Bitcoin Forum

Can bitcoin drop to $3000?

I guess everything is possible with BTC, the best like the worst. However, dropping to 3.000 USD can be a good thing for investors  ;)

The average price at which the survey respondents said that they will sell all their Bitcoins is $196,166 per Bitcoin. This represents 30x the value of Bitcoin prevailing at the time of the survey. It is to be noted that this is the price at which the respondents will sell all their Bitcoins. Almost a third (32.62%) have sold some of their Bitcoins since they started investing. It is tempting to book profits, given how the price of Bitcoin has rallied in the last year.

Most of the respondents plan to hold their Bitcoins at least one year, with only 16.49% planning to sell sooner than that. According to the survey, 21% of Bitcoin investors plan to hold on to their coins for at least seven years, and 11.7% say they will hold the currency for 10 years or longer.

Certainly not.There seems no possibility of dropping down to such a price within this year.Earlier this year,there wee two situations when it could have happened.First when china banned ICOs and took strict actions against bitcoin exchanges.Second,when BCH was vigorously pumped and miners switched to mine BCH and investors started moving to BCH.But in both the situations,bitcoin survived.So,there seems no immediate threat for bitcoin now.

I expect it to happen at the moment, so I can buy cheaper and get more bitcoins, but I think that's just my imagination. It seems like it will not happen again, the trend is on the rise, people's interest in bitcoin is getting higher, so it seems impossible to return to $ 3000.

No certainly not seems it because it demands all over the world is increasing and people are investing a large number of bitcoins in it so it sems that price will be rising but fall to such level as you mention.

all possibilities may occur, the rise or fall of the bitcoin price is very likely to occur. so why not bitcoin can go down to that level

If you ask me, it's possible that it could drop down to that value. It's cryptocurrency were talking about here. And all cryptos are volatile in nature. One day, its value is on the roof and then the next day it could fall down like a plane losing an engine. But if you take a look at bitcoin trend right now, I can honestly say that it is highly unlikely for it to drop down to that value. A small drop maybe, but not to that point. So for me, not impossible, but highly unlikely.  

It can go to 0

Everything is possible but it is right time to buy bitcoin because it is cheap and it will back flying high to the moon.

I am dam sure it's not at all possible.Why I am saying this is by seeing today price of bitcoin.It's around 7.8 .This is the imagination for all the bitcoin investors including myself.It's not possible to see 3000$ back.If it so all the investors get Happy for that, because it again raise back.

Unless major problems occur, I cannot see it falling that low. I think we are past that stage now, we should be thinking about when we will reach 5 digits.

As per the price right now I think it would be hard to go back again at that price or value. Mind me mate bitcoin value will keep on increasing.

There is a ossibility that it may happen in the near future, we cannot predict what will happen. But for bitcoins unstable pump and dump now maybe it will reach that low amount or worst lower than $3000. Lets just hope it will never happen.

I think it has a small possibility, because the demand for bitcoin increases steadily, and in my opinion it will make the bitcoin price not go down too far,

Are you living under a rock? Did you see that the price has shoot up already? Go to bitcoin cash its not even reaching $3000 yet.

Bitcoin will not go to $3000 that price was hit already around August and I don't see anything that will influence the market to go down to $3000. So much money have been flowing in the market that every investors would go buy whatever the price of bitcoin is. Demands are increasing everyone wants to get a piece of the piece now. We are already targeting $10000 before the end of the year. So its unlikely to hit $3000.

A correction will come - support level may be 5k$, if that level breaks we might see 3k$ again, odds may be low for that to happen, but ill give it a solid 5-10% to happen withhin the upcoming months

Agreed and they will just low the price for opportunist to buy bitcoin and to maintain it in the market. Because if it goes down like that, many of the altcoin will be affected and many traders will trade their altcoin to bitcoin and it wont be really good because many bitcoin will come out from nothing.

I am confused.But this time Bitcoin price is incresing.I think in December it will gose to $10000.So i think bitcoin can't drop to $3000.

Happened once couple months ago... so possibly could.

But the way it is growing currently, it may never go down.

That's the crypto market place anyway, you really can't predict too much into the future.

I think that bitcoin can drop to a maximum of $ 5,000, but this is also unlikely. Most likely it will grow to 10,000 dollars.

If it enters a death spiral , it can go to ZERO.

I do not think that's possible. because the bitcoin price is now at $ 7500, If it happens hardfork, I predict it will only drop $ 1000, then after that will rise again.
I like the bitcoin price at the moment, especially if I have bitcoin in my wallet.

I do not think it's likely to happen. because of the higher bitcoin demand. and in my opinion it will make bitcoin not go down too far, even though bitcoin price goes down, it will rise again and higher than previous price,

All is possibile in this strange crypto world :)
But i think that the price can't drop to 3000$ , as we can see the price is growing up again (almost 8000$)
Maybe in the next year... but i think that at the end of this year the price can reach 10.000$

In the cryptomir everything is possible, you need to be prepared for any outcome of events, maybe $3000 and $20,000.

you need a reason no matter it is about move up or crash to the lowest.

the next question are what could makes bitcoin drop to that price? lack of interest?low demands? it makes sense with that reason but again what makes people did not interested in bitcoin anymore? a mass ban? okay it might happened. but can you see all of that reason could come true so far? i don't think so , the market are bullish!

has many positive news and China is not as influential as it was in the past. so we will not see $3000

https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kYTI5Y2ZiYjliNmM3YjkyNjIwYjI3NDk4NDBmMGM2Mi5qcGc=.jpg

" Waves of good news
However, Bitcoin Cash began rapidly dropping from its nearly vertical price ascent, miners came back to Bitcoin, and the transaction backlog subsided. Bitcoin’s price began to rise, and as good news arrived, the price moves became even larger.

