Bitcoin Forum

People thinking they sound pro as fuck and big time. "Buy the dip bro" which one? The One from 20k to 18k? Maybe the 18k to 16k? Or are we talking about the 16k to 14k dip? no wait. Maybe you are on about the 14k dip to 12k. Or is it the 12k dip to 10k? Nah I got it. You must be on about the 10k dip to 8k cause you pro right. Oh no. Now it's the 8k to 6k dip.

The comments are cringey as fuck again I see. Kids still trying to sound pro as fuck. Anyway. Leave you to it. Just remember. If you know fuck all about trading. Just use random overly used phrases you come across on Facebook. "Buy the dip" "weak hands sell". That'll convince everyone you know what you are on about. I see all those other dip buys worked out well.
Now 6700$ to 4k$, than 4k$ to 1$ and  1k$ to 500$, and again People thinking they sound pro as fuck and big time.

why the F*** are you buying bitcoin then?

In my opinion, bitcoin is impossible to return in under 1,000 USD. Notify that the value of bitcoin is very unpredictable and it's hard to predict what will happen in the price in few minutes or hours. Also, the bitcoin value is easy to recover even as it fluctuates constantly. Nowadays many people are bothered in price dump and many speculations are now appeared or exist because of this existence. My suggestion to everyone, don't panic and be patient. Wait for a moment that the value of bitcoin recover again and rise.

BTC is too mainstream to ever go down to that amount. Best strategy is to use dollar cost average when purchasing coins. Buy once a week, month, etc... and don't worry about the price. Looking at the value daily will make you go crazy.

Yes if cryptocurrency will going to end then that is possible but for me bitcoin will still going strong and you can see that the market price drop though it has a big jump but it is still normal because if it is not then all investors will going to sell all their bitcoin and you will going to observe market price drop drastically. So for now investors are still holding the market price drop could be the result of an exchange which is being hacked lately.

I agree with your idea. The term ''Buy low,sell high'' is piece of SH***.  How will some one know how low it will go to buy at low??  This term is just a rehashed catch phrase without any actual real implication to it!

As far as price is concerned, yes it can go back to $1k and even $500. There is no guarantee. All the speculation have failed and all those big names who used to forecast about bitcoin failed miserably and hiding their faces...

I don't believe bitcoin can go under 1k$ I don't even believe it can come to 1k$

I don't think if bitcoin falls down at 1k dollars, Bitcoin now had a bad price in the market and seems many hodlers dump their bitcoins due of many panic sellers, but I doubt if bitcoin will go under 1K dollars this is possible to happen but difficult to believe.

I think as soon as possible bitcoin will reach 10k USD because last months it will continuously dump in the market and it will reach 9.5k USD so this month also we expect that hype. This is the right prediction in future possibilities and you should think 1k USD in future surely you are the mad in crypto platform.

What makes you think he's buying bitcoins? Maybe he was paid by a few Satoshi to spread panic among the community. I don't believe in such "experts". Selling bitcoins at current prices is suicide. I'm willing to wait a few years but I won't sell bitcoin below $ 15,000.

It doesn't mean that the price of bitcoin will decrease under $1k or the price will continiously decrease for me it's a normal to see the price drop that is why they all said that investing in bitcoin is risky if you don't know anything in bitcoin better to search first before you act as a pro.

It's your decision not mine or the other traders out there you must research first and use your own speculation than following the other speculation.

Well, I think for me it's impossible that the price of bitcoin will go down under $1k, but expect for the price will drop below $6k because the bitcoin last year was increased a lot that I think this is another part of the correction.

Why you so nervous about what people say? Everything about crypto currencies is individual, for example I also think it is good opportunity to invest in bitcoin when the price dropped for those who really want. I invested when the price was 10000$ and so?  I'm soon two times in minus and I simply do not have free founds for new investments now. I settled my target about the price and I'm going to follow it more matter what.

He didnt buy. He sold it all.

When the price eventually goes to $50k or $100k, then yep, all of those are the dip.

