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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37823 times)
sandor111
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May 30, 2017, 03:13:29 AM
 #141

$1000 price is history now and we will never see that price again as even if the price of bitcoin falls in coming days or months it won't go below $1500 for sure so if you are waiting to buy bitcoins at that price then you are surely wasting your time as that day will never come in future.

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May 30, 2017, 09:26:26 AM
 #142

IMO No, even if the price crashes, I think it will stabilize along the range of 1,200 USD or so, if we remember the previous spike, even when bitcoin fell, it was still a significantly larger price than it used to be ~$200-$300

I don't know where you  get the $1200 price as stabilizing price, but I will disagree with that. That's too much dip and I don't know if bitcoin can go low with that price. Anyways, the $2200 price now looks like the new bearish price we are going to see. But knowing bitcoin volatility nature, we may see a uptrend or downtrend in the next couple of weeks.

It was likely me since I often reference that figure as a short-to-mid term base level of support

If it wasn't me, then there is still pretty solid evidence to think so. Bitcoin started its rally that is over by now from that level exactly (though some may argue that the rally is not over yet). Bitcoin had been long consolidating at and around 1,200 dollars per coin. At first, it had been a pretty strong resistance level to break above, later it became the starting point for further growth. So there is a rationale behind taking this mark as the lowest level where the price could be speculated down to. Indeed, it could fall below that but unless there are major news or events negatively affecting Bitcoin big time, this is unlikely

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May 30, 2017, 09:46:51 AM
 #143

Actually if the initial bitcoin price of $ 600 up now high continues to decline it is the demand for market prices that sell a lot because of panic or they are worried will experience a fall more price then the market price is not always stable.
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May 30, 2017, 12:10:06 PM
 #144

$1000 price is history now and we will never see that price again as even if the price of bitcoin falls in coming days or months it won't go below $1500 for sure so if you are waiting to buy bitcoins at that price then you are surely wasting your time as that day will never come in future.
Remember we are in online world and theres no forever even the price of bitcoin its very high they have possible again that price of bitcoin will go down at $1000. The price of bitcoin as of now its $2500 and thats very high. I think this year bitcoin will not goes $1000 but possible to happen next year or the next next year . No one can knows when the exact date that the bitcoin price fall again and goes to $1000 but i hope the price will continue to increase.

 
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May 30, 2017, 12:38:23 PM
 #145

I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000.

Cross your fingers so this does not happen, if for some reason the price goes down to  $1000 I will be lost, even if it goes down to  $1700 I will be lost.

Let's spread positive energies.



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May 30, 2017, 01:28:04 PM
 #146

I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000.

Cross your fingers so this does not happen, if for some reason the price goes down to  $1000 I will be lost, even if it goes down to  $1700 I will be lost.

Let's spread positive energies.




A lot of users will be sad if ever happen so lets just hope to keep bitcoin value arise and don't think of possibility of falling it.
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May 30, 2017, 01:37:57 PM
 #147

I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000.

Cross your fingers so this does not happen, if for some reason the price goes down to  $1000 I will be lost, even if it goes down to  $1700 I will be lost.

Let's spread positive energies.




A lot of users will be sad if ever happen so lets just hope to keep bitcoin value arise and don't think of possibility of falling it.

With a lot of countries accepting bitcoin, that means a lot of users and investors and also buyers. And Australia accepting bitcoin these coming month, that will be really great because the bitcoin price will never dump. With the last price pump, we can say that more and more people will invest in these digital currency because they had known that it's price still can go higher.
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May 30, 2017, 02:05:57 PM
 #148

I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $1,000.

Cross your fingers so this does not happen, if for some reason the price goes down to  $1000 I will be lost, even if it goes down to  $1700 I will be lost.

Let's spread positive energies.




A lot of users will be sad if ever happen so lets just hope to keep bitcoin value arise and don't think of possibility of falling it.

With a lot of countries accepting bitcoin, that means a lot of users and investors and also buyers. And Australia accepting bitcoin these coming month, that will be really great because the bitcoin price will never dump. With the last price pump, we can say that more and more people will invest in these digital currency because they had known that it's price still can go higher.

So chances of bitcoin lowering in $1000 might not happen since theres a huge adaptability in bitcoin now which is in need in bitcoin arising value.

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May 30, 2017, 02:25:34 PM
 #149

I do not think anyone will know for sure if it can happen, maybe under $ 1000 is a bit more difficult, I bet just go down to $1300-$1500, If get down lower than $1000 will be big panic sell.

I find lower than $1,000 is very difficult to happen but I know that instead of decrease, we will see the price of bitcoin to be up again at $2,700 and possible to become higher. It's not that hard to look at the charts of the bitcoin, the pattern is there. So after this correction, we will see the price to be good at higher one.

