Seansky
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October 28, 2017, 11:43:02 PM Last edit: October 29, 2017, 12:11:21 AM by Seansky |
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Do you think we will see BTC below 4K ever again?
Bitcoin can still go below 4000$ if an event that is mt. Gox like happens in the next few months. Even if the current circumstances are different, there is still a probability of it happening after all we don't know what might happen in the future and I am taking into account the unpredictability of bitcoin itself. I am also taking into account the possibility of it being manipulated by a single entity behind the curtains. Therefore the possibility of it dropping below 4000$ still exist.
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Sony.UK
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October 29, 2017, 03:54:27 AM |
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Do you think we will see BTC below 4K ever again?
Its unpredictable as you know. The ratio confirms it won't go back drastically to $4k. There may be dips to $5.5k during the hard fork coming up due to BTG launch. I hope it will again raise huge and may reach $7.5k at the mid of 2018.
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eann014
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October 29, 2017, 03:59:11 AM |
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Do you think we will see BTC below 4K ever again?
Its unpredictable as you know. The ratio confirms it won't go back drastically to $4k. There may be dips to $5.5k during the hard fork coming up due to BTG launch. I hope it will again raise huge and may reach $7.5k at the mid of 2018. I agree, I hope that after the hard fork bitcoin will pump until $7.5k or maybe until $8k. It is not impossible to happen since a lot of users now are aiming to gain more bitcoin now. For sure if the bitcoin price gets low during the hard fork, a lot of investors will buy and take advantage the low price of bitcoin.
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Granxis
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October 29, 2017, 08:13:41 AM |
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Do you think we will see BTC below 4K ever again?
Its unpredictable as you know. The ratio confirms it won't go back drastically to $4k. There may be dips to $5.5k during the hard fork coming up due to BTG launch. I hope it will again raise huge and may reach $7.5k at the mid of 2018. It is possible that it is $ 4000 because Bitcoin is preparing for a new division, Bitcoin prices will drop considerably as a result of the divisions.
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Reatim
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October 29, 2017, 08:32:57 AM |
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Do you think we will see BTC below 4K ever again?
I really doubt that we can see bitcoin again below $4K because investors are very wise now. They will really buy bitcoin at every significant price dip so highly doubt that they will allow the price of bitcoin that low. Every dip is a perfect opporunity and good buying point, so for them even a drop of $100 is very big and a good chance to enter the market. So sorry, but your speculation would not happened now. On the contrary, bitcoin can go even higher at the end of the year.
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btcbonanza
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October 29, 2017, 08:50:48 AM |
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Do you think we will see BTC below 4K ever again?
Its unpredictable as you know. The ratio confirms it won't go back drastically to $4k. There may be dips to $5.5k during the hard fork coming up due to BTG launch. I hope it will again raise huge and may reach $7.5k at the mid of 2018. I think it won't drop down to 4000$ again, since the price now over 5500$, which is far away from it. The price will not dip below 5000$ after the upcoming hard fork but that too will be short-termed. However, it will keep on increasing after that and may reach 7000$ before the year's end.
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michellee
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October 29, 2017, 10:11:56 AM |
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i think it is hard to see bitcoin price is under $4k because we are now reach $5xxx and even if there is any dump of the price, it is difficult to see under $4k although the possibility is always in there. I think many people don't want to see the price is under $4k and people will trying to hold the price in one level of the range. but I think there is any people that waiting the price is getting dump hard so they can buy bitcoin at lower price and then they can sell at high price.
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jjacob
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October 29, 2017, 10:36:02 AM |
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One possibility is if a major country like the US or Japan introduces cumbersome regulations for Bitcoin. A lot of the price gain has been due to optimism about Bitcoin's future prospects. If that takes a hit, Bitcoin might come down.
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Lieldoryn
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October 29, 2017, 10:45:42 AM |
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One possibility is if a major country like the US or Japan introduces cumbersome regulations for Bitcoin. A lot of the price gain has been due to optimism about Bitcoin's future prospects. If that takes a hit, Bitcoin might come down.
If such measures are adopted it seems to me that miners, users and developers will have to agree on how to create favorable conditions for the use of bitcoins directly in trade. This will give impetus to the development of bitcoin and will again raise the price up. The government will not be able to control trade because online stores can be worldwide and they will not apply the laws of the countries banning bitcoin.
