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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37814 times)
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June 18, 2017, 01:50:11 PM
 #561

I think Bitcoin price would not fall to 1000$ as Bitcoin is seen as an investment by many and a lot of people have already invested in bitcoin.

Well it won't be falling anymore even there will be another correction or crash/dump to happen. Everyone wants to see a correction as it will give everyone to have a lot of chance to buy at lower price. But with a lot of people and newly informed investors that are seeing this great crypto currency, they will make the price up again.
Now a days, the users are smarter than before so if they will see a dump or dips then they will immediately buy and hold so there is no chance for the price to get lower than $1,000 per 1 bitcoin and i think the price will just continue up to $3,000 and be stable to that and i think it is coming after the events this year like the forks and more.

That's true, everyone now has almost the same way of thinking. If they are seeing the price is falling, they won't be hurt anymore as that will be an advantage to those wanted to buy more. And the price will keep on increasing with the upcoming events so for sure that will make a lot of good news and will make the price good.



 

 

 

 

 

 


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June 18, 2017, 02:48:37 PM
 #562

We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
The bitcoin will never reach $600 we are know too many companies are trying to take the more opportunities on the crypto business which gives more benefits for them. If there will be a demand for bitcoin and it will guarantee the future of bitcoin.

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June 18, 2017, 02:58:04 PM
 #563

We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
The bitcoin will never reach $600 we are know too many companies are trying to take the more opportunities on the crypto business which gives more benefits for them. If there will be a demand for bitcoin and it will guarantee the future of bitcoin.
Not sure about $600 prices, but there is no guarantee that it won't ever fall below the $1000 mark again. Don't forget that just before, or just after August 1st, we'll go through a turbulent time period.

No one yet can look at what's really going to happen at that time, but the chances for a good outcome are on the same level as the chances for a not so good outcome.

Some people are desperately looking to use altcoins to temporarily hedge Bitcoin, some plan to liquidate a part of their hodlings to have enough cash aside, and the list goes on ~ the fear is definitely there.

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June 18, 2017, 03:09:03 PM
 #564

Due to they expecting that bitcoin were running to lower price and they thinking that sooner or later bitcoin were going to shutdown​.
How do you think that a decentralized currency like bitcoin shuts down,one good thing you must do is the start learning about the technology behind bitcoin and then you will understand the scope of bitcoin than just a money making machine.
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June 18, 2017, 03:45:34 PM
 #565

We can't be sure that one day the price of bitcoin will fall to 600USD or lower. Just take a look at companies that was the leaders in their industries and how quickly everything has changed. E.g. anyone remember Napster?
The bitcoin will never reach $600 we are know too many companies are trying to take the more opportunities on the crypto business which gives more benefits for them. If there will be a demand for bitcoin and it will guarantee the future of bitcoin.
Not sure about $600 prices, but there is no guarantee that it won't ever fall below the $1000 mark again. Don't forget that just before, or just after August 1st, we'll go through a turbulent time period.

No one yet can look at what's really going to happen at that time, but the chances for a good outcome are on the same level as the chances for a not so good outcome.

Some people are desperately looking to use altcoins to temporarily hedge Bitcoin, some plan to liquidate a part of their hodlings to have enough cash aside, and the list goes on ~ the fear is definitely there.
I believe that the split will only be good in either cases. In the best scenario it will get more people interested to the bitcoin world and joining it, with a consequent rise of the price (or will keep it stable at least). If it doesn't go that good, I don't see the price going down THAT low anyways (and if it falls a bit, there's time to let it go back up)
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June 18, 2017, 04:37:13 PM
 #566

I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.
Even that was price crashed few days ago price is recovering till know and may surpass the peak later and going to $3000. Bitcoin to $1000 is highly impossible to reach unless some big news happened.

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June 18, 2017, 04:54:56 PM
 #567

I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.
Even that was price crashed few days ago price is recovering till know and may surpass the peak later and going to $3000. Bitcoin to $1000 is highly impossible to reach unless some big news happened.

Ya it is true that seeing the latest trend we think that $1000 is not possible but one thing everyone should know that nothing is impossible.
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June 18, 2017, 05:16:40 PM
 #568

I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.
Even that was price crashed few days ago price is recovering till know and may surpass the peak later and going to $3000. Bitcoin to $1000 is highly impossible to reach unless some big news happened.

