Bitcoin Forum

Bitcoin price now was continuously declining, do you think that their value touches the $1,000 value again?

How much do you think bitcoin fall down?

Do you think this coin will recover again or not?

The price in coinmarket cap was 10000 dollar some minutes ago. Now at the time of posting the price 11000 dollar. I think the price correction has ended. Even if the price falls again, it is a sign that it won't fall very much.

I predict lower than $10,000 because of bad news spreading in the whole world and the actions of some country like South Korea and Japan. But it will rise again and will hit a new record because bitcoin is bitcoin. It is already well known around the world. The security of features of this cryptocurrency is unmatched compared to cold cash so many people like businessmen will still use it. I've read yesterday that it is hard to create a fake bitcoin and that is the advantage of this currency.

Having fun with this dip. Invested a lot in coins I was looking to get into for a while.
Now I'm done with that, I'm ready for takeoff again :)

How deep Bitcoin will go... I don't Know. Just don't panic sell.
I hope we will be done dipping by $11000

Well it is recovering right now, it touched less than $9200 on GDAX, and now it is going up again, it is over $11,300 at this moment.

I do not expect to see it over $20k in just a few months from now, but let's see how it goes,i do not think that it will keep going down.

A lot of whales are going to try to stop this FUD, in fact, i do not understand why a lot of people are just saying that this is the fucking "end" while it is clearly not.

Yes, I fear, it is recovering too fast. I have the impression, that this was an orchestred dump to make fast profits. We will see tomorrow a pump of all cryptocurrencies.

That exactly how the bitcoin price movement system, sometimes dumping and sometimes pumping. So do not worry if the price of Btc crashes, because it can immediately recover.

Difficult to day if it is a real recovering or just a rebouncing. It could tank more perhaps until the 7000-8000 area - but I really hope not. I hope it's over. I don't dare watch my blockfolio now.

i dont think btc will reach $1000, it will pump again, but it will not goback to the old price

Could be short covering by the futures traders. Although I'm not sure how the price of the futures interacts with the price on the exchanges.

I hope bitcoin will continue to fall
because when it happens I will buy and hold it until the price is high back, I'm not sure it will last long
and I'm sure the bitcoin will recover as before

According to the bitcoin candlestick chart analysis, it can be as deep as $ 9000. I think this is very hard to do but nothing is impossible because the cryptocurrency market is having a lot of volatility. Invest in caution as opportunities and risks are very close.

I don't think that bitcoin will continue to fall, don't wait for more before you invest. This is a good timing, the fluctuation is really strong and we are at the fall times. The big problem is when it rise rapidly again and we don't take the opportunity that is given to us. Maybe there's no next time, it's now or never.

the big plunge has started, either we go with the flow of holders that are panicking about this continuous downfall of bitcoin price or hold on to your bitcoins, but i think this is a chance for buyers, of course the ones that has a lot of money to risk. but for me, i think i will wait a little longer, maybe at the end of this month, if we look into the numbers, graphs and other basis, we can see that the line is downward, pretty alarming for the big holders but bitcoin has a history like this, even from the start of its existence, just believe in the system guys. bitcoin will soar up again.

What i do know is smoke is coming out of the exhaust on this car

See https://bitcointalk.org/index.php?topic=2768842.msg28292466#msg28292466

Head gasket got blown at 20,000 miles due to the crazy high gas price of $30-50 per gallon
of fuel and it was doing so well before then and yes I think it would had done 50,000 miles
before needing a engine rebuild.

I don't know if I can squeeze another 1,000 or 10,000 miles out of the engine because it's a gamble
but it's a long bore engine and ticks over at 7 RPM which is good when waiting outside a McDonald's
but is no good on the race track and no Lightning Network Electric engine is going to fix that.



 


 

No, I don't think it will drop until 1000$ - Lol. You cannot rule anything out, of course, but Bitcoin has never lost more than 90% of its value. So you can calculate the minimum price it can reach. But I think that perhaps 50% retracement - which is the actual case now - could be enough.

