Bitcoin To Drop As Low As $1000 This Year

[jagu359]

Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?

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[Carmen01]

You can predict like it can happen or not that drop but still no assurance in that and if it's true start now to do hardwork so in the future you already have big money,i think also you need to plan if that happen so think some business now to earn after it happen and another thing always try anything here to earn so even it happen or not you already can have savings and for others business.

[manecas]

It can go down or up, cryptos are volatile and react fast to news, good or bad. I dont think such an uge drop will happen, there are lots of new people coming into crypto and Bitcoin (Ethereum and Litecoin) are the "front door", at least for now is very difficult to buy another coin with FIAT.

[tsaroz]

Every one has the right to make an opinion and wall street is historically one of the most unpredictable financial instrument for years.
Though they traded shares of real companies whose returns are much more predictable, they mostly go through bubble and correction times where rich investors gets profit on the expense of small ones. And rhetoric has been one of the major weapon.
https://www.marketwatch.com/story/fraud-or-the-future-how-bitcoin-is-being-described-by-billionaires-and-wall-street-ceos-2017-10-05

[Pulsar1x]

Wall street predicts  
Why they didn't predict a rise to 100k.
You have better news to read than that

[vakeswork]

This fortune telling on the coffee grounds, as it is simply impossible to guess how much it will cost
The market is a market, and then it's simply impossible to guess, you just need to diversify

[cryptohunter]

thanks for that ... always need a good laugh when you come on here to listen to the dumb shit people spout.

what reason did they give for such a catastrophic dump

btc awareness is just to great for that to happen now unless there was a global ban or btc has a serious security hiccup

[sparg]

Those are people who are proffenionists in stock markets and they think that this make them knowers about cryptos. Dont ever take advices from this kind of people because they did not understand the basic thing about crypto: they are nothing like stock exchanges were they can manypulate the market with all they`re shady things. Also they spread all this FUD because crypo made it possible for people to trade for themself, this way eliminating the need for a broker so they are afraid that they will loose they`re jobs.

[Bitcoinlady86]

Only time will tell. here are many reasons that the bitcoin could fall, (only think about Japan,China and North Korea)
Bitcoin won't go to zero, but I do believe some cryptocurrencies will fail.

[jakaKak]

Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?

It can go ether way and there will be always someone to say i told you so. I doubt it will go that low even if the bubble would burst.

[Zebra.Guy]

Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?

In 2015, when bitcoin reached 1000$, it subsequently dropped to 200-300. Where is it now? 11,500? So I can see no reason it wouldn't drop to 2-3k mark.

So even if you look at the previous bitcoin price wave it is absolutely possible.

[CryptoTrip]

Now only the dissemination of information about the blockchain technologies. People only began to learn how to work with this. Still very much the most part of young population only heard, but about application at all don't. The spread of information and popularity will grow both the rate and capitalization.

[husdemba]

I think it will never be right. There are bad news for Bitcoin but it will be back again.
I think Bitcoin will be $ 20,000 a month later.

[Blogosphere]

$1,000 is too low a drop.. If it happens, Bitcoin may never gain the same trust and support it had.. Also, this could only happen if another coin surpasses it in terms of overall value and demand.

[bubbagump]

It's looking more and more likely that there will be another major crash soon, but I highly doubt that it will go all the way down to $1000.  There's just too much exposure and too many people involved in this space now for it to drop that far.

[krhnrhn]

If you think to sell yout btc below 1k please pm me:)

[altcoinhunter01]

Anyone can imagine anything but your imagination will never happen as per my opinion .It can drop a bit but never goes to 1000$ in this year.

[Mometaskers]

Link the article here so we can read it.

This seem to be on the other end of the spectrum. On one end you have the doomsday prophets forseeing the collapse, total collapse of not just bitcoins but the entire cryptocurrency market. Then on the other end you have those that are too optimistic to the point of shilling.

Every one has the right to make an opinion and wall street is historically one of the most unpredictable financial instrument for years.
Though they traded shares of real companies whose returns are much more predictable, they mostly go through bubble and correction times where rich investors gets profit on the expense of small ones. And rhetoric has been one of the major weapon.
https://www.marketwatch.com/story/fraud-or-the-future-how-bitcoin-is-being-described-by-billionaires-and-wall-street-ceos-2017-10-05

Smoke and mirrors, indeed. We only find out they've invested and made profit out of something once that investment has already collapsed. I find in amusingly similar to actors you find out where a thing years after they broke up. 

[ashrath]

Future is not always certain based on the market it changes it may increase or decrease but not to the value you said

[xenomorphe1]

Everything is possible in crypto. We will see this year if he is right or no.