Will we ever see bitcoin lower than 1000$? - page 37.

xFiber

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Quote from: gabmen on June 05, 2017, 05:18:39 AM

Quote from: Sir Legend on June 05, 2017, 04:39:58 AM

Quote from: xFiber on June 05, 2017, 01:49:03 AM

If there will come a huge correction I don't think it will drop to $1000 just yet. I think it will be around $1500 and we'll see from there.

I think it's hard to drop $1,000 or $1,500, this is because many big companies released new coins and deposit them with the bitcoin. Probably lowest price around $2.000 and never the less.

I agree. Btc's already gone a long way from last year and that got the attention of big players and even other countries to adopt it. It's far-fetched that it can go down that low at this point unless something drastic happens like if ww3 breaks.

We'll that depends. The fact that a lot of big players have joined the game doesn't mean they don't want to cash out. Bitcoin is steadily approaching 3000$ right now. I don't want it to happen but 1500$ isn't an impossibility if the big players decide to cash out.

Blamsud

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Quote from: Polar91 on June 06, 2017, 07:12:58 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?

It depends on the current status of bitcoin's market. There is no certain market movement. Everything just relies on its holders/users. Therefore, if there is negative news regarding bitcoin, this ccould result extreme volitality for its price.

Now that many countries planning to implement btc so defunitely ita value wilk not lower in $1000.

Polar91

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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?

It depends on the current status of bitcoin's market. There is no certain market movement. Everything just relies on its holders/users. Therefore, if there is negative news regarding bitcoin, this ccould result extreme volitality for its price.

azguard

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Quote from: Reid on June 06, 2017, 01:19:48 AM

That would be a big problem for many investors if a sudden drop will come.
We mighy lose support and we as low amount holders will be the one who is surely affected.
There will be panics and might come to think they should sell just to prevent the zero ROI.
But that will be a long fight before it goes back to that price.

That wont be the case, not really. It will go down, but it wont be under 1000 any more or anytime. We are in one of the best years in bitcoin and for other coins as well, most got good price and this is good more investors are involved, meaning we will not see any downfall price at least not anytime soon.

Bottom price may be 1500 for one bitcoin by me, but think that will be very low chances of happening.

Reid

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That would be a big problem for many investors if a sudden drop will come.
We mighy lose support and we as low amount holders will be the one who is surely affected.
There will be panics and might come to think they should sell just to prevent the zero ROI.
But that will be a long fight before it goes back to that price.

Ralex999

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As you see, a long time went into growth bitcoin?

BitcoinPanther

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No matter how much we dream of buying Bitcoin at less than $1000, the time for 3 digit Bitcoin had already passed, Bitcoin is now moving forward to 5 digits price so it would be better to buy them now and forget about the dreams of buying it at 3 digits because these dreams might turn into a nightmare if you fail to buy Bitcoin at 4 digits and Bitcoin reach that 5 digit price.

anks

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LSK, QTUM

maybe in the late future when bitcoin is completely out.
(1000 years, 100 years, 10 years) Grin

Hutalar

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Quote from: xFiber on June 05, 2017, 01:49:03 AM

If there will come a huge correction I don't think it will drop to $1000 just yet. I think it will be around $1500 and we'll see from there.

Now the price of bitcoin again started to increase and I hope that it will increase to more than $3500 in this month or till the next month so even if the correction will occur still we do not need to think that it will be ever less than $2000.

deisik

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Quote from: Dudeperfect on June 05, 2017, 08:19:18 AM

Quote from: deisik on June 05, 2017, 06:32:27 AM

Quote from: Dudeperfect on June 05, 2017, 05:33:48 AM

We are on the same page, even I agree that in worst case bitcoin will hit the range between $1400 to $1800 but I don't see any possible reason for the bitcoin to fall until $1K mark. I believe that in the year 2017, we are going to experience price volatility and there will be many entry and exit opportunities for those who are waiting for it. However, waiting for $1K mark is not a wise option in my opinion

In real life anything can happen

In 2013 people might have thought exactly like that, i.e. that price won't crash say below 500 dollars per coin, but ultimately it crashed even lower than 200 dollars. This doesn't mean that a possible Bitcoin crash will be due to the same reasons as it happened in 2014 (right now this is next to impossible), I just want to say that there may be quite a few other reasons which could potentially make Bitcoin crash very low. After all, Black Swans are a reality, not just Nassim Taleb's sick imagination

I respect your opinion and agree that anything can happen in reality but I don't see any reason for bitcoin to fall below $1K considering the market situation, people's opinion & past performance. Theoretically bitcoin can even reach $1 but there should be any concrete reason behind it i.e - Satoshi reveals himself with the valid proof and says there is a major flaw in the code and there is a possibility of hacking the bitcoin network. (Yes, there is a possibility) but do I see anything happening in next 10 years? NO

This is certainly not about market situation and sentiment

If it were only that, I would most likely agree that there is very little chance for Bitcoin to drop below 1,000 dollars per coin due to internal causes (e.g. some people fixing profits and thus driving the price down somewhat). I'm talking about external dramatic events which may be not very likely over a small enough timescale, but they are still a possibility in the long run (if not to say a certainty). I don't know what it could be, otherwise (as per Taleb) it wouldn't be a Black Swan event. So it is not so much my opinion as such, but rather the harsh reality where shit sometimes hits the fan in the end

Himanshu111

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I don't think that Bitcoin will fall to such low rates now after showing tremendous amount of grow tv n past two years or so, its price should ride only according to me. The rate of growth maybe slow but price will only ride in a few years.

