Post
Topic
Board Economics
Re: Possible big Crash coming within 10 days
by
Xavofat
on 30/05/2017, 19:30:30 UTC
I think and I am predicting that a BIG CRASH is coming within the next 10 days.  

Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.

Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.

Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.

So becareful and sell as soon as possible, before the boat sinks.

I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.

What kind of crash? It's already 4 days, we are waiting for your prediction, whether it will come true or just misleading information.
Bitcoin price still fluctuate and stay at $2000 level right now, don't know whether it will recover soon or continue to decline.
Recent price at ATH is so tempting for people extract more money from sell their bitcoin, people don't want to regret miss that chance, that's why correction happen imo.

Me, I wouldn't be overly pesky about that

Bitcoin did correct, and it corrected big time in fact (right after the OP started this thread at that). As a conspiracy theory, he might be the dude who started this correction by selling a few coins here and there. Anyway, the correction may not be over yet, and what we see now can be either a consolidation phase or a sort of dead cat bounce, and we may continue to spiral down to, say, 1,200 dollars per coin. Would that count as a big crash?
It would, but it's not going to happen.  The value is pretty stable and has actually had a breakout upwards again now.

It's great that there was a big correction.  If anything, it makes me feel more secure about the way that the Bitcoin value is going.