BTC will drop to $1000 --- you have been warned. - page 4.

figmentofmyass

legendary

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Quote from: fabiorem on June 04, 2018, 06:25:33 PM

Quote from: figmentofmyass on June 04, 2018, 06:20:07 PM

ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

$1000 means a redux of 2011.....certainly possible. but assuming it will happen?! beyond foolish. this long sideways on the daily looks like a recipe for a measured move to 2017 supports in the $2500-$3000 range. i'm not betting on any lower than that; the odds are too low.

i'd say there is a 5-10% chance of $1000 happening, at most. but yeah, it's a possibility.

Its a possibility that will last for only five minutes.

Nobody would let that pass. If bitcoin go to $1000 and ether to $0.01 I will stockpile both. It would be a gold rush.

yeah, if i see a waterfall through the last support area before the 2017 bubble ($2500-ish), i'm gonna have bids staggered throughout $950-$1250. that's one knife that's worth catching. probably the last chance to buy the dip ---like 2015 sub-$200. Wink

magneto

hero member

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First of all, how does a random crypto project have anything to do with bitcoin?

I agree that bitcoin is still probably on its way down and we haven't seen the bottom just yet, but there is simply nothing that would suggest bitcoin will drop below $1k at any time during this bear market. There would simply be so many people trying to stock up on cheap coins at that point, if it does happen.

It's important to note that the adoption numbers for bitcoin is drastically increasing every time there is a bull market, and that's the reason why that we actually haven't seen bitcoin drop to or below its price at the start of the bull market during a bear market. Instead, every time there is a bear market, prices bottom out at a level that is around double the starting price. $3-4k as a bottom is reasonable, but $1k simply is not.

Supercrypt

legendary

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Quote from: fabiorem on June 04, 2018, 05:53:25 PM

And ETH will go back to one dollar, when its bubble began.

I am actually looking at $0.5, not just one dollar. I totally dig all that you wrote and I sure understand the value last year hit a bubbled state, but calling some amount as to where bitcoin or Ethereum will end up reaching is total B.S.

No one knows, it may bounce back way above it, and it may even go lower. That is what a market is like and I do not know why you people cannot just understand there are some things that are called baseless predictions. Oh! You missed buying them at that value and you wish you can eventually get them.

This same type of thread popped up when bitcoin hit $15 if I am right and some wished it was over price and it should fall back to about $0.1. I hope their dream did come true or NOT! Do not get me wrong, anything is possible, but the chance of $1000 is pretty slim.

Pursuer

legendary

Activity: 1638

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Where is my ring of blades...

Quote from: eth9888 on June 05, 2018, 03:20:44 AM

Quote from: Pursuer on June 05, 2018, 01:49:16 AM

bullshit.

nobody can deny the chance that bitcoin may go back down to $1000 but at the same time there is the same chance that bitcoin can go up to $100000 before the year ends. and both of these prices have the same reasoning and same chance of happening behind them.

posting that silly chart that has been posted here a million times in a different form is not a valid reason it is just text to make the topic look longer than it really is.

No.

BTC doesn't go to the moon because you want it to.

the chance of going down to $1000 is NOT the same as btc going up to $100K before the year ends.
End of statement of fact.

who said I want it to go to the moon? it will go there but I want it to stay here and go lower as much as possible so I can dump my fiat into bitcoin and own a lot more bitcoin when the mass adoption hits.

and just because you call something "fact" doesn't make it a fact. as I said the chances are the same because you are basically making a guess. and as guesses go, you should also "guess" $100k by the end of the year.

ice18

hero member

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Merit: 542

Well its a good news if this will happen I will surely convert all my altcoins into btc and then hodl til end of the year which analyst says it will reach a new ath in december 2018.

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: eth9888 on June 04, 2018, 06:21:46 PM

Quote from: fabiorem on June 04, 2018, 06:08:32 PM

Quote from: eth9888 on June 04, 2018, 05:59:36 PM

No it's $100.

One dollar. Enjoy.

No it's $100.

Actually, it will be $0.01. Myself will buy a lot of ether too, it rises faster than bitcoin, and falls faster as well.

@alaji

newbie

Activity: 73

Merit: 0

I think that your earning has no strong backup to surport your point that Bitcoin market value will decline as low as $1,200 which i don't believe that Bitcoin will ever decline to such amount in the next few years to come.

1Referee

legendary

Activity: 2170

Merit: 1427

I am still waiting for the price to drop to $100 as promised back in 2016. Angry

Quote from: eth9888 on June 05, 2018, 05:32:57 AM

If it broke $6K could sell a bit to get ready for this worst case scenario.
$1K will happen over 2 /3 years, not overnight. Slow grind from $6K to $5K to 4,3 ...

Bitcoin doesn't break through previous main bottoms, the charts provide all the proof to back that up.

Another factor you don't seem to understand is that the retail investors only follow what the whales of this world do. It's always whales act first, retail investors second. If we look at the intensity of the panic back in February, then it's safe to say that if it was an actual retail investor driven dump, we would plummet back to $3000'ish levels, but we didn't. If you look at the charts, the massive correction stopped exactly a few hundred bucks above the previous main bottom.

People don't pay attention to bottoms, but the whales moving the market do. Wink

Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: eth9888 on June 05, 2018, 05:32:57 AM

If it broke $6K could sell a bit to get ready for this worst case scenario.
$1K will happen over 2 /3 years, not overnight. Slow grind from $6K to $5K to 4,3 ...

Thanks for "warning" on time, but even everything is possible when it comes to BTC such an outcome of events in my opinion it is not too likely to happen. So do you think price will only go down from now in next 2-3 years or there will be some pumps/bull traps on that path?

