Bitcoin Forum

Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

I would be in buy mode.

This would be an opportunity for those who missed the earlier growth stage of bitcoin when the price was below $3k. For some Price levels of $1k would cause fear about whether it is a good store of value as it's normally said to be, but for me, I would buy more.

It is still a very secure network and cannot be controlled by the sneaky banks and governments. There is also less risk as the price would have hit bottom and cannot go much lower.

It depends on what actually caused the drop that big. If there's nothing wrong with bitcoin fundamentally and that people just got bearish for whatever BS reason, then I'd surely be drooling and pouring capital into bitcoin.

It will be the new chance to reinverse in the bitcoin at the cheap price,because it was happened only with the time travel to the past.Most of the people ,nearly 70 percentage of economic sharing population know about the bitcoin now.Instead of feel about the bad,it’s better to way forward.Then you should try to make some good changes to your past.If this 1000 dollars happened,huge new people will back to forum.

Bitcoin will only reach that level if there is major disaster happened on Bitcoin code or something global financial crisis like what happened during Covid-19 pandemic. Buying Bitcoin at that time will be a case-to-case basis depending on the reason why it goes to that level because there is chance that Bitcoin is already a risky investment by that time and buying it is already a suicide.

But to answer this plain and simple. Evaluate and buy if possible.

Many who say that they would go all in on Bitcoin if it ever goes that low are just fooling themselves as in reality they would be way too scared to invest. I remember when Bitcoin was around 9-10k and I had to sell some for ongoing expenses so I asked few friends who wanted to buy from me when BTC was ~17k, and none of them were interested, sating that price is too high. Then they contacted me again when BTC went to 35k as in their eye BTC suddenly became cheap.

As for me, it would depend how we came to that price. If there's nothing wrong with Bitcoin itself I would keep doing DCA as that's my preferred investment tactic.

Let us see if bitcoin will even get to $10k, not to talk of $1k which seem not possible.

Just slap yourself and you may later find out that you are dreaming after you wake up from a deep sleep.

Only what would cause that will be what can take down bitcoin and I expect all other crypto would have almost died by that time and likely bitcoin also will follow but can be the last.

I expect that not to happen, what will happen is bitcoin getting to $100k and above.

I'd probably see 1k as some kind of large manipulation, especially if the decline was sharp and sudden, so I'd buy. If in the next 2 years we'd be gradually going down, reaching something like 10k next year and 1k in 2 years, I'd be really worried about the future of btc because if you think about it, 10k is largely below mining profitability. If we took a year at 10k and then went to 1k, nobody would mine this. All those billion dollar investment companies would have to be out, all the celebrities, bitcoin casinos, whole industry would have to be selling end exiting for us to go to 1k. At this point I'd say a flash crash due to no liquidity would be possible, but not a gradual decline to 1k. That would point to the end of all cryptocurrencies.

Obviously people would buy some and add to their stash. It would suck for those who bought their coins at $60k but hopefully they didn’t invest more than they could afford to lose. They’ll probably lose their minds if they did so.

$1000 would be godsend for those who missed the train. But it is probably not going to happen. It is a price from 2014-2015 era. I don’t think we can go back to that anymore.

This would be correct for the large majority of the population. Many would not go near it and the media would have so much fun churning out article after publication about how Bitcoin is finally dead, which has been predicted for many years now.

Here in this forum, the majority of active members (non spammers and serial bounty hunters) would still be carefully following it to decide what action to take. And if it turns out to not be a problem with Bitcoin as you pointed out, many would fomo in.

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This questions are mostly so fantastic and discussing them seems unnecessary. This situation would very likely never happen, and we should stop dreaming about future low prices, but focus on the utility of Bitcoin which exists in any price range.

there are fundamentals that prevented bitcoin from dropping below $17k
no one on the planet was able to mine bitcoin cheaper than $17k at the time of the 2022 LOW

everyone was on buy mode.
so unless mining dropped to below $1k to then foster a mindset that value should be around $1k for people to be able to break even/make profit selling at $1k. you just wont see people pushing the price down that low on purpose.
the buy pressure would keep the price up much higher

something would need to considerable break to cause the prices to drop to $1k fast.
..

silly fools thing that 'value' and 'stable supported price' was at the ATH (all time high) where they foolishly think if it dropped by 3x from its ATH then it can drop again by Xx
they are wrong.
the ATH was not a supported price. it was not value it was not a stable support.
the ATH was the exceptional PREMIUM that was not meant to go that far, it was the temporary vapour of a bubble, a pump. it was not to be treated as a value point that crashed. but a speculative point that bubbled and then burst and corrected back to value

bitcoins value is bottom up.. its not top down

Yes, bitcoin narrative has change over the years. Now we have different set of players, institutional money and then government started to invest on bitcoin as well.


It's not that inflation causes bitcoin to go down, it is the cycle, the pattern. Every 4 years we have this bull and bear market. As you have said, it rose to $69k, then go down hard around -70% of that all time high. No one can stop it, sooner or alter the market will go on a boom and bust despite inflation or even the war.

My mind will go crazy with creative plans to get my hands on more disposable cash to buy more bitcoins at that price. Just imagine going back into the early days when bitcoins sold for that price and getting a second chance to buy more cheap coins.  ;D ;D ;D

I bought my first coins at $400+ and I can still kick my ass that I did not buy more coins at that time. Ok, I had to cash out on some long-term investments to buy bitcoins back then, but those investments were dead as a horse, with 10% profit per year. I sold some of those bitcoins for a 800% profit....  ;) ;)

Recently there was a topic about what would happen if bitcoin reaches the price of $1 (something like this). Too lazy to look for a link. This theme is reminiscent of it. $1 or $1.000 - what price, it doesn't matter. This refers to the extreme fall in bitcoin price. If we talk about $1 or $1.000, then I can allow a fall to a level of about $10.000, not lower in current realities. Of course, I am not a predictor and such conclusions are connected only with my personal assumption and feeling of the situation. If you fantasize about extremely low values of bitcoin ​​like $1 or $1.000, then in such a situation, decadent and panic moods will arise in the entire community, from the influence of which it will be difficult to move away. I would probably try to figure out the reasons that led bitcoin to such a strong price drop and after that I would make decisions for action. It is easy to think theoretically, but practically, in such situations it is difficult to resist the influence of human emotions. Therefore, it is impossible to predict even one's actions in such sensitive moments, such as the fall of bitcoin to $1.000.

You should pay attention to the reasons why the price is down by more than 98% of ATH before you make a decision whether to start investing or switch to another investment. Just like now, you must have a reason why you are investing and we can't just speculate.

If $1000 is reached because 99% of countries have banned mining, trading and adoption bans, then I would definitely take it one step further not to invest. But if that $1000 is influenced by Chinese FUD or some other country, then surely I will look for more capital to invest.

Most of people will see an opportunity, if Bitcoin prices drops down to $1000. I dont think that a lot of people will be disappointed with that price. Because if the price is so low, then it wont be hard to create an artificial pump and take good profit from that. But I dont believe that price would ever go that low. I've seen Bitcoin price went down to $4k, but now, since Bitcoin is much more popular, getting so low is impossible.

It's going to be obvious for the majority of us, that will be early 2017 price, and that is a great opportunity to buy at least one whole bitcoin for all of us. But I guess that opportunity will not come even in this bear market. Not sure what will be the world event that will make bitcoin suffer a catastrophic capitulation into 4 digits. And if bitcoin reaches that price, just imagine what will happen to stocks or gold, it will be huge.

I think most people would be buying up in large quantities (especially those who've been here a while - some people have dreams of getting 1 bitcoin, what if they can finally and more easily afford a few).

I think you'll be short of selling power at this point though because I don't think there'd be many people selling for $1k and trying to leave the sinking ship after holding on for so long.

Why I Disliked Bitcoin
What will be running in your mind if Bitcoin reaches $1000 again

My, you are suffering for your foolishness. :D (https://bitcointalk.org/index.php?topic=5408137.msg60660939#msg60660939)

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Correction:  $1000 was the price at the beginning of 2017—or before that, near the end of 2013, soon before the crash.  2014–2015 era was around $215 – $400, or thereabouts.  Cycle bottom in August 2015 was about $215.

Depends on my budget but honestly, I will gonna buy some more BTC than the price today because obviously, it's more huge profit when the price return to its ATH or even more. Looks like that kind of scenario is really hard from happening because the popularity of bitcoins nowadays is not the same as 10 years ago where just one bad moves or scene from some exchanges, the price will dramatically drop and it cost more time to recover than today.

Yup, providing nothing cataclysmic happend to Bitcoin I too would be selling as much
of my possessions at a knock down price in order to buy Bitcoin because my long term
outlook would not have changed.

We can only dream because Bitcoin going that low is really a fantasy.

I'm afraid to imagine what could cause such a fall, hopefully not some kind of world war.  But for many, it will become realistic to boast that he owns several bitcoins.

The first thing that would be running in my mind in case this happens is how to get a job. I would really need one if this happens. That would be very sad but that would also be very exciting at the same time because a huge opportunity has come.

One thing is for sure, however, I wouldn't be turning my back on Bitcoin. I would definitely buy more. I bought my first Bitcoin when it was cheaper than $1,000. My regret was not buying a lot. That price won't come back anymore, but $1,000 is close enough. I surely won't waste such an opportunity.

But this all depends on the cause of Bitcoin's fall. There must be a very big reason why Bitcoin will fall down all the way to $1,000.

First of all it’s really hard for Bitcoins to fall that low.
But if by any chance it falls to that price range, then definitely I will buy as many Bitcoins as I can after seeing the reason of fall in price.
If nothing special and it’s just a simple bearish reason, then I won’t hesitate before buying a couple of Bitcoins.
But by seeing the Bitcoins marketcap and popularity, I don’t think that Bitcoins will fall such low in price.
Nevertheless I am wishing Bitcoins to be back to its normal price, as this will clear a lot of confusion among many people’s mind.

Those who appreciate Bitcoin only because of the price would surely be disappointed, but such a price would only separate those who are there solely for the profit from those who understand that Bitcoin is first and foremost a cryptocurrency. The question is why would anyone invest in Bitcoin if the price went so low, because the big question is whether it would ever go back to the value we have today.

People, who dream of a price of 1 BTC = $1000 should know that such a price would very likely be the result of a global ban on trading and declaring Bitcoin illegal, and I don't think we want that, right?

If Bitcoin gets down to $1k i would be selling all the stuff i have to go all-in in BTC. But to be honest this will never happen. Even if we see Bitcoin going down to $10k for sure there will be tons of buy orders.

The only way to see bitcoin crashing that hard is if there is a crazy exploit on an exchange. Maybe some people remember when ETH gets down to $0.1


Source: https://news.bitcoin.com/gdax-exchange-sees-colossal-eth-flash-crash-angered-traders-mount-lawsuit/

I am convinced and confident that there will not be such a price, but if suddenly it happens, then I would definitely buy a couple of coins of the first cryptocurrency, but on the other hand, if the price drops to $ 1000, then this was followed by some cardinally large-scale actions in the field of cryptocurrencies and in particular bitcoin, maybe I looked closely, maybe it's not worth investing, it all depends on many factors .

My past mistake was not buying a lot of bitcoins for me to hold on to long term. in the past bitcoin has not touched the price of $ 1000 and if bitcoin can now touch the price of $ 1000 buy as much as possible. But can it reach such a low price? it's still very unlikely for now, but nothing is impossible, it can happen anytime. But the strength of the bitcoin community is still holding on to bitcoin and bitcoin can also reach new ATH above $100,000.

well, something extremely fcking bad must've happened to btc or the entire market to trigger such a tremendous selloff, so i'd be glad and probably laughing my ass off cos i dodged a bullet by setting my exit point well-above $1000. I'd still buy a few btc thx to the cash i'd have after cashing out early, just in case the price recovers, and also 'cause i don't wanna see my wallets completely empty lol

Well, that seems the worst scenario ever to experience here in crypto if that will happen. Imagine buying Bitcoin at $25k then it drops to $1,000 - you can really think about giving up and leaving crypto. You can really be emotional no matter how you trust Bitcoin and that can't be denied. 
But, even though the market is unpredictable, I couldn't think this gonna happen otherwise it was the end of the crypto market.

For me that is gonna be Biggest opportunity I won't like to miss out since I got to know Bitcoin because the last I saw Bitcoin very cheap was 2016 around $700+ and that was when I was getting to know Bitcoin so I didn't invest then and it happened that I missed that very opportunity since then the 2nd time was during COVID-19 market crash $3650, still did not buy and I thought everything was gonna crash ,  so if Bitcoin should eventually falls to the price of $1000 then I will be looking forward to owning more than 10 Bitcoin , that's When I will be extremely be greedy regardless, I can even go extent to borrowing money if I don't have enough.

If that really happens, it is a golden opportunity for us to buy as many bitcoins as possible. But I don't recommend buying in bulk right away because we have to be observant to see how the trend is after we buy. It could be that the price will go down again and if it happens again, we will get another opportunity to buy bitcoin again at a lower price than before. But hopefully, that doesn't happen because it will make many people who have bought bitcoins at high prices even more panicked to see it.

History is always the best teacher. Since it teaches us how to overcome our failures from the past, it has this everlasting effect of taking on all the missed opportunities that were once presented, but never executed. In the event that BTC reaches $1,000, I would never hesitate to purchase more and HODL them for long-term.

I have fully understood that the volatility of BTC has something to do with its nature; also, by the law of demand and supply. Given its inflationary value, its value is also dependent on what most people are willing to purchase it at a given price. Given this case, as more BTCs are mined, more of its price would increase thus HODLing for long-term may be the suitable and viable option.

Not much as I look at this as a social experiment and would like to see what happens to it in the long term. But I also wouldn't blame people for jumping ship, especically those that god into it at an all time high. That would, for them, be to volatile of a system to remain here. But I would guess most that bought at an all time high would be long gone by the time it ever reached the suggested price range.

Maybe I will buy 1 BTC. But it seems that up to the price it is impossible. Although I know anything can happen. If you look at the history of ATH and the lowest price down so far, it's also not as easy as I'm familiar with Bitcoin.
As long as the consensus and confidence of the global community is not lost, hopefully the price will get better. Although this year is somewhat different due to the effects of the pandemic, making the world face huge inflation.  This incident is also new this time. This makes Investors fearful and prefer to wait and enter when the world economy improves.

