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Topic: How low will bitcoin go? (Read 758 times)

sr. member
Activity: 882
Merit: 251
February 08, 2018, 01:28:25 AM
#91
with the price drop in bitcoin nowadays it's certainly for me the beginner has a worry if bitcoin prices will drop lower than $ 10.000.and maybe we all hope if bitcoin prices will increase again in the next few months and be able to exceed the previous high price of bitcoin up to $ 20.000 .
That's true, most of us hoping that bitcoin will rise up high and reach another all time high, but we all don't know when it will happen again. Hopefully by Month or 2. I am still holding my bitcoin until I gain profit before I sell.

I am also holding Bitcoins, but there is also another variant in my mind. I am going to exchange some of my altcoins into NEO, Cardano, Qtum and Ethereum.
full member
Activity: 434
Merit: 100
February 06, 2018, 07:43:31 PM
#90
Anytime bitcoin fails, this kind of threads are occupying the forum. This is interesting, bitcoin is already there as a solid one. Price makes corrections normally, then what is wrong with bitcoin, I can't understand this.

As long as people don't understand this market, and think Bitcoin can become worthless the next day, these things will continue to happen. It just shows how people are straight gambling with their savings, in the hope to ride this market's 'hype' and to gain some growth as well. Funny thing however is that these people chase quick profits, but the only thing they are doing is swallowing quick losses. Their ignorance and incompetence makes them lose out time on time again. It has been like that for years now, and it will continue like this as long as people don't research the market they invest in.
Also people need to understand that you cannot invest in something and make profits quickly most of those that have made good profits are the ones that have held for a long time, yes you can make profits quick but most of the time that means you can lose that money quickly as well, this is why being methodical about where we invest is the best approach to obtain lasting profits.
member
Activity: 98
Merit: 17
January 26, 2018, 07:29:22 PM
#89
You see, many finance guys like the people from the wall street or other rich investor discovered bitcoin some days ago. So for the future, it will rise and dump a lot more, because its not regulated and they can make their pump and dump games to make even more money. So just wait what for dumps you will see in the future. They will be many times when Bitcoin will dump over ten thousand usd.

Actually we cannot figure out the exact day,months,years bitcoin will go, nobody could accurately tell how low will bitcoin go because there is no permanent pattern for that, it all depends on the fluctuation of the market of when to pump high and low, so for me it really depends on how it is being used and supported so that it could go a long way, or drops ultimately. Everything is possible to happen because we cant control the market.
member
Activity: 218
Merit: 14
January 26, 2018, 07:13:14 AM
#88
You see, many finance guys like the people from the wall street or other rich investor discovered bitcoin some days ago. So for the future, it will rise and dump a lot more, because its not regulated and they can make their pump and dump games to make even more money. So just wait what for dumps you will see in the future. They will be many times when Bitcoin will dump over ten thousand usd.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
January 26, 2018, 07:10:25 AM
#87
Right now bitcoin is not the only coin who is going down. If you look at the market all of the coins go down with over 5% a day and thats because a big team of experienced traders control the market so they can buy coins when the price is down and sell it later for huge profits.

It think bitcoin price can go lower than 10.000$, that wouldnt surprise me because it happened before. Of course we cant know for sure what is going to happen but I think it would go some around 10-11k, than it willi rise again. The big question is how much is it going toto increase after this fall? Is it going to hit 25k? 15k? Everything is possible and we can only wait and see what is going to happen because we cant control the market
bitcoin almost drops $6000 last year at the end quarter,but when recovered he reached the highest price he ever had $20,000 so for me what matter bitcoin drops.whats important is i trust the coin and i know in just a month it wil go back to track and make another record,and probably if the LN released more chance of growth
hero member
Activity: 1078
Merit: 501
January 26, 2018, 05:53:44 AM
#86
with the price drop in bitcoin nowadays it's certainly for me the beginner has a worry if bitcoin prices will drop lower than $ 10.000.and maybe we all hope if bitcoin prices will increase again in the next few months and be able to exceed the previous high price of bitcoin up to $ 20.000 .
That's true, most of us hoping that bitcoin will rise up high and reach another all time high, but we all don't know when it will happen again. Hopefully by Month or 2. I am still holding my bitcoin until I gain profit before I sell.
full member
Activity: 728
Merit: 115
January 26, 2018, 04:34:37 AM
#85

Well 8k is still a possibility but let's see. We're currently steady at around 11k and support is strong around that figure. Though i'm keeping it cool right now, i'd probably feelna bit disappointed if it dips below 10k. Not that it matters for a long hold though

If it actually drops below round figure of 10K that could be a problem, not so much for long term investors but for casual short-term buyers that driven by massive hysteria could create sale flood and that would crash the price to 8K easily.
 
full member
Activity: 249
Merit: 100
January 25, 2018, 11:40:34 AM
#84
Its $10k, obviously it is already around $10k. Or maybe it will get low more up to $8k. But hopefully not less than $8k because that will be too low for bitcoin. I am hoping it will rise again and will hit another ATH's this year.

