Topic: Will we ever see bitcoin lower than 1000$? - page 48. (Read 37888 times)
No one wants to hear the truth but BTC can fall to $500 or less.
Currently Bitcoin is charming investment for people so they are going for it largely. But suppose many investors decide to leave market if present dump continues to $1500-1600. In that scenario, it will be almost unable for Bitcoin to rise again as it did last week because number of real adopters will decrease. Thus owing to speculation of rest of investors, Bitcoin can go below $1000. However, possibility is very meager
You should first ask yourself how many of these "investors" actually entered above those prices
I don't think that many since the price had been over 2,000 dollars only for a week or so. It was effectively a flash spike, and now price reverts to where it should be. Apart from that, we are necessarily set to see supply drying up eventually since many people are buying some rather small amount (say, less than 0.1 BTC) and forgetting about it. The decline side wouldn't be great anyway while the growth side would be huge ("only sky is the limit" as people would say)
Wait 5 days and see, the bubble has POPPED.
Going down ,down,and down. But dont worry everything will be alright,they will never allow the price to go back again below 1000$. For what i see ,the stable bottom at this year is 1500$.Yeah I don't think we are going below 1500$, and I think the bottom could still be quite a big higher than that. The next pump will give a new ATH but lets not be greedy and wait for it to happen slowly but surely in a natural way.
Wait 5 days and see, the bubble has POPPED.
Going down ,down,and down. But dont worry everything will be alright,they will never allow the price to go back again below 1000$. For what i see ,the stable bottom at this year is 1500$. I think this will not ever happen in 2017 bitcoin just hit 2500$ so in 2018 bitcoin is more than 2500$ for sure even though bitcoin just dumped value today.
Bitcoin value today is more than 2000$ only but in any instances the highest value of decrease is not more than 50% so there is a big chance that bitcoin will go rise and rise
Bitcoin value today is more than 2000$ only but in any instances the highest value of decrease is not more than 50% so there is a big chance that bitcoin will go rise and rise
Who knows the limits of Bitcoin. Your estimate is based on past experience but anything could happen when we are talking about most volatile asset ever.
Currently Bitcoin is charming investment for people so they are going for it largely. But suppose many investors decide to leave market if present dump continues to $1500-1600. In that scenario, it will be almost unable for Bitcoin to rise again as it did last week because number of real adopters will decrease. Thus owing to speculation of rest of investors, Bitcoin can go below $1000. However, possibility is very meager.
I think this will not ever happen in 2017 bitcoin just hit 2500$ so in 2018 bitcoin is more than 2500$ for sure even though bitcoin just dumped value today.
Bitcoin value today is more than 2000$ only but in any instances the highest value of decrease is not more than 50% so there is a big chance that bitcoin will go rise and rise
Bitcoin value today is more than 2000$ only but in any instances the highest value of decrease is not more than 50% so there is a big chance that bitcoin will go rise and rise
Wait 5 days and see, the bubble has POPPED.
Bitcoin is about to become a legal currency in Australia and India is running out of ways to distribute it and were here discussing panic.
It can't be helped, I think many people bought at the price of $2400, they though that it will be pumping more since it pump so high these month that it doubles its price last month. If these is the case, then I think bitcoin will be expecting to pump more again,I think what happened today why the price are dumping is because many users sold their bitcoins.
Bitcoin is about to become a legal currency in Australia and India is running out of ways to distribute it and were here discussing panic.
Even some months ago bitcoin'a price was 600$ 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 we will never be able to calm down about bitcoin's price. From yesterday it lost 400$ and today's price is 2200$. Everything changes so fast! So I will not be surprised to see 1000$ per 1BTC again. 
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?
Unless something really terrible is going to happen, that's unlikely
For example, Satoshi Nakamoto's body is found (just kidding). So unless a sort of Black Swan event should occur, the price is unlikely to fall below 1,000 dollars per coin. As to me, 1,200 dollars should be a pretty tough bottom to break through, this is where the current rally has started, and this is where it could hypothetically end. Right now we see the price rebounding strongly and unless big fish, sharks and whales alike decide to cash out the price may not even fall below 2,000 dollars (I use Bitfinex prices for reference)
Well, it's not until something drastic happens before the price of Bitcoin becomes worthless. I actually do think that in the near future the price of Bitcoin may even drop lower than what OP speculated. This is because at the beginning of this year, Bitcoin had market dominance of the cryptos around 93% or so on the coin listing. But today that dominance has dropped to around 48% now even though Bitcoin price has continued to rise http://coinmarketcap.com. More altcoins are gaining prominence in name and usage, and they surely will affect the popularity of Bitcoin. It's just a matter of time.
I hope not because if so, a lot of people would be furious. But I think it won't happen if it'll drop lower than $1000 now, it has become a hype that bitcoins price has skyrocketed.
