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Topic: Bitcoin To Drop As Low As $1000 This Year - page 25. (Read 26283 times)

hero member
Activity: 896
Merit: 521
This is unlikely to be a case.

Reason being, the people who manipulate Bitcoin are holding BTC in bulk. They play with the market to extract maximum profit out of their holdings. But if they let Bitcoin fall to $1k, there will be a panic situation in the market and the market will lose many investors in that case which is exactly what they won't want. So they will not let the market tumble to such depth.

Moreover, BTC has a strong bottom support at $5800. BTC has tries to break it a many times but never was successful. It is the strongest support it got which can't be broken easily.
copper member
Activity: 153
Merit: 0
DOMINIUM - Decentralised property platform
I am sure that the drop in the cost of bitcoin will certainly continue. But we must understand that there is a bitcoin price in which the miners will not benefit from working because the energy costs will not be paid off by the profit from the mining. Therefore, I think that the price will not fall below 4 thousand dollars.
member
Activity: 228
Merit: 10
I think more than 1k $ and bitcoin last year reached $ 15K but currently only 6K $ so I think bitcoin is down around $ 9k. but in some time I will be sure everything will rise again.
full member
Activity: 434
Merit: 102
and it turns out that now Bitcoin has dropped by more than $ 1,000, if the all time high is around $ 19,800 - $ 6,500 = - $ 13,300.

it is very painful because it decreases even more. I hope this year Bitcoin will return to the price of $ 19,800.
newbie
Activity: 322
Merit: 0
I think that this is possible since bitcoin began to grow from $ 1000 but I also think that this will not happen because people are not so stupid to sell their bitcoins at such a low price !
member
Activity: 490
Merit: 12
Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?





Bitcoin dropping to as low as $1000 as predicted by wall street can never be realistic considering the volume traded daily and market Cap and many investors are pumping and investing their money into bitcoin, many organizations, corporations and companies had started adopting bitcoin as a means of payment thus the demand for btc is soaring daily.
hero member
Activity: 1148
Merit: 504
Why do they make such a judgment, I think 1000 dollars, it is unlikely. There are a lot of people who know BTC now. The number of people who believe in it has also increased a lot. Waiting for $1,000, I think there will be many people who have bottomed out.
You know that with the total number of bitcoin users reaching tens of millions of users, the price of $1000/btc will not be suitable for bitcoin, the user is already very large and the marketcap or demand is not comparable to that price? we will never go down to that price again, believe me
full member
Activity: 728
Merit: 101
Don't believe what other people say, believe in yourself, those who want bitcoin are destroyed are those who can't buy it. And they really don't believe in a better future.
legendary
Activity: 1834
Merit: 1036
What is the basis of the speculation that Bitcoin will drop to as low as $1,000 USD? Just look at the result of the SEC decision for the ETF, we thought there will be a significant change oncw decision is out but it turned out not much effect in BTC price. If theres a huge exchange site that got hacked and a Country thar has great influence over other Countries declaring ban on Crypto trading, most likely there will be a significant change in the price of BTC.
newbie
Activity: 141
Merit: 0
No, I don't think so. Although the price of Bitcoin has fallen very sharply in this year's market, I think the price of Bitcoin will no longer fall. I think the encryption market will soon recover, and we should wait patiently for the market to pick up.
newbie
Activity: 47
Merit: 0
No, I don't believe it, I don't think the price of Bitcoin will fall to $1,000. I believe Bitcoin's price will soon recover.
newbie
Activity: 165
Merit: 0
In my opinion Bitcoin has better chances to achieve 15-20k again. I guess 1k is a very pesimistic prediction and i don't think it will happen.

Bitcoin opportunities to achieve the price you mentioned are very open, especially the level of bitcoin users is increasingly increasing. This of course proves that public trust in bitcoin is getting higher.
member
Activity: 180
Merit: 10
Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?





The lowest projection I have seen is $3500 which I do not believe we will get to.  $1000 seems preposterous.  I feel as though a solid floor is being put in here in the 6300 range.  Bitcoin does not seem to want to go down anymore than that. 
newbie
Activity: 280
Merit: 0
In my opinion Bitcoin has better chances to achieve 15-20k again. I guess 1k is a very pesimistic prediction and i don't think it will happen.
newbie
Activity: 77
Merit: 0
That is not going to be possible. Right now at the price 6000, people will buy in like crazily already.
I dont think 4000 will even be possible. Dont even think about 1000.
newbie
Activity: 182
Merit: 0
I don't think so, Bitcoin will drop as $1000 in any year. This year Bitcoin is constantly on $6k-$7k and sometimes it touch $8k. I know this is not Bitcoin actual price, bitcoin should be at $13k + but this year ICO market did not do well and whole market goes down. In 2019, there is a news that Bitcoin will surely touch $30k and breaks the record of all market.
newbie
Activity: 90
Merit: 0
As for me, these forecasts are not backed up, and it's hard to believe that autumn will be soon, and Bitcoin still holds more than 6,000 dollars.So I do not believe it.
jr. member
Activity: 85
Merit: 1
Well we are still watching how low it can go, news is what crypto reacts to. One moment it's up then another moment it down flat.
full member
Activity: 280
Merit: 100
This is not possible at least this year because people don’t let to fall Bitcoin so low. Think, if Bitcoin will be cost 2000-3000$ all people begin buying it in large quantities and the price will again be high.
member
Activity: 365
Merit: 10
Here we are and the price have not come down to stated amount irrespective of a very impressive market. Bitcoin can never come down to that amount any more since in the recent time naeaitive news could not stop bitcoin from existence. The minimum bitcoin can reach is $6,000.
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