That is the point in my mind. If it is 1k again then it means that something must have happened, I am not saying that it is a bad idea to buy there, but the reason why it is there decides the factor for me. If it's there because of some market manipulation and trading stuff then I am fine about it, but if it's there because something wrong technically, and finally someone figured that out, then it is impossible for me to buy it.

So, it's not about if it's 1k or 100 bucks or 100k because I will keep on buying bitcoin until I can retire, and I know I can never retire and I am doing horrible right now financially, but if I do not see a good reason to not buy it, I will keep on doing that.

I can't imagine what the media outlets will write about bitcoin. They will lambast crypto entirely which will put fears into those that intended to invest or hodl bitcoin in the future.
it's unimaginable to behold such a price. bitcoin to downgrade to $1k is a mission impossible price tag that can't come to fulfilment to the end of time

You would not want to invest in the first place if you see red flags in the start. However, this is possible with most of the altcoins but when it comes to bitcoin, regardless of how low its value will fall, it will always set to recover after every downtrend. Unless if bitcoin meets a serious problem that you think it will hardly to recover, then you might be in doubt investing with that.

If the cause of the drop is not that alarming, then it’s always best to buy more and accumulate more to fill in your portfolio. Sometimes, the price of bitcoin drops drastically without having us unaware of its cause, but as long as there are no serious implications on the price drops and on bitcoin fundamentals, then we should still focus on maximizing bitcoin most especially when it’s price has return to $1k.

If Bitcoin reaches 1000 USD? That seems impossible but if it happens, I would invest like I have never invested before. Unless a fatal flaw with blockchain was discovered. In that case I would stay away until it has been fixed. In fact, I think the only scenario in which the price of Bitcoin would drop such a horrendous amount would only be if something caused a mass panic. Like WW3 or as I said, a discovery of a fatal, perhaps permanent blockchain flaw.

But lets be realistic. That won't be happening. Its already been too long and Bitcoin has been tested again and again.

If Bitcoin drops that low, I would at least be happy that I sold some at $50,000 and overall made a very decent profit with Bitcoin. If I only hodled and never sold and the price dropped catastrophically low, I would be full of regret over missed opportunities like selling at $69,000. It's never a bad idea to take profit with a portion of your investment, even if you think that it will get much higher eventually.

1 BTC = 1 BTC.

OP is a n00b who was intentionally anti-Bitcoin for years (https://bitcointalk.org/index.php?topic=5408137.msg60660939#msg60660939).  He obviously now regrets that he chose not to buy BTC at $1,000.  Now, greed has gotten the better of him; but he still has not learned some important facts:

• You need Bitcoin.  Bitcoin does not need you.
• Bitcoin was created for the purpose of being permissionless money.  You will never change it to be otherwise.
• Interrogative sentences should be concluded with a question mark.  (See topic title.)  The word “legality” does not mean “illegality”.  (See the conclusion of the above-linked post.)  And so forth...  OP struts as if he has wealth, but I don’t believe it unless he won the lottery.  He lacks sufficient intellect for useful business.
• If you announce that you hate the essential purpose of Bitcoin, but you grudgingly bought BTC because profitability persuaded you that Bitcoin isn’t so evil after all, then Bitcoiners will not exactly pat you on the head and hand you a lollipop.  If you, a patent anti-Bitcoiner, want to be praised and showered with positive reinforcement for bringing your chump change to a coin so that you can join the chase for some moons, then I suggest that you should sell all your BTC right now, and buy SHIB instead.
• 1 BTC = 1 BTC.

Filed under:  Attempts to educate the ineducable.  HTH, HAND.

I can't claim to have been around very much or actively involved in crypto but I can say, I've got quite much for a 1year of experience and one thing I know is, these rise and falls happens. Every bullrun is followed by a corresponding bearish market condition to balance it off. As much as $1k would be so much and a painful sight, it also offers a buying opportunity for which, I am sure to take advantage of still using what I can afford to loose and get more value for my money in BTC. The $1k would be way too low but when you can't do nothing about it, the least you could do and it would matter is just to buy and hold.

Personally I will continue to acquire more Bitcoin all the time, independent of it's current price.

If it's $1000, then I would be able to get more. All good.

I don't really care too much about the present price, or the short term. I'm thinking a couple of decades time.

There is no way that the price of Bitcoin will be $1k. And I don't see any chance of it being $10k either. Thinking of a bitcoin price of $1000 is like catching fish in rainwater he he. I think 17k was the lowest price for bitcoin in this year.  Now Bitcoin price will rise again and make new ATH.

1k is a price that can happen if there is a huge dump. Logically I don't see that happening because such price drops happen gradually not all of a sudden. As that happens people start buying as well and the correction to the drop also starts.

Someone will always be there to buy even when there are people to sell. But if really the price reaches that too, I would already have started buying.

A sudden drop to such price requires a huge volume of money, which is frankly aburd to even think of. Peak or bottom is less important to a trader, for them the number of times they can buy at the low and sell at the high matter. So don't think people will give up on Bitcoin so easily.

I know they use to say, Anything can happen in Cryptocurrency but I don't think this will happen because for Bitcoin to drop back to around $1000, there must be something very wrong, ether the whole world had decided to dump Bitcoin, and before the price even gets there, most investor would have dumped their hodl and miners will definitely stop mining which would be another bad news for the network...it would be a total disaster for Cryptocurrency not just Bitcoin. 

if the decline is only due to fud and no other strong reason. then of course I will be a more active bitcoin buyer. I will pour more capital to buy bitcoin if that happens. although I feel the possibility of that happening is very small. but nothing is impossible. if the global recession worsens. the economy is falling. then it could happen. But we certainly hope that doesn't happen.

Suicide is best option   ;D ;D just kidding.

but yeah it will hurt for some holders and the news will be everywhere that says bitcoin is the biggest scam ever in history record. But people always who believe still going to buy bitcoin at this crazy flash sale. but for now I think its little bit impossible to touch that level.

Same thoughts. If the reason is due to FUD on why Bitcoin returned to $1k value then I will buy because its a cheaper price that many of us wish to buy few years back before the bullrun happened. I already made a decent profit for selling everytime the price is increasing hence I can accept whatever happen for the future of Bitcoin. Anyway, I dont think its possible to reach $1k again since many investors will take advantage the every drop in prices to fill their bags.

I think it will never drop down to $1000  unless new technology evolves and  changes the fundamentals of Bitcoin which is not likely to happen so soon. Its adaption on institutional level have grown at a very fast pace during the past 2 years which signifies its importance as store of value. I am confident that it will yield huge reward to those who believe in it and hold it for long term.

This possibility is very unlikely, for me it certainly won't happen. However, assuming bitcoin will be able to reach 1000$ again, we should first investigate what is causing that crash, if it's not a problem from bitcoin's own network, but if there are incidents related to economic news, politics, government bans... or events not related to bitcoin, I will turn on buy mode.

I myself have a strong belief in bitcoin, as long as the crash is not caused by bitcoin itself then I will not pass up that one-of-a-kind opportunity.

$1,000 for 1 BTC is a dream for crypto investors, but we all know that it is never going to happen. In fact, inflation shouldn't be affecting crypto in the negative way, the opposite should be happening, right? It's all because of panic. In times like these some folks are selling gold, gemstones and other valuables at cheap prices, because in panic people often do the opposite to what they really should be doing to save themselves. But, fortunately, most people don't panic. They are sober and rational, and that is why we'll never see $1k for 1 BTC.

IF that will happen, that was the time I buy 1 whole Bitcoin...

Well, nobody will be able to believe and think that gonna happen in real. As we can see FUD becoming less effective, more countries are giving support, and a growing volume of adopters - and all of these are the reason why I'd never see it and was certain that it won't happen. let's assume this will come, that probably will be the ending journey of crypto and new technology comes out.

Despite that I could say that its a good time to buy with that price of Bitcoin, I don’t think at this current state we will be reaching that amount again. It’s highly impossible right now for us to reach $1k per BTC because of the market’s maturity and the continuous adoption of institutions, traditional companies, governments, banks, etc.

When we're talking about 1k, we should first talk about 10k, 6k and 3k. Those were very important levels in the previous bull and bear markets. Say, we'd go back to 10k, which was the consolidation level before the 2021 bull market. Why would we go that low and why wouldn't big players jump in to buy? If that's lost and we'd go to the 6k, which is the sustained bottom of 2018 bear market (Yes, that was the real bottom. We fell below only due to miner capitulation and that made illiquid exchanges crash below the once strong support.) Why wouldn't traders take that opportunity to buy?
Next is 3k. At that level all who bought bitcoin since 2019 would be long gone, so for us to go to 1k you'd need long time holders to sell at a loss. People who had coins in 2017 and did not sell them for 20k, then held through 2  years of bear market, a crash to 3k, then another crash to 3k in 2020 due to covid. I'm one of these people and I would never sell at 3k because I know that in a year or 2 price would definitely rebound above 10k again.

I held through 2018 bear market and I'm not going to give away my coins to someone for a mere 3k, and 1k is of course out of the question. Iven if I were on my dying bed I'd rather gibe it to my family to hold than sell it at 3k or less.

It would depends on the situation but honestly speaking I would think that Bitcoin is dying, although I would still have faith with it.
If I think that it would continue to fall then I'll wait but if I think that it already hits the bottom then I'll buy for sure.
Who would want to miss out that opportunity?

If this is the case, then first you need to know how such a big drop happened in Bitcoin.Such a big drop must be due to a major problem in Bitcoin. And will be one of the reasons why Bitcoin will be destroyed It will depend on the Bitcoin market.If there is a chance that Bitcoin will not crash then I will definitely invest and hold it for the long term.

For some, most especially with weak hands, this will bring panic and fears and will make them sell their coins at a very low price. However, for smart investors, this is the best buying moment for bitcoin. If the price decline is just an ordinary price drop, and there’s nothing to worry about, then it’s definitely another good opportunity to do DCA and add more bitcoin on our portfolio. I would love to do that for sure.

This is another great opportunity to invest again, and for newbies to enter the market. Bitcoin is the best asset in the market and it’s the most profitable one, so it’s always expected that the people will be in a panic buying knowing the price won’t be the same all the time. Instead of worrying, just always think the positive side. Bitcoin is great and so we should never miss another train again not to invest.

if bitcoin hits the price of 1000 dollars again I will definitely buy it, because it is a good opportunity to invest in bitcoin, and I think many people also think like me.

I've come across an incident in the past. A person sold all his belongings and bought bitcoin. With his family he moved into a refugee camp. This happened during the months prior to the 2017-18 bull market. Now the family is enjoying and doing charity, educating people about cryptocurrencies. I'll also think of doing such thing, will not sell everything. But atleast 50% of my belongings and buy bitcoin for sure.

Anything can happen but so far I don't think up to that price. If they go back to that price of course at this time I will convert my BTC into fiat and buy again. But as far as my experience the BTC price drop is no more than 90 percent from the last ATH price so I am optimistic the current price is a consolidation phase. Where the bears have begun to become saturated, maybe the market will start to recover even though the global market is struggling with the state of the economy.

Why would I leave the bitcoin market at the worst possible timing? I don't think that there is any real chance for bitcoins to ever reach $1,000 again, but if that would happen than I would buy as many coins as possible. I made the mistake one time in the past to turn my back on bitcoins and that was the biggest investment mistake I ever made, not going to repeat it. The crypto market always move in cycles, it's only a matter of time for BTC to bounce back. So in case BTC would drops so low than I would sell all my stocks and buy only bitcoins, move them into a secure wallet and forget about it. Take a break from cryptos for a year and come back to hopefully find the prices to be on normal levels again. 

The problem is that if the price is at 1k, then something must have gone wrong. I know for a fact that there are nations and companies who would be interested in buying a whole lot more to make sure that it doesn't happen. Which means that if this actually happened, then it must have been something horrible, like satoshi turns out to be hitler and he is not dead or whatever weird thing.

I agree that it is never going to happen, those days are long gone and we are not only going to never see it be 1k, I can go as much as say that it will never be 10k or lower ever. This is a made up situation, so I can see "what would you do if it is 10 cents" and it has as much sense as that one.

There is only one thing that will surely run in my mind if bitcoin ever reach 1k again , and that is to sell My house , sell my Car , take a highest loan i can get from everything possible and invest everything in bitcoin , even if this makes me a Homeless for a couple of years .
this is what will make me decide perfectly because I have been losing for all my investment every super dump happens , and now? once this comes again I will decide completely in support for bitcoin.

Nope, many people think twice before they act.
First of all we need to understand what’s the reason for which Bitcoins fall to such a low price.
We need to analyse each and everything before investing money in something, that will also be done in this case.
Secondly if we find that it is just another bear market pressure and Bitcoins struggling to fight back, then only I can invest.
It’s just different way of thinking from different people.

In this scenario, something must surely be wrong with the fundamental projections for it to reach such a low.


I believe we have all learnt our lessons, Bitcoin has come to stay with the present-day adoption. Any selling attempts, irrespectively of the bottom attained is an opportunity for it to earn more for the darers.

The answer will be pretty much simple if you ask other people they would say I'll buy more bitcoins if it's cheaper than this would be while I would first reach for the reason for the price fall and if the reason was clear to me I would consider buying bitcoins, according to the reason and the what I understand from the situation of the market I can make the decision to buy. While regardless of that I don't think we see bitcoin at this level because many powerful companies bought bitcoin at higher levels and surely they would not sell the bitcoins to let the price fall down.

$1000 again? All I can say is "this was the perfect time to buy". I'd just think about buying, not a dying indication because I believe that Bitcoin won't go there easily as long as it was still been used in the market. I considered that huge market correction ever happen in the crypto market.

This is certainly the time for poor people to invest and at least have their experience buying crypto at a very cheap price. I think, no one will say I don't have money as once they saw the price went $1000, these people find their way to have capital.

I believe most of the people who believe in Bitcoin will at least spend 10.000 dollars to buy 10 Bitcoins which is a nice amount to own.We have seen from past history that no matter how much down Bitcoin goes in price,soon after it recovers from the bottom.So let's imagine a 15.000 dollars price recovery after 1 year that you buy at 1000 dollars one Bitcoin,you can sell 10 of them for 150.000 dollars which is 1500% profit.Not a bad deal I would say and I don't know if any other tool/asset/stock can do such returns.

