am not sure how much leverage they offer to their customer. maybe later I will try with kraken and I think I still save my account on that site and I hope it will bring some good things for me. actually, I don't know too much about betting on the price falling but if the price is down too far, then maybe we can make another profit than only from day trading.
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November 08, 2018, 12:06:35 PM
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I found Plus500 closes positions every 2 weeks, trade.com doesn't, but they offer just 2:1 leverage. Fortunately we have good old Kraken with leveraged trading back Smiley

I think you can try with bitmex but unfortunately, I am not sure how much leverage they offer to their customer. maybe later I will try with kraken and I think I still save my account on that site and I hope it will bring some good things for me. actually, I don't know too much about betting on the price falling but if the price is down too far, then maybe we can make another profit than only from day trading.

Bitmex offers upto 100x leverage although I now use Deribit( https://www.deribit.com/reg-3404.8501?q=home) I switched to deribit for btc trading because of the system overload bitmex suffers with the slightest movement in the market
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January 28, 2019, 01:41:39 AM
 #55

When price of Bitcoin or others altcoin falling, only by short the price on margin trading we can make profit. There are alot of trading platform was create trading product to make possible to short the price, that is CFDs and futures trading product,  for CFDs trading platform we can choose FX open, XM and others similar broker. And for futures trading we can use platform of Bitmex, Poloniex, Gate.io, Okex, Bitseven and more.

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January 28, 2019, 09:59:21 AM
 #56

Is there any way of betting on a price fall? I can't find any derivatives for that.
I think many gambling and betting sites offer this on there platforms.  I do it before with uptick but I don't think there are still offering that.  Remember that betting is a very risky investments plan and if you don't know how it works then there is no need of going into it in the first place.
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January 29, 2019, 02:46:33 AM
 #57

I found Plus500 closes positions every 2 weeks, trade.com doesn't, but they offer just 2:1 leverage. Fortunately we have good old Kraken with leveraged trading back Smiley

I think you can try with bitmex but unfortunately, I am not sure how much leverage they offer to their customer. maybe later I will try with kraken and I think I still save my account on that site and I hope it will bring some good things for me. actually, I don't know too much about betting on the price falling but if the price is down too far, then maybe we can make another profit than only from day trading.

Bitmex offers upto 100x leverage although I now use Deribit( https://www.deribit.com/reg-3404.8501?q=home) I switched to deribit for btc trading because of the system overload bitmex suffers with the slightest movement in the market

I still prefer with bitmex because I still like it until now. Perhaps, I will try deribit later, but for now, I don't want to try margin trading on many websites because sometimes, I feel it's confusing. You can try with the other coins if you think the movement in the market is not good to trade and I am sure you will find another coin to trade. Did you already try with OKCoin websites? It's similar to bitmex, but I don't like it, and it is why I move to bitmex.
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March 10, 2019, 02:02:59 AM
 #58

Only by shorting in margin trading we can make profit from price falling, there are alot of trading platform that we can use for shorting. Futures trading platform and CFDs platform is good way to make money when price of Bitcoin falling, but just remember margin trading is more risky than spot trading because use of leverage.

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August 09, 2019, 08:13:51 PM
 #59

Is there any way of betting on a price fall? I can't find any derivatives for that.

Betting to someone  if the price fail  is so madness,because we know that the value of crypto currencies is volatile and unpredictable so in order  to avoid this,we.must focus in  trading process not in betting  to someone because it is trading investment and not  a gambling investmemt.

Completely agree with you. The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.
The best way to profit at least for me are long term bets. One can do that in fiat on Kraken with up to 5:1 leverage or directly in BTC https://www.deribit.com/reg-5220.8508?q=home, where you can use options and swaps (including perpetual) that allow up to 100:1 leverage.
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August 09, 2019, 08:26:29 PM
 #60

Is there any way of betting on a price fall? I can't find any derivatives for that.

Betting to someone  if the price fail  is so madness,because we know that the value of crypto currencies is volatile and unpredictable so in order  to avoid this,we.must focus in  trading process not in betting  to someone because it is trading investment and not  a gambling investmemt.

Completely agree with you. The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.
The best way to profit at least for me are long term bets. One can do that in fiat on Kraken with up to 5:1 leverage or directly in BTC https://www.deribit.com/reg-5220.8508?q=home, where you can use options and swaps (including perpetual) that allow up to 100:1 leverage.
Kraken is also a good option but I doubt that most people will likely go with Bitmex.