What good news? Well, the British hedge fund Man Group, with over $100 bln in funds under management, announced they will begin trading Bitcoin once CME’s futures market is launched. Immediately following this, Payments app Square announced its full integration of Bitcoin into the payments platform. The company stated:

“We’re always listening to our customers and we’ve found that they are interested in using the Cash App to buy Bitcoin. We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here.”

Square’s market capitalization swelled from $15 bln to $16 bln following the announcement, so Wall Street is apparently just as pleased as the Bitcoin community.

Coinbase Custody
Adding to the good news, Coinbase today announced Coinbase Custody, a Bitcoin storage service intended for hedge funds that might want to invest in the digital currency. Coinbase’s announcement states:

“Over 100 hedge funds have been created in the past year exclusively to trade digital currency. An even greater number of traditional institutional investors are starting to look at trading digital assets (including family offices, sovereign wealth funds, traditional hedge funds, and more). By some estimates there is $10B of institutional money waiting on the sidelines to invest in digital currency today. When we speak with these institutions, they tell us that the number one thing preventing them from getting started is the existence of a digital asset custodian that they can trust to store client funds securely.”

The announcement continues, describing the benefits of the service:

We are designing Coinbase Custody to meet the needs of institutional clients. In particular, we feel that institutional clients require:

Strict financial controls (multiple signers, audit trails, limits, etc)
Dedicated account representatives and phone support
SLAs on funds transfers
A regulated digital currency custodian
Multi-user accounts with separate permissions
Support for a wide range of digital assets and currencies
Insurance (in some cases)
And high levels of cyber and physical security
The new service is expected to launch in 2018. "

Goldman Sachs Predicts Bitcoin Price Consolidation Around $8,000 Before Continuing Up
 (https://cointelegraph.com/news/goldman-sachs-predicts-bitcoin-price-consolidation-around-8000-before-continuing-up)
Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction
 (https://cointelegraph.com/news/bitcoin-bulls-get-more-bullish-ronnie-moas-revises-bitcoin-price-prediction)

Nope, it is impossible, it is more than 60% of the actual price, if we just see that pump it means that it happened because the market has been fluctuating a lot, and probably the bubble has crashed.
but no, it is not going to reach that price because it is impossible, if it happens then everybody would lost their faith on bitcoin, and of course that all of them will try to withdraw their bitcoins because they are scared about the situation, and it means that it will still drop more.
But no, it is not going to happen because we are still going up at the moment, and it is a not-stop situation.

I am happy you already assumed it to be your imagination, because there are just some things we do wish for, but we know right in our minds that it is so impossible as the chances of getting them are extremely low.
If anyone is wishing for $3000, do you know the number of people on ground right now wishing someone could mistakenly dump theirs for just $5000. That is the fun and the reason why you should forget about $3000. If you see at $6000 right now, you should better grab it with speed.

Despite the fact that every thing is possible in crypto currency i don't believe that Bitcoin market value Will decline down to  $3000 before end of December this year. But rather it will continue to increase to maybe  $10,000 before end of December this year.

No bitcoin wouldn't drop to 3000$ because it will continually increase. Bitcoin now is increasing up to 8000$ so I don't think so that it would drop to this lowest price. Just be positive always that bitcoin will continually increase.

if we're talking about the possibility,
of course it can hit that level or even worse than that.
but if we're looking at the fact right now,it's very unlikely because right now the demand ridiculously high.
which mean when the price is dropping,people will treat it as an opportunity to get into it.
also Bitcoin has its own usability compared to other and have its own advantage,
other than that goverment trying to regulate their exchanger,
that mean they're also trying to get involved into it and if something will happen they will make a move.
so in the end the chances to see it around $3000 is nearly zero,but it still has a possibility.

Yes , of course everything is possible , if for now Japan won't accept Bitcoin in payment anymore i'm sure with you Bitcoin will drop the price at 3k$ .

There's a possibility but it's unlikely going to happen at this rate. Bitcoin has a strong demand now since it was covered and discussed through mainstream medias all over the world.

Even there's a possibility, I doubt it that it will be dropping back again at $3,000. I'm not even thinking that it will be dropping back at $4,000 nor $5,000 even it was seen at $5,900 together with the bitcoin cash pump.

Bitcoin is the best coin to invest and in the future it's value will extensively grow and no one can stop it even the banks.

Bitcoin price to 3000 dollars seems like a joke. It seems to me that the initiators of such fakes do not think about validity. They just clog up all media fakes. The true supporters of bitcoin this does not work but all the newbies who just started to try to use bitcoin panic and sell their coins. They always become easy prey for the whales.

nah it will never drop to $3,000 that's impossible, many people are using bitcoin now ,if you see the bitcoin price right now, that's proven that many are bitcoin users around the world and its still increase in a month.

Yes, i cant imagine it at all that it will hit $3000, what people think when they see it is a damn cheap bitcoin, even if it only touch $4000.

I can imagine it. The scenario that I imagined when this happen is the hacking of many major exchanges now like what happened to mt. Gox but it is impossible to happen soon. Another scenario that I imagine is a scene similar to the last one but instead of exchanges being hacked, it would be massive hacking of wallets but like the other scenario, ot other bad news that will affect btc market on a major scale, but it won't happen soon. Like you said though, it would just be a good entry point and rebuy point for all of us.

its possible, but for now is difficult.. the bitcoin price always jump to up and maybe i think the next years will be up to $10000
looks like crazy but its true

Definitely not now.
Bitcoin has strong a support at $7.5k and $7k. Demand growth is genuine. If BTC didn't drop during whole BCH drama to $3k then I don't think it will now. BCH claimed to destroy Bitcoin and being the better version along with huge pump. But you can analyze the price action now. BTC was able to maintain the price and is back in bullish trend.

