Slark
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Activity: 1862
Merit: 1004
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February 23, 2018, 09:57:12 PM |
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If bitcoin drops bellow $1000, do you think it will still recover someday?
1. Why would be the potential reason for bitcoin crashing like that? Because I cannot foresee anything in the future which could bring bitcoin down. 2. If we cannot tell what is the reason of the crash then we can't draw any conclusion about potential recovery. 3. In case we will be hit by global phenomena - which will affect the whole economy and not bitcoin alone - for example - war etc. I doubt that anything could be done... |
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Rozita
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February 23, 2018, 10:17:28 PM |
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Even bitcoin price falls to 1000 dollar, why not try my luck?
I will buy bitcoin as much as I can afford. The price won't be below 1000 dollar in long-term.
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Ararbermas
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February 24, 2018, 05:35:10 AM |
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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?
absolutely bitcoin always recover after the dip mate 'and besides that $1000 is good to buy and for sure if that times happen more holders will buy and so on the price will increase again because of the demand of supply from the holders. It's just a cycle mate which is when the price reach the all time high value more holders will sell off and after that the value will fall dip again and more holders will buy and hold until it jump back again. So IMO it's impossible that the value will not rise again indeed the recovery of price always happened because there's still some holders keep buying even though the market is very volatile. |
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Fakhri1907
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Activity: 294
Merit: 0
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February 24, 2018, 05:44:47 AM |
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Depend on the market. If lots of people buy it, so the price can grow. But i think, every times, more people know about bitcoin because lots of people share about bitcoin to the others
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maxamus
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February 24, 2018, 02:47:29 PM |
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Depend on the market. If lots of people buy it, so the price can grow. But i think, every times, more people know about bitcoin because lots of people share about bitcoin to the others
Yes as more supply reduced the value and more demand increases the value hence we cannot predict anything at this moment due to involving of big players penetrating the crypto market. |
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South Park
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February 24, 2018, 10:29:11 PM |
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I just want to know how much faith do you guys have in bitcoin...
If bitcoin drops bellow $1000, do you think it will still recover someday?
There are simply too many scenarios, if bitcoin crashed because a flaw was found in the technology then it is very likely it is never going to recover and will eventually reach zero, but if it is a manufactured crash created by the whales or some other entity then the price will recover, we do not know when that could happen but I will take the opportunity to buy bitcoin and wait for that day. |
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Victorycoin
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February 24, 2018, 10:35:25 PM |
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If btc price hit 1000$ i will buy more bitcoins and ethereum.
And i know too many people will buy more and more so this will not happen again.
With the kind of enthusiastic crowd behind Bitcoin, I doubt the price of Bitcoin would ever come close to $1000 before a very strong buying pressure swoops in to mop in all available coins up for sale. I must say that anyone waiting for the price of Bitcoin to fall precipitiously is actually in for the wait of their lives. If in doubt whether to buy more Bitcoin or not, best bet is to simply buy more and more and and steadifasty Hodl. |
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barota
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February 24, 2018, 10:48:18 PM |
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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?
yes if bitcoin drop under 1000 usd . it can recover Quickly But to levels under 8000 for example |
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Slow death
Legendary
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Activity: 2996
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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February 25, 2018, 12:46:08 AM |
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If bitcoin drops bellow $1000, do you think it will still recover someday? wait a minute... tlim tlim tlim Hello! I speak to "lady know everything"? Sorry to bother you at these hours "Lady knows everything", I have someone on bitcointalk who would like an prediction, can you help me with this? he wants to know if the price of bitcoin will recover if drop to $1000  |
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Dreamchaser21
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February 25, 2018, 01:43:52 AM |
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Even bitcoin price falls to 1000 dollar, why not try my luck?
I will buy bitcoin as much as I can afford. The price won't be below 1000 dollar in long-term.
We all know that bitcoin will not back on that kind of level because this kind of technology deserve so much value. A lot of FUD news but i know bitcoin will just keep on moving forward over years. Yes, everything is possible but you have to be more optimist if you really want to make good profit, I'm here to catch bitcoin at that level hopelessly. |
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PX-Z
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February 25, 2018, 01:52:52 AM |
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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?