If that happens, then probably there are a lot of people who would get angry and just be upset with Bitcoin and many people would even get away from bitcoin. It's highly unlikely to happen again because of the mainstream media now being on the monitor with Bitcoin's price.
It is possible that because of the sudden surge in price, there will be a correction happening in the future. But I do not think the price will fall back to below 1000$. Even before the rally, the support was already at above 1000, so if it falls, it will be on that level.
If prices can go up from 1000+ to all the 2500+ then there are chances that it can come back as well. That's why always prices should move slow and study. In this cryptocurrency anything can happen because on one is regulating it so it is always good to book some profits now and then instead of waiting for sky high prices.
If bitcoin price had fall down from 3000$ two days ago but I am sure that it will be stable at 2000$ and it will not go down. Well at least the trend of the price going down since people had stopped panic selling their coins. And so the buyers are here again buying while the ones who have bought at a higher amount was just holding it waiting for another spike so they can sell their coins and get a profit.
Yes, theoretically it is possible because those who bought bitcoins at lower levers for the purpose of speculation would sell their holdings on higher levels. However, there are many traders and even the normal users who are waiting for a opportunity to enter in the bitcoin so even if there is large sell orders on higher levels, it will not impact the price that much because there will be almost same number of buy orders.
In situation right now i dont think that bitcoin will back to the value of it years before atleast 1000$ and this year then the price of it is almost 2500$.
1000$ is impossible in todays situation.
1000$ is impossible in todays situation.
Well in just a couple of day its down from all time high of 2500$ + to already 2000$ approx. So its quite possible that in coming day it may even break 1500$ and go down. Because there was no actual reason that bitcoin went from 2000 to 2500 $ within so short span of time.
I'm still wondering what causes the dump, I was out the whole day yesterday and I was quite surprise to find out that people are starting dumping it and triggering this this panic selling. Its not around $2000 but I hope it will just stay there. People should start buying now, because I don't think that bitcoin can go below sub $1000. Maybe this is just a correction as others have pointed out, but I still think that bitcoin can go up again anytime soon and recover the last price ($2700-$2800).
Agreed, I didn't find anything - regards bad news that affected bitcoin to fall and it seems like a correction after incredible increases in this month, people started to extract their money which has invested to get profits while others regret because too late cause panic sell. But, there will be always some people who don't want to sell bitcoin and prefer it as long term investment. So, I don't think bitcoin could drop back below $1000 at this point due to the price persist at $2000 right now.
I don't think that bitcoin will reach down to $1,000 because it is very low price compare now and the correction price will not reach that because i think the lowest dump for the price will reach just at least $1,500 and after that it will have a pump again for the price and it will continue up to the next year.
I'm still wondering what causes the dump, I was out the whole day yesterday and I was quite surprise to find out that people are starting dumping it and triggering this this panic selling. Its not around $2000 but I hope it will just stay there. People should start buying now, because I don't think that bitcoin can go below sub $1000. Maybe this is just a correction as others have pointed out, but I still think that bitcoin can go up again anytime soon and recover the last price ($2700-$2800).
There is a small chance that it can go below $1,000, if the problems with block size persists and the number of unconfirmed transactions rise above the previous records. The Japan effect has vanished now. Currently the exchange rates are mostly influenced by the SegWit vs Bitcoin Unlimited battle.
In situation right now i dont think that bitcoin will back to the value of it years before atleast 1000$ and this year then the price of it is almost 2500$.
1000$ is impossible in todays situation.
1000$ is impossible in todays situation.
Well in just a couple of day its down from all time high of 2500$ + to already 2000$ approx. So its quite possible that in coming day it may even break 1500$ and go down. Because there was no actual reason that bitcoin went from 2000 to 2500 $ within so short span of time.
I'm still wondering what causes the dump, I was out the whole day yesterday and I was quite surprise to find out that people are starting dumping it and triggering this this panic selling. Its not around $2000 but I hope it will just stay there. People should start buying now, because I don't think that bitcoin can go below sub $1000. Maybe this is just a correction as others have pointed out, but I still think that bitcoin can go up again anytime soon and recover the last price ($2700-$2800).
Even some months ago bitcoin'a price was 600$ 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 the down in the price only due to the news in the internet media about the Bitcoin .No doubt that we can't forget the short time achievement of the Bitcoin but here reality is also that the demand is small going down in the current time .
The whole thing's happened due to the news only , here I am talking only for the country India , where I am living .
A news last day came in the media that the government will take action against the zebpay for the whole life transaction with the customer and if they found any doubtful things then surely they will take any hard action against them .
Due to this news the most of the newbies in the Bitcoin get shocked and sold Thier Bitcoin and that leads into down of the price .
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