Will the Bitcoin price ever drop back down to $500? - page 4.

European Central Bank

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Quote from: jubalix on December 05, 2016, 06:33:55 PM

I think there will be a flash crash to 300? 400? on some exchange....this happens every so often in BTC

I think that's more likely in quieter periods. people probably have more buys lined up when there's an atmosphere of anticipation. 10-20 dollars falls have been munched up recently.

CoinCidental

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Quote from: 1Referee on December 12, 2016, 05:15:07 AM

It's funny that when people talk about reaching $1000 that they see it as an easy thing (which it's obviously not) that might happen this month, but when they talk about $500 it's next to impossible to see such prices, while the difference to reach both levels is not that large ($230 to reach $1000 and $270 to reach $500). It doesn't only depend on whether or not we'll see another major exchange getting "hacked" as some people say. We can very well land into a bear market that is pushing the price slow but steadily towards $500 prices. Realistic possibility since the price can't only go up.

There will not be such a market as you describe for the simple reason that there are now a greater amount of bulls than bears and people in certain countries are even paying 25% over the spot price because btc is in short supply..... Already

$5-10k before the next halving, if anyone needs to accumulate under 1k the train is leaving the station....

1Referee

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It's funny that when people talk about reaching $1000 that they see it as an easy thing (which it's obviously not) that might happen this month, but when they talk about $500 it's next to impossible to see such prices, while the difference to reach both levels is not that large ($230 to reach $1000 and $270 to reach $500). It doesn't only depend on whether or not we'll see another major exchange getting "hacked" as some people say. We can very well land into a bear market that is pushing the price slow but steadily towards $500 prices. Realistic possibility since the price can't only go up.

BlockEye

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Quote from: icecube45 on December 12, 2016, 03:56:07 AM

Bitcoin is now experiencing development and current prices continue to rise so it is very profitable. But bitcoin prices always fluctuate, and we can not guess. I'm sure the bitcoin price will drop probably around 500 - 600. That's because the market price may not always go up, there was a time when the market price will drop. But after that the price will go up again higher, and that I think is reasonable.

You already stated above that the price of bitcoin is always fluctuating so that means that dumping to 500$ price is quiet impossible now because it's current price is far from 500$ and i think bitcoin price already passed that price coverage. Only major incident just like bitfinex issue will made the price of bitcoin dump hard again but besides that, i think it is impossible.

icecube45

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Bitcoin is now experiencing development and current prices continue to rise so it is very profitable. But bitcoin prices always fluctuate, and we can not guess. I'm sure the bitcoin price will drop probably around 500 - 600. That's because the market price may not always go up, there was a time when the market price will drop. But after that the price will go up again higher, and that I think is reasonable.

Babayega31

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Quote from: European Central Bank on December 01, 2016, 05:19:49 PM

it's totally possible. all it takes is more buyers than sellers down to a certain level. who would've thought it would go back down to 160? 1100 was la la land but so would 160 have seemed before it happened.

No its not possible at all, there will be more sellers than buyers rising to optimum level. I would believe that price will be soaring more than $1000 and i don't see that's going down nowadays demand is good to those who use bitcoin. Everyone is using bitcoin in different aspects of spending through payments online, cashing out to fiat, loading mobile numbers instantly. So if we visualize it and make positive approach to what some people saying negative, that would not affect my ideas and motivations towards bitcoin progress.

CoinCidental

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Quote from: bitebits on December 12, 2016, 02:32:35 AM

Quote from: CoinCidental on December 11, 2016, 12:18:38 PM

Quote from: kryptqnick on December 11, 2016, 11:56:40 AM

My answer is yes and the supposed time is year 2020. Reason: btc has already been $1k and then it dropped to $300 or so. Big operations with btc stolen and halving are two things which are likely to make the price go down. Another thing is electricity becoming more expensive in poor countries trying to integrate into EU and stuff which is happening in my country now. If electricity is not cheap then mining is unprofitable, the whole process stops and btc explodes.

in your dreams lol
ive never seen such a backwards argument so il have to assume your trolling Cheesy

It is called a signature campaign.

