Will we ever see bitcoin lower than 1000$? - page 44.

grim007

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Quote from: Slow death on May 30, 2017, 07:38:23 AM

Quote from: Lieldoryn on May 25, 2017, 11:27:16 AM

Quote from: kelseydustin on May 25, 2017, 11:22:10 AM

I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore

In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000.

Cross your fingers so this does not happen, if for some reason the price goes down to $1000 I will be lost, even if it goes down to $1700 I will be lost.

Let's spread positive energies.

A lot of users will be sad if ever happen so lets just hope to keep bitcoin value arise and don't think of possibility of falling it.

Slow death

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Quote from: Lieldoryn on May 25, 2017, 11:27:16 AM

Quote from: kelseydustin on May 25, 2017, 11:22:10 AM

I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore

In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000.

Cross your fingers so this does not happen, if for some reason the price goes down to $1000 I will be lost, even if it goes down to $1700 I will be lost.

Let's spread positive energies.

HatakeKakashi

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Quote from: sandor111 on May 29, 2017, 10:13:29 PM

$1000 price is history now and we will never see that price again as even if the price of bitcoin falls in coming days or months it won't go below $1500 for sure so if you are waiting to buy bitcoins at that price then you are surely wasting your time as that day will never come in future.

Remember we are in online world and theres no forever even the price of bitcoin its very high they have possible again that price of bitcoin will go down at $1000. The price of bitcoin as of now its $2500 and thats very high. I think this year bitcoin will not goes $1000 but possible to happen next year or the next next year . No one can knows when the exact date that the bitcoin price fall again and goes to $1000 but i hope the price will continue to increase.

ocid

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Actually if the initial bitcoin price of $ 600 up now high continues to decline it is the demand for market prices that sell a lot because of panic or they are worried will experience a fall more price then the market price is not always stable.

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Quote from: btc_angela on May 29, 2017, 12:35:16 PM

Quote from: h3nchm19 on May 29, 2017, 09:16:03 AM

IMO No, even if the price crashes, I think it will stabilize along the range of 1,200 USD or so, if we remember the previous spike, even when bitcoin fell, it was still a significantly larger price than it used to be ~$200-$300

I don't know where you get the $1200 price as stabilizing price, but I will disagree with that. That's too much dip and I don't know if bitcoin can go low with that price. Anyways, the $2200 price now looks like the new bearish price we are going to see. But knowing bitcoin volatility nature, we may see a uptrend or downtrend in the next couple of weeks.

It was likely me since I often reference that figure as a short-to-mid term base level of support

If it wasn't me, then there is still pretty solid evidence to think so. Bitcoin started its rally that is over by now from that level exactly (though some may argue that the rally is not over yet). Bitcoin had been long consolidating at and around 1,200 dollars per coin. At first, it had been a pretty strong resistance level to break above, later it became the starting point for further growth. So there is a rationale behind taking this mark as the lowest level where the price could be speculated down to. Indeed, it could fall below that but unless there are major news or events negatively affecting Bitcoin big time, this is unlikely

sandor111

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$1000 price is history now and we will never see that price again as even if the price of bitcoin falls in coming days or months it won't go below $1500 for sure so if you are waiting to buy bitcoins at that price then you are surely wasting your time as that day will never come in future.

naniutik

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Who knows the cutoff points of Bitcoin. Your gauge depends on past understanding yet anything could happen when we are discussing most unstable resource ever.

At present Bitcoin is enchanting venture for individuals so they are taking the plunge to a great extent. Be that as it may, assume numerous financial specialists choose to leave showcase if exhibit dump proceeds to $1500-1600. In that situation, it will be practically incapable for Bitcoin to rise again as it did a week ago in light of the fact that number of genuine adopters will diminish. Consequently inferable from hypothesis of rest of speculators, Bitcoin can go underneath $1000. In any case, plausibility is extremely pitiful.

carlerha

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Quote from: senyorito123 on May 29, 2017, 02:12:13 AM

Quote from: CODE200 on May 29, 2017, 02:03:04 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?

I think with the price and people who are supporting bitcoin the price fall below 2700usd is impossible because the people who are using bitcoin now is still growing that will be only possible if there's a 5digit holder of the bitcoin dump it's coin and after that I think the price will go up again.

Im still not convince for falling on that price since people are truly on the lose if they see some price falling down and some of those people are grabbing the oppurtunities to buy more bitcoins for staking and to earn for future pumps, And I don't See any bad fuds scattering right now so price would possibly pump later on these days for more.

i also think so that the price of bitcoin is trading in lowest price and the price of bitcoin is not expecting any future dump, now the price of bitcoin has to start raising again and hope that very soon the price of bitcoin will be trading about 3000 USD level. therefore to me i think it s still good time to invest n bitcoin and make some profit.

Biggapp

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Quote from: Taki on May 29, 2017, 06:46:08 AM

Quote from: klf on May 29, 2017, 12:28:19 AM

Quote from: jtipt on May 28, 2017, 10:32:49 PM

Quote from: Pattart on May 28, 2017, 03:03:54 AM

Quote from: kayeme on May 28, 2017, 01:37:22 AM

The days of sub 1000$ bitcoins are long gone and we will soon be talking about whether bitcoin will ever go below 2000$.

True, I think currently discussing about, is it bitcoin price could drop below $ 2000 or not. Because this is the next phase of bitcoin. Phase $ 1000 is long past

Yeah in current situation, $1000 is like the new $100. Unless some major event like mass dumping of BTC occurs only then we might see price dropping below $1000. Right now it looks like we might not even go below $2000.

I don't know much about whether it can reach to 1000 range but 2000 mark it may go down. To go down below 2000, just another 6% lower can bring prices below 2000 mark. It can easily happen with cryptocurrencies. But if one invested for a longer term then no need to worry much for these short term correction. Just keep holding it and you can make a good profit in the future.

For bitcoin everything is possible. We are, users, making it's price. Bitcoin was so close to 3000$ and now it's just in some steps to coming back on 2000$ level. I don't know what to expect from bitcoin really, I am not an expert. But I know the wave nature of bitcoin's price and I'm sure we will see 3000$ price this summer.

yes you are right that everything is possible as the bitcoin price always fluctuates but i think we will not see bitcoin less than 1000$ because the investors of bitcoin has increased and the price of bitcoin now in this year has been stable up to some extend and you are right that in the end of this year the price will be 3000$.

Snorek

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Quote from: Duzter on May 29, 2017, 09:33:12 AM

Price crashing is a common factor with bitcoin. Everytime the price crashes and soon after that something makes the price to move forward gaining resistance. Same happened with the recent price surge and drop and once again it started to reach the value from which it started to fall. So no matter how the crash happens, it won't go low to $1000.

It is not necessary classic crash. I would call it a price correction or classic example of Fibonacci retracement.
Honestly, it is totally natural that every new ATH will be a reason weak hands/speculators will liquidate their short positions.
I am not saying that we never see price crash to sub $1000 levels, but if that happen it will be caused by totally devastating negative news, not simple market correction.

btc_angela

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Quote from: h3nchm19 on May 29, 2017, 09:16:03 AM

IMO No, even if the price crashes, I think it will stabilize along the range of 1,200 USD or so, if we remember the previous spike, even when bitcoin fell, it was still a significantly larger price than it used to be ~$200-$300

I don't know where you get the $1200 price as stabilizing price, but I will disagree with that. That's too much dip and I don't know if bitcoin can go low with that price. Anyways, the $2200 price now looks like the new bearish price we are going to see. But knowing bitcoin volatility nature, we may see a uptrend or downtrend in the next couple of weeks.

PhucS

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Quote from: 2bfree on May 28, 2017, 01:21:03 AM

Quote from: PhucS on May 28, 2017, 01:17:57 AM

Bitcoin's price is fluctuating every day, we can not know for sure how it is. Today it may increase but tomorrow may decrease. At present, Bitcoin's value is quite large, its price is more than $ 2,000, there have been times Bitcoin has priced at nearly $ 3,000. I think it may be a little bit down but it is likely that it will continue to increase. However, everything is possible, Bitcoin will likely decrease. In the past we have seen Bitcoin prices drop below $ 600, I hope this does not happen again

I agree with you 100% and I think you are the closest to the true state of BTC. I amazes me that most people just assume stable up-word price increase which is not true. It might be 5K or 15K but it might be $600 no one knows. It takes a few big players to do affect the price in a massive scale.

Thank you, Bitcoin is an electronic currency, its price is not stable, sometimes in a few hours it can change quickly. As you say, many people only accept and recognize the steady rise of Bitcoin, which is that they do not yet understand the Bitcoin nature and market prices. The value of Bitcoin is very high, so many people predict that it will increase as much and me too, but no one knows for sure, there may be events that seriously affect Bitcoin make it heavily discounted

Duzter

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Price crashing is a common factor with bitcoin. Everytime the price crashes and soon after that something makes the price to move forward gaining resistance. Same happened with the recent price surge and drop and once again it started to reach the value from which it started to fall. So no matter how the crash happens, it won't go low to $1000.

h3nchm19

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IMO No, even if the price crashes, I think it will stabilize along the range of 1,200 USD or so, if we remember the previous spike, even when bitcoin fell, it was still a significantly larger price than it used to be ~$200-$300

ActiveP

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It could, history shows us that anything is possible, I will never say never, but I have serious doubts it will happen. The rate at which people have adopted bit coins in two thousand and
seventeen unprecedented.

