BTC will be back in $1,000 ? - page 3.

killerfrost

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Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! Cry

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.
Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Undecided

It's crazy when you say this. This will never happen to Bitcoin. Although its price has declined, I believe it will increase in the future as countries are slowly adopting it as a formal trading method.

BigBos

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I do not know, I hope it will never happen, because if something goes wrong in August, I think it might happen, but hope it does not happen. All we can do is produce bitcoin

ASHLIUSZ

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Quote from: JosNekoKopa on July 13, 2017, 06:10:08 AM

One thing i have learned on my skin not so long ago it was things are always different from expectations, and i believe this "situation" will be done smoothly and it will bring only good even better healthier rise. All unnecessary speculations are in order to cause instability, nothing more.

Bitcoin and majority of the other digital currencies were purely speculative. This makes the fluctuations happen in a manner creating panic mindset among the users through the uncertain nature of the system. I firmly trust that the price won't fall to $1000 or below that at any situation as the increase in users will create a demand for bitcoin causing a price increase rather than decrease.

JosNekoKopa

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One thing i have learned on my skin not so long ago it was things are always different from expectations, and i believe this "situation" will be done smoothly and it will bring only good even better healthier rise. All unnecessary speculations are in order to cause instability, nothing more.

Krimster

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If we finally get no Segwit, no UASF, no nothing, colour me disappointed...it is pretty much a prove that Bitcoin will never move forward, and never reach mass usage, as current implementation precludes it. For me, it is only a matter of time before some altcoin dethrones it. And please, don't start arguing saying "but none uses other coins". That can change very quickly, specially once enough people realize that actually using crypto is far simpler than using a bank account.

Janation

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Quote from: Wayan_Pedjeng on July 12, 2017, 11:59:23 PM

If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.

But I don't think to see these price now, because if the bitcoin price will be hitting these low, it is starting now to dump.
I think if it will be dumping it will be just at $1000 but will not go down in that line.
With a lot of users and investors of bitcoin, it is really impossible to happen.

deisik

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Quote from: 1Referee on July 13, 2017, 03:24:13 AM

Quote from: Wayan_Pedjeng on July 12, 2017, 11:59:23 PM

If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.

In case both chains remain active, which requires the alt chain to have a decent bit of support from certain miners, the alt chain will not have a value equal to the 'real' Bitcoin. In that case, it all comes down to what the market is willing to pay for that altcoin. Aside from the initial phase (where a pump might become reality due to the low number of circulating coins at that moment), I don't think this altcoin will end up holding more than 10% of the 'real' Bitcoin value. But these split speculations are as they are, just speculations, and thus don't hold any real value at this point. We may very well not experience a chain split at all

And we may not see SegWit2x either

Let alone just plain good new SegWit (which would obviously be a preferred option for ordinary users) as the matters stand now. In fact, it is a rather gloomy scenario for Bitcoin in the long run, though in the short term it may be somewhat beneficial. I mean to say that the price won't crash since there is no more escalating confrontation between the interested parties and thus no dumping war that would likely ensue (they get postponed for at least a few months). But there is no definite and final resolution of the current showdown either, which would be sort of healthy catharsis for Bitcoin

1Referee

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Quote from: Wayan_Pedjeng on July 12, 2017, 11:59:23 PM

If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.

In case both chains remain active, which requires the alt chain to have a decent bit of support from certain miners, the alt chain will not have a value equal to the 'real' Bitcoin. In that case, it all comes down to what the market is willing to pay for that altcoin. Aside from the initial phase (where a pump might become reality due to the low number of circulating coins at that moment), I don't think this altcoin will end up holding more than 10% of the 'real' Bitcoin value. But these split speculations are as they are, just speculations, and thus don't hold any real value at this point. We may very well not experience a chain split at all.

iamTom123

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One thing for sure...Bitcoin is a very unpredictable beast. Yes, there is a possibility (no matter remote) that Bitcoin can even go as low as $500 just because we all follow where the market is going. If one day, the market forces would dictate that it can go as low as that so let it be. However, I do strongly believe that Bitcoin will resist going down to that level and even your proposed $1000.

Yes, there is a big possibility that it can go as low as $2000 just before the August One event, but it will rise back so after that. That is just my prediction and and just another speculator here whose opinion can soon be worthless. Basically, I believe that Bitcoin is still possessing the correct fundamentals that can help it weather all the dark storms hovering on its skies.

Despite the many challenges of Bitcoin, let us all hope for its better and more rosy future.

Wayan_Pedjeng

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If there is a 50-50 split on August 1, then we can expect the combined market cap to take a hit. The current $40 billion market cap can dive to as low as $20 billion, or $10 billion for each coin. If that happens, then the exchange rates will be around $600 per coin.

