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Author Topic: Will we ever see bitcoin lower than 1000$?  (Read 37814 times)
ubitcoin
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June 27, 2017, 08:29:07 PM
 #721

It is hardly possible(but don't forget that everything is possible) and i know btc isn't stable. Its value goes up and down every moment but i honestly can't see him dropping under 2000$.
The price will always fluctuate, like it has been for long time. But i agree with you when you say that it is less likely that bitcoin will fall below 2000 dollars. I mean it has grown so fast in last few months, and there are news that it will grow even more, which is great. It is great for all of us who deal with  bitcoin. But everything is possible as you said Cheesy .
We need to understand that where the Bitcoin stands today is a very good positions from its past. In past we have observed that the bitcoin prices fall too much abruptly but now it is a recognized and legalized way of payment in some countries so it can now not fall this much down around $2000 is acceptable but I think not below than that.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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June 27, 2017, 08:41:32 PM
 #722

I didn't see that bitcoin is lower than 1000$, but it's possible to go down and up. Since Bitcoin is a currency so that the value can be low or high at anytime. Market is dependent on some factors which make a currency valuable or worthless. So it's not a surprising matter to see Bitcoin is lower than thousand...
yes that is right the price of bitcoin cannot fell down from that price but will increase more and more . i do not think that the price of bitcoin is going to fell down from 2000$ and very soon is expected that the price of bitcoin will start increasing and this time may be reach to 4000$.

I just hope it will really increase more, I will be holding my coins for a moment, maybe buy some if it dumped below $2000, but as you have said, I don't think it will be happening. There are many users and investors right now that it will not be coming back below $2000.


It is hardly possible(but don't forget that everything is possible) and i know btc isn't stable. Its value goes up and down every moment but i honestly can't see him dropping under 2000$.
The price will always fluctuate, like it has been for long time. But i agree with you when you say that it is less likely that bitcoin will fall below 2000 dollars. I mean it has grown so fast in last few months, and there are news that it will grow even more, which is great. It is great for all of us who deal with  bitcoin. But everything is possible as you said Cheesy .
We need to understand that where the Bitcoin stands today is a very good positions from its past. In past we have observed that the bitcoin prices fall too much abruptly but now it is a recognized and legalized way of payment in some countries so it can now not fall this much down around $2000 is acceptable but I think not below than that.

We can't avoid such thing because we all know how volatile bitcoin is and we can't compare our current state in the past because bitcoin is just a digital currency that time, now it has many users and know world-wide. Bitcoin is also just starting to be popular that time, now it is.

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June 27, 2017, 08:49:24 PM
 #723

The price is swinging again upwards for a close to $100 increase. Looks like the support close to $2,300 is strong and most of the buy orders are set from that price range. Because of that, it triggers again the bull to established a $100 increase. Is it now the start of bullish trend?

Price lowered than $1,000 is now on dream again. Still waiting for drop? Ok then don't take the ride.
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June 28, 2017, 01:06:26 AM
 #724

The big boys are involved now, and they know the level which will make you squeal...... and squeal we shall.

This drop was nothing...... watch what happens when they take it below $1600..... people will be running for the doors and jumping out of windows to save themselves.

Then it will go up. the real question is who will have the guts to pick it up then? Blood in the streets, that crook Warren Buffet is the master of robbing people.

$1000?Huh? Who knows..... if you follow gold and what they do to Gold-bugs on a daily basis, then you know how this is going to end up.

The moment Goldman creates a Bitcoin/Altcoin derivative that creates 100x to 1 leverage, then the circus music will really start.

-DE
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June 28, 2017, 01:34:58 AM
 #725

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?


To tell you truth no one can really tell. All these trades have all their analysis and predictions. Before bitcoin hits $2000 everyone is speculating that it will happen on the end of the year but as we know they got it all wrong and it even surpasses $2000 and now $2500.
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June 28, 2017, 04:41:22 AM
 #726

never say never in crypto business lol.

