Will we ever see bitcoin lower than 1000$? - page 33.

Barbut

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Quote from: azguard on June 10, 2017, 04:36:16 AM

Maybe hardest thing to happen right now is for bitcoin to go under 1000$. Believe that new low will be around 1200-1300$ if ever come to be but dont think we will ever go under 4 digits price again. For that to happen there have to be some very bad things but for now we can only enjoy the rise.

Price is pretty stable on this price now, and that is making all of us here very optimistic about bitcoin future. Every drop is a bad thing, no matter how small or big it is, but that is economy fluctuations, we can't do much about it. I agree that we will not see 3 digits price any time soon, chances for that are less then 1%. I will not give any predictions about future drops, I will wait and when it happen we will see, maybe we will not even see a drop in some near future, I know that is very hard to happen but with bitcoin everything is possible, right?

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Quote from: fikihafana on June 10, 2017, 12:52:31 AM

Some reason that will make bitcoin lower than $1000
1. Critical security issue, in bitcoin engine.
2. Bigexchange get hack
3. Many country banned bitcoin and stop their btc adoption

Nothing of that is likely going to crash Bitcoin that low

First, there is no "bitcoin engine", so there cannot be security vulnerabilities or bugs in the sense you mean it. Though the cryptography behind Bitcoin can still be cracked (at least, theoretically), and that's probably the only genuine cause for Bitcoin irreversible collapse and imminent death. Further, when Bitfinex had been hacked almost a year ago, the price went down only a dozen percent and it quickly rebounded soon thereafter (in just about a month or so). And last (and as usually not least), it is next to impossible for major countries to ban Bitcoin right now after it has been around for so many years. Governments will have hard time explaining this ban. That said, Bitcoin may still crash as low as below 1,000 dollars per coin, but it will be rather due to internal causes like the coming chain split

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Maybe hardest thing to happen right now is for bitcoin to go under 1000$. Believe that new low will be around 1200-1300$ if ever come to be but dont think we will ever go under 4 digits price again. For that to happen there have to be some very bad things but for now we can only enjoy the rise.

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Too hard to happen. Too many people involved with investments. Plus even if correction happens, might come down around 1800 or so, not below 1000.

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Quote from: mharz on June 10, 2017, 01:33:00 AM

I don't think so because their price were continues raising up until now. How possible to going down their price, I think their pice were reach $5000 before 2017 end.

Yes you are right that the price of bitcoin is going very well and it is not the bump for any good point of the future but it is a real rise of the price because of the increase of the users of bitcoin as Japan has approved it as a legit currency. So the price will continue to rise.

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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.

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Quote from: mharz on June 10, 2017, 01:33:00 AM

I don't think so because their price were continues raising up until now. How possible to going down their price, I think their pice were reach $5000 before 2017 end.

If you remember, in 2013 year, bitcoin went from $200 on 3 November to $1000 on 28 November, it's 5x rice but it fell to around $400 in April 2014 . Now we got nearly more than 4x rice (from 600$). I have also hope that it will continue rise but I am a little bit afraid that maybe we can see crash but despite everything, now I think we won't see bitcoin under 1000$.

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I don't think so because their price were continues raising up until now. How possible to going down their price, I think their pice were reach $5000 before 2017 end.

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Quote from: shield132 on May 25, 2017, 08:29:02 AM

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?

I don't see any reason foe bitcoin to fall below $1000 or even $600 since its market is becoming huge thus pullback of huge investors can be controlled as it's not enough to dump bitcoin below $1000 if we ever it happen so.

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Some reason that will make bitcoin lower than $1000
1. Critical security issue, in bitcoin engine.
2. Bigexchange get hack
3. Many country banned bitcoin and stop their btc adoption

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Quote from: 19Nov16 on June 09, 2017, 10:26:34 PM

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.

Of course it will be difficult to happen to see the development of bitcoin which shows a positive thing every day. The bitcoin price will not go back to $ 1000 because bitcoin has gone up to the next level right now

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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.

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I think the price value started moving when it was years ago not months when the price was still 600$ probably it was around 1-2 years then after that the price slowly turned to 900$ in 2015 in 2016 it it reached the 1000$ barrier many people thought that it was a bitcoin bubble, yes the price may have rollback for a bit but after that it continued it's bullish ran when india was a cashless country and tried to use bitcoin as a substitute for their demonetize currency then africa followed and people started investing in it as people view it as a currency that will save them from poverty and the recent country who joined bitcoin was japan this country turned bitcoin into it's next level and innovate further more. I guess if your waiting for the price to decrease it will not happened as bitcoin has graduated from volatility.