Good for the new investors but lo, that wont happen , i think, $3000 is to low. $7K has been supported by lots of people. Its bullish for BTC now despite the BCH threat to put the BTC down.

Everything is possible...But seeing the market scenario and growing popularity of BTC, I don't think now it can drop that much in near future. I take $6000 as a strong base for BTC. Seeing the bullish nature it can easily cross $8200 by the end of this year.

That is a stupid thought, Bitcoin will not be able to $ 3000.

Amazing. Last week it was $5500 and the whole forum was filled with fear that Bitcoin would cease to exist. And now they say it's going to $200,000. Fickle people.

8200 dollar by the end of the year? There are 1.5 months left to end of year and now the price is 8000 dollar. Much higher prices than 8200 are reachable. The price might reach 8200 dollar in a few hours.

I guess the support is at around 5000 dollars, but everything is possible.
I personally think it is very unlikely that Bitcoin would go so low. I think at this point the market is not only made up of users driven by FOMO and looking for quick profit, there is a lot of institutional money coming in, and this should be included in the equation.

It's seems to be like that only.Now the price of bitcoin is 7900$,in two to three hours itself the price will reach 8000$.At this year end the price of bitcoin will be 8500$.This includes of fluctuates of price at the fork .If the price fluctuates Less than 6500$ means,just use the time to inverse in bitcoin.

Any thing is possible in trading. In fact bitcoin price can even drop from that level. we have very good examples from the past when the price of bitcoin has drop more than 1000$ in a single day. But currently as people are more excited and interested in bitcoin, therefore we do not think that bitcoin price can fell down to such a low level.

I think best possibility was last week price drop, when China boys were attempting to defeat Bitcoin with their invented Bitcoin_Cash pump.  

It can happen and the possibility is there but it won't be getting back again. Bitcoin is good and stable at $5,000 - $7,000 for now if ever bitcoin will be dropping again or there is another drama soon we can't expect it to see at $3,000. I know the feeling that you are craving to buy a very cheap bitcoin now as the price is totally expensive but the dip that happened recently because of BCH pump was the best time to buy.

That is highly unlikely. Bitcoin right now is over 7000 USD. But is still possible given that bitcoin is still unpredictable.

At this time it's not gonna happen because the bitcoin price now is increasing though the price will fall again it will not reach to $3000 since bitcoin has many investor so the demand is still high that's why the price will continue to rise.

Who knows?  BTC is a trend, and will disappear any day now. Any day... ;D

The price of bitcoin as of now is 7700 dollars so if yoy have extra money in your wallet right now invest your money in bitcoin and for sure your money will grow because the price will increase more.

I dont think bitcoin price will decrease at 3000 dollars maybe in the future it will happen but in this year and next year I think its impossible to happen. But we dont know when the price decrease again .

Bitcoin can experience price dip, it is very possible. But I think as of the moment it will not drop at that level, more people are getting involve in bitcoin industry. And the demand is very high, so its not possible FOR NOW. But in the future we cannot really give even a cloae prediction anything can happen in btc.

Everything can happen to bitcoin. So a very high price decline and also an impossible price increase is very possible to happen. But think about how these opportunities can happen, to see the current state, I see that bitcoin is undergoing rapid development and also the demand for bitcoin is always increasing every day. So the biggest possibility of that conclusion is the rise in bitcoin prices, now we also have a high sense of optimism when we see more and more people interested in using bitcoin. This is really amazing and I feel that this is an era of technology and bitcoin is the star.

Bitcoin will be shorted down to very little to cause panic and then the buy in will be made buy the futures. All traders I speak to say its a huge bubble. Not sustainable with the current fees and lag time..But when it does sink then the buyers will rush in..Just like in the dot com bubble..Domains fell to next to nothing and then skyrocketed. Ask Frank Shilling.
"You may be right
I may be crazy
But it just may be a lunatic you're looking for
Turn out the light
Don't try to save me
You may be wrong for all I know
But you may be right"

Thinking about bitcoin dropping at $3,000 many will be panic selling if that happens it may be a group or whales out there that will ride this thing.

But the thing is that when people are seeing a chance to buy more bitcoins at a very cheap price they'll won't hesitate to take their savings and buy for themselves.

This is how people move now when they see the price cheaper and after massive buy orders it will make the price of bitcoin increased again.

Unless some crazy shit happens that caused a huge panic, then I will say you should keep dreaming because there is absolutely no possibility of that. Have you seen what American investors are saying from the surveys ?
Then you should know that bitcoin's price is undervalued at the moment and there is so much increase coming up for bitcoin in the future. Stop thinking about a low value like that, buy now and look into the bright future ahead.

well, nobody expects it. but, of course bitcoin has that potential. and of course it will affect many things, especially altcoin. when that happens, a lot of altcoin has the potential to rise above the bitcoin price. such as Bitcoin cash.

Yes and honestly even lower than that. Everything is possible to happened and going back to $3,000 is closed to reality. Now what should be some of the reasons why it can happened?

- FUD that is not really a FUD

- Negative news that wrecked people's moral that's why they dump their coins

- etc...

But on the other hand, it doesn't mean that a price crash will continue since $3,000 level is still 4 digits and can considered as decent price of bitcoin. What next after crashing $3,000? We don't know...

