Can Bitcoin come down to $1500 again?

AidenCasanova

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Quote from: SailorCoin on December 30, 2017, 05:54:56 PM

I dont think so. The value of Bitcoin is actually so high, over 15000$ and still hyped. SO many people want to buy bitcoin and just waiting fr the dumps. When bitcoin would crash, it would crash maximum of 50% because so many people would rebuy and rebuy Wink

i'm agree with you
if i can add technical analisis, 38.2 from fibo retracement still a valid support position
if this level break, it will hold at 50
8000 is strong support level, but until today it hold above 11k

prabhu

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No chance for this are very few.The Bit coin value became more popular among people after 10k increased.Most people invested on the Bit coin.Bit coin is one of the most important in the world.This does not mean that the value will not decrease.Instead the price goes beyond 50k.

SailorCoin

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I dont think so. The value of Bitcoin is actually so high, over 15000$ and still hyped. SO many people want to buy bitcoin and just waiting fr the dumps. When bitcoin would crash, it would crash maximum of 50% because so many people would rebuy and rebuy Wink

TERA2

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It would happen in a flashcrash on a single exchange for 5 seconds, like the $100 in 2014

Duzter

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Bitcoin reaching a value as low as $1500 is really impossible. If the same takes place surely the technology or the innovation behind bitcoin will get termed to be a failed one. Moreover altcoins will lead the cryptocurrency network which will not be good for a innovative network.

aeternus

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Quote from: EcoChavCrypto on December 19, 2017, 06:26:23 PM

$1500? No, maybe you forgot a few zeros in there, $15000 might be a good price, maybe that is the real price of bitcoin and it needs to be in there forever.

Probably no one in here likes this kind of volatility on the market.

A few days ago i sent $300 as a payment to a guy who sold me a smartphone that i bought for my mother, i go to the blockchain and it is now worth $375, do you see why this can not be volatile as this forever?

I am not greedy, i am just talking about the facts.

Even if it drops a little, will you commit suicide? a little drop is nothing, but yes, if it comes back to $1500 a lot of people will kill theirselves, just like it happened on 2013.

The volatility is going to be with bitcoin for a lot of time and this is not going to change that is the risk we take when investing in bitcoin, the opposite could have happened the bitcoin could be worth less and you will be happy since you were the winner in the trade, however if you are not comfortable losing money with bitcoin in that way the only thing you can do is to hold your bitcoin.

EcoChavCrypto

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$1500? No, maybe you forgot a few zeros in there, $15000 might be a good price, maybe that is the real price of bitcoin and it needs to be in there forever.

Probably no one in here likes this kind of volatility on the market.

A few days ago i sent $300 as a payment to a guy who sold me a smartphone that i bought for my mother, i go to the blockchain and it is now worth $375, do you see why this can not be volatile as this forever?

I am not greedy, i am just talking about the facts.

Even if it drops a little, will you commit suicide? a little drop is nothing, but yes, if it comes back to $1500 a lot of people will kill theirselves, just like it happened on 2013.

batang_bitcoin

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It can come down and it's not impossible but the fact that bitcoin went through different levels of test and the price gets higher and higher from time to time, I doubt it that we will be heading back again. Bitcoin is moving forward though I understand the idea of those people that wants to earn and wants to get in to bitcoin with a lower price, I'm sorry about that but I really don't think it will happen though it's possible.

aeternus

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Quote from: marcbitcoins on December 14, 2017, 09:04:13 PM

Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Anything is possible and there are lot of ways to reach this drop. If a group of billionaires will conspire to sell all their bitcoins to make it fall and put to other coins, we called this pump and dump event. Also, if there is a world war III in which capable of destroying anything including species then bitcoin will become useless.

The scenario where whales sell their bitcoin to crash the price so much is not possible they are going to lose a fortune if they try to do maneuvers like that, whales are nor going to risk everything they have won by trying to crash the price that much that is only going to benefit other people trying to become whales as well, why they should make it cheaper for another person to become a whale.

GoodLuck2

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Quote from: Fuhre on December 15, 2017, 02:25:27 AM

Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Seeing the achievement of all this I do not think is possible, but if bitcoin is not in need of peoples could have happened dude.

Quote from: cfkvfyjd on December 09, 2017, 03:20:11 AM

you are sure, up to 1500 or 15000, in the first case this is not realistic, in the second one it can be temporary.

