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Topic: Apocalypse BTC! How low will it go? - page 2. (Read 549 times)

sr. member
Activity: 1400
Merit: 347
January 31, 2018, 07:02:17 AM
#17
I voted $4000. Dont want it, but we need to be realistic.

Market is being manipulated. They want your coins. Who are they? It can be anything: the old whales, the funds betting on futures, the banksters. But they just want it. They dont want bitcoin to succeed as a currency, only to turn rich at the expense of others.

The good thing is that this will pass. Every january the market crashes. And the recovery is always around march and april. They will run out of coins sooner or later.

We will be back on track. If you are long-term, theres no need to panic.

sr. member
Activity: 1624
Merit: 250
January 31, 2018, 06:22:50 AM
#16
I think this is buy time for bitcoins because it is crypto world and the bear  market often repeats it's cycle with  this method. In few days after you will see all the price will be green but the price you can afford will be hell lot than your savings  Wink. When you see all market indicators turned to  red you must think ' I must buy all cryptocoins ' because its time to buy not sell.
hero member
Activity: 770
Merit: 629
January 31, 2018, 05:11:48 AM
#15
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad


2011: run up x 300 (from $0.1 to $30) and crash down to $3  /10

2013: run up x 400 (from $3 to $1200) and crash down to $200 /6 in 2015

2017: run up x100 (from $200 to $20 000) and crash down to ? 

/10 ?  /6 ?  /4 ? 

The run up was less violent, true.  It could go down /10 down to $2000, but I think it will end somewhat higher.
hero member
Activity: 980
Merit: 500
January 31, 2018, 04:56:53 AM
#14
Hate Rainbows so I will go to the $8000 mark value, for me it will not end here, And dropping to the $8000 mark will be the best choice we can get I really think it is a safe to say bottom for the price of bitcoin, This poll doesn't need to put up a prize of $5000 below it will be absurd for bitcoin to go down that value.
legendary
Activity: 1652
Merit: 1265
January 31, 2018, 03:17:52 AM
#13
10k is here to stay Smiley
hero member
Activity: 1526
Merit: 596
January 31, 2018, 02:52:16 AM
#12
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad


I still think that as long as this current bearish market continues, there is going to be a few days that you'll see 4 digit bitcoin prices. The lowest I can foresee happening is $8000-9000, but that has very little chance of happening next month.

Even if it does happen, it'll most likely rebound and get up to $10k again.

As pooya87 said, I too expect $10k to hold strong for now. 5 digit bitcoin is an emotional barrier for traders and a lot of people that are long with bitcoin will not allow bitcoin to crash down under that, they are just buying up all the cheap bitcoins when they are available at 4 digits.

It has been a rollercoaster ride so far, it'll be interesting to see where BTC goes next.
legendary
Activity: 3472
Merit: 10611
January 31, 2018, 12:43:24 AM
#11
my expectation was and it still is $10k to hold strong. there has been absolutely no reason to go below it apart from manipulation. it was nearly a 50% drop from the ATH and despite all the FUD all the corrections, bubble bursts,... should have ended by then.

since market is not moving according to my expectations and i can't predict it anymore, i am out of the market and back to cold storage. i just sold bitcoin last night (~10 hours ago when the FUD began) and my last buy order was filled just now and my withdrawal to cold storage is also finished. now i will sit on the sideline watching the chaos Cheesy
hero member
Activity: 882
Merit: 544
January 31, 2018, 12:23:14 AM
#10
Based from some TA of top crypto traders. Bitcoin's lowest drop might be $1000. And that is the worst case. If Bitcoin drops to $5k that is still normal. BTC really needs to have a huge drop to accelarate to $100k. Just trust BTC, take a look to its current volume. Crypto is already on trillion cap.
I am also expecting that huge drop but I think Bitcoin dropping to 1000$ is normal and is not the lowest it can revert back to. The lowest possible depending on what will happen in the next coming months IMO is sub 1000$ after all before this long bullish trend btc is less than 600$ and haven't gone back to those price ranges ever since. The only wuedtion though is if we will see history repeat itself or not? That's what we'll find out later on.
full member
Activity: 266
Merit: 103
January 30, 2018, 09:34:30 PM
#9
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad


I voted for $1,000 but it all depends on your time frame. I don't think it will hit $1000 in the next month or two, but it could in a year. I would bet that it does within two years, and I would bet that within 5 it falls to a couple dollars per bitcoin or even less.

