The incoming BTC crash

[McQuant]

To the Moon: A History of Bitcoin Price Manipulation

 

[0FXTrader0]

BTC crashing upward again! The everything bubble is alive and well.

 

[0FXTrader0]

 

[0FXTrader0]

BTC steady even after the FED turn. Apparently it will end the yrs value as a entry level lambo if you believe the hype.

 

[0FXTrader0]

 

[Henow1969]

Is there still a possibility the price of bitcoin can decrease to 10k?

 

[WalletInvestor]

Is there still a possibility the price of bitcoin can decrease to 10k?

I wouldn't say it's completely impossible, but in my opinion it is very unlikely that it will go that low.

 

[0FXTrader0]

10k would be a death dip for the coin

 

[peto]

10k is my buy price. Looks achievable on a log chart.

 

[kevinberry]

I agree! The crash already happened and it was so major that bitcoin is still struggling to return to its original value.

 

[Jacob.FX]

I agree! The crash already happened and it was so major that bitcoin is still struggling to return to its original value.

What is his original value?

 

[McQuant]

There is no such thing as value in crypto world. Price of the coins is backed only by herd's hopes and believes.

 

[MasterOfCoin]

There is no such thing as value in crypto world. Price of the coins is backed only by herd's hopes and believes.

Price is determined by only market transactions, as it should be.

Those who speculate on the swings of an unregulated market that can't be manipulated at the whim or behest of politicians do so at their peril.

Use cryptocurrency and free the world.

 

[McQuant]

Price is determined by only market transactions, as it should be.

Those who speculate on the swings of an unregulated market that can't be manipulated at the whim or behest of politicians do so at their peril.

Use cryptocurrency and free the world.

Price and Value are two completely different things.

 

[MasterOfCoin]

Price and Value are two completely different things.

Agreed.

I didn't comment on the value, only on how the price is determined by the network.

 

[IceThor]

Where will it go from here?

 

[McQuant]

Where will it go from here?

Anywhere

 

[MasterOfCoin]

With an ever-increasing active user base in Asia, Africa, India and Latin America, it's certainly not going away.
In fact, it's well down the road to becoming the world's most-used currency.

And that's despite the concerted efforts of the entrenched central banks to prevent it from becoming so.

It's 'value' will stabilize at some point, but expect continued wild fluctuations until then.

 

[kevinberry]

Still in a dilemma of whether to hold or to cash out my btc holdings. Is there a possibility for it to move positively?

 

[MasterOfCoin]

Still in a dilemma of whether to hold or to cash out my btc holdings. Is there a possibility for it to move positively?

Very much so, if more Latin countries adopt it as legal tender or fiat inflation continues to rocket.

🎢