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Author Topic: Can Bitcoin come down to $1500 again?  (Read 958 times)
timcheerful1 (OP)
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December 09, 2017, 07:56:25 AM
 #1

Can Bitcoin come down to $1500 again?
GhostWithin
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December 09, 2017, 07:59:30 AM
 #2

Can Bitcoin come down to $1500 again?

There is a mistake in your post. You've missed "0".

"Can Bitcoin come down to $15000 again?"
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December 09, 2017, 07:59:58 AM
 #3

yeah, only if bitcoin becomes useless and dies it can go down to $1500 and then continue falling down to nothing and disappear. but that is not something that is going to happen anytime soon.

the question is, why would you want to know? lets say it fell to $1500 in the next hour. you still are going to continue as before and wouldn't do anything about it Cheesy

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December 09, 2017, 08:02:28 AM
 #4

If bitcoin was to fall that low now I would be as it is at the end of its life. Many have jumped onto bitcoin as it was shooting up in price and it would seriously damage the confidence that people have in it.

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December 09, 2017, 08:10:30 AM
Last edit: December 09, 2017, 08:28:00 AM by markleal
 #5

Can Bitcoin come down to $1500 again?

Hi there timcheerful1! Based on different analysis bitcoin current support level is at %15,000 which answer your question, yes. However, the next question is when will it happen or will it ever happen, as I check the current Relative Strength Index it is going bearish and a pennant is formed with the bitcoin price. On the other hand, the current moving average is pointing a little bit upward. But a piece of advice, If you are willing to buy bitcoin, just check the price regularly because something will change within the next day.  Wink
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December 09, 2017, 08:14:08 AM
 #6

Can Bitcoin come down to $1500 again?

why not if everyone sell bitcoin but it's imposible,  because everyone wants to buy bitcoin for profit, many of these enthusiasts are pushing prices up, and it's hard for bitcoin to go down to $ 1500
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December 09, 2017, 08:20:11 AM
 #7

you are sure, up to 1500 or 15000, in the first case this is not realistic, in the second one it can be temporary.
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December 09, 2017, 08:21:46 AM
 #8

it seems to me after the new year bitcoin will ask and then start a stable growth.
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December 09, 2017, 08:28:42 AM
 #9

1500 can be if bitcoin crashed or finded in their network serious security problem.
Allways avialable points, below which the price does not drop, no any news cant drop lower this limit
I am not big trader but i seen video where this explained

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December 09, 2017, 08:32:29 AM
 #10

Can Bitcoin come down to $1500 again?
Yeah there might be a possibility or a chance because everything that comes up will also be expected to come down but I think if ever it will come down I am sure there are some major factors that affects the said crash most especially if Bitcoin's price will go down into like $1500. Despite the fact that ups and downs are common to cryptocurrencies, I think it will take too long for that to happen but whether it is happening or not we should be ready because it can happen anytime. What's interesting about this is that Bitcoin's community is too strong that it can easily bounce back right after a plummet.

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December 09, 2017, 08:38:35 AM
 #11

Can Bitcoin come down to $1500 again?
I think  bitcoin price down to $1500  again its impossible because bitcoin demand  increasing everyday supply limited so price increase must
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boyshx
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December 09, 2017, 03:25:20 PM
 #12

I dont think so, bitcoin will never come down to $1500.Bitcoin is in its upward trend; new targets are coming every day, $20000 by end of December and $100000 in next five years. Bitcoin`s rising popularity is bringing some bad news about bitcoins. Bitcoin can come to $1500 if some unexpected things happen like all the countries ban bitcoins for various reasons. Or peoples mood changes from bitcoin to some new currency or new tool of investment. But things like these are difficult to happen.
DaMut
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December 09, 2017, 04:04:27 PM
 #13

based on our current movement i do not think we will see it around that point again,
right now we're expecting a huge correction or a huge downrun movement but at best it will only around its average price.
what i mean is,at best bitcoin will down to around $5000++.
why at best it should be around that point ? because of the expenses that the miners need to pay whenever they're mining it.
also we must consider about the difficulty that keep increase from time to time.
if we're going down to that level,do you think the miners will keep mining it ?
of course not,and we need miners to solve the blocks.
in conclusion it's very very unlikely to see it goes down to that level because of that factors.
but bear it in your mind that everything is possible in cryptocurrency.
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December 09, 2017, 04:24:09 PM
 #14

It is possible since there are no solid reason why the price overshoot this much in the past year. Even if it crashes, that wouldn't be too deep since there are many other people trying to get their fortunes off of bitcoin as well. Unlike 2013, this 'bubble' has too many participants on it, and the trading action isn't just orchestrated by a few whales and a bot from a single exchange; this is a worldwide market now and not just confined on just a single operating exchange. It will take millions of coins to bring the price down to $1500 but it is still possible in the world of crypto.

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December 09, 2017, 05:09:40 PM
 #15

Many people here won't agree to this. But that can most likely be an outcome if bitcoin bubble pops up. Many people get ready for debate when the topic of "bubble" surfaces. But agree it or not, any investment asset(which bitcoin is most likely now) when grow without any intrinsic value, then that is a bubble. I read somewhere that if we add all the electricity and hardware cost that go behind bitcoin then it mcap should be roughly $2.1 B. Bitcoin price is only increasing because of limited supply and that alone can't sustain it's value. So, I expect a huge crash but not in near future. It will take time to burst.
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December 09, 2017, 05:17:48 PM
 #16

If most people believe it can't then it probably will. That's why it's useful to read forums to get the grasp of market sentiment.
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December 09, 2017, 05:21:41 PM
 #17

Can Bitcoin come down to $1500 again?

I don't think so, is kinda impossible by its value right now we shouldn't expect the BTC price to come as down as 1500$, well
unless a massive selling come over by many holders I don't see  it happening any time soon.
Probably we should expect the price to fall down to 10K again.

What should I invest in? PM me with your thoughts! Thanks
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December 09, 2017, 05:29:36 PM
 #18

Can Bitcoin come down to $1500 again?
Nothing is impossible. Bitcoin is extremely volatile and by some really negative new it might go as low as 1500$ again.
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December 09, 2017, 06:05:59 PM
 #19

Anything can happen, everybody does not believe the bitcoin price this year could reach $ 17k, but it never happened a few days ago, if someday bitcoin drop to $ 1500 then we should be prepared to prepare other things.

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December 09, 2017, 06:16:19 PM
 #20

Can Bitcoin come down to $1500 again?
really hard to happen. it just happens unless Bitcoin met a major incident such as Bitcoin banned in many countries. the price hikes are the things I don't like, rising fast but unstable. and now the price is being adjusted to it's orbit


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