Is it true bitcoin will fall to the leve of $1800 or $1500 ?

[A1exander]

It would mean more than 10x crash from the last ATH, which is not impossible, but very unlikely. Looks like the recovery may take a long time (probably more than a year), but the possibility of bitcoin going below $2k is very low.

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[gabmen]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

I don't which experts are sitting there which are making such stupid speculations and spreading rumors that it will fall to such low level like $1000-$1500 which is not possible at all and you need to make some research before believing all this stuff and then reach any decision.

I dont believe on speculation some saying price might hit to that level. Bitcoin will soon hit to ath maybe this coming months and it will adapts by many users. So many fuds that they wants to buy at lower price.

A lot of people are claiming to be experts even though they don't have the slightest idea of how the market works. So it's advisable to disregard these predictions and just trust your own studies and instincts. I don't even know what good they'll get from spreading fuds lol

[Slark]

Some experts who says bitcoin to completely crash is it true ?

Can you please include the source material - I would like to read the article of such 'expert'.

One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

Do you know that 95% (or even more) of fiat money circulation has no physical form either? It is only a number in the memory of computers.
How is Bitcoin different from that? I think we are past the argument that not only physical goods can be worth something already.

[samantadegrenet]

Bitcoin will never hit at 1500 $ to many people are waiting to buy so many BTC at this price, i think it could be the less betwin 5K or 6K dollars good entry point.

[Ahiaba]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

I don't think those experts prediction doesn't hold water because they didn't provide any substantial evidence to show there claim that the Bitcoin and crypto currency in general value will decline that low.

[GamblingPurveyor]

Well by that logic even PP funds square measure a virtual currency so even paypal funds square measure paltry af

[fabiorem]

Bitcoin had a 94% crash in 2011, from $32 to $2.

So yes it is historically possible to have a crash like that. In our case, it would go from $20k to around $1000, touching even the three-digit area.

But see how much it had grow from 2011 to now. If bitcoin survived such a crash in a very obscure time, when it was in its infancy, what can we say of today, with all the development going on, and even governments considering to store it in its reserves?

$20k to $32 is 625x more money. Can you imagine bitcoin in seven years? Just do the math. And we dont need to have more volume for that, as the recent crash proved that 10% of the total volume can move the market up or down.

[Yatsan]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

For me, it is not possible given that dumps are just temporary so as such it gives an idea that the market will soon recover and the dumps won't go that far. But still, things are way unpredictable when it comes to the market volatility. We don't know what will happen on the other day so holding until the price of it stabilizes would be a much necessary thing to do.

[zogrrr]

Maybe it will , but only when people invent something better which will make bitcoin obsolete. But it won't happen that soon IMO

[Gotomoon]

Maybe it will , but only when people invent something better which will make bitcoin obsolete. But it won't happen that soon IMO

Yes I think it will not fall to the $1500, many who loves to use bitcoin and still supports when in down. It will not always were in down trend. I think bitcoin can recover but not today soon it will.

[hynext]

Well, they conjecture the prices of bitcoin that it may fall $1,XXX and they calling themselves as experts. But decreasing of bitcoin prices are normal if you check the history. I hope bitcoin price will not go down at $5,XXX so bitcoin can recover easily.

[batang_bitcoin]

Maybe it will , but only when people invent something better which will make bitcoin obsolete. But it won't happen that soon IMO

The only possibility is that when many are going to take profits at the same time and that will make the supply becomes more in the economy and circulation that will make the price goes down quickly. @fabiorem stated that historically it can happened and it is even worst way back then and to compare to that day then it's possible. But I don't really think that it will happen since we went through one of the biggest correction so it's now time for bitcoin to start going up again.

[aeternus]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

Can you give a link to the article or at least name those experts that says something like that? Because those are not really reasons, if that was the case then no one will accept credit or debit cards after all those are actual currencies with no physical form as well, they are just a representation of something physical but are not physical currencies themselves.

[sabarr]

nobody knows what will happen in the future, bitcoin prices are hard to predict and that's the bitcoin greed, maybe for now the bitcoin price will continue to fall but I hope the bitcoin will rise soon and have a high price again

[vickybitcoin]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

dont believe everything you hear, if you would do that you will only fail here in cryptocurrency business. Everything that you hear is all speculations.  No one as nobody can predict what will be the price in the coming times.  But i am pretty sure the price will rise when we least expect it.

[Google+]

you should know that in this cryptocurrency, in fact all possibilities can occur, the price could be able to return to the price of $ 100 even worse it could happen if the condition of bitcoin was not too profitable and bitcoin was useless then the fall in prices could have happened, and yes Cryptocurrency like bitcoin has a very high risk.

[Gadhoh]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

I believe this price reduction is still not over, it will continue to be sustainable, but for up to $ 1800 I don't think that is possible, too much negative news and speculation that is not necessarily the truth prediction, we better just stay and wait until the price increase occurs

[liseff3]

Some experts who says bitcoin to completely crash is it true ? One of the reason said is virtual currency having no physical form and at least no transferable physically can not be recognized by  retail public users.

Yes I know bitcoin crashes, and it doesn't happen once or twice it can be said to be very frequent, but in the end he will keep returning more fit than before. If we weigh from a large number of users, tens of thousands of bitcoins buried in the hard drive due to forgotten passwords or hard drives threw in the trash. I think $1.800 - $1.500 is a very impossible value and that's not fundamental.

[cepot9]

Up and down is normal in any crypto can happen, but for bitcoin it will drop to $ 1k hard to believe. now bitcoin is stable between 8k to 5k $ it will be very shocking that there will even be big news if it reaches a decrease of $ 1k

[zazarb]

Bitcoin has pretty strong support at 5500-6000$, so if we did not heard any bad news in remaining time of this year, Bitcoin price should stay calm or even go up because Bitcoin price always raises and then goes down.