It tried $12k today but it couldn't manage to exceed that price. Next time, it will try $12k once again to target $14k in the upper zone.
hero member
Activity: 910
Merit: 507
January 25, 2018, 11:39:06 AM
#83
What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000
I think bitcoin drop 'till 10,000$ for this month and a few months it go recover it again the price will up 'till 20k$ again. Many investor waiting the price goes down so that many will buy again.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 25, 2018, 11:08:33 AM
#82
Its $10k, obviously it is already around $10k. Or maybe it will get low more up to $8k. But hopefully not less than $8k because that will be too low for bitcoin. I am hoping it will rise again and will hit another ATH's this year.

Well 8k is still a possibility but let's see. We're currently steady at around 11k and support is strong around that figure. Though i'm keeping it cool right now, i'd probably feelna bit disappointed if it dips below 10k. Not that it matters for a long hold though
newbie
Activity: 156
Merit: 0
January 25, 2018, 06:05:21 AM
#81
with the price drop in bitcoin nowadays it's certainly for me the beginner has a worry if bitcoin prices will drop lower than $ 10.000.and maybe we all hope if bitcoin prices will increase again in the next few months and be able to exceed the previous high price of bitcoin up to $ 20.000 .
hero member
Activity: 1078
Merit: 501
January 25, 2018, 04:50:50 AM
#80
Its $10k, obviously it is already around $10k. Or maybe it will get low more up to $8k. But hopefully not less than $8k because that will be too low for bitcoin. I am hoping it will rise again and will hit another ATH's this year.
sr. member
Activity: 649
Merit: 250
January 25, 2018, 01:14:35 AM
#79
I didn't thought that bitcoin would go down far below $10,000, and now i am thinking if it will go lower around $8,000. What do you think guys?
For that actually, were not so sure if bitcoin price can go down to $8k. Because bitcoin price these past weeks has been stabilized at this current price. Maybe it can go down for that amount since market everyday is fluctuating. Thus, let's watch the market if what's the actual rate of bitcoin will go.
member
Activity: 350
Merit: 30
January 24, 2018, 11:28:00 PM
#78
I didn't thought that bitcoin would go down far below $10,000, and now i am thinking if it will go lower around $8,000. What do you think guys?
sr. member
Activity: 854
Merit: 257
January 23, 2018, 12:50:27 AM
#77
I think bitcoin value can move up to $10,000 below. It is not because I don’t trust in the value of it but it is the reality that anything can can down to extreme bottom and we as users/investors should be ready and willing to take the consequences in case this would happen but we all know that we can only hope for the best since bitcoin will still rise up.
member
Activity: 259
Merit: 18
January 22, 2018, 03:46:35 PM
#76
I'm afraid that if the price drops below 10k $ it can reach 8k $. Perhaps the psychological factor will work, which will bring the price even lower, although it is impossible to predict it accurately.

Agreed. If it means anything then with the cave at that I am not an investor: I have buys, increasing linearly, from $8k all the way down to $2.5k.
sr. member
Activity: 585
Merit: 251
January 22, 2018, 01:37:01 PM
#75
I'm afraid that if the price drops below 10k $ it can reach 8k $. Perhaps the psychological factor will work, which will bring the price even lower, although it is impossible to predict it accurately.
legendary
Activity: 1937
Merit: 1001
January 22, 2018, 12:13:53 PM
#74
LOL here we go again.

This time it's different and there will not be a bounce.

We can tell by the fact that it's just bitcoin crashing and altcoins keep their btc value or even rally!

We're going to close well under the 100-day and drop down to the 200-day HARD!
200-day has some support but i doubt it will hold while everybody is dumping this and moving to good coins and we will revisit pre-2017 levels!
legendary
Activity: 1937
Merit: 1001
January 21, 2018, 09:32:45 PM
#73
The problem is, Bitcoin Core has become vaporware. Endless promises that will not be kept, that cannot be kept.

SegWit, barely being used while creating new transaction attack vectors.
Lightning Network, mathematically impossible to even work and is overhyped to solve everything, which it wouldn't even if it could work. Nobody addresses the big problems it introduces. Plus it's a pain in the a** to use in the first place.

Once mainstream media starts publishing about this prices will drop back sub $1000 very quickly.

Bitcoin is done, it simply offers nothing anymore in these days.

Ah yea i can hear the comments already "Bitcoin is a store of value, not a currency."
Oh is it? What happened to "Decentralized peer-2-peer digital cash." as stated in the whitepaper?
Remember that was the goal of Bitcoin before it got taken over.

Why would Bitcoin be used as a store of value and not a different digital crypto that DOES work as a digital currency AND a store of value..?

Exaclty, like i said, Bitcoin is only going down to where it belongs, at the bottom.
hero member
Activity: 1666
Merit: 753
January 21, 2018, 08:16:12 PM
#72
Price seems to have gone even lower today. Biggest reason i think is that people still don't know whether this pump is for real or just a bull trap. For me, it's just the start of a recovery and it's nothing special that we're seeing dumps along the way.

Main support level is still at $11k in my opinion. It's going to be hard in the short term for bears to dump their coins down under $11k. And when the price goes below that, people will buy up the cheap coins as soon as possible.

Vice versa, major resistance is at $13k. Once that is broken we can officially announce the new bull season.
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