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btcdee
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December 09, 2017, 08:41:42 AM |
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Of course it will crash, along the way to an even higher price. The thing with Bitcoin is that there is nothing that can prevent the price from getting totally out of hand. As long as it is considered a rare asset ("digital gold") people will feel the urgency to get in before the rest. Bitcoin really can't be valued on fundamental basis, just like gold can't. This is one of the reasons it's so bubble-prone. Nobody can convincingly argue it is overvalued. I'd even argue that it being valuable makes it even more valuable.
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gilangIDR
Legendary
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December 09, 2017, 09:21:33 AM |
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Of course it will crash, along the way to an even higher price. The thing with Bitcoin is that there is nothing that can prevent the price from getting totally out of hand. As long as it is considered a rare asset ("digital gold") people will feel the urgency to get in before the rest. Bitcoin really can't be valued on fundamental basis, just like gold can't. This is one of the reasons it's so bubble-prone. Nobody can convincingly argue it is overvalued. I'd even argue that it being valuable makes it even more valuable.
Bitcoin is unpredictable. Bitcoin is not something we can analyze easily. If anyone says that someone can do bitcoin predictions appropriately then that is impossible. Similarly, the decrease in bitcoin prices. All that will happen and can not be stopped and also estimated. |
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Juggy777
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December 09, 2017, 09:25:16 AM |
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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 may be some falls over a period of time, and that's quite normal, but do I expect a full crash nope. Why I am positive that USA shall never ban, Bitcoin is that the future's got permission from their regulator's, and since they have thier approvals and so much USA money involved in Bitcoins, I do not expect it to crash anytime soon or that USA to ban it ever. I would always say, buy on every dip, 40k is definitely coming. |
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bitgolden
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December 09, 2017, 08:12:28 PM |
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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?
So many people missed the chance to buy at that point and they really wish it would get that low so they can get at that price. It is a crazy thing that will never happen because the market is stronger than having something like that happening. If everyone is looking for such moment, then they will grow white beards and still never get to see it. I do not expect bitcoin to get that low and if it does, then I buy more! |
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Omega Weapon
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December 10, 2017, 02:36:35 AM |
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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?
I believe in bitcoin but we need to be honest with ourselves the growth has been simply too fast, so those that are predicting a crash have some reasons to think that, while I think that most of the growth is legit we need to acknowledge that things are not moving at a normal speed, I do not think we are going to go that low but I think there is a possibility we see prices of 10k to 12k. |
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btcney
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December 10, 2017, 03:59:20 AM |
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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?
I believe in bitcoin but we need to be honest with ourselves the growth has been simply too fast, so those that are predicting a crash have some reasons to think that, while I think that most of the growth is legit we need to acknowledge that things are not moving at a normal speed, I do not think we are going to go that low but I think there is a possibility we see prices of 10k to 12k. Agreed, we are going to see adjustments no doubt but i think to say that these adjustments go down as far as 3-5k is justimpossible in my opinion unless something catastrophic renders the entire network useless for a certain period of time. There are obviously very active bears that are making these sort of statements. Don't let anyone influence you, instead take a variety of opinions froma range of people. If somebody is overly bullish, same thing applies. Formulate your own opiinon. |
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vintages
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December 10, 2017, 08:35:52 AM |
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I believe that the lot of people are whom are predicting that Bitcoin will crash are those who did not invest in it when the price is high and hoping that it fall they can buy it at the cheaper rate.
And I also agree with you OP that there will be a dip and a big dip for that matter but that dip won't cause a price of $3000 nor $4000 . The price may fall between $7000-$10,000 and hopefully then it will be stable.
And yes, the only thing that can cause this dip will be when the USA stops the use and transaction of bitcoin.
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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December 10, 2017, 08:37:36 AM |
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And yes, the only thing that can cause this dip will be when the USA stops the use and transaction of bitcoin.
What makes you say this? Just 3 months ago the price was $4,000 and there was no US sanction against bitcoin. |
60659 📦
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Kiweikoo
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December 10, 2017, 12:01:03 PM |
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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?
Because they read bitcoin wrongly , every one think big news will effect in bitcoin like what happen in the past but now bitcoin is stronger and will be more expensive ever The fact is that if everyone is looking for a lower value to buy, it is just because the demand is huge and no one is offering them that since there are so many people who see now as the perfect time to buy and as long as the demand keeps increasing, this is something we can never see. Yes, a correction may be expected, but there is a level no one should even try bothering about that, knowing that anything even at $9000 right now, it is going to be first come, first serve. |
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KaliLinux
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December 10, 2017, 12:34:41 PM |
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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?
No chances to banning as we see now cme initiated thier foot steps to bitcoin. Long term holders should avoid those kind of predictions. Price will not maintain the same level as we see. Those UPs and DOWNs are usual. I am going to take this as positive like buying now and HOLD them. The value is increased from $800 from one year so this shouldbe considered as a long way to the moon. There might be fluctuation but its slightly it will gain back to the position. Also we have to feel the difference of CBOE involvement. |
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AVAMONEY
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December 10, 2017, 02:34:24 PM |
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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?
