sub 1000 gone forever

[Noctis Connor]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

Some of willing to use bitcoin is waiting for the price to get down before they start using bitcoin lmao they didn't know that bitcoin will never be at the price of the way they think. If they knew about it since day one maybe they one of the millionaires now.

[CoinCidental]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

Some of willing to use bitcoin is waiting for the price to get down before they start using bitcoin lmao they didn't know that bitcoin will never be at the price of the way they think. If they knew about it since day one maybe they one of the millionaires now.

if anyone hanging out here since 2011 onwards and isnt a millionaire by now  they must be incompetent or something

[richardsNY]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

Some of willing to use bitcoin is waiting for the price to get down before they start using bitcoin lmao they didn't know that bitcoin will never be at the price of the way they think. If they knew about it since day one maybe they one of the millionaires now.

if anyone hanging out here since 2011 onwards and isnt a millionaire by now  they must be incompetent or something

People get tempted to sell far too easily. If you bought your coins in 2011 and you see that the value jumped like 200-500%, it will take massive balls to not sell them. But overall, I do agree that if you got the chance to buy coins at just a few bucks a piece, that you should have been at least close to being a millionaire. But it's easy talking now the price has gone up immensely already....

[giveen]

No actually there is a chance that the price goes below 1000$ as bitcoin is still an online currency and it can be hacked by a group of professionals which in turn can lead to a huge drop or maybe china do it's biggest move which everyone fears , banning all crypto exchanges in china.

[gentlemand]

if anyone hanging out here since 2011 onwards and isnt a millionaire by now  they must be incompetent or something

The sensible ones won't admit it. But I've also seen extremely longstanding members coming out with pitiful figures. Just because you're around for along time doesn't mean you don't have bills that needed meeting back in the day.

Chuck in Gox, Pirateat40, BFL and countless other disgraces and huge success stories might well be thin on the ground.

Maybe the best placed people are those who bought in the 200s in 2014/15. Most of the shit was out of the way by then and it's also crystal clear that BTC is going places. That wouldn't have been so obvious when it was peanuts.

[cryp24x]

No actually there is a chance that the price goes below 1000$ as bitcoin is still an online currency and it can be hacked by a group of professionals which in turn can lead to a huge drop or maybe china do it's biggest move which everyone fears , banning all crypto exchanges in china.

In any circumstances there is always this thing called chance.  Yeah there is still a chance for Bitcoin to dip in 3 digit or less.  But the identifier would be slim and next to impossible.  Unless everything went not well for BTC and lots of FUD making people lose their faith in Bitcoin.  Though personally, i believe we had bid goodbye to 3 digits Bitcoin when it reaches 1400 USD.

[machinek20]

It will be a good thing if bitcoin stable at over 1000$, its mean there are a lot of users using bitcoin as transaction currency, but there is still chances it will be drop to 1000$ if something bad is happening like last time the hard fork issue or any other bad things, but hopefully it wont happened again

[Wind_FURY]

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.

Is the 2T you are talking about $2 trillion or is it in Japanese Yen? Whatever it is, it is still a very large amount in US Dollars.

You are a writer, right? Write an article about your opinions on the matter and why it is good or why it would make sense for them to diversify. It would be good to know how the others in the community take it.

[leowonderful]

Nobody ever made respectable or insane amounts of money betting on the overdog. Same goes for Bitcoin. I've been on the ride since 300 and I'm still hanging on, and if anything just ignore the FUD and watch the price every now and then. Just know that one piece of information and a whale seeing it can cause price to dump and traders anguish. One reason to just buy and HODL and not trad, not saying trading isn't good for Bitcoin but I personally stopped a while ago.

As for 1000, I'm convinced we could possibly hit near that if something goes amiss. It won't be the end of the world but an annoyance in Bitcoin's journey to the moon.

[Wind_FURY]

Nobody ever made respectable or insane amounts of money betting on the overdog. Same goes for Bitcoin. I've been on the ride since 300 and I'm still hanging on, and if anything just ignore the FUD and watch the price every now and then. Just know that one piece of information and a whale seeing it can cause price to dump and traders anguish. One reason to just buy and HODL and not trad, not saying trading isn't good for Bitcoin but I personally stopped a while ago.

As for 1000, I'm convinced we could possibly hit near that if something goes amiss. It won't be the end of the world but an annoyance in Bitcoin's journey to the moon.

