Bitcoin is about to collapse this week

[DanieIssac]

If the writer of the article believes this to happen, he will not have enough time to write these lines, but must hurry to sell his bitcoins right away.

[talkbitcoin]

... spreading this fear

Please don't spread the fear in this forum ....

i disagree because a comment like this on this forum is not going to change anything so it is not really "spreading fear". and OP is just wasting his time if that was really his intentions.

ps. trading volume is still in millions of dollars on each bitcoin exchange!

[gudjhonson]

Is this your way to make people panic?
What are the advantages for you?
Hmm ... actions that are not good, but that's what it does, just hoping that bitcoin will give you better value than you expected.

[s1191988]

Bitcoin payments are processed through a private network of computers linked through a shared program. Each transaction is simultaneously recorded in a "blockchain" on each computer that updates and informs all accounts.
The advantages are: User Anonymity, No Third-party Interruptions, Purchases Are Not Taxed, Very Low Transaction Fees. I believe it's not going to collapse yet, I don't know...

[bellamente]

Wow. Do you intend to introduce panic to the market?

I think that this newcomer just wants to buy cryptocurrency cheaper than now.

I suggest the possibility of a temporary fall, then growth will begin

[kiansantan]

That makes no sense about the collapse of bitcoin. Bitcoin volatility in the last few days of bitcoin has stabilized which is why you can see a low bar in the graph.

[novokovskitve]

the dude decided to dilute the forum a little with his humorous topic) how can you say that bitcoin will collapse this week ... will be excused.

[Callanta787]

Everything seem normal to me right now but if bitcoin falls further I'm staying strong still,I will keep buying more coins and moreover if any bullrun are to occur won't Btc drop in value first?

[elisabetheva]

instead of not believing in what you say, everything can happen but indeed we also have to know that in a few weeks bitcoin is in a fairly stable state and I can't just believe it with an assumption not from reliable data, let alone bitcoin already recognized and used to experience things like this, so there's no need to panic

[BabyBoss]

check out the, volume and MACD trends.Volume is dipping very very rapidly .....its over guys... get out while you can ....

Well, About it there is big possibilities that Bitcoin will crash more this month and next month. Will see soon in the 1st week of December if there will be possible raise of market.

[aad140386]

I also do not quite understand the meaning of your post and what it is based on. It seems to me that now Bitcoin is in a narrowing triangle and the exit from it should be rather impulsive, but why did you decide that Bitcoin will go down? Volumes are always falling before leaving the triangle. This is a common occurrence. It seems to me that now the situation is more likely to have growth rather than fall.

[1Referee]

the dude decided to dilute the forum a little with his humorous topic) how can you say that bitcoin will collapse this week ... will be excused.

When troll bears decide it's more important to create a thread than to actually short the market in order to back up their claims, you know that they aren't serious.

I like it though, it's always fun reading through these threads with how people immediately get triggered to respond in an opposing manner.

I think that this newcomer just wants to buy cryptocurrency cheaper than now.

How? Just think about it, if thousands of members here want the price to go up but don't get what they want, how is one single 'bear' going to get the price to decrease?

[Kaznachej123]

Everything seem normal to me right now but if bitcoin falls further I'm staying strong still,I will keep buying more coins and moreover if any bullrun are to occur won't Btc drop in value first?

    This is the most bullish ‘this week in crypto’ of 2018! However these institutional investors seem to be waiting for the bull to be in full flow before piling in!   Last year the prices jumped like a cat on any good news.

[harizen]

Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.

Since you made your own some analyzations, then so be it. I can't see it as FUD too because that's your own view. No way others can changed your point of view.

But let's make your speculation into something fun.

Want to bet a little BTC0.01 against me? If Bitcoin price will reached below $5,500 10 days from now (Nov. , you won. If not, I won. Let's put in escrow. Backup your stand if you are really sure on that. You can silenced all your critics once it happened. I will wait for your answer.

[bittraffic]

I thought this dip is the result of  the Canadian Exchange that was hacked. The exchange claimed all the funds were all gone, I have no idea the hacker had gone into that deep to withdraw all.  I was able to read this news just today and few hours soon this sharp decline of value happen. These hackers are good that all the security measures they did for their exchange were by passed.

[Initscri]

Please don't double post, quote within 1 post. It just creates spam on the forum. You should probably edit your previous post.

