Topic: BTC to hit $3k ? - page 11. (Read 1318 times)
If btc will hit 3k so thats the time i buy more btc. Big investment more profits. I will hold that at least 3 years. Great news for new btc investors who cannot afford to buy btc now because of high price.
Well yeah, of course it is possible for BTC to fall to 3k or even under. I personally think BTC will dip to 4-5k, there are whales who have bags of BTC from the time it was cents or dollars worth. They would still make mad money even if BTC falls under 3k.
Also, MT Gox trustee has still 160k BTC left.
Also, MT Gox trustee has still 160k BTC left.
BTC hit 3k usd? I think it will not happen because today the price of bitcoin is almost 10k usd, it is very impossible that bitcoin will dump at a very low price.
As i read comments and answers there's positive and negative. I should not worry now for in the first place i just invested the amount i afford to loose. If that happens it would be bad to cryptoguys but if it hits up to highest. Cryptoguys would be very happy. So let it happened what wpuld happen.
For me its impossible to happen 'cause 3k is a hard fall of price and perhaps 7k is enough 'cause even though there are some banning reason or issues in bitcoin its really impossible to happen that the price will go back on that stage ,i think unless if all the bitcoin holders sell at the same time, maybe there's a chance. .
This is unlikely to happen! Whales will not let it sink below 6,000. This is a very strong support line.
Whatever the result of this downfall I'm still hoping that this is good to the entire crypto currency as we will see another chapter of this downfall. A lot of supports needed to rise this again as a chance to buy at cheap price then hold until it goes up and get a good profits.
I remember when bitcoin was 1000 $ and then fell down to almost 100 $... I'm not scared... we just have to wait 
It seems impossible that bitcoin will go down to 3k $. Most likely it will to go down to near it's last support.
Last year in august, bitcoin had also take a dive from 6k $ to 3k $. 2.7k $ was the support when I had checked it. During that time I had my first investment in crypto when I bought 20$ of bitcoin at price 3k $. Then after a few months I had gained 5x.
Last year in august, bitcoin had also take a dive from 6k $ to 3k $. 2.7k $ was the support when I had checked it. During that time I had my first investment in crypto when I bought 20$ of bitcoin at price 3k $. Then after a few months I had gained 5x.
The price of BTC will fall again because MTGox still haven't sold all their BTC. You can check their wallets here: http://gaelb.alwaysdata.net/MTgox_watch_CW/index.html
They still have to sell about 162k BTC, to return money to their investors. I hope they'll do it step-by-step, otherwise the market can fall even more than now.
They still have to sell about 162k BTC, to return money to their investors. I hope they'll do it step-by-step, otherwise the market can fall even more than now.
6k is minimum for bitcoin as mining is not worth it if the price will go lower than 6k usd. So there is no chance to go down to 3k. Mining is quite important in bitcoin price.
Mining cost doesn't dictate the price. Below 6k, mining becomes less profitable than buying BTC since the mining cost was estimated to be around 5300$, but that doesn't mean it can't go below that level.
It just means that if we go below 6k, BTC mining will no longer be profitable at the current hashrate, and miners will move on to something else, or just stop mining crypto all together.
I think it's impossible for Bitcoin to be $ 3,000. maybe Bitcoin may fall to around 7000 dollars but I do not believe that it will fall below 7000.
This is unlikely to happen! Whales will not let it sink below 6,000. This is a very strong support line.
even if it dip to 3k level then that will not be permanent ,
it will cross $40k mark this year .
so you can buy more at 3k price
it will cross $40k mark this year .
so you can buy more at 3k price
but it is better if it will not happen . hope that it will not be less than 8k because if it will reach a 3k mark maybe it is the start of the end of crypto but still i do not believe that bitcoin will reach 3k , and i see that it will also not reach 5k so it will circulate in 8k frame.
It is not true. It will be 37k this summer, but not 3k. I refuse to believe it. It can not be thue
even if it dip to 3k level then that will not be permanent ,
it will cross $40k mark this year .
so you can buy more at 3k price
it will cross $40k mark this year .
so you can buy more at 3k price
Time to prepare my bag for some alternate coins that i have on my portfolio because the deeper bitcoin falls, the deeper altcoins' market value also falls. But it's hard expect things like that as we know that bitcoin is a total surprise where it can go the other way instead of going in to our expectations.
Dipping upto 3000USD is too low. I dont think this will happen. Bitcoin will be supported when it hits 5000USD. Although everything is possible in crypto, I just dont look at it that low but let's see.
Peter Brandt, the famous chartist commodies trader also made a similar prediction that if BTC closes below 8700 these days, that the target of the fall would be 3100... But the presence of the MtGox Trustee overrides all technical analysis here, and is in fact very buliish news for BTC on medium and longer terms.
Guys, are we seriously giving all this credit to MtGox trustee? I mean, if this was truly the case, then should we not all already have prepared for this scenario since last year when the trials were started in Tokyo? And if this is true also, then are we really at the mercy of Bitcoin whales? I find it just impossible to believe that 1 holder is able to move the entire global market, surely this has happened before and people knew and could predict it. But all this analysis happens after the trustee dumps.
6k is minimum for bitcoin as mining is not worth it if the price will go lower than 6k usd. So there is no chance to go down to 3k. Mining is quite important in bitcoin price.
Do not say that, you can't be so sure cause there is every probability of it hitting $3k. Cause the market price of bitcoin is sometimes unpredictable and moreover, to me mining is so of overrated. It does not really determine the price of bitcoin. To OP, in as much that there is a possibility of this happening, yet those investors can't be the one to determine. They have sometimes predicted the next bitcoin price but it did not come to pass, I bet this will end up like the usually.
Well no can really predict anything in crypto. It can hit $20k when you are expecting it to drop to $3k and vice versa. The only thing you can do in crypto is Daily Cost Average. That way you don't buy at the top and average out your purchase price and also wont lose your mind if the price of BTC falls.
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