Snorek
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May 05, 2017, 01:07:31 PM |
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Never is a strong word, unlikely is a little healthier.
Just my line of thoughts as well. buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
At this point sub $1000 is totally possible that is only 40% decrease, can happen even in one day. But if we will see a $5000 BTC then i dont think it will be ever possible. $5000 is totally of of the picture for at least next 2 years IMO. I expect that bitcoin will be traded for at least $6k-$12k after next halving. And we could see sub $1000 BTC in case of cumulative bad news, e.g.: Bitfinex final bankruptcy, new harsher cryptocurrency law and fail of BTC scaling.
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hase0278
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May 05, 2017, 01:27:10 PM |
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We could see sub $1000 BTC in case of cumulative bad news, e.g.: Bitfinex final bankruptcy, new harsher cryptocurrency law and fail of BTC scaling.
It is possible that we really can see sub 1000$ price again in the future so I think it is too early for OP to say that sub 1000$ price is gone forever specially right now that bitfinex issue, block scaling issue and many more is still here. Even if all problems preventing btc price to rise higher right now is gone, I still would not say that sub 1000$ price is forever gone, it might come back anytime.
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n0ne
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May 05, 2017, 02:25:06 PM |
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We could see sub $1000 BTC in case of cumulative bad news, e.g.: Bitfinex final bankruptcy, new harsher cryptocurrency law and fail of BTC scaling.
It is possible that we really can see sub 1000$ price again in the future so I think it is too early for OP to say that sub 1000$ price is gone forever specially right now that bitfinex issue, block scaling issue and many more is still here. Even if all problems preventing btc price to rise higher right now is gone, I still would not say that sub 1000$ price is forever gone, it might come back anytime. Several issues have been overcome by bitcoin from the year on which bitcoin started to grow potentially. Importantly the sub $1000 is always a possible price, because even in the past once after reach ATH suddenly the price fall took place at the unexpected time frame after which gradual increase took place.
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Wind_FURY
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May 06, 2017, 02:39:02 AM |
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forks, finex, alts any of these could
btc can go below 1K easily. now below 100$ ? no, unless an alt takes over which eth may at this rate.
I think we will see 100K before we see 100$ though
ETH taking over and sitting on the throne as the cryptocurrency king? You must be joking. If you said Litecoin I could find some reasons to agree with you. Ethereum is still very experimental and untested. well ETH is 1/3 the way there now.....btc dominance has been dropping all the time....the trend seems to be that way.... IF btc got its dev act together then I would be inclined to say BTC all the way. I will believe it if I see it. Having 1/3 of Bitcoin's market cap could also mean we are seeing one of the biggest cryptocurrency pump in history. That would also mean we will see one of the biggest crypto dump in history. They come side by side in case you did not notice. Bitcoin already has an economy behind it giving it real use.
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Kanine Awe
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May 06, 2017, 02:40:51 AM |
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Definitely think it will dip sub 1k again. We are in a massive bubble. It might take a while, but I see it going below 1k in the next three years. Would be nice if it just kept climbing forever, but that isn't realistic, and BTC has had hard crashes in the past. History loves to repeat itself, but it will hopefully once again bounce back stronger.
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Wind_FURY
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May 07, 2017, 01:06:31 AM |
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Definitely think it will dip sub 1k again. We are in a massive bubble. It might take a while, but I see it going below 1k in the next three years. Would be nice if it just kept climbing forever, but that isn't realistic, and BTC has had hard crashes in the past. History loves to repeat itself, but it will hopefully once again bounce back stronger.
I agree with your general statement but I cannot agree with the sub $1000 crash remark because it may or may not happen. One thing I am hoping for is it stays like this for 10 more years. Some people here seem to think so judging from their posts.
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Herbert2020
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May 07, 2017, 06:46:21 AM |
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Definitely think it will dip sub 1k again. We are in a massive bubble. It might take a while, but I see it going below 1k in the next three years. Would be nice if it just kept climbing forever, but that isn't realistic, and BTC has had hard crashes in the past. History loves to repeat itself, but it will hopefully once again bounce back stronger.
it is funny that when i check your post history i see when the altcoin you support rises up, you call it "strong technology and a good dev team!" but when bitcoin rises up it is a bubble. price went up fast for sure, and it will definitely come down but coming down doesn't mean it is crashing, it doesn't mean it was a bubble. instead it means a price correction is happening. a very simple and common thing to happen in all the markets. and it definitely doesn't mean price will go down to $1000 or below just because it went up and now is correcting!
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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BitHodler
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May 07, 2017, 11:50:11 AM |
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One thing I am hoping for is it stays like this for 10 more years. Some people here seem to think so judging from their posts.
