It looks like bitcoin will have a very strong dip and be back under 1k. My prediction is telling me it will fall to around the 500 dollar range within a month.
I do not agree with the article you mentioned because the $ 500 Bitcoin price would not be able to drop that much. Currently Bitcoin is priced at $ 6,271 and on a much lower premium and you should not worry too much about it. 
Topic: bitcoin back to $500 is likeley (Read 2953 times)
Horrible analysis lmao
At least show us why you believe this.
At least show us why you believe this.
it will fall to zero pretty soon
nah youre totally troller , or get dumped hard ?
how btc drop to 500$ and what do you think will happen to cryptoworld if it does ?
no, you need 10x charge to made 1 btc out of mining rig , so it wont happen , never
or no one will mining it
how btc drop to 500$ and what do you think will happen to cryptoworld if it does ?
no, you need 10x charge to made 1 btc out of mining rig , so it wont happen , never
or no one will mining it
You need to factor in what it costs to produce a Bitcoin and then what profit you need to sell at to recover your running and setup costs. Already mining in most places is running at a loss in accordance to the current price and the mining difficulty is increasing on the daily. Also you also need to look at what’s upcoming in terms of development and adoption in the near future. Combine these 2 factors and I would very comfortably say that $500 is impossible unless by some miracle the entire systems fails
I do not want to believe that Bitcoin will be so cheap, because $ 500 is a very low price for such a good coin. I believe that the market will turn around and go up soon.
can be seen now even though the market is still in a sad state but the price of bitcoin is still stable at $ 6500, to go down to $ 500 I also don't believe that could happen.
This year the crypto market is undergoing a very heavy test so that all coin prices fall significantly, but if as long as there are many more believers and interested ones, growth will surely come soon.
Bitcoin and other crypto coins may be in bad times now, but I don't think this will happen all the time. I don't think that this will happen because the extreme depreciation of Bitco will not work for any speculator or big investor.
I do not want to believe that Bitcoin will be so cheap, because $ 500 is a very low price for such a good coin. I believe that the market will turn around and go up soon.
There is no way BTC can return such price, in my opinion we should expect higher but moderate, should not expect too low will affect our psychology, but also Expectations are too high because waiting will never be there
It looks like bitcoin will have a very strong dip and be back under 1k. My prediction is telling me it will fall to around the 500 dollar range within a month.
What makes you think that bitcoin will go back to $500? Do you have any solid proof or analysis for that? Bitcoin will never go back to that price ever. Most people are waiting to buy cheap bitcoin. Once the price goes down a little, they buy and the price recovers back.
If Bitcoin ever drops and stays around sub-1000 levels, it would only mean that another Crypto Currency giant contender like ETH has overtaken it as the number 1.
On the premise of what statistics did you draw such conclusions? If bitcoin falls to one of these low charge, then the complete crypto currency market will be destroyed, so maximum probable this will by no means occur.
Then many altcoin will be back to zero and the loss will be too much for investors to bear. Presently, the market is rising gradually and I believe it will recover fully before the end of the year.
It is not conceivable that bitcoin will ever fall below 4000 USD as no Holder will sell that low, a lot more persons believe a great future for bitcoin
Bitcoin mining costs and difficulty has risen so much that it costs nearly $6000 to mine one bitcoin. That's why bitcoin lows below $6000 lasted very short time.
Every nation and every single miner has different costs; how do you say what the exact cost of mining on bitcoins is.
If they close all the farms back to the mines with the PC and Bitcoin will still go ahead!
I guess we never will see Bitcoin under 5000$. This year were at least 3 attemts to dump bitcoin under 5k, and all of it felt.
Bitcoin will never drop below $ 5500. Currently BTC prices are below $ 6300 and now they are growing again. BTC will probably be over 9000 USD.
How do you both make such a thing?
Which shaman or magic sphere have you consulted to make such an affirmation?
Actually you could be right or be denied a minute after this post!
Bitcoin mining costs and difficulty has risen so much that it costs nearly $6000 to mine one bitcoin. That's why bitcoin lows below $6000 lasted very short time.
Every nation and every single miner has different costs; how do you say what the exact cost of mining on bitcoins is.
If they close all the farms back to the mines with the PC and Bitcoin will still go ahead!
I guess we never will see Bitcoin under 5000$. This year were at least 3 attemts to dump bitcoin under 5k, and all of it felt.
Bitcoin will never drop below $ 5500. Currently BTC prices are below $ 6300 and now they are growing again. BTC will probably be over 9000 USD.
How do you both make such a thing?
Which shaman or magic sphere have you consulted to make such an affirmation?
Actually you could be right or be denied a minute after this post!
On the premise of what statistics did you draw such conclusions? If bitcoin falls to one of these low charge, then the complete crypto currency market will be destroyed, so maximum probable this will by no means occur.
no, bitcoin is too strong a coin in the crypto currency market and it is unlikely that it would fall to $ 1000. I think even before the price of 5000 dollars, he will not fall
Bitcoin will never return to $500. Unless a quantum computer appears. Otherwise Bitcoin will only be more expensive in the future.
In my opinion, Bitcoin has reached a point and a level that is now impossible for people to give up Bitcoin and as long as this demand for Bitcoin exist and as long as the cost of mining Bitcoin is less than the market price of Bitcoin, it will keep on rising in volume and this is the reason Bitcoin will not go down as much as $500. Besides, it might even rise high in the months to come so what we can do better right now is to hold our coins and wait for the big news. 
Lol, the author of this post is overly played out fantasy. Bitcoin will never cost less than $ 5800, it has already gone from 1 thousand to 6 and will never return to this.
This is the case and post from June 2018 when Bitcoin was very weak and had created a huge chaos in the market. The value had even dropped to $5000. But it will never fall as low as $500 because it is not a joke and can hurt the feelings of those investors who are already struggling. Besides, these are random opinions presented by people who are trying to influence the investment patterns so cannot and should not be taken serious. Yes, I agree with you. Bitcoin just lost his former strength on market and, I think, will fall down and the eth will take his place in next 3 months.
That's why I do not invest in Bitcoin, because in my opinion Bitcoin is losing its position and there is no such urgency that was still in 2016. But the fall of Bitcoin today will negatively affect the entire crypto-currency market. Jump to: