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Author Topic: BTC under 4K?  (Read 863 times)
traderperspective (OP)
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October 28, 2017, 04:56:37 PM
 #1

Do you think we will see BTC below 4K ever again?
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October 28, 2017, 05:03:14 PM
 #2

in my opinion we should not see it at the moment because it does not have a reason to reach that point,
at least we need something big in order to push the price that deep,
well even though it's more likely will not happen but in cryptocurrency everything is possible.
from the past few days we saw Bitcoin price was stabilize around $5000~$6000 and we did not see altcoin pumping.
which mean we should see another movement created by the whales for Bitcoin,
and soon we will be face another big event for Bitcoin itself in november.
so before that day,i believe Bitcoin price will be stabilize at its peak or lower than before a bit and then another movement.
but $4000 and below more likely will not happen this year or soon
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October 28, 2017, 05:25:29 PM
 #3

Do you think we will see BTC below 4K ever again?
Bitcoin is currently peak in the cryptocurrency. It will raise anyway. But once reach the most high level. It will drop down the value of Bitcoin. But 4000 us dollar is not reach. Some little fluctuations is possible in the Bitcoin. Not guess the below 4000 us dollar. Digital currencies is rule the world is the current trend. How it will reduce the scenario, So we do not confusion about Bitcoin.

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October 28, 2017, 05:50:41 PM
 #4

Possible if there would be some bad news that can produce FUD all over again, we might see bitcoin at a discounted price and people would surely drool over that causing the drop to be rather short lived that most people can't enjoy. A sharp retrace and we're down again by a thousand dollars, but I doubt that there will be a period of reds and stagnance since the overall market sentiment is bullish.

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October 28, 2017, 05:54:37 PM
 #5

Do you think we will see BTC below 4K ever again?

There are many altcoins there in the market place list dude. Why expect that bitcoin should reach down to 4000 USD. There many investors helpng bitcoin to bump this value. If value lose to that much amount everyone has the face the failure. None of the bitcoins users who is really invested and depend only on bitcoin will never expect that to happen.
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October 28, 2017, 05:58:02 PM
 #6

Do you think we will see BTC below 4K ever again?

Honestly? If we survived China stopping all exchanges and ICOs, I see no reason on why bitcoin will be stoppable in the future. Stupid comments from bankers and wall street investors could affect the price but nothing that could kick us back to 4000$.

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October 28, 2017, 06:06:09 PM
 #7

Nothing is impossible if you look at the incremental chart of bitcoin, from the beginning of 2017 to the present, the bitcoin price is rising quite a lot as there is one thing we have to think is that the market will increase will decrease if It has increased by $ 3,000, so it is likely that it will decrease by that number or more, the market will be balanced

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October 28, 2017, 06:24:09 PM
 #8

$4000 is very difficult and I think it will happen soon unless there is an extremely bad news about Bitcoin which is greater than the China FUD like " Japan illegalised the use of Bitcoin and exchanges must close" If this happen then we might definately see some price drop. The best part here is alts would be tanked to the ground if BTC drops heavily.

 
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October 28, 2017, 06:26:18 PM
 #9

I think to get Bitcoin to go down to $4,000 will take a lot of bad publicity about it, if you remember back in the day the mtgox scandal, that critically killed the value of Bitcoin, we hope not to see something like that again.
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October 28, 2017, 07:51:40 PM
 #10

Do you think we will see BTC below 4K ever again?
One cannot accurately predict coins movement because this is an emotional market were things that did not supposed to influence the coins price do drive the price of that assets significantly. We may see bitcoin price below $4,000 and this may happen before end of the year and we may also see bitcoin above $10,000 before end of the year.
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October 28, 2017, 08:10:30 PM
Last edit: October 29, 2017, 01:32:56 PM by Bolt Brownie
 #11

Do you think we will see BTC below 4K ever again?

I think that's highly unlikely to happen. Only if some major problem would ever happen with it, like a bug being found, or if some huge problems with regulation ever happen, or some huge scandal related to bitcoin (like we already had in the past). Bitcoin is getting popular, so although it will continue volatile for a long time, it will hardly have major dips like that, because it's tendency, if things continue to work well, is to continue it's adoption process, that will increase it's price since their supply is limited.
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October 28, 2017, 08:16:32 PM
 #12

Do you think we will see BTC below 4K ever again?

