How low will bitcoin go?

[winterland]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

I voted for 10999-10000 bitcoin already touched those levels and I think it could do it again, but there is a very strong resistance and it is not going to reach prices below 10000 dollars anytime soon at that point it will be the moment to buy as much bitcoin as possible.

[richardsNY]

Anytime bitcoin fails, this kind of threads are occupying the forum. This is interesting, bitcoin is already there as a solid one. Price makes corrections normally, then what is wrong with bitcoin, I can't understand this.

As long as people don't understand this market, and think Bitcoin can become worthless the next day, these things will continue to happen. It just shows how people are straight gambling with their savings, in the hope to ride this market's 'hype' and to gain some growth as well. Funny thing however is that these people chase quick profits, but the only thing they are doing is swallowing quick losses. Their ignorance and incompetence makes them lose out time on time again. It has been like that for years now, and it will continue like this as long as people don't research the market they invest in.

[BitcoinPanther]

Anytime bitcoin fails, this kind of threads are occupying the forum. This is interesting, bitcoin is already there as a solid one. Price makes corrections normally, then what is wrong with bitcoin, I can't understand this.

As long as people don't understand this market, and think Bitcoin can become worthless the next day, these things will continue to happen. It just shows how people are straight gambling with their savings, in the hope to ride this market's 'hype' and to gain some growth as well. Funny thing however is that these people chase quick profits, but the only thing they are doing is swallowing quick losses. Their ignorance and incompetence makes them lose out time on time again. It has been like that for years now, and it will continue like this as long as people don't research the market they invest in.

The good thing is.. there are more and more people understanding the market today.  So this will definitely reassure us of Bitcoin of not being worthless.  Bitcoin might go down due to FUD but those who believes in it and understand it will definitely buy and take profit on this opportunity.  Even with researches, people with weak hands will sell their holdings anytime the crash sign appear.

[blitz18]

It all depends on how the market is going to keep moving for the next few days, months, or just weeks. But there is a lot of fud at the moment, and that is what is really causing this huge dip on the price.
But let's be positive, maybe it will be at $15k, by tomorrow, no one knows.

Anytime bitcoin fails, this kind of threads are occupying the forum. This is interesting, bitcoin is already there as a solid one. Price makes corrections normally, then what is wrong with bitcoin, I can't understand this.

This is the normal trend of bitcoin and you have to understand the market. The market is really volatile sometimes we cant understand it, if priced down I think it will hit to go up. Yes lets be positive for now that bitcoin will soaring high.

[UnknownHolder]

$1,230 or this time it will be different :-) (who knows, we are now Krapeless(without MtGox) -> no more dips 32-2, 256-50, 1260-150)

[kyanscadiel]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

I go for $10,9000 - $10,000 is the lowest value for bitcoin. It will be more impossible for bitcoin to decrease till $5000. Eventhough bitcoin is unpredictable, I think it will remain on that lower range of $10,000 and up for this year.

[jinksters09]

I say it would go as low as 13,000 or 12,000 but after that, it regains its price again but necessarily the extreme just like what happened last year. But it will be on a consistent basis where the price could increase continuously no that I am it would be stable going up but there will be a positive vibes on it.

[unknown04]

$12k max

[Ararbermas]

I think between 12k-13k cause the growth rate still fluctuated on 14k.  Like what happened before December bitcoin valued suddenly fall dip into 13k then after a days the valued increase and reach new record.  I hope it will happen again cause i have doubts this scenario will stay long ithink after this month or else this circumstances will be a permanent if the panic selling will not stop from the market.

[vanish9]

It seems that the price is recovering right now, a lot of people said that it was going to be crashing, just like the OP said, but now it is over $14,100 each one of them, it seems that it really wants to recover and be touching a new all time high soon

[vhiancs]

for me, the price will stay in 13k-14k because we see that the value price of bitcoin increase liittle by little. but i am sure this scenario will take up to next month. i'm hoping that the value price of the bitcoin has increased dramatically like last december.

[Coyoteerex09]

I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins

On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.

South Korea are having issues with cryptocurrency and are planning to ban it. After it was being news, all of cryptocurrencies got lower about 5% of its current value. Although we still dont know yet the lowest value, but right now it is starting to go up a bit.

The South Korea issues was just a FUD. It was clearly to create panic to the investors (created by whales in the market i guess). We see more clearer right now, the decision of the ban was not true.

[khanning]

Not less than 12K. But I m afraid we will have to wait too long when it will get previously riched level 20K (

[Boriss]

I have voted no more than 12k.
All this Korea FUD is just a way for big players to earn some money nothing more.

I don't get this idea about how their decision if goes through can actually bring price down so much.
I agree it can have negative impact if some other EU countries decide to follow.

[EvilKingfisher55]

Voted for 12K and it did happen. Wasn't expecting to be back sooner, as I was expecting to buy more coins at lower price. The Bitcoin I think is back on its track, lets hope it will never back down again.

[timerland]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

I don't think Bitcoin will go much lower than it already has, certainly not below 10K. If it were to hit 10K, everyone would want to buy because the 10 thousand margin is sort of a milestone and a threshold of bitcoin's price. If it was to go that low, it would quickly bounce back up in a matter of minutes.

However, anything could happen, and from here on we can either see the price settle, rise, or drastically fall. Its anyone's game.

Though for sure more and more companies are looking into accepting Bitcoin and using the blockchain on a corporate level, and thats only a win-win situation for bitcoin.

[Drixy]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

Bitcoin wont be lower than $14000 thats just not possible unless no one uses it. Stay tuned for more though it will rise but not a lot thats for sure.

[blckhawk]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

Bitcoin wont be lower than $14000 thats just not possible unless no one uses it. Stay tuned for more though it will rise but not a lot thats for sure.

We have the same thought, I guess bitcoin won't be lower than $14000 because every each time passing by the demand of bitcoin is now high that makes the bitcoin price to grow. This year cryptocommunity will become more dense so expect that that there will be a high number of transaction will happen then bitcoin will now increase again. Therefore, yes bitcoin will decrease but it is not severe because bitcoin will soar high.

[worle1bm]

We cant actually predict or say with full sureity that how down or up will it go as it is too volatile that predictions can always be wrong.Now the market is not favouring all the coins not only cryptos as there is downfall of almost 15% in most of the coins.But soon the prices will rise when everything comes under control so have faith and then it will not go down for long period.

[g-uid]

I think if everything stays as it is then $12k to $10k is pretty much a given after which Bitcoin will start doing its thing and punching down walls again. That said, if the Chinese government does its thing (or if Roger Ver beats them to it) and enough hashing power is suddenly withdrawn from the network then a network stall, regardless of how long it goes for, is going to give the media a field day. I see it going back to prices from early 2017