Why are prominent crypto enthusiast saying bitcoin will dip to $1000 ?

lienfaye

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

Its their own prediction but no one can certainly know what's in the future. We can only speculate the price and anyone can do that but is it for real? Well no one knows thus dont be too serious when someone said the price will skyrocket or plunge.

Crypto enthusiasts will remain optimistic and will ignore the FUD because it cant help them in any ways. I'd better refrain myself from monitoring the market and just read some good news (if there is) regarding crypto.

Gontxi

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

there is a lot of wild speculation, especially from some prominent people or economists. but I don't think it's as easy as that bitcoin will go down worse than last accident. there are many possibilities including bullrun. so I guess, you shouldn't trust predictions that don't necessarily happen.

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Quote from: bitcoin31 on March 11, 2019, 06:50:29 PM

Look the value now of the bitcoin no happen of 1k dollars to the value of the bitcoin. There still more than $3900 they have a little increase since they entered 2019. Maybe better to see 10,000 dollars compared 1000. I don't know what they are purpose of saying that.

The current market is maintained in nearly 4k usd, But some peoples are expecting a more dip in this coin so we should create a crypto awareness in upcoming days because all are waiting for the new technology so Bitcoin will lead the entire world.

bitcoin31

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Look the value now of the bitcoin no happen of 1k dollars to the value of the bitcoin. There still more than $3900 they have a little increase since they entered 2019. Maybe better to see 10,000 dollars compared 1000. I don't know what they are purpose of saying that.

Oceat

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The only reason I see is that because of the successive dump of price every week or two. And they never see any improvements from that then that's why they may have lost the trust of Bitcoin and most of them were selling their investment to save from losing profit. But they never know that the market was trying to get it all balanced by correcting some price due to the highest peak of Bitcoin last 2017.

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Quote from: Google+ on March 07, 2019, 11:13:48 PM

Quote from: shoreno on March 07, 2019, 05:47:00 PM

No they are not . i always read news online about cryptos and i see that most influencial people do always predict about the growth of bitcoin . its rare to see a famous people that will talk about negative things because they themselves also invest alot on bitcoin . they do not want the public to discourage but instead they are doing their best to make people attracted towards the future of bitcoin that can bring to them .

indeed, many feel that they can provide predictions of cryptocurrency price movements while in fact the cryptocurrency price movements will never be accurately predicted, many bad news and even predictions of price movements stated by several famous people circulating in several media.

Well there are prominent people like warren buffet and jamie dimon who are staunch btc detractors but you can't really classify them as enthusiasts since btc goes against what they're working for. Then you have enthusiasts like john mcafee who blows things out of proportion. They have their own agendas it seems.

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Quote from: Google+ on March 07, 2019, 11:13:48 PM

many feel that they can provide predictions of cryptocurrency price movements while in fact the cryptocurrency price movements will never be accurately predicted, many bad news and even predictions of price movements stated by several famous people circulating in several media.

Aside the negative news flooding the market that is also having little negative influence on the market
It is absolutely impossible for the price author mentioned to come to reality no matter the news circulating, there is no amount of market situation that can force btc to that deep of 1k to 2k, in fact, 3k deep is quite not feasible now.

Bitcoin communities are quite very strong and none as given up on the coin, majority of the investors has high hope in it and contributing their own quota through their activities. No major analyst has ever predicted this, not even the TA and FA analysis.

The OP is just wishing for the price so as to take advantage of acquiring more but we have gone past that stage now and looking for it to get stable at over 4k plus before the coming BULL.