True. We can never know this.

Hard fork on the way and as a result we can see a huge dump in prices of bitcoin. I won't be surprised if we see again $1000.

Thats true, but if that things happen for me that is the best time to buy more bitcoin because i believe it will bounce back and make a new all time high  price. i believe that what ever happens on august will still make bitcoin more powerful than before. Smiley
The problem in the case of a hard fork is, which coin do you buy, the one with the most hash rate or the one supported by the devs? or the one most popular in bitcointalk? It is not as easy as you may think, at that point it would be better to wait.
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June 28, 2017, 04:50:03 AM
 #727

I have no doubt  ,bitcoin will be back on the  upward track.  Ive seen this many times  down by almost a week and going up again. So all the trolls out there that says btc is dead ,think again, and you will see the answer.
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June 28, 2017, 04:52:05 AM
 #728

It is hardly possible(but don't forget that everything is possible) and i know btc isn't stable. Its value goes up and down every moment but i honestly can't see him dropping under 2000$.
The price will always fluctuate, like it has been for long time. But i agree with you when you say that it is less likely that bitcoin will fall below 2000 dollars. I mean it has grown so fast in last few months, and there are news that it will grow even more, which is great. It is great for all of us who deal with  bitcoin. But everything is possible as you said Cheesy .
We need to understand that where the Bitcoin stands today is a very good positions from its past. In past we have observed that the bitcoin prices fall too much abruptly but now it is a recognized and legalized way of payment in some countries so it can now not fall this much down around $2000 is acceptable but I think not below than that.
When bitcoin is not that popular the price falling down low is quite common. Right now the scenario is different that more Countries have adopted and legalized bitcoin. So a big volatility will surely affect the economic situation within the country. Based on this I believe that the price never goes down to $2000 and the trust is driving the entire system of cryptocurrencies.

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June 28, 2017, 11:44:00 PM
 #729

I have no doubt  ,bitcoin will be back on the  upward track.  Ive seen this many times  down by almost a week and going up again. So all the trolls out there that says btc is dead ,think again, and you will see the answer.

Yeah right, everytime bitcoin fall it will bounce back saw it years ago, and for me bitcoin will never hit 1000$ again because a lot of people now are using bitcoin and the demand for it are really increasing so if the law of supply and demand gets into it, the price of bitcoin should continue to soar high.
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June 28, 2017, 11:49:40 PM
 #730

Maybe it will happen someday, but it will not be soon, and maybe never will be. Every year we see that the price of bitcoin higher. If he's not a pyramid then all will be well and we will never see a price of $ 1,000. I hope this year to see $ 3,000.
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June 29, 2017, 12:52:38 AM
 #731

It doesn't seems that it will get lower than 1000$, however there is no confirmation of the price in the future due to the volatile characteristic of bitcoin. It is expected that it will kept on increasing this year in the upcoming months.
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June 29, 2017, 01:04:33 AM
 #732

Maybe it will happen someday, but it will not be soon, and maybe never will be. Every year we see that the price of bitcoin higher. If he's not a pyramid then all will be well and we will never see a price of $ 1,000. I hope this year to see $ 3,000.
I do not think that would happen, progress of bitcoin is continuous to grow and value will not going to decrease again. Also continuous adoption by more country could help the bitcoin life and value much stronger in thr future. If you still waiting for that price because you want to invest i think your money will not be invested in bitcoin.
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June 29, 2017, 01:49:24 AM
 #733

You could like, write a report on bitcoin with some of the responses here. There's this 'Sig campaign' style that exist only on this forum, it's like 4 declarative obvious sentences that are relatively ambiguous. For adding xirqtions, viola, research paper Wink

Anyway, I digree (and I can't make a low quality post whilst shitting on others).