Bottom line nothing to worry and a lot to get from such scenario.

There is no chance for bitcoin to ever return to that price again, if we had a Doraemon's time machine, then we could do this or though if I had one wish, I would wish it :D :D
It is very difficult to predict where will be the lowest price of btc but with the current drop being quite good to collect, we can use DCA to not miss any of the low prices of btc.

My reaction would be disappointing and annoyed like crazy, but I wouldn't dump all my BTC because of all the FUD. Instead, I would patiently continue HODLING my stash and buy more coins since it's a great opportunity to profit in the long-term.

This isn't a market for the weak. It's an extremely volatile market which can go up and down like crazy which is why you should always invest only what you are willing to lose.

Also, focus on your own instincts rather than depending on what others say during that moment of crisis.

If bitcoin ever reached $1000 dollars a coin again, I’m of the belief that it has failed and or more likely that there will be another coin that has over taken it as the most popular go to Cryptocurrency coin going forward, for whatever which reasons. I just don’t see it happening personally.

Actually I think other altcoins including Ethereum will crash too since they're only following Bitcoin price, just like we did see currently for few years. Bitcoin already 13 years old and there's no altcoins can compete Bitcoin, even though there're around 20K coins on CMC.

Bitcoin almost can't be hacked due to high security, so I don't see any reason Bitcoin would crash and reach $1000.

If ever bitcoins price drop that low then we could really say that there's something wrong on it and pretty much sure that there would be other coins who had already overtaken its place into top #1 spot.

For sure trust and confidence would really be shattered on bitcoin but for sure as being the former or the king of all crypto there would be  still people who do see this to be an opportunity to buy

cheap coins considering into those things that happened in the past specially on moving prices or ATH's then they are still hopeful and positive towards things.
Its a matter of choice but for sure fear and anxiety would really be high on these times.

Price drop to such a level needs some reason that the entire mining process around the world have been stopped. To experience such situation is not gonna happen. So, for now it is not needed to discuss about the price dropping down to $1000. If this happens out of some situation then it is time to jump into buying as much possible. For sure I'll buy atleast 100 Bitcoins.

If it happens again that Bitcoin falls by 1000$ in the market, I have nothing else to do but buy bitcoin according to the budget I have, and if I know 100% that bitcoin will fall by 1000$, all total balance of Bitcoin that I have now I will sell it all, this is if I am sure that it will fall to 1000$, so when that happens I will buy it again at a cheap price. But this is just an example and in reality it's impossible for it to fall to such a value, although there is a lot of FUD that came out this news but it didn't happen at that price when the value of Bitcoin fell.

Besides that, if this happens, for two types of crypto traders in this industry, it may be a good opportunity and for others it may not be. But for most it is a good opportunity including me.


Wow, that's a lot of money here in my country 100 Bitcoin. That cost 10k$ that's almost  5 millions here in our money. If we think about it, the value is low but the volume in the market is very high when that happens. Maybe a lot of people want that to happen, but it's just that it's not always easy to do that by whale investors who like to hold a lot of Bitcoin. That is why the value of Bitcoin has increased even though it is currently down.

Surely you have heard nobody has a "magic ball" to find bitcoin prices in the ATH address, the anti-ATH "magic ball" is in fashion these days, most likely that in the face of such a drop in price we will have a... I don't think scenario is feasible given the current conditions, but my "magic ball" tells me that we are on the way to exceeding 25k, which is what really matters, although at that price the usual thing is to buy (and that's the short answer).

Luckily for us, inhabitants of planet Earth, Satoshi created Bitcoin as something that once launched, is no longer dependent on its creator or anything. I know, it's not easy to grasp for people like all of us, living for centuries with the notion that without some central power there could be only chaos around. But that's how it is. Bitcoin is not a chaos, rather it's a harmony. And it's operating without any central authority.

That's what I think too because the price will not guarantee to increase after that. Imagine, we haven't seen a such price for about I think 7 years, and many things have already happened that pushed the bitcoins price to a new ATH last year. If the price goes down to $1k again, then there must be a huge reason for it to decrease that low and the reason for it to increase again seems lower. They really need to consider not rushing to buy bitcoins rather they wait for the right timing to avoid some huge loss to their capitals.

If the price of bitcoin reaches $1000 it will be a big opportunity to old time investors because they won't have a double thought of buying, but at the same price some people will be scared to buy because of how cheap it is .  If a price like this happens to become real I must make sure I don't miss it, I will be among the lucky investors  to buy bitcoin.  I don't think bitcoin price can drop to that amount,  it is impossible for it to happen.

In crypto anything is possible but I don't really think Bitcoin can dump to $1000, but incase if anything happens and bitcoin dump then I believe that's another opportunity for me to buy more bitcoin, I will invest all the money am having with me in bitcon and I will hold and see what will happen. We all know that if bitcoin dump other altcoins will also dump, so I know some people will want to invest in altcoins which I won't advise anybody to do, if bitcoin can dump to $1000, I believe most altcoins won't survive the market if you invest in altcoin at that moment, you are just gambling. If bitcoin dump to $1000 just buy bitcoin and HOLD.

Although we have been in the crypto winter for eight months now, we are not seeing such bad news in the cryptocurrency market that it can lead to a further serious drop in prices, especially to such an extent that the price of bitcoin falls to $1,000. When the coronavirus epidemic was officially announced, the price of bitcoin fell to $8,000. But nothing serious happened on the market. After a while, prices recovered. Therefore, the reaction of people to a sharp drop in prices in the cryptocurrency market depends primarily on the reason for such a fall.

that would be everyone's hope, down to $1000 and buying more with all the money we have. But is it possible for now? anything can happen in crypto, but to reach the price of $ 1000 of course requires an incredibly crazy process and FUD, this is the same as throwing bitcoins like they are not valuable anymore. don't get your hopes up too far, the current price alone in the $20,000 area is a pretty good price to invest and hold on to. Bitcoin price drop from ATH is around -70%, We just need to wait for new ATH again, hold it firmly.

Anything could happen in crypto but I don't think Bitcoin can drop to $1000 for no reason but in case that happens, I will be glad to buy and accumulate more of it. Most of us are waiting for the bottom and I guess $1000 is already a big chance for everyone to buy and hold more Bitcoin for the long term again. Some of us might fear it but as long as we trust Bitcoin and its capability, we will see dumps as an opportunity to buy.

Buy as much as I can and I'll put the money in bitcoins when the price hits $1000 because it's very rare when this happens.

In my mind bitcoin fell to $1000: there would be chaos going on, some people would no longer believe it and many others about bitcoin going bad when the price bottomed out.

But the fact is that it never happened again in my opinion, however it will not be that low, if it happens I will buy a lot and my savings will be transferred to all of Bitcoin.

But we have to look at the fact that bitcoin is already popular all over the world and there is even a country that has adopted it, so it can't be that low.

No matter how bitcoin price dump, some people will still panic and won't want to buy because they will keep on saying the price will dump more, they want to buy the bottom, even if bitcoin dump to $1000 some people wont still buy and they will want it to dump more before they buy. Whenever the price start pumping back, they will still be expecting more dump which they might not see again, whenever the price is high they will start regretting why they didn't buy when the price was low. No matter how bitcoin dump, some people wont still buy.

those who continue not to buy despite the price crash certainly have no plans for future profits. it also has to do with the psychology of every trader, expecting the price to go down and down but never buying some coins, but when the bulls come many start buying at high prices. strategy is important to determine where you should buy and where you should exit.

We all know that even if Bitcoin drops to $1,000 (although I rule this out) it will go up again, so I won't be worried at all but this would be a perfect opportunity to fill my wallet with huge numbers of Bitcoin waiting for a new peak, we will make up for all the opportunities we missed in the past .

Perhaps it will i.e if 90% of btc holders did not further crash the price to zero with the panic selling their coins because no one knows what will become of btc. To be honest, as much as I like to DCA in situations of the market downturn but I do not like to see btc at such a low price, it is like an offense imo. i will be very worried something weird is going on.

Yes, I will sell other assets and invest on Bitcoin because it will be difficult for me to regret for my decision than to be happy that I embrace such opportunity in the bearish season. If the price of Bitcoin decrease to $1000 in the crypto market today, I will do everything possible within my power to invest on Bitcoin because the price will definitely increase higher when time comes and many people will use the opportunity to make a lot of incomes from their holding at the moment.

I do not really see the point of thinking about a scenario which will not happen, a scenario where high inflation strikes the world and bitcoin drops to 1k is basically impossible, at that time people will be looking for any way they can find to protect their wealth and bitcoin is going to be there so people can protect themselves from the negative effects of inflation, in fact  even right now people are waking up to the fact that the people that supported bitcoin were right and that most likely things will get worse from now on, so this is the perfect time to get some bitcoin now that its price is so low.

Bitcoin has always been a good asset in the crypto market, so if its price drops drastically, then there’s no reason to doubt but always give our best shot on making a maximum purchase at that certain value. Bitcoin price won’t keep the same the whole time, so while the price is still very affordable, let’s grab the chance and take advantage on the best opportunity that comes. Bitcoin is the best gem in this market, so no need to question about its sudden price drop.

There are no losses actually if you sell your bitcoin at a higher price from the time you bought it, or even if you sell it a lower value as long as you also sell it for a cause. You benefit from it so it’s still profitable on your part. However, with regards to seeing bitcoin at $1k, well it’s certainly something to celebrate as its another opportunity to build more profits in the future through buying a lot of bitcoin at its current price. So never miss another train, just buy as much as you can.

As long it would be more than on the capital that you had invested then it wont really be considered to be a loss but the main question or in concern on here is on about the time would be spent or how long you would

be waiting? not all does have that patience on waiting for that long just to acquire a small amount percentage of profits on the money that they had invested on.If ever bitcoin do reach out 1k usd again then for sure

doubts would really be there because it is unlikely for bitcoins price to go that low or does indicate that there's something wrong with it which i do agree on what others saying that there might be some issues
or negative things happening around if ever this situation or circumstances to happen.

I think you need to go verify your information again because you are totally wrong here, there was never a time Bitcoin got "All Time High" in 2020. The correct answer is November 2021, which was the time Bitcoin rose to almost $68k.. So please OP next time it will be good to verify an info before posting it

I like your enlightenment, the perception is true, yet my question is in assumption. You have replied with the reality of today, fine, but anything could happen fundamentally and Bitcoin could drop even with a lower mining price to fulfil the assumption.

I beg to disagree with you. People behave like doubting Thomas, it is when they miss the opportunity that their eyes will clear. I will not blame them though because the asset that had hit almost $69,000 dropping to $1000 will be less attractive to buy.

Someone like you already has all it takes to take the risk in Bitcoin, I know you can beat your chest to reinvest at that lower price.

It is not possible any days drop bitcoin price to $1000 . i still not believe this. i didn’t also think it can drop bellow 15k in any days. btc including all coins are  dumping now and hope soon btc will recover and get previous price

You cant really tell such thing because nothing is assured when it comes to crypto market where everything is really unpredictable.Let me ask you this.. Whose the one to expect the price drops down on the previous ATH that we've been trying hard to breach out back in the past? (im talking about 20k) .. We've been able to reach 69k into its ATH which is really too far off on what we had seen or if we do make out some
comparison but look at on where we are now? We dipped back as long as 17k which no one had anticipate for it to happen.So its not really that impossible for someone to think about dipping back to 1k
but of course if ever it do reach out that kind of state then it does indicates that there's something wrong with it.

It would be an easy buying spree for me, although I'd be anxious about my decision too since there could have been some huge reasons as to why the price dropped like that again all of a sudden. Most long-term bitcoiners would probably think that it's another huge buying opportunity, especially those who largely believe in the success of bitcoin. I'd take my chances and perhaps buy two or three bitcoin, and just keep them in storage and forget about it in the next few years.

One fact is that even if bitcoin should drop to $1000 there are still people who would not invest in it. For the I guess the answer is as simple as i'd invest through DCAing as I have found it the most efficient method of investing in bitcoin that keeps me sane. However, this is just a pipe dream that only exist in our imagination and wishes.

At first, of course, exactly surprised and dropped too much.
Of course, it needs quite some time to be calmer. And believe that Bitcoin is able to survive from that deep crash, struggle together, and rise up again. This must not be easy for all people, there must be so much FUD destroying everybody's mind and health. So many people may be stressful because of this very crash condition.
But once more, as long as we can control ourselves, that may be the best time to buy more and more Bitcoin, this si exactly for the long term holder become a very good time to buy more Bitcoin. Because, there may not be any other time again to buy many Bitcoin very cheaply

If it reaches $1000 It would be the best opportunity for me to buy. I will be entering into my buying mode.

for me ? if this happens then I will look at it as a Gold or Oil mine  that I need to invest so much because this is once in a lifetime opportunity .

Imagine if there is 1000 price of bitcoin in my face? that will be a x1000 once bitcoin reaches out 1 million dollar things that will surely come in the coming years.

what I only need is to keep holding my funds and i will be a millionaire in the next couple of years.

Buy buy and buy. However, I do not think I will be able to wait until bitcoin reaches $1000, because I am afraid I will not have sufficient funds at that point. If bitcoin drops to 10k or 5k, I will probably go all out with all I have to invest. For me last $17k is a pretty good price and I'm waiting for $15k I will be happy when bitcoin hits $15k this bear season. I never thought bitcoin had a chance to get back to $1000 again.

Price: This is speculation, none of us can know the price in the next years. It is created by supply and demand and the supply increases daily, or better every 8-11 minutes. The acceptance is in my opinion the key, as long as there is someone who wants bitcoin, the price will go up. Bitcoin has a 21M. limit, that is important for me and for many others. So if the price should really be so low, then I would not lose faith in the system and also invest again. But if the price really so low, then we have in the world believed other problems.

I'll add some first and see the rest, but honestly that's not going to happen, Bitcoin's popularity will keep him.

1000 dollar price range would mean that btc is dying, or the ecosystem took a big, disastrous hit. It would mean the end. Maybe there would be better alternatives out there. The people who comments that 'I would buy' would never buy, they would be already on depressive state regarding btc.

Did any of you bought at the 4000-6000 range for hodl? ... See?

I think a fair question would be that what would or will you do if btc hits 10k?

This is the same reason why it will not reach there as well. People think that it will reach that price but in reality we all know that it will not reach there at all. I think it would be quite easy to understand that it will be a hard pass on most of this because it is going to end up with a big deal and a trouble.

