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Topic: What will be running in your mind if Bitcoin reaches $1000 again - page 10. (Read 19554 times)

legendary
Activity: 3234
Merit: 2112
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Bitcoin has always been a good asset in the crypto market, so if its price drops drastically, then there’s no reason to doubt but always give our best shot on making a maximum purchase at that certain value. Bitcoin price won’t keep the same the whole time, so while the price is still very affordable, let’s grab the chance and take advantage on the best opportunity that comes. Bitcoin is the best gem in this market, so no need to question about its sudden price drop.

A price drop to as little as $1,000 is impossible. I think many whales would like to be able to manipulate it at this rate, but there are limits, even for whales. But let's imagine they somehow combined their efforts and made that happened. Why would they do it? Only one reason: to accumulate much more BTC buying it at such a low price. What can we, regular people, do then? Seize the opportunity! Buy as much as you can, because the same whales surely will make the price go up when they will be accumulating.
sr. member
Activity: 1008
Merit: 366
If it ever reaches to that price point, for sure whales as well as people who are in crypto market and have gained some knowledge will definitely invest in it. It will be a great opportunity to fill up your bags. So why not?
legendary
Activity: 3976
Merit: 1295
Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

Bitcoin was not $69k in 2020, that was 2021.

Unless there is some huge problem with the protocol itself, $1000 is very unlikely and if there is a problem with the code or protocol, then the price could even be lower.  Given the code as it is now and the code review that goes it, that seems nearly impossible.  If it is just a panic by someone selling a bunch, that is a different story.  So without knowing the cause it is difficult to say, but nothing that has happened in 12 years and one month has changed the proportion:  if you want to control your own money without being subject to the whims of authoritarians around the world, bitcoin (and PMs) are your best bet.
sr. member
Activity: 1176
Merit: 252
I don't think that will happen, Bitcoin should not drop to the price of $ 1000 USD, When Bitcoin drops to the price of $ 10,000 USD I think a lot of people will be busy buying, Especially if the price falls to $ 5000-$1000 USD, maybe a lot of people will sell their offline assets to buy Bitcoins, including me will do that too. LOL
But the bad thing is that there will be a lot of people suffering, frustrated that their assets have fallen so deep.
hero member
Activity: 2800
Merit: 603
The crypto industry is standing on Bitcoin. I don't think so that Bitcoin will come to $1000 but if that mega collapse occurs, then I will buy much Bitcoin because Bitcoin never loses. If it loses then it will be a new scenario for whole industry and no speculation is available so far for that emergency.   
Well, I'll do the opposite, I won't because it was an indication that Bitcoin had its ending journey. I considered it bad news, really. Presumably, Bitcoin won't fall that bad if investors are there to help it and people still appreciate it. Might be wrong to think about it will die but that was the thing. We can't really see Bitcoin drop and reach $1000 as long as it was still valuable and useful but assuming the scenario, it simply thinks about selling for this might be the last day of Bitcoin.
member
Activity: 220
Merit: 10
The crypto industry is standing on Bitcoin. I don't think so that Bitcoin will come to $1000 but if that mega collapse occurs, then I will buy much Bitcoin because Bitcoin never loses. If it loses then it will be a new scenario for whole industry and no speculation is available so far for that emergency.   
legendary
Activity: 2086
Merit: 1058
Buy buy and buy. However, I do not think I will be able to wait until bitcoin reaches $1000, because I am afraid I will not have sufficient funds at that point. If bitcoin drops to 10k or 5k, I will probably go all out with all I have to invest. For me last $17k is a pretty good price and I'm waiting for $15k I will be happy when bitcoin hits $15k this bear season. I never thought bitcoin had a chance to get back to $1000 again.
This is the same reason why it will not reach there as well. People think that it will reach that price but in reality we all know that it will not reach there at all. I think it would be quite easy to understand that it will be a hard pass on most of this because it is going to end up with a big deal and a trouble.

If we do this then price can't go down? Because, we all end up buying before it reaches there, you would, I would and believe me everyone would and that is why it won't. That literally happened, price reached under 18k for a quick while and it was such an amazing price to buy that we all stopped and started buying a lot and made it go back up again.
newbie
Activity: 9
Merit: 0
1000 dollar price range would mean that btc is dying, or the ecosystem took a big, disastrous hit. It would mean the end. Maybe there would be better alternatives out there. The people who comments that 'I would buy' would never buy, they would be already on depressive state regarding btc.

Did any of you bought at the 4000-6000 range for hodl? ... See?

