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Topic: Can bitcoin drop to $3000? - page 5. (Read 2809 times)

hero member
Activity: 714
Merit: 500
November 28, 2017, 06:59:48 AM
#92
Anything is possible in bitcoin world, but I will prefer to see bitcoin climb to $30,000 instead of dropping to $3,000  Grin
hero member
Activity: 2702
Merit: 672
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November 28, 2017, 06:58:04 AM
#91
Can bitcoin drop to $3000?
At this point wherein its market value is continuously increasing and becoming more expensive, it seems that it is not possible for its value to drop that much. Ofcourse, fluctuations are normal since Bitcoin is volatile, its value is always exoected to fall but I don't really think that it will be as low as 3000 USD from a current value which is really close to 10000 USD.
member
Activity: 196
Merit: 17
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November 28, 2017, 06:29:17 AM
#90
After all the pumps and all that, it could certainly. If you look at bitcoin pumps back in the year 2013 it basically from $100 to $1100+ back to $200 or even less. The same could happen to bitcoin in 2018, nobody knows.

Do you know what caused that drop? Although I was aware of the Bitcoin ATH price back then, I didn't follow the events closely enough to know what happened.
full member
Activity: 392
Merit: 100
November 28, 2017, 05:50:09 AM
#89
That's impossible, I think bitcoin price will continue to be away from that, even I'm more suspecting it will continue tend towards the altitude as time goes on. But maybe if it got decreases, I think it will not touched $3000 anymore, but maybe at least it might be $5000 I guess.
full member
Activity: 246
Merit: 100
November 28, 2017, 04:44:56 AM
#88
There is a  possibility it may occur due to rise or fall of the bitcoin price, but I don't see it going down below 3K again. If that will happen, I can't wait to buy!!!
member
Activity: 99
Merit: 10
November 28, 2017, 04:35:03 AM
#87
Can bitcoin drop to $3000?

From currently price, I don't think so, I'd rather think it may came down as 6k again but nothing close to 3k.
hero member
Activity: 1008
Merit: 531
November 28, 2017, 04:34:30 AM
#86
Can bitcoin drop to $3000?

After all the pumps and all that, it could certainly. If you look at bitcoin pumps back in the year 2013 it basically from $100 to $1100+ back to $200 or even less. The same could happen to bitcoin in 2018, nobody knows.

$3000 is still a huge increase from the $400 that we've seen last year as well.

If it does go that low, keep buying until it goes up. It'll eventually.
full member
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November 28, 2017, 03:34:48 AM
#85
Bitcoin going to $3000 is less likely to happen. Your chance to buy at your target price seems impossible. Just wait for the next drop but don't expect you can buy at $3000.
I doubt it that bitcoin will be less than $5,000 or will be getting again on that $3,000 price. It has gone so far and though it's possible that it can be back there but if we will connect what's with bitcoin now, I really doubt and will never believe it will go back.