The same thing happened when the price went from $1200 to $150.  And every single fucker who bought the dip from $1200 to $1000 and $1000 to $800 and then $800 to $600 and $600 to $400 and finally $400 to $150

is still fucking smiling.  ;D

If they were lucky they dollar cost averaged under $500.  Think about it. They turned $10,000 into easily over $100,000 in two years.  You know how long it takes to simply double $10k in an index fund? About 7 years.

In two or three years, will you be one of those smiling fuckers? Or just another butt hurt bear who didn't buy the dip?

Anyone who can DCA under $10k this time around will be a winner in two to three years.

Buy the fucking dip, bro. All of them.

Really, bitcoin is tracing it way back to were it started from and we should take this post as real as what is going to happen in future.  Bitcoin deep is real.  Buying at this moment is good if you have a long term view.  I will advise the day traders to be very careful as this time is an indecision time.

I completely agree with you.

I am always rolling my eyes (to say the least) when I read predictions of 30k / 50k by the end fo 2018 or 2019.

Btw ... we just went below 6,5k

Oh fuck off No Coiner

Don't be so hard ... ;-)

I agree that 1k is nonsense.

But if you read the forums people are predicting their ass of (sorry) and always say Bitcoin is going to increase in 1-2 months, in March, in April .... now it's the second half of 2018 and all we did is going to a new 2018 low today.

I think the 2018 low is $58xx but yeah it’s looking like we could go below that. The arse has fallen out of the market.

You maybe have a wrong mindset in trading right now. "Buy the Dip" is still working even in this Bearrish Trend and I do think you are angry as you forgot to sell in the minor price rallies. Remember that before it has reached this price point BTC didn't go straight down. We have seen it have some very bullish moments and that moments is where we sell. In my opinion their comments are not to be taken seriously as you are obviously losing your mood because of it.

Chill out and leave this forum if you don't like something. Of course it can go under 1k, technically it can go to near 0 tomorrow, so what? Just don't put in more money that you can lose and you'll be able to enjoy it no matter what happens with it.

Well I dind't see that coming  ???. A price of 1k is not yet in sight, but if we keep on dropping, ...
A good time to buy some more, but I always say that when a drop is happening and lately we have seen a lot of drops  ;D.

I wonder if he literally bought during the said dips.

He is worrying about others but it's question if he has some bitcoin's on hold.

Name your price and that's possible for the dip or pump but you are expressing yourself boldly and you're obviously holding no coin at all.

Have you bought the dip bro?

So what? we're already in a bear market, prices are expected to go down. I wouldn't be surprised if we go below 6k, bearish sentiment just keeps spreading thoughout the whole market every day. Btw, the 30k-50k at the end of the year predictions do sound a bit far-fetched...but for the next year, I wouldn't dismiss those price ranges.

$4K at year end by way of 2.5-3K, as I have been saying since February

All that red color makes you really pro and cool. Go on your gold forum or whatever gets you off
Bitcoin will be around long time after you are gone
Farewell

I think you overestimate the returns of index funds. The resent surge in
index fund investments has taken place during a bull market after the
2008 financial crisis. Therefore the returns are probably skewed to the upside,
because they wouldn´t be as good during a bear market. I´d even argue that a
future financial crisis could be worse due to ETFs, because they misallocate
capital.

Regarding the actual thread topic I really doubt that Bitcoin will drop that low.
The miners are heavily incentivized to prop up the price way before this price level is
reached. The cost for this is negligible due to the small amount of Bitcoin that is
actually relevant for price discovery at the exchanges.

looking at how people totally reject this idea confirms how probable this proposition might actually be.

Market is always ready to do whatever it has to do to surprise everyone.

It's important to understand that buying dips doesn't mean you should buy every dip.

These are the main dips that I bought so far:

$10,000-$11,500 (used 5% of my balance)
$8000-$9000 (used 10% of my balance)
$7000-$8000 (used 10% of my balance)
$6000-$7000 (used 15% of my balance)

Note that I am buying back with funds that are from selling during the rally in December of last year. The lower the price is going down, the more coins I will obtain. I have 60% in balance left. :)

Agreed, usually pros instead of talking much, do their job, that's the difference if we compare them to silly ones. But usually such threads are created because people can't imagine fall under some line, when it happens, they create new thread again like you mention from 10 to 8, from 8 to 6 and etc. Btc can go under 1K but it can also rise up to 20k, for me bitcoin can always rich it's highest price, it's like a rule.

