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Topic: Will BTC ever reach 1000 again? (Read 2273 times)

member
Activity: 60
Merit: 10
January 12, 2017, 05:36:21 PM
#48
Of course it will ever reach this the bitcoin has a great future it maybe will take a while but it will reach this number again.
legendary
Activity: 2142
Merit: 1065
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January 12, 2017, 04:21:38 PM
#47
I would recommend cutting your losses. Big money is on crypto 2.0. Bitcoin is outdated and not adapting to real world user demand and expectations.

It could be hyped and manipulated again but it gets harder and harder as the community becomes more aware of bitcoins fundamental flaws.

You never give up pal
I read your response on another thread and I respect it but bitcoin will persist, maybe it needs some fixes and this will happens for sure
Back to the topic,  yes it will rise again
legendary
Activity: 1652
Merit: 1088
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January 12, 2017, 04:15:29 PM
#46
Long time lurker, first time poster. I made a very silly mistake of buying coin at $1160. I use bank transfer which takes days to process, so there was nothing I could do when the collapse started just 2 hours after my purchase. I've also had a fair bit of coin that I bought at 800 months ago. When the price began to dip under 1000, I thought I could just sell the coin I bought for 800 to break even. But I held on expecting a recovery. And now we're at 780. There was a lot of hype on this board which certainly impelled me to buy. But I'm starting to think BTC is unrecoverable at this point. I don't see a rebound. I don't mind holding onto my coins for another 6 months, but if it's just going to drop to 600 and stay there for another 2 years then I might as well sell now. What do you guys think?

I think it will go back up, but it might take a year.

In the meanwhile, you might be able to recoup some of your losses by lending out the bitcoin on Poloniex. The lending rates are about 0.02% a day, which is about 7.5% per annum. Search the forum for more info on how to do this.
member
Activity: 99
Merit: 10
January 12, 2017, 03:39:34 PM
#45
When something down, one day goes up Wink I don't believe that btc will lose its value or something like that. Barely, it will be better than any other time. Don't give up guys, better days are coming  Grin
legendary
Activity: 3052
Merit: 1273
January 12, 2017, 01:44:01 PM
#44
This was the question that was asked when BTC crashed down to $200 back from $1k when it reached there for the first time, but BTC proved itself once again and the price, even after falling back to $800 is still not too far from $1000 and as we all know, Bitcoin has always proved that nothing is impossible for it.
legendary
Activity: 3248
Merit: 1402
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January 12, 2017, 11:37:20 AM
#43
Long time lurker, first time poster. I made a very silly mistake of buying coin at $1160. I use bank transfer which takes days to process, so there was nothing I could do when the collapse started just 2 hours after my purchase. I've also had a fair bit of coin that I bought at 800 months ago. When the price began to dip under 1000, I thought I could just sell the coin I bought for 800 to break even. But I held on expecting a recovery. And now we're at 780. There was a lot of hype on this board which certainly impelled me to buy. But I'm starting to think BTC is unrecoverable at this point. I don't see a rebound. I don't mind holding onto my coins for another 6 months, but if it's just going to drop to 600 and stay there for another 2 years then I might as well sell now. What do you guys think?
I think that if you are willing to wait only for 6 months or so then you better sell now, because previously when btc became $1k+ it then dropped to $200 if you recall. If you can wait for a few years then you better wait. All the panic will vanish, bitcoin will become more popular, more stable and it is likely to cost around $2k, I guess. People slowly learn to trust btc and so they won't make the price become very low. We all know there are many people who wait for the price to drop so that they can buy some. You can help them by selling your sum but I don't think it's worth it.
legendary
Activity: 1400
Merit: 1009
January 12, 2017, 11:06:15 AM
#42
In my own opinion bitcoin price will be too hard to be on that price again first thing is investors who hold tones of bitcoin start dumping bitcoin price they are really impatient with this kind of activity they think about their selves only in short they're selfish i bought some bitcoin this evening and im still hoping that there will be an miracle happen .
Price will move up again, it'll take some time but we'll see $1000+ again (probably before 2018). if you're holding for long-term the rise or fall in price shouldn't worry you. Roll Eyes
sr. member
Activity: 378
Merit: 251
A Trader & An Investor
January 12, 2017, 10:36:48 AM
#41
Long time lurker, first time poster. I made a very silly mistake of buying coin at $1160. I use bank transfer which takes days to process, so there was nothing I could do when the collapse started just 2 hours after my purchase. I've also had a fair bit of coin that I bought at 800 months ago. When the price began to dip under 1000, I thought I could just sell the coin I bought for 800 to break even. But I held on expecting a recovery. And now we're at 780. There was a lot of hype on this board which certainly impelled me to buy. But I'm starting to think BTC is unrecoverable at this point. I don't see a rebound. I don't mind holding onto my coins for another 6 months, but if it's just going to drop to 600 and stay there for another 2 years then I might as well sell now. What do you guys think?

