Why bitcoin will drop to $1000 and why we should be happy about it. - page 2.

OddEvenBets.com

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Quote from: kram31 on September 24, 2018, 04:03:43 AM

Bitcoin will never touch 1000 USD again.
5000 USD will be very hart to have in this situation with the popularity of BTC now.
i just buy a lot at 6000 per BTC and will hold this for a long time.
i believe in BTC.

You are right.
Best choice to hold now.
This point is good for buying BTC.
I believe too.

Vaflia

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I think bitcoin will not fall below$6000. The market has stabilized, the fall will no longer be, now we are waiting for a small phase of calm before the big growth)

kram31

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Bitcoin will never touch 1000 USD again.
5000 USD will be very hart to have in this situation with the popularity of BTC now.
i just buy a lot at 6000 per BTC and will hold this for a long time.
i believe in BTC.

BlockchainGod

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Are you sure that bitcoin will fall? I'm not. I think the phase of the fall is over and the growth will start soon.

OddEvenBets.com

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Bitcoin never dropped to $1000, this is wrong info.
In the end of year BTC price will be 40K usd, hope this happen..

RusellTim

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Bitcoin price forecast for September 2021. Bitcoin price predictions for the end of the month $ 28757, change for September 15%. Prices start at $ 28757. The average for the month was $ 28081. I'm not saying that we should be happy if the bitcoin pricing is deflated, and we are all aware of this fact as well in the current time the bitcoin pricing has leaked. Quite a bit as not deflated in history

caeles

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I think that would be nearly impossible for now, since it's on a higher value. It's now that so easy to bring bitcoin to that price since many countries are now adapting it's uses and privileges. If that point comes, then it is probably the end of bitcoin already.

angelramirez24

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You should know that in considerations of the current state of the market that 1k drop is impossible.You are really just trying to convince yourself. Bitcoin was actually designed to be a payment currency though and was not intended to replace fiat.

temperatunre

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Bitcoin has introduced new technology at large scale and the mining industry emerged but it is still in the infancy stage. I'm not sure about the bitcoin dropping to 1000 but I believe the bitcoin price will drop below 5k soon. I am very impressed with the way you build on it, it is a good read.

Retty

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Bitcoin at $1000? I wish but i'd say there's virtually ZERO chance of that ever happening again. I could easily elaborate on this but i think there are people on here who are far more qualified than I to make that call.

I seriously doubt you will ever see it below 4k, but as this is crypto- you never really can be 100% certain.

[email protected]

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Like it is good if you want to but it but market of btc is not sustainable. Better invest in ICO projects and I think that I have found a really good project - Socratus. It is a insurance ecosystem which provide a digital platform for insurance companies . So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem such as property, flight delay, cyber insurance and etc. Their main aim is to help insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on new level. Also, they powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. From my point of view, it is innovative and fit the market.

Howard1102

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Quote from: pxo.011 on June 30, 2018, 04:25:35 AM

well in my opinion that was a perfect time to buy bitcoin and hold it with that price it will be atleast a times 3 of your investment that you can earn, maybe mt gox has a big affect about the price downtrend.

I do not think that price is appropriate for investment. If the Bitcoin price drops to $ 1,000, then all investors and whales will retreat from the crypto market. And that is also the end of the world the cryptocurrency

Carrelmae10

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..this topic is informative,,when bitcoin reach $1000,,everybody is quite happy on the fall of it because many can afford to buy a lot of Bitcoin.because when bitcoin reach its peak value,,it is not affordable to every body to invest and buy Bitcoin..but when bitcoin falls down,,any would buy in it..this is why the demand of bitcoin changes every-time because on the users of it.

CAPTEZECC

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Thank you so much for this analysis, I think it is educating and informating. It is one of best I have heard about bitcoin in recent time and I love it because it brings hope to and paints the right picture of bitcoin to the reader.

yanetriwidia

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∞ HYPNOXYS | A Backed Protocol To Decentrali

i think i will not happy if bitcoin price drop to 1k$ , this is not good for ecosystem because many hodler will losing their believe with bitcoin, and im sure if the price rising to 2k or 3k after hitting 1k, many hofler will sell off their coins and make bitcoin price drop again

cuong1610

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Quote from: Cybercrypt on June 29, 2018, 11:59:24 AM

So when investing in bitcoin we should not rely on the possibilities that will never actually happen to bitcoin. Instead, we should realize the nature of bitcoin and act accordingly. Saying that, since there are no more evident factors of bitcoin growth, we should allow it to drop. I estimate that it may cost at around $1000 as the bottom rock. And then bitcoin will grow again. In about a month time frame the whales and high-rollers will easily take it back to $6000 and the following buzz will rise it up to $10-15k in 2-3 months. This would be quite typical behavior of the investment currency. I also think that the miners industry will survive this drop without any significant issues, they will just have a month or two of loss, and then they will enjoy the long ride - quite usual wave in the business. And mostly important, if bitcoin drop down and then recover, this will be huge stimulation of the industry in general and bitcoin in particular - it will show that bitcoin can survive the crisis and repeat the growth. So we should get prepared for the drop and take it as the logical development of an investment currency, and not as the "death of bitcoin".

Try to think of benefits like this :

Low cost: If you transfer money through bank to friends or relatives usually will take a cost but with Bitcoin it is free or just take a small fee.
Efficacy: Bitcoin is sent and received almost instantaneously whether you send it anywhere in the world, at any time of day or night.
High security: Transactions do not contain personal information, it is hidden on the system, allowing security of user information to avoid identity theft.
Transparency: All transaction information is included in the bitcoin trading website or electronic wallet.
Controls: Users can control their transactions without any management

I have confidence BTC in the future, the value of BTC according to the technical analysis, so as BTC back to $ 1000 is very unlikely. And of course nobody can say anything.

Buttermellow

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Yes of course some will going to be very happy if bitcoin market price will drop because it will mean that they are going to invest or buy crypto. But to those people who had invested already then it is not like that when market price drop it will mean that they will going to lose some of their money if they are going to sell and had a need on it if ever.

sushimittee

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If u are saying bitcoin will drop 1000$ then its not possible, we know now market is down but bitcoin is a better currency then fiat currency and its future is bright, 1000$ price is much far and this price was in 2016 ,yes Ur post is quite interesting and good but i wanna say this price is a dream never happen because since long time market is down so in few months u will see bullish flags.

biskitop

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hat means bitcoin is still normal as crypto and its fluctuating nature. the price will remain up and down. and when this year the bitcoin drops drastically, then there must be a chance to rise again and the bitcoin will really shake the world.

MrCrank

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Bitcoin don't drop to $1000 in any case.. You are not right.
If you check chart, you can see that BTC start rise again.

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