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Wexnident
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March 09, 2018, 04:33:54 AM
 #81

I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?

In many fluctuation of bitcoin that we've already experience , it's always gave us the reason to give more trust and believe to continuous patronizing and embracing it, because after all the dump happened to it's value there are always a better pumped awaiting. Maybe on the first 2-3 years of it's existence we've experience it's value down to $1000, but in a long run, we all known that for now it is more demanding to people and deeply spreading in many countries all over the world compare to it's first appearance. And it will happen again, I'm pretty sure that there is always a room for it's full recovery. 

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March 09, 2018, 03:56:17 PM
 #82

Well , in the first place i dont   think that Bitcoin will fall down so much , its possible to drop to $ 5000k but to drop to 1000$? Small chances for that to happen. But if that's gonna happen , I have no idea if it's gonna recover from that drop , but like I saw until now Bitcoin is always recover after a big drop  . Like now , bitcoin dropped from $ 19k to to 6000k  and know it's begin to recover really fast , its already raised up to 12k . And my answer to your question is YES , bitcoin could recover from that 1000$

Well we said that bitcoin will not fall below $10K but it did. And then it falls even deeper at $5K-$6K range. So everything is possible. But I do hope that it won't get as low as $1K though.

But if ever it would happen, then this could be consider as a GOLDEN opportunity once more to stash and accumulate more bitcoin.

And its another work for us to work at that $12K barrier again. We have been in this predicament many times in the past and overcome it. And this mental barrier is no exceptions.

Yes, everything is possible, but it's not a good signal for Bitcoin. If Bitcoin drops too much it's a clear signal Bitcoin has lost too much strength, demand. Signal that people have left Bitcoin, and when an event like this happens, it's hard to have faith that the currency will rise again.
If BTC drops near $1000 I'm not sure if it would be a golden chance, as the price would probably stagnate and to invest hoping to make profit from the volatility would be very risky. But some people would keep using Bitcoin, not mainly as speculative investment, but as currency (also investing the BTCs in something else, but not expecting profit only from BTC's fluctuations in price).
The reason of why I think that bitcoin at $1000 will be a steal is because that price is not really justified, bitcoin did not had segwit activated, and will probably get the lightning network activated sometime in the future so to me the price needs to be higher not lower so if I were to see bitcoin at that price again I will buy it without even thinking about it.

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March 09, 2018, 05:28:12 PM
 #83

I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?
this question is tantamount to; "if somebody walks backwards will fall" the answer is "yes", and it is unlikely that this crypto market is designed by experts like walking backwards, but walking forward with the bumpy road conditions is certain. and you must be sure that where there is a definite derivative there will be a climb.
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March 09, 2018, 07:26:05 PM
 #84

Well , in the first place i dont   think that Bitcoin will fall down so much , its possible to drop to $ 5000k but to drop to 1000$? Small chances for that to happen. But if that's gonna happen , I have no idea if it's gonna recover from that drop , but like I saw until now Bitcoin is always recover after a big drop  . Like now , bitcoin dropped from $ 19k to to 6000k  and know it's begin to recover really fast , its already raised up to 12k . And my answer to your question is YES , bitcoin could recover from that 1000$

Well we said that bitcoin will not fall below $10K but it did. And then it falls even deeper at $5K-$6K range. So everything is possible. But I do hope that it won't get as low as $1K though.

But if ever it would happen, then this could be consider as a GOLDEN opportunity once more to stash and accumulate more bitcoin.

And its another work for us to work at that $12K barrier again. We have been in this predicament many times in the past and overcome it. And this mental barrier is no exceptions.

Yes, everything is possible, but it's not a good signal for Bitcoin. If Bitcoin drops too much it's a clear signal Bitcoin has lost too much strength, demand. Signal that people have left Bitcoin, and when an event like this happens, it's hard to have faith that the currency will rise again.
If BTC drops near $1000 I'm not sure if it would be a golden chance, as the price would probably stagnate and to invest hoping to make profit from the volatility would be very risky. But some people would keep using Bitcoin, not mainly as speculative investment, but as currency (also investing the BTCs in something else, but not expecting profit only from BTC's fluctuations in price).

Right. Bitcoin dropping as low as $1,000 is very worrisome as it probably means that it is dying or under threatened by other altcoins on top.
Sorry sir bitcoin is still popular and day by day people are joining bitcoin so I think do not worry about bitcoin if someone is taking decision for its price so it’s not a big deal its price will be ok after some days but over all its very strong and popular some people think that bitcoin wil be going more down but it’s not true bitcoin is very popular and strong than every crypto and recently some fast food restaurants also accept bitcoin.
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March 09, 2018, 10:48:37 PM
 #85

I just want to know how much faith do you guys have in bitcoin...

If bitcoin drops bellow $1000, do you think it will still recover someday?
It's not going to happen to drop the price of bitcoin at $1K that will be a failure to the developer and the investors will lost confidence to support bitcoin. I see a good future of Bitcoin it just need to wait at the right time.

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