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Author Topic: Will it crash in the next few days?  (Read 1724 times)
PolarBlue (OP)
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December 08, 2017, 10:28:24 AM
 #1

I've been pulling my hair out trying to 'cash out'. My transaction has been stuck for 12 hours and I've already lost a good deal of cash waiting for it to go through.

If I drops rapidly over the next few days, I'm going to lose my mind.
no0dlepunk
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December 08, 2017, 10:31:38 AM
 #2

Nah, I don't think so. I've been waiting for some dips after that $10,000 mark but it's already $16,000 and I still haven't seen my entry point. Anyway, which exchange are you at? I haven't encountered any issues at cashing out.
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December 08, 2017, 10:32:47 AM
 #3

It will not crash but I think it will be slightly decreased in next few days. It is usually happen  Grin Grin
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December 08, 2017, 10:35:25 AM
 #4

Where should I short BTC in current market scenario?
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December 08, 2017, 10:35:38 AM
 #5

It may or may not crash, but the amount it holds for you currently in your coins will surely change with the change in its value. That's one of the most heart-throbbing concerns that even I want to get resolved. Because with the rise, difficulties for the network to push "almost all" transactions has risen too as well as it's nevertheless a worst scenario being built in the history of bitcoins where, what we wanted from it is not being delivered. The value still looks to rise but a rebound is possible before the same, as forks are coming in like they are in for a quick buck.

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PolarBlue (OP)
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December 08, 2017, 10:36:02 AM
 #6

I sent from my Ledger to Coinbase. My fee was too small I think. I need to just stop thinking about Bitcoin for the next few days because this is just stressing me out.
ironm@n
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December 08, 2017, 10:39:57 AM
 #7

I would not say a crash, but a correction. There is still room for posterior upward movements.
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December 08, 2017, 10:42:25 AM
 #8

I sent from my Ledger to Coinbase. My fee was too small I think. I need to just stop thinking about Bitcoin for the next few days because this is just stressing me out.

Even I sent more than 5 USD in fee but I believe that the miners are not satisfied with such fee or it may not be sufficient in their views (while watching others paying more than $10-15 and some even $150-200 in some transactions with a hope to get accepted in the next block). I saw that bitcoinfees recommends 460 sats/byte to get our transaction confirmed way before those who think they may get theirs taken in the block with just 40-100 sats/byte. I would really urge the miners to set up a committee and decide on adjusting the rates they are asking to confirm our transactions.  Undecided

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blockman
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December 08, 2017, 10:48:18 AM
 #9

I've been pulling my hair out trying to 'cash out'. My transaction has been stuck for 12 hours and I've already lost a good deal of cash waiting for it to go through.
Why did you cashed out? It's better if you waited for so long so that you can enjoy the higher price of bitcoin. Transactions are slow now, I mean the confirmation because of the network is experiencing a massive traffic for there is a volume of it coming from those people that wants to enter bitcoin.

If I drops rapidly over the next few days, I'm going to lose my mind.
Don't be paranoid! Bitcoin looks to be stable at $15,000+ so you have to calm your mind and if much possible increase the fee you made, bump the fee.

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uslfd
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December 08, 2017, 10:52:05 AM
 #10

I hope it crashes, sseriously.
The rise has been to much, too quickly last few days it's not healthy.
We need a stable and slow increase to the moon

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worldofcoins
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December 08, 2017, 10:53:32 AM
 #11

I hope it crashes, sseriously.
The rise has been to much, too quickly last few days it's not healthy.
We need a stable and slow increase to the moon

right now it is stabilized for a few hours or so I expect to see $17,000 to $20,000 in a week. I want to take those cheap coins people are exchanging.

you guys wanna pull out, good let me buy those cheap bitcoins, let the prices fall.  I want them cheap coins,  I will get ready for 20k rally.  I hope you guys dont feel bad when you say damn I Pulled out too early, price will be 30k btc. I know how to get out my bitcoins out faster as well but I wont share this secret,  I rather you guys let me dump first when the time is right
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December 08, 2017, 10:54:12 AM
 #12

To put this in context, Fortune offers a closer look at this month’s crash and four other major price shocks-as well as likely explanations for all of them. Taken together, this account can provide some insight into why bitcoin is so volatile, and whether it can survive in the long run.
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December 08, 2017, 10:54:51 AM
 #13

I don’t think bitcoin will crash anytime soon, maybe there will be some corrections but will not drop as much as $1,000 in value, I think the recent price increase is still normal as it gain more popularity as an investment platform. I believe that bitcoin is worth more and will continue to grow in the years to come.

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December 08, 2017, 10:56:37 AM
 #14

I won't crash but yeah it might go down within few days. The downward movement might be temporary, and I am very sure that it will not be permanent. I had many cash outs and transfers within these few days, and to my goodness all of the transactions were successful and they took around 2-4 hours, but the fee was very high. The fee for 190$ transfer was around 20$, and that is kind of insane to me. But I had no other choice and that's why I paid the fee.
Which wallet you used to cash out? Was it an exchange wallet or a simple wallet? Well, I used an exchange wallet and I also used the wallet of localbitcoins, and both of them were really fast for me.

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December 08, 2017, 10:58:42 AM
 #15

I don't think so. I mean big speculations around Bitcoin will get it fluff in value. That's an issue of human greed. Stocks overheated those days, that means they may spread panic around Bitcoin also. But when the stock market bubble bursts its wave will cover Bitcoin and other alt-coins. Some of the alt-coins will deaseaper (useless or scam) and it's ok because Bitcoin and other true alt-coin projects will prosper more than ever. I hope that will happen one day because of cryptos as technology more even valuable than just our human greed and desire to make a lot of money.
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December 08, 2017, 11:00:34 AM
 #16

I think to the listing date on CME BTC will rise. After the future listingeverythings possible. But you hear more every day in media about bitcoin, and more and more people want to buy one. So i dont think that theres an crash in the next days.
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December 08, 2017, 11:02:33 AM
 #17

Let's all wish what's happening right now is not a crash but rather just a correction. This past few weeks, I am just starting to value the real essence of holding and as of now I still believe it is not a crash so I think bitcoin price will soon rise again. Let's all be don't afraid to hold, and just learn to wait, trust me, you will regret it if you cash it out.

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December 08, 2017, 11:02:39 AM
 #18

Maybe.
We dont know what could happen.
Just always be ready when it did.
Or you could just hold it a little bit longer and wait for it to gain its price again.
Aint that the better choice than stressing it out.
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December 08, 2017, 11:05:49 AM
 #19

The blockchain is overloaded that's why our transactions are super slow. Don't worry if the price drops for it will rise again.

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December 08, 2017, 11:06:10 AM
 #20

There will be some corrections till the end of the year, I wouldn't say it will crash.
And then in 2018 I think there will be a crash, but no idea if it'll be when it is 20k or 50k.

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