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Author Topic: BTC will drop to $1000 --- you have been warned.  (Read 486 times)
eth9888
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June 04, 2018, 10:31:54 PM
 #1

Most bitcoin "investors" are still in the phase of denial that the bubble has burst - this is the best proof that price will continue to go down. Too much unjustified optimism in the market.
It's done and over.
Bitcoin is going to fall back to $6.5K very soon and this time it would break the support and price would push back to where the bubble began -- $1.2K

Look at the graph below, we are just in the middle of the correction.

You have been warned!



No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

Yes! thanks for pointing this out.
The whole market is full of scam coins and rubbish ICOs

Could you believe a coin with a plagiarised white paper could have reached $12B market cap?!

It's still ranked as the 10th largest market cap coin today with a market cap of nearly $4B.

Honestly, I wouldn't even give this coin a $100M market cap

This is how much BS the market has come to!!

BTC and ETH are representatives of crypto market which is full of BS at the moment


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June 04, 2018, 10:47:25 PM
 #2

YES!! More cheap coins. Grin

I will literally put 95% of my entire fiat savings in Bitcoin if so. I am however realistic enough to know that we are probably not even going to see anything below the $5000 mark, so how viable is dreaming of $1000 then?

Bitcoin was shown 1:1 with these bubble charts even when it was worth just $500 a pop, so how many more times will people keep rehashing this? Bitcoin isn't a traditional asset, and not a company.

Bitcoin is the representation of how the regular economy keeps failing. The more the regular economy implodes, the more Bitcoin's 'bubble' grows in size. In other words, Bitcoin grows because of how the system fails.

fabiorem
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June 04, 2018, 10:53:25 PM
 #3

And ETH will go back to one dollar, when its bubble began.

eth9888
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June 04, 2018, 10:59:36 PM
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And ETH will go back to one dollar, when its bubble began.



No it's $100.

eth9888
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June 04, 2018, 11:00:45 PM
 #5

YES!! More cheap coins. Grin

I will literally put 95% of my entire fiat savings in Bitcoin if so. I am however realistic enough to know that we are probably not even going to see anything below the $5000 mark, so how viable is dreaming of $1000 then?

Bitcoin was shown 1:1 with these bubble charts even when it was worth just $500 a pop, so how many more times will people keep rehashing this? Bitcoin isn't a traditional asset, and not a company.

Bitcoin is the representation of how the regular economy keeps failing. The more the regular economy implodes, the more Bitcoin's 'bubble' grows in size. In other words, Bitcoin grows because of how the system fails.

I think your dream will come true!

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June 04, 2018, 11:02:03 PM
 #6

No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

fabiorem
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June 04, 2018, 11:08:32 PM
 #7

No it's $100.



One dollar. Enjoy.


No one knows this whether it is going to happen or not.


Why every thread always have someone saying "no one knows if this will happen or not"?
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June 04, 2018, 11:20:07 PM
 #8

You have been warned!



ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

$1000 means a redux of 2011.....certainly possible. but assuming it will happen?! beyond foolish. this long sideways on the daily looks like a recipe for a measured move to 2017 supports in the $2500-$3000 range. i'm not betting on any lower than that; the odds are too low.

i'd say there is a 5-10% chance of $1000 happening, at most. but yeah, it's a possibility.

eth9888
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June 04, 2018, 11:21:46 PM
 #9

No it's $100.


One dollar. Enjoy.

No one knows this whether it is going to happen or not.


Why every thread always have someone saying "no one knows if this will happen or not"?

No it's $100.

Clark05
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June 04, 2018, 11:22:53 PM
 #10

If the price of the bitcoin decrease like that I think I will not be warned because if that happen I have opportunity or chances to buy more bitcoin with very low price and the price will increase fastly because many prople would buy bitcoin becaude they want to earn more profit too.

eth9888
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June 04, 2018, 11:23:17 PM
 #11

You have been warned!



ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

$1000 means a redux of 2011.....certainly possible. but assuming it will happen?! beyond foolish. this long sideways on the daily looks like a recipe for a measured move to 2017 supports in the $2500-$3000 range. i'm not betting on any lower than that; the odds are too low.

i'd say there is a 5-10% chance of $1000 happening, at most. but yeah, it's a possibility.

Of course this has to be done weekly.
Watching angry "this time is different" posts pouring in from all over the world is better than watching telly with granny.
Thank you!

fabiorem
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June 04, 2018, 11:25:33 PM
 #12

ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

$1000 means a redux of 2011.....certainly possible. but assuming it will happen?! beyond foolish. this long sideways on the daily looks like a recipe for a measured move to 2017 supports in the $2500-$3000 range. i'm not betting on any lower than that; the odds are too low.

i'd say there is a 5-10% chance of $1000 happening, at most. but yeah, it's a possibility.


Its a possibility that will last for only five minutes.