The logic is that bitcoin's scalability and transaction issues make it unusable both as a currency and a store of value. A store of value should be stable, and bitcoin is highly volatile. A store of value should also have a long history proving that it can hold value. Being backed by something physical is also a plus, and intrinsic value is a MUST. As far as its use as a currency goes, that is a problem too due to the slow transaction times and high fees. If bitcoin can't be used as a currency and can't be used as a store of value, it can't be used as anything - therefore it is not worth anything.
sr. member
Activity: 1372
Merit: 255
January 30, 2018, 09:24:42 PM
#8
Based from some TA of top crypto traders. Bitcoin's lowest drop might be $1000. And that is the worst case. If Bitcoin drops to $5k that is still normal. BTC really needs to have a huge drop to accelarate to $100k. Just trust BTC, take a look to its current volume. Crypto is already on trillion cap.
jr. member
Activity: 154
Merit: 8
SODL
January 30, 2018, 09:00:19 PM
#7
Bunch of hippies who thought they could build a decentralized money network and that governments would be ok with it. NO FREAKIN' WAY that governments are going to give that kind of power away. Besides that, block chain in general has proven to be useless. It just doesn't scale. Maybe someday they'll find a solution, but I really don't think that off-chain is the solution. There are just way too many downsides there, lightning network is a complete failure by design.
member
Activity: 182
Merit: 20
January 30, 2018, 08:59:10 PM
#6
Don't call doom for minor drops you will jinx it
full member
Activity: 420
Merit: 119
January 30, 2018, 08:41:08 PM
#5
I think as long as there is an event that you need to celebrate and to spend your money,  Bitcoin price will go down because people will be needing their money for this kind of event. But I think as soon as this kind of events are over, bitcoin will soon to go up eventually.
legendary
Activity: 3808
Merit: 7912
January 30, 2018, 08:39:01 PM
#4
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad

Now is the time to celebrate Lunar New Year in Asia countries, so I think Bitcoin price has no strong fluctuations and it will go under $10K because Asia users sell to get cash for their event.

Well thanks...makes me feel a bit better...(not much......but maybe a little)

it is my fault by the way...karma wise ...I thought it would be a good time to retire on 1/14/2018.....and everything went to hell around that time...so I messed with karma..by

no longer working and retired..and it screwed everything up!) : (sorry about that jinx'd it)

then last week the Vikings lost.....(further proof)

now this week BTC tanks under 10k

yep broke the works I did Sad



 Get to work on fixing up your house; by the time you're done the job, Bitcoin will be heading north again.

copper member
Activity: 2898
Merit: 1465
Clueless!
January 30, 2018, 08:36:11 PM
#3
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad

Now is the time to celebrate Lunar New Year in Asia countries, so I think Bitcoin price has no strong fluctuations and it will go under $10K because Asia users sell to get cash for their event.

Well thanks...makes me feel a bit better...(not much......but maybe a little)

it is my fault by the way...karma wise ...I thought it would be a good time to retire on 1/14/2018.....and everything went to hell around that time...so I messed with karma..by

no longer working and retired..and it screwed everything up!) : (sorry about that jinx'd it)

then last week the Vikings lost.....(further proof)

now this week BTC tanks under 10k

yep broke the works I did Sad

sr. member
Activity: 1002
Merit: 250
January 30, 2018, 08:33:34 PM
#2
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad

Now is the time to celebrate Lunar New Year in Asia countries, so I think Bitcoin price has no strong fluctuations and it will go under $10K because Asia users sell to get cash for their event.
copper member
Activity: 2898
Merit: 1465
Clueless!
January 30, 2018, 08:17:39 PM
#1
Well, as the title states:

Apocalypse BTC! How low will it go?


Write out your logic on if/what/low or not you think BTC will go ..and then bounce back...or not....

take the poll

thanks

brad
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