Bitcoin_baba (OP)
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November 03, 2017, 12:49:10 PM |
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Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash. In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash. Market Needs Crash
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prince05
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November 03, 2017, 01:35:56 PM |
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I don't see any market crash soon.. the trend is just going up. This only suggest how persons really need bitcoin these days. I just hope it does stay the same as what I am seeing it to be the future of all currency.
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DrGuns4Hands
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November 03, 2017, 01:46:06 PM |
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soon there will be a crash since the segwit2x fork will come soon and that will end the price bubble there's a lot of panic sellers mostly first time in trading industry even tho they only have little profit they will gonna sell it asap when the price starts dumping. but for me no matter what happen im gonna hold my coins. holding it for a long term is more profitable .
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Labumi
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November 03, 2017, 02:01:25 PM |
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I think this is not an important issue to be discussed, because it is already common in the bitcoin. So if the price has decreased because of the bitcoin negative news that is not fatal then it is a very good chance for us to make the most of buying as much as possible and keep it, because of the bitcoin negative news (bullshit) is actually the most powerful strategy to bring down the price of the bitcoin and after large investors get their desires then the price will go up very high.
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LeGaulois
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November 03, 2017, 02:03:03 PM |
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The market won't crash so easily. In the second part of this month, we will surely see a huge correction in the Bitcoin's value, but the market will stay the same. Nothing to be worried about. People need to be used to this and stop to be worried.
Keep to be happy with the market and enjoy.
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filharvey
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November 03, 2017, 02:06:32 PM |
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Except segwit 2x activation,there seems no critical issues for bitcoin in the upcoming days.
Bitcoin has even overcome successfully the most feared dominant China's actions against it.
It has already faced two hard forks and survived.
Many consider that same would be the case with the following expected hard fork.
But its much worrying since segwit 2x has got more miners support and it has almost 85% hash rate.
So,there would be really more FUD,panic selling,chaos before segwit 2x activation.
But,if segwit 2x fails to get enough support,then bitcoin price would once again skyrocket.
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HiringYou
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November 03, 2017, 02:07:03 PM |
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I totally agree with you.We should be ready for a crash in the coming days .A rise of approximately 2000$ has been seen in the price of Bitcoin within 2-3 days.It has reached 7300$ mark and in no time it will cross 7500$ mark and even more if it keeps on growing at the same rate .I think a correction is required so that the price can be brought down to a genuine value because this unexpected rise is taking Bitcoin towards the bubble situation.Investors had stop investing in it because the price is not stable and there are chances of a huge drop in the price so they don't want to loose there money.
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Kemarit
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November 03, 2017, 02:10:35 PM |
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Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash. In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash. Market Needs Crash Why do you want the market to crash in the first place? I really don't get people speculating for a crash. If the crash happened what you gonna do? Sell as well and panic? I understand you concern but I think we are all matured here and we know what to do because we have seen the market fall from grace a lot of time but later get up and soar even more. And you should not create FUD here because we have seen this kind of threads already sometimes its becoming a good laugh for most of us. |
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FrueGreads
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November 03, 2017, 02:15:57 PM |
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I think the price will decrease right after the segwit2x fork happens. I wouldn't call it a crash though, it will just be a normal market correction. There are a lot of good news coming for bitcoin right now, and it's price does not stop to increase, so a correction of it's value will of course happen. I read somewhere that after the correction the price might go to $5000, but I don't think it will go that low. We will have another fork in December, called bitcoin silver, and although people will soon realize that these forks will give less and less profit, I think this one will still make the price increase again.
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mrbnson
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November 03, 2017, 02:19:31 PM |
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A correction seems only a matter of time, anyone with any knowledge of financial markets knows that things cannot simply trend upwards at such a rapid rate for a prolonged period. Most likely it will happen before/shortly after segwit2x but I do not see btc really falling too much, probably 6k at lowest.
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damberg
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November 03, 2017, 02:22:34 PM |
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I don't think that we are ahead of a crash (the term crash is usually used to indicate sudden and intensive collapse of a market e.g. MBS market during 2017). However, we will very probably face a "standard cryptocurrency correction" which si far more volatile than in for example stocks or commodities. My guess is correction somewhere to $4800 per BTC right after the segwit2x fork due to market uncertainity.