If we do this then price can't go down? Because, we all end up buying before it reaches there, you would, I would and believe me everyone would and that is why it won't. That literally happened, price reached under 18k for a quick while and it was such an amazing price to buy that we all stopped and started buying a lot and made it go back up again.

The crypto industry is standing on Bitcoin. I don't think so that Bitcoin will come to $1000 but if that mega collapse occurs, then I will buy much Bitcoin because Bitcoin never loses. If it loses then it will be a new scenario for whole industry and no speculation is available so far for that emergency.   

Well, I'll do the opposite, I won't because it was an indication that Bitcoin had its ending journey. I considered it bad news, really. Presumably, Bitcoin won't fall that bad if investors are there to help it and people still appreciate it. Might be wrong to think about it will die but that was the thing. We can't really see Bitcoin drop and reach $1000 as long as it was still valuable and useful but assuming the scenario, it simply thinks about selling for this might be the last day of Bitcoin.

I don't think that will happen, Bitcoin should not drop to the price of $ 1000 USD, When Bitcoin drops to the price of $ 10,000 USD I think a lot of people will be busy buying, Especially if the price falls to $ 5000-$1000 USD, maybe a lot of people will sell their offline assets to buy Bitcoins, including me will do that too. LOL
But the bad thing is that there will be a lot of people suffering, frustrated that their assets have fallen so deep.

Bitcoin was not $69k in 2020, that was 2021.

Unless there is some huge problem with the protocol itself, $1000 is very unlikely and if there is a problem with the code or protocol, then the price could even be lower.  Given the code as it is now and the code review that goes it, that seems nearly impossible.  If it is just a panic by someone selling a bunch, that is a different story.  So without knowing the cause it is difficult to say, but nothing that has happened in 12 years and one month has changed the proportion:  if you want to control your own money without being subject to the whims of authoritarians around the world, bitcoin (and PMs) are your best bet.

If it ever reaches to that price point, for sure whales as well as people who are in crypto market and have gained some knowledge will definitely invest in it. It will be a great opportunity to fill up your bags. So why not?

A price drop to as little as $1,000 is impossible. I think many whales would like to be able to manipulate it at this rate, but there are limits, even for whales. But let's imagine they somehow combined their efforts and made that happened. Why would they do it? Only one reason: to accumulate much more BTC buying it at such a low price. What can we, regular people, do then? Seize the opportunity! Buy as much as you can, because the same whales surely will make the price go up when they will be accumulating.

Yes, I am saying that Bitcoin will never loses. Many big investors in cryptocurrency have much shares in Bitcoin, so they will never want the Bitcoin to die. The person started this discussion only to share the thoughts of forum members but I think that no one will be assuming Bitcoin to drop to $1000 because everyone loves Bitcoin.

I have decided to buy Bitcoin in that scenario but I think it will never come. Secondly, the crypto market will never bear such drop and all the industry will come to unconsciousness.

Bitcoin price is not $1000.  If it's $5000 too I'll buy at least 10 bitcoins in any way. I will sell my property in need.  However, I will not miss this opportunity. Because we all believe in Bitcoin and think that it can never be a scam. So it is very unprofitable to invest in dip here

First of all I don’t think bitcoin will ever hit $1000 again, certainly not in our lifetime. If it did though, I would be worried because I have a lot of money stored in bitcoin. Once the worry passed though I would most likely put every fiat I have in because it’s he a great opportunity to make very easy profit.

First of all I also think it's never gonna be a really happened any time now and secondly I was also think that the same way you think. I will buy more than 5+ btc if it's ever came to 1000$  because I have effort that much now . If it really went down that low, maybe I would have bought more bitcoins   by borrowed and held them for eight to ten years. I also think that most of the wise people who have connected to Cryptocurrencies they have same opinion like this .

If it happens I think it will happen slowly so before we drop to 1k, you already have a money with you because you already know that price are going to head that way. There is no need for you to take loans. That is risky because what if the price drops evenly?

And can take a long time to recover. You will either sell at a loss only to have a sufficient amount because you already have a small amount on your hand which you get by working and doing side hustles. Even if btc didn't go 1k, we can still be able to buy btc at cheap like what we have right now or last time when the price fells of at 16k. If we can regularly buy btc at the dip, it is always possible to reach 1 btc or more.

It won't go there because of the mentality of people like you and me. The DCA method is becoming more popular and people are worried by drops but they really want to have more bitcoins and this drive is strong enough to keep bitcoin afloat for a long time. Bitcoin lost 70% and people are still buying it. If it lost 80% there would be more people buying and such are the laws of the free market that sellers cannot keep selling indefinitely. They will run out of money and then people who DCA will slowly push us back up. The lower we fall the more time it will take but it will happen.

For sure there are people who would be trying and investing as long they would accumulate lots if this time would come where we do able to accumulate bitcoin as much as we could
because we've set into our minds those past opportunities that we had missed which i couldnt blame if people would be thinking up the same way if we do able to see bitcoins
price like this low which is something that you cant really see often or does have  the opportunity to buy cheap once again.If it reaches 1k then there's something
wrong on it and lots of speculations and talks around.

I would definitely feel a bit let down if BTC dips to $1000. So many experts predicted big things for Bitcoin so it would definitely be a bit of a surprise. The reality is I would never sell my coins so if it did hit 1k I would just hope it’s a correction and hold on.

I’m a huge believer in the power of the blockchain and I don’t see BTC ever staying at 1k for long. I suppose if it did dip below 1k, I would consider picking up more coins.

The most part of the people in this thread, and on this forum in general, would do the same if the price of BTC dropped to $1k. Not so much in the rest of the world. If you ask me, I think the rest of the world would start buying only seeing that the price started climbing up again. And then BTC would end up at a new ATH.

Surely the whole world will buy Bitcoin without exception for those who are already familiar with Bitcoin even if they are beginners in crypto knowledge, because we believe there will be no second chance for the price of $1k in the future again, unfortunately we are only talking wishful thinking because the price of bitcoin will never go down even for $10k.

Are you sure? How about to those people who would really be that on fear on buying out and thinking that there might be something wrong because the price wont really be dipping that low if there's no big issues or
events that is happening in the market? For sure there  would be other altcoins in the market will really be overtaking bitcoins value on that time unless if the whole crypto market would be having that huge decline or
crash then it would be understandable that there's really something happening and this is impossible that everyone would be still having those kind of considerations on buying lots.
For sure the main thing that would be playing into their minds is that "What if the price would go back to $100?" Missing out opportunities or would be ending up on holding just because
you do able to buy on higher price.

I think Bitcoin will never reach the price point of  $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.

And it wasn't sure if we drops back below $20k again after seeing the market is stabilized above $22k. It was the best choice for now is to take this price and never wait for the $17k as it was unlikely to happen anymore.
$1,000 again? We're not ending yet. Perhaps the market is even growing and prices keeping high compared to 10 years ago, we're not coming back for that very low price as the demand steadily growing. We are supposed not to think about it as the market is changing its direction upwards, it is not going down.

But when Bitcoin stayed at $69k we had so much fun that I was always smiling.When Bitcoin dumped $17,000, we expected it to fall below $10,000.A depression works in us a pain that feels very bad.In fact many people invest to make some profit from it but when the market goes down it creates a lot of instability and depressing pain in everyone.But if Bitcoin stays within a thousand dollars, the same kind of pain and frustration will work.

On the time that you had made yourself on buying into those peak price or even shall we say even buying on 50k and currently looking on the price then it cant really be avoided not for you to be not
to get stressed nor even panic towards your investment.We do normally feel up FOMO if we do see prices are on breaking ATH's and we do panic when its declining or crashing which it would really
be creating that kind of presumptions that we might even go more lower in upcoming weeks or years to come.If ever bitcoins price hits up $1k then lots will really be having that mind boggling
questions that this might be the end of Bitcoin and might be replaced by something better and if not then it would be the best time to accumulate as much as we could since it is
way more cheaper and chances like this doesnt really come often.

That's definitely the truth, and you can't blame or force them, as everyone is entitled to his/her decision. But am still having a little doubt that Bitcoin can never fall to the level of $1000, or unless World War III happens which causes global economic crisis, then that's the only thing that could drastically affect the price of Bitcoin. Because I'm sure there is going to be a massive purchase if Bitcoin happens to fall to $10k, which will actually result to increase in price to bounce back instantly to normal

Another fact is that people who's been here for quite a long time would quickly fill their bags when that happens. I have remembered there were still a lot of people who risks their money in hopes for Luna to pump back, but nah that's a no brainer as that alt died the moment it collapsed. However, Btc is most probably not going to drop that far. Number one reason would be the same reason as I have stated above.
In fact, right before Btc hits $10k, it would most probably bounce back  because just like what you said, DCAing is by far the most effective way in investing to Bitcoin.

The thing is that if you understand Bitcoin, and for some external reason the price is somehow very low for today's standards, then you would realize that it's a great opportunity to buy Bitcoin for cheap.

Bitcoin will continue to work as expected, yet there are constant attacks against it, and some of those attacks will include trying to manipulate its price.

At the end of the day, Bitcoin is simply the best money ever invented. If it's being sold at $1000 then that's just a sale.

Bitcoin at 1000$ price range looks pretty bad and concerning for crypto world. It means many exchanges and related businesses are failed, lots of people losing their jobs and lots of investors losing tons of money. If that happened, I would expect bitcoin to reach even deeper levels until completely dying. Then we must ask ourselves where all the money circulating in crypto market right now would go on that case.

Maybe to another cryptocurrency? New investment category or technology? Or simply seized by governments?

I will first look at the cause of the drop happening. if the price drop is caused by something like fud then i will act quickly to collect bitcoins at such a low price. although I think that possibility is very difficult to accept. because if bitcoin falls to the price of $ 1000 then there must be a very big cause. and the economic problems faced must be a crisis that is already difficult to fix. because even economic crises, pandemics and wars don't make bitcoin fall to that price. so if there is something that can drop the price of btc to $ 1000 then I think it is a cause that can not be taken lightly. But still. if I was able then. then I will buy it if I still see hope in the future.

No, not a booming phase but we are still in a recovery phase. Booming phase could be the same as the bull run, therefore the chance for us to drop again is still there. Everything is possible in here so maybe we could hit that 1k soon, who knows? If that happens then ill be buying more coins. It's crazy but there are still people that will panic and think that bitcoin is coming to an end.

If it was a lesson to you every time btc crashes, will that means you never learn and you never buy during the dip? But, it's not too late yet to change that habit. The price may now be at 24k but that was still a good buy. Just think about the return that you will be getting once the bull run returns.

Only don't sell everything when the price is at an ATH. Remember, in December 2020 the price of Bitcoin went to $22k and it was a new ATH, but it was $40k 3 weeks later, and it was $63k 4 months later. I think those who sold everything once BTC price reached $22k were not  very happy about their decision in later months.

What you say is right, and price higher than the previous ATH is a good selling point for users who have invested at the bottom. With the cryptomarket none Know when the price drops and when it'll bounce back. Holding is good, but we need to have alternate plans and strategies to define the peak price of bitcoin. There are people who have missed $63k and now holding at $22k.

Won't lie, will be feeling not-so-mild panic. But I've held on when BTC dropped below $4k and I do remember feeling pretty panicky, but that didn't last long. Of course, that was "only" a 80% dip from ATH... would be a different feeling holding at $1k after seeing $67k!

That said, I'd be really confident of a terrific bounce up if we do touch 1000!

Bouncing up wont be a guarantee because after seeing 69k and dropped on $1k then it would really be showing off different story where it cant really be avoided that you would be thinking that this might be the end
of bitcoin since it is really just too low if we do consider on whats the ATH and it do ends up on dropping that low which even experienced or old timers of this market will really panic if this time happens.
Some might be still considering on buying up on these prices since its pretty cheap but as long the price wont really go to zero then there's always the probability of recovery
or huge pump ups and this is where those buyers been hoping for for it to happen.

Yeah I know there are no guarantees -- that's one of the literal guarantees of crypto markets (or any other type of speculative activity really!).

I'd just be really confident, in a space where my confidence is rarely peaked ;)

Zero is as likely to me as $1 million, so yeah, I'd definitely take my chances.

I've learnt to focus on what I want to do than what people are saying, I call it "noise."  The technology behind Bitcoin might be simple but it is vast, so I am in the opinion that it will not go away anymore, it could only face severe challenges. Therefore, Bitcoin will always bounce back later even if it reaches below $1000. One thing will lead to another that will help it rise. I will always buy it at lows.

As a human being, I understand this especially if you have a lot of it in your wallet.

No pain, no gain, and the more your risk, the high your gain. If it's anything about Bitcoin now, I know there is no risk that will not be worth it if I continue to stake at lower prices.

If Bitcoin reaches 1000$, first thing my mind will say that game is over means another technology has taken place of Bitcoin. If you see any market all round thr world no nobody has alive forever. New technology has always challenged old system. I will not be surprised if Bitcoin falls more than ever. In crypto space daily new invetion taking place.

I know we're dealing with a hypothetical scenario here, but I still want to maintain that the possibility of such happening is highly unlikely. Anything that can offer us that abysmal price level for Bitcoin at $1000 must kill the entire market as most alts take direction from Bitcoin.

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That's exactly my position too. It's easy for people to mouth how huge they would buy in if Bitcoin dipped but when that happens we don't see them buy. Many would've wished for a crash from its last time ATH of $64k+ to $40k, Anyway, I won't be shocked if those who wished that it plummeted to that level didn't buy when it got there. They may not even be buying at its current price of $21k+ too.

Not so much that I had/have a lot. Actually have a lot less than I did just prior to ATH... forced liquidation. But in March 2020, sub $4k prices, even if you had 1 BTC, it was a long way off from 20k. Just the feeling of losing all the value of savings, which of course, you weather through.


And then there's that overlooked mantra of not risking more than you can afford to lose. If I lose it all, I'm actually okay too. Bitterly disappointed, but I didn't and never would bet my house or shirt off my back on Bitcoin.

If you havent seen any projects or coins that overtaken bitcoin then we could really say that there's something wrong within the market where everything had been plumetting out and there's still no project that

do able to beat up bitcoin on replacing it on the peak or top 1 spot but if we do able to see that there's a particular coin who do able to overtake Bitcoin then this is the time we could really say that

this is the end of bitcoin and there's something new that replaced it on the peak spot and im much sure that confidence of people would really be that greatly shifted into other coins
that had been making out some significant movement.

