Topic: Bitcoin going $1000 - page 10. (Read 1055 times)

No matter how strong people believe in bitcoin as long as there are continuous dumping of bitcoins they are holding, the price movement will still be going down.

Yes, I'm sure that during the week there will be big changes in the market and growth will be but not 10 to but 9k exactly I'm sure.

I am not buying that we will hit $1k ever again, but if it happens I will believe it then. More likely situation for me is that we hit 6k and rocket off that in a couple of weeks or months.

You may be right, you may be not, no one can predict such a change in the market. But I personally think that drop to $ 1000 is a little bit too much. 

nothing is impossible.but if bitcoin going on 1000$ then i cant imagine the price of altcoin. we can say the death of altcoin if bitcoin reach $1000.

I dont think bitcoin will reach that price again after he almost touch 20,000$ back in december 2017. More people will surely buy bitcoins and witing at the price of 5000$ to 6000$ and also whales waiting for that chance to buy again. So bitcoin price will raise again soon.

I do not care about the technique described because I think a pattern like this could be made with a simple drawdown.

bitcoin will touch the bottom price when many are leaving bitcoin but for many who use bitcoin I think it will not happen

 

Bitcoin jumps and falls in price every single day. There are highs and there are lows. My best guess, would be that traders with tremendous BTC holdings are testing the support of Bitcoin for future trades, investment information and to get a better idea about what kind of market they are operating within. This recent price fall definitely has something to do with the fact that a bunch of people invested money into Bitcoin without any knowledge or genuine interest besides their desire to get rich; these people scare easily and when they jump ship they flood the market with their coin and this drives the price down.


Can you explain this a little further? I don't know if you were just pulling this randomly out of thin air or if you believe there is something valid behind it, but in any case I would beg that you clarify this point.

It definitely seems like a possbility, as it has happened in the past. The market values are just whatever someone is willing to pay against whatever someone in possession of BTC is willing to accept for it. Circulation would seem to have little to no correlation with the value of BTC, because otherwise we wouldn't experience these absurd price dips and spikes with similar volumes.

I guess I am just confused by the premise and conclusion. I wish that users would go more into detail about what they are putting forward, because this is how real conversations are had. You very well have an opportunity to teach me something new, and probably many others if you are able to back your statements up. This in itself would be impressive and probably something I would merit; I don't normally run around handing out merit tips, but it's just a side-note and hopefully some incentive for you to take me up on my suggestion(s).

not possible btc will go 1k $ as its market values or circulation will not allow it

What happaned ? Why Bitcoin Falling in price ??

bitcoin price going to back 1k no its not possible at this time the market going to come back positive with strongly and this the best time to buy crypto currency, after march we will get some good news about bitcoins and any crypto currency.  

Nothing is impossible, everything could be happen, but for the price of Bitcoin will go to $1000 i think it's pretty tough, because Bitcoin have strong support.
And if it's touching $1000, i will buying so much for sure.

if touching the $ 1000 price I think it's tough.
and certainly a lot of people who will kill themselves with it.
but anything can happen in the world of crypto.

Are you ready about this one ?