Topic: The reason why bitcoin will never *stay* below 5000$ again. PROVE ME WRONG - page 6. (Read 2504 times)
August 08, 2018, 10:31:43 PM
There is a possibility that bitcoin can fall below $5k. As we all know the fact that crypto currency market is bubble market which can boom at any time, there is a high risk for the crypto coins especially bitcoin which is very much popular nowadays to crush down and face disasters
August 08, 2018, 07:24:13 PM
I agree with the posters who believe bitcoin can dip below $5,000, but this is unlikely and highly improbable for it to remain below that level. Institutional money is just starting to flow in and digital currencies are clearly the future of money.
August 08, 2018, 06:49:28 PM
The main reason Bitcoin will stay above $ 5k is, the harder it is for Bitcoin to be mined. Because the miners have a big role in the supply of Bitcoin. Especially in 2020, Bitcoin will experience halving and of course the price will touch the new ATH in that year. Thank you for thinking positively.
August 08, 2018, 06:16:20 PM
I think that's a positive side of manipulation to be honest, Big investors will be doing anything to keep the market up and running which is why personally, I also think that Bitcoin will never fall below the 5,000$ mark. But, since the market is volatile, anything can happen within a blink of an eye.
August 08, 2018, 04:58:32 PM
Given that this market is so dynamic, it is hard to predict with a hundred percent accuracy and that it will be iron clad. Given the coin recently recovered and then on that very month it took an 11% fall. So, it is still too early to comment on that.
August 08, 2018, 03:50:08 PM
In the market of crypto currency price is determined by the supply and demand policy mainly. So here we cannot say any fixed price for any crypto currency. It is possible that bitcoin will be below 5000 and it is also not possible. But from analysis we can predict that price will never go below this.
August 08, 2018, 02:04:43 PM
I am very confident that bit coin will come up again. Bitcoin will be able to back as well as last December. I did a research and I believe that it will happen.
August 08, 2018, 01:07:18 AM
a large number of coins have never been on exchanges, so the rate has the chance to fall below in the short term
August 07, 2018, 06:42:05 AM
The market is influential even with a certain percentage of capital because there is no awareness regarding the behaviour of the market. This results in the creation of panic waves which are beneficial for the big whales and institutional investors. We should also consider the factor of the growth of Bitcoin in terms of utility instrument in the coming years. The utility value and actual market price might have some difference but it won't be more than 20 to 30%. As we all know that there is going to be the limited supply in the market but on the other hand there is exponential growth possibility in the user base so the price is not going to remain constant at all.
August 07, 2018, 05:30:56 AM
I'm sure that the price will not fall exactly below 5k as this can be considered an invisible minimum for bitcoin. Although it seems to me that below 6k will not be and the price on the contrary will only grow until the end of 2018.
August 07, 2018, 05:25:52 AM
not everything is clear to me that the author wrote but I agree with the opinion that bitcoin will no longer cost less than $ 5000. we have six months to wait for us and after that we will all get our profit for the warmth!
August 07, 2018, 05:22:41 AM
BTC may fall back to under $ 5000 but if it falls it will get back up very quickly, simply because on average an average btc exploit to dig a BTC loses $ 4,800 if the BTC is below $ 5000. For too long they will not be able to afford it and will eventually have to leave the crypto market going down, investors and miners will have to control it so that btc can not reach below $ 5000. . That's my personal opinion, thanks!
August 07, 2018, 05:17:35 AM
I heavily agree on what you said on your topic post, but I don't get it's correlation to bitcoin never going below $5000. Though going below $5000 is unlikely in my opinion, I don't think it's impossible.
August 07, 2018, 01:16:58 AM
If Bitcoin stayed below 5,000$ for a long time, mining is not economical. In my opinion, at this price, we see support from miners.
August 07, 2018, 12:45:52 AM
A 120 billion market cap could be 1000 people with 120m,but most likely it`s about 10 million people,each with 10,000 USD worth of btc and a few crypto billionaires.It's proven that the crypto whales own less than 30% of all bitcoins.They can't own 90% or 100%.Having a bitcoin price of under 5000 USD doesn't mean that ALL the whales will start buying btc.They might choose to pump some altcoins or invest their money in non-digital assets.
August 07, 2018, 12:39:46 AM
yeah , but that can't be considered as the one and only reason. There are lot other supporting reasons for this. But bitcoin sure will not go beyond 5000$ ,, when referring to the reviews of experts we can guess that good time is coming 
August 07, 2018, 12:37:03 AM
You are saying this because of the present situation of bitcoin is misarable but don't forget there are a large number of people who are still grabing the opportunity to buy bitcoin in low price so, 500$ will never happen.
August 07, 2018, 12:26:43 AM
I think billionaires are probably looking at safer things to place their money in than Bitcoin. The billionaires that are involved with Bitcoin are probably people that got in early on.
I don't see how you can assume the price can't go lower than $5000. It easily could dip lower and never come back up by people selling and not thinking it will ever go up.
I don't see how you can assume the price can't go lower than $5000. It easily could dip lower and never come back up by people selling and not thinking it will ever go up.
August 06, 2018, 11:49:31 PM
I think what we witnessed in last december will happen again and at a greater extent. Don't ask me when, but that's a given.
Maybe you are right if we look at bitcoins graph last year it still can be dont by this year, day by day there is more people that give's interest on bitcoin but still we cant tell everyone that it will happen and you are 100% sure about it because no one knows what will happen.Price won't give a fuck on whether it can be used everyday to buy stuff.
I think this statement is correct, until there is no demand added the price wont change or until there is no one selling below the right price. If everyone use bitcoin to fulfill their everyday need's it only affect's the circulation not the price. August 06, 2018, 06:47:47 PM
We could not say exactly like that.A general reason which we could indicate is that more people are getting aware of bitcoin and hence demand continuously increasing which would not let bitcoin price to fall down more.
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