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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37814 times)
bhadz
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June 12, 2017, 10:43:31 PM
 #421

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.

Let's just wait for the month of August to come as there are a lot of historical events that will happen related to bitcoin. Right now there's a rapid price fall and I don't know what's totally the reason of this. It looks like many are riding along with this craze of selling their bitcoin and well this is also an advantage for us to keep on buying.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Afnan_faizah
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June 13, 2017, 01:05:02 AM
 #422

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 bitcoin prices will always go up because the number of bitcoin users are keep increasing. The limitations of bitcoin amount will make the deflation of bitcoin.

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June 13, 2017, 01:38:32 AM
 #423

I don't think that price will go ever go that low now as price is rising at a moment and it will continue to go higher in future too so if you are waiting to buy bitcoins at that price then you are surely wasting your time.
Yes agree, besides the bitcoin price will not be lower than $1000, but we also do not know what will happen in the future with bitcoin price because in this world all may happen.
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June 13, 2017, 02:00:45 AM
 #424

I don't think that price will go ever go that low now as price is rising at a moment and it will continue to go higher in future too so if you are waiting to buy bitcoins at that price then you are surely wasting your time.
Yes agree, besides the bitcoin price will not be lower than $1000, but we also do not know what will happen in the future with bitcoin price because in this world all may happen.
All the possibilities can happen with bitcoin because this year we did not expect bitcoin will increase this big, I guess we should be ready of whatever happen and that's why it is not advisable to put everything on bitcoin investment only. The future is bright, however the risk is also high, so there is no guarantee that we can make profit, if the price will dump that price again, just be patient it will rise accordingly.

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June 13, 2017, 04:58:24 AM
 #425

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
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June 13, 2017, 05:41:42 AM
 #426

If it went back below $1000 I wouldn't be all too surprised honestly but I'm not betting on it in the immediate future.

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June 13, 2017, 05:52:22 AM
 #427

I don't think so, if that happen im about to going crazy can buy some bitcoin in low price again, and then price go high again. Cheesy , but it will be happened.
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June 13, 2017, 06:27:53 AM
 #428

I don't think that we can see Bitcoin lower than 1000$ now as Bitcoin is showing very rapid rates of growth and its price will not fall from 2500$ to 1000$ under any circumstances. Many people have invested in bitcoin so that much fall in prices is not expected.

There is always a possibility even if we wish not to think of it.  Though there is a slim chance that bitcoin at the current state will dip down to $1000, we cannot ignore the fact that bitcoin value depends on speculations.  If people stop speculating and think that bitcoin is dead then it will definitely go down and probably much lower than $1000.
I do not agree with that, at the moment it is impossible to expect that to happen. Bitcoin users has increased it will make the price move a bit slow and strong not to fall much, like we having a thought the price may fall below $ 1000. it will not happen.

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June 13, 2017, 07:20:41 AM
 #429

I don't think that we can see Bitcoin lower than 1000$ now as Bitcoin is showing very rapid rates of growth and its price will not fall from 2500$ to 1000$ under any circumstances. Many people have invested in bitcoin so that much fall in prices is not expected.

There is always a possibility even if we wish not to think of it.  Though there is a slim chance that bitcoin at the current state will dip down to $1000, we cannot ignore the fact that bitcoin value depends on speculations.  If people stop speculating and think that bitcoin is dead then it will definitely go down and probably much lower than $1000.

You maybe right in your opinion mate, but as I can see with bitcoin so far, I don't think it will down to 1000$. Though, at any moment it can can be happen. But of course, we as bitcoin enthusiast don't want to happen that things. Instead, we want to spread the advantage of having a bitcoin in terms of usages and features of bitcoin.
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June 13, 2017, 07:41:24 AM
 #430

I think this would be imposible for now as you notice bitcoin just hit 2800$ yesterday so in under 1000$ value of bitcoin will be impossible, bitcoin is continuously increasing well it decrease sometimes but in just a couple of hours the price will be back again.
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June 13, 2017, 07:43:09 AM
 #431

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

This is certainly not the reason why Bitcoin may not crash

It may be comforting to think so, but in fact it doesn't mean anything since millions of people invested millions of dollars into various Ponzi schemes (like MMM), and did that somehow change how all of them ended eventually? It doesn't mean of course that Bitcoin is going to end in the same way (though that cannot be completely excluded either), that just means that the amount of money invested can in no way prevent such an outcome (if it should happen for other reasons)

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June 13, 2017, 08:06:28 AM
 #432

I don't think Bitcoin may lower than 1000$ because now bitcoin is increasing so well and so good. As of now, you can purchased to have an income wise and so on and so forth. Just be optimistic in every way and things. It may happen because in bitcoin there's nothing impossible. Just be wise
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June 13, 2017, 01:21:55 PM
 #433

I think for this year it's impossible for the bitcoin price to be lower than $ 1000, I do not know next year, but at least that's impossible this year, the many factors that cause bitcoin will be higher, for example bitcoin is legalized in some big countries like japan and russia
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June 13, 2017, 01:48:29 PM
 #434

Let's just wait for the month of August to come as there are a lot of historical events that will happen related to bitcoin. Right now there's a rapid price fall and I don't know what's totally the reason of this. It looks like many are riding along with this craze of selling their bitcoin and well this is also an advantage for us to keep on buying.

There were a lot of predictions ,speculations on August, hope that I can manage to save alot before that day.
Even you will not save a lot as long you did maintained your current bitcoin holding I guess that is already sufficient to hold until that day come. SO there are still 2 more months to wait up to that date and I know you can still earn a lot for the source that you've got. For me what is important is that I have some savings.

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Himanshu111
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June 13, 2017, 05:20:10 PM
 #435

I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
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June 13, 2017, 06:31:20 PM
 #436

I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising.
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June 13, 2017, 06:42:13 PM
 #437

I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising.

I dont think it will ever go below 1000 but I also don't think it will be dead if that happens. Haven't you seen the counter that counts the number of times bitcoin has been declared dead? The simple fact is its here to stay forever.
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June 13, 2017, 06:49:13 PM
 #438

its very hard to comment upon it that weather it will go below 1000 or not.
china has been dumping btcs since it took a rocket start.
if it ever goes below 1500 it will sure go as low as 500
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June 13, 2017, 07:13:22 PM
 #439

I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising.
no i don't think so , considering bitcoin price are so volatile if then there is a scenario bitcoin price go dropped to below $1k or so as always bitcoin could skyrocketing bounce back to the highest level , and that time people will feel very regret did not believe in bitcoin.

that scenario actually always happened to those people who did not brave enough to take risk.

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June 13, 2017, 07:19:36 PM
 #440

I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising.
no i don't think so , considering bitcoin price are so volatile if then there is a scenario bitcoin price go dropped to below $1k or so as always bitcoin could skyrocketing bounce back to the highest level , and that time people will feel very regret did not believe in bitcoin.

that scenario actually always happened to those people who did not brave enough to take risk.

exactly
most people think if it is growing it will keep growing.
well economy is whore that never stays at one point.
so you never know what happens
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