Bitcoin Forum

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

I don't think it will crash down to $500. Well I hope not.
I don't know what is happening with the bitcoin price at the moment but it sure does not look good because I keep seeing red.

bitcoin is now stable at 560 - $600 ,it's not going to crashing for now except there's sudden hack on exchange just like bitfinex,the recent price falling is because of bitfinex getting hacked and losing so many money and make panic selling happen and then price falling a lot

It does not sound very realistic, but it would be a good time to fill the bags.

No. Go find a price chart somewhere and look at it very carefully, there's a lot of small movement like this.
Where did you get the $500 from? We're far from there (you're talking like we're already there...).

I am guessing bitcoin will fall further and touch $350 next months unless some miracles happen

The price is still high compared to last years price so I don't think that is considered crashing. Say it crashed if the price go lower to 300$

Exactly people who bought at $250 in the past would be still satisfied with current price, as even if they sell now they are into profits and I don't think price will go to $500 level in coming days.

I think it's difficult to happen a more dramatic moment than the Bitfinex hack this year.

If it will be lowered to $500? No one knows.

People intend to take advantage of the dips, so I think it can hold the support with the current price. For price to reached below $500 it needs a lots of coins to be dumped which is actually not possible at the moment since people care for the price when dealing in a dump.

So just sit back and just watch how the price will move in the following days. :)

Nothing is crashing , just keep calm and HODL. Price is pretty much stable in the last few days/weeks , the crash was more than likely caused by the Bitfinex hack in the first place (like the first hack) so we take time some time to recover.

Yeah it will take some time to recover and regain its position so I think we should also take some rest at a moment and keep on watching price movements.

no the price aren't crashing indeed yesterday slightly down almost back to $560 below but today it's reach again to $570 above and according to my predictions till next month the price will still above $500 but i won't say stable on those price because there is always possibility to bitcoin price dropped
 

it is not a huge crash, it is not even a crash, it would be just a drop, crash would be to around 100 dollars as it would be massive then, though it wont go to 500 dont worry

i hope the rate is not going down under $500, and i think the rate will be up in next week but for daily, the rate is not stable. sometimes up and sometimes down. i wish i can make profit from there and can make some money with that.

why do you think bitcoin price is crashing today that you created this post?!!
the bitcoin price is $572 as it was a couple of days ago and if anything it has gone up from $560 yesterday so it is rising!
maybe you don't know what crash means!


$500 drop means going from $600 to $100
drop to $500 means going from $600 to $500

and yes it is a huge drop for bitcoin, but what is your point?
it has not happened yet (price is still $570+) and there is nothing indicating this drop and anything is possible but not without reason.


it can if something bad happens like another big hack, like saying .... exchange was hacked and 200K bitcoin lost.
but other than that i don't see why it should go that low.

We already had been below $500!That's just 16 days ago!
In worst case we drop down to $550 again, for a short time which the tough guys would use for more accumulation of course.
However I believe even this scenario is not verly likely.
Right now we are at ~570 and I expect to move to 600s again soon.

So your saying that the price has fallen heavily because many small holders started to cash out their coins?

Why does any type of drop shock anyone any more?

A few months back that price would've been a dream.

Not a crazy amount has changed since then.

Hmm. I think that a careful analysis would conclude that not a person on Earth can answer your question with more than a guess. Welcome to bitcoin.  :)

no need to worry. the price goes up and down a few bucks, nothing special. and no, i can't see the price go below $500 as that would be completely unneeded and sad. it would mean the price is over-sold. so if it's happening, then don't wait a second, but start buying as many coins as possible. i will surely do so.

Yes 500$ is not possible price until the end of 2016 also we can expect a little increase in the coming two months up 600$ because the liquidity of bitcoin market will come to its end . boom will be in 2017+ up 1000$ .

There was a huge pressure on the prices till yesterday but it seems it is gone. As long as something unordinary happens (like an exchange hack) i think it won't go below 560$ there is a strong support at that price point.