Termin4tor

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It can be possible due to the volatility of bitcoin but its still highly unlikely. Bitcoin has reached a stage were its legalized in many countries and is being accepted by many people on a daily basis. As the price increasing everyday I don't see a valid reason why the price should drop below 1000$ unless china blocks the withdrawal function on their exchanges or a major hack occurs on some exchange Tongue

kpcian

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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...

WallSinger

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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 think is very unlikely to see again 600 $ or 1000 $ , only a big external event could cause such a collapse. After the halving of July 2016, the costs of production for 1 BTC are 700/800 $. So miners don't have interest to sell BTC<1000 $

Blamsud

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Quote from: Dudeperfect on June 05, 2017, 08:19:18 AM

Quote from: deisik on June 05, 2017, 06:32:27 AM

Quote from: Dudeperfect on June 05, 2017, 05:33:48 AM

We are on the same page, even I agree that in worst case bitcoin will hit the range between $1400 to $1800 but I don't see any possible reason for the bitcoin to fall until $1K mark. I believe that in the year 2017, we are going to experience price volatility and there will be many entry and exit opportunities for those who are waiting for it. However, waiting for $1K mark is not a wise option in my opinion

In real life anything can happen

In 2013 people might have thought exactly like that, i.e. that price won't crash say below 500 dollars per coin, but ultimately it crashed even lower than 200 dollars. This doesn't mean that a possible Bitcoin crash will be due to the same reasons as it happened in 2014 (right now this is next to impossible), I just want to say that there may be quite a few other reasons which could potentially make Bitcoin crash very low. After all, Black Swans are a reality, not just Nassim Taleb's sick imagination

I respect your opinion and agree that anything can happen in reality but I don't see any reason for bitcoin to fall below $1K considering the market situation, people's opinion & past performance. Theoretically bitcoin can even reach $1 but there should be any concrete reason behind it i.e - Satoshi reveals himself with the valid proof and says there is a major flaw in the code and there is a possibility of hacking the bitcoin network. (Yes, there is a possibility) but do I see anything happening in next 10 years? NO.

I hope too its not , since Im really saving it for future growth.

Dudeperfect

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Quote from: deisik on June 05, 2017, 06:32:27 AM

Quote from: Dudeperfect on June 05, 2017, 05:33:48 AM

We are on the same page, even I agree that in worst case bitcoin will hit the range between $1400 to $1800 but I don't see any possible reason for the bitcoin to fall until $1K mark. I believe that in the year 2017, we are going to experience price volatility and there will be many entry and exit opportunities for those who are waiting for it. However, waiting for $1K mark is not a wise option in my opinion

In real life anything can happen

In 2013 people might have thought exactly like that, i.e. that price won't crash say below 500 dollars per coin, but ultimately it crashed even lower than 200 dollars. This doesn't mean that a possible Bitcoin crash will be due to the same reasons as it happened in 2014 (right now this is next to impossible), I just want to say that there may be quite a few other reasons which could potentially make Bitcoin crash very low. After all, Black Swans are a reality, not just Nassim Taleb's sick imagination

I respect your opinion and agree that anything can happen in reality but I don't see any reason for bitcoin to fall below $1K considering the market situation, people's opinion & past performance. Theoretically bitcoin can even reach $1 but there should be any concrete reason behind it i.e - Satoshi reveals himself with the valid proof and says there is a major flaw in the code and there is a possibility of hacking the bitcoin network. (Yes, there is a possibility) but do I see anything happening in next 10 years? NO.

deisik

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Quote from: Dudeperfect on June 05, 2017, 05:33:48 AM

We are on the same page, even I agree that in worst case bitcoin will hit the range between $1400 to $1800 but I don't see any possible reason for the bitcoin to fall until $1K mark. I believe that in the year 2017, we are going to experience price volatility and there will be many entry and exit opportunities for those who are waiting for it. However, waiting for $1K mark is not a wise option in my opinion

In real life anything can happen

In 2013 people might have thought exactly like that, i.e. that price won't crash say below 500 dollars per coin, but ultimately it crashed even lower than 200 dollars. This doesn't mean that a possible Bitcoin crash will be due to the same reasons as it happened in 2014 (right now this is next to impossible), I just want to say that there may be quite a few other reasons which could potentially make Bitcoin crash very low. After all, Black Swans are a reality, not just Nassim Taleb's sick imagination

Text

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I think we can no longer see bitcoin price lower than 1,000 usd again because the movement is upward, it may fall sometimes but just a little bit and will continue to rise again. Still there are many possibilities can happen and we are not prepare for them, let's just take the ride and enjoy the moment having it.

Dudeperfect

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We are on the same page, even I agree that in worst case bitcoin will hit the range between $1400 to $1800 but I don't see any possible reason for the bitcoin to fall until $1K mark. I believe that in the year 2017, we are going to experience price volatility and there will be many entry and exit opportunities for those who are waiting for it. However, waiting for $1K mark is not a wise option in my opinion.

gabmen

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Quote from: Sir Legend on June 05, 2017, 04:39:58 AM

Quote from: xFiber on June 05, 2017, 01:49:03 AM

If there will come a huge correction I don't think it will drop to $1000 just yet. I think it will be around $1500 and we'll see from there.

I think it's hard to drop $1,000 or $1,500, this is because many big companies released new coins and deposit them with the bitcoin. Probably lowest price around $2.000 and never the less.

I agree. Btc's already gone a long way from last year and that got the attention of big players and even other countries to adopt it. It's far-fetched that it can go down that low at this point unless something drastic happens like if ww3 breaks.

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