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Question: Will bitcoin reach 5k?
Yes - 11 (29.7%)
Eventually - 8 (21.6%)
No - 18 (48.6%)
Total Voters: 37

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Author Topic: Bitcoin low  (Read 529 times)
ebliever
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February 06, 2018, 04:12:56 PM
 #21

As we see BTC price going down and down, where is the bottom?

There is no fixed level to which it can go. If it drops more than 40% now, you will see huge panic and it may get destroyed completely. Let us hope this does not happen.

It dropped 70% from 20K to under 6K, and has now rebounded almost 25% as I write. Or are you using a different frame of reference?

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ukw
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February 06, 2018, 04:18:30 PM
 #22

As we see BTC price going down and down, where is the bottom?

In my opinion the bottom is about 6K (as it was today), and if it falls again it will be somewhere around this area.
But I think this fall will be over soon.

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trickyriky
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February 06, 2018, 04:40:06 PM
 #23

Anything around $1000 is possible and not disastrous. anything below is possible, but would be worrying

What makes you thinking this way, man? I am sure (almost - nobody can be sure of anything) that Bitcoin will soon stop its fall and grow.
gusnips (OP)
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February 07, 2018, 03:33:50 PM
 #24

Agreed
gusnips (OP)
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February 07, 2018, 03:53:28 PM
 #25

Anything around $1000 is possible and not disastrous. anything below is possible, but would be worrying

What makes you thinking this way, man? I am sure (almost - nobody can be sure of anything) that Bitcoin will soon stop its fall and grow.

already doing it
jackchun
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February 07, 2018, 03:57:12 PM
 #26

bitcoin investment just become a gambling game, and just like investment in high volatile stocks

datodota002
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February 07, 2018, 04:13:55 PM
 #27

in my opinion the bottom pice is in $5600, this is jst annual agenda for crypto, stock and forex. the price will going down until the end of Q1 on this years due to tax.
Opnsrc
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February 08, 2018, 02:44:16 AM
 #28

As we see BTC price going down and down, where is the bottom?

I won't bet on 5 thousand. Probably Bitcoin has more chances now to start growing again, but will it start gaining? In a month? Maybe, yes.
gorodi
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February 08, 2018, 02:48:41 AM
 #29

As we see BTC price going down and down, where is the bottom?

I was expecting that the market of crypto had all the chances to grow until I read the news coming from China. Another ban, read it: https://www.coindesk.com/report-china-cutting-access-to-overseas-crypto-trading-websites/
Dexion
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February 08, 2018, 03:20:34 AM
 #30

not for today, yesterday i saw bitcoin price was at the point of $ 6000, and after that a lot of support to bitcoin from important crypto figures, like meetings made by crypto characters in USA, so today we see bitcoin slightly up.

but we are not safe from natural correction conditions, meaning there is still a possibility to descend to the lowest point.

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February 08, 2018, 03:42:55 AM
 #31

I think the price of BTC is so low because of the great impact of investors holding large amounts of bitcoin. They sell a large amount of BTC to bring the BTC price to a low. Then they will buy a large amount of BTC to push the price up. Now I am investing all my money into BTC and waiting for the BTC to recover.

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Shakawat
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February 08, 2018, 04:30:57 AM
 #32

For the fall of bitcoin I pick up some of the reasons for the hatchers of our world and this bitcoin, so everyone does not have the courage to deal with it, after that some countries no longer allow it. I think it's going to be behind the bits.
trickyriky
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February 08, 2018, 05:30:41 AM
 #33

As we see BTC price going down and down, where is the bottom?

When Bitcoin is (was) down it’s the greatest time to make the investments. Why do not people use this period to buy more BTC to be in the coolest profit ever later?
Sky5678
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February 08, 2018, 05:38:18 AM
 #34

Bitcoin prize, we soon bounce back, like wise the nature of weather condition, time for rain and sun session and i guest bitcoin is experiencing rain session and is time to invest as we store rain and make the use during dry session, i guest is the best time to Invest. Goodluck 
DAVETUN
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February 08, 2018, 06:34:04 AM
 #35

The rise of BTC last year is quite astronomical,sure there will be correction,and that is taking place already,Bitcoin will most likely dump to 5000
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February 08, 2018, 06:39:52 AM
 #36

bitcoin bottom maybe on this month.
but the bitcoin lowest point is still lay on no where to known.
Haynes
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February 08, 2018, 07:01:31 AM
 #37

As we see BTC price going down and down, where is the bottom?
we will be hard to know what the lowest price this year. but in my prediction, the price will not fall below $ 5000. this is because the number of new enthusiasts on btc that can raise the price of btc.
GloriousDonkey52
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February 08, 2018, 07:04:46 AM
 #38

The lowest level it had reached is 6K. This is not an all time low with regards to the history of bitcoin. And its not alarming to me either. For sure, it will bounce back.
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February 08, 2018, 09:09:04 AM
 #39

As we see BTC price going down and down, where is the bottom?

moments like this you can make a chance, to buy lots of bitcoin. this is what you should do when the market is falling down. this opportunity will not happen in the near future, believe the bitcoin will return to its normal position and grow back

Prodigan786
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February 08, 2018, 09:38:04 AM
 #40

I pressed no button even i amnot sure it will 5k or not but i wish not to hit 5k . Its just my wish not the actual speculation . bitcoin already reached 20k . Now its 8K i wish atleast it should stick around this price . Slow growth is always good .
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