Topic: Is it true bitcoin will fall to the leve of $1800 or $1500 ? - page 2. (Read 2104 times)
I don't think bitcoin will fall to that level because that's a little too low for bitcoin to not attract others to invest at that market price. As we can see, when bitcoin has fallen down to 5,000$ mark, people are getting crazy buying on that price that's why its market price will also rise again immediately.
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Bitcoin will not sink so low in its price. The price bottom of bitcoin has long since passed.In order to be widely used as a means of payment, bitcoin need not necessarily have a physical form. There are various non-cash forms of settlements that do not have a physical form of money. Therefore, as a payment system bitcoin and other crypto currency can quite work and in its usual virtual form.
There are more users and holders of Bitcoin compared to 2 years ago when price of Bitcoin was down to 3 digits. More people are using it, more merchants accepting it. So going back to $1800 or $1500 is quite impossible to say unless there's too many confirmed negative news that will hurt Bitcoin and its price.
Don't believed easily on what other people are saying. Because it will give you negative perception on bitcoin. Bitcoin is still strong so don't worry too much.
Bitcoin has pretty strong support at 5500-6000$, so if we did not heard any bad news in remaining time of this year, Bitcoin price should stay calm or even go up because Bitcoin price always raises and then goes down.
Up and down is normal in any crypto can happen, but for bitcoin it will drop to $ 1k hard to believe. now bitcoin is stable between 8k to 5k $ it will be very shocking that there will even be big news if it reaches a decrease of $ 1k
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Yes I know bitcoin crashes, and it doesn't happen once or twice it can be said to be very frequent, but in the end he will keep returning more fit than before. If we weigh from a large number of users, tens of thousands of bitcoins buried in the hard drive due to forgotten passwords or hard drives threw in the trash. I think $1.800 - $1.500 is a very impossible value and that's not fundamental.
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
I believe this price reduction is still not over, it will continue to be sustainable, but for up to $ 1800 I don't think that is possible, too much negative news and speculation that is not necessarily the truth prediction, we better just stay and wait until the price increase occurs 
you should know that in this cryptocurrency, in fact all possibilities can occur, the price could be able to return to the price of $ 100 even worse it could happen if the condition of bitcoin was not too profitable and bitcoin was useless then the fall in prices could have happened, and yes Cryptocurrency like bitcoin has a very high risk.
Definitely? Seems you are so sure of your prediction already. This will be like any other fork and what makes you think it will be so different? You can as well just dump what you have so that some of us can have some little profit to play around with.
If anything should have happened to bitcoin, major impact would have been the August fork, there doesn't seem to be too much debate on this, although so many developments are going on without consensus but I had rather see this as just another profit making method after having another forked chain. Hope it gets pumped like BCC too (no offence).
If anything should have happened to bitcoin, major impact would have been the August fork, there doesn't seem to be too much debate on this, although so many developments are going on without consensus but I had rather see this as just another profit making method after having another forked chain. Hope it gets pumped like BCC too (no offence).
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
dont believe everything you hear, if you would do that you will only fail here in cryptocurrency business. Everything that you hear is all speculations. No one as nobody can predict what will be the price in the coming times. But i am pretty sure the price will rise when we least expect it. 
nobody knows what will happen in the future, bitcoin prices are hard to predict and that's the bitcoin greed, maybe for now the bitcoin price will continue to fall but I hope the bitcoin will rise soon and have a high price again
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
Can you give a link to the article or at least name those experts that says something like that? Because those are not really reasons, if that was the case then no one will accept credit or debit cards after all those are actual currencies with no physical form as well, they are just a representation of something physical but are not physical currencies themselves. Maybe it will , but only when people invent something better which will make bitcoin obsolete. But it won't happen that soon IMO
The only possibility is that when many are going to take profits at the same time and that will make the supply becomes more in the economy and circulation that will make the price goes down quickly. @fabiorem stated that historically it can happened and it is even worst way back then and to compare to that day then it's possible. But I don't really think that it will happen since we went through one of the biggest correction so it's now time for bitcoin to start going up again.
Well, they conjecture the prices of bitcoin that it may fall $1,XXX and they calling themselves as experts. But decreasing of bitcoin prices are normal if you check the history. I hope bitcoin price will not go down at $5,XXX so bitcoin can recover easily.
Maybe it will , but only when people invent something better which will make bitcoin obsolete. But it won't happen that soon IMO
Yes I think it will not fall to the $1500, many who loves to use bitcoin and still supports when in down. It will not always were in down trend. I think bitcoin can recover but not today soon it will.
Maybe it will , but only when people invent something better which will make bitcoin obsolete. But it won't happen that soon IMO
Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by retail public users.
For me, it is not possible given that dumps are just temporary so as such it gives an idea that the market will soon recover and the dumps won't go that far. But still, things are way unpredictable when it comes to the market volatility. We don't know what will happen on the other day so holding until the price of it stabilizes would be a much necessary thing to do.
Bitcoin had a 94% crash in 2011, from $32 to $2.
So yes it is historically possible to have a crash like that. In our case, it would go from $20k to around $1000, touching even the three-digit area.
But see how much it had grow from 2011 to now. If bitcoin survived such a crash in a very obscure time, when it was in its infancy, what can we say of today, with all the development going on, and even governments considering to store it in its reserves?
$20k to $32 is 625x more money. Can you imagine bitcoin in seven years? Just do the math. And we dont need to have more volume for that, as the recent crash proved that 10% of the total volume can move the market up or down.
So yes it is historically possible to have a crash like that. In our case, it would go from $20k to around $1000, touching even the three-digit area.
But see how much it had grow from 2011 to now. If bitcoin survived such a crash in a very obscure time, when it was in its infancy, what can we say of today, with all the development going on, and even governments considering to store it in its reserves?
$20k to $32 is 625x more money. Can you imagine bitcoin in seven years? Just do the math. And we dont need to have more volume for that, as the recent crash proved that 10% of the total volume can move the market up or down.
Well by that logic even PP funds square measure a virtual currency so even paypal funds square measure paltry af
Jump to: