Can bitcoin drop to $3000?

[speem28]

Can bitcoin drop to $3000?

A lot of us are wishing that bitcoin's price could drop that low so we can go all in again in investing our money but that would seems impossible seeing the price of bitcoin to spike again at $11k and to drop at $3k will make it decrease for about 75% in price. There had been few accounts where bitcoin's price could drop at that low but it never did and surprisingly, its price rise again immediately.

[God Fist]

I don't think that bitcoin will ever drop again to that low value even if a similar incident to ICOs ban in china happens.
Too many people , investors and companies have adopted bitcoin as a payment method ( even very known ones such as MICROSOFT ) , and it'll be very hard to dump it's value to such low price .

[bit1]

Can bitcoin drop to $3000?

It could happen if we are affected by the false issues that say bitcoin prices will go down and we sell panickedly without thinking about the impact that will occur, it is actually the decisive rise in the price of bitcoin is our own behavior as market participants. So it could happen if we are affected by the issue.

we have seen in the severe past and i think no one can deny that this is quite possible as it had done in the past and it can be done in the future as well but seeing the market scenario and growing popularity of BTC, I don't think now it can drop that much in near future like to 3000$. I take $6000 as a strong base for BTC. Seeing the bullish nature it can easily cross $15000 by the end of this year if any huge dump will not happens.

Of a lot of recent activity as well as growing popularity of BTC is very likely that the new floor will settle in $10K
at least,so if the price were to fall below that,this one would not stay like that for a long time ,so as time goes by the possibility of it being put back in that low amount that is being talked about->$3K is becoming more and more remote  as the price goes up, this possibility will be less.

[Gotottack]

Based on data, I do not think so. It is because the new mainstream value is now pegged at $10,000. Hence, be aware that every time Bitcoin's value is increasing two steps forward, its decline will only be a conservative one step backward. It is very sensible to relate this growth steadily no matter how volatile its market is. This is the trend; and this is based on actual data. If you study it carefully, you will see a familiar trend that is increasing value. 

[tabas]

Can bitcoin drop to $3000?

Forget about $3,000 we are even 4x more than that price. And if ever the price of bitcoin will drop again that will not be on $3,000, we've got a new floor price and I guess it's stable now at $9,000 - $10,000 so if someone is expecting that to be down at $3,000 I don't think so it will happen.

[el kaka22]

Can bitcoin drop to $3000?

It might not be possible again as many speculators are saying bitcoin is going to go above  $20,000 before it cannot get major clash. Bitcoin falling to $3,000 will mean end of the whole blockchain technology as many holders are going to drop it to the ground including others coins. Were bitcoin are today is still at the foundation level and when it began to build it will be 1btc to $100,000

It's just a speculation, nobody knows what will happen next into bitcoin this coming year 2018.  But if the segwit2x will be happen  again I think  there will be still a hard fork of bitcoin to be happened that will  fall into $3,000, but it will not take too long to regain its price after a week I guess, because when bitcoin price drops, a lot of people will grab the opportunity to buy bitcoin. So there will be more demand and will resulted to increasing of its price again.

Sure, nobody knows and we can just speculate, but mate, there are somethings that do not sound reasonable. For example, hitting $40,000 before the end of this year is not reasonable and so is getting as low as $3000. We really do not know anything that can happen at any time, but we cannot compare the uncertainty in bitcoin right now to previous years. With upcoming news, bitcoin is gaining more ground daily.

[kateryana81]

Bitcoin going to $3000 is less likely to happen. Your chance to buy at your target price seems impossible. Just wait for the next drop but don't expect you can buy at $3000.

I doubt it that bitcoin will be less than $5,000 or will be getting again on that $3,000 price. It has gone so far and though it's possible that it can be back there but if we will connect what's with bitcoin now, I really doubt and will never believe it will go back.

Possibility of it getting back to that extent is even not there as far as I am concerned unless we do not want to be realistic. Let us go back to all the incidents that have happened this year; the forks, the China stuffs and the whole panic.

Even at that we did not experience a huge drop and now that bitcoin is getting stronger and investors are seeing it as something that is here to stay, looking forward to $3000 is going to be more like dreaming of something that can never happen.

We want to be realistic and there is a chance though it's very low now. Think of the price now of bitcoin, it is just ranging from $10,000 - $11,000 and moving back and forth on those prices. I know that it's hard for bitcoin to be pulled down to that dip but I'm relaxing my mind that everything is still possible.

Yeah everything is possible but his wish cannot meet its destination because price of bitcoin is come so high and the investors no is so high that if price only drops to 6k there are huge no of people who are out there to welcome bitcoin and will surely buy as much as they can so 3k price is now in past it will never come back if any of major wars get started then there will be a minute chance to go so down otherwise not.

[d1ceplayer]

Can bitcoin drop to $3000?

A lot of us are wishing that bitcoin's price could drop that low so we can go all in again in investing our money but that would seems impossible seeing the price of bitcoin to spike again at $11k and to drop at $3k will make it decrease for about 75% in price. There had been few accounts where bitcoin's price could drop at that low but it never did and surprisingly, its price rise again immediately.

Not a lot mate only those who didn’t believed at bitcoin when it was at 3k and now they are saying that they wish to see bitcoin down a lot of people are here who are investing in bitcoin and they are now waiting for their profit to come and I wish that piece will never go down to create any panicking situation, for me the flow is right and I want it to continue like that because I don’t want to see market crashing.

[coinplus]

From my opinion that the price of bitcoin can not drop to $3000 in the future because the popularity of bitcoin is spread in all over the country and so many people depend on the bitcoin and most of the people invest the money in bitcointalk. Now a days the price of bitcoin is approx $10000 if the price of bitcoin is not increase in the future so also the price of bitcoin is not go down in the future it remain at the same price at approx $10000 .    

We have not even seen anything crazy yet. The popularity is wide but not as wide as some of us even think or what is really going to happen in coming years.
There is still room for a high level of huge adoption and every time when most people think FOMOs are stepping in they will realize they are even still as fresh into the show as anything. $3000 is something that I personally do not think can happen.

[lifengpu]

The bitcoin will certainly fall in price but I do not think that is so low, the maximum I think is up to how much it can drop to 10,000-11,000 approximately so

[TERA2]

Based on the amount of time that this rally is dragging on and the corresponding movement of the 1W EMA Im thinking of change my 3K call to a 5K call but 3K is still very possible and a drop to only 5K would be an unprecedented thing. Whatever happens with the CME futures will probably make the determination.

[ice18]

$3k is a very far to drop at this level for now its currently $15k and even after some price correction may occur it will not go dip at 3k it will likely occur at 10k to 12k. 

[boyptc]

Bitcoin going to $3000 is less likely to happen. Your chance to buy at your target price seems impossible. Just wait for the next drop but don't expect you can buy at $3000.

I doubt it that bitcoin will be less than $5,000 or will be getting again on that $3,000 price. It has gone so far and though it's possible that it can be back there but if we will connect what's with bitcoin now, I really doubt and will never believe it will go back.

Possibility of it getting back to that extent is even not there as far as I am concerned unless we do not want to be realistic. Let us go back to all the incidents that have happened this year; the forks, the China stuffs and the whole panic.

Even at that we did not experience a huge drop and now that bitcoin is getting stronger and investors are seeing it as something that is here to stay, looking forward to $3000 is going to be more like dreaming of something that can never happen.

We want to be realistic and there is a chance though it's very low now. Think of the price now of bitcoin, it is just ranging from $10,000 - $11,000 and moving back and forth on those prices. I know that it's hard for bitcoin to be pulled down to that dip but I'm relaxing my mind that everything is still possible.

Yeah everything is possible but his wish cannot meet its destination because price of bitcoin is come so high and the investors no is so high that if price only drops to 6k there are huge no of people who are out there to welcome bitcoin and will surely buy as much as they can so 3k price is now in past it will never come back if any of major wars get started then there will be a minute chance to go so down otherwise not.

We now landed $14,000 and for sure in some other exchanges it's already $15,000 so thinking that it can go lower at $3,000 is quite a myth now. But if he still insist and pursuing his goal of seeing the price of bitcoin at $3,000 he needs to pursue people that has tons of bitcoin selling it at the same time.

[meebs]

$3k is a very far to drop at this level for now its currently $15k and even after some price correction may occur it will not go dip at 3k it will likely occur at 10k to 12k. 

Yeah $3k is history now and we will never see that low price of bitcoin in future and even if there is crash in the price I don't think it can go below $10k and if OP is waiting to buy at $3k price then he is surely wasting his time as bitcoin will never fall that low now.

[supandi wiharja]

Look at the current situation i don't see bitcoin prices down to $ 3000, instead i see in early 2018 bitcoin prices will be higher could reach $ 20,000 per coin.
If you look at all the crypto, it does have the same properties, fast up and down, but when i see very high bitcoin price moves make me think it is very unlikely the bitcoin price will go down.

[carefumles]

Can bitcoin drop to $3000?

we now hope to back to 10,000$ / 3000$ is only dream.

crash price is only dream price only growth fast

[betMaster]

Bitcoin's value is at risk of drop at any given time and due to a lot of things that could happen . For instance we can remember 3 months ago when china banned ICOs and altcoin trading  , we witnessed the hugest drop of bitcoin's value from many years ago (from when it dropped from 1k dollars to 260 ) .
Lately the scheduled Segwit2x and the bitcoin cash crazy days of trading made bitcoin's core value drop too . So even if it's decentralized and only it's holders have the privilege and the power to control it's true value , so much things can happen to make it drop to even lower than 3k dollars . But history show that he had faced all kinds of segwits , hard forks and trading bans , but  managed to stood still as the OG of all cryptocurrencies and to climb back to a higher value making peak after another .

[xPPx]

If everyone just HODLd and exchanged all alts for BTC, we wouldn't have any of these problems. And why are people complaining about transaction fees? People actually SPEND their BTC?!? It's a store of wealth. If you do a transaction, do a HUGE one. Good luck...

[laguseklik]

If everyone just HODLd and exchanged all alts for BTC, we wouldn't have any of these problems. And why are people complaining about transaction fees? People actually SPEND their BTC?!? It's a store of wealth. If you do a transaction, do a HUGE one. Good luck...

Yes. If we only use for trading then a large transaction fee is not the case. But maybe people start trading with lots of real currency where they easily calculate profits because real money value is not too volatile. This can result in the price of the bitcoin decreasing.

[donmiguello]

Can bitcoin drop to $3000?

I dont think bitcoin will be back again under $10.000 , after december 31, it should hit $20.000 again