Here is a thought. Bitcoin could be rewriting the way of trading trading strategies as we know it. Evidently we have not seen something like this before in all of human history. Some may compare Bitcoin's story with the Tulip Mania. That is a big mistake. Tulips do not have real world use in finance and markets. Bitcoin does and it is changing everything.

[Seansky]

Nobody ever made respectable or insane amounts of money betting on the overdog. Same goes for Bitcoin. I've been on the ride since 300 and I'm still hanging on, and if anything just ignore the FUD and watch the price every now and then. Just know that one piece of information and a whale seeing it can cause price to dump and traders anguish. One reason to just buy and HODL and not trad, not saying trading isn't good for Bitcoin but I personally stopped a while ago.

As for 1000, I'm convinced we could possibly hit near that if something goes amiss. It won't be the end of the world but an annoyance in Bitcoin's journey to the moon.

Here is a thought. Bitcoin could be rewriting the way of trading trading strategies as we know it. Evidently we have not seen something like this before in all of human history. Some may compare Bitcoin's story with the Tulip Mania. That is a big mistake. Tulips do not have real world use in finance and markets. Bitcoin does and it is changing everything.

The current price movements I think proved that the saying "History repeats itself" does not happen all the time. Nothing last forever and everything is changing so it is natural that bitcoin might be undergoing some kind of changes because of the past events that have happened. As we know it now, whales can control bitcoin price up or down but seeing it as the way it is now, I think whales does not have any control at all to what is happening now. Even if that is the case I think it is too early to say that sub 1000$ price is gone forever so for now I will watch price movements and see it till the end even if it is pumped or dumped.

[Vaskiy]

It will be a good thing if bitcoin stable at over 1000$, its mean there are a lot of users using bitcoin as transaction currency, but there is still chances it will be drop to 1000$ if something bad is happening like last time the hard fork issue or any other bad things, but hopefully it wont happened again

In the past during the time of the ATH, soon after that an unexpected price fall took place. So anything could happen without prior indication. After a long the price seems to fall a small bit after the continued increase from the range of $1200 towards $1750.

[magneto]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

Yeah definitely. I'm waiting for the dump right now and going to buy as much as I can. Although this does resemble a bubble at this stage of the pump i've still got 20-30% of my crypto holdings in bitcoin because i really don't want to miss out on the next pump if there happened to be another one.

I do think that 1,000 is something that we can all agree on being the absolute floor right now. Doubt that it'll drop under 1000 for a long time, probably not in 1 year at least. And if nothing bad happens to bitcoin it'll probably be never broken.

[Jherek]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

I think you're right.

I'd say that dip is coming real soon because the price just simply cannot keep increasing on a daily basis. Right now it's increasing by around $50 minimum every single day and that's the definition of a bubble in my opinion.

But once it reaches 1100-1200 level people will think about how bitcoin rose so quickly from that level to 1750 which is the price level we are on right now, and people will start buying back again and bitcoin will rebound.

[lionheart78]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

I think you're right.

I'd say that dip is coming real soon because the price just simply cannot keep increasing on a daily basis. Right now it's increasing by around $50 minimum every single day and that's the definition of a bubble in my opinion.

But once it reaches 1100-1200 level people will think about how bitcoin rose so quickly from that level to 1750 which is the price level we are on right now, and people will start buying back again and bitcoin will rebound.

if this price become stable for at least 1 month, and no sign of dumping or going down to less than $1300  then probably it is safe to say that we won't be seeing $1200 again.  there are lots of incoming start up project to Bitcoin specially in Japan that will push the price further. If I am not mistaken there are 18 pending request for operation approval and many of these are major company in Japan.

[pitham1]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

I think you're right.

I'd say that dip is coming real soon because the price just simply cannot keep increasing on a daily basis. Right now it's increasing by around $50 minimum every single day and that's the definition of a bubble in my opinion.

But once it reaches 1100-1200 level people will think about how bitcoin rose so quickly from that level to 1750 which is the price level we are on right now, and people will start buying back again and bitcoin will rebound.

It is not increasing by $50 every day. Bitcoin's price is down by 2% in the last 24 hours.
Such corrections are good. They prevent the price from going up too fast and prevent a bubble from forming.
However, I don't think we will see sub 1000 again.

