Bitcoin Forum

With the price decrease in bitcoins as on June and July, do you think the price of bitcoin will fall below $ 1000 before 1st August 2017?

Of course not,absolutly not...
How can it go down to that level?if you askes after 1 august it may be,but before 1 august ? No,it's impossible.the reason is very simple.
People don't know about what will happen in august,it's activated or not,everybody hesitate to take action because it's suicide if they sell it now and when august come segwit activate,doesn't that mean they're lossing when they can profiting instead ? So they will make a move between 1 august,because near that point we can hear some rumour or leak about bitcoin development.

Note : We might can not see 1000$ in coming days,but based on chart we can see Bitcoin around 1500~1800$  in the next few days or so

I think the price of Bitcoin on August 1 will not go down below $1000, yes , i guess it will go down on its current price as of now but definitely nit below $1000.

It depend the price of bitcoin up to $1000 it feels how  bitcoin is decreasing it not aug but the price is too low as off three weeks ago ..  What are you going to do before Aug the 1st?

I know that the price is falling rapidly so i guess if it falls below $ 1000 it will be a very good opportunity to buy

I just hope that the bitcoin price in August stays above $ 1800. I think this does provide a very meaningful effect from bitcoin users. Well, not even a bitcoin user, but probably for all cryptocurrency users

Although I dont think BTC would fall below $1000 right now, it isnt really that impossible. Think of the situation when, on August, BTC does fall to $1500. Its at that time when we start thinking its possible.

well its still possible it just depends on how worse things are after/if the split really happens although i'm with the other who have said no because its too low and the time frame

is too short. i guess if the split really happens price will fall and certainly the people will be confused causing the price to fall slowly. you guys shouldn't panic too much, seeing all

these threads about august first is enough for me to think that you guys are also confused and panicking. bitcoin has gained a great reputation among its users, they price will go

back although i really wish that we can avoid the split and go $3K at the end of the year.

Anything is possible. We still have 2 weeks to go before the Segwit2x activation and you will see that bitcoin has crash to below $1900. But for me personally, I don't think that bitcoin can really go down below $1000. The floor price that bitcoin can go is $1500. I believed that since bitcoin has the full backing of a country right now, the price will not go further than that. Look at the current price. It seems to be recovering after a 2-3 days of dipping. So the price could fall prior to Aug 1, but I don't think it will go sub $1000.

Bitcoin still has a high value compared to to its price when 2017 started. I think there is a small possibility that bitcoin would reach 1000$ until august. But let us all be ready and grab the opportunity to buy more bitcoins and wait for it to pump again.

Price have started to fall it might fall more in coming time. Approx 1500$ it could reach if this trend continue. Hope so after that it get stabilized and price move in one direction only which is upward trend. Lets us see in between if we get some good news for the price to rise.

I think the bitcoin price will not fall until it reaches $ 1000, looks bitcoin price now being starting to rising up again little by little. And this time is a good time to buy bitcoin i guess, to gain more profit in the next day when bitcoin prices rise again as before.

The only way I see the price collapsing that hard is if not just one, but several major exchanges suspend withdrawals in fiat without a well-articulated timeline for its swift restoration. Short of that, there's just too much existing investment in the infrastructure of BitCoin for the major players to watch the price go so low without swooping in with massive buys to buoy the market.

It is hard to predict the exact price. I  think the fall is going to continue but i don't think there will be a dramatic fall. i am not expecting under $1000. $1000 is it possible? Of course possible but the probability is not high. After 1 August (maybe after 1-2 weeks) everything is going to be balanced until hard fork speculations.

Well, the right time to buy bitcoin, for future investment purposes, but it seems that the next few months bitcoin prices will rise again so dont miss this good opportunity to buy bitcoin.

Never fall for such disappointment that early. Prices of Bitcoin are nothing but prey to speculations and rumors. That's the reason why you can see $200-500 fluctuations everyday. So if we see the possibility of UASF activation then prices can drastically go very up or down even below $1000 but sooner or later will recover. But if present Bitcoin continues which I suppose will gonna happen, prices will rebuild to $3000 or more through market recovery as we seen in last 24 hours.

I think we need to be realistic here. While there could be benefits there could also be downfalls in august 1st.