I would say what’s wrong with the investors ?  :P
Though I highly doubt this will ever happen. The billion dollar market can not just disrupt itself. There are institutional investors, individual millionaires, million dollar worth mining farm network all over the globe! Believe me its whole ecosystem which is running 24*7 and 365 days.

If one element goes down from above list then another will always stood by bitcoin to support it.

Even though it goes down to such low level, we have no option to buy more and wait for recovery.

Yeah, but I was showing in my post above that this attitude is not always a right one. $22k was a new ATH, and yet selling everything right away was definitely a wrong move.

There's a thing about Bitcoin: After some time it's obvious that buying in the past was the right thing to do, even if the price was going south for months after your buying. And selling, selling is almost always wrong, even at the time of a new ATH.

In case that bitcoin will drop to such a low value once again, then probably these institutions and whales will be first one on selling their coins as massive issue could have caused it.

You're correct that it's highly improbable that this will happen as various supports and walls are there to avoid it. So, a probability of these support selling their coin may have been caused of a major issue with Bitcoin's technology.

If that happens, then I'll probably shift into some other crypto that has a better technology. But that is only if that were to happen.

That is why bitcoin is not for children mindsets but for adult who really understand bitcoin and its risk. Investing on bitcoin does not mean you are going make it over night. But you have to zero your mind from the investment, also do not invest what is bigger than your mind, that is do not invest what you can not carry if it decreased. Remember that bitcoin is a decentralized coin and it is also an unstable coin.

Very rational.

Although I don't believe Bitcoin could reach $1000, even if it reaches that level, do you think running to other coins is the best solution? What I know is that if Bitcoin could be battered that much, no other coins would survive it as well. They would at least be at their almost completely ruined levels too.

Nothing is wrong with selling when that's the direction of the market. The way the buyers have rights is the way the sellers have rights, just that their timing is always different. We should speculate to know what we should choose, not thinking one is wrong and the other is the only right one.

The whole ecosystem that is running 24x7 and 365 days will not save a collapsing market and mining will be the weakest saviour. This is not just the issue, haven't you heard or read about the best-performing stocks that collapsed or almost collapsed despite being well appreciated before? That is the market for you, what holds any market's future is the stakes of investors therein, if one thing or the other has caused panic and lack of investors' confidence, anything can happen afterwards.

I like the investors' confidence part you mentioned, many people don't always want to think about that angle. It is part of Bitcoin, and if it fails, Bitcoin will be troubled. Nonetheless, I don't see a replacement yet. To me, if Bitcoin fails, everything coin would go down with it.

So this means that if bitcoin reaches from 69,000$ to 1000$, we should not panic. Not everyone has such a big heart to accept this reality that when bitcoin pumps, it pumps beyond expectation, and when it dumps, we can never find the bottom. If we are able to hold during the bear market, it will be a big success for us.

This will even be an opportunity for me that started learn just this year to gain ground. I will just buy and convince people to buy. Because I know bitcoin isn't just any shit coin

We don't get such an opportunity anymore. Now people will be looking for ethereum to reach $1000. If there arises such an opportunity, even before reaching $1000 people will run for it and buy everything available. People who find it hard to buy a complete bitcoin will make it as a chance to buy it. As the market is decentralised, any form of market moves can happen. We need to have a mind to take anything happening with bitcoin in a positive way.

People will probably just buy it rightaway since the potential of price recovery is really high with that big dump if even ever happened in the first place. But, the main problem is that people would lose the opportunity to buy because of depression they would get with losing of so much money(although if those people knows that the price will be recover then it's not going to be a problem anyways, or rather just have not enough money to even buy more Bitcoin. That's what bother me most if that really happened, but yea just like other users said it's nearly impossible.

I agree here, Bitcoin is watched by too many people and before it reached even 10k, many especially bit institutions will buy also all Bitcoin driving prices back up.
Many people are watching Bitcoin because missing such an opportunity twiche would be bad.
Many financial players are very professional and will even buy Bitcoin at prices of 15k.

But 1k will never happen again.

I agree that the chance of falling to such a low level is minimal since bitcoin is the flagship cryptocurrency. And a vast number of other coins depend on its course. For example, the same stablecoins. Therefore, it seems that the fall of bitcoin to $ 1,000 is almost impossible.Its bottom, in my opinion, is 10,000-15,000 dollars. Whales, commerce, and many holders of this currency will not let it fall further.

Well, that's right! When bitcoin falls that deep and reaching $1k then there is really a high chance that other cryptocurrencies in the market will follow as well, it's not that the other coins won't survive anymore because it will just recover again soon in a matter of time just like the bitcoin.

But let's say that it will happen, then that is the very best time to acquire a huge amount of bitcoins while the market is at a discounted price because we never know what will happen next, the bitcoin might recover in an instant or even reach another ATH. Just like I said, we never know 8)

That can never happen. BTC at $1000 is practically impossible. But peradventure it happens, that will be a perfect opportunity to accumulate as much as I can because I know that the price will jump right up before you know it.

But honestly, I don't see it happening.

Whatever the reason for the fall of bitcoin, I will still buy and buy then will hold it once more. Because I know that it will increase and increase in the market. And I know if this is what the majority will do, that's for sure. Then I know that in the reality of what is happening now, bitcoin cannot fall to such an amount. Because as the year passes and increases and every time the bitcoin halving happens, the value of bitcoin continues to increase in the market.

And many people witnessed this event. So most of the crypto space believes in that. That's the truth that most people in this industry also believe.

I think that you have to trust, regardless of the price, it is the premise that has bitcoin in existence beyond any price that bitcoin may have at a given moment.

If bitcoin acquired confidence in a literal "$0" price, why $1000 must be different from any price that bitcoin has at a certain moment, then that price is simply an indicator that we must handle to act on the action (sell, buy, hodl) and not to in despair.

If bitcoin hit’s $1000 then that will be a great opportunity to buy more bitcoin at cheaper rate but I don’t think that will be possible, if bitcoin dump to $1000 most of all this altcoins will die the dump will clean open the crypto space for us, we will be able to identify good projects from scam ones, but if bitcoin drop to that level it will still recover.

Well, the price already has dropped below a previous ATH, but all the core principles of Bitcoins are still true.

Tick, Tock, another block. The price will fluctuate over the months, and years, but it will go up as more people know about Bitcoin.

If it goes back to $1,000, I would be thinking about those people who invested the moment before the crash. They all would be feeling awful. I am sure most of them would have sold everything and never think about bitcoin. The next thing that would come to my mind is that if I should be investing more in bitcoin. If bitcoin is this volatile, we can't be sure about the future of bitcoin. I doubt it can ever become a mainstream currency. No one would be willing to accept bitcoin as a legal tender. That would just put them at a risk. But then again, if it does become main stream, there is no way bitcoin would crash like this. But yeah, then again, I would take every opportunity to invest as much as I can.

It  their rights what to buy , they can buy lambos and houses because it is their profit and their way of enjoying their risk in investing , what my main concern are those who have bought in 5 digits price because for sure? they are the most affected on this one.

_______________________________________

But answering OP's question ? the first thing that will come to my Mind is take the opportunity that has been denied to me so with this chance? I will grab and surely will buy at least 2-5 bitcoin depend on how much is my available funds then.

buy like you never bought before

This is now my mindset. Before, when I read threads like this and there were people asking why I'll do if it drops to rockbottom, I'm too scared but as I've matured on this market.
Understanding that it's a cheap price to buy will make you want to have more because you know that it will recover no matter what happens.
That's what it is and you will only think that hopefully you've got enough money by that time it happens. But let's be real, that's highly unlikely to go into reality.

Absolutely right.

As long as the fundamentals of Bitcoins haven't changed, then the price movements in the short term are irrelevant. It's basically a huge sale.

But we all know about Bitcoin. Bitcoin price was very low at one time.But slowly its popularity increased a lot and the price started increasing very fast.Bitcoin reached an all-time high of $69,000.Then slowly the price of bitcoins came down again. Currently, the price of Bitcoin is hovering around $19,000.That has put people in a lot of tension and Bitcoin has lost a lot of power.Now the question is how people will react if the price of Bitcoin goes to $1000.Although different feelings will work in people's minds, people will invest in Bitcoin the most.Because people know Bitcoin's highest record. And Bitcoin is likely to set even more new records one day.

At first, there is no sign of Bitcoin going back to $1000, but anything is possible in crypto. If Bitcoin comes back to $1000, I think it will be the best of my life.  It will be a golden chance that I can get entry into Bitcoin. And I also have a chance to own Bitcoin. Because the price of Bitcoin will definitely go up.Because Bitcoin is a crypto that is driving the entire crypto industry and everyone is aware of Bitcoin's past record and stats.Bitcoin's all time high is also on everyone's mind۔If Bitcoin bought at $1,000 crosses $100k in the near future, breaking their all Time High, it could prove to be very lucky for me.

As I already sold away my Bitcoin way above 1000 dollars and thinking about the fact that my current average Bitcoin price paid is like 20000 I wouldn't feel bad. I would very likely go %90 of my whole portfolio. 1000 dollar for a Bitcoin is very very cheap price considering that halving is coming. And Binance giving %5 through "earn" section. I would like to have a chance making 50x again since when, 2017-18?

if that's the case then $1000 is bitcoin's craziest drop. but I didn't expect it to reach that price. bitcoin holders keep the price of bitcoin and if it reaches only $ 10,000 it is a very cheap price. currently bitcoin is still stuck at $19k-$20k.
So to get down to $1000 is still a dream for now.

It's a win situation and opportunity for non hodlers of bitcoin to fill their bag and buy as much as they can if it price falls to $1000, however hodlers who bought at a higher price will lament bitterly and become worried because of the massive drop of it value, personally I will buy if possible sell some properties or obtain a loan to buy and hodl because historically bitcoin always bounce back for any dip and dump and it's very obvious there is tendency of it's price to pump again after dipping to $1000 invariably many people will become rich after the price gain value again like hitting a new ATH in months or even in year time.

I heard someone say it costs 2k to mine. If so then I want to pay 4k max. Dreams.

what I was thinking when that happened, how do I get a lot of money so that I can invest in bitcoins in large quantities. I see it to be a very rare opportunity. remember when the price of bitcoin hit the price of hundreds of dollars when the price had reached thousands of dollars? at that time people felt that bitcoin would die, however, the price of bitcoin rose again even at a price that was difficult to imagine at the time. So, I'll probably try to have a fair amount of bitcoins when that happens.

I think all smart people who are involved in crypto currency those will answer the same for that question  and the answer will be buy a good amount of bitcoins and hold for long term.Because if you see how the use of Bitcoin or crypto currency is increasing all around.  And this means that even if the price of Bitcoin comes down to such an extent, it will be temporary or for a certain period of time but later its price will definitely skyrocket again.  But I don't think that Bitcoin will actually go down to $1000.

Yes, I agree with what you just said that the price of Bitcoin can never fall to $1000, but what if for example just like the OP said, its price falls to that amount overnight? I will say that the way an individual will react will varies concerning how much such an individual had in Bitcoin before its price fell to that $1000. Because for example, using the current price of Bitcoin now, imagine you had 1 BTC worth $20,000 and only to wake the next morning to see the value falling from $20,000 to $1000, I'm sure any normal human being will at first feel frustrated and even lost hope for BTC, of which it will only take people with the strong desire to continue. But I pray that will never be our portion now nor never

many people imagine and hope it will come true Bitcoin will return to $1K, I will buy it for future investment by buying some Bitcoins,
I'm honestly saying it's going to be tough, but if it was, I'd be buying too because I've missed the past to buy Bitcoins under $1000

If Bitcoin price would have a tendency to fall to $1000, a lot of people, even long time holders, would have sold their Bitcoin long time before Bitcoin reaches that price. And by they way price reaches $1000, they would either just smile, or would be forgotten about Bitcoin or will try to forget it as a bad dream.

I dont think there will be left many willing to buy Bitcoin at such price. Because if Bitcoin has such a huge price drop, then there is really something bad with it a I think chances of recovering would be very low.

It is impossible for me to reach 1000 dollars. But we can see the $5000 levels. If we see bitcoin falling to these levels, I will gradually add bitcoins to my basket. It is impossible not to have bitcoin in the future world.

and you remember at the end of 2020 the decline in the price of bitcoin reached $ 5000 and at that time many underestimated bitcoin would not rise again and they squandered the opportunity to get rich by buying that cheap price. and look at the evidence today, Bitcoin was able to reach ATH $ 67k and the highest in bitcoin history. and currently bitcoin price in the $20k area means it's already down about 70% from ATH 2021.
Opportunities like this will not be repeated again, this all depends on each person's choice. every choice has risks and behind these risks there will be benefits that will be given to those who believe.

The plan you made and published is absolutely impossible because $1000 worth of bitcoins will never come.  And if you hit 1000 dollars, all the coins in the alert point skin of the Keto currency world will surely die.  But then we will not be able to make the income that we are making from these sites and the big thing is that bitcoin will reach 1 lakh dollars and in a few days wait for the show, be patient, bitcoin will pump again inshallah.

Yes, this can be an opportunity that only comes once. buying 1 or 2 bitcoins at that point would be a very good investment. however, I feel that when the price of bitcoin reaches that point and crypto developments are still being developed, there will be a possibility that the price will rise again. So, I also feel that buying is the right decision.

Many of us hope Bitcoin can reach again to the level of 1000$, the average Bitcoin user has that hope, however, my thoughts are not in line with Bitcoin prices below 1000$, maybe it makes sense to me Bitcoin is as low as $15000k, this is what some Bitcoin Experts say.

The highest price of Bitcoin is about 71% lower at the moment. The current price is a little higher then $19800. As we know that the bitcoin price depends on according to the buyer's needs. If the buyer is not available at any particular mentioned price, then the price of Bitcoin will naturally come down. As such, I think Bitcoin is not possible to stay back $1000. However, I have a fictional dream in my mind that if Bitcoin reached at $12000, then I'll try to hold a bitcoin.

That's good of you, and you are so realistic. I'm a trader, not an extremist of Bitcoin, I hold, buy and sell Bitcoin when that's the reality of the market, nothing else. It is all about making money, which calls for the right speculations, rather than being sentimental about the coin itself. Also, the technical outlook would be extremely bearish then, and a lot of dumps would happen, so it is difficult to avoid panic at this time.