My prediction would stbale above $500, it will not fall below $500, although it may. but I'm sure it really will not fall below $500.
the price will be increased slowly and increase to $600 end of the month of August or beginning of September.

Perhaps but no lower than $350 unless it's a flash crash. $500 and $450 will both be strong support levels on the way down. After the drop, everyone here can celebrate about the cheap prices but for now just be patient.

it will be a good timing for us to buy more btc if the crash happen getting it for only 350$ would be a good start point for our investment i'm not worried about that because for sure before year end it will hit 800-1k for my personal opinion. good luck mate and keep monitoring the price.

I hope that the price will not hit that value but i believe that the price will not go down because many stores right now are accepting bitcoin and i think if they see the price is low they will buy a large amount of bitcoin..

Price have already shown a good support at below 500$ price when bitfinex got hacked. But price get rebounded really quick to current price so i don't think price can go below 500$ in near future.

Price was at $575 few hours back and now its $568 so price is going down slowly and I will not be surprised if it falls back and goes below to $550 level in next few days.

Isn't it possible if another exchange gets hacked? Bitfinex got hacked due to a mistake on their part and not a mistake in bitcoin.

i think bitcoin no more will be going to down , because its going to higher and getting more popularity day by day and people are buying bitcoin in big amount they surely know that bitcoin going to stronger and more powerful .

It's funny how people say there was a huge drop while it was just normal market action. Just look at the charts. You'll see that the price has been moving in up and downwards direction for quite some time now. Possibility for the price to go below $500 is very low, but not impossible. If the current market sentiment changes into negative, then funny things can happen. Price going sub $500 also belongs in that category.

i hope that you are right but anything is possible with the price at the moment so it also might fall

500 seems to be a logical secenario before the halving. Now 1 month after the halving i would say it would stabilize.
Hopefully in the area of 600-650, but it looks more in the  550-600 area

Its hard to see that bitcoin will cross $600 in next few weeks, may be it can even go below $550 in next couple of days, as people are much more interested in altcoin at a moment.

I don't think $500 would be that big of a drop and I would not be surprised if it dropped that low. We are going to see fluctuations in price due to supply and demand and because of news or info about bitcoin.

A flash crash. But what would be the root cause of this happening?

I just bought some a few hours ago just as reassurance.

I believe that is a distant reality now.

I think the price nowadays is far from the 500$ level, and i guess the price will increase soon and will not drop down to less than 500$

I think now is stable price in 500 - 600 dollar
this month and next month in waves price bitcoin my prediction is range price 500 - 600 dollar

I believe it is capable of going lower than $500 if there is another big dump that will be caused by another hacking incident. Most of you will think that lightning will not strike again should always expect the worst when dealing with bitcoins. We have not seen everything yet in the bitcoin scene. But I also think there is strong buy support under $500 and it should also be considered as an opportunity to buy cheap coins. So I do not think it will stay under $500 long. But under $600? It will until the end of the year or more.

i agree, but that big dump that you are talking about will not happen out of nowhere. there should be some kind of initiative for the dump like the bitfinex hack or something of similar nature then such dump can happen.
otherwise the price will start to rise soon and will go back to $650+

whenever i see a topic like this i lose faith in people a little more. opening a price chart is so easy, open bitcoinwisdon or even coindesk to see price is still around $570 and with no drop so far, so i don't really understand what is happening in OP's mind when he says there is crash!!

people are either too lazy or too ignorant to look at things from a wider angle. another reason could be that they have a 6 hour live chart open. if the price goes down a few bucks, then it might look more severe than it in reality is.

In my opinion not least the bitcoin in the $ 500 price . Because they do not allow the majority of traders to down it . Maybe next month will increase the price of bitcoin would be increased to recover my lost when bitcoin goes down. Maybe bitcoin traders become millioner in the next 2-5 years because bitcoin have potential to increase up to 2000$.

haha, good points.
but i seriously doubt that OP has ever seen a bitcoin chart in his life because if he did see one, he wouldn't have said bitcoin is down to $500 and would have never asked "Is the bitcoin price crashing?".

the bitcoin price is once again reaching another horizontal line after the bitfinex crash and come back.