Bitcoin is still a tiny dot. If you look at how much potential growth it can realize in the coming years, then at some point you'll think back and regret not having bought more at current prices. Bitcoin will continue to break through each round $K mark. It's impossible for the price to remain at these levels for too long if you take the growing demand into consideration. That's exactly why I will keep hodling the far majority of my coins for many many more years. It really doesn't make any sense for me to cash out at current prices. It will be extremely dumb to do so.
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BSV is not the real Bcash. Bcash is the real Bcash.
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MFahad
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May 07, 2017, 12:25:05 PM |
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Right now, bitcoin has a good price and good time of period. For me, it is hard to predict that bitcoin will come back at $1000. But i think so 30% chances are here that bitcoin might be come back. The reason is that people are holding their bitcoins because of high price, when they see bitcoin has a good price than all people start to sell their bitcoins, than suddenly bitcoin price going to down, than may be bitcoin will come at $1000. May be it will give us new time to buy the bitcoin at $1000.
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equator
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May 07, 2017, 01:13:21 PM |
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Right now, bitcoin has a good price and good time of period. For me, it is hard to predict that bitcoin will come back at $1000. But i think so 30% chances are here that bitcoin might be come back. The reason is that people are holding their bitcoins because of high price, when they see bitcoin has a good price than all people start to sell their bitcoins, than suddenly bitcoin price going to down, than may be bitcoin will come at $1000. May be it will give us new time to buy the bitcoin at $1000.
I dont agree with you, right now the people are holding and buying more because of waiting for the ETF approval and if it gets ok then we can see the bitcoin price above $2000 and if it gets rejected then we can see the price near $1000.
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CoinCidental
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May 07, 2017, 02:32:00 PM |
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buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
Sub $1400 maybe gone forever the way things are going...
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BrewMaster
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May 07, 2017, 03:57:02 PM |
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buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
Sub $1400 maybe gone forever the way things are going... nah, it is too soon to say that. lets wait until ETF is rejected once again and if price could hold above $1400 then we can talk about whether or not sub $1400 is still possible! (the first rejection price went down from $1230 to ~$900)
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There is a FOMO brewing...
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CoinCidental
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May 07, 2017, 04:03:52 PM |
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buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
Sub $1400 maybe gone forever the way things are going... nah, it is too soon to say that. lets wait until ETF is rejected once again and if price could hold above $1400 then we can talk about whether or not sub $1400 is still possible! (the first rejection price went down from $1230 to ~$900) We are not getting an Etf,but I don't think people care about that As much as last time Japan as a nation treating Bitcoin as a legit currency is worth more than an Etf would be, especially if you don't live in USA Also depends how high we go between now and the next Etf rejection lol...
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Golftech
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May 07, 2017, 04:08:16 PM |
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Right now, bitcoin has a good price and good time of period. For me, it is hard to predict that bitcoin will come back at $1000. But i think so 30% chances are here that bitcoin might be come back. The reason is that people are holding their bitcoins because of high price, when they see bitcoin has a good price than all people start to sell their bitcoins, than suddenly bitcoin price going to down, than may be bitcoin will come at $1000. May be it will give us new time to buy the bitcoin at $1000.
I dont agree with you, right now the people are holding and buying more because of waiting for the ETF approval and if it gets ok then we can see the bitcoin price above $2000 and if it gets rejected then we can see the price near $1000. well maybe that's the reason why there's a lots of support from traders buying btc and hold it until the etf results we are all waiting for sure to see some dip and wanted to buy back under 1000$ but its really hard now to say as bitcoin keep on rising and moving up so well.
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BrewMaster
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May 07, 2017, 04:14:24 PM |
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buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
Sub $1400 maybe gone forever the way things are going... nah, it is too soon to say that. lets wait until ETF is rejected once again and if price could hold above $1400 then we can talk about whether or not sub $1400 is still possible! (the first rejection price went down from $1230 to ~$900) We are not getting an Etf,but I don't think people care about that As much as last time Japan as a nation treating Bitcoin as a legit currency is worth more than an Etf would be, especially if you don't live in USA Also depends how high we go between now and the next Etf rejection lol... haha i don't live in US and i couldn't care less about ETF nonsense but it seems like market cares a lot about it for some weird reason! in any case i hope i am wrong as this rise is all or at least 90% because of Japan ... when is this one going to be rejected anyways? i heard it is next week but i couldn't find it on the news.
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There is a FOMO brewing...