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Quote from: shoreno on March 07, 2019, 05:47:00 PM

No they are not . i always read news online about cryptos and i see that most influencial people do always predict about the growth of bitcoin . its rare to see a famous people that will talk about negative things because they themselves also invest alot on bitcoin . they do not want the public to discourage but instead they are doing their best to make people attracted towards the future of bitcoin that can bring to them .

indeed, many feel that they can provide predictions of cryptocurrency price movements while in fact the cryptocurrency price movements will never be accurately predicted, many bad news and even predictions of price movements stated by several famous people circulating in several media.

shoreno

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No they are not . i always read news online about cryptos and i see that most influencial people do always predict about the growth of bitcoin . its rare to see a famous people that will talk about negative things because they themselves also invest alot on bitcoin . they do not want the public to discourage but instead they are doing their best to make people attracted towards the future of bitcoin that can bring to them .

pixie85

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The only enthusiast who is repeating this is tone vays and he's not prominent. How long has he been investing in bitcoin? Probably 3 years or something like that. He saw only one bitcoin bear market in his life and all his predictions are based on that.

Would you base your prediction on one single event that you went through? Your parents died in their 70s which means you will also die in your 70s. This is the kind of knowledge some analysts are presenting.

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

There would always that kind of possibility or even saying that bitcoin would go back to $1 then its still plausible since we don't know on what will happen in future but going back with those ranges is really hard to believe.
We are tanking between 3-4k price which is good that btc is holding and staying up with this price for how many months already after that 2017 correction..

el kaka22

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Who the hell is a prominent crypto enthusiast. I have been around bitcoin for so long that in the past 2-3 years my only income has been from bitcoin (not trading) and I have been trusting bitcoin at any price from 200 dollars to 20 thousand dollars, if I am not a "prominent crypto enthusiast" than nobody aside from satoshi could be.

Having said that I do not think bitcoin will ever be 1000, no matter what. From right now until the end of times bitcoin will never see 1000 ever again, we are beyond that now and we will not go back for that much. It is about time we go higher from this and its clearly shows that we are not going down anymore and after we rise once again price would be further away from another bottom and would make it harder and harder with each moment passes to go back lower.

serjent05

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Bitcoin enthusiasts, bitcoin experts, whatever their title maybe, everything they say can happen and can not. We are all speculating here but we don't really have any idea of what is going to happen in a day or in a month. If we know there would have been no regrets we hear from those who were not prepared when the bullish market took place in 2017. We only hope for one thing, that it is going to happen again.

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Well, everything is possible but no one can exactly predict what were going to happen. So don't always believe what you read or heard from other people. You have your own mind, even you can predict like them. Also, this kind of FUD doesn't seem effective to cause panic on weak hands as they saw a rise recently.

omonuyak

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It is still possible for bitcoin to fall to $1000 but I don't think that will happen at this moment. Bitcoin has been in this same situation in the past and we have see some recovering and grow later. I think we should be positive about this market in respective of what those enthusiast are saying.

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Quote from: Tagus45 on February 12, 2019, 02:09:16 PM

That's just a possibility, and I don't believe if bitcoin goes back down and reaches 1k, I believe more in the possibility that bitcoin will pump to a higher price.

I think so. Although direction is not known, I do not guess we are going to see more red. Recent developments have led to changes in everyone's opinion and community will determine the direction.

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

There is simply too much demand for coins below the $3k level in my opinion, which is probably part of the reason why we saw a strong resurgence of prices during this timeframe.

Most of the predictions that people make especially on mainstream media is completely bogus, and you have to realise that. They do it to create sensationalist headlines that grab attention, inspire fear (especially in this bear market), etc., not to actually try to accurately speculate on bitcoin's price.

I do think that further dips in price is possible, given that I don't think we're far enough in the bear market to say that the recovery is actually happening yet. But certainly not to $1k or even $2k. There is plenty of institutional demand for bitcoin, now that a lot of new players have came in, which means that there will be more support for prices imo if it ever happens to drop below $3k.

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That's just a possibility, and I don't believe if bitcoin goes back down and reaches 1k, I believe more in the possibility that bitcoin will pump to a higher price.

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Quote from: gabmen on February 12, 2019, 10:58:02 AM

Well they're prominent enthusiasts so what do you expect? They'll benefit a lot if people panic since they can afford to hoard cheap btcs for longer periods of time compared to regular holders.