I have to agree with you in this. unless something drastic happens, I don't see btc dropping to that low anymore though im expecting a drop also of closer to 1.5k . the price hike that btc made this past few weeks made sure that btc is on its way to going up higher than before and we may not be able to purchase btcs again below 1k

The price is fluctuating now from $2,270 down back to $2,180 this is what I observed. And this type of price movement seems to be calm and most of the traders now are only waiting for another spike. This is the usual movement of bitcoin's price when no one seems to see the price is up, all of us will keep on holding. And I really don't think it will go back at $1k

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May 30, 2017, 02:39:06 PM
 #150

Correction will surely happen, but I don't think we will ever see a drop bellow 1.000. Unless crypto 3.0 will make the BTC obsolete...

Totally agree with you. Still possible with low chance. IMO, expected above 3K by end Q3.

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May 30, 2017, 04:52:29 PM
 #151

I really hope that the price of bitcoin wont dump like that and with new investors coming into bitcoin every month it looks like it is a distant dream that we would see those values again and if we see a huge correction it will be really bad as it might take a long time to return to the bull run we had now.
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May 30, 2017, 05:19:39 PM
 #152

I don't think that Bitcoin price would be lower than 1000$ now because it is progressing at a very fast rate and its price won't drop below 1000$.
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May 30, 2017, 05:23:43 PM
 #153

I don't think that Bitcoin price would be lower than 1000$ now because it is progressing at a very fast rate and its price won't drop below 1000$.

what do you mean very fast ? its transaction or the market ,  of course market processing very fast because many traders is trading every day  , or some investor gaining value of it , only things that affecting bitcoin will reach below $1000 is massive inflation or maybe doomsday  Grin

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May 30, 2017, 05:41:45 PM
 #154

I don't think that Bitcoin price would be lower than 1000$ now because it is progressing at a very fast rate and its price won't drop below 1000$.

what do you mean very fast ? its transaction or the market ,  of course market processing very fast because many traders is trading every day  , or some investor gaining value of it , only things that affecting bitcoin will reach below $1000 is massive inflation or maybe doomsday  Grin

I won't say that's impossible for bitcoin price to drop to 1000$ but it's very,very unlikely to happen ever. Unless, yes, some huge inflation or dump or something like quantum computer, but that would very well drop it to 0$. But I can surely say that in the next 10+ years, bitcoin price will rarely be dropping to below 1800$ and yet alone below 1000$ due to the more and more people accepting it and more importantly more and more countries and big businesses accepting it.

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May 30, 2017, 05:50:15 PM
 #155

I don't think that Bitcoin price would be lower than 1000$ now because it is progressing at a very fast rate and its price won't drop below 1000$.

what do you mean very fast ? its transaction or the market ,  of course market processing very fast because many traders is trading every day  , or some investor gaining value of it , only things that affecting bitcoin will reach below $1000 is massive inflation or maybe doomsday  Grin

I won't say that's impossible for bitcoin price to drop to 1000$ but it's very,very unlikely to happen ever. Unless, yes, some huge inflation or dump or something like quantum computer, but that would very well drop it to 0$. But I can surely say that in the next 10+ years, bitcoin price will rarely be dropping to below 1800$ and yet alone below 1000$ due to the more and more people accepting it and more importantly more and more countries and big businesses accepting it.

i would say next 10 years will be around $5000 but hey lets be positive , bitcoin is like future new way for financial things , untraced transaction would be pretty dangerous too , if someone got these kind of funds it might be hard to pursue them but i think soon enough government will figure out to solve this case

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May 30, 2017, 06:12:56 PM
 #156

i would say next 10 years will be around $5000 but hey lets be positive , bitcoin is like future new way for financial things , untraced transaction would be pretty dangerous too , if someone got these kind of funds it might be hard to pursue them but i think soon enough government will figure out to solve this case
i cant see that bitcoin will be decrease that too much, bitcoin has a higher demand of the people, it circulates, every month bitcoin price has grown little by little, i think bitcoin will be more than $1000 like you think at the end of this year and it can go higher few more years from this day. bitcoin may decrease a little but i will never ever be dump due to its supply and demands.
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May 30, 2017, 06:20:35 PM
 #157

I don't really think that we would ever see the price of bitcoin going below $1,000.
There are plenty of investor who are pumping up the price right now and it seems to be more popular this days so maybe we are attracting more users.

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May 30, 2017, 07:19:20 PM
 #158

It'll happen as soon as Bitcoin is deemed worthless by the market.  That could happen in many years.  From our perspective though, it'll never happen again unless a bear market begins in the next few months (which is unlikely).
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May 30, 2017, 08:22:09 PM
 #159

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?
Bitcoin so far was 2250$, so I think it will not gonna drop below  1000$ , the demand was continously rising up
And however, majority of the investors/ capitalist are joining the concepts of what
Bitcoin has in terms of business advertisement.
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May 30, 2017, 08:31:33 PM
 #160

Probably never, only possible way that I could see for any decrease as low as $1000 or even lower than that is a chain split as others mentioned, and that will never happen, bitcoin is not like ETH to survive a chain split and even come from other side stronger, bitcoin needs to maintain it's integrity otherwise it will be a disaster with all the double spend attacks and all the other scenarios.
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