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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37815 times)
cram03
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May 27, 2017, 11:56:31 AM
 #61

I think this will not ever happen in 2017 bitcoin just hit 2500$ so in 2018 bitcoin is more than 2500$ for sure even though bitcoin just dumped value today.
Bitcoin value today is more than 2000$ only but in any instances the highest value of decrease is not more than 50% so there is a big chance that bitcoin will go rise and rise
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May 27, 2017, 12:50:07 PM
 #62

I think this will not ever happen in 2017 bitcoin just hit 2500$ so in 2018 bitcoin is more than 2500$ for sure even though bitcoin just dumped value today.
Bitcoin value today is more than 2000$ only but in any instances the highest value of decrease is not more than 50% so there is a big chance that bitcoin will go rise and rise

Who knows the limits of Bitcoin. Your estimate is based on past experience but anything could happen when we are talking about most volatile asset ever.
Currently Bitcoin is charming investment for people so they are going for it largely. But suppose many investors decide to leave market if present dump continues to $1500-1600. In that scenario, it will be almost unable for Bitcoin to rise again as it did last week because number of real adopters will decrease. Thus owing to speculation of rest of investors, Bitcoin can go below $1000. However, possibility is very meager.
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May 27, 2017, 12:57:07 PM
 #63

Wait 5 days and see, the bubble has POPPED.
Going down ,down,and down. But dont worry everything will be alright,they will never allow the price to go back again below 1000$. For what i see ,the stable bottom at this year is 1500$.
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May 27, 2017, 01:11:41 PM
 #64

Wait 5 days and see, the bubble has POPPED.
Going down ,down,and down. But dont worry everything will be alright,they will never allow the price to go back again below 1000$. For what i see ,the stable bottom at this year is 1500$.

Yeah I don't think we are going below 1500$, and I think the bottom could still be quite a big higher than that. The next pump will give a new ATH but lets not be greedy and wait for it to happen slowly but surely in a natural way.
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May 27, 2017, 01:22:40 PM
 #65

Currently Bitcoin is charming investment for people so they are going for it largely. But suppose many investors decide to leave market if present dump continues to $1500-1600. In that scenario, it will be almost unable for Bitcoin to rise again as it did last week because number of real adopters will decrease. Thus owing to speculation of rest of investors, Bitcoin can go below $1000. However, possibility is very meager

You should first ask yourself how many of these "investors" actually entered above those prices

I don't think that many since the price had been over 2,000 dollars only for a week or so. It was effectively a flash spike, and now price reverts to where it should be. Apart from that, we are necessarily set to see supply drying up eventually since many people are buying some rather small amount (say, less than 0.1 BTC) and forgetting about it. The decline side wouldn't be great anyway while the growth side would be huge ("only sky is the limit" as people would say)

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May 27, 2017, 01:31:11 PM
 #66

No one wants to hear the truth but BTC can fall to $500 or less.

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May 27, 2017, 01:36:31 PM
 #67

I believe that the price won't fall that low as $500, but from the past price moves after pumps it's clear that anything could happen in a short time period. Right now there is no reason for a fall, because the segwit activation discussion is going in a better way with more and more miners agreeing to it with some blocksize limitations. I believe we'll stay long above $2000.

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May 27, 2017, 01:55:21 PM
 #68

I can't predict what will happen to the bitcoin in the future. There is a big chance that the bitcoin will never lower than $1000 again but it has also a small chance that the bitcoin will become $1000 again. In this world everything is happen so we can't predict what will happen.
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May 27, 2017, 02:00:52 PM
 #69

Wait 5 days and see, the bubble has POPPED.
Going down ,down,and down. But dont worry everything will be alright,they will never allow the price to go back again below 1000$. For what i see ,the stable bottom at this year is 1500$.

Yeah I don't think we are going below 1500$, and I think the bottom could still be quite a big higher than that. The next pump will give a new ATH but lets not be greedy and wait for it to happen slowly but surely in a natural way.

1500$ Is to much dip for this current level and i think if the price would really go for this level then people might gonna afraid of deep dump will be happen unto it and maybe it can create major downfall which can leads us to see the price of bitcoins will comeback to its natural level. But lets hope it will not cameback again since segwit will almost approved unto it.