The market no longer reacts that way to speculation or FUD, the community base has grown rapidly over the years, and the prominent enthusiasts or experts only have a small percentage of the community within their audience, and a lesser number which would panic. This is not enough to move the market. Some of their speculations are borne from their personal analysis and expectations.

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Quote from: Barbut on February 12, 2019, 10:32:31 AM

Quote from: Juggy777 on February 10, 2019, 11:15:41 AM

Quote from: aris av on February 10, 2019, 10:39:01 AM

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Hey these are baseless statements made by the so called experts, with the sole aim to cause panic among the investors. They have tried saying these numbers year after year, but it has never happened and it will never happen again. I believe one should ignore these experts, and do their own due diligence or else they will end up making losses.

With cryptocurrencies everything is possible, it can rise a lot, or dump a lot, it can happen very fast when almost no one expect it. Not all of crypto enthusiastic people talk that bitcoin will deep, some talk it will rise a lot even this year, predictions of all kinds can be found across the internet, I see them but I do not pay much attention on it. Maybe this is possible after a lot of time spend in crypto, you learn to pay attention on everything, you look your own business and wait for your chance to do something.

Well they're prominent enthusiasts so what do you expect? They'll benefit a lot if people panic since they can afford to hoard cheap btcs for longer periods of time compared to regular holders. Though there are also enthusiasts who try to keep things positive. If you made your research, which is a lot better, you won't have to listen to their garbles.

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Quote from: Juggy777 on February 10, 2019, 11:15:41 AM

Quote from: aris av on February 10, 2019, 10:39:01 AM

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Hey these are baseless statements made by the so called experts, with the sole aim to cause panic among the investors. They have tried saying these numbers year after year, but it has never happened and it will never happen again. I believe one should ignore these experts, and do their own due diligence or else they will end up making losses.

With cryptocurrencies everything is possible, it can rise a lot, or dump a lot, it can happen very fast when almost no one expect it. Not all of crypto enthusiastic people talk that bitcoin will deep, some talk it will rise a lot even this year, predictions of all kinds can be found across the internet, I see them but I do not pay much attention on it. Maybe this is possible after a lot of time spend in crypto, you learn to pay attention on everything, you look your own business and wait for your chance to do something.

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Quote from: aris av on February 10, 2019, 10:39:01 AM

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Hey these are baseless statements made by the so called experts, with the sole aim to cause panic among the investors. They have tried saying these numbers year after year, but it has never happened and it will never happen again. I believe one should ignore these experts, and do their own due diligence or else they will end up making losses.

aris av

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Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Slow death

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Quote from: MasterDesSaucisses on February 05, 2019, 04:52:13 AM

It's all over the place... you can see people predicting Bitcoin will go down to $1,000 and others saying it will go up to $100,000. Some will be right, but most will be wrong and there's no way to know it until it happens.

I left a few days to see if you would make a post, but apparently you just created an account only to respond in this thread, which is very strange

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

I don't think bitcoin will fall that low because we are seeing some recovering towards. If bitcoin breaks $3700 channels then we should expect it to go above $4000 before this week end. Now before match is a short period of time that those things might not happen

Ronyx

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It's not as a fan but it's better to be called pessimistic with bitcoin if you think bitcoin will decline to reach the lowest level of 1k. I don't believe that will happen and I think the opposite, that bitcoin will be pumped in 2019.

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I'm not sure of it, from my understanding the market grew up gradually from the price point around $900. It reached around $5000 in a short time period. After which it continued to reach the peak value with minor fluctuations in the market. Maybe that'll be the reason for the prediction for the price to dip to $1000.

