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Topic: Could btc hit 1 usd? - page 4. (Read 3864 times)

staff
Activity: 3136
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June 17, 2017, 01:59:54 PM
#50
The chances for bitcoin to hit 1 USD is harder than striking the state lottery, it is almost impossible to happen because there are the economics factor, a lot of big whale traders are out there holding huge amount of bitcoin in their wallets, and if bitcoin price is dropping hard, they would pump in more funds and buy in more bitcoin to hold the price at certain level.
legendary
Activity: 1372
Merit: 1005
June 17, 2017, 01:04:47 PM
#49
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

I dont think it will be dumping that low. We all know how investors thing and buyers do they will be the great reason to make the price go up.

How could a pathetic person think that it would be happen? history will surely not repeat for itself and theirs no way bitcoins would go for such a bad dip since theirs a great adoption already happening on it and to many people benifited already on this rate so provably whales doesn't want bitcoins look to its awfull state. Those guys predicting so bad are just having a shitty dreams around here.

Yeah there is no any reason to se the bitcoin balue as 1 btc for usd. However, you could buy any altcoin in that rate. May be in future, 1 satoshi can be turn the value as 1 US dollar. Possible adoption from the other Government apart from the Japan and other adopted countries. We are getting many ico every day like a Chinese movies, blockchain adoption rate will be big in number soon.
hero member
Activity: 994
Merit: 502
June 17, 2017, 10:01:41 AM
#48
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Yes it could happens and a 1 satoshi be equal to 1 USD  Tongue
Never understand from where it comes all this pessimistic ideas... Could the gold price be equal to 1 USD?
If the price increase happens same as the past price increase towards $2500 from $1200 surely there will be a big price pumping on the falling years. This will take years to reach big as one Satoshi equaling the value of a single USD.
member
Activity: 86
Merit: 10
June 17, 2017, 12:32:55 AM
#47
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

How can it happen with a lot of users and investors? There is no way that it will happen man. Unless the aliens try to spark a war.
hero member
Activity: 2632
Merit: 787
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June 17, 2017, 12:23:31 AM
#46
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

I dont think it will be dumping that low. We all know how investors thing and buyers do they will be the great reason to make the price go up.

How could a pathetic person think that it would be happen? history will surely not repeat for itself and theirs no way bitcoins would go for such a bad dip since theirs a great adoption already happening on it and to many people benifited already on this rate so provably whales doesn't want bitcoins look to its awfull state. Those guys predicting so bad are just having a shitty dreams around here.
full member
Activity: 224
Merit: 101
June 17, 2017, 12:13:30 AM
#45
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

I dont think it will be dumping that low. We all know how investors thing and buyers do they will be the great reason to make the price go up.
hero member
Activity: 952
Merit: 513
June 17, 2017, 12:09:32 AM
#44
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Of course. The thing that everyone is talking about right now, the hard fork that might be implemented, is one of these things. If a hard fork is successful and everyone ditches the original version of bitcoin, then obviously bitcoin is going to become worthless. However, this is probably not going to happen. For one we don't even know whether a hard fork is going to happen or not, and two, when a hard fork happens you will have coins on both chains, meaning that the value of your coins should remain relatively unaffected no matter how much each token fluctuates.

Another scenario could be that somehow there was a loophole in the bitcoin network allowing exploiters to create infinite amounts of bitcoin, and dumping them on exchanges. I believe this happened when bitcoin was in its early stages, but this should be able to be solved via a fork.
legendary
Activity: 2730
Merit: 1288
June 16, 2017, 01:22:22 PM
#43
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Yes it could happens and a 1 satoshi be equal to 1 USD  Tongue
Never understand from where it comes all this pessimistic ideas... Could the gold price be equal to 1 USD?

Bitcoin is far from Gold. Is way more fragile.   Seems some of you dont understand that Bitcoin is an experiment. There is quite a chance not only that 1 BTC is worth less then $1, but even nothing at all.
hero member
Activity: 980
Merit: 507
June 16, 2017, 08:50:54 AM
#42
Even if there is Apocalypse,or any other dangers anywhere around the world,there is no chance for bitcoin hitting 1$ over night. It would take a few days for hit 1$ even though I find no reason for it hitting 1$ anytime soon.
legendary
Activity: 2142
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June 15, 2017, 04:11:25 PM
#41
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Yes it could happens and a 1 satoshi be equal to 1 USD  Tongue
Never understand from where it comes all this pessimistic ideas... Could the gold price be equal to 1 USD?
full member
Activity: 210
Merit: 100
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June 15, 2017, 03:39:16 PM
#40

