It going to hurt..! drop back under 1000$

[aardvark15]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

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[leowonderful]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Doubt it. Unless a real dump happens, support at 1100 is enough that this supposedly out of nowhere drop in prices won't break 1000. Altcoins will drop right back down again in just a few weeks or days and those dumped alt coins will be bought back into bitcoin.

[addicto]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Doubt it. Unless a real dump happens, support at 1100 is enough that this supposedly out of nowhere drop in prices won't break 1000. Altcoins will drop right back down again in just a few weeks or days and those dumped alt coins will be bought back into bitcoin.

Support is looking very solid at floor of $1100 actually big whales are just shacking it to make some quick with this practice. So it will be back to $1200+ very soon because there is happening totally unpredictable.

[hase0278]

Bitcoin didn't drop under 1000$ even if ETF was rejected. It just showed how strong bitcoin really is today and how it's market is improving and having more potential buyers and sellers that will eventually help in making the reputation of the btc market good. I guess it might take long before we even see prices under 1000$ or not at all because of bitcoin's resistance but the possibility for now of it dropping was not that high but not that low so be wary of the price movements.

[Mikellev]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Based on the market trend from last 3 years i think the bottom mark will be $1000 and it will not drop any further $1000 is the new lowest mark for bitcoin so there is no way of bitcoin's value going below $1000. I hope some of the inexperienced bitcoin users don't spread panic by continuously posting about the drop in the value of bitcoin because this is what exactly happened in the beginning of 2016 when most of us sold our bitcoin due to the hype which was created by some users when there was a drop in the value of bitcoin and after which the value was increased by almost 3 times.

[BrewMaster]

its funny how history repeats itself and the topics remain the same, as a FUDster you don't even have to make new topics you can just bump the old one up
and the funnier part is that bitcoin is moving up without any of these bullshit predictions coming true. and in the middle of all this, only newcomers lose money if they panic.

[aardvark15]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Based on the market trend from last 3 years i think the bottom mark will be $1000 and it will not drop any further $1000 is the new lowest mark for bitcoin so there is no way of bitcoin's value going below $1000. I hope some of the inexperienced bitcoin users don't spread panic by continuously posting about the drop in the value of bitcoin because this is what exactly happened in the beginning of 2016 when most of us sold our bitcoin due to the hype which was created by some users when there was a drop in the value of bitcoin and after which the value was increased by almost 3 times.

I think the failure of Cryptsy at the beginning of 2016 had a significant affect on the Bitcoin price at that time. I think there was another issue with an exchange that year also.

[CyberKuro]

its funny how history repeats itself and the topics remain the same, as a FUDster you don't even have to make new topics you can just bump the old one up
and the funnier part is that bitcoin is moving up without any of these bullshit predictions coming true. and in the middle of all this, only newcomers lose money if they panic.

Depends on every mind of people whether they want to get profits from trading or hold it for long term, two sides of bitcoiners.
Every increase and dip may beneficial for us, but I don't expect for drop back below $1000 floor.
We can't move any further as long as block size limit and higher fees be solved, we will stay at this level until some of big holders get bored.

[york780]

Bitcoin will not move up untill Segwit is activated. When Segwit is activated we are going to have a dip and then we can finally rise again. Weekend means almost everytime a decline so i expect an another move down like all the charts predict on tradingview.

[Ayiranorea]

Bitcoin will not move up untill Segwit is activated. When Segwit is activated we are going to have a dip and then we can finally rise again. Weekend means almost everytime a decline so i expect an another move down like all the charts predict on tradingview.

Yeah bitcoin will be rising again. As said segwit is the one to give a dump and increase in the price. This too might be the weekend scenario which stabilize and move forward or down depending on the situation.

[york780]

This 1 is 100% correct. ABC move thats what going on : https://www.tradingview.com/chart/BTCUSD/ST356mvt-03062334-BITCOIN-BE-PREPARED/



This is what's going on man , we are going to see 1 dump more before we recover and we must await Segwit also. But that future talk.

[Ron~Popeil]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

No way just wait for a week you will see there will be a surge in the price and bitcoin will regain its normal value of around $1200 but one suggestion to users not to sell out bitcoin in this situation and being on the losing end.

[DarkIT]

you're right, it may be very beneficial for those who have sold their disposal when bitcoin bitcoin prices remained at $ 1250 and above. well, but this may be an excellent opportunity to buy bitcoin in large numbers.

[Ron~Popeil]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Yes, simple logic, when we see the value is less for btc then it is the best to buy and waiting some time will be no harm because we get the best profit from selling it. i dont think so price will go down now.

[mindrust]

It is happening. There is a massive pressure on the prices and absolutely no support. Already near 1100$ at the moment. One step more and we are at 1000$.

It lasted long enough and gave everyone multiple chances to sell when it was at 1200+. I hope everyone got out before the crash.

[york780]

Indeed. It is triple digits time.  Everyone hold on tight! Worse is yet to come, AB have already occured wave c is coming ! Prepare for battle!

[Iranus]

Nope, this isn't happening.

Bitcoin's support is clearly quite strong at around $1100 at this point, it has been fluctuating over that point and even remained pretty much consistently over that point after the ETF which was impressive.  I think unless the threat of a hard fork becomes too prominent, Bitcoin isn't going to drop back under $1000 in the near future.

If it did though, that wouldn't be much of a problem at all, because Bitcoin has been under there and done very well for a long time.  Maybe it'll even reduce the volume of transactions and remove all the unnecessary pressure on the scaling debate from all this hype recently.

[audaciousbeing]

For me, I Dont have any problem regarding whether the price of bitcoin is going below or above $1000 but at the same time I have a belief that its not going under even when the news of ETF filtered the town last week and things are even getting more stable. I dont see I happening any time soon maybe when we face one big news though.

[Trongersoll]

It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Regarding to the topic if the price goes down it should not hurt us. We have seen huge income in btc even if the price goes down we have the confident again the price will raise which is why lot of people of joining into the btc world. if the price goes down then buy the coins so you can sell when the price is high.

[bitcoinvest]

i don't know but maybe you see that almost 20 exchanges released a plan regarding the upcoming fork IF happen of course.

"As exchanges, we have a responsibility to maintain orderly markets that trade continuously 24/7/365. It is incumbent upon us to support a coherent, orderly and industry-wide approach to preparing for and responding to a contentious hard fork. In the case of a bitcoin hard fork, we cannot suspend operations and wait for a winner to emerge."

What they say in my ears is : "As exchanges, we are here to win and manipulate orderly markets that trade continuously 24/7/365. It is incumbent upon us to win from a coherent, orderly and manipulated-wide approach to preparing for and responding to a contentious win-win situation. In the case of a bitcoin rip off, we cannot suspend operations and wait a for a winner to emerge, we will be the winner"

* This is a funny approach and i don't mean to say that this is the reality. anything you say can and will be used against you so, allow me to post as joke