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Topic: Reason Why BTC will Dump to 2.5K$ - page 2. (Read 777 times)

hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
November 17, 2018, 02:07:39 PM
#35
I think that now the price of Bitcoin is not connected with mining. This is just an ordinary manipulation for whales to buy bitcoin cheap
full member
Activity: 980
Merit: 114
November 17, 2018, 01:01:54 PM
#34
Maybe people are becoming tired of cryptocurrencies investments and market because of the market behavior this year.  Bitcoin getting dump below $5000 is what I did not expect but everything is very possible.  We should keep our fingers crossed and see what happens in future as I am ready for any market situation.
legendary
Activity: 1652
Merit: 1057
November 17, 2018, 09:04:19 AM
#33
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.
Normally I would love to sit here and say there is no possible way the price will dump to $2.5k but apparently that type of stuff could happen at any given time. I mean that is really too low and would really destroy all of the interest we have worked to gain over the years but it would also be possibly the best thing that could happen to bitcoin as well.

Yes, all of our investments would worth a lot less than we initially got in but than we will have chance to get bitcoin for incredibly cheap, if it reaches $2.5k it means when it goes to $25k that is 10 times the profit. There is of course, no guarantee that it will go to $25k but I assume it will happen eventually one day, maybe not today or tomorrow but 5 years from now would you be shocked if the price was $25k ?
hero member
Activity: 1106
Merit: 501
November 16, 2018, 12:57:42 PM
#32

Use your head once in a while! When Bitcoin was in the bear market of 2016 with prices below 4000 miners were also below the point of profitability with no way to pay off equipment bought in 2014 for $600 and more. Did that destroy Bitcoin? Even if we repeat 2015 and 16 worst thing that can happen is another 6 months of bear market and maybe 4000 dollar low

That's true, they trusted the potential of bitcoin and waited it to boom but if we're looking at the current state there is so many coins that has been keeping up and new coins coming in, the fact that bitcoin is replaceable after all there is a chance that because of the electricity and mining rig being expensive more and more are considering other option and that is one thing that threatens bitcoin at the moment. It depends on the miner or users view to be loyal and consistent or to try other ways in difference.
hero member
Activity: 1582
Merit: 523
November 16, 2018, 10:56:28 AM
#31
I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.
It already dump that price but all this dump is temporary, it will soon be over and we still know that BTC still have room for making another ATH soon.
Those who believes on fuds probably will lose so I do not think btc price will dump so low. This is right let us hold our btc than selling this time to a lower price. Anyway, although we cannot predict prices I am still on hopes for the recovery period.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 16, 2018, 08:51:33 AM
#30
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.
Stupid noob,who told you that with free electricity,no one can pay for the mining equipment?Try to read some articles about mining equipment prices before creating stupid thread like this
Electricity is the only hindrance for a miner to gain.and if this will be free then for sure profit will be in miners hand
hero member
Activity: 2954
Merit: 796
November 16, 2018, 04:39:25 AM
#29
I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.
It already dump that price but all this dump is temporary, it will soon be over and we still know that BTC still have room for making another ATH soon.
hero member
Activity: 1414
Merit: 516
November 15, 2018, 07:12:41 PM
#28
I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
November 15, 2018, 06:23:01 PM
#27
I don't want to see bitcoin become lower than 2500 dollars. But if that happen Im pretty much sure it will up again.
If grandmother have a balls, it wouldn`t be grandmother at all. This is another spam, fud, you name it post, without any arguments, but with many "if`s". We are all guessing when we will see bottom, 6000 dollars looked like that, and many of us thought it will not go down more, but here we go again, its a positive thinking that price will rise again, and we need to stay positive. But what the hell, market dictate conditions and we need to adopt, wait a bit more and if it drops buy, we all know that the best buyings are on bottom.
hero member
Activity: 1834
Merit: 523
November 15, 2018, 05:25:56 PM
#26
I don't want to see bitcoin become lower than 2500 dollars. But if that happen Im pretty much sure it will up again. Because more people will buy again bitcoin because they want more profit. But if we can increase the value of the bitcoin it is good.
member
Activity: 308
Merit: 35
November 15, 2018, 12:24:48 PM
#25
If the price goes low, many miners will drop off and the difficulty level will decrease, raising rewards for those left. Even if the price dropped to $1000 the network would still be functioning fine, but with a fraction of the miners mining today. These miners would be making profit because of the lower competition and resulting difficulty levels giving them much bigger rewards than they currently see.
full member
Activity: 518
Merit: 106
WWW.BLOCKCHAIN021.COM
November 15, 2018, 12:13:43 PM
#24
If mining has stop btc value will increase to met the demands in the market thus mining again to profit in btc that is the logic we are always seeing for the last years.

