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Author Topic: Why Some Speculating Bitcoin To Crash?  (Read 2223 times)
crypto1010
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December 04, 2017, 08:25:36 PM
 #21

Maybe they want to score themselves some cheap bitcoins by scaring the weak hands to panic sell Grin


I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

There is people speculating about market control, and if in a fact this is happening we'r all screwed.
No we are not, regulators get the back seat too, bitcoin network remains decentralized and anything with a link with Fiat gets the regulators on their backs.
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December 04, 2017, 08:28:50 PM
 #22

Because parabolic moves tend to crash regardless of whatever market.



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December 04, 2017, 08:35:46 PM
 #23

Honestly all people are not the same as what they speculate about bitcoin since bitcoin is volatile we don't know what will happen with bitcoin if it can be crash or the price could increase more..
But if they are saying that the price can crash around $3k to $5k i think those people are whales who just wanted to let other let people to sell their bitcoin to push the price dip so that they can buy bitcoins again this is what think..
Because of the fake news before that whales always doing anyways to push back the price if they already sold their bitcoin.
And i think most of the holders are relaying what is the latest news about bitcoin if they hard bad news about bitcoin expect that the price of bitcoin will fall but if you heard a good news expect that the price continues to increase..
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December 04, 2017, 08:36:23 PM
 #24

We can't blame them if they believe that a crash dipping into lower levels of $5k area is inevitable. They think that this bull run that we are having right now is in a bubble territory, as they are basing it in a traditional financial perspective. They need to take note that BTC and most of its aspects are against the traditional financial cycles and they need to take a different outlook on its cycle. My personal opinion is that we will have a considerable amount of correction but that will not touch the $5k area. My guess is that we will have a buying opportunity in the $8k area but that will be just a quick one.  Wink
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December 04, 2017, 09:07:47 PM
 #25



I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

Saying that Bitcoin will crash soon are just FUDs. These people are just spreading false rumors so that some people in Bitcoin community with weak hands will immediately press the eject button when they see significant decrease on Bitcoin's price. Thus, making the decrease greater. This has always been so normal and many are getting used to it. But since there are many new comers, they will be the target of these FUDs.

Quote
Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities

Japan did? I thought it was China.

Quote
Are you expecting Bitcoin to get so low once it crashed?

That should be an obvious yes since the term used was "crash"

Quote
...Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

I also believe in this. It has always been that way so it is very possible and probable that when Bitcoin crashed, many will just buy more at a very low price.

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December 04, 2017, 09:22:28 PM
 #26

Other people want to bitcoin crash the price so if that happen. They have chances to buy bitcoin with cheap price only. They wait again the price to increase and after that they will sell their bitcoin to make profit. That's the process . Wait yhe orice decrease and sell if the price increase. But I hope the price will continue to increase to make a lot of profit.
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December 04, 2017, 11:46:33 PM
 #27

Calling these corrections is not based on the financial system.  It's based specifically on bitcoin history which is even more brutal.

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December 05, 2017, 07:30:15 AM
 #28

They are spreading FUD so that they can buy cheap bitcoin in the market, if a lot of people dump bitcoin then they will buy it since they know that bitcoin wont get to crash.
Those are lies that they spread to cause fear to the user of bitcoin.
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December 05, 2017, 07:53:21 AM
 #29

I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Why? Because you bought higher? Tongue

Look, I'm super bullish on Bitcoin. But you'd have to be crazy not to admit that this is a parabolic trend. It will end. Not only have such trends occurred in Bitcoin, but they occur in other markets as well, and they all share the same characteristics. I've never seen a parabolic trend break down that didn't crash at least 50% (usually more).

I know that the fundamentals are even more bullish now, but that's also reflected in the price -- It's up more than 50x from the 2015 lows. A crash that temporarily eliminates much of this year's gains is not impossible.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

I'm assuming you mean China. The China ban only netted a 40% drop from the highs, and it took place in the middle of a huge rally. When this year's cycle finally breaks down, I expect a bigger drop than that.
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December 05, 2017, 08:35:56 AM
 #30

Because parabolic moves tend to crash regardless of whatever market.




That's true for general markets. However Bitcoin is not a stock or just a currency. In first place it's still a NETWORK!
And when you know how fast networks can grow s-curve adoption takes place this is what you also may see in Bitcoin when you look at the chart.
This is adoption happening.
Sure we will see big corrections in terms of price. But how long will they last? This year every attempt to decrease the market price significantly just got bought up immediately. I'm convinced that this won't be the case forever. But as long we can build a new solid bottom after the next big drop in the high 4 figures or maybe a bit above $10k this would still be extremely bullish. Let's if we get another blow-off top like in 2011, 2012 and 2013 with corrections about +70%. Nothing is impossible. But I doubt it will if not some kind of globally organized FUD campaign, bans happen, supported by major media outlets pushing a narrative involved with government figures announcing some BS.
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December 05, 2017, 09:04:16 AM
 #31

Heh...  They're prolly butthurt they didn't get in when they had the chance.  It was right in front of them on 2014 - 2015.  I used to tell all my friends to buy some, but for some reason they wanted to invest in something else like stocks in order to look good or smart or 'Wall-Street-like'.  In other words, they're looking for approval.

Now they're asking me if it's still a good time to buy, I tell them:  Nope.  Lol.  Grin
Butthurt indeed. The problem with some people is that they really do not know how to face life and just move on if they missed a moment. They can keep wishing for whatever they like but this is something that would never happen. Bitcoin once it even becomes more usable and the scaling issue is solved, then it would even skyrocket the value even more than we have as the demand would increase. The only reason why bitcoin can ever get to that level is if the demand gets too low and the supply gets extremely high which I do not see coming.
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December 05, 2017, 09:25:56 AM
 #32



I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

Anything could happen during a period without rallies and quick downwards movements. Panicking investors is always the worst and there will be no bottoms basically if bitcoin does crash hard after the current rally.

Anyone's welcome to take on that position if they'd like to, i don't blame them. but personally i'm still quite bullish.

I think that when the rally ends, lowest BTC will go is probably 5-6k, instead of 2-3k some people are talking about.
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December 05, 2017, 09:59:42 AM
 #33

I wouldn't call 90% of them "speculation" because they are obvious FUD from either some butthurt people or some idiot who is trying to short bitcoin and make some money from its drop. that is why there are so many so hot about talking about the "Crash".

but I agree with what you said, with all the things that are going on these days, it is not possible to see a crash like what they are predicting.
but at the same time I say a big drop is also possible. but it is not because bitcoin is in a bubble or anything remotely like that but if a big drop or crash happened it would be because of panic sellers and existence of lots of newbies who don't know they are selling to a buy wall that a whale placed there for them.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, \

you meant to say China not Japan Wink

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December 05, 2017, 10:06:28 AM
 #34

It seems to me that such a failure of bitcoin will not. Maybe the price of bitcoin is too high, but who knows the real price of the dollar. It seems to me that its price is also very high. People are gradually moving away from the dollar and therefore bitcoin for this reason, increases in the price. Recent statements by us Federal reserve suggests that the attack on bitcoin is. I hope we hold out and win.
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December 05, 2017, 10:36:29 AM
 #35



I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?

back to 3,000 is impossible but even happen bitcoin is so expensive and all altcoins will be lower than 100$

this will happen if demand reduce fast in short term
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December 05, 2017, 11:07:10 AM
 #36

Many people charting and connecting many lines, and the result said so Bitcoin expected to have some pullback after the recent massive rise. I believe after Bitcoin has done with some correction the price will continue to rise.
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December 05, 2017, 11:09:22 AM
 #37

some people have always been speculating about a doomsday in bitcoin. and most of them are full of themselves and will only be vocal during the drops and they are always hiding beneath a rock during the rises.

i have yet to see any compelling arguments about "crashes" or doomsday even. i try to keep an open mind and consider all the possibilities at all times even drop and crash like what they say but i am also not  dumb enough to think it will happen just because some idiot on the internet is saying so.

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December 05, 2017, 11:20:44 AM
Last edit: December 05, 2017, 11:35:22 AM by khaled0111
 #38

There is always people like that since the beginning of creation.
If you go back in time to 2009_2010 you will cross people saying the same thing about bitcoin.
There is people who start panicking when price drops and there is also people that panic when the price goes up fastly especially when such rise can't be explained.
Even if we admit that Bitcoin will crash, it will be impossible to go below 6K$. If you see bitcoin under 6k then probably it is the end and not just a bump.

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December 05, 2017, 04:24:23 PM
 #39

There is always people like that since the beginning of creation.
If you go back in time to 2009_2010 you will cross people saying the same thing about bitcoin.
There is people who start panicking when price drops and there is also people that panic when the price goes up fastly especially when such rise can't be explained.
Even if we admit that Bitcoin will crash, it will be impossible to go below 6K$. If you see bitcoin under 6k then probably it is the end and not just a bump.

I think that's the market we are in now. Bitcoin will at most crash and lose 50% of its value, if it goes beyond that it will have to be something catastrophic and it will probably mean the end for Bitcoin. At least for a number of years.

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December 05, 2017, 05:01:52 PM
 #40



I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even  $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.

Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.

Are you expecting Bitcoin to get so low once it crashed?
Everything can happen to digital currencies. even the incident can be very fast, I see conditions like this is a common thing because when the price of Bitcoin can increase rapidly then it is possible that the price of Bitcoin can decline rapidly as well. I see at the moment that the opportunity for price reduction is still small, if you say that there will be regulation in some big countries then it is still quite long in my opinion. Until now and early 2018 I am still optimistic to see a stable Bitcoin price and could even increase with high.
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