It hasn't happen and it would not be happening! The people who are saying this kind of bad speculation is just seeking for attention. And for us users to be alarmed or other people to avoid investing there money on it. It will never happen or if it's really could happen? Maybe it's the system that couln't functioning well

yes you are right it will not happen either or in future because the price of bitcoin is already above 2000 dollars and i think saying this kind of bad speculation will harm the bitcoin because the investors will not want to lose their money by investing in bitcoin they will think that if bitcoin reach to 1 dollar then their money will be gone, so i think we do not need to destroy the image of bitcoin.
1 dollar for one Bitcoin, it's not even a dream that the most active user of Bitcoin will dream of. I think that such conversations even adversely affect the psyche of such people. I would be generally indignant about such a conversation. Today when we see that Bitcoin has reached 2 and 2500 dololors and the soul is starting to rejoice again.
hero member
Activity: 2408
Merit: 584
June 15, 2017, 02:29:06 PM
#39

It hasn't happen and it would not be happening! The people who are saying this kind of bad speculation is just seeking for attention. And for us users to be alarmed or other people to avoid investing there money on it. It will never happen or if it's really could happen? Maybe it's the system that couln't functioning well

yes you are right it will not happen either or in future because the price of bitcoin is already above 2000 dollars and i think saying this kind of bad speculation will harm the bitcoin because the investors will not want to lose their money by investing in bitcoin they will think that if bitcoin reach to 1 dollar then their money will be gone, so i think we do not need to destroy the image of bitcoin.
hero member
Activity: 910
Merit: 550
June 14, 2017, 09:44:33 PM
#38
It hasn't happen and it would not be happening! The people who are saying this kind of bad speculation is just seeking for attention. And for us users to be alarmed or other people to avoid investing there money on it. It will never happen or if it's really could happen? Maybe it's the system that couln't functioning well
hero member
Activity: 882
Merit: 544
June 14, 2017, 09:27:30 PM
#37
BTC hitting 1 USD price is possible but the chance of this happening is slim. Right now, it got many users buying and selling it so I think it would only be possible if there are some major changes that people don't like, for example a fork that many don't like, it is very possible that this could happen. It would be possible soon if the solution to the scaling debate is not what people really wanted, and just made thing worst but I hope that btc won't touch 1 USD price soon.
full member
Activity: 266
Merit: 103
June 14, 2017, 09:09:08 PM
#36
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

I don't think this could happen unless something technical about bitcoin itself broke, and that seems highly unlikely since it hasn't happened yet.
hero member
Activity: 3080
Merit: 603
June 14, 2017, 05:24:49 PM
#35
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Are you an Ethereum enthusiasts? No way that bitcoin could hit back at $1. It's one of the most preferred crypto currency and it will remain good for the next years to come. And to make the price back at $1 all of us needed to sell and do you think everyone is willing to sell their bitcoins? So no way for me.
sr. member
Activity: 560
Merit: 250
June 14, 2017, 05:17:53 PM
#34
1$ why what even makes people like you to say such bad speculation and things about bitcoin. Bitcoin has come from such a long way it was 1/10 of a cent and today it's 2500+ and you still think the price will go to 1$. If you don't know the price reduces or increases when people buy or sell. So current cap is $46 billion so in ordee to become 1$ every single investor has to sell and as of now i don't see any scenario why everyone even want to sell their coins.

That's because you are ideologically inclined to Bitcoin, thinking it 'must' succeed no matter what happens.
The truth of the matter is, if Bitcoin gets pushed aside in the next few years people will abandon ship. Yes, it won't be a quick process but in the longer run 1 dollar is absolutely a possibility again. What we could say though is that 1 dollar Bitcoins would mean - without much doubt - that Bitcoin has failed. Something which is getting all the more reasonable of a scenario, given the competition that is out there nowadays.

There's no reason to think Bitcoin can sustain its value if people cease using it. Bitcoin got no inherent value at that point.
hero member
Activity: 826
Merit: 1004
June 14, 2017, 04:32:43 PM
#33
1$ why what even makes people like you to say such bad speculation and things about bitcoin. Bitcoin has come from such a long way it was 1/10 of a cent and today it's 2500+ and you still think the price will go to 1$. If you don't know the price reduces or increases when people buy or sell. So current cap is $46 billion so in ordee to become 1$ every single investor has to sell and as of now i don't see any scenario why everyone even want to sell their coins.
sr. member
Activity: 560
Merit: 250
June 14, 2017, 04:03:15 PM
#32
It could, but not in the short term. If Bitcoin gets overtaken by newer tech, which is already happening, and this process accelerates to the point that people hop over to better alternatives, Bitcoin's market capitalization will wither away. However, it might take up to 4 to 10 years (rough guess) for Bitcoin to retrace all the way back to 1 in that scenario.

Bitcoin could hit 1 USD yes. Likely? I don't know. I consider the scenario of it happening in the long run just as plausible as 10.000 USD Bitcoins.
hero member
Activity: 700
Merit: 500
June 14, 2017, 03:57:33 PM
#31
Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

i think it is impossible that bitcoin hit 1 usd and become worthless because the market cap of bitcoin is very high which is impossible to make it zero or nothing and also the price of bitcoin is very high which have made the bitcoin very stronger as many people have invested their money in bitcoin so it is not possible that bitcoin reach 1 usd even due to bigger and bigger dump it cannot be 1 usd overnight.
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