Topic: bitcoin back to $500 is likeley - page 16. (Read 3014 times)
Your prediction is unlikely to happen since it is very low and too far from how the price goes down. yes there might be a chance for the coin to reduce the price for up to 50% but $500 seems to be imposible.
Its is very hard to understand the market. Scenarios prevailing in the market changes in no time, it's our responsibility to be prepared enough to meet the changes happening with time. Users who doesn't have much spending can overcome the price fluctuations with ease while the people who completely depend upon crypto earnings for living gets affected much.
It is impossible if you expect Bitcoin is move to 500 USD. Because as most bitcoiner know, that btc is the one of strongest coins in crypto and also the legend coin. From there we can assume that there are still many who will not btc going to $ 500, surely they will try hard to restore it or pump it. Don't expect btc to $ 500.
I can not imagine if the bitcoin will fall to 500 dollars, maybe the end of the crypto? I am also confused, why many people who want bitcoin fall?
There are many reasons why a person may like to see such low prices, one of the reasons is bitterness, there are people that had a lot of bitcoin and they spent it all or sold it for a very low price and now they are mad they lost their chance of becoming millionaires, another reason is simply some people did not took the opportunity to buy cheap bitcoin and they want that opportunity to come back but that will not happen.
There are too much coins in the market and it has contributed in sharing the market capitalizaiton of bitcoin. These competition is bringing bitcoin down and if bitcoin keep dipping in price , it can reach $500. And If it comes to that level, there will be a lot of damage that will be cause in the crypto market.
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.
Your prediction is telling you? What does your prediction know? Who is your prediction and why should anyone take it seriously?
It won't go back that low because too many people will buy it way before it hits that point, thinking that one day it might hit $20,000 again.
What experience do you have in cryptocurrency market analysis? What is your forecast based on? Please provide more information. I believe that bitcoin will never fall to this rate.
I am sure that this will not happen. You write such words in vain and create panic among beginners on this forum. Many people come here to answer their questions. And what will they see? They will see your post and become even more frightened. Your words are absolutely groundless. If, according to your calculations, this is exactly what bitcoin is waiting for in the near future, then show us the proofs of your theory and we'll figure it out together.
I can not imagine if the bitcoin will fall to 500 dollars, maybe the end of the crypto? I am also confused, why many people who want bitcoin fall?
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I can not imagine if the bitcoin will fall to 500 dollars,
if bitcoin will fall to 500 usd , i think there are lots of people will keep on complaining on why did it possibly happen. lots of invesors will also loose but i think this could also be an advantage to some because they will be able to buy bitcoin at a cheaper price.
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I am also confused, why many people who want bitcoin fall?
the reason why many people want bitcoin to go down is because they can be able to buy it at a bargain price. but not all people wants bitcoin to go down because not all people are investors , there are some that only earns on bitcoin and the only way for them to earn big is to wait for the price to go up.
As at now as bitcoin is trading at $6500, It is near impossible for it to decline to such an extent. Bitcoin will go up than the price it is trading, so if you are thinking it will decline to such a price of even $2000 through the course of this year, then forget ti.
I don't believe in such a drop. It seems to me that bitcoin has already reached high popularity and this will not allow it to descend to so low price. In addition, manipulators won't dare to dump the price to this level.
I think it is highly unlikely, the price you have quoted is unrealistic, bitcoin mining is also a major factor to calculate bitcoin's value, at the moment with the difficulty and other factors the cost to mine 0ne bitcoin is around $5500 which will increase as the difficulty increases, so i think the value of bitcoin can not fall below this mark otherwise mining operations can get suspended globally and this can cause major business suspension.
I am with you 100%, miners won't profit, so the real workers and "creators" of btc supply can afford a price below, they need to see their work is worth or else sleeping time for bitcoin, no one wants that, still people just want to buy the cheapest they can because the missed the boat but this low won't hodl too long imo.
No never, we surely agree that market is red and the prices are dropping but seeing the bitcoins to drop to 500$ within a month is highly not likely at all
Bitcoins at this stage of time will not be able to make up till 500$ and as the market is low till we can expect a dip till 5000$ in a month as market fluctuates so thus the prices but not such a big dip at all
There are some people in the market who really don't understand how the market works and they just predict without any calculations and knowledge which they make themselves in loss and with that other persons also as they panic and sell all their coins so its better to no to worry now and wait for the market to grow it will surely jump one day.
Bitcoins at this stage of time will not be able to make up till 500$ and as the market is low till we can expect a dip till 5000$ in a month as market fluctuates so thus the prices but not such a big dip at all
There are some people in the market who really don't understand how the market works and they just predict without any calculations and knowledge which they make themselves in loss and with that other persons also as they panic and sell all their coins so its better to no to worry now and wait for the market to grow it will surely jump one day.
I can not imagine if the bitcoin will fall to 500 dollars, maybe the end of the crypto? I am also confused, why many people who want bitcoin fall?
Quote
I can not imagine if the bitcoin will fall to 500 dollars,
if bitcoin will fall to 500 usd , i think there are lots of people will keep on complaining on why did it possibly happen. lots of invesors will also loose but i think this could also be an advantage to some because they will be able to buy bitcoin at a cheaper price.
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I am also confused, why many people who want bitcoin fall?
the reason why many people want bitcoin to go down is because they can be able to buy it at a bargain price. but not all people wants bitcoin to go down because not all people are investors , there are some that only earns on bitcoin and the only way for them to earn big is to wait for the price to go up.
At this moment there is too hipe for a 5000$ to, maybe even lower price correction. I’ve got the conviction that bitcon wont crash so easily: the trend its so clear that all the trader are teady with their fiat or USDT. Who bought higher wait for now price range and don’t sell, but as the price seems to “fulfill the the analyst” little buy starts because there will always who need bitcoin: none will evere massive buy or sell in this stationery state. Soon or larer BitCoin price will drop or rise and then had the seme “cristmas correction “ of ofher yers.
But in my opinion situation if this uncertain situat will be long, BitCoin dominance will be strongly affected.
But in my opinion situation if this uncertain situat will be long, BitCoin dominance will be strongly affected.
I can not imagine if the bitcoin will fall to 500 dollars, maybe the end of the crypto? I am also confused, why many people who want bitcoin fall?
I do not think bitcoin will ever go back down to that low a price. The worst that may happen is that whales push down bitcoin below $6000 one last time to do a stop run but do not hold your breath for that. Current prices are already a great bargain to buy some.
Your "prediction" seems to me like a shot in the dark. There are countless resistance levels between here and $500, not to mention the fact that the last time BTC was at 1k it hovered around that level for 4 months. Even if we are dropping further, and even if we are dropping to $500 i cant see us breaking that resistance within the space of a month. You are also neglecting the fact that once BTC drops below the cost of mining, miners will stop producing it, which will in turn create scarcity and reduce supply, thus pushing the price back up. your guess seems about as likely to me as McAfee becoming president. Stranger things have happened though...
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.
Nope… I think bitcoin have strong support at $2k-$3k. But we don’t know exactly the price will go down.
That unlikely to be happened. Go deep till $500 it's even more than go back again to 3 years ago.
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