Everyone has the right to their own opinion, but this seems to me more like a FUD so some weak hands can decide to start selling. Warning is good only if there is convincing evidence that something could happen, but let's wait another few months and see how the situation will develop.

UnDerDoG81

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Quote from: eth9888 on June 05, 2018, 03:20:44 AM

Quote from: Pursuer on June 05, 2018, 01:49:16 AM

bullshit.

nobody can deny the chance that bitcoin may go back down to $1000 but at the same time there is the same chance that bitcoin can go up to $100000 before the year ends. and both of these prices have the same reasoning and same chance of happening behind them.

posting that silly chart that has been posted here a million times in a different form is not a valid reason it is just text to make the topic look longer than it really is.

No.

BTC doesn't go to the moon because you want it to.

the chance of going down to $1000 is NOT the same as btc going up to $100K before the year ends.
End of statement of fact.

No.

BTC doesn´t go to sub 1k because you want it to.

Aikidoka

sr. member

Activity: 1078

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Sinbad Mixer: Mix Your BTC Quickly

I do not why I get the feeling that I am in a movie, and you came and say "You have been warned". Bitcoin will never reach $1000 which I utterly am sure of. As a matter of fact, bitcoin has real big investors and businessmen who manipulate the price. You thought the price cannot be controlled? Therefore, it will not be beneficial for them if the price went down to $1000. That time has passed and we are expecting $20k again this year.

eth9888

full member

Activity: 291

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Quote from: Ararbermas on June 05, 2018, 05:03:36 AM

Good warning mate. But the question here is when? I think much better if there's a sign so that we can exit immediately to avoid further loss as well if that scenario happen.. By the way it's not a bad news IMO, 'cause it's a big opportunity also for us to buy back again especially to those who missed to train. .

If it broke $6K could sell a bit to get ready for this worst case scenario.
$1K will happen over 2 /3 years, not overnight. Slow grind from $6K to $5K to 4,3 ...

Ararbermas

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Activity: 2114

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Good warning mate. But the question here is when? I think much better if there's a sign so that we can exit immediately to avoid further loss as well if that scenario happen.. By the way it's not a bad news IMO, 'cause it's a big opportunity also for us to buy back again especially to those who missed to train. .

whirlcoin

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Quote from: Pursuer on June 05, 2018, 01:49:16 AM

bullshit.

nobody can deny the chance that bitcoin may go back down to $1000 but at the same time there is the same chance that bitcoin can go up to $100000 before the year ends. and both of these prices have the same reasoning and same chance of happening behind them.

posting that silly chart that has been posted here a million times in a different form is not a valid reason it is just text to make the topic look longer than it really is.

Yes anything can be possible in the crypto field so these price predictions are their own opinion but there is no proof that it will hapoen,If the price goes too $1000 then we habe chance to buy more bitcoins,so don't miss out the chance if that happened.

Kemarit

legendary

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As others have pointed out, it will be a perfect opportunity to re-stock our stash will multiple bitcoins BTC again. LOL. I love though to hear people really wanted to put a lot of pressure to the market and says this and that, however, when bitcoin proves them otherwise, they goes on a complete silence and their account hibernate for a long time and goes alive again when bitcoin is crashing. However, everything is really up in the air, no one thought that bitcoin can peaked at around $20,000 last year, so its fair to say that its possible to see it at $1000 again, but not sure though what percentage it will likely to happen. Grin

EnricoGomez

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You have your speculation of your own, I do have speculation on my own. I will still continue to put my trust and continue to hold off my coins, I still believe in the great potential of it.
Might the price be high or low, you can still get profit out of the volatility plus bitcoin has quite the advantages over fiat which can attract more investors, increasing the demand, reducing the supply and increasing the value. That is not that impossible for bitcoin to actually go higher than all time high less $20k again.

eth9888

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Quote from: Pursuer on June 05, 2018, 01:49:16 AM

bullshit.

nobody can deny the chance that bitcoin may go back down to $1000 but at the same time there is the same chance that bitcoin can go up to $100000 before the year ends. and both of these prices have the same reasoning and same chance of happening behind them.

posting that silly chart that has been posted here a million times in a different form is not a valid reason it is just text to make the topic look longer than it really is.

No.

BTC doesn't go to the moon because you want it to.

the chance of going down to $1000 is NOT the same as btc going up to $100K before the year ends.
End of statement of fact.

EdenHazard

legendary

Activity: 2674

Merit: 1048

This is included in the speculation, everyone is free to speak whatever they want to say. Bitcoin price up to $ 100,000, $ 250,000 end this year and now bitcoin price will $ 1000 a normal occurrence and should be advised.

Many people say bitcoin is an economic bubble or asset bubble which will explode and make the bitcoin price will continue to weaken. But one thing to be aware of, though bitcoin is a bubble and making the declining price bitcoin will remain a currency, and will still be used by everyone. Bitcoin is very useful and will continue to have benefits for someone who uses it.

Pursuer

legendary

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Where is my ring of blades...

bullshit.

nobody can deny the chance that bitcoin may go back down to $1000 but at the same time there is the same chance that bitcoin can go up to $100000 before the year ends. and both of these prices have the same reasoning and same chance of happening behind them.

posting that silly chart that has been posted here a million times in a different form is not a valid reason it is just text to make the topic look longer than it really is.

laluna24

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Quote from: bengsabeng on June 04, 2018, 11:15:47 PM

I do not think bitcoin prices will go that far, bitcoin prices will not fall below $ 6k.
I really hope it will not happen.

Literally no one knows what will happen, well in case price of bitcoin goes to $1k I think many users will buy at this price. Once bitcoin goes down other altcoins will down just like ethereum but whatever happens I am positive in crypto to soar high this year.

Topic: BTC will drop to $1000 --- you have been warned. - page 4. (Read 837 times)