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Author Topic: Bitcoin Price Moving Towards $7500, Market needs a crash  (Read 2255 times)
Proton2233
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November 03, 2017, 07:01:23 PM
 #41

I think the current trend of Bitcoin will continue to increase in the next few days, there is no stopping point and it seems it has not reached the top. Therefore, I always expect something like an accident or something that inhibits this excessive growth, it will be useful for Bitcoin in the future very much.
It seems to me that now the price will go up to $ 8,000 and then begin falling. But if trends continue the price will not fall below $ 6,000. This is a very good result. I have no remorse I'll continue to store my bitcoins. If not this then next year they'll go even higher. I can afford it because I have main job and I have enough Fiat.
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November 03, 2017, 08:51:36 PM
 #42

I only think the market will get a little crash just before and around the time SegWit2X comes out with their hard fork November 15th. Besides that I don't see much stopping it get to 10,000 USD by Christmas time. Plus with the CME just launching futures trading the big institutional money is starting to come in and that's when the Bitcoin price is really going to reach it's full potential.
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November 03, 2017, 09:13:39 PM
 #43

I think if there is a crash in this moment, it will be a big crash that noone want to see it at all.
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November 03, 2017, 09:37:07 PM
 #44

This pump maybe a sign that supply of bitcoin is getting tighter at this moment and to bring back some in the circulation increasing the value so that holder will be tempt to sell their coins is the way developers think would probably help and after getting the desired number of bitcoin in tge circulation a sudden drop might be experience. This is how I see the market of bitcoin if I was right we must be prepared for a sudden drop
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November 03, 2017, 09:41:27 PM
 #45

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

As always expected, a crash can happened anytime when there is an ongoing crazy pump so nothing new here. Or does it really a crash?

The questioned here is, how much the price will go down once correction happened? It's clear that no answer tot his. So rather than be worried or stressed to what will happened, just enjoy this pump and do what you must think is good to take advantage of this pump.

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November 03, 2017, 10:39:16 PM
 #46

I think are this time what we are seeing is still a bull run, we might see a crash before the fork or after the fork, I think at that time the correction will happen. I think the price is not due to hype it might be due to more and more gaining trust in Bitcoin, since if we check in the news about Bitcoin, there are still negative news out there and fortunately the value of Bitcoin is still rising, let's not get worried if we see the price of Bitcoin going high, this is just normal since Bitcoin has a high volatility, the market will still go for correction.
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November 03, 2017, 10:55:11 PM
 #47

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
The market is going to correct itself, but to think it needs a crash you will need to determine that the demand for bitcoin is artificial and cannot be maintained and I think that is incorrect, just look at bitcoin, the increase in price seems to come from real adoption, have you forgotten that japan adopted bitcoin just some months ago? So I do not see any signals a crash is coming and instead I see many signals that bitcoin price is going to keep going up for some time.
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November 03, 2017, 11:38:54 PM
 #48

I highly doubt the market need a crash, but after a long time in bitcoin I know that there will be some correction, not a crash, usually near the forking time there will be some drop, but looking by the situation it will recover fast and go higher, the enthusiasm of the investors is incredible, bitcoin is setting a new record every month
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November 04, 2017, 08:24:02 AM
 #49

I highly doubt the market need a crash, but after a long time in bitcoin I know that there will be some correction, not a crash, usually near the forking time there will be some drop, but looking by the situation it will recover fast and go higher, the enthusiasm of the investors is incredible, bitcoin is setting a new record every month

You got the right think on this correction. If crash coves out then price could go below 1000 dollars for one bitcoin but this is hardy to happen.
Correction on other hand is something completely different this can happen or maybe is in progress already. Probably we will see major correction on Christmas cuz like every year we will have major sell then, possible that that we will see and experience correction, not the crash no one needs crash.



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November 04, 2017, 09:36:47 AM
 #50

I don't know what to say on this effect but it's like and the price is going up the peoples are getting more interested in Bitcoin. Even from my locality many people have requested they want to know about Bitcoin, so I think Bitcoin is being adopted more frequently in all over the world and with this page I think we can cross $10,000 in around 2 years.

end of this month can cross 9500 probably next year start with 13000, feel sad to not exchange my paypal when its crash to 3600 last sept, very difficult to buy BTC with paypal and the price is higher than normal, but withdrawing paypal to my local bank also incur lots of fees so the money sit there losing me lots of opportunity

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pitiflin
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November 04, 2017, 02:37:54 PM
 #51

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
The bullish period is going to continue for 2 weeks ,that is till the fork and then it depends on various economic factors. I don't know if this current period can be considered as a healthy gesture because the price has been just on the rise and 7450$ is a lot and am flabbergasted that the market hasn't crashed since September I believe. Now, how are consumers going to react after the fork,are they going to dump it and go after altcoins? Or are they going to continue with the bullish respond towards bitcoin?