Haha, yeah. I was being generous.  Although ~6.5 years is how long it has taken the Dow Jones index to hit 100% returns today. From Jan 23, 2012 to today, to be exact.

Bitcoin returns over the same period are 116,240%.

 ;D

Of course you can now made up a statement like that because you know now what happened.

Can you make the same reasoning prior to what will happened? Do you really think that if people knows what will happened they will buy the dip during 18k to 16k or 14k to 12 and so on? They challenge the risks that's why others buying the dips and obviously no one knows what will happened back then.

Now again, we don't know what will happened. Should we buy the dip today? Or wait for more dip? Not making sense. If you understand the risks then go f*** the market and hold some btc.

What if the price goes down more? Then so be it.

what do you think about bitcoin prices will go that far, bro! I never thought the bitcoin price came back to its origin and you mentioned $ 1000.
This strand is very much catch one's eyes to see it. indeed now the price continues to decline and experience a long correction. but, I think this is cross your finger for the future, so buy as much bitcoin as much as you can and you will feel the benefits doubled in months and years to come.

Some events come in the year in which many people withdraw their bitcoin and use them for their event to celebrate. I think because of the Muslim Eid after a few days they need money for it to celebrate and because of that the price of bitcoin is reducing. It was also happened in the last year and in the year before that. AFter that the price of bitcoin will again start to increase.

I think it will never happen for this year, bitcoin is unlikely to fall low at 1k. Bitcoin has the highest population and it is not possible to make bitcoin fall to such a low price.

It will never happen as even before bitcoin rallies started price was around 5000 dollar level, this means dropping below will be very shitty for miners and they are very likely to not allow it at all. In my opinion.

Yeah, everything could happen in btc but price going under $1k seems a little bit too much. I'm no expert but for me more or less than $5k is the lowest that btc can. Everyone has their own prediction and they tend to follow their own rather than believing on others.

Well people nowadays is always claiming their selves as an expert without specific reference about their speculation , which is always spreading false news and predictions without knowing it can cause dumping in the market.  Anyways i suggest to ignore those kind of expectations, 'cause in fact 7k is the new bottom price on this bearish , wherein it has a strong support nowaday and the fluctuation can't break that price.  So just relax and wait for it to bounce back instead of seeking false prediction. 

So many people predicts that the correction happening now will became a 2014 dilemma, But this thing is so far to imagine since as we see we are actually at little peak which bitcoin has been known by the mass internationally, Maybe we experiencing some huge dumps lately but I still believe that their will be a good lift will be happen on Q3 until the year ends come on it.

If it goes to $1K from $20K then I am pretty sure it will be long dead.

Nobody will invest in it because they will pull up a chart and see that it was $20K and less than a year later went to $1K. Nobody wants a 95% loss.

Look at how much money was thrown at the different bitcoin services and exchanges... do you think they would let BTC go down that low and ruin their investment? No.

Basically every month everybody is bearish... then 4 weeks later everybody is bullish... and rinse and repeat over and over again.

yeah, everyone is free to think about bitcoin, but I do not feel that it will happen just because of the current decline. I feel that the $ 1k price is a very cheap price for bitcoin at the moment. we'll see, I'm so sure the price of bitcoin will actually increase.

There are experts who come up with predictions stating that bitcoin will rise up high haven't revealed anything specific on the ongoing price drop which is completely an unexpected fall. As the price went closer to $10000, people were with strong belief of crossing $10000. Here things have taken place in the opposite manner making way for the price fall beyond limits. All that we can do is just have patience and keep hold.

i don't think it is a suicide, it all depends on your price entry, we still are more then double versus one year ago! (actually around 160%)
if someone bought at lower price then actual and think that price is going down more then it is right to sell and buy again when you think that bottom has been reached

more dump coming for BTC.

We should not discuss irrelevantly and should not give importance to irrelevant statements. I mean that always think positive and hope for good as we know about the market of Bitcoin and have seen it recovered many times. So always be optimistic as we know that the current market is not favorable for sellers but we know one thing more as it is favorable for buyers so get benefited with this market.