Don't know how you're planning on benefiting by spreading this fear, but the VOL looks pretty normal/standard to me: https://imgur.com/a/rwT2l4v

Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)

you seriously dont find that odd??

Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.

But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.

I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.

Stability at better USD/BTC value and good volume would have been a good sign .... but right-now its exactly the opposite ....

Yeah... lets meet in 10 days

For sure, we'll touch base in 10 days. What percentage do you believe BTC is going to crash? If you were to speculate a percentage..

Touching back 8/9 days later. Haven't noticed a crash as of yet.

Like I said, this is purely just fear.

I thought this dip is the result of  the Canadian Exchange that was hacked. The exchange claimed all the funds were all gone, I have no idea the hacker had gone into that deep to withdraw all.  I was able to read this news just today and few hours soon this sharp decline of value happen. These hackers are good that all the security measures they did for their exchange were by passed.

Which Canadian exchange are you speaking of? Only one I'm knowledgeable about is QuadrigaCX which wasn't hacked, but had a large percentage  of their funds frozen by CIBC.

[bigtitsmomma]

Please don't double post, quote within 1 post. It just creates spam on the forum. You should probably edit your previous post.

Don't know how you're planning on benefiting by spreading this fear, but the VOL looks pretty normal/standard to me: https://imgur.com/a/rwT2l4v

Volume is continuously below 4b for last many days... this hasn't happened in last 1 years (i.e. vol below 4b for many days)

you seriously dont find that odd??

Meet me here again when BTC is below 5.5k in 10 days .... and that is a very very conservative prediction... its gonna be worse.

But it's exactly that, a prediction. The volume has been lower before, and hasn't followed your prediction going forward. Markets are complicated, and anyone who states they 100% know the future of Bitcoin (or stocks, etc) are lying.

I'll touch base in 10 days and see what happens. I just think it's harsh to believe that BTC is going to crash simply due to a slightly lower amount of volume since 1 year ago. Bitcoin has been showing stability in the last bit, which IMO is important. A period with less volatility could be beneficial for Bitcoin.

Stability at better USD/BTC value and good volume would have been a good sign .... but right-now its exactly the opposite ....

Yeah... lets meet in 10 days

For sure, we'll touch base in 10 days. What percentage do you believe BTC is going to crash? If you were to speculate a percentage..

Touching back 8/9 days later. Haven't noticed a crash as of yet.

Like I said, this is purely just fear.

I thought this dip is the result of  the Canadian Exchange that was hacked. The exchange claimed all the funds were all gone, I have no idea the hacker had gone into that deep to withdraw all.  I was able to read this news just today and few hours soon this sharp decline of value happen. These hackers are good that all the security measures they did for their exchange were by passed.

Which Canadian exchange are you speaking of? Only one I'm knowledgeable about is QuadrigaCX which wasn't hacked, but had a large percentage  of their funds frozen by CIBC.

Yes you got me here .... I was wrong .... but still I am convinced once BTC breaks off that downward triangle ... it will go down the drain.

[omonuyak]

check out the, volume and MACD trends.Volume is dipping very very rapidly .....its over guys... get out while you can ....

I believe that you created this thread in other to create FOMO or makes people to sell out of panic.  MacD is not absolute and you should always use candlestick indicators or formations to get a wider view of the market.  I don't even depend on volumes to make investments decision but I have to confirm with others indicators. 
Since you created this thread you will also find out that for the past 10 days bitcoin has been appreciating and therefore, I encourage you to buy now.

[TravelMug]

Once again, it was proven that charts alone is not a good indication to predict the price movement. And this last 10 days for the time the OP open his thread, the price is really stable or shall we say trading sideways with minimal movement whatsoever.

The market is all green today, but there's no break-out but just re-testing some support levels. Are we talking about the Canadian exchange MapleChange hacked? But that news didn't put a significant dent on the price though.

[PhilPrime]

Once again, it was proven that charts alone is not a good indication to predict the price movement. And this last 10 days for the time the OP open his thread, the price is really stable or shall we say trading sideways with minimal movement whatsoever.

The market is all green today, but there's no break-out but just re-testing some support levels. Are we talking about the Canadian exchange MapleChange hacked? But that news didn't put a significant dent on the price though.

There no news that affecting bitcoin chart at this time, that news even China news, it's been rough to thinh what possibly news can escalate the price again.