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Topic: Will bitcoin reach to $700? (Read 1003 times)

sr. member
Activity: 728
Merit: 250
March 27, 2018, 01:35:04 PM
Your wish for Bitcoin market value to decline to $700 will not come to fulfilment because Bitcoin has come a long way that tje market fluctuations of Bitcoin cannot lead it down to the turn of this ridiculous amount of $700 to enable you to buy. It doesn't necessarily mean that you should buy one Bitcoin but even half of Bitcoin should be enough for your investment instead of praying for its significant decline.
And the worst part is that even if the price was ever reached again those that are asking for it will never buy at that price because they will be very fearful the price of bitcoin will reach zero, so I do not really know what they are expecting out of bitcoin, when the price is high they do not buy and when the price is low they don't buy either.
full member
Activity: 336
Merit: 100
March 19, 2018, 02:50:07 PM
Although the market are too volatile I dont think it will get back to $700 at the current situation of bitcoin, because when there's a dip there is also investors who use the opportunity to buy. That makes the price to increase again, hence its unlikely unless all investors sell their coins and no one is buying then we can see the price to drop and even lower to $700.

The world and the market of the cryptocurrency have changed so drastically, that there is almost no one chance that Bitcoin can fall to this low price.
full member
Activity: 518
Merit: 101
March 18, 2018, 08:55:04 AM
That's quiet impossible since people are so desperate to buy bitcoin at a cheaper price. I can still remember last month when bitcoin reaches 6K$ mark and it surges up back to 11K$ mark after people are panic buying for in just two weeks because it's already the lowest market value bitcoin had incurred this year.
member
Activity: 574
Merit: 12
March 17, 2018, 07:37:39 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Bitcoin for $ 700 seems to be impossible because you know the bitcoin demand is very high and when the price drops it is definitely instantaneously going to experience a very rapid price recovery and now it is entering a condition where bitcoin will try to recover the price and return to the price of $ 20k.
Yeah there are some prices that I'm pretty sure we are never going to see and 700 is one of them if you wanted to obtain bitcoin for that price or an even lower price you needed to invest way before now, with what I know now I should have bought more bitcoin at 700 but there was no way to know bitcoin was going to grow so fast and to give so much profits.

While it is true that in this unpredictable business practically any scenario is possible, I find it difficult to conceive that in a short period of time a catastrophic scenario could arise that would bring down the price of bitcoin at such a low level. In fact, it seems to me that the tougher challenges that bitcoin could suffer have already been overcome and I could even say that we are facing a very optimistic scenario for bitcoin, but at this moment we are going through a period where the market is rearranging after the speculative bubble that was generated throughout 2017 and that led to the price of bitcoin at an absolutely unsustainable and artificially high price level.
i understand what you mean but, we will not get natural raise of bitcoin price for a long time yet. That what we have now is the price of the over-profit tha we received earlier, and it is absolutely normal i think. What can i advise to everyone is only be patient and wait, and this will be rewarded generous. Just do not even open coinmarketcap a couple of months, forget about it and pay your attention to your work, family, car, girlfriend or something else what is important for you but you haven't time for that. Just percieve this 'red days' like a holidays, of course if you are not in huge 'short position' )) Cheers guys!
hero member
Activity: 3080
Merit: 603
March 15, 2018, 11:37:14 PM
It is possible that it can go back to $700 but the chance would be low. The dip has been seen at $6,000 so if the price will go down to $700 many will definitely go out of their comfort and will shop bitcoin by that time. We all don't want to see bitcoin go down as we are all holders but chances are chances although it's low. For someone that wants to buy at dip, I guess $6,000 - $8,000 isn't a bad deal to buy bitcoin if you are hoping that it will go fly to the moon again.
legendary
Activity: 2884
Merit: 1258
Up to 300% + 200 FS deposit bonuses
March 15, 2018, 11:32:25 PM
I do not think it will fall down to $700.   There are more adoptors and bigger market of Bitcoin.  Aside from that, there are countries that are already supporting Bitcoin and there are more projects and merchants that are accepting Bitcoin.  So there is no reason for Bitcoin to reach $700.
full member
Activity: 476
Merit: 100
www.daxico.com
March 15, 2018, 11:23:42 PM
I don't think that would be possible considering bitcoin's high market capitalization today and it will not just simply go down to even below 5,000$ because investors will surely buy when bitcoin's price reaches about 7,000$ which causes bitcoin's price to spike again.
hero member
Activity: 658
Merit: 500
March 15, 2018, 07:48:30 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Who dares drop the bitcoin to $ 700 that's an impossible price! and that's beyond common sense. But if that is true we will not see again bitcoin circulating in the market because at that time also "Rich King" will finish bitcoin.


Ho ho ho, even in imagination, I don't see bitcoin reach this kind of amount. Perhaps it is moving up again.
But the thing is, we have to prepare if this happens possibly. Better leave bitcoin if that will happen.
full member
Activity: 447
Merit: 108
March 15, 2018, 07:43:49 PM
Your wish for Bitcoin market value to decline to $700 will not come to fulfilment because Bitcoin has come a long way that tje market fluctuations of Bitcoin cannot lead it down to the turn of this ridiculous amount of $700 to enable you to buy. It doesn't necessarily mean that you should buy one Bitcoin but even half of Bitcoin should be enough for your investment instead of praying for its significant decline.
hero member
Activity: 966
Merit: 507
March 15, 2018, 07:24:58 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Bitcoin for $ 700 seems to be impossible because you know the bitcoin demand is very high and when the price drops it is definitely instantaneously going to experience a very rapid price recovery and now it is entering a condition where bitcoin will try to recover the price and return to the price of $ 20k.
Yeah there are some prices that I'm pretty sure we are never going to see and 700 is one of them if you wanted to obtain bitcoin for that price or an even lower price you needed to invest way before now, with what I know now I should have bought more bitcoin at 700 but there was no way to know bitcoin was going to grow so fast and to give so much profits.

