Topic: How low will bitcoin go? - page 5. (Read 816 times)
Voters $12,500-$12,000 (50%) and voters below $10,000 (50%) shows us that in general everybody expect unknown, everything might happen for the future prices of bitcoin.
I think the current drop in the price is due to market manipulation. We know some huge institutional capital have been flowing into Bitcoin lately and some of these Wall Street traders are getting bonuses now. Would it not make sense to manipulate the market, to drive down the price, before you buy some bitcoins of your own and then re-introduce to drive the price up and then sell at a much higher profit. 
It is the only thing that are making sense now, because we are not seeing any bad news and the price is still going down.
It is the only thing that are making sense now, because we are not seeing any bad news and the price is still going down.
My gut feeling is that it would fall near about 15,000$.And if it goes below this or below 10,000$ then its a matter of tension for the investors.Though many would be able to buy BITCOIN because of the fall but some may panic also.
Impossible to say. Could go to zero.
With much of the world heading into Christmas and New Years holidays, trading will be light. Holidays have often been times prices dropped lower, so it may have some downside yet.
Bitcoin Cash has been quite negatively correlated with Bitcoin. That is to say if you keep an eye on things the price of BTC+BCH stays much more constant. When one goes up, the other drifts lower. Best to buy and hold BCH along with BTC for that reason alone.
With much of the world heading into Christmas and New Years holidays, trading will be light. Holidays have often been times prices dropped lower, so it may have some downside yet.
Bitcoin Cash has been quite negatively correlated with Bitcoin. That is to say if you keep an eye on things the price of BTC+BCH stays much more constant. When one goes up, the other drifts lower. Best to buy and hold BCH along with BTC for that reason alone.
Bitcoin price will not go down further ,it will be staying at $10000 as a correction , once correction is settled it starts rising again , there is hope that it may reach $20000, but it takes time to rise , we may need to have patience , and when it goes down buy it in small amounts in different intervals and when starts rising sell that if you have made profit from it . Since bitcoin is very much popular and its usage is spreading across world there is big chance to grow further.
I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins
On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.
I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins
On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.
I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins
I think it will be around the $12,000 area, yes bitcoin and other coins are declining. For me as long as it stays above $10,000 it is still okay if it breaks the $10,000 support line people may panic sell their coins and we may see a big dive in price.
Right now bitcoin is not the only coin who is going down. If you look at the market all of the coins go down with over 5% a day and thats because a big team of experienced traders control the market so they can buy coins when the price is down and sell it later for huge profits.
It think bitcoin price can go lower than 10.000$, 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
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
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
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
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