Bitcoin correction

[SL18]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

[saycryptohello]

Nobody will undertake to make such a forecast, and no one knows. Rather now, indeed, many expect a correction for the buy

[MiningSensei]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash? I'm not saying go to 1,000$ but crash back to 10k?

And tell me, why do you think that it will crash? do you think that there are real facts to think about of why it should go back to $10000?

The same happened a few months ago when it went from $500 to $1000, it took a long time, but it did.

And a lot of people were saying; oh no, this is pure fomo, it will crash down to $500 again because a lot of blind investors are in there..

This is fake, it will not retrace back, just keep watching it going up.

[kingkrug]

LATEST NEWS : The rise of the Bitcoin disregarded Jordan’s statements and Denmark’s determination to tax capital gains on its trades

http://kingkrug.com/the-rise-of-the-bitcoin-disregarded-jordans-statements-and-denmarks-determination-to-tax-capital-gains-on-its-trades/

#CRYPTOCURRENCY #BITCOIN #ETHEREUM #BLOCKCHAIN #BTC #INVESTMENT#ETH #IOTA #BCH #XRP #MINNING

[SL18]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash? I'm not saying go to 1,000$ but crash back to 10k?

And tell me, why do you think that it will crash? do you think that there are real facts to think about of why it should go back to $10000?

The same happened a few months ago when it went from $500 to $1000, it took a long time, but it did.

And a lot of people were saying; oh no, this is pure fomo, it will crash down to $500 again because a lot of blind investors are in there..

This is fake, it will not retrace back, just keep watching it going up.

I mean I can see it crash because of all that blind money that came in... with some market manipulation and bringing the price down to say 14,000 everyone who jumped on the train at 17k or 16k might leave when they see it happening and it might go back down even more.

But then again last time BTC really crashed, it had a ''good'' reason it was all that FUD with China... and next thing you know it went from 3k to 17k.

So yea... obviously I don't know the answer and neither do you but yea...

[dead_m92]

If we talk about facts, then you are right because there is no reason to have bitcoin over seventeen thousand dollars, this is a huge number and no one knew that it was going to touch these levels.

I mean I can see it crash because of all that blind money that came in... with some market manipulation and bringing the price down to say 14,000 everyone who jumped on the train at 17k or 16k might leave when they

It only dropped because there were a lot of fud on this forum, and everywhere, i think that it was just a marketing campaign to stop buying bitcoins.

Even in my country there were some warnings from TV programs saying "do not buy bitcoin because it will crash"

But then again last time BTC really crashed, it had a ''good'' reason it was all that FUD with China... and next thing you know it went from 3k to 17k.

[SL18]

If we talk about facts, then you are right because there is no reason to have bitcoin over seventeen thousand dollars, this is a huge number and no one knew that it was going to touch these levels.

I mean I can see it crash because of all that blind money that came in... with some market manipulation and bringing the price down to say 14,000 everyone who jumped on the train at 17k or 16k might leave when they

It only dropped because there were a lot of fud on this forum, and everywhere, i think that it was just a marketing campaign to stop buying bitcoins.

Even in my country there were some warnings from TV programs saying "do not buy bitcoin because it will crash"

But then again last time BTC really crashed, it had a ''good'' reason it was all that FUD with China... and next thing you know it went from 3k to 17k.

Yea that's why I could see either of these vary basic scenario happening. But then again i think it will come back to 17k eventually so I think it a big gamble to think it will drop and buy back.

[Crafts12]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Yes it is possible that bitcoin will experience being crash. Not all the time bitcoin's price will increase. Bitcoin also experience ups and downs just like in investing, you will not always be successful, sometimes you may lose a lot of money. But if bitcoin' price will crash, i think it will not crash too much and it will make sure to do everything to get back on track. Many people are hoping for the price of bitcoin to continuously increase. Some people will eventually quit when bitcoin experience crash which is wrong because crash is inevitable not only in bitcoin but also to all other cryptocurrencies.

[SL18]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Yes it is possible that bitcoin will experience being crash. Not all the time bitcoin's price will increase. Bitcoin also experience ups and downs just like in investing, you will not always be successful, sometimes you may lose a lot of money. But if bitcoin' price will crash, i think it will not crash too much and it will make sure to do everything to get back on track. Many people are hoping for the price of bitcoin to continuously increase. Some people will eventually quit when bitcoin experience crash which is wrong because crash is inevitable not only in bitcoin but also to all other cryptocurrencies.

Yes and unless there is a major news, it won't crash for nothing... it will eventually go back up..

So I think converting to fiat to hope for a dip and buy back would be a mistake

[bitvalak]

maybe a new investment will feel the fear of prices will drop, but for the old players it is not a scary thing because they basically know where bitcoin prices will go. I think for those who are just investing in confusion because they are investing because they see bitcoin prices soaring without knowing aspects beyond the bitcoin price.

[tomahawk9]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

The massive increase in the price happened last week, and with it, the correction. We went close to 19k and then last weekend the price went down to 13k-14k (that's $5000 difference).
We won't see 10k again unless a big crash happens (a 40% decrease in the price), which is very unlikely. I'd say the new floor is around the 16k mark (the price has been pretty stable at that price since monday) so from now on we can only expect to see the price going up/down with the usual fluctuation.
But worst case sceneraio, it goes down to 10k...so? that would be the perfect time to buy cheap coins before it jumps back to normal.