What if it SELLS SELLS SELLS? See, I expected better responses from many of you, you would buy without even justifying why you bought it? A true trader that would even buy must wait until a bullish signal is effectively confirmed before doing so.

This is sensible! The short-term outlook would be almost totally irrelevant at that time, so it would be unwise for anyone to conclude they would buy Bitcoin. Everything including the whole market sentiment would be negative, now tell me, what are they buying there? Unless they want to be aggressive, gamblers and irresponsible traders.
First, let me correct you, Bitcoin is not a stablecoin and will never be. Second, it could breach the $10000-$15000 that many of you are quoting. I always need constructive reasons for why something would or wouldn't happen, and no one should be so affirmative that something is impossible in this uncertain world we live in.

Impossible or might not be possible? I don't like people saying something is impossible. Is Bitcoin not an asset? Any asset could either appreciate or depreciate and at times could crash. We should just hope that the USA and other biggest fans of Bitcoin do not stop their backing due to one reason or the other (Economic or Technical). If that happens, then nothing is impossible here.

Nope this won’t be the best opportunity.
I mean a coin whose value is 40k usd, and suddenly dropped to 1k usd, and you think you will buy it instantly without giving a second payment though or without knowing the reason for the drop?
At first before buying we should thoroughly analysis the reason for this fall. And accordingly we should buy.
Moreover this won’t happen in the IRL, as BTC’s marketcap has become too bit that Satoshi himself can’t make the price this much down.
What are your thoughts on this?

If bitcoin hits 1000$, it means that all the investors in the cryptocurrencies market will be in severe loss as none can bear the loss with a portfolio close to zero. So this is never going to happen and if anyone is thinking that bitcoin will reach 1000$, he does not have a sense of bitcoin and financial markets.
Also, note that bitcoin did not reach these prices in the covid dump in March 2020, how can it reach at this low value now or in near future ?

I'm a little doubtful if bitcoin really went down at the price of $1,000, almost all investors think twice about buying back bitcoin, almost all investors when bitcoin is at a high price want bitcoin to go down as fast as possible at a low price. But when they have the opportunity to buy bitcoin at a price that is cheap enough they are afraid and worried that bitcoin might create another low price.

Bitcoin has dropped several times to a slightly cheaper price but most investors are still waiting for the opportunity to buy bitcoin at a lower price, but in fact Bitcoin has actually gone up significantly. I have with many time imagine from investors because almost of them just talking only without have braveness for buying bitcoin when have chance at lower price.

If you could really just make out some checks on history about percentage drops then you could definitely change up those words from impossible -  possible considering that this market is totally unpredictable
and there's no way that you could really eventually make out conclusions that we wont be reaching out those numbers but somehow after a decades time of volatility and unpredictability and seeing the progress
that we've come so far then we could really tell that its really hard to believe that Bitcoin would drop that low but we shouldnt really make ourselves that too confident.Asking me if what happens into my mind
if bitcoin drops this low? I might consider or gamble or risking out some amounts on accumulating as much as i could even though hesitance is there considering that if bitcoin drop that low
then there's something happening on it.

If bitcoin should drop to $1000 or below, I think first thing to do is to find out why such a thing happened, because bitcoin, (considering it's current price and all time high price, plus all the high profile investors), have grown past the stage where it can drop to such a ridiculous amount without any form of negative news backing it.

So for me, first, I will have to know what caused the price of bitcoin to drop that low, what ever the reason is; will determine for me whether I should buy more bitcoins or just sit and watch as the whole magic play out.

+1

You cannot just making decision without looking at it first indeed , when thats happened because of a fatal glitch in bitcoin such as a vulnerability to get centralized ... for me this is a fatal one , the core power of bitcoin feels like shutting down ... then with that reason i might have to still wait and see.

Not just stopping to believe in bitcoin immediately nor bragging to buy more bitcoin.

Let's assume I wake up and see Bitcoin at $1000, I will consider it the best buy opportunity. I missed the price before and will not missed it again for the second time.  

Good investors also do plan for future and keep all the possibilities in  mind as cryptocurrency is full changes i.e pumps and dumps all sudden. For BTC, going so down will need a major cause behind it. but it would be foolish not to have a plan for that possibility. IF BTC price went down so down, then people like me will buy.

I agree with your doubt, a lot of investors always make the claim that they will buy bitcoin when bitcoin price drops or when bitcoin hits $1000, they will buy regardless.
Honestly, I don't believe what they say either, of course when the bitcoin price is high we all want it to drop to buy in, but once it drops, even plummets beyond imagination, people will extreme panic than they will want to buy it. If bitcoin hits $1000 I guess most people will run away, few stay. I myself do not dare to risk if bitcoin reaches that price, I will analyze the situation carefully before making a decision.

maybe i will stick with bitcoin, even I will invest more of my money in bitcoin, because if bitcoin hits the price of $ 1000 there will be more people buying bitcoin, at that time the price of bitcoin will rise again, because I'm sure many people are waiting for that moment to come, the time when bitcoin price will go down , because I think many people regret that in the past when the price of bitcoin was cheap they didn't buy it, so if one day bitcoin drops drastically, it will rise quickly too.

If Bitcoin reaches $1000 then I would be worried about the greater economy. Bitcoin usually follows traditional finance and we see the price go down when the stock market has a negative day or when global events cause inflation to rise. In a bad economy more people will sell their Bitcoin to pay bills or invest in in safer assets.

I agree with that. If I had the opportunity to buy bitcoin again for such a low price, I would do it again. I believe in bitcoin and the whole system behind it. It made it really easy to send money to someone without an intermediary. But I don’t think we’ll ever see a prize like that again. Bitcoin is simply too well known for that.  :)

I don't agree with you, average people would not want to even hear about Bitcoin hitting the low of $1000, they would tell you it is impossible. I had rebutted many of them and this thread is a witness to that. If you start reading the thread from the beginning to the end, you would realize the optimism of BTT users about Bitcoin.

But I always let them know that speculation is the key, no one should be an ardent fan of Bitcoin without looking back on whether they will be hurt or not. Anything could happen to any asset, and Bitcoin is not an exception.

If I have money so I will buy as many as I can. But if don't have money so, I will borrow from anyone and buy at least 5BTC.
Because I know it will go up again. Because Bitcoin never thinks why it comes down and pump again.

Everyone knows King always be a King.

Although it looks a little impossible for bitcoin return to the price of $ 1K, but indeed the decline could have happened if there were indeed many negative issues that continued to hit bitcoin without stopping, if the price of bitcoin finally dropped to the price of $1K of course it would be a golden opportunity for us to invest , but I think there will be a lot of Holders who will suffer substantial losses if this happens, I personally might collect as many bitcoins as possible if later bitcoin falls to the price of $1K because the speculative price certainly allows the price of bitcoin to rise again at any time.

Fun fact, it will not be that low. If it does go to that price point, then people will buy like crazy to fill in their bags. Thus pumping the price again. So not to worry much about the price drop. it will eventually go up.

It just won't be allowed to happen. What's the point of this? If the price becomes $1,000 then many people will be able to buy bitcoins for themselves, although of course it is possible that people will be disappointed and will not see the point in this. But if the price drops to $1, then that would be absurd, because people will buy a lot of bitcoin for themselves, even for fun, but what's the point of allowing this if bitcoin has a great future?

Can't imagine if what will the global economy will be in the event btc reaches on that level but I think it is possible for all of them to recover and return to normal so instead of worrying too much, I will calm down for while and think of the positive moments. That would help me to stay motivated and I will be buying more bitcoins.

People can sell their btc for that reason you said above but they can also sell their btc because of too much panicking thinking that more dumps is going to happen and worst that they can think of is that bitcoin is going to end. We don't know what the future awaits for bitcoin but it's always better to stay optimistic.

Allow for bitcoin price on $1,000 need magician how to make all investor holding bitcoin become panic moment for selling their bitcoin asset until dump to lo lower price, but almost impossible not all investor want to sell their bitcoin with lower price. Go ahead and looks not realistic when talking impossible with bitcoin price could dump until $1000. Have been the era of bitcoin as investment assets right now not only with individual person hold bitcoin but also have government and many bigger companies make bitcoin as investment assets.
If another days bitcoin have lower price I little confidence will all investor buy bitcoin after get dropping price because many of bad news around when bitcoin going dump.

we need to be realistic with things here. so at the moment, i don't think we will reach to that level again, given the adoption and scope of bitcoin today. but let's say everything is possible in this market. definitely, people will panic and maybe sell what they have. at that point, you need to decide if you will exit the market or not by evaluating the situation. is there no hope for bitcoin to recover? is this the possible end of crypto? you need to do your own assessment here.

There is almost no chance that Bitcoin will be $1,000 again. However, if there is a 51% attack, such a big price break may occur. While there is global inflation all over the world and the price of everything is increasing, there is no possibility that Bitcoin will be $1,000. Even today's prices are too cheap for a valuable asset like Bitcoin. So, I don't expect any more price drops, but if prices continue to drop, if Bitcoin actually drops to $1,000 one day, I'll do anything to buy more Bitcoins. For example, I can sell all my possessions that can turn into cash.




If you want to buy Bitcoin for $1,000, build a time machine and try teleporting yourself to 2017. I wish you good luck. :)

The reality is that no one knows what's going to happen in the short term.

Many people never expected Bitcoin to lower its price to the previous ATH, yet it did.

The thing is that if you're investing in Bitcoin, this is basically a firesale, so at that price it's a no brainer to buy more, which will keep the price high.

Testimonies are true, bitcoin trading is still paying and changing lives of many.
So i would like to know if you would like a work at your comfort zone, and its a work from home which you would be getting paid every weekend on bitcoin leverage trading.
 Send me a DM

if bitcoin reaches the price of $ 1000. my first thought was to drain my savings and would soon buy as many bitcoins as i could afford.

because I believe if bitcoin reaches $ 1000 then people will race to buy it as much as possible. so bitcoin in a short time will have bounced back to a much higher price. and it could pass through ATH.

even the government will buy bitcoins if bitcoins reach $1000. but I feel the chance of bitcoin falling to the price of $ 1000 is very slim. what will happen is that bitcoin will continue to break through ATH in the next bull market.

So don't miss the opportunity today before regretting it in the future.

The first is to pay attention to how the community reacts to such prices if they continue to show a positive reaction then starting to collect more Bitcoin at that price is a good opportunity that should not be missed and most likely will not repeat itself if it enters a bullish trend, don't regret later for being too afraid to start having more btc with such price

what are you talking about? who are you to be sent a PM? another attempt of scamming ? lol this seems to be a joke  ;D

mate it looks like you see it in different way? how could you call there is a positive reaction from the community if the price continues to decline?

surely there will be more dumping from the whales to make the price even lower and they will buy them all.

I think Bitcoin (BTC) never touch again $1000 dollars because in past it really pumped and touch $69000 dollar So bitcoin has potential to go up in the future. In my experiences BTC touch again $69000 In 2025 to 2027 and also there is the to invest your money at Bear Market.

If eventually Bitcoin falls to $1000 then I will see that as a big opportunity for me to buy more positions because this will be an opportunity than a regrettable season we are. The market is always in different faces so we should always prepared for even downward season when it will look like nothing good is going to come out of the market.
We should always see an opportunity in what we do and what the market present to us. When price is down, we should always have that feeling to buy more because no one knows when the market is going to go bullish.

Common people must think Bitcoin will end if it drops to $1000. But I will buy as many as possible if it drops to $1000. We know that Bitcoin is getting popular and has a crucial role in human life nowadays. It shouldn't end so easily, it must last a long time and has a better value in the future. I am still confident about the possibility of BTC price reaching $100k. I can't imagine how much to get profits if it jump to $100k if I buy at $1000.  ;D

Absolutely.

Bitcoin has been working for more than a decade. I just cannot understand how people think that because the price halves then Bitcoin is dead.

It doesn't make any sense to me, but I appreciate the opportunity to get cheap sats.

I also think likewise because it is really an opportunity to maximize your holding and you don't need to spend some fortune to have some growing assets with you. It is really recommended if something like that will gonna happens to only spend some spare money that you can afford to lose because you are expected to hold your bitcoins for a long time. About 5 years or more, or if you are lucky enough, you could have just gotten some decent amount of earnings when the market shows good results when bitcoin halving.

Bitcoin will never see $1,000 again, certainly not in our lifetime. I know we transition between bull & bear markets, across 4 year cycles but to see the price fall to $1,000 in inconceivable. It’s just not going to happen, it seems pointless to even discuss this.

There would be so many people, institutions, whales buying way above $1,000. It’s not going to happen!

I don't think btc will go below 8K ever again. But. Anything can happen in crypto's. At $1,000 I would be buying with all I got.

"The market cap is 2.1 trillion ...."
https://www.youtube.com/watch?v=CpR2kMxy7O8

That would be another incredible opportunity for me to get cheap Bitcoin , and I would do all I can to buy more Bitcoin because the best time to get rich is during a crash. I will not like to miss out such an opportunity again in my life time, after missing out to buying Bitcoin during 2017 when Bitcoin was traded below $1000 , reason being that I couldn't buy due to I didn't know anything about Bitcoin and not being certain then about the future of Bitcoin, if it were gonna survive.

If it reaches 1000$ again, then I'd be pretty happy because I'll be able to buy more, in fact, that is what I'll do. I'll buy as many BTC as possible at the time, depending on the time savings I have.

atm bitcoin market cap is around 350 billion and total market cap is below 1trillion that's more than half compared to when BTC price was somewhere between 50-60k

I'm gonna invest 50% of my fiat on it, because going down up to $1,000 is a great opportunity to buy Bitcoin and hodl it until it goes back to $68,000 again, and that would be a quick profit maker anyone could have, than storing you fiat in a bank profiting  couple of pennies yearly. However, most of people will probably not invest because of FUD "Bitcoin is dead" and then buy at a very high price which is very illogical.

But I don't think Bitcoin will ever reach $1000And unfortunately if Bitcoin stays at $1000 then Bitcoin and cryptocurrency will be doomed.But if Bitcoin is thinking of getting to $1000 or does, I will definitely invest there.And especially you don't imagine that Bitcoin will come in 1000 dollars.Since Bitcoin has hovered around $69k, how do you think Bitcoin will stay at $1000?