I don't think any amount of dumping by one individual or institution would crash the price long term. It may in the short term, but their are enough buyers now, and more people joining now to steady ship and keep it rising.

Taki

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Quote from: klf on May 29, 2017, 12:28:19 AM

Quote from: jtipt on May 28, 2017, 10:32:49 PM

Quote from: Pattart on May 28, 2017, 03:03:54 AM

Quote from: kayeme on May 28, 2017, 01:37:22 AM

The days of sub 1000$ bitcoins are long gone and we will soon be talking about whether bitcoin will ever go below 2000$.

True, I think currently discussing about, is it bitcoin price could drop below $ 2000 or not. Because this is the next phase of bitcoin. Phase $ 1000 is long past

Yeah in current situation, $1000 is like the new $100. Unless some major event like mass dumping of BTC occurs only then we might see price dropping below $1000. Right now it looks like we might not even go below $2000.

I don't know much about whether it can reach to 1000 range but 2000 mark it may go down. To go down below 2000, just another 6% lower can bring prices below 2000 mark. It can easily happen with cryptocurrencies. But if one invested for a longer term then no need to worry much for these short term correction. Just keep holding it and you can make a good profit in the future.

For bitcoin everything is possible. We are, users, making it's price. Bitcoin was so close to 3000$ and now it's just in some steps to coming back on 2000$ level. I don't know what to expect from bitcoin really, I am not an expert. But I know the wave nature of bitcoin's price and I'm sure we will see 3000$ price this summer.

gabmen

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Quote from: boyptc on May 29, 2017, 05:46:19 AM

Quote from: barnes13 on May 29, 2017, 02:09:50 AM

I do not think anyone will know for sure if it can happen, maybe under $ 1000 is a bit more difficult, I bet just go down to $1300-$1500, If get down lower than $1000 will be big panic sell.

I find lower than $1,000 is very difficult to happen but I know that instead of decrease, we will see the price of bitcoin to be up again at $2,700 and possible to become higher. It's not that hard to look at the charts of the bitcoin, the pattern is there. So after this correction, we will see the price to be good at higher one.

I have to agree with you in this. unless something drastic happens, I don't see btc dropping to that low anymore though im expecting a drop also of closer to 1.5k . the price hike that btc made this past few weeks made sure that btc is on its way to going up higher than before and we may not be able to purchase btcs again below 1k

boyptc

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Quote from: barnes13 on May 29, 2017, 02:09:50 AM

I do not think anyone will know for sure if it can happen, maybe under $ 1000 is a bit more difficult, I bet just go down to $1300-$1500, If get down lower than $1000 will be big panic sell.

I find lower than $1,000 is very difficult to happen but I know that instead of decrease, we will see the price of bitcoin to be up again at $2,700 and possible to become higher. It's not that hard to look at the charts of the bitcoin, the pattern is there. So after this correction, we will see the price to be good at higher one.

BaumT

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Definitely, that's what we going to be experiencing in the coming weeks or months, Everything is possible with the cryptoworld.

Carlsen

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Quote from: senyorito123 on May 29, 2017, 02:12:13 AM

Quote from: CODE200 on May 29, 2017, 02:03:04 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?

I think with the price and people who are supporting bitcoin the price fall below 2700usd is impossible because the people who are using bitcoin now is still growing that will be only possible if there's a 5digit holder of the bitcoin dump it's coin and after that I think the price will go up again.

Im still not convince for falling on that price since people are truly on the lose if they see some price falling down and some of those people are grabbing the oppurtunities to buy more bitcoins for staking and to earn for future pumps, And I don't See any bad fuds scattering right now so price would possibly pump later on these days for more.

In january this year bitcoin price was under 1000$.
From what I have heared, bitcoin got many new members since then, and most of them have bought some bitcoin.
But in future, if the growth declines and the number of newly bought bitcoins decreases, I think that it is possible that bitcoin price goes back to a lower level.
There does not have to be a triggering event or bad news. The bitcoin hype might just ebb away for some time, before it starts again.

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