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Topic: Will we ever see bitcoin lower than 1000$? - page 31. (Read 37888 times)

sr. member
Activity: 1540
Merit: 420
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Maybe yes, no one knows what will happen next. It will only depend on what will happen in the future. I think it will decrease to $1000 if another bad events will happen that will impact on the bitcoin economy.
full member
Activity: 224
Merit: 100
I don't think it'll ever go lower than 1000$. 2000$ seems to be the new lower cap.
hero member
Activity: 3080
Merit: 603
When enter april 2017 bitcoin rise up after that bitcoin ever down the price lower than 1000$. Now the price of bitcoin is so stable and its great to all holders of bitcoin i know that big holders got millionaire from there profit.
For sure many are already millionaires from holding their bitcoins. And thats why the price is quite calm now and I'm sure there will be another increase soon once the price started to move. Many profit takers will finally sell their coins but again they will buy at dip, a normal movement of btc's price.
hero member
Activity: 924
Merit: 505
When enter april 2017 bitcoin rise up after that bitcoin ever down the price lower than 1000$. Now the price of bitcoin is so stable and its great to all holders of bitcoin i know that big holders got millionaire from there profit.
legendary
Activity: 1092
Merit: 1000
the only way to see BTC go that low would be another MtGox event  Grin

Don't jinx it. We've got a good thing going right now. Cheesy

Drops in currency market values are relative to how bad something is, is going to be or is projected to be. And the higher the value, it's teasing $3,000 right now, the worse something has to be in order to have a negative effect so bad that it drops the value that much.

Sub $1,000 days are over IMO.

The great depression wasn't due to any specific event and its not impossible for a panic to start after a relatively large sellout or drop in price.

I don't actually think that will happen but just pointing out its a possibility and one that increases the faster bitcoin rises in value. Remember the great depression came about because people didn't think stocks at the time could go down and its a similar story now with bitcoin.

We can not believe this cryptocurrency blindly. Now the market is good, and all over the world, the bitcoin users are increasing day by day. So the price is also increasing. But we can not say 100% that the price never goes lower $1000. Here anything can happen. Digital currencies are like this they are unpredictable. So this is the right time to make money just make it don't think about future.
full member
Activity: 182
Merit: 106
the only way to see BTC go that low would be another MtGox event  Grin

Don't jinx it. We've got a good thing going right now. Cheesy

Drops in currency market values are relative to how bad something is, is going to be or is projected to be. And the higher the value, it's teasing $3,000 right now, the worse something has to be in order to have a negative effect so bad that it drops the value that much.

Sub $1,000 days are over IMO.

The great depression wasn't due to any specific event and its not impossible for a panic to start after a relatively large sellout or drop in price.

I don't actually think that will happen but just pointing out its a possibility and one that increases the faster bitcoin rises in value. Remember the great depression came about because people didn't think stocks at the time could go down and its a similar story now with bitcoin.
newbie
Activity: 70
Merit: 0
the only way to see BTC go that low would be another MtGox event  Grin

Don't jinx it. We've got a good thing going right now. Cheesy

Drops in currency market values are relative to how bad something is, is going to be or is projected to be. And the higher the value, it's teasing $3,000 right now, the worse something has to be in order to have a negative effect so bad that it drops the value that much.

Sub $1,000 days are over IMO.
sr. member
Activity: 434
Merit: 250
It seems very difficult to happen considering current bitcoin has been very popular with its acceptable presence by big country. And there's even possibility bitcoin prices will continue to rise at least until next year. Many people see positive side and ability bitcoin in protecting wealth value from inflation like nature of gold.
You are right, I don't think that bitcoin can fall again to 1000$ because there is a lot of people enrolled bitcoin community each days. It's a large community. So by this increase of user automatically bitcoin price rise.
legendary
Activity: 3514
Merit: 1280
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I think it is very difficult even impossible to get the price of the bitcoin $1000, this is because the user bitcoin increasing and they think that prices this year could reach more than $5000.
It will happen when bitcoin is about to die, for these decades bitcoin prices will not drop to $ 1000 because bitcoin growth will make bitcoin prices continue to rise. We will not see the $ 1000 price again


I also don't want these from happening, bitcoin is reaching slowly the $3000 wall and might break that wall, though, there are some investors having second thoughts about the network splitting making the price really an unpredictable price. On the worst case scenario, we might see below $1000 price these August.
Bitcoin needs to fix it main problems about the fee and the transaction time or it will be abandoned by investors. People will not use a form of payment which requires a very very high fee. It is totally ridiculous. Bitcoin will be dead in 5 more years if segwit can not be activated and 2mb can not be seen