Bitcoin will never see 1000 again, and if it does, you won't want to touch it. Since Gox, it seems we have established psychological price floors, usually based off the former ath. We met 1000 after Gox, when we passed 1000 again after the Great Bear Run of 2014, we didn't fall under it during our subsequent crash. For BTC to breach the new price floor (I imagine 2000), we would need a serious technical breakdown. If that happened, like I said, you wouldn't want to touch bitcoin; no longer as safe of an investment (it isnt) and 1000 wouldn't be the floor I'm this scenario, it could go to ruin.
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June 29, 2017, 01:53:08 AM
 #734

It doesn't seems that it will get lower than 1000$, however there is no confirmation of the price in the future due to the volatile characteristic of bitcoin. It is expected that it will kept on increasing this year in the upcoming months.

It will be keeping on increasing but after the Month of August. We all know many people are being scared on what this month can do with their investments,but I don't think it will be flopping under $1000, not even on $1000, It will stay at $2000 because we all know how people want to invest and earn profit on bitcoin.
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June 29, 2017, 02:04:24 AM
 #735

Theres no chance that bitcoin will go back to that price,  cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.
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June 29, 2017, 02:36:07 AM
 #736

Theres no chance that bitcoin will go back to that price,  cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.

Who knows man ? The price of bitcoin can easily increase and decrease, but we never know what will happen to bitcoin for the next 2-3years. But i'm agree that the price will stay on $2000 on this year, especially when Segwit come, i'm not sure the bitcoin price will lower than $1000.


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June 29, 2017, 02:47:17 AM
 #737

Theres no chance that bitcoin will go back to that price,  cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.

Who knows man ? The price of bitcoin can easily increase and decrease, but we never know what will happen to bitcoin for the next 2-3years. But i'm agree that the price will stay on $2000 on this year, especially when Segwit come, i'm not sure the bitcoin price will lower than $1000.
I agree with mundang on this one Bitcoin's price would still likely hover above 2000$ level in the long term I think they are setting up a new stronger base here. With that being said it would take a lot of heavy selling to make it fall down below 2000$ in which in return we would have a very long consolidation period.

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June 29, 2017, 03:22:24 AM
 #738

Theres no chance that bitcoin will go back to that price,  cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.

Who knows man ? The price of bitcoin can easily increase and decrease, but we never know what will happen to bitcoin for the next 2-3years. But i'm agree that the price will stay on $2000 on this year, especially when Segwit come, i'm not sure the bitcoin price will lower than $1000.
I agree with mundang on this one Bitcoin's price would still likely hover above 2000$ level in the long term I think they are setting up a new stronger base here. With that being said it would take a lot of heavy selling to make it fall down below 2000$ in which in return we would have a very long consolidation period.
That's the truth and we should expect more than that as crypto currency is getting stronger because of huge investors. For this reason, I don't consider that bitcoin's possiblity of huge volitality since we should be optimstic for our holdings.

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June 29, 2017, 03:40:16 AM
 #739

Theres no chance that bitcoin will go back to that price,  cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.
considering bitcoin nowadays getting rare and as time goes by only few people hold bitcoin then yes there is a little chance bitcoin could go down to below $1,000 or so , unless there is a huge news about how bitcoin recognized as an illegal thing around the wolrd which it is near impossible.

so just hold your bitcoin or even buy it now before bitcoin getting expensive.

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Questat
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June 29, 2017, 05:45:33 AM
 #740

Theres no chance that bitcoin will go back to that price,  cause even there is a huge panic on the market bitcoin will still maintain the 2000$ above price.
considering bitcoin nowadays getting rare and as time goes by only few people hold bitcoin then yes there is a little chance bitcoin could go down to below $1,000 or so , unless there is a huge news about how bitcoin recognized as an illegal thing around the wolrd which it is near impossible.

so just hold your bitcoin or even buy it now before bitcoin getting expensive.
I could not imagine how investors will be upset if the price will go down below $1,000, that is more than 50% decrease
which is not good for the market. I will not expect that to happen, and we are already lucky to see the price below $2,000 which
I think gives us the opportunity to buy.

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