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Topic: Will Bitcoin Go Below 6000 USD? Prop Bet - page 2. (Read 590 times)

sr. member
Activity: 434
Merit: 255
Theoretically, the price of bitcoin can be reduced by $ 1900. After this threshold, miners will start to stop the equipment. I think that bitcoin owners are not ready to sell coins at such low prices. This will deter speculators. I am pleased only that someday speculators will raise the price of bitcoin in order to sell their coins more expensive. I'll be waiting.
newbie
Activity: 132
Merit: 0
By the looks of it, lets be honest here, its not far off from that dollar mark. I remember people were writing that it wont go under the eight or seven dollar mark. These days its not easy to predict how prices are going to move, so I just could be writing nonsense here. Its us, the people who will determine the value of Bitcoin. Even if it goes below $6000 I highly doubt it that it will stay for long.
legendary
Activity: 1652
Merit: 1000
i would not bets for this but i have to says bitcoin will never fall to $6000 below even today there was small movement that bitcoin back to $6500 above however i was wondering what factors makes bitcoin looks stuck at $6500-$7500 and seems there was the particular factors to avoid bitcoin price rise up more higher
full member
Activity: 566
Merit: 113
no, before the bitcoin price reaches the $ 6k price the market is back green. that's a sign of bitcoin prices have started to rise again. I'm glad the bitcoin prices do not drop below $ 6k

did you remember when people said it won't go under $7000 when we're breaking $7800 level a week/s ago ?
look at it right now.
it has a possibility to reach that point or even below that if we are looking at technical analysis,market sentiment and our current news.
but personally i do hope we are making a reversal trend.
it's so boring to see it going this way and everything is bleeding along with it.

jr. member
Activity: 242
Merit: 1
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no, before the bitcoin price reaches the $ 6k price the market is back green. that's a sign of bitcoin prices have started to rise again. I'm glad the bitcoin prices do not drop below $ 6k
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Anybody wanna put their money where their mouth is?  Since it's near the what I think is the 6000 USD floor, would anybody here wanna bet against me 8 to 1?

I say BTC won't go below 6000 USD for your 80 bucks vs my 10 bucks (I could go up to 50 for your 400).

Terms would be:  

If BTC goes below 6000 USD, it should stay there for at least two weeks to be considered actually 'below 6000'.

If BTC goes below 6000 USD for a week (for example) then goes back up and then back down again, the counter for the 'below 6000 two week time frame' goes back to zero.

We use Bitfinex's BTC/USD price.

Bet is only open while BTC is above 6500 USD.

Bets would only be open to very trusted members and gamblers in hilariousandco's FIFA and EPL betting pool.

Anybody?
member
Activity: 184
Merit: 10
I do not think that it will happen unless that there is a major FUD around here, but the price is good at the moment, it is a good entry point for newcomers in here.
jr. member
Activity: 126
Merit: 1
Hate to say it, but I personally that anything is possible with Bitcoin nowadays. Its not very far off from that value, that is why I'm saying its possible. I also feel like if it does happen, if the price goes below $6.000 it will eventually bounce back stronger than ever.
hero member
Activity: 1526
Merit: 596
There's a high likelihood that this could happen. Obviously $6.7k seems to be a pretty strong support right now, but I don't think that is going to be the bottom of this bear market. Based on price history, prices usually fall by 80% or more from an all time high before finally gaining support at the bottom.

Also considering that the market is still extremely bear-sentimented, and that $10k resistance is so strong, it's hard to see a recovery happen any time soon.

Combining all of these things, I think it's fair to say that BTC is near its bottom, but not quite there yet. There is most likely some more room for prices to go downwards before stabilizing. I think that the prices is definitely going to be lower than $6k at some time of this year.
legendary
Activity: 3556
Merit: 9709
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Of course, it will. Next resistance level is 5.800 and then going straight to 2.500. For a few years. Enjoy Grin

No coiners like this ^^ don’t help the mood on here, manipulating noobs etc

It's nothing more than a cheap kwukduck impersonator. I find it quite interesting actually to find out what's driving these people to act like that. I think it's pure bitterness because he bought way up last year, or he's just trying to kill time, or both. I don't mind these people because they can't impact the way I think about Bitcoin, and more importantly, I never have any type of high expectations when it comes to the short term market. Institutional capital will lift this market up once they have the clarity on the regulatory side, and of course their playthings to enter this market with longer term exposure. Institutions don't want to mess with exchanges, but want to deal with 'trusted' platforms as CME, CBOE, NASDAQ, etc.

I think a lot of the time it’s people who can’t afford to buy in, even now. Maybe they heard about bitcoin in 2012 & laughed it off but now wish they’d invested but it’s too late.

