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Topic: Once we hit $1000, how far will BTC drop? - page 9. (Read 7392 times)

hero member
Activity: 840
Merit: 520
December 26, 2016, 08:58:52 AM
#8
Thats depends on the bitcoin holders if they are going to sell their holdings. But i think 30%-50% price of bitcoin will be decrease when the owners decided to sell their btc when it reached the $1000. $1000 is good price. Even me, its harder to hold bitcoin when the price reach that price. Maybe we will never see that price again.
legendary
Activity: 2016
Merit: 1107
December 26, 2016, 08:39:53 AM
#7
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).

The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?

who told you it will hit 1000$ ?
it seems likely but it will not happen overnight,Huobi and other chinese exchanges have been trying for many days
the price went from 780-790 to 890$ in a week or so
I hope we stabilise at 900 and have some growth in the next 2 or 3 weeks that follow
again I don't think 1000$ is going to happen before February
full member
Activity: 140
Merit: 100
December 26, 2016, 08:33:51 AM
#6
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).

The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?

It might drop substantially but I don't think it will go down under $750, and I think you're correct that the price may stable around $800-900, given the bitcoin's fundamentals are getting firmer everyday and it's better overall for bitcoin if the volatility will be checked.
legendary
Activity: 1596
Merit: 1011
December 26, 2016, 08:25:04 AM
#5
If the bitcoin will reach 1000$ price each then the drop the you are expecting might happen because we know that if there is a pump there is a dump. In my opinion, Bitcoin will drop down to 600$ then it will take a few weeks or even months then it will climb up again to 750$ to at least 870$ then it will become stable for that price. But that is only my prediction for the price.
we certainly can not predict exactly how bitcoin price dumping. because basically no one can control the price of bitcoin. changes in prices influenced by all users bitcoin.
legendary
Activity: 1666
Merit: 1001
December 26, 2016, 07:12:01 AM
#4
it depends on the occasion, few days a go the bitcoin price is hitting the roof because there are so many transaction due to the Christmas events, at that point the price will not hold for a long time, it will go down soon, but if the price rise without any events, its mean that there are investor that made the transaction at that point maybe bitcoin could hold in the position, but I don't think it can drop back to 500$ because there are increasing amount of bitcoin user
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
December 26, 2016, 06:49:37 AM
#3
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).

The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?

My prediction for this price pump. It will drop to $700, 'coz BTC now is in demand so that's why it won't drop to less than $700. And now based on observing the btc pump is predictable 'coz of the christmas holiday. Anyways just a newbie on trading, but has a year of experience. I won't contradict with the pro's here 'coz they have more experience than me. Anyways Happy Holidays Smiley
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 26, 2016, 05:21:32 AM
#2
If the bitcoin will reach 1000$ price each then the drop the you are expecting might happen because we know that if there is a pump there is a dump. In my opinion, Bitcoin will drop down to 600$ then it will take a few weeks or even months then it will climb up again to 750$ to at least 870$ then it will become stable for that price. But that is only my prediction for the price.
newbie
Activity: 9
Merit: 0
December 26, 2016, 05:10:58 AM
#1
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).

The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
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