Agreed. anyone who have money and can buy bitcoin. they should buy now. prediction of future of bitcoin is hard. but bitcoin have great potential there is no doubt.

To drop like that it also need a miracle then.. why do you think bitcoin will touch 350$ mark? bitcoin demand is increasing and it won't let bitcoin to get down like that.

Bitcoin price is still above $550, I don't think it would fall below $500 as of these days, but of course I still consider it happening. I mean, if it happens, then it is still okay with me and will just go with the flow. No one knows what will happen every day, hour, minute with bitcoin, right? What I'm sure of is, I will support bitcoin and I believe on its potential.

I think it was only a little dump in the price of bitcoin as occurs normally and sooner we will see that the price of bitcoin will once again start to increase.

By the way $500 is not a deep drop, as before that we have saw some much deeper drops where the price reached from $1200 to $250 , and it re-bounced again

Whoever bought bitcoin at $700+ will already have lost a lot of money. Although if they bought when the price was at $400+, it probably wouldn't matter to them since they would be in profit.

Not necessarily true. You only lose money when you sell your coins below your buying price. If you keep holding your coins, then you don't lose anything. It's all relative. I have had such a situation where the price kept dropping very deep after I bought some coins. I kept holding and eventually ended up making a very decent profit with these coins. Staying calm in your head and having patience works. :)

the current price of bitcoin is in the $ 570 price range .telah hefty price increases around this week.
My prediction bitcoin will break the $ 600 when the month of September. hopefully my estimation right.

After the events involving Bitfinex, it was revealed that the bitcoin really has resilience, being able to recover quickly
from big drops. I believe it will be difficult to see it under 500 USD again this year.

Even I am hoping the same bro. If price increases I get can rid of problems by selling my bitcoins which have. I think bitcoin will cross 700$ plus at time of November to Christmas.

Wtf is the logic behind that statement? You want to sell your Bitcoins at $600, even though you are predicting that the price will rise to $700 in November to December? So you are willing to piss away a $100 extra profit on each and every bitcoin you own?

If Bitcoin is a problem to you, just get rid of it now, we will be very happy to buy it and sell it for a profit, come December. ^smile^

I think he is having having some sort of debt which he will cover by selling his coins if the price goes up high enough. At least, that's what I can make up from his post.

I don't think price is going to down below than $550 range this time, price is bearish and it have a lot of selling pressure at the moment even no bullish sign exist, price is on survival phase and it can break the current pressure and will start rising very soon, I think so price is doesn't matter it need to get a stable floor.

I believe the dump will not go deeper under 550$ or even 500$ since i think many people will surely buy since bitcoin for this price is so cheap and also some other people would provably would buy for their investments good and maybe also for manipulating tricks(who knows) but as far as ive seen nowadays i think todays price will be the stable price untill this month and hopefully it will rise on september.

Price has stuck at $570 at a moment  and even if it falls in coming days then I don't think it will go below $550 and I think even current price is a good one to buy some bitcoins.

That's right, it is now located in the bitcoin price rate of $ 570. But I am sure the price will drop to $ 550-$ 500 in the next week, because I see the market movement bitcoin is not good enough. So this could make the price of the bitcoin became down and also I think halving bitcoin is finished. So hold the first to purchase and see price up bitcoin bitcoin stable

I am not sure if you guys are following FOREX markets. We had some pretty high USD price drop due to unfavorable economic forecasts.
It will cause some investors to shift power and buy BTC instead of USD. And We can already see it - BTC currently is ~$580.

very precise, forex something thing that rely solely on profits or even I consider that forex is a lottery gambling. All systems in the forex is absolutely the same as the lottery, much better if you want to trade then bitcoin is the solution of all these things. because the price rise and definitely definitely bitcoin down

No the price of bitcoin isn't crashing. It's up over $130 so far this year. It rose by over $100 last year. In the last 6 years it's gone from under a dollar to around $580.

The closest thing to a "crash" was in 2014, the only year when the price actually fell. That year it fell by about $500 and it was indeed a huge drop. If you meant that a price of $500 represents a huge drop, you must be very short-sighted. It's only been over $500 for less than 3 months.