CaVO32

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Quote from: pooya87 on February 04, 2019, 10:40:31 PM

people give themselves all kinds of ranks these days. "prominent" LOL.
all we have these days is a bunch of newbies trying to make what they have lost by creating content everywhere and trying to make money from that. for example their bullshit youtube videos is a nonstop wave of worthless content trying to make pennies.

is it possible? yes.
can someone predict it? no.
anybody who does, is a newbie trying to gain some attention and temporary fame in case his shot in the dark hit the target. it is the same as all those other newbies who were saying bitcoin will reach $50k back when it was on the rise, and then called themselves "experts".

agree. self-entitled individuals thinking that whatever they say will give impact to the current market. they are just mere speculations. they can do that all the time. but you need to believe what your instincts are saying. don't follow those individuals that really don't know nothing about crypto.

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Because people wants to buy more that's why they want that bitcoin will drop to $1000. But of course no one can predict if bitcoin will drop in that kind of amount because people don't to lose more to what they have or to what they invest.

thecodebear

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Quote from: coinwizard_ on February 05, 2019, 02:49:59 AM

There are no experts in bitcoin price predictions, unless they have nostradamus type abilities. Tommy lee is probably the worst at predicting but he is certainly an expert in crypto.

^^ This.

Anyone can predict anything. Being a prominent investor means nothing in terms of being able to predict where the bottom is. Prominent investors think it'll go under $1000, prominent investors thought it'd be $25k by end of 2018 even just a few months before the end of the year, prominent investors think it'll be a million dollars in the next couple of years. Literally means nothing.

People need to do their own research and come up with predictions that they believe in to guide their investing, not just pick one random person's prediction.

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maybe it's because they saw it from the graph that happened a few years ago that the price of bitcoin was only as expensive as $ 1000 and many people long hoped that the price could be that cheap again so they could be bought again because they took advantage of that cheap price moment.

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Well If you have sold your coins in a price of $3500, you would have to spread fud to drag the price down to $1000 so you can buy back at such cheaper price. That's what you'd do too if you were on their shoes. I have talked to someone who had been in the business for years and he said the price has to go to its very bottom in order for it to rise up again. Those who survives in this bear market will survive once again in the future.

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There are news every day in the crypto sector, and there are also many - many words, lots of tactics, and so on. Where the money is, there are also many tactics.
So deep down to $ 1,000 we should not fall, at least in my opinion. In any case, keep your investments at rest, and if you have free funds, you can invest - it is a good time to do so.

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Don't be deceived by their words mate. The cryptospace is full of false news which only big players take advantage of this to buy cryptocurrencies from weak hands. We can have another dump in the price of bitcoin but $1000 is not a level i am expecting it to get to. This is the time to hold your bitcoins or better still buy more so that when the long awaited bull run comes up you can also earn some money from your investments.

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Quote from: gentlemand on February 05, 2019, 02:32:24 PM

It's become the new 'Bitcoin will be $50,000 by Christmas' except in the opposite direction. I'll bet the handful of Youtubers left wittering about this also have an affiliate link to Bitmex in their description.

It's very reminiscent of 2015. $1,000s and triple digits aren't the consensus yet, but we're definitely heading in that direction. The majority of people are finally bearish and expecting new lows.

The other thing I've noticed which reminds me of 2015......lots of crypto traders are charting forex now, because they're bored with crypto or can't churn gains out of this dead market. There was a lot of that during the post-crash doldrums last time around.

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

Who are these prominent enthusiasts who could foresee and predict things that well. Roll Eyes

if they are that good they would have made a lot of money in future trading. The fact is that the market can go either way and I won't be surprised if there is another bear rally downwards before the next rally, one thing is certain that everyone believes in another bull run that could cross yet another all time high valuation , but it is difficult to pin point the exact time of the rally until it happens.

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Quote from: Siren on February 05, 2019, 06:59:10 AM

Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

You must bring here those prominent enthusiasts that you’re pointing here because this sounds as hearsay

And besides don’t you know the simple reason for this Fud?because those people wanted the bitcoin price go down higher so in that case they may purchase as many as they can have to save for the future

You're right because this is definitely a FUD is the OP dont provide the tangible evidence to prove the person that make the statement and I learn that most dump in price statement make by the crypto enthusiast does not worth it because they want to make people to panic sell so they can seize the opportunity.