Expecting bitcoin back to the price of $ 3,000- $ 4,000 is something a bit impossible. We try to mark, when China decided to ban the trade followed by Russia, what happened? is the price deepening? The answer is no. Bitcoin is in its current position because of the solid support of the community, for example that has often happened is when the price has a deep correction downturn, it does not take long for bitcoin recovery price, this is not because of a political influence or comments from famous people, but mainly because bitcoin has a trust in the eyes of business people to move on. |
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Ayiranorea
Sr. Member
Offline
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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December 10, 2017, 02:56:48 PM |
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After every price increase there will be some form of decline in price. This doesn't mean it is a crash, people just on panic state this to be a crash. In my opinion this is all about the real growth happening with time period. Particularly FUD gets circulated around leading to price fluctuations terming it as crash. In future people will realize the truth.
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asu
Legendary
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Activity: 1302
Merit: 1135
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December 10, 2017, 03:02:19 PM |
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After every price increase there will be some form of decline in price. This doesn't mean it is a crash, people just on panic state this to be a crash. In my opinion this is all about the real growth happening with time period. Particularly FUD gets circulated around leading to price fluctuations terming it as crash. In future people will realize the truth.
Yeah all in all it's just a FUD that is just spreading in this world full of FUD's. I knew why they are doing this is to buy more bitcoin because they more to grab much more grab of bitcoin in buying a low price's that's wht they are spreading so many FUD's at all. However, we doesn't need to become affected in many FUD's soreading in cryptoworld and we just need to think how can we much more obtain so many bitcoins |
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ene1980
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December 10, 2017, 03:28:56 PM |
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Bitcoin is unpredictable. Bitcoin is not something we can analyze easily. If anyone says that someone can do bitcoin predictions appropriately then that is impossible. Similarly, the decrease in bitcoin prices. All that will happen and can not be stopped and also estimated.
Sure the price of bitcoin is really unpredictable,even with the major flaws it had with the transaction and the transaction fees,the price kept on moving higher and all the predictions i had about bitcoin failed miserably ,i think the investors will find this out at a later stage and if the network did not upgrade to lightening network as early as possible,the price could crack. |
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n691309
Legendary
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Activity: 1526
Merit: 1001
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December 11, 2017, 10:23:42 AM |
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Well i think why they are speculating that bitcoin will crash is that they can buy more bitcoin at cheap price though what they speculate wont happen.
They are just spreading FUD so that the market can go crazy again with bitcoins being dump.
Yeah that’s the main reason about the fall wishers because they want to heavy their wallets and all this will be very helpful to them but there will be no fall in future the time of pump and dump has gone because price has come so high here fall will not give any more benefits and all the speculator will take back their statements when they will see the storm of high prices coming and they will buy at the higher prices too. |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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December 11, 2017, 10:34:34 AM |
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'its so high that it cant fall' (terminal velocity)?
'itll go so high theyll be forced to buy'
grade a stuff here
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60659 📦
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ausbit
Legendary
Offline
Activity: 1330
Merit: 1019
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December 13, 2017, 05:28:48 AM |
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After every price increase there will be some form of decline in price. This doesn't mean it is a crash, people just on panic state this to be a crash. In my opinion this is all about the real growth happening with time period. Particularly FUD gets circulated around leading to price fluctuations terming it as crash. In future people will realize the truth.
Yeah all in all it's just a FUD that is just spreading in this world full of FUD's. I knew why they are doing this is to buy more bitcoin because they more to grab much more grab of bitcoin in buying a low price's that's wht they are spreading so many FUD's at all. However, we doesn't need to become affected in many FUD's soreading in cryptoworld and we just need to think how can we much more obtain so many bitcoins Those who are saying like this their only aim is to create panic situation and all this will not work anymore because people are now mature and they will not let that happen and the main reason that people are speculating crash are they didn’t bought at the right time earlier and now they are regretting, they want to see prices down so that they can afford to buy bitcoin but don’t believe such speculators they are not economists. |
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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December 13, 2017, 07:52:19 AM |
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Thats ridiculous, Nobody on this forum is going to create any movement in a half a trillion dollar market. Maybe I was posting in a Feathercoin board you could say that.
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60659 📦
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Semaj123
Member
Offline
Activity: 434
Merit: 10
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December 13, 2017, 11:03:40 AM |
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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?
So many people missed the chance to buy at that point and they really wish it would get that low so they can get at that price. It is a crazy thing that will never happen because the market is stronger than having something like that happening. If everyone is looking for such moment, then they will grow white beards and still never get to see it. I do not expect bitcoin to get that low and if it does, then I buy more! Count me in then if that big dip would happen, many are really hoping and waiting for the bitcoin to go down but it seems it keeps getting higher and many are speculating about the value of btc will be at $20,000 at the end of the year. Nobody expected this kind of inflation and many were surprised. The best thing to do right now is to buy even if its value is too high because btc will keep surprising us in terms of its volatility. |
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speem28
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December 13, 2017, 04:36:06 PM |
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They just don't believe how fast the price has changed ever since the start of the year 2017 when it is merely just $1000 per bitcoin. That is why they are being too skeptical about bitcoin. The volatility of bitcoin is what concerns them because they don't want to see a whipsaw movements in their portfolios. They always say that we should invest only the amount that we feel are okay with losing, so even if we risk it, it will still have not much impact on us.
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