I think the price of bitcoin will not arrive at the price of $1,000. Now the price of the bitcoin continues to fall but this is only the result of the high price increase of the year 2017 and there is bad news from south korea and japan.
I believe the price of bitcoin will keep rising, because previously when China make illegal bitcoin from they country, the price of the bitcoin also down.

Very strong support at

$13000
$12000
$10000 - currently here
$8000
$6000

I hope this is deepest price after All Time High (ATH at $19000) and this current price is -50% from ATH
insane

I think BTC minimum price should be about 9800 US dollars, and now you sell your BTC that is the biggest mistake. Now, due to panic led to BTC fell, but after this time, BTC's price will certainly rise again.

not possible but it depends on the movement of bitcoin people withraw the bitcoin now because they all panicking and hoping not dump at that price return in the 1000usd value.
i believe that price decrease due to have an incoming hard fork but then again hoping after the correction price in the marketcap bounce back and i can hold my btc i set myself to relax.

I don't want to see bitcoin price fall down in to $8,000, because when this crypto currency declined on the amount it was alarming to many users. Because there's a possibility that value are continuously going deep if it is happen.

In my expectation the deeper value reach by the bitcoin in digital community was $10,000, I was not believe that their amount was getting below on that, because if it is happen more capitalist were withdraw their investment in the crypto currency.

I just relaxed with the current bitcoin price, maybe it's still the end-of-year effect and a lot of people are losing confidence in bitcoin, because many media are spreading obscure news about bitcoin.

But this advantage for those who do not have bitcoin and who are late buy bitcoin, because now the price is cheaper bitcoin suitable to buy bitcoin. And pray for the bitcoin price to recover as soon as possible.

I agree that $10,000 is the coin market cap of crypto industy, because if the value of bitcoin decline lower than that. I guess it gives negative trust to bitcoin and other cryptos in digital country. But still I believe to the ability of bitcoin, I know that they can manage whatever problems in crypto currency community. Moreover I think supporters and developers of this coin will never stopped believe that in the future bitcoin and other coins will survive in the digital crisis happened.

If there will be no additional hindrances for bitcoin aside from the current issue, I think 10kish usd is the line.it wont go any lower than that. But IF there will be more countries following South Koreaa footsteps, I'm afraid bitcoin price will drop as hell.

The latest technical analysis point at the 8000$ are as the bottom where the price could tribute a visit. But most analysts agree that the price would then powerfully rebound to the upside.

I think it will touch $8k figure and that will be the best time to invest because sooner or later it will start growing again and gain that pace which we have seen in last year but selling at this point is worst decision just keep holding.

in my opinion bitcoin will not fall to the point of $ 1000. unless everyone has belief in bitcoin. I see how many Rekts today feel the loss of bitcoin, I hope they do not sell it. if they sell it, then bitcoin will fall further.
I think, maximal bitcoin will drop to the point of $ 9500, and that's the worst value in my opinion.
yes, bitcoin will be high again, but not today and will not rise quickly.

I think if in a week, bitcoin touches the price of 8000 dollars, it will likely return to 1000 dollars, but if it's the opposite then bitcoin will touch 50.000 dollars by mid month, that's just my speculation about bitcoin ...

I have been expecting a big drop for some days now.  But it didn't happen yet.  Bitcoin is now too risky for me.  I think it will drop by quite a lot soonish.  But then go up again.  If it drops by a lot I might buy some.  But not so much that I will have sleepless nights worrying. 

If it drops to $ 1000 it will not happen according to my prediction. Will definitely go back up to exceed the current price. Let's wait.

There are a lot of people talking about the possibility of bitcoin going back to $1000, but I really doubt that will happen. I think this weekend will decide if the bitcoin trend will change or not. Everyone is expecting for the CME futures contract to end. Bitcoin got a big dump when CBOE futures was ending, and now we will have CME first contract ending on the 26th. If you look at the charts, you will see they are very tighten now, the price is going nowhere right now. The markets are very thin, so if CME sharks need bitcoin to go down because they've shorted it, it will go down, if they went long and want BTC to go up, it will happen. There is nothing we can do about it really. But I do believe, that once this is over, we will have another good month for bitcoin, and the cycle will just repeat itself, until we have enough liquidity that prevents this from happening.

