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Author Topic: Could btc hit 1 usd?  (Read 3851 times)
xFiber
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June 21, 2017, 12:42:23 PM
 #81

Nah! That is not possible in the present scenerio... Unless there is a zombie apocalypse (ones eating bitcoins) or ww3 breaks out, we dont expect btc to hit $1 anytime soon...
If an apocalyps would happen bitcoin would have no value and neither would regualr currency. Goods, food, water, weapons and other supplies would be the most valuable  sincee that would keep us alive. Bitcoin doesn't have another use other than storing value and that goes for all the other currencies around the globe.
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ladydark
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June 21, 2017, 12:52:20 PM
 #82

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.

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June 21, 2017, 01:19:59 PM
 #83

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.

Even if the price of bitcoin is sturdy going up and there are so many demand with it, the possibility of bitcoin going to 1$ is still possible, we are having a great price right now but still bitcoin price would need to fluctuate anytime and we don't have the power to control or to know what kind of movement it will make, and right now we are on a risk in the impeding split let's just hope the price would go to a 1$ value in August 1.
AjithBtc
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June 22, 2017, 12:15:39 PM
 #84

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.
Such a situation never arise with bitcoin, where a single person not using bitcoin. At the beginning we were not into bitcoin, very small number of early adopters were using it, but this has got certain value and now this has grown as high as $3000. So once again the cyclic process making the price reach $1 is not gonna happen.

marcuslong
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June 22, 2017, 12:33:08 PM
 #85

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Yes only in your dream don't forget to buy millions of bitcoin maybe you will get millionaire in your dreams too. Don't expect too much because it will turn into dissapointment for sure "THERE'S NO CHANCE BITCOIN WILL TURN AND FALL WITH THAT PRICE" it may be dead or something planning to disappear.
marseille
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June 22, 2017, 01:59:15 PM
 #86

I don't think that bitcoin can fall that low now in future and if it falls that low then it will be an end of bitcoins as majority of users will switch their investment to other products and after that price it will be very hard for bitcoins to regain its value.
Shendelzare
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June 23, 2017, 08:37:04 AM
 #87

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.

Even if the price of bitcoin is sturdy going up and there are so many demand with it, the possibility of bitcoin going to 1$ is still possible, we are having a great price right now but still bitcoin price would need to fluctuate anytime and we don't have the power to control or to know what kind of movement it will make, and right now we are on a risk in the impeding split let's just hope the price would go to a 1$ value in August 1.
I guess that is a good news to those people who have already stocked BTC for a bit. But what about who are new to the industry? What about those investors(that will significantly help BTC to grow more) who wanted to invest more to BTC then they suddenly found out that BTC is now priced as $1? Then it will gradually drop continuously, and what more is soon BTC will be no more.
Biggapp
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June 23, 2017, 08:21:36 PM
 #88

I don't think that bitcoin can fall that low now in future and if it falls that low then it will be an end of bitcoins as majority of users will switch their investment to other products and after that price it will be very hard for bitcoins to regain its value.

well i think we do not need to even think about that much low price of bitcoin because if this happen then the bitcoin will totally die and everyone will move from bitcoin to other currencies and other currencies will replace bitcoin but it seems impossible to happen this because bitcoin is a strong currency.
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June 23, 2017, 08:52:41 PM
 #89

I don't think that bitcoin can fall that low now in future and if it falls that low then it will be an end of bitcoins as majority of users will switch their investment to other products and after that price it will be very hard for bitcoins to regain its value.
Yes, there were some topics which were discussing about bitcoin prices falling back to below $100, but suddenly I'm seeing this topic is talking about hitting one dollar on extreme cases. Practically I do not find the any chances for that to happen as there will be more people to be interested in buying when they will be seeing cheaper bitcoins.

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ModGirl
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June 23, 2017, 11:50:22 PM
Last edit: June 24, 2017, 12:20:15 AM by ModGirl
 #90

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.
I think its nearly impossible because a few years back when people were mostly unaware of bitcoin and the countries banned it bitcoin don’t fall to 1 .and now people are mostly aware of it and countries are legalizing it so I think the day will never come in life when bitcoin hit 1.
Shendelzare
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June 24, 2017, 04:30:36 PM
 #91

I don't think that bitcoin can fall that low now in future and if it falls that low then it will be an end of bitcoins as majority of users will switch their investment to other products and after that price it will be very hard for bitcoins to regain its value.

well i think we do not need to even think about that much low price of bitcoin because if this happen then the bitcoin will totally die and everyone will move from bitcoin to other currencies and other currencies will replace bitcoin but it seems impossible to happen this because bitcoin is a strong currency.