[hase0278]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

The massive increase in the price happened last week, and with it, the correction. We went close to 19k and then last weekend the price went down to 13k-14k (that's $5000 difference).
We won't see 10k again unless a big crash happens (a 40% decrease in the price), which is very unlikely. I'd say the new floor is around the 16k mark (the price has been pretty stable at that price since monday) so from now on we can only expect to see the price going up/down with the usual fluctuation.
But worst case sceneraio, it goes down to 10k...so? that would be the perfect time to buy cheap coins before it jumps back to normal.

16k$ mark is not the floor price yet. I am sure that at some point it will go down lower than that price. 10k$ also is not the worst case scenario. I think the worst case scenario is that bitcoin will fall back to 6000$ but it is very unlikely to happen this year. I am sure though that like you said, if it evrf happens it would be the perfect opportunity to buy cheap btc before jumping back to normal. For now let's just wait for the end of the year maybe I am wrong and it is possible that price will go down before this year ends.

[MiningSensei]

I mean I can see it crash because of all that blind money that came in... with some market manipulation and bringing the price down to say 14,000 everyone who jumped on the train at 17k or 16k might leave when they see it happening and it might go back down even more.

I saw that you quoted my reply, let me tell you that everybody who has invested money in bitcoin during the last few months are just in here for making money by the most easy way..

Even my grand mother asked me a few days ago for bitcoin, maybe they all are blinded for money, or maybe they "really" want to take advantage and just put money in here because they want to leave the actual monetary system.

The only thing that i see that you are right, is that probably not even 1 of 10 people in here are just holding cryptos to use their features, they are just taking care of the returns and the profits, nothing more.

[DaMut]

I mean I can see it crash because of all that blind money that came in... with some market manipulation and bringing the price down to say 14,000 everyone who jumped on the train at 17k or 16k might leave when they see it happening and it might go back down even more.

I saw that you quoted my reply, let me tell you that everybody who has invested money in bitcoin during the last few months are just in here for making money by the most easy way..

Even my grand mother asked me a few days ago for bitcoin, maybe they all are blinded for money, or maybe they "really" want to take advantage and just put money in here because they want to leave the actual monetary system.

The only thing that i see that you are right, is that probably not even 1 of 10 people in here are just holding cryptos to use their features, they are just taking care of the returns and the profits, nothing more.

yep indeed it's the most easy way to make money because Bitcoin price steadily increase,
but bear it in your mind that the price that we're current have were pure manipulation.
what i am talking about is,right now the expenses that we need to make or to solve the block around $5000++ (average price).
in other words,the price pumped 3x times from miners expenses.
do not you think it's a high return for them ?
do not you think they do not want to encash their holding to pay their expenses and for their profit at the same time .
also uncertainty that we currently faced make it even worst.
at least until the news about the listing on Dec 18 the price will be dumped a little bit or we will see a correction a week before the end of the year.
well,everything can be happen with it and it's all based on my observation.
nobody know about the future,and all that we can do is hopping for the best

[jc89]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

A crash's probability would be at its minimum this time. There are no news that would trigger this. I believe there are no signs either.
If we could notice on the Bitcoin's graph, after reaching 17k, it went down to 15k level and began climbing again after that. Bitcoin stays at the 16k level for a while and is not having any significant drops since then. So it is safe to say that Bitcoin is somehow stabilizing at the moment. Bitcoin might drop but will not go under 13k.

[eaLiTy]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?
I'm not saying go to 1,000$ but crash back to 10k?

We wont see any big crash for now as there are many investors now in bitcoin ,but we will see a good correction by 2018 and it all depends upon how people are going to react when there is a small correction,if there is a massive panic ,then the crash will be huge,earlier we used to see those falls but now whenever there is a correction people are purchasing it,eager to see how long it lasts.

[machinek20]

There will be a correction, but bitcoin is not crashing, the correction effect wont be too severe until making bitcoin going down to 10k, we all  have the fear that bitcoin price going to have a big correction, but bitcoin still in a strong ground, so although it go down it will coming back again

[iram1011]

What I am seeing is a stable price that indicates no further massive correction. Money is flowing in large cap altcoins that shows bitcoin will stay stable for longer. I saw a surge in volume of ETH, BCC & XRP along with LTC & DASH just a time ago. Altcoins see such growth only when bitcoin is expected to be stable and in both the other case (bear or bull), altcoins die. So, I believe it is a healthy market and there is no massive correction coming.

[Drixy]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Just for now if your planning to sell your bitcoin nows not the right time it is so risky considering the ups and downs. Who knows it might get bigger at the end of the year. Stay positive dont sell your bitcoins yet. But it yOu wan to invest now is the right time look for the lowest price and quickly buy it for about $16000 is the least minimum value of it . If it get that low thats your chance to buy it.

[exstasie]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

Bitcoin is known for its volatile price dips, so I certainly wouldn't be surprised. Also, Masterluc predicts a retest of the $10k area, and his track record speaks for itself. Whether that price target comes before or after new all-time highs is an open question, though. Sentiment is also hyper-bullish. I have noticed that top calls in my Twitter feed are virtually non-existent anymore. It's during these times when everyone is bullish that a big shakeout often happens because everyone is long.

That said, I wouldn't short this beast. The uptrend is incredibly strong. Any drop is a buying opportunity, not a shorting opportunity.