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Topic: Will we ever see bitcoin lower than 1000$? - page 27. (Read 37888 times)

staff
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It would be quite difficult for bitcoin price to drop lower than $1000 USD at the moment, it might happen unless there are continuous of bad news regarding bitcoin in a row, or maybe a sudden huge influx of users switching to the usage of altcoins, but I don't really think that would happen at least for this period of time.
sr. member
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I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising.

I dont think it will ever go below 1000 but I also don't think it will be dead if that happens. Haven't you seen the counter that counts the number of times bitcoin has been declared dead? The simple fact is its here to stay forever.
All that is just speculation, people only predict and it is not necessarily the case. So that's why until now bitcoin is still alive even growing rapidly. Because all that is just speculation. I think the price will keep going up and not back down


Yeah, what the users make is the speculations. The reality can be experienced only when the price variation happens. Pat few days after a big price jump now price has started to decrease. So the same affect the price, based on which I think anything could happen.
hero member
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Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?

A fall can definitely happen anytime. But I'm thinking about a crash to about $2000 or $1800 only. It would be too much of a disaster for Bitcoin to fall to something lower than $1000. I'm not saying it's impossible though, it's definitely possible. Anything can happen at this point.

I'm actually expecting a crash nextmonth (end of July) because of the possible split between Bitcoin Unlimited and Bitcoin Core. But I expect it to come back to a rise immediately after a few weeks of months.
Many of the people were expecting a fall in the end of July like you I was personally expecting it because who knows what will happen on 1st of August. Anyway this price fall can be a part of that but it is a premature fall. Like you I am also not expecting the price of the Bitcoin to go down $1000 it will not fall more than $2000 I guess.
sr. member
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We will not see that fall. Now those who accept such a depreciation of bitcoin buying up the cheap coins and the price will go up dramatically. Maybe she'll even climb higher than 3000. Now there are no prerequisites for the fall.
hero member
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I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising.

I dont think it will ever go below 1000 but I also don't think it will be dead if that happens. Haven't you seen the counter that counts the number of times bitcoin has been declared dead? The simple fact is its here to stay forever.
All that is just speculation, people only predict and it is not necessarily the case. So that's why until now bitcoin is still alive even growing rapidly. Because all that is just speculation. I think the price will keep going up and not back down

legendary
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From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...


As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
I believe it's possible to fall that low value but I am not thinking of it anymore, It's enough for me to know the possibilities but I am more optimistic of the price increase because I believe if we are positive the vibes will get in and it will happen. Now, going back to being realistic, the current market of bitcoin is not telling that the price will dump in any given time, that is of course the exemption if there is a big bad news that will occur.
Due to halving and the acceptance of some countries by officially recognise bitcoin as a legal tender? There's no way bitcoin could drop that low unless something unexpected which is pretty bad happens to bitcoin.
Bitcoin's halving always occurs periodically and demands always increase by the time, it means that Bitcoin has a really high chance to have higher value more than the current price

No country has accepted Bitcoin as legal tender so far

Accepting it as legal tender would mean being able to pay taxes with it, and no government would go for that given they already have their own currency for paying taxes (at least, not in the foreseeable future). Apart from that, neither this nor something else of that kind would prevent Bitcoin from a collapse if that should come about for real. For example, the chain split so much talked about could easily drive the prices well below 1,000 dollars
hmm, why do you think so? For example when BitFury was building largest datacenter in Georgia, goverment liked this fact very much and as one of them said, bitcoin is the currency of future and building largest datacenter will help country to be known for many people.
Bitcoin is very changeable in price so no one accept it without converting in $ or other currency, so almost every business converts it and in this moment bank takes fees and they pay some % of this fee to goverment

As you likely know, talk is cheap

And when government starts talking about something, it is twice as cheap. In fact, it is virtually worthless. Today they can say one thing, tomorrow they will say the opposite and claim at that they didn't say what they actually said yesterday (think 1984 here). As I said, so far no country has accepted Bitcoin as legal tender, this is a simple fact of life. When some country officially declares Bitcoin as a "legal payment for all public debts, fees, and duties", then we may talk about that but not earlier than that
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From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...