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darthmaul
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November 03, 2017, 02:26:51 PM |
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It doesn't depend upon the upward movement of the bitcoin but its all about how does it performs in the hard fork. Why? The specific reason is all about the hard fork itself. Because whatever price rise we are currently experiencing is because of the hard fork only and people will keep stacking up the bitcoin unless and until they receive the segwit2x coin promptly into their wallet. This is easy and everyone knows the benefits of getting free coins in first place. This time its not going to be like bitcoin gold which was dumb idea and nothin else. This time its real coins with real use and that why the prices are going to be very high. So no more crash for bitcoin unless and until something bad happens. :-)
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ralle14
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November 03, 2017, 02:50:02 PM |
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Last time bitcoin crashed real hard was during the middle of September, price peaked on the second day of the month $4.5k then slowly dip down to $2.9k. Possible that another crash or dip can happen between 2nd or 3rd week this month because of the price rising and it hasn't dropped within the last few days. There's also a chance that the price won't go down that much because look what happened during the last fork the price only went down by ~8% ($6k to $5.5k).
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Ctn
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November 03, 2017, 03:05:28 PM |
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Doesn’t matter what happens with the news as long as the fork is taking place people will try to hold their bitcoin his time. As there is no news about its adverse effect on bitcoin wallet then people have no fear of holding it for long. This they are doing for the sake of getting those free alt coin which will be distributed after the splitting of blockchain. So you see people are being opportunistic here and this will lead to growth only and no down crash. Yes it might be possible that bitcoin will crash after the hard fork as it would have already done its job meanwhile.
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Yaunfitda
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November 03, 2017, 03:30:05 PM |
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Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash. In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash. Market Needs Crash Of course the market can't remained in this state, it will always needs to go down for price correction. But I think it will still be after the fork because FOMO is always real. But as far as India is concern, I don't know what they are buying bitcoin at a premium price there, maybe there is some speculation that they are going to ban crypto currency. |
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fiulpro
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November 03, 2017, 03:45:33 PM |
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I don't think why the market needs a crash ?
Stabilizing prices of bitcoins, setting their value to some default one, making it adapt according to your own thinking is one of the method to make it centralized, bitcoins keeps on going up down according to the market , wishing for a crash.. I don't even know if its legit.. yes I do understand some people are looking for a chance for the price of bitcoins to decrease so that they can buy and invest since now they had seen the true potential of bitcoins... But anyways its bad for the market... It would be 1000 times more fair it the price of bitcoins keeps on increasing... The calatonian referendum did gave it a fair push towards this value but other than that.. Bitcoin gold and segwit2x can't be ignored and the price will go up until segwit2x no doubt in that... Also they won't decrease that much for it to be called a crash..
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Lonsdayl
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November 03, 2017, 03:56:10 PM |
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The market won't crash so easily. In the second part of this month, we will surely see a huge correction in the Bitcoin's value, but the market will stay the same. Nothing to be worried about. People need to be used to this and stop to be worried.
Keep to be happy with the market and enjoy.
It's hard to be happy, when something that have no value costs at first $ 1,000, then $ 3000 and already $7,500. It is very strange situation, isn't it? |
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killerfrost
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November 03, 2017, 04:00:05 PM |
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That's what I expect at the moment when Bitcoin prices have hit the mark and can break down at any time. So, I expect that there will be enough crash to suppress the price of Bitcoin or any stop signal rising from it.
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carlfebz2
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November 03, 2017, 04:01:56 PM |
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Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash. In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash. Market Needs Crash Market crash? It wont be possible as of these days seeing on the strong support into bitcoin.We might seeing now bull run which most people do see it already as a bubble.Even myself too believe on such thing.There wont be a crash but would really have price corrections later on because we do know on whats the thing drives the price of bitcoin as of these days which is on the fork event with bitcoin gold and bitcoin 2x. |
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DaddyMonsi
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November 03, 2017, 04:04:46 PM |
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Why would there be a crash? What I am expecting is a pull back or a market correction but not necessary a crash. If Bitcoin price drops yo $5,500 I don't think that its considered a crash and besides you guys should get used to pull backs after a bull run, this is not the first time we have seen BTC price reached ATH and beats ATH again in 24 hours. If Bitcoin price dropped to $5,000 its just an indication to buy more and prepare for another bull run.
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