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Author Topic: Will BTC ever reach 1000 again?  (Read 1664 times)
btcmerich
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January 12, 2017, 07:11:11 AM
 #21


Sure it will reach 1000USD and even higher the question is when and how much lower will it go before the rise. At the moment is best to keep your bitcoin if you do not need money .
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January 12, 2017, 07:21:54 AM
 #22

China 'banned' BTC again as always when we reach a top. You are being manipulated by the big money.
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January 12, 2017, 08:04:07 AM
 #23

I was in the same situation about more than a year ago. The price was going down and everyone was panicking. I decided to take the chance and I bought at $490. I recently sold those coins for $1100 even though I had to wait for more than a year. You will regret selling at a loss, if the price goes back to those levels again. We do not have a crystal ball, but we have seen what happens in the past and in most cases the price goes up to, or even higher than the past.

Hold on for a while, and see what happens. Short term volatility just scare off the people who do not see the bigger picture. ^smile^

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January 12, 2017, 10:18:35 AM
 #24

It's big money behind the scenes that run this show, so it's in their benefit to make the price pump significantly, and to make it tank again. It hasn't been any different since I started trading in early 2013. If you also consider that Chinese exchanges are heavily involved in the well known mining farms, then you also know that it's in their own benefit to keep the price at certain profitable levels. If it's not by legit demand, these exchanges will offer a helping hand by making the price go up artificially. So don't worry, the price will go back to +$1000 levels again.

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January 12, 2017, 10:50:21 AM
 #25

It will reach 1000$ again, that is sure. The question is when. They price will not falling forever, just like it's not climbing up forever. People always forget that and always make panic.
What comes up, must come down and vice-verca, nothing strange in that.

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hase0278
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January 12, 2017, 11:01:32 AM
 #26

BTC in my opinion will reach 1000$ again but it might be long before that happens or it might happen just after the chinese dumping their coins because of their government. For now all you can do is to either hold what you got, and patiently wait for the price to go back above 1000$, or to sell now to cut your losses. Its your call though but if im in your place, i'd rather use that coin in altcoin trading.

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January 12, 2017, 11:22:42 AM
 #27

I think it wont crash, if you dont have serious losses just dont cut it and wait for long.
It will resurge back up. I am pretty sure next time we will pass peak.

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January 12, 2017, 12:06:17 PM
 #28

I will buy many bitcoin today. I feel sorry when it does not sell bitcoin in the price of 1100USD.
it was my chance to become rich. This time I will not repeat the mistake back.

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January 12, 2017, 12:12:52 PM
 #29

I will buy many bitcoin today. I feel sorry when it does not sell bitcoin in the price of 1100USD.
it was my chance to become rich. This time I will not repeat the mistake back.
It's bad that you missed the great opportunity to sell above the $1000 mark but that's history now. Focus on what you can do right now.

Buying at current prices may still be a risk since we don't know whether or not the panic is out of the market, but I also know that current prices are tempting to buy at.

And uhhh, become rich? How many coins would you have sold in which you would become rich as you have stated? My definition of rich is at least $1,000,000 worth of coins.

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January 12, 2017, 12:40:41 PM
 #30

back in 2015 when price was crashing to $200 and even once it went down to $170 everybody were desperate and thinking price can never go up again. i said it back then and i say it again here, it is just a hiccup, a bump on the road. we will get back on the real track soon, as long as regular holders stop giving their money to whales for free or whales feel like their pockets are full enough.














 

 

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January 12, 2017, 12:42:19 PM
 #31

I think Bitcoin will reach 1000 again before the end of 2017.  Whales just riding the news in China to bring fear to bitcoin holders, which I think is clever enough to shake weak hands and even moving those people who is beginning to trust Bitcoin.
If you are at a lost it would be wise to hold it if you do not have urgent need of the money.

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January 12, 2017, 12:57:19 PM
 #32

We need to remember that huge part of bitcoin price is in our mind. Psychology of the crowd was always the most important factor influencing the price.
So I am quite used to seeing this kind of FUD about bitcoin failing. There is even site called Bitcoin Obituaries where you can read all unfavorable reviews that bitcoin failed and soon will be gone.

Don't believe in this, if bitcoin price is low right now then it means that it is time to buy.