Yes the possibilities are really there because bitcoin value is unpredictable and unstable anything can happen to it at any time this things maybe normal for many as a part of bitcoin activities but for some it is something they are afraid of. Bitcoin value can increase so high and can also decrease so much but the good thing so far this cycle always end up with bitcoin having a much higher value in the market

I don't agree with your opinion. If there is such a drop in the price of bitcoin that most altcoins will not survive. They all depend on bitcoin. It seems to me that while bitcoin will go down some altcoins will die and their capital is to stop the decline in the prices of bitcoin. I don't believe in such a pessimistic scenario. Bitcoin have very big potential.

it is volatile but there should be any issue on bitcoin find the value as that much low as op expected.
If you think that bitcoin price is not sure according to your view means you should keep away from forum by earning bitcoin go to invest on fiat.
I hope that bitcoin will bump more than we see in the chart and the value will be in the 10k USD before this year ends.

Every attack on bitcoin has really shown investors the level of the strength bitcoin community has and that obviously is making the market a very interesting one to move into right now. Even after the China's FUD, the little impact got filled up quickly as most people saw a very good chance for them.

That is something that would hardly ever happen again. The market is getting extremely solid right now and there is no way the value can get that low ever again.

Bitcoin strength comes from the community and that is what makes it what it is today and as long as there would keep being investors that would want it to work against all the pranks and attacks of government, then there is no way bitcoin would get to that level. The reasons why we have been having so many corrections right now is to test the support and so far so good, the support is growing solidly stronger than years before.

It may drop for short time due to a turbulence, similar to recent attack from Bitcoin cash developers.  But them regain.

BUT it may go to $1 million ! 

https://bitcointalk.org/index.php?topic=2445846.0

:D

Do you think it would even get lower up to that before investors see a chance to quickly pick up ? There is a way market works and unless they create a huge FUD that caused a very serious impact which I doubt can ever happen at this stage no matter the FUD, then there is absolutely no way the value can get as low as that. You will be extremely lucky to even get it at $5000 right now.

The demand is pretty high right now, the big players are getting interested which in itself will cause more adoption. How then do we expect that such a value at $3000 can ever happen? There are some things we should not even bother wishing for anymore, and rather than wishing for a lower value, it is best to buy now and join the investors who are wishing to sell their coins above $190,000.

It can if all hodler suddenly sell all their Bitcoin and cause a large scale drop in pricing. As of today, there are no indication that the price will go down up to that level. No forks ahead and Bitcoin is now gaining a stronghold in the world due to its features.

It is just a possibility and that event has has a very low percentage to happen.

Wow, that might happen only in your dreams because there's no possibility. Bitcoin is now stronger than ever and I see no way of it falling down back to $3000.

AT present situation the chances are slim unless if US or Japan bring some stringent policy which could impact the btc demand and the price. Also Christmas is around the corner and prices are set to take a further rise unless some world wide negative news is around which can bring the price down.

Majority will say that $3,000 is low now from the current price. There is still a chance that it can drop too low and quick but I'm not confident if ever that happens. I want bitcoin to stay on it's new floor of $8,000 and the chances of what I can see of seeing it right now is .... I can't give a definite percentage or ratio of it's drop to $3,000. Let's all be happy that bitcoin is reaching new all time high's.

It's not at all possible to change of 3000$ ,now the value is 8100$.Are you saying there is 5100$ reduce in a single day.It takes month to this happen.Rome was not built in a single day.The price raise takes a 5 months.So the price of bitcoin will not reach 3000$ in single day.

we cannot say that it has a very low percent to happened cause that scenario already happened  on this month but after two days .  Or three i think it recover and surpass 7k again . So maybe it will happened again maybe not know maybe soon when there are some causes that can make some panic selling from the market . Or maybe another reason that can make bitcoin value  back to 3k.

I reason with you to some point. However, one thing we should understand is that, there is some certain level of FUD that would really shake the bitcoin atmosphere that huge. Most people have known better these days than to believe in FUDs and most of the ones that have happened in the past, just kept creating a stronger community.

Except we end up having an attack which basically will evolve from exchanges, then I do not see how bitcoin would get that low from FUDs at this stage.

Everybody is looking upward now and $3000 is looking less and less probable. Maybe we should be cautious. On the other hand, with too much caution you'll miss out on these massive gains.

Bitcoin's value is surely unpredictable and there are some things that we may not expect but can end up happening. However, unless people totally lose trust in bitcoin, I doubt if we can see such a scenario playing out before it gets taken back by the stronger hands. We are the ones that have placed that value on it and unless it seems invaluable to us anymore, then why would anyone want to dump ? FUDs can only create very little impact at this stage.

As we inch closer to $10000 this year, the price getting down to $3000 is very slim. That would be like more than 50% of the current price so its unlikely to happen. A simple drop of 10-15%, people are already rushing to get and buy bitcoin because most of us really feel that bitcoin's future is really bright. And even in such an attack that we have seen Bitcoin Cash try to pull thorough, bitcoin didn't nudge although the price went to $5600, investors are really quick to think the opportunity to get it back while the price is at a discount. So in my opinion, we will not get bitcoin going down again to $3000.

We can't certainly deny that bitcoin will fall back anytime because of being volatile, but I really don't think that it will fall deeper into $3k. I can't imagine if that will happen to bitcoin since we are almost to $10k target possible to happen before the year end.
We just think positive and always keep moving forward. Though we can't ignore of some hardfork on the coming days but still I believing bitcoin to go further as everyone expected to happen with bitcoin.

Bitcoin going to $3000 is less likely to happen. Your chance to buy at your target price seems impossible. Just wait for the next drop but don't expect you can buy at $3000.