Will it go lower than $500 again? It's possible. It was below $500 less than 3 weeks ago.An unforseen event like the Finex hack, the Silk Road bust or the MtGox fiasco could send the price plummeting but it's unlikely to stay down for long.

In my opinion, it's as likely to reach an ATH as it is to stay below $500 for very long.

Just keep buying the dips. Anyone who didn't stock up on sub-$100 coins in 2013 and sub-$200 coins in 2015 missed great buying opportunities. In a couple of years we'll consider having failed to stock up on sub-$1000 coins to be a missed opportunity.

I'm not following forex markets but sometimes checking about forex and read about economic news, well dollar has drop but other currencies has rise and the price of bitcoin rise not because the dollar down. i never think bitcoin has connected with forex since the goverment still not accept existency of bitcoin.

I never tried that forex.. before i want to join in that site but the minimum deposit is very high.
Many people said that they are sucess in forex but didnt know if they are telling the truth we know many people here are making a lots of profit in trading.. so i think there are the same.

Things are still quite difficult to predict in the cryptocurrency market, you will be able to see that even the best specialists have made mistakes in the forecasts.

You're absolutely right comrade, for all things about the future we cannot do something that certainly or really. The absolute conditions for it from God and we can only follow and anticipate something according to we can make us worse. so also with the cryptocurrency, we can only save or utilize the crypto with trade or transaction . But if indeed you believe that bitcoin is going down, then you should keep it (if you have a good experience in the bitcoin) or you can sell it

in now bitcoin stable price in range 550 - 600 dollar
is droop and down to 500 dollar is very long time excepted hard dump
is investor much bitcoin hard dump this price

Bitcoin has shown that it is much more resistant to crashes than it was a few years ago. 
The "drop" that people are talking about was actually a slight bubble a few weeks after the last halving. 
The price will probably go up slowly.

The only way I can see the price going below $500 is if BTC is totally dead.
Unless we see another coin become so popular that it overthrows Bitcoin, I'm sure that buying coins now is at least a decent investment.

That's why don't stress ourselves with the possible scenarios but rather just take closely the price watch in order to avoid regrets and mistakes.

And besides we already known that bitcoin price movement is really unpredictable so most of the bitcoin users already used to it.

Even if price falls below $500 in coming days, that doesn't mean that bitcoin is dead or its an end of bitcoin, it has an potential to bounce back and  bitcoin will not be replaced so easily.

And what exactly would cause that price drop? Because I didn't heard about any significant news which could cause further drop.
I don't think that Baidu ban is that crucial for global bitcoin market and US economic data are not that impactful at all.

I don't think bitcoin can go that low this year, because it is getting more popularity, day after day, and there are people buying it in big amount. You can see that they surely know Bitcoin is going to become ever more strong over time.

Look at the price of BTC right now. It is above $600. If this trend will continue we won't see $500 this year.
Unless something like Bitfinex fail happens  again.

The bitcoin is not going down to the 500 because he always rise allot and i dont think he would fall like 100 dollar a day or a week that would be to much you know there are allot of people making big losses for sure!

At the moment the Bitcoin is at around $600 which is a pretty good think but I thought that the Bitcoin would be a bit higher.
I still think that at the end of the year the Bitcoin will reach $1000.

It's unlikely for bitcoin to go down again to 500. Couple reasons would be overtaking of an alt coin, big hacking fiascos or a major interest drop in bitcoin (but that's caused by the previous explained events). From now on I think alot of interesting things are going to happen and we should watch closely.

Its nice to see the bitcoin price above $600 again.

I have been watching bitcoin for many years now and from my experience I think it will be long before we see $800.

Maybe bitcoin have stable price right now is not getting lower to $500. 500$ lower is hard now because i think december is near and the price of bitcoin getting higher now and that is a good sign that bitcoin can not down in 500$. Very soon the bitcoin price reach the we want.

