Will we ever see bitcoin lower than 1000$? - page 12.

Sled

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Quote from: Tyrantt on July 05, 2017, 04:09:36 AM

Quote from: Seeker01 on July 04, 2017, 11:29:16 PM

Quote from: NeilLostBitCoin on July 04, 2017, 07:51:33 AM

That is impossible now. The lowest we can see is about $1800 usd according to fibbonacci retracement. But who knows, if that support get beaten we may see a reversal where many will panic sell. But if you believe in bitcoin, in that price you would buy all the sell orders to have cheap bitcoin.

I agree with this the support level of bitcoin are really well placed and i think it will not be beaten even after the segwit because of the increasing demand for bitcoin i think $1000 per BTC is really impossible to happen. I believe in the price of bitcoin now, and i know it will continue to soar high.

It's not that is impossible, it's just very highly unlikely but the price is absolutely sure to go up, I'm just very, very interested to see whats going to happen after the segwit adoption with the price, split, etc..

The price after the segwit will become high because there is a lot of expectation for the segwit and if the bitcoin will have a successful segwit fork then the price will go up because a lot of people now will get interested in bitcoin again because of its improvements and the performance will go back again to its normal range of performance like it was just in the beginning of bitcoin.

Tyrantt

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Need some spare btc for a new PC

Quote from: Seeker01 on July 04, 2017, 11:29:16 PM

Quote from: NeilLostBitCoin on July 04, 2017, 07:51:33 AM

That is impossible now. The lowest we can see is about $1800 usd according to fibbonacci retracement. But who knows, if that support get beaten we may see a reversal where many will panic sell. But if you believe in bitcoin, in that price you would buy all the sell orders to have cheap bitcoin.

I agree with this the support level of bitcoin are really well placed and i think it will not be beaten even after the segwit because of the increasing demand for bitcoin i think $1000 per BTC is really impossible to happen. I believe in the price of bitcoin now, and i know it will continue to soar high.

It's not that is impossible, it's just very highly unlikely but the price is absolutely sure to go up, I'm just very, very interested to see whats going to happen after the segwit adoption with the price, split, etc..

stadus

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Quote from: Seeker01 on July 04, 2017, 11:29:16 PM

Quote from: NeilLostBitCoin on July 04, 2017, 07:51:33 AM

That is impossible now. The lowest we can see is about $1800 usd according to fibbonacci retracement. But who knows, if that support get beaten we may see a reversal where many will panic sell. But if you believe in bitcoin, in that price you would buy all the sell orders to have cheap bitcoin.

I agree with this the support level of bitcoin are really well placed and i think it will not be beaten even after the segwit because of the increasing demand for bitcoin i think $1000 per BTC is really impossible to happen. I believe in the price of bitcoin now, and i know it will continue to soar high.

It's not impossible but the chances to see that again is very low, hence we should not be thinking of that price anymore and let's move
forward because there are more better price we will achieve. I would buy at the current price now if I my intention is for long term investment
since it's not impossible to see another pump again.

Seeker01

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Quote from: NeilLostBitCoin on July 04, 2017, 07:51:33 AM

That is impossible now. The lowest we can see is about $1800 usd according to fibbonacci retracement. But who knows, if that support get beaten we may see a reversal where many will panic sell. But if you believe in bitcoin, in that price you would buy all the sell orders to have cheap bitcoin.

I agree with this the support level of bitcoin are really well placed and i think it will not be beaten even after the segwit because of the increasing demand for bitcoin i think $1000 per BTC is really impossible to happen. I believe in the price of bitcoin now, and i know it will continue to soar high.

Script3d

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no because there are too many people holding bitcoin waiting for the price to increase and not all people sell all of their bitcoins when price dropped alot and people would likely to buy more bitcoins when the price is low

italianobitcoin

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Quote from: amaral1977 on July 04, 2017, 03:06:03 PM

In the fork of August is not impossible. If it drops lower than 1300 it will deep and deep as it will have no support. Maybe we will have another shot on stockpiling "cheap" bitcoin again...

There is plenty of support above 1200 USD.
And today I heard a Goldman Sach analyst say that the price can retract to 1800 dollar but not much lower. Then a new fifth wave can/will happen which may take the price to a stable 3200 dollar. Which would be an excellent price for 1 bitcoin.

Finestream

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Quote from: amaral1977 on July 04, 2017, 03:06:03 PM

In the fork of August is not impossible. If it drops lower than 1300 it will deep and deep as it will have no support. Maybe we will have another shot on stockpiling "cheap" bitcoin again...