Bitcoin is nowhere near being a means of payment so far

Basically, it is a financial pyramid but since it is tiny yet (i.e. not many people have invested in it), it can expand for very long time (say, years if not decades). Regarding fees, many people (me included) have already pointed it out that fees are mostly irrelevant since Bitcoin is not used as a means of payment. Its use is limited to being a speculative asset, and bitcoins which are in circulation today and not stashed away are being traded for the most part, i.e. they don't leave exchanges
sr. member
Activity: 616
Merit: 250
It seems very difficult to happen considering current bitcoin has been very popular with its acceptable presence by big country. And there's even possibility bitcoin prices will continue to rise at least until next year. Many people see positive side and ability bitcoin in protecting wealth value from inflation like nature of gold.
sr. member
Activity: 518
Merit: 250
I think no, because now bitcoin were large value. I think below $1,000 was nothing happen again maybe in the future their value were increase again. Hopefully that bitcoin had been stable or increasing trends.
Yeah, maybe next bearkdown around ~1000-1500$, because user Bitcoin now have more knowledge than past time, we will see panic seller when the price hit new highest and breakdown after whale take profit
sr. member
Activity: 1092
Merit: 256
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I think in this current state at the market of bitcoins i see nothing possible that bitcoins will be back at the $1000 mark,its impossible right now it think base on the buy supports that is on bitcoin i think bringing back to $1000 mark is impossible
Looking the current market and the capital volume it's true not gonna happen anymore. We're far away from the $1000, so we won't fall that low anymore. Our next price increase could happen soon as more corporates and Countries have started legalizing the usage of bitcoin.
sr. member
Activity: 560
Merit: 257
I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Because it all depends on the investor to continue investing or not. It means if all investors go and migrate from bitcoin to other commodities, of course bitcoin will die right? Means the possibility of bitcoin is dead, there must be
Yes that could happen, but for now it is less likely. I mean, day by day more and more people use bitcoin, it is not yet for day to day basic things, but still it is rising. When you say investors, i think you mean all people who use bitcoins right? Because if people stop using bitcoin, and stop buying things with it, in that moment bitcoin will be worthless and will die.
full member
Activity: 294
Merit: 100
I doubt that I will be able to see how bitcoin dropped to 1000, maybe my children will see it Grin
hero member
Activity: 1190
Merit: 500
I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Because it all depends on the investor to continue investing or not. It means if all investors go and migrate from bitcoin to other commodities, of course bitcoin will die right? Means the possibility of bitcoin is dead, there must be
hero member
Activity: 676
Merit: 500
I think no, because now bitcoin were large value. I think below $1,000 was nothing happen again maybe in the future their value were increase again. Hopefully that bitcoin had been stable or increasing trends.

We saw one spectacular fall in 2014, when BTC went from 1300$ to 400. Last spike reminds the one from 2013/2014 - it was not stable rise, but looks like another bubble. I am seriously thinking about selling everything and waiting for crash.
sr. member
Activity: 272
Merit: 250
I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
I think the possibility of a dead bitcoin will continue to exist as well as the bitcoin price will go back below $ 1000. All those possibilities must exist. But I'm not sure it will happen in the near future or in this decade
hero member
Activity: 630
Merit: 500
I think no, because now bitcoin were large value. I think below $1,000 was nothing happen again maybe in the future their value were increase again. Hopefully that bitcoin had been stable or increasing trends.
hero member
Activity: 812
Merit: 500
Bitcoin is already a wide known payment option all around the world,that is why it will never go back to that price again. Ive read some good news about bitcoin that the price of it will continue to rise till 2030.
hero member
Activity: 1246
Merit: 529
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I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Yeah as long as investors or users continue to use bitcoin then bitcoin will never die. And you know the number of investors or bitcoin users today is steadily rising day by day. So I thought it would be impossible for the bitcoin price to drop to $ 1000 or will be dead


Even in the presence of bitcoin can emerge a new krypto just as investors or entrepreneurs start to glance into this digital currency so as to make other types of crypto to rival market prices and bitcoin remains the parent of all krypto, Then I say this even though bitcoin prices go up but that does not make bitcoin to die.

That's a big possibility dude that once btc goes mainstream, a lot of big companies or businesses would try to come up wih somehing to.rival btc intending to earn from it's success. Though i doubt thay anything like that can dent btc's rise and i agree that going below 1k would be quite hard already
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