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Topic: Can Bitcoin Reduce to $ 4000? - page 10. (Read 2015 times)

member
Activity: 224
Merit: 11
March 18, 2018, 09:36:11 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

Bitcoin is coming nearly 4000$ again but i dont think it will go down as low as that. Many neophyte people in crypto currency will surely panic and create some FUD once it goes down that dip. And to those loyal bitcoin users will be a good news since they can buy bitcoin at a much lower price.

It's hard to Bitcoin goes down $4000 because few country where the cost to mine 1 Bitcoin is lower than $4000 so if Bitcoin goes down under $4000 then majority of miners in the world will stop mining Bitcoin, whales will not like this Smiley. According to Elite Fixtures announced The cost to mine 1 Bitcoin based on the average electricity rate per country:

sr. member
Activity: 560
Merit: 257
March 18, 2018, 09:11:56 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
Is this true, if the market will die and force us to sell all? If this is not true, I'm sure you just panicked seeing this price slump so hard. But if this is true and requires us to sell everything, then I will regret not selling it now. Cry
member
Activity: 233
Merit: 10
March 18, 2018, 09:06:16 AM
I think it's possible but hard because to make it reduce to $4000 needs a big impact or force to make that happen because that is half of the price today and reaching that mark is hard.
full member
Activity: 418
Merit: 100
March 18, 2018, 08:22:51 AM
my opinion the drop in current bitcoin prices is still reasonable. and my prediction of bitcoin prices will not touch the price below 5000, and I'm sure bitcoin is still worth the investment. the negative news about bitcoin maybe it's just news just to lower the bitcoin price.
full member
Activity: 294
Merit: 100
March 18, 2018, 08:14:49 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

Bitcoin is coming nearly 4000$ again but i dont think it will go down as low as that. Many neophyte people in crypto currency will surely panic and create some FUD once it goes down that dip. And to those loyal bitcoin users will be a good news since they can buy bitcoin at a much lower price.
member
Activity: 280
Merit: 10
March 18, 2018, 07:55:05 AM
I think the impact is really done with Bitcoin but is not too much that reduce their price too much as $4000,there is a decline in bitcoin prices, This is still within reasonable limits and very possible once to experience price increases again. many places have also received payment via Bitcoin. The decline is only momentary and this is a correction of some people who want to make a profit and i feel its is not too much dangerous lower in price because the other cryptocurrencies may be down too much but bitcoin is not goes down too much.
full member
Activity: 432
Merit: 100
March 17, 2018, 10:27:33 AM
Yes it can, mt gox still has a lot of bitcoins to dump on the market and just imagine when satoshi dumps his coins, Price may go back under 1k.
I think they will not sell it all at once, because if they sell everything, it will definitely go down very quickly and cause panic around the globe. For me Mt.Gox will sell slowly and will not affect much to BTC price. Right now is a good time to prepare for investment because I am sure the BTC price will drop to $5000
full member
Activity: 385
Merit: 101
March 17, 2018, 10:06:57 AM
Yes it can, mt gox still has a lot of bitcoins to dump on the market and just imagine when satoshi dumps his coins, Price may go back under 1k.
sr. member
Activity: 854
Merit: 252
March 17, 2018, 09:55:44 AM
I think bitcoin have no chance to reduce 4000$.because, bitcoin have good future.so, now time to buy some bitcoin and wait for profit.

Agreed, bitcoin may go down the value but 4000$ is too much for me, I'm sure more patience and a little bit wait of time everything will be fine for sure in the end, Though everything was really unpredictable anyway.
newbie
Activity: 9
Merit: 2
March 17, 2018, 09:53:25 AM
Famous last words... This time it will be different.

The Market is a device that transfers wealth from the impatient to the patient - Warren Buffet

How many times has Bitcoin dropped down to surprising lows, and how many times has it risen again giving the patient opportunities for profit?

I dont understand how anyone would be upset if it did drop to 4000$ The guy that suggested bitcoin to me bought in at 2500$ and sold off an entire coin at around 19k.. he is reinvesting 8k and hoping to see it drop to 4k.

Ive been trading Crypto for less than 24 hours and I can already see a bunch of people who are not emotionally strong enough or logical enough for this market.

Please sell off you BTC so I can get in cheap... LOL.

