Will we ever see bitcoin lower than 1000$?

[deisik]

Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?

Unless something really terrible is going to happen, that's unlikely

For example, Satoshi Nakamoto's body is found (just kidding). So unless a sort of Black Swan event should occur, the price is unlikely to fall below 1,000 dollars per coin. As to me, 1,200 dollars should be a pretty tough bottom to break through, this is where the current rally has started, and this is where it could hypothetically end. Right now we see the price rebounding strongly and unless big fish, sharks and whales alike decide to cash out the price may not even fall below 2,000 dollars (I use Bitfinex prices for reference)

[1715130216]

1715130216

[AK47-]

Bitcoin for sure is a volatile asset. It has historically undergone a series of sudden price bubble driven largely by investors and speculators. But it never gets a low as it was before the bubble happened. So, I would say going back $1000 will not happen. Maybe we will see $1500 again but not $1000.

[cram03]

I guess in the situation of bitcoin value right now that will not ever happen under 1000$ when bitcoin that value all of the traders of bitcoin will be get rich and in the short time the value of 1000$ will up to 2000$ again for sure.

[Kray]

If bitcoin will fall, Lowest price for btc around $1000-1300. When btc price was $1000, btc fall to $150-200. It means price will drop upto 80%

[bamboylee]

It is possible that because of the sudden surge in price, there will be a correction happening in the future. But I do not think the price will fall back to below 1000$. Even before the rally, the support was already at above 1000, so if it falls, it will be on that level.

[Ayers]

the only way to see BTC go that low would be another MtGox event  

that's not possible anymore because unlike with mtgox, the numbers of coin are more spread in many exchange, and not all in a single one like with gox, and it's also more harder to mnaipulate in this way

If bitcoin will fall, Lowest price for btc around $1000-1300. When btc price was $1000, btc fall to $150-200. It means price will drop upto 80%

i think that is not possible, new resistance is at least at $1500 or maybe $2k, but not quite, sure, the last drop put us still above $2k and was an huge drop, so $2000 seems to be a nice consolidation wall

[Kevin77]

the only way to see BTC go that low would be another MtGox event  

that's not possible anymore because unlike with mtgox, the numbers of coin are more spread in many exchange, and not all in a single one like with gox, and it's also more harder to mnaipulate in this way

Not just mtgox event, I could not find the any service related reasons which will be impacting bitcoin similar to mtgox event. Because we are having multiple choices for the any one particular services.

This community is not depending on only one provider for their entire needs. People are using multiple providers for same type of services. One good example is, as the recent survey : almost all crypto currency users are maintaining accounts at least in 5 exchanges.

[CyberKuro]

Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?

Purely speculation if we say it could be without any solid evidence, just prediction right? Current bitcoin price on preev is $2365, what problem could make it crash, drop -$1300? Nothing for now I thought, and bitcoin still persist at this level which many people keep buy and sell bitcoin.
We believe in bitcoin, we've seen what it could reach and always rise after fall down. If unconfirmed transaction resolved, then more adopters will invest in bitcoin, $4000 in this year maybe achievable.

[cpfreeplz]

If a major exchange is hacked and every Asian and North American country ban bitcoins then sub $1000 is possible but I doubt any of that will ever happen.

[pearlmen]

Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?

Nothing is impossible it could even fall below the $700 after all I did join around that time too. A testimony to that is in the past few days if anyone would have predicted that a crash to the $2400+ will happen quite a number of people will disagree and would stick to their position with several convincing reasons but it actually did happen. So, its very much possible but we hope it doesn't get that bad.

[adzino]

The price going below $1000 is highly unlikely to happen, but we can't predict the future, all we can do is just speculate or make wild guesses. Any negative major event might cause the price to dramatically fall. The event has to be something that's going to effect the way they currency works or something that might have huge negative impact on the market.

[Janation]

If a major exchange is hacked and every Asian and North American country ban bitcoins then sub $1000 is possible but I doubt any of that will ever happen.

I think bitcoin's price hitting below $1000 is impossible now, many countries are now accepting bitcoin and many people are getting thwir hands to bitcoin making a great demand and great price. I think below $2000 it may happen, but below $1000, I think it is impossible now.

[tiggytomb]

You cannot rule anything out in this world but I seriously doubt we will see below $1,000 again.  This is looking like it could be the year that sees bitcoin hurtle towards mainstream adoption.

[szpalata]

Below $2000 I'm tempted to believe but below $1,000 I doubt if we will ever go there at least for the next 5 years because the more the supply gets into the market the ever increasing demand of people who wants a taste of Bitcoin quickly buys them up and the process keeps repeating so it makes it difficult to fall in price that low.

[easynote]

You cannot rule anything out in this world but I seriously doubt we will see below $1,000 again.  This is looking like it could be the year that sees bitcoin hurtle towards mainstream adoption.

There’s plenty amount of people that think that the price will drop down to triple digits. I think that the price could get to that price if people start to panic because there is not that many people holding the coin. They might regret not dumping the coin then, who knows.

[FLoving]

When the price of bitcoin reached to $800 then everyone was in a worry then they will once again see the price of bitcoin at $200 but that not happened and what happened that bitcoin price started to increase and the price reached to $2700 and now again people have doubt but again I wil say that it will not drop.

[stromae]

Unless there is no huge hacking problem, I don't think we'll ever see it around $1.000 for this year, 2017.

[maydna]

It is possible that because of the sudden surge in price, there will be a correction happening in the future. But I do not think the price will fall back to below 1000$. Even before the rally, the support was already at above 1000, so if it falls, it will be on that level.

every possibility can be happen because we are not sure about future of crypto currency. maybe we can say that in the future, crypto currency will be stay exist, but who knows crypto currency will have the same conditions in the journey. and for the price, if something bad happen like people do not trust crypto curency anymore, then crypto currency especially bitcoin will not stay for any longer. the price will be down for correction as always but with many of people using bitcoin, i think the price is not going to deep.

[Superways]

Bitcoin is going to be a very successful currency in the present time and in the future it will be more successful. So we have to believe on the better price in the future and we have to accept that in the future the price will not down but the price will increase.

[HatakeKakashi]

The price of bitcoin now is very successful and very high. The price as of now is the highest price in the history of bitcoin. And in this year the price of bitcoin will increase more. And for sure few years after the bitcoin will become more popular to the whole world and it will become high price also. But I think everything is possible to happen lower than 1000 dollars is possible to happen in bitcoin because in online world  every have limitations. Theres no forever.