That could happen if the weak hands will panic and dump their bitcoins. I hope it will not create a big panic and the market will not be affected hugely, I am sure I will also take this opportunity to buy cheap bitcoins because I miss a lot of opportunities like this before and I can't allow to happen again.

amaral1977

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In the fork of August is not impossible. If it drops lower than 1300 it will deep and deep as it will have no support. Maybe we will have another shot on stockpiling "cheap" bitcoin again...

Monnt

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Quote from: xIIImaL on July 03, 2017, 04:44:00 AM

Quote from: Anfisman on July 02, 2017, 09:43:42 AM

Actually it all happens because the bitcoin price always have a fluctuations, this can certainly be profitable but also can be detrimental. And there is always the possibility that the bitcoin price will go down, but we expect the decline not to fall below $ 1000, let alone up to $ 600. Because if it's happen it will reduce our butged.

This fluctuation policy not affecting bitcoin from the past 3 months. I checked yesterday price changed 60$ above from the starting price of the day. I do not think we may see the bitcoin price is low to 1000$ or down.
I hope we may see the bitcoin price will be around 3000$ with in this year end.

It is a well-known fact that inflation does not affect bitcoin at all. Inflation usually affects fiat currencies while bitcoin is just an online currency which can be changed into other currencies. So, it is even more beneficial to use bitcoin as a currency.

Fiat currencies are affected just because there are using in economy will bitcoin is using all around the world where people invest money, trading and so many more that’s why it is independent it is not like dependent like fiat currencies.

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I think that is impossible for now because the bitcoin price now is so high so it will be not lower maybe with 2000$ and in my opinion let's start investing now in bitcoin and saving as much as you can because the bitcoin can multiply this year because of the segwit and if fail I think it will drop it's price.

NeilLostBitCoin

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That is impossible now. The lowest we can see is about $1800 usd according to fibbonacci retracement. But who knows, if that support get beaten we may see a reversal where many will panic sell. But if you believe in bitcoin, in that price you would buy all the sell orders to have cheap bitcoin.

Sled

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Bitcoin- in bullish time

Quote from: DevilSlayer on July 03, 2017, 11:58:49 PM

I don't think so. But there is a hard folk about the August 1. Many people are afraid to it. They say that there is possibility that the value of the bitcoin will suddenly decrease it's value. But I think it will never be $1000 again.

Because of the fear of the people for the hard fork in August 1 they might sell their coins and create a huge panic selling point where all the people will be more afraid of the what is happening for bitcoin and that is when the price can lower to $1,000 and it can become worse depending on the demand of the people who want to sell.

DevilSlayer

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I don't think so. But there is a hard folk about the August 1. Many people are afraid to it. They say that there is possibility that the value of the bitcoin will suddenly decrease it's value. But I think it will never be $1000 again.

GoodOne

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I really doubt that BTC will fall to $1000.
$1800 - possible, but not $1000... at least I hope so

August will show us how how solid or weak btc can be Wink

p.s.But if it will fall lower than $1000 it will be another opportunity because I am sure it will bounce back quite fast

Pettuh4

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Quote from: EdenHazard on July 03, 2017, 08:58:09 PM

Quote from: Questat on June 29, 2017, 12:45:33 AM

Quote from: EdenHazard on June 28, 2017, 10:40:16 PM

Quote from: mundang on June 28, 2017, 09:04:24 PM

Theres no chance that bitcoin will go back to that price, cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.

considering bitcoin nowadays getting rare and as time goes by only few people hold bitcoin then yes there is a little chance bitcoin could go down to below $1,000 or so , unless there is a huge news about how bitcoin recognized as an illegal thing around the wolrd which it is near impossible.

so just hold your bitcoin or even buy it now before bitcoin getting expensive.

I could not imagine how investors will be upset if the price will go down below $1,000, that is more than 50% decrease
which is not good for the market. I will not expect that to happen, and we are already lucky to see the price below $2,000 which
I think gives us the opportunity to buy.

the golden time to buy bitcoin cheap are passed, i am not sure if bitcoin could really back to that low price soon or later, current price are the fair price as bitcoin supply itself getting lower and lower as we all might now bitcoin supply are fixed and limited.

the price even expected to keep growing , as theoretically it should be more expensive and woth.

That is correct, so those hoping for some huge dumps should rather reconsider their expectations because the days of Bitcoin at $1000 are over and we should think big going forward. It is gaining global recognition by the day and there's a corresponding increase in its value due to the consistency in terms of demand.