The OP really seriously asks if the bitcoin could go back down to $1500.OP may expect to buy more when the price of $1500. lol

1500$ is so low mate and going down at so low is now impossible see the price it is already up to 18k and you are asking to the decline of 17k it is not admissible by the investor community because they invested and gave strength to the bitcoin and now they don’t want to see prices go high and the rise will continue because more regions will accept bitcoin in coming days so I don’t see 0.01% possibility of 1500$ again.

richardsNY

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Quote from: musliyevich on December 15, 2017, 12:34:59 PM

if bitcoin back into 1000$ will be like bubble and no one will use it.

People will always keep using Bitcoin, that's pretty much guaranteed. The only thing where you're right is that if the price happens to go down to such lower levels, it confirms that current levels are nothing more than a bubble. But gladly, this is something that will not happen, unless the massive demand for Bitcoin miraculously sinks to the absolute bottom. Currently we've made far too much progress to fall back down, where in current time and day it's more likely to see the price go up further than going down. Wall Street is knocking on the door, which will push Bitcoin to newer highs, especially if institutions take long term positions in Bitcoin.

randythered

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

I think unless bitcoin is completely finished we won't see 1500 dollars ever again, if it crashes I don't expect such a harsh fall and I think we will recover. The only way it will go to $1500 is if it is going to 0 or as good as 0.

fulmetal08larz

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Bitcoin's price going down to $1.5K is possible only if the economy collapsed and another World War started, or, if Internet is gone. Digital Assets by that time would be of no value anymore. There is a possibility but a very low chance of it happening. If ever none of these happened, the price going down will be unlikely and temporarily, because there are many buyers who are waiting to grab a piece at a discounted price which will get the price back up again.

musliyevich

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

down to this range is so hard because we have massive demand who control price.

if bitcoin back into 1000$ will be like bubble and no one will use it.

Fuhre

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Seeing the achievement of all this I do not think is possible, but if bitcoin is not in need of peoples could have happened dude.

Quote from: cfkvfyjd on December 09, 2017, 03:20:11 AM

you are sure, up to 1500 or 15000, in the first case this is not realistic, in the second one it can be temporary.

The OP really seriously asks if the bitcoin could go back down to $1500.OP may expect to buy more when the price of $1500. lol

Kingofbitcoin12345

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Don’t ask for it because if that happens this won’t be a good sign.. It would be the end of it and you want that,, right? I can’t blame you,, All of us badly wanted to invest on dip but at a reasonable and a price that it can recover.. That much of a decrease is a disaster that you might regret for a long time.. You can invest at 10000$ to 12000$ if possible and that’s it..

AnonBitCoiner

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Quote from: Drixy on December 14, 2017, 08:46:44 PM

Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Its impossible to go back at that stage it will only if some manipulations have been declared or planned and maybe some regulations have been implemented on some countries. But users or the quantity of users alone isnt enough to get bitcoin at that price.

Ha ha.I don't think bitcoin will reach $1500 ,it's seems to be joking. Are you saying it will fall from 17000$ to 1500$,I don't it's possible. If so ,even I was happy. Because I will sold my house and inverse in bitcoin. Because I know it again raise to 17000$ again.

btcmegastar

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We cannot predict whether it will go high or whether it will go low because it is completely based on people who want dump their coins. Many people are holding the coins because they think that Bitcoin price can increase even more value.

Inkdatar

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Quote from: lablab03 on December 15, 2017, 12:03:45 AM

Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

maybe cause bitcoin always fluctuate and we cant say bitcoin valued will never decrease again because of its volatility .as of now the growth rate of bitcoin still increasing . Maybe soon it will fall like what happened Last week.

Its hard to say bitcoin price will come down to $1500. Price is currently surges up yet very volatile it may decrease or increase. We cant really predict maybe we should stay tuned on observing the market.

lablab03

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

maybe cause bitcoin always fluctuate and we cant say bitcoin valued will never decrease again because of its volatility .as of now the growth rate of bitcoin still increasing . Maybe soon it will fall like what happened Last week.

marcbitcoins

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Anything is possible and there are lot of ways to reach this drop. If a group of billionaires will conspire to sell all their bitcoins to make it fall and put to other coins, we called this pump and dump event. Also, if there is a world war III in which capable of destroying anything including species then bitcoin will become useless.

Drixy

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Its impossible to go back at that stage it will only if some manipulations have been declared or planned and maybe some regulations have been implemented on some countries. But users or the quantity of users alone isnt enough to get bitcoin at that price.

