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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37885 times)
jualidbitmixer
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June 11, 2017, 05:02:52 AM
 #381

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.

We don't know what will happen to bitcoin mate, maybe someday bitcoin will die and another popular cryptocoin will rise and become the next bitcoin. What i'm sure is bitcoin will not die for the next 2-3 years. Bitcoin is on the best place right now, high price for each coin and people around the world also start using bitcoin.
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June 11, 2017, 05:04:03 AM
 #382

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.

Well indeed all countries having increased odds in or use of the bitcoin from each transaction. But I think, to officially there will only be a few countries using bitcoin. for if seen from the data, the price of the bitcoin has a very high level of risk. So that it can be a potential in the stability of their economies, let alone the present level of confirmation in the bitcoin began weakening, so it has some losses if not done properly
 
 
CryptoBry
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June 11, 2017, 05:12:38 AM
 #383

Nothing is impossible though personally I would not banked on that as we all know that the demand for Bitcoin coming from newly opened countries and exchanges will push the value of Bitcoin into a consistent upward trajectory.

There must be an intervening internal factor or factors that can push Bitcoin down. In the absence of those factors, you must expect Bitcoin to grow by leaps and bounds.
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June 11, 2017, 05:55:57 AM
 #384

I think in this current state at the market of bitcoins i see nothing possible that bitcoins will be back at the $1000 mark,its impossible right now it think base on the buy supports that is on bitcoin i think bringing back to $1000 mark is impossible

 
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NEWGOODOUBLE
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June 11, 2017, 06:56:05 AM
 #385

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.
I think the price will never happen again, we have already passed that phase and will not go down that phase again. Even at least we already thought that is it bitcoin price will back touch $ 2000 or not?
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June 11, 2017, 07:09:58 AM
 #386

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Yeah as long as investors or users continue to use bitcoin then bitcoin will never die. And you know the number of investors or bitcoin users today is steadily rising day by day. So I thought it would be impossible for the bitcoin price to drop to $ 1000 or will be dead


Even in the presence of bitcoin can emerge a new krypto just as investors or entrepreneurs start to glance into this digital currency so as to make other types of crypto to rival market prices and bitcoin remains the parent of all krypto, Then I say this even though bitcoin prices go up but that does not make bitcoin to die.
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June 11, 2017, 11:53:22 AM
 #387

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Yeah as long as investors or users continue to use bitcoin then bitcoin will never die. And you know the number of investors or bitcoin users today is steadily rising day by day. So I thought it would be impossible for the bitcoin price to drop to $ 1000 or will be dead


Even in the presence of bitcoin can emerge a new krypto just as investors or entrepreneurs start to glance into this digital currency so as to make other types of crypto to rival market prices and bitcoin remains the parent of all krypto, Then I say this even though bitcoin prices go up but that does not make bitcoin to die.

That's a big possibility dude that once btc goes mainstream, a lot of big companies or businesses would try to come up wih somehing to.rival btc intending to earn from it's success. Though i doubt thay anything like that can dent btc's rise and i agree that going below 1k would be quite hard already

 
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June 11, 2017, 12:02:12 PM
 #388

Bitcoin is already a wide known payment option all around the world,that is why it will never go back to that price again. Ive read some good news about bitcoin that the price of it will continue to rise till 2030.
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June 11, 2017, 12:18:53 PM
 #389

I think no, because now bitcoin were large value. I think below $1,000 was nothing happen again maybe in the future their value were increase again. Hopefully that bitcoin had been stable or increasing trends.
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June 11, 2017, 02:56:55 PM
 #390

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
I think the possibility of a dead bitcoin will continue to exist as well as the bitcoin price will go back below $ 1000. All those possibilities must exist. But I'm not sure it will happen in the near future or in this decade

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June 11, 2017, 03:22:32 PM
 #391

I think no, because now bitcoin were large value. I think below $1,000 was nothing happen again maybe in the future their value were increase again. Hopefully that bitcoin had been stable or increasing trends.