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August 09, 2019, 09:56:04 PM
 #61

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.
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August 10, 2019, 06:53:47 AM
 #62

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.
IMHO the long term dominance will be around 75%. However I think it can drop to 50 in the coming years during the next bubble.
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August 11, 2019, 05:24:52 AM
 #63

bitmex, or btc futures
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August 11, 2019, 05:40:35 AM
 #64

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.
IMHO the long term dominance will be around 75%. However I think it can drop to 50 in the coming years during the next bubble.
You are talking about the possibility but I will be one of the investors that are not happy with the current dominant rate of BTC.
As it keeps increasing it's making the altcoins market bad and that is not good for the entire crypto market as even if we are proud to say we are investing in bitcoin but deep inside we also know we are investing with altcoins and as an investor, we all want to be profitable with majority of our holdings.

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August 11, 2019, 12:11:14 PM
 #65

Is it possible to bet on a drop or a rise in prices in the cryptocurrency market?  For some reason I thought that this was impossible, although I also did not see any derivatives for this.  In my opinion, it is not better to take part in trading yourself if there is any confidence in certain indicators of projects in the cryptocurrency market and get even more profit than from rates.  Indeed, if we take for example bets on the results of a sports game, then bookmakers make them because they cannot become winners of the prize pool.

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August 11, 2019, 12:52:26 PM
 #66

The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.
It is much more insane to bet on price fall really on a market that everyone, even newbies knows that is very volatile, and anything could happen to the price of the cryptocurrency at any time, if even gamblers can bet on ant and animals, is there anything that they cannot gamble on and with?Well, I would not be against that fully because we know that anything betting is all about gambling and those who would be participating in that would strictly be a gambler and will surely enjoy doing so.

Trading is really the king of making money in this cryptocurrency and if one can get the right strategy to trading, no one will be looking at all these silly gambling games provided they trade on the best trading sites like Binance and the trading site that you mentioned also.
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August 14, 2019, 12:09:29 PM
 #67

The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.
It is much more insane to bet on price fall really on a market that everyone, even newbies knows that is very volatile, and anything could happen to the price of the cryptocurrency at any time, if even gamblers can bet on ant and animals, is there anything that they cannot gamble on and with?Well, I would not be against that fully because we know that anything betting is all about gambling and those who would be participating in that would strictly be a gambler and will surely enjoy doing so.

Trading is really the king of making money in this cryptocurrency and if one can get the right strategy to trading, no one will be looking at all these silly gambling games provided they trade on the best trading sites like Binance and the trading site that you mentioned also.

I try to consider all the small things. I've seen analysis provided by Monfex. They say that it's a low chance that in short term BTC will break above 12 00$ and atm we can observe downward Trend. But over time crack to 12 400$. If you go short they suggest to sell at 11 600$,stop-loss at 12 000$ and take profit at 10 800$.
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August 15, 2019, 06:27:01 PM
 #68

I saw price prediction game from Mic for every quarter so if there is someone want to bet you can watch his thread and bet on the right time.Not sure currently any open time to bet.

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August 15, 2019, 10:19:06 PM
 #69

There is this site before called secondstrade where you can place your bet on the direction of the price of Bitcoin, if its going down or up after 5 mins. This site is also well known on this forum because of its signature campaign but there's a lot complaints of non payment after winning. Site is now closed anyway. There are Binary trading sites out there like iqoption.
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August 15, 2019, 11:32:30 PM
 #70

Is there any way of betting on a price fall? I can't find any derivatives for that.

I bet on trading when price fall because l can have still profit in trading even the price is very low. Its just too hard work because you monitor the price at all times to have profit. Its good akso if your a giid speculator in it.
It is good for you and for all of us to get profit by trading in falling price in crypto. When the price falls we can buy and store for long term trading. We can bet confidently because we know if today the price is low it will be high tomorrow we only will have keep patience and hold until it recovers once again
We can't take profits if the prices is falling. Imagine, if you bought bitcoin in 13K dollar value and sell it in 9k dollars. That is really a suidice trade for you. You can have the bottom pick. I suggest that when the market is bloody, pause a littile while then try to trade again when you see that the market is stable at the bottom. Buy the dips then sell the highs. That is the logic of the market.

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August 16, 2019, 04:37:59 AM
 #71

Is there any way of betting on a price fall? I can't find any derivatives for that.
It is called margin trading and currently there are many traders doing it at Binance, Bitmax, Bitmex, ...
You should also participate in it to have more liquidity. I suggest you join Binance's margin trading.