You are already on a loss and there will be no change if you will minimize the loss by doing selling at the current rate. Since you just face the output then why extent it more by still holding the coins you have purchase at $1160. It's just the same since you will buy again at the current rate or should I say waiting for more dip. Just hold and hold and hold and let it idle even it will take years. What you must do now if you have still some extras ammos there is to take advantage of the current dip and plan for another rounds of buying.

Anyways is there any other way/s available in your country to buy coins without using bank transfers? When there is a rally it's not good if all our funds or ammos can't be accessed immediately.

P.S Im not saying you should do that. If Im on your situation that will be the possible actions I will made.


This message reminds me of how people panicked when bitcoin corrected form 30 to 3 US dollars in it's early days. Many sold booking heavy losses. Look where the price is now. I just want to say that you hold on to your bitcoin for the years to come and see the result for your self. You can diversify some bitcoin to projects such as singular dtv and iconomi.
legendary
Activity: 1036
Merit: 1002
January 12, 2017, 10:33:37 AM
#40
In my own opinion bitcoin price will be too hard to be on that price again first thing is investors who hold tones of bitcoin start dumping bitcoin price they are really impatient with this kind of activity they think about their selves only in short they're selfish i bought some bitcoin this evening and im still hoping that there will be an miracle happen .
legendary
Activity: 3234
Merit: 1130
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January 12, 2017, 10:16:53 AM
#39

...but if it's just going to drop to 600...

Do not be so pessimistic, if the price drops below $600 I'll be at the loss and this will not be good for me Grin



...What do you guys think?


The price will go up, it can take maybe 3 to 4 months, but it will go up. Bitcoin is a refuge asset as someone said on a site. When governments implement some law and people are not satisfied with this law, they rush to buy bitcoin to avoid losses of your investments and the price of bitcoin goes up. Ha ha ha

Just relax that you'll have the opportunity to see bitcoin grow over $1150
hero member
Activity: 615
Merit: 500
January 12, 2017, 09:48:56 AM
#38
You really are not lucky, but you can at least learn from the mistakes you've done. For the price back to the $ 1000 I do not think it would take up to two years, I predict by the end of this year will return to the Bitcoin price of $ 1000 or maybe more than that or too close to it and it always happens.
hero member
Activity: 896
Merit: 500
January 12, 2017, 09:37:06 AM
#37
Wow you make a mistake, my friend. But it was not a problem and make it a lesson so as not to make mistakes again. Actually, no one knows when bitcoin will rise or fall, it is very difficult to predict. But I'm sure the price will recover and exceed $ 1,000 again, because of fluctuations bitcoin very reasonable. I'm sure the price down not until for years and remain at a low price, surely in a few months the price will go up and back towards $ 1,000. Because now bitcoin has grown and very advanced.
legendary
Activity: 3122
Merit: 1398
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January 12, 2017, 09:35:14 AM
#36
Long time lurker, first time poster. I made a very silly mistake of buying coin at $1160. I use bank transfer which takes days to process, so there was nothing I could do when the collapse started just 2 hours after my purchase. I've also had a fair bit of coin that I bought at 800 months ago. When the price began to dip under 1000, I thought I could just sell the coin I bought for 800 to break even. But I held on expecting a recovery. And now we're at 780. There was a lot of hype on this board which certainly impelled me to buy. But I'm starting to think BTC is unrecoverable at this point. I don't see a rebound. I don't mind holding onto my coins for another 6 months, but if it's just going to drop to 600 and stay there for another 2 years then I might as well sell now. What do you guys think?

