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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37823 times)
carlerha
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June 13, 2017, 11:17:51 PM
 #441

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.
although anything is possible in this world, but if we study the market it is clear from the market that bitcoin price is going fell down even from 2000$. it will be trading above 2700$ and after some days bitcoin has to get the acceleration and will start increasing again and this time we are expecting that the price of bitcoin will easily cross 5000 $ very easily.
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June 13, 2017, 11:51:16 PM
 #442

Bitcoin were into the up and down when there were the same players around, since Japan exchanges joined the market bitcoin price has jumped, i really doubt we will see bitcoin lower then 2000 dollars, such dump would cause panic over the most people, but bitcoin its a healthy coin, and wouldnt be the first time it does loose a big value, but loose 1500 dollars it would a deep attack at bitcoin.
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June 13, 2017, 11:53:58 PM
Last edit: June 17, 2017, 12:33:10 AM by stergium
 #443

Bitcoin were into the up and down when there were the same players around, since Japan exchanges joined the market bitcoin price has jumped, i really doubt we will see bitcoin lower then 2000 dollars, such dump would cause panic over the most people, but bitcoin its a healthy coin, and wouldnt be the first time it does loose a big value, but loose 1500 dollars it would a deep attack at bitcoin.
i think now the investors have become so much mature and they are not going for panic selling, we have so many examples in previous days when bitcoin price fell down from 2970$ to 2500$. but now it is again trading above 2700$ which is really a good support to bitcoin. i think the price is of bitcoin will never come down to such a low price, because of the increasing demand of bitcoin from time to time.
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June 14, 2017, 12:33:34 AM
 #444

When the price of bitcoin reached to $800 then everyone was in a worry then they will once again see the price of bitcoin at $200 but that not happened and what happened that bitcoin price started to increase and the price reached to $2700 and now again people have doubt but again I wil say that it will not drop.
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June 14, 2017, 02:22:36 AM
 #445

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.
Many predict bitcoin will die some time ago because the price had dropped to $ 200 a few years ago. But that is not the case? And then the price goes back up. I do not think bitcoin will die anytime soon. Although the price could just go back to $ 1000

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June 14, 2017, 02:46:42 AM
 #446

From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...
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June 14, 2017, 03:44:04 AM
 #447

anything can happen in the cryptocurrency of price reduction or price increase due to fluctuations where there is no certainty for the bitcoin price itself. worried that the possibility of a price drop to $1000 is there but the likelihood is small.

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June 14, 2017, 04:22:40 AM
 #448

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.
If there is an internet shutdown or a global war, bitcoin will be the very last of our problems, getting food and a place to take shelter will take priority over anything else, this is especially true in the case of a global war since the last time there was one like that nuclear bombs were deployed, only god knows that other weapons governments of the world have at their disposal.
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June 14, 2017, 04:32:30 AM
 #449

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.
The news tell Bitcoin died only a scare tactic to create panic selling in Bitcoin Community, Bitcoin can't died when have user still using it! The price can fall down but Bitcoin can't died, many news told Bitcoin died when the price fall down in 2013, but look now, if you can buy BTC in that time, you will think you are very lucky Smiley
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June 14, 2017, 05:51:44 AM
 #450

From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...


As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
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June 14, 2017, 07:05:26 AM
 #451

From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...


As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
I believe it's possible to fall that low value but I am not thinking of it anymore, It's enough for me to know the possibilities but I am more optimistic of the price increase because I believe if we are positive the vibes will get in and it will happen. Now, going back to being realistic, the current market of bitcoin is not telling that the price will dump in any given time, that is of course the exemption if there is a big bad news that will occur.
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June 14, 2017, 07:08:06 AM
 #452

From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...


As of now, I think NO also. Bitcoin is already treading to $3,000 dollar and getting back to $1000 is a major crash happening if ever. Though possibility is always there but for now, NO.
I believe it's possible to fall that low value but I am not thinking of it anymore, It's enough for me to know the possibilities but I am more optimistic of the price increase because I believe if we are positive the vibes will get in and it will happen. Now, going back to being realistic, the current market of bitcoin is not telling that the price will dump in any given time, that is of course the exemption if there is a big bad news that will occur.
Due to halving and the acceptance of some countries by officially recognise bitcoin as a legal tender? There's no way bitcoin could drop that low unless something unexpected which is pretty bad happens to bitcoin.
Bitcoin's halving always occurs periodically and demands always increase by the time, it means that Bitcoin has a really high chance to have higher value more than the current price.

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June 14, 2017, 07:25:11 AM
 #453

From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...

I am sorry but I think when world economy is bad, people will buy bitcoin as safe haven. Bitcoin is not only used in Europe but in Asia too. I am sure that bitcoin price will keep increasing.

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June 14, 2017, 07:31:58 AM
 #454

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?

A fall can definitely happen anytime. But I'm thinking about a crash to about $2000 or $1800 only. It would be too much of a disaster for Bitcoin to fall to something lower than $1000. I'm not saying it's impossible though, it's definitely possible. Anything can happen at this point.

I'm actually expecting a crash nextmonth (end of July) because of the possible split between Bitcoin Unlimited and Bitcoin Core. But I expect it to come back to a rise immediately after a few weeks of months.

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June 14, 2017, 07:33:08 AM
 #455

From my perspective, it will not go down below 1000 dollars, but in the monetary system anything can be happened. During recession many European countries economy had been collapsed, so if it occurred again then everything will go down. Nothing can be predictable...

I am sorry but I think when world economy is bad, people will buy bitcoin as safe haven. Bitcoin is not only used in Europe but in Asia too. I am sure that bitcoin price will keep increasing.

Its all over the world now,many countries wer adopting it ,this past few months its all over Asia and its good to know and see its progress.

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June 14, 2017, 08:20:00 AM
 #456

I think the only way for us to see the bitcoin price go lower than $1000 is when a much better technology has prevailed and made people leave bitcoins or when bitcoin has died by its own. As long as bitcoin is performing well, people are going to hold their bitcoins. People are still going to play the trading game that bitcoin offers. Everything that goes up will eventually go down, but that's not happening anytime soon in bitcoin.

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June 14, 2017, 12:45:17 PM
 #457

As for today or in the next next days bitcoin not lower than 1000$ because big pump are coming again.  Maybe next month or more than 3 months before the big pump up coming. Hope it will be higher to 5000$.
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June 14, 2017, 01:36:54 PM
 #458

I think with the price hype now that is impossible because the bitcoin price now is still growing as time pass by so I think that if bitcoin state is that dumping it in 1000$ is beyond impossible, for me dumping it below 2000$ is impossible now so the best way to invest now is to invest now to go with the hype of the bitcoin.
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June 14, 2017, 04:52:28 PM
 #459


As for today or in the next next days bitcoin not lower than 1000$ because big pump are coming again.  Maybe next month or more than 3 months before the big pump up coming. Hope it will be higher to 5000$.

yes you are right bitcoin can not be lower than 1000$ because the price of bitcoin is going higher and higher however the price is going up and down but it cannot reach below 1000 dollars, if the extreme dump occur it will be 2000 dollars but i think the price will be 3000 dollars in the end of the year.
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June 14, 2017, 05:01:57 PM
 #460

If we have another MtGox-like disaster, then certainly btc would likely drop below $1000.
Any significant news that could create fear/doubt in the hearts of investors would cause it drop.
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