Now bitcoin is continuously stable at 560 - $600, But also it doesn't mean that bitcoin go down at least $500, it will be started to increase within few weeks, but i think it is a good chance to buy the bitcoins, because when bitcoin price will going up than we can get profit from it. So don't take tension, bitcoin never go back under $500.

After struggling around 550 $, we finally break 600 $ mark, and seems like btc is going back where it was. I think now we are going up, and this trend will continue until the end of this year. I'm watching graphics for last 4 years, and btc price movement is very similar with movement from 4 years ago, after halving little drop, and then to all times top. Can we see that same movement again? I'm not sure, but with btc almost anything is possible. I will not be surprised if we see new price record for couple months from now.

From last week I am noticing that bitcoin price is increasing only It's almost reach 600$ now. Soon in the end of this year bitcoin price will move more than 800$ for sure.

I saw most of the members have same thinking about bitcoin predictions, so let see what happen in the future, because now the time has been stated to grow the price of bitcoin, so i am also sure that bitcoin never come back again in low price specially in this year, but the next year bitcoin give us new price also most of the chances the price will never less than $450.

The bitcoin reach more than 600$ now and its predictable that it continue rising till the 1000$ by the end of this year most likely. Buying now could be profitable for the holders

Exactly as quoted its the best time for holders as well buyers, but the price won't hit the maximum of $1000 by the end of this week. Possibly can expect the price to be around $750-$800 and will sustain till the end of falling February.

It would not be a bad thing if the price would go down to $500 because then maybe more people will start buying Bitcoin.
The Bitcoin can be pretty expensive sometimes so it is good for it to now and then go down a bit.

Sorry to burst your bubble but I highly doubt we will see low 500's or below again. Some people need to stop hoping for ridiculously low prices & buy now. In a few years people will look back & see $595 as cheap coins.

Bitcoins is now at $590. I don't think it will come down to less than $500 soon.

No.  Never.  Do not think of it.  Well, there is a possibility because we do not know what gonna happen.  But the certain thing for me is, I will still use and will keep on earning bitcoins.  Eevn if it drops to whatever price it is, I will keep on supporting it.  Many people said that the price of bitcoin will go up by the end of this year so I am holding to it.

Well we dont know that thing and its normal that the price of bitcoin is decreasing and increasing but you said that less than 500 its impossible and i think the price will stay at 500 value if the price will continues to decrease or if we are lucky the price will increase again back to 600 value.

The dipping point is strong. It always coming back to around $600 after a small increase days ago. Also after the bitfinex issue, price suffers a slow increase for up to $600.

Meaning "around $600" is the ground zero today and can also considered as a new bottom. Well just a trader's view.

eh i think this is a normal correction, after the restoration to $600+, it will eventually come again above $600 just be patience i would not sell now for sure

there is no reason for the price to go back down that much. people are finally leaving the bitfinex drama behind, and are now moving forward. i think that the price will remain around the current levels for a longer while. i don't even expect much to happen anymore this year. it's a 50% chance that we will sit above the $600 price level on december 31 of this year.

yes it was when the bitfinex hacking news spread and it turn down the market so down that the price fell down to 500 USD but after few days the market recover it self very soon and now bitcoin is trading above 600 USD.

500 is an option, because the price for miners to mine with profit lies in the 500 area. Al tough I don't see it happening. My guess is that the price will touch around the 550 dollar on the low side.
The high side is around 650 to 700 dollar.

As of now us we can see that bitcoin have stable price 550$ is the lowest now. It never be fall in 500$ below. So keep on watching for the price because one of this days maybe bitcoin can rise up to the buttom. So bitcoin can not down in 500$ each bitcoin.

Price may not drop so low in future if no any thing like bitfinex hack will happen in future. But if price continue to grow over 1000 usd than even on such events price will not go below $500 for sure.

u don't think that bitcoin price is crashing this is only small fall down and up quality for short time of btc . you should wait some week to increase the price . the fall in the btc rate is only for small time so don't worry . keep your btc in your wallet.

whenever there is a small drop people all see the short term and panic about the price drop and think this is the end but if they start looking at the long term they can easily see that this price is still up and rising.

no it is not the price crashing of bitcoin. it is only for small time for weeks . because it is only due to the sell of btc by the etherium user . but soon the price will increase when the eth user will sell eth and come for btc .