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May 27, 2017, 04:07:31 PM
 #70

I can't predict what will happen to the bitcoin in the future. There is a big chance that the bitcoin will never lower than $1000 again but it has also a small chance that the bitcoin will become $1000 again. In this world everything is happen so we can't predict what will happen.
No one can predict the future, someone or some people can just speculate. If that happens, a lot of people would be scared and won't try to invest in Bitcoin again, but right now, it's a way in. I don't know what world you are in, but we are just in one world, and no one in this earth can predict the future.

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May 27, 2017, 05:11:39 PM
 #71

No one wants to hear the truth but BTC can fall to $500 or less.

this is stupid, bitcoin can't fall so low you know, there is a very strong resistance under $2k now, and $1000-1500 is without any doubt the new bottom, and if it was going so low as you said, miners would not profit anymore, and the network will be not secure anymore because the diff would fall down rapidly, and you have also all the people that bought from $500 to $2k are you think those people are so stupid to dump under their entry price? i don't think so

wantjokull
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May 27, 2017, 05:36:29 PM
 #72

I will not bother if price falls beyond 1000 dollar. I look forward to that as it would be another opportunity to buy more bitcoins at lower prices. It is an opportunity because as the price will start rising up again it would be my profitbthe huge one. I'm talking about quadriplegic this time.!

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skorupi17
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May 27, 2017, 06:35:42 PM
 #73

The price of 1000 USD or lower is too low for bitcoin to return to. Considering the increased number of bitcoin users around the globe, 1000 USD is very low. Bitcoin's price is backed up by the people's demand for bitcoin and sine the demand for bitcoin is continuously going up, dropping much is out of the picture.
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May 27, 2017, 08:14:39 PM
 #74

That is history, Bitcoin will never go below $1000 because of the current rate of adoption of the coin. It's gaining more popularity and attention and attracting more investors on board so hardly will the price go below 1000$.
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May 27, 2017, 08:22:17 PM
 #75

Never, never, never unless a chain split happens, unless 5M Bitcoins get dumped, I doubt we'll ever see sub $1200 ever again.
If you see price is dropping it's not because Bitcoin is losing it's value but rather stupid people are cashing out.
Whenever every body buying Bitcoins and always earn profit after selling that's when price will rise.
Think about it, if you buy at $2100 and only sell at $2100+ how'd you suppose price ever dropping?

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cryptomium
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May 27, 2017, 08:55:40 PM
 #76

I do not see Bitcoin lower than $1000 after this bull run.  Though there are correction now, I still do not see bitcoin going down below $1000.  I bet after this correction we will see bitcoin skyrocketing to $4000 price.  Well, there are lots of good news coming to bitcoin soon.  So better watch for it.
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May 27, 2017, 09:28:25 PM
 #77

Never, never, never unless a chain split happens, unless 5M Bitcoins get dumped, I doubt we'll ever see sub $1200 ever again.
If you see price is dropping it's not because Bitcoin is losing it's value but rather stupid people are cashing out.
Whenever every body buying Bitcoins and always earn profit after selling that's when price will rise.
Think about it, if you buy at $2100 and only sell at $2100+ how'd you suppose price ever dropping?
5M BTC dump? Seriously? Rich fantasy you have.

17,000BTC dump is enough to make the price go under the $400 mark on Bitstamp.
21,000BTC dump is enough to make the price go under the $400 mark on Bitfinex.
5500BTC dump is enough to make the price go under the $400 mark on GDAX USD.

Is that shocking to you? With 5M BTC you'll terrorize the entire market for years and years.

BSV is not the real Bcash. Bcash is the real Bcash.
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May 27, 2017, 09:44:07 PM
 #78

The price of last halving were around 600 dollars soo i doubt price will get into lower ammounts for more then few seconds if will reach such. With the recent drop from the 2500 to 1500 it just clears bitcoin still not mature and its support isnt strong enought to hold the price above 1500 for a long period, but well the price needed to adjust to its value and not the value people wanna.
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May 27, 2017, 09:49:34 PM
 #79

of course it's possible. look how wild the fluctuations are and there are still too many confident people. is it likely? that's harder to answer. if the market got spooked enough then yes. i think this uasf is the next possibility for that.
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May 27, 2017, 09:53:52 PM
 #80

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?

Around $1,000 is considered now as cheap price. If in the event that bitcoin price falls around it, expect some pullback so going down below that is having a low chance. That was only my example just in case. If we look at the current price rate after it was slightly corrected, the price sustains it's level at around $2,000 even we are in bear market. So what does this mean? Chances of going back to $1,000 is low because buy orders target the range above $1,500. But still it's possible.

These was my own analysis and yours to decide if you think my claims can considered as valid.
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