sub 1000 gone forever

[Wind_FURY]

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. 

You spoke too soon. The correction is starting now but I still see it as an opportunity to be more Bitcoins. I hope the correction goes all the way down to $1200.

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[surix]

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

Yep, apart from future major negative news, sub-1000 is really gone... as anyone would buy huge quantity already when price is close to 1200. No chance it will go lower.

[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.

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.

well the terminology in bitcoin is a bit tricky in my opinion
when price is fluctuating in a $40 ($20 up and $20 down) range it is considered stable.
when it is going up $100-$200 it is considered a simple rise.
when it drops $100-$200 it is considered a dip or correction, specially if it is after a $600 rise.

but yeah i agree that there is always dump, then panic sells then the avalanche starts and then whales enjoy buying cheap coins in the end!

[1Referee]

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

Yep, apart from future major negative news, sub-1000 is really gone... as anyone would buy huge quantity already when price is close to 1200. No chance it will go lower.

Only negative happening that has the potential to crash the price back to sub $1000 levels, is if the BU gangsters decide to initiate a fork at the 51% mark. But they aren't that stupid to jeopardize their entire operations at such a marginal network majority. I remember that Jihan Wu even threatened to do so, but of course, it's just an empty threat. I won't discard seeing sub $1000 levels again, but it's more and more becoming an unlikely thing.

[peter0425]

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. 

You spoke too soon. The correction is starting now but I still see it as an opportunity to be more Bitcoins. I hope the correction goes all the way down to $1200.

Yeah. Its looks like there is a correction right now but the price will not go down to $1200 level. Probably more on $1500, but it is too high actually. Although we don't have any choice, if we want to invest on it better bought it now and just store in for a long time. Because after the correction, the price will increase again, so much better to buy it now.

[btcney]

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 don't think thats a bad thing.... but i do recommend buying bitcoin as fast as you can at this point. then don't spend the majority of it for a while.
i'd love to see btc value skyrocket to 15k/ 1 bitcoin lol. its fascinating to see broke peeps get rich xD. what if it instead takes another tip below 1k a bitcoin in the future though? what impact would it have overall on the btc network? when/ if btc ever hits 500k/ 1 bitcoin what will you have? im hoing to have like 4 to 5 btc when that time comes at least.

[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.

Yep, apart from future major negative news, sub-1000 is really gone... as anyone would buy huge quantity already when price is close to 1200. No chance it will go lower.

Only negative happening that has the potential to crash the price back to sub $1000 levels, is if the BU gangsters decide to initiate a fork at the 51% mark. But they aren't that stupid to jeopardize their entire operations at such a marginal network majority. I remember that Jihan Wu even threatened to do so, but of course, it's just an empty threat. I won't discard seeing sub $1000 levels again, but it's more and more becoming an unlikely thing.

If he makes irresponsible statements like those to threaten everyone then it a POW upgrade should be developed and be ready for deployment. Miners should serve the network, not control and threaten it. If the miners cannot act responsibly then it is time to change them.

[jonald_fyookball]

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 don't think thats a bad thing.... but i do recommend buying bitcoin as fast as you can at this point. then don't spend the majority of it for a while.
i'd love to see btc value skyrocket to 15k/ 1 bitcoin lol. its fascinating to see broke peeps get rich xD. what if it instead takes another tip below 1k a bitcoin in the future though? what impact would it have overall on the btc network? when/ if btc ever hits 500k/ 1 bitcoin what will you have? im hoing to have like 4 to 5 btc when that time comes at least.

a nice of chunk of change. we all will.  but we need bigger blocks.  not fucktard core devs and the bs NON-scaling shitty roadmap.

[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.

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.

Sub 2k btc is likely history at this stage
This time next year you won't be able to buy 1 btc for $10k...

[AjithBtc]

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.

Sub 2k btc is likely history at this stage
This time next year you won't be able to buy 1 btc for $10k...

That's the hard reality. I too believe that with the ongoing price increase we won't be going below $2000 anymore. I hope we'll reach $3000 in a short and $3500 by the end of 2017 or by starting of 2018 causing a gradual increase to reach $10k in a short. Based on this at the same time next year we might not get the chance of buying at $10k per bitcoin.

[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.

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.

Sub 2k btc is likely history at this stage
This time next year you won't be able to buy 1 btc for $10k...

That's the hard reality. I too believe that with the ongoing price increase we won't be going below $2000 anymore. I hope we'll reach $3000 in a short and $3500 by the end of 2017 or by starting of 2018 causing a gradual increase to reach $10k in a short. Based on this at the same time next year we might not get the chance of buying at $10k per bitcoin.

i will stick by my  original prediction
after the chain splits ,the winning btc (big blocks chain) will be $5k by xmas

[MRlong]

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.

Sub 2k btc is likely history at this stage
This time next year you won't be able to buy 1 btc for $10k...

That's the hard reality. I too believe that with the ongoing price increase we won't be going below $2000 anymore. I hope we'll reach $3000 in a short and $3500 by the end of 2017 or by starting of 2018 causing a gradual increase to reach $10k in a short. Based on this at the same time next year we might not get the chance of buying at $10k per bitcoin.

i will stick by my  original prediction
after the chain splits ,the winning btc (big blocks chain) will be $5k by xmas

Ok, I will following your guess and I hope that can become to really in next time. But I still always carefully with SegWit2x status from Bitcoin, if SegWit fail the price will breakdown and take a big loss in my funds

[jonald_fyookball]

TOLD YOU.