Will BTC ever reach 1000 again? - page 2.

BitHodler

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Quote from: iqlimasyadiqa on January 12, 2017, 07:06:17 AM

I will buy many bitcoin today. I feel sorry when it does not sell bitcoin in the price of 1100USD.
it was my chance to become rich. This time I will not repeat the mistake back.

It's bad that you missed the great opportunity to sell above the $1000 mark but that's history now. Focus on what you can do right now.

Buying at current prices may still be a risk since we don't know whether or not the panic is out of the market, but I also know that current prices are tempting to buy at.

And uhhh, become rich? How many coins would you have sold in which you would become rich as you have stated? My definition of rich is at least $1,000,000 worth of coins.

iqlimasyadiqa

legendary

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I will buy many bitcoin today. I feel sorry when it does not sell bitcoin in the price of 1100USD.
it was my chance to become rich. This time I will not repeat the mistake back.

Pierre 2

legendary

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I think it wont crash, if you dont have serious losses just dont cut it and wait for long.
It will resurge back up. I am pretty sure next time we will pass peak.

hase0278

hero member

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BTC in my opinion will reach 1000$ again but it might be long before that happens or it might happen just after the chinese dumping their coins because of their government. For now all you can do is to either hold what you got, and patiently wait for the price to go back above 1000$, or to sell now to cut your losses. Its your call though but if im in your place, i'd rather use that coin in altcoin trading.

bitbunnny

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It will reach 1000$ again, that is sure. The question is when. They price will not falling forever, just like it's not climbing up forever. People always forget that and always make panic.
What comes up, must come down and vice-verca, nothing strange in that.

1Referee

legendary

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It's big money behind the scenes that run this show, so it's in their benefit to make the price pump significantly, and to make it tank again. It hasn't been any different since I started trading in early 2013. If you also consider that Chinese exchanges are heavily involved in the well known mining farms, then you also know that it's in their own benefit to keep the price at certain profitable levels. If it's not by legit demand, these exchanges will offer a helping hand by making the price go up artificially. So don't worry, the price will go back to +$1000 levels again.

Kakmakr

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I was in the same situation about more than a year ago. The price was going down and everyone was panicking. I decided to take the chance and I bought at $490. I recently sold those coins for $1100 even though I had to wait for more than a year. You will regret selling at a loss, if the price goes back to those levels again. We do not have a crystal ball, but we have seen what happens in the past and in most cases the price goes up to, or even higher than the past.

Hold on for a while, and see what happens. Short term volatility just scare off the people who do not see the bigger picture. ^smile^

Sukovsky

member

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China 'banned' BTC again as always when we reach a top. You are being manipulated by the big money.

btcmerich

sr. member

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Sure it will reach 1000USD and even higher the question is when and how much lower will it go before the rise. At the moment is best to keep your bitcoin if you do not need money .

Amph

legendary

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Quote from: kwukduck on January 11, 2017, 08:37:19 PM

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.

it's not being dumped because of the reason you are listing, it's just because chinese fear their government that might shut down soem exchange

so they are punic dumping right now, it will recover when this bad news will vanish as usual, what i hate is that you need a bad news to destroy the value of bitcoin, this is just play stupid....

this also mean that bitcoin has somehow a centralized market, when you see a whole country determinating its price like nothing

dinofelis

hero member

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Quote from: spiderbrain on January 12, 2017, 01:56:05 AM

My suggestion is you need to either relax and only check the price of bitcoin once a year, or get out the investment because it makes you too nervous. I'm holding on to my coins because of fundamentals, but it may be a long time before we see another leg up.

Amen.

I buy regularly small amounts of bitcoin, whatever the price. (ok, I admit having skipped when I saw it booming over $1000, because it was too obvious it would come down again, no point in buying it that high). With those bitcoins, I buy stuff on the internet. I never convert them back to fiat. I don't see it as an "investment", but of course any value increase makes the stuff I buy on the internet cheaper. I refuse to "trade". I think that's killing crypto.
As I don't buy much stuff on the internet, I don't need much bitcoins. The day I can buy that stuff with something like monero, I will convert most of my bitcoins to monero or whatever good anon coin is usable to buy stuff. And the day that one can buy more stuff on the internet with bitcoin, I'll buy more bitcoin. But for the moment, I don't see that happening. Unfortunately. So I can't do much with large amounts of bitcoin.

spiderbrain

legendary

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My suggestion is you need to either relax and only check the price of bitcoin once a year, or get out the investment because it makes you too nervous. I'm holding on to my coins because of fundamentals, but it may be a long time before we see another leg up.

Lisaren

newbie

Activity: 17

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Quote from: beastcoast on January 11, 2017, 08:32:25 PM

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 bitcoin maybe decrease under 600$ in this month and this is good chance to re-buy bitcoin again. it will reach at least 1,200$ ah the end of this year. Some bad rumors are coming back from china so it 's down deeply. Just wait for low price and buy it .

pooya87

legendary

Activity: 3472

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it will surely go to $1000 once again. that part is 100% sure. but when, it is never easy to say. and that is the hard part of it all.
i say $1000 is possible because everything points to it being possible. bitcoin has lots of potential, there are lots of people who have not yet adopted bitcoin and when mass adoption happens prices will go to crazy numbers that you can not even imagine today. and always keep in mind that there is a limited supply of bitcoin for the whole wide world.

Omega Weapon

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Quote from: beastcoast on January 11, 2017, 08:32:25 PM

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?

It is your money so do whatever you want with your money, the problem was not with bitcoin but with your strategy, to buy in the top of a bubble is a mistake that is the moment to sell, when the price reached 1100 holders of bitcoin sold because they had bought at the 500 or the 600 mark.

nanobtc

hero member

Activity: 605

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Quote from: beastcoast on January 11, 2017, 08:32:25 PM

Long time lurker, first time poster. I made a very silly mistake of buying coin at $1160.

The short answer? Yes, hodl. The long answer? Unless you spent the rent money to do so, just wait it out.

Woops, those answers are the same. It's not a silly mistake until you sell, and lose money. A good way to invest is buy a little bit regularly. Dollar cost averaging spreads your risk, and spreads the stress!

I don't know how old you are, but {what if} someday BTC is moonshot, and you have to tell your kids/grandkids "Yep, well, I sold my BTC way back then for only $XXXXXXXXX".

You made a non-mistake of buying coin at any price, for 2017.

I Am Hero

member

Activity: 81

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yeah it will. and that is for sure.

for now the whales are spreading FUD and then dump bitcoin and price falls but it will reverse soon after they are done dumping and decide to buy back all they have dumped and price will go to $1500

cengsuwuei

hero member

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#SWGT PRE-SALE IS LIVE

bitcoin price can reach 1000 dollar
and over 1000 dollar but not few time
bitcoin price can reach 1500 dollar/bitcoin in end year

Doms

hero member

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Merit: 500

The surge has happened before, there is no reason it can't happen again. Just don't think that it is not going to recover again. The price always manages to break new highs each year. It just so happened that the price peaked too fast too soon, hence the drop we are seeing now is somewhat expected. Reminds me of when I sold when the price was just over $600 not knowing that we were going for a new high over $1100. You can hold and forget for a while, if you don't need the money yet and just wait till you have recovered your losses and you are already on the green side.

trollercoaster

legendary

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Merit: 1001

I think we break out downwards now until March/April, just hold your coins if you don't need the cash, perhaps alts will begin to have another run up in the mean time, and you can recover your losses there?
Be careful of bull and bear hype, Bitcoin is going through some serious short term directional changes, so all you should bet on now is maximum confusion, buy the dips and hold if you believe in the value of crypto currency.

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