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Topic: The point of no return - page 4. (Read 649 times)

full member
Activity: 560
Merit: 100
January 22, 2019, 10:22:29 AM
#35
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 are many wild conclusions and predictions for bitcoin prices in the next few months or for this year. but too many posts and more rumors about the decline in bitcoin will continue.
I think anything can happen including bullrun in the near future. we will never really know what will happen
sr. member
Activity: 868
Merit: 257
January 22, 2019, 10:08:53 AM
#34
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.
full member
Activity: 658
Merit: 100
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January 22, 2019, 09:56:28 AM
#33
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?
I could not find its final position. Bitcoin has an extreme support level of about $ 3,500 - $ 3700 but it is already awful, and it has not surpassed the price of $ 4,000. I am worried that Bitcoin will drop sharply in the following days if it does not grow again as this is putting massive pressure on investors.
full member
Activity: 532
Merit: 170
January 22, 2019, 09:54:19 AM
#32
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 are many possibilities that can occur including for bitcoin bullrun. I think the market is so fluctuating plus some rumors that are developing make the growth rate difficult.
I think bitcoin will be in the range of 3k in the next few months until finally it can really stabilize
hero member
Activity: 2548
Merit: 666
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January 22, 2019, 09:25:35 AM
#31
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?
This is really uncertain, prices on this kind of market is really volatile and no one knows when it will increase or decrease. We are having a strong hold on price range such at $3500 and i guess bitcoin will stay enough long for the bull to run this year. The only thing we can do for now is to support by buying bitcoin to increase its price on the market.
legendary
Activity: 2114
Merit: 1147
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January 22, 2019, 09:18:47 AM
#30
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.
member
Activity: 714
Merit: 10
January 22, 2019, 09:16:22 AM
#29
  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.
full member
Activity: 616
Merit: 100
January 22, 2019, 08:54:18 AM
#28
i think the price that makes bitcoin can't return when they reach the price in the low price on the last year before, for excample when the lowest on 2018 is $1000 so i think if in this year the price reach below $1000 i think the price of bitcoin will never recover again
sr. member
Activity: 840
Merit: 250
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January 22, 2019, 08:47:08 AM
#27
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 can recover from aby value. Theoretically the lower the value goes
the quicker it would recover or at least stabilise (temporarily).

We
really and my prediction this year, of course, in the middle of the year, bitcoin will experience a good price increase even though from now on it is still slow to experience changes
full member
Activity: 686
Merit: 108
January 22, 2019, 08:43:02 AM
#26
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?
We have an unlimited chance to get back to the peak level as long as there are investors and soon it will happen. We should not be discourage by just looking at the market, try to analyze it well and you will have more smiles in your eyes as you can see a bright future ahead.
legendary
Activity: 2282
Merit: 1268
January 22, 2019, 08:36:30 AM
#25
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 can recover from any value. Theoretically the lower the value goes
the quicker it would recover or at least stabilise (temporarily).

We can asume as the value drops there will be bigger buy orders generated
which would stabilize the fall in values.
legendary
Activity: 3542
Merit: 1352
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January 22, 2019, 08:27:16 AM
#24
$3000 still seems to be a shallow trench that bitcoin could easily recover from. Perhaps a trip back to the 3-digit lair would somewhat prove difficult for bitcoin to return to its former glory, seeing that most businesses and people by then would start losing interest and will just be investing their energy and money somewhere else. I'm still optimistic though that 2019 will bring some form of turnaround for the trend, as many services and institutional investors are eyeing bitcoin for this year.
sr. member
Activity: 742
Merit: 395
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January 22, 2019, 08:22:57 AM
#23
Frankly speaking , Point of no return should not be governed by the current price of bitcoin.  Actually I like to check hash rate graph.  time to time. To me , hash rate is still in good range.

@OP, Why you are worried about $3500 this time, because we bounced after touching $3200 too.
legendary
Activity: 2842
Merit: 3518
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January 22, 2019, 08:21:57 AM
#22
Well, for simple guys like me, Bitcoin already passed the point of no return some time ago, probably even long before I started looking up my first transaction. XBT counter on analytics? People and states using it? Ever-positive rates of growth in so many areas (hey, even price too if you're willing to widen your timeframe horizons)... there's no going back to a single client running it, unless you go to testnet, that is!

Nothing is forever, sure, but our kids and their kids won't live to see Bitcoin's death.
full member
Activity: 392
Merit: 103
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January 22, 2019, 08:10:54 AM
#21
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?
No one knows where would be to the bottom of bitcoin as long there is whales wjo have huge number of bitcoin in their wallet they can do what they planning to but as long as more and more people are buying and patronizing bitcoin the good side is always on us as long as you keep holding and not affected by bearish sentiment you will be victorious in the end.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
January 22, 2019, 07:45:48 AM
#20
Quote
Is $3000 the low point after which there is limited chances of it returning to the glory days?
bitcoin's "glory days" are not days that price is shooting up. in fact those days are the worst because although you may be blinded by the profit, the reality is that we are entering bubbles at those times and bubbles are never a good thing.
True, and it's not just the bubble that was problematic during that time the network was overflowing with too much transactions causing miner fees to spike.

that was happening at the same time and causing a lot of issues but the reason for it was not all about the bubble and the surge of new users. although they contributed to the big back log but most of it was because of the spam attacks done by different sides of the scaling debate plus the altcoin pumpers which were trying to undermine bitcoin to pump their own shitcoin (such as  Dash which were running campaigns for spamming bitcoin network).
jr. member
Activity: 126
Merit: 1
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January 22, 2019, 07:39:18 AM
#19
This market in which we are ,does not have any fixed bottom or peak,its nature is volatility and it will remain as such.However psychological barrier can be fixed as per sentiments of the market now which is around 3200$ where it has a strong support and could not break even in the last pull down.
jr. member
Activity: 308
Merit: 8
January 22, 2019, 07:31:30 AM
#18
There are other speculations that the support is around $2500, this makes it not reliable as all are still speculation. The only fact is that there is a bear market from last year and it is still persisting.
sr. member
Activity: 854
Merit: 250
January 22, 2019, 07:09:01 AM
#17
prices can move anywhere without limits according to market movements, so there is no particular point that we can mention as the lowest point
full member
Activity: 1190
Merit: 111
January 22, 2019, 07:01:51 AM
#16
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 will be no point at all, the support is a good support for the community but still it can be break anytime.
What the coin needs is the demand from the people.
On how we can see the market before like 2017 it was a strong demand from the people all around the world that makes the price to rocket.
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