Bitcoin Forum

Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.

Personally, I don't believed that it can go down to $1000 level. Japan and other nation now are investing into bitcoin.

The scenario is possible, yes, I agree. But it will take what negative impact to begin with?

Casual investors like many of us, has trusted bitcoin more than even as compare to the previous years. Yes, I also understand that we should only invest money that we can afford to lose. Thanks for the advise mate.

Most likely - no. It is too big to fall this low, the momentum got too serious nowadays.
I understand your question as you would like to buy some BTC but dont wanna do it now for $2k, and hoping it will drop to 1K for a period of time so you can invest, right?

Yeah, i want to do it too, but I am really afraid if we dont buy for 2k we will eventually do it for 3k =(

If you compare the movement of the market back before at 2013 and todays market trend there is a huge difference. 2013 bubble was caused by the big whales in the bitcoin industry that are hyping the price of bitcoin while the price inflation today was caused by a higher demand of bitcoin due to the increase of users. We may say that the increase in bitcoi users was due to the adoption of bitcoin in Japan. Next month Australia will also adopt bitcoin and we can expect a huge spike coming to bitcoin.

There are always altcoins people can move to, it's something we should consider so BTC price going only up is not guaranteed

The "1000 USD again" scenario will happen only after a hardfork.
I don`t think that this is a bubble.It looks like a steady growth forced by mass adoption of
bitcoin is Japan and some other Asian countries. 

yes we are not going to pass from any previous experience any more. i know that the price of bitcoin is trading so high, but the price of bitcoin have still the capabillity to increase more, but the price now can take some correction, and the price can drop some points but we cannot call it as panic selling because after that the price of bitcoin has to start increasing again, because it is expected that the price of bitcoin can cross 3000 USD level at the end of 2017.

I think that this year there is no longer any concern for such a sharp decline in prices. After the recovery, the price is constantly growing and there are prospects for even greater growth.

Any body in the crypto world long enough will know that nothing is impossible and even the $1000 you are predicting, the price can even go below that in a matter of hours and even return to the high price in that same hour. So we don't need any one to tell that story or reminder. Its an implicit risk we are willing to take and that's why we are here.

It is possible to lower to $ 1000 if any altcoin exceeds in capitalization to bitcoin, would be the end of his reign

You can lower it to 1000 $, if some altcoin takes its place, bitcoin is the first but not the best,
      That's why it's good to diversify, and not just focus on a coin

seriously? well most of those coins that has been created really wanted to be more useful than btc but like what you have said btc started it
and we can't change the fact that btc already gain attention moving down to this level will need some serious news.

Yes, it can go down to this mark only not now. While it is rapidly growing and developing, but if the speed of operations does not improve within a few months, users will have to move to another coin, which will reduce its price.

I'm assuming sometime soon we'll have a bear market for a month or two but after that we'll break new ATH records over and over again. This bull run has been amazing so something has to go wrong soon. Maybe an exchange goes down or satoshi wakes up from his cryogenic chamber and sells off his bitcoins.

Like it or not, we're all having some sort of insecurity about what lies in the future. This is still very much uncharted territory and we hope that we are part of something that's going to be big, something that's going to stay. But yes, if we're invested (time or money), we have to temper expectations with a bit of prudence. Either way, what a ride this is turning out to be, eh?

This time, Bitcoin has matured.

It doesn't matter whether there's going to be a bubble in the near future - there might - but even if there is, it'll be a speculative bubble based on real knowledge.

Actually, the most important thing to note about the current situation is that the Bitcoin search volume is still much lower than in 2013, but the blockchain search volume is much higher than then (https://coin.dance/stats#bitcoinChart). 

This shows that people's attitudes are maturing and centering around the real potential of the technology rather than the basics of how to use it for now.  It also shows a growth in institutional investment rather than weak hands who will drop out in a year.

It might not go down to $1000, but there WILL be some profit taking, there always is. Note that some issues still haven't been solved: you can't withdraw BTC from the chinese exchanges (it's been that way since feb), the mtgox coins might come on the market, they might be solvent at this level, and so on.

If you invested $1000 when the price was below $1000, cash out some of your state and bank those profits, and let the rest ride.

i do really expect this thing to happen anytime that the bubble will pop.out and it will down soon and we should really be ready on that one but going back to $1k would really be hard to believe seeing on the current pricepoint going back to less price but going that lower again seems impossible.lets just go with the flow as of now but we do ready anytime to happen on the price.

The price may drop after the bursting of a bubble or the dump I've seen someone speaking of here but even if that happens I doubt that the price will remain around 1000$ for some longer time. You can always use the alt-coins. :p

bullshit.
market cap is just a meaningless number that is used to fool newbies with. and it is a way to attract them to buy the shitcoins so that the pumpers can make more money while the gullible buy their overpriced coins.

and as you can see ripple has already gotten bigger market cap and it is still the same shit as it was before without any usage. and meanwhile bitcoin has still be rising, ~$300 up from this picture.

https://i.imgur.com/65bph0a.png

That will be good if the price will go back to that price. Right now bitcoin is facing a problem. The transaction fee is getting huge. The price of bitcoin pumps a lot. The fee also increased. I dont think that's fair. But bitcoin is very strong to drop like that. Maybe $1200-$1300 a piece is a good buy. I don't think $1000 price is possible.