Uno17

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I don’t think so it will go down again to $1500 there is a possibility always of going down but i guess it won’t go as far as $1500... it plays well in the market nowadays and i think it won’t die as other speculates it, in fact i believe it will continously go up to the moon and become very useful to a bigger population

aeternus

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Quote from: AK47- on December 09, 2017, 01:22:36 PM

Actually, this insane price appreciation has created a perception of bitcoin being a bubble. Bitcoin price is growing continuously from last three months with just a going a small or unnoticeable correction in between. We didn't see this type of consistent appreciation before, so a doubt of impending dump is justified.

In short term a drop will be there but won't be drastic and bitcoin will ultimately recover from that. But in long term we can see a huge crash in price if bitcoin touches a trillion dollars marketcap.

Correct, most of the previous bubbles happened in a very short time, but bitcoin has been going up in value for almost all year, this kind of sustained growth is kind of unheard of even for bitcoin but when you look at all the things it happened you see a picture of a coin that received some hits in the year but where most news were very positive and this was reflected in the price.

virtualkeybuyer

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Quote from: jackhdt on December 09, 2017, 01:16:19 PM

Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

really hard to happen. it just happens unless Bitcoin met a major incident such as Bitcoin banned in many countries. the price hikes are the things I don't like, rising fast but unstable. and now the price is being adjusted to it's orbit

No one will let that happen this only can happen in only one case that is to start if world war three and there is no chance of that, people are taking advantage of minute fall and if price came fall to 5k this will be the summer for the investor and they will buy as much as they can and will not let the price to go more down so everyone here will say no and there is only a 0.0001% chance of this to happen in future mate.

omorfi

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Technically possible. It depend on very extremely bad news about bitcoin and accordingly markets panic sell. A possible bad news about bitcoin safety can cause a dramatical fall. But its very low probability

samputin

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

NO, at this time the bitcoin price is so huge it is hard to come back again when the price is low.

We did not expect the huge price of bitcoin, it is so popular around the world and some countries already legalise and accepted the bitcoin. Days only now the bitcoin price pump and if this will dump it easily recover. The lucky person is who save a bitcoin when price is $1500, a big profit they get this time and possible in the future.

aeternus

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

You are asking for a 90% crash, it can happen, but you should not count on that, a crash like that happened with all the Mt Gox drama that happened some years ago, so you will need something that big to cause such a crash and I do not see anything that is so big that can cause such a a crash, especially when a lot of money is waiting in the sidelines to be invested in bitcoin in just a few days.

McKane

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The unit of bitcoin can reach to that level but bitcoin will never come down that value of once again. Because it was the past that people were thinking that now it's new era of bitcoin. Already many bitcoins are mined so people are mining. So it will be even goes more expensive but will never come down.

fabiorem

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You forgot one zero.

AK47-

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Actually, this insane price appreciation has created a perception of bitcoin being a bubble. Bitcoin price is growing continuously from last three months with just a going a small or unnoticeable correction in between. We didn't see this type of consistent appreciation before, so a doubt of impending dump is justified.

In short term a drop will be there but won't be drastic and bitcoin will ultimately recover from that. But in long term we can see a huge crash in price if bitcoin touches a trillion dollars marketcap.

alyssa85

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It has crashed by over 90% before. In 2011, the price went from $32 to $2 - a 93% crash - and a lot of people who bought at teh top were very upset. I believe there were some suicides because people had borrowed to buy, and then when it fell genuinely believed bitcoin was over.

So yes it can happen. And yes there is no guarantee that bitcoin will be the coin to win in the end, especially with the scaling issues (you can no longer buy stuff on Steam because of the fee issues for example).

jackhdt

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

really hard to happen. it just happens unless Bitcoin met a major incident such as Bitcoin banned in many countries. the price hikes are the things I don't like, rising fast but unstable. and now the price is being adjusted to it's orbit

Sir Paijoe

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Anything can happen, everybody does not believe the bitcoin price this year could reach $ 17k, but it never happened a few days ago, if someday bitcoin drop to $ 1500 then we should be prepared to prepare other things.

martin.k

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Nothing is impossible. Bitcoin is extremely volatile and by some really negative new it might go as low as 1500$ again.

ToTheMoon$

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

I don't think so, is kinda impossible by its value right now we shouldn't expect the BTC price to come as down as 1500$, well
unless a massive selling come over by many holders I don't see it happening any time soon.
Probably we should expect the price to fall down to 10K again.

