The price of bitcoin will not go down further than 2800-2700 USD. Now is almost at its bottom, it is going to decrease a little the next month and then will start to increase a little. This is the bitcoin evolution for the next two years (increasing little by little). I would be happy for the price of bitcoin to decrease down to 1900 USD but it is very improbable.
I have same opinion in this regard. The lowest value that bitcoins will touch is going to be 2500 dollars at most. However, I think after this dump the prices will become a little stable and make good increments not abruptly. I also want the value to get as low as possible so that I can buy more bitcoins in lesser amount. 
Topic: Calling the bottom here. Currently at $3344 (Read 2152 times)
If it drops below $2k, how long until the big players return, and how high do you think it will go. Seems to me that Wall Street and the Chinese brought it down, and they will be the ones to jump back in first. Seems to be just a matter of time and BTC will be right back to $4k+.
Of course it'll return to $4k+ and it's only a matter of time. Though whether this timeframe is going to be measured in days, weeks, months, or years is up for debate here. I think that $4k+ is probably going to come in the next few months, but it's only going to be temporary.
$1900 in 5 days seems a bit too pessimistic.
If we're talking about the next 5 days i don't think it is likely price is going to go any lower than $3k. If we extend that timeframe to 1 month, then maybe 2.5k is possible. For bitcoin to lose 60% of its value from the ATH will take some serious time and dumping.
on bitcoinity. On coinmarketcap it is $3372. It is jumping around pretty quickly.
I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
Bottom shouldn't be that low for this month at least. It oculd be that low next month but this month $3k is going to be the lowest we are going to go it seems. Chinese exchanges aren't going to start shutting down process until the end of this month either.
But i'd say $1900 bottom could be possible next year if the markets turn extremely bearish.
Of course though, it'll be a great buy. Though if it went down to sub-$2000 it should go down further than just $1900, perhaps bottoming out at $1000-1500.
If it drops below $2k, how long until the big players return, and how high do you think it will go. Seems to me that Wall Street and the Chinese brought it down, and they will be the ones to jump back in first. Seems to be just a matter of time and BTC will be right back to $4k+.
on bitcoinity. On coinmarketcap it is $3372. It is jumping around pretty quickly.
I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
I don't think that it's going to go that low by any means.
The lowest i think is going to be $2500 at the very worst and probably not going to touch that for this month. Right now the trend is bullish and should continue for the rest of the month. For next month we could potentially see lower prices because of the shutdown of exchanges in China but should not be that much lower.
Minimum should be around $2k, but again i don't think it'll go there even under the worst circumstances.
People actually thinking it's going to drop below 2k 
I think that's not going to happen, besides all I can say still hold on to bitcoin then but a huge of it or buy as long as y octavou can afford to buy. Though, bitcoin dumped near closed to 30% average, but no worries.I do not know that, do you think the price of Bitcoin will pump easy than dump by FUD?
If easy like your said, the price of Bitcoin will reach to $5,000 or $10,000 in this month, it does not need to dropped down bellow $2,900 in past days.
People actually thinking it's going to drop below 2k
It can't get below $3000, and in my last check today, it is up to its price again $3764, which means before the week runs out the price might get up to $4000. So, let us seat back and watch bitcoin gets to the moon.
We're getting close to a massive rebound.
Current market price movement is almost the same as 3 months back already but I highly doubt BTC would drop to less than $1800 at least in this year. There's still Segwitx2 to play out and definitely a lot of uncertainty but BTC will stay strong.
We'd been seeing too much speculation at this moment, i doubt what will really the final drop value of btc, but as much as possible I hope it stop now. If it falls too dip, it might gets too late to recover. 
Current market price movement is almost the same as 3 months back already but I highly doubt BTC would drop to less than $1800 at least in this year. There's still Segwitx2 to play out and definitely a lot of uncertainty but BTC will stay strong.
on bitcoinity. On coinmarketcap it is $3372. It is jumping around pretty quickly.
I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
Nothing to worry about it, tho (as we can see from the past how bitcoin gone through these kinds of situations). It is even a great news since we can buy and collect bitcoin. I can see this drop to be stable at $3000 for a week or two. After that, expect it to rise up again like a rocket.I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
This is a very basic concept in economics (specifically the law of supply and demand), my friends. Big whales are joining the bitcoin market, thus making the btc price to drop for a while. The price of any product/service tend to fall when there's a high supply (e.g. more btc owner are selling their bitcoins because of their fear and other reasons) and low demand. Once a lot of people buy these bitcoins for sale, then expect the bitcoin price to get stable (since the supply and demand will become equal). Then when the supply of bitcoins for sale reach its lowest, that's the time that the price of bitcoin will rise up.
on bitcoinity. On coinmarketcap it is $3372. It is jumping around pretty quickly.
I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
In my opinion, i'm calling the stable price will be around $2500. I dont really like calling it the bottom though we can't predict whether the market has reach a bottom or top unless it reverse back. But the price surge since july had make bitcoin overpriced, and i think its normal if bitcoin going back to its stable price in july I call the bottom at $1900 in 5 days before it stabilizes for a least a little bit.
This is still way up for the year. It started out the year under $1000.
People actually thinking it's going to drop below 2k
I think that's not going to happen, besides all I can say still hold on to bitcoin then but a huge of it or buy as long as y octavou can afford to buy. Though, bitcoin dumped near closed to 30% average, but no worries.
$3,040 and dropping fast.
2nd Chinese exchange calling for shutter by 9/30.
Having literally JUST entered the market, and set up all my tools to buy, I am quite happy.
Living in China currently as well, $1 noodle bowls on me if I can buy below $2,000!
Here's hoping to an even more epic drop in the next 72 hours.
Sincerely,
- Stoked Newbie!
2nd Chinese exchange calling for shutter by 9/30.
Having literally JUST entered the market, and set up all my tools to buy, I am quite happy.
Living in China currently as well, $1 noodle bowls on me if I can buy below $2,000!
Here's hoping to an even more epic drop in the next 72 hours.
Sincerely,
- Stoked Newbie!
People actually thinking it's going to drop below 2k
I think that's not going to happen, besides all I can say still hold on to bitcoin then but a huge of it or buy as long as y octavou can afford to buy. Though, bitcoin dumped near closed to 30% average, but no worries.
BTC down to $3100 on coinmarketcap and its not even start of the weekend yet.. holy shit its gonna be worse than ppl predicted
Let the panic stay for a little longer. It really won't be bad for the latecomers. They can get benefit from the down trend.
and they will be more attracted when seeing the value is dropping that hard, looking back 5-6 months ago btc still in good shape and its really a big jumpedthat happen so with this current value we will be able to see more downfall if Chinese continues chasing those exchange that facilitated from their jurisdiction
maybe we will see deeper than what we think.
The price of bitcoin will not go down further than 2800-2700 USD. Now is almost at its bottom, it is going to decrease a little the next month and then will start to increase a little. This is the bitcoin evolution for the next two years (increasing little by little). I would be happy for the price of bitcoin to decrease down to 1900 USD but it is very improbable.
Let the panic stay for a little longer. It really won't be bad for the latecomers. They can get benefit from the down trend.
many people have missed their prediction including me but this is a good moment for big whales to buy bitcoin in cheap price. but it seems the price is still down and many people still panic to see the price is up and down and down again. i hope that the price can comeback and reach the highest price again. we still have many time to see the highest price, just be patience guys.
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