Of course it can be But this case will only happen in next 100 years or more when total supply amount of Bitcoin is mined out or something bad will happend and have a huge effect to Bitcoin price. But we still need to wait to see what will happen to Bitcoin price when 21m BTC is mined out, maybe it'll decrease or maybe it'll increase. Nobody know about this case which will happen in next 100 years or more :))

I doubt it that bitcoin will be less than $5,000 or will be getting again on that $3,000 price. It has gone so far and though it's possible that it can be back there but if we will connect what's with bitcoin now, I really doubt and will never believe it will go back.

Yeah and just being realistic and with the current price it's too far to fall in that price.
Many are wanting bitcoin to fall so they can buy in low price and have a good profit but to think that it's too much to aspire that. Just wait for the upcoming correction after bitcoin hit its new ATH.

After all the pumps and all that, it could certainly. If you look at bitcoin pumps back in the year 2013 it basically from $100 to $1100+ back to $200 or even less. The same could happen to bitcoin in 2018, nobody knows.

$3000 is still a huge increase from the $400 that we've seen last year as well.

If it does go that low, keep buying until it goes up. It'll eventually.

From currently price, I don't think so, I'd rather think it may came down as 6k again but nothing close to 3k.

There is a  possibility it may occur due to rise or fall of the bitcoin price, but I don't see it going down below 3K again. If that will happen, I can't wait to buy!!!

That's impossible, I think bitcoin price will continue to be away from that, even I'm more suspecting it will continue tend towards the altitude as time goes on. But maybe if it got decreases, I think it will not touched $3000 anymore, but maybe at least it might be $5000 I guess.

Do you know what caused that drop? Although I was aware of the Bitcoin ATH price back then, I didn't follow the events closely enough to know what happened.

At this point wherein its market value is continuously increasing and becoming more expensive, it seems that it is not possible for its value to drop that much. Ofcourse, fluctuations are normal since Bitcoin is volatile, its value is always exoected to fall but I don't really think that it will be as low as 3000 USD from a current value which is really close to 10000 USD.

Anything is possible in bitcoin world, but I will prefer to see bitcoin climb to $30,000 instead of dropping to $3,000  ;D

For dropping that low the possibility is very slim, now bitcoin is on uptrend, even with correction it will only hit 7k or 8k, dropping until 3k is a bad sign, the investors will take a really close to bitcoin if that scenario is happening, because if we see the growth chart, bitcoin never down so drastic

Yes there is a possibility that bitcoin will drop in that amount but at the currenct situation in bitcoin it will hardly to deep because value of bitcoin is contonuous increasing due to constant adoption in every country that is why demand in bitcoin are increasing and it will reflected to its value.

Its possible to happen due to bitcoins price were very volatile but as of this moment that its price surpasses to $10k theres a little possibility to dump to its lowest price the more that its already known and other countries legalizes bitcoin and uses it theres really a smaller possibility, buy if that would happen its another opportunity for investors to invest bitcoin when it decrease $3000.

bitcoin progressively weeds out the sellers

There can happen, but it's hard to drop $ 3,000 to the present situation, because now there's good news about bitcoin, companies
and investors are planning to invest in bitcoin and a some countries adopting bitcoin, the demand for bitcoin is increasing and the
 price will reflect that situation. I think  bitcoin will not drop $ 3,000 .

Slim is a rather pretty word to use, I would say it is impossible. There are some things that really should not be expected and if someone here is still holding fiats and waiting for the $3k mark before they buy, I guess they will have to wait to tell their kids the story why they did not join the rest of the world when they were buying now.

There is just so little to go around and a lot of big investors are really finding bitcoin interesting right now, so to see a value like that, except if there is a war on bitcoin, then it is impossible.

It could happen if we are affected by the false issues that say bitcoin prices will go down and we sell panickedly without thinking about the impact that will occur, it is actually the decisive rise in the price of bitcoin is our own behavior as market participants. So it could happen if we are affected by the issue.

It might not be possible again as many speculators are saying bitcoin is going to go above  $20,000 before it cannot get major clash. Bitcoin falling to $3,000 will mean end of the whole blockchain technology as many holders are going to drop it to the ground including others coins. Were bitcoin are today is still at the foundation level and when it began to build it will be 1btc to $100,000

It's just a speculation, nobody knows what will happen next into bitcoin this coming year 2018.  But if the segwit2x will be happen  again I think  there will be still a hard fork of bitcoin to be happened that will  fall into $3,000, but it will not take too long to regain its price after a week I guess, because when bitcoin price drops, a lot of people will grab the opportunity to buy bitcoin. So there will be more demand and will resulted to increasing of its price again.

It cannot happen because blockchain technology is designed to disrupt the normal way of banking as online studies it is to normal brick and mortar school, like digital marketing is to the old television way of marketing, like uber, like Airbnb etc. A many people are really making money out of this now, and it is just like a boom, millionaires are produced daily. You might wanna see this http://[Suspicious link removed]/ybrv5st4 it is a program going on in Australia and the UK, it is unbelievable My friend just made a 50,000 usd in 10 days. Bitcoin is real and it is here to stay.

Just a price check it's now at $11,000 so do you still think that the price will drop to $3,000? We can say that it's very impossible now but still bitcoin is volatile and chance is still there. A lot of money is coming in to bitcoin now, I wonder on how many people in the world put their 13th month pay / holiday bonus?

Possibility of it getting back to that extent is even not there as far as I am concerned unless we do not want to be realistic. Let us go back to all the incidents that have happened this year; the forks, the China stuffs and the whole panic.

Even at that we did not experience a huge drop and now that bitcoin is getting stronger and investors are seeing it as something that is here to stay, looking forward to $3000 is going to be more like dreaming of something that can never happen.

I don't think that it can decrease lower than this because I'm still positive that bitcoin will continually increase or rise. Just always be positive. Yes bitcoin is not stable but then again we must always pray for the continually increase of bitcoin.