So.. you are next positive speculant?!?!

Yes, of course there is possibility that Bitcoin will rise up to $10k , but at this moment, more possible is that his price will go down to $500 .. Not saying that $10k is impossible, but in economic situation like we can observe now, $500 is just more possible. Of course it is just my subjective opinion..

Thats the thing  i observed too when  im looking at the chart of bitcoins price movement from past years and  i could  somehow  compare it as of todays bitcoins path which have simmilar pattern or  just a coincidence. As you said   everything  in bitcoin  is possible lets  just wait and witness what would be the trend  in  upcoming  months or years to come.

Doubtful that Bitcoin is going to go down to $500, probably we'll sit around $600 +/- $10-$15 before something happens with the news and the market swings one way or the other.

The market is hungry for a reason to invest or bail out, and I think a lot are looking for the former. There is likely little upwards energy left, but the right news might revitalize the market.

yes , the bitcoin price is crashing now . and i think the price will kept fluctuate below $600 or it may be down to $500 and then after this year the price will start to rise in January .

Unless another big company gets hacked, Bitcoin would stay higher than 500$. The Bitfinex hack made the price of Bitcoin much lesser than it was. I'm pretty sure if another exchange website gets hacked, Bitcoin would go down again. The price dump is depending on how many Bitcoins that the hackers get from the hack. But if none of that would happen, we will not touch Bitcoin down to 500$ again.

I can not predict the price of bitcoin because prices always fluctuate would be very difficult to predict. If bitcoin continue to develop, bitcoin will not be lower than $ 500. But if bitcoin decline is likely to decline to the very large price.

iam also waiting btc to come to 500$ to buy at pull back

it looks like it will be tough going, and I think everybody hoped that bitcoin prices rise.  ;D

Correct, hoping  for bitcoin to go down would  be tough do since there are lots of investors  are hoping for bitcoin to rise its price but   some may wait also for bitcoin price to go down so that they would able to  buy  again for cheaper price.

your hoping for a particular price should also be based on your studying of the market and the orderbooks.

you should check the resistances, the supports and see how many investors are actually buying or selling bitcoin. for this case there is a lot of resistance around $600 and even breaking that needs much work and then going down to $500 needs another huge exchange to get hacked.

Probably at most ~$500-550 but I agree with that, a dip to sub-$500 levels is pretty much one the worst case scenarios.

If we come across through any bad news again then it can go below $500 level, as of now its sitting on descent price but as we know that its impossible to predict anything related to its price.

i think it's not crashing it's just fluctuating like you said, a crash is something else, like 50% of the original value, not 5% lol, right now bitcoin is very stable i'm taking the opportunity to buy more cheap coin

500 can be the new low if you ask me.
Miners need a price of min. 500 dollar to make profit with their mining business. If the price goes down more they will get in problems, and miners in problem means bitcoin got a problem.
A serious problem.

I wouldn't call a 10% drop in price a crash yet. What words would you use if the price falls 70% or 80%, like from Mt. Gox top?
Bitcoin is a very volatile asset, and that means that 10% swings on a short term are included in this game and are something normal, without much story behind it. But crash in Bitcoin is something definitely different.

But isn't it all about how much we're willing to give Bitcoin for? If it wasn't this way, Bitcoin would have been down a long time ago. Miners aren't willing to give Bitcoin for $1. Therefore, we have to pay $600 for one.

What miners want may have very little to do with the price of Bitcoin. After last halving 75% of all coins is already mined and may be used to push the price lower if the whales wish to do so.

this now bitcoin price still stable
in 600 dollar every one bitcoin, is very long can down until reach under 500dollar
because next trend bitcoin price can up

i don't think that bitcoin down until $500 because its really hard to get that rate but no one can knows if it can happen or not, better hope that the rate will not go down too far from $595.

i think it will be around in $595-$598 for the down and i hope its not down too deep and will gets increase in next week. but its only my prediction and i hope its gonna happen to go increase for this week.