As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
I believe it's possible to fall that low value but I am not thinking of it anymore, It's enough for me to know the possibilities but I am more optimistic of the price increase because I believe if we are positive the vibes will get in and it will happen. Now, going back to being realistic, the current market of bitcoin is not telling that the price will dump in any given time, that is of course the exemption if there is a big bad news that will occur.
Due to halving and the acceptance of some countries by officially recognise bitcoin as a legal tender? There's no way bitcoin could drop that low unless something unexpected which is pretty bad happens to bitcoin.
Bitcoin's halving always occurs periodically and demands always increase by the time, it means that Bitcoin has a really high chance to have higher value more than the current price

No country has accepted Bitcoin as legal tender so far

Accepting it as legal tender would mean being able to pay taxes with it, and no government would go for that given they already have their own currency for paying taxes (at least, not in the foreseeable future). Apart from that, neither this nor something else of that kind would prevent Bitcoin from a collapse if that should come about for real. For example, the chain split so much talked about could easily drive the prices well below 1,000 dollars
hmm, why do you think so? For example when BitFury was building largest datacenter in Georgia, goverment liked this fact very much and as one of them said, bitcoin is the currency of future and building largest datacenter will help country to be known for many people.
Bitcoin is very changeable in price so no one accept it without converting in $ or other currency, so almost every business converts it and in this moment bank takes fees and they pay some % of this fee to goverment.
legendary
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I don't think that Bitcoin will go lower than one thousand dollars. It may grow at a slower pace, if other Altcoins like Ethereum and Stratis take up more and more of the marketcap but I think way too many huge whales are invested in it now and there is a lot of infrastructure around Bitcoin now for a few more years that ensures it's survival for a while yet. I still believe the price will grow but at a slower rate than some other emerging digital currencies that are competing for prime time space in the crypto currency world.
hero member
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I don't think we will see <1000 again. With the growth this year, i think the lowest is about $1500 of bitcoin somehow crash and the price will move from there.

I will believe that we will not be seeing bitcoin's price anymore at $1,000. We will be able to see it but now higher $2k.

Just like what happened for this week, the price of bitcoin suddenly at dip and everyone is still believing that it will rise again.

With this type of situation many are taking the advantage to buy more.
legendary
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I dont think that Btc will drop below $1000, many people already invest in bitcoin. I believe it will going high up above $3000 this year. So I invest and HODL bitcoin, and observing this market though.
Most users have predicted that the price won't go down to $1000, but none has given a strong reason and it shows the positive impact that bitcoin has generated over the users. I don't know how things gonna happen, because everything with bitcoin happens in no time without prior indication. I too hope for a upward move and the rest is on the technology.
I think there's a reason for that, even though they do not say directly. We can see how strong the price is above $ 2000 and I'm pretty sure before the price falls below $ 1000 already a lot of bitcoin user will buy bitcoin because they believe there will always be a pump after dump.
It will definitely repeat the same trend again and only those who believe will make money actively. Being a day trader
is really profitable due to the fact that the nature of bitcoin and other crypto currencies are volatile, it will always stay that way I guess.
legendary
Activity: 3318
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I dont think that Btc will drop below $1000, many people already invest in bitcoin. I believe it will going high up above $3000 this year. So I invest and HODL bitcoin, and observing this market though.
Most users have predicted that the price won't go down to $1000, but none has given a strong reason and it shows the positive impact that bitcoin has generated over the users. I don't know how things gonna happen, because everything with bitcoin happens in no time without prior indication. I too hope for a upward move and the rest is on the technology.
I think there's a reason for that, even though they do not say directly. We can see how strong the price is above $ 2000 and I'm pretty sure before the price falls below $ 1000 already a lot of bitcoin user will buy bitcoin because they believe there will always be a pump after dump.