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November 04, 2017, 03:14:40 PM
 #52

Just trying to be realistic here, bull markets won't last forever. So a correction (some may call it a crash) is expected. But a full on crash like back to sub 1000? I dunno, doesn't seem to be realistic at this point.

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November 04, 2017, 03:25:47 PM
 #53

I don't know what to say on this effect but it's like and the price is going up the peoples are getting more interested in Bitcoin. Even from my locality many people have requested they want to know about Bitcoin, so I think Bitcoin is being adopted more frequently in all over the world and with this page I think we can cross $10,000 in around 2 years.

end of this month can cross 9500 probably next year start with 13000, feel sad to not exchange my paypal when its crash to 3600 last sept, very difficult to buy BTC with paypal and the price is higher than normal, but withdrawing paypal to my local bank also incur lots of fees so the money sit there losing me lots of opportunity
I think that PayPal on its last legs years. He will never be able to reach the level of bitcoin. There are many different restrictions. As soon as it was able to withdraw my money from PayPal through bitcoin I did. It's certainly not profitable, but I was forced to go on such costs to forget PayPal as a nightmare. Bitcoin easily deals with its competitors. Soon there will be nothing except bitcoin.
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November 04, 2017, 03:44:45 PM
 #54

I think that PayPal on its last legs years. He will never be able to reach the level of bitcoin. There are many different restrictions. As soon as it was able to withdraw my money from PayPal through bitcoin I did. It's certainly not profitable, but I was forced to go on such costs to forget PayPal as a nightmare. Bitcoin easily deals with its competitors. Soon there will be nothing except bitcoin.

I don't think you're right. As soon as Paypal remains the only way of payment on Ebay it'll keep prospering. These fuckers (let's not forget they are literally the same company even though they are split now from legal standpoint) worked hard to eliminate any other way of paying for Ebay purchases.

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November 04, 2017, 03:55:52 PM
 #55

Everything is possible, but as predicted by many experts and also by big players, they were sure that bitcoin would grow to at least 8 thousand dollars till the end of the year, I was also with same opinion and as for me soon it should happen, but no one can 100% know what will happen next with bitcoin.
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November 04, 2017, 04:09:28 PM
 #56

There is no "need" for a price fall? It would be possible for Bitcoin to keep rising if capital flows keep coming into its market. Thing is, it would not be a straight forward rise. There would of course be profit taking all the way.

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November 05, 2017, 04:37:24 AM
 #57

I think that PayPal on its last legs years. He will never be able to reach the level of bitcoin. There are many different restrictions. As soon as it was able to withdraw my money from PayPal through bitcoin I did. It's certainly not profitable, but I was forced to go on such costs to forget PayPal as a nightmare. Bitcoin easily deals with its competitors. Soon there will be nothing except bitcoin.

I don't think you're right. As soon as Paypal remains the only way of payment on Ebay it'll keep prospering. These fuckers (let's not forget they are literally the same company even though they are split now from legal standpoint) worked hard to eliminate any other way of paying for Ebay purchases.

Not only Ebay mate. Let's not forget Alibaba, Aliexpress and other Chinese marketplaces which combined are much larger than Ebay now.

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November 05, 2017, 05:41:48 AM
 #58

For most of the part, the ones asking Bitcoin's price crash is the entire altcoin market. Having struggled through the entirety of the last few months, a Bitcoin crash could be ideal for all of the altcoins to rise back up.
About the Indian market scenario, it looks poised for more investors to be able to chime in to the Bitcoin market. With a few proper functioning exchanges unlike the most popular big marginal ones and better customer support, it already looks to be highly flourishing.
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November 05, 2017, 05:58:30 AM
 #59

I don't think  market will clash as there is no reason for that. Bitcoin has make a high significant progress for some time now and we have not witness any clash except the one that happened between 12 to 18 of September and a little corrections we have along the way. We are going to have some little corrections in another push towards  $8,000 and those corrections create opportunity for us to buy low.
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November 05, 2017, 05:59:04 AM
 #60

For most of the part, the ones asking Bitcoin's price crash is the entire altcoin market. Having struggled through the entirety of the last few months, a Bitcoin crash could be ideal for all of the altcoins to rise back up.
About the Indian market scenario, it looks poised for more investors to be able to chime in to the Bitcoin market. With a few proper functioning exchanges unlike the most popular big marginal ones and better customer support, it already looks to be highly flourishing.
yes i know that the price of bitcoin are moving towards $7500 and people more like to invest in bitcoin but these market where bitcoin using need more crash i mean that bitcoin defeated a lot of things and it price surprised a lot of people.
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