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Topic: BTC will drop to $1000 --- you have been warned. - page 3. (Read 829 times)

sr. member
Activity: 1330
Merit: 291
Well, i don't believe that your prediction will come to fulfilment because your analysis is base on only the technical analysis without considering the fundamental spect of analysis.
full member
Activity: 378
Merit: 100
YES!! More cheap coins. Grin

I will literally put 95% of my entire fiat savings in Bitcoin if so. I am however realistic enough to know that we are probably not even going to see anything below the $5000 mark, so how viable is dreaming of $1000 then?

Bitcoin was shown 1:1 with these bubble charts even when it was worth just $500 a pop, so how many more times will people keep rehashing this? Bitcoin isn't a traditional asset, and not a company.

Bitcoin is the representation of how the regular economy keeps failing. The more the regular economy implodes, the more Bitcoin's 'bubble' grows in size. In other words, Bitcoin grows because of how the system fails.

More cheap coins then it only means that there will be more coins to inves but i read a different news, there are articles saying that bitcoins will reach $50k dollar at the end of 2018 and that's what i believe as well to happen in the future.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I do not expect it, and I do not think anyone expects the price to be accomplished on bitcoin. I'm sure, bitcoin bitter prices will continue to rise, and most likely the price will exceed the $ 10k price this year.
sr. member
Activity: 742
Merit: 250
Most bitcoin "investors" are still in the phase of denial that the bubble has burst - this is the best proof that price will continue to go down. Too much unjustified optimism in the market.
It's done and over.
Bitcoin is going to fall back to $6.5K very soon and this time it would break the support and price would push back to where the bubble began -- $1.2K

Look at the graph below, we are just in the middle of the correction.

You have been warned!



No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

Yes! thanks for pointing this out.
The whole market is full of scam coins and rubbish ICOs

Could you believe a coin with a plagiarised white paper could have reached $12B market cap?!

It's still ranked as the 10th largest market cap coin today with a market cap of nearly $4B.

Honestly, I wouldn't even give this coin a $100M market cap

This is how much BS the market has come to!!

BTC and ETH are representatives of crypto market which is full of BS at the moment


I personally don't agree with what you said OP cause the graph you provided doesn't give enough proof that the bitcoin will definitely dump to the $1.2K price range which Bitcoin was before the increased traffic. Besides, I don't see any reason for that to happen cause a lot of banking sectors are now working with cryptocurrency exchange in other to make Bitcoin and altcoin better.
Pls stop the FUD.

This graph is old too. Bitcoins price chart no longer looks even close to that other chart, there has been a lot of sideways movement. This picture was made when BTC was around $13k or something like that.

Hey OP, why don't you provide an updated picture ishowing BTCs current price chart?
I don't know how to read graph but I knew the graph was not correct because a kind of person that forecast bitcoin price using the fundamental knowledge and news skills and base on my knowledge the dip mention can't occur. Let's just wait for the OP maybe he/she is going to provide an updated graph.
it's really true and we all do not believe in the graph because the graph is old and old. so we'd better wait for the OP to issue its newest graph
member
Activity: 119
Merit: 19
hero member
Activity: 1344
Merit: 502
It really depends on demand if that should decrease enough then the price could tumble but $1,000 is probably not realistically possible but it would represent an incredible buying opportunity if so!
hero member
Activity: 840
Merit: 500
There's so many predictions but still bitcoin is on 7k price i think much better to enjoy what bitcoin price have if the price go down then buy more and if the price goes up buy more too. Because if always think that bitcoin is dropping it's look you creating a fud news too and people will panicking to make this happen. I know it's your own prediction and own opinion but why we can't believe that bitcoin will grow more than to thinking that bitcoin will drop?
Possibalities are therefore, no doubt, but i think that in current time bitcoin is so much strong and even becoming more stronger because of the increasing interest of the people hope that bitcoin price will continue increasing for a long long time, and is not going to decrease.
sr. member
Activity: 602
Merit: 255
But I would not accept your points . Bitcoin is fluctuates in the 7000$ range and it is very hard to reduce below 6500$.From my point of view,it will be the impossible one to reach 6500$.Then it will not fall back to the 1,000$.If that happens,it will be the biggest opportunity for investors.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
no one knows how the future. because there are still many who buy this bitcoin signifies, its meant the sale and purchase of bitcoin are still in demand. and that certainly affects the market price
legendary
Activity: 1652
Merit: 1483
If bitcoin does drop to $1000, which probably won't happen, then I think that most people here would know that it would be a signal for accumulation. Prices at that level is simply way too cheap to not buy at, in my opinion.

only the true bitcoin believers.....even among people who say they'd buy at $1000, the vast majority will cower in fear when the time comes. they'll pull their bids and figure that BTC is dead. that's just how markets work; very few people are permitted to buy the bottom.

There is nothing that would say that your graph on the bottom is applicable to bitcoin, in 2018. In fact, throughout bitcoin's history, I don't think that we've seen a bear market that has ended with a price less than or equal to that of the start of the run up. Every single time, prices have consolidated above that figure.

yup, it would break the long term log trend. that would kill a lot of dreams!
hero member
Activity: 1526
Merit: 596
If bitcoin does drop to $1000, which probably won't happen, then I think that most people here would know that it would be a signal for accumulation. Prices at that level is simply way too cheap to not buy at, in my opinion.

There is nothing that would say that your graph on the bottom is applicable to bitcoin, in 2018. In fact, throughout bitcoin's history, I don't think that we've seen a bear market that has ended with a price less than or equal to that of the start of the run up. Every single time, prices have consolidated above that figure.

We will probably adjust a bit more from the $7k mark, but I don't see BTC losing 95% of its value from the peak during this dump.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
Most bitcoin "investors" are still in the phase of denial that the bubble has burst - this is the best proof that price will continue to go down. Too much unjustified optimism in the market.
It's done and over.
Bitcoin is going to fall back to $6.5K very soon and this time it would break the support and price would push back to where the bubble began -- $1.2K

Look at the graph below, we are just in the middle of the correction.

You have been warned!



No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

Yes! thanks for pointing this out.
The whole market is full of scam coins and rubbish ICOs

Could you believe a coin with a plagiarised white paper could have reached $12B market cap?!

It's still ranked as the 10th largest market cap coin today with a market cap of nearly $4B.

Honestly, I wouldn't even give this coin a $100M market cap

This is how much BS the market has come to!!

BTC and ETH are representatives of crypto market which is full of BS at the moment


I personally don't agree with what you said OP cause the graph you provided doesn't give enough proof that the bitcoin will definitely dump to the $1.2K price range which Bitcoin was before the increased traffic. Besides, I don't see any reason for that to happen cause a lot of banking sectors are now working with cryptocurrency exchange in other to make Bitcoin and altcoin better.
Pls stop the FUD.

This graph is old too. Bitcoins price chart no longer looks even close to that other chart, there has been a lot of sideways movement. This picture was made when BTC was around $13k or something like that.