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Wind_FURY
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May 08, 2017, 02:07:35 AM |
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One thing I am hoping for is it stays like this for 10 more years. Some people here seem to think so judging from their posts.
Bitcoin is still a tiny dot. If you look at how much potential growth it can realize in the coming years, then at some point you'll think back and regret not having bought more at current prices. Bitcoin will continue to break through each round $K mark. It's impossible for the price to remain at these levels for too long if you take the growing demand into consideration. That's exactly why I will keep hodling the far majority of my coins for many many more years. It really doesn't make any sense for me to cash out at current prices. It will be extremely dumb to do so. I am with you in your opinion. But it does not mean that I would buy without any thoughts about good entries. I always buy when the price crashes that is why I always have low bid orders ready at the $1000 - $1200 level. Sometimes my buy orders get filled sometime they miss but they are always there waiting.
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Vaskiy
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May 08, 2017, 04:30:54 AM |
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One thing I am hoping for is it stays like this for 10 more years. Some people here seem to think so judging from their posts.
Bitcoin is still a tiny dot. If you look at how much potential growth it can realize in the coming years, then at some point you'll think back and regret not having bought more at current prices. Bitcoin will continue to break through each round $K mark. It's impossible for the price to remain at these levels for too long if you take the growing demand into consideration. That's exactly why I will keep hodling the far majority of my coins for many many more years. It really doesn't make any sense for me to cash out at current prices. It will be extremely dumb to do so. I am with you in your opinion. But it does not mean that I would buy without any thoughts about good entries. I always buy when the price crashes that is why I always have low bid orders ready at the $1000 - $1200 level. Sometimes my buy orders get filled sometime they miss but they are always there waiting. That's good way to buy at the best price and profit at the right time. As bitcoin is a speculative currency anything might happen based on the user community who are the driving force of the price and the growth in different sectors. Possibly more the investment will lead for further price surge.
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jubalix
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May 08, 2017, 04:39:06 AM |
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Japan being now BTC legal, I wonder, I just wonder if the Japan Postal Bank might diversify a fraction of their 2T holdings into BTC to seek some better returns than zero.
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CoinCidental
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May 08, 2017, 04:45:14 AM |
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buyers will come in at 1100-1200 on next dip. you will never again get the chance to buy a bitcoin for under 1k.
Sub $1400 maybe gone forever the way things are going... nah, it is too soon to say that. lets wait until ETF is rejected once again and if price could hold above $1400 then we can talk about whether or not sub $1400 is still possible! (the first rejection price went down from $1230 to ~$900) We are not getting an Etf,but I don't think people care about that As much as last time Japan as a nation treating Bitcoin as a legit currency is worth more than an Etf would be, especially if you don't live in USA Also depends how high we go between now and the next Etf rejection lol... haha i don't live in US and i couldn't care less about ETF nonsense but it seems like market cares a lot about it for some weird reason! in any case i hope i am wrong as this rise is all or at least 90% because of Japan ... when is this one going to be rejected anyways? i heard it is next week but i couldn't find it on the news. SEC have said they will answer by not later than the 15th / next monday i think the rejection is mostly priced in tbh ,if we get a dip il buy MOAR tho ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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nethan1btc
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May 08, 2017, 10:42:08 AM Last edit: May 08, 2017, 08:35:08 PM by nethan1btc |
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One thing I am hoping for is it stays like this for 10 more years. Some people here seem to think so judging from their posts.
Bitcoin is still a tiny dot. If you look at how much potential growth it can realize in the coming years, then at some point you'll think back and regret not having bought more at current prices. Bitcoin will continue to break through each round $K mark. It's impossible for the price to remain at these levels for too long if you take the growing demand into consideration. That's exactly why I will keep hodling the far majority of my coins for many many more years. It really doesn't make any sense for me to cash out at current prices. It will be extremely dumb to do so. I am with you in your opinion. But it does not mean that I would buy without any thoughts about good entries. I always buy when the price crashes that is why I always have low bid orders ready at the $1000 - $1200 level. Sometimes my buy orders get filled sometime they miss but they are always there waiting. That's good way to buy at the best price and profit at the right time. As bitcoin is a speculative currency anything might happen based on the user community who are the driving force of the price and the growth in different sectors. Possibly more the investment will lead for further price surge. That price will normally occurs when sellers were pulling the price down and more dumps will be happening, so don't be so confident enough that 1000 is gone forever. The price fluctuation is moving unpredictable specially with this case of price updates is really rising to it's very peak nowadays; it's swinging up until $2k. So we must have positive visionary and proper motivations towards digital currency eventhough price is really unpredictable, but still you are not lossing hope to patiently wait for your profit to grow.
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