If BTC stayed at 20k and didnt ever go up or down there would be little chance for investors.
sr. member
Activity: 378
Merit: 250
March 17, 2018, 09:48:56 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

Well, if bad news will keep on coming out, bitcoin will surely drop. People actually believe on the news whether it's true or not, whether there's basis or none. People get affected to what is happening and sometimes end up panicking. If the price keeps going down and more news will keep on coming, people will surely keep on dumping their holdings till the price drops continuously. However, this will be great time to buy, so I really doubt if it will come to the point that bitcoin will drop to less than a thousand dollars.
full member
Activity: 2548
Merit: 217
March 17, 2018, 09:48:40 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

i don't think bitcoin price go down upto 4000 dollars in the market,  people are waiting to increase again the price of bitcoin accordin also to prediction bitcoin will rise the price upto 20k to 30k usd that's the target price for bitcoin trend discussion, and strongly believe the price goes up this coming month.
member
Activity: 252
Merit: 10
March 17, 2018, 09:41:16 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
Maybe because bitcoin now are almost 3 months in a dump situation $4000 will possible. I am still hoping that the dump is already stop now because it's very hurtful looking at my blockfolio.
full member
Activity: 224
Merit: 105
March 17, 2018, 09:38:44 AM
BTC dump to 4000 is a long process. At least 100 days. before, BTC will pump around 10000. Then it will happen uptrend and I am sure the BTC will be up to 28000 by the end of this year or sooner. But here topic I showed the worst case when the sharks and exchanges controling this market.
full member
Activity: 630
Merit: 101
March 17, 2018, 09:01:27 AM
The one thing I learned since I started to invest in crypto is to not care much about the crazy changes in my portfolio. Crypto is still like the internet in the 90's, sooo much room for growth, but also many pains along the way. The marketcap is still higher then what it was on the 1th of Dec 2017, and it had a crazy run after that. There was always going to be a correction after a crazy rise, and the endless stream of FUD from the last months didn't help.
I'm not worried about it.
member
Activity: 630
Merit: 20
March 17, 2018, 07:39:05 AM
If you ask someone who were engaged in crypto since it was started, their answer is surely "impossible to drop btc's price down to $4000". Speculations are always there since btc's price is volatile. But for me, as I also see the graphs each day, it is impossible for now to reach down to that level.
member
Activity: 176
Merit: 10
March 17, 2018, 06:38:16 AM
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
Another FUD from a certified FUDster!
No. the bitcoin will never go back to $4,000 regardless of what happen to Binance because it not the only major exchnage in the world. by the way, all the transactions done during the hacking incidents were reversed. thus, the hackers lost everything and one lost a dime from the Binance users. 
jr. member
Activity: 196
Merit: 2
March 17, 2018, 04:26:41 AM
I think with real situation in crypto currency market everything is possible. So the price of BTC is not stable
full member
Activity: 386
Merit: 100
March 17, 2018, 03:08:06 AM
6000$ is maximum dip , 50000$ is the potential high within 2 weeks from now

I hope so, but I think $50k will not reach within 2weeks. Let’s accept the fact that bitcoin are falling no one knows how deep it can be but we must remain on a cool side and don’t ever panic. At the end of the day of bitcoin survive this only mean that its technology is really in demand.

Yeah its hard to reach in just two weeks specially now that bitcoin are going down again, maybe bitcoin price will reach 50k usd but its happen soon not now. Im just holding my bitcoin until it reach again a high price.
jr. member
Activity: 92
Merit: 2
March 17, 2018, 01:33:59 AM
I think the bitcoin price is still strong at 8000$ and the next support is at 7000$ and the last one is at 6000$ if the price reaches 4000$ I think the investors will start to not trust anymore with bitcoin because it's been very falling in price. hopefully the price quickly go back up hold and do not panic I think everything will be fine

Yes,  bitcoin is still strong.  I dont think that bitcoin will go down that level at $4,000, that is too low,  bitcoin price now is currently $8,000 and may rise anytime.

I do hope to reach that level.  Grin LOL

Wouldn't be a golden opportunity to us? To reach that far? Every time BTC makes a bearish move everyone seems to post a thread like this one. What can I say is, If someone is afraid then sell those coins and invest your money in stock exchange. There you'll see not much of this kind bear and bull move.
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