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January 12, 2017, 12:59:49 PM
 #33

I think Bitcoin will reach 1000 again before the end of 2017.  Whales just riding the news in China to bring fear to bitcoin holders, which I think is clever enough to shake weak hands and even moving those people who is beginning to trust Bitcoin.
If you are at a lost it would be wise to hold it if you do not have urgent need of the money.

It is true that due to china news the market got feared and reacted and the weak hands got feared and started to sell but now the price going back to 1000 price will take surely more then 6 months as it has to get back some good news to get positive reaction in the market


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January 12, 2017, 01:32:32 PM
 #34

I was really disappointed to see bitcoin drop back to 750s, i expected the fall but not a return to same price that was before the climb. As far as bitcoin reaching $1000 again is concerned then bitcoin will very easily reach 1000, its speculated that bitcoin will even reach $10,000 in next 5 years so 1000 shouldn't too difficult it was already achieved and it can be once again.

                                                                       
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torrentco
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January 12, 2017, 02:24:29 PM
 #35

if it ever reaches 1000 usd again there will be an incredible resistance point at 1k this time.
people wont be likely to make the same mistake twice and there will be huge sell at that point.
if i had any coins and would sell them once we hit 920-950 again.
i am not expecting a 1k+ end this year actually.

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January 12, 2017, 02:26:46 PM
 #36

of course, I think this year will reach the price of bitcoin fixed price of $ 1,000. maybe this time bitcoin prices down to very much, but, it will soon become normal again. Well, I also think that the price of $ 1000 is impossible, but we see that the price of bitcoin be higher than $ 1,000. I think, very much chance that will happen, which will make the price of bitcoin back at that price.

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January 12, 2017, 02:35:14 PM
 #37

Long time lurker, first time poster. I made a very silly mistake of buying coin at $1160. I use bank transfer which takes days to process, so there was nothing I could do when the collapse started just 2 hours after my purchase. I've also had a fair bit of coin that I bought at 800 months ago. When the price began to dip under 1000, I thought I could just sell the coin I bought for 800 to break even. But I held on expecting a recovery. And now we're at 780. There was a lot of hype on this board which certainly impelled me to buy. But I'm starting to think BTC is unrecoverable at this point. I don't see a rebound. I don't mind holding onto my coins for another 6 months, but if it's just going to drop to 600 and stay there for another 2 years then I might as well sell now. What do you guys think?

You are already on a loss and there will be no change if you will minimize the loss by doing selling at the current rate. Since you just face the output then why extent it more by still holding the coins you have purchase at $1160. It's just the same since you will buy again at the current rate or should I say waiting for more dip. Just hold and hold and hold and let it idle even it will take years. What you must do now if you have still some extras ammos there is to take advantage of the current dip and plan for another rounds of buying.

Anyways is there any other way/s available in your country to buy coins without using bank transfers? When there is a rally it's not good if all our funds or ammos can't be accessed immediately.

P.S Im not saying you should do that. If Im on your situation that will be the possible actions I will made.

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January 12, 2017, 02:37:06 PM
 #38

Wow you make a mistake, my friend. But it was not a problem and make it a lesson so as not to make mistakes again. Actually, no one knows when bitcoin will rise or fall, it is very difficult to predict. But I'm sure the price will recover and exceed $ 1,000 again, because of fluctuations bitcoin very reasonable. I'm sure the price down not until for years and remain at a low price, surely in a few months the price will go up and back towards $ 1,000. Because now bitcoin has grown and very advanced.

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January 12, 2017, 02:48:56 PM
 #39

You really are not lucky, but you can at least learn from the mistakes you've done. For the price back to the $ 1000 I do not think it would take up to two years, I predict by the end of this year will return to the Bitcoin price of $ 1000 or maybe more than that or too close to it and it always happens.


 
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January 12, 2017, 03:16:53 PM
 #40


...but if it's just going to drop to 600...

Do not be so pessimistic, if the price drops below $600 I'll be at the loss and this will not be good for me Grin



...What do you guys think?


The price will go up, it can take maybe 3 to 4 months, but it will go up. Bitcoin is a refuge asset as someone said on a site. When governments implement some law and people are not satisfied with this law, they rush to buy bitcoin to avoid losses of your investments and the price of bitcoin goes up. Ha ha ha

Just relax that you'll have the opportunity to see bitcoin grow over $1150

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