I would sell everything and buy bitcoins. Everyone would. So it will never reach that price. It's too late for all that. The last time it was 3000 was the last time you could get it "cheap". Now we are looking at the future, at institutional money, and eventually it should become less volatile. But who knows?

If you read all the comments above, you can see most people are very excited and declare that they will buy as many bitcoins as possible if bitcoin drops to 1000 USD. This makes me think of the case, if bitcoin drops to 10k and people want to buy more and more bitcoins who will sell them and with such strong buying how can it drop to 1k$?

Personally, I don't think bitcoin can drop below 10k because nobody wants to sell at that low price. In the bad case bitcoin drops to 1000$, I will not rush to buy and I will buy some bitcoins to hold instead of buying all the assets. I think when the risk is higher than the potential it brings, I will consider it carefully.

That's the usual mistake of weak investors, they tend to panic sell when the price of their coins started to dropped then will have regrets after seeing the price is recovering. In the case of Bitcoin, it's unlikely for it to plunged at $1000 again since Bitcoin has gained more investors and major companies invest and accept it. Therefore there's a low chance for it to happen but since nothing is impossible in crypto, as i've said before, I will buy Bitcoin because it's a rare chance.

actually i never thought that bitcoin would reach $1000. okay but i will imagine and answer.
if inflation causes a bitcoin dump of up to $1000, that's when the start of massive investments that will be made by some investors after years have passed bitcoin always surprises investors and when the price reaches $ 1000 it is very stupid not to buy more. if everyone wants to learn from mistakes it's possible when prices like this will buy and always buy and hold until bitcoin surprises again

Seems golden opportunity if bitcoin price crash to $1000 but little worry will have another FUD about "Bitcoin is Dead" because many investor are panic when bitcoin drop drastically. Some time bad habit to all investor want to see bitcoin crash but get chance with Bitcoin price drop actually afraid for reinvesting and keep watching or waiting until bitcoin back to higher price.

Honestly almost drop more than 60% Bitcoin price from ATH nowadays but still can't have moment for bitcoin make another new ATH later, few months later have been one year with bitcoin drop drastically from ATH price and little difficult how to get another new ATH make by Bitcoin.

Despite bitcoin's fall and the fact that it is likely to continue to fall further, but its return to $1000 is the most absurd thing I have heard in this bear market, pretty pointless to discuss the impossible out. We can see today many companies, countries are gradually accepting bitcoin as a good investment in the future. With such widespread development and adoption, it is impossible for bitcoin to drop below 10k$, everyone will buy in if bitcoin falls below 15k, certainly no one can wait for it to drop further.

That's right! Buying more bitcoin is a nice good move in case the market drops to as low as $1000 again and buying it at a cheaper price is really an advantage that any investor doesn't want to slide. But how about if you have already accumulated plenty of bitcoins in the past? How would you react? That's the problem right there, chances are we might get problematic because the options are only buying more or hold. We can't possibly sell that asset in a much lower price than the price when we bought it because that's already a loss.

Even veterans or old ones on this market do really still feel that panic or hesitation and doubts whenever the market do make out huge decline where you do see your portfolio is really going down.There's no way that you could really able to make yourself avoid even if you do have the experience and awareness on the market.

Its impossible that you wont really be making these reactions considering that we are just humans.Whenever we do see our investment declining on fiat value then it would really be that
normal on having these kind of doubts and thoughts in mind.

Reaching back on $1k price is something telling that there's something wrong with Btc.

A $1K price would be a little disturbing, mostly because it would signal a major breakdown in the Bitcoin market. Seeing it drop below the previous cycle high is disturbing enough but you can at least make the argument the the previous high was near the bottom here. At $1K, that’s out the window and by then a majority of Wall Street support would be long gone.

Well, in that case, reaching $1k would be the unique opportunity to own Bitcoin, I think many would take advantage of it, and it would have to be a very strong reason for bitcoin to fall that way, because some consider it to be a temporary refuge of value, even many gold lovers prefer bitcoin more, this is because of the tremendous start it has had and its acceptance worldwide, we also see that in the traditional economy anything can fall, the stock market, stock market and every market that is supported under a backing, here the only backing is the supply and demand, as well as the whales and all that make BTC life.

I would not have thought the price of bitcoin would return to the price of 1000 dollars, if that happened then there would be a lot of people who would buy it, myself included, that this is a golden opportunity for everyone to buy bitcoin at the lowest price, even though it is a very difficult thing. impossible to happen...

No one could have thought that those giant stocks that crashed could crash, but it happened. This is an asset, its price could appreciate or depreciate due to many factors. And the issue is that the pressing factors that would crash Bitcoin might not be the ones that are obvious to speculators, it would come and that would be the reality at the time.

I hope this does not come, but as many appreciate BTC now, what if very bad news happens and the sentiment caused the crash?

Bitcoin is not left out when it comes to the backing as well unless you mean the government's backing as legal tender only. Some countries are doing that also for BTC, yet I agree that it is not enough. Nonetheless, the backing of BTC is almost the same as that of stocks, we should not mince words on this. The people that hold and buy the two keep them alive, not the government.

Perfect! Many do not view this like speculators and professionals, they mainly believe that once Bitcoin sells, it must buy. But are they truly considering the factors that are making it fall? In a situation where it has fallen to $1000, it must have been so demoralized and pressured to the point that almost all the investors/backers/holders must have turned their backs in such a situation.

Some people would certainly buy BTC if the price went down to the $1000 level, but in my opinion, in the first wave, the majority would have panicked and started selling instead of buying. This is always the case with sharp drops, but at the same time, stabilization usually occurs when the price is kept at about the same level thanks to buyers who believe in the asset. So, the price can't fall rapidly until the asset is completely depreciated, the support level will not allow it. And then, there will be growth, even after the $1000 mark. But to be honest, I don't expect bitcoin to drop to $1000 at all. In my opinion, this is practically impossible in today's reality and the price of $100.000 is more likely than $1000.

If bitcoin suddenly plummets severely. I don't think anyone can stay calm and we're sure there will be a lot of questions, what's going on with bitcoin and is this the end? I don't believe people will be brave enough to buy bitcoin for 1k if bitcoin drops from this price. When bitcoin is from 69k and we want it to drop so we can buy and bitcoin price is now 20k, it can be said that this price is cheap, worth buying and worth owning, a price that I consider safe to buy. But if this bear cycle causes bitcoin price to drop to 1k then I bet you no one will dare to buy bitcoin let alone all in bitcoin.

Turn on buy mode to collect as much Bitcoin as possible, this will be an opportunity for anyone who dares to enter the market to get a discount. $1000 will look like a lot to investors who are afraid of risk because they think the price will be difficult to increase again. But for those who really understand the movement of Bitcoin, $1000 doesn't mean anything, they will try to get more Bitcoin when the price is heavily discounted.

For example, buying 1 Bitcoin at a price of $1,000, to get 5 Bitcoins only requires as much as $5,000. when the return price increases 10x from the purchased price, then the investment value becomes &50,000. The more Bitcoins you have, the more money you will get, so don't be afraid to put your money in Bitcoin even if the price is at its lowest level.

Seems have dominance with buy back than selling at the panic moment if bitcoin price went down $1,000 and less opportunity can't our buy order filled, I don't think have ideas if Bitcoin really went down to $1,000 because all investors don't waste their money after investing when bitcoin above $19,000. Likely for Bitcoin price reach until $100,000 not happening in short time at the future, need Bitcoin cycle event on each 4 years maybe to see new ATH for Bitcoin. Almost not any chance in few months later in this year for Bitcoin can reach above $100,000 but seems impossible if Bitcoin price can going down to $1,000.

My opinion about Bitcoin price around two until three months later stuck under $19,000 until $30,000 spent with several months ago Bitcoin price almost stable on area prices $20,000.

If Bitcoin price drops as low as $1000 it will a bad news for some people but for those of us who are just starting, it will be a very good news because we can now buy to recover from the opportunity missed.

Well, since I have recently pulled my investments off Bitcoin. If the price were to reach $1000. I think it's a good time to invest all my savings ;D

Yes, it is a buying season if Bitcoin reaches the mentioned price by the OP but I wonder why you pulled off your investment in Bitcoin when it's the most secure investment in the crypto sphere and for the record, this is not the season of selling your holding because it the season of investment and accumulating more BTC before the next bull run.

I feel there's so much uncertainty in the crypto market now, especially Bitcoin. Even its unstable price is affecting payment value received for services drastically😪

if that is your question then there is a different answer from my part but giving all those? still never take a loan to invest in crypto or even in all investment areas because the risk will be double , that is if you did not manage to profit from your investments and the obligation to pay the loan that surely has interests in that.
let them have that bad thoughts but for us? it is opportunity to become millionaire in the coming years of course.

I will sell my bitcoin at this price and buy when price will become low

That's a very good price to buy, but before it hits the road, a lot of people will panic sell before it hits $1000 and will push the price there.
and what i worry about is people's trust in bitcoin will decrease because they think they are harmed buy high price and sell low price afraid of karma especially those new ones who haven't experienced the real bitcoin journey but $1000 is a very good price to buy more bitcoins and keep for the long term, because the long term goal of the next bitcoin price is 100k the most important thing is to be patient.

The cryptocurrency market must be almost vanished if Bitcoin falls to $1,000.

If people are worrying about it, they should rethink about a basic question and answer it by themselves. Do they think blockchain industry then cryptocurrency market will exist with time? Will they not disappear or be dead in future?

If they self-answer that both will exist with time, Bitcoin will not fall to $1,000 because it will create very high panic on market. Bitcoin at $1,000, altcoins will lose their values like LUNA with its crash in May 2022. I bet with those people that it won't happen.

if the price of bitcoin dropped to 1000$ it would be a great disgrace because there are many people who bought when the price was 50,000$, 60,000$ and more and if the price of bitcoin dropped to 1000$ it is absolutely certain that many people would lose faith in bitcoin, they would sell at a loss and not buy bitcoin again causing the bitcoin price to not come back anytime soon or even never come back to its ATH. people want things that go up even if it takes time, they don't want something that goes down so much that it hits rock bottom, about what i would do in a situation like that: i would buy and put stop-loss at 900$ because there would be no guarantee that the price would not fall below 900$


it is not impossible for the price of bitcoin to fall to 1000$, we always need to be prepared for the worst

Here in this forum, the majority of active members (non spammers and serial bounty hunters) would still be carefully following it to decide what action to take. And if it turns out to not be a problem with Bitcoin as you pointed out, many would fomo in.

I wouldn't say I'll be overjoyed, but I will be overjoyed because the market has lowered the price to the point where many people who missed out on investing in Bitcoin during its early stages can now do so.
Although I know it will be difficult for the Bitcoin price to fall this low because many market makers will not allow it to fall drastically due to their large investment in the market, if it does, I will do everything I can to buy as much as I can because I know it will rise again.

Actually I don't want to speculate about something that I believe is unlikely to happen. But if I really have to speculate, then I'll do what you do. I will carry as much Bitcoin as possible into my wallet instead of turning away from bitcoin. Because it is a golden opportunity that may not be repeated. But again I believe that is unlikely to happen, even if it did, maybe when there is a great recession sweeping across the world.

If the price drops drastically, I think I could need a few bitcoins since I still have money to buy them. It was a joyous moment for many people who didn't have much money because they could buy more bitcoins at very low prices. But I think it's unlikely that the price of bitcoin will drop drastically unless a lot of investors lose faith in bitcoin and a lot of whales sell their bitcoins, causing the price to drop very quickly. But even if the whales will dump the bitcoins, I don't think the price will drop that drastically because it takes a lot of bitcoins to force the price down to that level.

Price manipulation can be done by big players.

The problem with this is that it's not a long term strategy. Sure, they sold lots of bitcoin and lowered the price, but then lots of people kept buying and the price eventually will go back up, and the big players eventually will run out of Bitcoin to sell.

The key thing is that there's a finite number of Bitcoins out there, and they cannot lower the price indefinitely because there's more and more people joining in that also want to participate in Bitcoin.

A price of $1000, which I don't even think is possible, can only happen in the short term. Long term the price will go up.

To answer the question, I would continue buying more Bitcoin at that price.

As long the demand is intact or something didnt change then whenever bitcoins price plummets then its safe to presume that there would really be lots of strong support below which would catch up.

Therefore, seeing 1k price is really somewhat on that impossible side of things to happen but since this market is unpredictable then we can tell that everything is a possibility and this is what makes its hard to make
out conclusive approach when it comes to price.No one could able to determine on how low we could really go in maximum.

If ever Bitcoin hits this low then for sure there's something wrong with it and i dont believe that people would really be that confident on buying on that time.

Big players can indeed do price manipulation. However, they will think that it requires a very large amount of bitcoin because the situation has changed so much in recent years and they also have to estimate how much risk they will take. I would rather buy bitcoins at the current price and collect more Bitcoin than just wait for the price to hit bottom because I know I can have a hard time getting to that bottom.

Moreover, regarding the $1000 price mentioned by @OP, I do not think it will happen because the bitcoin price is now very high and even the big players will also think twice if they want to lower the price to that price level.

well it's true there must be a problem if btc reaches 1000$, but I'm sure the price will go up again in a short time because there will be a lot of demand.
and here can be assured that the price of bitcoin is in trouble and manipulation occurs here

Bitcoin dear touches $1000 that is a whole lot of bagging for me. I will spare no dime to purchasing more of Bitcoin. Irrespective of what really transpired that resulted to the sharp decline in price, I don't mind because I strongly believe it would bounce back with a full and stronger force higher than the all time high price. Bitcoin has gone global with full scale and massive adoption which has been catching attention for long now. However no other Crypto currency can take the place of Bitcoin as the first and therefore remains the first ever blockchain to exist in man kind. Never the less, I really doubt the possibility of Bitcoin dropping below that figure or amount as it has already built a base stronger than that. I am strongly of the view that Bitcoin would do better than it's all time high in less than no time. I believe in the potentials and possibility of a bounce back.

You would definitely looking for the reason on why it had dropped that low, we are really seeing the price which is really near into those early years and presuming that we do able to hit up $69k price in the past

and going $1000 this low then you would definitely presume that there's something wrong with it.It might there is a new issue in regarding about it or simply people jumped into other altcoins which they do seem

which is more worth than Bitcoin.When it comes or times like this then it would be neither people would be that hesitant or would definitely be longing to accumulate as much as they could
but pretty sure that decisions made wont really be that simple.