Its very unfortunate that people are getting paid to post this verbal diahoerea in every thread....
I will be sure to avoid any company that is using braindead retards to spam a forum in the name of "advertising" Roll Eyes

jondeen707

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Quote from: dihari on December 12, 2016, 02:37:55 AM

No one can predict the market. Everythings is can be happen even you say it down to $100 or growing $10.000.
But if the community spend bitcoin everyday to pay anythings, it will make bitcoin strong in the market.

That's true, no one has got a crystal ball. But I do not think that it can go down to even below $300 as the level of adoption has grown immensely recently.

dihari

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No one can predict the market. Everythings is can be happen even you say it down to $100 or growing $10.000.
But if the community spend bitcoin everyday to pay anythings, it will make bitcoin strong in the market.

bitebits

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Quote from: CoinCidental on December 11, 2016, 12:18:38 PM

Quote from: kryptqnick on December 11, 2016, 11:56:40 AM

My answer is yes and the supposed time is year 2020. Reason: btc has already been $1k and then it dropped to $300 or so. Big operations with btc stolen and halving are two things which are likely to make the price go down. Another thing is electricity becoming more expensive in poor countries trying to integrate into EU and stuff which is happening in my country now. If electricity is not cheap then mining is unprofitable, the whole process stops and btc explodes.

in your dreams lol
ive never seen such a backwards argument so il have to assume your trolling Cheesy

It is called a signature campaign.

thebatletbet

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very imposible bitcoin price can down until reach 500 dollar
bitcoin user community and miner not need bitcoin price is under 500 dollar
posible is only big news, crash in tx id, exchanger hack, same bitfinex incident after hack bitcoin price down

Gwerrahar

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I do not think it will happen anytime soon but of course it can happen the bitcoin can crash on some point people forget its an unstable currency and that it can go all ways.

CoinCidental

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Quote from: kryptqnick on December 11, 2016, 11:56:40 AM

My answer is yes and the supposed time is year 2020. Reason: btc has already been $1k and then it dropped to $300 or so. Big operations with btc stolen and halving are two things which are likely to make the price go down. Another thing is electricity becoming more expensive in poor countries trying to integrate into EU and stuff which is happening in my country now. If electricity is not cheap then mining is unprofitable, the whole process stops and btc explodes.

in your dreams lol
ive never seen such a backwards argument so il have to assume your trolling Cheesy

kryptqnick

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My answer is yes and the supposed time is year 2020. Reason: btc has already been $1k and then it dropped to $300 or so. Big operations with btc stolen and halving are two things which are likely to make the price go down. Another thing is electricity becoming more expensive in poor countries trying to integrate into EU and stuff which is happening in my country now. If electricity is not cheap then mining is unprofitable, the whole process stops and btc explodes.

pvaspecialist

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Well this time very small chance to drop back down to $500/BTC.bitcoin is now pretty much stable and I don't think bitcoin will be drop from this position.I am pretty much positive this time I saw some people said bitcoin will reach $1000, I think still have chance to increase price and reach $1000.lets see what will happen future.

Qunenin

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Quote from: LovelyPrey on December 09, 2016, 03:14:01 PM

I think not anymore since there are many users now, so the money or bitcoin will generate so it will grow higher/

One more point,if a whale holds the bitcoin on its own wallet then we might get that thing or have that value
and I know this won't happen because everyone wants to get money, so we hope big whales will gonna generate their money then.

dhampir-D

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Quote from: wxa7115 on December 08, 2016, 01:14:27 PM

While anything can happen I think is very unlikely we are going to see that price again the 700+ mark looks good and there does not seem to be any signal we are going to see such a price drop in the short term.

It will be very difficult, indeed, to see Bitcoin below seven hundred dollars from now, but it's possible that it will occur for a brief moment. In panic-selling situations, it would be possible for Bitcoin to reach a minimum of $ 670, but soon thereafter the price would likely rise above $ 700 again. As you said, anything can happen.

MFahad

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Quote from: LovelyPrey on December 09, 2016, 03:14:01 PM

I think not anymore since there are many users now, so the money or bitcoin will generate so it will grow higher/

Yes, as the time goes by the value of bitcoin is increasing , not decreasing so since it is increasing it is impossible to get the
price of bitcoin low.

LovelyPrey

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I think not anymore since there are many users now, so the money or bitcoin will generate so it will grow higher/

CoinCidental

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Si vis pacem, para bellum

$1k+ is more likely than $500 at this stage
its buy now or be sorry later i think ......

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