Corrections are normal and without them it would end up just being some bubble that can burst at any time. One thing now is that there is so much interest in the market and we might end up not seeing those huge corrections like we have been seeing before.

All the above, $3k is just something that is not realistic at the moment.  So many buy orders now willing to even see at $8000 will be happy they did.

From my opinion that the price of bitcoin can not drop to $3000 in the future because the popularity of bitcoin is spread in all over the country and so many people depend on the bitcoin and most of the people invest the money in bitcointalk. Now a days the price of bitcoin is approx $10000 if the price of bitcoin is not increase in the future so also the price of bitcoin is not go down in the future it remain at the same price at approx $10000 .   

Yes, the popularity and the number of people joining the bitcoin community are getting bigger, so the price of bitcoin in the future is stable. The price back to $3000 is almost impossible.

the price of the bitcoin is unstable so the possibility of dropping to $ 3000 could happen, because virtual currencies like bitcoins can go up and down anytime ...

You can never say that this will not happen. First, we are still not sure that bitcoin is not a bubble. We don't want to believe it but agree that it is not a reason to say that it is not. Secondly we don't know how the situation will change if the government will still find ways to control the sale of bitcoins. This can significantly reduce the demand and price respectively.

That is what I am waiting for since september to finally buy. But to be honest I dont think that we will see Bitcoin this low again. I would even be very happy with $5,000. But also this is not likely I suppose. Never understimate the market though, everything could happen.

Even the wall street guys cannot really cause any FUD at this stage and all their crappy talks are all going to end up in the trash as no one is really caring anymore whatever comes out of their smelly mouths. Bitcoin market is getting matured every month and we should keep seeing improvements.

Anything that would make bitcoin get to $3000 will be a really huge attack that would breath some high level of support and I really do not know what that would be that has never happened before.

3000$ is very low value now ad if a drop occur then it will go down to minimum value of 9000 because at this point people are expecting bitcoin to rise not to fall and bitcoin will not let them down and 3000 crash can only occur if any of big war happen and the world get disturbed otherwise their is no way going so much down so those who are talking about this must be bitcoin hatters and they will end up by investing into bitcoin,

We want to be realistic and there is a chance though it's very low now. Think of the price now of bitcoin, it is just ranging from $10,000 - $11,000 and moving back and forth on those prices. I know that it's hard for bitcoin to be pulled down to that dip but I'm relaxing my mind that everything is still possible.

Yes.Bitcoin value will not change to 3000$,from this situation it may change to the value of 8000$.So If the value move to 8000-9000$ means,don't hesitates to buy a bitcoin.

we have seen in the severe past and i think no one can deny that this is quite possible as it had done in the past and it can be done in the future as well but seeing the market scenario and growing popularity of BTC, I don't think now it can drop that much in near future like to 3000$. I take $6000 as a strong base for BTC. Seeing the bullish nature it can easily cross $15000 by the end of this year if any huge dump will not happens.

There were many 80-90% correction over the past years. And more than a few 50% correction and rebound this year alone.

The issue is even at the next drop, some people will still end up missing it while waiting if it would drop further instead of taking the chance to buy at any drop. The market is going crazy right now and anyone who slacks will have themselves to blame. A little correction happened recently when this whole bull run started and that is more like telling anyone not to expect much huge corrections any longer.

Monitoring the event of cryptomarket, I will say that it will be not a great shock for me IF something like this happen. However, I doubt it will fall.

It seems to me that you are not sincere. Such a fall will cause shock and panic at all. I do not believe that this is possible in the near future. There are no prerequisites to this. Bitcoin will continue to grow. But very manage depends on the behavior of speculators who control a large number of coins. They can always crash the market.

A lot of us are wishing that bitcoin's price could drop that low so we can go all in again in investing our money but that would seems impossible seeing the price of bitcoin to spike again at $11k and to drop at $3k will make it decrease for about 75% in price. There had been few accounts where bitcoin's price could drop at that low but it never did and surprisingly, its price rise again immediately.

I don't think that bitcoin will ever drop again to that low value even if a similar incident to ICOs ban in china happens.
Too many people , investors and companies have adopted bitcoin as a payment method ( even very known ones such as MICROSOFT ) , and it'll be very hard to dump it's value to such low price .

Of a lot of recent activity as well as growing popularity of BTC is very likely that the new floor will settle in $10K
at least,so if the price were to fall below that,this one would not stay like that for a long time ,so as time goes by the possibility of it being put back in that low amount that is being talked about->$3K is becoming more and more remote  as the price goes up, this possibility will be less.

Based on data, I do not think so. It is because the new mainstream value is now pegged at $10,000. Hence, be aware that every time Bitcoin's value is increasing two steps forward, its decline will only be a conservative one step backward. It is very sensible to relate this growth steadily no matter how volatile its market is. This is the trend; and this is based on actual data. If you study it carefully, you will see a familiar trend that is increasing value. 

Forget about $3,000 we are even 4x more than that price. And if ever the price of bitcoin will drop again that will not be on $3,000, we've got a new floor price and I guess it's stable now at $9,000 - $10,000 so if someone is expecting that to be down at $3,000 I don't think so it will happen.

Sure, nobody knows and we can just speculate, but mate, there are somethings that do not sound reasonable. For example, hitting $40,000 before the end of this year is not reasonable and so is getting as low as $3000. We really do not know anything that can happen at any time, but we cannot compare the uncertainty in bitcoin right now to previous years. With upcoming news, bitcoin is gaining more ground daily.