Are you serious Buddy.Personally I think bitcoin will not reduce  below 6000$.The price of bitcoin is varying in the form of pyramid.Then now it's a time for the huge raise.Before this month end or first week on July,the price of bitcoin will reach 8000$ minimum.The huge fluctuation in every months may cause you to speak like this.

OP is suffering cold turkey, sounding very desperate  ;)

there was a dip, 19k-6k, back to over 10k, that one for example could have been bought

no one knows the future, when BTC dropped from 1100 to 200, 2 years of crypto winter followed, everyone talked shit like OP does now, most people thought this is the end

it could get even worse from here and it is possible that BTC goes to 1000, sure. It could also reverse at some point, and go to 100k. If you cannot accept that, stay away from Crypto.  ;D

 :o :o :o :o

What weed are you smoking? You need holidays, take vacations and forget the markets, forget bitcoin for some time, because you are very stressed and you can have a nervous breakdown at any moment. about its rationale, when the price was 1000 $ we did not have much demand, few people knew about bitcoin, the Market Cap was very small, today there is much more demand than when the price was 1000 $, the price may fall, but eventually will recover as soon as regulations become smoother

Pure frustration post from somebody who bought the peak. In 2-3 years this drop will look like a little fart on the chart.

I dont think so. Bitcoin will not go further to $1000. It is now the second half of the year and this it the time that bitcoin will start to increase. There a possible that it will go down more but it will not reach the the value ok $1k.

You are right everyone have the right to think but it is not good to share their wrong thinking in the community as a proof to misguide the community as it will affect those who are here to learn about bitcoin. They will afraid from it and will think negative. If OP do not know about it then he have to learn first about the situation and the market of the crypto and then need to think that what will happen actually.

I don't believe in that. Bitcoin is doing good even its dip now.

I got your point that Bitcoin performance is average failing since January this year that in spite of we keep on holding this investments but still it average falling down. Even though this facts are happening right now but still i will not believe that it will falls to $1,000 because that is very impossible to happen and we will not let that to happen too because we believed that after this difficulties it will bounce back again like there is always a rainbow after the rain.

Basically everybody's opinion can be respected and as far under $1k is concerned, I think its beyond our control if it will happen going under $1k. It means no demand on bitcoin, and people kepts selling rather than buying for holding purposes. We must act accordingly, and as a sort of recommendations don't ever dump your coins in an earlier time. Because it may crash the entire bitcoin economy which makes the price cheaper just like before.

I think you sounded like one.. The phrase “buy the dip” is not just a word,, but a strategy and no one even forced you to do it if you don’t have money to spear.. The “weak hands sell” are real those who buy at high price and sold it on the lower in panic mode..

I don’t know what you’re going through and with this attitude you don’t have to socialize with other person just be alone..

in bitcoin history nothing reaches $ 1k. . I know it's low $ 5k. . and you're no more than $ 5k. the price of bitcoin but we should not worry about it because I read blogs and analysts with good news for bitcoin with a bitcoin rise before the end of year 2018 and I hope it's part.

bitcoin will not go down to the price of $ 1k, I am very confident with it. it does not matter the bitcoin goes down to the $ 1k price because this is a great time to buy lots of bitcoin. but I hope it will not happen.

indeed we are all being in the same boat. but, I never thought the bitcoin price would work under $ 1000 as you mean it, dude. as far as i know the price will still work below $ 7000 until the bull market comes back.

Red highlights are painful in the eyes. What is your point?
You are sick and tired of the people saying buy during dips?
Well, buying during dips is a wise decision but do observe first.

No one can predict prices and I guess know one knew that it will go from 19k to 6k.
Also, I do not encourage anyone to buy if they do not what to get involved. It is always the buyer or investor who should be liable for himself. You bought it and it is your responsibility.

The big dip was on 6th February. That is when you should buy. Those that bought doubled heir money in just two weeks time.




Betting on that is quite a gamble. But if you do it and if succeed you will hit a jackpot.  Jackpots have extremely low odds. So that are also odds of this event to happen.

