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Topic: The point of no return - page 3. (Read 649 times)

sr. member
Activity: 641
Merit: 253
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January 22, 2019, 07:57:29 PM
#55
There is no such point because bitcoin price can grow even in one day! We already have seen such incidents many times. Bitcoin price is not strong at 3500 USD, it can go under 3K USD anytime. But the fact is bitcoin price can be increased without even big news! So, I suggest you, stop thinking about no return, dead things and avoid negativity about crypto. Do your works very hard, once the crypto market starts growing, everything will be more than enough.
jr. member
Activity: 238
Merit: 1
January 22, 2019, 07:39:03 PM
#54
I think that even if he falls to suppose 1k dollars, he will still be able to return to the top
hero member
Activity: 896
Merit: 630
January 22, 2019, 07:02:11 PM
#53
Trends on price of Bitcoin is not determined by its level and there is no such limit. Since 20k ATH was a price above all expectations, price could not hold on to 20k. If we have good news on adoptin side and countries change their stupid attitue to crypto currencies, everything will change and price goes up.
hero member
Activity: 931
Merit: 500
January 22, 2019, 06:43:55 PM
#52
Nobody knows clearly, new declines in Bitcoin price can be seen. My idea is that if the prices drops, I think these drops will have a good buying opportunity. Because Bitcoin and Blockchain technology is slowly spreading around the world.
hero member
Activity: 1092
Merit: 500
January 22, 2019, 04:25:38 PM
#51
At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

Nobody knows about what could be the price value of bitcoin, we don't need to pretend on this of business. Since we all knew that Bitcoin is volatile, and because of this its really hard determine or predict even for an hour we don't know what could happen if it is going to get high or dump something like that.
member
Activity: 322
Merit: 20
Donating 10% to charity
January 22, 2019, 02:00:34 PM
#50
At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

Bitcoin will recover any low price my friend.

The only people that lose all their money are those panic selling when it's low. It's pretty simple. I don't know how long could take, but maybe we could see really low prices in the future.

However, the people who panic sell will never run out.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
January 22, 2019, 01:52:21 PM
#49
At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

3000 is a pretty decent price

Let's not forget that a little over a couple years ago Bitcoin's price was way below 1000 (and in 2015 it fell below 200 dollars). Anyway, this is not a matter of price as such. For example, if Satoshi (or whoever lays hands on the private keys from his wallets) dumps his 1M stash of bitcoins in the open market, the price will likely crash into single digits. But will it hurt Bitcoin beyond the point of no return? Obviously, not. So it all depends on the factors which will lead to such price crashes, not on the crashes themselves
member
Activity: 420
Merit: 20
simply getting the job done
January 22, 2019, 01:50:36 PM
#48
It is difficult to say what price can be considered as a point of no return. The fact is that the market is moved by large players, and they are more likely guided by the potential prospect of an asset. In other words, if they see the potential for growth in the asset, they will still buy it. It will be worth 200 dollars and 20,000 dollars. Another thing is that everyone wants to buy cheaper and does not want to hurry. Major players can wait for years. Therefore, it is quite possible that the price will fail and up to $ 2,000 for Bitcoin, but fundamentally it will still be interesting for purchase, and it is quite possible that this will be its bottom.
newbie
Activity: 20
Merit: 0
January 22, 2019, 01:20:32 PM
#47
I don't think it's possible to determine it. I think the point of no return would be below $1000 but well, we'll see
member
Activity: 616
Merit: 30
January 22, 2019, 12:09:43 PM
#46
At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?
What you’re asking is bottom?there is no specific because we can go below $1000 and nothing is impossible

But let us be more optimistic since the volatility of cryptocurrency is showing its presence that we must always consider that instance..