Nobody would let that pass. If bitcoin go to $1000 and ether to $0.01 I will stockpile both. It would be a gold rush.
eth9888
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June 04, 2018, 11:33:55 PM
 #13

No one knows this whether it is going to happen or not. But I am not agree with you because it happens in market when BTC is down. I think you don't have idea about the power of BTC. Have you noticed that whole crypto market is down now a days just because of decline in BTC. It has happened so many times at least you can check the market trend of last 12 months if not more. Every time BTC is representative of crypto market, if BTC is down whole market is down if BTC is good then whole market will be good...So don't worry, wait for few days second part of the year will be fine.

Yes! thanks for pointing this out.
The whole market is full of scam coins and rubbish ICOs

Could you believe a coin with a plagiarised white paper could have reached $12B market cap?!

It's still ranked as the 10th largest market cap coin today with a market cap of nearly $4B.

Honestly, I wouldn't even give this coin a $100M market cap

This is how much BS the market has come to!!

BTC and ETH are representatives of crypto market which is full of BS at the moment

richminded
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June 04, 2018, 11:40:47 PM
 #14

ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

$1000 means a redux of 2011.....certainly possible. but assuming it will happen?! beyond foolish. this long sideways on the daily looks like a recipe for a measured move to 2017 supports in the $2500-$3000 range. i'm not betting on any lower than that; the odds are too low.

i'd say there is a 5-10% chance of $1000 happening, at most. but yeah, it's a possibility.


Its a possibility that will last for only five minutes.

Nobody would let that pass. If bitcoin go to $1000 and ether to $0.01 I will stockpile both. It would be a gold rush.
For sure many tycoons will come in if bitcoin hits the bottom of $1000 and I will sold everything I have just to buy bitcoin at $1000 level. Hey, this is our future, and whether you talk bad or not bitcoin can still survive. Blockchain technology is one of a kind that every company should adopt to improve their services.
eth9888
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June 04, 2018, 11:41:46 PM
 #15

ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

$1000 means a redux of 2011.....certainly possible. but assuming it will happen?! beyond foolish. this long sideways on the daily looks like a recipe for a measured move to 2017 supports in the $2500-$3000 range. i'm not betting on any lower than that; the odds are too low.

i'd say there is a 5-10% chance of $1000 happening, at most. but yeah, it's a possibility.


Its a possibility that will last for only five minutes.

Nobody would let that pass. If bitcoin go to $1000 and ether to $0.01 I will stockpile both. It would be a gold rush.
For sure many tycoons will come in if bitcoin hits the bottom of $1000 and I will sold everything I have just to buy bitcoin at $1000 level. Hey, this is our future, and whether you talk bad or not bitcoin can still survive. Blockchain technology is one of a kind that every company should adopt to improve their services.

No. I did not say bitcoin will not survive.

I just said there will be a massacre

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June 04, 2018, 11:48:59 PM
 #16

And ETH will go back to one dollar, when its bubble began.



No it's $100.

All in for Eth spotted.  Grin

If you are concern with the community, thanks for the warning. I've seen the same warnings before and mostly from kwukduck, do you know him? Do you have an idea on how many times bitcoin was said to be a bubble for the past years?

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June 04, 2018, 11:58:52 PM
 #17

Sometimes .. I also feel that bitcoin price will crash , Usually the market goes Reversing expectations of most people
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June 05, 2018, 01:20:54 AM
 #18

You have been warned!



ah, the weekly "bitcoin is a bubble" thread. i was wondering when someone would post it. Wink

This is relatively positive, he just says lower price and with a sharp upturn at the end.   If this graph was a ski slope it would be the ski jump event Cheesy

The proper conclusion to a bubble is not a rise at the end but a pop to the bubble which means all structure and economy is lost completely and unrecoverable.  The protocol being compromised would be the fitting pair to that graph or price outcome.

The big note that should be added is price varies by the currency used in exchange.   Dollar has a massive depreciating cycle to its value also, that inversely makes massive falls in BTC far less likely while dollar also is losing value.  Always consider both sides to a price exchange, dollar will not stay level in value

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thecodebear
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June 05, 2018, 02:19:24 AM
 #19

haha too funny. Sorry OP but no, this time isn't different. Bitcoin isn't just gonna sink away just because you experienced your first crash and don't realize this has all happened before and it'll all happen again. Bitcoin may very well continue to slowly slide down for a few more months, maybe even hitting $5000. But then again its also highly possible we've seen the bottom of the market and it'll be above $10k at some point this summer. $1000 is just absurd. Can you even imagine the buy support in the low thousands haha. I mean everyone who bought in during all of 2017 would be buying back in. No selling in the world could bring it down that far. Plus you'd have whales throwing everything they have at it if it sank below $5000. Lot of FUD people out there trying to make people selling during the down market, but please nobody for a second take this guy serious, he's a joke.
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June 05, 2018, 03:34:43 AM
 #20

And ETH will go back to one dollar, when its bubble began.


No it's $100.

if bitcoin goes to $1000 then ethereum will definitely drop down to $1

basically when you are hit with the reality that there is a ginormous supply of ethereum around and you are hit in the face with the 100 billion or possibly 150 billion by that time you will dump your bags as everyone else before you have been doing on a much higher price. and the real crash will come. not to mention that pump and dump altcoins like ETH will always be replaced by another pump and dump shitcoin which means money will exit to that new coin.

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