Or maybe they were uber early adopters who sold everything before we even hit $100.

One thing’s for sure the bitterness in their posts suggests they’re upset about what bitcoin has maybe done to them.
legendary
Activity: 1232
Merit: 1091
Of course, it will. Next resistance level is 5.800 and then going straight to 2.500. For a few years. Enjoy Grin

No coiners like this ^^ don’t help the mood on here, manipulating noobs etc

It's nothing more than a cheap kwukduck impersonator. I find it quite interesting actually to find out what's driving these people to act like that. I think it's pure bitterness because he bought way up last year, or he's just trying to kill time, or both. I don't mind these people because they can't impact the way I think about Bitcoin, and more importantly, I never have any type of high expectations when it comes to the short term market. Institutional capital will lift this market up once they have the clarity on the regulatory side, and of course their playthings to enter this market with longer term exposure. Institutions don't want to mess with exchanges, but want to deal with 'trusted' platforms as CME, CBOE, NASDAQ, etc.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Of course, it will. Next resistance level is 5.800 and then going straight to 2.500. For a few years. Enjoy Grin

No coiners like this ^^ don’t help the mood on here, manipulating noobs etc



Edit - Look at this losers post history Grin
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
And discuss why or why not?

I just wanna know all your opinions.  I was also gonna make this a poll, but I think the discussion 'why' (or why not) would be better.

Let's also have some fun around in the thread...  Wink

I’m going to HODL my coins until at least 6-12 months after the halving in 2020 so the proce faloijg atm shouldn’t bother me as my get out point is still a good while away......but it does bother me.

I hate seeing the price fall & I think it’s manipulated to fuck, whales shorting & fucking up the market. I even think Wall St & governments are doing it too.

So to answer the OP, unfortunately yes, I think the price could go sub 6k.

We’ll reach a new ATH before or a year or so after the halving any way though, bitcoin ALWAYS recovers.
hero member
Activity: 3080
Merit: 603
Yes and No.

Yes, The possibility and chances that it will go below $6,000 is already there because of the current price of bitcoin which is between $6,000 - $7,000.

No, I've been bullish on bitcoin and I think that we're totally done with this bear off soon and it will recover in a while.
legendary
Activity: 2156
Merit: 1094
Weekly MACD went deeper into the negative, and 12h, 1d and 3d MACD also look quite bearish short term.
It's not yet impossible for the market to recover, but my favorite scenario is now an intermediary bottom around 4,500 $, and final bottom around 3,000 $.
sr. member
Activity: 854
Merit: 257
As of today were above 6000 USD and yes it is possible to go down low as you mention because no one really knows when at how will it go down or go up but the one that really matter is that we should stay possitive in this moment don't panic.
newbie
Activity: 140
Merit: 0
And discuss why or why not?

I just wanna know all your opinions.  I was also gonna make this a poll, but I think the discussion 'why' (or why not) would be better.

Let's also have some fun around in the thread...  Wink
I do not know in detail about the effect of Bitcoin's current downturn. It seems to me too bad if Bitcoin will cost under 6000 USD. But we hope Bitcoin will experience a positive trend over the past year
sr. member
Activity: 686
Merit: 250
And discuss why or why not?

I just wanna know all your opinions.  I was also gonna make this a poll, but I think the discussion 'why' (or why not) would be better.

Let's also have some fun around in the thread...  Wink
I think all things could happen to Bitcoin. So there is not a thing that can be ascertained because the price changes that always happen make the market very difficult to predict. which I believe is that Bitcoin will continue to develop and I am optimistic it can get better, the decline will not last long and everything will change for the better.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
I´ll say yes. We are at 6700k and there is still no run on bitcoin. Why should we stay over 6k then? This happened many times. They drop the price in weekly patterns with sell attacks. From 10k to 9.3k to 8.5k to 7.7k to 6.7k and so on. They will do this until they trigger a bull run. I can´t imagine we´ll see 5 digits until 2020. Just my oppinion...

we reached ATH on first month of 2018 so you are saying this time to see price back to normal level ($10k) not even the ATH we need 2 full years. i seriously doubt that it is going to take that long this time.
but i agree with the other part, the "sell attacks" will continue for a long time until we reach that sweet bottom.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
This scenario really good for Bitcoin hunters so it will reach 6000 USD is possible and peoples are buy more Bitcoin automatically this will reach more than 7000 USD also possible so we should not exactly predict the Bitcoin future. I hope bitcoin will reach more than 10000 USD in next month and many looking to Crypto payment system so it will move big hype in future.
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