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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37823 times)
Klausi
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June 09, 2017, 10:30:33 AM
 #341

As the way it is now, Bitcoins price is unlikely to fall below to 1000 dollars, but there's a possibility ( because its price came from below 1000 dollars it may came back to that price again. Because of its growing popularity and massive use, bitcoins price may not be at that price again unless it is dethroned by an altcoin or system failure (unlikely) or global wars, famine, plague and the shutdown of the internet.

Internet shutdown may happens when there's a possibility of a global war  because government take control over it for security. Well I believe price will be affected with that serious problem that could likely be happening on the internet network, just like fiat economy whole world will be shaken off. So demand on digital currency bitcoin lowers and that might be the reasons of below $1000 price to be back again at that stage if ever problems take an occurrence to happen.

 
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June 09, 2017, 11:35:39 AM
 #342

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?

In order for bitcoin to now fall below $ 1000, a big collapse must occur. And now there are only good prospects for growth, but not falling.

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June 09, 2017, 12:15:11 PM
 #343

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?

In order for bitcoin to now fall below $ 1000, a big collapse must occur. And now there are only good prospects for growth, but not falling.
Bitcoin prices will now only continue to rise or stay at $2000+ and will not fall again, the issue of bitcoin prices is very good and this is a sign that bitcoin prices will still continue to increase.

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June 09, 2017, 03:01:28 PM
 #344

No one can't say with any certainty but how the situation looks right now it's not very likely for price to fall under 1000$. Unlikely past periods now we have some new circumstances, like Japan and Bitcoin regulation in posu sense, that keeps the price up and probably will continue to stay so. Never say never but there are no things on horizon which will affect the price to drop that much.

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June 09, 2017, 03:14:59 PM
 #345

I guess we will never seen again the bitcoins price lower than 1500 usd because as the time passes by at the same tinme the price of bitcoin is continue growing and I think soon its price will became more expensive. And it will become enormous if few countries will legalize it just like Japan did.
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June 09, 2017, 03:19:35 PM
 #346

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

How can you ensure people that its price will not decrease lower than $1000? Are you working day and night for Bitcoin to keep its price above $1000?
nothing can be said about Bitcoin price we all know that It's price is not volatile it is always increasing or decreasing so saying that its price will never go below $1000 is insane.
But, I always want the Bitcoin price to go up but cannot disagree the fact, We have the history which cannot be ignored.
I guess we will never seen again the bitcoins price lower than 1500 usd because as the time passes by at the same tinme the price of bitcoin is continue growing and I think soon its price will became more expensive. And it will become enormous if few countries will legalize it just like Japan did.

I agree, but that doesn't mean that Bitcoin price will go only up? Many people are adopting it, but only adopting doesn't mean its price will increase.


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June 09, 2017, 08:02:35 PM
 #347

I dont believe we will anytime soon the bitcoin going lower 1500 dollars, soo for me the 1000 dollars has becamed a dream, something that i really doubt it will happen, the demand of bitcoin is growing, the legalization into Japan has made already a big impact over bitcoin.

It's possible and it's not. It's possible to become lower than $1,000 again when a lot of whales will take some profit at the same time. That will lead the supply of bitcoin to have many in the market and it's not possible. Since those whales are making the price higher they want it to stay at $2,000 and have new floor price.

Umm, no it's not possible. It need a massive whale to drive the price down until below $1000 and it's not like the demand for bitcoin is small. They will lose money if they try to drive the price that far. The only thing that can drive the price that far is bad news, maybe banned by all country.

We can't read the minds of those whales, they are doing crazy things suddenly. But as of now, the price is reaching a new floor and we are still not at the ceiling.  With the bad news that can lead bitcoin to be banned in some countries but I doubt it will happen as there are some initiative from other countries adoption of bitcoin and declaration it as currency.

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June 09, 2017, 09:10:42 PM
 #348

I dont believe we will anytime soon the bitcoin going lower 1500 dollars, soo for me the 1000 dollars has becamed a dream, something that i really doubt it will happen, the demand of bitcoin is growing, the legalization into Japan has made already a big impact over bitcoin.

It's possible and it's not. It's possible to become lower than $1,000 again when a lot of whales will take some profit at the same time. That will lead the supply of bitcoin to have many in the market and it's not possible. Since those whales are making the price higher they want it to stay at $2,000 and have new floor price.

Umm, no it's not possible. It need a massive whale to drive the price down until below $1000 and it's not like the demand for bitcoin is small. They will lose money if they try to drive the price that far. The only thing that can drive the price that far is bad news, maybe banned by all country.

