Now That Bitcoin Is Under $1000 Again.. Again...

[Sweeet]

What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.

[dalexc]

Perhaps. That seems reasonable. Of course that will only be the short term movement - the long term I still see it move to fresh highs.

[Telepo]

What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.

I'm sure you are right . I have a thought the same as yours. I'm waiting for the price of 800-850$ to buy again. But I think it will come back 1,050$ in next 24 hours. Do you know if is there anything bad coming?

[anonbit992]

Perhaps. That seems reasonable. Of course that will only be the short term movement - the long term I still see it move to fresh highs.

I am of the same opinion. This is just a knee jerk reaction. Bitcoin will recover from this fall. Best time to add is now. Buy bitcoin as a long term investment. Other well established Alts looking attractive at the current price levels. You can add now slowly.

[Your Point Is Invalid]

I think the lower price will cause panic selling and lower the price more as usual, i think it will trend down back to the $700 region within the next week or so, hopefully im wrong and the price will jump back and peak again

[hase0278]

Bitcoin's price in my speculation is that it will continue to go down slowly in a few days from now but it will stop and start rising again, or stabilize on a price under 700$ so if you plan to buy now maybe delay it for later since the chance of it from rising again to above 1000$ this week or another or maye months from now is 50/50 so better wait for a better price than to regret it later.

[alyssa85]

Hopefully it will stabalize in ythe $800 to $950 range for a few months. It needs to get boring again.

[BitcoinHodler]

What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.

it is so hard to tell at this point.
the newbies aka weak hands were shaken out pretty good with this panic shakeout. there is a total of 140KBTC (excluding Chinese of course) volume right now! i don't think there is anybody left to panic and push the price lower

[zuyfg888]

I think the lower price will cause panic selling and lower the price more as usual, i think it will trend down back to the $700 region within the next week or so, hopefully im wrong and the price will jump back and peak again

i don't think it will go down in $700 region that is too much unless there are some big issues in bitcoin like the mtgox in the past where it is the reason why btc price went down to around $200 AFAIK. with the current movement and without major issues i only think around $900 floor price this time and will continue to spike in the next few weeks.

[addicto]

As like there is no reason why it was going up and now same happening why it falling. It seems people are just taking profit into that correction phase. I hope this time we will be stable above $940.

[weilichesbin]

I think next Floor will be around 500Dollars. The Problem is the Chinese Governence which will decide not to allow BTC anymore and to hurt users very much that are using btc.

[talks_cheep]

I think next Floor will be around 500Dollars. The Problem is the Chinese Governence which will decide not to allow BTC anymore and to hurt users very much that are using btc.

Dang, somebody beat me to this.

Amazing thing is the Chinese Commies have allowed bitcoin price to rise so high, I was told they wouldn't, but sometimes Chairman Mao can be a bit shifty. I guess they've had enough, they will continue to crack down on bitcoins to stop their people from sending all their money abroad. This was an expected turn of events, do not get caught with your pants down. Sell now, we'll see $500 or even lower.

[weilichesbin]

I think next Floor will be around 500Dollars. The Problem is the Chinese Governence which will decide not to allow BTC anymore and to hurt users very much that are using btc.

Dang, somebody beat me to this.

Amazing thing is the Chinese Commies have allowed bitcoin price to rise so high, I was told they wouldn't, but sometimes Chairman Mao can be a bit shifty. I guess they've had enough, they will continue to crack down on bitcoins to stop their people from sending all their money abroad. This was an expected turn of events, do not get caught with your pants down. Sell now, we'll see $500 or even lower.

I think also we will see Again Prices lower than 500 $

[digaran]

I think the lower price will cause panic selling and lower the price more as usual, i think it will trend down back to the $700 region within the next week or so, hopefully im wrong and the price will jump back and peak again

i don't think it will go down in $700 region that is too much unless there are some big issues in bitcoin like the mtgox in the past where it is the reason why btc price went down to around $200 AFAIK. with the current movement and without major issues i only think around $900 floor price this time and will continue to spike in the next few weeks.

You know why price dropped to $200 back then? because difficulty wasn't as today, now the price will only drop to $650 if something like mtgox or whatever happens, but now with a new investors and mining farms you should hope for $900 and $980 in 2017.

[kokojie]

Probably last chance to buy under $1k

[weilichesbin]

I think the lower price will cause panic selling and lower the price more as usual, i think it will trend down back to the $700 region within the next week or so, hopefully im wrong and the price will jump back and peak again

i don't think it will go down in $700 region that is too much unless there are some big issues in bitcoin like the mtgox in the past where it is the reason why btc price went down to around $200 AFAIK. with the current movement and without major issues i only think around $900 floor price this time and will continue to spike in the next few weeks.

You know why price dropped to $200 back then? because difficulty wasn't as today, now the price will only drop to $650 if something like mtgox or whatever happens, but now with a new investors and mining farms you should hope for $900 and $980 in 2017.

If you cant sell because no one is allowed to buy you can have thousands mining farms and price will crash. The Market decides the Price not the Producer...

[Katewind]

What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.

Do you think if the price will come back 1,050$ ? I'm ready to re-buy if the price is down at 800$.
it seems the price is hard to return back above 1,000$ because the Panic sellings happened. Just wait and see.  

[hulla]

What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.

I guess you're right sort of when you said it will spike down a bit and then hike up. But I don't agree with the amount you choose as the stabilized price cos it going to stay at the range of $900-967.

[iqlimasyadiqa]

What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.

Do you think if the price will come back 1,050$ ? I'm ready to re-buy if the price is down at 800$.
it seems the price is hard to return back above 1,000$ because the Panic sellings happened. Just wait and see.  

of course it could all happen, there are still many possibilities bitcoin prices could reach 1000USD again. but I think it does not happen today, perhaps the next few days after the bitcoin market calm. we have to wait patiently bitcoin prices rise.

[totothedog84]

but not is possible in 3 hours pass to 1110 EURO to 910euro!! FUCK BTC!!!!