Yes, there is a possibility that will happen though we are not really sure.
$1000 may be too low for those early adapters but still for those who have stayed here for a long that is still way up.
A big buy after a big fall, hope that happens and we wil not lose the way of thinking that bitcoin can still go back up.
legendary
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I dont think that Btc will drop below $1000, many people already invest in bitcoin. I believe it will going high up above $3000 this year. So I invest and HODL bitcoin, and observing this market though.
Most users have predicted that the price won't go down to $1000, but none has given a strong reason and it shows the positive impact that bitcoin has generated over the users. I don't know how things gonna happen, because everything with bitcoin happens in no time without prior indication. I too hope for a upward move and the rest is on the technology.
I think there's a reason for that, even though they do not say directly. We can see how strong the price is above $ 2000 and I'm pretty sure before the price falls below $ 1000 already a lot of bitcoin user will buy bitcoin because they believe there will always be a pump after dump.
legendary
Activity: 1456
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I dont think that Btc will drop below $1000, many people already invest in bitcoin. I believe it will going high up above $3000 this year. So I invest and HODL bitcoin, and observing this market though.
Most users have predicted that the price won't go down to $1000, but none has given a strong reason and it shows the positive impact that bitcoin has generated over the users. I don't know how things gonna happen, because everything with bitcoin happens in no time without prior indication. I too hope for a upward move and the rest is on the technology.
Yes many professionals predict the price will not go lower than $1000. The reason is now the bitcoin registered it has one major currency in people mind. So so many people are invested and now also investing in bitcoins. If suddenly it drops means it will lose its reputation. And the bitcoin technology is also becoming strong in the market. So I hope it will not go lower $1k.
hero member
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I dont think that Btc will drop below $1000, many people already invest in bitcoin. I believe it will going high up above $3000 this year. So I invest and HODL bitcoin, and observing this market though.
Most users have predicted that the price won't go down to $1000, but none has given a strong reason and it shows the positive impact that bitcoin has generated over the users. I don't know how things gonna happen, because everything with bitcoin happens in no time without prior indication. I too hope for a upward move and the rest is on the technology.
sr. member
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I don't think we will see <1000 again. With the growth this year, i think the lowest is about $1500 of bitcoin somehow crash and the price will move from there.
sr. member
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Yes, it looks like $1000 per bitcoin just past the past. As if never will happen now. Bitcoin very popular and has many investors who go in it, many people who enjoy the benefits that exist in bitcoin.
legendary
Activity: 3514
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From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...


As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
I believe it's possible to fall that low value but I am not thinking of it anymore, It's enough for me to know the possibilities but I am more optimistic of the price increase because I believe if we are positive the vibes will get in and it will happen. Now, going back to being realistic, the current market of bitcoin is not telling that the price will dump in any given time, that is of course the exemption if there is a big bad news that will occur.
Due to halving and the acceptance of some countries by officially recognise bitcoin as a legal tender? There's no way bitcoin could drop that low unless something unexpected which is pretty bad happens to bitcoin.
Bitcoin's halving always occurs periodically and demands always increase by the time, it means that Bitcoin has a really high chance to have higher value more than the current price

No country has accepted Bitcoin as legal tender so far

Accepting it as legal tender would mean being able to pay taxes with it, and no government would go for that given they already have their own currency for paying taxes (at least, not in the foreseeable future). Apart from that, neither this nor something else of that kind would prevent Bitcoin from a collapse if that should come about for real. For example, the chain split so much talked about could easily drive the prices well below 1,000 dollars
hero member
Activity: 1582
Merit: 523
I dont think that Btc will drop below $1000, many people already invest in bitcoin. I believe it will going high up above $3000 this year. So I invest and HODL bitcoin, and observing this market though.
hero member
Activity: 1246
Merit: 588
Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?

That is really possilbe that depends on how things would work. It may happen but with the current situation it is on the least part because it seems that bitcoin price is becoming more comfortable of its current price and slowly rising
sr. member
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I think so, because as of now bitcoin were started to going down, I just think if the bitcoin were straighten​ going down or fighting to raised up again. Hopefully bitcoin were sustain their $1000 value in the market.
It’s possible for Bitcoin to drop down to a value like $990 without any stops because people will panic if that happens. I feel that the people that purchase Bitcoin around them will have a tough time doing so because there will be a bunch of people trying to purchase it at that price as well.
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