Question123

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They have possible to see bitcoin pricr back again to the 1000 dollars because like next month august 1 the price maybe will go down because bitcoin split or turn into so the orice possible turn into half. But I suggest instead of selling and saying bitcoin decrease I think this the right time to buy bitcoin because for sure you will make a lot of profit in the future. More bitcoin that you have more money come to you.

itsallpc

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Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! Cry

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.
Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Undecided

Volatility is the main nature of bitcoin.But bitcoin has investors spread world wide now.We could see there is always a huge demand for bitcoins.So,in today's condition,i think its hardly impossible for bitcoin to return to $1000.Instead,after segwit activation,it may increase more in price.

meebs

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Quote from: BCTBF on July 11, 2017, 04:34:55 AM

Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.

All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic.

Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300. Roll Eyes

Anything is possible with bitcoins as price is going down continuously now so we may see price going below $2k in coming days but I don't think that there will be massive price crash which can take back it to $1k but be ready for some more decline in price in next few days.

BCTBF

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Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.

All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic.

Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300. Roll Eyes

celested

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Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! Cry

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.
Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Undecided

Yes, the value of bitcoin is constantly decreasing, people are worried about its future, so they start selling it. This is affecting the entire crypto market.

The_Dark_Knight

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Quote from: Amph on June 30, 2017, 03:00:51 AM

anyone believing that a huge drop like this one could ever happen did not understand at all what adoption is, and why the current value is so high

bitcoin in japan is like fiat now, they are using it like legal currency, and there is no going back to this, this situation can only get better from now

the value reflect that, there is no way that we are falling under 2k anymore let alone 1k, just a delusional dream

In normal circumstances I will agree with you but you and I know that the value not only depends on fundamentals, it also depends on how confident people feel about bitcoin and at the moment there are mixed feeling towards bitcoin, segwit activation seem on the horizon but also a hard fork.

YuginKadoya

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Quote from: Maheshkumar_Hrangkhawl on July 02, 2017, 08:33:47 AM

Quote from: Cobalt9317 on July 01, 2017, 04:58:30 AM

I only worried about BTC could rise to the maximum limit that I couldn't even buy a single fraction of it. nevertheless this is something we all should looking forward for.

To be honest, I am more worried about this happening rather than BTC going down to $1,000 per coin. Right now, I have only a few mBTCs in my wallet. I am gradually increasing my BTC holdings, but it takes a lot of time and effort. My biggest worry is that BTC will rise too fast too soon. Then I will be having too few BTCs to cash out.

Yup worry about if bitcoin would go up to the maximum capacity, well newbie will have a hard time taking up the ride over bitcoin, even if I want bitcoin to really go further beyond the limit, it is better to keep it slow, so we can really take the plunge in keeping a great buying and selling so we can have an exploitation towards bitcoin fluctuation over it's changing price.

X-ray

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Quote from: BlackPanda on July 02, 2017, 08:07:57 AM

Quote from: CoinFoxs on July 02, 2017, 07:48:23 AM

Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! Cry

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.
Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Undecided

No price will stay at 2400$ and after 2 3 weeks price start increasing and again reach 3000$ but i don't think so that price will drop from 2400$ t0 1000$, bitcoin will grow definitely by time.

We can be sure whether the price will increase or decrease. Look at the current market then there is no movement at all. We can only wait, the nearest time is the 1st of August where at that time there will be an important decision.

THe bitcoin market is very stable right now, Looks the demand goes in another coin try to back to the bitcoin again. The more poeple are trying to sell the portfolio to get bitcoin and wait until the next bear will happen,
but there is no statement that said the 1 august the hardforj will be happened.

Maheshkumar_Hrangkhawl

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Quote from: Cobalt9317 on July 01, 2017, 04:58:30 AM

I only worried about BTC could rise to the maximum limit that I couldn't even buy a single fraction of it. nevertheless this is something we all should looking forward for.

To be honest, I am more worried about this happening rather than BTC going down to $1,000 per coin. Right now, I have only a few mBTCs in my wallet. I am gradually increasing my BTC holdings, but it takes a lot of time and effort. My biggest worry is that BTC will rise too fast too soon. Then I will be having too few BTCs to cash out.

novemberwoah

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Quote from: CoinFoxs on July 02, 2017, 07:48:23 AM

Quote from: cryptocoinplay on June 26, 2017, 04:48:26 AM

So...The price is moving around $2,400 now-a-days and dropped from $3,000 & What about the future...Is going down to $1K maybe! Cry

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.
Its been risky to receive payments in Bitcoin now. The price may drop more and make you beggar overnight. Undecided

No price will stay at 2400$ and after 2 3 weeks price start increasing and again reach 3000$ but i don't think so that price will drop from 2400$ t0 1000$, bitcoin will grow definitely by time.

If bitcoin really will be back in the $ 1,000 that means bitcoin experienced the largest drop in the history of bitcoin. Because previously the bitcoin price never dropped that much, and I'm sure it will not happen. I agree with you that the price will remain at $ 2,400 and if the price should fall again, I am sure it will not be below $ 1,700. But I do not think prices will go that far and sooner or later the price will rise to $ 3,000 again. Indeed anything can happen to bitcoin prices because the price is very volatile, but I believe with the progress of bitcoin at this time.

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