The price depends on many factors, including human emotions, news coverage, etc. Those are all independent of how Bitcoin works.

If the fundamentals of Bitcoin haven't changed, I would buy as much as I can at $1,000 because inevitably things will change in the mainstream perception over time.

Truly, this seems unlikely, but it does not stop the fact that it is possible. As we hope it doesn't happen, if it happens, then it might be the right time to plan a renewed investment in BTC. Mind you, we do not need the great recession for BTC to fall significantly, what if the US, UK and Europe decided to turn their backs on the coin, what would happen? This is just an example that we will always hope does not happen.

That is the point, the demand can never be intact in such a situation. Such a significant drop would only create panic, and many that are making month that they would buy at such a low might only panic more, or buy a little.

You have some good points here, we should first know the cause of the huge fall and determine if the cause is still lingering, not that we will just blindly invest in it. But don't be sure the price would go up in a short time, just let the right speculations guide you.

I think that the max that BTC could reach is a 10k$ and lower it cant go anyway

I already have a picture of what you described. But I totally agree with you - health is important. But I guess we'll never wait to see $1,000 in Bitcoin again.

I think Bitcoin, currently being at $16K, is just lots of investors who don't understand that fundamentally, Bitcoin is rock-solid.
They see FTX go belly-up, the fear and irrationality kicks in, and they dump... so I buy it up, thanks.

just like you, I will also see what conditions and situations cause the price of bitcoin to fall that deep. the wild scenario that comes to my mind is that the price of bitcoin will crash if satoshi goes public - if that happens then I will not buy bitcoins because most likely the government will control that and make bitcoin a stablecoin.


fact: Bitcoin will never touch $1000 again (never even to $10k).

Buying a bag of Bitcoin in the dip...

I don't think Bitcoin will ever fall to $1000. For this possibility to happen, all the balances in the world need to change. For example; it's like a big international problem. In today's conditions, I think bitcoin can fall to around $ 10,000 at most. This value is also very little for bitcoin, in fact. But since there is an opportunity to buy, it would not upset me if it fell to this value.
if everything goes wrong and it goes down to $1,000, everyone will panic. However, those who do not panic in that state and continue to add bitcoin to their wallet will win big.
It's just going to be a long, patient wait.

If Bitcoin reaches $1000 I will buy as much as I can, it will be a good opportunity for me to profit. As time bitcoin becomes more popular and more people will accept it, one day the price will rise again and have a better value in the future.

if the drop is sharp and sudden, so i will buy. If in the next 2 years we're going to gradually go down, reaching something like 10k next year and 1k in 2 years, I'd be really worried about the future of btc because if you think about it, 10k is mostly under mining profitability. If we took a year at 10k and then went to 1k, nobody would mine this. All those billion dollar investment companies have to get out, all the celebrities, bitcoin casinos, the entire industry has to sell exit ends for us to get to 1k. At this point I'd say flash crashes due to no liquidity possible, but not a gradual drop to 1k. That will indicate the end of all cryptocurrencies.

however if in the end we took a year at 10k and then went to 1k no one would mine this. All those billion dollar investment companies have to get out, all the celebrities, bitcoin casinos, the entire industry has to sell exit ends for us to get to 1k. At this point I'd say flash crashes due to no liquidity possible, but not a gradual drop to 1k. That will indicate the end of all cryptocurrencies.

Because if the price is very low, then it will not be difficult to make an artificial pump and make a big profit from it. But I can't believe the price will be that low. I've seen the price of Bitcoin drop to $4k, but now, because Bitcoin is so much more popular, going so low is impossible.

It is definitely impossible for the possibility of dropping to 1k even if something worse happens, but with 10k we cannot say that this will never happen. In just 3 days, the FTX crash caused bitcoin to go from $21,000 to $15.7k and FTX's drama will not stop, once FTX goes bankrupt, there will be many consequences later. Don't think it's over, I predict that the market will crash again and the bottom could be 10k-12k.

It will be very risky to be honest. I mean suddenly coin like Bitcoin fall 20x it’s worth will be really surprising. So before buying the coin at that price, we should calculate and estimate all the risks that might involve in that. As no one wants to bear losses, like what happened to Doge during Elon Musk’s time. Moreover if we talk particularly about Bitcoins, then there is high chance that price will go up, due to it’s marketcap, so yes purchasing some Bitcoins won’t be harmful, until unless you thinking for long term.

First of all, I would say that it would be a long way to go to get Bitcoin to $1000, and I still believe in Bitcoin at that time. newbies at that time is that they are already bashing Bitcoin at that time. For those who really have experience with bitcoin, if they have solid evidence that bitcoin is not dying, I am pretty sure that they will buy bitcoin no matter what. They will spend their money to buy bitcoin.

This is another statement that's easier said than done.
Let's be realistic here, as I've seen a few replies that they want to fill their bags and buy Bitcoin as much as they can when the price dips down as low as $1k. But, I don't think people's sentiments might still be the same when that actually happens. We've seen one of the worst dip in 2018, where Bitcoin touched $3k after the unprecedented $19k ATH, some even recorded $20k. People were actually panicking and jumping off the train immediately, thinking Bitcoin would crash so hard and will never recover.

I'm curious how many people at these Cefi places bought bitcoin specifically to get a higher interest rate. Like, how many people thought, hmmm, I can deposit my $10k in a bank CD and get 0.5%, or I can buy $10k worth of bitcoin, deposit it on cefi, and get, I don't know, 4 or 6 or 10%+ interest? In other words, how much of bitcoin's price rise came from this kind of (sort of artificial) demand?

On the other side, with fewer companies and coins available for re-hypothezation, that should reduce this (sort of artificial) selling pressure overall, shouldn't it?

I’ve been hearing a lot of the same type of opinions for a long time that the crypto will be in a relative drawdown until the next halving, up to 24 year. Given all the current circumstances and the prerequisites for possible futures, this version seems very real

My first thought will be: Oh great, now I can have a second chance to invest a decent amount of money for my future. I am glad. I should have taken the chance the first time but this is ok too.

My second thought would be: Because of the amazing crash down to 1k, Bitcoin will need years to recover to 20k again. Which is a bit disappointing for those who like seeing big numbers, but I am hodling for years anyway. And the profit in percentage from Bitcoin going from 1k to 20k will be greater than waiting for Bitcoin to go from 20k to 200k, (which I suspect will also take a few years at least).

Personally, I don't buy the idea of those theorists, Bitcoin is still young in the field of financial investment, and we need more years, if not decades to fully ascertain its true nature. For now, be a good speculator based on the economic and technical reality of the market and shun what I call a "myth."

It's nice you have two thoughts about this, but the second thought might not delay that much. Bitcoin could rise very fast after much falling, I won't doubt that. It only needs a reason to do it, and when the opportunity comes, it would be a strong bullish run as it played in the past.

You are one of the few people that are realistic here. Many would want to be rich due to the low price of BTC, but they neglect the possibility of it falling, the cause of the dumping. Honestly, fear and panic would be in the market then, it's easier said than done.

You made me laugh about your comment on the impossibility of Bitcoin falling to $1,000. Please, visit the dictionary to ascertain this, and then you will know that it is possible for any asset to astonishingly rise or unbelievably fall. However, we hope it doesn't happen, but if it does, it's an opportunity for an ardent fan like me.

Buy low and sell high. When it reaches 1,000 US dollars and the price continues to drop, the market may lose many people. They are in this market just to make money, to live. When the price continues to rise. There will be more and more people returning to this market again. People's original intention is still to make money. They will take their chances. People who have been in this market will not leave.

I'd just wait until the price back to normal again. Have been witnessing some of the crash of Bitcoin's price in 2018-2019 and it takes lot of patience to actually wait for more than a year for some people with lot of doubts to actually sell and stuff. But the price went back again in 2020 so just wait if you have patience to do so and buy more if you have affordable money, the price will be back again.

Instead of waiting for the price to return to normal, I think if bitcoin drops to $1k it's an opportunity for us to risk a little bit and buy bitcoin at that price. If unfortunately, bitcoin dies and falls to zero, then we will lose a bit, but if bitcoin after falling to 1k$ and then rises again and reach 100k, we will become rich. But that's just an assumption, as bitcoin's drop to $1k is said never to happen.

According to me and also anyone else that's been in crypto market will say that that's not gonna happen. Cause at that price a lot of people Will Buy So much Btc or Bitcoin will go to Zero cause that's so much less price that can't happen my mean One in million Chances.
There are many reasons behind this cause there are so much big influnetial and also company that cannot risk their money to go too low so that also they do not want new people to get so much big opportunity. Let's see what will happen in future.

Now the 10k drop scenario is seen as quite expected, but I haven't seen anyone seriously consider dropping to 1k. Well, it would be a great opportunity and I would buy some bitcoins, but such a strong drop would make me think and it would be important to analyze why this happened. On the other hand, I do not allow such a scenario, and therefore there is no point in thinking about it yet, issues need to be resolved as they become available.

Honestly, I don't believe people will buy bitcoin if it drops below $1000, then panic and fear will cover all of us, we will doubt and start questioning the future of bitcoin. I don't believe everyone will buy it, more people will run away than buy it.

If bitcoin drops to 10k, I believe many people will buy it because it is really a great opportunity. But if bitcoin goes to 1000$, I will be skeptical and consider it risk more than opportunity, but the risk is worth trying, I will buy some to try my luck, but I wont go all in.

most people who are in the market and so on of course want to make a profit, and if the price of btc returns to $ 1000 of course there will be many people who will buy it, but we now see that the price of btc is still high and this proves that there are still very many people investing in btc.

wow ,,, this topic has been made a long time ago, and this is very interesting.
and it's 2023 now.

now the price of btc is in the range of $ 29000 and this proves that btc is a quality crypto. in my opinion, it will be difficult for btc to drop to a price of $ 1000 and if, for example, it drops to $ 1000, many will definitely buy it.

but if the btc price drops to $ 1000, there will definitely be those who panic to sell for fear of falling even deeper, for example, down to $ 800 and there are also those who will buy because with a decline they see good potential and opportunities.

The price of $1000 is scary. In fact, I didn't expect the price to drop that deeply. It makes no sense, it's possible that this happened when Bitcoin was abandoned. Trust in crypto may decline and many are selling assets. Price periods that never happen and are difficult to predict. Maybe in some periods the price decline is not as sharp as that price, besides that many Whales who will continue to move the market try to hold back from a deep price decline. If the price of $1000 maybe minning will lose, minning will close.  Hopefully that doesn't happen and the prediction line will continue to be trusted and push the price to stay up.

A lot has changed in the market since the beginning of this year and the general mood is the same, now that Bitcoin has been able to make x2, such a fall seems impossible. And even more so, there are positive expectations from Blackrock's interest in Bitcoin, so the mood is more positive than negative. Some corrections, of course, will occur, but it is hard to believe in reaching a new bottom.

To say the truth, this will bring nothing but more fear into the market, my strength and believe in crypto could be over if this happens  ;D im not going to pretend as if it's nothing, for something that's once as valuable as 69,000$, it's 100% easier to think it's over for Bitcoin.

What could have possibly happened to make Bitcoin 1000$? This is the thought that will full my mind, and I am pretty sure that many people will quit the crypto space and run, it's just a fact, many might not like this but even the strongest holders will call it a quit.

Right now I believe this is impossible because Bitcoin adoption hasn't even gotten anywhere, it's just getting started, if you can do some math you will know how young Bitcoin is right now, there is a longer way for Bitcoin to go and that's where higher value will come from.

I don't even think it's possible at this point for the price to go that low.

There are so many people with offers ready to go at the lower prices, that I really don't see it happening.

And, still, the entire market cap of Bitcoin is really low, it's less than one company in the US.

IMO it's currently impossible for bitcoin to go to 1k without a real problem with the network. In other words, no sec lawsuit, or exchange collapse can produce 1k, since years ago a covid lockdown in the US couldn't even get us below 3k. The only thing that could do it would be a multi exchange collapse at the same time, which is almost impossible, a nuclear war, a solar flare, or some other kind of global cataclysm. In such case, I wouldn't be buying, that's for sure. I'd be packing my bags and looking for shelter.

That said, if I somehow were to see a dump large enough to make bitcoin dip to 1k, which is possible due to low liquidity, I'd be trying to buy, although I'd probably wouldn't be able to wire money to an exchange in time before others buy the dip. For instance, if at the current liquidity Microstrategy and Tesla dumped their coins together on the same exchange, we could see 1k for a short time.

The capitalization of corporations like Microsoft or Apple is $2 trillion and $3 trillion respectively, while bitcoin's market capitalization is just $500 billion.  that shows that bitcoin is too small and still too risky, unlike many people who are under the illusion that bitcoin is too big to be risk-free.  Bitcoin hitting $1k again is highly unlikely but by no means impossible.  for me, the future of bitcoin is potential but by no means risk free, the possibility of bitcoin hitting $1k or less remains if the bitcoin network goes down or a better project than bitcoin comes along and replaces it. 

In today's ever-evolving world, nothing is impossible.  bitcoin was born to resist and outperform other assets, it should come as no surprise that in the future something better will be created.

If Bitcoin were to truly head towards $1000, I would feel a tad melancholy as the value of my assets would undoubtedly decline as well. And considering the current price, $1000 might be a nightmare for some hodlers, I'm pretty sure of that.

However, on the flip side, there would be numerous individuals eager to buy Bitcoin in pursuit of catching another wave that could potentially reach new all-time highs in the future. Given Bitcoin's history, where it once traded at $1000 but also soared to $69000, undoubtedly, more unexpected surprises could unfold without anyone being able to foresee them.

I shall make a small purchase and let it fade from my mind. I shall securely store the private key in a safe place and await major news about Bitcoin without constantly checking the BTC price.

I really don’t think Bitcoin hitting $1000 is a realistic possibility. So many funds and companies as well as wealthy individuals have such a large financial stake in Bitcoin now, it’s basically gotten too big to fail. I think as we are seeing now, when the price gets low enough banks are scooping up all that they can. Eventually they’ll limit the supply so much that price increases are inevitable. It’s in everyone’s best interests for Bitcoin to rise in price now, so I don’t think anyone will be able to stop it. Even compromised leadership and incompetent decision making can’t stop this train.