Bitcoin will not fall below 6k or 5k this year, the probable correction value is between 6k to 8k in this middle of the year but it will pump up again to 10 or 12k or more. So let's be hopeful that bitcoin will not crash anytime soon this year. As Russian government already adapted bitcoin , then i am confident it will not fall back to 5k.
That has already happened. Market manipulators are smart enough and know to what extent their dump and manipulation can be healthy. They don't want Bitcoin or cryptocurrencies to die. In February, Bitcoin did touch $6k. If the price continued to tumble below that range, panic would have taken over the market which means an ultimate loss to the bulk hodlers and that they never wanted. Right now, Bitcoin is in bull phase. Yesterday's drop was just because of Binance hacking rumor. Price is already recovering. I expect quarter 2 to be bull one
Topic: BTC to Crash further till 1000$? - page 5. (Read 940 times)
Eventually bull phase will be over.
Bitcoin will not fall below 6k or 5k this year, the probable correction value is between 6k to 8k in this middle of the year but it will pump up again to 10 or 12k or more. So let's be hopeful that bitcoin will not crash anytime soon this year. As Russian government already adapted bitcoin , then i am confident it will not fall back to 5k.
That has already happened. Market manipulators are smart enough and know to what extent their dump and manipulation can be healthy. They don't want Bitcoin or cryptocurrencies to die. In February, Bitcoin did touch $6k. If the price continued to tumble below that range, panic would have taken over the market which means an ultimate loss to the bulk hodlers and that they never wanted. Right now, Bitcoin is in bull phase. Yesterday's drop was just because of Binance hacking rumor. Price is already recovering. I expect quarter 2 to be bull one 
I don't think it will drop that low. Bitcoin mining cost is around 4k-5k on average. If the price drop lower than that range, it'll not profit to mine anymore. Miner will start to buy bitcoin from exchange and the price will rise up again.
There are somethings that will never sound realistic and even if it eventually happens, so many of us will still be in the scene and doing our thing. In fact, that would even make a lot of sense anyway, considering that by then, all the weak hands would have left the market and the strong hands will be on ground feeding them their own vomit. Only if OP knew how he sounded with his statement, he will hide his account forever.It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
If you really want to know what I think about you right now, you will end up deleting this account and never come back to this forum. What is the point in what you just did, to tell people I told you so, peradventure it happens which every reasonable person know it will take only a huge blow on the crypto market to see something like this happening? If you wish you can sell everything that you have, no one cares and we are gladly going to be buying from you at this dip. 
Bitcoin will not fall below 6k or 5k this year, the probable correction value is between 6k to 8k in this middle of the year but it will pump up again to 10 or 12k or more. So let's be hopeful that bitcoin will not crash anytime soon this year. As Russian government already adapted bitcoin , then i am confident it will not fall back to 5k.
I really don't think, that the whales left the market.
Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
They are always watching and seeing how the lizards in the market keep running into the holes in the walls panicking because the rain of blood in the market is about to fall on them. Weak hands! People like the OP usually give them the chance and those who are gullible enough to listen to the people like OP are the ones who are going to reap what they deserve in the long run. Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
How that baseless OP information has helped anyone with anything and if the price drops to $1k, good we buy more and wait for people like them to come buying at the top again in few years’ time.
It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
I don't think it will ever happen. I strongly believe too that bitcoin will never fall down to 5K USD mark again and i am rooting for it's response when it pump up to 11K USD a couple of days after the bloodbath. I think bitcoin will just hover around 8K USD to 9K USD only.
Remember, bitcoin value depend on supply and demand so let say if South Korean and Japanese fully forbid bitcoin , it will affect on bitcoin instantly.
As for now, bitcoin on rate $ 11.000 because they still believe on bitcoin !
Of course I hope that more country also legalize bitcoin so it never lower than $ 10.000 !
Your statement makes no sense.
Please tell me why Japan and South Korea, the 2 major countries in Asia who are pushing and supporting crypto on a huge scale should make out of a sudden a 180 degree turn and destroy what they are building since 2 years. The crypto space is growing strong over there. They are making huge money, also from taxes.
And regarding the 10k, well 9500USD it is now with dumping coming. Thanks to Binance.
It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
I don't think it will ever happen. I strongly believe too that bitcoin will never fall down to 5K USD mark again and i am rooting for it's response when it pump up to 11K USD a couple of days after the bloodbath. I think bitcoin will just hover around 8K USD to 9K USD only.
Remember, bitcoin value depend on supply and demand so let say if South Korean and Japanese fully forbid bitcoin , it will affect on bitcoin instantly.
As for now, bitcoin on rate $ 11.000 because they still believe on bitcoin !
