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Topic: Will we ever see bitcoin lower than 1000$? - page 23. (Read 37888 times)

sr. member
Activity: 840
Merit: 250
www.guestcrew.com
I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.
Even that was price crashed few days ago price is recovering till know and may surpass the peak later and going to $3000. Bitcoin to $1000 is highly impossible to reach unless some big news happened.
full member
Activity: 210
Merit: 100
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We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
The bitcoin will never reach $600 we are know too many companies are trying to take the more opportunities on the crypto business which gives more benefits for them. If there will be a demand for bitcoin and it will guarantee the future of bitcoin.
Not sure about $600 prices, but there is no guarantee that it won't ever fall below the $1000 mark again. Don't forget that just before, or just after August 1st, we'll go through a turbulent time period.

No one yet can look at what's really going to happen at that time, but the chances for a good outcome are on the same level as the chances for a not so good outcome.

Some people are desperately looking to use altcoins to temporarily hedge Bitcoin, some plan to liquidate a part of their hodlings to have enough cash aside, and the list goes on ~ the fear is definitely there.
I believe that the split will only be good in either cases. In the best scenario it will get more people interested to the bitcoin world and joining it, with a consequent rise of the price (or will keep it stable at least). If it doesn't go that good, I don't see the price going down THAT low anyways (and if it falls a bit, there's time to let it go back up)
hero member
Activity: 1694
Merit: 541
Due to they expecting that bitcoin were running to lower price and they thinking that sooner or later bitcoin were going to shutdown​.
How do you think that a decentralized currency like bitcoin shuts down,one good thing you must do is the start learning about the technology behind bitcoin and then you will understand the scope of bitcoin than just a money making machine.
legendary
Activity: 1526
Merit: 1179
We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
The bitcoin will never reach $600 we are know too many companies are trying to take the more opportunities on the crypto business which gives more benefits for them. If there will be a demand for bitcoin and it will guarantee the future of bitcoin.
Not sure about $600 prices, but there is no guarantee that it won't ever fall below the $1000 mark again. Don't forget that just before, or just after August 1st, we'll go through a turbulent time period.

No one yet can look at what's really going to happen at that time, but the chances for a good outcome are on the same level as the chances for a not so good outcome.

Some people are desperately looking to use altcoins to temporarily hedge Bitcoin, some plan to liquidate a part of their hodlings to have enough cash aside, and the list goes on ~ the fear is definitely there.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
The bitcoin will never reach $600 we are know too many companies are trying to take the more opportunities on the crypto business which gives more benefits for them. If there will be a demand for bitcoin and it will guarantee the future of bitcoin.
hero member
Activity: 3080
Merit: 603
I think Bitcoin price would not fall to 1000$ as Bitcoin is seen as an investment by many and a lot of people have already invested in bitcoin.

Well it won't be falling anymore even there will be another correction or crash/dump to happen. Everyone wants to see a correction as it will give everyone to have a lot of chance to buy at lower price. But with a lot of people and newly informed investors that are seeing this great crypto currency, they will make the price up again.
Now a days, the users are smarter than before so if they will see a dump or dips then they will immediately buy and hold so there is no chance for the price to get lower than $1,000 per 1 bitcoin and i think the price will just continue up to $3,000 and be stable to that and i think it is coming after the events this year like the forks and more.

That's true, everyone now has almost the same way of thinking. If they are seeing the price is falling, they won't be hurt anymore as that will be an advantage to those wanted to buy more. And the price will keep on increasing with the upcoming events so for sure that will make a lot of good news and will make the price good.
newbie
Activity: 38
Merit: 0
We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
sr. member
Activity: 317
Merit: 250
I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.
hero member
Activity: 630
Merit: 500
I don't want to see that bitcoin was lower than $1000 because if it is happened I'm sure that most of the users lost their interest to the bitcoin. Due to they expecting that bitcoin were running to lower price and they thinking that sooner or later bitcoin were going to shutdown​.
legendary
Activity: 2016
Merit: 1107
why not? we can't deny that bitcoin has demonstrated clear bubbly behaviour
bubbly in a way that it is clearly a bubble  Grin,so you can expect itto be manipulated if needed to hit 1000$ low
but at the moment the sun is shining and nothing seems to be impeding the growth to 2600$ or even higher
just look back at February-March: 1000$ price was a blessing back then
and the conversations were about shall we ever hit the 1000$ mark again or not
hero member
Activity: 490
Merit: 501
From the last drop all i were able to be almost 100% sure is that bitcoin wont go lower 2000 dollars anymore, looks like it had found a big resistance to keep above 2000 dollars, soo the future will tell, but i doubt we will see ever again bitcoin at 1000 dollars.

Its highly unlikely that we will see bitcoins below $1000 dollars but its recent windfall is very worrying, And we don't seem to have any idea on why its falling, is the market being manipulated by some people?

At the rate that Bitcoin is going, it is almost impossible for the value to go down to the $1000 level...well not unless we can see a great upheaval in the world scene...maybe a World Ward 3 perhaps...but for an economic depression it can even put Bitcoin on a fly-away note.