MadAndHoldersPattern

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If most people believe it can't then it probably will. That's why it's useful to read forums to get the grasp of market sentiment.

djsugar

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Many people here won't agree to this. But that can most likely be an outcome if bitcoin bubble pops up. Many people get ready for debate when the topic of "bubble" surfaces. But agree it or not, any investment asset(which bitcoin is most likely now) when grow without any intrinsic value, then that is a bubble. I read somewhere that if we add all the electricity and hardware cost that go behind bitcoin then it mcap should be roughly $2.1 B. Bitcoin price is only increasing because of limited supply and that alone can't sustain it's value. So, I expect a huge crash but not in near future. It will take time to burst.

dothebeats

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It is possible since there are no solid reason why the price overshoot this much in the past year. Even if it crashes, that wouldn't be too deep since there are many other people trying to get their fortunes off of bitcoin as well. Unlike 2013, this 'bubble' has too many participants on it, and the trading action isn't just orchestrated by a few whales and a bot from a single exchange; this is a worldwide market now and not just confined on just a single operating exchange. It will take millions of coins to bring the price down to $1500 but it is still possible in the world of crypto.

DaMut

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based on our current movement i do not think we will see it around that point again,
right now we're expecting a huge correction or a huge downrun movement but at best it will only around its average price.
what i mean is,at best bitcoin will down to around $5000++.
why at best it should be around that point ? because of the expenses that the miners need to pay whenever they're mining it.
also we must consider about the difficulty that keep increase from time to time.
if we're going down to that level,do you think the miners will keep mining it ?
of course not,and we need miners to solve the blocks.
in conclusion it's very very unlikely to see it goes down to that level because of that factors.
but bear it in your mind that everything is possible in cryptocurrency.

boyshx

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I dont think so, bitcoin will never come down to $1500.Bitcoin is in its upward trend; new targets are coming every day, $20000 by end of December and $100000 in next five years. Bitcoin`s rising popularity is bringing some bad news about bitcoins. Bitcoin can come to $1500 if some unexpected things happen like all the countries ban bitcoins for various reasons. Or peoples mood changes from bitcoin to some new currency or new tool of investment. But things like these are difficult to happen.

Wafilian

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

I think bitcoin price down to $1500 again its impossible because bitcoin demand increasing everyday supply limited so price increase must
Bitcoin holder winner Grin

0t3p0t

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Yeah there might be a possibility or a chance because everything that comes up will also be expected to come down but I think if ever it will come down I am sure there are some major factors that affects the said crash most especially if Bitcoin's price will go down into like $1500. Despite the fact that ups and downs are common to cryptocurrencies, I think it will take too long for that to happen but whether it is happening or not we should be ready because it can happen anytime. What's interesting about this is that Bitcoin's community is too strong that it can easily bounce back right after a plummet.

Turkish88

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1500 can be if bitcoin crashed or finded in their network serious security problem.
Allways avialable points, below which the price does not drop, no any news cant drop lower this limit
I am not big trader but i seen video where this explained

cfkvfyjd

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it seems to me after the new year bitcoin will ask and then start a stable growth.

cfkvfyjd

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you are sure, up to 1500 or 15000, in the first case this is not realistic, in the second one it can be temporary.

Brama Jasa

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

why not if everyone sell bitcoin but it's imposible, because everyone wants to buy bitcoin for profit, many of these enthusiasts are pushing prices up, and it's hard for bitcoin to go down to $ 1500

markleal

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

Hi there timcheerful1! Based on different analysis bitcoin current support level is at %15,000 which answer your question, yes. However, the next question is when will it happen or will it ever happen, as I check the current Relative Strength Index it is going bearish and a pennant is formed with the bitcoin price. On the other hand, the current moving average is pointing a little bit upward. But a piece of advice, If you are willing to buy bitcoin, just check the price regularly because something will change within the next day. Wink

btcprospecter

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If bitcoin was to fall that low now I would be as it is at the end of its life. Many have jumped onto bitcoin as it was shooting up in price and it would seriously damage the confidence that people have in it.

Pursuer

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yeah, only if bitcoin becomes useless and dies it can go down to $1500 and then continue falling down to nothing and disappear. but that is not something that is going to happen anytime soon.

the question is, why would you want to know? lets say it fell to $1500 in the next hour. you still are going to continue as before and wouldn't do anything about it Cheesy

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Quote from: timcheerful1 on December 09, 2017, 02:56:25 AM

Can Bitcoin come down to $1500 again?

There is a mistake in your post. You've missed "0".

"Can Bitcoin come down to $15000 again?"

timcheerful1

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Can Bitcoin come down to $1500 again?

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