Bitcoin Forum

I predict bitcoin will go down to 8000 and below due to exchange sites shutting down and massive crack downs in various countries.

USD800 from the beginning of 2017, it still have too much crazy rise.
Hopefully more deep fall, and then play again, don’t worry about the market, it still exist.
Anyhow this time of fall is good for newbie

It's about time Bitcoin learns to stand on its own feet and become independent from exchanges and invulnerable to crackdowns.

I'll buy all your btc for 8500 each then, Nostradamus.

no sorry,I will buy them at 8501  ;D

I don't think so, Bitcoin is going to fall down below $10K USD anymore. I believe that Bitcoin price will go up again and it will reach $20K USD within this year. Day by day Bitcoin is becoming a familiar platform for earning money through saving and investment.

Not only that but also Bitcoin is getting accepted in many developed countries as a payment method. Already they have started collecting Bitcoin for the future reservation. So in the future, Bitcoin will become a major factor in the monetary platform. So the price will go down as you thinking...

it will never go below 8000
you are dreaming

Countries cracking down on bitcoins is a good sign. It means governments are formulating policies on how to regulate cryptocurrency. Better change your forecast.

Honestly I think this is optimistic. I think if governments really crack down on it, it can easily sink below like $4,000 or even lower. It might get eclipsed by a superior alt coin and ultimately go to zero. That wouldn't surprise me at all.

We cannot say it in a confirmed manner that the price won't fall low to $8000. With the ongoing price changes anything could happen. Some term it to be a bubble burst and few indicate it as an random price dip for a price increase. Whatever might be, it's good to invest considering it as an opportunity.

Which exchange websites are you talking about? Kraken? Kraken seems to be back and running well now.
Which countries? All I heard about was a false rumor on South Korea banning Bitcoin, "false" in the sense that as usual the main information was misunderstood (South Korea is thinking to forbid anonymous trading of cryptocurrencies, which is not the same thing as "banning Bitcoin").

There is a summit in Buenos Aires soon regarding regulations to be implemented, but no info about this yet and it is in April anyway.

Now I will not be surprised if bitcoin falls below 8000 dollars. In general, for the crypto currency, this will be very good. Just will not be excessive speculative speculative demand for bitcoin, it will not swell as a bubble and create a threat for themselves and others for crypto currency. Investments will be more or less evenly distributed among different coins and in general this will contribute to the development of the Crypto-currency. Therefore, there is no thin without good.

I hope that will not happen, to be honest i'm really afraid seeing the price of bitcoins right now. It's dropped 31% but i hope it will not go down more below $10k. I think once the price of bitcoin reach $10k, some whales will do something about it and will pump the bitcoin price. Let's hope it will not go down more.

I hope your prediction is bad haha. Were facing a huge crisis Bitcoin is at $11000 now for about a day it change so much. Better get your seats buckled up and dont get destroyed just keep believing.

Hopefully bitcoin will not fall below $8000. Every coin is in a state of uncertainty, no one know how long it will recover. But maybe it would be good to come back soon.

Well, I don't believe Bitcoin will decline below $9000 let alone $8000 and below.  I think that it is the right time to invest in Bitcoin and altcoins since they are on the decline trends at the moment to the lost of about -30 to -35%. And I want to encourage people to keep holding their coins.

I see a somewhat bullish pattern forming for Bitcoin and it may or may not touch 9,000 levels, but experience tells me it will bounce right back up.

Everything is possible,and if price go below 8k$ it will not surprise me personally.In the way that price is go up,now it is go down and this is how things works.If we look past 2-3 years there were a lot of ups and downs,and the beginning of this year will not be remembered for good.For now price is holding above 10k level and I hope it will stay above this level in next 24-48 hours.If it fall down below that I do not know where it can be stopped,but I am always optimistic and I look at this as a temporary bad period for BTC.

It could go down to $8000 - $6000. But after that the rise to moon will start and end of 2018 1BTC = $50000 - $100000

All the bulls say this, and when it actually flash crashes to that price, they don't actually buy it.

I think now it may easily go down to $8k without any shutdowns and crackdowns. $10k is broken and almost nobody is buying. Looks like a major crash. I believe it will recover, but it may take more than a year.

As I have said in the previous post, if the resistance around $10K is broken, the next stop is $8K. Today we have seen that is it broken so we need to braced ourselves for another 2-3 days of bloodbath. I thought that the resistance is strong, but sad to say that is has been broken. Its painful to see, but the more we need to hold.


I don't know mate. You will hear a lot of members here bitching when the price goes above $10K and say that is too expensive to buy, but now is the perfect buying opportunity. I hope that they really go and buy at this point, because we will never see bitcoin goes below at this level.

from my views that there is no chance to the price of bitcoin fall below $8000 because now a days the price of bitcoin is approx $12000 so that there is very les chance to fall in the price of bitcoin because the demand of bitcoin in all over the world is very high and the bitcoin become very famous in all over the country . The number of user of bitcoin is reguraly increases day by day but anything is possible in the bitcoin .

For me it's still normal bitcoin drop, I sure the price will be raise again in this few month. No need to be panic if the price drop.
Bitcoin still profitable for long time investment. So I think now the price drop it's time to buy more bitcoin for invest.