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Author Topic: What happens to crypto in a crash?  (Read 367 times)
damberg
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October 10, 2018, 01:22:10 PM
 #21

Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.


If you define crash as a sharp decline in Bitcoin price then yes, it can happen. Considering where the market is sitting here, seemingly insignificant breakout below $5800 could bring "blood to the streets" (read it as a sudden and very sharp slump driven with fear among BTC holders).
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October 10, 2018, 02:25:27 PM
 #22

I think when cryptos are crashing it will separate good crypto from bad crypto. Only those crypto that can stand the big crashed will remain in the market.

we see which crypto will be destroyed first, but if for me personally, I am sure that the good crypto will remain standing, and that the bad crypto will eventually collapse and surrender.
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October 10, 2018, 02:38:54 PM
 #23

This actually increases the chances that a strong bull run is ahead, all this happening is not for nothing

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October 10, 2018, 03:00:24 PM
 #24

Who knows who is right? I think we should be prepared for everything. Crash maybe will affect the crypto but not so hard I think. It will mostly hit the fiat money I guess.
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October 10, 2018, 05:47:06 PM
 #25

You know what, they are always predicting a crypto crush sooner or later but it is clear that the bears are having hard time to break below $6000 for a long time now. How can you expect a crypto crush if there is always a high demand for bitcoin when the price reach at $6200? Remember, there is always a bullish sign every last quarter of the year.
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October 10, 2018, 05:54:13 PM
 #26

Let's wait till the end of december . I think we should be back somewhere at 15-20k . If not maybe in the summer of 2019 we will be back
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October 10, 2018, 06:46:53 PM
 #27

Well, to get an answer to this question we really have to see the situation with our own eyes. There are NO Bitcoin/Cryptocurrency specialists who can say things like how BTC or altcoins will start a massive bullrun or crash even lower, they are just making wild guesses. And yes, sometimes they indeed hit the nail.

If we crash, we crash - what you gonna do?

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October 10, 2018, 07:20:29 PM
 #28

There are so many discussions about the end of the year the market will pump, but that is not necessarily the truth so we only need to see and wait for what will happen next because the market situation is truly unpredictable.

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October 10, 2018, 08:18:02 PM
 #29

I reckon if the economy crashes you will see a huge spike in crypto volume, people will seek alternative markets to store their cash. Of course this will affect all market not just this tiny crypto market

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October 10, 2018, 09:43:43 PM
 #30

Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.

If you already know if it is only matter of time, we know that we can't always keep to hang our life in it. With crypto, we must know how to get profit as side job and make that profit to be something that useful in real life.

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GordoLui (OP)
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October 10, 2018, 10:06:10 PM
 #31

Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.

You are talking about crash on the market, not only on the cryptomarket right?
Well, this could help cryptocurrencies a lot if people find out that cryptocurrencies are safe way how to protect your money before crysis.

Yes i should have been more specific and said fiat crash. The banks failing again. I guess that could make a stronger case for crypto or something physical like gold and silver.
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October 10, 2018, 10:24:55 PM
 #32

Who knows who is right? I think we should be prepared for everything. Crash maybe will affect the crypto but not so hard I think. It will mostly hit the fiat money I guess.

Yeah i guess we should really prepare for the worst. Im just not feeling all that positive looking into the future. The collapse in 2008 really hit people hard in a lot of cases people still havent fully recovered from that event. Another crash of similar magnitude or worse, will for sure change the world.

As for the effects on crypto? People here have said it might make them more willing to make the switch.
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October 10, 2018, 10:46:32 PM
 #33

This actually increases the chances that a strong bull run is ahead, all this happening is not for nothing
Like those years where the market crashed for a very long time and what happened next? it went to a bull run and reached the highest that it can. This year seem to be slow but that's it, there's a reason why the market moves slowly to the point that we don't like it.

Institutional money hasn't come in so wait for them to come, the market has been squeezed and profit sharers took their money for a while. And while we're on the dip they just did what they practice and that is buying while its on the dip. Bull run seems to be slow and hasn't showed itself but it will show signs soon.

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October 10, 2018, 11:16:21 PM
 #34

When people realize the bank and Fiat market crash then some of them will go to crypto, so it maybe beneficial for crypto if the bank crash down, but it depends on numerous factors whether people will jump to crypto or not, but if the crash is hard I am sure a lot of people will find alternative to invest


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October 11, 2018, 07:21:06 AM
 #35

Did you know that you can still make money by take the opportunity of the crashing price and buy at a very low price and sell when the market appreciate.  Economically the bullish trend is good but the bears give us opportunity to buy at cheap price.
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October 11, 2018, 04:57:52 PM
 #36

really ? last news i read tweet from bitcoin expert who have over 200k followers says
that btc will go up and up, we are on bottom zone now
so pump expected
Crypto crashing does not necessarily mean bitcoin crashing.

Trust me, you do not want to see what would happen to the altcoins when bitcoin starts a bull run and I wonder why you guys tend to pay so much attention on social media anyway, it is not like they can tell you categorically what would be happening exactly.

Nevertheless, I believe we will definitely tend to see a huge crash for the altcoins pretty soon and the thing that happens is that, it is usually the time, when some are tagged with a R.I.P sign as there is no way the project would be able to get out of it afterwards. Like someone said, it is more like seeing the space being cleaned up.
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October 11, 2018, 05:50:33 PM
 #37

Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.


-I'm talking about a crash on the banks and fiat and the effects it will have on crypto. Which now that i'm thinking more about could be very beneficial to crypto. I'm still not sure how things will turn out, but I'm now going on the side of uncertainty than just doom.
I am not sure what you are referring to as a crash, but whichever way you want to put it, most of the things that happens in a crash most of the time, is to just see the shit coins paving the way in the market and never recovering afterwards. A crash does not just happen as something would possibly have to instigate it, but whichever way it is, I know it is bound to happen at some point and even though some may not see it as a crash, but just a normal downtrend and take advantage of it to buy the dips of projects with prospect, I believe it would be something that would help clean the space hugely.
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October 11, 2018, 05:58:35 PM
 #38

Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.

-I'm talking about a crash on the banks and fiat and the effects it will have on crypto. Which now that i'm thinking more about could be very beneficial to crypto. I'm still not sure how things will turn out, but I'm now going on the side of uncertainty than just doom.
If it does so crypto should be a safe harbour becaus crypto should be opponent to Fiat money like banks and fonds. Also can it seen a a different type of gold, gold always was good during crisis.

Let's tame all shitcoins!
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October 11, 2018, 06:06:13 PM
 #39

Did you know that you can still make money by take the opportunity of the crashing price and buy at a very low price and sell when the market appreciate.  Economically the bullish trend is good but the bears give us opportunity to buy at cheap price.
This year always maintain a bearish market so opportunity is increase in entire crypto platform. But I do not consider it was a good move in crypto market because continuously falling in this year so many investors are stop the crypto investment and hold  for long term investment. I also supporting to long term relationship in crypto so crashes are just common fluctuation in crypto market.
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October 11, 2018, 06:47:35 PM
 #40

We’ll see the real crash after hacking binance or after finding out that a tether is not backed by real money.
I agree with the author of this topic. The collapse was in all markets, I think that this market is no exception.
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