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Quote from: guoyu78 on June 09, 2017, 05:31:39 PM

Quote from: blckhawk on June 09, 2017, 10:14:59 AM

I guess we will never seen again the bitcoins price lower than 1500 usd because as the time passes by at the same tinme the price of bitcoin is continue growing and I think soon its price will became more expensive. And it will become enormous if few countries will legalize it just like Japan did.

i agree with you that bitcoin price will be never lower than 1500 dollar you are right that bitcoin increasing its price too much faster and we hope that many country will be adopt the bitcoin then i am sure bitcoin price will be rise more and more and then i hope bitcoin never drop its price.

Remember everthing is possible to happen in this bitcoin world. Even the price of bitcoin now is very high they have possible to decrease lower than $1500 if more people sell their bitcoin for that happen. But I hope it will not happen i hope the price will stable at $2000 plus so we can make a lot of rpfit. But the bitcoin decrease lower $2000 I will buy more so I have chance to make more profit.

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Quote from: blckhawk on June 09, 2017, 10:14:59 AM

I guess we will never seen again the bitcoins price lower than 1500 usd because as the time passes by at the same tinme the price of bitcoin is continue growing and I think soon its price will became more expensive. And it will become enormous if few countries will legalize it just like Japan did.

i agree with you that bitcoin price will be never lower than 1500 dollar you are right that bitcoin increasing its price too much faster and we hope that many country will be adopt the bitcoin then i am sure bitcoin price will be rise more and more and then i hope bitcoin never drop its price.

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Quote from: GG_monster on June 09, 2017, 06:35:39 AM

Quote from: shield132 on May 25, 2017, 08:29:02 AM

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?

In order for bitcoin to now fall below $ 1000, a big collapse must occur. And now there are only good prospects for growth, but not falling.

And that collapse is not going to occur in bitcoin because bitcoin is now going very well and the special point is that now a bigger technical country Japan has adopted bitcoin for their state now everyone believe that it is a best currency and now Japan government will also work for it to become the best one.

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Quote from: bhadz on June 09, 2017, 03:02:35 PM

Quote from: nightxglow on June 08, 2017, 08:16:33 AM

Quote from: bhadz on June 08, 2017, 07:58:13 AM

Quote from: Flodemaga on June 08, 2017, 07:15:52 AM

I dont believe we will anytime soon the bitcoin going lower 1500 dollars, soo for me the 1000 dollars has becamed a dream, something that i really doubt it will happen, the demand of bitcoin is growing, the legalization into Japan has made already a big impact over bitcoin.

It's possible and it's not. It's possible to become lower than $1,000 again when a lot of whales will take some profit at the same time. That will lead the supply of bitcoin to have many in the market and it's not possible. Since those whales are making the price higher they want it to stay at $2,000 and have new floor price.

Umm, no it's not possible. It need a massive whale to drive the price down until below $1000 and it's not like the demand for bitcoin is small. They will lose money if they try to drive the price that far. The only thing that can drive the price that far is bad news, maybe banned by all country.

We can't read the minds of those whales, they are doing crazy things suddenly. But as of now, the price is reaching a new floor and we are still not at the ceiling. With the bad news that can lead bitcoin to be banned in some countries but I doubt it will happen as there are some initiative from other countries adoption of bitcoin and declaration it as currency.

Now bigger countries are going to involve in bitcoin and you can see the marketcap is increased very higher so I do not think that now whales will be able to manipulate the price that much if they will then they will manipulate a little. In actual the strength of bitcoin is now distributed and people can manipulate the price if they will stay with bitcoin then bitcoin will go for better.

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Quote from: nightxglow on June 08, 2017, 08:16:33 AM

Quote from: bhadz on June 08, 2017, 07:58:13 AM

Quote from: Flodemaga on June 08, 2017, 07:15:52 AM

I dont believe we will anytime soon the bitcoin going lower 1500 dollars, soo for me the 1000 dollars has becamed a dream, something that i really doubt it will happen, the demand of bitcoin is growing, the legalization into Japan has made already a big impact over bitcoin.

It's possible and it's not. It's possible to become lower than $1,000 again when a lot of whales will take some profit at the same time. That will lead the supply of bitcoin to have many in the market and it's not possible. Since those whales are making the price higher they want it to stay at $2,000 and have new floor price.

Umm, no it's not possible. It need a massive whale to drive the price down until below $1000 and it's not like the demand for bitcoin is small. They will lose money if they try to drive the price that far. The only thing that can drive the price that far is bad news, maybe banned by all country.

We can't read the minds of those whales, they are doing crazy things suddenly. But as of now, the price is reaching a new floor and we are still not at the ceiling. With the bad news that can lead bitcoin to be banned in some countries but I doubt it will happen as there are some initiative from other countries adoption of bitcoin and declaration it as currency.

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