Yeah everything is possible but his wish cannot meet its destination because price of bitcoin is come so high and the investors no is so high that if price only drops to 6k there are huge no of people who are out there to welcome bitcoin and will surely buy as much as they can so 3k price is now in past it will never come back if any of major wars get started then there will be a minute chance to go so down otherwise not.

Not a lot mate only those who didn’t believed at bitcoin when it was at 3k and now they are saying that they wish to see bitcoin down a lot of people are here who are investing in bitcoin and they are now waiting for their profit to come and I wish that piece will never go down to create any panicking situation, for me the flow is right and I want it to continue like that because I don’t want to see market crashing.

We have not even seen anything crazy yet. The popularity is wide but not as wide as some of us even think or what is really going to happen in coming years.
There is still room for a high level of huge adoption and every time when most people think FOMOs are stepping in they will realize they are even still as fresh into the show as anything. $3000 is something that I personally do not think can happen.

The bitcoin will certainly fall in price but I do not think that is so low, the maximum I think is up to how much it can drop to 10,000-11,000 approximately so

Based on the amount of time that this rally is dragging on and the corresponding movement of the 1W EMA Im thinking of change my 3K call to a 5K call but 3K is still very possible and a drop to only 5K would be an unprecedented thing. Whatever happens with the CME futures will probably make the determination.

$3k is a very far to drop at this level for now its currently $15k and even after some price correction may occur it will not go dip at 3k it will likely occur at 10k to 12k. 

We now landed $14,000 and for sure in some other exchanges it's already $15,000 so thinking that it can go lower at $3,000 is quite a myth now. But if he still insist and pursuing his goal of seeing the price of bitcoin at $3,000 he needs to pursue people that has tons of bitcoin selling it at the same time.

Yeah $3k is history now and we will never see that low price of bitcoin in future and even if there is crash in the price I don't think it can go below $10k and if OP is waiting to buy at $3k price then he is surely wasting his time as bitcoin will never fall that low now.

Look at the current situation i don't see bitcoin prices down to $ 3000, instead i see in early 2018 bitcoin prices will be higher could reach $ 20,000 per coin.
If you look at all the crypto, it does have the same properties, fast up and down, but when i see very high bitcoin price moves make me think it is very unlikely the bitcoin price will go down.

we now hope to back to 10,000$ / 3000$ is only dream.

crash price is only dream price only growth fast

Bitcoin's value is at risk of drop at any given time and due to a lot of things that could happen . For instance we can remember 3 months ago when china banned ICOs and altcoin trading  , we witnessed the hugest drop of bitcoin's value from many years ago (from when it dropped from 1k dollars to 260 ) .
Lately the scheduled Segwit2x and the bitcoin cash crazy days of trading made bitcoin's core value drop too . So even if it's decentralized and only it's holders have the privilege and the power to control it's true value , so much things can happen to make it drop to even lower than 3k dollars . But history show that he had faced all kinds of segwits , hard forks and trading bans , but  managed to stood still as the OG of all cryptocurrencies and to climb back to a higher value making peak after another .

If everyone just HODLd and exchanged all alts for BTC, we wouldn't have any of these problems. And why are people complaining about transaction fees? People actually SPEND their BTC?!? It's a store of wealth. If you do a transaction, do a HUGE one. Good luck...

Yes. If we only use for trading then a large transaction fee is not the case. But maybe people start trading with lots of real currency where they easily calculate profits because real money value is not too volatile. This can result in the price of the bitcoin decreasing.

I dont think bitcoin will be back again under $10.000 , after december 31, it should hit $20.000 again

well, of course you can. bitcoin prices can go down to such a price. we'll never know what's waiting for bitcoin out there. could have been, because of the crisis or something else, made the bitcoin price fall.

Definitely. People are just having a break on buying btc or spending some cash from their earned btc and it's just normal for them to have a good time instead of sticking their eyes on the charts on this very important occasion.

this is general better to ask when will drop to 3000$.

time now for rising and 3000$ is away from bitcoin next 10 years

Yes I agree with you, bitcoin is still unstable because one of the characteristic factor of bitcoin is fluctuating and volatility it just anytime, anywhere there's a chance to increase and decrease the value. Since this is a digital cryptocurrency possible it will happen to fall in $3k, but some of bitcoin user including me. Wishing bitcoin will not drop down to $3k, because $3k is very low and many people has been affected it this will happen.

I agree with you, i think bitcoin value didn't back agian to $10,000 or $3,000 ( like op said. ) And for me the price increase again after december 31 or this year 2018 comes and like you said their's posible to hit $20,000 again.

not even an chance, if for some miracle it goes under 10k I will by every bitcoin, I even sell my pants and by it  :P

Bitcoin don't drop to $3000. iI think bitcoin will increase $30000

Bit coin does not fall below $ 3000.Go for the Bit coin price will increase.Bit coin applications are currently on the rise and the price is not quite down.Many companies support a bit of coin and thus the price will increase.

I don't see bitcoin price going back to $10,000 because bitcoin never lost the 50% of it value because of market correction. If i'm right highest dip for the market correction was 45% and i still don't the current correction will surpass that.

This is really outside my guess if the price declines have become the bitcoin on $3000 numbers, due to the reconstruction of the bitcoin already are in the position number $15000 from a few days ago to this day still hang on to the position of the bitcoin number $12000 without moving rising, I really hope bitcoin can move steadily increases until next year by welcoming the beginning of the year that makes us all happy

The price which you have mentioned is a case of crash of btc prices and dropping by almost 11000$ which is not at all possible in any situation.The people who are thinking btc as a bubble assume the same thing of price crashing but in reality the true supporters have faith and know its power.The prices are going to increase in future not drop although small dips remain its nature but beleive in it and enjoy its benefits.