I don't think it is a bubble because if it is a bubble then the price will go down even after the $2000 price but there is no hard dump so i think the price is real and it will not burst down until the whales will sell.

I dont think that bitcoin price will go backwards again at 1000$ ,  All i know is that 2000$ is the possible stable bottom this year and 3000$ before this year ends is real.cant wait to see it.

1600—1400 is the worst it can reach. The higher the new highs it makes the harder it becomes to reach it old lows. Just my thoughts though

I think this year it can drop to the maximum to 1500, but by the end of the year it will grow to 2000-2500. Thanks to this price drop, it allows you to buy coins cheaper and earn money.

There is always a possibility but the question is the percentage of that possibility.  I do think that there is a slim chance for bitcoin to go back to $1000 since it had breached $2000 today in some exchanges.  Unless there is major FUD to make bitcoin price collapse, we can only see an uphill climb of bitcoin price.

Bubble? We aren't in a bubble. Not yet! But it may happen. And after this bubble pops of course Bitcoin will correct.
If we bubble up to 10k and correct hard down to 4k or 5k I can live with it.  ;D

Don't confuse yourself with bubble and systematic inflation. Bubble refers to price increase due to high temporary demand in short-period (mostly due to speculative reasons) but systematic inflation occurs when bitcoin reaches new population and demand opens in new areas which is relative stable.
Presently, systematic inflation occurring around the world which is relatively more stable than bubble economy. However, it is also subject to increase/decrease due to big buzzes like Chinese Exchanges being reviews, ETF being rejected, etc.

Offcourse there is a bubble, only reason it didn't dissolve yet was because a lot of Japanese money was flowing in, still is.
The moment that stops a correct is bound to happen. But don't believe me, use history as your guide. And history will show you in 100% of this kind of scenario's a correction happened.

Yes I agree there is a lot of difference in the situation today we have and what there was in 2013.
The market at time was no doubt manipulated by the big whales; we can’t deny the fact that we still are surrounded by the whales but the situation now is different for them as now various countries are accepting the Bitcoin.

In Bitcoin, everything is possible.  Bitcoin is in the speculative market, meaning price is driven by speculation.  At this point, bitcoin is in a hype rally, several countries accepting bitcoin and major company flocks in, so definitely price will increase but once a stronger FUD is released, we can see bitcoin crumbles in an instant. So I guess it is still possible to see $1000 btc.

Nicely said, with bitcoin anything is possible, and that goes in both ways, that means we can see a drop on 1000 but it can goes to 3500 dollars easily. To be honest and you can see that in my post history I thought rise will stop long time ago, now when I see the price of bitcoin I can't even predict when will this rise stop.
Risk and make money, be patient and save what you already have, what is the best to do is individual decision.

This is 100% Organic growth... no bubble at all

I agree, there is a reason why bitcoin price is increasing.  It is not the same as the year of 2013 bubble event where bitcoin price increases without any reason.  This time Bitcoin increase due to several adoption in every corner of the world.  Aside from that the major company that will come into Bitcoin economy brings fresh fund to puch BTC price even further.

As earlier people have been talking about it that the bubble is going to burst and the BTC is going to come down and stuff like that while neglecting the fact that the BTC price is related directly to its demand in the market because of the limited supply. I don’t think the BTC will come again to $1000.

Probably it may reach $2000 levels but I am sure we are heading toward $3000 levels which most probably will be realized by first week of June month.

The price of bitcoin is going high up due to the high demand of bitcoins in the countries like japan ,china.It might happen that the price of bitcoins would continue to rise till it's demand is increasing and it might so happen that the price of bitcoins would be more the reserve bank worth.

I think this is unlikely, but I would not advise anyone to invest if that person was not prepared for such a scenario.
A new technology like Bitcoin can face all sorts of scenarios on the market, and even if you have accurate analysis techniques, it will be hard to know for sure where that goes.

I have not yet figured out the conditions that may allow Bitcoin to fall below the level that is already there, but definitely I know that in order to be more confident in the future, Bitcoin should be used only as a means of earning, and invest something more suitable for Real goals.

It has burst! Bail the F out and take profits while you can! Don't be the last one holding the can!

Yes I totally agree with you as said how the price could be getting low that much while there is no reason for such things to happen. The price increase is basically the strength of the Bitcoin that it gains by the acceptance of the people around. The more people accept the BTC the more the price increases.

I estimate 4-5 billion / year is a market-cap that is sustainable by current usage of bitcoin.
The remaining 35 billion market-cap are pure speculation AND the value of potential future usage.

Drug trade alone should enable bitcoin to keep a market-cap in the low billions.