Bitcoin To Drop As Low As $1000 This Year

Anything is possible but in my own humble opinion i don't see that happening this year, it might drop but I don't think it will drop below $1k.

Yes, the fall will be great, but I do not think that in the area of $ 1000, I think a maximum of $ 5000 below should not fall, if the bitcoin does not depreciate Cool

That's too much drama I think! Bitcoin holds really well around 6-7000$. I hardly doubt it will ever be $1000 again.

Quote from: publicjud on March 16, 2018, 05:24:32 PM

News which say that bitcoin will go to 100k dollars appeared every day during the rapid growth of bitcoin. Why? Whales need to sell their BTC at the highest price. Now the price is falling and there are news that bitcoin goes to hell. Why? Whales want to buy cheap coins. That's all.

Thats true, who users are not interested in selling at the price of $19k? of course that's what the whales does, and when the price goes down as it is right now that a lot of whales sell at that price, and nowadays many of them may start doing dumps, so do not think negatively about bitcoin, bitcoin will not possibly go back to $1000, precisely I'm sure the price will probably reach $100k in this year

IMO I don't think that will happen any time soon this year. even if bitcoin will go down. I don't think it will get down to 1k, maybe around 3500 - 5000 k

Quote from: jagu359 on January 22, 2018, 11:56:59 AM

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 ?

Any source for your claims?

I don't think it's gonna drop that low, it's still going strong and a lot of people are backing it.

but it seems to be back up and beyond the previous price of 15k $ or it could have exceeded that price.

if the history will repeat itself, the worst case scenario is 2k$. That is around -90% i believe. JUST HODL this dark days. The sun will come.

this seems not possible cause of mining costs. Nowadays bitcoin mining costs around 7-8k$ so price will continue to swing in ths area.
Under 7k$ miners will stop to sell their coins and price will start to rise again.

Quote from: jagu359 on January 22, 2018, 11:56:59 AM

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 ?

I personally do not think that such a drop in BTC's price could be. In my opinion, the minimum price would be about $ 6,000. And in recent weeks the price ranged between $ 8000 and $ 10000 which is not that bad. Huh

I don't know why you think like this but there are a lot of buyer who are interested in buying btc and waiting for this to touch 5K if that hit 5k that means there will be bull run and again market will stand.

Compare 2018 market position with 2017 you will find that Btc is already at its low.

Requesting you not to create any FUD and no one can predict crypto coins.

It's hard to predict the price. Though BTC is volatile and may fluctuate a lot, it would rise definitely. It depends on the supply demand and needs time to rise and would never sink. More and more people come to know the pros of the BTC and invest it again. Therefore, hold it and never sell.

Quote from: coolws on March 19, 2018, 03:52:30 PM

although it is hard to predict, we could still try to make a profit because with the volatility of the price, we can buy bitcoin when it's down and sell it when it's up. bitcoin price is always changing and if we can use this to search a profit then I am sure we can make a lot of money in weekly because I don't think that we can make a lot of money in just one day except if there is a high pump is happen. so if we can use the opportunity of bitcoin price, we don't have to worry if the price is drop.

This is completely wrong, I am sure you are, that such statements are for reference only

Consider the source here and because of that alone I would argue it won't reach that low. While it possibly can reach 1k I firmly believe there is enough support at 3k that we would never seek levels so low.

If this happens, will sell all of their assets to buy more BTC

Well they have analyzed the situation well enough for these banksters to come up with a prediction that will scare everyone away from Cryptocurrency. But many are still supporters of that coin and many will be sure that the fudsters will be in their proper places.

The prices are volatile and driven by market demand it can rise and fall hence anything is possible to happen but no one can certainly predict the future. Imo its unlikely because btc gain popularity and has many supporters all over the world, when there's dips we invest, and sell when the price increase again. Its just a repeat process so I dont think it can fall to $1k as other speculate it to be.

Quote from: jagu359 on January 22, 2018, 11:56:59 AM

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 ?

Well, I think that is too much because I never believe and expect Bitcoin will go back to it's price value the same as last year on its first quarter.
Bitcoin's price value at this writing is almost $9,900 but I think it's time to surge Bitcoin's price value since it G20 world crypto conference regulation is very clear that crypto will have a free market in the next months.

Quote from: lienfaye on March 20, 2018, 03:10:05 AM

Everything we read and everything we hear are just speculations and prediction but none of them or nobody could predict what will happens next so Bitcoin had predicted to drop as low as $1,000 this year but I don't believe that will happen because Bitcoin together with top altcoins are on their way to recovery.
When the Crypto Market will recover - Bitcoin will never drop from it's lowest value this year that is almost $7,000.