Most important of all is make sure you have your keys and store your funds appropriately

I do not think bitcoin prices will drop below $ 1000 if bitcoin prices get below it may be I will invest long-term bitcoin, because I'm sure bitcoin will return to normal

I do not believe if btc will drop to the price of $ 1,000 but all can happen. Possibly when it drops significantly. Many people are stressed with the btc price at the $ 1,000 point

No, it is too low price, I know that bitcoin come back, but it is a least price of bitcoin $1000.Now today bitcoin has again maintain its price and come up at $2017. Then i think now people has face the fear of bitcoin price downing. And now day by day bitcoin will be come up. But if next week bitcoin will again down than the least price will be $1500 in my thinking.

I think that is just too low. Despite the continuous fall, the price still exceeds that of its average from last year.

I'm not discounting the possibility of it dropping to $1000 and below though. What we'll have on Aug 1 is critical to bitcoin's future, some even think it would either make or break it. So it is understandable that weaker hands would start dumping in an attempt to get out of their perceived inevitable collapse.

People snagging these cheaper coins might offset the effect, but we can never be too sure.

Well, you cannot compare the bitcoin price from the last year, because bitcoin price in the last year was less than 1000$ and it find it difficult to cross even 1000$ in 2016. It is this year it rise to 3x of the price and almost touch the all time high near to 3000$. Now again we are experiencing a selling pressure but price is still not down as much.

No i don't think so it will fall this much(i.e below $1000), may be the price level will touch $1500 but not below than this. Only two weeks are left and the price is still upto $2100, lets hope for the best.

1400-1700 levels are possible at the least possible points taken into consideration that if panic sells take place, else it won't be coming down under $2k again and I really feel that there's no reason for us to panic like this but to wait, because this is nothing too drastic to be experienced as we already had such wavy rides before.

First, this is a clear speculation type thread. Kindly place it to where it belongs.

We will encounter some decrease the closer we get to the said date. A harsh drop may also occur when the hard fork will be confirmed since it will trigger fear to some people out there. On the last week of July, we will see that Bitcoin will drop again but I do not think that it will fall under the 1000 dollar mark. 1500 dollar will not be surprising for me.

Unlikely, bitcoin is too strong at the moment to fall below that mark especially before that date, many are fearful of what it may happen after that date not what happens before, there is no risk in the whole month of July that could justify that drop in value.

it won't fall that much but it will be closer on that range. bitcoin we all expecting that the price of it will fall because of august 1st and many people would sell their bitcoin before that date because they're afraid on what will happen on their bitcoin they're just being aware of what could possibly happen between the chain split and other operation will be done on that day so be alert and stay updated on the news .

Why Cryptocurrencies Are Crashing And What To Do About It
posted: 7/17/2017
https://seekingalpha.com/article/4088155-cryptocurrencies-crashing (https://seekingalpha.com/article/4088155-cryptocurrencies-crashing)

The author comments: "Do not make any transactions going up to August 1. This helps to combat uncertainty with regard to which kind of Bitcoin, in case there will be two kinds, your Bitcoin will turn into."

If there is a split to two types of bitcoin (e.g. bitcoin vs bitcoin classic), will the owner have any control over which type they will own?

Bitcoins price will not go down in $1000 anymore .We will only see maybe a lower of $1700 one week before that date .Some people are on panic selling because they haven't have a knowledge on their investment.

Well actually it's not possible that in the month of August , the bitcoin will fall but then it will not fall that much. As we all know the bitcoin is too strong and it is really hard to predict when it will fall because the value of bitcoins at the first day of august are just speculations from others.

Nope, $1000 is too much dude. I think it's around $2000 or even more per bitcoin, actually the price of bitcoin already increase again though. I guess the bitcoins price will decrease again soon when it close to 1st August.

I can't see Bitcoin going to 1k USD or less. We might see a cheap forked version of Bitcoin that might bring around a new group of speculators but I doubt it will affect the main Bitcoin price too much anymore. People know Bitcoin and Altcoins are here to stay for the foreseeable future.

For the past three days the price has form a strong support at $2,000 and have tested this level three times I think price may not go beyond $1,500. I have seen that nothing much will happen in August 1 people are just selling out of panic. In my kind opinion this is the right time to buy bitcoin at cheap price and sell when price get to $3,500.

I would agree with you, volatility is high these days but I am more than sure that number of traders and current volume won't let BTC crash to less than 1,500 and then it will most likely go up quickly again.

The expectation of people that might bitcoin go down for 1500$ but expectation is totally fall down when price soar high again and im hoping that theirs no destruction nor dump will be happen so that we can see many more pumps ahead. And if this pump continue I can say that the fall down will not be huge for this coming august 1.

