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Author Topic: IS THERE ANY POSSIBILITY OF A PRICE REDUCTION FOR FUTURE BITCOIN  (Read 2608 times)
hisuka
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September 25, 2017, 10:18:32 PM
 #61

When we talk about bitcoin and sharing some knowledge about it, we have different point of views. Literally, bitcoin has always been volatile ever since. So for me there is always the possibility of a price reduction for the future and also the price would be skyrocket. There are many things will be happen in the future and we should be ready what may arrise then.
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September 25, 2017, 10:49:17 PM
 #62

There is always that possibility. We can't totally eliminate it because bitcoin is based on speculation. So it works both ways, someday it might be up, and there are days that the price nose dive. But's that we as traders love about bitcoin. I mean you have take advantage of it, if the price goes high, then sell some of your stash, if its down then its a good buying point.

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September 25, 2017, 11:20:44 PM
 #63

There is always that possibility. We can't totally eliminate it because bitcoin is based on speculation. So it works both ways, someday it might be up, and there are days that the price nose dive. But's that we as traders love about bitcoin. I mean you have take advantage of it, if the price goes high, then sell some of your stash, if its down then its a good buying point.

The fluctuations are always associated with Bitcoin and so I don't understand the OP, dies he think Bitcoin can have a one way drive without taking a tumble? That will even make it unatural. It's like asking whether a human being breathes or not.
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September 26, 2017, 12:19:43 AM
 #64

Currently I don't think it will go lower than 3000$ but rather it could go higher than 4000$ unless something happens so if you're hoping for a future reduction I don't think it will beyond 3500$ so it's better you buy now than ever.
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September 26, 2017, 01:06:17 AM
 #65

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

From that list price of bitcoin we can say that it was supported by the investors because the value will not reach that high and powerful. It is hard to determine of there is a possible decline on the price because the market is too volatile and we should expect the best and the worst. I hope that it would not decline lets hope for the best in bitcoin because all of us will benefit from it in the future.

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September 26, 2017, 01:17:17 AM
 #66

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

From that list price of bitcoin we can say that it was supported by the investors because the value will not reach that high and powerful. It is hard to determine of there is a possible decline on the price because the market is too volatile and we should expect the best and the worst. I hope that it would not decline lets hope for the best in bitcoin because all of us will benefit from it in the future.

It doesn't look like it's going to decline further than it already did and so I'm  very optimistic about Bitcoin's progress from henceforth. It's enjoyed a great support from the masses over the years and that is what catapulted its prices this high.
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September 26, 2017, 01:47:46 AM
 #67

In my own opinion yes there is a possibilities because its bitcoin anything can happen.  But basing on your topic price can increase.
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September 26, 2017, 01:54:33 AM
 #68

not sure when to go up or down the bitcoin. it is true that bitcoin greatly fluctuates in their unstable prices which makes bitcoin less desirable among certain circles but beware of bitcoin is a safe investment and is often called digital diamond. this is a recommended investment for a long term of 5 or 10 years considering the rise in bitcoin prices.

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September 26, 2017, 02:04:31 AM
 #69

Currently I don't think it will go lower than 3000$ but rather it could go higher than 4000$ unless something happens so if you're hoping for a future reduction I don't think it will beyond 3500$ so it's better you buy now than ever.
Since bitcoin price is on the uptrend mark, we can say that possibility of higher price next years probably $6k. If we invest now, it's a big profit we earned  in the future. We also consider the price stability of bitcoin and possibility of dumping anytime, but still profitable enough compared to other investment.
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September 26, 2017, 07:14:23 AM
 #70

I am sure that OP is having a hard time expressing the thoughts in English. Anyway, let me chip in what I can according to what I understand. You are talking here of volatility (the increase and decrease of value of a certain medium) and for Bitcoin it so happened to be too high as compared to other investment tool. However, it is also the same volatility that attracted so many players to Bitcoin (the same reason also why there are those who are shying away from it).

Would there be a decrease? yes, anything is possible actually and no one knows what can happen in the next few days as the market is very much vulnerable to any FUD from well-known personalities. However, this is always temporary as the trend for Bitcoin remains to be upwards.
Yes, it is right that bitcoin is volatile currency and can change anytime due to any reason. The variations are very high is the price. As we saw that in the near past the price was jumped down from 4600 dollars to almost 2900 dollars. The investors got very panic and thought of their investment but after some time the price raised again and now it is about 4000 dollars. So nothing can say about the future of bitcoin.