We saw one spectacular fall in 2014, when BTC went from 1300$ to 400. Last spike reminds the one from 2013/2014 - it was not stable rise, but looks like another bubble. I am seriously thinking about selling everything and waiting for crash.
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June 11, 2017, 03:28:49 PM
 #392

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Because it all depends on the investor to continue investing or not. It means if all investors go and migrate from bitcoin to other commodities, of course bitcoin will die right? Means the possibility of bitcoin is dead, there must be
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June 11, 2017, 03:40:55 PM
 #393

I doubt that I will be able to see how bitcoin dropped to 1000, maybe my children will see it Grin

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June 11, 2017, 03:59:53 PM
 #394

I think that we can see a mark of $ 1000 only when bitcoin is already beginning to die, but definitely not this year.
So you really think that bitcoin will die one day.  Roll Eyes i am not sure whether we will be seeing sub thousand dollars but if a hard fork goes wrong then it is really possible.It all depends upon how long the investors are willing to invest in bitcoin and once they find it risky or not worth it,they would start selling off everything and the price could crash.
Because it all depends on the investor to continue investing or not. It means if all investors go and migrate from bitcoin to other commodities, of course bitcoin will die right? Means the possibility of bitcoin is dead, there must be
Yes that could happen, but for now it is less likely. I mean, day by day more and more people use bitcoin, it is not yet for day to day basic things, but still it is rising. When you say investors, i think you mean all people who use bitcoins right? Because if people stop using bitcoin, and stop buying things with it, in that moment bitcoin will be worthless and will die.
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June 11, 2017, 04:50:36 PM
 #395

I think in this current state at the market of bitcoins i see nothing possible that bitcoins will be back at the $1000 mark,its impossible right now it think base on the buy supports that is on bitcoin i think bringing back to $1000 mark is impossible
Looking the current market and the capital volume it's true not gonna happen anymore. We're far away from the $1000, so we won't fall that low anymore. Our next price increase could happen soon as more corporates and Countries have started legalizing the usage of bitcoin.

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June 11, 2017, 04:55:43 PM
 #396

I think no, because now bitcoin were large value. I think below $1,000 was nothing happen again maybe in the future their value were increase again. Hopefully that bitcoin had been stable or increasing trends.
Yeah, maybe next bearkdown around ~1000-1500$, because user Bitcoin now have more knowledge than past time, we will see panic seller when the price hit new highest and breakdown after whale take profit
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June 11, 2017, 05:03:21 PM
 #397

It seems very difficult to happen considering current bitcoin has been very popular with its acceptable presence by big country. And there's even possibility bitcoin prices will continue to rise at least until next year. Many people see positive side and ability bitcoin in protecting wealth value from inflation like nature of gold.
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June 11, 2017, 05:56:01 PM
Last edit: June 11, 2017, 06:56:19 PM by deisik
 #398

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.
It will happen when bitcoin is about to die, for these decades bitcoin prices will not drop to $ 1000 because bitcoin growth will make bitcoin prices continue to rise. We will not see the $ 1000 price again


I also don't want these from happening, bitcoin is reaching slowly the $3000 wall and might break that wall, though, there are some investors having second thoughts about the network splitting making the price really an unpredictable price. On the worst case scenario, we might see below $1000 price these August.
Bitcoin needs to fix it main problems about the fee and the transaction time or it will be abandoned by investors. People will not use a form of payment which requires a very very high fee. It is totally ridiculous. Bitcoin will be dead in 5 more years if segwit can not be activated and 2mb can not be seen

Bitcoin is nowhere near being a means of payment so far

Basically, it is a financial pyramid but since it is tiny yet (i.e. not many people have invested in it), it can expand for very long time (say, years if not decades). Regarding fees, many people (me included) have already pointed it out that fees are mostly irrelevant since Bitcoin is not used as a means of payment. Its use is limited to being a speculative asset, and bitcoins which are in circulation today and not stashed away are being traded for the most part, i.e. they don't leave exchanges

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June 11, 2017, 06:27:46 PM
 #399

It seems very difficult to happen considering current bitcoin has been very popular with its acceptable presence by big country. And there's even possibility bitcoin prices will continue to rise at least until next year. Many people see positive side and ability bitcoin in protecting wealth value from inflation like nature of gold.
You are right, I don't think that bitcoin can fall again to 1000$ because there is a lot of people enrolled bitcoin community each days. It's a large community. So by this increase of user automatically bitcoin price rise.

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June 11, 2017, 06:44:38 PM
 #400

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

Don't jinx it. We've got a good thing going right now. Cheesy

Drops in currency market values are relative to how bad something is, is going to be or is projected to be. And the higher the value, it's teasing $3,000 right now, the worse something has to be in order to have a negative effect so bad that it drops the value that much.

Sub $1,000 days are over IMO.
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