Will we ever see bitcoin lower than 1000$? - page 49.

onrise

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Quote from: legarde23 on May 27, 2017, 12:00:24 AM

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.

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.

sobsitesearch

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Quote from: legarde23 on May 27, 2017, 12:00:24 AM

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.

That is what i am thinking right now bitcoin value will not lower than $1000 because i know that continuous adoption will make value increasing due to high demand.
And those users waiting for that value they do not want to make any investment because the value they waiting is impossible to happen i think.

legarde23

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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.

Rinder

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I didnt realized that bitcoin has becamed legalized already at some countries, and the next years i do expect more countries to legalize it, this only brings much more interest and fresh new money over the best investments opportunity, like what happened with gold, but bitcoin is magical, 2015 price were 400 dollars 2 years later price is 2000 dollars its 5x more, i might be wrong but crypto is changing lifes, and bitcoin is the first step to people follow the progress.

ArnoldChippy

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Quote from: klf on May 26, 2017, 05:57:13 PM

Quote from: bamboylee on May 26, 2017, 10:55:23 AM

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.

yes there is no doubt about this that are always possibility that the price can fell down. but i think the price of bitcoin has increased so much that now it look like difficult that the price of bitcoin will come down any more. the trend of bitcoin is toward increasing, the price of bitcoin is still trading above 2000$ and still people are expecting that the price of bitcoin can even cross 3000 USD very soon. i think 3000 USD is even possible in present month.

klf

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Quote from: bamboylee on May 26, 2017, 10:55:23 AM

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.

HatakeKakashi

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The price of bitcoin now is very successful and very high. The price as of now is the highest price in the history of bitcoin. And in this year the price of bitcoin will increase more. And for sure few years after the bitcoin will become more popular to the whole world and it will become high price also. But I think everything is possible to happen lower than 1000 dollars is possible to happen in bitcoin because in online world every have limitations. Theres no forever.

Superways

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Bitcoin is going to be a very successful currency in the present time and in the future it will be more successful. So we have to believe on the better price in the future and we have to accept that in the future the price will not down but the price will increase.

maydna

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Quote from: bamboylee on May 26, 2017, 10:55:23 AM

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.

every possibility can be happen because we are not sure about future of crypto currency. maybe we can say that in the future, crypto currency will be stay exist, but who knows crypto currency will have the same conditions in the journey. and for the price, if something bad happen like people do not trust crypto curency anymore, then crypto currency especially bitcoin will not stay for any longer. the price will be down for correction as always but with many of people using bitcoin, i think the price is not going to deep.

stromae

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Unless there is no huge hacking problem, I don't think we'll ever see it around $1.000 for this year, 2017.

FLoving

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When the price of bitcoin reached to $800 then everyone was in a worry then they will once again see the price of bitcoin at $200 but that not happened and what happened that bitcoin price started to increase and the price reached to $2700 and now again people have doubt but again I wil say that it will not drop.

easynote

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Quote from: tiggytomb on May 26, 2017, 12:23:56 PM

You cannot rule anything out in this world but I seriously doubt we will see below $1,000 again. This is looking like it could be the year that sees bitcoin hurtle towards mainstream adoption.

There’s plenty amount of people that think that the price will drop down to triple digits. I think that the price could get to that price if people start to panic because there is not that many people holding the coin. They might regret not dumping the coin then, who knows.

szpalata

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Below $2000 I'm tempted to believe but below $1,000 I doubt if we will ever go there at least for the next 5 years because the more the supply gets into the market the ever increasing demand of people who wants a taste of Bitcoin quickly buys them up and the process keeps repeating so it makes it difficult to fall in price that low.

tiggytomb

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You cannot rule anything out in this world but I seriously doubt we will see below $1,000 again. This is looking like it could be the year that sees bitcoin hurtle towards mainstream adoption.

Janation

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Quote from: cpfreeplz on May 26, 2017, 11:56:41 AM

If a major exchange is hacked and every Asian and North American country ban bitcoins then sub $1000 is possible but I doubt any of that will ever happen.

I think bitcoin's price hitting below $1000 is impossible now, many countries are now accepting bitcoin and many people are getting thwir hands to bitcoin making a great demand and great price. I think below $2000 it may happen, but below $1000, I think it is impossible now.

adzino

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The price going below $1000 is highly unlikely to happen, but we can't predict the future, all we can do is just speculate or make wild guesses. Any negative major event might cause the price to dramatically fall. The event has to be something that's going to effect the way they currency works or something that might have huge negative impact on the market.

pearlmen

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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?

Nothing is impossible it could even fall below the $700 after all I did join around that time too. A testimony to that is in the past few days if anyone would have predicted that a crash to the $2400+ will happen quite a number of people will disagree and would stick to their position with several convincing reasons but it actually did happen. So, its very much possible but we hope it doesn't get that bad.

cpfreeplz

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If a major exchange is hacked and every Asian and North American country ban bitcoins then sub $1000 is possible but I doubt any of that will ever happen.

CyberKuro

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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?

Purely speculation if we say it could be without any solid evidence, just prediction right? Current bitcoin price on preev is $2365, what problem could make it crash, drop -$1300? Nothing for now I thought, and bitcoin still persist at this level which many people keep buy and sell bitcoin.
We believe in bitcoin, we've seen what it could reach and always rise after fall down. If unconfirmed transaction resolved, then more adopters will invest in bitcoin, $4000 in this year maybe achievable.

Kevin77

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Quote from: Ayers on May 26, 2017, 11:04:40 AM

Quote from: Seville on May 26, 2017, 09:51:32 AM

the only way to see BTC go that low would be another MtGox event Grin

that's not possible anymore because unlike with mtgox, the numbers of coin are more spread in many exchange, and not all in a single one like with gox, and it's also more harder to mnaipulate in this way

Not just mtgox event, I could not find the any service related reasons which will be impacting bitcoin similar to mtgox event. Because we are having multiple choices for the any one particular services.

This community is not depending on only one provider for their entire needs. People are using multiple providers for same type of services. One good example is, as the recent survey : almost all crypto currency users are maintaining accounts at least in 5 exchanges.

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