DAVETUN

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Your submission has no basis, therefore, I cannot be trusted, who are the prominent crypto enthusiast ? we must ensure we avoid post that scare new BTC investors, as this will have a negative impact on BTC value.Be assured BTC is a digital currency that is here to revolutionize the world economy.

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

This is just your thought and prediction of bitcoin price not from any prominent enthusiast. This prediction has no prove, the thread is not communicating as its meaningless so I considered it as sheet post.
Bitcoin investors are the most matured in the blockchain industry they don't only invest their funds but also with their time as they fully trust and believed on it.

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This is one of hundreds of previous rumors. People are trying to interpret the situation on their own, but many of these comments are far from being reasonable.

gentlemand

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It's become the new 'Bitcoin will be $50,000 by Christmas' except in the opposite direction. I'll bet the handful of Youtubers left wittering about this also have an affiliate link to Bitmex in their description.

Could it happen? Sure. More than a few are acting like it's already in the bag and as we well know the direction is usually maximum pain for the majority.

Slow death

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

you created this thread and made your prediction (very pessimistic prediction). But you have not provided a single piece of evidence or a plausible argument that will provide some basis for your price forecast. You are making predictions based on your sense of pain. We have to make predictions without feelings

Quote from: AGD on February 05, 2019, 06:32:51 AM

Bitcoin price in USD doesn't matter and nobody can predict it.

when the price was $10,000, who had 0.01 BTC had $100 and who had 0.1 had $1000 and who had 1 btc had $10,000. Now imagine today: 0.01 btc and the person has $35

KingScorpio

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

stop warning the bitcoincultists, they dont want to hear that. they want global domination for them and their centralised index.

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

Perhaps they all want to influence people with these kinds of ideas and collect coins from cheaper price. Because, there is not enough evidence to make an idea about close to the right price prediction. The analysis is insufficient in the face of Crypto's obscurity. All I know is that Bitcoin is known by more and more people every day and this will bring us happy ending.

aoluain

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Quote from: pooya87 on February 04, 2019, 10:40:31 PM

people give themselves all kinds of ranks these days. "prominent" LOL.
all we have these days is a bunch of newbies trying to make what they have lost by creating content everywhere and trying to make money from that. for example their bullshit youtube videos is a nonstop wave of worthless content trying to make pennies.

is it possible? yes.
can someone predict it? no.
anybody who does, is a newbie trying to gain some attention and temporary fame in case his shot in the dark hit the target. it is the same as all those other newbies who were saying bitcoin will reach $50k back when it was on the rise, and then called themselves "experts".

this is probably a very relevant explanation of what is happening
and the OP is reading, listening and/or following these articles.

if it does happen believe it or not it wont be the end of the world
or humankind or anything significantly disasterous, as many
newbies might think, and if it does go that low you can be sure that
I will be buying BIG [even before the $1000 mark] and I wont
be alone.

Lizzylove1

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Before this days, I never envisaged bitcoin could drop to $12,000. So after a massive fall without bottom in site, am now tempted to believe any predictions. My elder brother I introduced to bitcoin once had an horrible dream that bitcoin price went to zero-zero. He quickly cashout at $17,000, I laughed at him. Today he is a happy man and here doing some revelation journey. So my guy, anything is possible.

emberbekas

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In a situation like this, decline in price, of course there will be many people who make predictions based on the feelings they get. This can be caused by despair or other negative things. For me, ups and downs are normal. As a person who has been in the crypto world for some period of time, we must try to take advantage of every situations as good as possible for the continuity of our trading activities.

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Quote from: benres on February 05, 2019, 07:11:06 AM

Many have the same sentiment that bitcoin will go down to the bottom of thousand us dollar per bitcoin or even worst at 80 us dollars each. However as the sentiment of many becomes more negative and hopeless this are the signs that bitcoin has already bottomed and will soon start its reversal that will reach an all time high. Hopefully that many are still holding their bitcoin and will soon see profit from their investment.