Currently, bitcoin exchange rate is at 11.1K USD higher than yesterday at 10.7K USD. Base on the historical data it has not dropped below 10K USD yet which I think this may not further go below 10K USD. Most likely, this will regain back its rising trend in the coming weeks.

There is no way that bitcoin is actually going to go that low and there is no freaking way that bitcoin is going to hit $50K in that short possible time.  Its just hopeful thinking but it can actually never ever happen maybe hitting that value during December may seem possible.

Do you mean mid year? We are already in the last week of January so I doubt that it can get to $50K. But I would have agree that sometime around June-July we may see the price breaking $50K barrier.

It won't go below $10K or even $1K, because there's a lot of support on that price. The price is already moving to $11K-$11.3, and I'm expecting that by the end of the week we can get to $12K again. CBoE bitcoin future contracts are going to expire, and then after that, more investors who are just waiting will get into the market pushing the price.

I think its only up to $10K. Because this past few days, Bitcoin price only plays at $11-13k. And I hope its only up to $10k only. Then make a mark again of the highest value met for the year 2018.

Bitcoin will recover and be fine, but there is still a chance that this correction is not over. Don't be surprised if the price drops back down again to $8000 or below. We're in a period where there could be fluctuations as people are buying and selling with some people taking profits while others are trying to find bargains.

We also have to consider the unclear statement from south korea is really creating a FUD which could have an affect on Bitcoin as well. Overall I think Bitcoin will recover over time but it could take a while.

Since there are already a lot of people using and saving Bitcoin I don't think 1000$ will be reached, I expect Bitcoin will hold on between 10k$, the movement of Bitcoin is not too good, but the price is still reasonable, I think Bitcoin will recovered and reach new ATH when lightning network can be used, I think Bitcoin dominance will back on top

While I see such a variant that bitcoin will go to test the level of $8000-8500 soon, but there can be a dangerous situation if it falls below, I think no one will expect such exactly

I know people are still believing bitcoin's capability, tough some FUD's are spreading to diversify peoples trust toward bitcoin but i know it won't succeed. Of what happen to Korea it seems to affect all crypto market prices, but it won't make crypto into disappear,instead it will help to be strong and survive from that dip.    

In 2018 i am expecting it will reach atleast $20000. people will surpise, in the last year it was almost $19000 so i am not gosiping,. Who are holding only they will the gainer.

I won't be surprised if it hits $1000. Bitcoin has some serious scalability and technical problems. I wouldn't be surprised if in 5 or so years, it's worth nothing. Another alt coin is likely to take its place IMO.

i can see the price of BTC is get to the normal standard likewise some weeks ago today the price of BTC is $11,553.80 i was amazed with price because is really getting high. i guest by end of February it hit to 15k

By my estimation, the deeper value that bitcoin reaches in the digital community is $ 10,000, I do not believe that their numbers are getting lower, which is why bitcoin is unique because it is very difficult to follow its value movements...

After a false recovery tonight the bulls and the bears are again battling around the 10K level... another moment of truth.

I'm think so possible to see 9k price but anyway for grow up need trade on bottom a lot of time then can easy take 18-20k . We need still wait mass release LN and good promotion.

It bottom below $10K today, but immediately recovered above the $10K price. I guess we need to see the price to go this low so that new investors can get into the market price. Lightning Network has been so much talk about in the forum. Everyone is excited about it because it looks like this is the savior to the current state of bitcoin.

So for me the bottom is around $9K, I don't see bitcoin going down below that because its good buying point for most of us. And with LN implemented in the future, I'm seeing the price to go above $20K.


They have been battling but because of the recent news about US regulators subpoena Bitfinex and Tether, the bears is still on top and the bulls still hibernating. Another long battle, I hope the bulls win in the long run.