Of course I hope that more country also legalize bitcoin so it never lower than $ 10.000 !
I really don't think, that the whales left the market.
Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
Whales didnt left the market I think due to now the bitcoin will for sure recover. Bitcoin will not crash it is the normal cycle of the market that tends to go up or down. So when price drops the time to invest and will increase value in time. Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
I don't think it will ever happen. I strongly believe too that bitcoin will never fall down to 5K USD mark again and i am rooting for it's response when it pump up to 11K USD a couple of days after the bloodbath. I think bitcoin will just hover around 8K USD to 9K USD only.
It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
Anything is possible including a drop to $1000, but I think that is unlikely. For one thing, the cost of mining will probably keep the price from dropping too far. If the price of Bitcoin drops significantly below the cost of mining, then it’s likely that people will stop mining and the system breaks down. I just don’t see that happening at this point. Bitcoin has a value as a store of value and will probably not drop too much lower.
It's crashing real hard. Dropped 40% in a week! Maybe another 40% drop in this weekend! It's seems like it is falling down the hill. What do you think?
I don't think it will ever happen. I strongly believe too that bitcoin will never fall down to 5K USD mark again and i am rooting for it's response when it pump up to 11K USD a couple of days after the bloodbath. I think bitcoin will just hover around 8K USD to 9K USD only.
Whales gonna be finding out some privacy coins xmr bcn.
To do what, buy drugs and pay for hookers?
the conclusion is how ever we have to keep believing in the pump, I believe even though bitcoin fluctuates and often up and down, at any time bitcoin will start reaching its goal number. yes, the number we are waiting for is where that number will give us many advantages. maybe in the next few months bitcoin prices will soon surpass $ 17k and definitely will nest in the $ 20k number. I hope this year we can surpass the glory of the year 2017 ago.
Whales gonna be finding out some privacy coins xmr bcn.
I really don't think, that the whales left the market.
Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
Yes, they left the market to panic and push down the price of bitcoin to buy more so that they could own more assets at a lower cost, so we should not panic and sell the bitcoin in our hands, believing. Bitcoin will pick up in March. Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
I really don't think, that the whales left the market.
Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
Crypto will rise again, whales know this very well. So maybe they left for now, but sure they will buy back in and enjoy their new millions of dollars..
The cryptocurrency market is really big affected but does not mean the cost of all the altcoins will go down unreasonably. Currently, bitcoin is banned and you can see its price is $ 6000. was reduced by 40% within 3 days. I think the reason is that China and other countries are forbidding the bitcoin, which led to some whales leaving the cryptocurrency market. Its price is just $ 4000 and can not go down anymore. That's my opinion, look forward to receiving your feedback.
I think this not only keeps the world of currencies secret, but the stock market is also declining. The global economy has started to decline. We can wait and wait patiently for this phase to pass.
Whatever the reasons of this downfall, we can't deny the fact that we already know that this will be happen. We must continue to support crypto so that it will start to recover and stop this negative issue as this can cause for the newly investors to be panic. I think all crypto are now in bloodbath, so for this kind of matter we must trust the power of our digital asset and have some patient of holding even though it crashes almost 50%.
There would be a big down fall for bitcoin but that does not mean that bitcoin will remain to that situation. It is a good news for us because we can buy 1 btc easily. There is no need for us to buy bitcoin that expensive. Those multi millionaire who has a lot of btc will lose interest in bitcoin and run away but for us who still have trust on bitcoin will remain and that is the time that bitcoin will increase rapidly.
I think that miners might have a problem with 1000 dollars for one bitcoin. That is why I do not think we will reach that level.
With an AntMiner S9 you could only mine about 0.0013 BTC a day. That would be 1.3 Dollars.
Then you need to pay for electricity and you have to pay for the mining equipment.
That does not sound like a profitable job anymore.
With an AntMiner S9 you could only mine about 0.0013 BTC a day. That would be 1.3 Dollars.
Then you need to pay for electricity and you have to pay for the mining equipment.
That does not sound like a profitable job anymore.
Miners will defiantly have a problem. Unless you are getting free electricity .5 btc right now cost well over $1000 to mine if you have cheap electric and a lot of time and equipment. It is far easier just to buy btc then to mine it if it stays at a low price. Lots of miners will unplug their machines rather then mine at a loss. Right now it is getting close to that level for some miners. I will keep mining even at a loss for a little while, I'm not there yet but it's not looking so good at the moment. If btc were in the 14k-16k range mining would be all good right now that's about where it needs to be. Difficulty just keeps going up and with price going down miners are going to do bad unless they hold until the price goes up.
Jump to: