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Author Topic: Can Bitcoin Reduce to $ 4000?  (Read 1477 times)
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May 03, 2018, 11:21:37 PM
 #441

I think it's just an issue that some people or groups spread to make a panic so that people immediately sell their bitcoin, usually people who spread this issue are people who want to buy bitcoin in a fairly large amount with a cheap price. so I think it will not happen , now it's May and it costs $ 9700.

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May 05, 2018, 01:47:17 PM
 #442

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......


I think when Bitcoin drops to $ 4000 a lot of investors who have Fiat will experience a profit.

because with such a price will be easy to be bought by people who have Fiat a lot.

and can manipulate the market, even when fiat investors profit then they can create a new Exchange.

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May 05, 2018, 01:54:30 PM
 #443

I don't think so. because if bitcoin actually reduce to that price i would call it the critical zone for btc which means in worst case scenario dump and dump until that price will be 0.

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May 05, 2018, 08:55:58 PM
 #444

I don't think so. because if bitcoin actually reduce to that price i would call it the critical zone for btc which means in worst case scenario dump and dump until that price will be 0.
I agreed with you, 4000$ is the lowest limit to Bitcoin because Bitcoin could turn into 0$ price if people lose their interests in it and noone want to earn it, own it or even mine it.
So with us, Bitcoin is totally useless and worthless , that is the worst scenario for Bitcoin and i hope that scenario never happens.

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May 05, 2018, 09:51:54 PM
 #445

It will fall to 1000$ too. However I do not think it will go that deep. If we fall sub 5000 dollars, we will see a 2 year stagnation in crypto currency.
For me  it is possible that bitcoin price will fall or will dump to $4000 but that will just happen when a lot of holders will not keep or will not hold there bitcoin, but i am sure the price of bitcoin will not reduce to $4000 if all the holder will continue to hold and will continue to buy bitcoin.

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May 05, 2018, 10:26:43 PM
 #446

Luckily the Bitcoin price didn't drop as low as 6,500USD and it is a good sign that BTC won't fall down on this label of dip whatever the situation is, but in the future it might happen but of course everyone will try to help the community for it not to happen,
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May 05, 2018, 10:37:25 PM
 #447

No. As I can see in the market bitcoin is $9000 now and willing to grow more. That time there's a lot of hacking and gud news around that's why bitcoin down in 6k but now that all in the market is recover bitcoin is back on track to rock in the market to the moon.
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May 05, 2018, 10:43:08 PM
 #448

As we see on Sunday, February 25, 2018 TEN prices fall from 6000 to 5000. You can say this as a downward trend. What can I do in this position now? In this position you can buy at the current lowest price of 5000-5200 range. If necessary pairs of gradual nets in positions 4500, 4600, 4700 to 5200 with the same portion.
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May 05, 2018, 10:52:43 PM
 #449

Hacking has always proven to be a threat to bitcoin. It is actually inevitable but it can be tackled by creating a strong wall for hackers to penetrate. Every platform that operates on bitcoin should have a strong, reliable and secure system. If every exchanging site is being hacked, it will sure affect the value of the currency.
Its true. So many exchange get hack because lack of security system. So it can impact to all cryptocurrency price specially bitcoin.
How can they grow if many of exchange which involve in crypto get hack. It can reduce the reputation of cryptocurrency many of people will think twice to enter this market

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May 05, 2018, 11:21:10 PM
 #450

Really bad news and a panic, yes. Although BTC staying above $5k for so long now could mean it might never drop as low again. Nobody knows but I'd bet the price will be much higher than now in a couple years, there will probably be a day when $10k is considered low.
I am fan of bitcoin and i dont think that it is possible to happen, bitcoin price will not reduce again to $4k, maybe the price of bitcoin can still dump but i think it will just dump to $6k or maybe $7k, and i believe the price of bitcoin will pump again this month of may.

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May 06, 2018, 04:14:37 AM
 #451

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......
I do not think China's security level is very high. Because developed countries in the world, such as the United States, Britain and Japan, have been hacked many times in some underground government websites. So why hackers can not penetrate into a small trading platform?
I think you have been thinking negatively about it. But bitcoin's price will probably drop to over $ 4k because its real value is not $ 10k as it currently is.
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May 06, 2018, 06:35:11 AM
 #452

Maybe in some Fudder's dream it can happen but in reality it won't. If you see the pattern of bitcoin, its past price just becomes the thing of the past and that $4000 is clearly just another ath that happened in its history.

