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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37823 times)
Monnt
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May 30, 2017, 09:09:32 PM
 #161

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.
Why bitcoin is not capable of surviving any hard fork unlike ethereum ? You got any proper reasons for backing yoru statement ? Probably there will not be two group of people as more than 80% of miners are agreeing to 2MB hard fork.

Back to topic, when bitcoin slipped to $180 levels from $1200, it never got traded below $150. I mean to say similarly we are heading toward $3000 and also toward $5000 levels. Hence we will not get any chances to see again $1000 levels for ever  ever here after.
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May 30, 2017, 09:13:57 PM
 #162

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

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May 30, 2017, 09:40:41 PM
 #163

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
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May 30, 2017, 10:53:50 PM
 #164

Reading the previous posts, I realize that many forum members anticipate certain behaviors in the bitcoin price based in mere conjetures, derived in turn from the so-called "technical analysis", which has proven over and over again to be nothing more than an almost superstitious fantasy, especially useful for those who love to play fruitlessly with numbers.

The only certain is that there is little predictability in the behavior of bitcoin (and all other altcoins) as they have little to compare with the "real world" currencies on which the fundamentals of technical analysis were created, which is why every scenario is still possible, from $1 to $1,000,000.
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May 30, 2017, 10:59:49 PM
 #165

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
That is right, everything is possible and the market is still depending in the market so the price will not be stable forever and we can see lower than $1000 if the price correction and also panic selling will combined because a lot of people now are in panic because they bought to the top and for sure those weak hands will sell if they will see another type of dumping scenario for bitcoin.
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May 30, 2017, 11:13:54 PM
 #166

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.

Bitcoin is now above 200$ for quite a sometime and i feel now it will not fall below that figure. Since when the bitcoin is 200$, it has been more on the people mind and media and now many believe it is something valuable and will rise more, so i think we shall see 300$ in a matter of few months from now. Bitcoin is becoming more and more popular as its price is increasing as it is attracting the world with all the benefits of digital currency.

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May 31, 2017, 05:33:28 AM
 #167

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?
Although it was fast I think we should forget about bitcoin with a value lower than 1000, I’m sure in this year we will have to forget to ever see bitcoin price to get as low as 2000 since I predict we are going to see another push at the end of the year and we may get close to 3500.
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May 31, 2017, 09:36:07 PM
 #168

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible

I don't think that it is possible for now, the price is rallying from $2k - $2.2k and it's possible to get up but it will not going to get down. That's what I'm believing for now. No, no, the price yes it went up to $2,700 but it didn't go back at $1,500 but instead it went back to $1,900 but that's for a while so I guess it will never go back at $1k.

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May 31, 2017, 09:49:57 PM
 #169

Reading the previous posts, I realize that many forum members anticipate certain behaviors in the bitcoin price based in mere conjetures, derived in turn from the so-called "technical analysis", which has proven over and over again to be nothing more than an almost superstitious fantasy, especially useful for those who love to play fruitlessly with numbers.

The only certain is that there is little predictability in the behavior of bitcoin (and all other altcoins) as they have little to compare with the "real world" currencies on which the fundamentals of technical analysis were created, which is why every scenario is still possible, from $1 to $1,000,000.

You are right about this, nobody can predict future price of bitcoin. All this is new for people across the world and we can use some old tools to learn how new technology works. We must agree that every scenario is possible, and not just with bitcoin, no matter how crazy this can sound other altcoins can also go to the sky or fall of zero, probability to go down is higher but everything is possible.

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May 31, 2017, 10:29:32 PM
 #170

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
Without the biggest news such as bitfinex hack and it never goes below $1000 in the future, I think the early adopters have learned a lot about that. So they must try to control their emotion to avoid the huge crash for the market.

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June 01, 2017, 01:14:46 AM
 #171

It could happen, but the longer the price stays above $2000, the less likely it is. I still think we could see a drop to $1500 or lower this year.

 
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June 01, 2017, 01:32:30 AM
 #172

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
Without the biggest news such as bitfinex hack and it never goes below $1000 in the future, I think the early adopters have learned a lot about that. So they must try to control their emotion to avoid the huge crash for the market.

