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Author Topic: Bitcoin To Drop As Low As $1000 This Year  (Read 26217 times)
BtcBling
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January 22, 2018, 09:55:15 PM
 #61

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 is only a prediction and it is only their opinion. They do not have tools to rely on. If they are good at prediction then why they did not predict that Bitcoin's value will go up as high as $19,000.00. The Bitcoin value is volatile, it can go up or down faster than you ever imagine.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Natetan1004
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January 22, 2018, 10:03:03 PM
 #62

The peak price of bitcoin was reach last December 17 with the Price of $19,900+ and since then the decline was seen. If the trend will continue the $3000 to $1ooo mark is possible. My advise is to be cautious and hold first the the money until the trend reverse from downtrend to uptrend.
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January 22, 2018, 10:21:22 PM
 #63

On what basis will bitcoins drop to 1000$. Do you thin this is even possible. They are causing holders to fear and sell it cheap then they later sell it higher to public. Keep it still without any fear. It will continue it upward journey soon.

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January 22, 2018, 10:22:53 PM
 #64

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 ?


Does this man have any experience in crypto? Obviously he's CIO for a reason, but if he's looking at charts directly without an understanding of the technology, then what he says is bullshit. BTC is not a regular market and its relatively new.

Also, where's the source of this quote?

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January 22, 2018, 10:23:42 PM
 #65

That is just a prediction, and anyone can make a prediction as well. I think it's very unlikely, maybe the worst is at $6k / bitcoin.  Personally, I think they are just spreading F.U.D so people will sell off their bitcoin. And while it's dropping, those wallstreet guys would buy it again. It's not the first time though.

But still, everything is possible in the crypto market. So, dropping to $1k might be happening as well. We just don't know it.
GayOfThrones
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January 22, 2018, 10:58:44 PM
 #66

There is absolutely no way to predict something like that. It's a possibility - this is all what you can say. As for the rest, it is just like playing dice. What's true is that drops of Bitcoin's price of this magnitude have already happened during Bitcoin's life, even though newcomers may ignore that. So it could well happen again. Or not.

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January 22, 2018, 11:00:35 PM
 #67

There is absolutely no way to predict something like that. It's a possibility - this is all what you can say. As for the rest, it is just like playing dice. What's true is that drops of Bitcoin's price of this magnitude have already happened during Bitcoin's life, even though newcomers may ignore that. So it could well happen again. Or not.

I don't think such a drop has actually happened, I could be wrong, the biggest drops have been about a 90% fall. To $1000 or below would be a near 95% fall, doesn't seem like much difference but it is a 100% difference if you're looking at it from 1k to 2k.
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January 22, 2018, 11:23:16 PM
 #68

Everything in crypto is possible. the market is extremely volatile and it reacts very quickly to news. I believe in the future of it, so regardless of price, im hodling away
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January 22, 2018, 11:24:49 PM
 #69

Just a prediction man., anything can happen in the crypto world.
kier010
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January 22, 2018, 11:33:17 PM
 #70

prediction can be real or not depending on the outcome. if it is real he will celebrate because he predict it right but if it wrong he would say it is normal cause it is a prediction. anything could happen in bitcoin anytime so everyone have its own opinion, prediction, speculation. but some/most of the time those that have power, popular or rich are believe to be saying true by their followers/fans.
we just have to believe in bitcoin  Smiley
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January 22, 2018, 11:34:16 PM
 #71

This is very hard to know. However, it's always smart to check market trends, ICO reviews & ratings before investing.

www.cryptorated.com

Is a good start.

Check the ICO Review pipeline for the top most popular ICOs

https://cryptorated.com/ico-request-pipeline/

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January 22, 2018, 11:45:12 PM
 #72

Speculations are pretty much welcomed in Crypto, everyone tries to amke a prediction. Even though that Bitcoin is going through a down trend since this month, doesn't mean that we are going to see it go low as low as $1000. To me, the least it can go is staying between $8000-$10000. Aside that, Bitcoin is not going down further.
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January 23, 2018, 12:07:46 AM
 #73

This is just a mere predicition without any proofs. We all know that price of this cryptos are really hard to predict. But for me I think bitcoin would really drop this year because this year is the year for ethereum to rise.

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January 23, 2018, 12:11:18 AM
 #74

Every day Wall Street & Co predicts something. Every day we hear the opinion of analysts, which in 99% do not come true. Personally, I do not believe that it will sink to a price of $1000
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January 23, 2018, 12:18:26 AM
 #75

Everything is possible with the high volatility that characterizes the crypto world, but in my opinion is very unlikely to happen ($ 1000 is extremely low...). Anyway predicting the price of bitcoin in the long run is very difficult, if not impossible  Wink
Moondoggie
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January 23, 2018, 12:18:42 AM
 #76

Highly unlikely.
Nobody really knows though.
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January 23, 2018, 12:20:12 AM
 #77

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 ?

everybody can predict that way, i should say the price of bitcoin is driven by FUD,prediction, latest development and current events because its higly volatile, but the safest way to is to master and learn the technical analysis, that way youll reduce the risk.

Want to learn TA? head on to
https://www.facebook.com/BTCSignals
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January 23, 2018, 12:27:59 AM
 #78

Anything could happen with the price of bitcoin, and as it is completely decentralized we cannot go anywhere else to demand that the value has gone low to such a value making our investments go valueless. It's good to have patience and be calm, because it'll cross this hurdle same as that it crossed in the past.
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January 23, 2018, 12:28:29 AM
 #79

I dont think that will happen. BTC is use as a store of value. I dont see BTC going down as low as $1000. BTC price will jump up by Feb ending after the asia new year.
dineth88
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January 23, 2018, 12:36:33 AM
 #80

with the increasing demand it has im afraid it wont ever go down as far as that. just imagine at the moment almost all the exchanges have suspended its new registration cuz they cant handle the huge traffic coming in.
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