Well, the situation is negative and a waiting time is too long for recovery, all pushed a lot of people have strong faith in Bitcoin become people that have negative thoughts, they always think bitcoin will fall deeper and deeper, exactly they always think what's worst will happen. However, with the atmosphere and negativity too serious, reversal is very likely to happen as you say because whales understand people's psychology is no longer too patient, if they continue to push the price of bitcoin down, a lot of people will never come back, and whales will have no bait to continue to exist

bitfocus

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and what do you mean by "prominent crypto enthusiast"?

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Quote from: MasterDesSaucisses on February 05, 2019, 04:52:13 AM

It's all over the place... you can see people predicting Bitcoin will go down to $1,000 and others saying it will go up to $100,000. Some will be right, but most will be wrong and there's no way to know it until it happens.

Right, so it's only speculation. It's not difference with me like say "I guess the price of bitcoin will be hit $20,000 gradually after down till $2000". Let's see it in the near future..

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Why are prominent crypto enthusiast saying bitcoin will dip to $1000 ?

Because according to their calculations, or their crystal ball, they see a drop to $1000.

And who are these 'prominent enthusiasts' anyway? This is a very one-sided claim, I think. Because Ronnie Moas (in crypto since 2013) says it will be $28k by the end of this year; CCO of Bitpay says it's gonna be between $15k-$20k; Mike Novogratz says it will be $20k and so on. Some people say it will fall, others say it will grow. I hope the latter are right, because I am among those people who did not sell at $20k. I sell some btc now when I need money, but I also have some of it that I intend to hodl as long as it takes until the price is around $15k.

benres

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Many have the same sentiment that bitcoin will go down to the bottom of thousand us dollar per bitcoin or even worst at 80 us dollars each. However as the sentiment of many becomes more negative and hopeless this are the signs that bitcoin has already bottomed and will soon start its reversal that will reach an all time high. Hopefully that many are still holding their bitcoin and will soon see profit from their investment.

btc_angela

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

Everyone can say what they want because this is a open and free market. And everything is possible as well, $1K is not the far and in just a couple of days of selling, the price could be reach. However, you have to question the reason behind of what these so called prominent crypto enthusiast (according to you) as saying that the price could hit that low. Take for example, Jamie Dimon's prediction last Sept 2017, his been attacking bitcoin but behind. they are buying literally tons of it when the price is dipping. So you don't have to believed everything to hear from this so called "prominent crypto enthusiast".

Siren

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

You must bring here those prominent enthusiasts that you’re pointing here because this sounds as hearsay

And besides don’t you know the simple reason for this Fud?because those people wanted the bitcoin price go down higher so in that case they may purchase as many as they can have to save for the future

audaciousbeing

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

People can make predictions about what they want but its not the determining factor. The same set of people are the ones that would be full of several predictions about how price is heading for the moon should a minor push should just happen. The bone of contention is that whatever they like they can say, its not what makes price what it is.

AGD

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Bitcoin price in USD doesn't matter and nobody can predict it.

beliomir

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Quote from: NeuroticFish on February 05, 2019, 05:57:05 AM

Many keep throwing "analysis" and "predictions" although they know there's no chance to predict accurately what's going to happen.
But it feels good to see your name in the news and some may even call you "prominent". This way many nobodies can become "known" persons that may at some point become even trend setters because some think they know what they are talking about.

I agree, but I would not trust anyone. It is necessary to look and analyze. Big money is not earned by someone else's mind

beliomir

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no one knows where the price will go, and those who claim something are just wondering.

sehoon

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Are the enthusiasts that you're talking about are only rich people or they have predicted right most of the time? Because to be honest, no one can really predict however, there is a chance that it might happen. The choice to believe them or not is definitely yours.

