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Author Topic: Will Bitcoin ever be $5,000 again?  (Read 1996 times)
timerland
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December 28, 2017, 02:45:43 AM
 #121

I honestly do not think that bitcoin will ever reach the 5,000 mark again any time in the near future. Most of the down-side to the near crash not long ago has already dissipated, and the price is on the rise once more. (However as per the last few hours, the price has again fallen.)

IMO the best we can do is wait it out and see how the community decides the price. It can either go down or up, but we should see it rise again after the holiday season.

By the way does anyone know the exact date of the lightning network implementation? That will most certainly push the prices up again.

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December 28, 2017, 04:04:03 AM
 #122

As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.

Unlikely but true. That being said, it is always best not to put all your money into one coin. Always be safe than sorry.

I agree, we need to invest or put  our money to other coin because if the coin drop down we have another coin to work to continue his in value ( but it's depend for what the token is. ) Anyways, for the bitcoin it won't happen if the price or value droping down to $5,000 again, because if you can see there's posible that will increase his value when this 2018 comes. And for me i think bitcoin decrease up to $14,000 to $13, 000 only, that's my own opinion..
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December 28, 2017, 06:37:49 AM
 #123

$5000 is very unlikely however if a bear market starts now, then we might well see btc back to $2K or $3K easily....
Bitcoin is a digital currency and it's rate varying by day to day .Two days back it crossed $19000 , it reduced today to $15000 and in two days $4000 different. Fall in rate some how. But their will be increase after January 1 because it's a new year starting and many will inverse their money in bitcoin to get profit.I don't think it will reach 5000$ back again.
Yeah it is convention that it goes to the highest level and then get a fall of round about 4 to 5 thousand dollars and then come again with maximum potential to give people more and those who are saying that it will go to the 5000$ again are bit stupid because people are buying in high amount at this time and that time no far when it will start going up and people will be watching faces who will not be in it and will regret.
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December 28, 2017, 09:14:45 AM
 #124

As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.

Unlikely but true. That being said, it is always best not to put all your money into one coin. Always be safe than sorry.

I agree, we need to invest or put  our money to other coin because if the coin drop down we have another coin to work to continue his in value ( but it's depend for what the token is. ) Anyways, for the bitcoin it won't happen if the price or value droping down to $5,000 again, because if you can see there's posible that will increase his value when this 2018 comes. And for me i think bitcoin decrease up to $14,000 to $13, 000 only, that's my own opinion..
Much better if you have separate fund for buying altcoin for holding in long period of time because that is what i did having bitcoin holding for long period of time and i have altcoin also holding for long period of time.
I do not think bitcoin value will drop down till 5000$ again that was insane dump. Value of bitcoin is ranging 13000$ to 14500$ and expecting that before year end value hits 20000$.
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December 28, 2017, 09:35:40 AM
 #125

As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.

Unlikely but true. That being said, it is always best not to put all your money into one coin. Always be safe than sorry.

I agree, we need to invest or put  our money to other coin because if the coin drop down we have another coin to work to continue his in value ( but it's depend for what the token is. ) Anyways, for the bitcoin it won't happen if the price or value droping down to $5,000 again, because if you can see there's posible that will increase his value when this 2018 comes. And for me i think bitcoin decrease up to $14,000 to $13, 000 only, that's my own opinion..
Much better if you have separate fund for buying altcoin for holding in long period of time because that is what i did having bitcoin holding for long period of time and i have altcoin also holding for long period of time.
I do not think bitcoin value will drop down till 5000$ again that was insane dump. Value of bitcoin is ranging 13000$ to 14500$ and expecting that before year end value hits 20000$.

lol we have 3 days until the end of the year. Don't get your hopes up for 20k, or even 18k.

It will probably take at least a month if the price will recover ATH levels.

Using crypto to pay for college.
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December 28, 2017, 04:32:22 PM
 #126

I guess bitcoin price would be around 17000 to 18000 end of this year and as you stated there's no chance for bitcoin to come down to even 10000. However, the price trend down was due to some corrections happening and this is healthy move. You can expect the price rise of around 50000 before 2018 ends. So, if you're planning for investment now, this is the right time to buy bitcoin I would say rather than waiting for the price to come down still.

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December 28, 2017, 05:41:38 PM
 #127

As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.

Unlikely but true. That being said, it is always best not to put all your money into one coin. Always be safe than sorry.