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May 06, 2018, 07:34:22 AM
 #453

In this online market I just follow some news about bitcoin and I’m found some news about bitcoin. In a couple of days ago people think bitcoin and total altcoin market will be die and too many people think bitcoin again dump and it will be hit around four thousand dollar but all prediction is fail because now bitcoin price is nine thousand plus so it is not sure to bitcion reduce again to four thousand dollar, I think bitcoin again hit around twenty thousand plus.
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May 06, 2018, 07:53:10 AM
 #454

I think everything is possible. However as we see binance solves the hacked problem quickly and safely. Can show they work very well and professional. The price that BTC fluctuate does not depend on the large hacked trading platform that I think it is due to people's confidence in the crypto market later. In 2017, the price of bitcoin has an oscillation that makes everyone in the world known. At the moment it may be falling but I think it is hard to reach $ 4000-5000. The crypto market is always down at the beginning of the year. And it is boosted in the coming months and peaked at the end of the year.
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May 06, 2018, 06:01:43 PM
 #455

Maybe,  let us all remember that BTC price is unpredictable,  it will rise and fall anytime.  But for me,  $4000 is too low,  it may fall in that price again but i am sure that it will not happen overnight, it will take time before it reach again at $4000.
For me it is possible to happen if people will sell there bitcoins and when people will stop buying or supporting bitcoin, there is no doubt that the price of bitcoin can reduces to $4000 but i think people will never let that happen again, because people may face a huge loss.

I am 95% sure that it will not happen. I am waiting for the growth of Bitcoin: the period of the bloodbath lasted TOO long. It will be something natural if the market will show the green signs of the growth.

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May 06, 2018, 06:22:30 PM
 #456

Everything may happen. I remember that some time ago when oil prices were about 150$ and almost all analytics told us that the price would be 300$ or even more but what happened? The oil price dropped to 30$.  Of course it does not mean that crypto market are going to drop. It seems that market have new power to grow again. I trust and I have invested in etherium.
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May 06, 2018, 06:50:42 PM
 #457

Bitcoin does not fall to a price below which the miners will not benefit from mining. Bitcoin can drop this price only if there is a big crack or there will be a complete collapse of the crypto-currency market
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May 06, 2018, 07:17:40 PM
 #458

Everything may happen. I remember that some time ago when oil prices were about 150$ and almost all analytics told us that the price would be 300$ or even more but what happened? The oil price dropped to 30$.  Of course it does not mean that crypto market are going to drop. It seems that market have new power to grow again. I trust and I have invested in etherium.
Yes, nobody could have guessed that oil prices could go down that much. There are people who can predict Bitcoin prices, but they are often misunderstood. Experts are making long-term forecasts.



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May 06, 2018, 09:35:46 PM
 #459

I think everything is possible. However as we see binance solves the hacked problem quickly and safely. Can show they work very well and professional. The price that BTC fluctuate does not depend on the large hacked trading platform that I think it is due to people's confidence in the crypto market later. In 2017, the price of bitcoin has an oscillation that makes everyone in the world known. At the moment it may be falling but I think it is hard to reach $ 4000-5000. The crypto market is always down at the beginning of the year. And it is boosted in the coming months and peaked at the end of the year.

Moreover, if my memory is not leasing me wrong, bitcoin was worth 5k dollars few week ago but most of the investors lost faith in its potential and bad thoughts plus fake news filled the air. I agree it did not reduce to 4k dollars but buying BTC at 5k is also not a bad option. Indeed future is unpredictable but that does not mean anything can happen anytime mostly, things go according to the prediction and prediction says, BTC can’t decline this much ever now.

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May 06, 2018, 10:52:58 PM
 #460

My suggestion to every one is don't predict too low like USD4000 instead waiting for bottom book your profit or even book your lose to be safe side and it wont affect much in your portfolio. Bitcoin has a great performance record so I don't think bitcoin can reduce to USD 4000. Especially now, the Bull Market is coming. We can expect now that the Bitcoin price will going to increase.
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