Ya it is true that seeing the latest trend we think that $1000 is not possible but one thing everyone should know that nothing is impossible.
Right, I could not have said it better, however does not appear to be the case, I mean,  fall down  more than 1000 because many people  can be waiting for such an opportunity.
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June 18, 2017, 06:59:29 PM
 #569

why not? we can't deny that bitcoin has demonstrated clear bubbly behaviour
bubbly in a way that it is clearly a bubble  Grin,so you can expect itto be manipulated if needed to hit 1000$ low
but at the moment the sun is shining and nothing seems to be impeding the growth to 2600$ or even higher
just look back at February-March: 1000$ price was a blessing back then
and the conversations were about shall we ever hit the 1000$ mark again or not

Now clouds are gathering

And tomorrow may be a rainy day for Bitcoin. Or there might be no tomorrow for Bitcoin altogether if it gets heavily split in August. And this is a real deal, so it won't matter much if Bitcoin is a bubble or not. Once the split is done, there might be no way back, it will be a sort of one way ticket, a ticket into oblivion and obscurity. In short, this might be the end, and everyone should be thinking how they are going to deal with it and live through it (and yet better get ready for the ordeal while there is still some time left)

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June 19, 2017, 01:22:20 AM
 #570

I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.

I agree with this, the demand for bitcoin are increasing and i think this is the best factor that the price of bitcoin will continue to rise. we are far and not possible to reach $1000 again.
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June 19, 2017, 01:40:48 AM
 #571

If you are waiting for the price to drop in $1000 and buy bitcoins from then, im sorry to tell you this but it will not happen anytime soon because it will continue to soar up and reach new all time highs and probably will hit the $500000 dream. From there if you're thinking that if only bought bitcoins to where it was only to in $2000 mark you could gain huge amounts of profit. Why dont people understand that bitcoin already matured from volatility and a bubble will never happen because the present bitcoin is different from the past where it was only use by criminals it the darkweb while as of now bitcoin is widely use around the world.

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June 19, 2017, 01:42:54 AM
 #572

This is my wish bitcoin will drop under $1000 so I can buy more bitcoin for sure
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June 19, 2017, 01:44:34 AM
 #573

Key word "ever" So yes we will see it lower than $1000. It could be when the sun engulfs the earth in 5 billion years. 

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June 19, 2017, 02:23:33 AM
 #574

It is very possible that we will see bitcoin lower than 1000$ price again it might not be soon but im sure we will see it again in the next few years. The price right now is very high and we have seen that bitcoin can go up and down like crazy from 600$ to 1200$ or from 1100$ to below 1000$ so even if bitcoin price right now is 2000$+, we might see 1000$ price or lower again.
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June 19, 2017, 02:55:30 AM
 #575

It is very possible that we will see bitcoin lower than 1000$ price again it might not be soon but im sure we will see it again in the next few years. The price right now is very high and we have seen that bitcoin can go up and down like crazy from 600$ to 1200$ or from 1100$ to below 1000$ so even if bitcoin price right now is 2000$+, we might see 1000$ price or lower again.

Bitcoin is quite unpredictable, we can't distinguish whether it will rise or not. I will just store few on my btc until my target amount reached whether it takes long.

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June 19, 2017, 02:57:21 AM
 #576

Key word "ever" So yes we will see it lower than $1000. It could be when the sun engulfs the earth in 5 billion years. 

Lol, I don't think we need to take it quite so literally. If we look at the next few years I don't think theres much chance to see it drop that far.
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June 19, 2017, 03:55:39 AM
 #577

Key word "ever" So yes we will see it lower than $1000. It could be when the sun engulfs the earth in 5 billion years. 

Lol, I don't think we need to take it quite so literally. If we look at the next few years I don't think theres much chance to see it drop that far.

It has happened earlier, and therefore the chances of it repeating can't be ruled out. During 2013 to 2016, the exchange rates dropped from a peak of $1,230 to around $200 per coin, which corresponds to a decrease of almost 85%. So it has happened previously. It is possible for BTC to drop from $3,000 to sub-1,000 levels.
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June 19, 2017, 04:03:56 AM
 #578

I don't think that we will ever see but pin lower than 1000$ because the rate with which Bitcoin is growing is very high and a fall in price from 2600$ to 1000$ is not realistic.

Yeah it's like too dramatic for me.
From $2600 to $1000, that's a big downfall ever.
Even if we can say its all about the inflation, its not too reasonable to
go down a lot of btc.

This is my wish bitcoin will drop under $1000 so I can buy more bitcoin for sure
Yes this is the great time for us to buy btc at very cheap price. But I hope it will get back sooner.

Edit: The pros and cons of inflation.

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June 19, 2017, 05:23:37 AM
 #579

There is one other scenario: the USD becomes somehow supremely more valuable than Bitcoin or any other currency. That is, Bitcoin value versus a basket of other major currencies continues to be "stable", but not against USD specifically.

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June 19, 2017, 06:04:12 AM
 #580

There is one other scenario: the USD becomes somehow supremely more valuable than Bitcoin or any other currency. That is, Bitcoin value versus a basket of other major currencies continues to be "stable", but not against USD specifically.
Sorry in advance. Honestly, I don't understand what youre talking about?
Maybe you mean if bitcoin price is lower than 1000$, USD becomes much more valuable than Bitcoin, correct?
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