Bitcoin Will Crash Below $3000.

[pjhom]

It won't make $3000 based on the current circumstances.  For that to happen, something really bad in the space would have to come to pass.

[thinair]

It won't make $3000 based on the current circumstances.  For that to happen, something really bad in the space would have to come to pass.

Fanatic markets know how see news to explain why a market rise or fall - Putin caught a cold, a cow was knock down on the streets of Delhi...something really bad happened    

[Emelectrol]

This is a unregulated market with early adopters that can control it at their liking. Rational market analysis doesn't work

Anyway as long as it stays above 6 $ I'm in profit

[BUK2016]

If bitcoin value should decline down to $3000 I will not hesitate to convert all my money in the bank to bitcoin because that level will be a great opportunity for me to invest more in bitcoin. Reason been that am of the believe that bitcoin will raise again with time. But if it is for short term period, I will not take such a risk by investing all my saved money if bitcoin value should decline to $3000 as you speculate.

[F3arl3ss]

The problem is sky high transaction fees and a cap on transactions per second. I'm not really sure how bitcoin is supposed to be scalable... Therefore, I'm not sure that this valuation is truly justified.  Although over a short period of the time it may bubble. In the long run, bitcoin will probably go down in value.

[Omega Weapon]

Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.0

12 Nov 06:00 - $5600
12 Nov 22:00 - $5680

The market tested the lows within 16 hr. The market is now at around $6350.
   
   

For those who are in profit, locking in the profit is safe.
   For those who are not yet in bitcoin, at the least wait for a month.
   Wait.   

Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.

   It is pure greed believing bitcoin will go to $10,000 by year's end.

Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but UP...
   

All time is the correct time buying into bitcoin.

But they forget that bitcoin cannot be a currency, but only as a medium of speculation.
   

Bitcoin's only worth is as a medium of speculation for transfer of wealth from the bottom 95% to the top 5%.

I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.

I would not mind if bitcoin went down in value since that will give me the chance to get cheap bitcoin however I disagree completely with the last part of your post, you think bitcoin is not going to bring any economic benefits to the world, a currency that can be used everywhere with no limitations and that cannot be confiscated, bitcoin is the best currency ever invented and if that is not going to bring economic benefits to the world then nothing will.

[Caladonian]

Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.0

12 Nov 06:00 - $5600
12 Nov 22:00 - $5680

The market tested the lows within 16 hr. The market is now at around $6350.
   
   

For those who are in profit, locking in the profit is safe.
   For those who are not yet in bitcoin, at the least wait for a month.
   Wait.   

Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.

   It is pure greed believing bitcoin will go to $10,000 by year's end.

Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but UP...
   

All time is the correct time buying into bitcoin.

But they forget that bitcoin cannot be a currency, but only as a medium of speculation.
   

Bitcoin's only worth is as a medium of speculation for transfer of wealth from the bottom 95% to the top 5%.

I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.

I would not mind if bitcoin went down in value since that will give me the chance to get cheap bitcoin however I disagree completely with the last part of your post, you think bitcoin is not going to bring any economic benefits to the world, a currency that can be used everywhere with no limitations and that cannot be confiscated, bitcoin is the best currency ever invented and if that is not going to bring economic benefits to the world then nothing will.

If all of us have the same idea how bitcoin works then yes it will bring big changes inside economic area of any countries if more people will push this system and let company adopt bitcoin transactions it will lessen and easy those transactions between each countries. I'm still in the good side of bitcoin future this test will just let the value to become stronger.

[jtipt]

Cool story, bro.

Yeah. Seems like bitcoin is already in its 'recovery mode'. Already up to $6600, it's definitely not going to drop below $3000 now. BTC popularity is enough to keep it up even if it has a lot of technical flaws.

[Siren]

Cool story, bro.

Yeah. Seems like bitcoin is already in its 'recovery mode'. Already up to $6600, it's definitely not going to drop below $3000 now. BTC popularity is enough to keep it up even if it has a lot of technical flaws.

I agreed. Although there are a lot of better altcoins that bitcoin, but since its the first to come up and because popular it has somewhat gain the trust by the investors so I highly doubt that it can go down to $3000. And just what we said, bitcoin is going up again after a period of drop, roller coaster price specially the attack coming form the supporters of bitcoin cash. Now its above $6600 and probably on the way to $7000++ again. So the scenario of it crashing is not happening.

[HatakeKakashi]

As of now the price of bitcoin continue to increase and I  hope the price become 7k dollars again.

[Kurokonobasuke]

Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.0

12 Nov 06:00 - $5600
12 Nov 22:00 - $5680

The market tested the lows within 16 hr. The market is now at around $6350.
   
   

For those who are in profit, locking in the profit is safe.
   For those who are not yet in bitcoin, at the least wait for a month.
   Wait.   

Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.