No!, I don't think it down to below 1000$, because as you can see now the price of value of bitcoin so far in getting higher now.
And I know the bitcoin community won't allow it to be happen for sure.

A set back for a few month really, unfortunately they are serious about the fork and they'll feel the damage to their own business later, but regardless of their intentions price has to crash down in order for market to balance and compensate for the doubled amount of bitcoins, good thing that when they split they'll pump their coin hard to show some strength and that's when we could benefit by dumping our coins on them :D

Below a thousand dollars will not be possible before 1st August because demand is still there as can be seen by the fast bitcoin price recovery and others users are just uncertain with what to do with bitcoin whether to buy, sell or hold...IMO price is stable and anything below this price range $1500-$1800 will automatically invite panic buyers to play

I think that time went because the price is increasing today now the Bitcoin price is $2350 maybe tomorrow it will cross $2500. But we can not trust this Bitcoin price easily better wait for this month end. I am not sure the price will keep on growing or it will fall within August 1st.

Nah it won't happen. Look at the prices now, it is recovering. What happen was a temporary drop in prices and now people started buying when they saw everyone panicking and started selling. We'll likely even see another all time high even before August 1 from what it looks like right now. Though after August 1, I don't still think it will drop as I don't think there would really be a fork that time.

I was waiting for that price drop and honestly not sure if I should be buying now or after the segwit adoption, I can only hope for a dump before the august and the price to go down a little again.

Yes you are right its price will not goes to 1k$ because now its price goes to increasing again, but to me  I think may be the end of this month the bitcoin price goes to decrease 2000$ or 21000$ and its will be the final price of decreasing and will no more decrease below 2000$ before the segwit. And more you are right that those people sell their bitcoin now they have no more knowledge and no more skills about their investment that what time is right to sell or buy btc.

Dump may not happen after August 1. Bitcoin is trusted currency all around the world. As you know the prices goes up once again. It is kind of market in which these issues happen. Try to collect more bitcoin and get an advantage of it. Because it is only the last time that bitcoin is once again giving opportunity to people to buy below $2500 levels.

I guess before august 1 price may reach above $3000 also. Because the threat on chain split is fading away slowly now. We can expect bitcoin will be staying stronger in coming weeks.

If from July 20-July 28 the price of bitcoin will be on dip and it is slowly moving upward. We can expect the price of bitcoin can be back at $2,500 there's going to be another one thing that we need to wait, once the chain split isn't going to happen anymore. For sure there are a lot of buyers that will buy volumes of bitcoin for the believe price will become higher.

Of course not. I don't think that bitcoin is going down anytime soon because of a long-term trend of growth of this industry.
p.s. There is no chance making big money on an event that everyone has heard about and been waiting for over a couple month in advance.  

No chance.Rather bitcoin price would increase to $3000.Bitcoin price is $2474 today and more chances are for it to increase.This price range is also due to some big whales dumping their huge volume of bitcoins as a last chance to make bitcoin price fall and buy cheap bitcoins before it skyrockets after august 1.

No more chance of BTC price decrease till 1000$. But may it will decrease till 1800$-2000$. Because as we can see today price around 2500$ but before 2 day only it was 2700$. So now price going to decrease.

The price of bitcoin as of now is down but if you see the price as of now its good because at 2500 and I believe after august1 maybe the price will become  3000 dollars and I think it will sure happen because they dont have doubt in the mind of the investor. So those people want to invest you can buy but invest only you can afford to lose dont invest all your money and after august1 you can buy more bitcoin

Before August 1 probably price of bitcoin were play on $2500-$3000 but I was believe that after segwit price of bitcoin in the market was rapidly raising up.

We don't know exactly what will be the price of bitcoin but for now we are seeing price drop from $2800 few days ago and now the price is $2490
Looks like there are whales are starting to sell bitcoin gradually just to trigger panic selling.
Hope that the price can stay long with $2500 before august 1.. 
So that we will see the price increase to $3k above and few days more we will see if what actually the benefits of segwit. .

Well most of people are afraid of what is going to happen to bitcoin after segwit on 1st of August including me. But i am certain that the price of bitcoin would go down before that, and how much would it go down... well i think that no one can predict that. I guess it would go down up to 1000$, but not lower than that.

i also think that bitcoin price is not going to decrease too much. i think it will stat at 2500$ tell 1st August and after that it is going to boost again and will easily cross 3000$ in next few days.