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South Park
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October 29, 2017, 08:47:37 PM |
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Do you think we will see BTC below 4K ever again?
It could happen but it will need some massive FUD to reach that price, since China news are some of the favorite ways to reduce the price, then if some bad news came from China then I could see the price dropping that low but the effects are going to be temporary as we have seen in the recent past.
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soul-impact
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October 29, 2017, 09:08:49 PM |
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Do you think we will see BTC below 4K ever again?
The fact is that it will never happen again when the bitcoin grows too stable and strong. It does not stop going up, its value never goes down below 5k. I'm sure.
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shursight
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October 29, 2017, 09:21:32 PM |
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The price is already on the $6200 zone, it touched $6300 today and it hitted it's all time high, i 100% sure that it would never touch $4000 again unless that there is a giant crash in the whole crypto market. We are safe on $6000 now, it is just matter of weeks until the next fork is released and everybody will start to buy bitcoins again like crazy only to receive those free tokens. I am not scared of the price, only about the rumors about bitcoin.
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Hazir
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October 29, 2017, 09:22:01 PM |
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Do you think we will see BTC below 4K ever again?
Why are you curious about that? Have you missed the opportunity to buy BTC before the fork and secretly you are counting on a better deal now? I can assure you that there is no one in this world who will tell you for sure what future bitcoin's price will shape. We can only base our opinion on previous events, market predictions to basically extrapolate about future bitcoin's price.
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949miner
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October 29, 2017, 09:34:46 PM |
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Well it looks like if it is only going to go up for the next days, a lot of people were saying and speculating abot the price from the last few days. I think that this is just a pump in the market, nothing more, it already touched 6300 dollars a few days ago, but obviously that it is incredible. I thought that it was only going to reach more than 6000 again once that the fork was done, but i am wrong.. anyway, lets just keep hoping to see bitcoin over 7000 before this year ends.
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Freegan
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October 29, 2017, 09:44:47 PM |
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That possibility will always be latent due to the great volatility we have seen in bitcoin's behavior over the years. In fact this year we have seen corrections as important as 40% in a few days, which translated to the current scenario of $6,000, would mean a potential fall to the line of $ 3,600.
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GreatOrchid
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October 29, 2017, 09:53:35 PM |
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we dont know anything yet, but if you look at today's charts, you are going to notice that the price has increased almost a ten percent since the day started, that is a huge increase only for a day. but yes, the price is increasing so fast, it really needs a correction before it starts to crash because of some bad news. But i am happy with this price, i mean, we all want to see bitcoin going up.. and this is why i think that 4k again is not possible.
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South Park
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November 01, 2017, 11:12:49 PM |
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Do you think we will see BTC below 4K ever again?
Bitcoin can still go below 4000$ if an event that is mt. Gox like happens in the next few months. Even if the current circumstances are different, there is still a probability of it happening after all we don't know what might happen in the future and I am taking into account the unpredictability of bitcoin itself. I am also taking into account the possibility of it being manipulated by a single entity behind the curtains. Therefore the possibility of it dropping below 4000$ still exist. But that is the issue, there is never going to be an event like that again since there is not an exchange that is ever going to be as dominant as Mt Gox was in the past, if bitcoin crashes that much then it is going to be for another failure in bitcoin and not from an exchange crashing.
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Gaaara
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November 01, 2017, 11:26:36 PM |
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Do you think we will see BTC below 4K ever again?
I don't think there is a chance of that happening this year, bitcoin has been consistent this year and still going up no matter what problem or circumstances comes. Any number is a possibility when talking about bitcoin, it can go over a $10k without even realizing it so any value will do, even if its high or low there is a chance for it.
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nydiacaskey01
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November 01, 2017, 11:34:43 PM |
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There must be an earth shattering news that will bring the price of Bitcoin down to $4,000. It maybe another exchange site being hacked or maybe one of the biggest market in the world announcing that they will stop using Bitcoins just like what happened when China announced that they will ban Bitcoins, exchanges and ICOs.
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tabas
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November 01, 2017, 11:36:12 PM |
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It's going to be a long time or it's never to see bitcoin under $4,000 again. We did struggle on passing $3,000 - $4,000 before and you want to see it again back there? Nah, the price is good at $6,000+ now and it's very possible that we've got new floor.
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