While it is true that in this unpredictable business practically any scenario is possible, I find it difficult to conceive that in a short period of time a catastrophic scenario could arise that would bring down the price of bitcoin at such a low level. In fact, it seems to me that the tougher challenges that bitcoin could suffer have already been overcome and I could even say that we are facing a very optimistic scenario for bitcoin, but at this moment we are going through a period where the market is rearranging after the speculative bubble that was generated throughout 2017 and that led to the price of bitcoin at an absolutely unsustainable and artificially high price level.
member
Activity: 574
Merit: 12
March 15, 2018, 07:18:07 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.
700?....No 70 000? ....F*ck yeah! but we should be patient and do not panic-sell now, it is a moral mockery and crash now. just be smarter and don't allow to suppress you.
sr. member
Activity: 728
Merit: 250
March 15, 2018, 02:55:14 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Bitcoin for $ 700 seems to be impossible because you know the bitcoin demand is very high and when the price drops it is definitely instantaneously going to experience a very rapid price recovery and now it is entering a condition where bitcoin will try to recover the price and return to the price of $ 20k.
Yeah there are some prices that I'm pretty sure we are never going to see and 700 is one of them if you wanted to obtain bitcoin for that price or an even lower price you needed to invest way before now, with what I know now I should have bought more bitcoin at 700 but there was no way to know bitcoin was going to grow so fast and to give so much profits.
sr. member
Activity: 1932
Merit: 448
March 11, 2018, 11:03:58 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Who dares drop the bitcoin to $ 700 that's an impossible price! and that's beyond common sense. But if that is true we will not see again bitcoin circulating in the market because at that time also "Rich King" will finish bitcoin.
probably a baseless prediction, making it think that bitcoin prices will easily fall to the $ 700 price. well, that's probably something reasonable to think about, because the early bitcoin price is very low. but, seeing its current functionality, I think it is very difficult bitcoin prices fall into those prices.
hero member
Activity: 3010
Merit: 629
March 11, 2018, 09:24:11 PM
Although the market are too volatile I dont think it will get back to $700 at the current situation of bitcoin, because when there's a dip there is also investors who use the opportunity to buy. That makes the price to increase again, hence its unlikely unless all investors sell their coins and no one is buying then we can see the price to drop and even lower to $700.
member
Activity: 378
Merit: 19
Xch4nge.com
March 11, 2018, 06:33:43 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Who dares drop the bitcoin to $ 700 that's an impossible price! and that's beyond common sense. But if that is true we will not see again bitcoin circulating in the market because at that time also "Rich King" will finish bitcoin.
newbie
Activity: 35
Merit: 0
March 11, 2018, 03:46:57 PM
Well, what could cause that kind of fall? Mt. Gox scenario is not so possible today because we have more big exchanges today.
Maybe some bug in blockchain technology. I think dumping alone can't cause a big drop like that.
full member
Activity: 854
Merit: 103
March 11, 2018, 03:22:24 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.
Maybe you will regret if you buy bitcoin when the price at $ 5000 and then a few days or months or even years later the price reach $ 700, like you said you will loss greatly for yourself.

I agree ... we have to go back A little . The prices of bitcoin was normal
The price of 10,000 was a dream for all
bitcoin can crash to 700 usd

I cannot even imagine the situation when Bitcoin will suddenly fall up to 700 dollars. Something really very serious should happen before it. I suppose it will not drop so much ever.
hero member
Activity: 2226
Merit: 848
March 11, 2018, 03:00:11 PM
haha was that a serious question?? 700?? lol


of course not. Actually the day or day after the OP posted his question was the bottom of the bear market (briefly dipped under $6000). It'll never go lower than that again. Turns out the gains from $1300 or so to $6000 during the half year from May through October were not part of the bubble, only the mania phase in Nov - Dec were the bubble. Now the market got rid of that bubble and it will slowly build up back to $20k and upwards as it starts to gain momentum again and then the cycle will repeat maybe crashing back down to $25k at some point in late 2019 or something.
legendary
Activity: 1862
Merit: 1004
March 11, 2018, 02:57:17 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.
I have no idea if this post is some mild attempt to evoke a FUD or commotion - sure, there is no way of telling what future price of Bitcoin will be.
However, it is very more likely that we will see $70k than $700 in the future. I don't get people who are complaining that Bitcoin is "too expensive" to buy now.
And they are switching to buy dirt-cheap altcoins instead - expecting x1000% growth, it no something I personally endorse.
full member
Activity: 382
Merit: 109
March 11, 2018, 02:30:55 PM
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Now the bitcoin is regain his strength.The price of bitcoin is started to increase,now the price of bitcoin is around 9600$.So it is seems to be get back to the hold value of 11,000$.If you are holding bitcoin,just hold it for two days further to get some profits.
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