[Wind_FURY]

Nobody ever made respectable or insane amounts of money betting on the overdog. Same goes for Bitcoin. I've been on the ride since 300 and I'm still hanging on, and if anything just ignore the FUD and watch the price every now and then. Just know that one piece of information and a whale seeing it can cause price to dump and traders anguish. One reason to just buy and HODL and not trad, not saying trading isn't good for Bitcoin but I personally stopped a while ago.

As for 1000, I'm convinced we could possibly hit near that if something goes amiss. It won't be the end of the world but an annoyance in Bitcoin's journey to the moon.

Here is a thought. Bitcoin could be rewriting the way of trading trading strategies as we know it. Evidently we have not seen something like this before in all of human history. Some may compare Bitcoin's story with the Tulip Mania. That is a big mistake. Tulips do not have real world use in finance and markets. Bitcoin does and it is changing everything.

The current price movements I think proved that the saying "History repeats itself" does not happen all the time. Nothing last forever and everything is changing so it is natural that bitcoin might be undergoing some kind of changes because of the past events that have happened. As we know it now, whales can control bitcoin price up or down but seeing it as the way it is now, I think whales does not have any control at all to what is happening now. Even if that is the case I think it is too early to say that sub 1000$ price is gone forever so for now I will watch price movements and see it till the end even if it is pumped or dumped.

Your post im confusing. What is your point behind all that rabble babble? You say one thing and then you say another thing.

Anyway what do you think of this thought. I believe the rising price is an advanced preparation for the next halving by the miners. Next block reward would be 6.25 BTC. Knowing the greed of the miners, they would need a really high Bitcoin price to gain profit and continue operating their mining farms. I also believe we will see further centralization of mining by that time.

[pooya87]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

I think you're right.

I'd say that dip is coming real soon because the price just simply cannot keep increasing on a daily basis. Right now it's increasing by around $50 minimum every single day and that's the definition of a bubble in my opinion.

But once it reaches 1100-1200 level people will think about how bitcoin rose so quickly from that level to 1750 which is the price level we are on right now, and people will start buying back again and bitcoin will rebound.

It is not increasing by $50 every day. Bitcoin's price is down by 2% in the last 24 hours.
Such corrections are good. They prevent the price from going up too fast and prevent a bubble from forming.
However, I don't think we will see sub 1000 again.

sub $1000 is a whole different story.

but price has been rising fast, it is not about how much it goes up or down in one day but over a longer time like a week or a month. and this month bitcoin price has been rising a lot. we started at $1200 and now we are close to $1800 and that is about $600 rise which is a lot! (50% rise) and this means we should expect a correction soon.

[Wind_FURY]

buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.

I think you're right.

I'd say that dip is coming real soon because the price just simply cannot keep increasing on a daily basis. Right now it's increasing by around $50 minimum every single day and that's the definition of a bubble in my opinion.

But once it reaches 1100-1200 level people will think about how bitcoin rose so quickly from that level to 1750 which is the price level we are on right now, and people will start buying back again and bitcoin will rebound.

It is not increasing by $50 every day. Bitcoin's price is down by 2% in the last 24 hours.
Such corrections are good. They prevent the price from going up too fast and prevent a bubble from forming.
However, I don't think we will see sub 1000 again.

sub $1000 is a whole different story.

but price has been rising fast, it is not about how much it goes up or down in one day but over a longer time like a week or a month. and this month bitcoin price has been rising a lot. we started at $1200 and now we are close to $1800 and that is about $600 rise which is a lot! (50% rise) and this means we should expect a correction soon.

Not only a correction but also a dump. I am not saying that Bitcoin is dead or any of that but it will end somewhere. It is nothing but a natural occurrence in the market. Bubbles do form and then they burst and back again. It is recurring in nature.

[BitcoinPanther]

Not only a correction but also a dump. I am not saying that Bitcoin is dead or any of that but it will end somewhere. It is nothing but a natural occurrence in the market. Bubbles do form and then they burst and back again. It is recurring in nature.

I agree, every climb had its peak, or if peak is not yet reached, there is always a stop over or a possible downtrend and bitcoin is no exemption.  The thing is that currently there is too much good news regarding bitcoin adoption in some countries, that might probably influence other country that has been neutral to bitcoin.  I guess we can still see several ATH breaking prices before correction kicks in.