EdenHazard

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Quote from: Questat on June 29, 2017, 12:45:33 AM

Quote from: EdenHazard on June 28, 2017, 10:40:16 PM

Quote from: mundang on June 28, 2017, 09:04:24 PM

Theres no chance that bitcoin will go back to that price, cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.

considering bitcoin nowadays getting rare and as time goes by only few people hold bitcoin then yes there is a little chance bitcoin could go down to below $1,000 or so , unless there is a huge news about how bitcoin recognized as an illegal thing around the wolrd which it is near impossible.

so just hold your bitcoin or even buy it now before bitcoin getting expensive.

I could not imagine how investors will be upset if the price will go down below $1,000, that is more than 50% decrease
which is not good for the market. I will not expect that to happen, and we are already lucky to see the price below $2,000 which
I think gives us the opportunity to buy.

the golden time to buy bitcoin cheap are passed, i am not sure if bitcoin could really back to that low price soon or later, current price are the fair price as bitcoin supply itself getting lower and lower as we all might now bitcoin supply are fixed and limited.

the price even expected to keep growing , as theoretically it should be more expensive and woth.

BCTBF

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Quote from: azguard on July 03, 2017, 04:13:05 AM

Quote from: MRlong on July 02, 2017, 10:33:01 AM

Quote from: Anfisman on July 02, 2017, 09:43:42 AM

Actually it all happens because the bitcoin price always have a fluctuations, this can certainly be profitable but also can be detrimental. And there is always the possibility that the bitcoin price will go down, but we expect the decline not to fall below $ 1000, let alone up to $ 600. Because if it's happen it will reduce our butged.

$1000 is deadline for Bitcoin in present, if the price breakdown under $1000, next price maybe is $800 because in that time can have panic seller everywhere. I think if this is true, maybe by SegWig failed and split Bitcoin to 2 Blockchain Network

Not possible even if segwit failed. Think little we have this year some improvement that are hard not to be noted. Japan fully adopted bitcoin in every day trade, Australia made no double tax and going to do the same as Japan fully adopting it in every day trade. Some other countries are on same path but this will only make for bitcoin to remain strong in price and i dont think that even if everything went down price wont be under 1500 ever again.

But i dont expect for segwit to fail i expect something similar like what happen to bitcoin maybe not that much but still i have confidence that price will break 3000 or even 3500.

Actually I still do not understand what it is segwit and I also already to find out on google about segwit, but I still do not understand what is segwit. If talk about bitcoin prices, I really do not want to see bitcoin prices falling below $1000 and hopefully bitcoin prices will remain at $2000 even though segwit has been implemented on August 1st.

xIIImaL

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Quote from: Anfisman on July 02, 2017, 09:43:42 AM

Actually it all happens because the bitcoin price always have a fluctuations, this can certainly be profitable but also can be detrimental. And there is always the possibility that the bitcoin price will go down, but we expect the decline not to fall below $ 1000, let alone up to $ 600. Because if it's happen it will reduce our butged.

This fluctuation policy not affecting bitcoin from the past 3 months. I checked yesterday price changed 60$ above from the starting price of the day. I do not think we may see the bitcoin price is low to 1000$ or down.
I hope we may see the bitcoin price will be around 3000$ with in this year end.

azguard

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Quote from: MRlong on July 02, 2017, 10:33:01 AM

Quote from: Anfisman on July 02, 2017, 09:43:42 AM

Actually it all happens because the bitcoin price always have a fluctuations, this can certainly be profitable but also can be detrimental. And there is always the possibility that the bitcoin price will go down, but we expect the decline not to fall below $ 1000, let alone up to $ 600. Because if it's happen it will reduce our butged.

$1000 is deadline for Bitcoin in present, if the price breakdown under $1000, next price maybe is $800 because in that time can have panic seller everywhere. I think if this is true, maybe by SegWig failed and split Bitcoin to 2 Blockchain Network

Not possible even if segwit failed. Think little we have this year some improvement that are hard not to be noted. Japan fully adopted bitcoin in every day trade, Australia made no double tax and going to do the same as Japan fully adopting it in every day trade. Some other countries are on same path but this will only make for bitcoin to remain strong in price and i dont think that even if everything went down price wont be under 1500 ever again.

But i dont expect for segwit to fail i expect something similar like what happen to bitcoin maybe not that much but still i have confidence that price will break 3000 or even 3500.

MRlong

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Quote from: Anfisman on July 02, 2017, 09:43:42 AM

Actually it all happens because the bitcoin price always have a fluctuations, this can certainly be profitable but also can be detrimental. And there is always the possibility that the bitcoin price will go down, but we expect the decline not to fall below $ 1000, let alone up to $ 600. Because if it's happen it will reduce our butged.

$1000 is deadline for Bitcoin in present, if the price breakdown under $1000, next price maybe is $800 because in that time can have panic seller everywhere. I think if this is true, maybe by SegWig failed and split Bitcoin to 2 Blockchain Network

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