Hey OP, why don't you provide an updated picture ishowing BTCs current price chart?
I don't know how to read graph but I knew the graph was not correct because a kind of person that forecast bitcoin price using the fundamental knowledge and news skills and base on my knowledge the dip mention can't occur. Let's just wait for the OP maybe he/she is going to provide an updated graph.
legendary
Activity: 2058
Merit: 1015
To be honest I wan't to see a higher price but if things like you've said will happen and so what? It's an oppurtunity to buy more at a cheaper price, isn't it? For me, price won't go low as $1000. Not all you can see and expecting is true and about to happen. Sometimes what will going to happen is the unexpected and btc is good at it.
Mr
sr. member
Activity: 309
Merit: 250
Well, many people have learned about bitcoin charts and it is useless to make any annoucement about bitcoin. You need to know that it is hard to understand how bitcoin goes. Even when you spend a lot of time to analyze it, you can never know what it will bring us. It is just a suggestion for us, no harm, no use
full member
Activity: 812
Merit: 100
There's so many predictions but still bitcoin is on 7k price i think much better to enjoy what bitcoin price have if the price go down then buy more and if the price goes up buy more too. Because if always think that bitcoin is dropping it's look you creating a fud news too and people will panicking to make this happen. I know it's your own prediction and own opinion but why we can't believe that bitcoin will grow more than to thinking that bitcoin will drop?
copper member
Activity: 40
Merit: 0
There is no way btc price will drop to $1000. We will soon experience price surge in the crypto world.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Most bitcoin "investors" are still in the phase of denial that the bubble has burst - this is the best proof that price will continue to go down. Too much unjustified optimism in the market.
It's done and over.
Bitcoin is going to fall back to $6.5K very soon and this time it would break the support and price would push back to where the bubble began -- $1.2K

Look at the graph below, we are just in the middle of the correction.

You have been warned!



No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

Yes! thanks for pointing this out.
The whole market is full of scam coins and rubbish ICOs

Could you believe a coin with a plagiarised white paper could have reached $12B market cap?!

It's still ranked as the 10th largest market cap coin today with a market cap of nearly $4B.

Honestly, I wouldn't even give this coin a $100M market cap

This is how much BS the market has come to!!

BTC and ETH are representatives of crypto market which is full of BS at the moment


I personally don't agree with what you said OP cause the graph you provided doesn't give enough proof that the bitcoin will definitely dump to the $1.2K price range which Bitcoin was before the increased traffic. Besides, I don't see any reason for that to happen cause a lot of banking sectors are now working with cryptocurrency exchange in other to make Bitcoin and altcoin better.
Pls stop the FUD.

This graph is old too. Bitcoins price chart no longer looks even close to that other chart, there has been a lot of sideways movement. This picture was made when BTC was around $13k or something like that.

Hey OP, why don't you provide an updated picture showing BTCs current price chart?
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
Most bitcoin "investors" are still in the phase of denial that the bubble has burst - this is the best proof that price will continue to go down. Too much unjustified optimism in the market.
It's done and over.
Bitcoin is going to fall back to $6.5K very soon and this time it would break the support and price would push back to where the bubble began -- $1.2K

Look at the graph below, we are just in the middle of the correction.

You have been warned!



No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

Yes! thanks for pointing this out.
The whole market is full of scam coins and rubbish ICOs

Could you believe a coin with a plagiarised white paper could have reached $12B market cap?!

It's still ranked as the 10th largest market cap coin today with a market cap of nearly $4B.

Honestly, I wouldn't even give this coin a $100M market cap

This is how much BS the market has come to!!

BTC and ETH are representatives of crypto market which is full of BS at the moment


I personally don't agree with what you said OP cause the graph you provided doesn't give enough proof that the bitcoin will definitely dump to the $1.2K price range which Bitcoin was before the increased traffic. Besides, I don't see any reason for that to happen cause a lot of banking sectors are now working with cryptocurrency exchange in other to make Bitcoin and altcoin better.
Pls stop the FUD.
sr. member
Activity: 1120
Merit: 263
Sovryn - 300-500% APY on USDT Deposit
As I was tired of similar forecasts. Why in general to try to impose the point of view about it? I was and I remain supporter of the fact that the cost of a coin can't be counted.
sr. member
Activity: 980
Merit: 255
While the chances of that happening are very low, that is only bad news if you invested all your money in bitcoin and that was money you could not afford to lose, for everyone else that will be good news since we will be able to buy bitcoin for cheap once again and it will be possible that we will get massive profits once again once the price skyrockets, right now it seems the time of great profits seems to be behind us because even if bitcoin reached its previous all time high you will only come close to triple your money.
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