Exactly. It took Gox and a bubble bursting to ruin the price the first time. It was like every time the price surged, someone would get hacked majorly, or some really shit news would come down the pipe. I see some of the signs now for a serious decline; same bubble, little bit worse this time, but little chance of a major hack. The fork, if it happens, could seriously complicate things, but to get back on point, I think the floor is well above 1000 by now Wink
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June 01, 2017, 01:48:45 AM
 #173

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
Bitcoin's price going down to lower than $1000 after halving?. There's no hell way. The demands are now increasing because the wide acceptance of bitcoin in which today is increasing significantly. Just if there's some sort of major hack or bad news, it could happen. But, the chance of bitcoin to rise instead of falling is far above.
We're now currently on a stable level because of the recent correction that dumped bitcoin's price so hard. But now, we're heading for another level ($3000).

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Sled
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June 01, 2017, 02:28:33 AM
 #174

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
Bitcoin's price going down to lower than $1000 after halving?. There's no hell way. The demands are now increasing because the wide acceptance of bitcoin in which today is increasing significantly. Just if there's some sort of major hack or bad news, it could happen. But, the chance of bitcoin to rise instead of falling is far above.
We're now currently on a stable level because of the recent correction that dumped bitcoin's price so hard. But now, we're heading for another level ($3000).
Yes that is also what i think the price now is currently pumping up because of the deactivation of freeze of withdrawal from the chinese exchanges and the $3,000 is just a minimum target for bitcoin because it can go up more than that and there is no possibility for bitcoin to reach lower than $1,000 because of halving because it is opposite and it will pump even more.
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June 01, 2017, 03:52:26 AM
 #175

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?
I think it would be highly impossible for bitcoin to fall to $1000 once again.Those guys who bought bitcoin at $1000 due to BU issues were lucky enough to buy bitcoin at such low price.Actually that price fall was artificially created by Roger ver and others to fill their pockets by selling altcoins pumped and rebuying bitcoins at a lower price.Most newbies became victims at that time by selling their bitcoins in panic.But now almost every one has realized the true potential of bitcoin and even the chinese could not make bitcoin price fall by dumping.More over japan has accepted bitcoin as payment legally and new companies are coming forward day by day to accept bitcoin payment.So its very hard to expect bitcoin price to reach $1000.
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June 01, 2017, 04:18:26 AM
 #176

It could happen, but the longer the price stays above $2000, the less likely it is. I still think we could see a drop to $1500 or lower this year.
The price increase recently is due to the good news in the community, the only chance we will ever see that price
again is when there is a bad news that will hugely affect the market, I doubt if it will happen soon.

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June 01, 2017, 08:56:33 PM
 #177

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.

I think $1000 it is possible. Even lower is also possible. And the chance is not very small. Please remember just one week ago the price was $2700 and then fall to nearly $1500 with the panic sell. This does not mean the price will stable at $1000 but. Everything is possible. I accept the chance is relatively low if we compare with 6-8 months ago but still possible
Bitcoin's price going down to lower than $1000 after halving?. There's no hell way. The demands are now increasing because the wide acceptance of bitcoin in which today is increasing significantly. Just if there's some sort of major hack or bad news, it could happen. But, the chance of bitcoin to rise instead of falling is far above.
We're now currently on a stable level because of the recent correction that dumped bitcoin's price so hard. But now, we're heading for another level ($3000).

Let's just assume what he believes that $1,000 is possible but when and how if most of the countries now are starting to make it as the apple of their eyes? Bitcoin now is becoming popular and the price now is increasing once again so there's no chance for it to get back again at $1,000 and I will not wish it would happen.

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wahb
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June 01, 2017, 11:36:27 PM
 #178

If Bitcoin ever went to $1000, I would be buying every bitcoin I could lay my hands on.

For sure many are going to buy bitcoins by that time but the fact on it is it will not going to happen again. Let's say there is a chance that the price is possible to come back at $1,000 but the chance is very small. With the current total investments on bitcoin and with the adoption that is being done by Japan, the value is really high and it's not going to come back there.
i am also sure that it is not going to happen again in future , because the price of bitcoin is not going to fell down from 2000 USD level any more, bitcoin will always be trading above 2000 USD and there are more chances that in near future the price of bitcoin will be trading above 5000$, so it is the best option to invest money in bitcoin right now and do not wait for the time when bitcoin will come down to 1000 $ again.
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June 02, 2017, 01:24:12 AM
 #179

yeah, is unlikely that happens, soon will be reaching the $3000
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June 02, 2017, 01:32:04 AM
 #180

yeah, is unlikely that happens, soon will be reaching the $3000
Agree that bitcoin is rising up and not going to dump at the current status, do not wait for the big dump at the value of $1000 i think that could not happen in the future, adoption by many country make bitcoin much stronger and make the value increasing. And now they will put additional fee to every transaction because they want to have earnings to make them alive and be stronger in the future.
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