NeuroticFish

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Many keep throwing "analysis" and "predictions" although they know there's no chance to predict accurately what's going to happen.
But it feels good to see your name in the news and some may even call you "prominent". This way many nobodies can become "known" persons that may at some point become even trend setters because some think they know what they are talking about.

dothebeats

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People calling themselves prominent in the field of cryptocurrency are probably the ones who aren't really that versed or know almost nothing on the said field. Also, analysts only bank on other analysts' prediction, so it's not uncommon to see a plethora of same predictions on different websites and sources. $1000 is a possibility, but not gonna happen in the next few months if bitcoin proves its ground on where it's at right now.

Ucy

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Trying to crash it in the name of analysis? Well the dips dont matter anymore as long as Bitcoin still exist as currency. There is no reason while it should continue to dip at the moment yet somehow they know why others dont.

therhslv

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Quote from: coinluck43 on February 04, 2019, 10:36:26 PM

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

Oh well everyone got theyr opinion right ? It does not mean hes right

Everything is possible in crypto and i know there is chance that BTC can go even to 500$

I just make my own decisions , i do not trust charts in crypto currently as there is quite low marketcap in whole crypto

Kemarit

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Are you saying so-called "experts"?

Again, they're just like you and me, they are not experts but just throwing arbitrary numbers around. Maybe the only reason why they wanted to see the price hits the floor is pretty obvious, they wanted to scope lots of bitcoin specially when the price goes to $1,000, so they have some motive behind saying this and that. But the most important thing is you learn how to play with and take advantage of every price dip.

bitcampaign

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I think for $ 1000 it will make many traders frustrated, but I don't believe it will happen it will probably touch $ 2000 but it won't stand too long on that support, I will buy it if indeed the price will drop from support buy $ 3400

MasterDesSaucisses

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It's all over the place... you can see people predicting Bitcoin will go down to $1,000 and others saying it will go up to $100,000. Some will be right, but most will be wrong and there's no way to know it until it happens.

Caladonian

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They have their freedom saying so., Funny but we do have our owned interpretation of this current market and we do love speculating, those who so called prominent self claimed people have the same opinions but no one really knows what will be the directions of the market, only those big bag holders can dictate but still they are heading to what they've think that they can take advantage.

Let those prominent believes on their versions of price that can happen but do your own research and decide in what you believe can benefits you.

mk4

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Not because someone is a bitcoin enthusiast it doesn't automatically mean that he/she is necessarily bullish on it, especially in the short term. It can definitely drop to the $2000 mark as it's honestly not that far off, we just don't know if it actually would. People also thought in the past that $6,000 was the floor, and then it dropped, and dropped, and dropped.

kingpin4321

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You personal prediction is the worst I have seen so far and without reason or facts.
Everyone can just come and predict the fall of bitcoin price and still go home and constantly checking the price and hoping it goes up.
I don't subscribe to factless prediction

coinwizard_

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There are no experts in bitcoin price predictions, unless they have nostradamus type abilities. Tommy lee is probably the worst at predicting but he is certainly an expert in crypto.

septi.JR

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No one is able to ascertain what the future price of Bitcoin will be like. As our cryptocurency user and also I can only hope that in 2019 there will be many Bitcoin investors returning to hunt for Bitcoin, so the price of bitcoin will increase.

pooya87

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people give themselves all kinds of ranks these days. "prominent" LOL.
all we have these days is a bunch of newbies trying to make what they have lost by creating content everywhere and trying to make money from that. for example their bullshit youtube videos is a nonstop wave of worthless content trying to make pennies.

is it possible? yes.
can someone predict it? no.
anybody who does, is a newbie trying to gain some attention and temporary fame in case his shot in the dark hit the target. it is the same as all those other newbies who were saying bitcoin will reach $50k back when it was on the rise, and then called themselves "experts".

coinluck43

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Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility within the first 3 months of 2019 (January-March) and 1 k probably second quarter.

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