But $3000 is much even better for this years bottoming
member
Activity: 425
Merit: 10
January 22, 2019, 11:56:20 AM
#45
As long as bitcoin has a value, it can still recover. What matters here is how developers will maximize the usefulness of bitcoin blockchain. This is the concern about bitcoin, most people treat bitcoin as digital asset only rather than a technology.
member
Activity: 868
Merit: 16
January 22, 2019, 11:55:18 AM
#44
Everyone who answers your question just relying on a prediction is not a certainty. That means no one knows the price of bitcoin is decreasing and the price of bitcoin will recover. If you have an investment in bitcoin now you can be able to focus on choosing a long term, do not rely too much on short term, none or rarely for someone who gets a big profit with short term. Everyone already knows the questions that you convey, but they will never answer them by making you sure.
legendary
Activity: 2492
Merit: 1018
January 22, 2019, 11:52:36 AM
#43


A coin dies when no one is using it, just like the dead coins created during the early year of BTC, there are lots of them got delisted on exchanges because no bids on them anymore.  BTC is far from being dead if you check the volume of each exchange. There is no point of no return, it will always return unless we all decide not to use BTC anymore.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
January 22, 2019, 11:42:07 AM
#42
There is no such 'Level' from where bitcoin can't recover its price. As long as there supporters for the bitcoin, the price of BTC will keep moving and as long as the price is moving, there is a chance for it to go to the ATH.
You can see the previous price crashes from the history of the bitcoin and find out that BTC has recovered similar falls and it still went to the all time high price.
In the same way BTC will surely cross the ATH price and may be fall down again only to set the new ATH again. This it how it goes with the time span increasing every cycle.
copper member
Activity: 182
Merit: 1
January 22, 2019, 11:30:22 AM
#41
everything started with nothing, even though it dropped even to $1000 theres a chance to get back to the previous price where Bitcoiners like it a lot. the downgrade of Bitcoin's price it's probably time to buy and wait for it to rise again and sell it for the good price.
sr. member
Activity: 812
Merit: 256
January 22, 2019, 11:29:36 AM
#40
I dont think there is price from which BTC cant return i really belive , what we need for return investiments ,itsnt it so any time milins of people join market and start buy BTC we would have return and no matter what price would have BTC 3000 or less even we have only 21mln total supply and as we now many BTC were lost in early stages.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
January 22, 2019, 11:23:18 AM
#39
At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

That point of no return would probably be less than $1000.
Some say bitcoin will fall below $3000 before a new market cycle starts and reach new heights.
Even some people predict that the price will fall $3000 it's not yet sure if this thing will really happen. But, for me I will remain positive which I know the price will recover soon. I hope the price of bitcoin will not fall at $3000 because it will might the reason on its hard recovering.

$3000 although being low is not a serious threat, anything lower than that because it is a major buy support, can be a bad thing. although it is not because of what OP says, there is no such thing, but because it will increase the length of the downtrend by a lot more and that will also damage adoption since it slows that  down significantly.
legendary
Activity: 1904
Merit: 1000
January 22, 2019, 11:17:14 AM
#38
At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

There is no one knows what is the lowest price will be and when the glory day will come again. For now, it would be better to collect as much bitcoin as we can and let the market decide what the result will. And one more thing, let's continue to support anything that will be developed by people who are competent in their fields , the developers and the adopters in this case, so that bitcoin continues to exist for a very long time.
member
Activity: 226
Merit: 30
so.. hru?
January 22, 2019, 11:06:02 AM
#37
You literally never know what the price is going to be. Bitcoin is so volatile that anything can happen. Maybe it will increase 10x again, or maybe drop 90% today. Who knows but I doubt it's going to rise back up because of all the speculation that people are doing right now, predicting it's going to be a bear market because they don't believe in bitcoin, and the people who invested in bitcoin and lost just left bitcoin forever and thought about it as a scam.
sr. member
Activity: 833
Merit: 267
January 22, 2019, 10:25:29 AM
#36
  For bitcoin, there can be  no the point of no return. Now the price of bitcoin is falling, but it does not mean that bitcoin will die. Bitcoin is beginning to be used all over the world as a means of payment and investment, therefore, bitcoin technology is only at the beginning of its journey.

Yes there is no point of return. Bitcoin price going lower means it will come back with good results it happened earlier also. The investors will increase and the value will get automatically increased. Bitcoin has been approved in many countries and people started using it so there is no point of return going forward just believe in bitcoin for sure it will be profitable one day.
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