   It is pure greed believing bitcoin will go to $10,000 by year's end.

Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but UP...
   

All time is the correct time buying into bitcoin.

But they forget that bitcoin cannot be a currency, but only as a medium of speculation.
   

Bitcoin's only worth is as a medium of speculation for transfer of wealth from the bottom 95% to the top 5%.

I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.

Its market value is indeed falling but I doubt that it will fall as that hard that it will be priced 3000$ from its current value of 6300$. Bitcoin's value is now recovering due to what happened recently related to the cancellation of segwit2x this month. I am not expecting that it will be qble to reach 10000$ by december since the fork was cancelled but I won't also believe that its value will fall down to 3000$.

[thinair]

I received this personal message from the moderator informing me of the deletion of a reply that I made to this thread:

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

My reply is an answer to Caladonian's latest comment to me. I find my reply to be of complete relevance. The only reason that I can see why my reply was deleted is that I argued that bitcoin is not useful - an expression of an absolute academic argument.

I cannot accept such moderation from this forum. I have decided not to post in this forum again as free expression of arguments contrary to what the bitcoin developers believe in are censored here.

[OrangeII]

well, that's a very long drop. I hope it will not happen. I think under the price of $ 3000 is a huge price. I do think the bitcoin price will go down, but I think it's too far. I hope the bitcoin price does not fall below the $ 5000 price tag.

[timerland]

Nah, i feel like you just missed out on the previous pumps and is feeling a bit salty at the moment.

No way that we're going under $4000 again this year in my opinion. Maybe next year, when a big adjustment in price comes. But it's definitely not going to be this year or any time soon in my opinion, markets are way too bullish for that.

$10k is going to happen. You saying that wait a few weeks and buy at a lower price seems like the real fantasy here

[orions.belt19]

For it to go down as low as $3,000 is too much, if that happens then Bitcoin may have a hard time to recover. However, many would grab this opportunity and buy bitcoin at such a low price as that. Since bitcoin has been rising just recently, then there's no surprise for the price to go down but for it go down and crash below $3,000 is kind of far. I don't see any reason yet for it go down that low even with the cancelled segwit. A lot even anticipate for the price to go up by the end of the year especially with good news about bitcoin such as amazon has been spreading. Also, the popularity of bitcoin has been increasing so this would contribute to a price increase.

[meldrio1]

that's impossible bitcoin will crash at $3,000 if that happens it will sure grow back quickly the price, some investors think this is the cheap price of bitcoin then they will buy it.

[skinomanl]

$3000 is way down already, its going to be a big disappointment if it goes that low. i'd lose faith to all these crypto whenever this happen. right now $5k is already cheap for someone who wants to get into. so the moment it will start to touch $5k, people will soon be buying which is why it can't go down that low.

Now the price is stable, it does not go down and does not rise. I see no reason for the collapse to occur. But, even if this happens, it will be an excellent chance to buy bitcoin

[CONANEDO]

bitcoin will not drop to $3000 not even bitcoin cash can make bitcoin drop to $3000.bitcoin still around $5000 When bitcoin cash reached $2800 and now back to $6000.you should buy bitcoin when it dropped around $5000.

[dobladi]

Bitcoin Must Crash - $7500 Is The Peak
https://bitcointalk.org/index.php?topic=2380173.0

12 Nov 06:00 - $5600
12 Nov 22:00 - $5680

The market tested the lows within 16 hr. The market is now at around $6350.
   
   

For those who are in profit, locking in the profit is safe.
   For those who are not yet in bitcoin, at the least wait for a month.
   Wait.   

Those who talk about bitcoin going to $10,000 by Christmas is just fantasizing - from pure unadulterated greed.

   It is pure greed believing bitcoin will go to $10,000 by year's end.

Why should bitcoin be worth $10,000? They believe in the talks by the propaganda about how bitcoin is the currency of the future...banks and governments cannot touch bitcoin and therefore there is no way it goes but UP...
   

All time is the correct time buying into bitcoin.

But they forget that bitcoin cannot be a currency, but only as a medium of speculation.
   

Bitcoin's only worth is as a medium of speculation for transfer of wealth from the bottom 95% to the top 5%.

I will not repeat my arguments as I have already explained in my other posts that bitcoin will never bring any real economic benefits to the world.

I will hope that it won't fall as that low because it will be surely hard for Bitcoin to recover from that price. But if we can't stop the circumstances, I would take advantage of the price drop and would invest to bitcoin as much as possible. Because i do believe that it will be able to recover on any kind of backdrop.

[passwordnow]

We did went into a correction recently so I think there will be no more crash that will happen for now. There's nothing greed if everybody has been thinking that bitcoin will be into $10,000. How about those coins that you are holding what do you want them to reach? It's a very simple thing that a trader will hope and keep on speculating good and positive thing about the bitcoins they/we hold.