We can't read the minds of those whales, they are doing crazy things suddenly. But as of now, the price is reaching a new floor and we are still not at the ceiling.  With the bad news that can lead bitcoin to be banned in some countries but I doubt it will happen as there are some initiative from other countries adoption of bitcoin and declaration it as currency.
Now bigger countries are going to involve in bitcoin and you can see the marketcap is increased very higher so I do not think that now whales will be able to manipulate the price that much if they will then they will manipulate a little. In actual the strength of bitcoin is now distributed and people can manipulate the price if they will  stay with bitcoin then bitcoin will go for better.
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June 09, 2017, 09:35:49 PM
 #349

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?

In order for bitcoin to now fall below $ 1000, a big collapse must occur. And now there are only good prospects for growth, but not falling.
And that collapse is not going to occur in bitcoin because bitcoin is now going very well and the special point is that now a bigger technical country Japan has adopted bitcoin for their state now everyone believe that it is a best currency and now Japan government will also work for it to become the best one.
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June 09, 2017, 10:31:39 PM
 #350

I guess we will never seen again the bitcoins price lower than 1500 usd because as the time passes by at the same tinme the price of bitcoin is continue growing and I think soon its price will became more expensive. And it will become enormous if few countries will legalize it just like Japan did.
i agree with you that bitcoin price will be never lower than 1500 dollar you are right that bitcoin increasing its price too much faster and we hope that many country will be adopt the bitcoin then i am sure bitcoin price will be rise more and more and then i hope bitcoin never drop its price.
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June 09, 2017, 11:43:40 PM
 #351

I guess we will never seen again the bitcoins price lower than 1500 usd because as the time passes by at the same tinme the price of bitcoin is continue growing and I think soon its price will became more expensive. And it will become enormous if few countries will legalize it just like Japan did.
i agree with you that bitcoin price will be never lower than 1500 dollar you are right that bitcoin increasing its price too much faster and we hope that many country will be adopt the bitcoin then i am sure bitcoin price will be rise more and more and then i hope bitcoin never drop its price.
Remember everthing is possible to happen in this bitcoin world. Even the price of bitcoin now is very high they have possible to decrease lower than $1500 if more people sell their bitcoin for that happen. But I hope it will not happen i hope the price will stable at $2000 plus so we can make a lot of rpfit. But the bitcoin decrease lower $2000 I will buy more so I have chance to make more profit.

 
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June 09, 2017, 11:50:25 PM
Last edit: April 22, 2021, 01:16:08 AM by Quantumplation
 #352

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June 10, 2017, 12:03:15 AM
 #353

I think the price value started moving when it was years ago not months when the price was still 600$ probably it was around 1-2 years then after that the price slowly turned to 900$ in 2015 in 2016 it it reached the 1000$ barrier many people thought that it was a bitcoin bubble, yes the price may have rollback for a bit but after that it continued it's bullish ran when india was a cashless country and tried to use bitcoin as a substitute for their demonetize currency then africa followed and people started investing in it as people view it as a currency that will save them from poverty and the recent country who joined bitcoin was japan this country turned bitcoin into it's next level and innovate further more. I guess if your waiting for the price to decrease it will not happened as bitcoin has graduated from volatility.

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19Nov16
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June 10, 2017, 03:26:34 AM
 #354

I think it is very difficult even impossible to get the price of the bitcoin $1000, this is because the user bitcoin increasing and they think that prices this year could reach more than $5000.


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ipungadhi
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June 10, 2017, 04:28:04 AM
 #355

I think it is very difficult even impossible to get the price of the bitcoin $1000, this is because the user bitcoin increasing and they think that prices this year could reach more than $5000.
Of course it will be difficult to happen to see the development of bitcoin which shows a positive thing every day. The bitcoin price will not go back to $ 1000 because bitcoin has gone up to the next level right now


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June 10, 2017, 05:52:31 AM
 #356

Some reason that will make bitcoin lower than $1000
1. Critical security issue, in bitcoin engine.
2. Bigexchange get hack
3. Many country banned bitcoin and stop their btc adoption
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June 10, 2017, 06:17:59 AM
 #357

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 don't see any reason foe bitcoin to fall below $1000 or even $600 since its market is becoming huge thus pullback of huge investors can be controlled as it's not enough to dump bitcoin below $1000 if we ever it happen so.

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June 10, 2017, 06:33:00 AM
 #358

I don't think so because their price were continues raising up until now. How possible to going down their price, I think their pice were reach $5000 before 2017 end.
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June 10, 2017, 08:14:27 AM
 #359

I don't think so because their price were continues raising up until now. How possible to going down their price, I think their pice were reach $5000 before 2017 end.
If you remember, in 2013 year, bitcoin went from $200 on 3 November to $1000 on 28 November, it's 5x rice but it fell to around $400 in April 2014 . Now we got nearly more than 4x rice (from 600$). I have also hope that it will continue rise but I am a little bit afraid that maybe we can see crash but despite everything, now I think we won't see bitcoin under 1000$.

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June 10, 2017, 08:50:37 AM
 #360

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
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