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

[gilangIDR]

bitcoin prices continue to decline when the current is very strong. I still do not understand any incident that could cause this. of course this will create chaos in the financial markets bitcoin.

[Huge Black Woman]

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

Sounds ta me like y'all lost a little bitta money wit' bitcoin.  If y'all bought high, my suggestion is getcho ass sober an' start lookin'' at the market wit' a clear head.  Only suckas like my extended family be sellin' right now.  That there is a suckatrap.  HODL onta yo bitcoin, 'cause we goin' back up shortly.  This here ain't the goddam treasury bond market o' some such thang.  This here is bitcoin.

If'n I had me some spare money, I'd be abuyin'.  As it stand now, I jist gotsta watch the circus from my comfortable lawnchair. 

[aardvark15]

It could drop even more than it is now. I can see it dropping to 700 and then make a gradual increase back up the rest of the year.

[romero121]

The price has fallen beyond the level that most of the users predicted. Possibly this might take price towards the range of $750. From that once again the price might increase gradually with fluctuations happening often. Soon after this we won't be getting high price similar to that happened recently.

[ArdiPrabowo]

this now bitcoin price is down is very fast
until now bitcoin price to down reach 800 dollar
if much people panic sell, is stay panic, i think can down until reach 700 dollar

[RoommateAgreement]

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.

considering the price was nearly $800 before this spike started and also considering that price was extremely stable and strong with a slow snail-like rise, i can agree with your guess about $850-875 range to be the stable price of these days and then move up from there. maybe in 1-2 months from now.

[iTradeChips]

when btc reached around the previous ATH i sold most of what little dust i had. good timing this time. now im looking for a good price to buy some again for cheap when this settles. meanwhile its time to earn some cheap coins thru various gigs here. good look to all

[btcton]

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.

considering the price was nearly $800 before this spike started and also considering that price was extremely stable and strong with a slow snail-like rise, i can agree with your guess about $850-875 range to be the stable price of these days and then move up from there. maybe in 1-2 months from now.

I posted in another thread about exactly this and the stabilizing point. I feel like it is going to be stabilizing around $700-$800, however. Right now it's at $825 and still decreasing, which indicates that I might most likely be right, assuming it doesn't keep decreasing (fingers crossed).

[U2]

Now is the perfect time to buy buy buy! Bitcoins are on discount. This week only. We're crazy to let them go this cheap so get on the ticket to the moon while you can!!! I love a good dip because when we go back up I see big $$$.

[Kevinde]

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.

That is correct, Guy. It must return under 500$ because of banning bitcoin in China. Chinese is holding nearly 90% of bitcoins in the world and Once the ban was enacted . Bitcoin market will be down deeply.

[Hazir]

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.

That is correct, Guy. It must return under 500$ because of banning bitcoin in China. Chinese is holding nearly 90% of bitcoins in the world and Once the ban was enacted . Bitcoin market will be down deeply.

What are you talking about? China is not banned bitcoin, nor is planning to do so, as far as I am aware. Where did you hear this news?

Please don't spread unconfirmed FUD.

[uki]

bitcoin prices continue to decline when the current is very strong. I still do not understand any incident that could cause this. of course this will create chaos in the financial markets bitcoin.

I guess with your experience level you should already understand how pump and dump works. Bitcoin was pumped well beyond its current market value and now the prices are (quickly) coming back to the normal levels. Let's see where the bottom, also called the real market price, is. I guess we may see a retest of $700 soon.

[equator]

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.

That is correct, Guy. It must return under 500$ because of banning bitcoin in China. Chinese is holding nearly 90% of bitcoins in the world and Once the ban was enacted . Bitcoin market will be down deeply.

What are you talking about? China is not banned bitcoin, nor is planning to do so, as far as I am aware. Where did you hear this news?

Please don't spread unconfirmed FUD.

They are not banning but they are regulating some conditions of using it and they are motoring on the cryptocurrency transactions that is why the users are getting afraid and that is the main reason for the decline, what ever it is always that when it reached the high and some bad news will follow and it will make the price down.

[Mr.grin]

Well, this is a similar situation in 2013, bitcoin prices continue to decline when the price reaches $ 1000 price bitcoin. whether the price of $ 1000 is an unlucky number for bitcoin? I do not think so. it is because people are always aiming to sell their bitcoin bitcoin when the price reaches $ 1000 price. Well, I just hope that the prices stabilized at a high price.

[Balmtand]

Well, this is a similar situation in 2013, bitcoin prices continue to decline when the price reaches $ 1000 price bitcoin. whether the price of $ 1000 is an unlucky number for bitcoin? I do not think so. it is because people are always aiming to sell their bitcoin bitcoin when the price reaches $ 1000 price. Well, I just hope that the prices stabilized at a high price.

Things are different now. It is possible the average price will be higher than $1000 this year.

[maydna]

Well, this is a similar situation in 2013, bitcoin prices continue to decline when the price reaches $ 1000 price bitcoin. whether the price of $ 1000 is an unlucky number for bitcoin? I do not think so. it is because people are always aiming to sell their bitcoin bitcoin when the price reaches $ 1000 price. Well, I just hope that the prices stabilized at a high price.

Things are different now. It is possible the average price will be higher than $1000 this year.

i think we are not waiting to long to see more than $1,000 in this year because now the price is more than $11xx and will be increase more soon. but i am afraid if suddenly we are going to see the down trend in one or two months later, there will be many people and traders will shock to see the price. but if its really happen, then i think its a normal condition as the bitcoin price is always fluctuative and in the end, the price is always increase more than before.

[r32godzilla]

Today the price of bitcoin has crossed $1000 level again and it will keep on moving up and down in coming days too and I don't think there is any thing to worry at all as this fluctuations will always be a part of bitcoin journey and it will recover the price pretty soon.

[royalfestus]

It is back above $1000. The $1000 is a conquered threshold, if it goes beyond it it wont last a while. I once said, $2000 mark this year may not be feasible but 1500 at the end of the year is sure. If it is growing steadily, it gets more reliable than a steep growth

[richardsNY]

Today the price of bitcoin has crossed $1000 level again and it will keep on moving up and down in coming days too and I don't think there is any thing to worry at all as this fluctuations will always be a part of bitcoin journey and it will recover the price pretty soon.

It's nice of course that the price has gone over $1000 level, but we're still sitting in the same situation. I don't add much value to the price that has gone over $1000 again, because there is no support, and panic still isn't over. It takes a low number of coins to get the price to dive under $1000 again, and thus -- we're not save yet. Currently it's party time for day traders.

[HarryKPeters]

It is back above $1000. The $1000 is a conquered threshold, if it goes beyond it it wont last a while. I once told said, $2000 mark this year may not be feasible but 1500 at the end of the year is sure. If it growing steadily, it gets more reliable than a steep growth

I think the coming weeks will be turbulent, which is why I decided to wait it out. Having some btc and some in altcoins, it's just a matter of time before the market will show a permanent direction.