Yeah and just being realistic and with the current price it's too far to fall in that price.
Many are wanting bitcoin to fall so they can buy in low price and have a good profit but to think that it's too much to aspire that. Just wait for the upcoming correction after bitcoin hit its new ATH.
hero member
Activity: 3024
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November 27, 2017, 07:23:10 PM
#84
Bitcoin going to $3000 is less likely to happen. Your chance to buy at your target price seems impossible. Just wait for the next drop but don't expect you can buy at $3000.
I doubt it that bitcoin will be less than $5,000 or will be getting again on that $3,000 price. It has gone so far and though it's possible that it can be back there but if we will connect what's with bitcoin now, I really doubt and will never believe it will go back.
sr. member
Activity: 322
Merit: 250
November 27, 2017, 06:58:07 PM
#83
Of course it can be But this case will only happen in next 100 years or more when total supply amount of Bitcoin is mined out or something bad will happend and have a huge effect to Bitcoin price. But we still need to wait to see what will happen to Bitcoin price when 21m BTC is mined out, maybe it'll decrease or maybe it'll increase. Nobody know about this case which will happen in next 100 years or more Smiley)
full member
Activity: 616
Merit: 102
November 27, 2017, 06:56:36 PM
#82
Bitcoin going to $3000 is less likely to happen. Your chance to buy at your target price seems impossible. Just wait for the next drop but don't expect you can buy at $3000.
hero member
Activity: 2828
Merit: 518
November 27, 2017, 06:47:05 PM
#81
We can't certainly deny that bitcoin will fall back anytime because of being volatile, but I really don't think that it will fall deeper into $3k. I can't imagine if that will happen to bitcoin since we are almost to $10k target possible to happen before the year end.
We just think positive and always keep moving forward. Though we can't ignore of some hardfork on the coming days but still I believing bitcoin to go further as everyone expected to happen with bitcoin.
hero member
Activity: 2660
Merit: 551
November 27, 2017, 01:56:42 PM
#80
As we inch closer to $10000 this year, the price getting down to $3000 is very slim. That would be like more than 50% of the current price so its unlikely to happen. A simple drop of 10-15%, people are already rushing to get and buy bitcoin because most of us really feel that bitcoin's future is really bright. And even in such an attack that we have seen Bitcoin Cash try to pull thorough, bitcoin didn't nudge although the price went to $5600, investors are really quick to think the opportunity to get it back while the price is at a discount. So in my opinion, we will not get bitcoin going down again to $3000.
legendary
Activity: 3654
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November 27, 2017, 01:16:10 PM
#79
Yes the possibilities are really there because bitcoin value is unpredictable and unstable anything can happen to it at any time this things maybe normal for many as a part of bitcoin activities but for some it is something they are afraid of. Bitcoin value can increase so high and can also decrease so much but the good thing so far this cycle always end up with bitcoin having a much higher value in the market
Bitcoin's value is surely unpredictable and there are some things that we may not expect but can end up happening. However, unless people totally lose trust in bitcoin, I doubt if we can see such a scenario playing out before it gets taken back by the stronger hands. We are the ones that have placed that value on it and unless it seems invaluable to us anymore, then why would anyone want to dump ? FUDs can only create very little impact at this stage.
member
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November 27, 2017, 11:16:33 AM
#78
Everybody is looking upward now and $3000 is looking less and less probable. Maybe we should be cautious. On the other hand, with too much caution you'll miss out on these massive gains.
legendary
Activity: 3318
Merit: 1128
November 24, 2017, 10:33:30 AM
#77
Can bitcoin drop to $3000?

Yes and honestly even lower than that. Everything is possible to happened and going back to $3,000 is closed to reality. Now what should be some of the reasons why it can happened?

- FUD that is not really a FUD

- Negative news that wrecked people's moral that's why they dump their coins

- etc...

But on the other hand, it doesn't mean that a price crash will continue since $3,000 level is still 4 digits and can considered as decent price of bitcoin. What next after crashing $3,000? We don't know...
I reason with you to some point. However, one thing we should understand is that, there is some certain level of FUD that would really shake the bitcoin atmosphere that huge. Most people have known better these days than to believe in FUDs and most of the ones that have happened in the past, just kept creating a stronger community.

Except we end up having an attack which basically will evolve from exchanges, then I do not see how bitcoin would get that low from FUDs at this stage.
sr. member
Activity: 2016
Merit: 283
November 24, 2017, 10:28:51 AM
#76
It is just a possibility and that event has has a very low percentage to happen.
we cannot say that it has a very low percent to happened cause that scenario already happened  on this month but after two days .  Or three i think it recover and surpass 7k again . So maybe it will happened again maybe not know maybe soon when there are some causes that can make some panic selling from the market . Or maybe another reason that can make bitcoin value  back to 3k.
full member
Activity: 382
Merit: 109
November 24, 2017, 05:24:38 AM
#75
Can bitcoin drop to $3000?

It can if all hodler suddenly sell all their Bitcoin and cause a large scale drop in pricing. As of today, there are no indication that the price will go down up to that level. No forks ahead and Bitcoin is now gaining a stronghold in the world due to its features.

It's not at all possible to change of 3000$ ,now the value is 8100$.Are you saying there is 5100$ reduce in a single day.It takes month to this happen.Rome was not built in a single day.The price raise takes a 5 months.So the price of bitcoin will not reach 3000$ in single day.
hero member
Activity: 3066
Merit: 629
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November 24, 2017, 04:59:15 AM
#74
Majority will say that $3,000 is low now from the current price. There is still a chance that it can drop too low and quick but I'm not confident if ever that happens. I want bitcoin to stay on it's new floor of $8,000 and the chances of what I can see of seeing it right now is .... I can't give a definite percentage or ratio of it's drop to $3,000. Let's all be happy that bitcoin is reaching new all time high's.
sr. member
Activity: 1512
Merit: 316
November 24, 2017, 04:52:24 AM
#73
It is just a possibility and that event has has a very low percentage to happen.

AT present situation the chances are slim unless if US or Japan bring some stringent policy which could impact the btc demand and the price. Also Christmas is around the corner and prices are set to take a further rise unless some world wide negative news is around which can bring the price down.
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