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September 26, 2017, 05:19:32 PM
 #71

It will be bit difficult to scale the ath soon. However given track record of the bitcoin it is not impossible. Currently some major players are entering in bitcoin world with full fledge (read jpM) and they would try to create the FUD among the bitcoin world to gain from the momentary dips.
Drastic fall is not expected but some ups and downs will be observed given the situation is kind of unstable.
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September 26, 2017, 05:59:51 PM
 #72

There is always that possibility. We can't totally eliminate it because bitcoin is based on speculation. So it works both ways, someday it might be up, and there are days that the price nose dive. But's that we as traders love about bitcoin. I mean you have take advantage of it, if the price goes high, then sell some of your stash, if its down then its a good buying point.

It doesn't really happen on a day-to-day basis anymore though. Huge rises and crashes are very rare, generally happening over the course of a week as opposed to days as we are used to seeing (for anyone who started in Bitcoin years ago, that is). I mean a crash of 5-10% is considered a lot now in a 24 hour period, but that happened in a few hours numerous times years ago and it was considered normal.

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September 26, 2017, 06:44:43 PM
 #73

Bitcoin is a speculative asset highly run by demand. There is nothing which is backing its value leaving demand and limited supply. The market can easily be manipulated by bulk holders or some bigger players by just propagating the false news as distribution is not uniform that we have already seen that in past. These things will keep on happening in future. But demand increase is in positive direction. Thus, price will rise but offcourse with fluctuations.

Exactly! I had a similar discussion with someone earlier today. It is demand that drives the value of any commodity or services. The demand for bitcoin grows by the day and sadly its supply is limited in the tune of 21million which is infinitesimal to the total world population. And the era of pessimism on the bitcoin has long passed so people will keep making demand for it. The price won't revert to the old anymore. What we can witness is price correction from time to time.  But generally sentiment still remains bullish on bitcoin.

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September 26, 2017, 08:06:31 PM
 #74

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

If you observe your chat very well , you would see that this year withnessed the highest rate of increase and if I 'm asked for a reason for that increase, I would say is as a result of awareness. So, bitcoin is getting more popular and the awareness is coming up, the price might not drop to 3k again. My view though.
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September 26, 2017, 08:07:00 PM
 #75

Currently I don't think it will go lower than 3000$ but rather it could go higher than 4000$ unless something happens so if you're hoping for a future reduction I don't think it will beyond 3500$ so it's better you buy now than ever.
Since bitcoin price is on the uptrend mark, we can say that possibility of higher price next years probably $6k. If we invest now, it's a big profit we earned  in the future. We also consider the price stability of bitcoin and possibility of dumping anytime, but still profitable enough compared to other investment.

Technically that's only if this onward trend continues which, chances are that it will run into some stumbles here and there but generally follow a fairly upward path. In terms of OP's question, what this means is that he might be able to purchase on one of these small dips and profit off of that in case Bitcoin blasts off again.

This area is up for grabs! PM me if you're interested.
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September 26, 2017, 08:32:11 PM
 #76

I think bitcoin value won't drop as such, it will rise because some positive news will come it way, like some countries using it as transaction, this will lead to greater awareness and adoption. Bitcoin is a good investment and it is still few millions in circulation.

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September 26, 2017, 09:13:32 PM
 #77

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked
The price will decrease and increase because of so many economic and non economic factors, so why do you only think negatively, you invest and you get some profit, it's the time that matters.  Bitcoin won't drop like in major margins if that's what you are concerned about, because it has made it to the big league, it's getting popular by the day, people are talking about it and if the price goes down majorly people will lose hope for sure in bitcoin. So I personally don't want such a case to ever be true.


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September 26, 2017, 09:27:33 PM
 #78

I dont see it dropping below $1k ever again
Serco
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September 26, 2017, 10:32:42 PM
 #79

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked
Seen at table the results of your research, I see in 2012 and 2013 bitcoin biting climbing fairly fantastic and indeed I see a decline in prices in 2015 but time-lapse runs and a severe blow from this years price hike is really crazy WTF.
If only the wind whispered in the past to come see bitcoin, unfortunately the wind was blowing into my ear this year

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WIN A
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CYBERTRUCK


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September 27, 2017, 03:23:50 PM
 #80

Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked

Well there probably will be drops like what happened in 2015, but as that same chart tells us, the price keeps on rising. There will be months like now where challenges will rise but recovery is almost certain

 
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