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Author Topic: Will bitcoin ever drop to $1200-$1500  (Read 2937 times)
BitHodler
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May 18, 2017, 05:46:55 PM
#41

Bitstamp has always worked great for me although I've seen a few complaints on bitcointalk about them before. I have yet to try kraken though, is there any benefit to them over bitstamp?
For the simple user (I fit in that category) there isn't really any major benefit over Bitstamp.

Difference is in them having plenty of altcoins that people can buy and sell, where Bitstamp only allows you to trade XRP alongside Bitcoin. But for me it has no value as I only focus on Bitcoin.

Then we have the difference that Kraken allows people to do margin trading, where Bitstamp doesn't (yet) allow margin trading. And so there are a few more things.

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May 18, 2017, 06:55:55 PM
#42

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner Smiley

Thank you!
I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.

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May 18, 2017, 07:32:35 PM
#43

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner Smiley

Thank you!
I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.
When bitcoin will be reaching $2000 levels, it may face some corrections as many people would have targeted $2000 as their profit booking zones. But we need to consider the hype bitcoin is going to generate when it will be valuing like some huge big round numbers. I mean new investors may rush in and may take bitcoin prices to $2300 to $2500 at no time too.

Corrections are always possible but looking for $500 gap seems non-practical as per how strongly bitcoin prices are moving forward now a days. 

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May 18, 2017, 08:19:55 PM
#44

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner Smiley

Thank you!
I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.

Honestly there is always a possibility that bitcoin will drop in certain x price.  Bitcoin price is not shielded from any down or crash since it is all depend on the demand of the people.  If people stop supporting bitcoin then it can even drop to worst price per bitcoin.

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May 18, 2017, 08:41:14 PM
#45

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner Smiley

Thank you!
If you need your money and for that you want to sell your bitcoin at $2000 then it is not bad but if you are thinking for getting the profit and you do not need your money urgently to buy any thing then you are doing bad as the price of bitcoin will increase up more higher. I know you are thinking to sell at $2000 and buying again at $1500 then that is not possible because the price will continue to increase as bitcoin is getting more strength with time.

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May 18, 2017, 08:46:40 PM
#46

I don't see why not. One of the odd things about this price level is that the drops and rises don't seem to be reducing all that much percentage wise. It can shed or gain $100 just as quickly as it used to get rid of much less.

I would not be timing buys and sells with the expectations of certain prices though. It's a very weird market at present.

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May 18, 2017, 08:52:07 PM
#47

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner Smiley

Thank you!
I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.
i do not think that bitcoin will drop its price one month before bitcoin price was about $1500 and i waste my time to wait for down price and also missed the good chance to buy bitcoin with low price and now bitcoin price is too much high and i think you should buy bitcoin because price will be go to more high.

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May 18, 2017, 08:59:36 PM
#48

If bitcoin will reach $2000 and then correction will bring it down to $1500, it will be hell of a correction, don't you think? IMO it is not likely to happen.
And secondly, market is more driven than rising demand than by pure speculation, like it used to be. Just look at Price volatility index, it's much lower that it used to be:

https://www.buybitcoinworldwide.com/volatility-index/






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May 18, 2017, 10:49:03 PM
#49

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.
if you have been reading crypto news you will know by now that the is a high demand for bitcoin every day and selling now will expose you to high priced bitcoins when you need to buy some again.

Quote
Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.
The prices of bitcoin looks to have stabilized and if it were to drop maybe 1670 should be the average dip

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btw. Im a beginner Smiley

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May 18, 2017, 11:21:00 PM
#50

I did expect for a correction some time back ,but with the present market situation i am not even sure what to make of it as the corrections we saw are just minute which means that there are investments coming in with every drop and not like we used to see earlier and we might see a good correction but i am not too sure when that will be and it all depends upon how much rally are we going to make with this run.














 

 

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May 18, 2017, 11:27:53 PM
#51

Dont expect a really big correction and it all depends how much the market is going to move forward,the general perception is that the positive news keeps on coming and the days of pure speculations are over as there are solid investors in the old who are looking for the long term rather than the short term profits.
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May 18, 2017, 11:47:32 PM
#52

Dont expect a really big correction and it all depends how much the market is going to move forward,the general perception is that the positive news keeps on coming and the days of pure speculations are over as there are solid investors in the old who are looking for the long term rather than the short term profits.

bitcoin is purely speculation
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May 19, 2017, 03:46:06 AM
#53

I would say it is quite possible, even under $1000, this is because the price at the pump and then they will sell all of the bitcoin and eventually prices will drop again.
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May 19, 2017, 03:50:28 AM
#54

There is always a posibility rise and drop is normal in any form of currency. But i will never sell my coins  i will just continue holding them.

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May 19, 2017, 04:03:40 AM
#55

I think that it is very possible for bitcoin to drop to 1200$-1500$ price ranges since dumps are bound to happen anyway after upward price movements like what we are seeing now, continuous upward trend of price. I really do hope this continues until 2000$ mark is reached and goodluck to you OP I know you can buy more bitcoin at your target price later if bitcoin rises to 2000$.

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Caladonian
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May 19, 2017, 04:09:44 AM
#56

As mention by previous reply it can happen that btc will fall back to 1500$ as theres many traders and investors around which aiming to make profit and did targetted 2k$ as their end zone then wait for retrace and buy back to make another huge earnigs.

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Jokoin
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May 19, 2017, 04:16:08 AM
#57

It's sucks a bunch... but no one here knows for sure. If we did - we would all be rich right? You've got to gauge the situation yourself buddy, and then take responsibility for your own actions  Grin.  If you do want my personal opinion however... I don't think Bitcoin will drop until after it hits 2000. I'd sell bitcoin for cash at around 2100, and wait a day - if no price drop after the day buy back in. You can't wait too long in this game, or you miss the boat!
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May 19, 2017, 04:23:21 AM
#58

Price is nearly $2k now and who would have thought that it can reach that amount, so i think it is possible no one can really tell if whats going to happen in value of btc, it can continue to increase or drop anytime. you have specific price to buy again at $1500, better wait for that amount to drop but if you cant wait then buy at your own risk.

jonald_fyookball
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May 19, 2017, 05:02:10 AM
#59

you're asking an anonymous stranger to make financial decisions for you?

no one knows what's gonna happen. don't listen to anyone else. make up your own mind.

Thats true! but Im just asking for some advice, I will have sell my coins at $2000. but dont know if there's going to be a drop to bulkload again

nobody knows!  that's the nature of markets.  uncertainty.

honestly, bitcoin is such a once in a lifetime investment, it doesn't make sense risking trading mistakes, just load up the boat and hodl.

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May 25, 2017, 04:35:34 AM
#60

Price is nearly $2k now and who would have thought that it can reach that amount, so i think it is possible no one can really tell if whats going to happen in value of btc, it can continue to increase or drop anytime. you have specific price to buy again at $1500, better wait for that amount to drop but if you cant wait then buy at your own risk.


Before some days ago, I was thinking bitcoin will be back at least $1500. But now i have changed my mind, and finally i think it is impossible to guess the perfect prediction. Bitcoin price is rise everyday and now bitcoin has very strong price, than may be before the end of 2017 bitcoin cross $3000 to $3500, than in that time, it is impossible to think that bitcoin would be come back at $1500.  
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