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Author Topic: Bitcoin down to 500?  (Read 5660 times)
BitcoinPC
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September 26, 2016, 09:58:18 AM
 #121

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?

Now, you can see, recently bitcoin was going very well, and suddenly Bitfinex has hacked, so it is main reason that bitcoin's price come down, if this incident never happen, than may be bitcoin would be cross $700 now in this month, but unfortunately, now bitcoin is facing some circumstances, But i don't think that bitcoin once again down under $500. Also i think the time is starting for bitcoin's price might be grow.
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September 26, 2016, 10:30:11 AM
 #122

this now bitcoin price still stable
in 600 dollar every one bitcoin, is very long can down until reach under 500dollar
because next trend bitcoin price can up

i don't think that bitcoin down until $500 because its really hard to get that rate but no one can knows if it can happen or not, better hope that the rate will not go down too far from $595.

i think it will be around in $595-$598 for the down and i hope its not down too deep and will gets increase in next week. but its only my prediction and i hope its gonna happen to go increase for this week.
Going down from $600 to $500 is just 16.6% down. That is very little in terms of Bitcoin. I know that it may seem much, but taking into account the volatility of Bitcoin it is not that unexpected. Bitcoin has seen huge drops and rises, and one have to be able to live with that to play this game.

You are right, everyone  who engage with bitcoin should not be surprised if  bitcoins price would go down or  up because  it really a normal  thing for bitcoin. We should  expect  deep  price drops and  huge inflation spikes everything is  possible on bitcoin. $500 wouldnt hurt soo much though.

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September 26, 2016, 10:42:24 AM
 #123

its just a retrace
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September 26, 2016, 05:28:02 PM
 #124

$500 will be too low for bitcoin to get dumped and i don't think there will another such case like few weeks ago. So i will say better not to wait for price to go below $500 again to buy, buy now and enjoy the profit.
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September 26, 2016, 05:44:25 PM
 #125

The price of bitcoin is a normal to go down.. bitcoins is more way to go in high  price increase for bitcoins..
Just like now that the price is high compare to the price yesterday and i think the price of bitcoin will stay at this level until november and we will see more huge increase price of bitcoin.
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September 26, 2016, 06:01:07 PM
 #126

$500 will be too low for bitcoin to get dumped and i don't think there will another such case like few weeks ago. So i will say better not to wait for price to go below $500 again to buy, buy now and enjoy the profit.

I do think too that there will be no dump till 500  usd.  I think as long as there  is no negative press about bitcoi, it will continue to rise because of the  many new comer to the industry.  So yes buy now while it is cheap, don't  wait for it to go down sub 500 before buyng because you won't be seeing this price anymore in my opinion.

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September 26, 2016, 07:36:34 PM
 #127

$500 will be too low for bitcoin to get dumped and i don't think there will another such case like few weeks ago. So i will say better not to wait for price to go below $500 again to buy, buy now and enjoy the profit.
yes that is a fact,  after bitfinex hacking the price of bitcoin dump and reached the 500$ level but there it got support and then start rising again and now it is trading above 600$ and that is a good news about bitcoin.
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September 27, 2016, 05:53:19 AM
 #128

$500 will be too low for bitcoin to get dumped and i don't think there will another such case like few weeks ago. So i will say better not to wait for price to go below $500 again to buy, buy now and enjoy the profit.
yes that is a fact,  after bitfinex hacking the price of bitcoin dump and reached the 500$ level but there it got support and then start rising again and now it is trading above 600$ and that is a good news about bitcoin.

IMO it won't go down beyond sub-$500 post halving, not unless there's another bad news or there's a security issue. Without those, dumps can be absorbed without the market crashing.

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BitcoinPC
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September 27, 2016, 09:23:03 AM
 #129


I can not predict the price of bitcoin because prices always fluctuate would be very difficult to predict. If bitcoin continue to develop, bitcoin will not be lower than $ 500. But if bitcoin decline is likely to decline to the very large price.