The price will not crash to that range, i suggest you to read a little bit more instead of coming in here in order to spread fud, period. There is no way to see it happening.

BTC can't go, and stay, under $5k because the cost for mining one BTC is above that mark. So the minimum that you can expect is $5k.
If you don't know enough about crypto and you're not willing to learn then it's better for you to quit while you still have some money.

Why do you assume price is based on cost of production? Miners = supply, and I don't think they're generally in the business of propping the market up with fiat money.

If mining becomes unprofitable and leveraged miners need to shut down, then difficulty will just drop. Profitability will adjust accordingly after marginal miners are squeezed out of the market, much like how marginal traders are squeezed out before a price reversal.


Date Registered: May 09, 2018, 11:57:37 AM ::)

$1000 is not good for the price because once they under it they have chances the price decrease more and down at hundreds dollars or become dead coin. So we need to avoid bitcoin to that price to maintain the high price. We need improvement right now to the price it's $6500 and I think we need to pump this coin to $7000 this day so buy more bitcoin snd hold it for few years to earn more money.

I agree if the Bitcoin price will not be possible to go back under $ 1000 because most lace at the moment is $ 6500.
even bitcoin could go back up to $ 15,000

Makes sense. I think people will largely lose interest in it if it goes down to that level and probably the whales would be the only ones benefitting when they decide to pump the price up. Though you're right. It's close to being a dead coin if things go that bad :p

Spot on. I believe bitcoin dipped to $5960 on 6th Feb and then moved up quickly. There seems to be a huge amount of buy orders placed around the $6000 - $6200 mark, and they are supporting the price.

Everybody who tells you Bitcoin will go down to $1000 or even below that is just fear mongering!
There is absolutely no reason why the price should fall that low, except some serious bug would be somewhere in the code, which couldn't be fixed immediately.
Furthermore there are so many big bids placed between 5k-6k that there should be some really strong support level.
About reaching $15k this year, I'm not so sure if that is still realistic, or if it would be good to move up that fast again. To be honest I would like to see a more slow and graduate rise the next 12 months and then let's start to moon again when we are half a year away from the next of halving in may of 2020.

I do not believe in this person, indirectly he told us to sell our bitcoin. while he will buy as much as possible. great idea

 Your funny mate.lol , actually it depends on your strategy as well,  and don't ever rely and jump real quick on others predictions or thoughts,  which is must observe the pattern first also to assure if it's the real time to buy, 'cause most analyst holders nowadays always sharing predictions without strong evidence. So must make you own technical analysis to prevent regrets.

We have a strong support right now and I know it will never back to $1k again. The OP might be broke at this time for the decision he has made but being like that will not help you to regain your loss, better to keep on believing with this great technology and you can have profit for sure.

Whales will make ways to protect bitcoin from being dead, so technically this will not happen. Don’t act like a child who knows nothing about the market, the market down in the past months are just part of the correction so better to stay calm and buy more right now before it goes up again.

This is totally FUD and I doubt anyone here would like to believe to any such numbers which will not even be seems for many years from now on. Those who want to day dream are free to think that any day when it fall to 1k they will buy 100's of btc and will always regret later by not even buying at current price.

I agree with you. Nobody will sell bitcoin below its cost price. We see huge resistance already at this price. The volume of bitcoin sales at Binance decreased by 3 times. The same dynamics is shown by other exchanges. It seems to me that this is a signal that the price will begin to grow in the near future.

To mine 1 Bitcoin with waste majority of worlds cost of electricity is way under $5000k.  In Venezuela that have cheapest electricity is way way way under that number.

If we forget everything else and take just cost of mining to get price of Bitcoin, then price for Bitcoin can go to $1 or less.  It goes like this. At this point in South Korea where eclectic s most expensive is not worth to mine Bitcoin so all miners from South Korea stop their miners. That reduces overall hash power and difficulty decrease and all the rest miners gets more bitcoins for their hash power they contribute.  When more and more miners stop mine difficulty keep falling and that makes mining easier for the rest of miners and then their cost to mine 1 BTC can go to $1.


But price of Bitcoin is far from being dependent only of this :)