I think a fair question would be that what would or will you do if btc hits 10k?
newbie
Activity: 2
Merit: 0

I'll add some first and see the rest, but honestly that's not going to happen, Bitcoin's popularity will keep him.
legendary
Activity: 2086
Merit: 1566
Price: This is speculation, none of us can know the price in the next years. It is created by supply and demand and the supply increases daily, or better every 8-11 minutes. The acceptance is in my opinion the key, as long as there is someone who wants bitcoin, the price will go up. Bitcoin has a 21M. limit, that is important for me and for many others. So if the price should really be so low, then I would not lose faith in the system and also invest again. But if the price really so low, then we have in the world believed other problems.
full member
Activity: 1302
Merit: 128
Vaccinized.. immunity level is full.
Buy buy and buy. However, I do not think I will be able to wait until bitcoin reaches $1000, because I am afraid I will not have sufficient funds at that point. If bitcoin drops to 10k or 5k, I will probably go all out with all I have to invest. For me last $17k is a pretty good price and I'm waiting for $15k I will be happy when bitcoin hits $15k this bear season. I never thought bitcoin had a chance to get back to $1000 again.
full member
Activity: 1974
Merit: 174
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As for me, my investment has just begun. I have learnt from my past mistake.
for me ? if this happens then I will look at it as a Gold or Oil mine  that I need to invest so much because this is once in a lifetime opportunity .

Imagine if there is 1000 price of bitcoin in my face? that will be a x1000 once bitcoin reaches out 1 million dollar things that will surely come in the coming years.

what I only need is to keep holding my funds and i will be a millionaire in the next couple of years.
newbie
Activity: 14
Merit: 0
If it reaches $1000 It would be the best opportunity for me to buy. I will be entering into my buying mode.
hero member
Activity: 2030
Merit: 549
Leading Crypto Sports Betting & Casino Platform
At first, of course, exactly surprised and dropped too much.
Of course, it needs quite some time to be calmer. And believe that Bitcoin is able to survive from that deep crash, struggle together, and rise up again. This must not be easy for all people, there must be so much FUD destroying everybody's mind and health. So many people may be stressful because of this very crash condition.
But once more, as long as we can control ourselves, that may be the best time to buy more and more Bitcoin, this si exactly for the long term holder become a very good time to buy more Bitcoin. Because, there may not be any other time again to buy many Bitcoin very cheaply
hero member
Activity: 952
Merit: 824
Livecasino.io
One fact is that even if bitcoin should drop to $1000 there are still people who would not invest in it. For the I guess the answer is as simple as i'd invest through DCAing as I have found it the most efficient method of investing in bitcoin that keeps me sane. However, this is just a pipe dream that only exist in our imagination and wishes.
legendary
Activity: 3542
Merit: 1352
Excel is fun
It would be an easy buying spree for me, although I'd be anxious about my decision too since there could have been some huge reasons as to why the price dropped like that again all of a sudden. Most long-term bitcoiners would probably think that it's another huge buying opportunity, especially those who largely believe in the success of bitcoin. I'd take my chances and perhaps buy two or three bitcoin, and just keep them in storage and forget about it in the next few years.
sr. member
Activity: 2436
Merit: 324
It is not possible any days drop bitcoin price to $1000 . i still not believe this. i didn’t also think it can drop bellow 15k in any days. btc including all coins are  dumping now and hope soon btc will recover and get previous price
You cant really tell such thing because nothing is assured when it comes to crypto market where everything is really unpredictable.Let me ask you this.. Whose the one to expect the price drops down on the previous ATH that we've been trying hard to breach out back in the past? (im talking about 20k) .. We've been able to reach 69k into its ATH which is really too far off on what we had seen or if we do make out some
comparison but look at on where we are now? We dipped back as long as 17k which no one had anticipate for it to happen.So its not really that impossible for someone to think about dipping back to 1k
but of course if ever it do reach out that kind of state then it does indicates that there's something wrong with it.
hero member
Activity: 1274
Merit: 588
It is not possible any days drop bitcoin price to $1000 . i still not believe this. i didn’t also think it can drop bellow 15k in any days. btc including all coins are  dumping now and hope soon btc will recover and get previous price
hero member
Activity: 644
Merit: 592
Leading Crypto Sports Betting & Casino Platform
there are fundamentals that prevented bitcoin from dropping below $17k
no one on the planet was able to mine bitcoin cheaper than $17k at the time of the 2022 LOW

I like your enlightenment, the perception is true, yet my question is in assumption. You have replied with the reality of today, fine, but anything could happen fundamentally and Bitcoin could drop even with a lower mining price to fulfil the assumption.

I think most people would be buying up in large quantities
I beg to disagree with you. People behave like doubting Thomas, it is when they miss the opportunity that their eyes will clear. I will not blame them though because the asset that had hit almost $69,000 dropping to $1000 will be less attractive to buy.

I bought my first coins at $400+ and I can still kick my ass that I did not buy more coins at that time. Ok, I had to cash out on some long-term investments to buy bitcoins back then, but those investments were dead as a horse, with 10% profit per year. I sold some of those bitcoins for a 800% profit....  Wink Wink
Someone like you already has all it takes to take the risk in Bitcoin, I know you can beat your chest to reinvest at that lower price.

hero member
Activity: 896
Merit: 653
Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020.
I think you need to go verify your information again because you are totally wrong here, there was never a time Bitcoin got "All Time High" in 2020. The correct answer is November 2021, which was the time Bitcoin rose to almost $68k.. So please OP next time it will be good to verify an info before posting it
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