I don't really think that bitcoin price will drop below $1,000. But if that will happen, then it could be the end of bitcoin and it will continuously dropping until it's price goes to zero. Because it's really a big and serious problem of bitcoin if that scenario will actually happen, and i don't think that it can still recover to its deep. But there's no need to worry about mate, it's impossible to happen, because the population over the bitcoin community continuously growing and more countries are already legalized bitcoin. |
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rizkyhiw
Legendary
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Activity: 1484
Merit: 1004
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February 25, 2018, 04:17:46 AM |
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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?
Did you mean that bitcoin prices fell to under $ 1000? But I think it will all continue to recover with time. Basically the bitcoin stock is limited to only about 21 million. The fewer bitcoins and the more people who need them the more they will increase. Even many people predict it will be worth $ 100,000. |
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dewi91
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February 25, 2018, 04:51:51 AM |
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If bitcoin drop below $ 1000 may be a lot of people Will leave bitcoin and the people Will choose alt coin for Investment.. although bitcoin Will recovered but it Will not easy and I think that need a long time for bitcoin to reach on high value again.
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eann014
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February 25, 2018, 06:22:16 AM |
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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?
No one exactly would know what will happen with bitcoin, well in my opinion before it will hit $1k, I think I already sold my bitcoin because the last time bitcoin drops for about $7k, I already sold it and did not wait for the price to go down more.  Maybe I don't have that strong personality so that I sold it immediately just like that. |
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Victorycoin
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February 25, 2018, 10:17:43 PM |
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If bitcoin drop below $ 1000 may be a lot of people Will leave bitcoin and the people Will choose alt coin for Investment.. although bitcoin Will recovered but it Will not easy and I think that need a long time for bitcoin to reach on high value again.
That would surely dealt a devastating blow to the psychology of most traders and a good number might want to embark on terminal leave. However, I don't see any of that having half a chance because this is 2018 and the cryptocurrency world have actually moved on since the last time Bitcoin passed that road, These days, there' re obviously a lot more stake holders in Bitcoin than couple of years back, when Bitcoin was still trying to gain acceptance. |
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pixie85
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February 25, 2018, 10:23:30 PM |
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What are you even talking about? For the drop to 1000 all the development that happened in the last 2 years would have to be nullified. Japan and Korea would have to ban Bitcoin, there would have to be no further adoption, millionaires who are heavily invested would have to sell. I just don't see it happening at any point. This is a growing economy with a huge potential that we're talking about here.
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Jating
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February 25, 2018, 11:32:26 PM |
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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?
I don't think that bitcoin could possible drop to $1K levels because we have someone to back us up, that is Japan. Plus, there are a lot of investors, big and small, financial institutions that has so much at stake and I don't think that they will simply allow the price to drop to that kind of levels. But in any cases, it goes down to even below $1K, I think it can still survived, it might take that long though, but I don't think it will simply die a natural death. |
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jakelyson
Legendary
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Activity: 2170
Merit: 1069
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February 25, 2018, 11:36:57 PM |
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I have faith in bitcoin but just up to a certain level. I do not think it will drop to that level anymore, but if it does, I think many will lose faith on it. That is why I am preparing for the worst. I have investments on some promising coins out there. It is better to be prepared than sorry when it does happen.
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An0nyMoose
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February 26, 2018, 12:08:06 AM |
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I'm not sure about the short term but certainly on the longterm BTC will go up to at least 100k, $500k is possible too. Sometimes i hope it goes down more so I can buy more, don't have much fiat left though.
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nightways
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February 26, 2018, 05:41:42 AM |
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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?
Firstly, I do not see that happening as bitcoin as gotten past the stage where it just ends up being some pump and dumped currency. However, if we even at all end up seeing $1000, which even makes it worth it the more. We just get to keep on loading up more and waiting for the special day, because whether we all like it or not, bitcoin's adoption is going to be huge and that is what is important to me the most, not the present value. |
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