Unlikely. We're probably looking at a 80% drop right now, so 20 000 * 0,2 = 4000. Don't think it's going any lower than that.

It can, yet no one can know for certain. However, if BTC drops below 10k the bear market will be confirmed. From there on out, a full 80% bleedout like the 2013/2014 crash is pretty much possible.
Do not think BTC will necessarily go up again: it did so the past two years only because there was still not enough competition around. Those time are definitely over, and this old horse and buggy will likely be killed in the onslaught that is to come.

I'm more and more reading reviews about Bitcoin's dissatisfaction and the girl he represents. A lot of complaints about the price and duration of the transaction, And this too can greatly affect the future of Bitcoin.

I do not think that it will fall so much as possible that bitcoin will drop to about 10k but not lower

I don't think that at this stage it is gonna be so down or down to even 3000$ I think the much it can down is up to 10,000and thus will also be for very short period of time  I think bitcoin is a very strong digital currency and father of all so I don't think any of the currency would be able to replace it to be mainstream.

This is a big uncertainty about bitcoin.
We don't know when this will gonna happen.
The value is now at $13097.

Until the problems with scaling and transactions is resolved the price of bitcoin is based primarily on its value as a speculation object.  Speculators are fickle people at the mercy of the whales. Also you have the constant naging from the BCH-crew affecting things. We likely will not go all the way down to 3000 $ but I wont exclude it completely, that we can see a correction below 10.000 and stay there for a while is on the other hand quite possible. Anyone who sat through the Bear market from 2013 onwards knows this.

Now the market is interesting. It's not very clear in which direction the price will go. It can be a big increase as well as a big drop. The price may drop below 10k $. Below 8k $ I don't think so.

When it happened, bitcoin itself was at around 4000-5000$ but now that it's at around 13000 I highly doubt it.. I still believe 10000$ is a benchmark for a lot of investors.. Although in the end of the day It's bitcoin an unpredictable cryptocurrency.

I think you forgot to add a zero in the title  :P

bitcoin fee high and this problem looks without any solve  we have more than 20 days paying high fee.

if bitcoin not solve it can easy drop 3000$

Yes i agree! Everything is possible to happen with bitcoin, it maybe good or bad, but then in every scenario there is always a wise move too, if it drops to $3,000 then happy the investors that are wanting to buy more, and if continues to go up also, well happy are all bitcoiners because their money continue to grow and of course i will be happy too😃

Theoretically yes, but it will only prove the nay sayers that bitcoin is a bubble if it did go down at 3000 usd, since it had entered 2018 at around 12-13k usd, depending on the exchnage you are using. If so, and bitcoin went down that far, people will stay away from cryptocurrencies, since their basis of entering  crypto currencies is bitcoin, and i think history will repeat itself again, bitcoin will remain quiet for a long time then have a bullrun, that so-called experts will say again that it is a bubble, but as far as what is going on, bitcoin's tranasactions had become faster in some platforms and  we can see the fees being lowered, if thing goes well, another bull run is just around the corner.

Anything is possible. it could drop to $3K or can go as high as $30K in the next coming months. But I still don't get why people are really thinking that bitcoin will go so low as $3K? Do you guys really lost interest on bitcoin and shifting to other coins? As far as I'm concern, yes, we are facing high transactions fee and slow confirmations that is has become the major drawback of bitcoin.

But, I don't think that investors will be stupid enough to get out of the picture because of such issue causing the market to crash to $3K. There's a lot of investors waiting in line to buy cheap bitcoins. Maybe they are just waiting for the perfect time to enter once more regardless of the issue that I have mentioned.

I doubt BTC hits $3K. People are standing around waiting to hammer it at $12.5/$10K...

If the markets want to, why not. 3000$ would be great so that one can invest again in Bitcoin and all those whiny idiots who regret not investing in Bitcoin will have an opportunity to do so yet again. However the support levels of bitcoin says otherwise. So dropping down to 3000$ would be really bad, a lot of FUDs would come in, people will start bullshitting. The biggest bubble burst in history - bitcoin. This would be the headlines by most of the media.

If one day Bitcoin falls to the level of $ 3,000, I definitely do not buy Bitcoin, because a currency of $ 3,000 can fall to the level of $ 300. There is no difference between the two examples for me. That would be a very bad scenario.

Bitcoin price today is $13,787.21. Is there a possibility that it will drop to $3000.00? Who knows? BUT if it does, i will grab that chance and buy and invest in me some bitcoins. Because after a big dive down like that, the probability of soaring high is intrinsic. That will make me very prosperous. A great turn up for the books. What a dream!

Sometimes I guess your right especially when bitcoin value declining their value rapidly. But in my view bitcoin not going so deep like what I'm thinking, maybe their price fall down up to $10,000 only.

Moreover value of bitcoin in the market was cumulative to there's no need to worry, however if it is true that this crypto are touching the $3000 I think i need to invest high amount, because it seems a good opportunity to make a high investment and to earn high amount of income.

Although theoretically it is possible, the conditions for a fall of such magnitude do not seem to be given, because on the contrary everything seems to indicate that we are going through a stage of consolidation in the market and today more than ever the perspectives regarding bitcoin seem quite optimists.

Of course Bitcoin can drop to 3K, but that's not likely. It's clear that Bitcoin is having hard times and 20K seems very far away, but we've seen how fast the price can increase. The lowest price bitcoin can drop to is 8K, but that will not happen in a short time. And if the price drops to 10K it will rise again to maybe 30K.

Guys, you seriously need to stop with the FUD in here, the price is never going to drop to that price + this thread was created more than three months ago, when the price was roughly $4000 - $7000 at that time, so there is no need to reply in here anymore.