The recent fall is another correction of value for Bitcoin as we are now seeing new people who might be trading and holding Bitcoin and can easily be panicking. The current feel is that Bitcoin will be going up after some bumps.
sr. member
Activity: 630
Merit: 251
I think Bitcoin price would not fall to 1000$ as Bitcoin is seen as an investment by many and a lot of people have already invested in bitcoin.
Yeah right the price of bitcoin we will not see to below again 1000$ ,if the bitcoin investors and users are going towards to  decrease it is possible that the price of bitcoin will goes to below 1000$ , but not like that the bitcoin investors and users are going towards increasing in this case bitcoin price will not to decrease 1000$ its price will going towards rise more and more .
sr. member
Activity: 882
Merit: 326

It may be difficult if btcoin will drop to 1000 $. Because bitcoin will reportedly go up. Thank
sr. member
Activity: 526
Merit: 250
If you are familiar with the money markets, you will not agree with OP that bitcoin will never go below $1000 mark. Anything can happen and the price can fall well below the $1000 mark. If it rose overnight from around $250 to $600, which is over 140%, what will hinder bitcoin to drop by a similar margin?. To me, anything is possible and it can drop at any time. By the time of writing this post, the price of bitcoin is around $2530.
legendary
Activity: 2646
Merit: 1106
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I think Bitcoin price would not fall to 1000$ as Bitcoin is seen as an investment by many and a lot of people have already invested in bitcoin.

Well it won't be falling anymore even there will be another correction or crash/dump to happen. Everyone wants to see a correction as it will give everyone to have a lot of chance to buy at lower price. But with a lot of people and newly informed investors that are seeing this great crypto currency, they will make the price up again.
Now a days, the users are smarter than before so if they will see a dump or dips then they will immediately buy and hold so there is no chance for the price to get lower than $1,000 per 1 bitcoin and i think the price will just continue up to $3,000 and be stable to that and i think it is coming after the events this year like the forks and more.
As stated these days people who have made a big earning through bitcoin have a big trust on bitcoin. This makes them make use of the chance and buy as much possible. These days it's quite hard to see such a drop of less than $1000, and could not assure it because of its uncertain nature.
member
Activity: 70
Merit: 10
i think it will never happen based on the price or value of bitcoin right now as you can see if you visit some exchangers you will notice that bitcoin value is 2500$+ so the question here is will we ever see the bitcoin lower than 1000$ maybe if the biggest stock holders sell their bitcoins we can see that price.
legendary
Activity: 938
Merit: 1000
From the last drop all i were able to be almost 100% sure is that bitcoin wont go lower 2000 dollars anymore, looks like it had found a big resistance to keep above 2000 dollars, soo the future will tell, but i doubt we will see ever again bitcoin at 1000 dollars.

Its highly unlikely that we will see bitcoins below $1000 dollars but its recent windfall is very worrying, And we dont seem to have any idea on why its falling, is the market being manipulated by some people?

Why worried?

You guys just noticed how much it goes down but you forgot how high the bitcoin price goes up and established prior to this price decrease. People don't ever forget that bitcoin price is not always going up. Forget that we just stay on $1,000 for just a short term and now sitting at above $2,000 now? The price decrease went down to $2,300 but that's it and we can see that we have a strong support there. In just 2 days we are again at $2,600. Just play the game and don't stressed yourself. The one who should worry is those who doesn't have bitcoin today.

This is not what you should pay special attention to

The major problem with this logic or reasoning is that it doesn't go very well with what every sane Bitcoin holder, trader or user feels. Deep inside almost everyone understands that Bitcoin is very far from gold (in respect to its intrinsic value), that it is basically a virtual asset which is worth essentially nothing, that most of its value comes from outright speculation and profiteering. That feeling is the primary driver for panic selling and intense volatility, and you won't be able to get rid of it even if Bitcoin always rebounds after a crash and makes a new ATH in the end
The same situation is with paper money wich is worth essentially nothing but you do not go to a restaurant for example and you pay with gold but instead you pay with cash or with card because it's more practical, in the other hand, there is no one-to-one relationship between virtual asset and the gold for example, so it sounds curious and contradictory but 1 ounce of gold is very far from 1BTC and there already the balance is completely changed, for purposes of trade and transactions BTC looks like much more appropriate that gold is, and in his moment who paid attention in the past  in the gold years ago will surely have benefited or simply cost him/she less than  would have had to pay today and this meant a saving, in that sense the price plays an important factor.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
I think Bitcoin price would not fall to 1000$ as Bitcoin is seen as an investment by many and a lot of people have already invested in bitcoin.

Well it won't be falling anymore even there will be another correction or crash/dump to happen. Everyone wants to see a correction as it will give everyone to have a lot of chance to buy at lower price. But with a lot of people and newly informed investors that are seeing this great crypto currency, they will make the price up again.
Now a days, the users are smarter than before so if they will see a dump or dips then they will immediately buy and hold so there is no chance for the price to get lower than $1,000 per 1 bitcoin and i think the price will just continue up to $3,000 and be stable to that and i think it is coming after the events this year like the forks and more.
newbie
Activity: 22
Merit: 0
i tend to agree with batang, I've noticed recently there has been a ratchet effect happening. there will be a spike, then a drop, then it will correct about halfway in between prior and post spike and level there for a bit before another spike. i agree that we will never see 1000 again in a long time and only if there is a fundamental issue in the technology. 
hero member
Activity: 3080
Merit: 603
I think Bitcoin price would not fall to 1000$ as Bitcoin is seen as an investment by many and a lot of people have already invested in bitcoin.

Well it won't be falling anymore even there will be another correction or crash/dump to happen. Everyone wants to see a correction as it will give everyone to have a lot of chance to buy at lower price. But with a lot of people and newly informed investors that are seeing this great crypto currency, they will make the price up again.
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