I agree, we need to invest or put  our money to other coin because if the coin drop down we have another coin to work to continue his in value ( but it's depend for what the token is. ) Anyways, for the bitcoin it won't happen if the price or value droping down to $5,000 again, because if you can see there's posible that will increase his value when this 2018 comes. And for me i think bitcoin decrease up to $14,000 to $13, 000 only, that's my own opinion..
Much better if you have separate fund for buying altcoin for holding in long period of time because that is what i did having bitcoin holding for long period of time and i have altcoin also holding for long period of time.
I do not think bitcoin value will drop down till 5000$ again that was insane dump. Value of bitcoin is ranging 13000$ to 14500$ and expecting that before year end value hits 20000$.
None can predict the reality that's been happening with bitcoin as well other digital currencies. So, can't deny that there is no possibility for $5000. With the ongoing growth and adoption of bitcoin over the world supports the growth to continue and reach the targeted price point




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December 28, 2017, 06:02:23 PM
 #128

$5000 is not impossible but unless drastic crash takes place or people says the bubble will burst, then it might happen. But it doesnt seems it would happen, but recent crash made me believe anything can happen.

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December 28, 2017, 06:19:14 PM
 #129

I guess bitcoin price would be around 17000 to 18000 end of this year and as you stated there's no chance for bitcoin to come down to even 10000. However, the price trend down was due to some corrections happening and this is healthy move. You can expect the price rise of around 50000 before 2018 ends. So, if you're planning for investment now, this is the right time to buy bitcoin I would say rather than waiting for the price to come down still.
you have to base anything when predicting bitcoin price would be 17 k-$ 18 k  at the end of the year when that price is now $13800. I'll wait for it at the end of January 2018. after considering the level fluctuations over the last week I think the recovery is not coming this year


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December 28, 2017, 08:29:48 PM
 #130

I guess bitcoin price would be around 17000 to 18000 end of this year and as you stated there's no chance for bitcoin to come down to even 10000. However, the price trend down was due to some corrections happening and this is healthy move. You can expect the price rise of around 50000 before 2018 ends. So, if you're planning for investment now, this is the right time to buy bitcoin I would say rather than waiting for the price to come down still.
you have to base anything when predicting bitcoin price would be 17 k-$ 18 k  at the end of the year when that price is now $13800. I'll wait for it at the end of January 2018. after considering the level fluctuations over the last week I think the recovery is not coming this year



I doubt that we can get to to $17,000-$18,000 levels at this point, the market has been bearish for quite sometime now that although we have seen semblance of recovery, I doubt that the trend is reversing right now. That's why you will see that it will peaked at $16,000 but in the next few hours the price will go down to $13,000 and just now we are just above $14,000. And Yes, I would have to agree that we will not recover and touch $20,000 which everyone is really hoping for at the end of the year. I'm also looking forward to 2018 Q1 if we are going to surpass $20,000. But as far as $5,000 is concern, I doubt that we can go down that low, The lowest point that I can see is $8,000-$10,000. However, I feel that everyone is waiting in line to buy back bitcoin as a cheapest price so I decline below $10,000 is a perfect opportunity for most of us that I doubt that it will go down to $5,000 without any serious buyers trying to buy bitcoin.

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December 28, 2017, 09:30:42 PM
 #131

But it doesnt seems it would happen, but recent crash made me believe anything can happen.
What you really believe in? It is impossible or it will? I personally don't want it to happen but there is a chance that bitcoin can go $5,000 or even lower. This is how he reacts when everybody is starting to put massive sell orders on most of the exchanges.

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December 28, 2017, 09:39:24 PM
 #132

But it doesnt seems it would happen, but recent crash made me believe anything can happen.
What you really believe in? It is impossible or it will? I personally don't want it to happen but there is a chance that bitcoin can go $5,000 or even lower. This is how he reacts when everybody is starting to put massive sell orders on most of the exchanges.

Remember that bitcoins are driven merely by supply and demand, if there isn't enough demand to sustain the current price of bitcoins then likely it could possibly drop back to $5,000. Though right now, in my opinion, I don't think it is possible anymore. With the recent increase in attention it has gotten and the increase in the number of users, I think demand is already there. The question is, until when will the traders hold out and start buying again.

