What's the lowest value you think bitcoin will fall to before the end of 2017?

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legendary

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Quote from: donDrey on November 17, 2017, 12:36:48 PM

The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?

you should offer a reward, the reward could be 0.001btc, this would encourage the birth of yet another great analyst.
going to your answer, I think it will be $8000

Quote from: dmamigo on November 22, 2017, 02:16:54 PM

but I don't think there will be another fall unless something serious takes place around the globe or in the cryptocurrency market.

when people knew that Tether Claims $30 Million in US Dollar Token Stolen, the price of bitcoin fell to $ 7800

dmamigo

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I believe the price did fall the lowest already during the fork which failed and there was a price fall, probably that would be the lowest one before New Year.
Even if we see another fall, it might be as low as $7500 max, but I don't think there will be another fall unless something serious takes place around the globe or in the cryptocurrency market.

bitcoin31

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Maybe the lowest price of the bitcoin possible to vecome when it decrease is around 7000-8000 dollars before end of this year. But they have possibility the price will increase more like 10,000 dollars in the year of 2017. There's only two either the price decrease or increase in the end of the year. But I hope the price will increase more so we can make more money.

kyanscadiel

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Quote from: donDrey on November 17, 2017, 12:36:48 PM

The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?

most probably it will fall down to $7000-$6000 at the end of 2017 but lower than that maybe is impossible.

JanpriX

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Buy The F*cking Dip

I know that from what's happening with BTC's price now, a timely consolidation is very inevitable. That's always been present in any bull run by BTC and that is still bound to happen before this year ends. My take is that it will touch the $6k area again when it consolidates but that dip will just be a good catalyst for another great run. Always ready your cash to but BTC when its price goes down and just take it as a long term investment.

tommy05

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Quote from: donDrey on November 17, 2017, 12:36:48 PM

The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?

The lowest price that bitcoin may achieve is $6000 there was really huge walls around that area so I suppose if it will go down again $6000 may be a peak before it rise again

player99

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7k, maybe 6.5k then up to 10k this year.

cindygirl

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Quote from: donDrey on November 17, 2017, 12:36:48 PM

The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?

I think we won't see bitcoin below 6500 before the end of 2017, probably not even below 7000 or even 7500. Unless there is some major bad news (which I don't think there will be) we have probably passed the worst now for this year. Bitcoin recovered rapidly after segwit2x and now seems to be in a position of strength.

noel2123

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It might go as low as $6500 but I think that is the maximum since there was really huge walls below than so we could expect that the price may go down up to that area before the end of 2017

akram143

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Bitcoin will finish the year atleast with $8500,because the current value of bitcoin is at $7800 still 40 days have to fininsh this year so it might able to reach upto $8500. I hope highest value of the 2017 will be $ 10K.But no one can predict the future so just wait and see how much the bitcoin can climb this year.

JCO05

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Quote from: donDrey on November 17, 2017, 12:36:48 PM

The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?

I thinj it will only drop down to a value of 6500$, since there's only a month remaining and the market value of bitcoin is increasing at 6800$ at this moment. I wish it won't fall that hard and nothing wrong will happen that won't be in favor for Bitcoin so that its market value will be high on entering the year of 2018.

SimonJones

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I believe it won't fall below $7000 again. I expect it to be $9000 to $10000 by the end of the year.

djaliel

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can be down at $6300, but it's temporary, will rise again slowly will be stable until the end of the year on $7000-$8000 , I do not think to $ 10000

bpcguy

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7000 can be the minimum, but I don't think that it can be less.

Aamir1

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I don't see it falling anything below $7,000 before the new year, and if we were too lucky, it will cross $8,200 before the new year and will set some new all time highs at the start of 2018. Right now the price of bitcoin is quite stable between $7.6k to $7.8k and if it start falling again, it will hardly cross $7.2k and if it crossed that, it will end up falling a few hundreds bucks more, but i think it will stay above $7k atleast, in this month and in December too.

Basmic

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Quote from: SONG GEET on November 19, 2017, 06:10:58 AM

It is quite hard to predict but I think price can go below $6k if there will be quite big bad news like some exchange platform getting hacked. But if there will be nothing like that than price might only pump to over $10,000 like many have predicted before January.

No platform sharing is not hacked. Hacked only single accounts. This is due to neglect of safety rules by the users themselves. Now I do not see any reason for concern. Bitcoin will continue to grow. The growth rate depends on many factors, but the fact that the upward trend will continue more than one year.

SONG GEET

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It is quite hard to predict but I think price can go below $6k if there will be quite big bad news like some exchange platform getting hacked. But if there will be nothing like that than price might only pump to over $10,000 like many have predicted before January.

Jating

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Quote from: donDrey on November 17, 2017, 12:36:48 PM

The value of Bitcoin has been on the upward trend in the last few weeks, what's the lowest value you think it will fall to before the year 2017 runs out?

We have seen lately that the last dip it when its in the range of $5500-$5600 so I'm estimating that maybe around the ballpark of $6000 will be the latest dip in ever there is one. Investors wouldn't let bitcoin dive more because the minute they saw the price going down, they immediately went into a buying spree because bitcoin today is one of the fastest investment you can get so they want to get it at a discount price.

Although if you look at it, $6000 is still a premium price, But nonetheless, investors are willing to pour their cash no matter what the price. That's the power of bitcoin today. Everyone once a piece of it.

DrGuns4Hands

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I guess its just between 6000$-7000$. Because as you see, bitcoin is going up today. Its price is getting high and high when the day past by. We cannot tell if there will be some fall of price before the year ends. But still, we are glad today that its status is very good.

magneto

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Quote from: pooya87 on November 18, 2017, 11:43:26 PM

the $5555.5 which was reached on bitfinex recently is going to be the lowest price that you will see this year. the "drops" are officially over and we are back on track to the moon. the $7800 seems to be the stable price that has the strongest support. the $8000 resistance will probably be tested one more time and drop back before it goes above it. which makes $7400 the lowest that it can fall this year from this day forward.

Agreed. I don't care whether you're pro crypto or anti crypto, but i think that this bull wave is here to stay at least for the time being(aka, until at least the end of the year, meaning that we won't see any lower prices).

If we do see lower prices, it'll be negligible the difference between the lowest low from this year and the new low.

Plus, people will be buying like crazy as soon as a new low is set, by the looks of it.

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