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Topic: BTC will drop to $1000 --- you have been warned. - page 6. (Read 809 times)

legendary
Activity: 1526
Merit: 1179
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.
full member
Activity: 291
Merit: 105
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

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