Yes, if this would have to happen in the future, eventually BTC will start from scratch and it will have a huge effect on the people and they might not use BTC anymore.

And no, other coins will not overcome BTC since these altcoins are based on BTC in the first place.
Municeps
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July 04, 2017, 11:11:52 AM
 #92

No, hopefully such things do not exist, you can sleep peacefully ! Also, it does not happen especially overnight !

Now I lay me down to sleep
I pray all cryptos to increase
If the market crash before I wake
On ramen I will dine not steak

But it seems we have a crypto-poet Grin ! I will anyway print it to hang it over my desk, that will smooth me before going to sleep !
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July 04, 2017, 11:37:46 AM
 #93

That's hard to happen once again. The bitcoin doesn't have along time history like gold and other valuable asset. It grew high in a very short period and importantly it grew from the scratch of being a free giveaway and now reached a peak value that none other currency hasn't achieved. Going back to $1 is not gonna happen, if it has got possibility during the past crashes this could have taken place.

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July 04, 2017, 11:43:41 AM
 #94

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Nothing is impossible but it is a far fetched imagination.Price fall to  $1 overnight is very remote possibility.
But if that happens,I will buy as many as I can

tigershark
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July 04, 2017, 01:20:45 PM
 #95

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Bitcoin is still a high risk investment and there is the possibility of failure. At this point though we are several years into its existence and it seems to be progressing so it would be unlikely to fail now, but no guarantees.
YuginKadoya
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July 04, 2017, 02:21:26 PM
 #96

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Only when nobody is ready to buy bitcoin,then one btc could reach $1.But with such mass adoption of bitcoins all over the world,i don't think that demand would ever fall down.On the other hand,demand would only increase making its price rise more.So if you have an idea to buy bitcoins only when its price hits $1,then i am sorry to say that it may remain only as a dream.

Even if the price of bitcoin is sturdy going up and there are so many demand with it, the possibility of bitcoin going to 1$ is still possible, we are having a great price right now but still bitcoin price would need to fluctuate anytime and we don't have the power to control or to know what kind of movement it will make, and right now we are on a risk in the impeding split let's just hope the price would go to a 1$ value in August 1.
I guess that is a good news to those people who have already stocked BTC for a bit. But what about who are new to the industry? What about those investors(that will significantly help BTC to grow more) who wanted to invest more to BTC then they suddenly found out that BTC is now priced as $1? Then it will gradually drop continuously, and what more is soon BTC will be no more.

Actually I think I made a typo with that I mean let's just hope the price would "not" go to a $ 1 value in the impending August 1, because if the split would occur then bitcoin would have a two side then what side would yo pick! I think every bitcoin wallet right now are getting ready with this and they are preparing to really secure our bitcoin, well At least I have joined up a wallet that are doing something.
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July 04, 2017, 02:27:21 PM
 #97

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

If suddenly miners would mine 12500 BTC in every block price would decrease 1000 times and would be only few USD.  That bitcoin algorithm will be flawed is a sure thing. But assumptions are that it will be changed with stronger one before it will get flawed. But if value of BTC keeps increasing then no algorithm would secure that much value there is higher reward for anyone to break it unnoticed.  so you cant really copy/paste past here.
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July 04, 2017, 09:06:15 PM
 #98

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Nothing is impossible but it is a far fetched imagination.Price fall to  $1 overnight is very remote possibility.
But if that happens,I will buy as many as I can

Even I will do the same if bitcoin falls that low in future but that is unlikely to happen as bitcoin is growing now and in future it will be even more powerful currency in terms of its value and if bitcoin starts falling then there will be many people who will prefer to quit bitcoins and switch to some other investment.

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July 04, 2017, 09:16:33 PM
 #99

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?
Nothing is impossible but it is a far fetched imagination.Price fall to  $1 overnight is very remote possibility.
But if that happens,I will buy as many as I can
Falling to $1 overnight is impossible, but we can extend this to about half of the current price. Nothing can make it fall below $1500 in a day, because there's not enough money on exchanges. Think about it like this. For the price to fall to $1 almost every owner in the world would have to sell. If only 50% sell you won't even fall below $1000 and for that to happen you need weeks.

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July 05, 2017, 10:09:45 AM
 #100

Could some major shift or change happen that would bitcoin nearly worthless especially overnight?

Bitcoin is still a high risk investment and there is the possibility of failure. At this point though we are several years into its existence and it seems to be progressing so it would be unlikely to fail now, but no guarantees.

for the moment it still shows as bitcoin high-risk investments, but very profitable future because now bitcoin already growing again on the cusp of we want, I would expect this. will continue to achieve at the Summit until bitcoin hit 1 usd Wink
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