You are already on a loss and there will be no change if you will minimize the loss by doing selling at the current rate. Since you just face the output then why extent it more by still holding the coins you have purchase at $1160. It's just the same since you will buy again at the current rate or should I say waiting for more dip. Just hold and hold and hold and let it idle even it will take years. What you must do now if you have still some extras ammos there is to take advantage of the current dip and plan for another rounds of buying.

Anyways is there any other way/s available in your country to buy coins without using bank transfers? When there is a rally it's not good if all our funds or ammos can't be accessed immediately.

P.S Im not saying you should do that. If Im on your situation that will be the possible actions I will made.
legendary
Activity: 1218
Merit: 1000
January 12, 2017, 09:26:46 AM
#35
of course, I think this year will reach the price of bitcoin fixed price of $ 1,000. maybe this time bitcoin prices down to very much, but, it will soon become normal again. Well, I also think that the price of $ 1000 is impossible, but we see that the price of bitcoin be higher than $ 1,000. I think, very much chance that will happen, which will make the price of bitcoin back at that price.
sr. member
Activity: 2184
Merit: 422
January 12, 2017, 09:24:29 AM
#34
if it ever reaches 1000 usd again there will be an incredible resistance point at 1k this time.
people wont be likely to make the same mistake twice and there will be huge sell at that point.
if i had any coins and would sell them once we hit 920-950 again.
i am not expecting a 1k+ end this year actually.
hero member
Activity: 1050
Merit: 529
January 12, 2017, 08:32:32 AM
#33
I was really disappointed to see bitcoin drop back to 750s, i expected the fall but not a return to same price that was before the climb. As far as bitcoin reaching $1000 again is concerned then bitcoin will very easily reach 1000, its speculated that bitcoin will even reach $10,000 in next 5 years so 1000 shouldn't too difficult it was already achieved and it can be once again.
hero member
Activity: 1260
Merit: 524
January 12, 2017, 07:59:49 AM
#32
I think Bitcoin will reach 1000 again before the end of 2017.  Whales just riding the news in China to bring fear to bitcoin holders, which I think is clever enough to shake weak hands and even moving those people who is beginning to trust Bitcoin.
If you are at a lost it would be wise to hold it if you do not have urgent need of the money.

It is true that due to china news the market got feared and reacted and the weak hands got feared and started to sell but now the price going back to 1000 price will take surely more then 6 months as it has to get back some good news to get positive reaction in the market
legendary
Activity: 1288
Merit: 1000
January 12, 2017, 07:57:19 AM
#31
We need to remember that huge part of bitcoin price is in our mind. Psychology of the crowd was always the most important factor influencing the price.
So I am quite used to seeing this kind of FUD about bitcoin failing. There is even site called Bitcoin Obituaries where you can read all unfavorable reviews that bitcoin failed and soon will be gone.

Don't believe in this, if bitcoin price is low right now then it means that it is time to buy.
legendary
Activity: 3052
Merit: 1281
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January 12, 2017, 07:42:19 AM
#30
I think Bitcoin will reach 1000 again before the end of 2017.  Whales just riding the news in China to bring fear to bitcoin holders, which I think is clever enough to shake weak hands and even moving those people who is beginning to trust Bitcoin.
If you are at a lost it would be wise to hold it if you do not have urgent need of the money.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
January 12, 2017, 07:40:41 AM
#29
back in 2015 when price was crashing to $200 and even once it went down to $170 everybody were desperate and thinking price can never go up again. i said it back then and i say it again here, it is just a hiccup, a bump on the road. we will get back on the real track soon, as long as regular holders stop giving their money to whales for free or whales feel like their pockets are full enough.
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