I think that's highly unlikely to happen. Only if some major problem would ever happened with it, like a bug being found, or if some huge problems with regulation ever happen, or some huge scandal related to bitcoin (like we already had in the past). Bitcoin is getting popular, so although it will continue volatile for a long time, it will hardly have major dips like that, because it's tendency, if things continue to work well, is to continue it's adoption process, that will increase it's price since their supply is limited.
No bitcoin is unpredictable anytime price could be crash back to  4k or the price could be increase more.
There is no guaranteed price of bitcoin and  it will never be stable.. anytime  soon the price of bitcoin is changes .. since the another fork coming in november expect that the price can be increase more ..  until end of november 16.
So there is  possibility this november we will see a huge drop of the price..
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October 28, 2017, 08:20:56 PM
 #13

i don't see that there is any reason for btc to drop under 4k although it could be happen if many people is selling their btc to make profit and they want to buy back the bitcoin. but if they want to make more profit then they will hold their bitcoin for a while and only waiting the price is increase higher that they are waiting. but if there is many people panic like what we are seeing yesterday then the price can be down too far. lets we hope that the price is not going too deep if its down.

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October 28, 2017, 08:21:09 PM
 #14

I dont think it is going to happen, if it falls to $4000 again then it would mean that bitcoin dropped by more than 30% in a few days, and that kind of dump only happened on July when bitcoin firts hard fork was announced, because a lot of people were panic selling their bitcoins.
I dont think that it is going to happen, bitcoin will go up again in a few days because a new fork is going to happen, so it means that the price will rise a lot.

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October 28, 2017, 08:39:11 PM
 #15

It's nothing special if the market happens to dive below sub $4000 levels again. People shouldn't forget that if the market can shoot up a lot quickly, it can fall down a lot quickly as well. It's not that difficult to understand, right?

It doesn't mean that we will fall back to these levels again any time soon, but we shouldn't discard these levels so easily like some people here do ~ this market has proven to do exactly that what people don't expect.

I have seen massive pumps and dumps happen, and for that reason never discard the possibility of seeing the market fall back to far lower levels again. We've been far too spoiled with how the price has gone up lately it seems.

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October 28, 2017, 08:57:36 PM
 #16

Do you think we will see BTC below 4K ever again?
Bitcoin will never come down once again but one thing is possible it will hit 10,000 USD soon because it will reach to the sky in the end of year as market promised that bitcoin might take over 15K USD which is 100% confirmed by bitcoin.


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October 28, 2017, 09:06:16 PM
 #17

4k dollars is possible to happen that the price of bitcoin decrease but I hope it will not happen. But if that happen we have no choice is to buy more bitcoin with cheap price . But I hope the price of bitcoin will contunue to increase so we can make more profit . But 4k dollars is possible to happen alsp because of the fork in november because the investor panic selling their coin . Pump bitcoin no to dump!.
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October 28, 2017, 09:06:50 PM
 #18

I think to get Bitcoin to go down to $4,000 will take a lot of bad publicity about it, if you remember back in the day the mtgox scandal, that critically killed the value of Bitcoin, we hope not to see something like that again.
What is the worst publicity bitcoin can get to see a crash,it has being linked to criminal activities and FUD news now and then from some of the bankers and still it did not make any long term implication ,the only crash i saw when the price climbed rapidly in 2013 and then people started dumping the coins after reaching thousand dollars and there were not many people then like we have now,lets see how we survive the up coming fork and if we over come that ,then there is no way we could see a big crash.  
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October 28, 2017, 10:28:38 PM
 #19

The only way to see it happening would be if a lot of groups and organizations from a lot of countries decide to make a complot in order to make bitcoin go down, and it can only be possible if a lot of banks join that complot in order to make bitcoin dissapear through several fuds.
The same would apply if some governments decide to do the same, just remember and think about that bitcoin is the opposite to banks, it will give you the right answer to it.


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October 28, 2017, 11:05:00 PM
 #20

Hahah obviously that it is possible, but it is not going to happen now that everybody is investing and buying everytime more bitcoins. Everybody is happy because they all like to see their portfolio going up, and if there is a crash or a giant dump for more than 30% (go down to $4000 again) then a lot of people would panic and they will sell their coins, and this will make it go down by much more money.
It is risky, but it can happen if a big whale decides to sell their coins right now, which i dont think it is going to happen soon.


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