Actually it is difficult to predict the price of bitcoin, because now i saw within few weeks bitcoin is still under $589 to $615, so in this time, on one can predict perfectly. But i believe bitcoin never come back under $500, it is too low price. Also when exchange has been hacked so in that time, bitcoin was not go under $500, so don't think that, but letter bit i want predict that in coming months bitcoin might be go up.
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September 27, 2016, 09:26:10 AM
 #130

I dont think the bitcoin will go down that fast and that is only because i know what the coin will do in the future for sure allot of peopel are saying it is going to drop allot but i dont think so more users the price wil get higher.
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September 27, 2016, 12:24:26 PM
 #131

$500 will be too low for bitcoin to get dumped and i don't think there will another such case like few weeks ago. So i will say better not to wait for price to go below $500 again to buy, buy now and enjoy the profit.

I do think too that there will be no dump till 500  usd.  I think as long as there  is no negative press about bitcoi, it will continue to rise because of the  many new comer to the industry.  So yes buy now while it is cheap, don't  wait for it to go down sub 500 before buyng because you won't be seeing this price anymore in my opinion.
we can't have such an assumption, I think if bitcoin can survive till next year at the range price of $ 550- $ 650. yes we're allowed to think that bitcoin will not fall to below $ 500

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September 29, 2016, 01:41:34 PM
 #132

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?
Bitcoin will never be down again follow those investors on how they going to work with bitcoins there are plenty more investors are new in bitcoin world and cryptop currency they innovating each other to uses bitcoins and looking for partner to do business with bitcoins

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September 29, 2016, 03:01:40 PM
 #133

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?
Bitcoin will never be down again follow those investors on how they going to work with bitcoins there are plenty more investors are new in bitcoin world and cryptop currency they innovating each other to uses bitcoins and looking for partner to do business with bitcoins

You are right bitcoins price would  never go down again  on  $500  points which is somehow  impossible  to consider to lower its price like that nowadays as you said there are new investors and  partners which   are already adopting bitcoin and  this things for sure  could  rise the price of bitcoin.

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September 29, 2016, 03:11:34 PM
 #134

Is the bitcoin price crashing? $500 is a huge drop for bitcoin.

Will the bitcoin price go lower than $500?
Bitcoin will never be down again follow those investors on how they going to work with bitcoins there are plenty more investors are new in bitcoin world and cryptop currency they innovating each other to uses bitcoins and looking for partner to do business with bitcoins

You are right bitcoins price would  never go down again  on  $500  points which is somehow  impossible  to consider to lower its price like that nowadays as you said there are new investors and  partners which   are already adopting bitcoin and  this things for sure  could  rise the price of bitcoin.

I agree it is not will fall to $500. if we predict it will be difficult to fall below $500.
growth of the bitcoin rising steadily getting better and it will continue to help the prices stable above $500 and continues to increase every year.
adopters or investor that will surely grow in 2017, I see as much support of new coins with a nice project and this sure would support higher bitcooin price .

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September 29, 2016, 04:28:39 PM
 #135

I don't see it coming below $550 and even there ain't any possibility for it to come near to $550 unless there is something strong that happens like a dump or an unexpected event takes place like some hack or DoS attacks...

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September 29, 2016, 05:31:05 PM
 #136

I don't see it coming below $550 and even there ain't any possibility for it to come near to $550 unless there is something strong that happens like a dump or an unexpected event takes place like some hack or DoS attacks...

Bro it's not the true buddy. You have to notice one thing that every weekend price is moving to the 600$ plus and dropping some values in weekdays. Most of the people will Know about that very well.
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September 29, 2016, 08:27:58 PM
 #137

I don't see it coming below $550 and even there ain't any possibility for it to come near to $550 unless there is something strong that happens like a dump or an unexpected event takes place like some hack or DoS attacks...

550 is possible, but 500 is something I find hard to believe. If that price is achieve a lot of miners can't mine anymore which is terrible for bitcoin. So the whales make sure the price stay atleast above 550 dollar, because below that there is a potential risk hazard.
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