Futuristically speaking, bitcoins is something that could possibly replace the current fiat. It has demonstrated that value can be created online without the need for a centralized authority. This is just proof that the world is changing and transitioning to a more global and open world where there are no boundaries. If bitcoins gets more traction, likely the price will eventually still shoot up and $5,000 will never be a reality any more.
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December 28, 2017, 09:56:51 PM
 #133

$5000? I dont think that this will happen... just look at the charts and how the market is moving, anyway, we are on a bearish movement at the moment, but the price is still four times more expensive than what it was four months ago. It is enough for me.

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December 28, 2017, 10:33:35 PM
 #134

To think that a $17,000 bitcoin will drop at $5,000 again is madness but that madness can be possible too. We can't really predict the price of bitcoin because sometimes it's drastically rising up and sometimes the bitcoin price crash.
if we remain stable in using a bitcoin payment system, for the price drops to $ 5000. does not seem to be happening. but currently there are many constraints that occur in bitcoin, ranging from network jams to bitcoin failures to have a low fee. maybe this problem will cause bitcoin users to decrease
It is really insane to see prices back at 5k and most of people will make a mindset not to invest again in bitcoin because that price will give a lot of loss to the investor who bought at prices more than 15k so for me 5k is impossible and not acceptable I want to see bitcoin community growing and progressing not to be short of investors and I think investors will not let that happen they will buy as much as they can and bring prices back.


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batang_bitcoin
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December 28, 2017, 10:36:23 PM
 #135

$5000? I dont think that this will happen... just look at the charts and how the market is moving, anyway, we are on a bearish movement at the moment, but the price is still four times more expensive than what it was four months ago. It is enough for me.


I have take a look at the charts now and most of the coins are down including bitcoin. Yes, it's moving and I don't think it too that bitcoin will ever come back to $5,000. People nowadays are asking too much in the market before the are only asking if the price the can go back at $10,000 and that question was answered when bitcoin reached close to that price and that still looks good at $12,000.

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December 29, 2017, 01:01:45 AM
 #136

I really don't think so and I'm still buying. I think $5,000 will be something we tell the next generation about  Cool

TO THE MOON!!
I think bitcoin past $10,000 benchmark forever. so, stop thinking bitcoin will be at $5000 again, that is a joke.
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December 29, 2017, 07:13:19 AM
 #137

But it doesnt seems it would happen, but recent crash made me believe anything can happen.
What you really believe in? It is impossible or it will? I personally don't want it to happen but there is a chance that bitcoin can go $5,000 or even lower. This is how he reacts when everybody is starting to put massive sell orders on most of the exchanges.

Remember that bitcoins are driven merely by supply and demand, if there isn't enough demand to sustain the current price of bitcoins then likely it could possibly drop back to $5,000. Though right now, in my opinion, I don't think it is possible anymore. With the recent increase in attention it has gotten and the increase in the number of users, I think demand is already there. The question is, until when will the traders hold out and start buying again.

Futuristically speaking, bitcoins is something that could possibly replace the current fiat. It has demonstrated that value can be created online without the need for a centralized authority. This is just proof that the world is changing and transitioning to a more global and open world where there are no boundaries. If bitcoins gets more traction, likely the price will eventually still shoot up and $5,000 will never be a reality any more.

We all knew that mere fact about bitcoin running over supply and demand and if there's no more supply and people are starting to keep on selling then there will be that much supply in the circulation that will lead bitcoin to start getting back to it's previous price. But I'll take against with what you've said with the future that bitcoin could possibly replace the current fiat.

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December 29, 2017, 07:18:56 AM
 #138

I believe Bitcoin will go under $5000 again.

If you take a look at Bitcoin's trajectory, we see 3 major bubbles; at 266, 1200, and 20k respectively. The 1st two bubbles were semi engineered by MTGOX. The recent bubble was attributed by Tether$, as well as publicity.

The lack of regulation counterfeits the price movement of Bitcoin. Bitcoin will be kept honest when real regulation arises.

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December 29, 2017, 08:28:27 AM
 #139

I think it has no chance of getting down to $5,000 again right now. It didn't even touch $10,000 on its previous dump. So for me it will be so hard to go down to $5,000 unless there will be no major issue happens on Bitcoin.

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December 29, 2017, 08:59:39 AM
 #140

I don't think its going to drop to 5k but maybe 13k is possible again and again.
nowadays we are in range of 13-18 k usd and this will continue for few months.


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