Going down from $600 to $500 is just 16.6% down. That is very little in terms of Bitcoin. I know that it may seem much, but taking into account the volatility of Bitcoin it is not that unexpected. Bitcoin has seen huge drops and rises, and one have to be able to live with that to play this game.

Now, you can see, recently bitcoin was going very well, and suddenly Bitfinex has hacked, so it is main reason that bitcoin's price come down, if this incident never happen, than may be bitcoin would be cross $700 now in this month, but unfortunately, now bitcoin is facing some circumstances, But i don't think that bitcoin once again down under $500. Also i think the time is starting for bitcoin's price might be grow.

You are right, everyone  who engage with bitcoin should not be surprised if  bitcoins price would go down or  up because  it really a normal  thing for bitcoin. We should  expect  deep  price drops and  huge inflation spikes everything is  possible on bitcoin. $500 wouldnt hurt soo much though.

its just a retrace

$500 will be too low for bitcoin to get dumped and i don't think there will another such case like few weeks ago. So i will say better not to wait for price to go below $500 again to buy, buy now and enjoy the profit.

The price of bitcoin is a normal to go down.. bitcoins is more way to go in high  price increase for bitcoins..
Just like now that the price is high compare to the price yesterday and i think the price of bitcoin will stay at this level until november and we will see more huge increase price of bitcoin.

I do think too that there will be no dump till 500  usd.  I think as long as there  is no negative press about bitcoi, it will continue to rise because of the  many new comer to the industry.  So yes buy now while it is cheap, don't  wait for it to go down sub 500 before buyng because you won't be seeing this price anymore in my opinion.

yes that is a fact,  after bitfinex hacking the price of bitcoin dump and reached the 500$ level but there it got support and then start rising again and now it is trading above 600$ and that is a good news about bitcoin.

IMO it won't go down beyond sub-$500 post halving, not unless there's another bad news or there's a security issue. Without those, dumps can be absorbed without the market crashing.

Actually it is difficult to predict the price of bitcoin, because now i saw within few weeks bitcoin is still under $589 to $615, so in this time, on one can predict perfectly. But i believe bitcoin never come back under $500, it is too low price. Also when exchange has been hacked so in that time, bitcoin was not go under $500, so don't think that, but letter bit i want predict that in coming months bitcoin might be go up.

I dont think the bitcoin will go down that fast and that is only because i know what the coin will do in the future for sure allot of peopel are saying it is going to drop allot but i dont think so more users the price wil get higher.

we can't have such an assumption, I think if bitcoin can survive till next year at the range price of $ 550- $ 650. yes we're allowed to think that bitcoin will not fall to below $ 500

Bitcoin will never be down again follow those investors on how they going to work with bitcoins there are plenty more investors are new in bitcoin world and cryptop currency they innovating each other to uses bitcoins and looking for partner to do business with bitcoins

You are right bitcoins price would  never go down again  on  $500  points which is somehow  impossible  to consider to lower its price like that nowadays as you said there are new investors and  partners which   are already adopting bitcoin and  this things for sure  could  rise the price of bitcoin.

I agree it is not will fall to $500. if we predict it will be difficult to fall below $500.
growth of the bitcoin rising steadily getting better and it will continue to help the prices stable above $500 and continues to increase every year.
adopters or investor that will surely grow in 2017, I see as much support of new coins with a nice project and this sure would support higher bitcooin price .

I don't see it coming below $550 and even there ain't any possibility for it to come near to $550 unless there is something strong that happens like a dump or an unexpected event takes place like some hack or DoS attacks...

Bro it's not the true buddy. You have to notice one thing that every weekend price is moving to the 600$ plus and dropping some values in weekdays. Most of the people will Know about that very well.

550 is possible, but 500 is something I find hard to believe. If that price is achieve a lot of miners can't mine anymore which is terrible for bitcoin. So the whales make sure the price stay atleast above 550 dollar, because below that there is a potential risk hazard.