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August 17, 2019, 04:34:05 AM
 #72

I know there is a ton of methods to do this and everyone talked about how it can be done but nobody mentioned how dangerous it is. Bitcoin is an anti-inflation currency which means it will go up with time all the time, of course it drops a lot of times but that doesn't matter since the long term it is against the valuation of dollars.

We all know people could have bought houses for 100 dollars maybe 100 years ago and nowadays we know it costs a million dollars, that is of course over the span of 100 years but if you look at 10 years ago and today you will see inflation affects as well, hence why bitcoin will always go up in each decade. So, if you do this in the long run there is a chance you end up losing money, maybe in short term you may profit but not constantly.
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August 17, 2019, 05:03:09 AM
 #73

I know there is a ton of methods to do this and everyone talked about how it can be done but nobody mentioned how dangerous it is. Bitcoin is an anti-inflation currency which means it will go up with time all the time, of course it drops a lot of times but that doesn't matter since the long term it is against the valuation of dollars.

We all know people could have bought houses for 100 dollars maybe 100 years ago and nowadays we know it costs a million dollars, that is of course over the span of 100 years but if you look at 10 years ago and today you will see inflation affects as well, hence why bitcoin will always go up in each decade. So, if you do this in the long run there is a chance you end up losing money, maybe in short term you may profit but not constantly.
You're right, that's why only long term longs are the only viable way to make money.
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August 17, 2019, 06:55:52 AM
 #74

Is there any way of betting on a price fall? I can't find any derivatives for that.
It is called margin trading and currently there are many traders doing it at Binance, Bitmax, Bitmex, ...
You should also participate in it to have more liquidity. I suggest you join Binance's margin trading.

Be careful because you need to have skills to do leverage trading and I think that will be complicated than the normal trading in the exchanges. You need to know when to buy and sell the bitcoin because the price will always move up and down. And if you don't know where the price moves, then that will be difficult for you to make a profit. I think you can start with binance because that exchange will look easy to understand to start trading. You need to make yourself familiar with the normal trading until you can improve your skill so when you start leverage trading, you won't be confused.

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August 17, 2019, 06:15:04 PM
 #75

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

I hate to admit that I do not like the way bitcoin dominance has rose in the past few months. This will not allow the general market grow. I think it is almost 70% at this time. I hope it goes down so we can see new projects and ICOs rise to full potentials. This huge bitcoin dominance is dragging cryptocurrency down.
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August 18, 2019, 04:11:27 PM
 #76

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

I hate to admit that I do not like the way bitcoin dominance has rose in the past few months. This will not allow the general market grow. I think it is almost 70% at this time. I hope it goes down so we can see new projects and ICOs rise to full potentials. This huge bitcoin dominance is dragging cryptocurrency down.
There is nothing there not to like, what is happening to bitcoin today is as a result of the effort that satoshi has out into the project and how hard he has worked on it before leaving the market. These altcoins that you are crying over, how many of them are really working to expectation, none that much except the top working ones, most altcoins only come to take money from people and they don’t deliver on their promises, so don’t blame bitcoin that has delivered on his promises and has a working product that is speaking for it.

If bitcoin will dominate from now till 100 years, I support it please, if altcoins are serious, let their project developers put the effort that satoshi too put and let them stop dulling.
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August 18, 2019, 07:31:24 PM
 #77

For pure Leverage go with Bitmex.com

For one time betting or some sort of gambling then go for: Betinance.com

For brokers : IQoption or Tradersway.

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August 30, 2019, 09:41:43 PM
 #78

no need to do that. nobody is right about the price actions. even professionals make mistake in price prediction. it turns out that the day the trader pros give a bullish signals, expect a bear market and when they tell you that the market is bearish, expect a bull market. don't waste your gambling on prices. make your choice, if it works good. if it fails, move on.
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September 01, 2019, 06:07:06 PM
 #79

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

I hate to admit that I do not like the way bitcoin dominance has rose in the past few months. This will not allow the general market grow. I think it is almost 70% at this time. I hope it goes down so we can see new projects and ICOs rise to full potentials. This huge bitcoin dominance is dragging cryptocurrency down.

I bet, this situation will last for a long time, probably up to 2020. The crypto society is waiting for 2 major events - Bitcoin halving and Ethereum 2.0 launch. Therefore,  people are very cautious now to invest in altcoins as they cannot guess what will happen to tokens in less than a year when these global (in the crypto world) changes happen.
Suppose, BTC will be dominant for all this time.
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