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Topic: bitcoin back to $500 is likeley - page 9. (Read 3014 times)

sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
July 16, 2018, 11:20:14 AM
And now the price 16/7 Bitcoin has returned $ 6700 price. and your predictions below 1000 $ is completely impossible. Bitcoin can not go below $ 5800 which is a sure thing
Bitcoinn is showing an impressive recovery today. I think the uptrend period will happen soon in July and people should wait more in this market. Personally, I will not sell Bitcoin and instead I will buy a lot of Bitcoin to keep in the next few years because I'm sure the Bitcoin price can reach $ 100,000 and that's just a matter of time.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
July 16, 2018, 11:16:08 AM
And now the price 16/7 Bitcoin has returned $ 6700 price. and your predictions below 1000 $ is completely impossible. Bitcoin can not go below $ 5800 which is a sure thing
member
Activity: 294
Merit: 10
July 16, 2018, 08:44:29 AM
I don't agree with you. I don't think Bitcoin will return to $500. If Bitcoin returns to $500, then all other coins will die, which will cause many people to lose their wealth.
full member
Activity: 1820
Merit: 107
July 16, 2018, 08:34:55 AM
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.

That's too much if that will happen just forget cryptocurrency and take it as history because if that weird speculation will happen all coins and tokens will definitely affected and this cause a downfall of all crypto's and platforms since this coins/tokens is relying on Bitcoin price as pillar of crypto-currency market condition just notice if Bitcoin price was dip all crypto- coins are affected that's why $500 Bitcoin Price speculation is a disaster if that happen.
newbie
Activity: 98
Merit: 0
July 15, 2018, 10:58:38 PM
That is very unlikely to happen. The movement of price has stabilize to $6k to $7k range for this month. There is current news and no institutional money getting on board that is why there is no growth for bitcoin now.
full member
Activity: 434
Merit: 100
July 15, 2018, 10:14:55 PM
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.


No way man, $6k is really the support value of bitcoin. It has been tested many times. To those people who still wait for bitcoin under $1k or $500 are going to wait until you all die because bitcoin is meant to rise every few years and not to go back from where it started.
hero member
Activity: 700
Merit: 503
July 15, 2018, 07:05:46 PM
Such a scenario is impossible. Although the market is now red and falling, yet the price of $ 500 is not possible.
Experts of the company DMG Blockchain, specializing in mining and the use of blockchain technology, have calculated the breakeven point for bitcoin mining. In their opinion, mining of the first crypto currency will cease to be profitable if its price falls below $ 2400. This is reported by The Merkle.
So your words are fantastic. No one will mining bitcoin and maintain the network if its value falls below $ 2400.
newbie
Activity: 72
Merit: 0
July 15, 2018, 02:55:15 PM
If you really think so, then you are a bad forecaster. Could you clarify with what methods you made this forecast and on what basis is it based?
full member
Activity: 1134
Merit: 102
July 12, 2018, 09:42:18 PM
It is impossible to reach below 1000$ otherwise we can call bitcoin as a scam, already we have seen from the market bitcoin is consolidating at a $6k level from days. So the chance of increasing price is huge but there is no guarantee when and how long it will take.
full member
Activity: 270
Merit: 103
July 12, 2018, 09:36:18 PM
The only way I see this happening if is an early adopter with Billions of dollars worth of Bitcoin decided to dump it all.
member
Activity: 490
Merit: 13
July 12, 2018, 05:54:20 PM
I think so. I feel like in this year the market act so different.
We keep going down no matter what, sometimes slightly going up but more down after that.
I hope Bitcoin can go back to its ATH so that altcoins can follow it.
newbie
Activity: 75
Merit: 0
July 12, 2018, 05:40:06 PM
The days of  bitcoin selling for less than 1000 USD are so very, the price cannot dip that low if holders are not willing to sell, even a global ban on bitcoin will not result in such dip in price
jr. member
Activity: 96
Merit: 1
July 12, 2018, 05:37:40 PM
I don't think that's accurate. After a certain point bitcoin dipping that much will cause a lot of mainstream news coverage, and too many average people will view it as an opportunity to buy.
sr. member
Activity: 1274
Merit: 263
July 12, 2018, 05:30:17 PM
For this year 2018 the barrier of the bitcoin is 5000 dollars and I think 1000 dollars or even 5000 dollars for this year is impossible. Yes we see the price of the bitcoin decreasing but it doesn't mean it will continue to decreased because they have possibikity the price will pump.
full member
Activity: 224
Merit: 100
July 12, 2018, 05:17:08 PM
I hope that the author of this topic is just joking? If bitcoin drops to $ 500, it will mean the collapse of the entire crypto industry.
ps
member
Activity: 154
Merit: 10
July 12, 2018, 04:12:35 PM
Probably never again.

To simplify things, too many people would be happy to buy up the dip at $1300–1400 level. $500 seems unrealistic given transaction growth, user growth, media exposure and coming larger financial institutions. Of course, major negative event might happen that would drop the price but this is hardly predictable.

If you wish to speculate on bitcoin price my biggest advice is to trade to earn more bitcoins rather than fiat. Change this mental perspective and you will do great.

full member
Activity: 1036
Merit: 109
July 12, 2018, 02:08:25 PM
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.

Can you please explain and please support your prediction with evidence, what makes you think that bitcoin will dip back to 500$ from it's current price $6000.  The market is not that bad, the price is stable from $6,000 to $6,000 and it's not possible for the market to dip that fast in just a snap.
sr. member
Activity: 1554
Merit: 260
July 12, 2018, 01:59:17 PM
I don't think it will go down below $5000. This is funny.
For me it is impossible that this coin will be at this level, bitcoin will be only heading up in coming time and making itself more stable with every year so 500$ is like a joke for me.
member
Activity: 434
Merit: 10
July 11, 2018, 11:01:07 PM
It will never go to that price, and I don't see btc going below $5,000.
Such price could be an alarming to us but still no doubts that bitcoin will remain strong and getting stronger. FUDs never make sense right now since people are mostly aware and have knowledge on it.  Only weak hands will give up and believer will keep believing crypto.
sr. member
Activity: 756
Merit: 250
July 11, 2018, 10:48:15 PM
You're pretty pessimistic if you think so, so you're crazy, I have several reasons to believe in the rise of bitcoin everybody in the world and only you think it's going to fall 500 dollars is a joke
In case of economic crisis. there was war. then it is not impossible bitcoin will return to 500 USD Do not even have value. because it's an economic crisis and a lot of wars about because it causes a lot of harm
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