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Topic: Bitcoin To Drop As Low As $1000 This Year - page 30. (Read 26283 times)

newbie
Activity: 69
Merit: 0
If this happens, will sell all of their assets to buy more BTC
full member
Activity: 210
Merit: 104
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Consider the source here and because of that alone I would argue it won't reach that low. While it possibly can reach 1k I firmly believe there is enough support at 3k that we would never seek levels so low.
newbie
Activity: 54
Merit: 0
This is completely wrong, I am sure you are, that such statements are for reference only
hero member
Activity: 2870
Merit: 574
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It's hard to predict the price. Though BTC is volatile and may fluctuate a lot, it would rise definitely. It depends on the supply demand and needs time to rise and would never sink. More and more people come to know the pros of the BTC and invest it again. Therefore, hold it and never sell.

although it is hard to predict, we could still try to make a profit because with the volatility of the price, we can buy bitcoin when it's down and sell it when it's up. bitcoin price is always changing and if we can use this to search a profit then I am sure we can make a lot of money in weekly because I don't think that we can make a lot of money in just one day except if there is a high pump is happen. so if we can use the opportunity of bitcoin price, we don't have to worry if the price is drop.
member
Activity: 126
Merit: 20
It's hard to predict the price. Though BTC is volatile and may fluctuate a lot, it would rise definitely. It depends on the supply demand and needs time to rise and would never sink. More and more people come to know the pros of the BTC and invest it again. Therefore, hold it and never sell.
member
Activity: 143
Merit: 31
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I don't know why you think like this but there are a lot of buyer who are interested in buying btc and waiting for this to touch 5K if that hit 5k that means there will be bull run and again market will stand.

Compare 2018 market position with 2017 you will find that Btc is already at its low.

Requesting you not to create any FUD and no one can predict crypto coins.
full member
Activity: 347
Merit: 100
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 ?






I personally do not think that such a drop in BTC's price could be. In my opinion, the minimum price would be about $ 6,000. And in recent weeks the price ranged between $ 8000 and $ 10000 which is not that bad.  Huh
hero member
Activity: 910
Merit: 501
this seems not possible cause of mining costs. Nowadays bitcoin mining costs around 7-8k$ so price will continue to swing in ths area.
Under 7k$ miners will stop to sell their coins and price will start to rise again.
member
Activity: 616
Merit: 13
if the history will repeat itself, the worst case scenario is 2k$. That is around -90% i believe. JUST HODL this dark days. The sun will come.
newbie
Activity: 96
Merit: 0
but it seems to be back up and beyond the previous price of 15k $ or it could have exceeded that price.
newbie
Activity: 168
Merit: 0
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 ?






Any source for your claims?

I don't think it's gonna drop that low, it's still going strong and a lot of people are backing it.
member
Activity: 280
Merit: 10
better Days Ahead...
IMO I don't think that will happen any time soon this year. even if bitcoin will go down. I don't think it will get down to 1k, maybe around 3500 - 5000 k
sr. member
Activity: 1162
Merit: 251
News which say that bitcoin will go to 100k dollars appeared every day during the rapid growth of bitcoin. Why? Whales need to sell their BTC at the highest price. Now the price is falling and there are news that bitcoin goes to hell. Why? Whales want to buy cheap coins. That's all.
Thats true, who users are not interested in selling at the price of $19k? of course that's what the whales does, and when the price goes down as it is right now that a lot of whales sell at that price, and nowadays many of them may start doing dumps, so do not think negatively about bitcoin, bitcoin will not possibly go back to $1000, precisely I'm sure the price will probably reach $100k in this year
member
Activity: 140
Merit: 10
That's too much drama I think! Bitcoin holds really well around 6-7000$. I hardly doubt it will ever be $1000 again.
newbie
Activity: 168
Merit: 0
Yes, the fall will be great, but I do not think that in the area of $ 1000, I think a maximum of $ 5000 below should not fall, if the bitcoin does not depreciate  Cool Cool Cool
member
Activity: 364
Merit: 10
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Anything is possible but in my own humble opinion i don't see that happening this year, it might drop but I don't think it will drop below $1k.
member
Activity: 263
Merit: 10
I really doubt about this point for sure because even it's quite low at this moment (8k5$) but come back to the 1k$ target is such an impossible thing that could happen when the supply of BTC are less and less by days when the people who want to own a BTC is increasing.
member
Activity: 118
Merit: 10
I think this speculation does not make sense. Of course there is nothing obvious in the cryptocurrency world, but I think that, although bitcoin's price reached really bad prices, it has still a really good popularity and market value to reach incredible prices in the future.

Undoubtedly, I am convinced that although the price of bitcoin would fall to levels as low as $1,000 or even less throughout this year, that would not detract from its usefulness as an excellent alternative to the current obsolete payment methods based on the decadent financial system that currently prevails.

However, the conditions do not seem given to see a fall of such magnitude, so it is likely that throughout the year we will see a gradual recovery of the bitcoin price, although not as strongly as in 2017.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
News which say that bitcoin will go to 100k dollars appeared every day during the rapid growth of bitcoin. Why? Whales need to sell their BTC at the highest price. Now the price is falling and there are news that bitcoin goes to hell. Why? Whales want to buy cheap coins. That's all.
hero member
Activity: 1395
Merit: 505
Bitcoin is volatile. Sure it could fall to $1000 but it could also rise, by my calculations, as high as $1000000. That end point depends on how successful it is as an alternative store of value to the dollar and the timing of it depends on how quickly BTC is adopted as 'mainstream'. So far the process has been lightning fast, which is why we're near $10k, but regulators are trying to slow it down. I don't think they can stop it so I'm a bigger proponent of the $1M/BTC theory just don't expect it to happen this year or the next. When it does happen, it will likely be too sudden for most traders to react. That's why the way to get wealthy in crypto is not to trade but to hodl.
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