Quote from: musliyevich on December 15, 2017, 05:04:45 PM

Quote from: SL18 on December 14, 2017, 09:10:47 PM

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...

back from 17,000$ to 1,000$ is not correction will be end of bitcoin and can happen in long term like many bubble.

now many investors believe in bitcoin and impossible crash happen

Actually, that's very close to the percentage losses from the 2011 correction. Personally, given the level of global adoption we are seeing and Bitcoin's incredibly limited supply, I don't think it's possible. But it wouldn't be the end of Bitcoin. At this point, I believe even an existential protocol flaw could be overcome with a hard fork and investor confidence would likely return.

If everyone collectively believes a crash can't happen, it virtually guarantees a crash because no buyers are left. This is classic sentiment reading. The problem is, where does this equilibrium occur --- $18,000? $25,000? $100,000? At some point, the pendulum will swing back, but it's impossible to know when. That's why you never short a bitcoin bull market.