You will see a lot of new mining equipment being showcase in the market that is the indication btc has survive.
full member
Activity: 632
Merit: 122
November 15, 2018, 11:32:57 AM
#23
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.
Base on fundamental analysis, bitcoin will dump in price before the end of this year but it will definitely not dump to the price range you mentioned and you unable of mine profitable wont be the reason either.
However, mining profitable required some outstanding mining equipment and for you to get one and how to do it go Mining Section for better help.

Mind to tell me what kind of fundamental analysis is it ? no doubt we are expecting another dump in a couple weeks later because we broke everything yesterday plus the FUD that came from Forbes, Craig wright and else. but i heard nothing about fundamental analysis so far, just curious and wish to know what kind of fundamental it is.

about will it reach that point or not, it is still mystery. just like before when people said it will not go below $6000 because the miners will stop mining it.
but here we are
member
Activity: 308
Merit: 15
November 15, 2018, 09:22:53 AM
#22
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.
5k usd per btc has a lot of complain already how much more if it will fall for more? Anyway, whatever happens to bitcoin now I should hope that it will not resort to ending the system. I was just about to have some fun. And with the huge market price fluctuation I can't be more happy now. It seems like a doomsday today and onwards on the bullish market.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
November 15, 2018, 08:33:14 AM
#21
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.
Base on fundamental analysis, bitcoin will dump in price before the end of this year but it will definitely not dump to the price range you mentioned and you unable of mine profitable wont be the reason either.
However, mining profitable required some outstanding mining equipment and for you to get one and how to do it go Mining Section for better help.
full member
Activity: 812
Merit: 100
November 15, 2018, 06:38:13 AM
#20
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Do you think btc price keep same for 1 year at the bottom ? Some miners know when they mining profit is low, they just don't sell their coin yet.
And you know, when the price of btc keep falling, many miners will stop mining, but not all of the miners. The survived miners will keep mining because they know the difficult of bitcoin will drastically falling due many miners stop, and they can earn more btc from mining.
full member
Activity: 2548
Merit: 217
November 14, 2018, 06:34:35 PM
#19
If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.


I think that's not reason causes of bitcoin goest down at that price amount if you study the history of bitcoin in the coinmarketcap price dip at bpvery low value, so if bitcoin well down upto 2000$ well doesn't means need to panic and quit to invest in cryptocurrency.

You are making panic to the community sharing your thoughts and negative perception for bitcoin future, please next time kearn well your thoughts before sahring to the community do not offend i hpjust want to correct your negative attitude.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
November 14, 2018, 06:25:37 PM
#18
The Cycle keeps repeating im confident about the market reacts, looks like there's alot of Technical Analysis who are right on this chart, CBOE Expires what can we say more?? I hope everything will be fine, Im bullish on this.
full member
Activity: 448
Merit: 102
November 14, 2018, 06:23:31 PM
#17
Bad news if the price is BTC, 2000 $ - 2500 $. Surely all ALTcoin also fell sharply, surely many investors complained about this, because assets dropped sharply. Can only hope, hopefully, prices will rise again soon.
crypto in my life now is a place to invest and make money !!!
hero member
Activity: 1260
Merit: 510
November 14, 2018, 06:14:13 PM
#16
I don't believe Bitcoin will reach that point again, except ETF decision is disapproved.
Today Bitcoin price reach new all time low in 2018, itt's now at $5600, but i believe it won't going more lower than $5k .
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